Kushal Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2018 Mar-2017 Mar-2016 Mar-2015
Growth matrix (%)        
Revenue growth (1) 48.40 267 43.20
Op profit growth (24) 38 468 23.40
EBIT growth (23) 38 465 23.80
Net profit growth (22) 43.20 1,390 46.40
Profitability ratios (%)        
OPM 5.18 6.79 7.30 4.72
EBIT margin 5.27 6.80 7.31 4.75
Net profit margin 4.70 5.94 6.16 1.52
RoCE 40 63.90 54.10 12.50
RoNW 9.32 18.10 25.10 2.89
RoA 8.91 13.90 11.40 1
Per share ratios ()        
EPS 4.62 5.91 8.25 2.77
Dividend per share 0.82 1.20 2 --
Cash EPS 4.60 5.88 8.20 2.55
Book value per share 14.20 10.60 11.30 25.40
Valuation ratios        
P/E 24.40 30.40 7.27 5.49
P/CEPS 24.60 30.60 7.31 5.96
P/B 7.96 16.90 5.29 0.60
EV/EBIDTA 21.80 26.50 12.90 22.50
Payout (%)        
Dividend payout 17.70 15.20 24.20 --
Tax payout (6.90) (10) (7.50) (29)
Liquidity ratios        
Debtor days 123 153 156 130
Inventory days 1.66 2.11 2.51 8.05
Creditor days (99) (136) (128) (28)
Leverage ratios        
Interest coverage (24) (41) (11) (1.80)
Net debt / equity 0.05 -- 0.66 1.90
Net debt / op. profit 0.14 -- 0.77 5.61
Cost breakup ()        
Material costs (94) (93) (92) (94)
Employee costs (0.10) (0.10) (0.10) (0.40)
Other costs (0.50) (0.20) (0.30) (0.90)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Revenue 2,335 2,360 1,590 433
yoy growth (%) (1) 48.40 267 43.20
Raw materials (2,201) (2,192) (1,468) (407)
As % of sales 94.30 92.90 92.30 94
Employee costs (2.50) (2.40) (1.40) (1.50)
As % of sales 0.11 0.10 0.09 0.35
Other costs (11) (4.60) (4.40) (4.10)
As % of sales 0.45 0.19 0.28 0.94
Operating profit 121 160 116 20.40
OPM 5.18 6.79 7.30 4.72
Depreciation (0.60) (0.60) (0.60) (0.50)
Interest expense (5.20) (3.90) (10) (11)
Other income 2.52 0.97 0.87 0.66
Profit before tax 118 157 106 9.22
Taxes (8.10) (16) (7.90) (2.60)
Tax rate (6.90) (10) (7.50) (29)
Minorities and other -- -- -- --
Adj. profit 110 140 97.90 6.57
Exceptional items -- -- -- --
Net profit 110 140 97.90 6.57
yoy growth (%) (22) 43.20 1,390 46.40
NPM 4.70 5.94 6.16 1.52
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 Mar-2015
Profit before tax 118 157 106 9.22
Depreciation (0.60) (0.60) (0.60) (0.50)
Tax paid (8.10) (16) (7.90) (2.60)
Working capital 174 66.70 -- (67)
Other operating items -- -- -- --
Operating cashflow 283 206 97.20 (61)
Capital expenditure 14.20 10.10 -- (10)
Free cash flow 297 216 97.20 (71)
Equity raised 252 146 147 211
Investments (2.40) (2.50) -- 2.54
Debt financing/disposal (71) (120) -- 132
Dividends paid 19.50 21.40 23.70 --
Other items -- -- -- --
Net in cash 496 261 268 275
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2019 Mar-2018 Mar-2017 Mar-2016
Equity capital 67.30 47.50 47.50 23.70
Preference capital -- -- -- --
Reserves 1,539 289 205 111
Net worth 1,606 336 252 135
Minority interest
Debt 116 18.70 6 108
Deferred tax liabilities (net) 8.47 1.22 0.92 0.58
Total liabilities 1,730 356 259 244
Fixed assets 1,632 16.60 26 16.10
Intangible assets
Investments 0.36 0.15 0.15 2.60
Deferred tax asset (net) -- -- -- --
Net working capital 92.90 338 225 205
Inventories 117 5.89 15.40 11.90
Inventory Days -- 0.92 2.38 2.74
Sundry debtors 382 748 823 1,153
Debtor days -- 117 127 265
Other current assets 44.60 133 58.40 19.80
Sundry creditors (131) (530) (666) (971)
Creditor days -- 82.80 103 223
Other current liabilities (320) (18) (5.90) (8.40)
Cash 5.07 1.33 8.30 19.50
Total assets 1,730 356 259 244
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2019 Mar-2018 Mar-2017 Mar-2016 Mar-2015
Gross Sales 896 2,335 2,360 1,590 433
Excise Duty -- -- -- -- --
Net Sales 896 2,335 2,360 1,590 433
Other Operating Income -- -- -- -- --
Other Income 3.65 2.52 0.97 0.87 0.66
Total Income 900 2,338 2,361 1,591 434
Total Expenditure ** 834 2,214 2,199 1,474 413
PBIDT 66 124 161 117 21.10
Interest 6.35 5.23 3.87 10.40 11.40
PBDT 59.70 118 157 106 9.74
Depreciation 7.47 0.58 0.63 0.64 0.52
Minority Interest Before NP -- -- -- -- --
Tax 0.67 7.79 16.10 7.62 2.51
Deferred Tax 0.38 0.30 0.34 0.30 0.14
Reported Profit After Tax 51.20 110 140 97.90 6.57
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 51.20 110 140 97.90 6.57
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 51.20 110 140 97.90 6.57
EPS (Unit Curr.) 2.07 4.62 5.91 8.34 0.55
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- 41 105 100 --
Equity 67.30 47.50 47.50 23.70 23.70
Public Shareholding (Number) -- 80,791,000 82,280,000 39,640,000 7,928,000
Public Shareholding (%) -- 34.10 34.70 33.40 33.40
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- 156,475,610 154,986,610 78,993,305 15,798,661
Non Encumbered - % in Total Promoters Holding -- 100 100 100 100
Non Encumbered - % in Total Equity -- 66 65.30 66.60 66.60
PBIDTM(%) 7.37 5.29 6.83 7.35 4.87
PBDTM(%) 6.66 5.07 6.66 6.70 2.25
PATM(%) 5.71 4.70 5.94 6.16 1.52
Open ZERO Brokerage Demat Account