Kesar Enterprises Ltd
Incorporated in 1933, Kesar Enterprises Ltd deals in the production of Sugar, Spirit, Ethanol, Bagasse based Power[1]
- Market Cap ₹ 111 Cr.
- Current Price ₹ 110
- High / Low ₹ 114 / 50.0
- Stock P/E
- Book Value ₹ 29.5
- Dividend Yield 0.00 %
- ROCE -9.25 %
- ROE -53.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.71 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.35% over last 3 years.
- Contingent liabilities of Rs.60.6 Cr.
- Earnings include an other income of Rs.1.12 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Jun 2011 | Jun 2012 | Jun 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
366 | 285 | 337 | 437 | 318 | 373 | 313 | 403 | 518 | 547 | 469 | 553 | 531 | |
340 | 271 | 305 | 478 | 300 | 309 | 300 | 381 | 475 | 517 | 457 | 552 | 528 | |
Operating Profit | 25 | 14 | 32 | -41 | 18 | 64 | 13 | 22 | 43 | 30 | 13 | 1 | 3 |
OPM % | 7% | 5% | 10% | -9% | 6% | 17% | 4% | 5% | 8% | 6% | 3% | 0% | 1% |
1 | -12 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 106 | 3 | 1 | 1 | |
Interest | 20 | 19 | 36 | 57 | 42 | 41 | 43 | 45 | 25 | 27 | 26 | 27 | 27 |
Depreciation | 6 | 6 | 15 | 24 | 26 | 19 | 18 | 19 | 18 | 19 | 18 | 19 | 19 |
Profit before tax | 0 | -22 | -17 | -120 | -49 | 6 | -47 | -40 | 2 | 90 | -29 | -44 | -42 |
Tax % | -742% | 10% | 0% | 0% | -8% | 1% | 0% | 0% | 0% | 0% | -1% | 0% | |
4 | -20 | -17 | -120 | -53 | 6 | -47 | -40 | 2 | 90 | -29 | -44 | -42 | |
EPS in Rs | 5.32 | -29.40 | -19.35 | -120.03 | -52.80 | 6.11 | -46.35 | -39.90 | 2.27 | 89.12 | -28.66 | -43.71 | -41.51 |
Dividend Payout % | 19% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 12% |
3 Years: | 2% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | % |
TTM: | -19% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 31% |
3 Years: | 38% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | -22% |
5 Years: | -5% |
3 Years: | 6% |
Last Year: | -53% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Jun 2011 | Jun 2012 | Jun 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 25 | 237 | 222 | 94 | 41 | 147 | 93 | 46 | 43 | 124 | 95 | 50 | 20 |
Preference Capital | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
207 | 349 | 431 | 338 | 314 | 324 | 342 | 357 | 323 | 113 | 97 | 93 | 28 | |
43 | 133 | 141 | 141 | 187 | 118 | 155 | 239 | 254 | 381 | 422 | 436 | 420 | |
Total Liabilities | 282 | 725 | 802 | 583 | 552 | 599 | 600 | 652 | 631 | 629 | 624 | 588 | 479 |
58 | 289 | 486 | 450 | 426 | 485 | 467 | 451 | 463 | 433 | 457 | 439 | 431 | |
CWIP | 36 | 189 | 1 | 1 | 0 | 0 | 0 | 14 | 5 | 17 | 1 | 2 | 2 |
Investments | 1 | 1 | 1 | 1 | 1 | 20 | 13 | 9 | 2 | 12 | 10 | 5 | 6 |
187 | 247 | 315 | 131 | 126 | 93 | 119 | 178 | 162 | 167 | 156 | 143 | 39 | |
Total Assets | 282 | 725 | 802 | 583 | 552 | 599 | 600 | 652 | 631 | 629 | 624 | 588 | 479 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Jun 2011 | Jun 2012 | Jun 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
102 | 33 | -22 | 138 | 66 | 20 | 18 | 31 | 79 | 63 | 52 | 12 | |
-32 | -157 | -26 | 2 | -1 | 2 | -1 | -16 | -19 | -22 | -24 | 3 | |
-75 | 125 | 55 | -148 | -61 | -27 | -15 | -15 | -52 | -25 | -27 | -34 | |
Net Cash Flow | -4 | 0 | 7 | -7 | 4 | -5 | 1 | -0 | 8 | 16 | 1 | -19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Jun 2011 | Jun 2012 | Jun 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 15 | 19 | 68 | 13 | 40 | 36 | 34 | 49 | 34 | 23 | 15 | 6 |
Inventory Days | 195 | 360 | 341 | 74 | 109 | 34 | 115 | 129 | 84 | 75 | 97 | 82 |
Days Payable | 17 | 159 | 160 | 90 | 219 | 114 | 158 | 199 | 161 | 165 | 198 | 189 |
Cash Conversion Cycle | 193 | 220 | 248 | -3 | -70 | -43 | -9 | -21 | -43 | -67 | -86 | -100 |
Working Capital Days | 120 | 113 | 146 | -21 | -122 | -233 | -327 | -293 | -246 | -198 | -277 | -238 |
ROCE % | 7% | 2% | 3% | -11% | -2% | 11% | -1% | 1% | 7% | 38% | -1% | -9% |
Documents
Announcements
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
13 Nov - The Company''s Distillery operations for the season have started.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Copy of relevant pages of newspapers published on 10.11.2023 depcting Un-audited Financial Results of the Company for the quarter ended on 30.09.2023.
- Financial Results For The Quarter Ended 30-09-2023 9 Nov
- Board Meeting Outcome for Outcome Of Board Meeting Held On 09.11.2023 9 Nov
- Board Meeting Intimation for Intimation Of Board Meeting 2 Nov
Annual reports
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Financial Year 2023
from bse
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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 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
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Financial Year 2010
from bse
Business Overview:[1]
Company is part of the Kilachand Group which deals in sugar, distillery, renewable energy, storage and other agro product. KEL does production of sugar, power and spirit. It has entered into a Power Purchase Agreement with Uttar Pradesh Power Corp for sale of power for 20 years. Company also produces open pollinated and hybrid seeds under brand name Kesar seeds and has in-house research division at Hyderabad where seeds are developed