Karnawati Innovation Limited
₹ 1.47
-4.55%
22 Jan
- close price
About
Incorporated in 1986, Bisil Plast Ltd manufactures PET bottles, jars and ancillary products[1]
Key Points
- Market Cap ₹ 7.94 Cr.
- Current Price ₹ 1.47
- High / Low ₹ 2.82 / 0.78
- Stock P/E 4.20
- Book Value ₹ 0.05
- Dividend Yield 0.00 %
- ROCE 20.7 %
- ROE 13.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 26.8 times its book value
- The company has delivered a poor sales growth of -5.59% over past five years.
- Earnings include an other income of Rs.1.55 Cr.
- Company has high debtors of 283 days.
- Working capital days have increased from 141 days to 318 days
* 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
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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 1.24 | 0.98 | 1.51 | 4.03 | 4.03 | 0.93 | 20.00 | |
| 0.06 | 0.06 | 0.11 | 0.08 | 0.10 | 0.17 | 1.28 | 1.01 | 1.49 | 3.85 | 3.80 | 0.67 | 18.67 | |
| Operating Profit | -0.06 | -0.06 | -0.11 | -0.08 | -0.10 | -0.11 | -0.04 | -0.03 | 0.02 | 0.18 | 0.23 | 0.26 | 1.33 |
| OPM % | -183.33% | -3.23% | -3.06% | 1.32% | 4.47% | 5.71% | 27.96% | 6.65% | |||||
| 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.55 | |
| 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 | 0.88 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.03 |
| Profit before tax | -0.09 | -0.09 | -0.14 | -0.02 | -0.10 | -0.11 | -0.04 | -0.03 | 0.02 | 0.18 | 0.20 | 0.23 | 1.97 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 39.13% | |
| -0.09 | -0.09 | -0.14 | -0.02 | -0.10 | -0.11 | -0.04 | -0.03 | 0.02 | 0.18 | 0.20 | 0.15 | 1.89 | |
| EPS in Rs | -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 |
| 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: | -6% |
| 3 Years: | -15% |
| TTM: | 592% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 42% |
| 3 Years: | 96% |
| TTM: | 1160% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | % |
| 3 Years: | 109% |
| 1 Year: | 48% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 13% |
| 3 Years: | 19% |
| Last Year: | 14% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.26 | 5.26 | 5.26 | 5.26 | 5.26 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 |
| Reserves | -4.23 | -4.32 | -4.46 | -4.48 | -4.58 | -4.68 | -4.73 | -4.76 | -4.74 | -4.57 | -4.36 | -4.22 | -2.44 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | |
| -0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.37 | 0.25 | 0.51 | 0.56 | 2.52 | 0.55 | 17.74 | |
| Total Liabilities | 1.02 | 0.94 | 0.80 | 0.78 | 0.69 | 0.75 | 1.04 | 0.89 | 1.17 | 1.39 | 3.56 | 1.73 | 20.71 |
| 0.42 | 0.39 | 0.37 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.25 | 0.23 | 0.23 | |
| 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 | 20.09 |
| 0.60 | 0.55 | 0.43 | 0.78 | 0.69 | 0.75 | 1.04 | 0.89 | 1.17 | 1.12 | 3.31 | 1.50 | 0.39 | |
| Total Assets | 1.02 | 0.94 | 0.80 | 0.78 | 0.69 | 0.75 | 1.04 | 0.89 | 1.17 | 1.39 | 3.56 | 1.73 | 20.71 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | -0.06 | -0.11 | -0.02 | -0.09 | -0.10 | 0.00 | -0.09 | 0.04 | -0.31 | 0.01 | 0.04 | |
| 0.00 | 0.00 | 0.09 | 0.03 | 0.09 | 0.08 | 0.00 | 0.00 | 0.00 | -0.28 | 0.00 | -0.01 | |
| 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.22 | 0.38 | 0.00 | 0.00 | |
| Net Cash Flow | 0.00 | 0.02 | -0.02 | 0.00 | 0.00 | 0.13 | 0.00 | -0.09 | 0.26 | -0.21 | 0.01 | 0.03 |
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 | 121.67 | 88.31 | 89.39 | 113.61 | 86.04 | 249.07 | 282.58 | |||||
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 4.93 | 38.89 | 0.00 | |||||
| Days Payable | 53.27 | 237.35 | ||||||||||
| Cash Conversion Cycle | 121.67 | 88.31 | 89.39 | 113.61 | 37.70 | 50.61 | 282.58 | |||||
| Working Capital Days | 3,528.33 | -17.66 | 0.00 | -7.25 | 42.57 | 61.59 | 317.90 | |||||
| ROCE % | -8.41% | -9.14% | -16.09% | -2.53% | -13.70% | -15.71% | -5.76% | -4.58% | 3.08% | 24.16% | 21.39% | 20.72% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jan - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the Quarter ended 31st December, 2025
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Postponement Of The Meeting Of The Rights Issue Committee Of Karnawati Innovation Limited Which Was To Be Held Today I.E. Tuesday, December 30, 2025
30 Dec - Rights Issue Committee meeting scheduled Dec 30, 2025 postponed; awaiting stock-exchange in-principle approval; will reconvene after receipt.
-
Closure of Trading Window
24 Dec - Trading window closed Jan 1, 2026 until 48 hours after Q3 2025 unaudited results publication.
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Board Meeting Intimation for Intimation Of Rights Issue Committee Meeting To Be Held On 30Th December, 2025 For Deciding Issue Price And Other Terms Of The Rights Issue
24 Dec - Board approved Rights Issue up to Rs49 crore; Rights Issue Committee meeting Dec 30, 2025 to fix price and terms.
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Announcement under Regulation 30 (LODR)-Raising of Funds
24 Dec - Board approved rights issue up to Rs 49 crore; draft offer approved; rights committee constituted (24 Dec 2025)
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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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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Business Overview:[1][2]
Company is in the business of dealing in PET bottles, Jars and its ancillary product through wholesale supply to Pharmaceutical companies, FMCG Companies, bottling companies, etc.
Company has identified supplier of PET bottles and Jars manufacturers and have initiated the process and executed agreement to acquire PET bottles and Jars