Kakatiya Cement Sugar & Industries Net Income jumped on 59.6% in 2015 while Revenue decreased on 3.9%
28-05-2015 • About Kakatiya Cement Sugar & Industries (
$KAKATCEM) • By InTwits
Kakatiya Cement Sugar & Industries reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts:
- Kakatiya Cement Sugar & Industries is a company in decline: FY2015 revenue growth was -3.9%, 5 years revenue CAGR was -3.0%
- EBITDA Margin is declining: in FY2015 vs. in FY2014 vs. 9.9% in FY2011
Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Kakatiya Cement Sugar & Industries ($KAKATCEM) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 1,008 | 1,691 | 1,843 | 2,005 | 1,927 | -3.9% |
| EBITDA | 100 | 333 | 290 | | | |
| Net Income | 39 | 205 | 161 | 88 | 141 | 59.6% |
Balance Sheet
|
|---|
| Cash | 124 | 47 | 159 | | | |
| Short Term Debt | 32 | 4 | 0 | | | |
| Long Term Debt | 4 | 0 | 0 | | | |
Cash flow
|
|---|
| Capex | 41 | 4 | 20 | | | |
Ratios
|
|---|
| Revenue growth | -55.2% | 67.8% | 9.0% | 8.8% | -3.9% | |
| EBITDA growth | -53.7% | 233.5% | -12.8% | | | |
| EBITDA Margin | 9.9% | 19.7% | 15.8% | 0.0% | 0.0% | 0.0% |
| Net Income Margin | 3.9% | 12.2% | 8.7% | 4.4% | 7.3% | 2.9% |
| CAPEX, % of revenue | 4.0% | 0.2% | 1.1% | | | 0.0% |
| ROIC | 1.6% | 17.4% | 13.3% | | | 0.0% |
| ROE | 2.9% | 14.3% | 10.1% | | | 0.0% |
| Net Debt/EBITDA | -0.9x | -0.1x | -0.5x | | | 0.0x |
Revenue and profitability
The company's Revenue decreased on 3.9% in FY2015.
Net Income marign increased on 2.9 pp from 4.4% to 7.3% in FY2015.
Management team
The company's CEO is P Radha. P Radha has 11 years tenure at the company.
Appendix 1: Peers in Cement & Cement Products
Below you can find Kakatiya Cement Sugar & Industries benchmarking vs. other companies in Cement & Cement Products industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Heidelbergcement India ($HEIDELBERG) | | -13.1% | 37.5% | 36.3% | 2.5% |
| Shree Digvijay Cement Co ($SHREDIGCEM) | -23.4% | 14.9% | -13.5% | 24.7% | |
| Indian Hume Pipe Co ($INDIANHUME) | | -20.3% | 34.5% | 18.3% | 22.7% |
| Birla Corporation ($BIRLACORPN) | | 6.2% | 13.8% | 15.9% | 6.4% |
| Ambuja Cements ($AMBUJACEM) | -23.0% | 14.3% | -6.5% | 9.0% | |
| |
|---|
| Median (15 companies) | -29.5% | 14.7% | 11.7% | -1.4% | 12.4% |
|---|
| Kakatiya Cement Sugar & Industries ($KAKATCEM) | | 67.8% | 9.0% | 8.8% | -3.9% |
Top companies by EBITDA margin, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Ambuja Cements ($AMBUJACEM) | 23.4% | 25.6% | 18.2% | 19.4% | |
| Heidelbergcement India ($HEIDELBERG) | 6.9% | 8.3% | 9.3% | 15.9% | 7.4% |
| Deccan Cements ($DECCANCE) | 19.2% | 22.8% | 13.2% | 14.7% | |
| Acc ($ACC) | 19.2% | 19.3% | 14.6% | 12.9% | |
| J.K.Cement ($JKCEMENT) | 13.3% | 20.3% | 19.2% | 12.7% | 13.4% |
| |
|---|
| Median (15 companies) | 13.3% | 16.2% | 13.2% | 11.7% | 9.6% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| J.K.Cement ($JKCEMENT) | 14.1% | 6.5% | 18.8% | 55.8% | 16.2% |
| Acc ($ACC) | 4.8% | 5.0% | 8.6% | 13.7% | |
| K.C.P ($KCP) | 28.2% | 8.6% | 9.9% | 12.6% | 5.2% |
| Visaka Industries ($VIKASAS) | 4.6% | 5.5% | 6.5% | 10.2% | 2.2% |
| Shree Digvijay Cement Co ($SHREDIGCEM) | 13.6% | 4.1% | 8.5% | 8.5% | |
| |
|---|
| Median (12 companies) | 9.0% | 6.5% | 7.8% | 6.9% | 4.2% |
|---|
Top companies by ROIC, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Indian Hume Pipe Co ($INDIANHUME) | 15.5% | 7.6% | 13.8% | 15.0% | 18.0% |
| Saurashtra Cement ($SAURASHCEM) | 4.3% | 38.6% | 42.7% | 13.9% | 26.9% |
| Ambuja Cements ($AMBUJACEM) | 17.0% | 19.4% | 11.2% | 13.0% | |
| Acc ($ACC) | 18.5% | 20.2% | 12.7% | 11.0% | |
| K.C.P ($KCP) | 14.9% | 17.6% | 6.7% | 7.1% | 9.3% |
| |
|---|
| Median (16 companies) | 10.2% | 13.7% | 8.2% | 6.4% | 8.3% |
|---|
| Kakatiya Cement Sugar & Industries ($KAKATCEM) | 1.6% | 17.4% | 13.3% | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Prism Cement ($PRISMCEM) | 3.4x | 4.8x | 6.0x | 10.0x | 6.0x |
| J.K.Cement ($JKCEMENT) | 4.5x | 2.3x | 2.3x | 6.9x | 5.8x |
| India Cements ($INDIACEM) | 4.8x | 3.2x | 3.5x | 5.5x | |
| Visaka Industries ($VIKASAS) | 1.3x | 1.3x | 2.2x | 3.8x | 2.7x |
| K.C.P ($KCP) | 2.6x | 1.1x | 3.0x | 3.6x | 2.3x |
| |
|---|
| Median (14 companies) | 2.9x | 2.1x | 2.9x | 3.1x | 2.7x |
|---|
