Financials KEI Industries Limited

Equities

KEI

INE878B01027

Electrical Components & Equipment

Market Closed - Bombay S.E. 06:00:50 2024-04-26 EDT 5-day change 1st Jan Change
3,898 INR -0.48% Intraday chart for KEI Industries Limited +3.64% +19.84%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 33,591 21,287 46,967 113,929 153,282 351,775 - -
Enterprise Value (EV) 1 33,591 21,287 47,605 113,643 149,263 349,420 348,078 345,054
P/E ratio 18.6 x 8.62 x 17.3 x 30.4 x 32.1 x 59.7 x 48 x 39.1 x
Yield 0.28% 0.56% 0.38% 0.2% 0.18% 0.1% 0.13% 0.13%
Capitalization / Revenue 0.79 x 0.44 x 1.12 x 1.99 x 2.22 x 4.32 x 3.66 x 3.09 x
EV / Revenue 0.79 x 0.44 x 1.14 x 1.98 x 2.16 x 4.29 x 3.62 x 3.03 x
EV / EBITDA 7.6 x 4.29 x 10.3 x 19.3 x 21.1 x 40.9 x 32.9 x 26.9 x
EV / FCF 6.71 x -22.7 x 36.6 x 67.3 x 35.9 x -676 x 1,396 x 120 x
FCF Yield 14.9% -4.4% 2.73% 1.49% 2.79% -0.15% 0.07% 0.83%
Price to Book 4.31 x 1.44 x 2.66 x 5.34 x 5.92 x 11.1 x 9.11 x 7.4 x
Nbr of stocks (in thousands) 78,925 79,504 89,855 90,105 90,192 90,241 - -
Reference price 2 425.6 267.8 522.7 1,264 1,700 3,898 3,898 3,898
Announcement Date 19-05-21 20-05-30 21-05-29 22-05-09 23-05-02 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 42,270 48,843 41,815 57,266 69,123 81,424 96,199 113,951
EBITDA 1 4,422 4,960 4,605 5,887 7,062 8,553 10,588 12,846
EBIT 1 4,083 4,393 4,027 5,332 6,491 7,996 9,778 11,954
Operating Margin 9.66% 9% 9.63% 9.31% 9.39% 9.82% 10.16% 10.49%
Earnings before Tax (EBT) 1 2,793 3,267 3,654 5,077 6,420 7,926 9,836 12,090
Net income 1 1,819 2,551 2,733 3,762 4,774 5,899 7,338 9,072
Net margin 4.3% 5.22% 6.54% 6.57% 6.91% 7.25% 7.63% 7.96%
EPS 2 22.88 31.05 30.17 41.59 52.87 65.31 81.17 99.75
Free Cash Flow 1 5,003 -936.3 1,299 1,689 4,160 -517.2 249.4 2,873
FCF margin 11.84% -1.92% 3.11% 2.95% 6.02% -0.64% 0.26% 2.52%
FCF Conversion (EBITDA) 113.13% - 28.21% 28.69% 58.9% - 2.36% 22.37%
FCF Conversion (Net income) 275.08% - 47.53% 44.9% 87.14% - 3.4% 31.67%
Dividend per Share 2 1.200 1.500 2.000 2.500 3.000 4.020 4.882 5.230
Announcement Date 19-05-21 20-05-30 21-05-29 22-05-09 23-05-02 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 11,529 12,463 10,176 13,534 15,638 17,917 15,654 16,081 17,843 19,545 17,826 18,586 20,806 22,835
EBITDA 1 - 1,336 1,416 1,137 1,462 1,568 1,719 1,596 1,606 1,822 2,038 1,783 1,944 2,203 2,412
EBIT - - - - - 1,431 1,580 1,457 1,461 1,678 - - 1,902 2,010 2,265
Operating Margin - - - - - 9.15% 8.82% 9.31% 9.09% 9.4% - - 10.23% 9.66% 9.92%
Earnings before Tax (EBT) 1 - - - - 1,249 1,358 1,558 1,401 1,438 1,738 1,845 1,630 1,892 1,927 2,256
Net income 1 - 796 892.6 671.1 919.8 1,012 1,159 1,038 1,069 1,286 1,381 1,214 1,323 1,522 1,711
Net margin - 6.9% 7.16% 6.6% 6.8% 6.47% 6.47% 6.63% 6.65% 7.21% 7.07% 6.81% 7.12% 7.31% 7.49%
EPS 2 11.49 8.760 9.850 7.410 10.17 11.19 12.81 11.47 11.85 14.23 15.28 13.43 14.00 16.76 18.70
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 20-11-02 21-01-28 21-05-29 21-07-31 21-10-27 22-01-27 22-05-09 22-07-26 22-10-20 23-01-23 23-05-02 23-07-31 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 637 - - - - -
Net Cash position 1 - - - 287 4,019 2,354 3,697 6,720
Leverage (Debt/EBITDA) - - 0.1384 x - - - - -
Free Cash Flow 1 5,003 -936 1,299 1,689 4,160 -517 249 2,873
ROE (net income / shareholders' equity) 26.3% 22.3% 16.6% 19.2% 20.2% 20.3% 20.7% 20.9%
ROA (Net income/ Total Assets) 7.3% 8.46% 8.7% 11.5% - 14.9% 15.5% 16.5%
Assets 1 24,905 30,168 31,415 32,676 - 39,593 47,339 54,981
Book Value Per Share 2 98.70 186.0 196.0 237.0 287.0 350.0 428.0 527.0
Cash Flow per Share 2 - - - 17.00 56.90 39.30 54.90 68.70
Capex 1 1,223 805 240 597 979 4,098 3,539 2,893
Capex / Sales 2.89% 1.65% 0.57% 1.04% 1.42% 5.03% 3.68% 2.54%
Announcement Date 19-05-21 20-05-30 21-05-29 22-05-09 23-05-02 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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