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Shri Kanha Stainless Ltd (SHRIKANHA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SHRIKANHA Steel & Iron Products | Small Cap | Shri Kanha Stainless Share Price

BSE Share Price
Not Listed

Shri Kanha Stainless Ltd (SHRIKANHA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SHRIKANHA Steel & Iron Products | Small Cap | Shri Kanha Stainless Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹40 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹5.6
TTM Sales
₹206 Cr.
Book Value per Share
₹17.3
P/E Ratio
4.55
Lower than its 5-year historical median
Industry PE
24.3
Price to Book (P/B)
1.48
In line with its 5-year historical median
Price to Sales (P/S)
0.19
Lower than its 5-year historical median
EV/EBITDA
2.57
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
62.48%
Outperforms industry median
Return on Capital Employed (ROCE)
88.71%
Outperforms industry median
Return on Assets (ROA)
6.21%
Operating Profit Margin
9.3%
Net Profit Margin
3.97%
Gross Profit Margin
6.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
11.83%
Operating Profit Growth (1 Year)
-
62.02%
Net Profit Growth (1 Year)
-
122.69%
Asset Quality
Promoter Holding
68.59%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹11 Cr.
Equity
₹15.6 Cr.
Face Value
₹10
All Time Low / High
- / -

Shri Kanha Stainless stock performance

Key Ratios
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Check Before You Invest

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M-Cap below 100cr DeciZen not available

Q.1 Is Shri Kanha Stainless Ltd a good quality company?
Shri Kanha Stainless Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does Shri Kanha Stainless Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shri Kanha Stainless Ltd vs industry peers?
Shri Kanha Stainless Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 6.94%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Shri Kanha Stainless Ltd?
Promoters hold 68.59% of the Shri Kanha Stainless Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shri Kanha Stainless Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
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10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shri Kanha Stainless Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'23Mar'24Mar'25TTM
ROCE % ⓘ51.5%79%88.7%-
Value Creation
Index ⓘ		2.74.65.3-

Growth Parameters ⓘ
Sales ⓘ135130146206
Sales YoY Gr.--3.5%11.8%-
Adj EPS ⓘ0.52.55.65.6
YoY Gr.-408.2%122.9%-
BVPS (₹) ⓘ3.66.111.717.3
Adj Net
Profit ⓘ		0.52.65.89
Cash Flow from Ops. ⓘ2.43.8-8-
Debt/CF from Ops. ⓘ2.21.1-0.8-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA11.8%
Adj EPS ⓘNANANA122.9%
BVPSⓘNANANA91%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		13.751.362.538.8
Op. Profit
Mgn % ⓘ		3.46.59.3NAN
Net Profit
Mgn % ⓘ		0.4244.3
Debt to
Equity ⓘ		1.40.60.5-
Working Cap
Days ⓘ		01241720
Cash Conv.
Cycle ⓘ		038640

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Sales135.04130.37145.79
Operating Expenses ⓘ + 130.51121.97132.18
Manufacturing Costs8.407.065.04
Material Costs118.32110.72122.93
Employee Cost 2.272.602.53
Other Costs ⓘ 1.531.591.68
Operating Profit ⓘ 4.538.4013.61
Operating Profit Margin (%) 3.4%6.4%9.3%
Other Income ⓘ + 1.430.620.60
Exceptional Items ⓘ 000
Interest ⓘ 3.724.164.99
Depreciation ⓘ 1.301.341.53
Profit Before Tax ⓘ 0.953.537.68
Tax ⓘ 0.230.921.89
Profit After Tax 0.722.605.79
PAT Margin (%) 0.5%2.0%4.0%
Adjusted EPS (₹)0.72.55.6
Dividend Payout Ratio (%)0%0%0%

Valuation of Shri Kanha Stainless - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3.776.3712.16
Share Capital ⓘ 0.870.870.87
Reserves ⓘ 2.905.5011.29
Debt +5.294.046.01
Long Term Debt5.294.046.01
Short Term Debt000
Minority Interest000
Trade Payables12.1918.9040.82
Others Liabilities ⓘ 35.7850.9447.14
Total Liabilities ⓘ 57.0380.25106.13

Fixed Assets

Net Fixed Assets ⓘ +17.0316.4017.02
Gross Block23.7024.3526.49
Accumulated Depreciation6.677.949.47
CWIP ⓘ 01.280
Investments ⓘ 1.060.771.60
Inventories13.138.5325.20
Trade Receivables10.6228.0853.60
Cash Equivalents 0.0411.970.10
Others Assets ⓘ 15.1613.218.61
Total Assets ⓘ 57.0380.25106.13

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 2.383.76-7.95
PBT ⓘ 0.953.537.68
Adjustment ⓘ 4.344.895.79
Changes in Working Capital ⓘ -2.91-4.53-20.66
Tax Paid ⓘ 0-0.13-0.77
Cash Flow From Investing Activity ⓘ + -3.22-1.413.80
Capex -3.40-1.91-0.85
Net Investments -0.040.28-0.83
Others ⓘ 0.230.225.49
Cash Flow From Financing Activity ⓘ + 0.859.58-7.72
Net Proceeds from Shares ⓘ 000
Net Proceeds from Borrowing ⓘ 1.99-1.261.98
Interest Paid ⓘ -3.55-4-4.76
Dividend Paid ⓘ 000
Others ⓘ 2.4114.83-4.93
Net Cash Flow ⓘ 011.93-11.87

Financial Ratio

PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)19.1151.3362.48
ROCE (%)51.4578.9688.71
Asset Turnover Ratio2.371.91.56
PAT to CFO Conversion(x)3.311.45-1.37
Working Capital Days
Receivable Days28.7054.20102.30
Inventory Days35.5030.3042.20
Payable Days37.6051.2088.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shri Kanha Stainless Ltd FAQs

The current trading price of Shri Kanha Stainless on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Shri Kanha Stainless stood at ₹39.74 Cr

The latest P/E ratio of Shri Kanha Stainless as of 31-Dec-1969 is 4.55.

The latest P/B ratio of Shri Kanha Stainless as of 31-Dec-1969 is 1.48.

The 52-week high of Shri Kanha Stainless is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Kanha Stainless is ₹206 ( Cr.) .

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

The key valuation ratios of Shri Kanha Stainless Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Shri Kanha Stainless Ltd

Shri Kanha Stainless was incorporated under the name and style of ‘Kanha Stainless Private Limited’, on July 10, 2015. Subsequently, the name of the company was changed to ‘Shri Kanha Stainless Private Limited’ on November 09, 2017. Further, the company was converted into a public limited company pursuant to a resolution passed by its Board of Directors in their meeting held on July 11, 2024 and by its Shareholders in an extraordinary general meeting held on August 09, 2024 and consequently the name of the company was changed to ‘Shri Kanha Stainless Limited’ on August 30, 2024.

It is a manufacturer of precision stainless steel cold rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. Its products are widely used across various sectors including the textile, automotive, chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment. With a strong focus on quality, innovation, and customer satisfaction, the company aims to be a profitable, value-driven, and ethically sound enterprise. It emphasizes understanding customer needs through clear communication, delivering exceptional service, and maintaining high ethical standards in all operations. It manufactures coils in the 200, 300, and 400 stainless steel series, with thicknesses ranging from 0.08 mm to 2.00 mm, and offers slitting from 5 mm and above in hard or soft form based on customer requirements.

It places great emphasis on quality assurance and product safety at each step of the production process, right from the procurement of its raw materials until the final product is packed and ready for distribution to ensure that the quality of its products meets the expectations of its customers and achieves maximum customer satisfaction. It also considers its quality control procedures to be the cornerstone of its business operations. It has a dedicated quality control Person in the company who is responsible for ensuring the quality of its raw material and also its finished products along with its focus on continuous improvements to its manufacturing and quality processes. It is accredited with ISO 9001: 2015, ISI certification 15997:2012 Low Nickel Austenitic Stainless-Steel Sheet and Strip for Utensils and Kitchen Appliances, IS 5522:2014 Stainless Steel Sheets and Strips for Utensils and IS 6911:2017 Stainless Steel Plate, Sheet and Strip.

Business area of the company

The company is engaged in manufacturing of precision stainless steel cold rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. Its products are widely used across various sectors including the textile, automotive, chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment.

Products of the company

  • Cold Rolling of Stainless-Steel Precision Strips
  • Stainless Steel Circle
  • Stainless Steel Sheet

Histrory and millstones

  • 2015: Incorporation of the company as a private company under the name ‘Kanha Stainless Private Limited’. 
  • 2017: The company name changed to Shri Kanha stainless private limited. 
  • 2024: The company has signed MOU with Jindal Stainless Limited with a view to seamlessly plan & execute business of the suppliers. 
  • 2024: The company was converted into a public limited company pursuant to a resolution passed by its Board of Directors in its meeting held on July 11, 2024, and by the Shareholders in an extraordinary general meeting held on August 09, 2024 and consequently the name of the company was changed to ‘Shri Kanha Stainless Limited’.

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