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Kanani Industries share price

Kanani Industries Ltd.

NSE: KANANIIND BSE: 506184 SECTOR: Diamond & Jewellery  26k   42   3

4.28
-0.22 (-4.89%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 4.4

Today's Low

₹ 4.28

52 Week High

₹ 7.45

52 Week Low

₹ 2.72

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

84.69 Cr.

Enterprise Value

111.93 Cr.

No. of Shares

19.79 Cr.

P/E

245.98

P/B

1.55

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.77

CASH

4.12 Cr.

DEBT

31.36 Cr.

Promoter Holding

61.35 %

EPS (TTM)

₹  0.02

Sales Growth

-4.81%

ROE

1.14 %

ROCE

2.23%

Profit Growth

-45.97 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-4.81%
3 Year-2.04%
5 Year0.31%

Profit Growth

1 Year-45.97%
3 Year-3.82%
5 Year4.57%

ROE%

1 Year1.14%
3 Year1.44%
5 Year1.4%

ROCE %

1 Year2.23%
3 Year2.58%
5 Year2.5%

Debt/Equity

0.7035

Price to Cash Flow

-12.2

Interest Cover Ratio

1.65240586847235

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 61.35 0
Sep 2023 61.35 0
Jun 2023 61.35 0
Mar 2023 61.35 0
Dec 2022 61.35 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has a high promoter holding of 61.35%.

 Limitations

  • The company has shown a poor profit growth of -3.81749153978381% for the Past 3 years.
  • The company has shown a poor revenue growth of -2.04334197041209% for the Past 3 years.
  • Company has a poor ROE of 1.43606876690198% over the past 3 years.
  • Company has a poor ROCE of 2.58333457805% over the past 3 years
  • Company has high debtor days of 233.178447459766.
  • Company has negative cash flow from operations of -6.9409.
  • The company has a low EBITDA margin of 1.56956691252016% over the past 5 years.
  • The company is trading at a high PE of 245.98.
  • The company is trading at a high EV/EBITDA of 79.2761.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 13 17.53 19.21 27.62 0
Total Expenditure 12.78 17.22 19.05 27.26 0.12
Operating Profit 0.21 0.31 0.16 0.36 -0.12
Other Income 0.15 0.11 0.37 -0.08 0.19
Interest 0.2 0.26 0.3 0.12 0.15
Depreciation 0.02 0.02 0.01 0.01 0
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.14 0.15 0.23 0.15 -0.08
Tax 0.02 0.05 0.04 0.02 -0.01
Profit After Tax 0.12 0.1 0.19 0.12 -0.07
Adjusted EPS (Rs) 0.01 0 0.01 0.01 0

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 83.13 85.64 77.17 84.56 80.49
Total Expenditure 81.22 84.45 76.25 83.69 78.93
Operating Profit 1.91 1.19 0.92 0.88 1.56
Other Income 0.01 0.66 0.91 1.17 0.12
Interest 0.95 0.98 1.21 0.83 0.97
Depreciation 0.26 0.14 0.09 0.09 0.07
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.71 0.72 0.53 1.12 0.64
Tax 0.14 0.16 0.08 0.19 0.13
Net Profit 0.57 0.57 0.44 0.93 0.5
Adjusted EPS (Rs.) 0.03 0.03 0.02 0.05 0.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 9.89 9.89 9.89 9.89 9.89
Total Reserves 32.23 32.8 33.24 34.17 34.68
Borrowings 5.81 4.39 2.18 0.59 10.09
Other N/C liabilities 0 0 0 0 0
Current liabilities 44.36 45.05 41.13 47.22 35.32
Total Liabilities 92.3 92.13 86.45 91.88 89.98
Assets
Net Block 0.55 0.42 0.32 0.34 0.23
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 21.34 21.34 21.34 21.34 21.34
Loans & Advances 0.03 0 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 70.38 70.38 64.79 70.2 68.41
Total Assets 92.3 92.13 86.45 91.88 89.98
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.71 0.72 0.53 1.12 0.64
Adjustment 0.26 0.14 0.09 0.09 0.07
Changes in Assets & Liabilities -1.74 -1.48 2.85 -3.14 -7.49
Tax Paid -0.15 -0.06 -0.1 -0.14 -0.16
Operating Cash Flow -0.92 -0.67 3.37 -2.08 -6.94
Investing Cash Flow -0.36 0 0 -0.11 0.03
Financing Cash Flow 1.77 -5.53 -3.1 2.3 6.87
Net Cash Flow 0.49 -6.2 0.26 0.12 -0.03

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 61.35 61.35 61.35 61.35 61.35
harshil premjibhai kanani... 53.26 53.26 53.26 53.26 53.26
premjibhai d kanani 8.09 8.09 8.09 8.09 8.09
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 38.65 38.65 38.65 38.65 38.65
dahyabhai g sutariya 2.33 2.33 2.33 2.33 2.33
llp 0.01 0.01 0.01 0.01 0.02
anilkumar bhikhabhai vira... 2.20 2.20 2.20 2.20 -
govindbhai laljibhai kaka... 2.08 2.08 2.08 2.08 -
hirabhai kanjibhai kakadi... 2.13 2.13 2.13 2.13 -
kishorkumar bhikhalal vir... 2.33 2.33 2.33 2.33 -
rajesh bhagwanbhai sutari... 1.63 1.63 1.63 1.63 -
nirmal bang securities pr... 1.24 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Kanani Industries - Quaterly Results7 Feb 2024, 3:48PM Kanani Industries - Quaterly Results7 Feb 2024, 3:48PM Kanani Industries - Quaterly Results7 Feb 2024, 3:48PM Kanani Industries informs about proceedings of EGM15 Jan 2024, 5:03PM Kanani Industries informs about closure of trading window26 Dec 2023, 10:17AM Kanani Industries informs about press release21 Dec 2023, 5:48PM Kanani Industries informs about EGM 20 Dec 2023, 3:02PM Kanani Industries - Quaterly Results8 Aug 2023, 4:36PM Kanani Industries - Quaterly Results8 Aug 2023, 4:36PM Kanani Industries - Quaterly Results8 Aug 2023, 4:36PM Kanani Industries informs about closure of trading window 27 Jun 2023, 12:27PM Kanani Industries informs about annual secretarial compliance report11 May 2023, 2:08PM Kanani Industries - Quaterly Results28 Jan 2023, 3:26PM Kanani Industries - Quaterly Results28 Jan 2023, 3:26PM Kanani Industries - Quaterly Results28 Jan 2023, 3:26PM Kanani Industries informs about closure of trading window26 Dec 2022, 4:35PM Kanani Industries - Quaterly Results12 Nov 2022, 3:56PM Kanani Industries informs about board meeting intimation 5 Nov 2022, 3:05PM Kanani Industries informs about newspaper advertisement18 Aug 2022, 4:17PM Kanani Industries informs about annual report17 Aug 2022, 4:17PM Kanani Industries informs about book closure of AGM17 Aug 2022, 11:08AM Kanani Industries - Quaterly Results6 Aug 2022, 4:34PM Kanani Industries - Quaterly Results6 Aug 2022, 4:34PM Kanani Industries - Quaterly Results6 Aug 2022, 4:34PM Kanani Industries bags export orders worth Rs 13 crore14 Jul 2022, 2:21PM Kanani Industries informs about disclosure1 Jul 2022, 4:18PM Kanani Industries informs about disclosures 1 Jul 2022, 3:10PM Kanani Industries informs about trading window closure29 Jun 2022, 5:06PM Kanani Industries informs about disclosure7 Jun 2022, 2:06PM Kanani Industries informs about disclosure21 May 2022, 2:08PM Kanani Industries informs about disclosure20 May 2022, 10:28AM Kanani Industries - Quaterly Results4 May 2022, 5:13PM Kanani Industries - Quaterly Results4 May 2022, 5:13PM Kanani Industries - Quaterly Results4 May 2022, 5:13PM Kanani Industries informs about disclosure26 Mar 2022, 11:46AM Kanani Industries informs about disclosure17 Mar 2022, 1:19PM Kanani Industries informs about disclosure15 Mar 2022, 2:33PM Kanani Industries informs about disclosure10 Mar 2022, 3:09PM Kanani Industries informs about updates9 Mar 2022, 4:47PM Kanani Industries informs about disclosure8 Mar 2022, 4:21PM Kanani Industries informs about newspaper publication15 Feb 2022, 4:47PM Kanani Industries informs about disclosure12 Nov 2021, 4:30PM Kanani Industries informs about annual secretarial compliance7 Jun 2021, 10:58AM Kanani Industries informs about postponement of board meeting29 Jun 2020, 5:09PM Kanani Industries informs about board meeting24 Jun 2020, 4:09PM Kanani Industries informs about annual Secretarial Compliance report20 Jun 2020, 10:23AM

Kanani Industries Stock Price Analysis and Quick Research Report. Is Kanani Industries an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Kanani Industries has a PE ratio of 255.747126436782 which is high and comparatively overvalued .

  • Share Price: - The current share price of Kanani Industries is Rs 4.45. One can use valuation calculators of ticker to know if Kanani Industries share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Kanani Industries has ROA of 0.554047998064461 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Kanani Industries has a Current ratio of 1.93674724378684 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Kanani Industries has a ROE of 1.13674311139992 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Kanani Industries has a D/E ratio of 0.7035 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Kanani Industries has an Inventory turnover ratio of 6.38247631130318 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Kanani Industries has reported revenue growth of -4.81288987435329 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Kanani Industries for the current financial year is 1.93868753152463 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Kanani Industries is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Kanani Industries
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