Kennametal India Ltd

Kennametal India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kennametal India Ltd

₹ 2,989 -2.67%
21 Nov - close price
kennametal.com BSE: 505890 NSE: KENNAMET
About

Kennametal India Ltd was incorporated in 1938, it is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru.[1][2]

Key Points

Business segments & Revenue Split FY23

Website BSE NSE
  • Market Cap ₹ 6,569 Cr.
  • Current Price ₹ 2,989
  • High / Low ₹ 3,890 / 2,207
  • Stock P/E 60.2
  • Book Value ₹ 334
  • Dividend Yield 1.00 %
  • ROCE 19.5 %
  • ROE 14.2 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 8.96 times its book value
  • The company has delivered a poor sales growth of 3.48% over past five years.

* 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: Castings, Forgings & Fastners Industry: Castings & Forgings

Part of BSE Allcap BSE Industrials BSE SmallCap

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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
238 239 246 269 267 275 256 279 258 271 269 302 270
192 193 203 223 220 237 225 243 223 228 224 254 228
Operating Profit 45 46 43 45 47 38 30 36 35 43 45 49 42
OPM % 19% 19% 17% 17% 18% 14% 12% 13% 14% 16% 17% 16% 16%
2 3 2 2 1 1 1 1 2 2 18 3 3
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 9 9 9 9 9 9 10 11 10 11 11 11 12
Profit before tax 38 40 36 38 39 30 22 27 26 33 52 40 34
Tax % 25% 25% 25% 26% 19% 26% 29% 30% 35% 25% 26% 24% 26%
28 30 27 28 31 22 16 19 17 25 38 30 25
EPS in Rs 12.88 13.83 12.24 12.88 14.29 9.96 7.10 8.51 7.78 11.33 17.43 13.79 11.37
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Jun 2016 Jun 2017 Jun 2018 Jun 2019 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Jun 2024 TTM
490 545 570 570 652 793 927 641 811 991 1,077 1,100 1,112
451 494 510 524 594 692 791 580 691 812 926 929 934
Operating Profit 39 51 60 46 58 101 136 61 120 179 151 171 179
OPM % 8% 9% 11% 8% 9% 13% 15% 10% 15% 18% 14% 16% 16%
8 -5 12 9 0 0 14 15 8 9 5 24 25
Interest 0 0 0 0 0 0 0 1 0 0 0 1 1
Depreciation 27 27 26 24 28 28 28 34 38 36 39 44 45
Profit before tax 20 20 46 31 30 73 122 40 89 153 118 151 159
Tax % 24% 13% 28% 32% 20% 28% 29% 20% 26% 25% 25% 27%
15 17 34 21 24 52 86 32 67 114 88 110 118
EPS in Rs 6.76 7.77 15.25 9.44 11.09 23.80 39.27 14.79 30.30 51.92 39.90 50.28 53.92
Dividend Payout % 0% 0% 13% 21% 18% 8% 5% 0% 66% 46% 50% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 3%
3 Years: 11%
TTM: 4%
Compounded Profit Growth
10 Years: 16%
5 Years: 3%
3 Years: 15%
TTM: 49%
Stock Price CAGR
10 Years: 14%
5 Years: 25%
3 Years: 25%
1 Year: 33%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 15%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Jun 2016 Jun 2017 Jun 2018 Jun 2019 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Jun 2024
Equity Capital 22 22 22 22 22 22 22 22 22 22 22 22
Reserves 294 311 340 355 372 417 497 528 551 624 666 712
0 0 0 0 0 0 10 13 0 0 3 3
104 96 117 130 144 199 226 124 191 184 160 191
Total Liabilities 420 430 478 507 537 638 755 687 765 830 851 927
126 114 101 107 146 154 184 247 225 215 275 294
CWIP 13 5 6 16 3 21 67 32 52 77 34 8
Investments 1 0 0 0 51 0 0 2 2 0 0 0
282 310 371 383 338 462 504 406 486 538 542 626
Total Assets 420 430 478 507 537 638 755 687 765 830 851 927

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Jun 2016 Jun 2017 Jun 2018 Jun 2019 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Jun 2024
33 11 61 17 77 63 84 28 155 49 116 114
-24 -8 -17 -42 -45 -55 -139 -32 -24 -48 -45 -23
-0 -0 -5 -5 -5 -5 4 2 -57 -53 -45 -67
Net Cash Flow 9 3 38 -30 27 2 -51 -2 73 -51 26 24

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Jun 2016 Jun 2017 Jun 2018 Jun 2019 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Jun 2024
Debtor Days 66 72 71 76 62 66 57 45 51 50 48 59
Inventory Days 134 120 115 137 114 136 150 208 173 195 149 168
Days Payable 83 57 75 86 89 92 93 60 86 75 46 68
Cash Conversion Cycle 117 135 111 127 87 109 114 193 138 170 151 160
Working Capital Days 76 86 79 90 57 57 72 104 62 88 82 101
ROCE % 6% 9% 11% 8% 9% 20% 25% 8% 16% 25% 17% 20%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.64% 0.69% 0.50% 0.60% 0.62% 0.63% 0.71% 0.87% 0.98% 0.96% 1.00% 0.91%
12.86% 12.94% 12.93% 12.87% 12.73% 12.80% 13.20% 13.04% 13.17% 13.45% 13.56% 13.54%
11.50% 11.37% 11.57% 11.52% 11.66% 11.59% 11.09% 11.09% 10.85% 10.58% 10.43% 10.55%
No. of Shareholders 10,44014,76713,88213,75013,75613,87212,76714,14413,43811,52710,99311,036

* 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.

Documents

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