RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Emerging Leader

RATING

RECOMMENDATION

Neutral

Business Type

Emerging Leader

  • Kannur airport Growth

Kannur airport Revenue Growth

Growth in %

  • -57.30%

    1 Year

  • 144.83%

    3 Year

  • 53.93%

    5 Year

The revenue of the company has decreased 57% y-o-y in FY21 over FY20, because of the nationwide lockdown, National and international travelling got shut down which majorly impacted the revenue of the company.

Kannur airport Net Profit Growth(PAT)

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    5 Year

The revenue of the company decreased 57% y-o-y in FY21 because of the nationwide lockdown but the operating and non-operating expenses of the company have remained constant which impacted the net loss of the company and increased 65% y-o-y in FY21.

Kannur airport EPS Growth

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    5 Year

EPS of the company has increased negatively as per the net loss of the company has increased over the year.

  • Kannur airport Book Value Growth

Growth in %

  • -4.38%

    1 Year

  • 0.83%

    2 Year

  • 2.42%

    3 Year

The book value of the company has decreased in  FY21 over FY20 because of the increase in retained loss of the company.

Kannur airport EBITDA Growth

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    5 Year

EBIDTA of the company has turned negative in FY21 because of the decrease in revenue over the year but the operating expenses remain constant.  

Kannur airport Operating Profit Growth

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    5 Year

Kannur airport Asset Growth

Growth in %

  • -6.40%

    1 Year

  • 3.76%

    3 Year

  • 10.52%

    5 Year

The total assets of the company decreased 6% y-o-y in FY21 because of the decrease in PPE of the airport. Majorly the value of electrical equipment and Building roads and drainage of the airport has decreased which impacted the ratio.

Kannur airport Cash Flow from Operations

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    4 Year

The operating cash flow of the company has turned negative over the years because of the increase in outflow of the cash, the company's mainly cleared their trade payable and other financial liabilities.

  • Kannur airport Solvency Ratios

Kannur airport D/E Ratio

The D/E ratio of the company has increased 8% y-o-y in FY21. The debt of the company has increased to Rs.56Cr. which accounted growth of 26% y-o-y in FY21 which is mainly taken for the development and construction of the airport.

Kannur airport Current Ratio

The current ratio of the company has increased 26% y-o-y in FY21. The current assets of the company have decreased 30% y-o-y in FY21 and current liabilities decreased by 19%. However, both decreased but because of the less decrease in liability  has impacted the current ratio.

Kannur airport Quick Ratio

The airport doesn't hold major inventory that's why there isn't a major difference in current and quick ratio.   

Kannur airport Interest Coverage Ratio

  • Kannur airport Operating Efficiency

The operating efficiency of the company has increased negatively in FY21 over the year because of the decrease in the total revenue of the company.   The decrease in footfall due to the nationwide lockdown impacted the efficiency of the company.  

Kannur airport Operating Profit EBIT Margin(OPM)

Kannur airport Profit Before Tax Margin (PBT Margin)

Kannur airport Profit After Tax Margin (PAT Margin)

  • Kannur airport Profitablity Ratio

Kannur airport Return on Equity(RoE)

The company's ROE declined by 103% y-o-y in FY21, According to DU Point Analysis, the net income margin of the company has decreased from -82% in FY 20 to -413% which shows a decrease of 404% y-o-y, as a result of a decline in revenue, and the increased equity multiplier indicates that the company chose the debt method rather than equity to obtain financial leverage. The corporation can't possibly be able to give shareholders enough returns at this point.

Kannur airport Return on Capital Employed(RoCE)

Kannur airport Return to Assets (RoA)

  • Kannur airport Valuation Ratios

Kannur airport Earning Yield