Kranti Industries

₹74 2.3 | 3.2%

WEBSITE BSE:542459 NSE : KRANTI 18 May, 12:50

Market Cap ₹84 Cr.

Stock P/E 26.0

P/B 2.4

Current Price ₹74

Book Value ₹ 30.8

Face Value 10

52W High ₹112.8

Dividend Yield 0%

52W Low ₹ 65.2

Edit Ratio

Kranti Industries Research see more...

Overview Inc. Year: 1995Industry: Auto Ancillary

Kranti Industries Ltd manufactures and supplies precision machined additives in India. The organisation provides differential housing, axle additives, transmission components, automotive additives, and different components. It offers its merchandise to authentic equipment manufacturers and suppliers inside the car enterprise, inclusive of oil engine and tractor components. The business enterprise serves construction, electric vehicle, and other industries. Kranti Industries Ltd was founded in 1981 and is primarily based in Pune, India.

Kranti Industries Share Price

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Peer Comparison

Kranti Industries Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	25	26	23	24	25	22	22	26	22	21
Other Income	0	0	0	0	0	-0	4	0	0	0
Total Income	25	26	23	24	25	22	26	26	22	21
Total Expenditure	23	23	21	21	22	19	21	23	19	20
Operating Profit	2	3	2	3	3	2	5	3	3	2
Interest	0	1	1	1	1	1	1	1	1	1
Depreciation	1	1	1	1	1	1	1	1	2	2
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	1	0	2	1	0	4	0	0	-1
Provision for Tax	0	1	0	0	0	0	1	0	-0	0
Profit After Tax	1	1	0	1	1	0	3	0	0	-1
Adjustments	0	0	0	-0	0	0	0	0	0	0
Profit After Adjustments	1	1	0	1	1	0	3	0	1	-1
Adjusted Earnings Per Share	0.8	0.5	0.2	1.2	0.7	0.4	2.7	0.3	0.5	-0.6

Kranti Industries Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	37	37	28	29	46	61	49	56	94	93	91
Other Income	0	1	0	0	0	0	0	0	0	4	4
Total Income	37	38	29	29	46	61	49	56	94	97	95
Total Expenditure	28	30	23	24	40	53	46	51	85	84	83
Operating Profit	9	8	6	5	6	9	4	6	9	14	13
Interest	4	4	3	3	2	2	2	2	2	2	4
Depreciation	4	4	4	3	3	3	3	4	4	4	6
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	1	-0	-1	1	3	-1	-0	3	7	3
Provision for Tax	0	0	0	-0	-0	1	-0	-0	1	2	1
Profit After Tax	0	0	-0	-1	1	2	-1	-0	2	5	2
Adjustments	-0	-0	-0	-0	0	-0	-0	-0	0	0	0
Profit After Adjustments	0	0	-0	-1	1	2	-1	-0	2	5	3
Adjusted Earnings Per Share	0.7	0.5	-0.3	-1.1	1.1	2	-1	-0.1	2.1	4.9	2.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-1%	24%	15%	0%
Operating Profit CAGR	56%	52%	18%	0%
PAT CAGR	150%	0%	38%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-17%	61%	17%	NA%
ROE Average	21%	10%	8%	5%
ROCE Average	18%	11%	10%	9%

Kranti Industries Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	11	13	13	12	13	20	19	20	22	27
Minority's Interest	0	0	-0	0	0	0	0	0	0	0
Borrowings	20	16	15	14	13	13	19	19	10	16
Other Non-Current Liabilities	1	1	1	1	1	1	1	1	4	4
Total Current Liabilities	12	13	12	17	17	13	13	20	25	26
Total Liabilities	45	44	42	44	44	48	52	60	62	74
Fixed Assets	36	30	29	27	25	27	37	38	41	48
Other Non-Current Assets	1	2	3	3	3	4	3	2	5	4
Total Current Assets	8	12	10	15	16	16	11	19	15	22
Total Assets	45	44	42	44	44	48	52	60	62	74

Kranti Industries Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	0	0	0	0	1	1	2	0
Cash Flow from Operating Activities	6	5	4	5	6	7	4	9	6
Cash Flow from Investing Activities	-0	-3	-1	-1	-6	-11	-4	-6	-5
Cash Flow from Financing Activities	-6	-2	-3	-4	1	3	1	-5	2
Net Cash Inflow / Outflow	-1	-0	-0	0	1	-1	1	-2	3
Closing Cash & Cash Equivalent	0	0	0	0	1	0	2	0	3

Kranti Industries Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.66	0.53	-0.26	-1.11	1.06	2	-0.98	-0.12	2.11	4.94
CEPS(Rs)	6.86	5.6	4.08	2.86	4.58	4.92	2.08	3.57	6.03	8.86
DPS(Rs)	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	15.01	15.79	15.55	14.35	15.4	19.24	18.25	19.01	21	25.96
Core EBITDA Margin(%)	20.33	17.35	19.96	15.31	12.42	13.25	6.74	9.29	9.71	10.08
EBIT Margin(%)	10.05	9.65	8.73	4.91	6.09	8.98	0.89	3.22	5.44	10.05
Pre Tax Margin(%)	1.22	1.31	-0.48	-3.88	1.32	5.04	-2.66	-0.21	3.04	7.37
PAT Margin (%)	1.17	1.08	-0.76	-3.27	1.93	3.49	-1.97	-0.04	2.33	5.6
Cash Profit Margin (%)	12.15	11.15	12.18	8.44	8.41	8.56	4.48	6.76	6.79	10.04
ROA(%)	1.06	1.03	-0.5	-2.18	2	4.62	-1.94	-0.04	3.59	7.72
ROE(%)	4.4	3.79	-1.62	-7.42	7.06	12.71	-4.87	-0.12	10.36	21.05
ROCE(%)	9.91	10.21	6.49	3.82	7.8	14.28	1.04	4.01	11.04	18.13
Receivable days	40.39	56.67	87.62	79.84	65.9	49.85	41.88	41.83	30.25	29.13
Inventory Days	14.72	15.87	36.7	57.47	46.44	35.61	47.38	49.69	31.87	34.49
Payable days	12.28	24.66	63.93	112.08	91.25	54.67	65.69	92.39	55.7	54.71
PER(x)	0	0	0	0	0	15.03	0	0	16.48	13.2
Price/Book(x)	0	0	0	0	0	1.56	0.94	1.03	1.65	2.51
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.91	0.81	1.1	1.09	0.64	0.84	0.86	0.81	0.65	1.03
EV/Core EBITDA(x)	3.9	3.58	5.08	6.54	5.09	5.95	11.72	8.07	6.54	7.1
Net Sales Growth(%)	0	1.13	-23.63	1.27	60.31	31.85	-19.34	13.82	68.15	-0.51
EBIT Growth(%)	0	0.17	-39.53	-43.06	98.65	94.48	-91.98	311.03	183.67	83.79
PAT Growth(%)	0	-3.55	-146.97	-335.62	194.68	138.75	-145.47	97.54	9332.91	138.55
EPS Growth(%)	0	-18.97	-148.27	-332.32	195.1	89.11	-148.89	87.75	1859.57	134.64
Debt/Equity(x)	2.82	1.92	1.84	1.99	1.73	1.01	1.25	1.3	1.08	1.08
Current Ratio(x)	0.65	0.91	0.84	0.86	0.94	1.21	0.88	0.99	0.6	0.83
Quick Ratio(x)	0.52	0.76	0.54	0.54	0.58	0.78	0.33	0.59	0.27	0.48
Interest Cover(x)	1.14	1.16	0.95	0.56	1.28	2.28	0.25	0.94	2.27	3.75
Total Debt/Mcap(x)	0	0	0	0	0	0.64	1.34	1.27	0.65	0.43

Kranti Industries Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	74.23	74.23	74.23	74.23	74.33	74.34	74.34	68.86	68.89	69.03
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	25.77	25.77	25.77	25.77	25.67	25.66	25.66	31.14	31.11	30.97
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.78	0.78	0.78	0.78	0.79	0.79	0.79	0.79	0.79	0.79
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.36	0.35	0.35
Others	0	0	0	0	0	0	0	0	0	0
Total	1.06	1.06	1.06	1.06	1.06	1.06	1.06	1.14	1.14	1.14

Pros

Company has delivered good profit growth of 37% CAGR over last 5 years
Debtor days have improved from 55.7 to 54.71days.

Cons

Company has a low return on equity of 10% over the 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.