Kamdhenu Ltd

Kamdhenu Ltd

₹ 531 -0.15%
25 Apr - close price
About

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]

Key Points

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]

  • Market Cap 1,431 Cr.
  • Current Price 531
  • High / Low 670 / 260
  • Stock P/E 47.0
  • Book Value 81.1
  • Dividend Yield 0.28 %
  • ROCE 16.9 %
  • ROE 14.7 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 31.8%

Cons

  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
235.64 83.29 136.14 183.42 222.37 145.86 215.53 226.54 252.83
226.97 76.37 127.40 169.77 201.94 134.28 201.53 212.08 234.59
Operating Profit 8.67 6.92 8.74 13.65 20.43 11.58 14.00 14.46 18.24
OPM % 3.68% 8.31% 6.42% 7.44% 9.19% 7.94% 6.50% 6.38% 7.21%
0.07 0.86 1.12 1.44 -9.97 0.93 0.89 0.34 -6.01
Interest 3.37 3.73 3.88 3.28 2.70 2.68 2.56 2.51 2.38
Depreciation 2.13 2.12 2.14 2.18 2.23 2.30 2.34 2.34 2.28
Profit before tax 3.24 1.93 3.84 9.63 5.53 7.53 9.99 9.95 7.57
Tax % 29.32% 25.39% 34.64% 25.44% 28.75% 25.90% 23.52% 22.81% 28.53%
2.31 1.44 2.51 7.18 3.94 5.58 7.65 7.68 5.41
EPS in Rs 0.87 0.54 0.93 2.67 1.46 2.07 2.84 2.86 2.01
Raw PDF
Upcoming result date: 6 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
924 625 841
879 575 782
Operating Profit 45 50 59
OPM % 5% 8% 7%
-25 -7 -4
Interest 12 14 10
Depreciation 8 9 9
Profit before tax -0 21 35
Tax % 507% 28% 25%
2 15 26
EPS in Rs 0.71 5.61 9.78
Dividend Payout % 71% 14% 10%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 34%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 37%
Stock Price CAGR
10 Years: 47%
5 Years: 43%
3 Years: 88%
1 Year: 54%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
Equity Capital 27 27 27
Reserves 154 168 191
127 100 94
157 136 131
Total Liabilities 464 431 442
86 91 93
CWIP 1 1 1
Investments 6 9 12
371 331 337
Total Assets 464 431 442

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
-3 50 44
-19 -10 -14
15 -41 -20
Net Cash Flow -7 -0 10

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
Debtor Days 84 117 86
Inventory Days 40 59 49
Days Payable 63 87 57
Cash Conversion Cycle 61 89 78
Working Capital Days 84 109 82
ROCE % 15% 17%

Shareholding Pattern

Numbers in percentages

9 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.29% 64.29% 64.29% 64.29% 64.29% 58.74% 58.74% 58.74% 58.74% 58.74% 58.74% 58.74%
0.01% 0.24% 0.33% 0.22% 0.20% 0.19% 0.34% 0.34% 0.44% 0.58% 0.58% 4.00%
0.78% 0.40% 0.35% 0.32% 0.33% 1.60% 0.29% 0.26% 0.22% 0.39% 0.19% 0.19%
34.92% 35.08% 35.03% 35.17% 35.18% 39.48% 40.64% 40.65% 40.61% 40.30% 40.51% 37.09%
No. of Shareholders 15,57014,74114,31915,24615,66418,92615,51014,95215,31017,04116,99617,169

* 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.

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Documents

Concalls