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 ₹ 8,374 Cr.
- Current Price ₹ 366
- High / Low ₹ 370 / 226
- Stock P/E 17.6
- Book Value ₹ 229
- Dividend Yield 1.09 %
- ROCE 11.9 %
- ROE 9.44 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 4.45% over past five years.
- Company has a low return on equity of 12.5% over last 3 years.
- Dividend payout has been low at 11.9% 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
Part of BSE Fast Moving Consumer Goods BSE SmallCap BSE Allcap Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,763 | 3,059 | 3,345 | 3,144 | 3,246 | 4,120 | 4,499 | 3,992 | 4,211 | 5,365 | 5,385 | 5,594 | |
2,359 | 2,571 | 2,895 | 2,495 | 2,467 | 3,269 | 3,627 | 3,168 | 3,548 | 4,426 | 4,582 | 4,920 | |
Operating Profit | 403 | 488 | 450 | 649 | 779 | 850 | 872 | 824 | 663 | 939 | 802 | 674 |
OPM % | 15% | 16% | 13% | 21% | 24% | 21% | 19% | 21% | 16% | 18% | 15% | 12% |
67 | -1 | 92 | 6 | 40 | 15 | 22 | 22 | 42 | 92 | 97 | 61 | |
Interest | 76 | 81 | 67 | 55 | 69 | 68 | 62 | 24 | 13 | 15 | 24 | 15 |
Depreciation | 58 | 53 | 50 | 61 | 68 | 64 | 73 | 72 | 74 | 76 | 79 | 81 |
Profit before tax | 337 | 353 | 425 | 539 | 682 | 733 | 759 | 751 | 618 | 941 | 795 | 640 |
Tax % | 21% | 20% | 23% | 26% | 32% | 31% | 26% | 25% | 26% | 26% | 25% | 26% |
265 | 281 | 327 | 401 | 462 | 503 | 559 | 560 | 460 | 701 | 595 | 476 | |
EPS in Rs | 11.27 | 11.93 | 13.91 | 17.04 | 19.62 | 21.38 | 23.77 | 23.80 | 19.54 | 29.77 | 26.01 | 20.79 |
Dividend Payout % | 11% | 14% | 14% | 12% | 12% | 12% | 12% | 15% | 18% | 3% | 15% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 10% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | -3% |
3 Years: | 1% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 14% |
3 Years: | 18% |
1 Year: | 34% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 23 | 23 |
Reserves | 996 | 1,235 | 1,437 | 1,848 | 2,256 | 2,694 | 3,095 | 3,662 | 4,040 | 4,661 | 4,826 | 5,208 |
1,380 | 1,351 | 1,167 | 1,090 | 1,245 | 1,428 | 572 | 369 | 145 | 250 | 545 | 407 | |
288 | 389 | 314 | 424 | 324 | 481 | 723 | 565 | 531 | 647 | 523 | 578 | |
Total Liabilities | 2,687 | 2,999 | 2,942 | 3,386 | 3,849 | 4,627 | 4,413 | 4,619 | 4,739 | 5,581 | 5,917 | 6,215 |
558 | 635 | 760 | 1,003 | 971 | 930 | 967 | 935 | 911 | 886 | 890 | 909 | |
CWIP | 14 | 114 | 100 | 2 | 2 | 1 | 12 | 9 | 2 | 16 | 13 | 21 |
Investments | 11 | 11 | 17 | 14 | 13 | 12 | 10 | 23 | 25 | 35 | 119 | 355 |
2,104 | 2,240 | 2,065 | 2,367 | 2,862 | 3,685 | 3,424 | 3,652 | 3,801 | 4,644 | 4,895 | 4,931 | |
Total Assets | 2,687 | 2,999 | 2,942 | 3,386 | 3,849 | 4,627 | 4,413 | 4,619 | 4,739 | 5,581 | 5,917 | 6,215 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-212 | 324 | 432 | 265 | 36 | -115 | 1,212 | 384 | 561 | -360 | 226 | 960 | |
-125 | -231 | -85 | -202 | -24 | 20 | -54 | -12 | -206 | 206 | -87 | -523 | |
388 | -150 | -335 | -78 | 25 | 60 | -1,148 | -227 | -322 | 5 | -157 | -252 | |
Net Cash Flow | 51 | -57 | 11 | -15 | 36 | -36 | 10 | 145 | 32 | -149 | -18 | 186 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 37 | 38 | 17 | 27 | 28 | 35 | 19 | 18 | 25 | 19 | 21 | 31 |
Inventory Days | 283 | 287 | 249 | 331 | 414 | 395 | 323 | 392 | 336 | 404 | 406 | 336 |
Days Payable | 25 | 24 | 20 | 42 | 19 | 28 | 44 | 29 | 22 | 12 | 10 | 13 |
Cash Conversion Cycle | 295 | 301 | 246 | 316 | 423 | 402 | 298 | 382 | 339 | 412 | 417 | 354 |
Working Capital Days | 220 | 210 | 186 | 228 | 285 | 285 | 205 | 257 | 242 | 275 | 299 | 282 |
ROCE % | 20% | 17% | 19% | 21% | 23% | 21% | 21% | 20% | 15% | 21% | 16% | 12% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - KRBL's Annual Secretarial Compliance Report confirms full SEBI regulation compliance for FY 2024-25.
-
Announcement Under Reg 30- Media Interaction Of Mr. Ashish Jain With CNBC-TV18
19 May - KRBL CFO's media interaction on business updates aired on CNBC-TV18 on May 19, 2025.
-
Cancellation Of Schedule Of Earnings Conference Call
19 May - KRBL cancels Q4 FY25 earnings conference call scheduled for May 19, 2025, due to unforeseen circumstances.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Newspaper publication of Audited Financial Results of the Company for the Fourth Quarter and Financial year ended March 31, 2025
Annual reports
-
Financial Year 2024
from bse
-
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 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
May 2025TranscriptNotesPPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Jul 2024TranscriptNotesPPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT REC
-
Nov 2023TranscriptNotesPPT
-
Aug 2023Transcript PPT
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
Jun 2022Transcript PPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021Transcript PPT
-
Aug 2021TranscriptNotesPPT
-
Jul 2021Transcript PPT
-
Feb 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Dec 2020TranscriptPPT
-
Nov 2020Transcript PPT
-
Sep 2020TranscriptPPT
-
Sep 2020Transcript PPT
-
Jun 2020Transcript PPT
-
May 2020TranscriptPPT
-
May 2020TranscriptPPT
-
Feb 2020Transcript PPT
-
Nov 2019TranscriptPPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
May 2019Transcript PPT
-
Feb 2019Transcript PPT
-
Feb 2019TranscriptNotesPPT
-
Feb 2019Transcript PPT
-
Oct 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
Mar 2018TranscriptNotesPPT
Market Leadership
The company is India’s largest exporter of branded basmati rice. Its India Gate brand is recognized as the world’s no. 1 basmati rice brand. It also has the largest rice milling plant in Punjab. It possesses the largest contact farming network coverage for rice [1] As of Q1 FY25, the company has a market share of 37% in the general trade and 45% in the modern trade of basmati packaged rice in India as per Nielsen. [2]