KRBL Ltd
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.(Source : 202003 Annual Report Page No:181)
- Market Cap ₹ 7,001 Cr.
- Current Price ₹ 306
- High / Low ₹ 471 / 258
- Stock P/E 11.8
- Book Value ₹ 212
- Dividend Yield 0.32 %
- ROCE 15.8 %
- ROE 12.5 %
- Face Value ₹ 1.00
Pros
Cons
- The company has delivered a poor sales growth of 5.50% over past five years.
- Company has a low return on equity of 13.5% over last 3 years.
- Dividend payout has been low at 12.2% of profits over last 3 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: FMCG Industry: Food - Processing - Indian
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,051 | 2,882 | 3,143 | 3,360 | 3,145 | 3,246 | 4,120 | 4,499 | 3,992 | 4,211 | 5,363 | 5,385 | |
1,758 | 2,441 | 2,617 | 2,913 | 2,502 | 2,472 | 3,271 | 3,629 | 3,170 | 3,549 | 4,424 | 4,582 | |
Operating Profit | 293 | 441 | 526 | 447 | 644 | 774 | 850 | 870 | 822 | 662 | 939 | 802 |
OPM % | 14% | 15% | 17% | 13% | 20% | 24% | 21% | 19% | 21% | 16% | 18% | 15% |
19 | 20 | 2 | 61 | 10 | 18 | 15 | 23 | 23 | 43 | 92 | 97 | |
Interest | 78 | 76 | 81 | 67 | 55 | 69 | 68 | 62 | 24 | 13 | 15 | 24 |
Depreciation | 51 | 58 | 53 | 50 | 61 | 68 | 64 | 73 | 72 | 74 | 76 | 79 |
Profit before tax | 184 | 326 | 394 | 391 | 538 | 655 | 733 | 758 | 749 | 617 | 941 | 796 |
Tax % | 30% | 22% | 18% | 25% | 26% | 34% | 31% | 26% | 25% | 26% | 26% | 25% |
130 | 255 | 322 | 293 | 399 | 434 | 503 | 558 | 559 | 459 | 701 | 596 | |
EPS in Rs | 5.37 | 10.84 | 13.67 | 12.45 | 16.97 | 18.46 | 21.37 | 23.71 | 23.74 | 19.52 | 29.78 | 26.03 |
Dividend Payout % | 15% | 11% | 12% | 15% | 12% | 12% | 12% | 12% | 15% | 18% | 3% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 10% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 4% |
3 Years: | 2% |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 4% |
3 Years: | 6% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 13% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 23 |
Reserves | 805 | 1,020 | 1,301 | 1,475 | 1,884 | 2,264 | 2,703 | 3,104 | 3,669 | 4,047 | 4,669 | 4,835 |
870 | 1,380 | 1,351 | 1,167 | 1,090 | 1,245 | 1,428 | 572 | 369 | 145 | 250 | 545 | |
310 | 291 | 390 | 315 | 425 | 324 | 481 | 724 | 566 | 533 | 648 | 525 | |
Total Liabilities | 2,010 | 2,715 | 3,066 | 2,981 | 3,422 | 3,858 | 4,636 | 4,423 | 4,628 | 4,748 | 5,591 | 5,927 |
443 | 563 | 640 | 765 | 1,013 | 982 | 941 | 979 | 947 | 924 | 899 | 903 | |
CWIP | 15 | 14 | 114 | 100 | 2 | 2 | 1 | 12 | 9 | 2 | 16 | 13 |
Investments | 6 | 6 | 7 | 13 | 10 | 9 | 8 | 6 | 19 | 21 | 31 | 115 |
1,546 | 2,131 | 2,306 | 2,103 | 2,397 | 2,864 | 3,687 | 3,425 | 3,653 | 3,801 | 4,645 | 4,896 | |
Total Assets | 2,010 | 2,715 | 3,066 | 2,981 | 3,422 | 3,858 | 4,636 | 4,423 | 4,628 | 4,748 | 5,591 | 5,927 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
189 | -489 | 337 | 510 | 258 | 61 | -115 | 1,212 | 384 | 561 | -360 | 226 | |
-82 | 1 | -231 | -174 | -208 | -49 | 20 | -54 | -12 | -206 | 206 | -87 | |
-111 | 391 | -147 | -332 | -74 | 25 | 59 | -1,148 | -227 | -322 | 5 | -157 | |
Net Cash Flow | -3 | -96 | -42 | 4 | -23 | 37 | -35 | 10 | 145 | 32 | -149 | -18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 35 | 36 | 39 | 17 | 27 | 28 | 35 | 19 | 18 | 25 | 19 | 21 |
Inventory Days | 289 | 273 | 283 | 248 | 331 | 415 | 395 | 323 | 392 | 336 | 404 | 406 |
Days Payable | 18 | 24 | 24 | 20 | 42 | 19 | 28 | 43 | 29 | 22 | 12 | 10 |
Cash Conversion Cycle | 306 | 285 | 299 | 245 | 316 | 424 | 402 | 298 | 382 | 339 | 412 | 417 |
Working Capital Days | 209 | 214 | 210 | 188 | 232 | 286 | 285 | 205 | 257 | 242 | 275 | 307 |
ROCE % | 15% | 19% | 19% | 17% | 21% | 22% | 21% | 21% | 20% | 15% | 21% |
Documents
Announcements
- Closure of Trading Window 26 Jun
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
31 May - Transcript of Earnings Conference Call held on 24 May 2024
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Secretarial Compliance Report for the Financial Year ended 31 March 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
24 May - Audio Recording of Investor Conference Call inter-alia on Audited Financial Results of KRBL Limited for the Fourth Quarter (Q4) and Financial Year ended March 31, …
- Announcement Under Regulation 30 (LODR) - Updates (Interaction Of Mr. Ashish Jain, CFO With CNBC-TV18) 21 May
Annual reports
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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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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May 2024Transcript PPT
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India’s first integrated rice company – [1] With a 120-year heritage, KRBL is one of the major producers of rice products (both basmati and non-basmati rice), further it is engaged in the production of milling by-products like bran oil, furfural, rice bran, and de-oiled cakes.