Shri Kanha Stainless Ltd
Incorporated in 2015, Shri Kanha Stainless Ltd is in the business of
manufacturing and trading of the stainless steel.[1]
- Market Cap ₹ 34.2 Cr.
- Current Price ₹ 22.0
- High / Low ₹ 88.0 / 15.1
- Stock P/E 3.93
- Book Value ₹ 39.4
- Dividend Yield 0.00 %
- ROCE 18.2 %
- ROE 23.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.56 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.4%
- Promoter holding has increased by 1.59% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from -3.07 days to 64.6 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 135 | 130 | 146 | 206 | |
| 131 | 122 | 132 | 188 | |
| Operating Profit | 5 | 8 | 14 | 18 |
| OPM % | 3.4% | 6% | 9% | 9% |
| 1 | 1 | 1 | 0 | |
| Interest | 4 | 4 | 5 | 5 |
| Depreciation | 1 | 1 | 2 | 2 |
| Profit before tax | 1 | 4 | 8 | 12 |
| Tax % | 24% | 26% | 25% | 25% |
| 1 | 3 | 6 | 9 | |
| EPS in Rs | 8.28 | 29.89 | 66.55 | 5.61 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 129% |
| TTM: | 50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.87 | 0.87 | 0.87 | 16 |
| Reserves | 3 | 6 | 11 | 46 |
| 5 | 4 | 51 | 56 | |
| 48 | 70 | 43 | 33 | |
| Total Liabilities | 57 | 80 | 106 | 150 |
| 17 | 16 | 17 | 18 | |
| CWIP | 0 | 1 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 |
| 39 | 62 | 89 | 132 | |
| Total Assets | 57 | 80 | 106 | 150 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 2 | 4 | -9 | -31 | |
| -3 | -1 | 5 | -6 | |
| 1 | 10 | -8 | 41 | |
| Net Cash Flow | 0 | 12 | -12 | 4 |
| Free Cash Flow | -1 | 2 | -10 | -34 |
| CFO/OP | 53% | 46% | -59% | -164% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 29 | 79 | 134 | 89 |
| Inventory Days | 40 | 28 | 75 | 101 |
| Days Payable | 3 | 6 | 116 | 58 |
| Cash Conversion Cycle | 66 | 101 | 93 | 131 |
| Working Capital Days | -38 | -71 | -3 | 65 |
| ROCE % | 79% | 34% | 18% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Number of Product Categories Manufactured count |
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| Raw Material as % of Production Cost % |
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Extracted by Screener AI
Documents
Announcements
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Trading Window
- Trading window closed from October 1, 2026 until 48 hours after H1 FY2026-27 results.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Company executives attended Bharat Connect Group Conference – Rising Stars 2026 on September 25, 2026.
-
Amendment to AOA/MOA
- On September 25, 2026 AGM approved MOA alteration to add solar and renewable energy structures business.
-
Shareholders meeting
- 11th AGM held September 25, 2026; all five resolutions passed with requisite majority.
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Shareholders meeting
- Shri Kanha Stainless held its 11th AGM on September 25, 2026, approving adoption of accounts, object clause change and RPTs.
Concalls
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Mar 2026PPT
Business Overview:[1][2]
SKSL is engaged in the manufacturing of stainless-steel sheets and related products such as stainless-steel circle, stainless steel
strip, stainless steel coil mix, and cold rolled strips, circles and sheets rolled to 0.08 mm, thinner than a human hair. It offers a wide
choice of thin and ultra-thin variants
engineered to exact customer
properties