Kanishk Steel Industries Ltd

Kanishk Steel Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kanishk Steel Industries Ltd

₹ 31.6 -2.53%
03 May - close price
kanishksteels.in BSE: 513456
About

Incorporated in 1995. Kanishk Steel Industries is a part of the OPG Group, which is involved in steel and power businesses. The company manufactures steel products (Finished goods) both Constructional steel and Structural steel. [1]

Key Points

Products
The co’s product portfolio includes TMT bars (both Fe 415 and Fe 500) , I beams , H beams and various types of Structural steels and sponge iron. [1]

Customers
The major customers of the company include BHEL-Trichy, BHEL-Ranipet and Tamil Nadu Government. It also supplies to major project customers like Jindal South West (JSW), Madras Cements and many others. [2]

Website BSE
  • Market Cap ₹ 89.8 Cr.
  • Current Price ₹ 31.6
  • High / Low ₹ 43.7 / 19.0
  • Stock P/E 176
  • Book Value ₹ 16.6
  • Dividend Yield 0.00 %
  • ROCE 9.23 %
  • ROE 1.14 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.10.5 Cr.
  • Debtor days have increased from 73.1 to 94.2 days.
  • Company's cost of borrowing seems high

* 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: Steel Industry: Steel - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016
65.21 70.10 55.60 112.89 78.69 60.58 55.99 77.35
62.89 68.01 53.29 113.09 77.24 59.67 55.78 79.21
Operating Profit 2.32 2.09 2.31 -0.20 1.45 0.91 0.21 -1.86
OPM % 3.56% 2.98% 4.15% -0.18% 1.84% 1.50% 0.38% -2.40%
0.12 0.09 0.26 0.89 0.18 6.17 0.85 3.33
Interest 0.93 0.67 0.80 0.49 0.84 1.10 0.45 0.84
Depreciation 1.03 0.97 1.26 0.32 0.41 0.41 0.54 0.52
Profit before tax 0.48 0.54 0.51 -0.12 0.38 5.57 0.07 0.11
Tax % 33.33% 33.33% 33.33% -966.67% 34.21% 17.59% 0.00% 263.64%
0.21 0.04 -0.04 -1.78 0.02 4.77 -0.04 0.25
EPS in Rs 0.07 0.01 -0.01 -0.63 0.01 1.68 -0.01 0.09
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
304 272
295 270
Operating Profit 9 2
OPM % 3% 1%
1 10
Interest 5 5
Depreciation 4 2
Profit before tax 1 6
Tax % 81% 23%
-0 5
EPS in Rs -0.08 1.76
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 332%
Stock Price CAGR
10 Years: 13%
5 Years: 23%
3 Years: 39%
1 Year: 24%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
Equity Capital 28 28
Reserves 14 19
5 22
95 89
Total Liabilities 143 158
16 15
CWIP 0 0
Investments 5 5
122 138
Total Assets 143 158

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
13 -12
-1 -0
-14 14
Net Cash Flow -2 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
Debtor Days 52 94
Inventory Days 67 63
Days Payable 89 84
Cash Conversion Cycle 30 73
Working Capital Days 25 55
ROCE % 9%

Shareholding Pattern

Numbers in percentages

14 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.50% 70.50% 70.50% 70.43% 70.43% 70.43% 70.43% 70.32% 69.52% 69.52% 68.01% 67.89%
29.50% 29.50% 29.50% 29.57% 29.57% 29.56% 29.58% 29.67% 30.48% 30.49% 31.99% 32.11%
No. of Shareholders 5,1445,2175,4875,7325,8756,0726,0926,2986,4316,4646,7137,126

Documents

Announcements

Annual reports

Credit ratings