Kross Ltd
Established in 1991, Kross Ltd manufactures and supplies trailer axles, suspensions, and a wide range of forged and precision machined safety critical parts for medium and heavy-duty commercial vehicles (M&HCV) and agricultural equipment.[1]
- Market Cap ₹ 1,431 Cr.
- Current Price ₹ 222
- High / Low ₹ 271 / 215
- Stock P/E 31.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 33.5 %
- ROE 36.1 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.7%
Cons
* 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: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 160 | 184 | 297 | 489 | 620 | |
| 143 | 165 | 268 | 431 | 539 | |
| Operating Profit | 17 | 19 | 30 | 58 | 81 |
| OPM % | 10% | 10% | 10% | 12% | 13% |
| 0 | 0 | 0 | 1 | 1 | |
| Interest | 10 | 9 | 8 | 12 | 15 |
| Depreciation | 4 | 5 | 6 | 4 | 6 |
| Profit before tax | 3 | 6 | 16 | 42 | 61 |
| Tax % | 31% | 18% | 25% | 26% | 27% |
| 2 | 5 | 12 | 31 | 45 | |
| EPS in Rs | 1.44 | 3.53 | 9.00 | 22.87 | 16.59 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 112% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 27 |
| Reserves | 45 | 46 | 59 | 89 | 120 |
| 65 | 83 | 86 | 88 | 118 | |
| 35 | 31 | 39 | 60 | 87 | |
| Total Liabilities | 158 | 174 | 197 | 251 | 352 |
| 59 | 59 | 76 | 89 | 106 | |
| CWIP | 6 | 11 | 0 | 0 | 5 |
| Investments | 0 | 0 | 0 | 0 | 1 |
| 93 | 104 | 121 | 161 | 240 | |
| Total Assets | 158 | 174 | 197 | 251 | 352 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 16 | 1 | 18 | 42 | 8 | |
| -13 | -10 | -12 | -19 | -30 | |
| -4 | 5 | -6 | -11 | 14 | |
| Net Cash Flow | -0 | -4 | 0 | 12 | -7 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 79 | 81 | 62 | 39 | 65 |
| Inventory Days | 182 | 177 | 94 | 78 | 86 |
| Days Payable | 76 | 67 | 44 | 43 | 50 |
| Cash Conversion Cycle | 185 | 192 | 112 | 74 | 100 |
| Working Capital Days | 133 | 148 | 102 | 65 | 86 |
| ROCE % | 11% | 16% | 31% | 33% |
Documents
Announcements
-
Board Meeting Intimation for Board Meeting Of The Company Is Scheduled To Be Held On Friday, September 27, 2024, Inter Alia To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2024, Along With Limited Review Report
23 Sep - Board meeting scheduled for financial results approval.
-
Pursuant To Regulation 8(2) Of The SEBI PIT Regulations, 2015 The Code Of Practices And Procedure For Fair Disclosure Of Unpublished Price Sensitive Information Framed Under Regulation 8(1) Of SEBI PIT Regulations Is Available On The Website Of The Company
20 Sep - Adoption of Code for Fair Disclosure of UPSI.
-
Pursuant To Regulation 30(5) Of The SEBI (LODR) Regulations 2015 ('SEBI LODR Regulations'), And The Company'S Policy For Determination Of Materiality Of Events Or Information, The Details Of The Key Managerial Personnels Of The Company To Determine Materiality Of An Event Or Information And For The Purpose Of Making Disclosure To The Stock Exchange(S) Under Regulation 30 Of SEBI LODR Regulations
20 Sep - Authorization of key managerial personnel for disclosures.
- Closure of Trading Window 16 Sep
- Listing of Equity Shares of Kross Ltd 16 Sep
Business Profile[1] Co. manufactures forging and machined precision components. Recognized for trailer axles and suspension assemblies in India, it also specializes in differential spiders for the M&HCV segment (CRISIL Report). It's expertise includes high-precision safety-critical components like companion flanges, axle shafts, anti-roll bars, bevel gear assemblies, suspension linkages, and various tractor components for hydraulic lifts.