What is Kanani Industries share price return in the past 10 years?

Kanani Industries Ltd share price has declined -2.6% annually (CAGR) over the past ten years.

Kanani Industries Ltd - Stock Valuation and Financial Performance

Name: Kanani Industries
Brand: Kanani Industries

BSE: 506184 | NSE: KANANIIND | Diamond & Jewellery | Small Cap

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Kanani Industries Share Price

₹3.76 -0.07 -1.83%
as on 25-Apr'24 16:01

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Data

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Kanani Industries stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

216.27

Market Cap:

74.4 Cr.

52-wk low:

3.3

52-wk high:

7.5

Is Kanani Industries Ltd an attractive stock to invest in?

1. Is Kanani Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kanani Industries Ltd is a below average quality company.

2. Is Kanani Industries Ltd undervalued or overvalued?

The key valuation ratios of Kanani Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Kanani Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kanani Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Kanani Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	2%	1.1%	0.6%	-0.7%	0.4%	1.7%	1.1%	1%	1.1%	1.6%	-
Value Creation Index ⓘ	-0.9	-0.9	-1.0	-1.1	-1.0	-0.9	-0.9	-0.9	-0.9	-0.9	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	70.6	69.5	84.9	78.7	79.2	83.1	85.6	77.2	84.6	80.5	64
Sales YoY Gr.	-	-1.6%	22.2%	-7.3%	0.7%	4.9%	3%	-9.9%	9.6%	-4.8%	-
Adj EPS ⓘ	0	0	0	-0.1	-0	0	0	-0	0	0	0
YoY Gr.	-	-100%	NA	-700%	NA	NA	-66.7%	-200%	NA	200%	-
BVPS (₹) ⓘ	2	2	2.1	2.1	2.1	2.1	2.2	2.2	2.2	2.3	2.8
Adj Net Profit ⓘ	0.3	0	0.1	-1.2	-0.6	0.6	0.1	-0.2	0.1	0.5	0
Cash Flow from Ops. ⓘ	-4.9	7.1	6.4	-8.3	-6.3	-0.9	-0.7	3.4	-2.1	-6.9	-
Debt/CF from Ops. ⓘ	-5.2	3.5	3	-2.7	-4.6	-33.6	-37.6	6.6	-11.8	-4.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	1.5%	0.3%	-2.1%	-4.8%
Adj EPS ⓘ	4.6%	NA	44.2%	200%
BVPSⓘ	1.1%	1.4%	1.4%	0.9%
Share Price	-2.6%	7.3%	22.4%	5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	0.8	0.1	0.3	-2.9	-1.4	1.3	0.3	-0.5	0.3	1.1	0.8
Op. Profit Mgn % ⓘ	2.6	1.6	0.6	-0.7	0.5	2.3	1.4	1.2	1	1.9	1.3
Net Profit Mgn % ⓘ	0.5	0.1	0.1	-1.5	-0.7	0.7	0.1	-0.3	0.1	0.6	0.6
Debt to Equity ⓘ	0.6	0.6	0.5	0.6	0.7	0.7	0.6	0.5	0.6	0.7	-
Working Cap Days ⓘ	237	210	180	204	230	251	271	301	274	296	142
Cash Conv. Cycle ⓘ	170	169	111	127	164	172	181	180	178	205	69

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.80%

Net Profit is growing at healthy rate in last 3 years 44.22%

Debt to equity has declined versus last 3 years average to 0.70

Sales growth has been subdued in last 3 years -2.05%

Sales growth is not so good in last 4 quarters at -32.50%

Latest Financials - Kanani Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0	0
TTM Sales (₹ Cr.)	64.4	231
BVPS (₹.) ⓘ	2.8	3.7
Reserves (₹ Cr.) ⓘ	35	54
P/BV ⓘ	1.36	1.01
PE ⓘ	216.27	129.39

From the Market
52 Week Low / High (₹)	3.25 / 7.45
All Time Low / High (₹)	0.09 / 48.82
Market Cap (₹ Cr.)	74.4
Equity (₹ Cr.)	19.8
Face Value (₹)	1
Industry PE ⓘ	82.2

Management X-Ray of Kanani Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Kanani Industries

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Price to Earnings

Enterprise Value to EBIT

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Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Kanani Industries

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	70.60	69.49	84.88	78.72	79.24	83.13	85.64	77.17	84.56	80.49
Operating Expenses ⓘ	69.98	68.40	84.33	79.28	78.88	81.22	84.45	76.25	83.69	78.93
Manufacturing Costs	0.02	0.03	0.07	0.06	0.01	0.03	0.04	0.04	0.06	0.07
Material Costs	68.30	67.83	83.63	78.54	78	80.32	81.83	73.55	80.63	75.96
Employee Cost	0.30	0.26	0.39	0.35	0.35	0.41	0.48	0.47	0.50	0.52
Other Costs ⓘ	1.36	0.28	0.24	0.34	0.51	0.46	2.10	2.19	2.49	2.38
Operating Profit ⓘ	0.62	1.09	0.54	-0.56	0.36	1.91	1.19	0.92	0.88	1.56
Operating Profit Margin (%)	0.9%	1.6%	0.6%	-0.7%	0.5%	2.3%	1.4%	1.2%	1.0%	1.9%
Other Income ⓘ	0.94	0.19	0.38	2.26	1.41	0.01	0.66	0.91	1.17	0.12
Interest ⓘ	1.29	0.97	0.40	1.13	1.20	0.95	0.98	1.21	0.83	0.97
Depreciation ⓘ	0.10	0.10	0.09	0.09	0.09	0.26	0.14	0.09	0.09	0.07
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0.17	0.21	0.43	0.48	0.50	0.71	0.72	0.53	1.12	0.64
Tax ⓘ	0.03	0.04	0.08	0.09	0.10	0.14	0.16	0.08	0.19	0.13
Profit After Tax	0.14	0.17	0.35	0.39	0.40	0.57	0.57	0.44	0.93	0.50
PAT Margin (%)	0.2%	0.2%	0.4%	0.5%	0.5%	0.7%	0.7%	0.6%	1.1%	0.6%
Adjusted EPS (₹)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	40.27	40.42	40.76	41.16	41.56	42.13	42.69	43.14	44.07	44.57
Share Capital ⓘ	9.89	9.89	9.89	9.89	9.89	9.89	9.89	9.89	9.89	9.89
Reserves ⓘ	30.38	30.52	30.87	31.26	31.66	32.23	32.80	33.24	34.17	34.68
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	25.60	24.96	19.33	22.58	29.04	30.81	25.28	22.18	24.48	31.36
Long Term Debt	2.84	1.77	1.95	1.72	4.04	5.81	4.39	2.18	0.59	10.09
Short Term Debt	22.76	23.19	17.39	20.87	25	25	20.89	20	23.89	21.27
Trade Payables	1.83	11.74	18.11	13.37	14.46	19.21	23.92	20.93	22.90	13.73
Others Liabilities ⓘ	0.07	0.08	0.11	0.18	0.12	0.15	0.24	0.20	0.43	0.32
Total Liabilities ⓘ	67.77	77.20	78.31	77.30	85.17	92.30	92.13	86.45	91.88	89.98
Fixed Assets
Gross Block	1.52	1.52	1.51	1.51	1.53	1.91	1.91	1.91	2.01	1.97
Accumulated Depreciation	0.71	0.83	0.90	0.99	1.07	1.35	1.49	1.58	1.67	1.73
Net Fixed Assetsⓘ	0.81	0.69	0.61	0.53	0.46	0.55	0.42	0.32	0.34	0.23
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	21.34	21.34	21.34	21.34	21.34	21.34	21.34	21.34	21.34	21.34
Inventories	0.19	0.44	0.16	6.14	6.54	12.16	13.93	4.48	12.50	12.72
Trade Receivables	37.37	40.26	40.72	38.98	46.46	47.40	52.30	55.40	52.51	50.33
Cash Equivalents	7.10	13.54	14.35	9.34	9.47	9.97	3.77	4.03	4.15	4.12
Others Assetsⓘ	0.95	0.92	1.14	0.97	0.91	0.88	0.39	0.88	1.04	1.24
Total Assets ⓘ	67.77	77.20	78.31	77.30	85.17	92.30	92.13	86.45	91.88	89.98

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-4.90	7.08	6.44	-8.25	-6.31	-0.92	-0.67	3.37	-2.08	-6.94
PBT ⓘ	0.17	0.21	0.43	0.48	0.50	0.71	0.72	0.53	1.12	0.64
Adjustment ⓘ	0.10	0.10	0.09	0.09	0.09	0.26	0.14	0.09	0.09	0.07
Changes in Working Capital ⓘ	-5.14	6.89	6.03	-8.78	-6.82	-1.74	-1.48	2.85	-3.14	-7.49
Tax Paid ⓘ	-0.04	-0.11	-0.11	-0.04	-0.07	-0.15	-0.06	-0.10	-0.14	-0.16
Cash Flow From Investing Activity ⓘ	-1.27	0	0	-0.01	-0.02	-0.36	0	0	-0.11	0.03
Capex	0	0	0	-0.01	-0.02	-0.36	0	0	-0.11	0.03
Net Investments	-1.27	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	10.72	-0.64	-5.63	3.25	6.46	1.77	-5.53	-3.10	2.30	6.87
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	2.84	-1.07	0.18	-0.23	2.32	1.77	-1.42	-2.21	-1.59	9.50
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	7.88	0.43	-5.81	3.48	4.14	0	-4.11	-0.89	3.89	-2.62
Net Cash Flow ⓘ	4.54	6.44	0.81	-5	0.13	0.49	-6.20	0.26	0.12	-0.03

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	0.35	0.41	0.85	0.95	0.97	1.36	1.34	1.03	2.14	1.14
ROCE (%)	2.42	1.8	1.33	2.61	2.52	2.31	2.43	2.6	2.92	2.23
Asset Turnover Ratio	0.98	0.96	1.09	1.01	0.98	0.94	0.93	0.86	0.95	0.89
PAT to CFO Conversion(x)	-35	41.65	18.4	-21.15	-15.78	-1.61	-1.18	7.66	-2.24	-13.88
Working Capital Days
Receivable Days	205	204	174	185	197	206	212	255	233	233
Inventory Days	29	2	1	15	29	41	56	44	37	57
Payable Days	62	37	65	73	65	76	96	111	99	88

Kanani Industries Ltd Stock News

Kanani Industries Ltd FAQs

What is the share price of Kanani Industries?

Company share prices are keep on changing according to the market conditions. The closing price of Kanani Industries on 25-Apr-2024 16:01 is ₹3.76.

What is the market cap of Kanani Industries?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2024 16:01 the market cap of Kanani Industries stood at ₹74.40.

What is the P/E ratio of Kanani Industries?

The latest P/E ratio of Kanani Industries as of 25-Apr-2024 16:01 is 216.3.

What is the P/B ratio of Kanani Industries?

The latest P/B ratio of Kanani Industries as of 25-Apr-2024 16:01 is 1.36.

What is the 52-week high and low of Kanani Industries?

The 52-week high of Kanani Industries is ₹7.45 and the 52-week low is ₹3.25.

What is the TTM revenue of Kanani Industries?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kanani Industries is ₹64.35 ( Cr.) .

About Kanani Industries Ltd

Kanani Industries Limited (KIL) was initially incorporated on March 22, 1983 with the Registrar of Companies Maharashtra, Mumbai, as a public limited company under the name of â€œShivlaxmi Mercantile Company Limitedâ€ (later changed to IMP Finance Limited).

KIL was acquired by Premjibhai D. Kanani and Vinubhai L. Kanani on April 9, 2007 vide change in management and control in shareholding of the company under the name IMP Finance Limited, which was subsequently changed to â€œKanani Industries Limitedâ€ on October 19, 2007 vide certificate of change of Name issued by the registrar of companies Maharashtra Mumbai.Further the company had acquired land at SEZ, Sachin, Surat (Gujarat), and build up its own four story factory,

Business Profile

The company is engaged in diamonds studded jewellery business having sophisticated hyper technical unit.Kananiâ€™s has evolved around the elegance of the diamond, mastercraftmanship and the most exacting standards. Every Kanani creation undergoes intricate finishing, attention to details and relentless quality confirmation that gives it that unmistakable aura of confidence and pristine beauty.