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Kanishk Aluminium India Ltd (544693)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544693 NSE: Aluminium & Aluminium Products | Small Cap | Kanishk Aluminium Share Price

₹30.20 0.00 (0.00%)

As on 04-Jun'26 16:59

Kanishk Aluminium India Ltd (544693)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544693 NSE: Aluminium & Aluminium Products | Small Cap | Kanishk Aluminium Share Price

₹30.20 0.00 (0.00%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹41 Cr.
Current Price
₹30.2
52-Week Low / High
₹23 / 58
TTM EPS
₹3.1
TTM Sales
₹78.7 Cr.
Book Value per Share
₹33.8
P/E Ratio
9.85
Lower than its 5-year historical median
Industry PE
13.6
Price to Book (P/B)
0.89
Lower than its 5-year historical median
Price to Sales (P/S)
0.52
Lower than its 5-year historical median
EV/EBITDA
7.14
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
20.21%
Outperforms industry median
Return on Capital Employed (ROCE)
16.09%
Outperforms industry median
Return on Assets (ROA)
6.64%
Operating Profit Margin
10.8%
Net Profit Margin
5.09%
Gross Profit Margin
8.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
0.81%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
46.74%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
100%
Asset Quality
Promoter Holding
70.24%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹32 Cr.
Equity
₹13.4 Cr.
Face Value
₹10
All Time Low / High
₹22.96 / 58.40

Kanishk Aluminium India stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Kanishk Aluminium India Ltd a good quality company?
Kanishk Aluminium India 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 Kanishk Aluminium India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kanishk Aluminium India Ltd vs industry peers?
Kanishk Aluminium India Ltd revenue CAGR is 19.78%, compared to the industry median CAGR of 6.7%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kanishk Aluminium India Ltd?
Promoters hold 70.24% of the Kanishk Aluminium India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kanishk Aluminium India Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% 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.
Kanishk Aluminium India 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 % 8.2%12.8%11.7%16.1%-
Value Creation
Index
-0.4-0.1-0.20.2-

Growth Parameters

Sales 34.859.259.359.879
Sales YoY Gr.-70.1%0.2%0.8%-
Adj EPS 0.32.11.63.33.1
YoY Gr.-562.5%-25%108.8%-
BVPS (₹) 5.47.714.317.633.8
Adj Net
Profit
0.31.71.53.14
Cash Flow from Ops. 2.8-2.13.1-1.8-
Debt/CF from Ops. 7.1-12.96.8-12.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA19.8%0.8%
Adj EPS NANA118.1%108.8%
BVPSNANA48.1%22.5%
Share Price - - - -

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
5.932.415.320.812
Op. Profit
Mgn %
6.66.17.310.8NAN
Net Profit
Mgn %
0.72.82.55.25.3
Debt to
Equity
4.74.41.51.4-
Working Cap
Days
01131481930
Cash Conv.
Cycle
0841121420

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales34.7959.1659.3059.78
Operating Expenses + 32.5155.565553.47
Manufacturing Costs0.911.431.711.37
Material Costs30.1151.7051.1649.08
Employee Cost 0.460.510.650.93
Other Costs 1.031.921.482.09
Operating Profit 2.283.604.306.31
Operating Profit Margin (%) 6.6%6.1%7.3%10.6%
Other Income + 0.130.520.230.35
Exceptional Items 0000
Interest 1.571.772.101.73
Depreciation 0.420.500.640.74
Profit Before Tax 0.421.861.804.20
Tax 0.170.090.281.16
Profit After Tax 0.261.761.523.04
PAT Margin (%) 0.7%3.0%2.6%5.1%
Adjusted EPS (₹)0.32.31.63.2
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Kanishk Aluminium - 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 + 4.246.0113.5316.57
Share Capital 4.904.905.909.44
Reserves -0.661.117.637.13
Debt +19.9624.7019.4122.05
Long Term Debt9.256.804.887.01
Short Term Debt10.7117.9014.5315.04
Minority Interest0000
Trade Payables1.733.275.448.27
Others Liabilities 0.853.122.713.61
Total Liabilities 26.7937.1141.0950.50

Fixed Assets

Net Fixed Assets +9.9514.7515.4112.88
Gross Block10.8616.1617.4715.67
Accumulated Depreciation0.911.412.052.79
CWIP 2.67000
Investments 0000
Inventories10.0815.3816.6024.49
Trade Receivables1.824.878.5410.88
Cash Equivalents 0.010.030.080.11
Others Assets 2.272.080.462.13
Total Assets 26.7937.1141.0950.50

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2.82-2.063.06-1.76
PBT 0.421.861.804.20
Adjustment 1.992.372.732.66
Changes in Working Capital 0.41-6.27-1.4-7.59
Tax Paid 0-0.02-0.07-1.04
Cash Flow From Investing Activity + -2.33-2.63-1.311.62
Capex -2.33-2.63-1.311.62
Net Investments 0000
Others 0000
Cash Flow From Financing Activity + -0.514.71-1.700.17
Net Proceeds from Shares 0060
Net Proceeds from Borrowing -7.65-2.71-2.231.39
Interest Paid -1.57-1.77-2.10-1.73
Dividend Paid 0000
Others 8.719.19-3.370.51
Net Cash Flow -0.020.020.050.03

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)6.0134.4115.5920.21
ROCE (%)8.2112.8111.6616.09
Asset Turnover Ratio1.31.851.521.31
PAT to CFO Conversion(x)10.85-1.172.01-0.58
Working Capital Days
Receivable Days19.1020.6041.3059.30
Inventory Days105.8078.6098.40125.50
Payable Days2117.7031.1051

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kanishk Aluminium India Ltd FAQs

The current trading price of Kanishk Aluminium on 04-Jun-2026 16:59 is ₹30.20.

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 03-Jun-2026 the market cap of Kanishk Aluminium stood at ₹40.59 Cr

The latest P/E ratio of Kanishk Aluminium as of 03-Jun-2026 is 9.85.

The latest P/B ratio of Kanishk Aluminium as of 03-Jun-2026 is 0.89.

The 52-week high of Kanishk Aluminium is ₹58.40 and the 52-week low is ₹22.96.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kanishk Aluminium is ₹78.65 ( Cr.) .

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

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

About Kanishk Aluminium India Ltd

Kanishk Aluminium India was originally incorporated as Company Limited by Shares under the name Kanishk Aluminium Extrusions Private Limited under the provisions of the Companies Act, 2013 and the Certificate of Incorporation was issued by Central Registration Centre, Manesar on December 05, 2018.

The company specializes in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding / fixed windows and doors profiles. Its products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture. Its mission is to consistently deliver sustainable value to its customers by offering quality products and services at optimal costs. It achieves this through continuous improvement, integrity, and excellence in every aspect of itsoperations.

In November 2024, it has proudly launched its brand, ‘Baari by Kanishk’, which focuses on aluminium system doors and windows. At Baari, it designs and manufactures a wide range of doors and window systems, including sliding doors, casement series, slide-and-fold doors, lift-and-slide doors, fixed panels etc. All complete frames for doors and windows are manufactured in-house using advanced techniques to ensure durability and precision. Surface treatments such as anodizing, polishing, and powder coating are carried out by trusted third-party partners with whom it maintains long-standing relationships. Once the profiles are ready, it personally oversees the fabrication and installation process at its customers’ sites to ensure seamless service and uncompromised quality.

Its primary raw material is aluminium, sourced from both pure aluminium ingots and recycled aluminium products, procured from domestic markets. It manufactures aluminium extrusions that serve a wide range of applications, including: Engineering products: Solar panel frames, automotive components, and transportation systems, electrical & electronics: Conductive profiles and Architectural products: Aluminium doors, kitchen profiles, and window frames. This diverse application range highlights its commitment to quality and sustainability in aluminium manufacturing.

Business area of the company

Kanishk Aluminium India is engaged in manufacturing of Aluminium Profiles and other articles through Extrusion process. Its products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture. Its mission is to consistently deliver exceptional value to its customers by offering superior-quality products and services at optimal costs.

Products of the company

  • Hardware products
  • Architectural products
  • Railing products
  • Engineering products
  • Kitchen profiles
  • Solar products
  • Automobile components
  • Electronics components
  • Electrical products
  • Mechanical products
  • Facade systems
  • Ladders
  • Louvers
  • Window solutions
  • Door solutions

History and milestones

  • 2018: Incorporated as Kanishk Aluminium Extrusion Private Limited.
  • 2019: Successfully commissioned the first indigenous die shop and produced the inaugural die.
  • 2019: Launched the first extrusion press.
  • 2022: Secured the first international export order from the United Kingdom, initiating global operations.
  • 2022: Name Change of the Company from Kanishk Aluminium Extrusion Private Limited to Kanishk Aluminium India Private Limited.
  • 2023: Joined Rajasthan Export Promotion Council (REPC) as a member. 
  • 2023: Awarded Best Exhibitor in the Non-Metal Category at the REPC International Expo 2023. 
  • 2023: Obtained ISO 9001:2015 certification. 
  • 2023: Began partnerships with OEMs and Tier-1 companies.
  • 2024: Joined the Aluminium Extrusion Manufacturer Association of India. 
  • 2024: Launched 'BAARI BY KANISHK,' its premium brand for Aluminium System Doors and Windows.
  • 2024: Conversion of the Company from Private Limited to Public Limited Company.

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