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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Kingfa Science & Technology (India) Ltd

About the Company - Kingfa Science & Technology (India) Ltd

Kingfa Science & Technology (India) Ltd. is a Public Limited Listed company incorporated on 10/11/1983 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L25209TN1983PLC010438 and registration number is 010438. Currently Company is involved in the business activities of Manufacture of other plastics products. Company’s Total Operating Revenue is Rs. 1047.71 Cr. and Equity Capital is Rs. 12.11 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plastics - Plastic & Plastic ProductsDhun Building, 3rd Floor, Chennai (Madras) Tamil Nadu 600002cs@kingfaindia.com
http://www.kingfaindia.com
Management
NamePosition Held
Mr. Bo JingenManaging Director
Mr. D BalajiExecutive Director
Mr. N SubramanianIndependent Director
Mr. Dilip Dinkar KulkarniIndependent Director
Ms. Nilima Ramrao ShindeIndependent Director
Mr. Wu XiaohuiNon Exe.Non Ind.Director

Kingfa Science & Technology (India) Ltd. Share Price Update

Share PriceValue
Today₹1,958.00
Previous Day₹2,033.00

Basic Stock Data of Kingfa Science & Technology (India) Ltd

Market Cap 2,462 Cr.
Current Price 2,033
High / Low2,595/1,241
Stock P/E19.6
Book Value 438
Dividend Yield0.00 %
ROCE24.7 %
ROE19.1 %
Face Value 10.0

Data Source: screener.in

Kingfa Science & Technology (India) Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales167194221222265256304346351340366339351
Expenses162190211202251242287338317310311289306
Operating Profit54102014141783431555045
OPM %3%2%4%9%5%5%6%2%10%9%15%15%13%
Other Income321000-6011120
Interest1011112111211
Depreciation2333333344444
Profit before tax427161010533027494740
Tax %24%32%75%26%25%26%27%27%26%25%26%25%25%
Net Profit3221277422220373530
EPS in Rs2.721.361.359.686.156.163.302.0418.2416.7030.2428.9324.44

Kingfa Science & Technology (India) Ltd Quarterly Chart

Kingfa Science & Technology (India) Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1501571782193144276027027426271,0481,4041,395
Expenses1411551812122884085606666986079661,2761,215
Operating Profit92-3627194135432082128180
OPM %6%1%-2%3%8%5%7%5%6%3%8%9%13%
Other Income-0100146436-2224
Interest7778722243576
Depreciation33333368911131415
Profit before tax-0-7-12-517183929331241110163
Tax %123%29%31%35%38%30%36%35%26%55%26%26%
Net Profit0-5-8-3111225192553181121
EPS in Rs0.02-4.14-6.95-2.498.9310.2420.3515.7420.334.3925.2967.22100.31
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Kingfa Science & Technology (India) Ltd Profit & Loss Yearly Chart

Kingfa Science & Technology (India) Ltd Growth

Compounded Sales Growth
10 Years:25%
5 Years:18%
3 Years:24%
TTM:8%
Compounded Profit Growth
10 Years:32%
5 Years:27%
3 Years:49%
TTM:135%
Stock Price CAGR
10 Years:49%
5 Years:27%
3 Years:53%
1 Year:52%
Return on Equity
10 Years:9%
5 Years:10%
3 Years:12%
Last Year:19%

Kingfa Science & Technology (India) Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital6666101012121212121212
Reserves191352109234293312336342372454519
Borrowings43346275164221174671464229
Other Liabilities2131314195119159210202246449502373
Total Liabilities88851051252304054855515966718801,010932
Fixed Assets2926242529768885107129126123251
CWIP000141102791151231271315
Investments0000000000000
Other Assets58588199160319395388375419627756676
Total Assets88851051252304054855515966718801,010932

Kingfa Science & Technology (India) Ltd Reserves and Borrowings Chart

Kingfa Science & Technology (India) Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 89-24-119-119-1169630-23827
Cash from Investing Activity -12-1-4-47-18-6-77-63-14-19-12
Cash from Financing Activity -7-112553413714-72217-14-21
Net Cash Flow00006-1-10812-1115-6

Kingfa Science & Technology (India) Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days8478979399111110109971239993
Inventory Days54525464856985636710011094
Days Payable44686672127108108119115152181155
Cash Conversion Cycle956285855772865349712832
Working Capital Days865790876682995969824856
ROCE %10%-1%-9%4%22%9%13%9%10%4%16%25%

Kingfa Science & Technology (India) Ltd Financial Efficiency Indicators Chart

Kingfa Science & Technology (India) Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters74.99%74.99%74.99%74.99%74.99%74.99%74.99%74.99%74.99%74.99%74.99%74.99%
FIIs6.55%6.33%6.33%6.33%6.33%6.35%6.34%6.32%6.32%6.33%6.34%6.35%
Public18.45%18.68%18.68%18.68%18.68%18.66%18.66%18.69%18.68%18.67%18.66%18.66%
No. of Shareholders7,5117,7027,8107,7448,1788,6829,0228,7948,2057,9758,4909,419

Kingfa Science & Technology (India) Ltd Shareholding Pattern Chart

No. of Kingfa Science & Technology (India) Ltd Shareholders

This stock is not held by any mutual fund

Kingfa Science & Technology (India) Ltd ROCE Trend

Kingfa Science & Technology (India) Ltd EPS Trend

Kingfa Science & Technology (India) Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)67.2225.294.3920.3315.73
Diluted EPS (Rs.)67.2225.294.3920.3315.73
Cash EPS (Rs.)78.9036.0013.3127.7222.35
Book Value[Excl.RevalReserv]/Share (Rs.)384.78317.57292.29287.84267.94
Book Value[Incl.RevalReserv]/Share (Rs.)384.78317.57292.29287.84267.94
Revenue From Operations / Share (Rs.)1159.08865.13517.93612.28579.27
PBDIT / Share (Rs.)107.5668.4121.4337.8632.45
PBIT / Share (Rs.)95.8957.7012.5230.4625.84
PBT / Share (Rs.)90.4934.149.7927.5324.13
Net Profit / Share (Rs.)67.2225.294.3920.3315.73
PBDIT Margin (%)9.277.904.136.185.60
PBIT Margin (%)8.276.662.414.974.46
PBT Margin (%)7.803.941.884.494.16
Net Profit Margin (%)5.792.920.843.312.71
Return on Networth / Equity (%)17.477.961.507.065.87
Return on Capital Employeed (%)24.6517.083.929.999.06
Return On Assets (%)8.053.490.794.123.45
Long Term Debt / Equity (X)0.000.040.060.050.05
Total Debt / Equity (X)0.080.100.110.120.05
Asset Turnover Ratio (%)1.491.350.981.291.36
Current Ratio (X)1.371.301.451.591.81
Quick Ratio (X)0.830.740.941.101.31
Inventory Turnover Ratio (X)3.844.474.035.425.09
Interest Coverage Ratio (X)19.9515.677.8412.9218.97
Interest Coverage Ratio (Post Tax) (X)13.4711.192.617.9410.19
Enterprise Value (Cr.)1621.011546.18724.65469.93769.69
EV / Net Operating Revenue (X)1.151.481.160.631.10
EV / EBITDA (X)12.4418.6627.9210.2519.58
MarketCap / Net Operating Revenue (X)1.141.461.130.601.15
Price / BV (X)3.453.992.001.282.48
Price / Net Operating Revenue (X)1.141.461.130.601.15
EarningsYield0.050.010.010.050.02

Kingfa Science & Technology (India) Ltd Profitability Ratios (%)

Kingfa Science & Technology (India) Ltd Liquidity Ratios

Kingfa Science & Technology (India) Ltd Liquidity Ratios (%)

Kingfa Science & Technology (India) Ltd Interest Coverage Ratios (%)

Kingfa Science & Technology (India) Ltd Valuation Ratios

Fair Value of Kingfa Science & Technology (India) Ltd Stock

Fair Value: ₹1672.49

The stock is overvalued by 17.73% compared to the current price ₹2033

*Investments are subject to market risks

Strength and Weakness of Kingfa Science & Technology (India) Ltd Stock

StrengthWeakness
  1. The company has higher reserves (231.54 cr) compared to borrowings (41.85 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (317.00 cr) and profit (33.69 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 44.48 and average Dividend Yield of 4.45%.
  2. The stock has a low average ROCE of 9.33%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 73.42, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 64.58, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Kingfa Science & Technology (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE