Kriti Nutrients Ltd

Kriti Nutrients Ltd

₹ 102 -0.92%
18 Apr - close price
About

Kriti Nutrients Ltd is part of the Kriti Group of companies. The Company is engaged in soybean processing, producing branded refined soybean oil and manufacturing value-added protein-based products that are used in specialised applications in the food and pharmaceutical sectors. [1]

Key Points

Product Ranges
Soya lecithin: Kriti produces various varieties of fluid Soy Lecithin and customised Soy Lecithin.
Soya Protein: Texturized Soy TVP / Chunks / Granules are manufactured by the company with the help of backward integration having control over the raw material.
Kriti Super HyPro Soybean Meal:(Defatted Toasted Soybean Meal)is manufactured from Indian NonGMO Soybeans
Other product includes Fatty Acids, Full Fat Soya, Defatted SoyFlour/Grits/ Flakes among others. [1]

  • Market Cap 511 Cr.
  • Current Price 102
  • High / Low 130 / 44.4
  • Stock P/E 12.1
  • Book Value 30.6
  • Dividend Yield 0.25 %
  • ROCE 19.5 %
  • ROE 17.0 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Dividend payout has been low at 6.45% of profits 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: Edible Oil Industry: Solvent Extraction

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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
175 201 160 155 239 200 194 200 222 181 212 133 167
170 198 157 152 231 193 190 193 211 172 194 121 148
Operating Profit 5 3 3 3 7 6 4 7 11 9 18 13 19
OPM % 3% 1% 2% 2% 3% 3% 2% 4% 5% 5% 9% 10% 11%
1 0 1 0 1 1 1 2 1 1 1 1 1
Interest 0 0 0 0 1 1 1 1 1 1 1 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 5 2 3 2 7 5 3 7 10 8 17 12 19
Tax % 24% 31% 25% 24% 25% 32% 32% 26% 22% 27% 27% 22% 24%
4 1 2 2 5 4 2 5 8 6 13 10 14
EPS in Rs 0.71 0.30 0.39 0.36 1.01 0.70 0.42 1.06 1.55 1.12 2.51 1.95 2.83
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
457 466 288 310 358 456 461 485 520 690 753 797 693
440 456 276 296 343 442 429 454 496 668 733 766 635
Operating Profit 17 10 12 14 15 14 31 31 24 22 19 31 59
OPM % 4% 2% 4% 5% 4% 3% 7% 6% 5% 3% 3% 4% 8%
1 1 1 2 1 3 2 1 3 2 3 4 4
Interest 10 6 5 5 5 5 5 2 2 1 2 4 2
Depreciation 2 3 3 2 2 2 3 3 3 3 4 4 4
Profit before tax 6 2 6 9 9 10 25 27 22 20 17 28 56
Tax % 31% 50% 36% 34% 31% 34% 37% 37% 15% 26% 27% 26%
4 1 4 6 6 6 16 17 19 15 12 21 42
EPS in Rs 0.79 0.21 0.71 1.15 1.26 1.26 3.15 3.38 3.79 3.01 2.46 4.15 8.41
Dividend Payout % 19% 29% 14% 9% 10% 10% 6% 5% 5% 6% 7% 6%
Compounded Sales Growth
10 Years: 6%
5 Years: 12%
3 Years: 15%
TTM: -15%
Compounded Profit Growth
10 Years: 35%
5 Years: 6%
3 Years: 3%
TTM: 126%
Stock Price CAGR
10 Years: 39%
5 Years: 28%
3 Years: 39%
1 Year: 113%
Return on Equity
10 Years: 20%
5 Years: 18%
3 Years: 15%
Last Year: 17%

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 5 5 5 5 5
Reserves 12 13 17 22 28 33 48 64 82 96 107 127 148
12 18 20 20 14 35 30 12 9 4 38 40 11
28 31 24 31 28 30 28 22 31 20 18 20 21
Total Liabilities 57 68 66 78 75 103 111 103 127 124 168 193 186
32 36 34 35 35 35 40 40 46 44 47 49 48
CWIP 0 0 0 0 0 0 0 0 0 3 5 6 8
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
25 32 31 43 41 68 70 63 81 77 115 138 129
Total Assets 57 68 66 78 75 103 111 103 127 124 168 193 186

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
57 7 4 6 12 -18 17 24 13 9 -11 20
-7 -4 0 -1 -1 -1 -5 -3 -6 1 -20 -3
-49 -3 -5 -5 -11 18 -11 -21 -9 -7 31 -1
Net Cash Flow -0 0 -0 -0 0 -0 1 0 -1 3 1 15

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 3 4 5 8 5 12 10 10 16 5 6 6
Inventory Days 9 16 29 36 29 35 33 24 26 22 28 33
Days Payable 16 20 22 26 18 16 9 9 5 4 4 3
Cash Conversion Cycle -4 -0 12 18 16 32 34 25 37 22 30 35
Working Capital Days -2 -1 8 15 14 33 37 29 31 24 41 41
ROCE % 31% 26% 27% 30% 29% 24% 39% 35% 27% 21% 15% 20%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.35% 66.36% 66.36% 66.37% 66.37% 66.37% 66.37% 66.37% 66.67% 66.67% 66.69% 66.69%
33.65% 33.63% 33.63% 33.63% 33.63% 33.63% 33.63% 33.62% 33.34% 33.33% 33.31% 33.32%
No. of Shareholders 17,55316,29216,20421,12421,56320,71420,35819,98519,73619,59219,13919,664

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