KKV Agro Powers Ltd
₹ 941
None%
15 Feb 2023
About
Incorporated in 2012, KKV Agro Power Ltd Wind and Solar power renewable energy generation and Bullion Trading
Key Points
- Market Cap ₹ 53.3 Cr.
- Current Price ₹ 941
- High / Low ₹ 999 / 890
- Stock P/E 44.8
- Book Value ₹ 349
- Dividend Yield 0.53 %
- ROCE 12.5 %
- ROE 5.89 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 26.9%
Cons
- Stock is trading at 2.70 times its book value
- Company has a low return on equity of 7.84% over last 3 years.
- 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: Power Generation & Distribution Industry: Power Generation And Supply
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 3 | 4 | 5 | 6 | 8 | 9 | 39 | 320 | 448 | 972 | |
| 1 | 1 | 2 | 3 | 3 | 3 | 4 | 36 | 318 | 443 | 966 | |
| Operating Profit | 1 | 1 | 2 | 2 | 3 | 4 | 5 | 3 | 2 | 4 | 5 |
| OPM % | 32% | 43% | 53% | 43% | 49% | 57% | 56% | 9% | 1% | 1% | 1% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 2 | 1 | 2 | 2 |
| Tax % | 31% | 33% | 32% | 32% | 33% | 46% | 42% | -28% | 26% | 41% | |
| Net Profit | 0 | 1 | 0 | 1 | 1 | 2 | 2 | 3 | 0 | 1 | 1 |
| EPS in Rs | 37.00 | 64.00 | 50.00 | 53.00 | 24.00 | 25.50 | 33.67 | 48.33 | 7.67 | 20.99 | 19.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 5% | 2% | 11% | 8% | 49% | 24% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 135% |
| 3 Years: | 271% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | -16% |
| TTM: | 159% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | % |
| 1 Year: | 4% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Reserves | 0 | 1 | 1 | 2 | 12 | 14 | 16 | 18 | 18 | 19 |
| 0 | 6 | 10 | 8 | 5 | 3 | 1 | 3 | 3 | 5 | |
| 0 | 3 | 2 | 3 | 3 | 6 | 5 | 5 | 10 | 27 | |
| Total Liabilities | 1 | 10 | 13 | 13 | 20 | 23 | 22 | 27 | 32 | 52 |
| 0 | 8 | 9 | 12 | 11 | 20 | 19 | 17 | 16 | 25 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 1 |
| Investments | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| 1 | 2 | 4 | 1 | 9 | 3 | 3 | 9 | 11 | 26 | |
| Total Assets | 1 | 10 | 13 | 13 | 20 | 23 | 22 | 27 | 32 | 52 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 3 | 4 | 3 | -5 | 7 | 2 | 3 | 5 | 2 | |
| -0 | -7 | -2 | -4 | -1 | -9 | -0 | -0 | -9 | -3 | |
| 0 | 6 | -1 | -2 | 6 | 2 | -2 | -0 | 2 | -0 | |
| Net Cash Flow | 0 | 1 | 1 | -2 | -0 | -0 | -0 | 3 | -3 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 15 | 32 | 13 | 93 | 55 | 87 | 17 | 2 | 1 |
| Inventory Days | ||||||||||
| Days Payable | ||||||||||
| Cash Conversion Cycle | 63 | 15 | 32 | 13 | 93 | 55 | 87 | 17 | 2 | 1 |
| Working Capital Days | 10 | -354 | -82 | -244 | 106 | -97 | 14 | 19 | -4 | -1 |
| ROCE % | 27% | 14% | 11% | 16% | 17% | 21% | 12% | 3% | 13% |
Business Overview:[1][2]
Company develops, builds, owns, operates and maintains utility scale grid connected solar projects, wind farm projects, renewable power projects, and generate revenue through the sale of electricity. Company has applied for connectivity at selected wind and solar resource sites and is in advance stage of land control and acquisition. Apart from this, company has 2 other divisions viz, Jewelry Manufacturing (Sale of Gold Coins/Bullion, Purification Charges & Retail jewelry sales), Agriculture and Textile