Kothari Industrial Corporation Ltd

₹ 61.9 1.99%

03 Dec - close price

About

Incorporated in 1970, Kothari Industrial Corporation Ltd manufactures fertilizers,
FMCG and Health Care products^[1]

Key Points

Business Overview:^[1]^[2]
The company produced Single Super Phosphate at its Ennore, Chennai unit. Production was discontinued due to a scarcity of quality raw materials and a lack of working capital. The company offered M/s. Coromandal International Ltd to operate the facilities on a lease basis, as they are in a similar business.

Currently, company has leased out its factory to M/s. Coromandel International Ltd for business arrangements and modernization of factory for 5 years; starting from FY21.

Website BSE

Market Cap ₹ 263 Cr.
Current Price ₹ 61.9
High / Low ₹ 61.9 / 1.80
Stock P/E 6.16
Book Value ₹ 12.0
Dividend Yield 0.00 %
ROCE -170 %
ROE %
Face Value ₹ 5.00

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company is expected to give good quarter
Promoter holding has increased by 31.9% over last quarter.

Cons

Stock is trading at 5.14 times its book value
The company has delivered a poor sales growth of -5.75% over past five years.
Company might be capitalizing the interest cost

* 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: Trading Industry: Trading

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	3.95	1.95	1.65	1.97	1.78	1.68	4.16	1.96	6.01	2.17	3.50	13.45	21.71
	4.79	2.73	3.37	3.08	3.05	3.36	6.84	3.50	7.29	6.60	16.14	13.07	21.25
Operating Profit	-0.84	-0.78	-1.72	-1.11	-1.27	-1.68	-2.68	-1.54	-1.28	-4.43	-12.64	0.38	0.46
OPM %	-21.27%	-40.00%	-104.24%	-56.35%	-71.35%	-100.00%	-64.42%	-78.57%	-21.30%	-204.15%	-361.14%	2.83%	2.12%
	4.18	0.73	-2.39	0.28	0.39	0.14	-2.38	0.41	65.65	0.52	-0.12	0.18	0.25
Interest	0.00	0.02	9.68	2.81	2.82	2.82	2.90	3.28	0.02	0.00	2.69	0.02	0.01
Depreciation	0.02	0.02	0.05	0.04	0.03	0.01	0.03	0.02	0.02	0.15	0.07	0.27	0.60
Profit before tax	3.32	-0.09	-13.84	-3.68	-3.73	-4.37	-7.99	-4.43	64.33	-4.06	-15.52	0.27	0.10
Tax %	0.00%	0.00%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	3.32	-0.09	-13.90	-3.68	-3.73	-4.37	-7.99	-4.43	64.34	-4.07	-15.52	0.27	0.09
EPS in Rs	2.66	-0.07	-11.13	-2.95	-2.99	-3.50	-6.40	-3.55	51.54	-3.26	-12.43	0.22	0.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
	106	79	52	48	34	16	18	18	12	9	10	14	41
	107	89	58	51	33	19	21	20	13	13	16	34	57
Operating Profit	-2	-11	-6	-3	1	-3	-3	-3	-1	-4	-7	-20	-16
OPM %	-2%	-13%	-12%	-6%	3%	-17%	-14%	-15%	-9%	-38%	-70%	-146%	-40%
	2	5	1	2	1	1	4	-4	1	3	-2	63	1
Interest	2	2	0	0	3	0	0	0	0	10	11	3	3
Depreciation	0	1	0	5	4	0	0	0	0	0	0	0	1
Profit before tax	-2	-9	-6	-6	-6	-3	1	-7	-1	-11	-20	40	-19
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	1%	0%	21%
	-2	-9	-6	-6	-6	-3	1	-7	-1	-11	-20	32	-19
EPS in Rs	-1.67	-6.91	-4.71	-4.54	-4.57	-2.03	0.49	-5.65	-0.54	-8.80	-15.84	25.38	-15.45
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	-16%
5 Years:	-6%
3 Years:	5%
TTM:	196%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	378%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	6	6	6	10	10	10	10	10	10	10	10	6	21
Reserves	11	-2	-12	-21	-27	2	4	-4	-4	-37	-57	2	30
	25	20	16	15	11	12	13	13	13	63	73	33	11
	44	43	49	49	53	57	56	44	45	12	23	11	9
Total Liabilities	86	67	59	53	47	81	82	63	64	46	48	52	71
	45	41	37	31	27	59	59	42	42	27	28	30	36
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
	40	26	22	22	20	22	23	21	22	19	20	22	35
Total Assets	86	67	59	53	47	81	82	63	64	46	48	52	71

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	2	1	2	0	8	-4	1	-26	1	-22	1	-35
	-1	2	1	0	0	-0	-0	24	0	4	-0	111
	-2	-3	-4	-0	-8	4	-1	2	-1	18	-1	-75
Net Cash Flow	-1	-0	-1	0	-0	-1	-0	-0	-0	-0	0	1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	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	17	28	17	22	25	110	100	123	154	87	104	5
Inventory Days	55	21	22	23	25	77	45	38	58	111	120	56
Days Payable	86	76	62	66	62	385	319	201	285	119	86	16
Cash Conversion Cycle	-14	-27	-23	-21	-11	-198	-174	-41	-74	79	137	45
Working Capital Days	-60	-99	-193	-208	-370	-935	-879	-665	-1,029	-66	-432	5
ROCE %	-1%	-27%	-33%	-82%		-15%	-9%	-9%	-4%	-11%	-20%	-170%

Shareholding Pattern

Numbers in percentages

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	48.69%	48.69%	48.69%	48.69%	48.69%	48.69%	21.45%	21.45%	21.45%	21.45%	21.45%	53.38%
	14.52%	14.52%	14.52%	14.51%	14.51%	14.51%	22.22%	22.22%	22.22%	22.22%	20.86%	5.99%
	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.03%	0.03%	0.00%
	36.77%	36.77%	36.77%	36.78%	36.77%	36.77%	56.29%	56.29%	56.29%	56.29%	57.65%	40.63%
No. of Shareholders	50,745	50,749	50,759	50,755	50,759	50,759	50,711	50,685	50,661	50,663	50,508	50,317

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
	25.53%	48.68%	48.68%	48.68%	48.68%	48.68%	48.69%	48.69%	48.69%	21.45%	53.38%
	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	22.33%	14.59%	14.59%	14.59%	14.59%	14.52%	14.52%	14.52%	14.51%	22.22%	5.99%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.02%	0.02%	0.02%	0.03%	0.00%
	52.13%	36.71%	36.73%	36.73%	36.73%	36.78%	36.77%	36.77%	36.77%	56.29%	40.63%
No. of Shareholders	51,800	51,847	51,856	51,855	51,812	50,680	50,768	50,749	50,759	50,663	50,317

* 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

Announcements

All

Kothari Industrial Corporation Ltd

Kothari Industrial Corporation Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports