Is Kanishk Steel Industries Ltd (513456) a good quality company?

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

Is Kanishk Steel Industries Ltd (513456) undervalued or overvalued?

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

What is Kanishk Steel Industries Ltd (513456) share price return in the past 10 years?

Kanishk Steel Industries Ltd share price has appreciated 25% annually (CAGR) over the past ten years.

Is Kanishk Steel Industries Ltd (513456) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kanishk Steel 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 Kanishk Steel Industries Ltd (513456)?

Company share prices are keep on changing according to the market conditions. The current trading price of Kanishk Steel Industries Ltd (513456) on 05-May-2026 13:04:00 at 13:04 is 59.27.

What is the P/E ratio of Kanishk Steel Industries?

The latest standalone P/E ratio of Kanishk Steel Industries as of 05-May-2026 is 43.66.

What is the P/B ratio of Kanishk Steel Industries Ltd (513456)?

The latest standalone P/B ratio of Kanishk Steel Industries Ltd (513456) as of 05-May-2026 is 1.54.

What is the 52-week high and low of Kanishk Steel Industries Ltd (513456)?

The 52-week high of Kanishk Steel Industries Ltd (513456) is Rs. 66.00 and the 52-week low is Rs. 33.33.

Kanishk Steel Industries Ltd (513456) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Kanishk Steel Industries Ltd (513456)
Brand: Kanishk Steel Industries

Key Metrics

Market Cap

₹168 Cr.

P/E Ratio

43.66

Price to Book (P/B)

1.54

Price to Sales (P/S)

0.43

EV/EBITDA

16.34

Return on Capital Employed (ROCE)

13.00%

Current Price

₹59.3

Return on Equity (ROE)

8.42%

Return on Assets (ROA)

4.45%

Operating Profit Margin

4.2%

Net Profit Margin

2.31%

Gross Profit Margin

4.4%

Book Value per Share

₹38.2

Sales Growth (YoY)

-7.23%

Sales Growth (3 Years)

4.64%

Operating Profit Growth (1 Year)

23.12%

Operating Profit Growth (3 Years)

-22.6%

Net Profit Growth (1 Year)

220%

52-Week Low / High

₹33 / 66

Net Profit Growth (3 Years)

-31.85%

Dividend Yield

0.00%

Promoter Holding

66.82%

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

0.00%

Check Before You Invest

Q.1 Stock return of Kanishk Steel Industries Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 25.3% based on the current price.

Q.1 Revenue growth of Kanishk Steel Industries Ltd?

Kanishk Steel Industries Ltd revenue growth is -7.2% for FY-2025, which is below its 5-year CAGR of 6.96%, indicating slower growth.

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

Kanishk Steel Industries Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.

Q.1 Promoter shareholding and pledge status of Kanishk Steel Industries Ltd?

Promoters hold 66.82% of the Kanishk Steel Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Kanishk Steel Industries Ltd vs industry peers?

Kanishk Steel Industries Ltd revenue CAGR is 6.96%, compared to the industry median CAGR of 11.40%, indicating stable growth and maintaining its market share.

DeciZen - make an informed investing decision on Kanishk Steel

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

3. Price Trend

Kanishk Steel Industries stock performance

Key Ratios

Is Kanishk Steel 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 % ⓘ	21.1%	11.4%	13.7%	20.3%	6.4%	11.9%	39.5%	12.9%	5.7%	13%	-
Value Creation Index ⓘ	0.5	-0.2	0.0	0.5	-0.5	-0.2	1.8	-0.1	-0.6	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	273	229	235	330	257	245	314	402	388	360	391
Sales YoY Gr.	-	-16%	2.5%	40.7%	-22.1%	-4.6%	28.1%	28%	-3.5%	-7.2%	-
Adj EPS ⓘ	0.3	-0.6	0.6	1.2	0.3	1.8	8.7	2.5	0.8	1.9	1.4
YoY Gr.	-	-293.6%	NA	100%	-74.6%	490%	393.2%	-71.9%	-69%	147.4%	-
BVPS (₹) ⓘ	14.2	13.9	14.5	16.1	17	19.2	28.6	32.1	33.2	36.3	38.2
Adj Net Profit ⓘ	0.9	-1.7	1.7	3.4	0.9	5	24.8	7	2.2	5.4	4
Cash Flow from Ops. ⓘ	-11.9	16.6	-2.6	-6.7	2.5	-3.8	1.4	-3.3	33.5	1.4	-
Debt/CF from Ops. ⓘ	-1.8	0.9	-3.6	-2.8	6.8	-4.5	13.1	-14.8	1.6	18.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	3.1%	7%	4.6%	-7.2%
Adj EPS ⓘ	22.2%	44.4%	-40.1%	147.4%
BVPSⓘ	11%	16.4%	8.3%	9.4%
Share Price	25%	38.4%	32.5%	64%

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 % ⓘ	2	-3.7	3.6	6.8	1.7	9	34.4	7.7	2.3	5.3	3.6
Op. Profit Mgn % ⓘ	0.8	0.9	3.1	3.2	0.8	-5.2	5.7	2.4	1.8	4.2	2.7
Net Profit Mgn % ⓘ	0.3	-0.8	0.7	1	0.3	2.1	7.9	1.7	0.6	1.5	1
Debt to Equity ⓘ	0.5	0.4	0.2	0.4	0.4	0.3	0.2	0.5	0.6	0.2	-
Working Cap Days ⓘ	151	173	170	121	145	121	94	89	82	86	43
Cash Conv. Cycle ⓘ	43	68	72	48	64	60	51	50	40	45	9

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	1.4	1.8
TTM Sales (₹ Cr.)	391	273
BVPS (₹) ⓘ	38.2	0
Reserves (₹ Cr.) ⓘ	80	12
P/BV ⓘ	1.54	0.00
PE ⓘ	43.66	33.49

From the Market
52 Week Low / High (₹)	33.33 / 66.00
All Time Low / High (₹)	1.00 / 102.50
Market Cap (₹ Cr.)	168
Equity (₹ Cr.)	28.4
Face Value (₹)	10
Industry PE ⓘ	27.4

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Kanishk Steel - 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	273	229	235	330	257	245	314	402	388	360
Operating Expenses ⓘ +	270	227	228	320	255	258	296	401	381	352
Manufacturing Costs	33	32	31	31	26	34	46	47	39	74
Material Costs	234	189	191	281	218	196	237	335	335	260
Employee Cost	1	2	1	2	3	4	4	5	5	7
Other Costs ⓘ	3	4	4	6	9	24	10	15	3	11
Operating Profit ⓘ	2	2	7	10	2	-13	18	1	7	8
Operating Profit Margin (%)	0.8%	0.7%	3.0%	3.2%	0.8%	-5.2%	5.7%	0.2%	1.7%	2.3%
Other Income ⓘ +	11	7	1	2	3	22	17	16	7	12
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	5	5	5	4	2	2	2	1	4	4
Depreciation ⓘ	2	1	1	1	1	1	1	1	5	2
Profit Before Tax ⓘ	6	1	3	7	2	6	32	14	4	14
Tax ⓘ	1	1	1	3	-0	1	6	5	1	6
Profit After Tax	5	0	2	4	2	6	26	9	3	8
PAT Margin (%)	1.7%	0.2%	0.7%	1.3%	0.8%	2.3%	8.4%	2.4%	0.7%	2.3%
Adjusted EPS (₹)	1.7	0.2	0.6	1.5	0.7	2.0	9.2	3.3	0.9	2.9
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 +	47	46	47	51	53	59	85	95	97	106
Share Capital ⓘ	28	28	28	28	28	28	28	28	28	28
Reserves ⓘ	19	17	19	23	25	31	57	66	69	77
Debt +	21	15	9	19	17	17	18	45	50	25
Long Term Debt	0	0	0	0	0	0	0	26	22	0
Short Term Debt	21	15	9	19	17	17	18	19	28	25
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	54	48	55	40	30	18	20	14	20	15
Others Liabilities ⓘ	36	29	24	19	17	9	16	18	24	36
Total Liabilities ⓘ	158	138	135	128	118	103	139	172	192	182
Fixed Assets
Net Fixed Assets ⓘ +	15	12	12	11	10	9	11	51	33	31
Gross Block	50	14	14	14	14	14	17	58	40	40
Accumulated Depreciation	34	1	2	3	4	5	6	7	7	9
CWIP ⓘ	0	0	3	4	4	4	4	6	20	43
Investments ⓘ	5	3	3	2	3	23	26	11	17	10
Inventories	40	45	50	48	48	37	63	44	26	59
Trade Receivables	70	50	56	31	28	18	12	28	21	18
Cash Equivalents ⓘ	6	15	4	5	3	2	2	4	5	3
Others Assets ⓘ	21	13	7	28	22	10	22	28	69	18
Total Assets ⓘ	158	138	135	128	118	103	139	172	192	182

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 ⓘ +	-12	17	-3	-7	3	-4	1	-3	33	1
PBT ⓘ	6	1	3	7	2	6	32	14	4	14
Adjustment ⓘ	4	4	3	3	1	-2	-14	-5	4	2
Changes in Working Capital ⓘ	-19	12	-7	-14	4	-8	-16	-6	22	-15
Tax Paid ⓘ	-3	-1	-2	-3	-4	0	-0	-7	4	0
Cash Flow From Investing Activity ⓘ +	-0	-7	11	-1	1	2	-1	-26	-31	28
Capex	-1	-0	-1	-0	0	-0	-3	-40	-29	-1
Net Investments	0	1	0	-0	0	0	0	16	2	52
Others ⓘ	0	-8	11	-1	1	2	2	-2	-3	-22
Cash Flow From Financing Activity ⓘ +	14	-10	-8	8	-4	2	-0	30	1	-33
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-0	0	0	0	0	0	0	-4	-29
Interest Paid ⓘ	-3	-3	-2	-2	-2	-1	-1	-1	-4	-4
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	17	-6	-6	10	-3	3	1	31	9	0
Net Cash Flow ⓘ	2	-0	-0	0	-0	0	-0	-0	3	-3

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 (%)	12.55	1.2	3.91	9.8	4.3	11.03	38.71	11.01	2.8	8.42
ROCE (%)	21.08	11.42	13.65	20.26	6.41	11.88	39.52	12.87	5.66	13
Asset Turnover Ratio	1.99	1.7	1.74	2.51	2.09	2.22	2.59	2.58	2.13	1.92
PAT to CFO Conversion(x)	-2.4	N/A	-1.5	-1.75	1.5	-0.67	0.04	-0.33	11	0.13
Working Capital Days
Receivable Days	69	87	81.10	47.60	41.60	34.10	17.30	17.90	23	19.90
Inventory Days	52.90	61.60	72.90	54.30	68.20	63.10	57.90	48.50	33.40	43.50
Payable Days	90.40	98.10	98.10	61.10	58.30	44.70	29.40	18.60	18.80	25.20

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Announcements

Kanishk Steel Industries Ltd FAQs

The current trading price of Kanishk Steel on 05-May-2026 13:04 is ₹59.27.

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 04-May-2026 the market cap of Kanishk Steel stood at ₹167.9 Cr

The latest P/E ratio of Kanishk Steel as of 04-May-2026 is 43.66.

The latest P/B ratio of Kanishk Steel as of 04-May-2026 is 1.54.

The 52-week high of Kanishk Steel is ₹66.00 and the 52-week low is ₹33.33.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kanishk Steel is ₹391 ( Cr.) .

About Kanishk Steel Industries Ltd

Kanishk Steel Industries Ltd. was incorporated on March 1, 1989 as Kanishk Steel Industries Pvt.Ltd. and was converted into a Public Limited Company on April 24,1992. It is a part of OPG Enterprises Group. Kanishk Steel was promoted by late O.P Gupta, who established steel related business in Chennai, Salem and Mayavaram in Tamilnadu. Kanishk Steel Industries is an ISO 9001:2000 certified company listed in BSE.

Kanishk Steel Industries has a turnover of Rs.273.93 crores and the group turnover is of Rs.500 Crore. Kanishk Steel employs around 450 people. The company manufactures steel products (finished goods) both Constructional steel and Structural steel conforming to the Bureau of Indian Standards BIS 1786 and IS 2062 (equivalent to ASTM, BS, DIN). .

Kanishk Steelâ€™s corporate office is located at N0.26, Mooker Nallamuthu Street, Chennai with its TMT Bars and Structurals manufacturing unit and sponge iron plant at Gummidipoondi.

Kanishk Steel Industries has established facilities in Gummidipoondi, Thiruvallur district of Tamilnadu, which is about 40 kms from Chennai. The facility uses the latest technology machinery to manufacture top quality TMT bars, CTD bars; structural steel items like wire rods, joists, profiles, channels, rounds, angles, special profiles, wire rods, spring steel flats and carbon alloy construction steel.

The Gummidipoondi facility has received the ISO 9001:2000 certification for the manufacturing and supply of TMT Bars and Structural steel products. The certification recognises the high-quality manufacturing system and success in giving the best for Kanishk Steel's customers. It confirms the quality of the services and operations of the company and underscores the value created for the customers.

Kanishk Steel has the latest testing equipment - SpectroMAXx Spectrometer at its Gummidipoondi facility. With this, the testing equipment at the facility will be the best ensuring better, efficient, accurate and precise analysis in the quality of the products being manufactured. The SpectroMAXx will further enhance the existing stringent quality process at Kanishk Steel and provide competitive advantage in the entire process of manufacturing from selection of the raw material to the finished product. The SpectroMAXx has been specifically equipped for Kanishk Steel's requirements

A sponge iron plant has been set up in Gummidipoondi with an annual capacity of 60,000 tons. The sponge iron from the plant is used as raw material for the steel mill, which will in turn be used for manufacturing TMT bars. It has the flexibility of using indigenous 100 per cent iron ore lumps or any mix of lump ore and pellets.

Subsidiary of the company

OPG energy- OPG Energy, the subsidiary of Kanishk Steel Industries Ltd., has 11 windmills in Coimbatore district and 2 windmills in Tirunelveli district of Tamilnadu. The total capacity of energy produced is 3.535 MW. The natural gas-based power-generating plant is situated in Myladuthurai, about 275 kms south of Chennai in Tamilnadu with an installed capacity of 17.98 MW energy.

Product range of the company includes:

TMT Bars
Structurals
Sponge Iron
Trading of HMS and shredded scrap iron

Clientele:

The major clients of Kanishk Steel include BHEL, NLC, ICF, Department of Atomic Energy; State Government departments like TANSI, DRDA and others. Kanishk Steel also supplies to large private sector companies like ITD Cementation India, Singapore Realty and Shapoorji Pallonji,DLF and Khivraj Techpark amongst others .

Achievements/ recognition:

Kanishk Steel Industries is an ISO 9001:2000 certified company listed in BSE.

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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BSE Enlistment No:	1187
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Kanishk Steel Industries Ltd (513456) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Kanishk Steel Share Price