NSEI:KICL

Stock Analysis Report

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Executive Summary

Kalyani Investment Company Limited, a non-deposit taking core investment company, invests in listed and unlisted companies in India.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Kalyani Investment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KICL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.7%

KICL

2.7%

IN Capital Markets

2.1%

IN Market


1 Year Return

-23.9%

KICL

14.0%

IN Capital Markets

2.4%

IN Market

Return vs Industry: KICL underperformed the Indian Capital Markets industry which returned 14.1% over the past year.

Return vs Market: KICL underperformed the Indian Market which returned 2.6% over the past year.


Shareholder returns

KICLIndustryMarket
7 Day0.7%2.7%2.1%
30 Day0.5%4.5%4.5%
90 Day26.3%31.7%21.8%
1 Year-23.9%-23.9%15.6%14.0%4.3%2.4%
3 Year-27.5%-27.5%-29.9%-32.7%5.2%0.2%
5 Year-45.9%-45.9%28.7%19.2%29.7%20.0%

Price Volatility Vs. Market

How volatile is Kalyani Investment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kalyani Investment undervalued compared to its fair value and its price relative to the market?

11.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KICL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KICL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KICL is good value based on its PE Ratio (11.4x) compared to the IN Capital Markets industry average (18.8x).

PE vs Market: KICL is good value based on its PE Ratio (11.4x) compared to the Indian market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KICL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KICL is good value based on its PB Ratio (0.3x) compared to the IN Capital Markets industry average (0.5x).


Next Steps

Future Growth

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

30.0%

Forecasted Diversified Financials 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 Kalyani Investment 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.


Next Steps

Past Performance

How has Kalyani Investment performed over the past 5 years?

22.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KICL has high quality earnings.

Growing Profit Margin: KICL's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: KICL's earnings have grown significantly by 22.8% per year over the past 5 years.

Accelerating Growth: KICL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KICL had negative earnings growth (-21.4%) over the past year, making it difficult to compare to the Capital Markets industry average (-8.1%).


Return on Equity

High ROE: KICL's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Kalyani Investment's financial position?


Financial Position Analysis

Short Term Liabilities: KICL's short term assets (₹356.9M) exceed its short term liabilities (₹12.8M).

Long Term Liabilities: KICL's short term assets (₹356.9M) do not cover its long term liabilities (₹439.2M).


Debt to Equity History and Analysis

Debt Level: KICL is debt free.

Reducing Debt: KICL has not had any debt for past 5 years.

Debt Coverage: KICL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KICL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Kalyani Investment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KICL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KICL'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 KICL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KICL'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 KICL'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?

1.8yrs

Average board tenure


CEO

Sanjay Yewale (55 yo)

5.42yrs

Tenure

₹10,350,000

Compensation

Mr. Sanjay V. Yewale has been the Chief Executive Officer at Kalyani Investment Company Ltd. since March 30, 2015 and has been its Chief Financial Officer since July 15, 2015.


CEO Compensation Analysis

Compensation vs Market: Sanjay's total compensation ($USD138.15K) is above average for companies of similar size in the Indian market ($USD49.31K).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Amit Kalyani
Chairmanno data₹4.00m0.20%
₹ 10.9m
Bhalachandra Hattarki
Independent Non Executive Directorno data₹500.00kno data
Sanjeev Joglekar
Additional Independent Director1.42yrsno datano data
Ravindra Goyal
Independent Non Executive Directorno datano datano data
Deeksha Kalyani
Non-Executive Director5.42yrs₹2.60mno data
Shrikrishna Adivarekar
Additional Independent Director2.25yrs₹1.00mno data
Shruti Shah
Additional Independent Director0.50yrno datano data

1.8yrs

Average Tenure

46yo

Average Age

Experienced Board: KICL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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

Kalyani Investment Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kalyani Investment Company Limited
  • Ticker: KICL
  • Exchange: NSEI
  • Founded: 2009
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: ₹5.457b
  • Shares outstanding: 4.37m
  • Website: https://www.kalyani-investment.com

Number of Employees


Location

  • Kalyani Investment Company Limited
  • Corporate Building
  • 2nd Floor
  • Pune
  • Maharashtra
  • 411036
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533302BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2011
KICLNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2011

Biography

Kalyani Investment Company Limited, a non-deposit taking core investment company, invests in listed and unlisted companies in India. It invests in companies of various sectors, including forging, steel, po ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 13:02
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.