Kamanwala Housing Construction Ltd

Kamanwala Housing Construction Ltd

₹ 17.1 0.35%
23 Dec - close price
About

Incorporated in 1984, Kamanwala Housing Construction Ltd is engaged in Real Estate Development business including construction of Residential and Commercial buildings and related activities.

Key Points

Business Overview:[1]
Company develops and sells properties on an outright basis, except in the case of old buildings taken up for conversion which are very few in number. Property is first identified by promoters and then company negotiates with the seller. All legal aspects are looked in detail. On completion of all requisite formalities satisfactorily, land acquisition is completed. KHCL undertakes projects either on its own, in partnership with the seller of the land, or as a joint venture with another construction company.

  • Market Cap 24.1 Cr.
  • Current Price 17.1
  • High / Low 23.6 / 13.0
  • Stock P/E
  • Book Value 49.2
  • Dividend Yield 0.00 %
  • ROCE -3.29 %
  • ROE -3.26 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.35 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -35.2% over past five years.
  • Company has a low return on equity of -2.02% over last 3 years.
  • Contingent liabilities of Rs.16.8 Cr.

* 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: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
1.95 0.73 0.00 0.00 1.45 0.00 2.43 2.80 0.00 0.00 0.00 0.67 0.00
2.76 1.04 0.27 0.29 1.60 0.16 10.80 3.10 0.08 0.07 2.41 0.78 0.09
Operating Profit -0.81 -0.31 -0.27 -0.29 -0.15 -0.16 -8.37 -0.30 -0.08 -0.07 -2.41 -0.11 -0.09
OPM % -41.54% -42.47% -10.34% -344.44% -10.71% -16.42%
0.60 0.28 0.71 0.25 0.11 0.12 0.01 0.27 0.00 0.00 0.31 0.00 0.00
Interest 0.02 0.00 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11
Depreciation -0.01 0.00 0.03 0.01 0.01 0.01 0.00 0.01 0.00 0.00 0.01 0.01 0.01
Profit before tax -0.22 -0.03 0.42 -0.05 -0.05 -0.05 -8.36 -0.04 -0.08 -0.07 -2.11 -0.12 -0.21
Tax % 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% -0.96% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.23 -0.04 0.40 -0.05 -0.05 -0.05 -8.28 -0.04 -0.08 -0.08 -2.11 -0.11 -0.21
EPS in Rs -0.16 -0.03 0.28 -0.04 -0.04 -0.04 -5.88 -0.03 -0.06 -0.06 -1.50 -0.08 -0.15
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
96.12 20.43 23.56 78.68 38.01 17.67 24.45 2.72 2.63 2.85 3.87 2.80 0.67
56.19 20.68 33.91 92.67 41.22 19.19 27.66 5.35 4.51 4.45 6.83 5.67 3.35
Operating Profit 39.93 -0.25 -10.35 -13.99 -3.21 -1.52 -3.21 -2.63 -1.88 -1.60 -2.96 -2.87 -2.68
OPM % 41.54% -1.22% -43.93% -17.78% -8.45% -8.60% -13.13% -96.69% -71.48% -56.14% -76.49% -102.50% -400.00%
1.54 12.47 20.91 10.16 4.83 2.26 3.33 2.97 1.79 1.80 -5.53 0.58 0.31
Interest 8.71 10.15 8.09 6.67 1.51 0.39 0.26 0.04 0.01 0.02 0.00 0.00 0.11
Depreciation 0.17 0.22 0.30 0.29 0.28 0.24 0.19 0.25 0.07 0.04 0.03 0.02 0.03
Profit before tax 32.59 1.85 2.17 -10.79 -0.17 0.11 -0.33 0.05 -0.17 0.14 -8.52 -2.31 -2.51
Tax % 25.10% 19.46% 22.58% -0.09% -47.06% -36.36% 3.03% -20.00% 5.88% 21.43% -0.94% 0.00%
24.41 1.49 1.68 -10.78 -0.09 0.16 -0.34 0.06 -0.17 0.11 -8.44 -2.31 -2.51
EPS in Rs 21.60 1.06 1.19 -7.65 -0.06 0.11 -0.28 0.09 -0.12 0.08 -5.83 -1.64 -1.79
Dividend Payout % 5.79% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -18%
5 Years: -35%
3 Years: 2%
TTM: -87%
Compounded Profit Growth
10 Years: 4%
5 Years: %
3 Years: %
TTM: 70%
Stock Price CAGR
10 Years: -1%
5 Years: 28%
3 Years: 18%
1 Year: 28%
Return on Equity
10 Years: -2%
5 Years: -1%
3 Years: -2%
Last Year: -3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 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 5.65 14.09 14.09 14.09 14.09 14.09 14.09 14.09 14.09 14.09 14.09 14.09 14.09
Reserves 60.19 75.06 76.71 65.93 66.04 66.25 65.95 66.00 65.91 66.05 57.88 55.61 55.31
97.03 85.43 72.84 66.39 17.43 10.16 7.30 6.24 1.62 1.58 1.63 1.66 1.66
100.00 18.62 27.99 28.81 37.31 35.34 17.60 16.39 8.78 7.19 4.19 4.77 3.19
Total Liabilities 262.87 193.20 191.63 175.22 134.87 125.84 104.94 102.72 90.40 88.91 77.79 76.13 74.25
2.20 14.70 15.14 6.39 4.95 6.75 0.32 0.06 0.10 0.33 0.28 0.26 0.25
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 19.01 1.68 2.83 0.69 0.69 0.69 0.69 0.69 4.42 4.73 4.72 4.75 5.12
241.66 176.82 173.66 168.14 129.23 118.40 103.93 101.97 85.88 83.85 72.79 71.12 68.88
Total Assets 262.87 193.20 191.63 175.22 134.87 125.84 104.94 102.72 90.40 88.91 77.79 76.13 74.25

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-21.88 -1.43 -0.23 32.35 17.13 17.57 0.25 7.50 0.29 1.32 -1.35
-18.71 7.74 18.34 5.23 -0.54 1.27 3.15 -2.33 1.24 0.51 0.55
41.04 -6.91 -17.25 -39.69 -16.27 -18.76 -4.85 -5.17 -1.45 -1.89 0.62
Net Cash Flow 0.45 -0.60 0.86 -2.11 0.31 0.07 -1.45 0.00 0.08 -0.07 -0.18

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 284.46 999.77 611.33 74.41 94.78 80.35 35.23 464.30 188.75 75.56 52.82 73.00
Inventory Days 885.51 1,940.56 1,054.90 269.64 320.72 573.06 194.86 1,547.60 1,488.08 1,261.63 899.77 1,243.61
Days Payable 142.71 100.41 48.38 8.38 16.96 205.66 113.36 1,257.22 157.54 119.02 22.64 28.68
Cash Conversion Cycle 1,027.26 2,839.92 1,617.85 335.67 398.54 447.75 116.73 754.68 1,519.28 1,218.17 929.95 1,287.93
Working Capital Days 543.25 2,165.52 1,742.43 401.46 480.33 847.33 717.31 6,175.48 6,025.97 5,045.96 3,185.03 4,141.45
ROCE % 32.02% 3.47% -2.86% 0.81% 0.61% -0.07% -0.07% -0.33% 0.20% -3.34% -3.29%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
41.69% 41.69% 41.69% 41.69% 41.69% 41.62% 41.62% 41.62% 41.42% 41.42% 41.42% 41.38%
58.31% 58.31% 58.31% 58.32% 58.31% 58.39% 58.38% 58.38% 58.57% 58.57% 58.57% 58.62%
No. of Shareholders 3,9714,0884,0894,1204,1324,2234,2054,4434,4025,0084,9745,361

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