Kalyani Steels Limited manufactures and sells iron and steel products.
Kalyani Steels Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹378.70|
|52 Week High||₹206.80|
|52 Week Low||₹465.55|
|1 Month Change||-0.29%|
|3 Month Change||-13.78%|
|1 Year Change||72.25%|
|3 Year Change||72.33%|
|5 Year Change||17.94%|
|Change since IPO||1,461.65%|
Recent News & Updates
|500235||IN Metals and Mining||IN Market|
Return vs Industry: 500235 underperformed the Indian Metals and Mining industry which returned 139.5% over the past year.
Return vs Market: 500235 exceeded the Indian Market which returned 63.7% over the past year.
Stable Share Price: 500235 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 500235's weekly volatility (5%) has been stable over the past year.
About the Company
Kalyani Steels Limited manufactures and sells iron and steel products. It provides rolled bars for various automotive applications, including crankshaft, camshaft, connecting rods, gears, transmission shafts, axle beams, steering knuckles, and others; rolled bars for engineering applications comprising alloyed steels for use in energy, railways, defense, fasteners, material handling, etc.; and steel for use in the earthmoving, cement, sugar, steel, coal, ship-building, and oilfield industries, as well as general engineering equipment. The company also offers round cast for seamless tube industry; and machined bars for aluminum smelting industry.
Kalyani Steels Fundamentals Summary
|500235 fundamental statistics|
Is 500235 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500235 income statement (TTM)|
|Cost of Revenue||₹9.92b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||57.60|
|Net Profit Margin||17.26%|
How did 500235 perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Kalyani Steels undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500235 (₹378.7) is trading above our estimate of fair value (₹106.35)
Significantly Below Fair Value: 500235 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500235 is good value based on its PE Ratio (6.6x) compared to the Indian Metals and Mining industry average (12.3x).
PE vs Market: 500235 is good value based on its PE Ratio (6.6x) compared to the Indian market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500235's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500235 is good value based on its PB Ratio (1.4x) compared to the IN Metals and Mining industry average (1.7x).
How is Kalyani Steels forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Steels 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 Kalyani Steels performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500235 has high quality earnings.
Growing Profit Margin: 500235's current net profit margins (17.3%) are higher than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: 500235's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: 500235's earnings growth over the past year (131%) exceeds its 5-year average (7.6% per year).
Earnings vs Industry: 500235 earnings growth over the past year (131%) exceeded the Metals and Mining industry 129.5%.
Return on Equity
High ROE: 500235's Return on Equity (21.9%) is considered high.
How is Kalyani Steels's financial position?
Financial Position Analysis
Short Term Liabilities: 500235's short term assets (₹10.3B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 500235's short term assets (₹10.3B) exceed its long term liabilities (₹619.1M).
Debt to Equity History and Analysis
Debt Level: 500235's debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 500235's debt to equity ratio has reduced from 49.7% to 15.1% over the past 5 years.
Debt Coverage: 500235's debt is well covered by operating cash flow (32%).
Interest Coverage: 500235's interest payments on its debt are well covered by EBIT (33.6x coverage).
What is Kalyani Steels's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500235's dividend (1.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 500235's dividend (1.98%) is in the top 25% of dividend payers in the Indian market (1.38%)
Stability and Growth of Payments
Stable Dividend: 500235's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500235's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13%), 500235'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ravindra Goyal (63 yo)
Mr. Ravindra Kumar Goyal has been Managing Director of Kalyani Steels Ltd. since January 17, 2011. Mr. Goyal serves as an Additional Non-Executive Independent Director at Hikal Limited since February 4, 20...
CEO Compensation Analysis
Compensation vs Market: Ravindra's total compensation ($USD1.30M) is above average for companies of similar size in the Indian market ($USD190.61K).
Compensation vs Earnings: Ravindra's compensation has increased by more than 20% in the past year.
Experienced Management: 500235's management team is seasoned and experienced (8.4 years average tenure).
Experienced Board: 500235's board of directors are seasoned and experienced ( 10 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.
Kalyani Steels Limited's employee growth, exchange listings and data sources
- Name: Kalyani Steels Limited
- Ticker: 500235
- Exchange: BSE
- Founded: 1973
- Industry: Steel
- Sector: Materials
- Market Cap: ₹16.531b
- Shares outstanding: 43.65m
- Website: https://www.kalyanisteels.com
Number of Employees
- Kalyani Steels Limited
- Corporate Building
- 2nd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 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.