Krishca Strapping Solutions Ltd

Krishca Strapping Solutions Ltd

₹ 234 0.93%
26 Apr - close price
About

Incorporated in 2017, Krishca Strapping
Solutions Ltd is in the business of manufacturing steel straps, seals, and to provide total packaging solution[1]

Key Points

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

  • 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

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2023
27.62
21.99
Operating Profit 5.63
OPM % 20.38%
0.08
Interest 0.32
Depreciation 0.74
Profit before tax 4.65
Tax % 26.02%
3.44
EPS in Rs 2.85
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

May 2023Sep 2023Mar 2024
86.34% 62.59% 62.59%
0.00% 0.78% 0.00%
13.66% 36.64% 37.42%
No. of Shareholders 88011,747

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents