Kriti Nutrients Ltd

Kriti Nutrients Ltd

₹ 116 -0.38%
14 Jun - close price
About

Incorporated in 1992, Kriti Nutrients Ltd is in the business of Soya Seed Extraction and Manufacturing & Selling of cooking oil[1]

Key Points

Business Overview:[1][2]
KNL is a part of Kriti Group. It is a non-GMO soya-based product manufacturing and processing company. It produces branded refined soya bean oil and value-added protein-based products under the brand Kriti an established name in Central India. The company manufactures soya protein and soya lecithin for downstream industrial users and markets, packages, and brands edible refined oil for its retail consumers.

  • Market Cap 582 Cr.
  • Current Price 116
  • High / Low 130 / 51.6
  • Stock P/E 12.9
  • Book Value 35.2
  • Dividend Yield 0.26 %
  • ROCE 34.3 %
  • ROE 29.3 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 21.7% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 7.12% over past five 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: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
200.64 159.70 154.81 238.69 199.69 193.76 200.27 221.67 181.18 211.82 133.46 166.80 172.27
197.77 157.07 151.69 231.34 193.47 190.06 192.83 210.85 171.94 193.69 120.78 148.20 159.47
Operating Profit 2.87 2.63 3.12 7.35 6.22 3.70 7.44 10.82 9.24 18.13 12.68 18.60 12.80
OPM % 1.43% 1.65% 2.02% 3.08% 3.11% 1.91% 3.71% 4.88% 5.10% 8.56% 9.50% 11.15% 7.43%
0.38 1.14 0.36 1.22 0.64 1.15 1.79 0.97 0.53 0.72 1.12 1.44 1.17
Interest 0.23 0.24 0.20 0.93 0.74 0.74 0.95 0.81 1.03 0.55 0.22 0.16 0.46
Depreciation 0.88 0.90 0.90 0.95 0.98 1.03 1.07 1.08 0.99 1.15 1.12 1.17 1.26
Profit before tax 2.14 2.63 2.38 6.69 5.14 3.08 7.21 9.90 7.75 17.15 12.46 18.71 12.25
Tax % 30.84% 25.48% 24.37% 24.66% 31.71% 32.14% 26.07% 21.62% 27.35% 26.65% 21.75% 24.16% 28.57%
1.48 1.95 1.80 5.05 3.50 2.08 5.33 7.75 5.63 12.58 9.75 14.19 8.75
EPS in Rs 0.30 0.39 0.36 1.01 0.70 0.42 1.06 1.55 1.12 2.51 1.95 2.83 1.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
466 288 310 358 456 461 485 520 690 753 797 684
456 276 296 343 442 429 454 496 668 733 766 622
Operating Profit 10 12 14 15 14 31 31 24 22 19 31 62
OPM % 2% 4% 5% 4% 3% 7% 6% 5% 3% 3% 4% 9%
1 1 2 1 3 2 1 3 2 3 4 4
Interest 6 5 5 5 5 5 2 2 1 2 4 1
Depreciation 3 3 2 2 2 3 3 3 3 4 4 5
Profit before tax 2 6 9 9 10 25 27 22 20 17 28 61
Tax % 50% 36% 34% 31% 34% 37% 37% 15% 26% 27% 26% 25%
1 4 6 6 6 16 17 19 15 12 21 45
EPS in Rs 0.21 0.71 1.15 1.26 1.26 3.15 3.38 3.79 3.01 2.46 4.15 9.04
Dividend Payout % 29% 14% 9% 10% 10% 6% 5% 5% 6% 7% 6% 3%
Compounded Sales Growth
10 Years: 9%
5 Years: 7%
3 Years: 0%
TTM: -14%
Compounded Profit Growth
10 Years: 29%
5 Years: 22%
3 Years: 45%
TTM: 118%
Stock Price CAGR
10 Years: 41%
5 Years: 38%
3 Years: 38%
1 Year: 93%
Return on Equity
10 Years: 22%
5 Years: 20%
3 Years: 20%
Last Year: 29%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 13 17 22 28 33 48 64 82 96 107 127 171
18 20 20 14 35 30 12 9 4 38 40 12
31 24 31 28 30 28 22 31 20 18 20 20
Total Liabilities 68 66 78 75 103 111 103 127 124 168 193 209
36 34 35 35 35 40 40 46 44 47 49 58
CWIP 0 0 0 0 0 0 0 0 3 5 6 1
Investments 0 0 0 0 0 0 0 0 0 0 0 12
32 31 43 41 68 70 63 81 77 115 138 139
Total Assets 68 66 78 75 103 111 103 127 124 168 193 209

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 4 6 12 -18 17 24 13 9 -11 20 50
-4 0 -1 -1 -1 -5 -3 -6 1 -20 -3 -29
-3 -5 -5 -11 18 -11 -21 -9 -7 31 -1 -30
Net Cash Flow 0 -0 -0 0 -0 1 0 -1 3 1 15 -10

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 4 5 8 5 12 10 10 16 5 6 6 11
Inventory Days 16 29 36 29 35 33 24 26 22 28 33 30
Days Payable 20 22 26 18 16 9 9 5 4 4 3 3
Cash Conversion Cycle -0 12 18 16 32 34 25 37 22 30 35 38
Working Capital Days -1 8 15 14 33 37 29 31 24 41 41 34
ROCE % 26% 27% 30% 29% 24% 39% 35% 27% 21% 15% 20% 34%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.35% 66.36% 66.36% 66.37% 66.37% 66.37% 66.37% 66.37% 66.67% 66.67% 66.69% 66.69%
33.65% 33.63% 33.63% 33.63% 33.63% 33.63% 33.63% 33.62% 33.34% 33.33% 33.31% 33.32%
No. of Shareholders 17,55316,29216,20421,12421,56320,71420,35819,98519,73619,59219,13919,664

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