KRITI NUTRIENTS
Q1 FY 21 RESULTS REVIEW
DT 15 09 20
The Kriti Group :
The Kriti Group comprises three companies called Kriti Industries (India) Limited, Kriti Nutrients Limited and Kriti Auto Engineering & PlasticsPvt.Limited.
|
Management |
||
|
Shiv Singh Mehta |
Managing Director |
|
|
Saurabh Singh Mehta |
EXECUTIVE DIRECTOR |
|
Businesses
The Company is engaged in soybean processing, producing branded refined soybean oil and manufacturing value-added protein-based products that address specialised applications in the food and pharmaceutical sectors.
Location
The Company’s soybean processing plant is located in Dewas.
|
Kriti Nutrients (in Rs. Cr.) |
Jun '20 |
Mar '20 |
Jun '19 |
YOY |
QOQ |
|
Net Sales |
170.44 |
109.54 |
141.77 |
20.22 |
55.6 |
|
Raw Materials |
145.26 |
88.16 |
120.91 |
20.14 |
64.77 |
|
Traded Goods |
1.97 |
0.85 |
1.9 |
3.68 |
131.76 |
|
Increase/Decrease in Stocks |
-0.08 |
6.45 |
0.32 |
-125 |
-101.24 |
|
Employees Cost |
2.22 |
3.59 |
2.11 |
5.21 |
-38.16 |
|
depreciat |
0.82 |
0.8 |
0.71 |
15.49 |
2.5 |
|
Other Expenses |
9.91 |
7.87 |
10.06 |
-1.49 |
25.92 |
|
P/L Before Other Inc. , Int., Excpt. Items & Tax |
10.34 |
1.82 |
5.75 |
79.83 |
468.13 |
|
Other Income |
0.89 |
1.24 |
0.52 |
71.15 |
-28.23 |
|
P/L Before Int., Excpt. Items & Tax |
11.23 |
3.06 |
6.28 |
78.82 |
266.99 |
|
Interest |
0.23 |
0.35 |
0.47 |
-51.06 |
-34.29 |
|
P/L Before Tax |
11.01 |
2.71 |
5.8 |
89.83 |
306.27 |
|
Tax |
2.84 |
-3.72 |
2.03 |
39.9 |
-176.34 |
|
Net Profit |
8.16 |
6.44 |
3.77 |
116.45 |
26.71 |
|
Equity |
5.01 |
5.01 |
5.01 |
0 |
0 |
|
Basic EPS |
1.63 |
1.28 |
0.75 |
117.33 |
27.34 |
|
MP |
36.95 |
||||
|
PE |
5.66 |
||||
|
VOLUMES |
98000 |
BSE ONLY |
52 Wk L/H 12.5 50.85
Market Depth
BUY 17.69 K
SELL 12.00 K
|
Annual |
Mar-20 |
Mar-19 |
Mar-18 |
Mar-17 |
Mar-16 |
|
Sales |
520 |
485 |
460 |
456 |
357 |
|
Other Income |
3 |
0 |
1 |
2 |
1 |
|
Total Income |
523 |
486 |
462 |
459 |
359 |
|
Total Expenditure |
499 |
457 |
431 |
444 |
345 |
|
EBIT |
23 |
29 |
30 |
14 |
13 |
|
Interest |
1 |
2 |
5 |
4 |
4 |
|
Tax |
3 |
9 |
9 |
3 |
2 |
|
Net Profit |
19 |
16 |
15 |
6 |
6 |
|
Per Share Ratios |
Mar-20 |
Mar-19 |
Mar-18 |
Mar-17 |
Mar-16 |
|
Basic EPS (Rs.) |
4 |
3 |
3 |
1 |
1 |
|
Diluted Eps (Rs.) |
4 |
3 |
3 |
1 |
1 |
|
Book Value [Excl. Reval Reserve]/Share (Rs.) |
17 |
14 |
11 |
8 |
7 |
|
Dividend/Share (Rs.) |
0 |
0 |
0 |
0 |
0 |
|
Face Value |
1 |
1 |
1 |
1 |
1 |
|
Margin Ratios |
Mar-20 |
Mar-19 |
Mar-18 |
Mar-17 |
Mar-16 |
|
Gross Profit Margin (%) |
5 |
7 |
7 |
4 |
4 |
|
Operating Margin (%) |
5 |
6 |
7 |
3 |
4 |
|
Net Profit Margin (%) |
4 |
3 |
3 |
1 |
2 |
|
Return Ratios |
Mar-20 |
Mar-19 |
Mar-18 |
Mar-17 |
Mar-16 |
|
Return on Networth / Equity (%) |
22 |
25 |
30 |
16 |
19 |
|
ROCE (%) |
25 |
38 |
50 |
14 |
16 |
|
Return On Assets (%) |
15 |
16 |
14 |
6 |
8 |
|
Liquidity Ratios |
Mar-20 |
Mar-19 |
Mar-18 |
Mar-17 |
Mar-16 |
|
Current Ratio (X) |
2 |
2 |
1 |
1 |
1 |
|
Quick Ratio (X) |
1 |
1 |
1 |
0 |
0 |
|
Leverage Ratios |
Mar-20 |
Mar-19 |
Mar-18 |
Mar-17 |
Mar-16 |
|
Debt to Equity (x) |
0 |
0 |
1 |
1 |
0 |
|
Interest Coverage Ratios (%) |
14 |
12 |
6 |
3 |
3 |
|
Growth Ratios |
Mar-20 |
Mar-19 |
Mar-18 |
Mar-17 |
Mar-16 |
|
3 Yr CAGR Sales (%) |
6 |
3 |
13 |
21 |
11 |
|
3 Yr CAGR Net Profit (%) |
10 |
64 |
58 |
5 |
33 |
|
Historical Prices |
|||
|
3M BEF |
Current Price |
%Gain / Loss |
|
|
Open Price |
22.35 |
35.9 |
60.63 |
|
1YR BEF |
|||
|
Open Price |
17 |
35.9 |
111.18 |
|
2YR BEF |
|||
|
Open Price |
38 |
35.9 |
-5.53 |
|
3YR BEF |
|||
|
Open Price |
19.75 |
35.9 |
81.77 |
Dividend Summary
For the year ending March 2020 Kriti Nutrients has declared an equity dividend of 18.00% amounting to Rs 0.18 per share.
The company has a good dividend track report and has consistently declared dividends for the last 5 years.
|
Share Holding Pattern in (%) |
||||
|
Standalone |
Mar-20 |
Mar-19 |
Dec-18 |
Sep-18 |
|
Promoters |
66.35 |
66.09 |
66.06 |
66.06 |
|
Pledged |
0 |
0 |
0 |
0 |
|
FII/FPI |
0 |
0.18 |
0.18 |
0.2 |
|
Total DII |
7.98 |
7.68 |
7.71 |
6.05 |
|
Fin.Insts |
0.01 |
0 |
0 |
0 |
|
Insurance Co |
0 |
0 |
0 |
0 |
|
MF |
0 |
0 |
0 |
0 |
|
Others DIIs |
7.97 |
7.68 |
7.71 |
6.05 |
|
Others |
25.68 |
26.04 |
26.05 |
27.69 |
|
Total |
100.01 |
99.99 |
100 |
100 |
STRENGTHS
Company with high TTM EPS Growth
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with Low Debt
Increasing profits every quarter for the past 4 quarters
Annual Net Profits improving for last 2 years
Company with Zero Promoter Pledge
Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
OPPORTUNITIES
Profit making Companies with High ROCE and Low PE
Positive Breakout Second Resistance ( LTP > R2)
Highest Recovery from 52 Week Low
Stock with Low PE (PE < = 10)
CHART
FROM APRIL 2020, UPWARD CURVE
JULY LOW POINT
FROM THEN UPWARDS
CHART
FROM APRIL 2020, UPWARD CURVE
JULY LOW POINT
FROM THEN UPWARDS
MONTHLY TECHNICAL RATING
Very Bullish
Valuation
Market Cap (Rs Cr.) 185.13
P/E 7.91
Book Value (Rs) 17.36
Dividend (%) 18
Industry P/E 2.96
EPS (TTM) 4.67
P/C 7
Price/Book 2.13
Dividend Yield.(%) 0.49
Face Value (RS) 1
Community Sentiments
Data not Available
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