Kingfa Science & Technology (India) Ltd

About [ edit ]

Kingfa Science & Technology (India) is engaged in the business of manufacturing and supplier of high quality reinforced polypropylene compounds, thermoplastics elastomers and fibre re-inforced composites.

  • Market Cap 1,065 Cr.
  • Current Price 879
  • High / Low 992 / 347
  • Stock P/E 245
  • Book Value 290
  • Dividend Yield 0.00 %
  • ROCE 10.0 %
  • ROE 7.32 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company's median sales growth is 16.60% of last 10 years

Cons

  • Stock is trading at 3.04 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.85% for last 3 years.
  • Earnings include an other income of Rs.5.76 Cr.
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
171.76 169.70 187.04 163.37 180.89 183.85 189.80 188.47 179.38 45.06 167.14 193.79
159.85 167.21 184.91 160.78 162.39 166.28 179.11 178.65 175.39 43.74 162.18 189.91
Operating Profit 11.91 2.49 2.13 2.59 18.50 17.57 10.69 9.82 3.99 1.32 4.96 3.88
OPM % 6.93% 1.47% 1.14% 1.59% 10.23% 9.56% 5.63% 5.21% 2.22% 2.93% 2.97% 2.00%
Other Income 1.68 1.20 1.23 8.19 2.98 1.89 0.63 0.56 0.70 0.37 2.79 1.90
Interest 0.34 0.47 0.53 0.53 0.55 0.77 0.60 0.83 1.35 0.93 0.94 0.44
Depreciation 2.95 1.98 2.03 2.02 1.98 2.13 2.14 2.35 2.33 2.28 2.46 2.91
Profit before tax 10.30 1.24 0.80 8.23 18.95 16.56 8.58 7.20 1.01 -1.52 4.35 2.43
Tax % 23.69% 39.52% 38.75% 35.36% 34.09% 36.53% 31.82% -5.69% 35.64% 17.11% 24.14% 32.10%
Net Profit 7.85 0.76 0.50 5.31 12.49 10.50 5.85 7.62 0.64 -1.25 3.30 1.65
EPS in Rs 6.48 0.63 0.41 4.38 10.31 8.67 4.83 6.29 0.53 -1.03 2.72 1.36

Profit & Loss

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
118 109 140 150 157 178 219 314 427 602 702 742 585
115 103 132 141 155 181 212 288 408 560 666 698 571
Operating Profit 3 6 9 9 2 -3 6 27 19 41 35 43 14
OPM % 3% 6% 6% 6% 1% -2% 3% 8% 5% 7% 5% 6% 2%
Other Income 1 1 0 -0 1 0 0 1 4 6 4 3 6
Interest 5 5 5 7 7 7 8 7 2 2 2 4 4
Depreciation 2 3 3 3 3 3 3 3 3 6 8 9 10
Profit before tax -3 -0 1 -0 -7 -12 -5 17 18 39 29 33 6
Tax % 29% 91% 20% 123% 29% 31% 35% 38% 30% 36% 35% 26%
Net Profit -2 -0 1 0 -5 -8 -3 11 12 25 19 25 4
EPS in Rs -1.49 -0.02 0.86 0.02 -4.14 -6.95 -2.49 8.93 10.24 20.35 15.74 20.33 3.58
Dividend Payout % 0% 0% 37% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:21%
5 Years:28%
3 Years:20%
TTM:-21%
Compounded Profit Growth
10 Years:90%
5 Years:58%
3 Years:26%
TTM:-88%
Stock Price CAGR
10 Years:45%
5 Years:3%
3 Years:-8%
1 Year:97%
Return on Equity
10 Years:7%
5 Years:9%
3 Years:8%
Last Year:7%

Balance Sheet

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
7 6 6 6 6 6 6 10 10 12 12 12 12
Reserves 18 18 18 19 13 5 2 109 121 293 312 336 339
Borrowings 36 35 43 43 34 62 75 16 42 21 17 46 49
17 18 26 21 31 31 41 95 232 159 210 202 210
Total Liabilities 78 78 94 88 85 105 125 230 405 485 551 596 609
32 31 31 29 26 24 25 29 76 88 85 107 115
CWIP 1 0 0 0 0 0 1 41 10 2 79 115 124
Investments 2 1 0 0 0 0 0 0 0 0 0 0 0
42 46 62 58 58 81 99 160 319 395 388 375 370
Total Assets 78 78 94 88 85 105 125 230 405 485 551 596 609

Cash Flows

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
10 5 -1 8 9 -24 -1 19 -119 -116 96 30
-12 0 -2 -1 2 -1 -4 -47 -18 -6 -77 -63
2 -5 3 -7 -11 25 5 34 137 14 -7 22
Net Cash Flow 0 -0 -0 0 0 0 0 6 -1 -108 12 -11

Ratios

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 4% 8% 9% 10% -1% -9% 4% 22% 13% 16% 9% 10%
Debtor Days 56 82 90 84 78 97 93 99 111 110 109 97
Inventory Turnover 5.58 5.75 6.36 6.36 7.35 7.57 6.74 5.71 5.79 5.53 5.58 5.85

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99
6.62 6.62 6.55 6.55 6.55 6.55 6.55 6.55 6.55 6.55 6.55 6.33
0.02 0.10 0.00 0.00 0.02 0.09 0.12 0.02 0.03 0.00 0.00 0.00
18.37 18.28 18.45 18.45 18.43 18.37 18.34 18.43 18.43 18.45 18.45 18.68

Documents