Shri Kanha Stainless Ltd
Incorporated in July 2015, Shri Kanha Stainless Limited specializes in the manufacturing of precision stainless steel cold rolled strips.[1]
- Market Cap ₹ 42.5 Cr.
- Current Price ₹ 27.3
- High / Low ₹ 88.0 / 15.1
- Stock P/E 4.87
- Book Value ₹ 39.4
- Dividend Yield 0.00 %
- ROCE 23.8 %
- ROE 23.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.69 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.5%
- 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 -1.87 days to 67.1 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% | 6% | 9% | 9% |
| 1 | 1 | 1 | 0 | |
| Interest | 4 | 4 | 5 | 4 |
| 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: | 130% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| 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 | 6 | 56 | |
| 48 | 70 | 88 | 33 | |
| Total Liabilities | 57 | 80 | 106 | 150 |
| 17 | 16 | 17 | 18 | |
| CWIP | 0 | 1 | 0 | 0 |
| Investments | 1 | 1 | 2 | 1 |
| 39 | 62 | 88 | 131 | |
| Total Assets | 57 | 80 | 106 | 150 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 2 | 4 | -8 | -31 | |
| -3 | -1 | 4 | -6 | |
| 1 | 10 | -8 | 41 | |
| Net Cash Flow | 0 | 12 | -12 | 4 |
| Free Cash Flow | -1 | 2 | -9 | -34 |
| CFO/OP | 53% | 46% | -53% | -168% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 29 | 79 | 134 | 89 |
| Inventory Days | 40 | 28 | 75 | 98 |
| Days Payable | 3 | 6 | 5 | 57 |
| Cash Conversion Cycle | 66 | 101 | 204 | 131 |
| Working Capital Days | -38 | -71 | -2 | 67 |
| ROCE % | 79% | 89% | 24% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Gross Current Assets (GCA) Days Days |
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| Raw Material Cost as % of Production Cost % |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
2 June 2026 - Forwarded Regulation 31(4) promoter disclosure for FY ended March 31, 2026.
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Change in Auditors
29 May 2026 - Board approved FY26 audited results; net profit Rs 873.69 lakh, no IPO fund deviation.
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Statement of deviation(s) or variation(s) under Reg. 32
29 May 2026 - Half-yearly IPO proceeds statement for March 31, 2026 shows no deviation; Rs. 4,628.16 lakh raised.
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Outcome of Board Meeting
29 May 2026 - Board approved FY26 audited results, unmodified audit opinion, and no IPO fund deviation on May 29, 2026.
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Structural Digital Database
22 May 2026 - SDD compliance certificate for FY ended March 31, 2026; company reported no non-compliance.
Annual reports
No data available.
Concalls
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Mar 2026TranscriptAI SummaryPPT
Business Profile[1]
Shri Kanha Stainless Ltd manufactures precision stainless-steel cold-rolled strips, coils, circles and sheets, including thin and ultra-thin gauges. The Products are supplied mainly to dealers who further cater to sectors such as automotive, textiles, electronics, electricals, consumer durables, pipe & tube manufacturers, kitchenware, utensils, and industrial machinery