BSE:512329

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Kintech Renewables

Executive Summary

Kintech Renewables Limited operates as an independent power producer company in India.


Snowflake Analysis

Flawless balance sheet not a dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 512329 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.5%

512329

-5.2%

IN Renewable Energy

-1.1%

IN Market


1 Year Return

n/a

512329

-8.0%

IN Renewable Energy

-7.5%

IN Market

Return vs Industry: Insufficient data to determine how 512329 performed against the Indian Renewable Energy industry.

Return vs Market: Insufficient data to determine how 512329 performed against the Indian Market.


Shareholder returns

512329IndustryMarket
7 Day-0.5%-5.2%-1.1%
30 Day-0.5%-2.0%6.9%
90 Day-0.5%11.2%16.9%
1 Yearn/a-5.0%-8.0%-5.7%-7.5%
3 Yearn/a-32.9%-39.1%-1.1%-5.7%
5 Yearn/a-17.3%-28.4%24.2%14.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Kintech Renewables undervalued compared to its fair value and its price relative to the market?

0.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 512329 (₹106.9) is trading above our estimate of fair value (₹12.51)

Significantly Below Fair Value: 512329 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 512329 is unprofitable, so we can't compare its PE Ratio to the IN Renewable Energy industry average.

PE vs Market: 512329 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 512329's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 512329 is overvalued based on its PB Ratio (0.9x) compared to the IN Renewable Energy industry average (0.4x).


Next Steps

Future Growth

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

19.5%

Forecasted Utilities 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 Kintech Renewables 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 Kintech Renewables performed over the past 5 years?

20.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 512329 is currently unprofitable.

Growing Profit Margin: 512329 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 512329 is unprofitable, but has reduced losses over the past 5 years at a rate of 20% per year.

Accelerating Growth: Unable to compare 512329's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 512329 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (4%).


Return on Equity

High ROE: 512329 has a negative Return on Equity (-3.03%), as it is currently unprofitable.


Next Steps

Financial Health

How is Kintech Renewables's financial position?


Financial Position Analysis

Short Term Liabilities: 512329's short term assets (₹114.4M) exceed its short term liabilities (₹1.2M).

Long Term Liabilities: 512329 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 512329 is debt free.

Reducing Debt: 512329 had no debt 5 years ago.

Debt Coverage: 512329 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 512329 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

0.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 512329's dividend (0.94%) is higher than the bottom 25% of dividend payers in the Indian market (0.7%).

High Dividend: 512329's dividend (0.94%) is low compared to the top 25% of dividend payers in the Indian market (2.81%).


Stability and Growth of Payments

Stable Dividend: 512329 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 512329's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: 512329 is paying a dividend but the company is unprofitable.


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

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Jigar Shah (55yo)

5.17yrs

Tenure

Mr. Jigar Jasavantlal Shah has been the Chairman and Managing Director of Kintech Renewables Limited (formerly known as Jarigold Textiles Limited) since May 5, 2015. 


Leadership Team

NamePositionTenureCompensationOwnership
Jigar Shah
Chairman & MD5.17yrsno data37.4% 40.0m
Daxesh Kapadia
Chief Financial Officer5.17yrs₹299.99kno data
Harshal Gandhi
Company Secretary & Compliance Officer2.5yrs₹396.00kno data
Ambalal Patel
Executive Director5.17yrsno data37.4% 40.0m

5.2yrs

Average Tenure

Experienced Management: 512329's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jigar Shah
Chairman & MD5.17yrsno data37.4% 40.0m
Ambalal Patel
Executive Director5.17yrsno data37.4% 40.0m
Rashmi Otavani
Non-Executive & Independent Director5.17yrs₹60.00kno data
Manoj Jain
Non-Executive & Independent Director5.17yrs₹60.00kno data
Hemant Parikh
Independent Director1.83yrs₹20.00kno data

5.2yrs

Average Tenure

55yo

Average Age

Experienced Board: 512329's board of directors are considered experienced (5.2 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Kintech Renewables Limited
  • Ticker: 512329
  • Exchange: BSE
  • Founded: 1985
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: ₹106.900m
  • Shares outstanding: 1.00m
  • Website: https://www.kintechrenewables.com

Number of Employees


Location

  • Kintech Renewables Limited
  • Kintech House
  • 8, Shivalik Plaza
  • Ahmedabad
  • Gujarat
  • 380015
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
512329BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2005

Biography

Kintech Renewables Limited operates as an independent power producer company in India. It generates electricity through renewable energy sources, such as wind and solar. The company is also involved in the engineering, procurement, and construction business of turnkey wind/solar power solutions, including wind farm/solar rooftop development, and wind turbine installation and maintenance services. The company was formerly known as Jarigold Textiles Limited and changed its name to Kintech Renewables Limited in September 2015. The company was incorporated in 1985 and is headquartered in Ahmedabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/16 12:52
End of Day Share Price2020/07/13 00:00
Earnings2019/09/30
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.