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Kinetic EngineeringBSE:500240 Stock Report

Market Cap

₹1.0b

7D

-5.0%

1Y

187.3%

Updated

26 Oct, 2021

Data

Company Financials
500240 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

500240 Overview

Kinetic Engineering Limited manufactures and supplies auto components and accessories in India.

Price History & Performance

Summary of all time highs, changes and price drops for Kinetic Engineering
Historical stock prices
Current Share Price₹58.75
52 Week High₹19.05
52 Week Low₹69.20
Beta1.34
1 Month Change-2.08%
3 Month Change0.17%
1 Year Change187.29%
3 Year Change17.50%
5 Year Change-38.39%
Change since IPO-65.44%

Recent News & Updates

Shareholder Returns

500240IN Auto ComponentsIN Market
7D-5.0%-6.7%-4.6%
1Y187.3%66.9%61.7%

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.

Price Volatility

Is 500240's price volatile compared to industry and market?
500240 volatility
500240 Beta1.34
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
1970510Chaitanya Korannehttps://www.kineticindia.com

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

How do Kinetic Engineering's earnings and revenue compare to its market cap?
500240 fundamental statistics
Market Cap₹1.04b
Earnings (TTM)-₹9.00m
Revenue (TTM)₹1.06b

1.0x

P/S Ratio

-115.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500240 income statement (TTM)
Revenue₹1.06b
Cost of Revenue₹550.70m
Gross Profit₹514.00m
Expenses₹523.00m
Earnings-₹9.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 14, 2021

Earnings per share (EPS)-0.51
Gross Margin48.28%
Net Profit Margin-0.84%
Debt/Equity Ratio852.5%

How did 500240 perform over the long term?

See historical performance and comparison

Valuation

Is Kinetic Engineering undervalued compared to its fair value and its price relative to the market?

13.49x

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).


Future Growth

How is Kinetic Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.3%

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.


Past Performance

How has Kinetic Engineering performed over the past 5 years?

9.3%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Chaitanya Koranne

3.92yrs

Tenure

₹3,504,212

Compensation

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.


Leadership Team

Experienced Management: 500240's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: 500240's board of directors are considered experienced (4 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kinetic Engineering Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Kinetic Engineering Limited
  • Kinetic Innovation Park
  • D-1 Block, Plot No. 18/2
  • Pune
  • Maharashtra
  • 411019
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:11
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.