Mehabe score: 5 G Factor: 7 Piotski Score: 6 The stock has a rating . The mehabe team score is reflective of its fundamental and technical merits. A rating above 8 is considered good buy. The stock has a G-Factor of 7 and Piotski score of 6.
Description
KFIL, incorporated in 1991, is a part of the Pune-based Kirloskar Group. KFIL manufactures pig iron and ferrous castings
such as cylinder blocks, cylinder heads, and transmission parts and different types of housings required by automobile, tractor and diesel engine industries. It is one of the leading players in foundry-grade pig iron manufacturing and ferrous castings in the domestic market. Site:KIRLFER Main Symbol:KIRLFER
Stock trades at 196.0, below its 50dma 218.88 and below its 200dma 219.74. The stock remains bearish on technicals
The 52 week high is at 314.00 and the 52week low is at 142.55
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
– is expected to give good quarter
– has delivered good profit growth of 39.22% CAGR over last 5 years
– has been maintaining a healthy dividend payout of 25.16%
Weakness
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Competition
– The industry trades at a mean P/E of 7.7x. Tata Metaliks trades at the industry’s max P/E of 10.04x. KIRLFER trades at a P/E of 5.3x
– Industry’s mean G-Factor is 3.5 while the mean Piotski score is 7.0. KIRLFER has a G-Factor of 7 and Piotski scoreof 6.
– Average 1 month return for industry is -0.7%. The max 1- month return was given by Sathavaha. Ispat: a return of 8.57 %
Quarterly Results
Sales for period ended Dec 2021 is Rs 933.0 cr compared to Rs 590.0 cr for period ended Dec 2020, a rise of 58.1% .
vis-vis 145.0 for period ended Dec 2020 .
Operating Margins contracted -989.2 bps for period ended Dec 2021 vis-vis Dec 2020.
Company reported operating profit of Rs 137.0 cr for period ended Dec 2021 and operating profit margin at 14.7 % for same period.
The EPS for quarter ended Dec 2021 is Rs 5.88 compared to Rs 8.66 for previous quarter ended Sep 2021 and Rs 8.57 for Dec 2020.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 3463.0 cr for period ended TTM vis-vis sales of Rs 2038.0 cr for the period ended Mar 2021, a healthy growth of 41.1%. The 3 year sales cagr stood at 17.1%.
Operating margins shrank to 21.0% for period ended TTM vis-vis 23.0% for period ended Mar 2021, contraction of 200.0 bps.
Net Profit reported at Rs 476.0 cr for period ended TTM vis-vis sales of Rs 302.0 cr for the period ended Mar 2021, rising 36.6%.
Company recorded a healthy Net Profit CAGR of 69.4% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 285.0 cr for period ended Mar 2021 vis-vis Rs 204.0 cr for period ended Mar 2020
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The company has improved its Return on Equity (RoE) metric. The RoE on Last Year basis was 35.0% compared to 24.0% over the last 3 Years. – The stock has given a return of 31% on a 1 Year basis vis-vis a return of 32% over the last 3 Years. – The compounded sales growth on a TTM bassis is 95% vis-vis a compounded sales growth of 5% over the last 3 Years. – The compounded profit growth on a TTM basis is 297% vis-vis a compounded profit growth of 98% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Dec 2021 fii holding stood at 0.61% vis-vis 0.46% for Sep 2021 – Public shareholding has remained largely constant. The Dec 2021 public holding stood at 28.2% vis-vis 28.24% for Sep 2021
Conclusion
– has reduced debt.
– is expected to give good quarter
– has delivered good profit growth of 39.22% CAGR over last 5 years
– has been maintaining a healthy dividend payout of 25.16% –
