Kanani Industries Limited

Company Profile

Kanani Industries Limited had its IPO on under the ticker symbol 506184.

The company operates in the Other sector and Other industry. Kanani Industries Limited has a staff strength of 0 employees.

Stock update

Shares of Kanani Industries Limited opened at ₹8.15 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹8.15 - ₹8.16, and closed at ₹8.16.

This is a +4.88% increase from the previous day's closing price.

A total volume of 50,814 shares were traded at the close of the day’s session.

In the last one week, shares of Kanani Industries Limited have increased by +13.97%.

Kanani Industries Limited's Key Ratios

Kanani Industries Limited has a market cap of ₹419.48 million, indicating a price to book ratio of 0.6882 and a price to sales ratio of 0.1106.

In the last 12-months Kanani Industries Limited’s revenue was ₹3.61 billion with a gross profit of ₹68.59 million and an EBITDA of ₹33.51 million. The EBITDA ratio measures Kanani Industries Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kanani Industries Limited’s operating margin was 0.9% while its return on assets stood at 0% with a return of equity of 0%.

In Q2, Kanani Industries Limited’s quarterly earnings growth was a positive 0% while revenue growth was a negative 18.1%.

Kanani Industries Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

15.1154

PEG

Its diluted EPS in the last 12-months stands at ₹0.256 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Kanani Industries Limited’s profitability.

Kanani Industries Limited stock is trading at a EV to sales ratio of 0.166 and a EV to EBITDA ratio of 15.3759. Its price to sales ratio in the trailing 12-months stood at 0.1106.

Kanani Industries Limited stock pays annual dividends of ₹ per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹1.31 billion

Total Liabilities

₹577.63 million

Operating Cash Flow

₹334000.00

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Kanani Industries Limited ended 2024 with ₹1.31 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹1.31 billion while shareholder equity stood at ₹626.64 million.

Kanani Industries Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹577.63 million in other current liabilities, 98934000.00 in common stock, ₹527.70 million in retained earnings and ₹0.00 in goodwill. Its cash balance stood at ₹0 and cash and short-term investments were ₹85.55 million. The company’s total short-term debt was ₹212,700,000 while long-term debt stood at ₹100.87 million.

Kanani Industries Limited’s total current assets stands at ₹1.30 billion while long-term investments were ₹0 and short-term investments were ₹4.91 million. Its net receivables were ₹949.22 million compared to accounts payable of ₹0 and inventory worth ₹260.29 million.

In 2024, Kanani Industries Limited's operating cash flow was ₹334000.00 while its capital expenditure stood at ₹0.

Comparatively, Kanani Industries Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹8.16

52-Week High

₹13.75

52-Week Low

₹5.43

Analyst Target Price

₹

Kanani Industries Limited stock is currently trading at ₹8.16 per share. It touched a 52-week high of ₹13.75 and a 52-week low of ₹13.75. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹7.4 and 200-day moving average was ₹7.92 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 8781% of the company’s stock are held by insiders while 0% are held by institutions.