Kundan Edifice Ltd
Incorporated in 2010, Kundan Edifice Limited is engaged in the business of manufacturing, assembly, and sale of light-emitting diode ("LED") strip lights[1]
- Market Cap ₹ 164 Cr.
- Current Price ₹ 160
- High / Low ₹ 278 / 65.0
- Stock P/E 32.0
- Book Value ₹ 34.0
- Dividend Yield 0.00 %
- ROCE 46.6 %
- ROE 92.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 42.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 90.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 1.96 | 7.39 | 6.46 | 14.99 | 32.20 | 59.50 | |
| 3.09 | 7.10 | 6.13 | 13.30 | 29.41 | 50.83 | |
| Operating Profit | -1.13 | 0.29 | 0.33 | 1.69 | 2.79 | 8.67 |
| OPM % | -57.65% | 3.92% | 5.11% | 11.27% | 8.66% | 14.57% |
| 0.03 | 0.03 | 0.03 | -0.03 | 0.03 | 0.24 | |
| Interest | 0.16 | 0.13 | 0.21 | 0.55 | 0.63 | 1.08 |
| Depreciation | 0.08 | 0.08 | 0.11 | 0.30 | 0.43 | 0.84 |
| Profit before tax | -1.34 | 0.11 | 0.04 | 0.81 | 1.76 | 6.99 |
| Tax % | 0.00% | 0.00% | 0.00% | 4.94% | 3.98% | 26.61% |
| -1.34 | 0.11 | 0.04 | 0.77 | 1.68 | 5.13 | |
| EPS in Rs | -13,400.00 | 4.00 | 1.45 | 25.67 | 56.00 | 6.84 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 98% |
| 3 Years: | 110% |
| TTM: | 85% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 404% |
| TTM: | 205% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 91% |
| Last Year: | 93% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 2.75 | 2.75 | 3.00 | 3.00 | 7.50 | 10.27 |
| Reserves | -2.52 | -2.41 | -2.47 | -1.70 | -0.02 | 0.61 | 24.62 |
| 4.12 | 2.76 | 6.37 | 7.29 | 9.05 | 14.50 | 16.04 | |
| 0.58 | 1.90 | 1.82 | 3.27 | 7.25 | 7.05 | 16.30 | |
| Total Liabilities | 2.19 | 5.00 | 8.47 | 11.86 | 19.28 | 29.66 | 67.23 |
| 0.41 | 0.66 | 0.72 | 2.49 | 5.09 | 5.73 | 8.86 | |
| CWIP | 0.00 | 0.00 | 1.38 | 0.00 | 0.38 | 1.37 | 0.89 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.78 | 4.34 | 6.37 | 9.37 | 13.81 | 22.56 | 57.48 | |
| Total Assets | 2.19 | 5.00 | 8.47 | 11.86 | 19.28 | 29.66 | 67.23 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| -1.34 | -1.08 | -1.64 | 0.22 | 2.07 | -1.62 | |
| -0.06 | -0.33 | -1.55 | -0.81 | -3.44 | -2.67 | |
| 1.42 | 1.38 | 3.40 | 0.62 | 1.13 | 4.38 | |
| Net Cash Flow | 0.02 | -0.03 | 0.21 | 0.03 | -0.23 | 0.08 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 122.91 | 47.42 | 43.51 | 35.06 | 22.10 | 27.42 |
| Inventory Days | 110.91 | 180.00 | 302.46 | 212.67 | 139.78 | 155.76 |
| Days Payable | 80.66 | 108.33 | 148.67 | 103.02 | 105.70 | 39.23 |
| Cash Conversion Cycle | 153.16 | 119.08 | 197.30 | 144.71 | 56.18 | 143.95 |
| Working Capital Days | 186.22 | 112.12 | 229.96 | 137.33 | 67.79 | 90.36 |
| ROCE % | 10.19% | 5.13% | 19.42% | 23.18% | 46.59% |
Documents
Announcements
Annual reports
No data available.
Business Profile[1] Kundan Edifice is an original design manufacturer ("ODM"); they design, develop, manufacture, and supply products to customers who then further distribute them under their own brands. The company also provides custom products.