Kranti Industries Ltd
₹ 108
-1.81%
07 May
4:01 p.m.
About
Incorporated in 2019, Kranti Industries Limited is a precision machining company in the auto ancillary and allied sectors[1]
Key Points
- Market Cap ₹ 137 Cr.
- Current Price ₹ 108
- High / Low ₹ 116 / 59.0
- Stock P/E
- Book Value ₹ 28.7
- Dividend Yield 0.00 %
- ROCE 6.65 %
- ROE 2.69 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.74 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: -6.04%
- The company has delivered a poor sales growth of 7.13% over past five years.
- Company has a low return on equity of 6.67% over last 3 years.
- Debtor days have increased from 39.3 to 60.4 days.
* 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: Auto Ancillaries Industry: Auto Ancillaries
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30.62 | 35.25 | 34.43 | 25.54 | 24.26 | 42.10 | 57.88 | 47.55 | 54.01 | 91.77 | 91.40 | 81.66 | 73.99 | |
| 25.90 | 27.89 | 28.16 | 20.85 | 20.38 | 36.80 | 50.60 | 44.39 | 49.41 | 83.34 | 82.27 | 71.63 | 66.09 | |
| Operating Profit | 4.72 | 7.36 | 6.27 | 4.69 | 3.88 | 5.30 | 7.28 | 3.16 | 4.60 | 8.43 | 9.13 | 10.03 | 7.90 |
| OPM % | 15.41% | 20.88% | 18.21% | 18.36% | 15.99% | 12.59% | 12.58% | 6.65% | 8.52% | 9.19% | 9.99% | 12.28% | 10.68% |
| 0.00 | 0.26 | 0.88 | 0.35 | 0.45 | 0.09 | 0.45 | 0.24 | 0.42 | 0.17 | 0.13 | 0.21 | 0.59 | |
| Interest | 0.00 | 3.23 | 3.24 | 2.20 | 2.17 | 2.02 | 2.16 | 1.56 | 1.65 | 2.00 | 2.26 | 3.05 | 3.22 |
| Depreciation | 4.00 | 3.91 | 3.61 | 3.08 | 2.83 | 2.53 | 2.66 | 2.82 | 3.49 | 3.90 | 3.92 | 6.13 | 6.31 |
| Profit before tax | 0.72 | 0.48 | 0.30 | -0.24 | -0.67 | 0.84 | 2.91 | -0.98 | -0.12 | 2.70 | 3.08 | 1.06 | -1.04 |
| Tax % | 48.61% | 14.58% | 30.00% | 20.83% | -5.97% | -30.95% | 30.58% | -26.53% | -50.00% | 21.85% | 32.79% | 28.30% | |
| 0.37 | 0.41 | 0.20 | -0.29 | -0.63 | 1.10 | 2.02 | -0.72 | -0.06 | 2.10 | 2.06 | 0.76 | -0.65 | |
| EPS in Rs | 7.40 | 8.20 | 3.33 | -0.34 | -0.74 | 1.29 | 1.91 | -0.68 | -0.06 | 1.99 | 1.95 | 0.67 | -0.56 |
| 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: | 9% |
| 5 Years: | 7% |
| 3 Years: | 15% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -15% |
| 3 Years: | 58% |
| TTM: | -205% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 48% |
| 3 Years: | 19% |
| 1 Year: | 50% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 7% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.00 | 4.00 | 4.70 | 7.05 | 7.05 | 7.05 | 8.80 | 8.80 | 8.80 | 10.56 | 10.56 | 11.41 | 11.41 |
| Reserves | 6.34 | 6.76 | 8.36 | 5.72 | 5.01 | 6.12 | 11.57 | 10.85 | 11.37 | 11.66 | 13.75 | 21.47 | 21.36 |
| 27.92 | 26.55 | 22.48 | 21.81 | 19.91 | 18.35 | 16.63 | 20.63 | 23.43 | 24.77 | 32.44 | 34.67 | 38.99 | |
| 3.12 | 3.29 | 5.37 | 4.10 | 6.60 | 8.80 | 6.87 | 8.37 | 13.45 | 12.15 | 13.60 | 15.88 | 17.07 | |
| Total Liabilities | 41.38 | 40.60 | 40.91 | 38.68 | 38.57 | 40.32 | 43.87 | 48.65 | 57.05 | 59.14 | 70.35 | 83.43 | 88.83 |
| 29.08 | 28.71 | 23.92 | 22.64 | 20.80 | 19.27 | 21.85 | 31.73 | 33.40 | 36.17 | 44.65 | 47.67 | 51.06 | |
| CWIP | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | 0.06 | 0.55 | 0.01 | 0.98 | 4.29 | 2.77 | 0.07 | 0.07 |
| Investments | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 3.00 | 3.59 | 3.14 | 3.36 | 3.35 | 4.40 | 4.40 |
| 9.45 | 8.98 | 14.14 | 13.19 | 14.92 | 18.14 | 18.47 | 13.32 | 19.53 | 15.32 | 19.58 | 31.29 | 33.30 | |
| Total Assets | 41.38 | 40.60 | 40.91 | 38.68 | 38.57 | 40.32 | 43.87 | 48.65 | 57.05 | 59.14 | 70.35 | 83.43 | 88.83 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 4.35 | 5.49 | 3.95 | 4.57 | 5.45 | 6.83 | 4.07 | 8.20 | 5.37 | 0.29 | |
| 0.00 | 0.00 | 0.07 | -2.85 | 0.08 | -0.94 | -5.91 | -11.63 | -4.10 | -5.54 | -10.77 | -7.29 | |
| 0.00 | 0.00 | -5.22 | -2.87 | -4.07 | -3.58 | 1.82 | 3.41 | 0.96 | -4.24 | 5.41 | 7.01 | |
| Net Cash Flow | 0.00 | 0.00 | -0.79 | -0.22 | -0.04 | 0.05 | 1.37 | -1.40 | 0.93 | -1.58 | 0.00 | 0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 35.40 | 41.73 | 86.72 | 65.60 | 90.72 | 74.56 | 45.66 | 26.18 | 57.85 | 24.22 | 33.43 | 60.39 |
| Inventory Days | 17.45 | 36.99 | 36.86 | 107.15 | 167.67 | 96.26 | 57.64 | 88.96 | 86.20 | 49.40 | 55.31 | 88.21 |
| Days Payable | 5.91 | 11.55 | 40.51 | 59.84 | 146.14 | 104.45 | 41.03 | 82.91 | 115.01 | 50.30 | 60.10 | 64.94 |
| Cash Conversion Cycle | 46.94 | 67.18 | 83.07 | 112.91 | 112.26 | 66.37 | 62.27 | 32.23 | 29.04 | 23.32 | 28.64 | 83.65 |
| Working Capital Days | 13.83 | 26.20 | 49.61 | 47.45 | 41.22 | 34.94 | 34.12 | 13.51 | 31.56 | 15.15 | 27.47 | 53.77 |
| ROCE % | 1.92% | 9.82% | 8.29% | 5.33% | 4.27% | 8.91% | 13.72% | 0.98% | 2.86% | 10.38% | 10.12% | 6.65% |
Documents
Announcements
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Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
2d - Incomplete acquisition announcement with no substantive details provided.
-
Disclosure Under Regulation 29(1) Of SEBI (Substantial Acquisition Of Shares And Takeover) Regulations, 2011
3 May - Evolution Capital acquires 2.5 lakh shares via warrant conversion, raising stake to 13.07% in Kranti Industries.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
3 May - Kranti Industries receives ₹6.84 Cr sample order from Bonfiglioli for heavy-duty gearbox parts.
-
Announcement under Regulation 30 (LODR)-Conversion of Securities
29 Apr - Allotment of 2.5 lakh shares at ₹80 each via warrant conversion, increasing paid-up capital to ₹12.76 Cr.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On April 29, 2025
29 Apr - Allotment of 2.5 lakh equity shares at ₹80 each to Evolution Capital, raising ₹1.5 crore.
Annual reports
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Financial Year 2024
from bse
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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
from bse
Business Overview:[1][2]
Company is an OEM supplier of Critical Machined Components to Indian and global automobile companies. It manufactures machines casting for transmission, axles, chassis, engines, and other parts for the automotive industry including electric vehicles.