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Krishanveer Forge share price

Krishanveer Forge Ltd.

BSE: 513369 SECTOR: Forgings  8840   34   1

85.05
+4.05 (5.00%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 85.05

Today's Low

₹ 83.3

52 Week High

₹ 94.9

52 Week Low

₹ 36.65

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

93.04 Cr.

Enterprise Value

90.68 Cr.

No. of Shares

1.09 Cr.

P/E

20.43

P/B

2.44

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  34.89

CASH

0.81 Cr.

DEBT

-1.55 Cr.

Promoter Holding

72.47 %

EPS (TTM)

₹  4.16

Sales Growth

20.36%

ROE

4.78 %

ROCE

8.2%

Profit Growth

-56.22 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year20.36%
3 Year16.72%
5 Year22.63%

Profit Growth

1 Year-56.22%
3 Year-28.88%
5 Year31.07%

ROE%

1 Year4.78%
3 Year9.77%
5 Year11.58%

ROCE %

1 Year8.2%
3 Year14.06%
5 Year16.57%

Debt/Equity

-0.044

Price to Cash Flow

12.58

Interest Cover Ratio

3.18227496258285

CFO/PAT (5 Yr. Avg.)

1.04789340103649

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 72.47 0
Sep 2023 72.47 0
Jun 2023 72.47 0
Mar 2023 72.47 0
Dec 2022 72.47 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 16.7227018327163% for the Past 3 years.
  • The company has significantly decreased its debt by 6.8814 Cr.
  • The company has an efficient Cash Conversion Cycle of 72.3283080675456 days.
  • Company has a healthy liquidity position with current ratio of 3.00380031950467.
  • The company has a good cash flow management; CFO/PAT stands at 1.04789340103649.
  • The company has a high promoter holding of 72.47%.

 Limitations

  • The company has shown a poor profit growth of -28.8774471253395% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 19.06 19.02 19.26 18.48 23.01
Total Expenditure 18.64 16.45 17.31 17.62 20.85
Operating Profit 0.42 2.57 1.96 0.86 2.16
Other Income 0 0 0 0 0
Interest 0.17 0.2 0.1 0.03 0.07
Depreciation 0.41 0.39 0.39 0.39 0.39
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.16 1.98 1.47 0.44 1.71
Tax 0.01 0.37 0.32 0.12 0.23
Profit After Tax -0.17 1.61 1.15 0.33 1.47
Adjusted EPS (Rs) -0.16 1.47 1.05 0.3 1.35

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 55.11 50.88 40.44 67.22 80.91
Total Expenditure 47.77 43.43 34.05 60.62 76.92
Operating Profit 7.34 7.45 6.39 6.6 3.99
Other Income 0.12 0.12 0.18 0.91 0.61
Interest 1.08 0.62 0.62 0.62 0.94
Depreciation 1.22 1.35 1.56 1.53 1.62
Exceptional Items -1.26 0 0 0 0
Profit Before Tax 3.9 5.59 4.39 5.36 2.04
Tax 1.82 1.01 0.81 1.61 0.4
Net Profit 2.08 4.57 3.58 3.76 1.64
Adjusted EPS (Rs.) 1.9 4.18 3.27 3.43 1.5

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 10.94 10.94 10.94 10.94 10.94
Total Reserves 11.2 15.7 18.91 22.64 24.28
Borrowings 0 1.33 0 0 0
Other N/C liabilities 1.76 1.95 2.06 2.17 2.21
Current liabilities 16.86 15.11 12.33 18.3 10.08
Total Liabilities 40.76 45.03 44.24 54.05 47.51
Assets
Net Block 12.83 17.65 16.12 17.71 16.58
Capital WIP 5.7 2.55 2.67 0 0.39
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0.34 0.34 0.27 0.27 0.27
Other N/C Assets 0 0 0 0 0
Current Assets 21.89 24.49 25.19 36.07 30.27
Total Assets 40.76 45.03 44.24 54.05 47.51
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 5.16 5.59 4.39 5.36 2.04
Adjustment 1.93 1.78 1.7 1.83 2.07
Changes in Assets & Liabilities -2.38 -2.25 0.25 -10.35 4.01
Tax Paid -0.52 -1.2 -0.76 -1.53 -0.72
Operating Cash Flow 4.19 3.91 5.58 -4.7 7.4
Investing Cash Flow -3.41 -2.97 -0.03 -0.32 -0.79
Financing Cash Flow -1 0.78 -1.78 -0.41 -0.53
Net Cash Flow -0.22 1.72 3.76 -5.43 6.07

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 72.47 72.47 72.47 72.47 72.47
arun krishankumar jindal 6.64 6.64 6.64 6.64 6.64
western india forgings pr... - 65.82 65.82 65.82 65.82
western indis forgings pr... 65.82 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 27.53 27.53 27.53 27.53 27.53
investor education and pr... - - - - 6.71
investor education and pr... - - - 6.71 -
investor education and pr... 6.76 6.76 6.71 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Krishanveer Forge informs about details of loss of certificate28 Feb 2024, 1:01PM Krishanveer Forge - Quaterly Results9 Feb 2024, 5:39PM Krishanveer Forge - Quaterly Results9 Feb 2024, 5:39PM Krishanveer Forge submits board meeting intimation 1 Feb 2024, 4:43PM Krishanveer Forge informs about certificate6 Jan 2024, 10:54AM Krishanveer Forge informs about loss of share certificate28 Nov 2023, 2:51PM Krishanveer Forge submits scrutinizers report18 Sep 2023, 5:18PM Krishanveer Forge informs about video link of AGM16 Sep 2023, 11:39AM Krishanveer Forge informs about loss of share certificate2 Sep 2023, 11:19AM Krishanveer Forge informs about details of loss of certificate 2 Sep 2023, 11:11AM Krishanveer Forge informs about newspaper publication 23 Aug 2023, 10:24AM Krishanveer Forge informs about loss of share certificate 23 Aug 2023, 10:11AM Krishanveer Forge informs about credit rating19 Aug 2023, 2:23PM Krishanveer Forge informs about board meeting 4 Aug 2023, 10:40AM Krishanveer Forge informs about certificate6 Jul 2023, 9:58AM Krishanveer Forge informs about closure of trading window30 Jun 2023, 11:51AM Krishanveer Forge informs about closure of trading window 30 Jun 2023, 10:33AM Krishanveer Forge informs about loss of share certificate 23 May 2023, 5:05PM Krishanveer Forge informs about annual secretarial compliance report20 May 2023, 11:49AM Krishanveer Forge - Quaterly Results19 May 2023, 6:10PM Krishanveer Forge - Quaterly Results19 May 2023, 6:10PM Krishanveer Forge informs about loss of share certificate 10 May 2023, 5:12PM Krishanveer Forge informs about closure of trading window 29 Mar 2023, 10:36AM Krishanveer Forge informs about loss of share certificate28 Feb 2023, 12:51PM Krishanveer Forge - Quaterly Results11 Feb 2023, 6:06PM Krishanveer Forge - Quaterly Results11 Feb 2023, 6:06PM Krishanveer Forge informs about change in website address of the company3 Jan 2023, 10:22AM Rajkumar Forge informs about scrutinizer's report20 Aug 2022, 12:14PM Rajkumar Forge - Quaterly Results10 Aug 2022, 6:33PM Rajkumar Forge informs about outcome of board meeting 14 Jul 2022, 3:59PM Rajkumar Forge - Quaterly Results11 May 2022, 7:35PM Rajkumar Forge - Quaterly Results11 May 2022, 7:35PM Rajkumar Forge informs about details of loss of share certificate 7 May 2022, 10:57AM Rajkumar Forge informs about disclosure27 Apr 2022, 4:56PM Rajkumar Forge informs about proceedings of 31st AGM20 Sep 2021, 3:46PM Rajkumar Forge informs about newspaper advertisement16 Aug 2021, 12:15PM Rajkumar Forge informs about newspaper publication28 Jun 2021, 11:37AM Rajkumar Forge informs about loss of share certificate2 Jun 2021, 10:30AM Rajkumar Forge informs about loss of share certificate18 May 2021, 5:23PM Rajkumar Forge informs about loss of share certificate 18 May 2021, 12:44PM Rajkumar Forge informs about certificate11 Jan 2021, 11:08AM Rajkumar Forge informs about disclosure on related party transactions26 Nov 2020, 10:37AM Rajkumar Forge informs about newspaper publication31 Oct 2020, 11:59AM Rajkumar Forge informs about AGM18 Aug 2020, 5:05PM Rajkumar Forge informs about temporary suspension of operations of pune office14 Jul 2020, 12:45PM

Krishanveer Forge Stock Price Analysis and Quick Research Report. Is Krishanveer Forge an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Krishanveer Forge has a PE ratio of 20.4304691441063 which is high and comparatively overvalued .

  • Share Price: - The current share price of Krishanveer Forge is Rs 85.05. One can use valuation calculators of ticker to know if Krishanveer Forge share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Krishanveer Forge has ROA of 3.23868061921919 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Krishanveer Forge has a Current ratio of 3.00380031950467 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Krishanveer Forge has a ROE of 4.7805857925467 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Krishanveer Forge has a D/E ratio of -0.044 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Krishanveer Forge has an Inventory turnover ratio of 6.8747217265698 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Krishanveer Forge has reported revenue growth of 20.3583292052881 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Krishanveer Forge for the current financial year is 4.93037822926116 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Krishanveer Forge is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Krishanveer Forge
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