Kinetic Engineering Ltd.

NSE: KINETICENG BSE: 500240 SECTOR: Auto Ancillary  2842   9   0

63.25
-0.55 (-0.86%)
BSE: Today, 05:10 PM

Price Summary

Today's High

₹ 65.5

Today's Low

₹ 62.8

52 Week High

₹ 69.2

52 Week Low

₹ 0

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

112.01 Cr.

Enterprise Value

180.02 Cr.

No. of Shares

1.77 Cr.

P/E

80.58

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -6.29

CASH

0.27 Cr.

DEBT

68.28 Cr.

Promoter Holding

49.13 %

EPS (TTM)

₹  0.78

Sales Growth

-27.54%

ROE

0 %

ROCE

0.28%

Profit Growth

31.68 %

* 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

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

 Group Companies

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Ratios

Sales Growth

1 Year-27.54%
3 Year-5.99%
5 Year6.79%

Profit Growth

1 Year31.68%
3 Year6.23%
5 Year-226.31%

ROE%

1 Year0%
3 Year-33.93%
5 Year-47.62%

ROCE %

1 Year0.28%
3 Year-1.83%
5 Year-3.28%

Debt/Equity

8.8526

Price to Cash Flow

158.07

Interest Cover Ratio

0.0333028135135555

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2021 49.13 0
Jun 2021 49.13 0
Mar 2021 49.13 0
Dec 2020 49.13 0
Sep 2020 49.13 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of -213.506404321219 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 221.743702200743.

 Limitations

  • The company has shown a poor profit growth of 6.22536125332014% for the Past 3 years.
  • The company has shown a poor revenue growth of -5.98798153989279% for the Past 3 years.
  • Company has a poor ROE of -33.9308091797227% over the past 3 years.
  • Company has a poor ROCE of -1.82649304292101% over the past 3 years
  • Company has high Debt to Equity ratio of 8.8526.
  • Company has low Interest coverage ratio of 0.0333028135135555.
  • The company has a low EBITDA margin of -0.62688595112406% over the past 5 years.
  • The company has negative book value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
Net Sales 20.64 26.39 31.93 27.52 32.13
Total Expenditure 20.05 24.29 28.14 24.53 28.87
Operating Profit 0.59 2.1 3.79 2.99 3.26
Other Income 1.04 0.59 0.8 0.59 0.58
Interest 1.6 1.66 1.65 1.66 1.66
Depreciation 1.71 1.72 1.64 1.72 1.6
Exceptional Items 0 0 0 0 0
Profit Before Tax -1.68 -0.69 1.3 0.2 0.58
Tax 0 0 0 0 0
Profit After Tax -1.68 -0.69 1.3 0.2 0.58
Adjusted EPS (Rs) -0.95 -0.39 0.73 0.11 0.33

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 79.5 100.94 115.77 115.75 83.87
Total Expenditure 85.66 101.86 115.84 115.22 80.04
Operating Profit -6.16 -0.92 -0.07 0.53 3.83
Other Income 6.25 6.02 5.23 4.17 3.17
Interest 4.97 4.96 5.98 6.6 6.44
Depreciation 8.14 7.91 7.34 7.21 6.78
Exceptional Items 0 0 0 0 0
Profit Before Tax -13.02 -7.77 -8.16 -9.12 -6.23
Tax 0 0 0 0 0
Net Profit -13.02 -7.77 -8.16 -9.12 -6.23
Adjusted EPS (Rs.) -7.78 -4.39 -4.61 -5.15 -3.52

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 38.55 37.34 37.34 37.34 37.34
Total Reserves 1.03 -5.28 -14.1 -23.52 -29.63
Borrowings 24.83 25.02 34.79 34.54 36.4
Other N/C liabilities 24.49 20.47 18.19 15.52 16.36
Current liabilities 69.69 77.88 84.84 84 84.53
Total Liabilities 158.58 155.43 161.06 147.87 145
Assets
Net Block 90.32 87.79 83.02 77.6 72.46
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 7.35 7.1 6.5 5.42 5.6
Loans & Advances 2.32 3.14 3.12 3.09 3.31
Other N/C Assets 3.18 2.07 2.07 2.07 2.07
Current Assets 55.41 55.34 66.35 59.7 61.56
Total Assets 158.58 155.43 161.06 147.87 145
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations -13.59 -7.51 -8.81 -9.42 -6.11
Adjustment 10.46 10.36 9.28 10.9 10.57
Changes in Assets & Liabilities 6.68 4.31 0.08 5.18 -4.87
Tax Paid -0.45 0.48 0.35 -0.12 1.12
Operating Cash Flow 3.1 7.65 0.89 6.54 0.71
Investing Cash Flow 1.63 -5.25 -0.47 -0.58 -1.74
Financing Cash Flow -3.65 -3.5 -0.57 -5.57 0.46
Net Cash Flow 1.08 -1.1 -0.15 0.39 -0.58

Corporate Actions

Investors Details

PARTICULARS Sep 2020% Dec 2020% Mar 2021% Jun 2021% Sep 2021%
Promoters 49.13 49.13 49.13 49.13 49.13
microage instrumen... - - - - 18.09
micro age instrume... - - - - -
micro age instrume... 22.33 22.33 22.33 22.33 -
jayashree arun fir... 19.62 19.62 19.62 19.62 19.33
ajinkya arun firod... 6.38 6.38 6.38 6.38 6.75
arun hastimal firo... 0.80 0.80 0.80 0.80 0.65
PARTICULARS Sep 2020% Dec 2020% Mar 2021% Jun 2021% Sep 2021%
Investors 50.87 50.87 50.87 50.87 50.87
ashoka investment ... 9.88 9.88 9.88 9.88 -
reliance corporate... 3.39 3.39 3.39 3.39 -
reliance value ser... - 3.39 - 3.39 -
harsha hitesh jave... 2.29 2.29 2.29 2.29 2.24
aia singapore priv... 1.80 1.80 1.64 - -
aia international ... 1.14 1.14 1.04 - -
hitesh ramji javeri 1.11 1.11 1.11 1.13 -
llp - - 0.01 0.01 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Kinetic Engg is performing and if it is the right time to buy the stock of Kinetic Engg with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Kinetic Engg has reported poor sales growth of -27.5408195972081 % and in the latest quarter sales was Rs 27.52 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 2.81015644109083 times for Kinetic Engg . It is managing its inventory poorly .
     
  • The company reported Profit growth of 31.6767938228004 % over the year, where the latest year profit is Rs -6.2293 Cr compared to the previous year of Rs -9.1174 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of the company in the latest quarter is Rs 2.99 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Kinetic Engg has a poor ROE of 0 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Kinetic Engg has a high Debt to Equity ratio of 8.8526.
     
  • Kinetic Engg pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
     
  • The share of promoter in the company is low at 49.13 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Kinetic Engg is 81.0931328831698 compared to the 5 year average PE of 0 .
Brief about Kinetic Engg

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