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Kore Digital Ltd (KDL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: KDL Telecom-Infrastructure | Small Cap | Kore Digital Share Price

BSE Share Price
Not Listed

Kore Digital Ltd (KDL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: KDL Telecom-Infrastructure | Small Cap | Kore Digital Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹152 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹3.3
TTM Sales
₹62.7 Cr.
Book Value per Share
₹71.2
P/E Ratio
38.83
In line with its 5-year historical median
Industry PE
29.2
Price to Book (P/B)
1.78
Lower than its 5-year historical median
Price to Sales (P/S)
2.43
Lower than its 5-year historical median
EV/EBITDA
12.16
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
12.29%
Outperforms industry median
Return on Capital Employed (ROCE)
14.94%
Outperforms industry median
Return on Assets (ROA)
5.78%
Operating Profit Margin
13.2%
Net Profit Margin
7.29%
Gross Profit Margin
12.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
27.5%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
12.06%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-16.28%
Asset Quality
Promoter Holding
63.67%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹74 Cr.
Equity
₹12 Cr.
Face Value
₹10
All Time Low / High
- / -

Kore Digital stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Undervalued

Price Trend

Weak
Q.1 Is Kore Digital Ltd a good quality company?
Kore Digital Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kore Digital Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kore Digital Ltd vs industry peers?
Kore Digital Ltd revenue CAGR is 172.40%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kore Digital Ltd?
Promoters hold 63.67% of the Kore Digital Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kore Digital Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -53.38% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kore Digital Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 22.2%112.4%186.9%85.7%39.9%14.9%-
Value Creation
Index
0.67.012.45.11.90.1-

Growth Parameters

Sales 0.9416.921.310413263
Sales YoY Gr.-352.3%325.6%25.6%386.7%27.5%-
Adj EPS 00.32.94.39.683.3
YoY Gr.-1600%747.1%47.9%124.4%-16.3%-
BVPS (₹) 0.10.53.37.661.269.271.2
Adj Net
Profit
00.32.23.211.59.64
Cash Flow from Ops. 00.31.30.4-8.413.8-
Debt/CF from Ops. 00.90.14.8-0.10.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA172.4%98.2%27.5%
Adj EPS NA231.5%40.6%-16.3%
BVPSNA262.8%174.9%13.1%
Share Price - - -5.9% -59.7%

Key Financial Parameters

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
22.2122.5152.37828.612.14.7
Op. Profit
Mgn %
2.110.318.522.31513.217.5
Net Profit
Mgn %
2.16.512.915.111.17.36.3
Debt to
Equity
00.60.10.400.10
Working Cap
Days
0332196391238301372
Cash Conv.
Cycle
02427166-63375

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales141721104132
Operating Expenses + 14141788115
Manufacturing Costs01019587
Material Costs121314-1023
Employee Cost 000001
Other Costs 001124
Operating Profit 00351617
Operating Profit Margin (%) 2.1%10.3%18.5%22.3%15.0%13.2%
Other Income + 000020
Exceptional Items 000000
Interest 000000
Depreciation 000005
Profit Before Tax 00341612
Tax 001152
Profit After Tax 00231110
PAT Margin (%) 2.1%6.5%12.9%15.1%11.1%7.3%
Adjusted EPS (₹)0.00.32.94.39.68.0
Dividend Payout Ratio (%)0%0%0%0%0%0%

Valuation of Kore Digital - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 00367483
Share Capital 0003412
Reserves 00337071
Debt +000216
Long Term Debt000202
Short Term Debt000004
Minority Interest000000
Trade Payables0010267380
Others Liabilities 2523511
Total Liabilities 261436153180

Fixed Assets

Net Fixed Assets +00031039
Gross Block00031145
Accumulated Depreciation000016
CWIP 0000024
Investments 000000
Inventories23916263
Trade Receivables0121449100
Cash Equivalents 0010402
Others Assets 01232713
Total Assets 261436153180

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0010-814
PBT 00341612
Adjustment 000015
Changes in Working Capital 0-0-1-3-24-1
Tax Paid 0-0-1-1-1-3
Cash Flow From Investing Activity + 0-0-0-3-8-57
Capex 0-00-3-8-57
Net Investments 00-000-0
Others 000000
Cash Flow From Financing Activity + 00-01565
Net Proceeds from Shares 0000578
Net Proceeds from Borrowing 00-02-11
Interest Paid 0-0-0-0-0-0
Dividend Paid 000000
Others 0-0001-4
Net Cash Flow 001-140-38

Financial Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/A152.2977.972912.29
ROCE (%)N/AN/A186.9285.739.9114.94
Asset Turnover Ratio0.461.031.670.841.10.79
PAT to CFO Conversion(x)N/AN/A0.50-0.731.4
Working Capital Days
Receivable Days2.1061.9034.40133.50110.80206
Inventory Days768.10209.30130.70219.1073.9039.40
Payable Days143.8065.70148.30466.10-1,878.501,212.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kore Digital Ltd FAQs

The current trading price of Kore Digital on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Kore Digital stood at ₹152.2 Cr

The latest P/E ratio of Kore Digital as of 31-Dec-1969 is 38.83.

The latest P/B ratio of Kore Digital as of 31-Dec-1969 is 1.78.

The 52-week high of Kore Digital is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kore Digital is ₹62.71 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kore Digital Ltd is a average quality company.

The key valuation ratios of Kore Digital Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kore Digital Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Kore Digital Ltd

Kore Digital was set up with an object to provide high-end communication solutions to corporate and Telecom Network Operators. The company is a growing passive telecommunication infrastructure provider in Maharashtra, engaged primarily in the business of installing and commissioning of Poles, Towers and Optical Fibre Cable (OFC) Systems in Maharashtra. Passive infrastructure refers to the telecommunication towers for wireless telecommunication services and OFC is used for the purpose of hosting and assisting in the operation of the active infrastructure used for transmitting telecommunications signals or transporting voice and data traffic. Being a passive communication infrastructure Company, it is focused towards providing passive communication infrastructure services mainly to the Telecom Network Operators, Broad Band Service Operators and Internet Service Providers (ISPs) in Maharashtra, especially in locations in and around Mumbai.

The company has been licensed by Department of Telecommunications (DoT) with the Infrastructure Provider (IP)-I License in the year 2009, under which it can establish and maintain assets Dark Fibres, right of way, duct space and tower for the purpose to grant on lease or rent or sale basis to the licensees of Telecom Network Operators, Broad Band Service Operators and ISPs. It also provided support services such as includes project management for laying of the duct and optic fibre cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, maintenance of duct and optic fibre and optical fibre project turnkey services to various, Telecom Network Operators & Broad Band Service Operators and ISPs across Maharashtra. Apart from laying the network under the project or own network, it is also engaged in the operations & maintenance activity of the fibre network and preventing the underground optic fiber therein from getting cut due to activities like road repairs, digging and expansion works by various authorities.

The company was originally incorporated as Kore Digital Private Limited on February 13, 2009 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently the name of the company was changed from ‘as Kore Digital Private Limited’ to ‘Kore Digital Limited’ under the Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the EGM held on July 08, 2022 and had obtained fresh certificate of incorporation July 29, 2022 issued by the Registrar of Companies, Maharashtra, Mumbai.

Business area of the company

The company is a growing passive telecommunication infrastructure provider, primarily engaged in the installation and commissioning of poles, towers, and OFC systems.

History and milestones

  • 2009: Incorporated under Companies Act 1956 as Kore Digital Private Limited.
  • 2009: Company received Licence from Department from Telecom as Infrastructure Provider Category I.
  • 2021: Kore Digital joined hands with top five Telecom Operators for Various Projects
  • 2022: Conversion of Private to Public from ‘Kore Digital Private Limited’ to ‘Kore Digital Limited’.
  • 2023: Listed on NSE SME platform.

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