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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Kothari Products Ltd

About the Company - Kothari Products Ltd

Kothari Products Ltd. is a Public Limited Listed company incorporated on 17/09/1983 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L16008UP1983PLC006254 and registration number is 006254. Currently Company is involved in the business activities of Wholesale of computers, computer peripheral equipment and software. Company’s Total Operating Revenue is Rs. 1079.00 Cr. and Equity Capital is Rs. 29.84 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Pan Masala/Tobacco ProductsPan Parag House, 24/19, The Mall, Kanpur Uttar Pradesh 208001info@kothariproducts.in
http://www.kothariproducts.in
Management
NamePosition Held
Mr. Deepak KothariChairman & Managing Director
Mr. Mitesh KothariExecutive Director
Dr. Avinash GuptaDirector
Mr. Pramod Kumar TandonDirector
Mr. Vikas ChaturvediDirector
Mrs. Poonam AcharyaDirector

Kothari Products Ltd. Share Price Update

Share PriceValue
Today₹157.80
Previous Day₹161.65

Basic Stock Data of Kothari Products Ltd

Market Cap 435 Cr.
Current Price 146
High / Low187/98.2
Stock P/E24.1
Book Value 321
Dividend Yield0.00 %
ROCE1.86 %
ROE0.73 %
Face Value 10.0

Data Source: screener.in

Kothari Products Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales626.00773.78958.091,566.92755.66512.06562.21413.65324.03326.21323.08224.33265.79
Expenses657.12853.68984.701,563.92753.21517.13563.99417.66327.96324.12344.26223.52268.46
Operating Profit-31.12-79.90-26.613.002.45-5.07-1.78-4.01-3.932.09-21.180.81-2.67
OPM %-4.97%-10.33%-2.78%0.19%0.32%-0.99%-0.32%-0.97%-1.21%0.64%-6.56%0.36%-1.00%
Other Income3.135.39110.1421.384.679.2020.0510.2011.338.0122.1114.774.99
Interest11.749.0410.7710.468.776.366.272.803.712.673.722.171.49
Depreciation0.800.650.750.640.650.640.830.630.580.650.530.470.46
Profit before tax-40.53-84.2072.0113.28-2.30-2.8711.172.763.116.78-3.3212.940.37
Tax %0.00%-1.43%-0.24%45.11%19.57%72.82%10.30%23.55%69.77%23.89%9.04%9.51%-18.92%
Net Profit-40.53-85.4072.187.29-1.85-0.7810.022.110.945.16-3.0211.710.44
EPS in Rs-13.58-28.6224.192.44-0.62-0.263.360.710.311.73-1.013.920.15

Kothari Products Ltd Quarterly Chart

Kothari Products Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3,9405,0445,7486,6346,8666,3346,3675,7194,1133,1173,3971,3871,139
Expenses3,8354,8885,6106,4786,6806,1606,2645,5764,1713,2003,3861,4031,160
Operating Profit105156138156186175103143-58-8311-16-21
OPM %3%3%2%2%3%3%2%2%-1%-3%0%-1%-2%
Other Income1517109-221138116676434150
Interest30415354757845595043321310
Depreciation1222333333322
Profit before tax89129931091061156816255-5419917
Tax %31%33%32%32%37%34%19%24%37%-4%24%44%
Net Profit6187637467765512435-5615514
EPS in Rs20.5329.3221.1924.9522.4725.3718.5541.4111.64-18.874.921.744.79
Dividend Payout %16%15%6%16%13%12%8%2%0%0%0%0%

Kothari Products Ltd Profit & Loss Yearly Chart

Kothari Products Ltd Growth

Compounded Sales Growth
10 Years:-12%
5 Years:-26%
3 Years:-30%
TTM:-37%
Compounded Profit Growth
10 Years:-21%
5 Years:-31%
3 Years:-40%
TTM:16%
Stock Price CAGR
10 Years:8%
5 Years:12%
3 Years:31%
1 Year:40%
Return on Equity
10 Years:4%
5 Years:2%
3 Years:-2%
Last Year:1%

Kothari Products Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital77720303030303030303030
Reserves6627357928408689289831,1001,1411,0301,0531,124928
Borrowings2903303242653952835281,1411,1051,02534327560
Other Liabilities2,7332,7373,2314,1043,4762,6482,0231,0175324643415126
Total Liabilities3,6913,8094,3535,2294,7693,8893,5633,2882,8082,5491,7671,4791,045
Fixed Assets164546159358614716616481797031
CWIP13000000100000
Investments1491,6831,7712,0571,87327333850241259236663
Other Assets3,3652,0722,5213,1122,8623,5293,0783,0702,6202,4561,6301,173351
Total Assets3,6913,8094,3535,2294,7693,8893,5633,2882,8082,5491,7671,4791,045

Kothari Products Ltd Reserves and Borrowings Chart

Kothari Products Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 840-123126295-22412-781-1,272-63120670241
Cash from Investing Activity -43132-98-283232135550814597413-168
Cash from Financing Activity 11590-54-10357-190189548-89-138-714-81
Net Cash Flow91199-26-9065-42-4190-9356-31-8

Kothari Products Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days12310912113812497107150187240136215
Inventory Days181413111211131013012
Days Payable1741531701731751561176644503411
Cash Conversion Cycle-34-31-36-24-39-49294155190103206
Working Capital Days-99-67-60-63-432733106164202112257
ROCE %14%16%13%14%15%15%8%12%5%-2%3%2%

Kothari Products Ltd Financial Efficiency Indicators Chart

Kothari Products Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 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%
FIIs0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public25.01%25.01%25.01%25.01%25.00%25.01%25.00%25.01%25.01%25.01%25.01%25.01%
No. of Shareholders8,4408,3669,1868,9778,6568,6067,9387,9197,9288,2888,5918,734

Kothari Products Ltd Shareholding Pattern Chart

No. of Kothari Products Ltd Shareholders

This stock is not held by any mutual fund

Kothari Products Ltd ROCE Trend

Kothari Products Ltd EPS Trend

Kothari Products Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.744.92-18.8611.6441.41
Diluted EPS (Rs.)1.744.92-18.8611.6441.41
Cash EPS (Rs.)1.905.61-13.6612.8741.76
Book Value[Excl.RevalReserv]/Share (Rs.)386.78362.94375.48392.52378.72
Book Value[Incl.RevalReserv]/Share (Rs.)386.78362.94375.48392.52378.72
Revenue From Operations / Share (Rs.)464.801138.351044.591378.431916.48
PBDIT / Share (Rs.)7.6117.831.6536.4074.44
PBIT / Share (Rs.)6.8116.910.6435.3473.37
PBT / Share (Rs.)2.486.23-13.8918.5253.72
Net Profit / Share (Rs.)1.104.69-14.6711.8040.69
NP After MI And SOA / Share (Rs.)1.744.92-18.8711.6441.41
PBDIT Margin (%)1.631.560.152.643.88
PBIT Margin (%)1.461.480.062.563.82
PBT Margin (%)0.530.54-1.331.342.80
Net Profit Margin (%)0.230.41-1.400.852.12
NP After MI And SOA Margin (%)0.370.43-1.800.842.16
Return on Networth / Equity (%)0.441.35-5.022.9610.93
Return on Capital Employeed (%)1.563.770.126.2913.53
Return On Assets (%)0.350.83-2.151.233.75
Long Term Debt / Equity (X)0.120.230.360.420.42
Total Debt / Equity (X)0.230.310.910.941.01
Asset Turnover Ratio (%)0.850.580.770.961.17
Current Ratio (X)6.063.502.132.231.76
Quick Ratio (X)6.023.492.132.101.68
Dividend Payout Ratio (NP) (%)0.000.000.0010.360.00
Dividend Payout Ratio (CP) (%)0.000.000.009.490.00
Earning Retention Ratio (%)0.000.000.0089.640.00
Cash Earning Retention Ratio (%)0.000.000.0090.510.00
Interest Coverage Ratio (X)1.761.670.112.173.79
Interest Coverage Ratio (Post Tax) (X)1.251.44-0.011.703.07
Enterprise Value (Cr.)573.54610.951111.231082.681166.40
EV / Net Operating Revenue (X)0.410.170.350.260.20
EV / EBITDA (X)25.2711.48225.409.975.25
MarketCap / Net Operating Revenue (X)0.240.110.060.020.04
Retention Ratios (%)0.000.000.0089.630.00
Price / BV (X)0.290.350.160.080.22
Price / Net Operating Revenue (X)0.240.110.060.020.04
EarningsYield0.010.03-0.290.330.48

Kothari Products Ltd Profitability Ratios (%)

Kothari Products Ltd Liquidity Ratios

Kothari Products Ltd Liquidity Ratios (%)

Kothari Products Ltd Interest Coverage Ratios (%)

Kothari Products Ltd Valuation Ratios

Fair Value of Kothari Products Ltd Stock

Fair Value: ₹57.60

The stock is overvalued by 60.55% compared to the current price ₹146

*Investments are subject to market risks

Strength and Weakness of Kothari Products Ltd Stock

StrengthWeakness
  1. The company has higher reserves (937.23 cr) compared to borrowings (489.54 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (4.15 cr) and profit (70.54 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 26.61 and average Dividend Yield of 1.88%.
  2. The stock has a low average ROCE of 9.58%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 47.42, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 44.75, 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 Kothari Products 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