Is Kanani Industries Ltd (KANANIIND) 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 .

Is Kanani Industries Ltd (KANANIIND) 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 .

What is Kanani Industries Ltd (KANANIIND) share price return in the past 10 years?

Kanani Industries Ltd share price has declined -13.5% annually (CAGR) over the past ten years.

Is Kanani Industries Ltd (KANANIIND) 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.

What is the share price of Kanani Industries Ltd (KANANIIND)?

Company share prices are keep on changing according to the market conditions. The current trading price of Kanani Industries Ltd (KANANIIND) on 17-Apr-2026 16:59:59 at 16:59 is 1.72.

What is the P/E ratio of Kanani Industries?

The latest standalone P/E ratio of Kanani Industries as of 17-Apr-2026 is 45.99.

What is the P/B ratio of Kanani Industries Ltd (KANANIIND)?

The latest standalone P/B ratio of Kanani Industries Ltd (KANANIIND) as of 17-Apr-2026 is 0.75.

What is the 52-week high and low of Kanani Industries Ltd (KANANIIND)?

The 52-week high of Kanani Industries Ltd (KANANIIND) is Rs. 2.47 and the 52-week low is Rs. 1.05.

Kanani Industries Ltd (KANANIIND) Share Analysis – Brand Strength, Quality & Valuation Zone & DeciZen Rating

Name: Kanani Industries Ltd (KANANIIND)
Brand: Kanani Industries

Kanani Industries Ltd (KANANIIND) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Kanani Industries Ltd (KANANIIND)

BSE: 506184 NSE: KANANIIND

Key Metrics

Market Cap

₹34 Cr.

P/E Ratio

45.99

Price to Book (P/B)

0.75

Price to Sales (P/S)

3.34

EV/EBITDA

38.43

Return on Capital Employed (ROCE)

0.15%

Current Price

₹1.7

Return on Equity (ROE)

0.13%

Return on Assets (ROA)

0.10%

Operating Profit Margin

Net Profit Margin

INF%

Gross Profit Margin

Book Value per Share

₹2.3

Sales Growth (YoY)

-100%

Sales Growth (3 Years)

-100%

Operating Profit Growth (1 Year)

-566.67%

Operating Profit Growth (3 Years)

NAN%

Net Profit Growth (1 Year)

-64.71%

52-Week Low / High

₹1 / 2

Net Profit Growth (3 Years)

-60.24%

Dividend Yield

0.00%

Promoter Holding

33.79%

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

0.00%

Check Before You Invest

Q.1 Revenue growth of Kanani Industries Ltd?

Kanani Industries Ltd revenue growth is -100% for FY-2025 , which is in line with its 5 year CAGR of -100% , indicating stable growth.

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 Revenue growth of Kanani Industries Ltd vs industry peers?

Kanani Industries Ltd revenue CAGR is -100.00% , compared to the industry median CAGR of 5.39% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Kanani Industries Ltd belong to?

Kanani Industries Ltd belongs to the Consumer Durables sector, operating specifically within the Diamond & Jewellery segment.

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 -13.1% based on the current price.

DeciZen - make an informed investing decision on Kanani Industries

Based on:

Data

M-Cap below 100cr DeciZen not available

Kanani Industries stock performance

Key Ratios

Is Kanani Industries Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
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 ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	84.9	78.7	79.2	83.1	85.6	77.2	84.6	80.5	46.8	0	10
Sales YoY Gr.	-	-7.3%	0.7%	4.9%	3%	-9.9%	9.6%	-4.8%	-41.8%	-100%	-
Adj EPS ⓘ	0	-0.1	-0	0	0	-0	0	0	-0	-0	0
YoY Gr.	-	-700%	NA	NA	-66.7%	-200%	NA	200%	-166.7%	NA	-
BVPS (₹) ⓘ	2.1	2.1	2.1	2.1	2.2	2.2	2.2	2.3	2.3	2.3	2.3
Adj Net Profit ⓘ	0.1	-1.2	-0.6	0.6	0.1	-0.2	0.1	0.5	-0.4	-0.3	1
Cash Flow from Ops. ⓘ	6.4	-8.3	-6.3	-0.9	-0.7	3.4	-2.1	-5.5	22	0.1	-
Debt/CF from Ops. ⓘ	3	-2.7	-4.6	-33.6	-37.6	6.6	-11.8	-5.7	0.3	0.8	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-100%	-100%	-100%	-100%
Adj EPS ⓘ	-200%	-200%	-200%	NA
BVPSⓘ	1%	0.9%	0.5%	0%
Share Price	-13.5%	-3.9%	-22.2%	-25.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	0.3	-2.9	-1.4	1.3	0.3	-0.5	0.3	1.1	-0.9	-0.6	1.8
Op. Profit Mgn % ⓘ	0.6	-0.7	0.5	2.3	1.4	1.2	1	1.9	0.2	0	-0.4
Net Profit Mgn % ⓘ	0.1	-1.5	-0.7	0.7	0.1	-0.3	0.1	0.6	-0.9	0	7.8
Debt to Equity ⓘ	0.5	0.6	0.7	0.7	0.6	0.5	0.6	0.7	0.1	0	-
Working Cap Days ⓘ	180	204	230	251	271	301	274	296	411	0	0
Cash Conv. Cycle ⓘ	111	127	164	172	181	180	178	205	287	0	0

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0	0.1
TTM Sales (₹ Cr.)	10.2	195
BVPS (₹) ⓘ	2.3	3.4
Reserves (₹ Cr.) ⓘ	26	47
P/BV ⓘ	0.75	0.51
PE ⓘ	45.99	19.06

From the Market
52 Week Low / High (₹)	1.05 / 2.47
All Time Low / High (₹)	0.09 / 48.82
Market Cap (₹ Cr.)	34
Equity (₹ Cr.)	19.8
Face Value (₹)	1
Industry PE ⓘ	62.3

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Kanani Industries - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	84.88	78.72	79.24	83.13	85.64	77.17	84.56	80.49	46.82	0
Operating Expenses ⓘ +	84.33	79.28	78.88	81.22	84.45	76.25	83.69	78.93	46.73	0.42
Manufacturing Costs	0.07	0.06	0.01	0.03	0.04	0.04	0.06	0.07	0.06	0
Material Costs	83.63	78.54	78	80.32	81.83	73.55	80.63	75.96	44.62	0
Employee Cost	0.39	0.35	0.35	0.41	0.48	0.47	0.50	0.52	0.42	0.17
Other Costs ⓘ	0.24	0.34	0.51	0.46	2.10	2.19	2.49	2.38	1.63	0.25
Operating Profit ⓘ	0.54	-0.56	0.36	1.91	1.19	0.92	0.88	1.56	0.09	-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 ⓘ +	0.38	2.26	1.41	0.01	0.66	0.91	1.17	0.12	0.93	0.52
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0.40	1.13	1.20	0.95	0.98	1.21	0.83	0.97	0.79	0
Depreciation ⓘ	0.09	0.09	0.09	0.26	0.14	0.09	0.09	0.07	0.02	0.02
Profit Before Tax ⓘ	0.43	0.48	0.50	0.71	0.72	0.53	1.12	0.64	0.21	0.07
Tax ⓘ	0.08	0.09	0.10	0.14	0.16	0.08	0.19	0.13	0.04	0.01
Profit After Tax	0.35	0.39	0.40	0.57	0.57	0.44	0.93	0.50	0.17	0.06
PAT Margin (%)	0.4%	0.5%	0.5%	0.7%	0.7%	0.6%	1.1%	0.6%	0.4%	-
Adjusted EPS (₹)	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	40.76	41.16	41.56	42.13	42.69	43.14	44.07	44.57	44.74	44.80
Share Capital ⓘ	9.89	9.89	9.89	9.89	9.89	9.89	9.89	9.89	19.79	19.79
Reserves ⓘ	30.87	31.26	31.66	32.23	32.80	33.24	34.17	34.68	24.96	25.01
Debt +	19.33	22.58	29.04	30.81	25.28	22.18	24.48	31.36	5.95	0.05
Long Term Debt	1.95	1.72	4.04	5.81	4.39	2.18	0.59	10.09	5.95	0.05
Short Term Debt	17.39	20.87	25	25	20.89	20	23.89	21.27	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	18.11	13.37	14.46	19.21	23.92	20.93	22.90	13.73	11.71	11.08
Others Liabilities ⓘ	0.11	0.18	0.12	0.15	0.24	0.20	0.43	0.32	0.27	0.11
Total Liabilities ⓘ	78.31	77.30	85.17	92.30	92.13	86.45	91.88	89.98	62.67	56.04
Fixed Assets
Net Fixed Assets ⓘ +	0.61	0.53	0.46	0.55	0.42	0.32	0.34	0.23	0.21	0.16
Gross Block	1.51	1.51	1.53	1.91	1.91	1.91	2.01	1.97	1.97	1.97
Accumulated Depreciation	0.90	0.99	1.07	1.35	1.49	1.58	1.67	1.73	1.75	1.80
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	0.16	6.14	6.54	12.16	13.93	4.48	12.50	12.72	0.01	0.01
Trade Receivables	40.72	38.98	46.46	47.40	52.30	55.40	52.51	50.33	40.18	33.54
Cash Equivalents	14.35	9.34	9.47	9.97	3.77	4.03	4.15	4.12	0.01	0.02
Others Assets ⓘ	1.14	0.97	0.91	0.88	0.39	0.88	1.04	1.24	0.94	0.98
Total Assets ⓘ	78.31	77.30	85.17	92.30	92.13	86.45	91.88	89.98	62.67	56.04

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	6.44	-8.25	-6.31	-0.92	-0.67	3.37	-2.08	-5.47	21.98	0.06
PBT ⓘ	0.43	0.48	0.50	0.71	0.72	0.53	1.12	0.64	0.21	0.07
Adjustment ⓘ	0.09	0.09	0.09	0.26	0.14	0.09	0.09	1.54	0.70	0
Changes in Working Capital ⓘ	6.03	-8.78	-6.82	-1.74	-1.48	2.85	-3.14	-7.49	21.15	0
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	-0.36	0	0	-0.11	-0.17	0.11	0.05
Capex	-0	-0.01	-0.02	-0.36	0	0	-0.11	0.03	0	0.05
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	-0.20	0.11	0
Cash Flow From Financing Activity ⓘ +	-5.63	3.25	6.46	1.77	-5.53	-3.10	2.30	5.60	-26.20	-0.10
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0.18	-0.23	2.32	1.77	-1.42	-2.21	-1.59	9.50	-4.14	0
Interest Paid ⓘ	0	0	0	0	0	0	0	-1.27	-0.79	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-5.81	3.48	4.14	0	-4.11	-0.89	3.89	-2.62	-21.27	-0.10
Net Cash Flow ⓘ	0.81	-5	0.13	0.49	-6.20	0.26	0.12	-0.03	-4.11	0.01

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.85	0.95	0.97	1.36	1.34	1.03	2.14	1.14	0.38	0.13
ROCE (%)	1.33	2.61	2.52	2.31	2.43	2.6	2.92	2.23	1.58	0.15
Asset Turnover Ratio	1.09	1.01	0.98	0.94	0.93	0.86	0.95	0.89	0.61	0
PAT to CFO Conversion(x)	18.4	-21.15	-15.78	-1.61	-1.18	7.66	-2.24	-10.94	129.29	1
Working Capital Days
Receivable Days	174	185	197	206	212	255	233	233	353	0
Inventory Days	1	15	29	41	56	44	37	57	50	0
Payable Days	65	73	65	76	96	111	99	88	104	0

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Kanani Industries Ltd FAQs

The current trading price of Kanani Industries on 17-Apr-2026 16:59 is ₹1.72.

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 16-Apr-2026 the market cap of Kanani Industries stood at ₹34.03 Cr

The latest P/E ratio of Kanani Industries as of 16-Apr-2026 is 45.99.

The latest P/B ratio of Kanani Industries as of 16-Apr-2026 is 0.75.

The 52-week high of Kanani Industries is ₹2.47 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.) .

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.

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● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Kanani Industries Ltd (KANANIIND) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Kanani Industries Share Price