Khandelwal Extractions Ltd

Khandelwal Extractions Ltd

₹ 78.0 -4.72%
10 Jun 3:06 p.m.
About

Incorporated in 1981, Khandelwal Extractions Ltd manufactures and sells solvent oil[1]

Key Points

Product Profile:[1]
a) Rice bran Oil
b) Oil Machine Plant
c) Rice Bran Extraction Machine
d) Rice Bran Solvent Extraction Plant
e) Solvent Oil
f) Solvent Rice Bran Oil
g) De Oiled Rice Bran Mustard Extraction
h) Mustard Solvent Oil

  • Market Cap 6.64 Cr.
  • Current Price 78.0
  • High / Low 119 / 62.2
  • Stock P/E 22.1
  • Book Value 34.4
  • Dividend Yield 0.00 %
  • ROCE 13.3 %
  • ROE 10.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company's working capital requirements have reduced from 93.3 days to 65.0 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 38.5%
  • Company has a low return on equity of 11.1% over last 3 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.00 0.00 0.18 0.00 0.00 0.19 0.19 0.20 0.20 0.20 0.22 0.17 0.14
0.45 0.12 0.13 0.12 0.13 0.11 0.12 0.11 0.11 0.12 0.13 0.12 0.11
Operating Profit -0.45 -0.12 0.05 -0.12 -0.13 0.08 0.07 0.09 0.09 0.08 0.09 0.05 0.03
OPM % 27.78% 42.11% 36.84% 45.00% 45.00% 40.00% 40.91% 29.41% 21.43%
0.21 0.22 0.05 0.19 0.25 0.05 0.04 0.06 0.07 0.05 0.04 0.05 0.04
Interest 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00
Profit before tax -0.27 0.08 0.08 0.05 0.10 0.11 0.09 0.13 0.14 0.11 0.12 0.09 0.07
Tax % 48.15% 0.00% 0.00% 0.00% 120.00% 0.00% 0.00% 0.00% 92.86% 0.00% 0.00% 0.00% 142.86%
-0.40 0.08 0.08 0.05 -0.01 0.11 0.09 0.13 0.01 0.12 0.12 0.09 -0.03
EPS in Rs -4.71 0.94 0.94 0.59 -0.12 1.29 1.06 1.53 0.12 1.41 1.41 1.06 -0.35
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
16.02 11.63 10.25 15.17 12.56 5.36 0.00 0.00 -0.23 0.00 0.78 0.73
15.73 12.09 10.29 14.56 13.06 5.82 0.58 0.41 0.77 0.48 0.46 0.49
Operating Profit 0.29 -0.46 -0.04 0.61 -0.50 -0.46 -0.58 -0.41 -1.00 -0.48 0.32 0.24
OPM % 1.81% -3.96% -0.39% 4.02% -3.98% -8.58% -10,000.00% 30.88% 41.03% 32.88%
0.42 0.33 0.24 0.24 0.24 0.24 0.19 0.17 1.53 0.88 0.23 0.19
Interest 0.24 0.33 0.27 0.27 0.40 0.23 0.11 0.07 0.07 0.06 0.05 0.01
Depreciation 0.03 0.03 0.04 0.04 0.05 0.05 0.05 0.05 0.03 0.03 0.03 0.03
Profit before tax 0.44 -0.49 -0.11 0.54 -0.71 -0.50 -0.55 -0.36 0.43 0.31 0.47 0.39
Tax % 31.82% -30.61% -27.27% 12.96% -12.68% -28.00% -21.82% -27.78% 30.23% 38.71% 27.66% 25.64%
0.30 -0.34 -0.08 0.47 -0.62 -0.35 -0.43 -0.25 0.30 0.19 0.34 0.30
EPS in Rs 3.53 -4.00 -0.94 5.53 -7.29 -4.12 -5.06 -2.94 3.53 2.24 4.00 3.53
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: -24%
5 Years: %
3 Years: %
TTM: -6%
Compounded Profit Growth
10 Years: 11%
5 Years: 22%
3 Years: 35%
TTM: -9%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 39%
1 Year: 30%
Return on Equity
10 Years: -4%
5 Years: -1%
3 Years: 11%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.88 0.88 0.88 0.88 0.88 0.88 0.88 0.88 0.88 0.88 0.88 0.88
Reserves 2.64 2.30 2.23 2.60 1.95 1.59 1.17 0.91 1.21 1.40 1.74 2.04
5.71 4.21 5.66 5.34 4.55 1.20 1.20 1.20 1.20 0.88 0.48 0.00
2.16 1.47 1.46 3.29 1.67 0.19 0.33 0.48 0.68 0.76 0.71 0.60
Total Liabilities 11.39 8.86 10.23 12.11 9.05 3.86 3.58 3.47 3.97 3.92 3.81 3.52
0.86 0.83 0.85 1.06 1.05 1.00 0.95 0.85 0.59 0.56 0.59 0.56
CWIP 0.00 0.00 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 0.11 0.00 0.00 0.00 0.00 0.00
10.53 8.03 9.38 11.05 8.00 2.86 2.52 2.62 3.38 3.36 3.22 2.96
Total Assets 11.39 8.86 10.23 12.11 9.05 3.86 3.58 3.47 3.97 3.92 3.81 3.52

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-3.24 1.61 -1.28 -0.03 1.97 3.28 -0.34 -0.25 -0.54 -0.39 0.19 0.29
0.40 0.28 0.17 -0.26 0.30 0.61 0.28 0.30 1.86 0.47 -0.26 -0.27
1.85 -1.94 1.18 -0.41 -2.27 -3.19 -0.11 0.04 -0.07 0.03 0.15 0.09
Net Cash Flow -0.99 -0.05 0.07 -0.71 0.00 0.70 -0.17 0.08 1.25 0.11 0.09 0.11

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 24.15 22.60 11.04 15.16 11.33 0.00 0.00 0.00 0.00
Inventory Days 200.73 193.10 319.60 249.99 171.49 7.38 0.00
Days Payable 36.77 23.81 35.71 66.54 22.37 4.92
Cash Conversion Cycle 188.11 191.89 294.93 198.61 160.46 2.46 0.00 0.00 0.00
Working Capital Days 185.01 190.19 259.60 160.97 132.23 32.01 618.91 121.67 65.00
ROCE % 8.47% -1.93% 1.98% 9.10% -3.83% -4.89% -12.72% -9.62% -18.15% 11.47% 16.29% 13.29%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
38.54% 38.54% 38.54% 38.54% 38.54% 38.54% 38.54% 38.54% 38.54% 38.54% 38.54% 38.54%
61.46% 61.46% 61.46% 61.46% 61.46% 61.46% 61.47% 61.47% 61.47% 61.47% 61.47% 61.46%
No. of Shareholders 2,1902,1962,2312,2162,2162,2062,2412,2912,2852,3262,4142,459

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