Kross Ltd
₹ 218
-1.44%
13 Dec
- close price
About
Established in 1991, Kross Ltd manufactures and supplies trailer axles, suspensions, and a wide range of forged and precision machined safety critical parts for medium and heavy-duty commercial vehicles (M&HCV) and agricultural equipment.[1]
Key Points
- Market Cap ₹ 1,406 Cr.
- Current Price ₹ 218
- High / Low ₹ 271 / 158
- Stock P/E 31.3
- Book Value ₹ 62.6
- Dividend Yield 0.00 %
- ROCE 33.5 %
- ROE 36.1 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 160 | 184 | 297 | 489 | 620 | |
| 143 | 165 | 268 | 431 | 539 | |
| Operating Profit | 17 | 19 | 30 | 58 | 81 |
| OPM % | 10% | 10% | 10% | 12% | 13% |
| 0 | 0 | 0 | 1 | 1 | |
| Interest | 10 | 9 | 8 | 12 | 15 |
| Depreciation | 4 | 5 | 6 | 4 | 6 |
| Profit before tax | 3 | 6 | 16 | 42 | 61 |
| Tax % | 31% | 18% | 25% | 26% | 27% |
| 2 | 5 | 12 | 31 | 45 | |
| EPS in Rs | 1.44 | 3.53 | 9.00 | 22.87 | 8.30 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 112% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 27 | 32 |
| Reserves | 45 | 46 | 59 | 89 | 120 | 372 |
| 65 | 83 | 86 | 88 | 118 | 34 | |
| 35 | 31 | 39 | 60 | 87 | 96 | |
| Total Liabilities | 158 | 174 | 197 | 251 | 352 | 534 |
| 59 | 59 | 76 | 89 | 106 | 107 | |
| CWIP | 6 | 11 | -0 | -0 | 5 | 9 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 |
| 93 | 104 | 121 | 161 | 240 | 416 | |
| Total Assets | 158 | 174 | 197 | 251 | 352 | 534 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 16 | 1 | 18 | 42 | 8 | |
| -13 | -10 | -12 | -19 | -30 | |
| -4 | 5 | -6 | -11 | 14 | |
| Net Cash Flow | -0 | -4 | 0 | 12 | -7 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 79 | 81 | 62 | 39 | 65 |
| Inventory Days | 182 | 177 | 94 | 78 | 86 |
| Days Payable | 76 | 67 | 44 | 43 | 50 |
| Cash Conversion Cycle | 185 | 192 | 112 | 74 | 100 |
| Working Capital Days | 133 | 148 | 102 | 65 | 86 |
| ROCE % | 11% | 16% | 31% | 33% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
-
Disclosure Under Regulation 29 (2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
2d - Acquisition of 35,000 equity shares by Sudhir Rai.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Dec - Schedule of Analyst/Investor meetings on 13th December.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 04Th December, 2024
4 Dec - Approved acquisition of 6.56 acres for future expansion.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2 Dec
Concalls
-
Nov 2024Transcript PPT
Business Profile[1] Co. manufactures forging and machined precision components. Recognized for trailer axles and suspension assemblies in India, it also specializes in differential spiders for the M&HCV segment (CRISIL Report). It's expertise includes high-precision safety-critical components like companion flanges, axle shafts, anti-roll bars, bevel gear assemblies, suspension linkages, and various tractor components for hydraulic lifts.