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5029

Kesoram IndustriesBSE:502937 Stock Report

Market Cap

₹11.0b

7D

-5.9%

1Y

62.1%

Updated

21 Oct, 2021

Data

Company Financials
502937 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

502937 Overview

Kesoram Industries Limited manufactures and markets cement products under the Birla Shakti brand in India.

Kesoram Industries Competitors

Shree Cement

NSEI:SHREECEM

₹996.5b

Ramco Cements

NSEI:RAMCOCEM

₹230.8b

HeidelbergCement India

BSE:500292

₹54.6b

Price History & Performance

Summary of all time highs, changes and price drops for Kesoram Industries
Historical stock prices
Current Share Price₹66.80
52 Week High₹39.20
52 Week Low₹105.40
Beta1.87
1 Month Change-8.99%
3 Month Change-27.43%
1 Year Change62.14%
3 Year Change18.55%
5 Year Change-60.26%
Change since IPO4.38%

Recent News & Updates

Shareholder Returns

502937IN Basic MaterialsIN Market
7D-5.9%-3.1%-2.4%
1Y62.1%61.8%62.6%

Return vs Industry: 502937 matched the Indian Basic Materials industry which returned 61.7% over the past year.

Return vs Market: 502937 underperformed the Indian Market which returned 63.7% over the past year.

Price Volatility

Is 502937's price volatile compared to industry and market?
502937 volatility
502937 Beta1.87
Industry Beta0.67
Market Beta1

Stable Share Price: 502937 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 502937's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19191,603Padmalochanan Radhakrishnanhttps://www.kesocorp.com

Kesoram Industries Limited manufactures and markets cement products under the Birla Shakti brand in India. It also offers rayon, transparent paper, and filament yarn under the Kesoram Rayon brand. The company was formerly known as Kesoram Industries & Cotton Mills Ltd.

Kesoram Industries Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
502937 income statement (TTM)
Revenue₹26.53b
Cost of Revenue₹4.10b
Gross Profit₹22.43b
Expenses₹21.02b
Earnings₹1.40b

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.50
Gross Margin84.54%
Net Profit Margin5.28%
Debt/Equity Ratio1,022.0%

How did 502937 perform over the long term?

See historical performance and comparison

Valuation

Is Kesoram Industries undervalued compared to its fair value and its price relative to the market?

7.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 502937 (₹66.8) is trading above our estimate of fair value (₹61.28)

Significantly Below Fair Value: 502937 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 502937 is good value based on its PE Ratio (7.9x) compared to the Indian Basic Materials industry average (16.7x).

PE vs Market: 502937 is good value based on its PE Ratio (7.9x) compared to the Indian market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 502937's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 502937 is overvalued based on its PB Ratio (5.6x) compared to the IN Basic Materials industry average (1.7x).


Future Growth

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

17.7%

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 Kesoram Industries 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 Kesoram Industries performed over the past 5 years?

-8.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 502937 has a large one-off loss of ₹2.2B impacting its March 31 2021 financial results.

Growing Profit Margin: 502937 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 502937 has become profitable over the past 5 years, growing earnings by -8.1% per year.

Accelerating Growth: 502937 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 502937 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (104%).


Return on Equity

High ROE: Whilst 502937's Return on Equity (70.95%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Kesoram Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 502937's short term assets (₹8.0B) do not cover its short term liabilities (₹10.3B).

Long Term Liabilities: 502937's short term assets (₹8.0B) do not cover its long term liabilities (₹20.5B).


Debt to Equity History and Analysis

Debt Level: 502937's debt to equity ratio (1022%) is considered high.

Reducing Debt: 502937's debt to equity ratio has reduced from 1304% to 1022% over the past 5 years.

Debt Coverage: 502937's debt is not well covered by operating cash flow (12.8%).

Interest Coverage: 502937's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 502937's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 502937'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 502937's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 502937's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 502937 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 502937'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?

1.2yrs

Average management tenure


CEO

Padmalochanan Radhakrishnan (52 yo)

1.17yrs

Tenure

₹30,915,061

Compensation

Mr. Padmalochanan Radhakrishnan has been Chief Executive Officer of Kesoram Industries Limited since August 04, 2020 and also served as its Chief Financial Officer since August 31, 2018 until August 04, 20...


CEO Compensation Analysis

Compensation vs Market: Padmalochanan's total compensation ($USD413.05K) is above average for companies of similar size in the Indian market ($USD38.82K).

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


Leadership Team

Experienced Management: 502937's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 502937's board of directors are considered experienced (3 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 been diluted in the past year, with total shares outstanding growing by 15.6%.


Top Shareholders

Company Information

Kesoram Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kesoram Industries Limited
  • Ticker: 502937
  • Exchange: BSE
  • Founded: 1919
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹11.009b
  • Shares outstanding: 164.81m
  • Website: https://www.kesocorp.com

Number of Employees


Location

  • Kesoram Industries Limited
  • Birla Building
  • 9/1, R.N. Mukherjee Road
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:04
End of Day Share Price2021/10/21 00:00
Earnings2021/03/31
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.