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Kanani Industries

₹3.6 0.1 | 2.2%

Market Cap ₹72 Cr.

Stock P/E 125.1

P/B 1

Current Price ₹3.6

Book Value ₹ 3.7

Face Value 1

52W High ₹7.5

Dividend Yield 0%

52W Low ₹ 3.4

Kanani Industries Research see more...

Overview Inc. Year: 1983Industry: Diamond & Jewellery

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 Share Price

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Kanani Industries Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 101 74 43 95 66 48 62 82 66 22
Other Income 0 0 1 0 -0 0 0 0 -0 0
Total Income 101 74 43 95 66 48 62 82 66 22
Total Expenditure 101 73 42 94 65 47 62 81 65 22
Operating Profit 1 0 1 1 1 1 0 1 0 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 1 1 1 0 0 0 0 -0
Provision for Tax 0 0 0 0 0 0 0 0 0 -0
Profit After Tax 0 0 1 1 1 0 -0 0 0 -0
Adjustments 0 0 -0 0 0 0 0 0 0 -0
Profit After Adjustments 0 0 1 1 1 0 -0 0 0 -0
Adjusted Earnings Per Share 0 0 0 0.1 0 0 -0 0 0 -0

Kanani Industries Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 292 338 444 496 443 386 344 377 312 291 270 232
Other Income 1 1 0 0 2 1 0 1 1 1 0 0
Total Income 293 339 444 496 445 387 344 377 312 292 271 232
Total Expenditure 291 334 441 493 443 385 340 373 311 289 267 230
Operating Profit 3 4 3 3 2 2 4 4 2 3 3 1
Interest 2 1 1 1 1 1 1 1 1 1 1 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 1 3 2 2 1 1 2 3 1 2 2 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 1 3 2 2 1 1 2 3 0 2 2 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 3 2 2 1 1 2 3 0 2 2 0
Adjusted Earnings Per Share 0 0.2 0.1 0.1 0 0 0.1 0.1 0 0.1 0.1 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -7% -11% -7% -1%
Operating Profit CAGR 0% -9% 8% 0%
PAT CAGR 0% -13% 15% 7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -19% 20% 8% -2%
ROE Average 4% 3% 3% 3%
ROCE Average 4% 3% 4% 4%

Kanani Industries Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 42 44 46 49 49 50 53 56 56 59 63
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 3 2 2 2 4 6 4 2 1 10
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 101 146 108 119 106 106 92 94 75 82 58
Total Liabilities 143 193 155 169 156 160 151 155 133 141 131
Fixed Assets 1 1 1 1 1 0 1 0 0 0 0
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 142 192 155 169 156 159 150 154 133 141 130
Total Assets 143 193 155 169 156 160 151 155 133 141 131

Kanani Industries Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 7 3 7 14 15 10 10 10 4 4 5
Cash Flow from Operating Activities 29 -7 -3 6 -4 -7 -1 6 3 -2 -3
Cash Flow from Investing Activities 0 -0 0 -0 -0 -0 -0 0 0 -0 0
Cash Flow from Financing Activities -33 11 9 -5 -1 6 2 -12 -3 2 7
Net Cash Inflow / Outflow -4 4 6 1 -5 -0 1 -6 -0 0 3
Closing Cash & Cash Equivalent 3 7 14 15 10 10 10 4 4 5 8

Kanani Industries Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.05 0.15 0.08 0.1 0.03 0.04 0.11 0.13 0.02 0.09 0.11
CEPS(Rs) 0.05 0.16 0.09 0.1 0.03 0.05 0.12 0.14 0.03 0.1 0.11
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 2.1 2.25 2.32 2.46 2.47 2.51 2.66 2.86 2.85 2.97 3.17
Core EBITDA Margin(%) 0.53 1.05 0.65 0.51 -0.04 0.27 1.09 0.88 0.31 0.62 1.21
EBIT Margin(%) 0.9 1.3 0.67 0.57 0.45 0.61 1.02 1.01 0.57 0.99 1.23
Pre Tax Margin(%) 0.36 0.91 0.4 0.42 0.15 0.24 0.68 0.73 0.17 0.69 0.86
PAT Margin (%) 0.33 0.89 0.37 0.39 0.11 0.21 0.63 0.68 0.14 0.62 0.8
Cash Profit Margin (%) 0.37 0.92 0.4 0.4 0.13 0.23 0.71 0.72 0.17 0.65 0.83
ROA(%) 0.74 1.78 0.95 1.18 0.31 0.51 1.4 1.68 0.3 1.32 1.6
ROE(%) 2.36 6.96 3.68 4.05 1.03 1.64 4.26 4.7 0.78 3.13 3.58
ROCE(%) 3.65 6.93 3.95 3.53 2.57 2.9 4.02 4.45 2.22 3.54 3.74
Receivable days 133.14 140.47 109.63 95.31 105.41 114.99 122.48 110.33 133.76 132.63 132.84
Inventory Days 20.81 34.02 23.6 12.57 17.52 24.05 30.09 29.62 29 32.54 39.86
Payable days 72.35 114.93 81.69 61.02 69.82 72.95 72.83 65.79 75.75 71.61 64.71
PER(x) 180.6 30.82 50.58 64.87 298.23 104.21 26.65 4.83 92.12 123.56 27.32
Price/Book(x) 4.16 2.07 1.83 2.55 3.07 1.69 1.1 0.22 0.72 3.79 0.95
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.63 0.33 0.24 0.28 0.38 0.28 0.25 0.09 0.19 0.84 0.31
EV/Core EBITDA(x) 67.35 24.66 34.26 48 80.55 44.99 22.57 8.43 31.18 82.25 24.43
Net Sales Growth(%) 76.41 15.67 31.48 11.68 -10.77 -12.87 -10.75 9.42 -17.26 -6.69 -6.96
EBIT Growth(%) -17.3 66.41 -32.02 -5.41 -28.87 17.39 49.36 8.6 -53.35 60.71 15.69
PAT Growth(%) 40.88 211.94 -44.43 15.12 -73.73 60.47 170.04 17.57 -82.86 311.04 20.37
EPS Growth(%) 40.81 212.1 -44.43 15.12 -73.74 60.57 170.04 17.58 -82.86 311.04 20.33
Debt/Equity(x) 0.36 0.58 0.76 0.62 0.59 0.71 0.71 0.45 0.39 0.42 0.5
Current Ratio(x) 1.4 1.32 1.44 1.42 1.47 1.5 1.63 1.64 1.78 1.72 2.25
Quick Ratio(x) 1.19 1.04 1.29 1.27 1.24 1.25 1.3 1.32 1.53 1.32 1.8
Interest Cover(x) 1.65 3.38 2.45 3.94 1.51 1.67 2.99 3.55 1.44 3.37 3.33
Total Debt/Mcap(x) 0.09 0.28 0.42 0.24 0.19 0.42 0.64 2.04 0.55 0.11 0.53

Kanani Industries Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 74.83 71.72 61.35 61.35 61.35 61.35 61.35 61.35 61.35 57.21
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.17 28.28 38.65 38.65 38.65 38.65 38.65 38.65 38.65 42.79
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 71.61 to 64.71days.

Cons

  • Company has a low return on equity of 3% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Kanani Industries News

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