KSE Ltd
Incorporated in 1963, KSE Ltd manufactures ready mixed cattle feed, extracts oil from oil cakes using solvent extraction method, and processes milk and milk products[1]
- Market Cap ₹ 900 Cr.
- Current Price ₹ 2,813
- High / Low ₹ 2,990 / 1,511
- Stock P/E 22.1
- Book Value ₹ 703
- Dividend Yield 1.07 %
- ROCE 12.9 %
- ROE 9.24 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.00 times its book value
- Promoter holding has decreased over last quarter: -0.58%
- The company has delivered a poor sales growth of 6.84% over past five years.
- Promoter holding is low: 23.3%
- Company has a low return on equity of 3.72% 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
697 | 806 | 900 | 925 | 1,047 | 1,304 | 1,209 | 1,429 | 1,543 | 1,670 | 1,610 | 1,683 | 1,691 | |
684 | 777 | 839 | 909 | 1,018 | 1,196 | 1,196 | 1,402 | 1,404 | 1,659 | 1,613 | 1,651 | 1,632 | |
Operating Profit | 13 | 29 | 60 | 16 | 29 | 108 | 13 | 26 | 139 | 11 | -3 | 32 | 59 |
OPM % | 2% | 4% | 7% | 2% | 3% | 8% | 1% | 2% | 9% | 1% | -0% | 2% | 3% |
1 | 1 | 12 | 2 | 2 | 5 | 6 | 4 | 15 | 3 | 7 | -0 | -0 | |
Interest | 4 | 3 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 |
Depreciation | 4 | 4 | 6 | 4 | 3 | 4 | 3 | 3 | 2 | 3 | 4 | 5 | 5 |
Profit before tax | 7 | 23 | 64 | 12 | 26 | 109 | 15 | 26 | 150 | 9 | -3 | 24 | 51 |
Tax % | 30% | 34% | 32% | 38% | 37% | 36% | 36% | 28% | 25% | 29% | -20% | 27% | |
5 | 15 | 44 | 8 | 16 | 70 | 9 | 19 | 113 | 7 | -2 | 18 | 37 | |
EPS in Rs | 14.53 | 48.03 | 136.34 | 23.69 | 51.12 | 217.59 | 29.47 | 59.06 | 352.91 | 20.53 | -7.44 | 55.03 | 115.72 |
Dividend Payout % | 69% | 42% | 37% | 84% | 59% | 28% | 51% | 34% | 28% | 97% | -269% | 55% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 3% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 14% |
3 Years: | -43% |
TTM: | 1889% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 23% |
3 Years: | 12% |
1 Year: | 76% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 15% |
3 Years: | 4% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 38 | 45 | 69 | 68 | 83 | 141 | 127 | 139 | 240 | 220 | 211 | 222 |
30 | 17 | 17 | 11 | 39 | 44 | 43 | 15 | 40 | 19 | 19 | 21 | |
25 | 30 | 49 | 32 | 30 | 42 | 25 | 33 | 51 | 39 | 35 | 32 | |
Total Liabilities | 95 | 96 | 138 | 116 | 156 | 230 | 197 | 190 | 335 | 281 | 268 | 278 |
39 | 36 | 27 | 25 | 29 | 27 | 26 | 25 | 24 | 38 | 40 | 43 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 3 | 6 |
Investments | 0 | 0 | 0 | 0 | 35 | 83 | 43 | 66 | 116 | 47 | 66 | 37 |
56 | 59 | 111 | 90 | 92 | 119 | 128 | 99 | 193 | 194 | 159 | 192 | |
Total Assets | 95 | 96 | 138 | 116 | 156 | 230 | 197 | 190 | 335 | 281 | 268 | 278 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 19 | 36 | -5 | 24 | 65 | -13 | 35 | 34 | 4 | 34 | -15 | |
-8 | -1 | 12 | -1 | -41 | -53 | 37 | -10 | -42 | 55 | -32 | 24 | |
-3 | -19 | -14 | -21 | 18 | -8 | -26 | -35 | 13 | -50 | -8 | -7 | |
Net Cash Flow | -2 | -1 | 35 | -27 | 1 | 3 | -1 | -11 | 6 | 8 | -6 | 2 |
Ratios
Figures in Rs. Crores
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | 29 | 26 | 33 | 33 | 30 | 31 | 30 | 24 | 50 | 40 | 31 | 38 |
Days Payable | 6 | 5 | 8 | 4 | 3 | 5 | 3 | 2 | 6 | 5 | 4 | 2 |
Cash Conversion Cycle | 23 | 22 | 25 | 30 | 27 | 26 | 28 | 22 | 44 | 36 | 27 | 36 |
Working Capital Days | 13 | 11 | 8 | 17 | 16 | 14 | 22 | 15 | 31 | 30 | 23 | 30 |
ROCE % | 15% | 39% | 72% | 15% | 27% | 70% | 10% | 17% | 66% | 5% | -1% | 13% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Aug
- Unaudited Financial Results For Quarter Ended 30Th June 2024 Pursuant To Regulations 30, 33 And 47 Of SEBI (LODR) Regulations, 2015 14 Aug
- Board Meeting Outcome for Unaudited Financial Results For Quarter Ended 30Th June 2024 Pursuant To Regulations 30, 33 And 47 Of SEBI (LODR) Regulations, 2015 14 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Aug - Of Newspaper Advertisement in respect of Notice of Annual General Meeting
- Intimation Under Regulation 42 Of SEBI (LODR) Regulations, 2015 - Record Date For Payment Of Dividend And Book Closure Dates From 28Th August, 2024 To 03Rd September, 2024 (Both Days Inclusive) 12 Aug
Annual reports
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Financial Year 2024
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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 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
KSE is a National Productivity Council-certified manufacturer of compound cattle feed and undertakes solvent extraction. It also operates in milk procurement and processing, in various
districts of Kerala and has an exclusive distribution network of over 700 dealers, and customer support services viz. on-call veterinary doctors, etc.