Shares of KDDL Ltd (NSE: KDDL), a small-cap company in the business of gems, jewellery, and watches, saw a rise of 1.11% on BSE on Thursday.
The increase in the share price came following the announcement that the board of directors had considered and approved an interim dividend amounting to Rs 58 (ie 580% percent) for each equity share, for the fiscal year 2023-24.
KDDL shares have increased by 160% in the last one-year period. If we look at the last six months, during this period the shares of the company increased by 188 percent.
Company Set Record Date For Interim Dividends On January 26th, 2024
“Please be informed that the Board of Directors of KDDL Limited (the “Company”) at its meeting held on Thursday, January 18, 2024, has approved a share capital of Rs 58 (i.e. Rs 580%) per equity share interim dividend that was considered and declared for the financial year 2023-24″
According To KDDL’s BSE Filing On January 13
“This is to inform you that by Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the payment of interim dividend for the financial year 2023-24, KDDL Limited said in a BSE filing.
“The “record date” to ascertain the eligibility of shareholders will be Friday, January 26, 2024, if declared by the Board.”
The 52-week high of KDDL Limited stock is Rs 3,110.00 and the 52-week low is Rs 984.65. The company’s market capitalization is 3,548.74 crore.
About KDDL
KDDL, founded in 1981 is an engineering company based in India. The Company manufactures watch dials, watch hands, and precision engineering components.
The segments of the company include Watches and Accessories, Marketing Support and Other Services, Luxury Cars, and Others.
The Marketing Support and Other Services segment offers information technology-based business solutions. The Others segment manufactures and distributes packaging boxes.
Ethos Limited, a subsidiary of the Company, manages the retail chain for luxury Swiss watches within the organized sector. The company has manufacturing facilities in Pawanoo, Derabassi and Bangalore.
Fundamental Analysis of KDDL
| Market Cap | ₹ 3,462 Cr. |
| Current Price | ₹ 2,757 |
| 52-wk High | ₹ 3,120 |
| 52-wk Low | ₹ 976 |
| Stock P/E | 38.4 |
| Book Value | ₹ 402 |
| Dividend | 0.15 % |
| ROCE | 18.1 % |
| ROE | 15.1 % |
| Face Value | ₹ 10.0 |
| P/B Value | 6.86 |
| OPM | 17.1 % |
| EPS | ₹ 71.7 |
| Debt | ₹ 253 Cr. |
| Debt to Equity | 0.50 |
KDDL Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹2800 | ₹3200 |
| 2025 | ₹3400 | ₹3658 |
| 2026 | ₹4000 | ₹4500 |
| 2027 | ₹4700 | ₹5200 |
| 2028 | ₹6000 | ₹6300 |
| 2029 | ₹6400 | ₹7240 |
| 2030 | ₹8000 | ₹8600 |
KDDL Shareholding Pattern
| Promoters Holding | |
| Sept 2022 | 49.07% |
| Dec 2022 | 49.25% |
| Mar 2023 | 50.18% |
| June 2023 | 50.22% |
| Sept 2023 | 50.22% |
| FII Holding | |
| Sept 2022 | 20.11% |
| Dec 2022 | 12.60% |
| Mar 2023 | 12.27% |
| June 2023 | 12.50% |
| Sept 2023 | 12.34% |
| DII Holding | |
| Sept 2022 | 2.39% |
| Dec 2022 | 2.13% |
| Mar 2023 | 2.35% |
| June 2023 | 2.33% |
| Sept 2023 | 1.97% |
| Govt. Holding | |
| Sept 2022 | 0.06% |
| Dec 2022 | 0.09% |
| Mar 2023 | 0.10% |
| June 2023 | 0.10% |
| Sept 2023 | 0.13% |
| Public Holding | |
| Sept 2022 | 28.36% |
| Dec 2022 | 35.91% |
| Mar 2023 | 35.10% |
| June 2023 | 34.85% |
| Sept 2023 | 35.34% |
KDDL Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹625 Cr |
| 2020 | ₹652 Cr |
| 2021 | ₹549 Cr |
| 2022 | ₹816 Cr |
| 2023 | ₹1,283 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹25 Cr |
| 2020 | ₹-2 Cr |
| 2021 | ₹7 Cr |
| 2022 | ₹37 Cr |
| 2023 | ₹118 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.68 |
| 2020 | 1.4 |
| 2021 | 1.16 |
| 2022 | 0.62 |
| 2023 | 0.28 |
Last 10 Years’ Profit Growth:
| 10 Years: | 36% |
| 5 Years: | 27% |
| 3 Years: | 348% |
| Current Year: | 138% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 12% |
| Last Year: | 15% |
Sales Growth Over 10 Years:
| 10 Years: | 15% |
| 5 Years: | 17% |
| 3 Years: | 20% |
| Current Year: | 29% |
Conclusion
This article is a complete guide about KDDL Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
Also Read: ₹2 Share Company Supplies Uniforms To Govt; 30-year Contract With Aditya Birla
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.