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Kanani Industries Ltd (KANANIIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506184 NSE: KANANIIND Diamond & Jewellery | Small Cap | Kanani Industries Share Price

₹1.58 0.05 (3.27%)

As on 12-Jun'26 09:47

Kanani Industries Ltd (KANANIIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506184 NSE: KANANIIND Diamond & Jewellery | Small Cap | Kanani Industries Share Price

₹1.58 0.05 (3.27%)

As on 12-Jun'26 09:47

Key Metrics
Valuation Multiples
Market Cap
₹30 Cr.
Current Price
₹1.6
52-Week Low / High
₹1 / 2
TTM EPS
₹0
TTM Sales
₹10.2 Cr.
Book Value per Share
₹2.3
P/E Ratio
102.97
Lower than its 5-year historical median
Industry PE
49.4
Price to Book (P/B)
0.67
Lower than its 5-year historical median
Price to Sales (P/S)
2.97
Higher than its 5-year historical median
EV/EBITDA
84.47
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.13%
Underperforms industry median
Return on Capital Employed (ROCE)
0.15%
Underperforms industry median
Return on Assets (ROA)
0.10%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Steady versus 3-year growth rate
-100%
Operating Profit Growth (1 Year)
-
-566.67%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-64.71%
Asset Quality
Promoter Holding
33.79%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹25 Cr.
Equity
₹19.8 Cr.
Face Value
₹1
All Time Low / High
₹0.09 / 48.82

Kanani Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Kanani Industries Ltd a good quality company?
Kanani Industries 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.

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.

How does Kanani Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kanani Industries Ltd vs industry peers?
Kanani Industries Ltd revenue CAGR is -100.00%, compared to the industry median CAGR of 3.81%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Kanani Industries Ltd?
Promoters hold 33.79% of the Kanani Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kanani Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -13.9% based on the current price.

10 Year X-Ray :

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.
Kanani Industries 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 1.3%2.6%2.5%2.3%2.4%2.6%2.9%2.2%1.6%0.2%-
Value Creation
Index
-0.9-0.8-0.8-0.8-0.8-0.8-0.8-0.8-0.9-1.0-

Growth Parameters

Sales 84.978.779.283.185.677.284.680.546.8010
Sales YoY Gr.--7.3%0.7%4.9%3%-9.9%9.6%-4.8%-41.8%-100%-
Adj EPS 0-0.1-000-000-0-00
YoY Gr.--700%NANA-66.7%-200%NA200%-166.7%NA-
BVPS (₹) 2.12.12.12.12.22.22.22.32.32.32.3
Adj Net
Profit
0.1-1.2-0.60.60.1-0.20.10.5-0.4-0.30
Cash Flow from Ops. 6.4-8.3-6.3-0.9-0.73.4-2.1-5.5220.1-
Debt/CF from Ops. 3-2.7-4.6-33.6-37.66.6-11.8-5.70.30.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -200%-200%-200%NA
BVPS1%0.9%0.5%0%
Share Price -16.2% -14.2% -26.9% -28.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.3-2.9-1.41.30.3-0.50.31.1-0.9-0.60.4
Op. Profit
Mgn %
0.6-0.70.52.31.41.211.90.20-0.4
Net Profit
Mgn %
0.1-1.5-0.70.70.1-0.30.10.6-0.901.9
Debt to
Equity
0.50.60.70.70.60.50.60.70.100
Working Cap
Days
18020423025127130127429641100
Cash Conv.
Cycle
11112716417218118017820528700

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales84.8878.7279.2483.1385.6477.1784.5680.4946.820
Operating Expenses + 84.3379.2878.8881.2284.4576.2583.6978.9346.730.42
Manufacturing Costs0.070.060.010.030.040.040.060.070.060
Material Costs83.6378.547880.3281.8373.5580.6375.9644.620
Employee Cost 0.390.350.350.410.480.470.500.520.420.17
Other Costs 0.240.340.510.462.102.192.492.381.630.25
Operating Profit 0.54-0.560.361.911.190.920.881.560.09-0.42
Operating Profit Margin (%) 0.6%-0.7%0.5%2.3%1.4%1.2%1.0%1.9%0.2%-
Other Income + 0.382.261.410.010.660.911.170.120.930.52
Exceptional Items 0000000000
Interest 0.401.131.200.950.981.210.830.970.790
Depreciation 0.090.090.090.260.140.090.090.070.020.02
Profit Before Tax 0.430.480.500.710.720.531.120.640.210.07
Tax 0.080.090.100.140.160.080.190.130.040.01
Profit After Tax 0.350.390.400.570.570.440.930.500.170.06
PAT Margin (%) 0.4%0.5%0.5%0.7%0.7%0.6%1.1%0.6%0.4%-
Adjusted EPS (₹)0.00.00.00.00.00.00.10.00.00.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Kanani Industries - 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 40.7641.1641.5642.1342.6943.1444.0744.5744.7444.80
Share Capital 9.899.899.899.899.899.899.899.8919.7919.79
Reserves 30.8731.2631.6632.2332.8033.2434.1734.6824.9625.01
Debt +19.3322.5829.0430.8125.2822.1824.4831.365.950.05
Long Term Debt1.951.724.045.814.392.180.5910.095.950.05
Short Term Debt17.3920.87252520.892023.8921.2700
Minority Interest0000000000
Trade Payables18.1113.3714.4619.2123.9220.9322.9013.7311.7111.08
Others Liabilities 0.110.180.120.150.240.200.430.320.270.11
Total Liabilities 78.3177.3085.1792.3092.1386.4591.8889.9862.6756.04

Fixed Assets

Net Fixed Assets +0.610.530.460.550.420.320.340.230.210.16
Gross Block1.511.511.531.911.911.912.011.971.971.97
Accumulated Depreciation0.900.991.071.351.491.581.671.731.751.80
CWIP 0000000000
Investments 21.3421.3421.3421.3421.3421.3421.3421.3421.3421.34
Inventories0.166.146.5412.1613.934.4812.5012.720.010.01
Trade Receivables40.7238.9846.4647.4052.3055.4052.5150.3340.1833.54
Cash Equivalents 14.359.349.479.973.774.034.154.120.010.02
Others Assets 1.140.970.910.880.390.881.041.240.940.98
Total Assets 78.3177.3085.1792.3092.1386.4591.8889.9862.6756.04

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 6.44-8.25-6.31-0.92-0.673.37-2.08-5.4721.980.06
PBT 0.430.480.500.710.720.531.120.640.210.07
Adjustment 0.090.090.090.260.140.090.091.540.700
Changes in Working Capital 6.03-8.78-6.82-1.74-1.482.85-3.14-7.4921.150
Tax Paid -0.11-0.04-0.07-0.15-0.06-0.10-0.14-0.16-0.09-0.01
Cash Flow From Investing Activity + -0-0.01-0.02-0.3600-0.11-0.170.110.05
Capex -0-0.01-0.02-0.3600-0.110.0300.05
Net Investments 0000000000
Others 0000000-0.200.110
Cash Flow From Financing Activity + -5.633.256.461.77-5.53-3.102.305.60-26.20-0.10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.18-0.232.321.77-1.42-2.21-1.599.50-4.140
Interest Paid 0000000-1.27-0.790
Dividend Paid 0000000000
Others -5.813.484.140-4.11-0.893.89-2.62-21.27-0.10
Net Cash Flow 0.81-50.130.49-6.200.260.12-0.03-4.110.01

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.850.950.971.361.341.032.141.140.380.13
ROCE (%)1.332.612.522.312.432.62.922.231.580.15
Asset Turnover Ratio1.091.010.980.940.930.860.950.890.610
PAT to CFO Conversion(x)18.4-21.15-15.78-1.61-1.187.66-2.24-10.94129.291
Working Capital Days
Receivable Days174.10184.70196.80206.10212.50254.70232.90233.20352.800
Inventory Days1.3014.6029.2041.1055.6043.5036.7057.2049.600
Payable Days65.1073.2065.1076.5096.20111.3099.2088104.100

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kanani Industries Ltd FAQs

The current trading price of Kanani Industries on 12-Jun-2026 09:47 is ₹1.58.

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 11-Jun-2026 the market cap of Kanani Industries stood at ₹30.27 Cr

The latest P/E ratio of Kanani Industries as of 11-Jun-2026 is 103.0.

The latest P/B ratio of Kanani Industries as of 11-Jun-2026 is 0.67.

The 52-week high of Kanani Industries is ₹2.32 and the 52-week low is ₹1.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kanani Industries is ₹10.21 ( Cr.) .

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

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

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.

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 “Shivlaxmi Mercantile Company Limited” (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 “Kanani Industries Limited” 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.Kanani’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.

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