Kanishk Steel Industries Ltd

Kanishk Steel Industries Ltd

₹ 54.5 1.38%
05 Mar - close price
About

Incorporated in 1989, Kanishk Steel Ltd is a manufacturer and supplier of Iron & Steel products[1]

Key Points

Business Overview:[1]
KSL is an ISO 9001:2000 certified company and is a partof OPG Enterprises Group. The company manufactures steel products (Finished goods) both Constructional steel and Structural steel conforming to the Bureau of Indian Standards BIS 1786 and IS 2062 (equivalent to ASTM, BS, DIN)

  • Market Cap 155 Cr.
  • Current Price 54.5
  • High / Low 66.0 / 25.0
  • Stock P/E 304
  • Book Value 16.6
  • Dividend Yield 0.00 %
  • ROCE 9.23 %
  • ROE 1.14 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.28 times its book value
  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.10.5 Cr.
  • Debtor days have increased from 73.1 to 94.2 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -3.59%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016
65.21 70.10 55.60 112.89 78.69 60.58 55.99 77.35
62.89 68.01 53.29 113.09 77.24 59.67 55.78 79.21
Operating Profit 2.32 2.09 2.31 -0.20 1.45 0.91 0.21 -1.86
OPM % 3.56% 2.98% 4.15% -0.18% 1.84% 1.50% 0.38% -2.40%
0.12 0.09 0.26 0.89 0.18 6.17 0.85 3.33
Interest 0.93 0.67 0.80 0.49 0.84 1.10 0.45 0.84
Depreciation 1.03 0.97 1.26 0.32 0.41 0.41 0.54 0.52
Profit before tax 0.48 0.54 0.51 -0.12 0.38 5.57 0.07 0.11
Tax % 33.33% 33.33% 33.33% 966.67% 34.21% 17.59% -0.00% 263.64%
0.21 0.04 -0.04 -1.78 0.02 4.77 -0.04 0.25
EPS in Rs 0.07 0.01 -0.01 -0.63 0.01 1.68 -0.01 0.09
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
304 272
295 270
Operating Profit 9 2
OPM % 3% 1%
1 10
Interest 5 5
Depreciation 4 2
Profit before tax 1 6
Tax % 81% 23%
-0 5
EPS in Rs -0.08 1.76
Dividend Payout % -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 332%
Stock Price CAGR
10 Years: 24%
5 Years: 43%
3 Years: 27%
1 Year: 105%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
Equity Capital 28 28
Reserves 14 19
5 22
95 89
Total Liabilities 143 158
16 15
CWIP -0 -0
Investments 5 5
122 138
Total Assets 143 158

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
13 -12
-1 -0
-14 14
Net Cash Flow -2 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016
Debtor Days 52 94
Inventory Days 67 63
Days Payable 89 84
Cash Conversion Cycle 30 73
Working Capital Days 19 26
ROCE % 9%

Insights

In beta
Mar 2015Jun 2016Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Nov 2024
Number of Permanent Employees
Number ・Standalone data

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Production Volume (Manufactured Steel Products)
MT ・Standalone data
Sales Volume (Manufactured Steel Products)
MT ・Standalone data
Installed Capacity - Induction Furnace (Steel Melting Shop)
TPA ・Standalone data
Installed Capacity - Rolling Mill
TPA ・Standalone data
Solar Power Plant Capacity
MW ・Standalone data
Wind Power Plant Capacity (Disposed in FY25)
MW ・Standalone data

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
70.32% 69.52% 69.52% 68.01% 67.89% 67.81% 67.68% 67.50% 67.45% 67.16% 67.00% 66.84%
29.67% 30.48% 30.49% 31.99% 32.11% 32.20% 32.30% 32.50% 32.54% 32.83% 33.00% 33.16%
No. of Shareholders 6,2986,4316,4646,7137,1267,4177,3317,3337,3847,3487,2347,117

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