BSE: 544023 | NSE: | Castings/Forgings | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Kalyani Cast-Tech Ltd is a average quality company.
The key valuation ratios of Kalyani Cast-Tech Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kalyani Cast-Tech Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 4.3% | 4.6% | 17.5% | 83.5% | 35.3% | - |
| Value Creation Index ⓘ | -0.7 | -0.7 | 0.3 | 5.0 | 1.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||
| Sales ⓘ | 13 | 11.2 | 49.5 | 63.3 | 94.5 | 94 |
| Sales YoY Gr. | - | -13.8% | 341.5% | 28% | 49.3% | - |
| Adj EPS ⓘ | 0.1 | 0.5 | 2.3 | 16.3 | 13.3 | 13.4 |
| YoY Gr. | - | 300% | 348.1% | 600.9% | -18.5% | - |
| BVPS (₹) ⓘ | 9.3 | 10 | 12.4 | 28.5 | 70.1 | 70.1 |
| Adj Net Profit ⓘ | 0.1 | 0.3 | 1.2 | 8.2 | 9.6 | 10 |
| Cash Flow from Ops. ⓘ | 0.7 | 0.4 | 5.7 | 4.3 | -8.8 | - |
| Debt/CF from Ops. ⓘ | 7.5 | 13 | 0.5 | 0.8 | -0.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 103.6% | 49.3% | ||||
| Adj EPS ⓘ | NA | NA | 194.7% | -18.5% | ||||
| BVPSⓘ | NA | NA | 91.2% | 146.1% | ||||
| Share Price | - | - | - | 27.6% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 1.4 | 5.7 | 20.8 | 79.9 | 29.6 | 19.1 |
| Op. Profit Mgn % ⓘ | 7.4 | 7.5 | 4.5 | 18.8 | 14.3 | NAN |
| Net Profit Mgn % ⓘ | 0.4 | 2.3 | 2.4 | 12.9 | 10.1 | 10.2 |
| Debt to Equity ⓘ | 1.3 | 1 | 0.4 | 0.2 | 0.2 | - |
| Working Cap Days ⓘ | 0 | 316 | 67 | 64 | 88 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 160 | 32 | 32 | 67 | 0 |
Sales growth is growing at healthy rate in last 3 years 103.57%
Net Profit is growing at healthy rate in last 3 years 194.71%
Return on Equity has declined versus last 3 years average to 19.10%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 13.4 | 13.4 |
| TTM Sales (₹ Cr.) | 94.5 | 94.5 |
| BVPS (₹.) ⓘ | 70.1 | 70.1 |
| Reserves (₹ Cr.) ⓘ | 43 | 43 |
| P/BV ⓘ | 6.44 | 6.44 |
| PE ⓘ | 33.75 | 33.78 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 333.70 / 650.00 |
| All Time Low / High (₹) | 264.10 / 650.00 |
| Market Cap (₹ Cr.) | 324 |
| Equity (₹ Cr.) | 7.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 30.8 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Sales | 13 | 11 | 49 | 63 | 94 |
| Operating Expenses ⓘ | 12 | 10 | 47 | 52 | 81 |
| Manufacturing Costs | 2 | 1 | 7 | 10 | 11 |
| Material Costs | 9 | 8 | 38 | 38 | 65 |
| Employee Cost | 0 | 0 | 1 | 1 | 2 |
| Other Costs ⓘ | 1 | 1 | 2 | 3 | 3 |
| Operating Profit ⓘ | 1 | 1 | 2 | 12 | 14 |
| Operating Profit Margin (%) | 7.4% | 7.5% | 4.5% | 18.5% | 14.3% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 1 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 1 | 1 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 1 | 11 | 13 |
| Tax ⓘ | 0 | 0 | 0 | 3 | 4 |
| Profit After Tax | 0 | 0 | 1 | 8 | 10 |
| PAT Margin (%) | 0.4% | 3.2% | 2.4% | 12.7% | 10.2% |
| Adjusted EPS (₹) | 0.1 | 0.7 | 2.3 | 16.1 | 13.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 4 | 5 | 6 | 14 | 50 | |||||
| Share Capital ⓘ | 5 | 5 | 5 | 5 | 7 | |||||
| Reserves ⓘ | 0 | 0 | 1 | 9 | 43 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | |||||
| Debt | 5 | 4 | 2 | 3 | 8 | |||||
| Long Term Debt | 4 | 3 | 2 | 2 | 0 | |||||
| Short Term Debt | 2 | 2 | 0 | 1 | 8 | |||||
| Trade Payables | 5 | 3 | 4 | 3 | 3 | |||||
| Others Liabilities ⓘ | 1 | 1 | 3 | 4 | 3 | |||||
| Total Liabilities ⓘ | 15 | 14 | 16 | 24 | 65 | |||||
Fixed Assets | ||||||||||
| Gross Block | 4 | 9 | 11 | 11 | 14 | |||||
| Accumulated Depreciation | 0 | 5 | 5 | 6 | 7 | |||||
| Net Fixed Assetsⓘ | 4 | 4 | 6 | 5 | 7 | |||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | |||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 16 | |||||
| Inventories | 6 | 6 | 2 | 10 | 15 | |||||
| Trade Receivables | 3 | 2 | 6 | 2 | 16 | |||||
| Cash Equivalents | 0 | 0 | 1 | 5 | 10 | |||||
| Others Assetsⓘ | 1 | 1 | 0 | 2 | 2 | |||||
| Total Assets ⓘ | 15 | 14 | 16 | 24 | 65 | |||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 1 | 0 | 6 | 4 | -9 |
| PBT ⓘ | 0 | 0 | 1 | 11 | 13 |
| Adjustment ⓘ | 1 | 1 | 1 | 1 | 1 |
| Changes in Working Capital ⓘ | -0 | -1 | 4 | -7 | -17 |
| Tax Paid ⓘ | 0 | 0 | 0 | -1 | -6 |
| Cash Flow From Investing Activity ⓘ | -1 | 0 | -2 | -1 | -18 |
| Capex | -1 | 0 | -2 | 0 | -2 |
| Net Investments | 0 | 0 | 0 | 0 | -15 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0 | 0 | -3 | 1 | 31 |
| Net Proceeds from Shares ⓘ | 0 | 1 | 0 | 0 | 30 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | -2 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 1 | 0 | -2 | 1 | 3 |
| Net Cash Flow ⓘ | 0 | 0 | 1 | 4 | 4 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 1.38 | 7.68 | 20.89 | 78.56 | 29.71 | |||||
| ROCE (%) | 4.33 | 4.62 | 17.45 | 83.47 | 35.33 | |||||
| Asset Turnover Ratio | 0.87 | 0.78 | 3.33 | 3.15 | 2.13 | |||||
| PAT to CFO Conversion(x) | N/A | N/A | 6 | 0.5 | -0.9 | Working Capital Days | ||||
| Receivable Days | 89 | 89 | 31 | 22 | 34 | |||||
| Inventory Days | 165 | 191 | 31 | 35 | 47 | |||||
| Payable Days | 184 | 174 | 35 | 35 | 18 | |||||
Kalyani Cast-Tech was originally incorporated on September 26, 2012 as a Private Limited Company under the name and style of ‘Kalyani Cast-Tech Private Limited’ under the provisions of Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi & Haryana. Pursuant to shareholders’ resolution passed at Extra Ordinary General Meeting held on April 29, 2022, the company was converted into a Public Limited Company and the name of the Company was changed to Kalyani Cast-Tech Limited vide a fresh Certificate of Incorporation issued by Registrar of Companies, Delhi.
The company was incorporated in the year 2012, initially it started with the business of casting for which it had commissioned a casting unit at Rewari in Haryana. The company has a class A foundry and manufactures products such as MG Coupler Components, CI Brake Blocks, Adapter for WDG4 Loco, Bearing housing for electrical loco, Corner casting for Containers motor hub traction motors etc. It caters to a diverse client base such as Indian railways, companies engaged in Mining Industry, Cement Industry, chemicals and fertilizer and power plants. The company while catering to railways saw an opportunity in the year 2018 and started an addition line of business of manufacturing Containers. These containers were used by the railway transporters to transport goods via rail network in India.
Being a cargo container manufacturing Company, it manufactures a wide product range of castings, including finished components and are specialists in various types of cargo containers such as ISO containers 20’, 25’, 40’, 42’ and other special containers including dwarf containers, cuboid containers, special containers for parcel cargo and containers for two & three wheelers. With an unparalleled experience, technical know-how and a state-of-the-art manufacturing facility, Kalyani proves to be a reliable name for their clients. The company has adopted the no-bake system of moulding and having automatic sand plant starting from knock out, screening, cooling and mixing of sand. The company is also involved in exports.
Business area of the company
Kalyani Cast Tech, a Company which was engaged in a business of Manufacturing of Container, Class of Foundry, Casting of Steel & Iron and Railway parts in India. At present, Company was mainly active in Container manufacturing like Cargo Containers, Double Stack Containers, Dwarf Containers, etc, and casting of Steel & Iron including finished components. It was actively working on improving its working ability, production and quality for strengthen & increase its market share with aim a to become leading company of India.
Products of the company
History and milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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