BSE: 0 | NSE: KRISHCA | Steel & Iron Products | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Krishca Strapping Solutions Ltd is a average quality company.
The key valuation ratios of Krishca Strapping Solutions Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Krishca Strapping Solutions 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 % ⓘ | -21.5% | 0.8% | 19.6% | 74.4% | 45.8% | - |
| Value Creation Index ⓘ | -2.5 | NA | 0.4 | 4.3 | 2.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||
| Sales ⓘ | 1 | 9.4 | 18.6 | 72.3 | 105 | 105 |
| Sales YoY Gr. | - | 880.2% | 97.8% | 288.5% | 45.3% | - |
| Adj EPS ⓘ | -4.3 | -1.3 | 1.7 | 10.7 | 10.9 | 9.3 |
| YoY Gr. | - | NA | NA | 519.8% | 2.6% | - |
| BVPS (₹) ⓘ | 1.2 | -2.3 | 1.8 | 12.5 | 32.4 | 62.4 |
| Adj Net Profit ⓘ | -2.3 | -0.7 | 1.5 | 9.3 | 13.2 | 13 |
| Cash Flow from Ops. ⓘ | -0.6 | -1.5 | 0 | 11.3 | 1.6 | - |
| Debt/CF from Ops. ⓘ | -14.8 | -9 | 247.4 | 1.1 | 12.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 123.5% | 45.3% | ||||
| Adj EPS ⓘ | NA | NA | NA | 2.6% | ||||
| BVPSⓘ | NA | NA | NA | 159.2% | ||||
| Share Price | - | - | - | 27.8% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -349.8 | 240.4 | 767.5 | 148.9 | 52.8 | 19.7 |
| Op. Profit Mgn % ⓘ | -151.1 | 6.3 | 16.7 | 19.1 | 18.7 | 20.4 |
| Net Profit Mgn % ⓘ | -234.2 | -7.2 | 8.1 | 12.9 | 12.6 | 12.6 |
| Debt to Equity ⓘ | 12.9 | -11.1 | 5.9 | 1.1 | 0.5 | - |
| Working Cap Days ⓘ | 0 | 196 | 156 | 87 | 132 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 114 | 94 | 50 | 58 | 0 |
Sales growth is growing at healthy rate in last 3 years 123.47%
Debt to equity has declined versus last 3 years average to 0.52
Return on Equity has declined versus last 3 years average to 19.70%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 9.3 | - |
| TTM Sales (₹ Cr.) | 105 | - |
| BVPS (₹.) ⓘ | 62.4 | - |
| Reserves (₹ Cr.) ⓘ | 74 | - |
| P/BV ⓘ | 4.95 | - |
| PE ⓘ | 33.08 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 438 |
| Equity (₹ Cr.) | 14.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 21.7 |
| Pledged * | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Sales | 1 | 9 | 19 | 72 | 105 |
| Operating Expenses ⓘ | 2 | 9 | 16 | 58 | 85 |
| Manufacturing Costs | 0 | 0 | 1 | 5 | 6 |
| Material Costs | 1 | 6 | 12 | 51 | 74 |
| Employee Cost | 1 | 1 | 1 | 2 | 2 |
| Other Costs ⓘ | 1 | 1 | 0 | 2 | 3 |
| Operating Profit ⓘ | -1 | 1 | 3 | 14 | 20 |
| Operating Profit Margin (%) | -151.0% | 6.3% | 16.7% | 19.1% | 18.7% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 1 |
| Interest ⓘ | 0 | 1 | 1 | 1 | 1 |
| Depreciation ⓘ | 0 | 1 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -2 | -1 | 2 | 12 | 18 |
| Tax ⓘ | 0 | 0 | 0 | 2 | 4 |
| Profit After Tax | -2 | -1 | 2 | 9 | 13 |
| PAT Margin (%) | -233.0% | -7.1% | 8.1% | 12.9% | 12.6% |
| Adjusted EPS (₹) | -4.3 | -1.3 | 1.7 | 10.7 | 11.0 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 1 | -1 | 2 | 11 | 39 | |||||
| Share Capital ⓘ | 3 | 3 | 5 | 9 | 12 | |||||
| Reserves ⓘ | -2 | -4 | -3 | 2 | 27 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | |||||
| Debt | 8 | 13 | 9 | 12 | 18 | |||||
| Long Term Debt | 0 | 5 | 6 | 0 | 5 | |||||
| Short Term Debt | 8 | 8 | 4 | 12 | 13 | |||||
| Trade Payables | 0 | 1 | 1 | 8 | 13 | |||||
| Others Liabilities ⓘ | 0 | 0 | 3 | 3 | 7 | |||||
| Total Liabilities ⓘ | 9 | 13 | 15 | 34 | 77 | |||||
Fixed Assets | ||||||||||
| Gross Block | 6 | 6 | 8 | 9 | 11 | |||||
| Accumulated Depreciation | 0 | 0 | 4 | 5 | 6 | |||||
| Net Fixed Assetsⓘ | 6 | 6 | 5 | 4 | 5 | |||||
| CWIP ⓘ | 0 | 0 | 1 | 5 | 20 | |||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | |||||
| Inventories | 2 | 2 | 1 | 11 | 13 | |||||
| Trade Receivables | 1 | 2 | 6 | 12 | 24 | |||||
| Cash Equivalents | 0 | 0 | 0 | 0 | 1 | |||||
| Others Assetsⓘ | 1 | 2 | 2 | 2 | 14 | |||||
| Total Assets ⓘ | 9 | 13 | 15 | 34 | 77 | |||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -1 | -1 | 0 | 11 | 2 |
| PBT ⓘ | -2 | -1 | 2 | 12 | 18 |
| Adjustment ⓘ | 1 | 2 | 1 | 2 | 3 |
| Changes in Working Capital ⓘ | 1 | -2 | -3 | -3 | -16 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | -3 |
| Cash Flow From Investing Activity ⓘ | -3 | -3 | -1 | -5 | -19 |
| Capex | -3 | -3 | 0 | -1 | -3 |
| Net Investments | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | -1 | -4 | -17 |
| Cash Flow From Financing Activityⓘ | 3 | 4 | 1 | -6 | 18 |
| Net Proceeds from Shares ⓘ | 3 | 0 | 2 | 0 | 15 |
| Net Proceeds from Borrowing ⓘ | 0 | 5 | 0 | -6 | 4 |
| Interest Paid ⓘ | 0 | -1 | -1 | -1 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 | 1 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -349 | N/A | 771.66 | 149.1 | 52.92 | |||||
| ROCE (%) | -21.45 | N/A | 19.6 | 74.43 | 45.83 | |||||
| Asset Turnover Ratio | 0.1 | 0.85 | 1.31 | 2.9 | 1.88 | |||||
| PAT to CFO Conversion(x) | N/A | N/A | 0 | 1.22 | 0.15 | Working Capital Days | ||||
| Receivable Days | 292 | 59 | 79 | 45 | 62 | |||||
| Inventory Days | 598 | 69 | 34 | 31 | 42 | |||||
| Payable Days | 26 | 19 | 24 | 33 | 52 | |||||
The company was originally incorporated on December 12, 2017 as a Private Limited Company as ‘Krishca Strapping Steel Solutions Private Limited’ under the provisions of the Companies Act, 2013 with the Registrar of Companies, Chennai. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on December 12, 2022 the company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the company was changed to ‘Krishca Strapping Steel Solutions Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on December 29, 2022 by the Registrar of Companies, Chennai.
Established in the year 2017 at Sivakasi, Tamil Nadu, ‘Krishca Strapping Solutions Private Limited’ is a Private Limited based firm, engaged as the Manufacturer and Wholesaler of Strapping Tool, Strapping Seal, etc. Its products are high in demand due to their premium quality and affordable prices. At its Chennai facility, Heat treated high tensile Steel Straps are manufactured using state-of-the-art equipment and supervised by expert metallurgists and engineers. Its Steel strap quality parameters are in line with the American, European and Indian standards. Its integrated quality management system ensures consistency of physical and chemical properties.
Krishca Strapping Solutions is a startup venture in the business of manufacturing Steel Straps, Seals, and providing other allied packaging solutions; incorporated in December 2017 with the vision of providing total packaging solutions to steel industry. It started its commercial production at its Chennai plant in March 2020. Crafting a high-calibre product at a good value for customers is the fundamental objective of its company. Every batch of steel strap that leaves its factories also carries the weight of this objective. Krishca Strapping offers products and solutions that are designed to provide the best quality and service to its customers it is important to it that it consistently provides a high-quality product at a good value. Its manufacturing processes at every step of the way are leading-edge, sophisticated, and standardised to ensure consistent quality.
Business area of the company
Krishca Strapping Solutions is a startup venture in the business of manufacturing Steel Straps, Seals, and providing other allied packaging solutions with the vision of providing total packaging solutions to steel industry.
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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