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Kenrik Industries Ltd (544398)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544398 NSE: Diamond & Jewellery | Small Cap | Kenrik Industries Share Price

₹7.88 0.00 (0.00%)

As on 25-Jun'26 16:59

Kenrik Industries Ltd (544398)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544398 NSE: Diamond & Jewellery | Small Cap | Kenrik Industries Share Price

₹7.88 0.00 (0.00%)

As on 25-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹10 Cr.
Current Price
₹7.9
52-Week Low / High
₹6 / 15
TTM EPS
₹0
TTM Sales
₹80.2 Cr.
Book Value per Share
₹17.9
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
55.1
Price to Book (P/B)
0.44
Lower than its 5-year historical median
Price to Sales (P/S)
0.12
Lower than its 5-year historical median
EV/EBITDA
170.37
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
7.58%
Underperforms industry median
Return on Capital Employed (ROCE)
10.63%
In line with industry median
Return on Assets (ROA)
5.93%
Operating Profit Margin
2%
Net Profit Margin
1.33%
Gross Profit Margin
2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
5.61%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
15.87%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-7.48%
Asset Quality
Promoter Holding
72.01%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹10 Cr.
Equity
₹12.5 Cr.
Face Value
₹10
All Time Low / High
₹5.55 / 27.57

Kenrik Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Kenrik Industries Ltd a good quality company?
Kenrik 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 Kenrik Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kenrik Industries Ltd vs industry peers?
Kenrik Industries Ltd revenue CAGR is 31.87%, compared to the industry median CAGR of 13.71%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kenrik Industries Ltd?
Promoters hold 72.01% of the Kenrik Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kenrik Industries Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -56.87% 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.
Kenrik 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'22Mar'23Mar'24Mar'25TTM
ROCE % 4.6%5.5%11.1%10.6%-
Value Creation
Index
-0.7-0.6-0.2-0.2-

Growth Parameters

Sales 32.651.970.874.780
Sales YoY Gr.-59.2%36.4%5.6%-
Adj EPS 0.40.51.21.10
YoY Gr.-23.3%124.5%-7.6%-
BVPS (₹) 12.312.81415.117.9
Adj Net
Profit
0.40.51.110
Cash Flow from Ops. -50.32.2-2.5-
Debt/CF from Ops. -0.120.4-0.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA31.9%5.6%
Adj EPS NANA36.8%-7.6%
BVPSNANA7.1%7.9%
Share Price - - - -45.5%

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
3.54.28.97.60
Op. Profit
Mgn %
1.411.82NAN
Net Profit
Mgn %
1.20.91.51.30
Debt to
Equity
00.10.10.1-
Working Cap
Days
09874750
Cash Conv.
Cycle
07658610

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales32.5951.8870.7774.74
Operating Expenses + 32.1451.3769.5173.28
Manufacturing Costs0000.01
Material Costs31.8950.9569.1572.74
Employee Cost 0.160.160.230.21
Other Costs 0.100.260.120.33
Operating Profit 0.440.511.261.46
Operating Profit Margin (%) 1.4%1.0%1.8%2.0%
Other Income + 0.100.160.170.04
Exceptional Items 0000
Interest 0000
Depreciation 0.020.020.010.01
Profit Before Tax 0.520.651.421.49
Tax 0.140.180.350.49
Profit After Tax 0.390.471.070.99
PAT Margin (%) 1.2%0.9%1.5%1.3%
Adjusted EPS (₹)0.40.51.21.1
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Kenrik 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'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 11.0711.5412.6013.60
Share Capital 9999
Reserves 2.072.543.604.60
Debt +0.350.570.781.06
Long Term Debt0000
Short Term Debt0.350.570.781.06
Minority Interest0000
Trade Payables0.902.791.852.35
Others Liabilities 0.150.690.520.70
Total Liabilities 12.4715.5915.7517.72

Fixed Assets

Net Fixed Assets +0.100.080.060.05
Gross Block0.270.270.270.26
Accumulated Depreciation0.170.190.210.21
CWIP 0000
Investments 0000
Inventories6.9910.0110.7513.37
Trade Receivables4.214.191.783.34
Cash Equivalents 0.010.012.660.18
Others Assets 1.151.310.500.77
Total Assets 12.4715.5915.7517.72

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -5.020.292.20-2.53
PBT 0.520.651.421.49
Adjustment 0.020.02-0.16-0.03
Changes in Working Capital -5.43-0.251.3-3.5
Tax Paid -0.13-0.14-0.36-0.49
Cash Flow From Investing Activity + -0.01-0.510.38-0.24
Capex -0.01000
Net Investments 0000
Others 0-0.510.38-0.24
Cash Flow From Financing Activity + 5.020.220.070.29
Net Proceeds from Shares 4.80000
Net Proceeds from Borrowing 000.070.29
Interest Paid 0000
Dividend Paid 0000
Others 0.220.2200
Net Cash Flow -0.01-02.65-2.48

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.514.28.877.58
ROCE (%)4.615.5411.1310.63
Asset Turnover Ratio2.613.74.524.47
PAT to CFO Conversion(x)-12.870.622.06-2.56
Working Capital Days
Receivable Days47.2029.6015.4012.50
Inventory Days78.3059.8053.5058.90
Payable Days10.3013.2012.3010.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kenrik Industries Ltd FAQs

The current trading price of Kenrik Industries on 25-Jun-2026 16:59 is ₹7.88.

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 24-Jun-2026 the market cap of Kenrik Industries stood at ₹9.85 Cr

The latest P/E ratio of Kenrik Industries as of 24-Jun-2026 is 0.00.

The latest P/B ratio of Kenrik Industries as of 24-Jun-2026 is 0.44.

The 52-week high of Kenrik Industries is ₹14.99 and the 52-week low is ₹5.55.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kenrik Industries is ₹80.19 ( Cr.) .

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

The key valuation ratios of Kenrik 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 Kenrik Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Kenrik Industries Ltd

Kenrik Industries Limited was originally incorporated as ‘Kenrik Industries Private Limited’ on February 28, 2017 under the provision of the Companies Act, 2013 issued by the Deputy Registrar of Companies for and on behalf of the Jurisdictional Registrar of Companies, Registrar of Companies, Central Registration Centre. Subsequently, the company was converted into a Public Limited Company under the Companies Act, 2013 and the name of the Company was changed to ‘Kenrik Industries Limited’ vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated April 27, 2018 issued by Assistant Registrar of Companies, Ahmedabad.

The company was originally incorporated as a private limited company on February 28, 2017 and since then, commenced its business in manufacturing, wholesaling and supplying of plain and studded gold Jewellery and Ornaments. The company is mainly focused on traditional Indian jewellery. Its products include handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, cubic zirconia etc. Its product portfolio includes rings, earrings, armlet, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. Its products cater to the customers across high-end, mid-market and value market segments. The jewelleries are made as per the specific requirements by the customer and the same are manufactured on job work basis at its manufacturing unit situated in Ahmedabad, Gujarat.

Although, the company has several regular suppliers with whom it frequently sources its raw material from, the company does not have any fixed supplier contracts. The primary reason for not having any long-term supply contracts is the volatility in pricing of the raw material which makes it impossible to have any long-term arrangement. The raw material it requires is essentially gold which is a very standardised product and is widely available from a number of suppliers. Availability of raw materials is generally not a big issue in the business. The company maintains full flexibility in sourcing, ensuring that the company can take advantage of competitive pricing and better-quality materials from various suppliers in the market. 

The company operates its business in a region that is well known for its dynamic bullion and jewellery market, where numerous buyers and sellers interact, providing the company with ample opportunities to connect with a diverse range of suppliers. This enables the company to pivot quickly and choose from a broad range of vendors depending on current market conditions.

Business area of the company

The company is engaged in the business of dealing in a broad variety of gold and silver ornaments and bullion.

Products of the company

  • Traditional jewellery
  • Contemporary jewellery
  • Customized jewellery
  • Bridal jewellery
  • Men’s jewellery

History and milestones

  • 2017: Company incorporated as a Private Limited Company in the name of ‘Kenrik Industries Private Limited’.
  • 2018: Company converted from Private Limited Company to Public Limited Company i.e., ‘Kenrik Industries Limited’.

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