WEBSITE BSE:530609 NSE: CARNATIN Inc. Year: 1983 Industry: Castings/Forgings My Bucket: Add Stock
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Carnation Industries Ltd. is an India-based manufacturing company engaged in producing a wide range of industrial and consumer products, primarily focused on the engineering and construction segments. The company manufactures items such as fasteners, hardware components, and other precision-engineered products used in infrastructure, automotive, and general engineering applications. Carnation Industries operates with modern manufacturing facilities, leveraging technology and process automation to ensure consistent quality, operational efficienc...Read More
Carnation Industries Ltd. is an India-based manufacturing company engaged in producing a wide range of industrial and consumer products, primarily focused on the engineering and construction segments. The company manufactures items such as fasteners, hardware components, and other precision-engineered products used in infrastructure, automotive, and general engineering applications. Carnation Industries operates with modern manufacturing facilities, leveraging technology and process automation to ensure consistent quality, operational efficiency, and scalability. Its business model combines contract manufacturing, OEM supply, and value-added services, enabling long-term relationships with clients and timely delivery of customized solutions. With a focus on quality, technical expertise, and process optimization, Carnation Industries is positioned to benefit from India’s growing industrialization, infrastructure development, and the rising demand for reliable engineering components in domestic and international markets. ...Read Less
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Market Cap ₹31 Cr.
Stock P/E 21.5
P/B 41.2
Current Price ₹88.6
Book Value ₹ 2.2
Face Value 10
52W High ₹88.7
Dividend Yield 0%
52W Low ₹ 21.1
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Other Income | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Operating Profit | -0 | -0 | 2 | -0 | -0 | -0 | -0 | -0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | -0 | 2 | -0 | -0 | -0 | -0 | -0 | -0 | 1 |
| Provision for Tax | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -0 | -0 | 2 | -0 | -0 | -0 | -0 | -0 | -1 | 1 |
| Adjustments | 0 | -0 | 0 | -0 | 0 | -0 | 0 | -0 | 0 | 0 |
| Profit After Adjustments | -0 | -0 | 2 | -0 | -0 | -0 | -0 | -0 | -1 | 1 |
| Adjusted Earnings Per Share | -0.1 | -0.4 | 6.5 | -0.2 | -0.8 | -1.4 | -0.3 | -0.7 | -1.6 | 2.2 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 97 | 98 | 82 | 50 | 7 | 8 | 0 | 0 | 0 | 0 | 0 | 2 |
| Other Income | 3 | 1 | 4 | 4 | 2 | 18 | 0 | 2 | 0 | 0 | 2 | 0 |
| Total Income | 99 | 100 | 85 | 54 | 9 | 26 | 0 | 2 | 0 | 0 | 2 | 2 |
| Total Expenditure | 89 | 90 | 79 | 55 | 12 | 23 | 2 | 2 | 1 | 0 | 1 | 1 |
| Operating Profit | 10 | 10 | 7 | -1 | -3 | 2 | -2 | 0 | -0 | -0 | 2 | 1 |
| Interest | 7 | 5 | 5 | 4 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 2 | 3 | 0 | -7 | -5 | -0 | -2 | -0 | -1 | -0 | 1 | 1 |
| Provision for Tax | 0 | 1 | -0 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1 | 2 | 0 | -7 | -5 | 0 | -2 | -0 | -1 | -0 | 1 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | -6 | -1 | -0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | 2 | 0 | -7 | -5 | 0 | -8 | -1 | -1 | -0 | 1 | 0 |
| Adjusted Earnings Per Share | 4.1 | 6.8 | 0.8 | -18.9 | -13.6 | 1 | -6 | -0.5 | -2.6 | -1.4 | 4.1 | -0.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 0% | -100% | -100% |
| Operating Profit CAGR | 0% | 0% | 0% | -15% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 1746% | 129% | 80% | 8% |
| ROE Average | 0% | 0% | -12% | -11% |
| ROCE Average | 399% | 133% | 80% | 40% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 16 | 18 | 19 | 12 | 7 | 7 | -0 | -1 | -2 | -3 | 2 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 2 | 1 | 1 | 2 | 1 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2 | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 69 | 66 | 65 | 54 | 46 | 19 | 13 | 2 | 3 | 4 | 0 |
| Total Liabilities | 88 | 87 | 86 | 69 | 56 | 28 | 14 | 2 | 1 | 1 | 2 |
| Fixed Assets | 13 | 12 | 12 | 11 | 10 | 3 | 1 | 1 | 1 | 1 | 0 |
| Other Non-Current Assets | 1 | 1 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 74 | 74 | 72 | 57 | 45 | 25 | 13 | 1 | 0 | 0 | 1 |
| Total Assets | 88 | 87 | 86 | 69 | 56 | 28 | 14 | 2 | 1 | 1 | 2 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 1 | 1 | -0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 6 | 3 | 9 | 5 | 5 | 5 | -4 | -8 | -0 | -0 | -1 |
| Cash Flow from Investing Activities | -1 | -1 | -1 | 0 | 1 | 24 | 11 | 1 | 0 | 0 | 0 |
| Cash Flow from Financing Activities | -4 | -2 | -8 | -6 | -6 | -28 | -0 | -0 | -0 | 0 | 2 |
| Net Cash Inflow / Outflow | 1 | -0 | -1 | 0 | -0 | 0 | 7 | -7 | -0 | -0 | 1 |
| Closing Cash & Cash Equivalent | 1 | 1 | -0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 1 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 4.06 | 6.76 | 0.78 | -18.9 | -13.55 | 0.99 | -5.98 | -0.51 | -2.62 | -1.43 | 4.12 |
| CEPS(Rs) | 8.74 | 10.76 | 4.24 | -15.4 | -10.64 | 2.68 | -5.92 | -0.46 | -2.57 | -1.38 | 4.15 |
| DPS(Rs) | 0.6 | 0.7 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 47.06 | 52.98 | 53.71 | 34.38 | 21.22 | 21.38 | -1.31 | -3.49 | -6.98 | -8.4 | 4.72 |
| Core EBITDA Margin(%) | 7.58 | 8.91 | 3.71 | -9.89 | -67.85 | -199.35 | 0 | 0 | 0 | 0 | 0 |
| EBIT Margin(%) | 8.61 | 8.61 | 6.74 | -5.13 | -48.31 | 23.53 | 0 | 0 | 0 | 0 | 0 |
| Pre Tax Margin(%) | 1.83 | 3.06 | 0.28 | -13.17 | -62.27 | -1.28 | 0 | 0 | 0 | 0 | 0 |
| PAT Margin (%) | 1.45 | 2.38 | 0.33 | -13.04 | -63.22 | 4.37 | 0 | 0 | 0 | 0 | 0 |
| Cash Profit Margin (%) | 3.13 | 3.78 | 1.79 | -10.62 | -49.63 | 11.83 | 0 | 0 | 0 | 0 | 0 |
| ROA(%) | 1.62 | 2.68 | 0.31 | -8.42 | -7.44 | 0.81 | -9.7 | -2.12 | -50.35 | -37.32 | 78.89 |
| ROE(%) | 8.94 | 13.52 | 1.47 | -42.91 | -48.75 | 4.64 | -59.58 | 0 | 0 | 0 | 0 |
| ROCE(%) | 16.71 | 16.06 | 10.32 | -5.33 | -9.07 | 8.44 | -32.91 | 32.06 | 0 | 0 | 399.09 |
| Receivable days | 186.6 | 194.86 | 239.28 | 347.85 | 1955.64 | 1294.67 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 35.57 | 34.28 | 35.97 | 44.96 | 128.58 | 44.88 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 243.7 | 258.68 | 299.83 | 355.02 | 1565.69 | 1636.42 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 6.19 | 5.8 | 59.88 | 0 | 0 | 5.66 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0.53 | 0.74 | 0.87 | 0.86 | 0.45 | 0.26 | -3.06 | -1.43 | -0.56 | -0.87 | 0 |
| Dividend Yield(%) | 2.39 | 1.78 | 0.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.43 | 0.49 | 0.61 | 0.84 | 4.41 | 0.43 | 0 | 0 | 0 | 0 | 0 |
| EV/Core EBITDA(x) | 4.16 | 4.86 | 7.37 | -30.96 | -11.85 | 1.34 | 2.6 | 12.88 | -6.37 | -12.91 | 1.76 |
| Net Sales Growth(%) | -0.58 | 1.89 | -16.96 | -38.69 | -86.19 | 9.7 | -100 | 0 | 0 | 0 | 0 |
| EBIT Growth(%) | -1.27 | 1.92 | -34.87 | -146.57 | -39.3 | 151.42 | -188.37 | 114.31 | -314.48 | 28.02 | 515.69 |
| PAT Growth(%) | -41.11 | 66.69 | -88.42 | -2513.04 | 28.31 | 107.3 | -704.59 | 91.54 | -418.19 | 45.57 | 388.92 |
| EPS Growth(%) | -41.11 | 66.69 | -88.42 | -2513.04 | 28.31 | 107.3 | -704.57 | 91.54 | -418.2 | 45.57 | 388.93 |
| Debt/Equity(x) | 2.13 | 1.98 | 1.82 | 2.71 | 3.75 | 0.19 | -3.36 | -1.32 | -0.72 | -0.66 | 0.07 |
| Current Ratio(x) | 1.07 | 1.12 | 1.11 | 1.06 | 0.99 | 1.33 | 1 | 0.73 | 0.09 | 0.07 | 3.13 |
| Quick Ratio(x) | 0.92 | 1 | 0.98 | 0.98 | 0.96 | 1.29 | 1 | 0.73 | 0.09 | 0.07 | 3.13 |
| Interest Cover(x) | 1.27 | 1.55 | 1.04 | -0.64 | -3.46 | 0.95 | -3.7 | 0.82 | -2.15 | -3.21 | 786.32 |
| Total Debt/Mcap(x) | 3.99 | 2.68 | 2.08 | 3.17 | 8.37 | 0.73 | 1.1 | 0.92 | 1.3 | 0.76 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 43.66 | 43.66 | 43.66 | 43.66 | 43.66 | 89.98 | 89.98 | 89.98 | 89.98 | 89.98 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 56.34 | 56.34 | 56.34 | 56.34 | 56.34 | 10.02 | 10.02 | 10.02 | 10.02 | 10.02 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 |
* The pros and cons are machine generated.
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