Kanani Industries Ltd - Stock Valuation and Financial Performance

BSE: 506184 | NSE: KANANIIND | Diamond & Jewellery | Small Cap

Kanani Industries Share Price

2.75 -0.03 -1.08%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Kanani Industries

M-Cap below 100cr DeciZen not available

Kanani Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
54.4 Cr.
52-wk low:
2.4
52-wk high:
7.5

Is Kanani Industries Ltd an attractive stock to invest in?

1. Is Kanani Industries Ltd a good quality company?

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

2. Is Kanani Industries Ltd undervalued or overvalued?

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

3. Is Kanani Industries Ltd a good buy now?

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

10 Year X-Ray of Kanani Industries:

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.
Kanani 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

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 1.8%1.3%2.6%2.5%2.3%2.4%2.6%2.9%2.2%1.6%-
Value Creation
Index
-0.9-0.9-0.8-0.8-0.8-0.8-0.8-0.8-0.8-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 69.584.978.779.283.185.677.284.680.546.80
Sales YoY Gr.-22.2%-7.3%0.7%4.9%3%-9.9%9.6%-4.8%-41.8%-
Adj EPS 00-0.1-000-000-0-0
YoY Gr.-NA-700%NANA-66.7%-200%NA200%-166.7%-
BVPS (₹) 22.12.12.12.12.22.22.22.32.32.3
Adj Net
Profit
00.1-1.2-0.60.60.1-0.20.10.5-0.40
Cash Flow from Ops. 7.16.4-8.3-6.3-0.9-0.73.4-2.1-5.522-
Debt/CF from Ops. 3.53-2.7-4.6-33.6-37.66.6-11.8-5.70.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4.3%-10.9%-15.3%-41.8%
Adj EPS NA-192.2%NA-166.7%
BVPS1.1%1.2%1.2%0.4%
Share Price -3.6% 12.9% -25.9% -26.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.10.3-2.9-1.41.30.3-0.50.31.1-0.9-0.4
Op. Profit
Mgn %
1.60.6-0.70.52.31.41.211.90.2NAN
Net Profit
Mgn %
0.10.1-1.5-0.70.70.1-0.30.10.6-0.9-INF
Debt to
Equity
0.60.50.60.70.70.60.50.60.70.10
Working Cap
Days
2101802042302512713012742964110
Cash Conv.
Cycle
1691111271641721811801782052870

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -15.34%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -100.00%

Latest Financials - Kanani Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -0 0
TTM Sales (₹ Cr.) 0 189
BVPS (₹.) 2.3 3.2
Reserves (₹ Cr.) 25 44
P/BV 1.22 0.86
PE 0.00 205.33
From the Market
52 Week Low / High (₹) 2.37 / 7.45
All Time Low / High (₹) 0.09 / 48.82
Market Cap (₹ Cr.) 54.4
Equity (₹ Cr.) 19.8
Face Value (₹) 1
Industry PE 87.9

Management X-Ray of Kanani Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Kanani Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales69.4984.8878.7279.2483.1385.6477.1784.5680.4946.82
Operating Expenses 68.4084.3379.2878.8881.2284.4576.2583.6978.9346.73
Manufacturing Costs0.030.070.060.010.030.040.040.060.070.06
Material Costs67.8383.6378.547880.3281.8373.5580.6375.9644.62
Employee Cost 0.260.390.350.350.410.480.470.500.520.42
Other Costs 0.280.240.340.510.462.102.192.492.381.63
Operating Profit 1.090.54-0.560.361.911.190.920.881.560.09
Operating Profit Margin (%) 1.6%0.6%-0.7%0.5%2.3%1.4%1.2%1.0%1.9%0.2%
Other Income 0.190.382.261.410.010.660.911.170.120.93
Interest 0.970.401.131.200.950.981.210.830.970.79
Depreciation 0.100.090.090.090.260.140.090.090.070.02
Exceptional Items 0000000000
Profit Before Tax 0.210.430.480.500.710.720.531.120.640.21
Tax 0.040.080.090.100.140.160.080.190.130.04
Profit After Tax 0.170.350.390.400.570.570.440.930.500.17
PAT Margin (%) 0.2%0.4%0.5%0.5%0.7%0.7%0.6%1.1%0.6%0.4%
Adjusted EPS (₹)0.00.00.00.00.00.00.00.10.00.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 40.4240.7641.1641.5642.1342.6943.1444.0744.5744.74
Share Capital 9.899.899.899.899.899.899.899.899.8919.79
Reserves 30.5230.8731.2631.6632.2332.8033.2434.1734.6824.96
Minority Interest0000000000
Debt24.9619.3322.5829.0430.8125.2822.1824.4831.365.95
Long Term Debt1.771.951.724.045.814.392.180.5910.095.95
Short Term Debt23.1917.3920.87252520.892023.8921.270
Trade Payables11.7418.1113.3714.4619.2123.9220.9322.9013.7311.71
Others Liabilities 0.080.110.180.120.150.240.200.430.320.27
Total Liabilities 77.2078.3177.3085.1792.3092.1386.4591.8889.9862.67

Fixed Assets

Gross Block1.521.511.511.531.911.911.912.011.971.97
Accumulated Depreciation0.830.900.991.071.351.491.581.671.731.75
Net Fixed Assets0.690.610.530.460.550.420.320.340.230.21
CWIP 0000000000
Investments 21.3421.3421.3421.3421.3421.3421.3421.3421.3421.34
Inventories0.440.166.146.5412.1613.934.4812.5012.720.01
Trade Receivables40.2640.7238.9846.4647.4052.3055.4052.5150.3340.18
Cash Equivalents 13.5414.359.349.479.973.774.034.154.120.01
Others Assets0.921.140.970.910.880.390.881.041.240.94
Total Assets 77.2078.3177.3085.1792.3092.1386.4591.8889.9862.67

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 7.086.44-8.25-6.31-0.92-0.673.37-2.08-5.4721.98
PBT 0.210.430.480.500.710.720.531.120.640.21
Adjustment 0.100.090.090.090.260.140.090.091.540.70
Changes in Working Capital 6.896.03-8.78-6.82-1.74-1.482.85-3.14-7.4921.15
Tax Paid -0.11-0.11-0.04-0.07-0.15-0.06-0.10-0.14-0.16-0.09
Cash Flow From Investing Activity 00-0.01-0.02-0.3600-0.11-0.170.11
Capex 00-0.01-0.02-0.3600-0.110.030
Net Investments 0000000000
Others 00000000-0.200.11
Cash Flow From Financing Activity -0.64-5.633.256.461.77-5.53-3.102.305.60-26.20
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1.070.18-0.232.321.77-1.42-2.21-1.599.50-4.14
Interest Paid 00000000-1.27-0.79
Dividend Paid 0000000000
Others 0.43-5.813.484.140-4.11-0.893.89-2.62-21.27
Net Cash Flow 6.440.81-50.130.49-6.200.260.12-0.03-4.11
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.410.850.950.971.361.341.032.141.140.38
ROCE (%)1.81.332.612.522.312.432.62.922.231.58
Asset Turnover Ratio0.961.091.010.980.940.930.860.950.890.61
PAT to CFO Conversion(x)41.6518.4-21.15-15.78-1.61-1.187.66-2.24-10.94129.29
Working Capital Days
Receivable Days204174185197206212255233233353
Inventory Days211529415644375750
Payable Days3765736576961119988104

Kanani Industries Ltd Stock News

Kanani Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kanani Industries on 20-Dec-2024 16:59 is ₹2.75.
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 20-Dec-2024 16:59 the market cap of Kanani Industries stood at ₹54.41.
The latest P/E ratio of Kanani Industries as of 20-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Kanani Industries as of 20-Dec-2024 16:59 is 1.22.
The 52-week high of Kanani Industries is ₹7.45 and the 52-week low is ₹2.37.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kanani Industries is ₹0.00 ( Cr.) .

About Kanani Industries Ltd

Kanani Industries Limited (KIL) was initially incorporated on March 22, 1983 with the Registrar of Companies Maharashtra, Mumbai, as a public limited company under the name of “Shivlaxmi Mercantile Company Limited” (later changed to IMP Finance Limited).

KIL was acquired by Premjibhai D. Kanani and Vinubhai L. Kanani on  April 9, 2007 vide change in management and control in shareholding of the company under the name IMP Finance Limited, which was subsequently changed to “Kanani Industries Limited” on October 19, 2007 vide certificate of change of Name issued by the registrar of companies Maharashtra Mumbai.Further the company had acquired land at SEZ, Sachin, Surat (Gujarat), and build up its own four story factory,

Business Profile

The company is engaged in diamonds studded jewellery business having sophisticated hyper technical unit.Kanani’s has evolved around the elegance of the diamond, mastercraftmanship and the most exacting standards. Every Kanani creation undergoes intricate finishing, attention to details and relentless quality confirmation that gives it that unmistakable aura of confidence and pristine beauty.

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