KDDL Ltd

KDDL Ltd

₹ 2,674 0.60%
13 Jun - close price
About

Incorporated in 1981, KDDL manufactures watch components like dials, hands and precision engineering goods under the brand name, Eigen. [1]

Key Points

Brand Portfolio
1. Ethos: Ethos Watches is India’s largest chain of luxury watch boutiques with 50 stores in India and over 60 premium luxury watch brands. [1]
2. Estima: It supplies high-quality stamped watch hands for the watch industry in Switzerland. [2]
3. Eigen Engineering: It specializes in precision press die design and manufacturing of metal stamping components, plastic injection molds, insert and over molds, etc. [3]
4. Taratec: Taratec KDDL manufactures Watch Dials, Watch Hands, and Indexes for global watch brands. [4]

  • Market Cap 3,352 Cr.
  • Current Price 2,674
  • High / Low 3,120 / 1,312
  • Stock P/E 32.6
  • Book Value 585
  • Dividend Yield 2.17 %
  • ROCE 18.1 %
  • ROE 17.2 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 35.9% CAGR over last 5 years

Cons

* 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: Consumer Durables Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
178 139 193 258 226 247 260 313 299 332 340 372 348
151 124 170 220 195 207 237 257 257 272 277 306 287
Operating Profit 27 15 23 38 31 40 23 56 42 59 62 66 61
OPM % 15% 11% 12% 15% 14% 16% 9% 18% 14% 18% 18% 18% 17%
3 6 3 3 3 3 5 4 7 6 6 8 9
Interest 6 6 6 6 6 6 6 6 6 7 7 6 6
Depreciation 11 10 11 12 12 12 12 12 13 15 17 17 17
Profit before tax 13 4 9 23 16 25 10 42 30 44 45 50 47
Tax % 29% 33% 28% 29% 29% 29% 35% 26% 29% 25% 27% 26% 26%
9 3 7 17 11 18 7 31 21 33 33 37 35
EPS in Rs 6.12 2.03 4.71 10.72 7.58 10.36 1.11 17.92 12.88 20.58 20.28 20.64 20.40
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
272 335 412 450 453 502 625 652 549 816 1,119 1,391
252 303 370 417 425 455 556 572 481 704 952 1,143
Operating Profit 20 32 42 33 28 47 69 80 68 113 168 248
OPM % 7% 9% 10% 7% 6% 9% 11% 12% 12% 14% 15% 18%
1 3 2 4 5 5 3 6 19 15 20 29
Interest 15 16 18 18 17 15 18 33 30 30 31 26
Depreciation 9 8 12 11 12 12 13 48 46 45 49 65
Profit before tax -3 11 14 8 4 25 40 5 11 52 108 186
Tax % -1% 18% 37% 47% 48% 28% 38% 139% 34% 29% 28% 26%
-3 9 9 4 2 18 25 -2 7 37 77 137
EPS in Rs -2.84 8.61 8.74 4.83 1.76 14.27 17.43 -0.46 4.45 25.08 42.75 81.90
Dividend Payout % -32% 16% 21% 29% 78% 16% 13% -398% 31% 12% 5% 5%
Compounded Sales Growth
10 Years: 15%
5 Years: 17%
3 Years: 36%
TTM: 24%
Compounded Profit Growth
10 Years: 31%
5 Years: 36%
3 Years: 163%
TTM: 92%
Stock Price CAGR
10 Years: 37%
5 Years: 44%
3 Years: 94%
1 Year: 92%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 16%
Last Year: 17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 9 9 9 10 11 11 12 12 12 13 13 13
Reserves 34 39 42 72 94 119 179 174 175 240 444 721
108 116 122 118 115 138 154 290 250 265 246 250
94 118 145 141 136 158 170 177 175 217 453 657
Total Liabilities 245 282 318 342 357 426 515 652 612 734 1,156 1,642
76 79 74 79 79 84 144 269 246 267 305 355
CWIP 1 1 3 3 5 24 7 3 5 2 13 42
Investments 1 1 1 1 1 1 1 1 1 2 3 6
167 201 241 259 272 317 363 379 359 463 835 1,239
Total Assets 245 282 318 342 357 426 515 652 612 734 1,156 1,642

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8 22 15 6 21 15 8 64 90 42 46 98
-11 -12 -12 -18 -19 -29 -27 -31 -22 -35 -267 66
4 -6 -3 10 13 15 24 -26 -60 14 227 17
Net Cash Flow 1 4 -0 -2 15 0 5 7 8 21 6 181

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 23 23 22 21 21 24 18 16 27 20 20 19
Inventory Days 274 262 257 244 246 243 243 244 254 216 221 225
Days Payable 115 131 129 103 93 104 86 84 98 82 74 57
Cash Conversion Cycle 182 153 150 162 174 163 175 176 183 155 167 187
Working Capital Days 87 70 79 89 91 87 96 95 115 101 99 107
ROCE % 7% 14% 16% 12% 9% 14% 17% 8% 8% 16% 18%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
46.87% 46.87% 46.87% 46.87% 46.87% 49.07% 49.25% 50.18% 50.22% 50.22% 50.22% 50.22%
19.61% 20.06% 20.11% 20.17% 20.12% 20.11% 12.60% 12.27% 12.50% 12.34% 11.83% 11.46%
9.26% 8.95% 8.28% 8.16% 8.13% 2.39% 2.13% 2.35% 2.33% 1.97% 1.67% 1.63%
0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.09% 0.10% 0.10% 0.13% 0.15% 0.11%
24.27% 24.12% 24.74% 24.80% 24.89% 28.36% 35.91% 35.10% 34.85% 35.34% 36.13% 36.58%
No. of Shareholders 5,0844,8157,2546,9497,1337,31510,24210,84313,91717,85821,11321,672

* 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

Concalls