Carnation Industries Ltd
₹ 22.1
57.44%
06 Oct
- close price
About
Established in 1983, Carnation Industries Ltd is engaged in manufacturing and export of grey iron and ductile castings primarily for sanitary and water distribution purposes.
Key Points
- Market Cap ₹ 7.65 Cr.
- Current Price ₹ 22.1
- High / Low ₹ 22.1 / 7.50
- Stock P/E
- Book Value ₹ 4.71
- Dividend Yield 0.00 %
- ROCE 392 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
* 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
Industrials Capital Goods Industrial Products Other Industrial Products
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 97.16 | 96.44 | 97.24 | 81.65 | 50.06 | 6.80 | -0.23 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 88.10 | 89.12 | 88.48 | 78.61 | 55.02 | 11.84 | 1.80 | 1.69 | 1.55 | 0.52 | 0.34 | 0.84 | 0.85 | |
| Operating Profit | 9.06 | 7.32 | 8.76 | 3.04 | -4.96 | -5.04 | -2.03 | -1.70 | -1.55 | -0.52 | -0.34 | -0.84 | -0.85 |
| OPM % | 9.32% | 7.59% | 9.01% | 3.72% | -9.91% | -74.12% | |||||||
| 1.17 | 2.61 | 1.09 | 3.67 | 3.60 | 2.46 | 4.34 | -5.60 | 1.22 | -0.28 | 0.00 | 2.34 | 0.00 | |
| Interest | 5.59 | 6.54 | 5.46 | 5.29 | 4.03 | 1.03 | 1.94 | 0.44 | 0.29 | 0.23 | 0.11 | 0.00 | 0.00 |
| Depreciation | 1.80 | 1.62 | 1.38 | 1.20 | 1.21 | 1.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 |
| Profit before tax | 2.84 | 1.77 | 3.01 | 0.22 | -6.60 | -4.62 | 0.35 | -7.76 | -0.64 | -1.05 | -0.47 | 1.49 | -0.85 |
| Tax % | 15.85% | 20.90% | 22.26% | -18.18% | -0.91% | 1.52% | 0.00% | 0.00% | 18.75% | 16.19% | 4.26% | 4.70% | |
| 2.38 | 1.40 | 2.34 | 0.27 | -6.53 | -4.68 | 0.34 | -7.76 | -0.76 | -1.22 | -0.49 | 1.42 | -0.91 | |
| EPS in Rs | 6.88 | 4.05 | 6.77 | 0.78 | -18.89 | -13.54 | 0.98 | -22.45 | -2.20 | -3.53 | -1.42 | 4.11 | -2.63 |
| Dividend Payout % | 11.63% | 14.83% | 10.35% | 51.26% | 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: | 0% |
| 5 Years: | 33% |
| 3 Years: | 44% |
| TTM: | -146% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 35% |
| 3 Years: | 51% |
| 1 Year: | 195% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 | 3.46 |
| Reserves | 11.66 | 12.81 | 14.86 | 15.11 | 8.43 | 3.88 | 3.93 | -3.91 | -4.66 | -5.87 | -6.36 | -1.83 |
| 33.52 | 34.62 | 36.31 | 33.74 | 32.23 | 27.49 | 1.42 | 1.53 | 1.59 | 1.75 | 1.92 | 0.11 | |
| 36.65 | 36.68 | 32.17 | 33.54 | 25.33 | 21.60 | 19.55 | 13.18 | 1.87 | 2.00 | 2.28 | 0.57 | |
| Total Liabilities | 85.29 | 87.57 | 86.80 | 85.85 | 69.45 | 56.43 | 28.36 | 14.26 | 2.26 | 1.34 | 1.30 | 2.31 |
| 13.84 | 13.06 | 12.29 | 11.75 | 10.99 | 10.03 | 3.04 | 1.06 | 0.94 | 0.90 | 0.88 | 0.00 | |
| CWIP | 0.26 | 0.00 | 0.00 | 0.32 | 0.63 | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| 71.19 | 74.51 | 74.51 | 73.73 | 57.80 | 45.74 | 25.31 | 13.19 | 1.31 | 0.44 | 0.42 | 2.31 | |
| Total Assets | 85.29 | 87.57 | 86.80 | 85.85 | 69.45 | 56.43 | 28.36 | 14.26 | 2.26 | 1.34 | 1.30 | 2.31 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.93 | 5.81 | 2.91 | 8.54 | 5.35 | 4.91 | 4.60 | -3.77 | -7.79 | -0.04 | -0.05 | -1.01 | |
| -0.71 | -0.90 | -0.60 | -0.95 | 0.30 | 0.83 | 23.64 | 11.12 | 1.02 | 0.06 | 0.00 | 0.12 | |
| -3.91 | -4.35 | -2.44 | -8.26 | -5.54 | -5.78 | -28.21 | -0.36 | -0.22 | -0.09 | 0.05 | 1.80 | |
| Net Cash Flow | 1.31 | 0.56 | -0.13 | -0.68 | 0.12 | -0.03 | 0.03 | 6.99 | -6.99 | -0.07 | 0.00 | 0.90 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 180.17 | 192.30 | 203.75 | 236.93 | 310.02 | 1,980.12 | -29,533.26 | -22,995.00 | ||||
| Inventory Days | 60.37 | 77.58 | 64.74 | 82.85 | 55.49 | 92.24 | -1,221.96 | -2,190.00 | ||||
| Days Payable | 244.12 | 245.86 | 239.32 | 309.27 | 288.37 | 1,452.84 | ||||||
| Cash Conversion Cycle | -3.58 | 24.02 | 29.16 | 10.50 | 77.14 | 619.53 | -30,755.22 | -25,185.00 | ||||
| Working Capital Days | 5.33 | 10.52 | 21.32 | 30.13 | 20.85 | -39.72 | 9,728.04 | -251,485.00 | ||||
| ROCE % | 17.81% | 16.70% | 16.05% | 10.32% | -5.33% | -10.31% | 10.49% | -32.96% | -81.63% | 392.11% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - 40th AGM (30 Sep 2025): audited FY2024-25 approved; Bhawna Gupta reappointed; MOA, borrowing, related-party approvals.
- Closure of Trading Window 30 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 30 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Sep - Regarding completion of dispatch of Notice of 40th AGM and submission of Newspaper Advertisement made in this regard.
-
Notice Of 40Th Annual General Meeting (AGM) To Be Held On Tuesday, September 30, 2025.
8 Sep - AGM Sep 30, 2025: approve Rs.250 crore borrowing/security, amend MOA to enter beverage business, RPTs Rs.125 crore.
Annual reports
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Financial Year 2022
from bse
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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 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
from bse
Business Overview:[1]
Company is a manufacturer of Ductile & Grey Cast Iron components viz, Gear Box Housing, Clutch Housing, Trumpet Housing, King Post Machine, Carriage Casting, Hydra Clamp Housing, Carrier LHS & RHS, Stub Axle Hub, Intermediate Flange Brackets, Drive Housings, Piston Hydraulics, Cylinder Hydraulics, Bracket Hydraulics etc. It specializes in Automotive, Agriculture, Railway, Earth Moving Equipment, Composer for Refrigeration, Textile and Marine Industries.