BKM Industries Ltd: Share Price Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 14, 2024, 10:04 am

Market Cap	11.8 Cr.
Current Price	1.80
High / Low	2.50/1.20
Stock P/E
Book Value	1.09
Dividend Yield	0.00 %
ROCE	3.19 %
ROE	38.4 %
Face Value	1.00
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for BKM Industries Ltd

Competitors of BKM Industries Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Hindustan Tin Works Ltd	212 Cr.	204	249/132	15.0	201	0.59 %	11.1 %	8.65 %	10.0
HCP Plastene Bulkpack Ltd	169 Cr.	158	294/147	44.5	49.4	0.00 %	5.83 %	0.30 %	10.0
Gujarat Containers Ltd	101 Cr.	178	200/142	11.7	83.6	0.84 %	22.7 %	22.9 %	10.0
Goblin India Ltd	47.0 Cr.	34.0	82.4/29.2	12.1	31.8	0.00 %	8.18 %	6.90 %	10.0
G K P Printing & Packaging Ltd	18.5 Cr.	8.40	16.0/7.53		9.98	0.00 %	5.50 %	7.89 %	10.0
Industry Average	2,933.94 Cr	444.41		38.91	166.57	0.24%	12.21%	33.26%	7.36

All Competitor Stocks of BKM Industries Ltd

Quarterly Result

Month	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020
Sales	36.08	43.18	17.31	17.98	3.32	6.49	1.33	1.11	0.67	0.64	0.00	0.01	0.00
Expenses	30.46	43.61	22.29	23.57	7.50	33.32	5.15	12.77	2.37	12.87	1.54	1.08	1.29
Operating Profit	5.62	-0.43	-4.98	-5.59	-4.18	-26.83	-3.82	-11.66	-1.70	-12.23	-1.54	-1.07	-1.29
OPM %	15.58%	-1.00%	-28.77%	-31.09%	-125.90%	-413.41%	-287.22%	-1,050.45%	-253.73%	-1,910.94%		-10,700.00%
Other Income	0.57	0.62	1.49	1.65	-0.95	0.72	0.70	-0.19	0.25	4.19	0.08	-0.39	-1.58
Interest	2.78	1.63	3.39	3.43	3.93	3.90	2.61	0.98	0.94	0.89	0.89	0.89	0.41
Depreciation	1.00	0.99	0.98	1.03	1.05	1.08	1.00	0.97	0.92	0.85	0.89	0.89	0.87
Profit before tax	2.41	-2.43	-7.86	-8.40	-10.11	-31.09	-6.73	-13.80	-3.31	-9.78	-3.24	-3.24	-4.15
Tax %	13.69%	11.11%	17.68%	4.88%	-2.87%	3.06%	2.08%	0.80%	3.32%	41.31%	-9.57%	3.09%	15.18%
Net Profit	2.08	-2.16	-6.47	-7.99	-10.40	-30.14	-6.59	-13.69	-3.20	-5.74	-3.55	-3.14	-3.52
EPS in Rs	0.32	-0.33	-0.99	-1.22	-1.59	-4.60	-1.01	-2.09	-0.49	-0.88	-0.54	-0.48	-0.54

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	TTM
Sales	121	245	176	150	185	45	4	1
Expenses	102	207	138	113	158	86	33	17
Operating Profit	18	38	38	37	27	-41	-29	-16
OPM %	15%	16%	22%	25%	14%	-90%	-784%	-2,482%
Other Income	3	2	4	6	3	2	5	2
Interest	5	10	9	10	12	15	5	3
Depreciation	15	27	15	4	4	4	4	4
Profit before tax	1	3	19	29	13	-57	-34	-20
Tax %	41%	-69%	-3%	-1%	10%	4%	13%
Net Profit	1	5	19	29	12	-55	-29	-16
EPS in Rs	31.80	0.81	2.92	4.46	1.84	-8.40	-4.46	-2.44
Dividend Payout %	0%	0%	0%	4%	11%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020
YoY Net Profit Growth (%)	400.00%	280.00%	52.63%	-58.62%	-558.33%	47.27%
Change in YoY Net Profit Growth (%)	0.00%	-120.00%	-227.37%	-111.25%	-499.71%	605.61%

BKM Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2014-2015 to 2019-2020.

Growth

Compounded Sales Growth
10 Years:	-39%
5 Years:	-54%
3 Years:	%
TTM:	%

Compounded Profit Growth
10 Years:	%
5 Years:	14%
3 Years:	%
TTM:	-229%

Stock Price CAGR
10 Years:	%
5 Years:	21%
3 Years:	-1%
1 Year:	38%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	-38%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:35 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.05	6.55	6.55	6.55	6.55	6.55	6.55	6.55	0.12	0.12
Reserves	163.99	156.70	175.89	204.30	227.59	174.13	145.94	5.48	-1.50	-7.25
Borrowings	101.54	86.04	71.86	83.64	89.60	174.46	146.22	131.82	0.00	0.00
Other Liabilities	235.81	129.65	100.48	93.98	133.03	81.85	85.23	34.87	33.68	25.33
Total Liabilities	501.39	378.94	354.78	388.47	456.77	436.99	383.94	178.72	32.30	18.20
Fixed Assets	177.97	120.86	107.31	135.87	159.71	153.92	147.13	33.24	7.47	7.05
CWIP	13.38	11.29	11.06	11.49	42.83	64.53	60.59	3.44	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	43.20	0.00	0.00
Other Assets	310.04	246.79	236.41	241.11	254.23	218.54	176.22	98.84	24.83	11.15
Total Assets	501.39	378.94	354.78	388.47	456.77	436.99	383.94	178.72	32.30	18.20

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2023	Mar 2024
Cash from Operating Activity +	8.89	-3.46	22.89	24.18	41.48	-35.43	32.90	3.43	-0.28
Cash from Investing Activity +	7.59	28.61	1.44	-27.76	-34.22	-23.16	-0.74	-3.44	0.14
Cash from Financing Activity +	-12.66	-27.43	-24.62	3.71	-7.49	59.57	-32.30	0.00	0.00
Net Cash Flow	3.82	-2.28	-0.28	0.13	-0.23	0.98	-0.14	-0.01	-0.14

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Free Cash Flow	-83.54	-48.04	-33.86	-46.64	-62.60	-215.46	-175.22

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2024
Debtor Days	307.52	93.29	124.52	144.20	133.51	315.79	3,054.32	23.55
Inventory Days	304.31	159.55	222.62	324.79	192.00	175.77	3,635.45	11.41
Days Payable	1,021.40	276.54	336.20	298.65	127.82	347.02	8,182.08	0.00
Cash Conversion Cycle	-409.58	-23.70	10.94	170.34	197.69	144.55	-1,492.31	34.95
Working Capital Days	226.26	172.73	275.06	380.75	263.37	199.98	-757.25	-3,579.35
ROCE %		5.63%	11.01%	13.23%	7.97%	-12.45%	-9.03%	-3.19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	52.95%	52.95%	52.95%	52.88%	52.88%	52.88%	52.88%	52.88%	37.54%	37.54%	37.54%	37.54%
DIIs	10.00%	10.00%	10.00%	10.01%	10.00%	10.00%	10.00%	10.00%	4.72%	4.72%	9.43%	9.45%
Public	37.05%	37.05%	37.05%	37.12%	37.12%	37.12%	37.12%	37.12%	57.73%	57.73%	53.02%	53.00%
No. of Shareholders	20,470	20,214	20,419	20,718	20,700	21,050	21,060	21,109	32,428	32,487	32,487	32,059

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 20	Mar 19	Mar 18	Mar 17
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	-16.58	-4.46	-8.40	1.84	4.47
Diluted EPS (Rs.)	-16.58	-4.46	-8.40	1.84	4.47
Cash EPS (Rs.)	-2.59	-3.89	-7.77	2.45	5.07
Book Value[Excl.RevalReserv]/Share (Rs.)	-11.12	23.53	27.80	36.00	32.44
Book Value[Incl.RevalReserv]/Share (Rs.)	-11.12	23.53	27.80	36.00	32.44
Revenue From Operations / Share (Rs.)	7.49	0.57	6.89	28.27	22.89
PBDIT / Share (Rs.)	-4.36	-3.70	-5.91	4.33	6.37
PBIT / Share (Rs.)	-18.35	-4.27	-6.54	3.72	5.77
PBT / Share (Rs.)	-18.35	-5.10	-8.78	2.04	4.42
Net Profit / Share (Rs.)	-16.58	-4.46	-8.40	1.84	4.47
NP After MI And SOA / Share (Rs.)	-16.58	-4.46	-8.40	1.84	4.47
PBDIT Margin (%)	-58.27	-646.13	-85.78	15.31	27.82
PBIT Margin (%)	-245.01	-745.86	-94.96	13.16	25.21
PBT Margin (%)	-245.01	-890.40	-127.45	7.22	19.31
Net Profit Margin (%)	-221.30	-779.20	-121.99	6.51	19.51
NP After MI And SOA Margin (%)	-221.30	-779.20	-121.99	6.51	19.51
Return on Networth / Equity (%)	0.00	-19.16	-30.49	5.15	13.87
Return on Capital Employeed (%)	164.97	-15.26	-16.11	8.39	14.71
Return On Assets (%)	-6.33	-7.61	-12.59	2.64	7.53
Long Term Debt / Equity (X)	0.00	0.15	0.32	0.12	0.12
Total Debt / Equity (X)	0.00	0.95	0.88	0.35	0.35
Asset Turnover Ratio (%)	0.00	0.01	0.11	0.48	0.43
Current Ratio (X)	0.73	0.36	1.26	1.51	1.83
Quick Ratio (X)	0.73	0.22	1.08	1.13	1.35
Inventory Turnover Ratio (X)	0.00	0.08	0.36	0.58	0.83
Interest Coverage Ratio (X)	0.00	-4.47	-2.64	2.58	4.72
Interest Coverage Ratio (Post Tax) (X)	0.00	-4.35	-2.76	2.10	4.31
Enterprise Value (Cr.)	0.19	148.52	193.42	257.08	249.97
EV / Net Operating Revenue (X)	0.20	39.60	4.29	1.39	1.67
EV / EBITDA (X)	-0.34	-6.13	-5.00	9.07	5.99
MarketCap / Net Operating Revenue (X)	0.25	0.71	0.77	0.94	1.16
Price / BV (X)	-0.16	0.01	0.19	0.74	0.82
Price / Net Operating Revenue (X)	0.25	0.71	0.77	0.94	1.16
EarningsYield	-8.82	-10.88	-1.58	0.06	0.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BKM Industries Ltd as of December 18, 2024 is: 6.40

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 18, 2024, BKM Industries Ltd is Undervalued by 255.56% compared to the current share price 1.80

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of BKM Industries Ltd as of December 18, 2024 is: 4.23

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 18, 2024, BKM Industries Ltd is Undervalued by 135.00% compared to the current share price 1.80

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -33.86%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (124.53 cr) compared to borrowings (88.52 cr), indicating strong financial stability.	The stock has a low average ROCE of 1.46%, which may not be favorable. The stock has a high average Working Capital Days of 84.21, which may not be favorable. The stock has a high average Cash Conversion Cycle of 13.80, which may not be favorable. The company has not shown consistent growth in sales (115.88) and profit (-5.75).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in BKM Industries Ltd:
1. Net Profit Margin: -221.3%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 164.97% (Industry Average ROCE: 12.21%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0% (Industry Average ROE: 33.26%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.73
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 38.91)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

BKM Industries Ltd. is a Public Limited Listed company incorporated on 25/03/2011 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27100WB2011PLC161235 and registration number is 161235. Currently Company is involved in the business activities of Manufacture of other fabricated metal products. Company’s Total Operating Revenue is Rs. 3.74 Cr. and Equity Capital is Rs. 6.55 Cr. for the Year ended 31/03/2020.

INDUSTRY	ADDRESS	CONTACT
Packaging & Containers	Bikaner Building, 3rd Floor, Kolkata West Bengal 700001	corporate@bkmindustries.com http://www.bkmindustries.com

Management
Name	Position Held
Mr. Basant Kumar Agrawal	Chairman & Managing Director
Mr. Aditya B Manaksia	Whole Time Director
Mr. Navneet Manaksia	Whole Time Director
Ms. Jaya Bajpai	Independent Director
Ms. Shipra Saha	Independent Director
Mr. Ganesh Chandra Das	Independent Director

FAQ

What is the latest intrinsic value of BKM Industries Ltd?

The latest intrinsic value of BKM Industries Ltd as on 14 December 2024 is ₹6.40, which is 255.56% higher than the current market price of ₹1.80. The stock has a market capitalization of 11.8 Cr. and recorded a high/low of ₹2.50/1.20 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹-7.25 Cr and total liabilities of ₹18.20 Cr.

What is the Market Cap of BKM Industries Ltd?

The Market Cap of BKM Industries Ltd is 11.8 Cr..

What is the current Stock Price of BKM Industries Ltd as on 14 December 2024?

The current stock price of BKM Industries Ltd as on 14 December 2024 is 1.80.

What is the High / Low of BKM Industries Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of BKM Industries Ltd stocks is 2.50/1.20.

What is the Stock P/E of BKM Industries Ltd?

The Stock P/E of BKM Industries Ltd is .

What is the Book Value of BKM Industries Ltd?

The Book Value of BKM Industries Ltd is 1.09.

What is the Dividend Yield of BKM Industries Ltd?

The Dividend Yield of BKM Industries Ltd is 0.00 %.

What is the ROCE of BKM Industries Ltd?

The ROCE of BKM Industries Ltd is 3.19 %.

What is the ROE of BKM Industries Ltd?

The ROE of BKM Industries Ltd is 38.4 %.

What is the Face Value of BKM Industries Ltd?

The Face Value of BKM Industries Ltd is 1.00.

Share Price and Basic Stock Data

Stock P/E, Current Price, and Intrinsic Value Over Time

Competitors of BKM Industries Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of BKM Industries Ltd?

What is the Market Cap of BKM Industries Ltd?

What is the current Stock Price of BKM Industries Ltd as on 14 December 2024?

What is the High / Low of BKM Industries Ltd stocks in FY 2024-2025?

What is the Stock P/E of BKM Industries Ltd?

What is the Book Value of BKM Industries Ltd?

What is the Dividend Yield of BKM Industries Ltd?

What is the ROCE of BKM Industries Ltd?

What is the ROE of BKM Industries Ltd?

What is the Face Value of BKM Industries Ltd?

About the Author

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