Kothari Fermentation & Biochem Ltd
Incorporated in 1990, Kothari Fermentation and Biochem Ltd is a manufacturer of Yeast and its derivatives[1]
- Market Cap ₹ 128 Cr.
- Current Price ₹ 85.1
- High / Low ₹ 105 / 44.1
- Stock P/E
- Book Value ₹ 36.5
- Dividend Yield 0.00 %
- ROCE 3.02 %
- ROE 0.31 %
- Face Value ₹ 10.0
Pros
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 4.69% over past five years.
- Company has a low return on equity of 2.97% 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
35 | 44 | 51 | 64 | 77 | 79 | 88 | 96 | 97 | 96 | 97 | 110 | 109 | |
31 | 39 | 47 | 60 | 71 | 70 | 76 | 78 | 82 | 81 | 87 | 101 | 102 | |
Operating Profit | 5 | 5 | 4 | 4 | 6 | 9 | 12 | 18 | 15 | 14 | 10 | 9 | 7 |
OPM % | 13% | 11% | 7% | 7% | 8% | 11% | 14% | 18% | 15% | 15% | 11% | 8% | 6% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | |
Interest | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 4 | 3 | 3 | 3 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | 5 | 6 | 6 | 6 |
Profit before tax | 2 | 2 | 1 | 1 | 3 | 5 | 7 | 12 | 11 | 6 | 2 | 0 | -2 |
Tax % | 31% | 31% | 33% | 39% | 34% | 34% | 26% | 30% | 30% | 17% | 79% | 34% | |
2 | 2 | 0 | 1 | 2 | 3 | 5 | 9 | 8 | 5 | 0 | 0 | -2 | |
EPS in Rs | 1.07 | 1.09 | 0.25 | 0.57 | 1.26 | 2.14 | 3.55 | 5.81 | 5.11 | 3.21 | 0.21 | 0.13 | -1.19 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 5% |
3 Years: | 4% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | -20% |
5 Years: | -49% |
3 Years: | -71% |
TTM: | 61% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 3% |
3 Years: | 19% |
1 Year: | 91% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 3% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
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 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 11 | 13 | 13 | 14 | 16 | 19 | 24 | 33 | 41 | 45 | 46 | 46 | 40 |
7 | 11 | 11 | 12 | 16 | 18 | 16 | 23 | 34 | 39 | 45 | 45 | 52 | |
4 | 5 | 6 | 8 | 10 | 13 | 12 | 15 | 16 | 17 | 23 | 26 | 26 | |
Total Liabilities | 37 | 43 | 45 | 49 | 57 | 65 | 67 | 86 | 106 | 116 | 129 | 131 | 133 |
15 | 21 | 21 | 24 | 34 | 43 | 52 | 52 | 74 | 82 | 80 | 74 | 71 | |
CWIP | 5 | 3 | 6 | 6 | 7 | 6 | 1 | 14 | 3 | 7 | 16 | 19 | 24 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
17 | 19 | 18 | 19 | 16 | 17 | 15 | 20 | 29 | 28 | 33 | 38 | 38 | |
Total Assets | 37 | 43 | 45 | 49 | 57 | 65 | 67 | 86 | 106 | 116 | 129 | 131 | 133 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 3 | 5 | 5 | 9 | 10 | 11 | 12 | 7 | 15 | 10 | 6 | |
-7 | -6 | -4 | -5 | -13 | -10 | -7 | -17 | -16 | -17 | -13 | -3 | |
0 | 2 | -1 | -0 | 3 | 0 | -4 | 5 | 8 | 2 | 3 | -3 | |
Net Cash Flow | 0 | 0 | 0 | 0 | -1 | 0 | 0 | -0 | -0 | -0 | 0 | -0 |
Ratios
Figures in Rs. Crores
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 | 30 | 27 | 35 | 24 | 22 | 24 | 22 | 26 | 29 | 24 | 21 | 26 |
Inventory Days | 106 | 95 | 56 | 63 | 62 | 68 | 51 | 104 | 174 | 173 | 166 | 145 |
Days Payable | 29 | 33 | 40 | 33 | 21 | 41 | 34 | 46 | 54 | 37 | 85 | 79 |
Cash Conversion Cycle | 107 | 88 | 51 | 54 | 63 | 51 | 39 | 84 | 149 | 160 | 102 | 92 |
Working Capital Days | 75 | 71 | 57 | 50 | 28 | 18 | 16 | 21 | 52 | 59 | 66 | 67 |
ROCE % | 11% | 10% | 5% | 8% | 10% | 13% | 16% | 22% | 16% | 10% | 4% | 3% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr
-
Compliance Certificate For The Year Ended 31St March, 2024
10 Apr - Listing obligation and Disclosure requirements) Regulations, 2015 please find herewith enclosed certificate dated 7th April, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Depositories and Participants) Regulations, 2018. we are enclosing herewith a copy of the certificate received from M/s Abhipra Capital limited, the Registrar and share transfer …
- Shareholder Meeting / Postal Ballot-Outcome of AGM 6 Apr
- Closure of Trading Window 30 Mar
Annual reports
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Financial Year 2023
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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