Kothari Products Ltd

About [ edit ]

Kothari Products Limited is engaged in wholesale trading of coal; wholesale trading of oil; wholesale trading of construction materials and wholesale trading of machine and spares.

  • Market Cap 220 Cr.
  • Current Price 73.6
  • High / Low 95.3 / 36.0
  • Stock P/E
  • Book Value 378
  • Dividend Yield 0.00 %
  • ROCE 4.78 %
  • ROE 3.24 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.20 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -9.12% over past five years.
  • Company has a low return on equity of 6.59% for last 3 years.
  • Contingent liabilities of Rs.420.00 Cr.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 3.50% of profits over last 3 years
  • Company has high debtors of 186.63 days.

Peer comparison

Sector: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
1,332 1,907 1,135 1,383 1,110 1,029 1,081 898 759 626 774
1,314 1,608 1,134 1,521 1,099 1,034 1,080 965 759 657 854
Operating Profit 18 299 0 -138 11 -5 1 -67 0 -31 -80
OPM % 1% 16% 0% -10% 1% -0% 0% -7% 0% -5% -10%
Other Income 7 -2 7 32 2 34 16 117 11 3 5
Interest 15 21 9 14 13 11 11 16 12 12 9
Depreciation 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 9 276 -3 -121 -0 17 5 33 -1 -41 -84
Tax % 43% 34% 48% 46% 147% 23% 2% 50% -99% 0% -1%
Net Profit 5 184 -2 -65 0 13 5 17 -3 -41 -85
EPS in Rs 1.74 61.51 -0.56 -21.81 0.07 4.43 1.56 5.58 -0.86 -13.58 -28.62

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
229 572 1,585 3,940 5,044 5,748 6,634 6,866 6,334 6,367 5,719 4,113 3,057
230 576 1,552 3,833 4,898 5,610 6,478 6,680 6,160 6,264 5,576 4,171 3,235
Operating Profit -1 -4 34 106 146 138 156 186 175 103 143 -58 -177
OPM % -0% -1% 2% 3% 3% 2% 2% 3% 3% 2% 2% -1% -6%
Other Income 25 97 58 14 26 10 9 -2 21 13 81 166 136
Interest 1 4 11 30 41 53 54 75 78 45 59 50 49
Depreciation 2 2 1 1 2 2 2 3 3 3 3 3 3
Profit before tax 22 88 79 89 129 93 109 106 115 68 162 55 -93
Tax % 14% 19% 16% 31% 33% 32% 32% 37% 34% 19% 24% 37%
Net Profit 19 71 66 61 87 63 74 67 76 55 124 35 -112
EPS in Rs 6.32 23.99 22.22 20.53 29.32 21.19 24.95 22.47 25.37 18.55 41.41 11.64 -37.48
Dividend Payout % 35% 19% 22% 16% 15% 6% 16% 13% 12% 8% 2% 0%
Compounded Sales Growth
10 Years:22%
5 Years:-9%
3 Years:-13%
TTM:-34%
Compounded Profit Growth
10 Years:14%
5 Years:-12%
3 Years:-20%
TTM:-138%
Stock Price CAGR
10 Years:-2%
5 Years:-15%
3 Years:-22%
1 Year:67%
Return on Equity
10 Years:8%
5 Years:7%
3 Years:7%
Last Year:3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 7 7 7 7 7 20 30 30 30 30 30 30
Reserves 504 560 609 662 735 792 840 868 928 983 1,100 1,141 1,097
Borrowings 3 8 146 290 330 324 265 395 283 528 1,141 1,105 1,116
310 166 1,381 2,733 2,737 3,231 4,104 3,476 2,648 2,023 1,017 532 490
Total Liabilities 824 741 2,142 3,691 3,809 4,353 5,229 4,769 3,889 3,563 3,288 2,808 2,733
64 64 68 164 54 61 59 35 86 147 166 164 164
CWIP 0 0 10 13 0 0 0 0 0 0 1 0 0
Investments 371 221 192 149 1,683 1,771 2,057 1,873 273 338 50 24 26
389 456 1,873 3,365 2,072 2,521 3,112 2,862 3,529 3,078 3,070 2,620 2,543
Total Assets 824 741 2,142 3,691 3,809 4,353 5,229 4,769 3,889 3,563 3,288 2,808 2,733

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
206 -195 398 840 -123 126 295 -224 12 -781 -1,272 -63
-3 107 66 -43 132 -98 -283 232 135 550 814 59
-6 -4 119 115 90 -54 -103 57 -190 189 548 -89
Net Cash Flow 197 -92 583 911 99 -26 -90 65 -42 -41 90 -93

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 % 3% 3% 10% 14% 16% 13% 14% 15% 15% 8% 12% 5%
Debtor Days 199 70 181 123 109 121 138 124 97 107 150 187
Inventory Turnover 37.17 485.47 26.80 25.23 26.69 29.28 32.61 31.45 30.69 31.53 30.00 28.74

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
75.00 75.00 75.00 75.00 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99
0.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.02 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.00 0.00
0.01 0.01 0.02 0.02 0.02 0.02 0.03 0.00 0.00 0.00 0.00 0.00
24.82 24.99 24.98 24.98 24.99 24.99 24.95 25.01 25.01 25.01 25.01 25.01

Documents