Karnika Industries Ltd
₹ 678
4.89%
13 May
- close price
About
Incorporated in 2017, Karnika Industries Ltd manufactures and deals with ready-made garments for children[1]
Key Points
- Market Cap ₹ 841 Cr.
- Current Price ₹ 678
- High / Low ₹ 684 / 228
- Stock P/E 52.7
- Book Value ₹ 51.2
- Dividend Yield 0.01 %
- 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 13.2 times its book value
- 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: | 126% |
| 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
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
18 April 2025 - Exemption from corporate governance norms under SEBI Listing Regulations for FY25
-
Structural Digital Database
16 April 2025 - Submission of SDD compliance certificate for March 2025 quarter.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 April 2025 - Submission of SEBI Regulation 74(5) compliance certificate for March 2025 quarter.
-
Trading Window-XBRL
26 March 2025 - KARNIKA INDUSTRIES LIMITED has informed about Closure of Trading Window
-
Trading Window
26 March 2025 - Trading window closed from April 1, 2025 until 48 hours after audited FY25 results
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