Kanel Industries Ltd

Kanel Industries Ltd

₹ 1.40 0.00%
19 Apr 2:25 p.m.
About

Incorporated in 1992, Kanel Industries Ltd is primarily engaged in bulk trading of castor seed oil, cottonseed oil, groundnut oil, sunflower oil, palmolein oil and soybean oil.

Key Points

Business Activities:[1]
Company manufactures and exports various grades of castor oil. Castor seeds are obtained from the market and crushed at company's manufacturing unit at Naroda.
a) Premium Refined Castor Oil: Extra Pale Pressed Grade, Pale Pressed Grade
b) Refined Castor Oil: Premium Grade, First Special Grade
c) Castor Oil: First Special Degummed Grade, First Pressed Commercial Grade, Commercial Grade:
d) Pharma Grade Castor Oil: Grade BP93, Grade - USP
e) Castor Meal: Expeller-cakes-Granular, Solvent

  • Market Cap 2.58 Cr.
  • Current Price 1.40
  • High / Low 1.98 / 1.14
  • Stock P/E
  • Book Value -3.87
  • Dividend Yield 0.00 %
  • ROCE -4.68 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 0.07%
  • Promoter holding has decreased over last 3 years: -21.4%

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.08 0.00 0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.09 0.07 0.02 0.05 0.05 0.04 0.02 0.08 0.02 0.04 0.01 0.00 0.00
Operating Profit -0.01 -0.07 -0.02 0.00 -0.05 -0.04 -0.02 -0.08 -0.02 -0.04 -0.01 0.00 0.00
OPM % -12.50% 0.00%
0.00 0.00 0.00 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00
Profit before tax -0.03 -0.08 -0.03 0.15 -0.06 -0.05 -0.03 -0.09 -0.03 -0.05 -0.02 -0.01 0.00
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.03 -0.08 -0.02 0.16 -0.06 -0.05 -0.02 -0.08 -0.03 -0.04 -0.01 -0.01 0.00
EPS in Rs -0.02 -0.04 -0.01 0.09 -0.03 -0.03 -0.01 -0.04 -0.02 -0.02 -0.01 -0.01 0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.20 0.00 8.62 22.69 25.56 66.14 61.72 41.90 0.04 0.08 0.05 0.00 0.00
0.48 0.31 8.78 22.85 25.68 67.67 61.77 42.23 0.19 0.19 0.17 0.15 0.05
Operating Profit -0.28 -0.31 -0.16 -0.16 -0.12 -1.53 -0.05 -0.33 -0.15 -0.11 -0.12 -0.15 -0.05
OPM % -140.00% -1.86% -0.71% -0.47% -2.31% -0.08% -0.79% -375.00% -137.50% -240.00%
0.16 0.07 0.03 0.00 0.00 0.00 0.04 0.02 0.01 0.00 0.16 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.12 0.10 0.09 0.08 0.08 0.08 0.08 0.08 0.07 0.06 0.02 0.02 0.03
Profit before tax -0.24 -0.34 -0.22 -0.24 -0.20 -1.61 -0.09 -0.39 -0.21 -0.17 0.02 -0.17 -0.08
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.24 -0.35 -0.22 -0.24 -0.20 -1.61 -0.09 -0.39 -0.21 -0.17 0.02 -0.18 -0.06
EPS in Rs -0.13 -0.19 -0.12 -0.13 -0.11 -0.87 -0.05 -0.21 -0.11 -0.09 0.01 -0.10 -0.04
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: 4%
5 Years: %
3 Years: 5%
TTM: 67%
Stock Price CAGR
10 Years: -21%
5 Years: -6%
3 Years: 3%
1 Year: -18%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 18.41 18.41 18.41 18.41 18.41 18.41 18.41 18.41 18.41 18.41 18.41 18.41 18.41
Reserves -21.86 -22.21 -22.43 -22.67 -22.87 -24.48 -24.57 -24.96 -25.17 -25.35 -25.33 -25.51 -25.53
8.15 8.00 8.04 8.04 8.09 8.24 8.45 9.38 9.56 9.63 10.67 10.62 10.62
2.61 2.38 11.24 2.54 2.95 7.26 3.57 14.67 10.48 9.30 1.75 1.78 1.80
Total Liabilities 7.31 6.58 15.26 6.32 6.58 9.43 5.86 17.50 13.28 11.99 5.50 5.30 5.30
1.38 1.28 1.19 1.11 1.03 0.94 0.87 0.79 0.72 0.62 0.60 0.57 0.56
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5.93 5.30 14.07 5.21 5.55 8.49 4.99 16.71 12.56 11.37 4.90 4.73 4.74
Total Assets 7.31 6.58 15.26 6.32 6.58 9.43 5.86 17.50 13.28 11.99 5.50 5.30 5.30

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.71 -0.19 -0.21 0.00 -0.05 -1.05 -0.20 -0.78 -0.34 -0.10 -0.72 -0.14
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.00 0.00
0.74 -0.05 0.05 0.00 0.05 0.16 0.20 0.94 0.17 0.07 0.91 -0.06
Net Cash Flow 0.03 -0.24 -0.16 -0.01 0.00 -0.90 0.00 0.16 -0.17 0.00 0.20 -0.20

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 8,249.00 544.54 63.38 61.69 27.15 8.16 29.18 22,630.00 11,315.00 0.00
Inventory Days 0.00 0.00 0.48 0.43 1.16 1.31 1.05 912.50 156.43 0.00
Days Payable 18.52 21.58 32.36 9.69 118.21 85,410.00 42,444.29
Cash Conversion Cycle 8,249.00 544.54 45.34 40.54 -4.05 -0.22 -87.98 -61,867.50 -30,972.86 0.00
Working Capital Days 3,741.25 69.02 23.00 20.13 -11.75 -9.76 -10.37 -8,942.50 -4,516.88 292.00
ROCE % -5.39% -7.64% -5.35% -6.15% -5.40% -55.52% -4.04% -15.23% -7.46% -5.83% 0.62% -4.68%

Shareholding Pattern

Numbers in percentages

3 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
21.44% 21.44% 21.44% 2.93% 0.70% 0.70% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
0.00% 0.00% 0.00% 0.00% 0.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
78.56% 78.56% 78.56% 97.07% 99.20% 99.30% 99.93% 99.92% 99.93% 99.93% 99.93% 99.93%
No. of Shareholders 25,67025,86126,21033,00833,47633,00232,68032,25932,14631,90931,67131,457

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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