KDDL Ltd - Stock Valuation and Financial Performance

BSE: 532054 | NSE: KDDL | Watches & Accessories | Small Cap

KDDL Share Price

3,071 -46.70 -1.50%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on KDDL

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

KDDL stock performance -

mw4me loader
P/E Ratio (SA):
17.60
Market Cap:
3,777.1 Cr.
52-wk low:
2,089.6
52-wk high:
3,801.5

Is KDDL Ltd an attractive stock to invest in?

1. Is KDDL Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that KDDL Ltd is a average quality company.

2. Is KDDL Ltd undervalued or overvalued?

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

3. Is KDDL Ltd a good buy now?

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

10 Year X-Ray of KDDL:

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.
KDDL Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 17.2%13.5%12%14.1%13.6%9.8%5.9%13.2%31.8%66%-
Value Creation
Index
0.20.0-0.20.00.0-0.3-0.6-0.11.33.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 127119125146176181147218305351343
Sales YoY Gr.--6%5.4%16.3%20.7%2.6%-18.7%48.4%39.9%15%-
Adj EPS 75.86.510.611.66.32.314.523.5114.9174.5
YoY Gr.--16.4%10.8%64.7%9.4%-46.2%-63.4%534.5%61.8%388.6%-
BVPS (₹) 5783.8103.3115.6141.6143.5148.5170201.9316.7249.7
Adj Net
Profit
6.467.111.813.77.42.718.529.5144215
Cash Flow from Ops. 20.217.919.214.92728.727.427.840.279.7-
Debt/CF from Ops. 2.72.42.14.42.12.92.82.520.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12%14.8%33.6%15%
Adj EPS 36.5%58.1%268.8%388.6%
BVPS21%17.5%28.7%56.8%
Share Price 29.4% 56.4% 54.7% 15%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
12.68.679.69.24.41.69.512.644.361.6
Op. Profit
Mgn %
19.617.517.218.817.916.616.619.217.226.818
Net Profit
Mgn %
5.155.78.17.84.11.88.59.741.162.6
Debt to
Equity
10.50.40.50.30.50.50.30.30.20.1
Working Cap
Days
174206203210180154187141136143105
Cash Conv.
Cycle
68797980727610072686638

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 61.60%

Sales growth is growing at healthy rate in last 3 years 33.64%

Net Profit is growing at healthy rate in last 3 years 268.79%

Sales growth is not so good in last 4 quarters at 0.36%

Latest Financials - KDDL Ltd.

Standalone Consolidated
TTM EPS (₹) 174.5 75.8
TTM Sales (₹ Cr.) 343 1,476
BVPS (₹.) 249.7 691.4
Reserves (₹ Cr.) 409 838
P/BV 12.30 4.44
PE 17.60 40.50
From the Market
52 Week Low / High (₹) 2089.60 / 3801.50
All Time Low / High (₹) 4.59 / 3801.50
Market Cap (₹ Cr.) 3,777
Equity (₹ Cr.) 12.3
Face Value (₹) 10
Industry PE 24.3

Management X-Ray of KDDL:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *6.033.200.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of KDDL

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
Sales127119125146176181147218305351
Operating Expenses 10298104118145151123176253276
Manufacturing Costs21202025303122355156
Material Costs29262934454538577682
Employee Cost 363739434955506510292
Other Costs 16151617211914192447
Operating Profit 25212227313024425274
Operating Profit Margin (%) 19.6%17.4%17.2%18.8%17.8%16.5%16.5%19.2%17.2%21.2%
Other Income 1235553559203
Interest 86656910899
Depreciation 777781212121314
Exceptional Items 0000000000
Profit Before Tax 10101220221452789254
Tax 434675262034
Profit After Tax 7781416932169220
PAT Margin (%) 5.1%5.5%6.0%9.6%8.9%5.1%2.3%9.8%22.7%62.8%
Adjusted EPS (₹)7.16.46.812.713.47.72.916.755.2175.5
Dividend Payout Ratio (%)28%23%22%19%18%26%52%18%7%35%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 5286114128167169173217253397
Share Capital 9101111121212131313
Reserves 4376103117155158161204241384
Minority Interest0000000000
Debt42333056426457456449
Long Term Debt19192233354541394032
Short Term Debt23149237191662417
Trade Payables11101015161415212723
Others Liabilities 42434457385355697096
Total Liabilities 147171198257263300300352413566

Fixed Assets

Gross Block1181296875117137142152170183
Accumulated Depreciation6570714223140495971
Net Fixed Assets5359626195107102103111112
CWIP 235242212934
Investments 1932486880101107138146138
Inventories22212127313226283946
Trade Receivables18202129242532456052
Cash Equivalents 65109915141612142
Others Assets27313240231818203643
Total Assets 147171198257263300300352413566

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 20181915272927284080
PBT 10101220221452789254
Adjustment 161311912182117-31-153
Changes in Working Capital -2-01-111-23-1017
Tax Paid -3-4-4-4-8-2-2-7-20-28
Cash Flow From Investing Activity -8-27-32-37-33-30-12-29-16150
Capex -7-13-13-20-23-11-80-3-36
Net Investments 0000000011122
Others -1-14-19-17-11-19-4-29-2463
Cash Flow From Financing Activity -148191078-144-32-99
Net Proceeds from Shares 03023225002500
Net Proceeds from Borrowing -5-2212613-11-6-5
Interest Paid -8-6-6-4-5-7-8-7-9-8
Dividend Paid -1-30-2-3-50-2-7-75
Others 0-1102-168-5-13-11-10
Net Cash Flow -2-26-121713-8131
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)12.829.537.5511.6410.675.431.9810.9329.4867.69
ROCE (%)17.1513.5111.9714.113.69.775.8913.2431.8466.04
Asset Turnover Ratio0.910.780.710.650.680.640.490.670.80.72
PAT to CFO Conversion(x)2.862.572.381.071.693.2291.330.580.36
Working Capital Days
Receivable Days50565762544970646358
Inventory Days60645960606373464044
Payable Days141146127136126118137113114112

KDDL Ltd Stock News

KDDL Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of KDDL on 20-Dec-2024 16:59 is ₹3,071.
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 20-Dec-2024 16:59 the market cap of KDDL stood at ₹3,777.1.
The latest P/E ratio of KDDL as of 20-Dec-2024 16:59 is 17.60.
The latest P/B ratio of KDDL as of 20-Dec-2024 16:59 is 12.30.
The 52-week high of KDDL is ₹3,801.5 and the 52-week low is ₹2,089.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of KDDL is ₹342.6 ( Cr.) .

About KDDL Ltd

KDDL, formerly known as Kamla Dials And Devices Limited, established in 1988 is a diverse company focusing on the business of Watches and Precision Engineering. For over two decades it has been a leading supplier of high quality watch components to international brands in Switzerland and India.

It has established India’s largest retail chain for Swiss watches - ETHOS Swiss Watch Studios. Its Precision Stamping Division offers high precision pressed components and tooling solutions for a wide range of engineering applications.The watch hands production factory at Bangalore was set up in 1997 and has a capacity of making over 30 million hands annually. Its global customer base is concentrated in India, Switzerland and Hong Kong.

EIGEN, the precision stamping division was established in 2004 to cater to a wide range of requirements from automobile, electronics and other fine engineering applications. The retail chain ETHOS, established in 2003, has grown into India’s largest retailer of Swiss watches.

The company’s shares are listed and traded at The Bombay Stock Exchange Limited, under scrip name KDDL Limited and the Stock Code is 532054.In 2005, it established a new subdivision at the Derabassi factory to manufacture UMPR (Eddi) stickers. This facility was expanded in 2006 to increase capacity and product range.

The company is a leading global supplier, serving many well-known watch-brands all over the world. Each of its four manufacturing locations in India specialises in products for specific markets.

Products range of the company includes:

The company is engaged in the manufacture of watch and watch components and precision engineering

  • Watch Dials
  • Watch Hands
  • EIGEN Engineering 
  • Swiss Watch Retail
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