Kothari World Finance Ltd (511138) share price, results

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore

	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019
Sales	0.64	0.81	0.91	1.07	1.14	1.06	1.07	0.84	1.12	1.23	1.29	1.24
Expenses	0.40	0.24	0.31	0.26	0.35	0.22	0.23	0.19	0.10	0.64	0.50	0.19
Operating Profit	0.24	0.57	0.60	0.81	0.79	0.84	0.84	0.65	1.02	0.59	0.79	1.05
OPM %	37.50%	70.37%	65.93%	75.70%	69.30%	79.25%	78.50%	77.38%	91.07%	47.97%	61.24%	84.68%
Other Income	0.00	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.01	0.00	0.01	0.01	0.01
Depreciation	-0.59	0.07	0.07	0.07	0.08	0.07	0.07	0.07	0.07	0.07	0.07	0.07
Profit before tax	0.83	0.55	0.53	0.74	0.71	0.75	0.77	0.57	0.95	0.52	0.71	0.97
Tax %	73.49%	23.64%	26.42%	20.27%	16.90%	20.00%	22.08%	24.56%	23.16%	15.38%	19.72%	17.53%
Net Profit	0.22	0.43	0.39	0.59	0.59	0.60	0.60	0.43	0.73	0.44	0.57	0.80
EPS in Rs	0.30	0.58	0.52	0.79	0.79	0.81	0.81	0.58	0.98	0.59	0.77	1.08

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Sales	0.15	0.51	0.51	1.66	1.07	1.75	3.34	3.43	2.94	3.94	4.15	4.70
Expenses	0.08	0.37	0.52	1.13	0.46	0.46	1.34	1.08	0.79	1.17	0.74	2.82
Operating Profit	0.07	0.14	-0.01	0.53	0.61	1.29	2.00	2.35	2.15	2.77	3.41	1.88
OPM %	46.67%	27.45%	-1.96%	31.93%	57.01%	73.71%	59.88%	68.51%	73.13%	70.30%	82.17%	40.00%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.00	0.02
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.06
Depreciation	0.02	0.02	0.02	0.10	0.16	0.40	0.72	0.53	-0.20	0.28	0.29	0.29
Profit before tax	0.05	0.12	-0.03	0.43	0.45	0.89	1.28	1.82	2.35	2.54	3.08	1.55
Tax %	20.00%	16.67%	66.67%	25.58%	35.56%	17.98%	21.88%	26.92%	42.55%	21.26%	22.40%	9.68%
Net Profit	0.04	0.10	-0.05	0.33	0.30	0.73	1.00	1.34	1.34	1.99	2.40	1.40
EPS in Rs				0.44	0.40	0.98	1.34	1.80	1.80	2.68	3.23	1.88
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	25%	7%	17%	13%
Compounded Profit Growth	30%	7%	1%	-42%
Stock Price CAGR	-5%	%	%		%
Return on Equity	7%	9%	10%			6%

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Equity Capital	1.49	1.49	1.48	7.44	7.44	7.44	7.44	7.44	7.44	7.44	7.44	7.44
Reserves	0.68	0.77	6.34	4.80	5.10	5.84	6.83	8.17	9.51	11.51	13.91	15.31
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	0.03	0.08	1.84	0.10	0.23	0.28	0.83	0.65	0.67	0.61	0.80	2.17
Total Liabilities	2.20	2.34	9.66	12.34	12.77	13.56	15.10	16.26	17.62	19.56	22.15	24.92
Fixed Assets	0.29	0.27	1.93	1.84	4.49	8.30	11.83	0.00	11.53	11.25	10.97	10.69
CWIP	0.10	0.10	0.10	0.10	0.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.41	0.36	0.36	0.63	0.63	0.62	0.62	11.95	0.34	0.34	0.34	0.34
Other Assets	1.40	1.61	7.27	9.77	7.55	4.64	2.65	4.31	5.75	7.97	10.84	13.89
Total Assets	2.20	2.34	9.66	12.34	12.77	13.56	15.10	16.26	17.62	19.56	22.15	24.92

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Cash from Operating Activity	-0.91	-0.03	-0.14	0.57	0.35	1.02	1.40	1.77	0.94	1.16	-0.58	1.01
Cash from Investing Activity	0.05	0.15	-1.61	-0.27	-2.80	-4.09	-4.25	-0.02	0.00	0.00	0.00	0.00
Cash from Financing Activity	0.00	0.00	7.34	2.35	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash Flow	-0.86	0.12	5.59	2.65	-2.45	-3.07	-2.85	1.75	0.95	1.16	-0.58	1.01
Free Cash Flow	-0.91	-0.03	-1.82	0.56	-2.45	-3.08	-2.85	1.74	0.94	1.15	-0.58	1.00
CFO/OP	-1,300%	-21%	1,400%	134%	84%	101%	96%	96%	73%	61%	2%	88%

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Debtor Days	97.33	35.78	50.10	6.60	61.40	64.66	51.36	0.00	0.00	0.00	13.19	19.41
Inventory Days		285.65	331.82	55.44	608.33		271.14	196.54		287.58		179.18
Days Payable		63.48	0.00	0.00	0.00		0.00	0.00		5.53		0.00
Cash Conversion Cycle	97.33	257.96	381.92	62.04	669.74	64.66	322.51	196.54	0.00	282.05	13.19	198.60
Working Capital Days	3,114.67	944.71	-944.71	50.57	71.64	39.63	18.58	95.77	98.08	94.49	48.37	-51.26
ROCE %	2.33%	5.42%	-0.60%	4.29%	3.63%	6.89%	9.29%	12.18%	14.43%	14.15%	15.48%	7.30%

	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020
Promoters	64.54%	64.58%	64.58%	64.58%	64.58%	64.58%	64.88%	65.91%	66.03%	66.08%	66.08%	66.08%
Public	35.46%	35.42%	35.42%	35.42%	35.42%	35.42%	35.12%	34.09%	33.97%	33.92%	33.92%	33.92%
No. of Shareholders	148	159	159	160	160	164	175	172	174	177	178	177

Fundamentals

Market Cap₹ 38.7 Cr.

Current Price₹ 52.0

Stock P/E27.6

Book Value₹ 30.6

ROCE7.30 %

ROE6.35 %

Dividend Yield0.00 %

Face Value₹ 10.0

Compounded Sales Growth (TTM)13%

Compounded Profit Growth (TTM)-42%

Standalone figures.

Valuation

P/E, 3-year average21.99x

P/B, 3-year average1.94x

P/E, 5-year average29.46x

P/B, 5-year average2.51x

Profitability

Operating margin (excl. other income)40.00%

Operating margin (incl. other income)40.43%

EBITDA margin71.52%

Pre-tax margin64.55%

Net profit margin52.05%

Net margin, latest quarter64.52%

ROE6.35%

ROCE7.30%

ROA5.95%

ROE, 3-year average9.78%

ROCE, 3-year average12.31%

ROA, 3-year average9.39%

ROE, 5-year average9.31%

ROCE, 5-year average12.71%

ROA, 5-year average8.92%

ROIC (approx.)17.67%

Tax rate9.68%

Other income / net worth0.09%

Growth

Sales growth (latest year)13.25%

Profit growth (latest year)-41.67%

Sales CAGR, 3 years16.93%

Sales CAGR, 5 years7.07%

Profit CAGR, 3 years1.47%

Profit CAGR, 5 years6.96%

Sales growth QoQ-3.88%

Profit growth QoQ40.35%

Sales growth YoY (latest quarter)47.62%

Profit growth YoY (latest quarter)86.05%

Per share

EPS (TTM)Rs 3.42

EPS (latest year)Rs 1.88

EPS (latest quarter)Rs 1.08

EPS, 3-year averageRs 2.60

EPS, 5-year averageRs 2.28

Book value per shareRs 30.59

Sales per shareRs 6.56

Cash flow per shareRs 1.36

Free cash flow per shareRs 1.34

Efficiency

Asset turnover0.19x

Fixed asset turnover0.44x

Inventory turnover2.74x

Inventory days133 days

Debtor days19 days

Debtors turnover18.80x

Creditor days0 days

Cash conversion cycle199 days

Working capital days-51 days

Leverage

Cash and bankRs 6 Cr

Net debtRs -6 Cr

Net debt / EBITDA-1.82x

Interest coverage53.50x

Owners' fund to total sources91.29%

Cash flow

Cash from Operating Activity (latest year)Rs 1 Cr

Net Cash Flow (latest year)Rs 1 Cr

Free cash flow (latest year)Rs 1 Cr

Cash from ops / profit, 5 years0.51x

Sales to cash flow4.65x

Statement figures

Net sales (TTM)Rs 5 Cr

Net sales (latest year)Rs 5 Cr

Sales (latest quarter)Rs 1 Cr

Operating profit excl. other income (latest year)Rs 2 Cr

Operating profit (latest quarter)Rs 1 Cr

Other income (TTM)Rs 0 Cr

EBITDA (TTM)Rs 3 Cr

PBDT (TTM)Rs 3 Cr

Profit before tax (TTM)Rs 3 Cr

Tax (latest year)Rs 0 Cr

Net profit (TTM)Rs 3 Cr

Net profit (latest year)Rs 1 Cr

Net profit (latest quarter)Rs 1 Cr

Depreciation (TTM)Rs 0 Cr

Depreciation (latest quarter)Rs 0 Cr

Interest (TTM)Rs 0 Cr

Cost of goods sold (latest year)Rs 1 Cr

Total expenditure (latest year)Rs 3 Cr

Total income (latest year)Rs 5 Cr

Share capitalRs 7 Cr

ReservesRs 15 Cr

Shareholders' fundsRs 23 Cr

Total assetsRs 25 Cr

Net blockRs 11 Cr

InvestmentsRs 0 Cr

ReceivablesRs 0 Cr

InventoryRs 0 Cr

Other liabilitiesRs 2 Cr

Shares outstanding (crore)0.74

Ownership

Promoter holding66.08% (+0.17 in a year)

Computed by MarketFriction from the standalone statements. Returns use average balances.

P/E 15.2 is the lowest in its own 3.3-year history (median 20.4, low 15.2, high 47.2).

P/B 1.70 is the lowest in 3.3 years (median 2.20).

Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.

Not enough price history.

Red flags

F-score 5 of 8

explain

Weak cash conversion Cash from operations was 27% of net profit over the last 3 years

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2019

Sales ₹1 Cr +47.6% vs Dec 2018. Net profit ₹1 Cr +86.0%.

Activity

Compare

No listed peers in this industry.

No bulk or block deals on record.

No corporate actions on record.

No announcements in our files yet.

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

No short selling reported to NSE in our files.

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Kothari World Finance Ltd?

Kothari World Finance Ltd (511138) has a market capitalisation of Rs 38.7 Cr. at the close.

What is the P/E ratio of Kothari World Finance Ltd?

Kothari World Finance Ltd trades at a P/E of 27.6 on trailing twelve-month profit, at the close.

What were Kothari World Finance Ltd's latest quarterly results?

In the Dec 2019 quarter, Kothari World Finance Ltd sales was Rs 1 Cr (+47.6% vs Dec 2018) and net profit was Rs 1 Cr.