Karnika Industries Ltd
₹ 372
2.00%
10 Dec
- close price
About
Incorporated in 2017, Karnika Industries Ltd manufactures and deals with ready-made garments for children[1]
Key Points
- Market Cap ₹ 462 Cr.
- Current Price ₹ 372
- High / Low ₹ 372 / 117
- Stock P/E 29.0
- Book Value ₹ 51.2
- Dividend Yield 0.00 %
- ROCE 21.1 %
- ROE 28.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.1%
Cons
- Stock is trading at 7.28 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 122 to 148 days.
* 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
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 47 | 98 | 124 | 126 | 160 | |
| 45 | 89 | 109 | 108 | 136 | |
| Operating Profit | 2 | 10 | 15 | 18 | 24 |
| OPM % | 4% | 10% | 12% | 14% | 15% |
| 0 | 0 | 1 | 1 | 2 | |
| Interest | 1 | 2 | 5 | 5 | 4 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 1 | 7 | 11 | 14 | 21 |
| Tax % | 35% | 37% | 26% | 26% | |
| 1 | 5 | 8 | 10 | 16 | |
| EPS in Rs | 8.99 | 8.15 | 12.86 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 131% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 176% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| Last Year: | 28% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 9 | 12 | 12 |
| Reserves | 4 | 19 | 9 | 41 | 51 |
| 16 | 22 | 52 | 52 | 46 | |
| 11 | 18 | 28 | 15 | 27 | |
| Total Liabilities | 31 | 59 | 98 | 120 | 137 |
| 1 | 1 | 2 | 5 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 6 |
| 30 | 58 | 96 | 115 | 126 | |
| Total Assets | 31 | 59 | 98 | 120 | 137 |
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 | 148 |
| Inventory Days | 99 | 123 | 287 | 268 |
| Days Payable | 93 | 68 | 151 | 75 |
| Cash Conversion Cycle | 135 | 154 | 254 | 342 |
| Working Capital Days | 139 | 148 | 196 | 254 |
| ROCE % | 31% | 29% | 21% |
Documents
Announcements
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Updates
11 December 2024 - Karnika Industries Limited has informed regarding ''Financial Results for the half year ended 30th September 2024 in machine readable form as per NSE circular no. …
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General Updates
22 November 2024 - Karnika Industries Limited has informed about General Updates
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Outcome of Board Meeting
14 November 2024 - Karnika Industries Limited has informed regarding Outcome of the Board meeting held on November 14, 2024.
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Financial Result Updates
14 November 2024 - Karnika Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Board Meeting Intimation
8 November 2024 - KARNIKA INDUSTRIES LIMITED has informed about Board Meeting to be held on 14-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of the …
Business Overview:[1][2]
a) KIL is an ISO 14001:2015 certified manufacturing and trader of readymade garments for Babies, Boys and Girls and dress materials with its main products being Tops, Dresses, Denims, Leggings, Skirts and Ponchos
b) It manufactures products through job work.
c) Company does designing, preparation of sample, quality inspection, ironing and packing of garments