Price
Financials
Consolidated, Rs crore| Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 361.09 | 113.59 | 47.99 | 32.12 | 36.19 | 34.27 | 31.33 | 25.43 | 29.60 | 34.07 | 10.57 | 18.23 |
| Expenses | 2,027.72 | 563.64 | 101.35 | 36.54 | 71.23 | 36.29 | 34.37 | 28.99 | 222.31 | 27.59 | 9.76 | 18.64 |
| Operating Profit | -1,666.63 | -450.05 | -53.36 | -4.42 | -35.04 | -2.02 | -3.04 | -3.56 | -192.71 | 6.48 | 0.81 | -0.41 |
| OPM % | -461.56% | -396.21% | -111.19% | -13.76% | -96.82% | -5.89% | -9.70% | -14.00% | -651.05% | 19.02% | 7.66% | -2.25% |
| Other Income | 0.73 | 0.01 | 0.06 | 0.13 | 0.04 | 0.52 | 0.06 | 0.05 | 2.42 | -2.10 | 0.03 | 0.09 |
| Interest | 64.98 | 8.72 | 2.45 | 5.22 | 3.79 | 4.12 | 3.85 | 3.62 | 730.54 | 263.77 | 3.73 | 3.79 |
| Depreciation | 34.23 | 34.09 | 8.86 | 8.86 | 8.54 | 8.50 | 7.42 | 7.39 | 7.39 | 3.53 | 2.80 | 2.83 |
| Profit before tax | -1,765.11 | -492.85 | -64.61 | -18.37 | -47.33 | -14.12 | -14.25 | -14.52 | -928.22 | -262.92 | -5.69 | -6.94 |
| Tax % | 0.00% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 68.41% | 0.00% | 0.00% |
| Net Profit | -1,765.11 | -499.38 | -64.62 | -18.36 | -47.33 | -14.12 | -14.25 | -14.53 | -928.70 | -442.79 | -5.69 | -6.94 |
| EPS in Rs | -73.13 | -20.69 | -2.68 | -0.76 | -1.96 | -0.59 | -0.59 | -0.60 | -38.48 | -18.35 | -0.24 | -0.29 |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,604 | 2,416 | 3,929 | 5,011 | 5,877 | 6,348 | 6,872 | 7,319 | 1,369 | 151 | 120 | 92 |
| Expenses | 1,503 | 2,249 | 3,706 | 4,716 | 5,525 | 5,959 | 6,417 | 6,793 | 4,194 | 244 | 313 | 278 |
| Operating Profit | 101 | 167 | 224 | 294 | 352 | 389 | 455 | 526 | -2,825 | -93 | -193 | -186 |
| OPM % | 6% | 7% | 6% | 6% | 6% | 6% | 7% | 7% | -206% | -62% | -160% | -201% |
| Other Income | 0 | 0 | -2 | 4 | 12 | 30 | 14 | 12 | -62 | -1 | 0 | 0 |
| Interest | 37 | 65 | 94 | 117 | 143 | 161 | 183 | 247 | 199 | 16 | 1,002 | 1,002 |
| Depreciation | 4 | 8 | 10 | 13 | 25 | 23 | 22 | 126 | 130 | 35 | 26 | 17 |
| Profit before tax | 61 | 94 | 118 | 169 | 196 | 234 | 264 | 165 | -3,217 | -144 | -1,220 | -1,204 |
| Tax % | 24% | 2% | 10% | 14% | 15% | 30% | 26% | 44% | -0% | 0% | 15% | |
| Net Profit | 46 | 92 | 106 | 145 | 167 | 164 | 194 | 92 | -3,216 | -144 | -1,400 | -1,384 |
| EPS in Rs | 2.26 | 4.55 | 5.20 | 7.13 | 7.61 | 7.32 | 8.18 | 3.83 | -133.25 | -5.98 | -58.02 | -57.36 |
| Dividend Payout % | 4% | 2% | 2% | 1% | 1% | 1% | 1% | 3% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -23% | -55% | -75% | -27% | ||
| Compounded Profit Growth | % | % | % | -1434% | ||
| Stock Price CAGR | -34% | % | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 | 22 | 22 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 71 | 161 | 264 | 408 | 643 | 831 | 1,094 | 1,232 | -1,960 | -2,115 | -3,510 |
| Borrowings | 424 | 668 | 962 | 1,096 | 1,249 | 1,520 | 1,662 | 1,822 | 1,953 | 1,979 | 2,638 |
| Other Liabilities | 44 | 46 | 127 | 229 | 152 | 176 | 249 | 402 | 438 | 428 | 982 |
| Total Liabilities | 559 | 895 | 1,373 | 1,754 | 2,066 | 2,549 | 3,028 | 3,481 | 455 | 317 | 134 |
| Fixed Assets | 42 | 64 | 73 | 106 | 67 | 66 | 439 | 467 | 313 | 276 | 111 |
| CWIP | 0 | 0 | 9 | 22 | 118 | 194 | 7 | 56 | 7 | 7 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 517 | 831 | 1,292 | 1,626 | 1,880 | 2,283 | 2,583 | 2,958 | 135 | 34 | 20 |
| Total Assets | 559 | 895 | 1,373 | 1,754 | 2,066 | 2,549 | 3,028 | 3,481 | 455 | 317 | 134 |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -139 | -134 | -110 | -14 | 59 | 113 | 271 | 85 | -161 | 1 | -2 |
| Cash from Investing Activity | -27 | -31 | -28 | -59 | -151 | -224 | -275 | -98 | 40 | -0 | 2 |
| Cash from Financing Activity | 167 | 176 | 199 | 16 | 104 | 132 | 38 | -7 | 57 | 0 | -1 |
| Net Cash Flow | -0 | 11 | 61 | -56 | 13 | 22 | 34 | -19 | -63 | 1 | -2 |
| Free Cash Flow | -167 | -165 | -138 | -73 | -93 | -114 | -5 | -11 | -159 | 1 | -1 |
| CFO/OP | -127% | -68% | -43% | 4% | 17% | 38% | 69% | 18% | 6% | -2% | 1% |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 94 | 100 | 94 | 97 | 82 | 95 | 84 | 95 | 16 | 37 | 26 |
| Inventory Days | 16 | 17 | 10 | 15 | 20 | 11 | 21 | 13 | 2 | 16 | 7 |
| Days Payable | 5 | 4 | 9 | 13 | 4 | 3 | 6 | 9 | 14 | 204 | 231 |
| Cash Conversion Cycle | 105 | 112 | 95 | 99 | 99 | 103 | 99 | 99 | 4 | -151 | -198 |
| Working Capital Days | 30 | 28 | 18 | 25 | 30 | 33 | 42 | 49 | -614 | -5,767 | -10,922 |
| ROCE % | 23% | 20% | 21% | 20% | 18% | 17% | 14% | -191% |
| Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% | 24.01% |
| FIIs | 0.10% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.09% | 0.10% | 0.09% | 0.09% | 0.11% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
| Public | 75.80% | 75.88% | 75.90% | 75.90% | 75.87% | 75.90% | 75.90% | 75.90% | 75.90% | 75.90% | 75.90% | 75.90% |
| No. of Shareholders | 1,10,387 | 1,10,572 | 1,07,296 | 1,07,864 | 1,07,273 | 1,04,969 | 1,05,788 | 1,04,975 | 1,02,951 | 1,02,715 | 1,02,701 | 1,02,671 |
Fundamentals
Market Cap₹ 53.1 Cr.
Current Price₹ 2.20
Book Value₹ -145
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-27%
Compounded Profit Growth (TTM)-1434%
Consolidated figures.
Valuation
P/B, 3-year average-0.05x
P/E, 5-year average17.27x
P/B, 5-year average1.09x
Profitability
Operating margin (excl. other income)-160.12%
Operating margin (incl. other income)-159.77%
EBITDA margin-200.49%
Pre-tax margin-1301.80%
Net profit margin-1496.83%
Net margin, latest quarter-38.07%
ROE50.22%
ROA-621.01%
ROE, 3-year average334.93%
ROCE, 3-year average-194.94%
ROA, 3-year average-273.96%
ROE, 5-year average206.46%
ROCE, 5-year average-54.51%
ROA, 5-year average-162.41%
Tax rate-14.78%
Other income / net worth-0.01%
Growth
Sales growth (latest year)-20.02%
Sales CAGR, 3 years-74.57%
Sales CAGR, 5 years-54.75%
Sales growth QoQ72.47%
Sales growth YoY (latest quarter)-28.31%
Per share
EPS (TTM)Rs -57.35
EPS (latest quarter)Rs -0.29
EPS, 3-year averageRs -69.62
EPS, 5-year averageRs -31.81
Book value per shareRs -144.43
Sales per shareRs 3.83
Cash flow per shareRs -0.10
Free cash flow per shareRs -0.04
Dividend per share, 5-year averageRs 0.10
Dividends
Dividend payout, 5-year average1.92%
Efficiency
Asset turnover0.90x
Fixed asset turnover1.09x
Inventory turnover55.57x
Inventory days7 days
Debtor days26 days
Debtors turnover13.78x
Creditor days231 days
Cash conversion cycle-198 days
Working capital days-10922 days
Leverage
Total debtRs 2,638 Cr
Cash and bankRs 3 Cr
Net debtRs 2,636 Cr
Debt to equity-0.76x
Interest coverage-0.20x
Owners' fund to total sources-2600.95%
Debt to assets1968.32%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 658 Cr
Statement figures
Net sales (TTM)Rs 92 Cr
Net sales (latest year)Rs 120 Cr
Sales (latest quarter)Rs 18 Cr
Operating profit excl. other income (latest year)Rs -193 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -185 Cr
PBDT (TTM)Rs -1,187 Cr
Profit before tax (TTM)Rs -1,204 Cr
Tax (latest year)Rs 180 Cr
Net profit (TTM)Rs -1,384 Cr
Net profit (latest year)Rs -1,400 Cr
Net profit (latest quarter)Rs -7 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 1,002 Cr
Cost of goods sold (latest year)Rs 92 Cr
Total expenditure (latest year)Rs 313 Cr
Total income (latest year)Rs 121 Cr
Share capitalRs 24 Cr
ReservesRs -3,510 Cr
Shareholders' fundsRs -3,486 Cr
Total assetsRs 134 Cr
Net blockRs 111 Cr
Capital work in progressRs 3 Cr
ReceivablesRs 9 Cr
InventoryRs 2 Cr
Other liabilitiesRs 982 Cr
Shares outstanding (crore)24.14
Ownership
Promoter holding24.01% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 3 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Debt up, profit down Borrowings up 33% while net profit fell in 2021 |
| look | Repeated losses Net loss in each of the last two 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
Sep 2021Sales ₹18 Cr -28.3% vs Sep 2020.
Net loss ₹7 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Hatsun Agro Product Ltd | 24,496 | 67.0 | 15.2 % |
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| Kwality Walls India Ltd | 9,633 | % | |
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| Vadilal Industries Ltd | 5,232 | 23.9 | 22.0 % |
| Heritage Foods Ltd | 3,721 | 29.3 | 14.8 % |
| Parag Milk Foods Ltd | 3,373 | 25.0 | 13.4 % |
| Vadilal Enterprises Ltd | 869 | 63.6 | 24.8 % |
| Sheetal Cool Products Ltd | 684 | 33.0 | 17.0 % |
| Milkfood Ltd | 213 | 4.70 | 22.5 % |
| Modern Dairies Ltd | 157 | 29.2 | 13.7 % |
| Virat Crane Industries Ltd | 69 | -8.08 % | |
| Dindigul Farm Product Ltd | 66 | 17.6 | 8.84 % |
| Healthy Life Agritec Ltd | 34 | 7.51 | 10.6 % |
| Tasty Dairy Specialities Ltd | 8 | -5.36 % |
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 Kwality Ltd?
Kwality Ltd (531882) has a market capitalisation of Rs 53.1 Cr. at the close.
What were Kwality Ltd's latest quarterly results?
In the Sep 2021 quarter, Kwality Ltd sales was Rs 18 Cr (-28.3% vs Sep 2020) with a net loss of Rs 7 Cr.