Kesar India Ltd
Incorporated in 2002, Kesar Lands Ltd is
in the business of real estate development and constructing residential and commercial projects, industrial buildings, factory buildings, workshop buildings, etc. All the projects are marketed under the brand name, "Kesar Lands".
- Market Cap ₹ 2,089 Cr.
- Current Price ₹ 845
- High / Low ₹ 952 / 25.0
- Stock P/E 207
- Book Value ₹ 11.8
- Dividend Yield 0.00 %
- ROCE 66.6 %
- ROE 52.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 299% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 46.4%
- Promoter holding has increased by 4.01% over last quarter.
- Company's working capital requirements have reduced from 160 days to 89.5 days
Cons
- Stock is trading at 71.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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: Realty Industry: Construction
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 8 | 15 | 53 | |
| 0 | 1 | 1 | 4 | 14 | 39 | |
| Operating Profit | 0 | -0 | 0 | 5 | 1 | 14 |
| OPM % | 21% | -6% | 0% | 55% | 7% | 27% |
| 0 | 0 | 0 | 1 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 5 | 1 | 14 |
| Tax % | 50% | 25% | 50% | 28% | 27% | 28% |
| 0 | 0 | 0 | 4 | 1 | 10 | |
| EPS in Rs | 0.50 | 2.00 | 0.50 | 181.50 | 0.32 | 4.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 208% |
| 3 Years: | 257% |
| TTM: | 246% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 299% |
| 3 Years: | 902% |
| TTM: | 1191% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 3032% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| Last Year: | 53% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 0 | 4 | 25 |
| Reserves | -1 | -1 | -1 | 3 | 16 | 5 |
| 2 | 2 | 3 | 2 | 2 | 22 | |
| 1 | 1 | 2 | 4 | 10 | 48 | |
| Total Liabilities | 2 | 2 | 4 | 9 | 32 | 99 |
| 0 | 0 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 |
| 2 | 2 | 3 | 8 | 31 | 96 | |
| Total Assets | 2 | 2 | 4 | 9 | 32 | 99 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 2 | -10 | 9 | |
| -0 | -0 | -1 | 1 | 0 | -1 | |
| -0 | -0 | 1 | 0 | 15 | 19 | |
| Net Cash Flow | 0 | 0 | 0 | 3 | 6 | 27 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 115 | 46 | 19 | 77 | 37 | |
| Inventory Days | 520 | 438 | ||||
| Days Payable | 6 | 0 | ||||
| Cash Conversion Cycle | 115 | 46 | 19 | 592 | 476 | |
| Working Capital Days | 2,670 | 958 | 271 | 82 | 310 | |
| ROCE % | 3% | 1% | 147% | 9% |
Documents
Announcements
- Intimation Of Award. 29 Jun
- Intimation Of Award. 26 Jun
- Clarification On Price Movement 12 Jun
-
Clarification sought from Kesar India Ltd
12 Jun - Exchange has sought clarification from Kesar India Ltd on June 11, 2024 with reference to significant movement in price, in order to ensure that investors …
- Intimation Of Award. 8 Jun
Business Overview:[1]
Kesar Lands is a real estate development
company that focuses on leisure & luxury
family residential and commercial projects. The company is ISO–9001:2008 certified and
is a member of the Confederation of Real Estate Developers’ Associations of India (CREDAI), Indian Green Building Council (IGBC) & Builders Association of India (BAI)