Kesar Enterprises Ltd

₹ 85.9 0.29%
05 Aug - close price
About

Kesar Enterprises Ltd is engaged in the production of Sugar, Spirit, Ethanol and Bagasse based Power. [1]

Key Points

Business Segments
Sugar: Manufacture and sale of sugar and its by-products.
Spirits: Sale of alcohol and alcoholic beverages.
Power: Generation of power from bagasse. [1]

  • Market Cap 86.6 Cr.
  • Current Price 85.9
  • High / Low 125 / 74.0
  • Stock P/E
  • Book Value 104
  • Dividend Yield 0.00 %
  • ROCE -1.26 %
  • ROE -24.2 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.83 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.70% over past five years.
  • Contingent liabilities of Rs.69.3 Cr.
  • Company's cost of borrowing seems high

* 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: Sugar Industry: Sugar

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
165.66 137.61 50.43 145.35 184.46 127.70 53.54 160.59 205.63 115.02 47.08 119.34 187.73
136.35 124.16 65.90 131.24 153.90 120.53 59.18 161.01 177.59 110.01 59.90 114.54 172.05
Operating Profit 29.31 13.45 -15.47 14.11 30.56 7.17 -5.64 -0.42 28.04 5.01 -12.82 4.80 15.68
OPM % 17.69% 9.77% -30.68% 9.71% 16.57% 5.61% -10.53% -0.26% 13.64% 4.36% -27.23% 4.02% 8.35%
0.47 0.59 0.61 0.72 0.89 3.33 0.23 0.22 103.14 0.55 0.71 0.18 1.27
Interest 11.50 11.31 11.93 12.12 -10.46 6.49 6.57 6.78 7.09 7.12 6.91 7.06 4.63
Depreciation 4.77 4.20 4.27 4.79 5.01 4.89 4.94 4.81 4.67 4.41 3.54 6.23 4.19
Profit before tax 13.51 -1.47 -31.06 -2.08 36.90 -0.88 -16.92 -11.79 119.42 -5.97 -22.56 -8.31 8.13
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.09%
Net Profit 13.51 -1.47 -31.06 -2.08 36.90 -0.88 -16.92 -11.79 119.42 -5.97 -22.57 -8.31 7.96
EPS in Rs 13.40 -1.46 -30.81 -2.06 36.61 -0.87 -16.79 -11.70 118.48 -5.92 -22.39 -8.24 7.90

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
201 366 285 337 437 318 373 313 403 518 547 469
181 340 271 305 478 300 309 300 381 475 517 456
Operating Profit 20 25 14 32 -41 18 64 13 22 43 31 13
OPM % 10% 7% 5% 10% -9% 6% 17% 4% 5% 8% 6% 3%
7 1 -12 2 2 1 1 1 2 3 105 3
Interest 18 20 19 36 57 42 41 43 45 25 27 26
Depreciation 6 6 6 15 24 26 19 18 19 18 19 18
Profit before tax 4 0 -22 -17 -120 -49 6 -47 -40 2 90 -29
Tax % -4% -742% 10% 0% 0% -8% 1% 0% 0% 0% 0% -1%
Net Profit 4 4 -20 -17 -120 -53 6 -47 -40 2 90 -29
EPS in Rs 6.46 5.32 -29.40 -19.35 -120.03 -52.80 6.11 -46.35 -39.90 2.27 89.12 -28.66
Dividend Payout % 15% 19% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 5%
3 Years: 5%
TTM: -14%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 9%
TTM: -132%
Stock Price CAGR
10 Years: 5%
5 Years: 2%
3 Years: 37%
1 Year: -29%
Return on Equity
10 Years: -18%
5 Years: -5%
3 Years: 24%
Last Year: -24%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
9 9 8 9 10 10 10 10 10 10 10 10
Reserves 22 25 237 222 94 41 147 93 46 43 124 95
261 207 349 431 338 314 324 342 357 323 208 29
49 43 133 141 141 187 118 155 239 254 286 490
Total Liabilities 340 282 725 802 583 552 599 600 652 631 629 624
60 58 289 486 450 426 485 467 451 463 433 457
CWIP 7 36 189 1 1 0 0 0 14 5 17 1
Investments 1 1 1 1 1 1 20 13 9 2 12 10
272 187 247 315 131 126 93 119 178 162 167 156
Total Assets 340 282 725 802 583 552 599 600 652 631 629 624

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-71 102 33 -22 138 66 20 18 31 79 63 52
-5 -32 -157 -26 2 -1 2 -1 -16 -19 -22 -24
79 -75 125 55 -148 -61 -27 -15 -15 -52 -25 -27
Net Cash Flow 3 -4 0 7 -7 4 -5 1 -0 8 16 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 18 15 19 68 13 40 36 34 49 34 23 15
Inventory Days 739 195 360 341 74 109 34 115 129 84 75 96
Days Payable 105 17 159 160 90 219 114 158 199 161 165 195
Cash Conversion Cycle 652 193 220 248 -3 -70 -43 -9 -21 -43 -67 -85
Working Capital Days 402 120 113 146 -21 -122 -233 -327 -293 -246 -199 -265
ROCE % 8% 7% 2% 3% -11% -2% 11% -1% 1% 7% 33% -1%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
69.53 69.99 70.47 70.47 70.47 70.57 70.57 70.57 70.57 70.57 70.98 70.98
5.12 5.35 5.12 5.12 5.12 4.24 4.05 4.05 1.75 1.75 1.75 1.75
25.35 24.66 24.41 24.41 24.41 25.19 25.39 25.39 27.68 27.68 27.27 27.27

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