Kesoram Industries Ltd
Kesoram Industries Limited is a flagship company of B. K. Birla group. The Co is engaged in the manufacturing of Cement and Rayon, TP & Chemicals. [1]
- Market Cap ₹ 2,708 Cr.
- Current Price ₹ 87.2
- High / Low ₹ 109 / 53.1
- Stock P/E 362
- Book Value ₹ 15.2
- Dividend Yield 0.00 %
- ROCE 9.86 %
- ROE -3.87 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.3%
Cons
- Stock is trading at 5.71 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.50% over past five years.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -9.74%
* 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: Cement Industry: Cement - North India
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
3,882 | 3,842 | 3,873 | 2,904 | 2,646 | 2,653 | 3,606 | 3,778 | 3,886 | |
3,319 | 3,844 | 3,943 | 2,872 | 2,417 | 2,278 | 3,094 | 3,507 | 3,541 | |
Operating Profit | 562 | -3 | -70 | 32 | 229 | 375 | 512 | 271 | 345 |
OPM % | 14% | -0% | -2% | 1% | 9% | 14% | 14% | 7% | 9% |
80 | 172 | 79 | 57 | 40 | -148 | 14 | -103 | -122 | |
Interest | 121 | 283 | 443 | 357 | 344 | 276 | 502 | 450 | 455 |
Depreciation | 112 | 136 | 146 | 108 | 113 | 118 | 112 | 103 | 107 |
Profit before tax | 409 | -250 | -580 | -375 | -188 | -167 | -87 | -385 | -339 |
Tax % | 7% | 3% | 0% | 3% | 0% | 184% | 11% | 50% | |
379 | -242 | -578 | -363 | -188 | 140 | -77 | -194 | -166 | |
EPS in Rs | 23.23 | -13.90 | -28.31 | -17.15 | -8.85 | 5.72 | -3.18 | -6.25 | -5.32 |
Dividend Payout % | 7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | 13% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 24% |
TTM: | 106% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 11% |
3 Years: | 38% |
1 Year: | 55% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -19% |
3 Years: | 26% |
Last Year: | -4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
46 | 117 | 137 | 143 | 143 | 239 | 335 | 348 | |
Reserves | 1,300 | 680 | 307 | -30 | -240 | 33 | 266 | 163 |
2,142 | 3,297 | 4,099 | 3,187 | 2,237 | 1,962 | 1,811 | 1,902 | |
835 | 1,238 | 1,574 | 1,671 | 1,072 | 1,072 | 1,111 | 1,059 | |
Total Liabilities | 4,322 | 5,333 | 6,117 | 4,970 | 3,212 | 3,232 | 3,433 | 3,435 |
1,874 | 2,544 | 2,890 | 2,772 | 2,167 | 2,081 | 2,005 | 1,736 | |
CWIP | 865 | 730 | 790 | 800 | 31 | 33 | 49 | 65 |
Investments | 49 | 71 | 720 | 82 | 70 | 77 | 74 | 82 |
1,534 | 1,988 | 1,717 | 1,317 | 944 | 1,041 | 1,305 | 1,551 | |
Total Assets | 4,322 | 5,333 | 6,117 | 4,970 | 3,212 | 3,232 | 3,433 | 3,435 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
370 | 79 | 177 | 775 | 787 | 259 | 324 | 131 | |
-1,035 | 1,694 | -1,137 | 354 | -877 | -150 | -63 | 49 | |
681 | -2,117 | 662 | -1,823 | -218 | 201 | -224 | -248 | |
Net Cash Flow | 16 | -343 | -298 | -693 | -308 | 309 | 36 | -68 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 36 | 50 | 54 | 74 | 27 | 42 | 32 | 36 |
Inventory Days | 130 | 122 | 127 | 324 | 161 | 140 | 174 | 197 |
Days Payable | 54 | 141 | 200 | 806 | 619 | 593 | 568 | 505 |
Cash Conversion Cycle | 112 | 31 | -19 | -408 | -431 | -411 | -362 | -272 |
Working Capital Days | 72 | 27 | 11 | -57 | -89 | -34 | -9 | 3 |
ROCE % | -1% | -0% | 6% | 15% | 19% | 10% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Closure of Trading Window 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Sep
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Sep
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Sep
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
Concalls
-
Mar 2022TranscriptPPT
-
Dec 2021TranscriptPPT
Business Segments
Cement: The cement business is the primary business of the Co operated under the brand name, ‘Birla Shakti Cement’. The products include Birla Shakti Cement PPC, Birla Shakti Cement 43 Grade OPC, Birla Shakti Cement 53 Grade OPC and Birla Shakti Cement Shakti+.
Rayon, TP and Chemicals: The Co operates this business through its subsidiary, Cygnet Industries Ltd, under the brand name, ‘Kesoram Rayon’ covering the sale of rayon, transparent paper and filament yarn. [1][2]