Karnika Industries Ltd
Incorporated in 2017, Karnika Industries Limited, previously known as Karni International, manufactures and exports garments in India.[1]
- Market Cap ₹ 335 Cr.
- Current Price ₹ 270
- High / Low ₹ 340 / 75.0
- Stock P/E 33.2
- Book Value ₹ 42.8
- Dividend Yield 0.00 %
- ROCE 26.2 %
- ROE 55.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Textiles Industry: Textiles - Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 47 | 98 | 124 | 127 | |
| 45 | 89 | 109 | 109 | |
| Operating Profit | 2 | 10 | 15 | 18 |
| OPM % | 4% | 10% | 12% | 14% |
| 0 | 0 | 1 | 1 | |
| Interest | 1 | 2 | 5 | 5 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 7 | 11 | 14 |
| Tax % | 35% | 37% | 26% | 26% |
| 1 | 5 | 8 | 10 | |
| EPS in Rs | 9.09 | 8.15 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 131% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| Last Year: | 56% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0 | 0 | 9 | 12 |
| Reserves | 4 | 19 | 9 | 41 |
| 16 | 22 | 52 | 52 | |
| 11 | 18 | 30 | 15 | |
| Total Liabilities | 31 | 59 | 101 | 120 |
| 1 | 1 | 1 | 5 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 30 | 58 | 99 | 115 | |
| Total Assets | 31 | 59 | 101 | 120 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -6 | -15 | -11 | -6 | |
| -0 | -0 | -1 | -4 | |
| 7 | 15 | 14 | 20 | |
| Net Cash Flow | 1 | -1 | 2 | 10 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 129 | 100 | 118 | |
| Inventory Days | 99 | 123 | 184 | |
| Days Payable | 93 | 68 | 97 | |
| Cash Conversion Cycle | 135 | 154 | 205 | |
| Working Capital Days | 139 | 148 | 197 | |
| ROCE % | 31% | 29% |
Documents
Announcements
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Book Closure
6 September 2024 - Register of Members & Share Transfer Books of the Company will remain closed from 19-Sep-2024 to 28-Sep-2024 for the purpose of Meeting.
-
Copy of Newspaper Publication
6 September 2024 - Karnika Industries Limited has informed about Copy of Newspaper Publication
-
Notice Of Shareholders Meetings-XBRL
5 September 2024 - KARNIKA INDUSTRIES LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 28-Sep-2024
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Shareholders meeting
5 September 2024 - Karnika Industries Limited has informed regarding Annual Report for F.Y. 2023-24 and Notice of Annual General Meeting to be held on September 28, 2024
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Outcome of Board Meeting
5 September 2024 - Karnika Industries Limited has informed regarding Board meeting held on September 05, 2024.
** Product Portfolio**[1] Karnika Industries manufactures kids' wear i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pajamas, winter wear, infant wear, etc.