Kamdhenu Ltd

About [ edit ]

Kamdhenu Limited is engaged in manufacturing, distribution, marketing, branding of steel and paints with over 50 franchised units across India.

  • Market Cap 404 Cr.
  • Current Price 150
  • High / Low 167 / 47.6
  • Stock P/E 29.9
  • Book Value 68.2
  • Dividend Yield 0.33 %
  • ROCE 12.8 %
  • ROE 14.2 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 25.98% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 32.42%

Cons

  • The company has delivered a poor sales growth of -0.12% over past five years.
  • Company has a low return on equity of 13.93% for last 3 years.
  • Promoter holding has decreased over last 3 years: -5.33%

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
375.61 399.79 332.07 242.30 258.24 222.98 237.98 255.41 245.60 88.13 146.38 192.81
361.88 386.13 319.53 228.88 244.42 208.34 229.04 243.30 236.91 81.21 137.63 179.15
Operating Profit 13.73 13.66 12.54 13.42 13.82 14.64 8.94 12.11 8.69 6.92 8.75 13.66
OPM % 3.66% 3.42% 3.78% 5.54% 5.35% 6.57% 3.76% 4.74% 3.54% 7.85% 5.98% 7.08%
Other Income 0.22 0.05 0.13 0.08 0.12 -0.63 0.06 -24.05 0.06 0.86 1.12 1.44
Interest 2.53 2.53 2.79 3.15 3.03 2.63 2.71 3.19 3.37 3.73 3.88 3.28
Depreciation 2.75 1.92 1.82 1.84 1.79 2.09 2.07 2.10 2.13 2.12 2.14 2.18
Profit before tax 8.67 9.26 8.06 8.51 9.12 9.29 4.22 -17.23 3.25 1.93 3.85 9.64
Tax % 34.83% 36.07% 35.48% 35.84% 35.53% 34.55% -54.50% 24.26% 29.23% 25.39% 34.55% 25.41%
Net Profit 5.65 5.92 5.20 5.47 5.89 6.08 6.52 -13.04 2.32 1.45 2.52 7.19
EPS in Rs 2.41 2.43 2.13 2.24 2.23 2.29 2.46 -4.91 0.87 0.54 0.94 2.67

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
375 369 383 482 548 922 968 841 825 1,180 1,232 962 673
365 358 369 462 526 896 938 809 792 1,136 1,179 959 635
Operating Profit 9 10 14 19 22 26 30 32 33 44 54 3 38
OPM % 2% 3% 4% 4% 4% 3% 3% 4% 4% 4% 4% 0% 6%
Other Income 0 0 0 1 1 -0 0 0 1 1 0 17 3
Interest 4 5 7 10 11 12 13 15 14 13 12 12 14
Depreciation 3 3 3 4 4 5 5 5 8 8 7 8 9
Profit before tax 2 2 4 5 7 9 12 12 12 24 35 -0 19
Tax % 50% 16% 30% 27% 27% 36% 33% 34% 31% 36% 36% 518%
Net Profit 1 2 3 4 5 6 8 8 8 16 22 2 13
EPS in Rs 1.96 2.06 2.54 3.43 3.48 3.46 6.70 8.51 0.71 5.02
Dividend Payout % 0% 0% 0% 26% 0% 0% 20% 20% 23% 15% 12% 71%
Compounded Sales Growth
10 Years:10%
5 Years:-0%
3 Years:5%
TTM:-31%
Compounded Profit Growth
10 Years:28%
5 Years:26%
3 Years:47%
TTM:-55%
Stock Price CAGR
10 Years:24%
5 Years:23%
3 Years:-14%
1 Year:208%
Return on Equity
10 Years:10%
5 Years:12%
3 Years:14%
Last Year:14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
19 19 19 21 23 23 23 23 23 23 26 27 27
Reserves 50 52 55 58 65 71 76 82 92 105 155 154 157
Borrowings 55 58 72 73 77 87 99 108 106 88 88 127 114
49 58 64 79 102 88 85 83 122 159 146 157 130
Total Liabilities 173 187 210 231 268 269 283 296 344 375 415 464 428
41 41 47 47 48 49 48 47 80 74 90 86 83
CWIP 0 0 1 1 2 0 0 0 0 0 1 1 2
Investments 5 4 3 2 2 4 3 3 3 3 3 6 7
127 141 160 181 216 215 232 246 261 298 322 371 337
Total Assets 173 187 210 231 268 269 283 296 344 375 415 464 428

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-14 7 -8 9 16 8 5 12 18 21 25 -3
-14 -3 -8 -4 -6 -6 -3 -4 -2 -2 -26 -19
27 -2 13 -5 -5 -2 -1 -8 -17 -18 2 15
Net Cash Flow -1 2 -3 -0 5 -0 1 0 -1 -0 1 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 6% 6% 8% 11% 11% 12% 13% 13% 12% 17% 19% 13%
Debtor Days 74 89 81 75 80 51 51 62 71 58 66 80
Inventory Turnover 20.50 12.16 9.89 10.42 9.68 15.45 13.75 9.81 9.75 15.23 15.73 10.86

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
66.77 66.77 66.77 65.50 65.14 65.24 65.24 65.24 64.29 64.29 64.29 64.29
1.19 1.28 1.36 1.25 1.20 1.14 1.12 1.11 1.09 1.05 0.99 0.83
32.05 31.96 31.87 33.26 33.66 33.63 33.64 33.65 34.62 34.66 34.73 34.89

Documents