Kanohar Electricals Ltd
Incorporated in 1972, Kanohar Electricals Limited is engaged in the manufacturing of transformers in India. [1]
- Market Cap ₹ 7,545 Cr.
- Current Price ₹ 953
- High / Low ₹ 1,210 / 672
- Stock P/E 51.7
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 54.3 %
- ROE 42.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 75.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.7%
Cons
* 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
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 127 | 104 | 118 | 61 | 79 | 62 | 168 | 236 | 311 | 277 | 451 | 654 | |
| 99 | 89 | 103 | 58 | 75 | 59 | 153 | 207 | 276 | 246 | 357 | 473 | |
| Operating Profit | 28 | 16 | 15 | 3 | 4 | 3 | 15 | 29 | 35 | 31 | 93 | 181 |
| OPM % | 22% | 15% | 13% | 4.8% | 5.0% | 5% | 9% | 12% | 11% | 11% | 21% | 28% |
| 1 | 1 | 1 | 3 | 3 | 3 | 4 | 2 | 3 | 4 | 7 | 9 | |
| Interest | 3 | 1 | 2 | 2 | 2 | 2 | 5 | 4 | 5 | 6 | 9 | 13 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 26 | 14 | 12 | 3 | 3 | 3 | 11 | 25 | 30 | 26 | 88 | 174 |
| Tax % | 30% | 30% | 25% | 18% | 37% | 34% | 30% | 27% | 26% | 31% | 26% | 25% |
| 18 | 10 | 9 | 2 | 2 | 2 | 8 | 18 | 22 | 18 | 65 | 130 | |
| EPS in Rs | 1.30 | 1.21 | 0.25 | 0.19 | 0.24 | 1.04 | 2.48 | 3.00 | 2.39 | 8.75 | 17.43 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 28% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 76% |
| 3 Years: | 80% |
| TTM: | 100% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 31% |
| Last Year: | 42% |
Balance Sheet
Figures in Rs. Crores
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 15 |
| Reserves | 55 | 64 | 81 | 83 | 84 | 86 | 127 | 145 | 168 | 174 | 239 | 358 |
| 25 | 31 | 29 | 15 | 11 | 18 | 27 | 12 | 20 | 43 | 33 | 39 | |
| 27 | 33 | 30 | 12 | 15 | 24 | 83 | 76 | 101 | 102 | 156 | 202 | |
| Total Liabilities | 110 | 132 | 143 | 114 | 114 | 133 | 241 | 237 | 293 | 323 | 432 | 614 |
| 20 | 22 | 28 | 27 | 26 | 26 | 29 | 26 | 26 | 26 | 31 | 31 | |
| CWIP | 2 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 14 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 88 | 105 | 115 | 86 | 88 | 106 | 212 | 211 | 266 | 297 | 399 | 568 | |
| Total Assets | 110 | 132 | 143 | 114 | 114 | 133 | 241 | 237 | 293 | 323 | 432 | 614 |
Cash Flows
Figures in Rs. Crores
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46 | -4 | -11 | 44 | -15 | 6 | 20 | 24 | -23 | -16 | 79 | 26 | |
| -9 | -7 | -3 | -1 | -2 | 0 | -0 | -1 | -3 | -13 | -62 | -22 | |
| -15 | 6 | 4 | -14 | -5 | 0 | 10 | -16 | 7 | 12 | -18 | -4 | |
| Net Cash Flow | 22 | -4 | -10 | 29 | -22 | 6 | 30 | 8 | -18 | -17 | 0 | -0 |
| Free Cash Flow | 37 | -10 | -14 | 43 | -15 | 6 | 20 | 24 | -25 | -18 | 71 | 23 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 190% | 29% | -47% | 1,507% | -383% | 179% | 135% | 83% | -65% | -30% | 104% | 39% |
Ratios
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 108 | 180 | 176 | 121 | 188 | 272 | 109 | 69 | 104 | 115 | 158 | 118 |
| Inventory Days | 49 | 89 | 114 | 90 | 109 | 153 | 151 | 88 | 85 | 155 | 52 | 104 |
| Days Payable | 43 | 72 | 80 | 31 | 23 | 58 | 181 | 97 | 111 | 110 | 87 | 91 |
| Cash Conversion Cycle | 114 | 197 | 211 | 180 | 274 | 367 | 79 | 61 | 77 | 160 | 123 | 131 |
| Working Capital Days | 112 | 182 | 232 | 207 | 258 | 324 | 34 | 38 | 67 | 89 | 96 | 127 |
| ROCE % | 35% | 17% | 13% | 4% | 5% | 5% | 18% | 20% | 16% | 39% | 54% |
Insights
In beta| Jun 2018 | Sep 2019 | Nov 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Order Book Rs crore |
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| Manufacturing Units count |
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| Maximum Transformer Capacity MVA |
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| Annual Installed Capacity MVA |
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| Capacity Utilisation % |
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| High MVA Order Book Share % |
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| Power Transformer Order Book Share % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Kanohar Electricals will hold Q2 and half-year FY2027 earnings call on November 3, 2026 at 2:00 p.m. IST.
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Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company, Along With The Limited Review Report Of The Statutory Auditors, For The Quarter And Half Year Ended September 30, 2026
- Board meeting on November 2, 2026 to approve Q2 and half-year FY2026 unaudited results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Intimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (LODR), Regulations 2015
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Transcript of Earnings Call with respect to Financial Results for the quarter ended June 30, 2026
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026.
Annual reports
-
Annual Report 2026
from web
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Annual Report 2009
from bse
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Annual Report 2008
from bse
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Annual Report 2007
from bse
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Annual Report 2005
from bse
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Annual Report 2004
from bse
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Annual Report 2003
from bse
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Annual Report 2002
from bse
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Annual Report 1999
from bse
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Annual Report 1998
from bse
Concalls
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Oct 2026Transcript PPT REC
Business Overview:[1]
Kanohar Electricals Limited is a transformer manufacturer with over four decades of operating experience. The company primarily caters to India's power transmission, railway electrification, renewable energy, and power distribution sectors. Alongside manufacturing,
it also undertakes EPC projects for substations and transmission lines, giving it an integrated presence across the power infrastructure value chain.