Fundamental Analysis of Kellton Tech Solutions Ltd

About the Company - Kellton Tech Solutions Ltd

Kellton Tech Solutions Ltd. is a Public Limited Listed company incorporated on 31/12/1993 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L72200TG1993PLC016819 and registration number is 016819. Currently Company is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs. 123.18 Cr. and Equity Capital is Rs. 48.19 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	Plot No. 1367, Hyderabad Telangana 500033	compliance@kelltontech.com http://www.kelltontech.com

Management
Name	Position Held
Mr. Niranjan Chintam	Chairman & Wholetime Director
Mr. Krishna Chintam	Managing Director
Mr. Karanjit Singh	Whole Time Director
Mr. Srinivas Potluri	Non Executive Director
Mr. P V V Srinivasa Rao	Ind. Non-Executive Director
Mr. Srinivasa Vijay Kumar Appana	Ind. Non-Executive Director
Mr. Brij Mohan Venkata Mandala	Ind. Non-Executive Director
Ms. Geeta Goti	Ind. Non-Executive Director

Basic Stock Data of Kellton Tech Solutions Ltd

Last Updated: July 26, 2024, 10:26 pm

Market Cap	1,581 Cr.
Current Price	162
High / Low	184/72.5
Stock P/E	23.1
Book Value	45.5
Dividend Yield	0.00 %
ROCE	16.2 %
ROE	15.7 %
Face Value	5.00
PEG Ratio	-0.50

Data Source: screener.in

Kellton Tech Solutions Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	196.42	208.32	204.31	208.74	219.26	210.36	216.56	227.19	230.87	242.71	249.03	240.58	245.44
Expenses	166.21	179.10	178.46	181.60	193.32	184.55	190.60	201.85	205.38	226.01	221.57	214.18	227.03
Operating Profit	30.21	29.22	25.85	27.14	25.94	25.81	25.96	25.34	25.49	16.70	27.46	26.40	18.41
OPM %	15.38%	14.03%	12.65%	13.00%	11.83%	12.27%	11.99%	11.15%	11.04%	6.88%	11.03%	10.97%	7.50%
Other Income	1.36	0.50	0.38	0.17	0.47	0.18	0.32	0.69	0.56	-183.42	0.49	0.44	0.34
Interest	3.26	2.60	2.86	2.61	2.90	3.18	3.29	2.70	2.64	2.82	4.36	4.49	4.82
Depreciation	3.09	2.70	2.75	2.73	2.94	2.51	3.05	3.20	3.31	4.89	4.03	3.61	4.40
Profit before tax	25.22	24.42	20.62	21.97	20.57	20.30	19.94	20.13	20.10	-174.43	19.56	18.74	9.53
Tax %	13.32%	22.52%	20.56%	20.57%	13.51%	7.19%	18.41%	16.34%	17.56%	-1.16%	21.17%	11.79%	14.69%
Net Profit	21.87	18.92	16.37	17.44	17.80	18.83	16.26	16.83	16.56	-176.47	15.42	16.53	8.13
EPS in Rs	2.27	1.96	1.70	1.81	1.85	1.95	1.69	1.74	1.72	-18.28	1.60	1.71	0.84

Last Updated: July 11, 2024, 9:53 am

Kellton Tech Solutions Ltd Quarterly Chart

Kellton Tech Solutions Ltd Profit & Loss

Last Updated: July 10, 2024, 7:00 pm

Month	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	39	49	134	238	359	615	783	814	771	776	843	917	978
Expenses	35	43	120	205	309	533	665	696	658	668	738	824	889
Operating Profit	4	6	13	33	49	82	118	118	112	108	105	93	89
OPM %	11%	12%	10%	14%	14%	13%	15%	14%	15%	14%	12%	10%	9%
Other Income	0	1	0	2	1	4	3	5	4	5	1	-182	-182
Interest	0	1	3	6	9	10	16	19	16	13	12	11	16
Depreciation	1	1	2	3	3	4	5	7	13	13	11	14	17
Profit before tax	3	4	8	26	39	71	99	97	87	87	83	-114	-127
Tax %	8%	17%	16%	14%	21%	25%	31%	21%	19%	18%	16%	-11%
Net Profit	3	4	6	22	31	53	68	77	71	71	70	-127	-136
EPS in Rs	1.59	0.53	0.77	2.54	3.31	5.63	7.10	7.98	7.32	7.38	7.30	-13.14	-14.13
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	3%	0%	0%

Kellton Tech Solutions Ltd Profit & Loss Yearly Chart

Kellton Tech Solutions Ltd Growth

Compounded Sales Growth
10 Years:	35%
5 Years:	4%
3 Years:	8%
TTM:	5%

Compounded Profit Growth
10 Years:	33%
5 Years:	-4%
3 Years:	-3%
TTM:	27%

Stock Price CAGR
10 Years:	42%
5 Years:	58%
3 Years:	42%
1 Year:	100%

Return on Equity
10 Years:	20%
5 Years:	17%
3 Years:	16%
Last Year:	16%

Last Updated: July 26, 2024, 6:08 am

Kellton Tech Solutions Ltd Balance Sheet

Last Updated: July 10, 2024, 7:00 pm

Month	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	18	18	21	22	23	24	48	48	48	48	48	48	48
Reserves	5	9	22	44	102	154	212	281	368	372	430	325	358
Borrowings	2	6	26	82	87	120	114	123	132	109	122	162	152
Other Liabilities	5	11	33	89	97	154	207	147	170	102	71	61	73
Total Liabilities	29	44	101	237	309	452	581	599	718	632	672	596	631
Fixed Assets	16	22	54	107	118	222	228	220	278	206	199	64	62
CWIP	0	0	0	0	1	1	0	0	0	0	0	0	0
Investments	2	2	2	0	0	0	0	0	0	0	0	0	0
Other Assets	11	20	46	129	190	229	353	379	441	425	473	533	570
Total Assets	29	44	101	237	309	452	581	599	718	632	672	596	631

Kellton Tech Solutions Ltd Reserves and Borrowings Chart

Kellton Tech Solutions Ltd Cash Flow

Month	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	6	20	17	14	43	55	59	56	80	1	24	56
Cash from Investing Activity	-7	-35	-56	-29	-46	-40	-39	-39	32	-4	-72	-40
Cash from Financing Activity	1	19	51	7	12	-10	-15	-13	-102	-11	53	-19
Net Cash Flow	0	4	12	-9	8	4	5	4	9	-14	5	-2

Kellton Tech Solutions Ltd Financial Efficiency Indicators

Month	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	98	80	117	124	87	87	81	96	97	96	102	100
Inventory Days		30
Days Payable		331
Cash Conversion Cycle	98	-221	117	124	87	87	81	96	97	96	102	100
Working Capital Days	104	67	51	83	59	76	86	115	129	162	168	172
ROCE %	19%	22%	29%	34%	32%	34%	28%	21%	18%	17%	14%

Kellton Tech Solutions Ltd Financial Efficiency Indicators Chart

Kellton Tech Solutions Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	52.22%	52.22%	52.18%	52.16%	52.16%	52.16%	52.11%	52.14%	52.14%	52.14%	52.10%	51.94%
FIIs	0.57%	0.02%	0.62%	0.48%	0.08%	0.09%	0.06%	0.03%	0.07%	0.08%	0.44%	0.79%
DIIs	0.30%	3.22%	3.24%	3.64%	0.29%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	46.91%	44.54%	43.96%	43.72%	47.47%	47.45%	47.84%	47.84%	47.78%	47.79%	47.46%	47.27%
No. of Shareholders	41,034	66,319	69,487	1,17,877	1,18,022	1,15,533	1,12,155	1,08,170	1,16,164	1,44,331	1,53,949	1,65,970

Kellton Tech Solutions Ltd Shareholding Pattern Chart

No. of Kellton Tech Solutions Ltd Shareholders

This stock is not held by any mutual fund

Kellton Tech Solutions Ltd ROCE Trend

Kellton Tech Solutions Ltd EPS Trend

Kellton Tech Solutions Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	6.58	-13.56	7.39	7.34	7.70
Diluted EPS (Rs.)	6.58	-13.56	7.39	7.33	7.55
Cash EPS (Rs.)	8.21	-11.64	8.43	8.72	8.65
Book Value[Excl.RevalReserv]/Share (Rs.)	45.52	38.64	49.61	43.63	43.20
Book Value[Incl.RevalReserv]/Share (Rs.)	45.52	38.64	49.61	43.63	43.20
Revenue From Operations / Share (Rs.)	100.91	95.03	87.33	80.47	79.96
PBDIT / Share (Rs.)	10.91	9.91	10.98	11.67	12.07
PBIT / Share (Rs.)	9.27	8.42	9.84	10.33	10.74
PBT / Share (Rs.)	7.38	-11.84	8.65	9.00	9.03
Net Profit / Share (Rs.)	6.57	-13.14	7.30	7.38	7.32
NP After MI And SOA / Share (Rs.)	6.57	-13.14	7.30	7.38	7.32
PBDIT Margin (%)	10.81	10.43	12.57	14.50	15.09
PBIT Margin (%)	9.18	8.85	11.27	12.83	13.43
PBT Margin (%)	7.31	-12.45	9.90	11.18	11.29
Net Profit Margin (%)	6.51	-13.82	8.35	9.16	9.15
NP After MI And SOA Margin (%)	6.51	-13.82	8.35	9.16	9.15
Return on Networth / Equity (%)	14.43	-33.99	14.71	16.91	16.94
Return on Capital Employeed (%)	18.30	18.67	18.42	21.29	20.42
Return On Assets (%)	9.69	-21.25	10.48	11.25	9.81
Long Term Debt / Equity (X)	0.07	0.11	0.02	0.05	0.06
Total Debt / Equity (X)	0.29	0.36	0.21	0.20	0.22
Asset Turnover Ratio (%)	1.56	1.45	0.29	0.25	0.31
Current Ratio (X)	3.36	3.23	2.96	2.51	1.98
Quick Ratio (X)	3.36	3.23	2.96	2.51	1.98
Inventory Turnover Ratio (X)	0.00	54.09	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	0.00	0.00	3.42	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.00	2.96	0.00	0.00
Earning Retention Ratio (%)	0.00	0.00	96.58	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	0.00	97.04	0.00	0.00
Interest Coverage Ratio (X)	5.79	8.37	9.17	8.75	7.08
Interest Coverage Ratio (Post Tax) (X)	4.49	6.01	7.10	6.53	5.29
Enterprise Value (Cr.)	1050.06	529.83	891.73	742.20	134.05
EV / Net Operating Revenue (X)	1.07	0.57	1.06	0.95	0.17
EV / EBITDA (X)	9.88	5.54	8.42	6.60	1.15
MarketCap / Net Operating Revenue (X)	0.96	0.46	0.96	0.89	0.08
Retention Ratios (%)	0.00	0.00	96.57	0.00	0.00
Price / BV (X)	2.14	1.14	1.70	1.65	0.16
Price / Net Operating Revenue (X)	0.96	0.46	0.96	0.89	0.08
EarningsYield	0.06	-0.29	0.08	0.10	1.03

Kellton Tech Solutions Ltd Profitability Ratios (%)

Kellton Tech Solutions Ltd Liquidity Ratios

Kellton Tech Solutions Ltd Liquidity Ratios (%)

Kellton Tech Solutions Ltd Interest Coverage Ratios (%)

Kellton Tech Solutions Ltd Valuation Ratios

Fair Value

Fair Value: 168.32

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.

Undervalued: 3.90% compared to the current price 162

Intrinsic Value: 90.34

Calculation basis:

Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 44.23% compared to the current price 162

Last 5 Year EPS CAGR: -46.33%

*Investments are subject to market risks

Strength and Weakness of Kellton Tech Solutions Ltd Stock

Strength	Weakness
The stock has a high average ROCE of 22.33%, which is a positive sign. The company has higher reserves (226.17 cr) compared to borrowings (101.75 cr), indicating strong financial stability. The company has shown consistent growth in sales (562.77 cr) and profit (27.92 cr) over the years.	The stock has a high average Working Capital Days of 106.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 72.00, which may not be favorable.

FAQ

What is the latest fair value of Kellton Tech Solutions Ltd?

The latest fair value of Kellton Tech Solutions Ltd is ₹168.32.

What is the Market Cap of Kellton Tech Solutions Ltd?

The Market Cap of Kellton Tech Solutions Ltd is 1,581 Cr..

What is the current Stock Price of Kellton Tech Solutions Ltd as on 27 July 2024?

The current stock price of Kellton Tech Solutions Ltd as on 27 July 2024 is 162.

What is the High / Low of Kellton Tech Solutions Ltd stocks in FY 2024?

In FY 2024, the High / Low of Kellton Tech Solutions Ltd stocks is 184/72.5.

What is the Stock P/E of Kellton Tech Solutions Ltd?

The Stock P/E of Kellton Tech Solutions Ltd is 23.1.

What is the Book Value of Kellton Tech Solutions Ltd?

The Book Value of Kellton Tech Solutions Ltd is 45.5.

What is the Dividend Yield of Kellton Tech Solutions Ltd?

The Dividend Yield of Kellton Tech Solutions Ltd is 0.00 %.

What is the ROCE of Kellton Tech Solutions Ltd?

The ROCE of Kellton Tech Solutions Ltd is 16.2 %.

What is the ROE of Kellton Tech Solutions Ltd?

The ROE of Kellton Tech Solutions Ltd is 15.7 %.

What is the Face Value of Kellton Tech Solutions Ltd?

The Face Value of Kellton Tech Solutions Ltd is 5.00.