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Kanani Industries share price

Kanani Industries Ltd.

NSE: KANANIIND BSE: 506184 SECTOR: Diamond & Jewellery  31k   49   4

3.07
0 0
BSE: 26 Jul 04:01 PM

Price Summary

Today's High

₹ 3.08

Today's Low

₹ 3

52 Week High

₹ 7.45

52 Week Low

₹ 2.7

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
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

60.75 Cr.

Enterprise Value

87.99 Cr.

No. of Shares

19.79 Cr.

P/E

356.98

P/B

1.36

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.26

CASH

4.12 Cr.

DEBT

31.36 Cr.

Promoter Holding

38.29 %

EPS (TTM)

₹  0.01

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

-8.75

Interest Cover Ratio

1.65240586847235

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2024 38.29 0
Mar 2024 57.21 0
Dec 2023 61.35 0
Sep 2023 61.35 0
Jun 2023 61.35 0
Investors List
* Figures given above are % of equity capital

 Strengths

 Looks like the company does not have any notable strengths.

 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 356.98.
  • The company is trading at a high EV/EBITDA of 66.8891.
  • Promoter stake has been decreased from 57.21% to 38.29%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 17.53 19.21 27.62 0 0
Total Expenditure 17.22 19.05 27.26 0.12 0.33
Operating Profit 0.31 0.16 0.36 -0.12 -0.33
Other Income 0.11 0.37 -0.08 0.19 0.46
Interest 0.26 0.3 0.12 0.15 0.2
Depreciation 0.02 0.01 0.01 0 0.02
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.15 0.23 0.15 -0.08 -0.08
Tax 0.05 0.04 0.02 -0.01 -0.01
Profit After Tax 0.1 0.19 0.12 -0.07 -0.08
Adjusted EPS (Rs) 0 0.01 0.01 0 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 Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
promoters 61.35 61.35 61.35 57.21 38.29
harshil premjibhai kanani... 53.26 53.26 53.26 49.11 30.20
premjibhai devajibhai kan... - - - 8.09 8.09
premjibhai d kanani 8.09 8.09 8.09 - -
PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
investors 38.65 38.65 38.65 42.79 61.71
llp 0.01 0.01 0.02 0.15 0.66
dahyabhai g sutariya 2.33 2.33 2.33 - -
anilkumar bhikhabhai vira... 2.20 2.20 - - -
govindbhai laljibhai kaka... 2.08 2.08 - - -
hirabhai kanjibhai kakadi... 2.13 2.13 - - -
kishorkumar bhikhalal vir... 2.33 2.33 - - -
rajesh bhagwanbhai sutari... 1.63 1.63 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Kanani Industries informs about disclosure 26 Jun 2024, 12:47PM Kanani Industries informs about disclosure 22 Jun 2024, 2:21PM Kanani Industries informs about disclosure21 Jun 2024, 12:20PM Kanani Industries informs about disclosures 20 Jun 2024, 12:18PM Kanani Industries informs about disclosure14 Jun 2024, 12:24PM Kanani Industries informs about disclosure13 Jun 2024, 12:29PM Kanani Industries informs about disclosure12 Jun 2024, 12:54PM Kanani Industries informs about disclosure 7 Jun 2024, 2:48PM Kanani Industries informs about disclosure 5 Jun 2024, 12:37PM Kanani Industries informs about disclosure 20 Mar 2024, 1:02PM Kanani Industries informs about disclosure16 Mar 2024, 2:49PM Kanani Industries informs about disclosures 11 Mar 2024, 12:56PM Kanani Industries informs about disclosure 8 Mar 2024, 12:32PM Kanani Industries informs about disclosure5 Mar 2024, 5:00PM Kanani Industries informs about disclosure29 Feb 2024, 12:28PM Kanani Industries informs about disclosure27 Feb 2024, 5:16PM Kanani Industries informs about disclosures27 Feb 2024, 5:15PM 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 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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Kanani Industries . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 355.813953488372 which is high and comparatively overvalued .

  • Share Price: - The current share price of Kanani Industries is Rs 3.06. 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 Debt to Equity ratio of 0.7035 which means that the company has low proportion of debt in its capital.

  • 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 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Kanani Industries is Rs 0.0086 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Kanani Industries in Ticker for free. Also, one can get the intrinsic value of Kanani Industries by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Kanani Industries
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