Price
Financials
Standalone, Rs crore| Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 72.31 | 101.17 | 47.95 | 65.39 | 80.93 | 118.45 | 73.71 | 82.76 | 90.62 | 125.76 | 67.67 | 128.36 |
| Expenses | 72.47 | 93.85 | 45.02 | 57.82 | 75.47 | 130.26 | 67.44 | 82.12 | 80.50 | 108.79 | 64.15 | 118.75 |
| Operating Profit | -0.16 | 7.32 | 2.93 | 7.57 | 5.46 | -11.81 | 6.27 | 0.64 | 10.12 | 16.97 | 3.52 | 9.61 |
| OPM % | -0.22% | 7.24% | 6.11% | 11.58% | 6.75% | -9.97% | 8.51% | 0.77% | 11.17% | 13.49% | 5.20% | 7.49% |
| Other Income | 1.09 | 2.65 | 0.49 | 1.96 | 0.76 | 3.97 | 0.27 | 0.35 | 0.60 | 2.74 | 0.48 | 1.04 |
| Interest | 5.76 | 0.72 | 4.50 | 6.64 | 5.43 | 7.14 | 7.62 | 8.57 | 9.26 | 9.15 | 9.05 | 8.89 |
| Depreciation | 0.23 | 0.70 | 0.46 | 0.55 | 0.56 | 0.24 | 0.49 | 0.53 | 0.52 | 0.54 | 0.55 | 0.61 |
| Profit before tax | -5.06 | 8.55 | -1.54 | 2.34 | 0.23 | -15.22 | -1.57 | -8.11 | 0.94 | 10.02 | -5.60 | 1.15 |
| Tax % | 0.00% | -47.84% | 0.00% | 0.00% | 0.00% | -29.24% | -1.27% | 0.25% | 0.00% | 2.59% | 0.00% | 0.00% |
| Net Profit | -5.06 | 12.65 | -1.53 | 2.34 | 0.23 | -10.77 | -1.55 | -8.14 | 0.94 | 9.76 | -5.59 | 1.15 |
| EPS in Rs | -3.07 | 7.67 | -0.93 | 1.42 | 0.14 | -6.53 | -0.94 | -4.93 | 0.57 | 5.92 | -3.39 | 0.70 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 90 | 188 | 246 | 281 | 162 | 230 | 244 | 257 | 254 | 309 | 372 | 412 |
| Expenses | 81 | 167 | 221 | 254 | 145 | 208 | 219 | 228 | 251 | 292 | 339 | 372 |
| Operating Profit | 10 | 21 | 25 | 28 | 18 | 22 | 26 | 30 | 3 | 16 | 33 | 40 |
| OPM % | 11% | 11% | 10% | 10% | 11% | 10% | 10% | 12% | 1.0% | 5% | 9% | 10% |
| Other Income | -0 | 0 | 2 | 1 | 4 | 3 | 3 | 3 | 6 | -5 | 5 | 5 |
| Interest | 3 | 6 | 6 | 11 | 11 | 11 | 15 | 19 | 18 | 24 | 35 | 36 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 6 | 15 | 21 | 16 | 9 | 12 | 11 | 12 | -11 | -14 | 1 | 7 |
| Tax % | 40% | 35% | 33% | 35% | 36% | 44% | 33% | 34% | -37% | -31% | 23% | |
| Net Profit | 4 | 9 | 14 | 10 | 5 | 7 | 8 | 8 | -7 | -10 | 1 | 6 |
| EPS in Rs | 8.99 | 13.29 | 9.32 | 4.49 | 5.64 | 6.19 | 6.52 | -4.31 | -5.90 | 0.52 | 3.80 | |
| Dividend Payout % | 14% | 11% | 8% | 0% | 0% | 18% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 15% | 10% | 13% | 16% | ||
| Compounded Profit Growth | -14% | -34% | -53% | 128% | ||
| Stock Price CAGR | -1% | % | % | % | ||
| Return on Equity | 5% | 2% | 0% | 1% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 10 | 11 | 11 | 12 | 12 | 12 | 12 | 17 | 17 | 17 |
| Reserves | 13 | 59 | 75 | 92 | 114 | 123 | 132 | 140 | 156 | 146 | 92 |
| Borrowings | 41 | 54 | 76 | 82 | 66 | 57 | 90 | 109 | 101 | 180 | 256 |
| Other Liabilities | 11 | 41 | 48 | 38 | 34 | 57 | 47 | 52 | 80 | 105 | 112 |
| Total Liabilities | 70 | 165 | 210 | 223 | 227 | 248 | 281 | 313 | 353 | 448 | 477 |
| Fixed Assets | 6 | 7 | 17 | 17 | 16 | 16 | 19 | 18 | 16 | 15 | 15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 65 | 158 | 193 | 206 | 210 | 232 | 262 | 295 | 337 | 432 | 462 |
| Total Assets | 70 | 165 | 210 | 223 | 227 | 248 | 281 | 313 | 353 | 448 | 477 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -24 | -6 | -34 | -0 | 3 | 17 | -14 | -3 | -4 | -60 | -47 |
| Cash from Investing Activity | -3 | -6 | -15 | -1 | -1 | -1 | -3 | -9 | 3 | 4 | 4 |
| Cash from Financing Activity | 29 | 55 | 24 | 5 | -8 | -14 | 21 | 5 | 7 | 56 | 43 |
| Net Cash Flow | 3 | 43 | -25 | 4 | -6 | 2 | 5 | -7 | 7 | -1 | -0 |
| Free Cash Flow | -25 | -7 | -45 | -2 | 2 | 15 | -18 | -5 | -4 | -61 | -49 |
| CFO/OP | -223% | -3% | -108% | 19% | 33% | 95% | -39% | 3% | 266% | -343% | -132% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99 | 79 | 51 | 63 | 120 | 84 | 141 | 137 | 230 | 289 | 212 |
| Inventory Days | 152 | 189 | 267 | 275 | 465 | 267 | 170 | 299 | 120 | 62 | 29 |
| Days Payable | 23 | 25 | 54 | 54 | 100 | 124 | 84 | 60 | 104 | 127 | 117 |
| Cash Conversion Cycle | 227 | 243 | 263 | 283 | 485 | 227 | 227 | 376 | 246 | 225 | 124 |
| Working Capital Days | 188 | 129 | 178 | 181 | 340 | 234 | 271 | 292 | 233 | 272 | 239 |
| ROCE % | 22% | 19% | 16% | 11% | 12% | 13% | 13% | 3% | 8% | 10% |
| Jun 2016 | Sep 2016 | Dec 2016 | |
|---|---|---|---|
| Promoters | 42.87% | 42.87% | 42.87% |
| FIIs | 2.01% | 2.01% | 0.19% |
| DIIs | 0.12% | 0.13% | 0.13% |
| Public | 55.00% | 55.00% | 56.81% |
| No. of Shareholders | 29,770 | 29,594 | 30,406 |
Fundamentals
Market Cap₹ 170 Cr.
Current Price₹ 103
Stock P/E30.8
Book Value₹ 63.2
ROCE10.1 %
ROE0.63 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)128%
Standalone figures.
Valuation
Market capRs 170 Cr
Enterprise valueRs 390 Cr
P/E (TTM)27.08x
Price to book1.56x
Price to sales0.41x
EV / EBITDA8.65x
EV / EBIT9.09x
EV / sales0.95x
Earnings yield3.69%
P/E, 3-year average196.94x
P/B, 3-year average1.13x
P/E, 5-year average72.03x
P/B, 5-year average0.88x
Profitability
Operating margin (excl. other income)8.89%
Operating margin (incl. other income)10.16%
EBITDA margin10.93%
Pre-tax margin1.58%
Net profit margin1.52%
Net margin, latest quarter0.90%
ROE0.63%
ROCE10.10%
ROA0.19%
ROE, 3-year average-3.19%
ROCE, 3-year average5.27%
ROA, 3-year average-1.46%
ROE, 5-year average0.28%
ROCE, 5-year average8.17%
ROA, 5-year average0.25%
ROIC (approx.)10.01%
Tax rate23.21%
Other income / net worth4.36%
Growth
Sales growth (latest year)20.66%
Sales CAGR, 3 years13.11%
Sales CAGR, 5 years10.14%
Profit CAGR, 3 years-52.63%
Profit CAGR, 5 years-34.02%
Sales growth QoQ89.69%
Sales growth YoY (latest quarter)55.10%
Per share
EPS (TTM)Rs 3.79
EPS (latest year)Rs 0.52
EPS (latest quarter)Rs 0.70
EPS, 3-year averageRs -3.23
EPS, 5-year averageRs 0.61
Book value per shareRs 65.77
Sales per shareRs 249.83
Cash flow per shareRs -28.57
Free cash flow per shareRs -29.68
Efficiency
Asset turnover0.78x
Fixed asset turnover24.70x
Inventory turnover19.81x
Inventory days18 days
Debtor days212 days
Debtors turnover1.72x
Creditor days117 days
Cash conversion cycle124 days
Working capital days239 days
Leverage
Total debtRs 256 Cr
Cash and bankRs 36 Cr
Net debtRs 220 Cr
Debt to equity2.36x
Net debt / EBITDA4.89x
Interest coverage1.18x
Owners' fund to total sources22.77%
Debt to assets53.72%
Cash flow
Cash from Operating Activity (latest year)Rs -47 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Cash from Financing Activity (latest year)Rs 43 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -49 Cr
FCFE (approx.: FCF + change in debt)Rs 27 Cr
Statement figures
Net sales (TTM)Rs 412 Cr
Net sales (latest year)Rs 372 Cr
Sales (latest quarter)Rs 128 Cr
Operating profit excl. other income (latest year)Rs 33 Cr
Operating profit (latest quarter)Rs 10 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 45 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 7 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 36 Cr
Cost of goods sold (latest year)Rs 304 Cr
Total expenditure (latest year)Rs 339 Cr
Total income (latest year)Rs 377 Cr
Share capitalRs 17 Cr
ReservesRs 92 Cr
Shareholders' fundsRs 109 Cr
Total assetsRs 477 Cr
Net blockRs 15 Cr
ReceivablesRs 216 Cr
InventoryRs 15 Cr
Other liabilitiesRs 112 Cr
Shares outstanding (crore)1.65
Ownership
Promoter holding42.87%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | KALINDEE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.5% | -2.8% | -4.7 pts |
| 1 month | -13.7% | -6.8% | -6.9 pts |
| 3 months | -5.5% | -7.6% | +2.1 pts |
| 6 months | -3.1% | +0.4% | -3.5 pts |
| 1 year | -26.8% | -9.9% | -16.9 pts |
| 2 years | -29.6% | -13.6% | -16.1 pts |
| 3 years | +53.2% | +14.2% | +39.0 pts |
| 5 years | -12.9% | +27.9% | -40.8 pts |
Red flags
F-score 5 of 8| explain | High accruals Profit exceeded operating cash by 10% of total assets in 2016 |
| explain | Share dilution Share count up 0% in a year, 33% in three |
| explain | Low interest cover Interest cover 1.0x in 2016 |
| look | Profit leans on other income Other income was 422% of pre-tax profit in 2016 |
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 2016Sales ₹128 Cr +55.1% vs Sep 2015.
Net profit ₹1 Cr +114.1%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2016-09-22 | Annual General Meeting | |
| 2015-09-22 | Annual General Meeting | |
| 2014-11-10 | Annual General Meeting | |
| 2013-09-25 | Annual General Meeting | |
| 2012-09-24 | Annual General Meeting | |
| 2011-09-26 | Annual General Meeting And Dividend Re.1/- Per Share | |
| 2010-09-24 | Annual General Meeting | |
| 2009-09-24 | Annual General Meeting | |
| 2008-09-22 | Agm/Dividend - 10% | |
| 2007-09-20 | Agm/Dividend-10% |
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 Kalindee Rail Nirman (Engineers) Ltd(Merged)?
Kalindee Rail Nirman (Engineers) Ltd(Merged) (KALINDEE) has a market capitalisation of Rs 170 Cr. at the 2017-02-08 close.
What is the P/E ratio of Kalindee Rail Nirman (Engineers) Ltd(Merged)?
Kalindee Rail Nirman (Engineers) Ltd(Merged) trades at a P/E of 30.8 on trailing twelve-month profit, at the 2017-02-08 close.
What were Kalindee Rail Nirman (Engineers) Ltd(Merged)'s latest quarterly results?
In the Sep 2016 quarter, Kalindee Rail Nirman (Engineers) Ltd(Merged) sales was Rs 128 Cr (+55.1% vs Sep 2015) and net profit was Rs 1 Cr.