Kutch Salt & Allied Industries Ltd

Kutch Salt & Allied Industries Ltd

₹ 14.4 4.96%
04 Mar 2011
About

Kutch Salt & Allied Industries Ltd. is engaged in the business of manufacturing and marketing of industrial salt and gypsum and trading in iron ore.

  • Market Cap Cr.
  • Current Price 14.4
  • High / Low /
  • Stock P/E
  • Book Value 490
  • Dividend Yield 0.00 %
  • ROCE 11.8 %
  • ROE 1.56 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.03 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 52.7%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.05% over past five years.

* 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

Figures in Rs. Crores

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

Profit & Loss

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
5.65 77.44 124.90 73.45 88.16 235.46 94.43
3.72 68.57 114.28 64.63 65.23 208.93 77.20
Operating Profit 1.93 8.87 10.62 8.82 22.93 26.53 17.23
OPM % 34.16% 11.45% 8.50% 12.01% 26.01% 11.27% 18.25%
0.01 0.05 0.12 0.06 1.06 0.25 3.03
Interest 1.32 3.97 4.44 8.65 6.18 8.92 11.02
Depreciation 1.98 4.69 1.93 4.09 8.07 10.05 9.17
Profit before tax -1.36 0.26 4.37 -3.86 9.74 7.81 0.07
Tax % 0.00% 50.00% 46.00% -33.94% 52.87% 6.40% -171.43%
-1.36 0.13 2.36 -2.55 4.59 7.32 0.19
EPS in Rs -54.40 5.20 94.40 -102.00 183.60 292.80 7.60
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 9%
TTM: -60%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: 28%
TTM: -97%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 46%
3 Years: 53%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
Equity Capital 0.25 0.25 0.25 0.25 0.25 0.25 0.25
Reserves -0.08 0.05 2.43 -0.11 4.48 11.80 11.99
58.44 55.60 62.88 81.60 80.88 77.93 85.05
4.47 10.19 13.34 25.90 18.02 34.10 20.21
Total Liabilities 63.08 66.09 78.90 107.64 103.63 124.08 117.50
11.00 9.20 17.91 29.53 55.05 60.91 54.69
CWIP 2.85 5.63 9.81 28.08 2.77 0.82 9.00
Investments 0.05 0.05 0.05 0.05 0.05 0.03 0.03
49.18 51.21 51.13 49.98 45.76 62.32 53.78
Total Assets 63.08 66.09 78.90 107.64 103.63 124.08 117.50

Cash Flows

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
-43.68 8.14 30.06 20.58 0.43
-11.48 -5.68 -14.82 -15.89 -2.94
53.10 -2.75 8.64 -0.98 -1.08
Net Cash Flow -2.06 -0.29 23.88 3.71 -3.59

Ratios

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
Debtor Days 29.72 9.90 0.85 42.94 0.62 19.11 12.48
Inventory Days 259.01 46.98 28.78 265.60
Days Payable 107.04 67.79 40.20 93.30
Cash Conversion Cycle 29.72 161.87 -19.96 42.94 0.62 7.69 184.79
Working Capital Days 2,830.85 191.50 47.93 117.62 125.32 44.95 146.34
ROCE % 7.39% 14.51% 6.50% 19.03% 19.06% 11.84%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents