Kesar Petroproducts Ltd

Kesar Petroproducts Ltd

₹ 23.6 1.33%
22 Nov - close price
About

Incorporated in 1990, Kesar Petroproducts Ltd manufactures and markets Organic Chemicals and Pigments[1]

Key Points

Business Overview:[1][2]
Company is a manufacturer of Phthalocyanine Blue Crude range of pigments, dye intermediates and its downstream products in India and contribute up to 15% of the entire Copper Phthalocyanine market of India. It has a global presence in 15 countries

Product Profile:
a) Pigment:[3] CPC Crude Blue, CPC Crude Blue Activated, Alpha Blue 15.0, Alpha Blue 15.1, Beta Blue 15.3, Pigment Green 7
b) Naphthalene Intermediates:[4] Sulphonated Naphthalene, Nitro Naphthalene, Amino Naphthalene

  • Market Cap 228 Cr.
  • Current Price 23.6
  • High / Low 28.7 / 8.13
  • Stock P/E 23.8
  • Book Value 13.7
  • Dividend Yield 0.00 %
  • ROCE 3.14 %
  • ROE 3.48 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 67.5% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -0.70% over past five years.
  • Company has a low return on equity of 2.07% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.8.53 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: Chemicals Industry: Chemicals

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Quarterly Results

Figures in Rs. Crores

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
41.58 46.56 24.47 46.94 21.17 20.59 31.25 32.61 30.90 35.77 49.60 45.80 48.72
38.99 44.48 22.50 45.22 19.74 19.00 29.42 31.84 29.75 37.36 47.63 42.67 45.30
Operating Profit 2.59 2.08 1.97 1.72 1.43 1.59 1.83 0.77 1.15 -1.59 1.97 3.13 3.42
OPM % 6.23% 4.47% 8.05% 3.66% 6.75% 7.72% 5.86% 2.36% 3.72% -4.45% 3.97% 6.83% 7.02%
0.51 0.28 -0.15 0.44 0.35 0.33 0.37 0.42 0.53 4.65 2.07 0.59 1.22
Interest 0.03 0.02 0.14 0.22 0.13 0.16 0.54 0.42 0.28 0.30 0.39 0.26 0.34
Depreciation 1.51 1.50 1.51 1.50 1.51 1.51 1.51 0.68 0.88 0.79 1.30 0.84 0.84
Profit before tax 1.56 0.84 0.17 0.44 0.14 0.25 0.15 0.09 0.52 1.97 2.35 2.62 3.46
Tax % 0.00% 0.00% 170.59% 25.00% 28.57% 20.00% 206.67% 33.33% 25.00% 25.38% -29.79% 19.08% 15.61%
1.56 0.84 -0.12 0.33 0.10 0.20 -0.16 0.06 0.39 1.47 3.05 2.12 2.92
EPS in Rs 0.16 0.09 -0.01 0.03 0.01 0.02 -0.02 0.01 0.04 0.15 0.32 0.22 0.30
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
44 153 145 143 172 178 154 130 124 153 120 149 180
44 151 138 127 146 139 149 127 118 145 113 147 173
Operating Profit 1 2 7 16 26 39 6 3 6 8 7 2 7
OPM % 1% 2% 5% 11% 15% 22% 4% 2% 5% 5% 5% 2% 4%
0 0 0 0 1 2 1 1 1 1 1 8 9
Interest 0 0 0 0 1 1 2 1 0 0 1 1 1
Depreciation 0 0 1 1 1 2 5 5 6 6 6 4 4
Profit before tax 0 2 7 15 25 38 0 -3 1 3 1 5 10
Tax % 17% 21% 23% 18% 21% 20% 197% -3% 30% 10% 52% -1%
0 2 5 12 20 31 -0 -3 0 3 0 5 10
EPS in Rs 0.03 0.23 0.70 1.31 2.08 3.16 -0.03 -0.27 0.05 0.28 0.05 0.52 0.99
Dividend Payout % 0% 0% 14% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 0%
5 Years: -1%
3 Years: 6%
TTM: 56%
Compounded Profit Growth
10 Years: 10%
5 Years: 68%
3 Years: 69%
TTM: 1851%
Stock Price CAGR
10 Years: 17%
5 Years: 32%
3 Years: 64%
1 Year: 156%
Return on Equity
10 Years: 8%
5 Years: 1%
3 Years: 2%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

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 7 7 7 9 10 10 10 10 10 10 10 10 10
Reserves 1 2 35 57 79 109 109 106 107 109 110 115 123
6 6 7 9 5 0 8 8 16 21 50 63 66
14 38 41 20 34 35 21 28 20 19 18 22 18
Total Liabilities 28 54 90 96 127 154 147 152 152 158 188 209 216
8 10 37 36 39 43 43 41 51 49 47 56 54
CWIP 0 0 0 0 0 9 13 13 3 11 46 52 59
Investments 0 0 0 0 1 5 8 30 37 23 23 20 25
20 44 53 60 87 96 83 68 62 75 71 82 78
Total Assets 28 54 90 96 127 154 147 152 152 158 188 209 216

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
11 0 -10 -10 6 29 -1 30 5 -6 33 -20
0 -3 1 0 -4 -26 -10 -22 -8 -9 -42 -4
0 0 4 13 -3 -4 6 1 7 3 13 25
Net Cash Flow 11 -3 -5 3 -1 -1 -5 9 4 -12 3 1

Ratios

Figures in Rs. Crores

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 37 39 40 36 61 50 52 72 71 45 64 69
Inventory Days 27 4 13 45 57 76 67 70 51 48 83 79
Days Payable 112 100 105 59 90 84 56 91 67 51 64 54
Cash Conversion Cycle -47 -57 -52 23 28 43 62 51 55 43 84 93
Working Capital Days -46 -7 31 85 99 90 116 58 61 93 84 96
ROCE % 2% 15% 21% 24% 31% 37% 2% -1% 1% 2% 1% 3%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
63.85% 63.85% 63.85% 63.85% 63.85% 63.85% 63.85% 63.85% 63.85% 63.85% 63.85% 63.85%
0.02% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
36.13% 36.14% 36.14% 36.13% 36.14% 36.14% 36.13% 36.14% 36.14% 36.13% 36.14% 36.13%
No. of Shareholders 36,43536,27336,26836,25536,24835,99335,90835,56537,74240,11141,12840,442

* 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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