Kanel Industries Ltd
₹ 2.25
4.65%
18 Nov 2024
About
Incorporated in 1992, Kanel Industries Ltd is primarily engaged in bulk trading of castor seed oil, cottonseed oil, groundnut oil, sunflower oil, palmolein oil and soybean oil.
Key Points
- Market Cap ₹ 4.14 Cr.
- Current Price ₹ 2.25
- High / Low ₹ 2.25 / 1.27
- Stock P/E
- Book Value ₹ -4.01
- Dividend Yield 0.00 %
- ROCE -7.93 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 0.07%
* 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 8.62 | 22.69 | 25.56 | 66.14 | 61.72 | 41.90 | 0.04 | 0.08 | 0.05 | 0.00 | 0.00 | 0.00 | |
| 0.31 | 8.78 | 22.85 | 25.68 | 67.67 | 61.77 | 42.23 | 0.19 | 0.19 | 0.17 | 0.15 | 0.25 | 0.26 | |
| Operating Profit | -0.31 | -0.16 | -0.16 | -0.12 | -1.53 | -0.05 | -0.33 | -0.15 | -0.11 | -0.12 | -0.15 | -0.25 | -0.26 |
| OPM % | -1.86% | -0.71% | -0.47% | -2.31% | -0.08% | -0.79% | -375.00% | -137.50% | -240.00% | ||||
| 0.07 | 0.03 | 0.00 | 0.00 | 0.00 | 0.04 | 0.02 | 0.01 | 0.00 | 0.16 | 0.00 | 0.00 | 0.00 | |
| 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 | 0.00 |
| Depreciation | 0.10 | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.06 | 0.02 | 0.02 | 0.02 | 0.01 |
| Profit before tax | -0.34 | -0.22 | -0.24 | -0.20 | -1.61 | -0.09 | -0.39 | -0.21 | -0.17 | 0.02 | -0.17 | -0.27 | -0.27 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -0.35 | -0.22 | -0.24 | -0.20 | -1.61 | -0.09 | -0.39 | -0.21 | -0.17 | 0.02 | -0.18 | -0.27 | -0.29 | |
| EPS in Rs | -0.19 | -0.12 | -0.13 | -0.11 | -0.87 | -0.05 | -0.21 | -0.11 | -0.09 | 0.01 | -0.10 | -0.15 | -0.17 |
| 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: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 6% |
| 3 Years: | -32% |
| TTM: | -383% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | 59% |
| 3 Years: | -10% |
| 1 Year: | 43% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 |
| Reserves | -22.21 | -22.43 | -22.67 | -22.87 | -24.48 | -24.57 | -24.96 | -25.17 | -25.35 | -25.33 | -25.51 | -25.78 | -25.79 |
| 8.00 | 8.04 | 8.04 | 8.09 | 8.24 | 8.45 | 9.38 | 9.56 | 9.63 | 10.67 | 10.61 | 10.67 | 10.74 | |
| 2.38 | 11.24 | 2.54 | 2.95 | 7.26 | 3.57 | 14.67 | 10.48 | 9.30 | 1.75 | 1.79 | 1.97 | 1.90 | |
| Total Liabilities | 6.58 | 15.26 | 6.32 | 6.58 | 9.43 | 5.86 | 17.50 | 13.28 | 11.99 | 5.50 | 5.30 | 5.27 | 5.26 |
| 1.28 | 1.19 | 1.11 | 1.03 | 0.94 | 0.87 | 0.79 | 0.72 | 0.62 | 0.60 | 0.57 | 0.55 | 0.54 | |
| 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 | 0.00 |
| 5.30 | 14.07 | 5.21 | 5.55 | 8.49 | 4.99 | 16.71 | 12.56 | 11.37 | 4.90 | 4.73 | 4.72 | 4.72 | |
| Total Assets | 6.58 | 15.26 | 6.32 | 6.58 | 9.43 | 5.86 | 17.50 | 13.28 | 11.99 | 5.50 | 5.30 | 5.27 | 5.26 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.19 | -0.21 | 0.00 | -0.05 | -1.05 | -0.20 | -0.78 | -0.34 | -0.10 | -0.72 | -0.14 | -0.06 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | |
| -0.05 | 0.05 | 0.00 | 0.05 | 0.16 | 0.20 | 0.94 | 0.17 | 0.07 | 0.91 | -0.06 | 0.06 | |
| Net Cash Flow | -0.24 | -0.16 | -0.01 | 0.00 | -0.90 | 0.00 | 0.16 | -0.17 | 0.00 | 0.20 | -0.20 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 544.54 | 63.38 | 61.69 | 27.15 | 8.16 | 29.18 | 22,630.00 | 11,315.00 | 0.00 | |||
| Inventory Days | 0.00 | 0.48 | 0.43 | 1.16 | 1.31 | 1.05 | 912.50 | 156.43 | 0.00 | |||
| Days Payable | 18.52 | 21.58 | 32.36 | 9.69 | 118.21 | 85,410.00 | 42,444.29 | |||||
| Cash Conversion Cycle | 544.54 | 45.34 | 40.54 | -4.05 | -0.22 | -87.98 | -61,867.50 | -30,972.86 | 0.00 | |||
| Working Capital Days | 69.02 | 23.00 | 20.13 | -11.75 | -9.76 | -10.37 | -8,942.50 | -4,516.88 | 292.00 | |||
| ROCE % | -7.64% | -5.35% | -6.15% | -5.40% | -55.52% | -4.04% | -15.23% | -7.46% | -5.83% | 0.62% | -4.68% | -7.93% |
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
25 Apr - Kanel Industries confirms it is not a Large Corporate for FY 2024-25 as per SEBI criteria.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Regulation 74(5) for dematerialization.
-
Closure of Trading Window
26 Mar - Closure of trading window for insider trading regulations.
-
Board Meeting Outcome for Change Of RTA From Accurate Securities & Registry Pvt. Ltd. To Purva Sharegistry Pvt. Ltd
5 Mar - Change of RTA from Accurate to Purva Sharegistry.
-
Announcement under Regulation 30 (LODR)-Change in RTA
5 Mar - Change of RTA from Accurate to Purva Sharegistry.
Annual reports
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Financial Year 2024
from bse
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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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Financial Year 2010
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Business Activities:[1]
Company manufactures and exports various grades of castor oil. Castor seeds are obtained from the market and crushed at company's manufacturing unit at Naroda.
a) Premium Refined Castor Oil: Extra Pale Pressed Grade, Pale Pressed Grade
b) Refined Castor Oil: Premium Grade, First Special Grade
c) Castor Oil: First Special Degummed Grade, First Pressed Commercial Grade, Commercial Grade:
d) Pharma Grade Castor Oil: Grade BP93, Grade - USP
e) Castor Meal: Expeller-cakes-Granular, Solvent