Kalyani Commercials Ltd
Incorporated in 1985, Kalyani Commercials Ltd deals in trading of heavy commercial vehicles and servicing petroleum dealership[1]
- Market Cap ₹ 13.8 Cr.
- Current Price ₹ 138
- High / Low ₹ 138 / 119
- Stock P/E 5.71
- Book Value ₹ 133
- Dividend Yield 0.00 %
- ROCE 11.5 %
- ROE 20.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.04 times its book value
- Company's working capital requirements have reduced from 19.0 days to 10.1 days
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 -12.4% over past five years.
- Contingent liabilities of Rs.13.3 Cr.
- Debtor days have increased from 27.8 to 53.6 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|
| 524 | 446 | 706 | 901 | 641 | 226 | 229 | |
| 518 | 440 | 694 | 880 | 623 | 219 | 225 | |
| Operating Profit | 6 | 6 | 12 | 21 | 17 | 8 | 4 |
| OPM % | 1% | 1% | 2% | 2% | 3% | 3% | 2% |
| 0 | 1 | 0 | 0 | 1 | 0 | 0 | |
| Interest | 5 | 6 | 10 | 18 | 13 | 3 | 2 |
| Depreciation | 1 | 1 | 2 | 2 | 5 | 2 | 0 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Tax % | 32% | 32% | 35% | 24% | 40% | 22% | 41% |
| 1 | 1 | 1 | 1 | 1 | 2 | 2 | |
| EPS in Rs | 6.20 | 5.50 | 5.80 | 7.10 | 6.90 | 18.00 | 22.90 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -12% |
| 3 Years: | -37% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 47% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 15% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 5 | 6 | 6 | 7 | 8 | 10 | 12 |
| 45 | 51 | 174 | 158 | 21 | 32 | 23 | |
| 18 | 31 | 13 | 30 | 4 | 52 | 35 | |
| Total Liabilities | 69 | 88 | 194 | 197 | 34 | 95 | 71 |
| 7 | 7 | 9 | 13 | 6 | 4 | 4 | |
| CWIP | 0 | 2 | 4 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 4 | 6 | 3 |
| 63 | 79 | 180 | 183 | 24 | 85 | 64 | |
| Total Assets | 69 | 88 | 194 | 197 | 34 | 95 | 71 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|
| -2 | 1 | 3 | 27 | 44 | 3 | -1 | |
| -1 | -5 | -6 | 4 | 1 | -4 | 4 | |
| 0 | 4 | 4 | -32 | -45 | 9 | -12 | |
| Net Cash Flow | -2 | 0 | 2 | -1 | -1 | 8 | -9 |
| Free Cash Flow | -2 | -2 | -3 | 26 | 45 | 3 | 0 |
| CFO/OP | -20% | 27% | 30% | 132% | 255% | 40% | -8% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 47 | 35 | 27 | 8 | 22 | 54 |
| Inventory Days | 15 | 13 | 44 | 40 | 4 | 98 | 43 |
| Days Payable | 10 | 16 | 2 | 7 | 1 | 34 | 54 |
| Cash Conversion Cycle | 32 | 44 | 77 | 60 | 11 | 86 | 43 |
| Working Capital Days | -2 | -2 | -2 | -0 | 3 | 44 | 10 |
| ROCE % | 12% | 9% | 11% | 13% | 15% | 12% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Commercial Vehicles Purchased Units ・Standalone data |
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| Commercial Vehicles Sold Units ・Standalone data |
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| High Speed Diesel (HSD) Sold Liters ・Standalone data |
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| Motor Spirit (MS) Sold Liters ・Standalone data |
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| Three Wheelers Sold Units ・Standalone data |
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| Total Number of Permanent Employees Numbers ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
17 June 2026 - Kalyani Commercials Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Copy of Newspaper Publication
30 May 2026 - Published standalone audited results for quarter and year ended 31 March 2026; board approved on 28 May 2026.
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Outcome of Board Meeting
28 May 2026 - Q4/FY26 audited results: revenue ₹589.40 crore, net profit ₹2.67 crore; unmodified auditor opinion.
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Structural Digital Database
27 May 2026 - Submitted SDD compliance certificate for FY ended 31 March 2026; four UPSI events captured, no non-compliance.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 April 2026 - Submitted Regulation 74(5) depository certificate for quarter and year ended 31 March 2026.
History[1]
The company was originally registered as a Non-Systemically Important, Non-Deposit Accepting NBFC. However, it strategically applied to surrender its NBFC status on 28th June 2019. The Reserve Bank of India (RBI) approved this application on 22nd May 2023, officially ending the company’s operations as an NBFC.