Kenrik Industries Ltd
Incorporated in 2017, Kenrik Industries Limited is engaged in designing and distributing traditional Indian jewellery.[1]
- Market Cap ₹ 32.8 Cr.
- Current Price ₹ 26.3
- High / Low ₹ 26.3 / 25.0
- Stock P/E 31.0
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 11.1 %
- ROE 8.78 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 78.4 days to 52.7 days
Cons
- Company has a low return on equity of 6.03% 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 32.30 | 38.86 | 39.95 | 51.88 | 70.77 | |
| 32.03 | 38.50 | 39.50 | 51.37 | 69.51 | |
| Operating Profit | 0.27 | 0.36 | 0.45 | 0.51 | 1.26 |
| OPM % | 0.84% | 0.93% | 1.13% | 0.98% | 1.78% |
| 0.07 | 0.17 | 0.10 | 0.16 | 0.17 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 |
| Profit before tax | 0.31 | 0.51 | 0.53 | 0.65 | 1.42 |
| Tax % | 25.81% | 25.49% | 26.42% | 27.69% | 24.65% |
| 0.23 | 0.37 | 0.39 | 0.47 | 1.06 | |
| EPS in Rs | 0.43 | 0.52 | 1.18 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| TTM: | 126% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 5.00 | 5.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 0.48 | 0.87 | 2.06 | 2.54 | 3.60 |
| 0.11 | 0.13 | 0.16 | 0.57 | 0.78 | |
| 1.77 | 4.26 | 1.24 | 3.49 | 2.39 | |
| Total Liabilities | 7.36 | 10.26 | 12.46 | 15.60 | 15.77 |
| 0.13 | 0.10 | 0.10 | 0.08 | 0.06 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.23 | 10.16 | 12.36 | 15.52 | 15.71 | |
| Total Assets | 7.36 | 10.26 | 12.46 | 15.60 | 15.77 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -0.01 | -4.82 | 0.29 | 2.37 | ||
| 0.00 | -0.01 | -0.51 | 0.07 | ||
| 0.02 | 4.83 | 0.22 | 0.21 | ||
| Net Cash Flow | 0.00 | -0.01 | 0.00 | 2.65 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 26.67 | 13.81 | 38.46 | 29.48 | 9.18 |
| Inventory Days | 80.86 | 64.99 | 71.71 | 56.74 | |
| Days Payable | 39.19 | 10.13 | 19.99 | 9.77 | |
| Cash Conversion Cycle | 26.67 | 55.47 | 93.32 | 81.20 | 56.16 |
| Working Capital Days | 61.59 | 55.23 | 101.51 | 80.98 | 52.71 |
| ROCE % | 8.80% | 6.16% | 5.57% | 11.14% |
Documents
Announcements
Annual reports
No data available.
Business Profile[1]
Kenrik Industries is engaged in manufacturing, wholesaling, and supplying of plain and studded gold jewellery and ornaments, with a focus on the traditional Indian jewellery segment. It operates under a B2B model. They serve a diverse clientele of retailers and wholesalers across high-end, mid-market, and value market segments.