Kundan Edifice Ltd

Kundan Edifice Ltd

₹ 148 0.68%
15 Jan 9:43 a.m.
About

Incorporated in 2010, Kundan Edifice Limited is engaged in the business of manufacturing, assembly, and sale of light-emitting diode ("LED") strip lights[1]

Key Points

Business Profile[1] Kundan Edifice is an original design manufacturer ("ODM"); they design, develop, manufacture, and supply products to customers who then further distribute them under their brands. The company also provides custom products.

  • Market Cap 152 Cr.
  • Current Price 148
  • High / Low 239 / 131
  • Stock P/E 46.2
  • Book Value 35.1
  • Dividend Yield 0.00 %
  • ROCE 18.2 %
  • ROE 14.8 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.9%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 28.6 to 36.4 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024
41.40 42.83 47.89
35.67 40.85 39.83
Operating Profit 5.73 1.98 8.06
OPM % 13.84% 4.62% 16.83%
0.04 0.20 0.20
Interest 0.98 1.32 1.91
Depreciation 0.50 0.79 1.00
Profit before tax 4.29 0.07 5.35
Tax % 22.84% 542.86% 32.71%
3.31 -0.31 3.60
EPS in Rs 3.22 -0.30 3.50
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1.96 7.39 6.46 14.99 32.20 59.50 83.02 90.72
3.09 7.10 6.13 13.30 29.41 50.87 75.32 80.68
Operating Profit -1.13 0.29 0.33 1.69 2.79 8.63 7.70 10.04
OPM % -57.65% 3.92% 5.11% 11.27% 8.66% 14.50% 9.27% 11.07%
0.03 0.03 0.03 -0.03 0.03 0.24 0.24 0.40
Interest 0.16 0.13 0.21 0.55 0.63 1.08 2.30 3.23
Depreciation 0.08 0.08 0.11 0.30 0.43 0.84 1.29 1.79
Profit before tax -1.34 0.11 0.04 0.81 1.76 6.95 4.35 5.42
Tax % 0.00% 0.00% 0.00% 4.94% 3.98% 26.76% 31.03%
-1.34 0.11 0.04 0.77 1.68 5.09 3.00 3.29
EPS in Rs -13,400.00 4.00 1.45 25.67 56.00 6.79 2.92 3.20
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 62%
3 Years: 77%
TTM: 40%
Compounded Profit Growth
10 Years: %
5 Years: 94%
3 Years: 51%
TTM: -41%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -36%
Return on Equity
10 Years: %
5 Years: 37%
3 Years: 35%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 2.75 2.75 3.00 3.00 7.50 10.27 10.27
Reserves -2.52 -2.41 -2.47 -1.70 -0.02 0.61 22.21 25.82
4.12 2.76 6.37 7.29 9.05 14.50 18.09 26.51
0.58 1.90 1.82 3.27 7.25 7.05 7.44 16.25
Total Liabilities 2.19 5.00 8.47 11.86 19.28 29.66 58.01 78.85
0.41 0.66 0.72 2.49 5.09 5.73 12.69 13.40
CWIP 0.00 0.00 1.38 0.00 0.38 1.37 2.06 9.83
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.78 4.34 6.37 9.37 13.81 22.56 43.26 55.62
Total Assets 2.19 5.00 8.47 11.86 19.28 29.66 58.01 78.85

Cash Flows

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1.34 -1.08 -1.64 0.22 2.07 -1.62 -9.88
-0.06 -0.33 -1.55 -0.81 -3.44 -2.69 -9.44
1.42 1.38 3.40 0.62 1.13 4.38 22.65
Net Cash Flow 0.02 -0.03 0.21 0.03 -0.23 0.07 3.33

Ratios

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 122.91 47.42 43.51 35.06 22.10 27.42 36.36
Inventory Days 110.91 180.00 302.46 212.67 139.78 155.76 154.46
Days Payable 80.66 108.33 148.67 103.02 105.70 39.23 33.83
Cash Conversion Cycle 153.16 119.08 197.30 144.71 56.18 143.95 156.99
Working Capital Days 186.22 112.12 229.96 137.33 67.79 90.36 137.57
ROCE % 10.19% 5.13% 19.42% 23.18% 46.36% 18.17%

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.28% 72.28% 72.28% 72.28% 72.28%
0.14% 0.02% 0.06% 0.09% 0.07%
27.58% 27.69% 27.66% 27.62% 27.65%
No. of Shareholders 1,729772812874878

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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