Kataria Industries Limited IPO
The company, established in 2004, specializes in the manufacturing and supply of Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System, HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminium Conductors. These products serve a diverse range of sectors, including infrastructure, roads, bridges, flyovers, metros, railways, high-rise buildings, atomic reactors, LNG tanks, and power transmission and distribution lines.
Global Reach
From FY 2020-21 to FY 2022-23 and the nine-month period from April 2023 to December 2023, they have expanded their market presence, selling their products in India and several international markets, including Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.
Strategic Divestments and Acquisitions
To focus on their core business, they transferred their Plastic and Wind Mill Divisions in 2013 to Kataria Plastics Private Limited and Shree Hanuman Mining Corporation Private Limited, respectively, following a Scheme of Arrangement and Demerger approved by the Madhya Pradesh High Court.
In 2022-23, they acquired a 0.80 MW wind farm in Karnawad, Dewas, Madhya Pradesh, for captive electricity consumption at their Ratlam plant. This acquisition was formalized through a Supplementary Power Purchase and Wheeling Agreement executed on October 18, 2022.
Diversification into Real Estate
To diversify their income streams, they have invested in real estate, generating steady income through property rentals. In 2023, they acquired two commercial properties in Surat and Vadodara, Gujarat, further enhancing their asset portfolio.
Conclusion
Their company stands as a robust and dynamic player in the manufacturing and supply of critical construction and infrastructure materials. With a strong commitment to quality, technological advancement, and strategic growth, they are well-positioned for continued success and expansion in both domestic and international markets.
Objects of the Kataria Industries Limited IPO:
Kataria Industries Limited IPO Details:
Open Date: | Jul 16 2024 |
Close Date: | Jul 19 2024 |
Total Shares: | 5,685,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 54.58 Cr. |
Lot Size: | 1200 Shares |
Issue Price: | ₹ 91 - 96 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Jul 24 2024 |
Promoters And Management:
Financials of Kataria Industries Limited IPO:
Particulars ( In Lakhs ) |
2022 |
2023 |
2024 |
Revenue from Operations | 24,963 | 33,183 | 33,913 |
Other Income | 86 | 210 | 236 |
Total Revenue | 25,049 | 33,393 | 34,149 |
Cost of materials consumed | 20,119 | 28,060 | 27,110 |
Cost of Traded Goods | 124 | 47 | 1,113 |
Changes in inventories | -104 | -70 | -309 |
Employees Benefit Expenses | 495 | 551 | 750 |
Other Expenses | 2,222 | 2,597 | 2,543 |
EBITDA | 2,192 | 2,208 | 2,942 |
OPM (%) | 8.75% | 6.61% | 8.61% |
Depreciation & Amortisation | 360 | 400 | 566 |
EBIT | 1,833 | 1,808 | 2,376 |
Finance Cost | 767 | 980 | 885 |
PBT | 1066 | 828 | 1490 |
Tax | -327 | -50 | -488 |
PAT | 738 | 778 | 1002 |
NPM (%) | 2.95% | 2.33% | 2.93% |
No.of Shares | 215.31 | 215.31 | 215.31 |
EPS | 3.42 | 3.61 | 4.65 |
Comparison With Peers:
Name of the Company | Revenue (In Crore) | PAT (In Crore) | EPS ( in Rs) | P/E | CMP | Mcap (In Crore) |
Kataria Industries Limited | 339 | 10 | 4.65 | 20.6 | 96 | 207 |
Kamdhenu Limited | 725 | 50 | 18.64 | 29.1 | 543 | 1,461 |
Incredible Industries Limited | 818 | 6 | 1.28 | 33.7 | 43 | 201 |
Bharat Wire Ropes Limited | 622 | 96 | 14.16 | 17.6 | 248 | 1,698 |
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