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Kore Digital

₹1054 0 | 0%

Market Cap ₹371 Cr.

Stock P/E 37.5

P/B 5.9

Current Price ₹1054

Book Value ₹ 177.6

Face Value 10

52W High ₹1440

Dividend Yield 0%

52W Low ₹ 123.3

Kore Digital Research see more...

Overview Inc. Year: 2009Industry: Telecommunication - Service Provider

Kore Digital Limited is a telecommunication infrastructure provider offering high-end communication solutions to corporate and telecom network operators. The company was incorporated in 2009 and has a license from the Department of Telecommunications, Government of India, to establish and maintain essential assets such as dark fibers, right of way, duct space, and towers.Kore Digital Limited is a lead system integrator for Reliance Jio, Airtel, Vodafone Idea, Samsung, and Huawei. The company provides 100 Gig+ connectivity and communication solutions to top corporate clients such as Google, Akamai, RJIO, Tata, Bharti Airtel, Vodafone Idea, Sify, and Power Grid The promoters of the company are Mr. Ravindra Navinchandra Doshi, Mrs. Kashmira Ravindra Doshi, and Mr. Chaitanya Ravindarera Doshi.

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Kore Digital Share Price

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Quarterly Price

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Kore Digital Quarterly Results

#(Fig in Cr.) Dec 2022 Mar 2023 Dec 2023 Mar 2024
Net Sales 6 9 54 35
Other Income 0 0 0 2
Total Income 6 9 54 36
Total Expenditure 5 7 48 29
Operating Profit 1 2 6 7
Interest 0 0 0 0
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 2 5 7
Provision for Tax 0 1 1 2
Profit After Tax 1 1 4 4
Adjustments 0 0 0 -0
Profit After Adjustments 1 1 4 4
Adjusted Earnings Per Share 0 5 11.8 11.2

Kore Digital Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 1 4 17 21 104
Other Income 0 0 0 0 2
Total Income 1 4 17 21 105
Total Expenditure 1 4 14 17 89
Operating Profit 0 0 3 5 16
Interest 0 0 0 0 0
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 0 0 3 4 15
Provision for Tax 0 0 1 1 4
Profit After Tax 0 0 2 3 10
Adjustments 0 0 0 0 0
Profit After Adjustments 0 0 2 3 10
Adjusted Earnings Per Share 0.1 1 8.6 12.8 28

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 176% 0% 0%
Operating Profit CAGR 67% 0% 0% 0%
PAT CAGR 50% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 78% 118% 94% 94%
ROCE Average 86% 128% 102% 102%

Kore Digital Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 0 0 3 6
Minority's Interest 0 0 0 0
Borrowings 0 0 0 2
Other Non-Current Liabilities 0 0 1 1
Total Current Liabilities 2 5 11 28
Total Liabilities 2 6 14 36
Fixed Assets 0 0 0 3
Other Non-Current Assets 0 0 1 1
Total Current Assets 2 6 13 32
Total Assets 2 6 14 36

Kore Digital Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 0 0 1
Cash Flow from Operating Activities 0 0 1 0
Cash Flow from Investing Activities 0 -0 -0 -3
Cash Flow from Financing Activities 0 0 -0 1
Net Cash Inflow / Outflow 0 0 1 -1
Closing Cash & Cash Equivalent 0 0 1 0

Kore Digital Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.07 1.03 8.65 12.78
CEPS(Rs) 0.07 1.22 8.98 13.78
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 0.33 1.35 10 22.79
Core EBITDA Margin(%) 2.08 10.28 18.45 22.31
EBIT Margin(%) 2.08 9.09 17.98 21.13
Pre Tax Margin(%) 2.08 8.89 17.84 20.28
PAT Margin (%) 2.08 6.52 12.87 15.14
Cash Profit Margin (%) 2.08 7.74 13.37 16.33
ROA(%) 0.96 6.7 21.51 12.79
ROE(%) 22.17 122.46 152.29 77.97
ROCE(%) 22.17 112.42 186.92 85.7
Receivable days 2.08 61.89 34.44 133.47
Inventory Days 768.12 209.34 130.66 219.11
Payable days 143.79 65.74 148.31 466.99
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) -0.03 0.02 -0.07 0.21
EV/Core EBITDA(x) -1.53 0.23 -0.36 0.95
Net Sales Growth(%) 0 354.08 325.8 25.59
EBIT Growth(%) 0 1886.26 742.63 47.54
PAT Growth(%) 0 1324.73 740.61 47.81
EPS Growth(%) 0 1324.73 740.61 47.81
Debt/Equity(x) 0 0.64 0.07 0.36
Current Ratio(x) 1.05 1.04 1.16 1.14
Quick Ratio(x) 0.02 0.53 0.32 0.56
Interest Cover(x) 0 46.35 129.62 25.09
Total Debt/Mcap(x) 0 0 0 0

Kore Digital Shareholding Pattern

# Sep 2023 Dec 2023
Promoter 71.38 71.38
FII 0 0
DII 0 0
Public 28.62 28.62
Others 0 0
Total 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 118%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 148.31 to 466.99days.
  • Stock is trading at 5.9 times its book value.

* 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.

Kore Digital News

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