Kore Digital Ltd
Incorporated in 2009, Kore Digital Limited operates as a Telecommunication Infrastructure Provider and offers high-end communication solutions to corporate and Telecom Network Operators.[1]
- Market Cap ₹ 378 Cr.
- Current Price ₹ 1,074
- High / Low ₹ 1,440 / 123
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 85.9 %
- ROE 78.0 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 98.1%
Cons
- Company has high debtors of 235 days.
- Working capital days have increased from 29.3 days to 68.8 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.
Peer comparison
Sector: Telecomm Equipment & Infra Services Industry: Transmisson Line Towers / Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.88 | 3.98 | 16.94 | 21.27 | |
| 0.86 | 3.57 | 13.82 | 16.52 | |
| Operating Profit | 0.02 | 0.41 | 3.12 | 4.75 |
| OPM % | 2.27% | 10.30% | 18.42% | 22.33% |
| 0.00 | 0.00 | 0.01 | 0.00 | |
| Interest | 0.00 | 0.01 | 0.02 | 0.18 |
| Depreciation | 0.00 | 0.05 | 0.08 | 0.25 |
| Profit before tax | 0.02 | 0.35 | 3.03 | 4.32 |
| Tax % | 0.00% | 25.71% | 27.72% | 25.46% |
| 0.02 | 0.26 | 2.18 | 3.22 | |
| EPS in Rs | 20.00 | 260.00 | 2,180.00 | 12.78 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 189% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 444% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 98% |
| Last Year: | 78% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.52 | 3.52 |
| Reserves | 0.07 | 0.33 | 2.51 | 3.22 | 22.82 |
| 0.00 | 0.22 | 0.18 | 2.04 | 2.34 | |
| 1.80 | 5.29 | 11.72 | 28.20 | 28.19 | |
| Total Liabilities | 1.88 | 5.85 | 14.42 | 35.98 | 56.87 |
| 0.00 | 0.33 | 0.24 | 3.10 | 2.96 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.07 | 0.07 | 0.07 |
| 1.88 | 5.52 | 14.11 | 32.81 | 53.84 | |
| Total Assets | 1.88 | 5.85 | 14.42 | 35.98 | 56.87 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.03 | 0.26 | 1.31 | 0.43 | |
| 0.00 | -0.37 | -0.07 | -3.11 | |
| 0.00 | 0.21 | -0.06 | 1.42 | |
| Net Cash Flow | 0.03 | 0.10 | 1.19 | -1.26 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 4.15 | 122.89 | 39.86 | 235.27 |
| Inventory Days | 872.21 | 519.79 | 263.39 | 418.14 |
| Days Payable | 142.21 | 74.53 | 285.79 | 669.34 |
| Cash Conversion Cycle | 734.15 | 568.15 | 17.47 | -15.93 |
| Working Capital Days | 20.74 | 8.25 | 10.77 | 68.81 |
| ROCE % | 112.50% | 187.12% | 85.88% |
Business Profile[1] Kore Digital primarily operates in Maharashtra. They offer services like installing and commissioning Poles, Towers, and Optical Fibre Cable (OFC) Systems in Maharashtra.