Kamdhenu Ltd
Incorporated in 1994, Kamdhenu Ltd. is engaged in the manufacturing, marketing, branding and distribution of TMT Bars, structural steel, paints and allied products under the brand name “KAMDHENU”. [1]
- Market Cap ₹ 779 Cr.
- Current Price ₹ 290
- High / Low ₹ 442 / 130
- Stock P/E 18.1
- Book Value ₹ 62.0
- Dividend Yield 0.52 %
- ROCE 23.2 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 92.8 to 40.9 days.
- Company's working capital requirements have reduced from 92.6 days to 46.5 days
Cons
- The company has delivered a poor sales growth of -9.10% over past five years.
- Promoter holding has decreased over last 3 years: -5.55%
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
482 | 548 | 922 | 968 | 841 | 825 | 1,180 | 1,232 | 924 | 625 | 600 | 732 | 749 | |
462 | 526 | 896 | 938 | 809 | 792 | 1,136 | 1,179 | 879 | 575 | 545 | 672 | 689 | |
Operating Profit | 19 | 22 | 26 | 30 | 32 | 33 | 44 | 54 | 45 | 50 | 55 | 60 | 60 |
OPM % | 4% | 4% | 3% | 3% | 4% | 4% | 4% | 4% | 5% | 8% | 9% | 8% | 8% |
1 | 1 | -0 | 0 | 0 | 1 | 1 | 0 | -25 | -7 | -10 | 2 | 3 | |
Interest | 10 | 11 | 12 | 13 | 15 | 14 | 13 | 12 | 12 | 14 | 4 | 2 | 1 |
Depreciation | 4 | 4 | 5 | 5 | 5 | 8 | 8 | 7 | 8 | 9 | 5 | 5 | 5 |
Profit before tax | 5 | 7 | 9 | 12 | 12 | 12 | 24 | 35 | -0 | 21 | 37 | 55 | 58 |
Tax % | 27% | 27% | 36% | 33% | 34% | 31% | 36% | 36% | 518% | 28% | 27% | 25% | |
4 | 5 | 6 | 8 | 8 | 8 | 16 | 22 | 2 | 15 | 27 | 41 | 43 | |
EPS in Rs | 1.96 | 2.06 | 2.54 | 3.43 | 3.48 | 3.46 | 6.70 | 8.51 | 0.71 | 5.61 | 9.94 | 15.25 | 16.01 |
Dividend Payout % | 26% | 0% | 0% | 20% | 20% | 23% | 15% | 12% | 71% | 14% | 10% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | -9% |
3 Years: | -7% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 21% |
3 Years: | 17% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | 38% |
5 Years: | 25% |
3 Years: | 102% |
1 Year: | 102% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 21% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
21 | 23 | 23 | 23 | 23 | 23 | 23 | 26 | 27 | 27 | 27 | 27 | |
Reserves | 58 | 65 | 71 | 76 | 82 | 92 | 105 | 155 | 154 | 168 | 197 | 140 |
73 | 77 | 87 | 99 | 108 | 106 | 88 | 88 | 127 | 100 | 94 | 4 | |
79 | 102 | 88 | 85 | 83 | 122 | 159 | 146 | 157 | 136 | 142 | 38 | |
Total Liabilities | 231 | 268 | 269 | 283 | 296 | 344 | 375 | 415 | 464 | 431 | 460 | 208 |
47 | 48 | 49 | 48 | 47 | 80 | 74 | 90 | 86 | 91 | 94 | 47 | |
CWIP | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
Investments | 2 | 2 | 4 | 3 | 3 | 3 | 3 | 3 | 6 | 9 | 16 | 14 |
181 | 216 | 215 | 232 | 246 | 261 | 298 | 322 | 371 | 331 | 349 | 147 | |
Total Assets | 231 | 268 | 269 | 283 | 296 | 344 | 375 | 415 | 464 | 431 | 460 | 208 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 16 | 8 | 5 | 12 | 18 | 21 | 25 | -3 | 50 | 43 | 67 | |
-4 | -6 | -6 | -3 | -4 | -2 | -2 | -26 | -19 | -10 | -13 | -14 | |
-5 | -5 | -2 | -1 | -8 | -17 | -18 | 2 | 15 | -41 | -20 | -55 | |
Net Cash Flow | -0 | 5 | -0 | 1 | 0 | -1 | -0 | 1 | -7 | -0 | 10 | -2 |
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 | 75 | 80 | 51 | 51 | 62 | 71 | 58 | 66 | 84 | 117 | 121 | 41 |
Inventory Days | 40 | 45 | 25 | 30 | 40 | 36 | 26 | 22 | 40 | 59 | 63 | 10 |
Days Payable | 49 | 66 | 27 | 26 | 31 | 50 | 41 | 42 | 63 | 87 | 74 | 13 |
Cash Conversion Cycle | 66 | 58 | 49 | 54 | 71 | 57 | 43 | 46 | 61 | 89 | 110 | 38 |
Working Capital Days | 74 | 81 | 50 | 55 | 69 | 64 | 49 | 53 | 84 | 113 | 118 | 47 |
ROCE % | 11% | 11% | 12% | 13% | 13% | 12% | 17% | 19% | 13% | 15% | 17% | 23% |
Documents
Announcements
- Closure of Trading Window 2d
- Intimation To Shareholders And Investors On Availability Of Online Dispute Resolution (ODR) Mechanism At Stock Exchange 15 Sep
- Intimation To Shareholders And Investors On Availability Of Online Dispute Resolution (ODR) Mechanism At Stock Exchange 15 Sep
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 24 Aug
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 24 Aug
Annual reports
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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 nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Concalls
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Aug 2023Transcript PPT
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Jan 2023Transcript PPT
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Nov 2022TranscriptNotesPPT
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Dec 2021Transcript PPT
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Sep 2021TranscriptPPT
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Sep 2021Transcript PPT
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Aug 2021TranscriptPPT
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Jul 2021Transcript PPT
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Mar 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Jun 2020Transcript PPT
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Feb 2020Transcript PPT
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Nov 2019Transcript PPT
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Aug 2019Transcript PPT
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Jan 2019Transcript PPT
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Nov 2018Transcript PPT
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Aug 2018Transcript PPT
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Jun 2018TranscriptNotesPPT
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Jun 2018TranscriptNotesPPT
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May 2018Transcript PPT
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Mar 2018Transcript PPT
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Feb 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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Nov 2017TranscriptNotesPPT
Products
Company offers various products under steel and Paints like TMT Bars, Structural Steel, Colour Coated Sheets, Pre Engineered buildings and Paints (Kamdhenu Paints-Colour Dreamz).[1] In FY23, Kamdhenu is the largest TMT selling brand in India, in the
Retail Segment. The company specialises in 4% less weight per meter with 20% higher strength.[2]