NSEI:KRBL

Stock Analysis Report

Executive Summary

KRBL Limited produces and sells rice in India and internationally.

Snowflake

Fundamentals

Solid track record with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.7%

KRBL

3.4%

IN Food

0.5%

IN Market


1 Year Return

-35.6%

KRBL

11.3%

IN Food

0.9%

IN Market

Return vs Industry: KRBL underperformed the Indian Food industry which returned 11.3% over the past year.

Return vs Market: KRBL underperformed the Indian Market which returned 0.9% over the past year.


Share holder returns

KRBLIndustryMarket
7 Day-2.7%3.4%0.5%
30 Day-10.2%7.0%1.0%
90 Day-2.0%10.4%-3.2%
1 Year-34.9%-35.6%12.8%11.3%2.8%0.9%
3 Year-11.9%-13.9%60.2%55.6%20.3%14.3%
5 Year116.5%107.5%138.4%126.6%43.1%29.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is KRBL undervalued based on future cash flows and its price relative to the stock market?

9.31x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: KRBL (₹213.2) is trading above our estimate of fair value (₹36.34)

Significantly Undervalued: KRBL is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: KRBL is good value based on its PE Ratio (9.3x) compared to the Food industry average (14.1x).

PE vs Market: KRBL is good value based on its PE Ratio (9.3x) compared to the Indian market (13.1x).


Price Based on Expected Growth

Low PEG Ratio: KRBL is good value based on its PEG Ratio (0.7x)


Price Based on Value of Assets

PB vs Industry: KRBL is overvalued based on its PB Ratio (1.8x) compared to the IN Food industry average (0.9x).


Next Steps

Future Growth

How is KRBL expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: KRBL's forecast earnings growth (14.3% per year) is above the savings rate (7.6%).

Earnings vs Market: KRBL's earnings (14.3% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: KRBL's earnings are forecast to grow, but not significantly.

Revenue vs Market: KRBL's revenue (12.5% per year) is forecast to grow faster than the Indian market (11.4% per year).

High Growth Revenue: KRBL's revenue (12.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if KRBL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has KRBL performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: KRBL's earnings have grown by 12.4% per year over the past 5 years.

Accelerating Growth: KRBL's earnings growth over the past year (27.9%) exceeds its 5-year average (12.4% per year).

Earnings vs Industry: KRBL earnings growth over the past year (27.9%) exceeded the Food industry 15.5%.


Return on Equity

High ROE: KRBL's Return on Equity (19.8%) is considered low.


Return on Assets

ROA vs Industry: KRBL has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: KRBL has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is KRBL's financial position?


Financial Position Analysis

Short Term Liabilities: KRBL's short term assets (₹35.7B) exceeds its short term liabilities (₹17.2B)

Long Term Liabilities: KRBL's short term assets (35.7B) exceeds its long term liabilities (1.9B)


Debt to Equity History and Analysis

Debt Level: KRBL's debt to equity ratio (51.9%) is considered high

Reducing Debt: KRBL's debt to equity ratio has reduced from 124.7% to 51.9% over the past 5 years.

Debt Coverage: KRBL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: KRBL's interest payments on its debt are well covered by EBIT (11.5x coverage).


Balance Sheet

Inventory Level: KRBL has a high level of physical assets or inventory.

Debt Coverage by Assets: KRBL's debt is covered by short term assets (assets are 2.526290x debt).


Next Steps

Dividend

What is KRBL's current dividend yield, its reliability and sustainability?

1.17%

Current Dividend Yield


Dividend Yield vs Market

company1.2%marketbottom25%0.6%markettop25%2.5%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: KRBL's dividend (1.17%) is higher than the bottom 25% of dividend payers in the Indian market (0.61%).

High Dividend: KRBL's dividend (1.17%) is low compared to the top 25% of dividend payers in the Indian market (2.46%).

Stable Dividend: KRBL's dividend payments have been volatile in the past 10 years.

Growing Dividend: KRBL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.9%), KRBL's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of KRBL's salary, the management and board of directors tenure and is there insider trading?

24.8yrs

Average management tenure


CEO

Anil Mittal (68yo)

0yrs

Tenure

₹10,840,000

Compensation

Mr. Anil Kumar Mittal has been the Managing Director of KRBL Limited since December 2, 2004 and serves as its Chairman. Mr. Mittal has been a Director of KRBL Limited since September 28, 2006. Mr. Mittal i ...


CEO Compensation Analysis

Compensation vs. Market: Anil's total compensation ($USD152.82K) is about average for companies of similar size in the Indian market ($USD367.87K).

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


Management Age and Tenure

24.8yrs

Average Tenure

58yo

Average Age

Experienced Management: KRBL's management team is seasoned and experienced (24.8 years average tenure).


Board Age and Tenure

11.5yrs

Average Tenure

65yo

Average Age

Experienced Board: KRBL's board of directors are seasoned and experienced ( 11.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Arun Gupta (50yo)

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹10.84m
  • Anoop Gupta (60yo)

    Joint MD & Executive Director

    • Tenure: 13.1yrs
    • Compensation: ₹10.84m
  • Anil Mittal (68yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹10.84m
  • Priyanka Mittal (42yo)

    Director of Sales & Marketing and Whole Time Director

    • Tenure: 11.5yrs
    • Compensation: ₹5.64m
  • Rakesh Mehrotra (58yo)

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹7.90m
  • Raman Sapra

    Compliance Officer & Company Secretary

    • Tenure: 6.9yrs
    • Compensation: ₹1.40m
  • Ravinder Sharma

    Chief Operating Officer

    • Tenure: 0yrs

Board Members

  • Arun Gupta (50yo)

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹10.84m
  • Anoop Gupta (60yo)

    Joint MD & Executive Director

    • Tenure: 13.1yrs
    • Compensation: ₹10.84m
  • Anil Mittal (68yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹10.84m
  • Priyanka Mittal (42yo)

    Director of Sales & Marketing and Whole Time Director

    • Tenure: 11.5yrs
    • Compensation: ₹5.64m
  • Vinod Ahuja (72yo)

    Independent Non-Executive Director

    • Tenure: 0yrs
    • Compensation: ₹85.00k
  • Shyam Arora (72yo)

    Independent Non-Executive Director

    • Tenure: 12.3yrs
    • Compensation: ₹85.00k
  • Ashwani Dua (48yo)

    Independent Non-Executive Director

    • Tenure: 12.3yrs
    • Compensation: ₹25.00k
  • Devendra Agarwal (65yo)

    Independent Non-Executive Director

    • Tenure: 5.8yrs
    • Compensation: ₹85.00k
  • Alok Sabharwal (67yo)

    Independent Non-Executive Director

    • Tenure: 3.2yrs
    • Compensation: ₹85.00k
  • Priyanka Sardana

    Independent Non-Executive Woman Director

    • Tenure: 0.08yrs

Company Information

KRBL Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: KRBL Limited
  • Ticker: KRBL
  • Exchange: NSEI
  • Founded: 1889
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹50.762b
  • Shares outstanding: 235.39m
  • Website: https://www.krblrice.com

Location

  • KRBL Limited
  • C-32, Sector 62
  • 5th and 6th Floors
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530813BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
KRBLNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

KRBL Limited produces and sells rice in India and internationally. Its Agriculture segment offers agricultural commodities, such as rice, Furfural, seed, bran, bran oil, etc. The company’s Energy segment g ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:44
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.

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