Kesar Enterprises Ltd.
Snapshot View

99.00 +1.30 ▲1.3%

20 May 2022, 04:01:00 PM
Volume: 2,752

Overview View Details

Sector Agriculture Compare with Sector peers
Industry Sugar Compare with Industry peers
Website http://www.kesarindia.com
Market Cap 99.34 Cr.
Enterprise Value(EV) 123.25 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 81.91 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 1.20 Trailing Twelve Months Ending 2021-12
Industry PE 20.82 Trailing Twelve Months Ending 2021-12
Book Value / Share -136.92 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.72 Calculated using Price: 98.55
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.01 Cr. 10,079,682 Shares
FaceValue 10
Company Profile

The origin of Kesar Enterprises (KEL) can be traced back to over a hundred years ago, when Kilachand Devchand strode a confident path to Bombay from a distant village in Gujarat. Since then, he and his succeeding generations have pioneered the formation and rise of the Kilachand Group, one of the large houses for industry and trade in cotton and oilseeds. They have, in tune with the needs of a growing nation, included shipping, aircraft, banking, automobiles, marketing, insurance, thermoplastics, synthetic rubber and textiles in an ever widening sphere of industry.

Established in the year 1933, Kesar Enterprises(KEL) is presently engaged in a wide galaxy of diversified activities. It grew as a member of the Kilachand group in the year 1933 and thereafter, the story has been of one steady growth.

A strong sense of commitment and adherence to business ethics has helped KEL to succeed in bringing to life a larger picture and to ‘Go Beyond’ in all its ventures. 'Go Beyond' would mean KEL's pursuit to adopt environment friendly technologies, conserve nature, curb pollution and serve our customers better. Apart from providing livelihood for scores of people, KEL concentrates its efforts towards accomplishing socio-economic objectives.

Business area of the company includes:

Currently, KEL has evolved into one of the leading industrial houses in Uttar Pradesh, North India. It is engaged in the manufacture, marketing & sale of a wide-range of products, that can be broadly divided into the following two groups :

  • Sugar, Bio-Products & Chemicals – Sugar, Alcohol, Alcoholic Beverages, Agri-products.
  • Distribution & Storage of Bulk Liquid Cargo at Kandla & port related activities.

Different divisions of the company:

  • Sugar Division The large-scale sugar production enables a value addition of its by-products. Keeping this in view, KEL has enhanced its production & invested in value addition. Considering that the infrastructure and technology are already available at KEL, it would enable KEL to move ahead confidently into forward integrated areas.
  • Spirits DivisionIn 1949, the company installed a distillery at Baheri to effectively utilize molasses, a by-product generated by the sugar factory. The plant imported from ACME, USA had a capacity of (11000) litres per day. This helped the company to substantially improve its profitability as its by-product was converted to a value added product instead of causing pollution by being wastefully drained.
  • Storage Division KEL also prides itself on the modern storage facilities it owns at Kandla port. The storage division, which started off in 1960 with a modest beginning of 2 tanks have now grown to a total of 64 tanks in 2 terminals totaling a storage capacity of 127000 Kilo Litres. There are special tanks for storage of products requiring heating and insulation, stainless steel tanks / coated tanks for products that cannot be stored in conventional mild steel tanks. These facilities are offered to importers and exporters for storage and handling of various bulk liquid cargoes such as chemicals, petroleum products, edible oil, non-edible oils, alcohols, etc. The storage business has given the right thrust and impetus to the KEL's growth and has potential for further development.
  • Agrotech Division KEL controls agricultural land at Khurpia village. Earlier they were growing traditional crops such as sugarcane, wheat and paddy. They have also started the cultivation of strawberry, gladiolus, tube roses, marigold & other high value crops and organic farming. Besides the above, KEL has started production, processing and marketing of seeds of various cereal crops.
  • Seeds Division KEL produces Open Pollinated and Hybrid Seeds under its brand name viz. Kesar Seeds. Kesar Seeds are known in market for its high quality, which is ensured through stringent quality checks carried out during production, storage, processing and packaging of seeds.

Subsidiary:

Kesar Terminals & Infrastructure Limited-Kesar Terminals & Infrastructure Limited (KTIL) a wholly-owned subsidiary of KEL was formed on January 21, 2008. KEL holds the entire 5,00,000 equity shares of Rs 10 each aggregating to Rs. 50,00,000/- of KTIL.KTIL is yet to start its operations.

Achievements/ recognition:

  • The spirits division has dedicated primary, secondary & tertiary rffluent treatment plants to treat the effluent and maintain the desired norms of BOD & COD as required by the UP Pollution Control Board.

Future plan:

KEL is exploring opportunities for putting up additional storage terminals at other ports & also examining putting up other port based facilities such as Container Freight Station, Inland Container Depots at different locations. KEL has been allotted 10 acres of land at Kakinada port in Andhra Pradesh for such purpose.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.33%
1 Week
+4.27%
1 Month
-4.30%
3 Month
+0.46%
6 Month
+16.54%
1 Year
+43.58%
2 Year
+340.98%
5 Year
+67.65%
10 Year
+173.86%
9 years 2012-06 2013-06 2014-12 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -90.76 -211.83
Return on Capital Employed (%) -1.14 4.94 -19.07 -3.66 53.59
Return on Assets (%) -3.94 -2.18 -17.36 -9.41 1.07 -7.78 -6.42 0.36 14.27

Balance Sheet View Details

Particulars 10 years 2012-06 Rs. Cr. 2013-06 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 245 231 104 51 157 103 56 53 134 106
Non Curr. Liab. 140 137 137 127 27 15 12 57 41 29
Curr. Liab. 342 436 338 374 416 482 585 521 454 376
Minority Int.
Equity & Liab. 728 804 579 552 600 601 653 631 628 512
Non Curr. Assets 498 500 457 432 511 486 475 476 465 470
Curr. Assets 230 304 123 120 89 116 178 155 163 42
Misc. Exp. not W/O
Total Assets 728 804 579 552 600 601 653 631 628 512

Profit Loss View Details

Particulars 10 years 2012-06 Rs. Cr. 2013-06 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 286 338 438 318 373 313 403 518 547 487
Other Income 1 2 2 1 2 1 2 3 107 105
Total Income 287 340 440 320 375 315 405 521 655 592
Total Expenditure -272 -306 -480 -301 -309 -300 -381 -475 -519 -462
PBIDT 15 34 -39 19 66 15 24 45 136 130
Interest -19 -36 -57 -42 -41 -43 -45 -25 -27 -28
Depreciation -6 -15 -24 -26 -19 -18 -19 -18 -19 -19
Taxation 2 -4 0
Exceptional Items -13
PAT -20 -17 -120 -53 6 -47 -40 2 90 83
Adjusted EPS -29 -19 -120 -53 6 -46 -40 2 89 82

Cash Flow View Details

Particulars 10 years 2011-06 Rs. Cr. 2012-06 Rs. Cr. 2013-06 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 102 33 -22 138 66 20 18 31 79 63
Cash Fr. Inv. -32 -157 -26 2 -1 2 -1 -16 -19 -22
Cash Fr. Finan. -75 125 55 -148 -61 -27 -15 -15 -52 -25
Net Change -4 0 7 -7 4 -5 1 0 8 16
Cash & Cash Eqvt 2 2 9 2 6 1 2 2 9 25

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 70.47 70.47 70.47 70.57 70.57 70.57 70.57 70.57 70.98
Public 29.53 29.53 29.53 29.43 29.43 29.43 29.43 29.43 29.02
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 16 May 2022
Announcement Under Reg.30 (LODR) - Updates
This is to inform you that the Company has closed its Crushing Operations for the Sugar Season 2021-22 at its Sugar Factory located at Baheri Uttar Pradesh. We further inform you that the operations of Cogen Division of the Company for the season 2021-22 have been shut down on 15.05.2022.
Thu, 28 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayKESAR ENTERPRISES LTD.-
2CINL24116MH1933PLC001996
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 118.67
4Highest Credit Rating during the previous FY D
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: GAURAV SHARMA
Designation: COMPANY SECRETARY AND GENERAL MANAGER LEGAL
EmailId: gauravsharma@kesarindia.com
Name of the Chief Financial Officer: ROHIT BALU
Designation: CHIEF FINANCIAL OFFICER
EmailId: rohitbalu@kesarindia.com

Date: 28/04/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Wed, 27 Apr 2022
Certificate Pursuant To Regulation 40(9) Of SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015.
Pursuant to Regulation 40(9) of SEBI (Listing Obligations and Disclosures Requirements) Regulations 201 5 we are enclosing herewith a copy of the certificate received by us from M/s. Ragini Chokshi & Co. Practicing Company Secretary Mumbai for the year ended on 31st March 2022.

Technical Scans View Details

Fri, 20 May 2022
Opening at High Opening at High
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years
Thu, 19 May 2022
Closing Below Previous Low Closing Below Previous Low
High Decrease 1 Month High Decrease 1 Month

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