Shri Keshav Cements & Infra Ltd

Shri Keshav Cements & Infra Ltd

₹ 270 0.00%
01 Mar 1:58 p.m.
About

Shri Keshav Cement & Infra. Ltd. was incorporated in 1993 to manufacture ordinary Portland Cement. The company went public in 1995, and is engaged in the business of manufacturing and trading in cements, trading in coal, trading in petroleum products and in the business of generation and distribution of solar energy. [1] [2]

Key Points

Revenue Break-up FY20
Cement business contributed 76%
Co. is also has dealership selling Petrol and Diesel - 12%
Solar Energy generation and Sale - 10% [1]

  • Market Cap 433 Cr.
  • Current Price 270
  • High / Low 319 / 114
  • Stock P/E
  • Book Value 48.7
  • Dividend Yield 0.00 %
  • ROCE 10.7 %
  • ROE 8.28 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.54 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -7.97%
  • Company has a low return on equity of 5.16% 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.

Peer comparison

Sector: Cement Industry: Cement - South India

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
22.93 25.67 26.72 22.74 27.97 36.36 32.57 24.45 34.30 31.92 31.27 25.15 34.01
17.17 16.54 17.16 16.42 19.37 26.06 23.93 15.88 24.53 23.92 21.46 17.82 22.95
Operating Profit 5.76 9.13 9.56 6.32 8.60 10.30 8.64 8.57 9.77 8.00 9.81 7.33 11.06
OPM % 25.12% 35.57% 35.78% 27.79% 30.75% 28.33% 26.53% 35.05% 28.48% 25.06% 31.37% 29.15% 32.52%
0.04 0.16 0.02 0.93 0.91 0.45 0.73 0.39 0.51 0.50 0.47 0.61 0.63
Interest 3.97 4.88 3.80 4.34 4.41 6.01 3.22 3.67 4.80 7.05 4.31 4.42 4.41
Depreciation 3.97 3.58 3.33 3.37 3.38 0.99 3.19 3.22 3.22 2.68 2.97 3.00 3.01
Profit before tax -2.14 0.83 2.45 -0.46 1.72 3.75 2.96 2.07 2.26 -1.23 3.00 0.52 4.27
Tax % -23.36% 190.36% -112.24% 30.43% 6.98% 30.13% -793.92% 43.00% 38.50% -2,021.95% 11.00% 86.54% 7.03%
-2.64 -0.75 5.20 -0.33 1.61 2.62 26.45 1.17 1.39 -26.10 2.67 0.07 3.97
EPS in Rs -2.20 -0.63 4.33 -0.28 1.34 2.18 22.05 0.98 1.16 -21.76 1.72 0.05 2.53
Raw PDF

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
39 50 48 51 55 52 52 70 68 80 114 123 122
29 38 37 40 43 36 45 45 41 54 78 88 86
Operating Profit 11 12 11 11 13 15 7 25 27 26 35 35 36
OPM % 27% 23% 22% 22% 23% 30% 14% 36% 39% 33% 31% 28% 30%
0 0 0 0 0 1 0 0 0 0 2 2 2
Interest 6 5 5 4 3 8 1 18 17 16 19 19 20
Depreciation 3 3 3 3 3 4 7 12 12 16 11 12 12
Profit before tax 2 4 3 4 6 3 0 -4 -2 -6 7 6 7
Tax % 46% 52% 52% 31% 33% 43% 714% -359% -309% -47% -22% 52%
1 2 2 3 4 2 -2 -20 -8 -8 9 3 -19
EPS in Rs 1.02 1.47 1.35 2.42 3.52 1.47 -1.43 -16.88 -6.37 -7.04 7.59 2.43 -17.46
Dividend Payout % 0% 29% 0% 0% 12% 29% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 19%
3 Years: 22%
TTM: -4%
Compounded Profit Growth
10 Years: 5%
5 Years: 30%
3 Years: 34%
TTM: -161%
Stock Price CAGR
10 Years: 33%
5 Years: 46%
3 Years: 98%
1 Year: 131%
Return on Equity
10 Years: -9%
5 Years: -27%
3 Years: 5%
Last Year: 8%

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 5 5 5 5 5 5 5 5 12 12 12 12 15
Reserves 5 7 9 12 15 15 16 -4 9 1 10 37 61
45 44 40 34 27 63 162 183 158 178 216 180 178
9 8 9 9 12 20 47 40 40 41 36 46 50
Total Liabilities 63 64 63 60 59 104 230 224 219 232 274 275 304
43 43 43 42 39 77 91 189 176 179 169 204 198
CWIP 0 0 0 0 8 0 104 1 6 6 47 9 21
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
21 21 20 18 12 27 34 34 37 47 58 62 85
Total Assets 63 64 63 60 59 104 230 224 219 232 274 275 304

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 5 8 8 14 5 -10 8 22 21 23 33
-4 -4 -4 -1 -8 -35 -89 -6 -6 -19 -48 -11
-1 0 -4 -6 -6 41 80 -6 -17 11 36 -32
Net Cash Flow -0 1 -1 0 -0 11 -19 -4 -1 12 11 -10

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 16 15 13 16 6 23 42 58 51 19 18 12
Inventory Days 272 187 252 190 90 217 222 194 244 221 158 146
Days Payable 80 18 28 7 30 79 30 64 84 40 10 25
Cash Conversion Cycle 208 184 237 200 67 161 233 188 212 201 166 134
Working Capital Days 115 105 108 91 28 21 -127 -2 39 118 122 103
ROCE % 15% 17% 15% 16% 20% 17% 1% 8% 9% 6% 12% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Feb 2024
73.03% 73.03% 73.03% 73.03% 73.03% 73.04% 73.04% 73.04% 68.97% 68.97% 68.97% 60.99%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.43%
26.97% 26.97% 26.97% 26.97% 26.97% 26.97% 26.97% 26.96% 31.03% 31.04% 31.04% 34.60%
No. of Shareholders 5,3385,4015,3995,4305,4425,6095,6245,6745,5075,4994,5124,600

* 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.

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Documents

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