Kings Infra Ventures Ltd

Kings Infra Ventures Ltd

₹ 141 -1.77%
22 Nov - close price
About

Incorporated in 1987, Kings Infra Ltd is in the business of Aquaculture and Infrastructure[1]

Key Points

Business Overview:[1][2]
Company covers the entire aquaculture value chain right from brood stock to packaging, branding and marketing the end product. It operates aquaculture farms in Tuticorin, Tamil Nadu, India.
It is involved in shrimp hatcheries, grow-out farms, contract farming, feed distribution and other ancillary services related to aquaculture.
Business Divisions:[3]
a) Infrastructure Division:
Creating infrastructure for projects in integrated life spaces, logistics, warehousing, hospitality, healthcare, education and clean energy.
b) Aquaculture Division:
The division is engaged in processing of sea food products that meet global food safety standards

  • Market Cap 347 Cr.
  • Current Price 141
  • High / Low 237 / 130
  • Stock P/E 35.3
  • Book Value 26.2
  • Dividend Yield 0.00 %
  • ROCE 17.6 %
  • ROE 16.6 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 45.8% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 87.6 to 108 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: Miscellaneous Industry: Aquaculture

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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
8.52 8.71 12.32 11.20 14.14 15.11 20.44 20.96 21.23 22.81 25.41 28.08 30.47
8.12 6.95 10.64 9.22 11.90 12.60 16.84 17.17 17.33 19.94 21.53 22.94 24.40
Operating Profit 0.40 1.76 1.68 1.98 2.24 2.51 3.60 3.79 3.90 2.87 3.88 5.14 6.07
OPM % 4.69% 20.21% 13.64% 17.68% 15.84% 16.61% 17.61% 18.08% 18.37% 12.58% 15.27% 18.30% 19.92%
1.12 0.06 0.05 0.04 0.05 0.14 0.11 0.00 0.08 0.07 0.03 0.04 0.09
Interest 0.55 0.50 0.59 0.61 0.53 0.63 0.83 0.77 0.89 0.83 1.11 1.11 1.19
Depreciation 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.10 0.11 0.11 0.12 0.22 0.33
Profit before tax 0.90 1.25 1.07 1.34 1.69 1.95 2.81 2.92 2.98 2.00 2.68 3.85 4.64
Tax % 24.44% 26.40% 27.10% 26.12% 25.44% 25.64% 25.62% 26.37% 25.84% 26.00% 27.99% 23.90% 25.22%
0.68 0.92 0.78 0.99 1.27 1.45 2.09 2.15 2.21 1.48 1.94 2.94 3.47
EPS in Rs 0.29 0.39 0.33 0.42 0.54 0.62 0.89 0.91 0.94 0.63 0.79 1.20 1.42
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
3 3 4 9 9 10 34 33 38 40 61 90 107
3 3 4 8 9 8 31 31 34 35 51 76 89
Operating Profit 1 0 0 1 1 1 3 3 4 5 10 14 18
OPM % 19% 11% 5% 10% 9% 12% 8% 8% 11% 13% 17% 16% 17%
0 0 0 -0 0 0 0 1 0 1 0 0 0
Interest 0 0 0 0 0 0 1 2 2 2 3 4 4
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax 1 0 0 0 0 1 2 1 2 4 8 11 13
Tax % 0% 19% 0% 0% 26% 27% 37% 55% 26% 27% 26% 27%
1 0 0 0 0 1 1 0 1 3 6 8 10
EPS in Rs 1.94 0.71 0.36 0.33 0.16 0.26 0.50 0.17 0.61 1.26 2.46 3.17 4.04
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 40%
5 Years: 22%
3 Years: 34%
TTM: 37%
Compounded Profit Growth
10 Years: 43%
5 Years: 46%
3 Years: 76%
TTM: 24%
Stock Price CAGR
10 Years: 25%
5 Years: 39%
3 Years: 59%
1 Year: -3%
Return on Equity
10 Years: 9%
5 Years: 11%
3 Years: 14%
Last Year: 17%

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 3 3 3 14 24 24 24 24 24 24 24 25 25
Reserves -0 -0 -0 0 0 1 2 2 4 7 12 33 40
17 17 19 11 8 7 15 16 23 23 29 37 51
18 20 6 8 4 6 5 4 4 4 6 6 11
Total Liabilities 37 40 28 33 36 38 45 46 54 57 71 101 126
1 1 1 1 1 1 2 2 22 21 21 21 23
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1 1 1 1 1 0 0 0 0 0 0 0 0
35 38 26 31 34 36 43 44 33 36 50 79 103
Total Assets 37 40 28 33 36 38 45 46 54 57 71 101 126

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
-0 -1 -3 -4 -4 0 2 2 15 5 -2 -4
-0 0 -0 0 -0 1 0 -1 -20 -3 -3 -13
-0 2 2 5 4 -1 -1 -2 6 -2 5 19
Net Cash Flow -0 1 -1 1 -0 -1 1 -1 1 -0 0 2

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 409 630 247 194 269 289 57 52 77 61 94 108
Inventory Days 4,109 2,539 1,132 1,138 428 449 218 223 171 142
Days Payable 0 46 145 0 30 19 13 1 5 2
Cash Conversion Cycle 4,518 630 2,740 1,180 269 1,427 456 482 282 283 260 248
Working Capital Days 2,517 2,842 2,033 938 1,043 1,065 393 402 245 205 182 208
ROCE % 6% 2% 1% 4% 3% 4% 7% 8% 9% 10% 18% 18%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
71.69% 71.69% 71.69% 71.68% 71.68% 71.68% 71.68% 71.68% 71.68% 68.79% 68.79% 68.79%
28.31% 28.31% 28.31% 28.31% 28.30% 28.31% 28.31% 28.32% 28.31% 31.21% 31.22% 31.23%
No. of Shareholders 2,1794,2873,8854,8165,1815,3965,4367,0317,8169,3118,97610,474

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