Kinetic Engineering Limited manufactures and supplies auto components and accessories in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹58.75|
|52 Week High||₹19.05|
|52 Week Low||₹69.20|
|1 Month Change||-2.08%|
|3 Month Change||0.17%|
|1 Year Change||187.29%|
|3 Year Change||17.50%|
|5 Year Change||-38.39%|
|Change since IPO||-65.44%|
Recent News & Updates
|500240||IN Auto Components||IN Market|
Return vs Industry: 500240 exceeded the Indian Auto Components industry which returned 66.9% over the past year.
Return vs Market: 500240 exceeded the Indian Market which returned 61.7% over the past year.
Stable Share Price: 500240 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 500240's weekly volatility (7%) has been stable over the past year.
About the Company
Kinetic Engineering Limited manufactures and supplies auto components and accessories in India. It provides transmission components, such as gears, shafts, axles, etc.; and engine components, including crankshafts, cylinder heads, and camshafts. The company also offers gearbox and engine assemblies for auto and non-auto products; and various body components, including chassis, rims, mufflers, etc. In addition, it assembles vehicles for its customers, as well as offers other services, such as press, weld, and paint.
Kinetic Engineering Fundamentals Summary
|500240 fundamental statistics|
Is 500240 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500240 income statement (TTM)|
|Cost of Revenue||₹550.70m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 14, 2021
|Earnings per share (EPS)||-0.51|
|Net Profit Margin||-0.84%|
How did 500240 perform over the long term?See historical performance and comparison
Is Kinetic Engineering undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 500240's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 500240's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 500240 is unprofitable, so we can't compare its PE Ratio to the Indian Auto Components industry average.
PE vs Market: 500240 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500240's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500240 is overvalued based on its PB Ratio (13.5x) compared to the IN Auto Components industry average (2.1x).
How is Kinetic Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kinetic Engineering has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Kinetic Engineering performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500240 is currently unprofitable.
Growing Profit Margin: 500240 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500240 is unprofitable, but has reduced losses over the past 5 years at a rate of 9.3% per year.
Accelerating Growth: Unable to compare 500240's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500240 is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (139.8%).
Return on Equity
High ROE: 500240 has a negative Return on Equity (-11.67%), as it is currently unprofitable.
How is Kinetic Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: 500240's short term assets (₹615.6M) do not cover its short term liabilities (₹845.3M).
Long Term Liabilities: 500240's short term assets (₹615.6M) exceed its long term liabilities (₹527.6M).
Debt to Equity History and Analysis
Debt Level: 500240's debt to equity ratio (852.5%) is considered high.
Reducing Debt: 500240's debt to equity ratio has increased from 146.8% to 852.5% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 500240 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 500240 has less than a year of cash runway if free cash flow continues to grow at historical rates of 58.3% each year.
What is Kinetic Engineering current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 500240's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 500240's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 500240's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500240's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500240's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Chaitanya Koranne has been the Chief Executive Officer at Kinetic Engineering Limited since November 21, 2017. He is having an industrial experience specifically in Automobile Industry. Prior joining t...
CEO Compensation Analysis
Compensation vs Market: Chaitanya's total compensation ($USD46.70K) is about average for companies of similar size in the Indian market ($USD38.99K).
Compensation vs Earnings: Chaitanya's compensation has been consistent with company performance over the past year.
Experienced Management: 500240's management team is considered experienced (3.9 years average tenure).
Experienced Board: 500240's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kinetic Engineering Limited's employee growth, exchange listings and data sources
- Name: Kinetic Engineering Limited
- Ticker: 500240
- Exchange: BSE
- Founded: 1970
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹1.040b
- Shares outstanding: 17.71m
- Website: https://www.kineticindia.com
Number of Employees
- Kinetic Engineering Limited
- Kinetic Innovation Park
- D-1 Block, Plot No. 18/2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:11|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.