Kranti Industries Ltd

Kranti Industrie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kranti Industries Ltd

₹ 75.2 -1.71%
23 Apr 4:01 p.m.
krantiindustries.com BSE: 542459
About

Incorporated in 2019, Kranti Industries Limited is a precision machining company in the auto ancillary and allied sectors[1]

Key Points

Business Overview:[1][2]
Company is an OEM supplier of all types
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.

Website BSE
  • Market Cap ₹ 85.8 Cr.
  • Current Price ₹ 75.2
  • High / Low ₹ 113 / 69.6
  • Stock P/E 138
  • Book Value ₹ 29.1
  • Dividend Yield 0.00 %
  • ROCE 10.1 %
  • ROE 8.60 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 2.59 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 5.76% over last 3 years.
  • Promoter holding has decreased over last 3 years: -5.13%

* 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

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
18.36 20.45 19.03 24.99 25.59 22.23 23.75 24.31 21.21 22.13 23.25 19.20 19.14
16.78 17.68 17.18 22.77 22.94 20.55 20.78 21.66 19.16 20.67 20.84 16.07 17.18
Operating Profit 1.58 2.77 1.85 2.22 2.65 1.68 2.97 2.65 2.05 1.46 2.41 3.13 1.96
OPM % 8.61% 13.55% 9.72% 8.88% 10.36% 7.56% 12.51% 10.90% 9.67% 6.60% 10.37% 16.30% 10.24%
0.00 0.40 0.06 0.03 0.04 0.05 0.02 0.01 -0.07 0.17 0.17 -0.12 0.04
Interest 0.43 0.40 0.43 0.42 0.52 0.62 0.62 0.63 0.57 0.44 0.74 0.78 0.73
Depreciation 0.97 1.00 0.89 0.94 1.02 1.04 0.95 0.96 0.96 1.05 1.30 1.50 1.57
Profit before tax 0.18 1.77 0.59 0.89 1.15 0.07 1.42 1.07 0.45 0.14 0.54 0.73 -0.30
Tax % -33.33% -20.90% 0.00% 0.00% 50.43% 14.29% 26.76% 38.32% 8.89% 121.43% 29.63% 8.22% -30.00%
0.23 2.13 0.59 0.88 0.58 0.06 1.03 0.65 0.41 -0.03 0.38 0.66 -0.39
EPS in Rs 0.22 2.01 0.56 0.83 0.55 0.06 0.98 0.62 0.39 -0.03 0.36 0.58 -0.34
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
41.56 30.62 35.25 34.43 25.54 24.26 42.10 57.88 47.55 54.01 91.77 91.40 83.72
39.65 25.90 27.89 28.16 20.85 20.38 36.80 50.60 44.39 49.41 83.34 82.27 74.76
Operating Profit 1.91 4.72 7.36 6.27 4.69 3.88 5.30 7.28 3.16 4.60 8.43 9.13 8.96
OPM % 4.60% 15.41% 20.88% 18.21% 18.36% 15.99% 12.59% 12.58% 6.65% 8.52% 9.19% 9.99% 10.70%
0.00 0.00 0.26 0.88 0.35 0.45 0.09 0.45 0.24 0.42 0.17 0.13 0.26
Interest 0.00 0.00 3.23 3.24 2.20 2.17 2.02 2.16 1.56 1.65 2.00 2.26 2.69
Depreciation 0.00 4.00 3.91 3.61 3.08 2.83 2.53 2.66 2.82 3.49 3.90 3.92 5.42
Profit before tax 1.91 0.72 0.48 0.30 -0.24 -0.67 0.84 2.91 -0.98 -0.12 2.70 3.08 1.11
Tax % -21.47% 48.61% 14.58% 30.00% -20.83% 5.97% -30.95% 30.58% 26.53% 50.00% 21.85% 32.79%
2.32 0.37 0.41 0.20 -0.29 -0.63 1.10 2.02 -0.72 -0.06 2.10 2.06 0.62
EPS in Rs 46.40 7.40 8.20 3.33 -0.34 -0.74 1.29 1.91 -0.68 -0.06 1.99 1.95 0.57
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: 12%
5 Years: 17%
3 Years: 24%
TTM: -9%
Compounded Profit Growth
10 Years: 18%
5 Years: 13%
3 Years: 61%
TTM: -71%
Stock Price CAGR
10 Years: %
5 Years: 20%
3 Years: 62%
1 Year: 0%
Return on Equity
10 Years: 3%
5 Years: 5%
3 Years: 6%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 4.00 4.00 4.00 4.70 7.05 7.05 7.05 8.80 8.80 8.80 10.56 10.56 11.41
Reserves 5.98 6.34 6.76 8.36 5.72 5.01 6.12 11.57 10.85 11.37 11.66 13.75 21.77
26.93 27.92 26.55 22.48 21.81 19.91 18.35 16.63 20.63 23.43 24.77 32.44 33.31
5.07 3.12 3.29 5.37 4.10 6.60 8.80 6.87 8.37 13.45 12.15 13.60 16.08
Total Liabilities 41.98 41.38 40.60 40.91 38.68 38.57 40.32 43.87 48.65 57.05 59.14 70.35 82.57
32.43 29.08 28.71 23.92 22.64 20.80 19.27 21.85 31.73 33.40 36.17 44.65 49.48
CWIP 0.03 0.00 0.06 0.00 0.00 0.00 0.06 0.55 0.01 0.98 4.29 2.77 0.07
Investments 0.08 2.85 2.85 2.85 2.85 2.85 2.85 3.00 3.59 3.14 3.36 3.35 4.40
9.44 9.45 8.98 14.14 13.19 14.92 18.14 18.47 13.32 19.53 15.32 19.58 28.62
Total Assets 41.98 41.38 40.60 40.91 38.68 38.57 40.32 43.87 48.65 57.05 59.14 70.35 82.57

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 0.00 4.35 5.49 3.95 4.57 5.45 6.83 4.07 8.20 5.37
0.00 0.00 0.00 0.07 -2.85 0.08 -0.94 -5.91 -11.63 -4.10 -5.54 -10.77
0.00 0.00 0.00 -5.22 -2.87 -4.07 -3.58 1.82 3.41 0.96 -4.24 5.41
Net Cash Flow 0.00 0.00 0.00 -0.79 -0.22 -0.04 0.05 1.37 -1.40 0.93 -1.58 0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 34.16 35.40 41.73 86.72 65.60 90.72 74.56 45.66 26.18 57.85 24.22 33.43
Inventory Days 19.28 17.45 36.99 36.86 107.15 167.67 96.26 57.64 88.96 86.20 49.40 55.31
Days Payable 8.66 5.91 11.55 40.51 59.84 146.14 104.45 41.03 82.91 115.01 50.30 60.10
Cash Conversion Cycle 44.79 46.94 67.18 83.07 112.91 112.26 66.37 62.27 32.23 29.04 23.32 28.64
Working Capital Days 19.76 13.83 26.20 49.61 47.45 41.22 34.94 34.12 13.51 31.56 15.15 27.47
ROCE % 6.11% 1.92% 9.82% 8.29% 5.33% 4.27% 8.91% 13.72% 0.98% 2.86% 10.38% 10.12%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.23% 74.23% 74.23% 74.23% 74.23% 74.23% 74.33% 74.34% 74.34% 68.86% 68.89% 69.03%
25.77% 25.77% 25.77% 25.77% 25.77% 25.76% 25.69% 25.66% 25.66% 31.14% 31.10% 30.98%
No. of Shareholders 2462619751,3421,9392,6552,8442,9723,3263,6303,6403,757

Documents

Announcements

Annual reports

DRHP

Concalls

  • Nov 2022
    Transcript
    Notes
    PPT
  • Nov 2022
    Transcript
    Notes
    PPT
  • Aug 2022
    Transcript
    Notes
    PPT
  • May 2022
    Transcript
    Notes
    PPT
  • Mar 2022
    Transcript
    Notes
    PPT