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Kanani Industries Overview

Kanani Industries Ltd is an totally India-based agency engaged in manufacturing of diamond studded jewellery and it's plant is located at Gujarat. The Company's subsidiary is KIL International Ltd.

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Kanani Industries Key Financials

Market Cap ₹34 Cr.

Stock P/E 44.2

P/B 0.5

Current Price ₹1.7

Book Value ₹ 3.4

Face Value 1

52W High ₹2.5

Dividend Yield 0%

52W Low ₹ 1.1

Kanani Industries Share Price

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Volume
Price

Kanani Industries Quarterly Price

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Kanani Industries Peer Comparison

Kanani Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 66 22 53 67 47 21 34 84 49 28
Other Income -0 0 0 0 0 0 0 -0 1 0
Total Income 66 22 54 67 47 21 34 84 50 29
Total Expenditure 65 22 54 66 47 20 34 83 48 28
Operating Profit 0 0 0 0 0 1 -0 0 1 0
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 0 0 0 1 -0 0 1 0
Provision for Tax 0 -0 -0 0 -0 0 -0 0 0 0
Profit After Tax 0 -0 0 0 0 1 -0 0 1 0
Adjustments 0 -0 0 0 0 0 -0 0 0 0
Profit After Adjustments 0 -0 0 0 0 1 -0 0 1 0
Adjusted Earnings Per Share 0 -0 0 0 0 0 -0 0 0.1 0

Kanani Industries Profit & Loss

#(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 444 496 443 386 344 377 312 291 270 223 168 195
Other Income 0 0 2 1 0 1 1 1 0 1 1 1
Total Income 444 496 445 387 344 377 312 292 271 224 169 197
Total Expenditure 441 493 443 385 340 373 311 289 267 222 168 193
Operating Profit 3 3 2 2 4 4 2 3 3 1 1 1
Interest 1 1 1 1 1 1 1 1 1 1 0 0
Depreciation 0 0 0 0 0 0 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 2 1 1 2 3 1 2 2 1 1 1
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 2 2 1 1 2 3 0 2 2 1 1 1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 2 1 1 2 3 0 2 2 1 1 1
Adjusted Earnings Per Share 0.1 0.1 0 0 0.1 0.1 0 0.1 0.1 0 0 0.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -25% -17% -15% -9%
Operating Profit CAGR 0% -31% -24% -10%
PAT CAGR 0% -21% -20% -7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -21% -22% -5% -12%
ROE Average 1% 2% 2% 3%
ROCE Average 1% 2% 3% 3%

Kanani Industries Balance Sheet

#(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 46 49 49 50 53 56 56 59 63 63 65
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 2 2 4 6 4 2 1 10 6 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 108 119 106 106 92 94 75 82 58 26 28
Total Liabilities 155 169 156 160 151 155 133 141 131 95 93
Fixed Assets 1 1 1 0 1 0 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 155 169 156 159 150 154 133 141 130 95 93
Total Assets 155 169 156 160 151 155 133 141 131 95 93

Kanani Industries Cash Flow

#(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 7 14 15 10 10 10 4 4 5 8 1
Cash Flow from Operating Activities -3 6 -4 -7 -1 6 3 -2 -2 19 6
Cash Flow from Investing Activities 0 -0 -0 -0 -0 0 0 -0 -0 0 0
Cash Flow from Financing Activities 9 -5 -1 6 2 -12 -3 2 6 -26 -6
Net Cash Inflow / Outflow 6 1 -5 -0 1 -6 -0 0 3 -7 -0
Closing Cash & Cash Equivalent 14 15 10 10 10 4 4 5 8 1 1

Kanani Industries Ratios

# 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) 0.08 0.1 0.03 0.04 0.11 0.13 0.02 0.09 0.11 0.03 0.04
CEPS(Rs) 0.09 0.1 0.03 0.05 0.12 0.14 0.03 0.1 0.11 0.03 0.04
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 2.32 2.46 2.47 2.51 2.66 2.86 2.85 2.97 3.17 3.2 3.28
Core EBITDA Margin(%) 0.65 0.51 -0.04 0.27 1.09 0.88 0.31 0.62 1.21 0.25 0.2
EBIT Margin(%) 0.67 0.57 0.45 0.61 1.02 1.01 0.57 0.99 1.23 0.66 0.49
Pre Tax Margin(%) 0.4 0.42 0.15 0.24 0.68 0.73 0.17 0.69 0.86 0.3 0.48
PAT Margin (%) 0.37 0.39 0.11 0.21 0.63 0.68 0.14 0.62 0.8 0.28 0.46
Cash Profit Margin (%) 0.4 0.4 0.13 0.23 0.71 0.72 0.17 0.65 0.83 0.29 0.47
ROA(%) 0.95 1.18 0.31 0.51 1.4 1.68 0.3 1.32 1.6 0.55 0.83
ROE(%) 3.68 4.05 1.03 1.64 4.26 4.7 0.78 3.13 3.58 0.98 1.22
ROCE(%) 3.95 3.53 2.57 2.9 4.02 4.45 2.22 3.54 3.74 1.8 1.23
Receivable days 109.63 95.31 105.41 114.99 122.48 110.33 133.76 132.63 132.84 139.48 158.52
Inventory Days 23.6 12.57 17.52 24.05 30.09 29.62 29 32.54 39.86 35.41 40.17
Payable days 81.69 61.02 69.82 72.95 72.83 65.79 75.75 71.61 64.71 51.22 58.31
PER(x) 50.58 64.87 298.23 104.21 26.65 4.83 92.12 123.56 27.32 120.83 41.88
Price/Book(x) 1.83 2.55 3.07 1.69 1.1 0.22 0.72 3.79 0.95 1.18 0.5
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.24 0.28 0.38 0.28 0.25 0.09 0.19 0.84 0.31 0.36 0.19
EV/Core EBITDA(x) 34.26 48 80.55 44.99 22.57 8.43 31.18 82.25 24.43 53.09 37.42
Net Sales Growth(%) 31.48 11.68 -10.77 -12.87 -10.75 9.42 -17.26 -6.69 -6.96 -17.63 -24.39
EBIT Growth(%) -32.02 -5.41 -28.87 17.39 49.36 8.6 -53.35 60.71 15.69 -55.6 -43.73
PAT Growth(%) -44.43 15.12 -73.73 60.47 170.04 17.57 -82.86 311.04 20.37 -71.59 26.15
EPS Growth(%) -44.43 15.12 -73.74 60.57 170.04 17.58 -82.86 311.04 20.33 -71.58 26.28
Debt/Equity(x) 0.76 0.62 0.59 0.71 0.71 0.45 0.39 0.42 0.5 0.09 0
Current Ratio(x) 1.44 1.42 1.47 1.5 1.63 1.64 1.78 1.72 2.25 3.68 3.31
Quick Ratio(x) 1.29 1.27 1.24 1.25 1.3 1.32 1.53 1.32 1.8 3.01 2.6
Interest Cover(x) 2.45 3.94 1.51 1.67 2.99 3.55 1.44 3.37 3.33 1.84 45.24
Total Debt/Mcap(x) 0.42 0.24 0.19 0.42 0.64 2.04 0.55 0.11 0.53 0.08 0

Kanani Industries Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 61.35 61.35 57.21 38.29 32.55 33.79 33.79 33.79 33.79 33.79
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 38.65 38.65 42.79 61.71 67.45 66.21 66.21 66.21 66.21 66.21
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Kanani Industries News

Kanani Industries Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 33.79%.
  • Company has a low return on equity of 2% over the last 3 years.
  • Debtor days have increased from 51.22 to 58.31days.
  • The company has delivered a poor profit growth of -19% over past five years.
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