KRBL Ltd
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.(Source : 202003 Annual Report Page No:181)
- Market Cap ₹ 6,642 Cr.
- Current Price ₹ 290
- High / Low ₹ 471 / 276
- Stock P/E 11.1
- Book Value ₹ 201
- Dividend Yield 0.34 %
- ROCE 20.9 %
- ROE 16.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 10.6% over past five years.
- Dividend payout has been low at 12.0% of profits over last 3 years
* 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: FMCG Industry: Food - Processing - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,602 | 2,051 | 2,763 | 3,059 | 3,345 | 3,144 | 3,246 | 4,120 | 4,499 | 3,992 | 4,211 | 5,363 | 5,344 | |
1,372 | 1,756 | 2,359 | 2,571 | 2,895 | 2,495 | 2,467 | 3,269 | 3,627 | 3,168 | 3,548 | 4,424 | 4,576 | |
Operating Profit | 230 | 295 | 403 | 488 | 450 | 649 | 779 | 850 | 872 | 824 | 663 | 939 | 768 |
OPM % | 14% | 14% | 15% | 16% | 13% | 21% | 24% | 21% | 19% | 21% | 16% | 18% | 14% |
-20 | 38 | 67 | -1 | 92 | 6 | 40 | 15 | 22 | 22 | 42 | 92 | 131 | |
Interest | 72 | 78 | 76 | 81 | 67 | 55 | 69 | 68 | 62 | 24 | 13 | 15 | 18 |
Depreciation | 45 | 51 | 58 | 53 | 50 | 61 | 68 | 64 | 73 | 72 | 74 | 76 | 79 |
Profit before tax | 93 | 205 | 337 | 353 | 425 | 539 | 682 | 733 | 759 | 751 | 618 | 941 | 802 |
Tax % | 24% | 27% | 21% | 20% | 23% | 26% | 32% | 31% | 26% | 25% | 26% | 26% | |
71 | 150 | 265 | 281 | 327 | 401 | 462 | 503 | 559 | 560 | 460 | 701 | 599 | |
EPS in Rs | 2.93 | 6.22 | 11.27 | 11.93 | 13.91 | 17.04 | 19.62 | 21.38 | 23.77 | 23.80 | 19.54 | 29.77 | 25.80 |
Dividend Payout % | 10% | 13% | 11% | 14% | 14% | 12% | 12% | 12% | 12% | 15% | 18% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 6% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 9% |
3 Years: | 8% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | -3% |
3 Years: | 18% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 16% |
3 Years: | 15% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 23 |
Reserves | 645 | 774 | 996 | 1,235 | 1,437 | 1,848 | 2,256 | 2,694 | 3,095 | 3,662 | 4,040 | 4,661 | 4,578 |
938 | 870 | 1,380 | 1,351 | 1,167 | 1,090 | 1,245 | 1,428 | 572 | 369 | 145 | 250 | 87 | |
353 | 309 | 288 | 389 | 314 | 424 | 324 | 481 | 723 | 565 | 531 | 647 | 630 | |
Total Liabilities | 1,960 | 1,978 | 2,687 | 2,999 | 2,942 | 3,386 | 3,849 | 4,627 | 4,413 | 4,619 | 4,739 | 5,581 | 5,318 |
414 | 438 | 558 | 635 | 760 | 1,003 | 971 | 930 | 967 | 935 | 911 | 886 | 879 | |
CWIP | 8 | 15 | 14 | 114 | 100 | 2 | 2 | 1 | 12 | 9 | 2 | 16 | 31 |
Investments | 11 | 11 | 11 | 11 | 17 | 14 | 13 | 12 | 10 | 23 | 25 | 35 | 883 |
1,528 | 1,514 | 2,104 | 2,240 | 2,065 | 2,367 | 2,862 | 3,685 | 3,424 | 3,652 | 3,801 | 4,644 | 3,525 | |
Total Assets | 1,960 | 1,978 | 2,687 | 2,999 | 2,942 | 3,386 | 3,849 | 4,627 | 4,413 | 4,619 | 4,739 | 5,581 | 5,318 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
141 | 170 | -212 | 324 | 432 | 265 | 36 | -115 | 1,212 | 384 | 561 | -360 | |
-62 | -58 | -125 | -231 | -85 | -202 | -24 | 20 | -54 | -12 | -206 | 206 | |
-68 | -116 | 388 | -150 | -335 | -78 | 25 | 60 | -1,148 | -227 | -322 | 5 | |
Net Cash Flow | 11 | -3 | 51 | -57 | 11 | -15 | 36 | -36 | 10 | 145 | 32 | -149 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 52 | 35 | 37 | 38 | 17 | 27 | 28 | 35 | 19 | 18 | 25 | 19 |
Inventory Days | 369 | 289 | 283 | 287 | 249 | 331 | 414 | 395 | 323 | 392 | 336 | 404 |
Days Payable | 39 | 18 | 25 | 24 | 20 | 42 | 19 | 28 | 44 | 29 | 22 | 12 |
Cash Conversion Cycle | 382 | 306 | 295 | 301 | 246 | 316 | 423 | 402 | 298 | 382 | 339 | 412 |
Working Capital Days | 247 | 204 | 220 | 210 | 186 | 228 | 285 | 285 | 205 | 257 | 242 | 275 |
ROCE % | 12% | 17% | 20% | 17% | 19% | 21% | 23% | 21% | 21% | 20% | 15% | 21% |
Documents
Announcements
- Compliances - Under Regulation 40(9) Of SEBI LODR For The Year Ended 31 March 2024 11 Apr
- Compliance-Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) For The Financial Year Ended 31 March 2024 8 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Confirmation under Regulation 74(5) of DP Regulations for the quarter ended 31 March 2024
- Announcement Under Regulation 30 (LODR)-Media Interaction Of Mr. Ashish Jain, Chief Financial Officer Of Company 2 Apr
- Closure of Trading Window 29 Mar
Annual reports
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Financial Year 2023
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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 2015
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Financial Year 2014
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Financial Year 2013
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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
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Concalls
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India’s first integrated rice company – [1] With a 120-year heritage, KRBL is one of the major producers of rice products (both basmati and non-basmati rice), further it is engaged in the production of milling by-products like bran oil, furfural, rice bran, and de-oiled cakes.