Kanani Industries Ltd
Incorporated in 1983, Kanani Industries Ltd is engaged in the business of manufacture & export of Diamond Studded Jewelry.
- Market Cap ₹ 54.0 Cr.
- Current Price ₹ 2.73
- High / Low ₹ 7.55 / 2.37
- Stock P/E 208
- Book Value ₹ 3.21
- Dividend Yield 0.00 %
- ROCE 1.80 %
- ROE 0.98 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.85 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -5.74%
- The company has delivered a poor sales growth of -8.33% over past five years.
- Promoter holding is low: 32.6%
- Company has a low return on equity of 1.96% over 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
292 | 338 | 444 | 496 | 443 | 386 | 344 | 377 | 312 | 291 | 270 | 223 | 189 | |
291 | 333 | 441 | 493 | 443 | 385 | 340 | 373 | 311 | 289 | 267 | 222 | 189 | |
Operating Profit | 1 | 5 | 3 | 3 | -0 | 1 | 4 | 3 | 1 | 2 | 3 | 1 | -0 |
OPM % | 1% | 1% | 1% | 1% | -0% | 0% | 1% | 1% | 0% | 1% | 1% | 0% | -0% |
1 | -0 | 0 | 0 | 2 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | |
Interest | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
Depreciation | 0 | 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 | 1 | 0 |
Tax % | 8% | 3% | 6% | 9% | 25% | 15% | 7% | 7% | 20% | 10% | 6% | 7% | |
1 | 3 | 2 | 2 | 0 | 1 | 2 | 3 | 0 | 2 | 2 | 1 | 0 | |
EPS in Rs | 0.05 | 0.15 | 0.08 | 0.10 | 0.03 | 0.04 | 0.11 | 0.13 | 0.02 | 0.09 | 0.11 | 0.03 | 0.01 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -8% |
3 Years: | -11% |
TTM: | -26% |
Compounded Profit Growth | |
---|---|
10 Years: | -17% |
5 Years: | -22% |
3 Years: | 54% |
TTM: | -75% |
Stock Price CAGR | |
---|---|
10 Years: | -4% |
5 Years: | 10% |
3 Years: | -28% |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 20 | 20 |
Reserves | 32 | 35 | 36 | 39 | 39 | 40 | 43 | 47 | 47 | 49 | 53 | 43 | 44 |
15 | 26 | 35 | 30 | 29 | 35 | 37 | 25 | 22 | 24 | 31 | 6 | 0 | |
87 | 123 | 74 | 91 | 79 | 75 | 61 | 73 | 55 | 58 | 36 | 26 | 22 | |
Total Liabilities | 143 | 193 | 155 | 169 | 156 | 160 | 151 | 155 | 133 | 141 | 131 | 95 | 86 |
1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
142 | 192 | 155 | 169 | 156 | 159 | 150 | 154 | 133 | 141 | 130 | 95 | 86 | |
Total Assets | 143 | 193 | 155 | 169 | 156 | 160 | 151 | 155 | 133 | 141 | 131 | 95 | 86 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | -7 | -3 | 6 | -4 | -7 | -1 | 6 | 3 | -2 | -2 | 19 | |
0 | 0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | -0 | -0 | 0 | |
-33 | 11 | 9 | -5 | -1 | 6 | 2 | -12 | -3 | 2 | 6 | -26 | |
Net Cash Flow | -4 | 4 | 6 | 1 | -5 | -0 | 1 | -6 | -0 | 0 | 3 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 146 | 154 | 102 | 99 | 99 | 116 | 115 | 115 | 128 | 128 | 128 | 123 |
Inventory Days | 27 | 45 | 13 | 13 | 20 | 25 | 33 | 30 | 22 | 42 | 36 | 29 |
Days Payable | 109 | 135 | 61 | 67 | 65 | 71 | 65 | 72 | 65 | 73 | 50 | 42 |
Cash Conversion Cycle | 65 | 65 | 54 | 46 | 55 | 70 | 83 | 74 | 85 | 97 | 114 | 110 |
Working Capital Days | 66 | 67 | 55 | 47 | 56 | 71 | 84 | 75 | 87 | 98 | 116 | 111 |
ROCE % | 4% | 9% | 4% | 4% | 3% | 1% | 4% | 4% | 1% | 2% | 4% | 2% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Oct - Copies of newspaper advertisement of Un-audited Financial Result for the quarter/half year ended September 30, 2024, published in Mumbai Lakshadeep and Business Standard on October …
-
Disclosure Of Related Party Transaction Pursuant To Regulation 23(9) Of SEBI (LODR) Regulations, 2015
28 Oct - Disclosure of related party transactions for FY 2024.
-
SUBMISSION OF UN-AUDITED FINANCIAL RESULT WITH LIMITED REVIEW REPORT FOR THE QUARTER/HALF YEAR ENDED SEPTEMBER 30, 2024
28 Oct - Submission of un-audited financial results for Q2 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th October, 2024
28 Oct - Board approved un-audited financial results for Q2 2024.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 26 Oct
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from web
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from nse
Product Profile:[1] Company deals in all kinds of diamond-studded jewelry e.g. rings, necklaces, earrings, bracelets, pendants, etc.