Kore Foods Ltd

Kore Foods Ltd

₹ 7.15 2.29%
24 Apr 12:35 p.m.
About

Incorporated in 1983, Kore Foods Limited is in the business of Food Processing.

Key Points

Business Overview:[1]
Company manufactures dry fruits in various flavors for exports and domestic sales and offers customized products for 5-Star hotels and other customers in food and catering industry.

  • Market Cap 8.33 Cr.
  • Current Price 7.15
  • High / Low 9.27 / 5.92
  • Stock P/E
  • Book Value -3.01
  • Dividend Yield 0.00 %
  • ROCE -440 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.04 0.04 0.04 0.04 0.04 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.10 0.08 0.10 0.08 0.08 0.17 0.10 0.08 0.07 0.17 0.11 0.08 0.06
Operating Profit -0.06 -0.04 -0.06 -0.04 -0.04 -0.13 -0.10 -0.08 -0.07 -0.17 -0.11 -0.08 -0.06
OPM % -150.00% -100.00% -150.00% -100.00% -100.00% -325.00%
0.02 0.06 0.03 0.05 0.05 2.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.00 0.00 0.00
Depreciation 0.02 0.02 0.02 0.02 0.02 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.08 -0.02 -0.07 -0.03 -0.03 2.46 -0.12 -0.10 -0.09 -0.18 -0.11 -0.08 -0.06
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.08 -0.02 -0.08 -0.03 -0.04 2.46 -0.12 -0.10 -0.09 -0.18 -0.11 -0.08 -0.06
EPS in Rs -0.07 -0.02 -0.07 -0.03 -0.03 2.11 -0.10 -0.09 -0.08 -0.15 -0.09 -0.07 -0.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1.20 1.18 2.14 4.41 4.17 -0.26 0.01 0.12 0.27 0.14 0.14 0.00 0.00
2.30 2.58 3.26 5.92 5.26 1.58 0.54 0.30 0.41 0.33 0.42 0.33 0.42
Operating Profit -1.10 -1.40 -1.12 -1.51 -1.09 -1.84 -0.53 -0.18 -0.14 -0.19 -0.28 -0.33 -0.42
OPM % -91.67% -118.64% -52.34% -34.24% -26.14% -5,300.00% -150.00% -51.85% -135.71% -200.00%
0.31 1.06 1.37 0.10 0.09 0.23 0.39 0.21 0.70 0.11 2.77 0.00 0.00
Interest 0.00 0.00 0.00 0.05 0.09 0.09 0.08 0.09 0.09 0.08 0.07 0.07 0.01
Depreciation 0.21 0.18 0.13 1.29 0.11 0.09 0.09 0.09 0.09 0.09 0.09 0.00 0.00
Profit before tax -1.00 -0.52 0.12 -2.75 -1.20 -1.79 -0.31 -0.15 0.38 -0.25 2.33 -0.40 -0.43
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-1.00 -0.52 0.12 -2.75 -1.20 -1.79 -0.31 -0.15 0.38 -0.25 2.33 -0.40 -0.43
EPS in Rs -0.86 -0.45 0.10 -2.36 -1.03 -1.54 -0.27 -0.13 0.33 -0.21 2.00 -0.34 -0.36
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: 5%
5 Years: -7%
3 Years: -36%
TTM: -60%
Stock Price CAGR
10 Years: 9%
5 Years: 7%
3 Years: 54%
1 Year: -7%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65
Reserves -10.43 -10.95 -10.83 -13.58 -14.78 -16.57 -16.88 -17.03 -16.65 -16.90 -14.57 -14.97 -15.16
Preference Capital 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 2.39 2.55 4.10 5.50 5.65 5.85 5.81 2.95 3.44 3.67
3.13 1.81 2.78 2.22 2.78 2.30 1.02 0.97 0.26 0.43 0.14 0.10 0.08
Total Liabilities 4.35 2.51 3.60 2.68 2.20 1.48 1.29 1.24 1.11 0.99 0.17 0.22 0.24
3.52 1.68 2.64 1.55 1.45 1.24 1.15 1.06 0.97 0.88 0.00 0.00 0.00
CWIP 0.00 0.00 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.83 0.83 0.86 1.13 0.75 0.24 0.14 0.18 0.14 0.11 0.17 0.22 0.24
Total Assets 4.35 2.51 3.60 2.68 2.20 1.48 1.29 1.24 1.11 0.99 0.17 0.22 0.24

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.15 -2.57 0.02 -2.28 -0.12 -0.82 -1.32 -0.06 -0.11 0.12 -0.46 -0.42
0.07 2.52 -0.08 -0.11 -0.01 0.32 0.00 0.00 0.00 0.00 3.37 0.00
0.01 0.01 0.01 2.34 0.07 0.47 1.32 0.06 0.11 -0.11 -2.93 0.42
Net Cash Flow -0.07 -0.04 -0.05 -0.05 -0.07 -0.02 0.00 0.00 0.00 0.01 -0.01 0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 42.58 43.31 57.99 48.83 30.64 -70.19 730.00 60.83 27.04 52.14 260.71
Inventory Days 49.95 86.34 42.94 29.16 23.65 56.15 0.00
Days Payable 199.79 121.67 74.17 37.63 87.39 147.40
Cash Conversion Cycle -107.26 7.98 26.76 40.37 -33.11 -161.44 730.00 60.83 27.04 52.14 260.71
Working Capital Days -529.25 -120.64 -187.62 -17.38 -94.53 -2,849.81 -33,580.00 -2,524.58 -229.81 -860.36 52.14
ROCE % -36.76% -69.39% -56.82% -164.63% -118.09% -22.22% -25.00% -24.11% -61.02% -440.00%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.30% 50.30% 50.30% 50.30% 50.30% 50.32% 50.32% 50.32% 50.32% 50.32% 50.32% 50.32%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.21% 0.21% 0.21% 0.21% 0.21% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22%
49.47% 49.47% 49.47% 49.47% 49.47% 49.47% 49.46% 49.48% 49.47% 49.47% 49.47% 49.48%
No. of Shareholders 14,64114,61614,80914,79014,72016,28016,63716,61116,55316,39016,36616,395

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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