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Karnika Industries Ltd (KARNIKA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: KARNIKA Textile | Small Cap | Karnika Industries Share Price

BSE Share Price
Not Listed

Karnika Industries Ltd (KARNIKA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: KARNIKA Textile | Small Cap | Karnika Industries Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹838 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹6.1
TTM Sales
₹325 Cr.
Book Value per Share
₹17
P/E Ratio
22.35
Lower than its 5-year historical median
Industry PE
34.9
Price to Book (P/B)
7.94
In line with its 5-year historical median
Price to Sales (P/S)
2.58
Lower than its 5-year historical median
EV/EBITDA
15.11
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
29.44%
Return on Capital Employed (ROCE)
25.77%
Return on Assets (ROA)
13.26%
Operating Profit Margin
0%
Net Profit Margin
11.42%
Gross Profit Margin
16.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
35.58%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
73.39%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹44 Cr.
Equity
₹62 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Karnika Industries stock performance

Key Ratios
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Valuation

Overvalued

Price Trend

Strong
Q.1 Is Karnika Industries Ltd a good quality company?
Karnika Industries Ltd is a weak quality company, based on a inconsistent 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 Karnika Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Karnika Industries Ltd vs industry peers?
Karnika Industries Ltd revenue CAGR is 58.18%, compared to the industry median CAGR of %, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Karnika Industries Ltd?
Promoters hold 73.39% of the Karnika Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Karnika Industries Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 17.63% 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.
Karnika 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'23Mar'24Mar'25TTM
ROCE % ⓘ23.1%21.1%24.3%-
Value Creation
Index ⓘ
0.70.50.7-

Growth Parameters ⓘ

Sales ⓘ125127173263
Sales YoY Gr.-2.2%35.6%-
Adj EPS ⓘ1.81.62.75.2
YoY Gr.--9.6%70%-
BVPS (₹) ⓘ3.98.611.416.5
Adj Net
Profit ⓘ
8.19.916.832
Cash Flow from Ops. ⓘ-53.1-63.3-
Debt/CF from Ops. ⓘ-1-8.618.3-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA35.6%
Adj EPS ⓘNANANA70%
BVPSⓘNANANA33.3%
Share Price - - 17.6% -25.7%

Key Financial Parameters ⓘ

Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ
452827.237.4
Op. Profit
Mgn % ⓘ
12.214.215.115.6
Net Profit
Mgn % ⓘ
6.57.89.812.3
Debt to
Equity ⓘ
2.910.90.1
Working Cap
Days ⓘ
0284255118
Cash Conv.
Cycle ⓘ
020019453

Valuation of Karnika Industries - Consolidated

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!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'26
Sales248
Operating Expenses ⓘ + 211
Manufacturing Costs27
Material Costs165
Employee Cost 8
Other Costs ⓘ 11
Operating Profit ⓘ 37
Operating Profit Margin (%) 15.0%
Other Income ⓘ + 9
Exceptional Items ⓘ 0
Interest ⓘ 5
Depreciation ⓘ 2
Profit Before Tax ⓘ 39
Tax ⓘ 10
Profit After Tax 28
PAT Margin (%) 11.4%
Adjusted EPS (₹)4.5
Dividend Payout Ratio (%)2.20%
PARTICULARSMar'26

Equity and Liabilities

Shareholders Fund + 96
Share Capital ⓘ 62
Reserves ⓘ 34
Debt +75
Long Term Debt1
Short Term Debt74
Minority Interest2
Trade Payables34
Others Liabilities ⓘ 7
Total Liabilities ⓘ 214

Fixed Assets

Net Fixed Assets ⓘ +6
Gross Block10
Accumulated Depreciation4
CWIP ⓘ 1
Investments ⓘ 20
Inventories58
Trade Receivables88
Cash Equivalents 0
Others Assets ⓘ 41
Total Assets ⓘ 214
PARTICULARSMar'26
Cash Flow From Operating Activity ⓘ + 16
PBT ⓘ 39
Adjustment ⓘ 8
Changes in Working Capital ⓘ -20
Tax Paid ⓘ -11
Cash Flow From Investing Activity ⓘ + -22
Capex -0
Net Investments -16
Others ⓘ -6
Cash Flow From Financing Activity ⓘ + 5
Net Proceeds from Shares ⓘ 0
Net Proceeds from Borrowing ⓘ -1
Interest Paid ⓘ -5
Dividend Paid ⓘ -1
Others ⓘ 12
Net Cash Flow ⓘ -0
PARTICULARSMar'26
Ratios
ROE (%)29.44
ROCE (%)25.77
Asset Turnover Ratio1.16
PAT to CFO Conversion(x)0.57
Working Capital Days
Receivable Days128.80
Inventory Days85.20
Payable Days75

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Announcements

Karnika Industries Ltd FAQs

The current trading price of Karnika Industries on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Karnika Industries stood at ₹837.9 Cr

The latest P/E ratio of Karnika Industries as of 31-Dec-1969 is 25.87.

The latest P/B ratio of Karnika Industries as of 31-Dec-1969 is 8.18.

The 52-week high of Karnika Industries is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Karnika Industries is ₹263 ( Cr.) .

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

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

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Karnika Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Karnika Industries Ltd

Karnika Industries was originally incorporated on April 13, 2022 as ‘Karnika Industries Limited’ pursuant to the conversion of a Partnership Firm named M/s Karni International into Public Limited Company vide Registration No. 253035 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre.

The Company is an ISO 14001:2015 certified manufacturer through job work, trader and exporter of garments. It basically manufacture through job work all types of kids wear i.e., shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc. It has constructed well-established manufacturing units for designing, preparation of sample, quality inspection, ironing and packing of Garments that is equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit. Machinery that is equipped in its infrastructure is operated by its highly experienced team of professionals. It is manufacturing majority of its products through job work, it is capable of undertaking bulk requirements of its clients and deliver within stipulated time schedule.

The company majorly focuses in high quality of fabrics and garments, delivering quality textiles and maintaining long term association with its clients. The level of advancement determines the productivity of machines and labour, which in turn, determines the production and profitability of the company. Its technical team is equipped with modern technology and processing techniques by virtue of which it is able to ensure quality output. It sells its products under brand of KARNIKA and sub category as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club. Karnika has reputed client base which includes various reputed Commission Agents and retail sectors clients. Karnika is growing with rapid pace and making its presence in market with quality and professional work.

Its Business Process includes use of yarn and fabrics during the manufacturing process. Besides, it is also able to offer its customers fabric alternatives for their existing collections thus, create important added values in terms of pricing, quality and delivery terms. Its endeavour to satisfy customers by continuous improvement through process innovation and quality maintenance. It focuses on producing quality product to increase customer satisfaction and develop a positive brand image in the industry. Its management and team have enabled it to maintain continuing customer relations, ensuring repeat order flows.

Business area of the company

The company is engaged in the business of manufacturing of readymade cloths, and fabric is used as the primary raw material during its manufacturing process. It basically manufactures through job work all types of kids wear i.e., shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc.

Products of the company 

  • Boys garments
  • Girls garments

History and milestones 

  • 2022-23: Converted from Partnership Firm into Public Limited Company vide fresh certificate of incorporation dated April 13, 2022. 

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