Kanoria Energy & Infrastructure Ltd
₹ 16.9
-1.57%
11 Aug
4:01 p.m.
About
Incorporated in 1980, Kanoria Energy
& Infrastructure Ltd is in the business
of manufacturing of A.C. Pressure Pipes, Couplings, A.C. Sheet & Moulded Goods
and laying & jointing of Asbestos Cement Products[1]
Key Points
- Market Cap ₹ 144 Cr.
- Current Price ₹ 16.9
- High / Low ₹ 28.9 / 11.0
- Stock P/E 38.9
- Book Value ₹ 10.8
- Dividend Yield 0.30 %
- ROCE 6.82 %
- ROE 0.41 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 42.3%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.16% over past five years.
- Company has a low return on equity of 4.39% over last 3 years.
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 254 | 189 | 167 | 207 | 255 | 249 | 268 | 285 | 313 | 348 | 298 | 270 | 286 | |
| 238 | 178 | 156 | 195 | 239 | 233 | 248 | 266 | 289 | 322 | 280 | 253 | 266 | |
| Operating Profit | 16 | 10 | 11 | 12 | 16 | 16 | 19 | 19 | 24 | 26 | 19 | 17 | 20 |
| OPM % | 6% | 5% | 6% | 6% | 6% | 6% | 7% | 7% | 8% | 7% | 6% | 6% | 7% |
| 1 | 2 | 1 | 1 | 5 | 0 | 0 | 8 | 3 | 1 | 3 | 0 | -9 | |
| Interest | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 7 | 10 | 13 | 12 | 12 | 12 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| Profit before tax | 5 | 0 | -0 | 1 | 10 | 4 | 8 | 17 | 13 | 11 | 5 | 1 | -4 |
| Tax % | 36% | 90% | 25% | 32% | 13% | 12% | 23% | 25% | 29% | 26% | 32% | 63% | |
| 3 | 0 | -0 | 1 | 8 | 4 | 6 | 12 | 10 | 8 | 4 | 0 | -5 | |
| EPS in Rs | 0.36 | 0.00 | -0.02 | 0.10 | 0.99 | 0.43 | 0.73 | 1.45 | 1.12 | 0.92 | 0.42 | 0.05 | -0.54 |
| Dividend Payout % | 52% | 1,785% | -357% | 26% | 5% | 12% | 7% | 2% | 4% | 5% | 12% | 109% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 0% |
| 3 Years: | -5% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | -43% |
| 3 Years: | -66% |
| TTM: | 1094% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 2% |
| 3 Years: | -9% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 4% |
| Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 21 | 21 | 21 | 21 | 43 | 43 | 43 | 43 |
| Reserves | 39 | 38 | 32 | 33 | 30 | 34 | 39 | 51 | 39 | 46 | 50 | 50 |
| 80 | 92 | 96 | 101 | 83 | 85 | 77 | 84 | 111 | 125 | 121 | 83 | |
| 71 | 63 | 55 | 63 | 80 | 74 | 75 | 70 | 72 | 83 | 67 | 90 | |
| Total Liabilities | 200 | 204 | 194 | 207 | 215 | 214 | 212 | 225 | 264 | 297 | 280 | 266 |
| 48 | 45 | 43 | 41 | 39 | 40 | 38 | 36 | 66 | 95 | 93 | 94 | |
| CWIP | 0 | 15 | 21 | 25 | 42 | 45 | 52 | 53 | 29 | 3 | 7 | 7 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| 152 | 144 | 131 | 141 | 134 | 129 | 122 | 136 | 168 | 199 | 180 | 165 | |
| Total Assets | 200 | 204 | 194 | 207 | 215 | 214 | 212 | 225 | 264 | 297 | 280 | 266 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -9 | 8 | 15 | 10 | 40 | 11 | 28 | -3 | -8 | -1 | 23 | 58 | |
| -1 | -16 | -7 | -5 | -12 | -5 | -8 | 5 | -10 | -5 | -4 | -5 | |
| 8 | 6 | -7 | -4 | -27 | -7 | -19 | 1 | 16 | 7 | -19 | -50 | |
| Net Cash Flow | -2 | -3 | 1 | -0 | 0 | -1 | 1 | 2 | -2 | 0 | 0 | 3 |
| Free Cash Flow | -10 | -8 | 8 | 5 | 28 | 6 | 20 | 1 | -17 | -8 | 18 | 53 |
| CFO/OP | -48% | 76% | 146% | 87% | 265% | 82% | 155% | 4% | -16% | 11% | 132% | 347% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 39 | 44 | 38 | 26 | 24 | 18 | 22 | 14 | 18 | 23 | 31 |
| Inventory Days | 157 | 210 | 211 | 195 | 188 | 192 | 170 | 194 | 250 | 268 | 266 | 247 |
| Days Payable | 82 | 100 | 85 | 62 | 93 | 48 | 45 | 39 | 66 | 80 | 72 | 65 |
| Cash Conversion Cycle | 106 | 149 | 171 | 171 | 120 | 167 | 144 | 177 | 198 | 207 | 217 | 212 |
| Working Capital Days | 18 | 23 | 31 | 41 | 20 | 27 | 28 | 41 | 38 | 33 | 31 | 32 |
| ROCE % | 11% | 7% | 6% | 7% | 9% | 9% | 12% | 12% | 14% | 12% | 8% | 7% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AC Pressure Pipes Production Volume MT |
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| AC Pressure Pipes Sales Volume MT |
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| AC Roofing Sheets Production Volume MT |
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| AC Roofing Sheets Sales Volume MT |
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| Permanent Employees count |
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| Installed Capacity - AC Pressure Pipes MT |
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| Installed Capacity - AC Roofing Sheets MT |
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Documents
Announcements
-
Redemption Of 2,50,000 5% Redeemable Preference Shares Of ?100/- Each Amounting To ? 2,50,00,000/- Out Of The Profits Of The Company
- Committee approved early redemption of 2,50,000 preference shares worth ₹2.5 crore on 7 Aug 2026.
-
Outcome Of Preference Share Redemption Committee Meeting
- Committee approved early redemption of 2,50,000 preference shares worth ₹2.5 crore on 7 Aug 2026.
-
Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)
- Committee meets 7 Aug 2026 to consider early redemption of 5% redeemable preference shares.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
- Postal ballot special resolution passed to reduce redemption period for 11,01,150 preference shares on 27 July 2026.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Annual reports
-
Financial Year 2026
from bse
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Business Overview:[1]
KEIL manufactures Asbestos Cement (A.C.) Pressure Pipes, A.C. Corrugated Roofing Sheets and allied products. The Company is a major manufacturer of A.C. pipes in India, marketed under the KIRTI brand, while its roofing sheets and allied products are sold under the JAI KIRTI brand.