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Kinetic Engineering Ltd
Previous close
₹210.95
Day range
₹206.00 - ₹219.00
Year range
₹137.00 - ₹235.90
Market cap
4.80B INR
Avg Volume
51.53K
P/E ratio
101.65
Dividend yield
-
Primary exchange
BOM
Market news
Financials
Income Statement
Revenue
Net income
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 354.70M | -4.14% |
Operating expense | 166.70M | 5.98% |
Net income | 21.46M | 27.72% |
Net profit margin | 6.05 | 33.26% |
Earnings per share | — | — |
EBITDA | 8.75M | -53.33% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 66.10M | -16.75% |
Total assets | 1.74B | 5.30% |
Total liabilities | 1.07B | 3.86% |
Total equity | 669.20M | — |
Shares outstanding | 22.13M | — |
Price to book | 7.47 | — |
Return on assets | — | — |
Return on capital | -1.92% | — |
Cash Flow
Net change in cash
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 21.46M | 27.72% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Kinetic Engineering Limited is an Indian automotive manufacturer. The company was founded in the year 1972 by H. K. Firodia. Today it is an automotive component manufacturer which formerly sold two-wheelers under the brand names Kinetic Honda and later Kinetic Motors. It introduced the Kinetic Luna moped which sold well domestically and was exported extensively to Argentina, Brazil, Sri Lanka, and the United States.
Later Kinetic Engineering formed a joint venture with Honda Motor Company to introduce Kinetic Honda scooters, which had electric start and gearless transmissions. Kinetic and Honda parted ways in 1998 when the Firodias bought the majority stake of the joint venture from Honda. In 2008, Kinetic entered into a joint venture with Mahindra Automobiles, where Mahindra held an 80% stake. By this joint venture, Mahindra acquired the two-wheeler manufacturing facilities as well as the then selling brands of Kinetic.
After ceasing two-wheeler manufacturing, Kinetic Engineering produces and exports automotive components. Kinetic Motors resumed operations in January 2011 and has announced plans to produce electric vehicles under the newly launched Kinetic Green Brand. Wikipedia
Founded
1972
Website
Employees
594