BSE:526409

Stock Analysis Report

Kkalpana Industries (India)

Executive Summary

Kkalpana Industries (India) Limited manufactures and sells polymer compounds.

Snowflake

Fundamentals

Undervalued with excellent balance sheet.

Share Price & News

How has Kkalpana Industries (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.7%

526409

1.9%

IN Chemicals

3.2%

IN Market


1 Year Return

-38.5%

526409

17.2%

IN Chemicals

5.6%

IN Market

Return vs Industry: 526409 underperformed the Indian Chemicals industry which returned 17.2% over the past year.

Return vs Market: 526409 underperformed the Indian Market which returned 5.6% over the past year.


Shareholder returns

526409IndustryMarket
7 Day-3.7%1.9%3.2%
30 Day8.4%8.6%6.0%
90 Day-6.7%11.6%2.0%
1 Year-37.5%-38.5%20.2%17.2%7.8%5.6%
3 Year-54.6%-55.7%37.5%32.0%22.6%16.3%
5 Year0.7%-1.6%130.6%112.8%43.1%29.6%

Price Volatility Vs. Market

How volatile is Kkalpana Industries (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kkalpana Industries (India) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 526409 (₹16.8) is trading below our estimate of fair value (₹166.79)

Significantly Undervalued: 526409 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 526409 is good value based on its PE Ratio (6.2x) compared to the Chemicals industry average (10.8x).

PE vs Market: 526409 is good value based on its PE Ratio (6.2x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 526409's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526409 is good value based on its PB Ratio (0.5x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

How is Kkalpana Industries (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 526409's forecast earnings growth (17.8% per year) is above the savings rate (7.6%).

Earnings vs Market: 526409's earnings (17.8% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 526409's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 526409's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 526409's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 526409's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Kkalpana Industries (India) performed over the past 5 years?

12.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 526409's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: 526409's earnings growth over the past year (19.4%) exceeds its 5-year average (12.8% per year).

Earnings vs Industry: 526409 earnings growth over the past year (19.4%) exceeded the Chemicals industry 9.9%.


Return on Equity

High ROE: 526409's Return on Equity (8%) is considered low.


Return on Assets

ROA vs Industry: 526409 has a higher Return on Assets than the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: 526409's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Kkalpana Industries (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 526409's short term assets (₹5.4B) exceeds its short term liabilities (₹4.1B)

Long Term Liabilities: 526409's short term assets (5.4B) exceeds its long term liabilities (811.1M)


Debt to Equity History and Analysis

Debt Level: 526409's debt to equity ratio (37.9%) is considered satisfactory

Reducing Debt: 526409's debt to equity ratio has reduced from 202.6% to 37.9% over the past 5 years.

Debt Coverage: 526409's debt is well covered by operating cash flow (147.2%).

Interest Coverage: 526409's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet

Inventory Level: 526409 has a high level of physical assets or inventory.

Debt Coverage by Assets: 526409's debt is covered by short term assets (assets are 4.454970x debt).


Next Steps

Dividend

What is Kkalpana Industries (India)'s current dividend yield, its reliability and sustainability?

1.43%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%0.6%markettop25%2.4%industryaverage0.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 526409's dividend (1.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 526409's dividend (1.43%) is low compared to the top 25% of dividend payers in the Indian market (2.43%).

Stable Dividend: 526409's dividend payments have been volatile in the past 10 years.

Growing Dividend: 526409's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.9%), 526409'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 Kkalpana Industries (India)'s salary, the management and board of directors tenure and is there insider trading?

5.1yrs

Average board tenure


CEO

Narrindra Suranna (58yo)

12.2yrs

Tenure

₹7,000,000

Compensation

Mr. Narrindra K. Suranna has been the Managing Director of Kkalpana Industries (India) Limited since August 2007 and Chief Executive Officer since May 30, 2018. Mr. Suranna serves as Chairman and Managing  ...


CEO Compensation Analysis

Compensation vs. Market: Narrindra's total compensation ($USD98.49K) is about average for companies of similar size in the Indian market ($USD29.30K).

Compensation vs Earnings: Narrindra's compensation has increased by more than 20% in the past year.


Board Age and Tenure

5.1yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 526409's board of directors are considered experienced (5.1 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.


Recent Insider Transactions

Buy₹3,924,99722 Feb 19
Bbigplas Poly Private Limited
EntityCompany
Shares200,000
Max Price₹19.62

Ownership Breakdown


Management Team

  • Indar Dakalia

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹2.30m
  • Rajesh Kothari (55yo)

    Whole-Time Director

    • Tenure: 8.2yrs
    • Compensation: ₹4.00m
  • Narrindra Suranna (58yo)

    Chairman

    • Tenure: 12.2yrs
    • Compensation: ₹7.00m
  • Jitendra Tiwari (67yo)

    Senior President

    • Tenure: 0yrs
  • Pranab Mukherjee (74yo)

    Whole Time Director of Technical & Whole-Time Director

    • Tenure: 5.8yrs
    • Compensation: ₹1.90m
  • Tanvi Panday

    Compliance Officer & Company Secretary

    • Tenure: 2.3yrs
    • Compensation: ₹723.00k
  • Dev Surana (27yo)

    Whole-Time Director

    • Tenure: 0.7yrs

Board Members

  • Rajesh Kothari (55yo)

    Whole-Time Director

    • Tenure: 8.2yrs
    • Compensation: ₹4.00m
  • Narrindra Suranna (58yo)

    Chairman

    • Tenure: 12.2yrs
    • Compensation: ₹7.00m
  • Ramya Hariharan (41yo)

    Non-Executive Independent Director

    • Tenure: 0.7yrs
    • Compensation: ₹10.00k
  • Pranab Mukherjee (74yo)

    Whole Time Director of Technical & Whole-Time Director

    • Tenure: 5.8yrs
    • Compensation: ₹1.90m
  • Ramakant Mishra (63yo)

    Non-Executive Independent Director

    • Tenure: 5.1yrs
    • Compensation: ₹160.00k
  • Mamta Binani (47yo)

    Non-Executive Independent Director

    • Tenure: 5.1yrs
    • Compensation: ₹60.00k
  • Samir Dutta (76yo)

    Non-Executive Independent Director

    • Tenure: 2.3yrs
    • Compensation: ₹130.00k
  • Dev Surana (27yo)

    Whole-Time Director

    • Tenure: 0.7yrs

Company Information

Kkalpana Industries (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kkalpana Industries (India) Limited
  • Ticker: 526409
  • Exchange: BSE
  • Founded: 1977
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: ₹1.580b
  • Shares outstanding: 94.07m
  • Website: https://www.kkalpanagroup.com

Number of Employees


Location

  • Kkalpana Industries (India) Limited
  • 2B, Pretoria Street
  • Kolkata
  • West Bengal
  • 700071
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526409BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2001

Biography

Kkalpana Industries (India) Limited manufactures and sells polymer compounds. The company offers PE compounds, including silane grafted XLPE compounds, XLPE compounds for CCV lines, PE sheathing and insula ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:35
End of Day Share Price2019/10/18 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.