Kranti Industries Ltd

Kranti Industries Ltd

₹ 64.7 4.27%
22 Nov - close price
About

Incorporated in 2019, Kranti Industries Limited is a precision machining company in the auto ancillary and allied sectors[1]

Key Points

Business Overview:[1][2]
Company is an OEM supplier of all types
of Critical Machined Components to Indian
and global automobile companies. It manufactures machines casting for transmission, axles, chassis, engines, and other parts for the automotive industry including electric vehicles.

  • Market Cap 73.9 Cr.
  • Current Price 64.7
  • High / Low 98.3 / 59.0
  • Stock P/E
  • Book Value 28.7
  • Dividend Yield 0.00 %
  • ROCE 6.65 %
  • ROE 2.69 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.13% over past five years.
  • Company has a low return on equity of 6.67% over last 3 years.
  • Debtor days have increased from 39.3 to 60.4 days.
  • Promoter holding has decreased over last 3 years: -5.11%

* 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: Auto Ancillaries Industry: Auto Ancillaries

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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
24.99 25.59 22.23 23.75 24.31 21.21 22.13 23.25 19.20 19.14 20.08 18.64 17.97
22.77 22.94 20.55 20.78 21.66 19.16 20.67 20.84 16.07 17.18 17.57 16.61 15.79
Operating Profit 2.22 2.65 1.68 2.97 2.65 2.05 1.46 2.41 3.13 1.96 2.51 2.03 2.18
OPM % 8.88% 10.36% 7.56% 12.51% 10.90% 9.67% 6.60% 10.37% 16.30% 10.24% 12.50% 10.89% 12.13%
0.03 0.04 0.05 0.02 0.01 -0.07 0.17 0.17 -0.12 0.04 0.13 0.11 0.17
Interest 0.42 0.52 0.62 0.62 0.63 0.57 0.44 0.74 0.78 0.73 0.79 0.82 0.81
Depreciation 0.94 1.02 1.04 0.95 0.96 0.96 1.05 1.30 1.50 1.57 1.75 1.43 1.52
Profit before tax 0.89 1.15 0.07 1.42 1.07 0.45 0.14 0.54 0.73 -0.30 0.10 -0.11 0.02
Tax % 0.00% 50.43% 14.29% 26.76% 38.32% 8.89% 121.43% 29.63% 8.22% 30.00% -20.00% -36.36% -100.00%
0.88 0.58 0.06 1.03 0.65 0.41 -0.03 0.38 0.66 -0.39 0.12 -0.07 0.03
EPS in Rs 0.83 0.55 0.06 0.98 0.62 0.39 -0.03 0.36 0.58 -0.34 0.11 -0.06 0.03
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
30.62 35.25 34.43 25.54 24.26 42.10 57.88 47.55 54.01 91.77 91.40 81.66 75.83
25.90 27.89 28.16 20.85 20.38 36.80 50.60 44.39 49.41 83.34 82.27 71.63 67.15
Operating Profit 4.72 7.36 6.27 4.69 3.88 5.30 7.28 3.16 4.60 8.43 9.13 10.03 8.68
OPM % 15.41% 20.88% 18.21% 18.36% 15.99% 12.59% 12.58% 6.65% 8.52% 9.19% 9.99% 12.28% 11.45%
0.00 0.26 0.88 0.35 0.45 0.09 0.45 0.24 0.42 0.17 0.13 0.21 0.45
Interest 0.00 3.23 3.24 2.20 2.17 2.02 2.16 1.56 1.65 2.00 2.26 3.05 3.15
Depreciation 4.00 3.91 3.61 3.08 2.83 2.53 2.66 2.82 3.49 3.90 3.92 6.13 6.27
Profit before tax 0.72 0.48 0.30 -0.24 -0.67 0.84 2.91 -0.98 -0.12 2.70 3.08 1.06 -0.29
Tax % 48.61% 14.58% 30.00% 20.83% -5.97% -30.95% 30.58% -26.53% -50.00% 21.85% 32.79% 28.30%
0.37 0.41 0.20 -0.29 -0.63 1.10 2.02 -0.72 -0.06 2.10 2.06 0.76 -0.31
EPS in Rs 7.40 8.20 3.33 -0.34 -0.74 1.29 1.91 -0.68 -0.06 1.99 1.95 0.67 -0.26
Dividend Payout % 0.00% 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: 9%
5 Years: 7%
3 Years: 15%
TTM: -12%
Compounded Profit Growth
10 Years: 7%
5 Years: -15%
3 Years: 58%
TTM: -122%
Stock Price CAGR
10 Years: %
5 Years: 22%
3 Years: 26%
1 Year: -27%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 7%
Last Year: 3%

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 4.00 4.00 4.70 7.05 7.05 7.05 8.80 8.80 8.80 10.56 10.56 11.41 11.41
Reserves 6.34 6.76 8.36 5.72 5.01 6.12 11.57 10.85 11.37 11.66 13.75 21.47 21.36
27.92 26.55 22.48 21.81 19.91 18.35 16.63 20.63 23.43 24.77 32.44 34.67 38.99
3.12 3.29 5.37 4.10 6.60 8.80 6.87 8.37 13.45 12.15 13.60 15.88 17.07
Total Liabilities 41.38 40.60 40.91 38.68 38.57 40.32 43.87 48.65 57.05 59.14 70.35 83.43 88.83
29.08 28.71 23.92 22.64 20.80 19.27 21.85 31.73 33.40 36.17 44.65 47.67 51.06
CWIP 0.00 0.06 0.00 0.00 0.00 0.06 0.55 0.01 0.98 4.29 2.77 0.07 0.07
Investments 2.85 2.85 2.85 2.85 2.85 2.85 3.00 3.59 3.14 3.36 3.35 4.40 4.40
9.45 8.98 14.14 13.19 14.92 18.14 18.47 13.32 19.53 15.32 19.58 31.29 33.30
Total Assets 41.38 40.60 40.91 38.68 38.57 40.32 43.87 48.65 57.05 59.14 70.35 83.43 88.83

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
0.00 0.00 4.35 5.49 3.95 4.57 5.45 6.83 4.07 8.20 5.37 0.29
0.00 0.00 0.07 -2.85 0.08 -0.94 -5.91 -11.63 -4.10 -5.54 -10.77 -7.29
0.00 0.00 -5.22 -2.87 -4.07 -3.58 1.82 3.41 0.96 -4.24 5.41 7.01
Net Cash Flow 0.00 0.00 -0.79 -0.22 -0.04 0.05 1.37 -1.40 0.93 -1.58 0.00 0.01

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 35.40 41.73 86.72 65.60 90.72 74.56 45.66 26.18 57.85 24.22 33.43 60.39
Inventory Days 17.45 36.99 36.86 107.15 167.67 96.26 57.64 88.96 86.20 49.40 55.31 88.21
Days Payable 5.91 11.55 40.51 59.84 146.14 104.45 41.03 82.91 115.01 50.30 60.10 64.94
Cash Conversion Cycle 46.94 67.18 83.07 112.91 112.26 66.37 62.27 32.23 29.04 23.32 28.64 83.65
Working Capital Days 13.83 26.20 49.61 47.45 41.22 34.94 34.12 13.51 31.56 15.15 27.47 53.77
ROCE % 1.92% 9.82% 8.29% 5.33% 4.27% 8.91% 13.72% 0.98% 2.86% 10.38% 10.12% 6.65%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.23% 74.23% 74.23% 74.23% 74.33% 74.34% 74.34% 68.86% 68.89% 69.03% 69.10% 69.12%
25.77% 25.77% 25.77% 25.76% 25.69% 25.66% 25.66% 31.14% 31.10% 30.98% 30.90% 30.88%
No. of Shareholders 9751,3421,9392,6552,8442,9723,3263,6303,6403,7573,8023,902

Documents

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