Kanani Industries Ltd

₹ 13.3 10.90%
08 Dec 9:15 a.m.
About

Incorporated in 1983, Kanani Industries Ltd is engaged in the business of manufacture & export of Diamond Studded Jewelry.

Key Points

Product Profile:[1] Company deals in all kinds of diamond-studded jewelry e.g. rings, necklaces, earrings, bracelets, pendants, etc.

  • Market Cap 132 Cr.
  • Current Price 13.3
  • High / Low 42.7 / 7.50
  • Stock P/E 45.2
  • Book Value 6.26
  • Dividend Yield 0.00 %
  • ROCE 2.09 %
  • ROE 1.32 %
  • Face Value 1.00

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -8.06% over past five years.
  • Company has a low return on equity of 1.38% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -13.5%

* 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
60.51 126.68 102.96 70.78 68.86 84.29 87.64 73.50 101.11 73.56 42.55 95.01 65.97
59.17 126.45 102.15 69.80 69.14 84.22 87.57 73.17 100.64 73.22 41.97 93.64 64.86
Operating Profit 1.34 0.23 0.81 0.98 -0.28 0.07 0.07 0.33 0.47 0.34 0.58 1.37 1.11
OPM % 2.21% 0.18% 0.79% 1.38% -0.41% 0.08% 0.08% 0.45% 0.46% 0.46% 1.36% 1.44% 1.68%
-0.32 0.48 0.64 -0.16 0.42 0.24 0.42 0.32 0.18 0.07 0.60 0.13 -0.27
Interest 0.32 0.20 0.24 0.35 0.32 0.14 0.32 0.23 0.30 0.22 0.04 0.17 0.29
Depreciation 0.03 0.04 0.04 0.02 0.02 0.02 0.02 0.02 0.02 0.04 0.02 0.02 0.02
Profit before tax 0.67 0.47 1.17 0.45 -0.20 0.15 0.15 0.40 0.33 0.15 1.12 1.31 0.53
Tax % 1.49% 6.38% 5.98% 11.11% -10.00% 13.33% 13.33% 7.50% 12.12% 0.00% 11.61% 4.58% 1.89%
Net Profit 0.65 0.45 1.10 0.41 -0.22 0.12 0.13 0.37 0.29 0.15 0.99 1.25 0.53
EPS in Rs 0.07 0.05 0.11 0.04 -0.02 0.01 0.01 0.04 0.03 0.02 0.10 0.13 0.05
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
166 292 338 444 496 443 386 344 377 312 291 277
162 291 333 441 493 443 385 340 373 311 289 274
Operating Profit 4 1 5 3 3 -0 1 4 3 1 2 3
OPM % 2% 1% 1% 1% 1% -0% 0% 1% 1% 0% 1% 1%
-1 1 -0 0 0 2 1 0 1 1 1 1
Interest 2 2 1 1 1 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1 1 3 2 2 1 1 2 3 1 2 3
Tax % 9% 8% 3% 6% 9% 25% 15% 7% 7% 20% 10%
Net Profit 1 1 3 2 2 0 1 2 3 0 2 3
EPS in Rs 0.07 0.10 0.30 0.17 0.19 0.05 0.08 0.22 0.26 0.04 0.18 0.30
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: -8%
3 Years: -5%
TTM: -20%
Compounded Profit Growth
10 Years: 1%
5 Years: 9%
3 Years: -30%
TTM: 221%
Stock Price CAGR
10 Years: -11%
5 Years: 6%
3 Years: 54%
1 Year: 28%
Return on Equity
10 Years: 3%
5 Years: 2%
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
9 10 10 10 10 10 10 10 10 10 10 10
Reserves 31 32 35 36 39 39 40 43 47 47 49 52
48 15 26 35 30 29 35 37 25 22 24 33
29 87 123 74 91 79 75 61 73 55 58 42
Total Liabilities 117 143 193 155 169 156 160 151 155 133 141 137
1 1 1 1 1 1 0 1 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
116 142 192 155 169 156 159 150 154 133 141 137
Total Assets 117 143 193 155 169 156 160 151 155 133 141 137

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-49 29 -7 -3 6 -4 -7 -1 6 3 -2
-1 0 0 0 0 -0 -0 -0 0 0 -0
57 -33 11 9 -5 -1 6 2 -12 -3 2
Net Cash Flow 7 -4 4 6 1 -5 -0 1 -6 -0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 211 146 154 102 99 99 116 115 115 128 128
Inventory Days 26 27 45 13 13 20 25 33 30 22 42
Days Payable 65 109 135 61 67 65 71 65 72 65 73
Cash Conversion Cycle 173 65 65 54 46 55 70 83 74 85 97
Working Capital Days 176 66 67 55 47 56 71 84 75 87 98
ROCE % 4% 9% 4% 4% 3% 1% 4% 4% 1% 2%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
74.83 74.83 74.83 74.83 74.83 74.83 74.83 74.83 74.83 71.72 61.35 61.35
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
25.16 25.17 25.17 25.17 25.17 25.17 25.17 25.17 25.17 28.28 38.65 38.65

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents