Kothari Fermentation & Biochem Ltd
Incorporated in 1990, Kothari Fermentation and Biochem Ltd is a manufacturer of Yeast and its derivatives[1]
- Market Cap ₹ 111 Cr.
- Current Price ₹ 73.8
- High / Low ₹ 105 / 50.5
- Stock P/E
- Book Value ₹ 37.3
- Dividend Yield 0.00 %
- ROCE -0.40 %
- ROE -8.41 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.51% over past five years.
- Company has a low return on equity of -2.46% over last 3 years.
- 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
44 | 51 | 64 | 77 | 79 | 88 | 96 | 97 | 96 | 97 | 110 | 109 | |
39 | 47 | 60 | 71 | 70 | 76 | 78 | 82 | 81 | 87 | 101 | 104 | |
Operating Profit | 5 | 4 | 4 | 6 | 9 | 12 | 18 | 15 | 14 | 10 | 9 | 5 |
OPM % | 11% | 7% | 7% | 8% | 11% | 14% | 18% | 15% | 15% | 11% | 8% | 5% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | |
Interest | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 4 | 3 | 3 | 4 |
Depreciation | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | 5 | 6 | 6 | 6 |
Profit before tax | 2 | 1 | 1 | 3 | 5 | 7 | 12 | 11 | 6 | 2 | 0 | -4 |
Tax % | 31% | 33% | 39% | 34% | 34% | 26% | 30% | 30% | 17% | 79% | 34% | 25% |
2 | 0 | 1 | 2 | 3 | 5 | 9 | 8 | 5 | 0 | 0 | -5 | |
EPS in Rs | 1.09 | 0.25 | 0.57 | 1.26 | 2.14 | 3.55 | 5.81 | 5.11 | 3.21 | 0.21 | 0.13 | -3.27 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 3% |
3 Years: | 4% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -2684% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 4% |
3 Years: | -2% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | -2% |
Last Year: | -8% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 13 | 13 | 14 | 16 | 19 | 24 | 33 | 41 | 45 | 46 | 46 | 41 |
11 | 11 | 12 | 16 | 18 | 16 | 23 | 34 | 39 | 45 | 45 | 47 | |
5 | 6 | 8 | 10 | 13 | 12 | 15 | 16 | 17 | 23 | 26 | 29 | |
Total Liabilities | 43 | 45 | 49 | 57 | 65 | 67 | 86 | 106 | 116 | 129 | 131 | 132 |
21 | 21 | 24 | 34 | 43 | 52 | 52 | 74 | 82 | 80 | 74 | 87 | |
CWIP | 3 | 6 | 6 | 7 | 6 | 1 | 14 | 3 | 7 | 16 | 19 | 8 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
19 | 18 | 19 | 16 | 17 | 15 | 20 | 29 | 28 | 33 | 38 | 37 | |
Total Assets | 43 | 45 | 49 | 57 | 65 | 67 | 86 | 106 | 116 | 129 | 131 | 132 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 5 | 5 | 9 | 10 | 11 | 12 | 7 | 15 | 10 | 6 | 9 | |
-6 | -4 | -5 | -13 | -10 | -7 | -17 | -16 | -17 | -13 | -3 | -7 | |
2 | -1 | -0 | 3 | 0 | -4 | 5 | 8 | 2 | 3 | -3 | -1 | |
Net Cash Flow | 0 | 0 | 0 | -1 | 0 | 0 | -0 | -0 | -0 | 0 | -0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 27 | 35 | 24 | 22 | 24 | 22 | 26 | 29 | 24 | 21 | 26 | 30 |
Inventory Days | 95 | 56 | 63 | 62 | 68 | 51 | 104 | 174 | 173 | 166 | 145 | 142 |
Days Payable | 33 | 40 | 33 | 21 | 41 | 34 | 46 | 54 | 37 | 85 | 79 | 65 |
Cash Conversion Cycle | 88 | 51 | 54 | 63 | 51 | 39 | 84 | 149 | 160 | 102 | 92 | 107 |
Working Capital Days | 71 | 57 | 50 | 28 | 18 | 16 | 21 | 52 | 59 | 66 | 67 | 59 |
ROCE % | 10% | 5% | 8% | 10% | 13% | 16% | 22% | 16% | 10% | 4% | 3% | -0% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Jul - Depositories and Participating) Regulations, 2018, we are enclosing herewith a copy of the Certificate received from M/s Abhipra Capital Limited , the Registrar and Share …
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General Update- Announcement Of Commencement Of Production And Sales Operation.
16 Jul - Installation of plant and equipment supplied by Nextferm Technologies Limited has been completed and the manufacturing operations of the Yeast- based protein has been commenced …
- Closure of Trading Window 27 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Copy of Audited Financial Results for the quarter/ year ended on 31st March, 2024 published in the following newspapers: 1. Financial Express 2. Jansatta
- Related Party Transaction Disclosure For The Half Year Ended March 31,2024 30 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Profile:[1]
a) Fresh Yeast
b) Active Dried Yeast
c) Instant Dried Yeast
d) Inactive Dried Yeast
e) Live Yeast
f) Mono Oligo Saccharides
g) Cell Wall
h) Yeast Extract Powder
i) Distiller Dried Yeast