Kush Industries Ltd - Stock Valuation and Financial Performance

BSE: 514240 | NSE: SUZLONFIBR | Textile | Small Cap

Kush Industries Share Price

8.21 0.17 2.11%
as on 16-Apr'24 11:09

DeciZen - make an informed investing decision on Kush Industries

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Kush Industries stock performance -

mw4me loader
P/E Ratio (SA):
5.43
Market Cap:
12.3 Cr.
52-wk low:
4.5
52-wk high:
9.4

Is Kush Industries Ltd an attractive stock to invest in?

1. Is Kush Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kush Industries Ltd is a below average quality company.

2. Is Kush Industries Ltd undervalued or overvalued?

The key valuation ratios of Kush Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Kush Industries Ltd a good buy now?

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

10 Year X-Ray of Kush Industries:

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.
Kush Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -1.2%-3.2%-1.2%-17.8%-5.1%-7.6%-1.8%-11.8%22%-3.3%-
Value Creation
Index
NANANANANANANANA0.6NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10.50.51.41.31.20.303.30.81
Sales YoY Gr.--46.3%-9.8%195.7%-5.2%-4.7%-73.2%-93.9%16,200%-74.9%-
Adj EPS -0.1-0.3-0.1-0.8-0.1-0.2-0-0.20.5-0.11.5
YoY Gr.-NANANANANANANANA-114.8%-
BVPS (₹) -1.6-2.1-2.2-8.5-8.6-8.8-7.8-8-6.4-6.5-4.5
Adj Net
Profit
-0.2-0.4-0.1-1.3-0.2-0.3-0.1-0.30.8-0.12
Cash Flow from Ops. 0.1-1.7-0.6-1-1-0.1-0.4-0.2-3.13.4-
Debt/CF from Ops. 249-8.6-26.4-15.2-16.5-155.5-37.7-78.7-4.73.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.6%-8.7%35.5%-74.9%
Adj EPS NANANA-114.8%
BVPSNANANANA
Share Price 26.2% 52.1% 72.5% 52.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.915.54.416.31.31.90.42.5-7.81.3-26.9
Op. Profit
Mgn %
-15.8-90.2-88.2-96.3-18.7-25.4-200.6-11864.4-15.2-4.8
Net Profit
Mgn %
-18.3-80.9-29.7-94.6-12.7-20.4-15.5-1297.825.4-14.7336.9
Debt to
Equity
-7.3-4.8-4.6-1.2-1.3-1.2-1.2-1.2-1.6-1.2-
Working Cap
Days
7951,2471,2674025697451,98319,3683151,3355,944
Cash Conv.
Cycle
4646355741722402879436,449223891-22,565

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 35.45%

Return on Equity is Poor

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -49.92%

Latest Financials - Kush Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 -
TTM Sales (₹ Cr.) 0.7 -
BVPS (₹.) -4.5 -
Reserves (₹ Cr.) -22 -
P/BV -1.78 -
PE 5.43 -
From the Market
52 Week Low / High (₹) 4.53 / 9.35
All Time Low / High (₹) 0.46 / 33.45
Market Cap (₹ Cr.) 12.3
Equity (₹ Cr.) 15.3
Face Value (₹) 10
Industry PE 28.5

Management X-Ray of Kush Industries:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Kush Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.950.510.461.361.291.230.330.023.260.82
Operating Expenses 1.100.990.862.661.621.5410.293.120.95
Manufacturing Costs0.410.200.270.840.560.290.160.070.060
Material Costs0.020.2100.540.060.810.400.022.810.81
Employee Cost 0.460.420.430.930.610.210.190.060.050.05
Other Costs 0.210.160.160.340.380.230.250.130.210.09
Operating Profit -0.15-0.47-0.40-1.30-0.34-0.31-0.67-0.270.14-0.13
Operating Profit Margin (%) -15.8%-92.3%-88.2%-96.3%-26.3%-25.4%-200.0%-1,186.0%4.4%-15.2%
Other Income 0.390.190.170.100.220.162.170.070.060.05
Interest 0000000000
Depreciation 0.500.310.070.080.110.100.100.100.060.04
Exceptional Items 0-0.480000002.310
Profit Before Tax -0.26-1.07-0.31-1.28-0.23-0.251.41-0.302.45-0.12
Tax -0.08-0.32-0.170000000
Profit After Tax -0.17-0.76-0.14-1.28-0.23-0.251.41-0.302.45-0.12
PAT Margin (%) -18.3%-147.0%-29.8%-94.6%-18.1%-20.4%424.1%-1,297.8%75.0%-14.7%
Adjusted EPS (₹)-0.1-0.5-0.1-0.9-0.2-0.21.0-0.21.7-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -2.30-3.06-3.19-12.56-12.79-13.03-11.63-11.92-9.46-9.59
Share Capital 14.8514.8514.8514.8514.8514.8514.8514.8514.8514.85
Reserves -17.15-17.90-18.04-27.41-27.64-27.88-26.48-26.77-24.30-24.44
Minority Interest0000000000
Debt16.8314.6514.6515.4516.2216.0714.2114.3514.6111.75
Long Term Debt16.8314.6514.650000000
Short Term Debt00015.4516.2216.0714.2114.3514.6111.75
Trade Payables00.070.090.130.640.810.040.020.010.72
Others Liabilities -6.90-7.48-7.790.220.400.100.070.030.060.01
Total Liabilities 7.634.193.773.244.483.952.692.485.232.89

Fixed Assets

Gross Block11.4811.4811.481.381.331.271.271.280.510.51
Accumulated Depreciation8.509.929.990.080.160.250.350.450.270.31
Net Fixed Assets2.971.561.491.301.171.010.920.830.240.19
CWIP 0000000000
Investments 0.020.010.010.030.030.040.030.030.050.03
Inventories0.720.560.710.401.220.770.280.260.050.65
Trade Receivables0.390.150.110.180.530.880.180.083.630.08
Cash Equivalents 2.661.090.620.580.600.550.470.460.461.12
Others Assets0.870.810.830.750.920.690.800.810.810.81
Total Assets 7.634.193.773.244.483.952.692.485.232.89

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.07-1.71-0.56-1.01-0.98-0.10-0.38-0.18-3.123.38
PBT -0.26-0.60-0.31-1.28-0.23-0.251.41-0.300.14-0.12
Adjustment 0.220.80-0.01-0.02-0.10-0.07-2.060.060.010
Changes in Working Capital 0.18-1.91-0.240.29-0.650.210.280.06-3.263.5
Tax Paid 0000000000
Cash Flow From Investing Activity 0.250.140.080.150.240.212.160.032.870.13
Capex 0000.040.050.07002.870
Net Investments 00000000-0.020
Others 0.250.140.080.110.190.142.160.030.020.13
Cash Flow From Financing Activity 0000.800.77-0.15-1.860.140.25-2.86
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000.800.77-0.15-1.860.140.26-2.86
Net Cash Flow 0.32-1.56-0.48-0.060.02-0.05-0.08-0.0100.65
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.120.090.120.390.330.290.10.010.850.2
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A-0.27N/A-1.27N/A
Working Capital Days
Receivable Days191192105391012095812,111207821
Inventory Days2734555081502312975814,37517156
Payable Days01310762,1883273864452165

Kush Industries Ltd Stock News

Kush Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kush Industries on 16-Apr-2024 11:09 is ₹8.21.
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 16-Apr-2024 11:09 the market cap of Kush Industries stood at ₹12.26.
The latest P/E ratio of Kush Industries as of 16-Apr-2024 11:09 is 5.43.
The latest P/B ratio of Kush Industries as of 16-Apr-2024 11:09 is -1.78.
The 52-week high of Kush Industries is ₹9.35 and the 52-week low is ₹4.53.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kush Industries is ₹0.67 ( Cr.) .

About Kush Industries Ltd

SNS Textiles, incorporated in 1992, is a manufacturer and exporter of 100% cotton fabrics and made ups. The company manufactures home furnishing items for foreign chain stores and discount stores for European market.

The company’s registered office is located at 330-A, GIDC, Opposite Atul Products, Ankleshwar, Bharuch District, Gujarat-393002.

The shares of the company are listed on Bombay Stock Exchange, Vadodara Stock Exchange, Saurashtra-Kutch Stock Exchange and Chennai Stock Exchange.

The company has an excellent infrastructure set up that enables it to offer more quantities of various new and old products. Its in-house production unit is equipped with the state-of-the-art machines. The unit is also well equipped with testing lab that checks all the aspects of quality, viz. texture, colour fastness, intricate designing, stitching and others.

Products

  • Bath Linen
  • Bed Linen
  • Curtain
  • Garments
  • Handicrafts
  • Kitchen Linen
  • Table Linen
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