Kranti Industries Ltd
₹ 97.0
-1.18%
25 Apr
- close price
About
Incorporated in 2019, Kranti Industries Limited is a precision machining company in the auto ancillary and allied sectors[1]
Key Points
- Market Cap ₹ 121 Cr.
- Current Price ₹ 97.0
- High / Low ₹ 110 / 59.0
- Stock P/E
- Book Value ₹ 30.4
- Dividend Yield 0.00 %
- ROCE 4.24 %
- ROE 0.28 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.19 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -6.04%
- Company has a low return on equity of 5.64% over last 3 years.
- Debtor days have increased from 38.3 to 56.8 days.
- Working capital days have increased from 39.0 days to 73.7 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: Auto Ancillaries Industry: Auto Ancillaries
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 28.36 | 28.77 | 46.03 | 60.70 | 48.97 | 55.73 | 93.66 | 93.24 | 90.29 | 79.11 | |
| 22.77 | 24.45 | 40.31 | 52.66 | 45.66 | 50.55 | 84.56 | 83.83 | 81.34 | 73.83 | |
| Operating Profit | 5.59 | 4.32 | 5.72 | 8.04 | 3.31 | 5.18 | 9.10 | 9.41 | 8.95 | 5.28 |
| OPM % | 19.71% | 15.02% | 12.43% | 13.25% | 6.76% | 9.29% | 9.72% | 10.09% | 9.91% | 6.67% |
| 0.57 | 0.56 | 0.07 | 0.48 | 0.29 | 0.41 | 0.17 | 4.10 | 0.61 | 0.78 | |
| Interest | 2.63 | 2.63 | 2.20 | 2.39 | 1.74 | 1.92 | 2.25 | 2.50 | 3.88 | 3.99 |
| Depreciation | 3.67 | 3.36 | 2.99 | 3.08 | 3.16 | 3.79 | 4.18 | 4.14 | 6.68 | 6.86 |
| Profit before tax | -0.14 | -1.11 | 0.60 | 3.05 | -1.30 | -0.12 | 2.84 | 6.87 | -1.00 | -4.79 |
| Tax % | 50.00% | -16.22% | -46.67% | 30.82% | -26.15% | -83.33% | 23.24% | 24.02% | -108.00% | |
| -0.21 | -0.94 | 0.90 | 2.11 | -1.04 | -0.13 | 2.22 | 5.22 | 0.07 | -2.41 | |
| EPS in Rs | -0.25 | -1.09 | 1.05 | 1.99 | -0.97 | -0.12 | 2.10 | 4.94 | 0.47 | -1.53 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 17% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -45% |
| 3 Years: | 30% |
| TTM: | -170% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 16% |
| 1 Year: | 30% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 6% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.05 | 7.05 | 7.05 | 8.80 | 8.80 | 8.80 | 10.56 | 10.56 | 11.41 | 11.41 |
| Reserves | 6.02 | 5.09 | 5.98 | 11.52 | 10.48 | 11.28 | 11.61 | 16.85 | 24.43 | 23.25 |
| 24.25 | 24.22 | 22.50 | 20.46 | 24.13 | 26.60 | 27.44 | 32.44 | 40.98 | 44.73 | |
| 4.03 | 7.65 | 8.82 | 6.73 | 8.21 | 13.33 | 12.13 | 13.73 | 14.66 | 15.40 | |
| Total Liabilities | 41.35 | 44.01 | 44.35 | 47.51 | 51.62 | 60.01 | 61.74 | 73.58 | 91.48 | 94.79 |
| 28.94 | 26.84 | 24.87 | 27.46 | 36.90 | 38.39 | 41.13 | 47.99 | 56.60 | 59.63 | |
| CWIP | 0.01 | 0.00 | 0.06 | 0.55 | 0.01 | 0.98 | 4.29 | 2.77 | 0.17 | 0.17 |
| Investments | 0.08 | 0.08 | 0.08 | 0.23 | 0.74 | 0.27 | 0.43 | 0.43 | 0.08 | 0.08 |
| 12.32 | 17.09 | 19.34 | 19.27 | 13.97 | 20.37 | 15.89 | 22.39 | 34.63 | 34.91 | |
| Total Assets | 41.35 | 44.01 | 44.35 | 47.51 | 51.62 | 60.01 | 61.74 | 73.58 | 91.48 | 94.79 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 6.45 | 4.28 | 5.04 | 6.46 | 7.18 | 4.41 | 9.16 | 5.61 | -0.55 | |
| -2.68 | -1.67 | -0.95 | -6.48 | -11.41 | -4.24 | -5.69 | -5.41 | -7.45 | |
| -3.97 | -2.67 | -4.03 | 1.39 | 2.83 | 0.75 | -5.05 | 2.50 | 4.90 | |
| Net Cash Flow | -0.20 | -0.06 | 0.05 | 1.37 | -1.39 | 0.92 | -1.58 | 2.70 | -3.10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63.45 | 96.80 | 71.29 | 45.64 | 27.21 | 59.80 | 24.98 | 33.20 | 56.80 |
| Inventory Days | 112.33 | 158.79 | 97.83 | 60.13 | 92.11 | 87.47 | 50.04 | 55.12 | 106.36 |
| Days Payable | 69.25 | 162.03 | 97.36 | 40.85 | 83.40 | 113.53 | 49.45 | 60.01 | 75.23 |
| Cash Conversion Cycle | 106.54 | 93.56 | 71.75 | 64.92 | 35.92 | 33.74 | 25.58 | 28.30 | 87.92 |
| Working Capital Days | 90.99 | 94.52 | 37.90 | 35.30 | 14.61 | 34.84 | 16.25 | 26.93 | 73.70 |
| ROCE % | 3.91% | 7.71% | 13.18% | 0.48% | 3.26% | 10.57% | 9.70% | 4.24% |
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
10h - Kranti Industries confirms non-applicability of Large Corporate criteria for FY 2025-26 as per SEBI.
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Board Meeting Intimation for Allotment Of 2,50,000 Equity Shares Upon Exercise Of Warrants On Preferential Basis
1d - Board meeting on April 29 to approve allotment of 2.5 lakh equity shares on preferential basis.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
19 Apr - Kranti acquires additional 4.84% stake in subsidiary PMPL, raising holding to 59.84%
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
17 Apr - KRANTI receives INR 89.41 lakh export order from CNH Industrial, Italia S.P.A.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
8 Apr - Received purchase order for Heavy Duty Gearbox.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
Business Overview:[1][2]
Company is an OEM supplier 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.