Krypton Industries Ltd - Stock Valuation and Financial Performance

BSE: 523550 | NSE: | Tyres & Allied | Small Cap

Krypton Industries Share Price

83.90 -0.54 -0.64%
as on 26-Dec'24 15:17

DeciZen - make an informed investing decision on Krypton Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Krypton Industries stock performance -

mw4me loader
P/E Ratio (SA):
74.67
Market Cap:
124.1 Cr.
52-wk low:
30.1
52-wk high:
103

Is Krypton Industries Ltd an attractive stock to invest in?

1. Is Krypton Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Krypton Industries Ltd is a below average quality company.

2. Is Krypton Industries Ltd undervalued or overvalued?

The key valuation ratios of Krypton Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Krypton Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Krypton Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Krypton Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Krypton Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 5.4%5.6%-3.9%4.6%6.4%4.9%5.1%8.1%6.4%8.5%-
Value Creation
Index
-0.6-0.6-1.3-0.7-0.5-0.7-0.6-0.4-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 36.338.433.429.336.228.530.440.632.441.447
Sales YoY Gr.-5.7%-13.1%-12.1%23.4%-21.2%6.7%33.3%-20.2%27.8%-
Adj EPS 0.20.3-2.7-0.20.70.5-0.80.60.91.11.1
YoY Gr.-113.3%-943.8%NANA-24.6%-267.4%NA42.6%24.1%-
BVPS (₹) 20.220.417.617.518.418.81919.620.221.220.8
Adj Net
Profit
0.20.5-4-0.310.7-1.20.91.31.62
Cash Flow from Ops. -1.23.11.44.73.32.336.7-0.30.4-
Debt/CF from Ops. -15.15.813.23.34.46.85.31.7-5344.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.5%2.7%10.8%27.8%
Adj EPS 24.5%10.7%NA24.1%
BVPS0.6%2.9%3.8%5.1%
Share Price 19.9% 55.1% 66.1% 154.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.71.6-14.2-1.23.62.6-4.43.14.45.25.4
Op. Profit
Mgn %
9.611.4-2.18.810.610.64.512.712.812.311.5
Net Profit
Mgn %
0.61.2-11.9-12.72.5-42.23.93.93.5
Debt to
Equity
0.60.60.70.60.50.60.60.40.50.50.2
Working Cap
Days
297303358385293393402303381330136
Cash Conv.
Cycle
18720724926921027824715519618066

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.40%

Sales growth is growing at healthy rate in last 3 years 10.77%

Sales growth is good in last 4 quarters at 42.76%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Krypton Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.1 1.1
TTM Sales (₹ Cr.) 47.2 48.7
BVPS (₹.) 20.8 22.5
Reserves (₹ Cr.) 16 18
P/BV 4.05 3.76
PE 74.67 77.03
From the Market
52 Week Low / High (₹) 30.12 / 103.00
All Time Low / High (₹) 0.04 / 103.00
Market Cap (₹ Cr.) 124
Equity (₹ Cr.) 14.7
Face Value (₹) 10
Industry PE 30.4

Management X-Ray of Krypton Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Krypton Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales36383329362930413241
Operating Expenses 33343427322629362836
Manufacturing Costs45545447611
Material Costs19181714171116191214
Employee Cost 6676765566
Other Costs 4563345445
Operating Profit 34-13431545
Operating Profit Margin (%) 9.6%10.7%-2.1%8.8%10.4%10.4%4.2%12.4%12.1%12.1%
Other Income 1011013400
Interest 2222222222
Depreciation 2222222222
Exceptional Items 0000000-400
Profit Before Tax 00-40100112
Tax 0000000101
Profit After Tax 00-40110112
PAT Margin (%) 0.6%1.0%-11.9%-0.1%2.6%2.4%0.8%2.2%3.5%3.7%
Adjusted EPS (₹)0.20.3-2.70.00.60.50.20.60.81.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 30302626272828293031
Share Capital 15151515151515151515
Reserves 15151111121313141516
Minority Interest0000000000
Debt18161614141413101315
Long Term Debt6432146577
Short Term Debt121213121297569
Trade Payables4553225533
Others Liabilities 3465577666
Total Liabilities 55555348485053505255

Fixed Assets

Gross Block35352121222324252627
Accumulated Depreciation13152357891112
Net Fixed Assets22201917171616161515
CWIP 0000001000
Investments 0000000001
Inventories16181918171818141517
Trade Receivables101097676879
Cash Equivalents 2211211120
Others Assets55556711111314
Total Assets 55555348485053505255

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -1315323700
PBT 00-40100112
Adjustment 3443333333
Changes in Working Capital -5-121-1-1-02-4-5
Tax Paid 0000000000
Cash Flow From Investing Activity -1000-1-1-1-1-1-1
Capex -1000-1-2-2-1-1-1
Net Investments 0000000000
Others 0000000100
Cash Flow From Financing Activity 2-3-2-4-2-1-1-620
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 30-1-1-131-13-1
Interest Paid -2-2-2-2-1-2-2-1-1-2
Dividend Paid 0000000000
Others 2-11-10-3-1-412
Net Cash Flow 00-100-1001-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.781.3-14.27-0.163.532.510.923.173.835.02
ROCE (%)5.385.6-3.924.646.44.945.078.076.398.48
Asset Turnover Ratio0.680.70.620.580.760.580.590.790.640.77
PAT to CFO Conversion(x)N/AN/AN/AN/A32N/A700
Working Capital Days
Receivable Days979410598648481638471
Inventory Days148161198224176227216143163138
Payable Days107981101055876879611677

Krypton Industries Ltd Stock News

Krypton Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Krypton Industries on 26-Dec-2024 15:17 is ₹83.90.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Dec-2024 15:17 the market cap of Krypton Industries stood at ₹124.1.
The latest P/E ratio of Krypton Industries as of 26-Dec-2024 15:17 is 74.67.
The latest P/B ratio of Krypton Industries as of 26-Dec-2024 15:17 is 4.05.
The 52-week high of Krypton Industries is ₹103.0 and the 52-week low is ₹30.12.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Krypton Industries is ₹47.17 ( Cr.) .

About Krypton Industries Ltd

Krypton Industries was incorporated as a public limited company in the state of West Bengal at Calcutta on April 6, 1990 and obtained the certificate of commencement of business on April 20, 1990. The immediate object of the company is to set up a new Industrial undertaking at Falta Export Processing Zone (FEPZ), a Free Trade Zone, for manufacture of Multi-Cellular Polyurethane (MCP) tubeless cycle tyres. The licensed capacity of the plant is 10, 00,000 tyres per annum and the installed capacity is 8, 60,000 tyres per annum on two shift basis. The company has been promoted by J P Toshniwal, M L Kankaria and C L Sarawgli in collaboration with Canada-based Poly Air Tires Inc, a professionally managed company that is represented on the board by Edward R and Charlotte K Alsman. After extensive Research & Development, Poly Air has developed a technology for manufacture of MCP tyres and is presently operating a pilot plant successfully at Windsor, Canada. The company has also established a wide marketing network in USA, Canada and Europe. Jayshree Enterprises is a partnership firm, manufacturing portable generator sets for the Indian Railway. Kisan Krishi Yantra Udyog, a partnership firm, is manufacturing rice mill, dal mill, oil expellers and agricultural equipments. All the three units are running profitably.

Krypton Industries produces multi-cellular polyurethane tubeless cycle tires with technical knowhow obtained from Poly Air Tires of Canada. The company plants are located in Parganas, West Bengal. The unit is an export oriented unit. Poly Air agreed to buy back 75% of company's production. Accumulated losses led the company to seek a rehabilitation package from BIFR, which declared it a sick unit in 1998. The company has since come back into the black and has now accumulated reserves that almost equal its share capital. The registered office is in Kolkata. Jay Singh Bardia is the company chairman and managing director.

Business areas of the company:

The group's principal activity is to manufacture MCP tubeless tyres. It operates in two segments namely tyre rims and footwear. The Group's products include MCP tubeless tyres and shoe soles. It manufactures tubes for bicycles, wheelchairs, castors, industrial applications such as trolleys, fork lifts, load carriers, hand trucks, hand operated tractors and others.

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