Kings Infra Ventures Ltd

Kings Infra Ventures Ltd

₹ 174 1.61%
22 Jul 3:31 p.m.
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 425 Cr.
  • Current Price 174
  • High / Low 237 / 113
  • Stock P/E 56.2
  • Book Value 23.6
  • Dividend Yield 0.00 %
  • ROCE 17.4 %
  • ROE 16.1 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 156 days to 97.8 days

Cons

  • Stock is trading at 7.35 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.91%

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
11.20 14.14 15.11 20.44 20.96 21.23 22.81 25.41
9.22 11.95 12.60 16.86 17.17 17.39 19.97 21.65
Operating Profit 1.98 2.19 2.51 3.58 3.79 3.84 2.84 3.76
OPM % 17.68% 15.49% 16.61% 17.51% 18.08% 18.09% 12.45% 14.80%
0.04 0.05 0.14 0.11 0.00 0.08 0.07 0.03
Interest 0.61 0.53 0.63 0.83 0.77 0.89 0.83 1.11
Depreciation 0.07 0.07 0.07 0.07 0.10 0.11 0.11 0.12
Profit before tax 1.34 1.64 1.95 2.79 2.92 2.92 1.97 2.56
Tax % 26.12% 26.22% 25.64% 25.81% 26.37% 26.37% 26.40% 29.30%
0.99 1.22 1.45 2.06 2.15 2.16 1.45 1.81
EPS in Rs 0.42 0.53 0.62 0.88 0.91 0.93 0.62 0.76
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
60.84 90.41
50.58 76.19
Operating Profit 10.26 14.22
OPM % 16.86% 15.73%
0.35 0.18
Interest 2.61 3.59
Depreciation 0.28 0.45
Profit before tax 7.72 10.36
Tax % 25.91% 27.12%
5.72 7.56
EPS in Rs 2.45 3.12
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 49%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 32%
Stock Price CAGR
10 Years: 37%
5 Years: 48%
3 Years: 68%
1 Year: 44%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Equity Capital 23.51 24.51
Reserves 12.44 33.25
29.41 37.46
5.92 6.26
Total Liabilities 71.28 101.48
20.92 21.68
CWIP 0.04 0.25
Investments 0.06 0.06
50.26 79.49
Total Assets 71.28 101.48

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
-1.73 -4.00
-2.65 -13.08
4.62 19.12
Net Cash Flow 0.24 2.04

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 93.77 0.00
Inventory Days 171.21 141.97
Days Payable 4.93 2.33
Cash Conversion Cycle 260.05 139.64
Working Capital Days 213.40 97.78
ROCE % 17.39%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
71.69% 71.69% 71.69% 71.69% 71.68% 71.68% 71.68% 71.68% 71.68% 71.68% 68.79% 68.79%
28.31% 28.31% 28.31% 28.31% 28.31% 28.30% 28.31% 28.31% 28.32% 28.31% 31.21% 31.22%
No. of Shareholders 2,2202,1794,2873,8854,8165,1815,3965,4367,0317,8169,3118,976

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