KRIDHAN INFRA LIMI chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 1.76
Dividend & YieldN/A₹ (N/A)
Beta 1.93
Market capitalization 469.16M
Operating cash flow N/A
ESG Scores unknown

Company description

Kridhan Infra Limited manufactures and sells ready to use steel products for the construction and infrastructure sectors in India and internationally. The company offers bridge expansion joints for asphalt and concrete connections; and rebar mechanical couplers. It also provides bored piling, driven piling, micro piling and soil improvement, and soil investigation services. The company was formerly known as Readymade Steel India Limited and changed its name to Kridhan Infra Limited in June 2014. Kridhan Infra Limited was incorporated in 2006 and is based in Mumbai, India.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio0.95
Working Capital11.91
Return On Equity-0.22
Debt To Equity0
Fixed Asset Ratio-0.53
Fixed Interest Cover-0.49

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities -278.23M 402.64M -23.6M -186M
Total Cashflows From Investing Activities -1.05B -316.04M 4.44M 16.66M
Net Borrowings 173M -235.73M 1.43M 12.86M
Total Cash From Financing Activities 2.18B -407.05M 23.03M -7.35M
Change To Operating Activities -1.14B 352.13M 10.16M 27.5M
Issuance Of Stock 2.13B
Net Income 371.61M -2.83B -250.22M -222.73M
Change In Cash 120.62M -264.46M -11.26M -1.39M
Effect Of Exchange Rate
Total Cash From Operating Activities -1B 458.62M -16.21M -10.7M
Depreciation 408.19M 369.5M 9.31M 9.77M
Change To Account Receivables -759.5M 1.79B -27.07M 148.53M
Other Cashflows From Financing Activities -109.44M -152.44M 21.61M -20.21M
Change To Netincome 282.13M 357M 232.8M 213.39M
Capital Expenditures -167.19M -471.97M -43.53M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 442.89M -2.87B -249.65M -221.85M
Net Income 371.61M -2.83B -250.22M -222.73M
Selling General Administrative 348.51M 375.33M 6.77M 2.8M
Gross Profit 1.66B 1.31B 9.28M 9.72M
Ebit 686.95M 353.15M -17.67M -9.58M
Operating Income 686.95M 353.15M -17.67M -9.58M
Interest Expense -121.5M -251.04M -20.73M -19.68M
Income Tax Expense 47.78M -5.49M 575k 883k
Total Revenue 7.12B 7.27B 190.29M 274.35M
Cost Of Revenue 5.46B 5.96B 181.02M 264.63M
Total Other Income ExpenseNet -244.06M -3.23B -231.98M -212.27M
Net Income From Continuing Ops 395.11M -2.87B -250.22M -222.73M
Net Income Applicable To Common Shares 371.61M -2.83B -250.22M -222.73M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 5.36B 5.48B 812.61M 640.68M
Total Stockholder Equity 5.65B 1.36B 1.23B 1.01B
Other Current Liabilities 117.42M 317.2M 56.9M 287.49M
Total Assets 11.21B 6.84B 2.05B 1.65B
Common Stock 189.56M 189.56M 189.56M 189.56M
Other Current Assets 750.93M 1.72B 157.82M 114.94M
Retained Earnings 2.81B -1.48B -1.61B -1.83B
Treasury Stock 60.62M 60.62M 60.62M 60.62M
Cash 417.4M 152.93M 7.33M 5.94M
Total Current Liabilities 4.17B 4.47B 547.91M 629.01M
Other Stockholder Equity 60.62M 60.62M 60.62M 60.62M
Property, Plant, and Equipment 1.99B 1.61B 269.81M 259.7M
Total Current Assets 6.28B 3.73B 853.61M 610.32M
Net Tangible Assets 4.13B 1.36B 1.23B 1.01B
Net Receivables 4.84B 1.71B 678.32M 478.1M
Accounts Payable 1.39B 2.05B 149.9M 89.58M


Insider Transactions

Here are the insider transactions of stock shares related to KRIDHAN INFRA LIMI:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Monetary Authority of SingaporeD2020-12-29Promoter6.09k
Government of SingaporeD2020-12-29Promoter3.83M
Agrawal (Anil Dhanpatlal)D2018-09-28Executive Chairman58k
Agrawal (Anil Dhanpatlal)D2017-07-12Executive Chairman3.12M
Kridhan Petrochemicals Pvt. Ltd.D2015-04-09Promoter3.77M
Agrawal (Anil Dhanpatlal)D2015-03-27Executive Chairman3M
Kridhan Petrochemicals Pvt. Ltd.D2015-03-07Promoter3.23M
Mittal (Pravin)D2014-09-15UNREPORTED1.32k
Mittal (Roshni)D2014-09-15UNREPORTED875
Mittal (Sandeep)D2014-09-15Director (Non-Executive)1.45k
Mittal (Sneha)D2014-09-15UNREPORTED1.05k
Mittal (Roshni)D2014-09-05UNREPORTED1.99k
Akansha Vanijya Pvt. Ltd.D2014-09-05Institution- Corporation5.2k
Akansha Vanijya Pvt. Ltd.D2014-09-05Institution- Corporation13.2k
Akansha Vanijya Pvt. Ltd.D2014-09-05Institution- Corporation5.2k
Akansha Vanijya Pvt. Ltd.D2014-09-05Institution- Corporation5k
Mittal (Sandeep)D2014-09-04Director (Non-Executive)1.4k
Mittal (Sneha)D2014-09-04UNREPORTED1.7k
Mittal (Pravin)D2014-09-04UNREPORTED1.7k
Akansha Vanijya Pvt. Ltd.D2014-09-03Institution- Corporation10k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to KRIDHAN INFRA LIMI. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on KRIDHAN INFRA LIMI

Here is the result of two systematic investment strategies applied to KRIDHAN INFRA LIMI. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on KRIDHAN INFRA LIMI

The following chart shows the equity curve of the two systematic investment strategies applied to KRIDHAN INFRA LIMI:

KRIDHAN INFRA LIMI automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 8.06% on the backtest period.

Performance at glance

Performance

8.06 %

Latent gain

200.8 ₹

Invested capital

2492.0 ₹

Annualized return

1.91 %
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Momentum strategy results on KRIDHAN INFRA LIMI

This is the result of two momentum investment strategies applied to KRIDHAN INFRA LIMI. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on KRIDHAN INFRA LIMI

The following chart shows all the entries opened by the momentum investment system on KRIDHAN INFRA LIMI:

KRIDHAN INFRA LIMI momentum entries
  • The first momentum investment strategy would give 15.44% of return on KRIDHAN INFRA LIMI. That represents 764.75₹ of latent gain with 4952.05₹ of employed capital.
  • The second momentum investment strategy would give 26.37% of return on KRIDHAN INFRA LIMI. That represents 656.0₹ of latent gain with 2488.0₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

15.44 %

Latent gain

764.75 ₹

Invested capital

4952.05 ₹

Annualized return

-0.92 %
Performance at glance (2Q Momentum)

Performance

26.37 %

Latent gain

656.0 ₹

Invested capital

2488.0 ₹

Annualized return

7.05 %

Momentum equity curve on KRIDHAN INFRA LIMI

The following chart shows the equity curve of the two momentum strategies applied to KRIDHAN INFRA LIMI:

KRIDHAN INFRA LIMI momentum equity

Note: the dividends potentially given by KRIDHAN INFRA LIMI are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on KRIDHAN INFRA LIMI

The following chart shows the employed capital evolution of the two momentum strategies on KRIDHAN INFRA LIMI since the beginning:

KRIDHAN INFRA LIMI

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on KRIDHAN INFRA LIMI

Buy the dip entry openings on KRIDHAN INFRA LIMI

KRIDHAN INFRA LIMI

The performance achieved by the robo-advisor on KRIDHAN INFRA LIMI is -2.04%. That represents -5.1$ of latent gain with 249.9₹ of employed capital. The following chart shows KRIDHAN INFRA LIMI stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of KRIDHAN INFRA LIMI, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-2.04 %

Latent gain

-5.1 ₹

Invested capital

249.9 ₹

Annualized return

-0.92 %

Equity curve of the strategy applied to KRIDHAN INFRA LIMI

The following chart shows the result of the investment strategy applied to KRIDHAN INFRA LIMI:

KRIDHAN INFRA LIMI

Note: the dividends potentially given by KRIDHAN INFRA LIMI are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on KRIDHAN INFRA LIMI

The following chart shows the employed capital evolution since the beginning of the investment strategy on KRIDHAN INFRA LIMI:

KRIDHAN INFRA LIMI

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on KRIDHAN INFRA LIMI

In this section, I will compare the three previous investment strategies applied to KRIDHAN INFRA LIMI.

Equity curve comparison on KRIDHAN INFRA LIMI

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

KRIDHAN INFRA LIMI investment strategy comparison

Employed capital comparison on KRIDHAN INFRA LIMI

KRIDHAN INFRA LIMI investment comparison

Performance comparison on KRIDHAN INFRA LIMI

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 8.06% 200.8₹ 2492.0₹ 1.91%
Momentum 1 quarter 15.44% 764.75₹ 4952.05₹ 3.88%
Momentum 2 quarters 26.37% 656.0₹ 2488.0₹ 7.05%
Non-directional -2.04% -5.1₹ 249.9₹ -0.92%
Annualized return comparison

Automatic investment

1.91 %

Momentum 1Q

7.05 %

Momentum 2Q

7.05 %

Non-directional

-0.92 %

Correlated stocks

Here are the most positively and negatively correlated stocks with KRIDHAN INFRA LIMI:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between KRIDHAN INFRA LIMI and the other stocks. There may be false positives or some missing correlated stocks. If the price of KRIDHAN INFRA LIMI does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name KRIDHAN INFRA LIMI
Country India
City Mumbai
Address Crystal Plaza Premises CHS LTD
Phone
Website www.kridhan.com
FullTime employees
Industry Steel
Sector Basic Materials
Exchange XNSE
Ticker KRIDHANINF.XNSE
Market

KRIDHAN INFRA LIMI ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown