Kanani Industries Ltd
Incorporated in 1983, Kanani Industries Ltd is engaged in the business of manufacture & export of Diamond Studded Jewelry.
- Market Cap ₹ 70.2 Cr.
- Current Price ₹ 3.55
- High / Low ₹ 7.55 / 3.39
- Stock P/E 113
- Book Value ₹ 3.20
- Dividend Yield 0.00 %
- ROCE 1.75 %
- ROE 0.98 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.11 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.14%
- The company has delivered a poor sales growth of -8.33% over past five years.
- Company has a low return on equity of 1.95% over last 3 years.
- Earnings include an other income of Rs.0.93 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
292 | 338 | 444 | 496 | 443 | 386 | 344 | 377 | 312 | 291 | 270 | 223 | |
291 | 333 | 441 | 493 | 443 | 385 | 340 | 373 | 311 | 289 | 267 | 222 | |
Operating Profit | 1 | 5 | 3 | 3 | -0 | 1 | 4 | 3 | 1 | 2 | 3 | 1 |
OPM % | 1% | 1% | 1% | 1% | -0% | 0% | 1% | 1% | 0% | 1% | 1% | 0% |
1 | -0 | 0 | 0 | 2 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | |
Interest | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 1 | 3 | 2 | 2 | 1 | 1 | 2 | 3 | 1 | 2 | 2 | 1 |
Tax % | 8% | 3% | 6% | 9% | 25% | 15% | 7% | 7% | 20% | 10% | 6% | 7% |
1 | 3 | 2 | 2 | 0 | 1 | 2 | 3 | 0 | 2 | 2 | 1 | |
EPS in Rs | 0.05 | 0.15 | 0.08 | 0.10 | 0.03 | 0.04 | 0.11 | 0.13 | 0.02 | 0.09 | 0.11 | 0.03 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -8% |
3 Years: | -11% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | -17% |
5 Years: | -22% |
3 Years: | 54% |
TTM: | -71% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | 9% |
3 Years: | 10% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 20 |
Reserves | 32 | 35 | 36 | 39 | 39 | 40 | 43 | 47 | 47 | 49 | 53 | 43 |
15 | 26 | 35 | 30 | 29 | 35 | 37 | 25 | 22 | 24 | 31 | 6 | |
87 | 123 | 74 | 91 | 79 | 75 | 61 | 73 | 55 | 58 | 36 | 26 | |
Total Liabilities | 143 | 193 | 155 | 169 | 156 | 160 | 151 | 155 | 133 | 141 | 131 | 95 |
1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
142 | 192 | 155 | 169 | 156 | 159 | 150 | 154 | 133 | 141 | 130 | 95 | |
Total Assets | 143 | 193 | 155 | 169 | 156 | 160 | 151 | 155 | 133 | 141 | 131 | 95 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | -7 | -3 | 6 | -4 | -7 | -1 | 6 | 3 | -2 | -3 | ||
0 | 0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | -0 | 0 | ||
-33 | 11 | 9 | -5 | -1 | 6 | 2 | -12 | -3 | 2 | 7 | ||
Net Cash Flow | -4 | 4 | 6 | 1 | -5 | -0 | 1 | -6 | -0 | 0 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 146 | 154 | 102 | 99 | 99 | 116 | 115 | 115 | 128 | 128 | 128 | 123 |
Inventory Days | 27 | 45 | 13 | 13 | 20 | 25 | 33 | 30 | 22 | 42 | 36 | 29 |
Days Payable | 109 | 135 | 61 | 67 | 65 | 71 | 65 | 72 | 65 | 73 | 50 | 42 |
Cash Conversion Cycle | 65 | 65 | 54 | 46 | 55 | 70 | 83 | 74 | 85 | 97 | 114 | 110 |
Working Capital Days | 66 | 67 | 55 | 47 | 56 | 71 | 84 | 75 | 87 | 98 | 116 | 111 |
ROCE % | 4% | 9% | 4% | 4% | 3% | 1% | 4% | 4% | 1% | 2% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copies of newspaper advertisement of Audited Financial Results for the Quarter and Year ended …
- Disclosure Of Related Party Transaction Pursuant To Regulation 23(9) Of SEBI (LODR) Regulations, 2015 30 May
- Financial Results Of The Company For The Quarter And Year Ended 31St March, 2024 30 May
- Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th May, 2024 30 May
- Board Meeting Intimation for Intimation Of Board Meeting For The Audited Financial Results For The Quarter And Financial Year Ended March 31, 2024 22 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from web
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Product Profile:[1] Company deals in all kinds of diamond-studded jewelry e.g. rings, necklaces, earrings, bracelets, pendants, etc.