Kesar India Ltd

Kesar India Ltd

₹ 891 4.99%
21 Jun - close price
About

Incorporated in 2002, Kesar Lands Ltd is
in the business of real estate development and constructing residential and commercial projects, industrial buildings, factory buildings, workshop buildings, etc. All the projects are marketed under the brand name, "Kesar Lands".

Key Points

Business Overview:[1]
Kesar Lands is a real estate development
company that focuses on leisure & luxury
family residential and commercial projects. The company is ISO–9001:2008 certified and
is a member of the Confederation of Real Estate Developers’ Associations of India (CREDAI), Indian Green Building Council (IGBC) & Builders Association of India (BAI)

  • Market Cap 2,203 Cr.
  • Current Price 891
  • High / Low 952 / 24.4
  • Stock P/E 219
  • Book Value 11.8
  • Dividend Yield 0.00 %
  • ROCE 66.6 %
  • ROE 52.5 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 299% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 46.4%
  • Promoter holding has increased by 4.01% over last quarter.
  • Company's working capital requirements have reduced from 160 days to 89.5 days

Cons

  • Stock is trading at 75.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* 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: Realty Industry: Construction

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
-7 1 14 21 31
-10 2 12 13 26
Operating Profit 4 -1 2 9 5
OPM % -144% 15% 40% 17%
0 0 0 0 0
Interest 0 0 0 0 0
Depreciation -0 0 0 0 0
Profit before tax 4 -1 2 9 5
Tax % 29% 0% 13% 25% 33%
3 -1 2 6 4
EPS in Rs 142.50 -0.49 0.80 2.63 1.44
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 0 1 8 15 53
0 1 1 4 14 39
Operating Profit 0 -0 0 5 1 14
OPM % 21% -6% 0% 55% 7% 27%
0 0 0 1 0 1
Interest 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0
Profit before tax 0 0 0 5 1 14
Tax % 50% 25% 50% 28% 27% 28%
0 0 0 4 1 10
EPS in Rs 0.50 2.00 0.50 181.50 0.32 4.07
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 208%
3 Years: 257%
TTM: 246%
Compounded Profit Growth
10 Years: %
5 Years: 299%
3 Years: 902%
TTM: 1191%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 2973%
Return on Equity
10 Years: %
5 Years: %
3 Years: 46%
Last Year: 53%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0 0 0 0 4 25
Reserves -1 -1 -1 3 16 5
2 2 3 2 2 22
1 1 2 4 10 48
Total Liabilities 2 2 4 9 32 99
0 0 1 1 1 1
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 0 2
2 2 3 8 31 96
Total Assets 2 2 4 9 32 99

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 0 1 2 -10 9
-0 -0 -1 1 0 -1
-0 -0 1 0 15 19
Net Cash Flow 0 0 0 3 6 27

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 115 46 19 77 37
Inventory Days 520 438
Days Payable 6 0
Cash Conversion Cycle 115 46 19 592 476
Working Capital Days 2,670 958 271 82 310
ROCE % 3% 1% 147% 9%

Shareholding Pattern

Numbers in percentages

Sep 2022Mar 2023Sep 2023Mar 2024
74.60% 74.98% 74.98% 74.99%
0.00% 12.55% 15.70% 18.62%
25.41% 12.46% 9.30% 6.39%
No. of Shareholders 201197140111

* 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.

Click on the line-items to see the names of individual entities.

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