Kore Foods Ltd

Kore Foods Ltd

₹ 6.65 5.56%
21 May - close price
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 7.75 Cr.
  • Current Price 6.65
  • High / Low 9.27 / 5.92
  • Stock P/E
  • Book Value 0.54
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 12.3 times its book value
  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.15.7 Cr.
  • Company might be capitalizing the interest cost

* 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

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2005 Mar 2006 Jun 2007 Mar 2008 Mar 2009
64.49 39.67 7.90 0.37 0.38
70.64 55.81 89.06 7.52 11.11
Operating Profit -6.15 -16.14 -81.16 -7.15 -10.73
OPM % -9.54% -40.69% -1,027.34% -1,932.43% -2,823.68%
0.94 0.94 77.19 4.72 15.71
Interest 10.54 10.96 0.22 0.01 0.00
Depreciation 3.61 3.46 3.86 0.22 0.20
Profit before tax -19.36 -29.62 -8.05 -2.66 4.78
Tax % -0.26% 0.00% -0.37% -0.75% 0.42%
-19.41 -29.62 -8.08 -2.68 4.76
EPS in Rs -16.66 -25.42 -6.94 -2.30 4.09
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -79%
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 24%
TTM: 46%
Stock Price CAGR
10 Years: 10%
5 Years: %
3 Years: 41%
1 Year: -12%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2005 Mar 2006 Jun 2007 Mar 2008 Mar 2009
Equity Capital 11.65 11.65 11.65 11.65 11.65
Reserves -39.75 -69.29 -13.10 -15.78 -11.02
Preference Capital 6.00 6.00 1.00 1.00 1.00
78.99 89.90 0.25 0.14 0.13
45.93 31.24 16.42 13.90 6.44
Total Liabilities 96.82 63.50 15.22 9.91 7.20
47.57 43.22 10.88 5.60 4.39
CWIP 0.61 0.58 0.00 0.00 0.00
Investments 0.01 0.01 1.34 1.34 0.00
48.63 19.69 3.00 2.97 2.81
Total Assets 96.82 63.50 15.22 9.91 7.20

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2005 Mar 2006 Jun 2007 Mar 2008 Mar 2009
2.18 -2.64 -8.65 -3.40 -4.16
1.21 0.37 23.64 3.58 3.93
-2.57 -0.05 -15.65 -0.13 -0.01
Net Cash Flow 0.82 -2.32 -0.66 0.05 -0.24

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2005 Mar 2006 Jun 2007 Mar 2008 Mar 2009
Debtor Days 121.29 33.77 8.32 138.11 124.87
Inventory Days 128.95 99.64 12.87 226.89 465.38
Days Payable 186.36 114.91 68.64 3,403.38 1,633.38
Cash Conversion Cycle 63.88 18.50 -47.46 -3,038.38 -1,043.13
Working Capital Days 34.24 -54.56 -619.11 -10,802.03 -3,285.00
ROCE % -38.39% -210.76%

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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