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Karnimata Cold Storage Ltd (537784)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537784 NSE: Logistics | Small Cap | Karnimata Cold Share Price

₹9.32 0.00 (0.00%)

As on 09-Dec'25 16:59

Karnimata Cold Storage Ltd (537784)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537784 NSE: Logistics | Small Cap | Karnimata Cold Share Price

₹9.32 0.00 (0.00%)

As on 09-Dec'25 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5 Cr.
Current Price
₹9.3
52-Week Low / High
₹9 / 9
TTM EPS
₹1.6
TTM Sales
₹4.5 Cr.
Book Value per Share
₹19.2
P/E Ratio
5.96
Lower than its 5-year historical median
Industry PE
36.2
Price to Book (P/B)
0.49
In line with its 5-year historical median
Price to Sales (P/S)
1.06
In line with its 5-year historical median
EV/EBITDA
4.19
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
8.49%
Underperforms industry median
Return on Capital Employed (ROCE)
9.61%
Underperforms industry median
Return on Assets (ROA)
4.46%
Operating Profit Margin
28.4%
Net Profit Margin
17.84%
Gross Profit Margin
32%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
6.21%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-8.03%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
29.51%
Asset Quality
Promoter Holding
21.09%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹5 Cr.
Equity
₹5.1 Cr.
Face Value
₹10
All Time Low / High
₹5.15 / 30.00

Karnimata Cold Storage stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Karnimata Cold Storage Ltd a good quality company?
Karnimata Cold Storage Ltd is a quality company, based on a 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 Karnimata Cold Storage Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Karnimata Cold Storage Ltd vs industry peers?
Karnimata Cold Storage Ltd revenue CAGR is -1.21%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Karnimata Cold Storage Ltd?
Promoters hold 21.09% of the Karnimata Cold Storage Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Karnimata Cold Storage Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -3.7% 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.
Karnimata Cold Storage 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 7.2%8.3%8.5%8.1%7.8%7.6%7.6%8.1%9%9.6%-
Value Creation
Index
-0.5-0.4-0.4-0.4-0.4-0.5-0.5-0.4-0.4-0.3-

Growth Parameters

Sales 4.34.64.754.74.24.14.34.24.54
Sales YoY Gr.-9.2%1.5%5.3%-4.6%-11.6%-1.9%4.4%-2.1%6.2%-
Adj EPS 0.10.20.40.100.30.70.70.91.31.6
YoY Gr.-41.7%152.9%-74.4%-90.9%2700%164.3%-10.8%34.9%46.1%-
BVPS (₹) 13.113.41413.914.114.515.516.417.619.219.2
Adj Net
Profit
0.10.10.20.100.10.40.30.50.71
Cash Flow from Ops. 13.80.15.1-0.61.51-0.21.44.6-
Debt/CF from Ops. 13.82.8206.42-16.65.39.6-40.36.21.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 0.5%-1.2%2.8%6.2%
Adj EPS 30.3%164.7%20.7%46.1%
BVPS4.3%6.4%7.3%8.9%
Share Price -3.7% 9.2% 15.8% -

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.91.33.10.80.124.94.15.27.18.1
Op. Profit
Mgn %
34.836.532.533.330.5343133.332.728.430.6
Net Profit
Mgn %
1.41.94.61.10.13.49.27.910.814.817.8
Debt to
Equity
21.51.61.51.41.11.31.110.60.9
Working Cap
Days
652547528508524603589680816693207
Cash Conv.
Cycle
45414045565957556943-8

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales4.254.644.714.964.734.184.104.284.194.45
Operating Expenses + 2.782.943.183.313.292.762.832.862.823.19
Manufacturing Costs1.891.842.101.991.921.451.551.451.261.36
Material Costs0000000000.29
Employee Cost 0.450.460.550.520.530.650.640.690.690.84
Other Costs 0.440.640.530.810.830.660.640.710.870.70
Operating Profit 1.481.691.531.651.441.421.271.431.371.26
Operating Profit Margin (%) 34.8%36.5%32.5%33.3%30.5%34.0%31.0%33.3%32.7%28.4%
Other Income + 0.360.300.450.260.360.270.460.500.700.81
Exceptional Items 0.02000000000
Interest 1.321.391.201.301.190.930.720.740.860.65
Depreciation 0.450.460.460.460.460.460.470.480.480.48
Profit Before Tax 0.090.140.330.160.150.300.540.700.730.95
Tax 0000.040.040.080.030.230.130.16
Profit After Tax 0.080.140.330.120.110.220.510.460.610.79
PAT Margin (%) 2.0%3.1%7.0%2.3%2.3%5.3%12.5%10.9%14.5%17.8%
Adjusted EPS (₹)0.20.30.70.20.20.41.00.91.21.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Karnimata Cold - 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 6.666.817.147.057.167.377.898.358.969.75
Share Capital 5.085.085.085.085.085.085.085.085.085.08
Reserves 1.581.722.051.962.072.292.803.273.874.67
Debt +13.1510.4111.498.949.277.829.999.308.785.69
Long Term Debt6.054.893.931.400.8001.511.480.070.12
Short Term Debt7.095.527.567.558.487.828.487.828.715.58
Minority Interest0000000000
Trade Payables0000000000
Others Liabilities 0.890.550.712.3520.720.580.851.061.37
Total Liabilities 20.7017.7619.3418.3418.4315.9118.4618.5018.8016.82

Fixed Assets

Net Fixed Assets +11.5211.0710.6110.159.699.248.988.658.187.81
Gross Block13.2613.2713.2813.2813.2813.2813.4913.5513.5513.55
Accumulated Depreciation1.752.212.673.123.584.044.514.905.385.74
CWIP 0000000000
Investments 0.110.110.1100.250.250000
Inventories0.130.020.070.020.010.050.020.020.400.01
Trade Receivables0.420.460.500.640.800.480.720.530.640
Cash Equivalents 1.030.740.842.130.970.132.540.830.931.79
Others Assets 7.505.377.215.406.705.766.208.478.657.21
Total Assets 20.7017.7619.3418.3418.4315.9118.4618.5018.8016.82

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.963.750.065.08-0.601.481.04-0.231.424.60
PBT 0.090.140.330.160.150.300.540.700.730.95
Adjustment 1.691.751.601.701.591.331.091.101.271.03
Changes in Working Capital -0.791.87-1.913.26-2.32-0.14-0.49-1.91-0.542.76
Tax Paid -0.03-0.010.03-0.04-0.02-0.01-0.09-0.12-0.04-0.15
Cash Flow From Investing Activity + 0.230.060.160.050.310.05-0.14-0.100.03-0.08
Capex -0.20-0.01-0000-0.21-0.16-0-0.11
Net Investments 0.4000.110000000
Others 0.030.070.050.050.310.050.070.060.030.03
Cash Flow From Financing Activity + -1.02-4.10-0.11-3.85-0.86-2.371.51-1.39-1.35-3.66
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-2.54-0.60-0.801.54-0.04-1.410.06
Interest Paid -1.31-1.37-1.20-1.30-1.19-0.93-0.68-0.69-0.83-0.59
Dividend Paid 0000000000
Others 0.29-2.741.08-0.010.93-0.650.66-0.660.89-3.14
Net Cash Flow 0.17-0.290.101.29-1.16-0.842.41-1.720.100.86

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.262.144.731.641.53.026.725.7278.49
ROCE (%)7.158.258.58.17.787.67.648.18.989.61
Asset Turnover Ratio0.210.240.250.260.260.240.240.230.220.25
PAT to CFO Conversion(x)1226.790.1842.33-5.456.732.04-0.52.335.82
Working Capital Days
Receivable Days35.8034.4037.1041.8055.4055.9053.405350.9026.30
Inventory Days8.906.103.403.101.102.803.201.8018.4016.90
Payable Days0000000000

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

Karnimata Cold Storage Ltd FAQs

The current trading price of Karnimata Cold on 09-Dec-2025 16:59 is ₹9.32.

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 08-Dec-2025 the market cap of Karnimata Cold stood at ₹4.74 Cr

The latest P/E ratio of Karnimata Cold as of 08-Dec-2025 is 5.96.

The latest P/B ratio of Karnimata Cold as of 08-Dec-2025 is 0.49.

The 52-week high of Karnimata Cold is ₹9.32 and the 52-week low is ₹9.32.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Karnimata Cold is ₹4.45 ( Cr.) .

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

The key valuation ratios of Karnimata Cold Storage Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Karnimata Cold Storage Ltd

Karnimata Cold Storage was incorporated as “Karnimata Cold Storage Private Ltd” on April 29, 2011 under the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, West Bengal. The company is engaged in the business of cold storage and trading of agricultural commodities currently specializing in potatoes. The company has set up and made operational its first cold storage unit in Medinipur District, West Bengal having an installed capacity of 1,81,000 quintals for preservation of potatoes. This first project has been set up on a 6.27 acre plot (free hold land) in order to cater to the localised demands of different growers and traders at Village -Chekuasole, P.O- Jogerdanga, P.S- Goaltore, Dist- Paschim Medinipur, West Bengal. 

The need for setting up and construction of cold storage facilities is highly required for the preservation of potatoes which is a cash crop and the same shall be equally beneficial to both producers and consumers and shall there by strengthen the rural economy of perishable commodities. The company’s project envisages perfect backward and forward linkage of marketing activities as an essential pre-condition. Further it has become a practice to accommodate necessary finance to hirers of the cold storage against their stocks stored in the cold storage in order to keep the price or potato steady and allow the support price to the growers of potato. Providing this seasonal finance is an important factor in the growth of the company’s business.

Business area of the company

The company was formed to carry on the business in India and elsewhere to construct, build, establish, run, erect, promote, undertake, acquire, lease, sale, purchase, own, operate, manage, renovate, recondition, maintain, keep and to run Potato cold storage, multipurpose cold storage, storage chambers, ice chambers, go-downs, warehouse, refrigeration houses and freezing houses for storing, warehousing, keeping, preserving of Potatoes all kinds of fruits and vegetables, including onion, milk, milk products, sweets, processed food, protein food, food products, bakery products, bacons, soft drinks, medicines, chemicals, cereals, gur, roots or other substances, made from all or any of them whether kept loose, packed, tinned, canned or in any other form whatsoever and to act as a buyer, seller, financer, auctioneer, stockists, distributor, importer, exporter or otherwise to deal in all sorts of commodities, vegetables, fruits, edibles and similar good, to establish and to run a food processing unit.

Major Event

  • 2011: Incorporation of its company
  • 2011: Execution of term loan of Rs 6 crore
  • 2012: Completion of the construction of Cold Storage having storage capacity of 1,81,000 quintals of potatoes
  • 2012: Conversion of Private Limited to Public Limited and subsequent changes in MOA & AOA
  • 2013: Change of Registered Office
  • 2013: Commencement of Construction of additional capacity for storage of 75,000 quintals of potatoes
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