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Kanel Industries Overview

1. Business Overview

Kanel Industries Ltd. operates in the Agriculture sector in India, with its ticker KANELOIL suggesting a primary focus on the processing and/or distribution of edible oils or oilseed-related products. Its core business model likely involves sourcing agricultural raw materials (oilseeds), processing them into finished goods (e.g., refined oils, industrial oils, or by-products like oil cakes), and distributing these products to consumers, industrial clients, or other businesses. The company primarily makes money through the sale of these processed agricultural commodities.

2. Key Segments / Revenue Mix

Specific key segments or their revenue contribution are not available. Based on its sector, potential segments could include:

Oilseed Processing (crushing, refining)

Edible Oil Sales (branded consumer packs, bulk sales)

By-product Sales (e.g., oil cakes for animal feed)

However, without specific financial data, it's not possible to break down the revenue mix.

3. Industry & Positioning

The Indian agriculture sector, particularly the edible oil industry, is characterized by its vastness, sensitivity to monsoon patterns, government policies (such as import duties and minimum support prices), and global commodity price fluctuations. It includes both organized large-scale players and numerous unorganized local units. The edible oil market is highly competitive, with numerous national and regional brands, as well as significant imports. Kanel Industries Ltd. operates within this competitive landscape, serving either specific regional markets, catering to a niche, or competing on scale and efficiency against other domestic and international players. Its precise positioning (e.g., market share, brand strength, regional dominance) is not available.

4. Competitive Advantage (Moat)

Information on specific competitive advantages for Kanel Industries Ltd. is not available. In the Indian agriculture and edible oil sector, potential moats could include:

Scale and Cost Efficiency: Ability to procure raw materials at competitive prices and operate processing facilities efficiently.

Backward Integration: Direct control over cultivation or strong relationships with farmers ensuring raw material supply.

Brand Recognition & Distribution Network: For consumer-facing products, a strong brand and widespread distribution are crucial.

Geographic Focus: Dominance in a particular region providing logistical advantages.

Without further details, it is unclear if Kanel Industries Ltd. possesses any durable competitive advantages.

5. Growth Drivers

Key factors that could drive growth for Kanel Industries Ltd. over the next 3-5 years include:

Rising Population & Income: Increasing per capita consumption of edible oils and food products in India.

Urbanization & Changing Lifestyles: Shift towards processed and packaged food products, including branded edible oils.

Government Initiatives: Policies aimed at boosting domestic oilseed production, food processing, or agricultural exports.

Value-Added Products: Diversification into higher-margin refined products, specialty oils, or by-products.

Increased Consumption of Healthy Oils: Growing awareness of health and wellness driving demand for specific types of edible oils.

6. Risks

Key risks for Kanel Industries Ltd. include:

Commodity Price Volatility: Fluctuations in raw material (oilseed) and finished product (edible oil) prices can impact profitability significantly.

Monsoon Dependence: Indian agriculture is heavily reliant on monsoon, impacting yield and raw material availability.

Regulatory & Policy Changes: Changes in government policies related to agriculture, imports/exports, subsidies, and food safety standards.

Intense Competition: High competition from both domestic and international players in the edible oil market.

Supply Chain Disruptions: Logistical challenges, storage issues, or transportation problems affecting raw material procurement or product distribution.

Input Cost Inflation: Rising costs of energy, labor, and other processing inputs.

7. Management & Ownership

Specific details regarding the promoters, management quality, or ownership structure of Kanel Industries Ltd. are not available. In India, many companies, especially in traditional sectors like agriculture, are often promoter-driven, with management teams often having deep industry experience.

8. Outlook

Kanel Industries Ltd. operates in a fundamental sector of the Indian economy with inherent growth potential driven by India's large and growing population, rising disposable incomes, and evolving dietary habits. The demand for edible oils and other agricultural products is expected to remain robust. However, the company faces significant challenges typical of the agriculture sector, including susceptibility to weather patterns, volatile commodity prices, intense competition, and a dynamic regulatory environment. The ability to manage input costs, maintain efficient operations, potentially build strong brand equity, and navigate market fluctuations will be crucial for its sustained performance.

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Kanel Industries Key Financials

Market Cap ₹48 Cr.

Stock P/E -858.4

P/B -97.9

Current Price ₹30.5

Book Value ₹ -0.3

Face Value 10

52W High ₹30.5

Dividend Yield 0%

52W Low ₹ 10

Kanel Industries Share Price

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Volume
Price

Kanel Industries Quarterly Price

Show Value Show %

Kanel Industries Peer Comparison

Kanel 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 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit 0 0 -0 0 -0 -0 -0 -0 -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 -0 -0 -0 -0 -0 -0 -0 -0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 0 -0 -0 -0 -0 -0 -0 -0 -0
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments -0 0 -0 -0 -0 -0 -0 -0 -0 -0
Adjusted Earnings Per Share -0 0 -0.1 -0 -0 -0 -0 -0 -0.2 -0.1

Kanel 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 23 26 66 62 42 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 23 26 66 62 42 0 0 0 0 0 0 0
Total Expenditure 23 26 68 62 42 0 0 0 0 0 0 0
Operating Profit -0 -0 -2 -0 -0 -0 -0 0 -0 -0 -0 0
Interest 0 0 0 0 0 0 0 0 0 0 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 -0 -0 -2 -0 -0 -0 -0 0 -0 -0 -0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 -0 -2 -0 -0 -0 -0 0 -0 -0 -0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -0 -2 -0 -0 -0 -0 0 -0 -0 -0 0
Adjusted Earnings Per Share -0.1 -0.1 -0.9 -0 -0.2 -0.1 -0.1 0 -0.1 -0.1 -0 -0.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% -100%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 1233% 170% 72% 22%
ROE Average 0% 0% 0% 0%
ROCE Average -3% -5% -4% -11%

Kanel 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 -4 -4 -6 -6 -7 -7 -7 -7 -7 -7 16
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 5 5 4 3 5 7 7 10 10 10 0
Other Non-Current Liabilities 0 0 0 0 0 0 -0 0 0 0 0
Total Current Liabilities 6 6 11 9 19 13 12 3 3 3 0
Total Liabilities 6 7 9 6 17 13 12 6 5 5 16
Fixed Assets 1 1 1 1 1 1 1 1 1 1 16
Other Non-Current Assets 0 0 3 3 3 3 3 3 0 0 0
Total Current Assets 5 5 5 2 14 10 8 2 5 5 0
Total Assets 6 7 9 6 17 13 12 6 5 5 16

Kanel 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 1 1 1 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -0 -0 -1 -0 -1 -0 -0 -1 -0 -0 -0
Cash Flow from Investing Activities -0 0 0 0 -0 0 0 0 0 -0 0
Cash Flow from Financing Activities -0 0 0 0 1 0 0 1 -0 0 0
Net Cash Inflow / Outflow -0 0 -1 -0 0 -0 -0 0 -0 0 0
Closing Cash & Cash Equivalent 1 1 0 0 0 0 0 0 0 0 0

Kanel 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) -0.13 -0.11 -0.88 -0.05 -0.21 -0.11 -0.1 0.01 -0.1 -0.15 -0.04
CEPS(Rs) -0.09 -0.06 -0.83 -0.01 -0.17 -0.07 -0.06 0.02 -0.08 -0.14 -0.03
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -2.31 -2.42 -3.3 -3.35 -3.56 -3.67 -3.77 -3.76 -3.85 -4 0.01
Core EBITDA Margin(%) -0.72 -0.47 -2.31 -0.08 -0.81 -368.45 -141.85 -231.25 0 0 0
EBIT Margin(%) -1.07 -0.78 -2.44 -0.15 -0.94 -515.81 -210.83 31.06 0 0 0
Pre Tax Margin(%) -1.07 -0.78 -2.44 -0.15 -0.94 -515.81 -210.83 31.06 0 0 0
PAT Margin (%) -1.07 -0.78 -2.44 -0.15 -0.94 -515.81 -210.83 31.06 0 0 0
Cash Profit Margin (%) -0.7 -0.46 -2.31 -0.02 -0.75 -339.07 -133.42 77.77 0 0 0
ROA(%) -2.24 -3.09 -20.13 -1.19 -3.36 -1.35 -1.38 0.19 -3.3 -5.16 -0.52
ROE(%) 0 0 0 0 0 0 0 0 0 0 0
ROCE(%) -6.19 -5.39 -55.55 -4.09 -15.35 -7.39 -6.37 0.5 -4.91 -7.99 -3.06
Receivable days 135.09 58.94 25.48 18.64 20.63 0 0 0 0 0 0
Inventory Days 0.56 0.5 0.68 1.28 1.5 1036.61 295.54 0 0 0 0
Payable days 89.52 19.02 20.36 22.22 66.21 0 0 0 0 0 0
PER(x) 0 0 0 0 0 0 0 393.18 0 0 0
Price/Book(x) -7.07 -1.07 -1.21 0 -0.59 -0.08 -0.31 -0.92 -0.44 -0.31 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.64 0.47 0.24 0.43 0.31 250.13 141.71 321.86 0 0 0
EV/Core EBITDA(x) -232.68 -102.73 -10.18 -2009.66 -41.5 -73.86 -111.25 413.84 -89.12 -51.58 -355.5
Net Sales Growth(%) 163.14 12.66 158.78 -6.68 -32.12 -99.9 105.91 -36.94 -100 0 0
EBIT Growth(%) -10.86 17.46 -707.76 94.35 -330.76 47.09 15.84 109.29 -1197.52 -52.72 79.43
PAT Growth(%) -10.86 17.46 -707.76 94.35 -330.76 47.09 15.84 109.29 -1197.52 -52.72 79.43
EPS Growth(%) -10.9 17.44 -707.66 94.35 -330.91 47.12 15.78 109.26 -1200 -52.79 75.93
Debt/Equity(x) -1.89 -1.81 -1.36 -1.37 -1.43 -1.41 -1.39 -1.54 -1.5 -1.45 25.59
Current Ratio(x) 0.88 0.87 0.46 0.22 0.71 0.74 0.71 0.71 1.78 1.66 0.35
Quick Ratio(x) 0.87 0.87 0.44 0.2 0.7 0.74 0.71 0.71 1.78 1.66 0.35
Interest Cover(x) 0 0 0 0 0 0 0 0 0 0 0
Total Debt/Mcap(x) 0.27 1.7 1.12 0 2.43 17.9 4.51 1.67 3.41 4.71 0

Kanel Industries Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.07 95
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 99.93 99.93 99.93 99.93 99.93 99.93 99.93 99.93 99.93 5
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Kanel Industries News

Kanel Industries Pros & Cons

Pros

  • Stock is trading at -97.9 times its book value
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
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