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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
₹812 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹4.3
TTM Sales
₹224 Cr.
Book Value per Share
₹15.4
P/E Ratio
30.44
Lower than its 5-year historical median
Industry PE
36.6
Price to Book (P/B)
8.54
Higher than its 5-year historical median
Price to Sales (P/S)
3.62
Higher than its 5-year historical median
EV/EBITDA
20.24
Lower than its 5-year historical median
Dividend Yield
0.02%
Profitability Efficiency
Return on Equity (ROE)
29.05%
Outperforms industry median
Return on Capital Employed (ROCE)
24.29%
Outperforms industry median
Return on Assets (ROA)
13.15%
Operating Profit Margin
15.1%
Net Profit Margin
10.45%
Gross Profit Margin
14.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
35.58%
Operating Profit Growth (1 Year)
-
44.33%
Net Profit Growth (1 Year)
-
78.51%
Asset Quality
Promoter Holding
73.39%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹33 Cr.
Equity
₹62 Cr.
Face Value
₹10
All Time Low / High
- / -

Karnika Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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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.

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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.

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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 0.00%, compared to the industry median CAGR of 1.04%, indicating slower growth and losing 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 1 year(s), the stock has delivered a CAGR of -80% based on the current price.
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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)

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 ⓘ125127173224
Sales YoY Gr.-2.2%35.6%-
Adj EPS ⓘ1.81.62.74.3
YoY Gr.--9.6%70%-
BVPS (₹) ⓘ3.98.611.515.4
Adj Net
Profit ⓘ		8.19.916.827
Cash Flow from Ops. ⓘ-53.1-64.1-
Debt/CF from Ops. ⓘ-1-8.614.5-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA35.6%
Adj EPS ⓘNANANA70%
BVPSⓘNANANA33.6%
Share Price - - - -80.5%

Key Financial Parameters ⓘ

Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		452827.132.1
Op. Profit
Mgn % ⓘ		12.214.215.115.1
Net Profit
Mgn % ⓘ		6.57.89.811.9
Debt to
Equity ⓘ		2.910.90
Working Cap
Days ⓘ		0284254160
Cash Conv.
Cycle ⓘ		020019464

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Sales125127173
Operating Expenses ⓘ + 109109146
Manufacturing Costs352936
Material Costs626596
Employee Cost 343
Other Costs ⓘ 101212
Operating Profit ⓘ 151826
Operating Profit Margin (%) 12.2%14.2%15.1%
Other Income ⓘ + 114
Exceptional Items ⓘ 000
Interest ⓘ 555
Depreciation ⓘ 011
Profit Before Tax ⓘ 111424
Tax ⓘ 336
Profit After Tax 81018
PAT Margin (%) 6.6%7.9%10.5%
Adjusted EPS (₹)1.81.62.9
Dividend Payout Ratio (%)0%0%0.70%

Valuation of Karnika 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'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 185371
Share Capital ⓘ 91212
Reserves ⓘ 94159
Debt +525260
Long Term Debt021
Short Term Debt525058
Minority Interest000
Trade Payables261321
Others Liabilities ⓘ 223
Total Liabilities ⓘ 98120154

Fixed Assets

Net Fixed Assets ⓘ +257
Gross Block2610
Accumulated Depreciation012
CWIP ⓘ 000
Investments ⓘ 009
Inventories494850
Trade Receivables405175
Cash Equivalents 2121
Others Assets ⓘ 6413
Total Assets ⓘ 98120154

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + -53-64
PBT ⓘ 111424
Adjustment ⓘ 663
Changes in Working Capital ⓘ -67-22-17
Tax Paid ⓘ -3-4-6
Cash Flow From Investing Activity ⓘ + -2-4-18
Capex -2-4-3
Net Investments 00-7
Others ⓘ -00-8
Cash Flow From Financing Activity ⓘ + 57204
Net Proceeds from Shares ⓘ 10250
Net Proceeds from Borrowing ⓘ 02-1
Interest Paid ⓘ -5-5-4
Dividend Paid ⓘ 000
Others ⓘ 52-29
Net Cash Flow ⓘ 210-10

Financial Ratio

PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)45.6428.4529.05
ROCE (%)23.1421.0824.29
Asset Turnover Ratio1.271.171.26
PAT to CFO Conversion(x)-6.63-0.60.22
Working Capital Days
Receivable Days117.80131.30133.20
Inventory Days142.20137.80103.20
Payable Days151.40109.6065.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

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 ₹812.2 Cr

The latest P/E ratio of Karnika Industries as of 31-Dec-1969 is 30.44.

The latest P/B ratio of Karnika Industries as of 31-Dec-1969 is 8.54.

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 ₹224 ( 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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