Krishca Strapping Solutions Ltd
Incorporated in 2017, Krishca Strapping
Solutions Ltd is in the business of manufacturing steel straps, seals, and to provide total packaging solution[1]
- Market Cap ₹ 282 Cr.
- Current Price ₹ 234
- High / Low ₹ 305 / 96.0
- Stock P/E 30.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 74.5 %
- ROE 149 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 87.6 to 60.7 days.
- Company's working capital requirements have reduced from 126 days to 64.7 days
Cons
- Promoter holding has decreased over last quarter: -23.8%
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
0.96 | 9.41 | 18.61 | 72.30 | |
2.41 | 8.83 | 15.51 | 58.48 | |
Operating Profit | -1.45 | 0.58 | 3.10 | 13.82 |
OPM % | -151.04% | 6.16% | 16.66% | 19.11% |
0.02 | 0.30 | 0.11 | 0.11 | |
Interest | 0.33 | 0.75 | 0.55 | 0.91 |
Depreciation | 0.48 | 0.81 | 0.95 | 1.26 |
Profit before tax | -2.24 | -0.68 | 1.71 | 11.76 |
Tax % | 0.45% | -0.00% | 12.28% | 20.58% |
-2.24 | -0.67 | 1.51 | 9.34 | |
EPS in Rs | -8.97 | -2.68 | 3.02 | 10.67 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 322% |
TTM: | 289% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 83% |
TTM: | 519% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 149% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 3.01 | 3.01 | 5.00 | 8.75 | 12.07 |
Reserves | -2.37 | -4.22 | -3.41 | 2.19 | 21.43 |
8.27 | 13.38 | 9.40 | 12.09 | 14.30 | |
0.25 | 0.75 | 4.46 | 11.84 | 10.42 | |
Total Liabilities | 9.16 | 12.92 | 15.45 | 34.87 | 58.22 |
5.51 | 6.14 | 4.50 | 3.94 | 4.27 | |
CWIP | 0.03 | -0.00 | 1.41 | 5.07 | 8.34 |
Investments | -0.00 | -0.00 | -0.00 | 0.25 | 0.26 |
3.62 | 6.78 | 9.54 | 25.61 | 45.35 | |
Total Assets | 9.16 | 12.92 | 15.45 | 34.87 | 58.22 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
-0.56 | -1.49 | 0.04 | 6.72 | |
-2.67 | -2.55 | -1.39 | -4.48 | |
3.09 | 4.25 | 1.49 | -2.39 | |
Net Cash Flow | -0.14 | 0.21 | 0.14 | -0.16 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 292.76 | 88.83 | 113.36 | 60.73 |
Inventory Days | 795.90 | 111.43 | 43.15 | 76.45 |
Days Payable | 20.28 | 32.98 | 30.44 | 57.70 |
Cash Conversion Cycle | 1,068.39 | 167.28 | 126.07 | 79.49 |
Working Capital Days | 1,273.70 | 225.75 | 87.67 | 64.72 |
ROCE % | 0.66% | 19.52% | 74.49% |
Documents
Announcements
- Updates 25 April 2024
- Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 18 April 2024
- Disclosure under SEBI Takeover Regulations 12 April 2024
- Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 11 April 2024
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 4 April 2024
Concalls
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Jun 2023Transcript PPT
Business Overview:[1]
KSSL is a Chennai-based manufacturer and wholesaler of High Tensile Steel
Straps, Strapping Seals and Strapping Tools for packaging. It has India's first
Lead-Free and eco-friendly production line for the heat treatment of steel
strapping