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 ₹ 1,334 Cr.
- Current Price ₹ 540
- High / Low ₹ 1,143 / 332
- Stock P/E 68.1
- Book Value ₹ 18.3
- Dividend Yield 0.00 %
- ROCE 39.3 %
- ROE 41.6 %
- 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 39.9%
- Debtor days have improved from 44.0 to 17.1 days.
- Company's working capital requirements have reduced from 159 days to 84.3 days
Cons
- Stock is trading at 30.0 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 | TTM | |
---|---|---|---|---|---|---|---|
0 | 0 | 1 | 8 | 15 | 53 | 82 | |
0 | 1 | 1 | 4 | 14 | 39 | 56 | |
Operating Profit | 0 | -0 | 0 | 5 | 1 | 14 | 26 |
OPM % | 21% | -6% | 0% | 55% | 7% | 27% | 32% |
0 | 0 | 0 | 1 | 0 | 1 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 0 | 0 | 5 | 1 | 14 | 27 |
Tax % | 50% | 25% | 50% | 28% | 27% | 28% | |
0 | 0 | 0 | 4 | 1 | 10 | 20 | |
EPS in Rs | 0.50 | 2.00 | 0.50 | 181.50 | 0.32 | 4.07 | 7.92 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 208% |
3 Years: | 257% |
TTM: | 129% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 299% |
3 Years: | 902% |
TTM: | 131% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -1% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 40% |
Last Year: | 42% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.03 | 0.03 | 0.03 | 0.03 | 4 | 25 | 25 |
Reserves | -1 | -1 | -1 | 3 | 16 | 5 | 21 |
2 | 2 | 3 | 2 | 2 | 22 | 21 | |
1 | 1 | 2 | 4 | 10 | 48 | 36 | |
Total Liabilities | 2 | 2 | 4 | 9 | 32 | 99 | 102 |
0 | 0 | 1 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 2 | 5 |
2 | 2 | 3 | 8 | 31 | 96 | 97 | |
Total Assets | 2 | 2 | 4 | 9 | 32 | 99 | 102 |
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 | 17 |
Inventory Days | 520 | 438 | 731 | |||
Days Payable | 6 | 0 | 378 | |||
Cash Conversion Cycle | 115 | 46 | 19 | 592 | 476 | 370 |
Working Capital Days | 2,670 | 958 | 271 | 82 | 310 | 84 |
ROCE % | 3% | 1% | 147% | 9% | 39% |
Documents
Announcements
-
Purchase Of Land At Nagpur, Maharashtra.
1d - Acquisition of 7,500 sq. mt. land in Nagpur.
-
Announcement under Regulation 30 (LODR)-Acquisition
22 Feb - Acquisition of 51% stake in Kesar Maitreya Realities.
-
Announcement under Regulation 30 (LODR)-Acquisition
15 Feb - Acquisition of 100% stake in Kesar Naturals.
-
Announcement under Regulation 30 (LODR)-Acquisition
11 Feb - Acquisition of 51% stake in Kesar IM Infra Projects.
-
Announcement under Regulation 30 (LODR)-Acquisition
10 Feb - YK Infracon Private Limited incorporated Propsnap Realty Private Limited.
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)