Kesoram Industries Analysis

dividend

Pros

Cons

• Unable to calculate sustainability of dividends as Kesoram Industries has not reported any payouts.
• Unable to evaluate Kesoram Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Kesoram Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Whilst loss making Kesoram Industries has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -13.4% per year.
• Whilst loss making Kesoram Industries has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
• Debt is well covered by operating cash flow (34.6%, greater than 20% of total debt).

Cons

• Kesoram Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
• Kesoram Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
• Kesoram Industries's long term commitments exceed its cash and other short term assets.
• Irrelevant to check if Kesoram Industries's debt level has increased considering it has negative shareholder equity.
• Kesoram Industries is making a loss, therefore interest payments are not well covered by earnings.
• Kesoram Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
• High level of physical assets or inventory.

management

Pros

• Kamal's remuneration is lower than average for companies of similar size in India.
• Kamal's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

• The average tenure for the Kesoram Industries board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• Kesoram Industries is not covered by any analysts.
• Kesoram Industries has significant price volatility in the past 3 months.

past

Pros

Cons

• Unable to compare Kesoram Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
• Kesoram Industries does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
• Kesoram Industries used its assets less efficiently than the IN Basic Materials industry average last year based on Return on Assets.
• It is difficult to establish if Kesoram Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• It is difficult to establish if Kesoram Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
• Unable to compare Kesoram Industries's 1-year growth to the IN Basic Materials industry average as it is not currently profitable.

value

Pros

• Kesoram Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Kesoram Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
• NSEI:KESORAMIND is up 27.3% outperforming the Basic Materials industry which returned 9.2% over the past month.
• NSEI:KESORAMIND is up 27.3% outperforming the market in India which returned 8% over the past month.

Cons

• Kesoram Industries has negative assets, we can't compare the value of its assets to the IN Basic Materials industry average.
• Kesoram Industries is loss making, we can't compare its value to the IN Basic Materials industry average.
• Kesoram Industries is loss making, we can't compare the value of its earnings to the India market.
• KESORAMIND underperformed the Basic Materials industry which returned -15.5% over the past year.
• KESORAMIND underperformed the Market in India which returned -14.5% over the past year.