Krishca Strapping Solutions Ltd

Krishca Strapp. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Krishca Strapping Solutions Ltd

₹ 395 6.28%
03 Jul 10:29 a.m.
krishcastrapping.com NSE - SME: KRISHCA
About

Incorporated in 2017, Krishca Strapping
Solutions Ltd is in the business of manufacturing steel straps, seals, and to provide total packaging solution[1]

Key Points

Business Overview:[1]
KSSL is a Chennai-based manufacturer and wholesaler of High Tensile Steel
Straps, Strapping Seals and Strapping Tools for packaging. It has India's first
Lead-Free and eco-friendly production line for the heat treatment of steel
strapping

Website NSE - SM
  • Market Cap ₹ 477 Cr.
  • Current Price ₹ 395
  • High / Low ₹ 408 / 148
  • Stock P/E 36.0
  • Book Value ₹ 32.4
  • Dividend Yield 0.00 %
  • ROCE 81.6 %
  • ROE 121 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 138%
  • Debtor days have improved from 72.0 to 41.8 days.
  • Company's working capital requirements have reduced from 65.6 days to 44.6 days

Cons

  • Stock is trading at 11.5 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* 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: Steel Industry: Steel - Medium / Small

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024
48 57
41 45
Operating Profit 8 12
OPM % 16% 21%
0 0
Interest 1 1
Depreciation 0 1
Profit before tax 8 10
Tax % 25% 24%
6 8
EPS in Rs 4.71 6.26
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 9 19 72 105
2 9 16 58 85
Operating Profit -1 1 3 14 20
OPM % -151% 6% 17% 19% 19%
0 0 0 0 1
Interest 0 1 1 1 1
Depreciation 0 1 1 1 1
Profit before tax -2 -1 2 12 18
Tax % 0% 0% 12% 21% 24%
-2 -1 2 9 13
EPS in Rs -8.97 -2.68 3.02 10.67 10.97
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 123%
TTM: 45%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 179%
TTM: 42%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 113%
Return on Equity
10 Years: %
5 Years: %
3 Years: 138%
Last Year: 121%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 3 5 9 12
Reserves -2 -4 -3 2 27
8 13 9 12 20
0 1 4 12 18
Total Liabilities 9 13 15 35 78
6 6 4 4 5
CWIP 0 0 1 5 20
Investments 0 0 0 0 0
4 7 10 26 52
Total Assets 9 13 15 35 78

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1 -1 0 7 2
-3 -3 -1 -4 -19
3 4 1 -2 18
Net Cash Flow -0 0 0 -0 1

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 293 89 113 61
Inventory Days 796 111 43 76
Days Payable 20 33 30 58
Cash Conversion Cycle 1,068 167 126 79
Working Capital Days 1,274 226 88 65
ROCE % 1% 20% 74%

Shareholding Pattern

Numbers in percentages

5 Recently
May 2023Sep 2023Mar 2024
86.34% 62.59% 62.59%
0.00% 0.78% 0.00%
13.66% 36.64% 37.42%
No. of Shareholders 88011,747

* 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

Announcements

Annual reports

DRHP

Concalls