KG Petrochem Ltd

KG Petrochem Ltd

₹ 225 6.25%
18 Apr - close price
About

Incorporated in 1980, KG Petrochem manufactures Textiles, Garments, and does distribution of Polymers[1]

Key Points

Business Overview:[1]
KGPL operates in 2 segments viz. manufacturing of terry towels/made ups & artificial leather and as a consignment stockist of GAIL Ltd for polymers for Rajasthan region.

  • Market Cap 118 Cr.
  • Current Price 225
  • High / Low 241 / 185
  • Stock P/E
  • Book Value 329
  • Dividend Yield 0.00 %
  • ROCE 7.07 %
  • ROE 4.65 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.68 times its book value

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 5.95% over past five years.
  • Company has a low return on equity of 8.88% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.5.06 Cr.

* 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: Textiles Industry: Textiles - Products

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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
82.83 122.91 79.04 74.57 86.52 113.64 76.49 74.43 71.82 80.62 84.21 71.14 70.21
67.38 117.61 57.80 65.77 78.78 114.77 66.62 66.45 62.22 81.61 81.65 68.57 63.73
Operating Profit 15.45 5.30 21.24 8.80 7.74 -1.13 9.87 7.98 9.60 -0.99 2.56 2.57 6.48
OPM % 18.65% 4.31% 26.87% 11.80% 8.95% -0.99% 12.90% 10.72% 13.37% -1.23% 3.04% 3.61% 9.23%
1.21 5.23 0.80 4.40 2.40 4.16 1.88 0.67 1.85 1.77 1.20 1.03 1.06
Interest 0.94 4.41 1.79 1.76 2.27 2.24 1.78 3.53 1.51 2.84 1.78 1.55 1.58
Depreciation 4.56 4.41 4.44 4.32 4.25 4.20 3.20 2.88 2.88 2.81 2.82 2.90 3.12
Profit before tax 11.16 1.71 15.81 7.12 3.62 -3.41 6.77 2.24 7.06 -4.87 -0.84 -0.85 2.84
Tax % 28.14% 11.11% 25.87% 24.86% 35.91% 42.52% 35.30% 44.64% 22.10% 32.03% -17.86% -38.82% 21.13%
8.02 1.52 11.71 5.35 2.32 -1.95 4.39 1.23 5.49 -3.32 -0.99 -1.19 2.25
EPS in Rs 15.36 2.91 22.43 10.25 4.44 -3.73 8.41 2.36 10.52 -6.36 -1.90 -2.28 4.31
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
97 121 151 186 214 226 227 249 329 298 354 303 306
82 107 131 165 187 195 203 218 285 261 317 277 296
Operating Profit 15 15 20 21 27 32 24 32 44 38 37 26 11
OPM % 15% 12% 13% 11% 13% 14% 11% 13% 13% 13% 10% 9% 3%
1 3 3 5 4 5 6 8 4 8 12 6 5
Interest 6 6 6 9 8 6 5 7 10 8 8 10 8
Depreciation 7 7 7 12 14 15 16 17 18 17 17 12 12
Profit before tax 4 5 10 5 10 16 10 15 21 21 23 11 -4
Tax % 32% 32% 31% 60% 6% 38% 20% 43% 15% 27% 25% 30%
3 3 7 2 9 10 8 9 17 16 17 8 -3
EPS in Rs 4.81 6.40 13.12 4.00 17.76 19.19 14.96 16.66 33.46 30.03 33.40 14.92 -6.23
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 6%
3 Years: -3%
TTM: -9%
Compounded Profit Growth
10 Years: 9%
5 Years: 0%
3 Years: -28%
TTM: -135%
Stock Price CAGR
10 Years: 22%
5 Years: 23%
3 Years: 4%
1 Year: 15%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 9%
Last Year: 5%

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 6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 15 18 25 27 41 45 53 107 125 140 158 166 164
57 59 76 108 107 114 125 129 144 128 138 116 107
14 23 22 26 26 37 44 75 66 68 81 78 75
Total Liabilities 92 106 129 168 180 202 229 317 340 342 383 366 351
49 47 63 99 92 84 71 145 156 149 143 137 134
CWIP 0 0 7 2 0 1 33 11 3 4 0 8 9
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
43 59 59 67 88 117 125 160 181 189 239 221 208
Total Assets 92 106 129 168 180 202 229 317 340 342 383 366 351

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
11 6 18 8 16 27 24 25 31 24 33 38
-4 -5 -30 -42 -4 -6 -33 -23 -18 -10 -7 -13
-7 -1 14 33 -12 -16 4 -2 -13 -13 -21 -32
Net Cash Flow -0 0 2 -1 -0 5 -5 0 -0 1 6 -6

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 65 93 62 41 87 95 118 106 80 110 91 123
Inventory Days 156 108 85 112 72 147 106 223 162 157 189 210
Days Payable 22 31 38 21 28 49 53 138 74 79 95 124
Cash Conversion Cycle 198 170 109 132 131 194 171 191 168 188 185 209
Working Capital Days 93 97 77 78 95 120 128 126 123 155 161 178
ROCE % 12% 14% 17% 11% 12% 14% 9% 10% 14% 11% 11% 7%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.66% 74.66% 74.66% 74.66% 74.66% 74.66% 74.66% 74.66% 74.66% 74.66% 74.66% 74.66%
25.34% 25.34% 25.34% 25.34% 25.34% 25.34% 25.35% 25.35% 25.35% 25.34% 25.34% 25.35%
No. of Shareholders 617659640643696735752775776758749721

Documents