Kanohar Electricals Ltd
Incorporated in 1972, Kanohar Electricals Limited is engaged in the manufacturing of transformers in India. [1]
- Market Cap ₹ 5,485 Cr.
- Current Price ₹ 751
- High / Low ₹ /
- Stock P/E 42.2
- Book Value ₹
- Dividend Yield %
- 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
Half Yearly 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 | 25.93 | 24.21 | 5.06 | 3.83 | 4.83 | 20.82 | 49.62 | 59.91 | 47.72 | 174.96 | 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/OP | 190% | 29% | -47% | 1,507% | -383% | 179% | 135% | 83% | -65% | -30% | 104% | 39% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | Sep 2023 | May 2025 | |
|---|---|---|---|---|---|
| Order Book Rs crore |
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| Manufacturing Units count |
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| Maximum Transformer Capacity MVA |
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| High MVA Order Book Share % |
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Extracted by Screener AI
Documents
Announcements
- Intimation Under Regulation 30 (5)
-
Intimation Under Regulation 8(2) Of The Securities Exchange Board Of India (Prohibition Of Insider Trading) Regulations, 2015
- Intimation of Code of Practices and Procedures for Fair Disclosure under SEBI PIT Regulations, 2015.
-
Intimation Under Regulation 7
- Kanohar Electricals intimates continued appointment of MUFG Intime India as Registrar and Share Transfer Agent.
-
Intimation Under Regulation 6
- Neha appointed Company Secretary and Compliance Officer on 14 August 2025.
-
Closure of Trading Window
- Trading window closed from 16 September 2026 until 48 hours after Q1 FY2026 results.
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.