Kalyani Steels Ltd

Kalyani Steels Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kalyani Steels Ltd

₹ 495 1.78%
05 Dec - close price
kalyanisteels.com BSE: 500235 NSE : KSL
About

Kalyani Steels Ltd, a part of Kalyani Group, is primarily engaged in the business of manufacture and sale of Iron and Steel Products. [1][2]

Key Points

Products
The product portfolio of the Co consists of camshafts, connecting rods, gears, transmission shafts, axle beams, steering knuckles, etc for Automotive Industry, round casts for Seamless Tube Industry, rolled bars for Engineering Applications, etc. [1]

Website BSE NSE
  • Market Cap ₹ 2,163 Cr.
  • Current Price ₹ 495
  • High / Low ₹ 558 / 281
  • Stock P/E 9.47
  • Book Value ₹ 359
  • Dividend Yield 2.02 %
  • ROCE 13.3 %
  • ROE 11.7 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 20.5%

Cons

  • Working capital days have increased from 54.8 days to 94.4 days

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
322 368 377 390 461 407 449 493 500 447 460 497 480
261 284 273 294 375 346 352 457 449 390 358 404 387
Operating Profit 61 84 104 96 86 61 97 36 51 57 102 92 93
OPM % 19% 23% 28% 25% 19% 15% 22% 7% 10% 13% 22% 19% 19%
11 9 12 12 13 12 10 13 13 16 15 12 9
Interest 1 1 3 3 3 3 3 5 6 9 9 7 9
Depreciation 11 11 11 11 11 12 12 12 12 12 13 16 15
Profit before tax 60 81 102 93 83 58 91 32 46 52 95 82 78
Tax % 25% 25% 26% 25% 26% 26% 25% 26% 25% 25% 26% 26% 26%
45 60 76 70 62 43 68 24 35 39 70 61 58
EPS in Rs 10.35 13.86 17.38 16.02 14.15 9.80 15.67 5.41 7.93 8.95 15.97 14.03 13.36
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
976 809 1,116 1,226 1,180 1,257 1,345 1,407 1,199 1,188 1,706 1,899 1,883
934 732 987 1,059 945 970 1,142 1,194 1,004 925 1,367 1,654 1,539
Operating Profit 43 77 129 168 235 288 203 212 195 263 339 246 344
OPM % 4% 9% 12% 14% 20% 23% 15% 15% 16% 22% 20% 13% 18%
27 7 12 2 3 13 17 25 23 43 46 56 53
Interest 21 22 17 15 12 10 9 7 8 7 13 28 33
Depreciation 26 24 34 31 52 52 37 38 43 44 46 49 56
Profit before tax 22 38 89 124 174 239 175 192 168 255 326 225 307
Tax % 2% 37% 35% 33% 35% 35% 34% 31% 18% 25% 25% 26%
22 24 59 83 114 156 115 132 137 190 243 167 228
EPS in Rs 5.05 5.47 13.42 19.08 26.02 35.85 26.32 30.25 31.41 43.59 55.65 38.26 52.31
Dividend Payout % 20% 27% 22% 0% 0% 14% 19% 17% 16% 17% 18% 26%
Compounded Sales Growth
10 Years: 9%
5 Years: 7%
3 Years: 17%
TTM: 2%
Compounded Profit Growth
10 Years: 21%
5 Years: 8%
3 Years: 7%
TTM: 35%
Stock Price CAGR
10 Years: 25%
5 Years: 18%
3 Years: 24%
1 Year: 35%
Return on Equity
10 Years: 17%
5 Years: 16%
3 Years: 16%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 22 22 22 22 22 22 22 22 22 22 22 22 22
Reserves 317 333 376 454 568 680 763 869 942 1,132 1,346 1,468 1,543
227 170 206 219 327 239 169 18 0 168 438 506 260
232 311 430 390 338 421 325 422 400 328 551 355 352
Total Liabilities 798 836 1,035 1,084 1,255 1,361 1,278 1,330 1,364 1,650 2,356 2,351 2,176
191 337 339 442 488 436 437 422 418 382 358 599 591
CWIP 60 14 10 13 0 5 5 5 5 11 154 18 61
Investments 69 49 31 77 249 234 280 366 177 144 147 146 146
479 436 654 552 517 686 557 537 763 1,113 1,696 1,587 1,378
Total Assets 798 836 1,035 1,084 1,255 1,361 1,278 1,330 1,364 1,650 2,356 2,351 2,176

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
100 132 39 114 161 152 191 286 257 62 263 -126
-39 -87 -43 -107 -255 -38 -77 -117 -183 -226 -470 153
-60 -55 12 -19 97 -98 -105 -181 -80 160 218 -39
Net Cash Flow 1 -10 8 -12 2 16 10 -12 -6 -3 11 -12

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 74 81 108 98 107 135 102 80 72 77 89 78
Inventory Days 71 103 112 97 90 81 53 71 74 71 82 100
Days Payable 68 121 160 131 120 147 88 153 184 140 172 81
Cash Conversion Cycle 77 63 60 64 77 69 67 -1 -39 7 -1 97
Working Capital Days 77 71 75 76 78 65 53 25 11 35 35 94
ROCE % 7% 11% 19% 21% 23% 27% 19% 20% 19% 23% 22% 13%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
64.71% 64.71% 64.71% 64.71% 64.71% 64.71% 64.69% 64.70% 64.70% 64.70% 64.70% 64.70%
1.94% 2.39% 2.92% 3.05% 3.04% 0.00% 3.06% 2.88% 2.88% 2.89% 2.85% 2.73%
6.50% 7.23% 9.13% 9.13% 9.14% 9.13% 9.13% 9.14% 9.14% 9.04% 9.26% 8.75%
26.84% 25.67% 23.23% 23.11% 23.11% 26.15% 23.12% 23.29% 23.28% 23.39% 23.18% 23.81%
No. of Shareholders 45,79342,58342,43545,67944,20444,49643,81143,09442,59442,39041,83642,757

* 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.

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