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Kanoria Chem. & Inds share price

Kanoria Chemicals & Industries Ltd.

NSE: KANORICHEM BSE: 506525 SECTOR: Chemicals  24k   25   1

126.00
-0.05 (-0.04%)
BSE: 19 Apr 04:01 PM

Price Summary

Today's High

₹ 126.15

Today's Low

₹ 124

52 Week High

₹ 156.3

52 Week Low

₹ 100.25

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

550.54 Cr.

Enterprise Value

674.47 Cr.

No. of Shares

4.37 Cr.

P/E

0

P/B

0.86

Face Value

₹ 5

Div. Yield

0 %

Book Value (TTM)

₹  146.16

CASH

0.49 Cr.

DEBT

124.42 Cr.

Promoter Holding

74.4 %

EPS (TTM)

₹  -1.5

Sales Growth

4.02%

ROE

0.93 %

ROCE

2.46%

Profit Growth

-76.28 %

* 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 Year4.02%
3 Year23.35%
5 Year14.79%

Profit Growth

1 Year-76.28%
3 Year110.02%
5 Year1.14%

ROE%

1 Year0.93%
3 Year1.44%
5 Year1.12%

ROCE %

1 Year2.46%
3 Year3.38%
5 Year2.67%

Debt/Equity

0.1943

Price to Cash Flow

22.05

Interest Cover Ratio

1.93876262626263

CFO/PAT (5 Yr. Avg.)

4.17863877935882

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 74.4 29.57
Sep 2023 74.4 29.57
Jun 2023 74.4 29.57
Mar 2023 74.4 29.57
Dec 2022 74.4 29.57
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 23.3524916407625% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 30.4368381137004 days.

 Limitations

  • Company has a poor ROE of 1.44012796390514% over the past 3 years.
  • Company has a poor ROCE of 3.37671548113515% over the past 3 years
  • The company is trading at a high PE of 0.
  • Promoter pledging is high as 29.57%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 159.94 158.89 153.71 142.75 134.37
Total Expenditure 158.62 159.17 154.15 139.67 134.96
Operating Profit 1.32 -0.28 -0.44 3.08 -0.59
Other Income 9.96 1.39 15.77 1.76 6.71
Interest 2.73 2.58 3.12 3.11 2.59
Depreciation 5.25 5.47 5.43 5.48 5.49
Exceptional Items 0 0 -2.71 0.29 0
Profit Before Tax 3.3 -6.94 4.07 -3.46 -1.96
Tax 1.1 -2.25 0.28 -0.75 0.98
Profit After Tax 2.2 -4.69 3.79 -2.71 -2.94
Adjusted EPS (Rs) 0.5 -1.07 0.87 -0.62 -0.67

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 447.5 359.74 387.95 649.13 675.21
Total Expenditure 420.91 354.27 363.67 589.96 660.74
Operating Profit 26.59 5.47 24.28 59.18 14.47
Other Income 14.32 21.39 9.08 11.18 25.15
Interest 6.42 12.14 12.47 9.13 9.5
Depreciation 20.05 21.15 22.14 21.12 21.19
Exceptional Items -2.8 0 -3.79 0 0
Profit Before Tax 11.64 -6.43 -5.03 40.1 8.92
Tax 3.07 -5.61 -1.36 15.12 3
Net Profit 8.57 -0.82 -3.67 24.99 5.93
Adjusted EPS (Rs.) 1.96 -0.19 -0.84 5.72 1.36

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 21.85 21.85 21.85 21.85 21.85
Total Reserves 601.07 594.89 591.87 616.94 618.6
Borrowings 35.71 68.08 64.51 58.87 65.05
Other N/C liabilities 57.89 52.55 51.6 59.96 58.45
Current liabilities 146.29 158.66 139.1 143.35 143.07
Total Liabilities 862.82 896.03 868.93 900.96 907.02
Assets
Net Block 391.86 421.61 404.44 399.56 404.75
Capital WIP 33.78 11.04 12.53 4.88 0.02
Intangible WIP 0 0 0 0 0
Investments 166.51 147.19 142.57 202.05 211.4
Loans & Advances 92.83 136.97 136.15 88.22 85.5
Other N/C Assets 0 0 0 2.09 3.62
Current Assets 177.84 179.23 173.24 204.17 201.74
Total Assets 862.82 896.03 868.93 900.96 907.02
* 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 14.44 -6.43 -1.24 40.1 8.92
Adjustment 14 22.68 30.24 19.44 15.65
Changes in Assets & Liabilities 15.82 -5.87 -10.52 -9.6 3.93
Tax Paid -2.84 1.69 0.2 -0.84 -3.54
Operating Cash Flow 41.41 12.08 18.68 49.11 24.96
Investing Cash Flow -44.06 -15.53 7.75 -9.9 -42.45
Financing Cash Flow 5.68 6.16 -33.31 -36.59 13.91
Net Cash Flow 3.03 2.71 -6.88 2.62 -3.58

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 74.40 74.40 74.40 74.40 74.40
anand vardhan kanoria 0.99 0.99 0.99 0.99 0.99
kirtivardhan finvest serv... 2.64 2.64 2.64 2.64 2.64
madhuvanti kanoria 1.14 1.14 1.14 1.14 1.14
r v investment and dealer... 7.35 7.35 7.35 7.35 7.35
rajya vardhan kanoria 1.06 1.06 1.06 1.06 1.06
saumya vardhan kanoria 1.27 1.27 1.27 1.27 1.27
vardhan limited 59.94 59.94 59.94 59.94 59.94
kirtivardhan finvest serv... 2.64 2.64 2.64 2.64 2.64
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 25.60 25.60 25.60 25.60 25.60
citibank international p... 0.04 0.04 0.04 0.04 0.04
investor education and pr... - 0.50 0.50 0.50 0.54
llp 0.08 0.14 0.15 0.29 0.25
sanjiv dhireshbhai shah 3.24 1.32 1.33 1.73 1.73
vishal rameshbhai patel 1.09 1.09 1.09 1.09 1.09
mukul mahavir agrawal 1.37 1.34 1.21 - -
investor education and pr... 0.50 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ1FY24 25 Sep 2023
  • PresentationFY2019 26 May 2021
  • PresentationFY2018 26 May 2021

Company News

Kanoria Chemicals & Industries informs about compliances-certificate10 Apr 2024, 4:24PM Kanoria Chemicals & Industries informs about compliance certificate8 Apr 2024, 3:05PM Kanoria Chemicals planning to add additional production capacity of Hexamine in Ankleshwar14 Feb 2024, 3:40PM Kanoria Chem. & Inds - Quaterly Results14 Feb 2024, 2:14PM Kanoria Chem. & Inds - Quaterly Results14 Feb 2024, 2:14PM Kanoria Chemicals & Industries informs about change in senior management personnel5 Oct 2023, 5:12PM Kanoria Chemicals & Industries informs about compliance certificate5 Oct 2023, 4:34PM Kanoria Chemicals & Industries informs about trading window closure26 Sep 2023, 4:50PM Kanoria Chemicals & Industries informs about press release9 Aug 2023, 3:16PM Kanoria Chem. & Inds - Quaterly Results8 Aug 2023, 2:13AM Kanoria Chem. & Inds - Quaterly Results8 Aug 2023, 2:13AM Kanoria Chem. & Inds - Quaterly Results8 Aug 2023, 2:13AM Kanoria Chem. & Inds - Quaterly Results26 May 2023, 2:37PM Kanoria Chem. & Inds - Quaterly Results26 May 2023, 2:37PM Kanoria Chemicals & Industries informs about non-applicability of large corporate entity 2 May 2023, 4:43PM Kanoria Chemicals & Industries informs about press release17 Apr 2023, 2:00PM Kanoria Chemicals & Industries informs about disclosure 11 Apr 2023, 5:30PM Kanoria Chemicals & Industries setting up new Formaldehyde plant in Gujarat24 Feb 2023, 10:11AM Kanoria Chem. & Inds - Quaterly Results10 Feb 2023, 2:01PM Kanoria Chem. & Inds - Quaterly Results10 Feb 2023, 2:01PM Kanoria Chem. & Inds - Quaterly Results10 Feb 2023, 2:01PM Kanoria Chemicals & Industries informs about compliance certificate10 Jan 2023, 4:51PM Kanoria Chemicals gets DSIR recognition for in-house R&D unit10 Jan 2023, 10:59AM Kanoria Chemicals to commence commercial production at Phenolic Resin Plant 29 Dec 2022, 9:59AM Kanoria Chemicals & Industries informs about loss of shares certificate 3 Dec 2022, 2:39PM Kanoria Chem. & Inds - Quaterly Results11 Nov 2022, 12:00PM Kanoria Chem. & Inds - Quaterly Results11 Nov 2022, 12:00PM Kanoria Chemicals & Industries informs about loss of shares certificate 21 Sep 2022, 4:54PM Kanoria Chemicals & Industries informs about unaudited financial results9 Aug 2022, 4:09PM Kanoria Chem. & Inds - Quaterly Results9 Aug 2022, 3:06PM Kanoria Chem. & Inds - Quaterly Results9 Aug 2022, 3:06PM Kanoria Chemicals & Industries board to consider dividend16 May 2022, 2:56PM Kanoria Chemicals & Industries informs about compliance certificate6 Apr 2022, 4:41PM Kanoria Chem. & Inds - Quaterly Results9 Feb 2022, 5:25PM Kanoria Chem. & Inds - Quaterly Results9 Feb 2022, 5:25PM Kanoria Chemicals & Industries informs about notice of board meeting29 Oct 2021, 4:23PM Kanoria Chemicals & Industries informs about board meeting31 Jul 2021, 12:12PM Kanoria Chemicals & Industries informs about compliance certificate12 Jul 2021, 3:38PM Kanoria Chemicals & Industries informs about appointment of independent director23 Jun 2021, 10:48AM Kanoria Chemicals & Industries informs about outcome of board meeting21 May 2021, 4:19PM Kanoria Chemicals acquires stake in Kanoria Africa Textiles22 Mar 2021, 10:37AM Kanoria Chemicals & Industries informs about care ratings9 Mar 2021, 4:20PM Kanoria Chemicals & Industries informs about board meeting27 Jul 2020, 3:20PM Kanoria Chemicals to acquire 15.55% stake in Kanoria Africa Textiles 18 Jun 2020, 9:47AM

Kanoria Chem. & Inds Stock Price Analysis and Quick Research Report. Is Kanoria Chem. & Inds 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). Kanoria Chem. & Inds has a PE ratio of -83.6168367687279 which is low and comparatively undervalued .

  • Share Price: - The current share price of Kanoria Chem. & Inds is Rs 125.35. One can use valuation calculators of ticker to know if Kanoria Chem. & Inds 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. Kanoria Chem. & Inds has ROA of 0.655648120390579 % 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. Kanoria Chem. & Inds has a Current ratio of 1.41003257055789 .

  • 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. Kanoria Chem. & Inds has a ROE of 0.926649015464736 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Kanoria Chem. & Inds has a D/E ratio of 0.1943 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. Kanoria Chem. & Inds has an Inventory turnover ratio of 12.8981174605297 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Kanoria Chem. & Inds has reported revenue growth of 4.0173647270509 % 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 Kanoria Chem. & Inds for the current financial year is 2.14259267487152 %.

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

Last Updated on:
Brief about Kanoria Chem. & Inds
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