KANANI INDUSTRIES LTD.

Company Profile

KANANI INDUSTRIES LTD. had its IPO on under the ticker symbol KANANIIND.

The company operates in the Consumer Cyclical sector and Luxury Goods industry. KANANI INDUSTRIES LTD. has a staff strength of 0 employees.

Stock update

Shares of KANANI INDUSTRIES LTD. 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 LTD. have increased by +13.97%.

KANANI INDUSTRIES LTD.'s Key Ratios

KANANI INDUSTRIES LTD. has a market cap of ₹728.15 million, indicating a price to book ratio of 0.1022 and a price to sales ratio of 0.3713.

In the last 12-months KANANI INDUSTRIES LTD.’s revenue was ₹2.70 billion with a gross profit of ₹72.32 million and an EBITDA of ₹31.82 million. The EBITDA ratio measures KANANI INDUSTRIES LTD.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, KANANI INDUSTRIES LTD.’s operating margin was 1.15% while its return on assets stood at 1.43% with a return of equity of 3.58%.

In Q1, KANANI INDUSTRIES LTD.’s quarterly earnings growth was a positive 100% while revenue growth was a positive 45.4%.

KANANI INDUSTRIES LTD.’s PE and PEG Ratio

Forward PE

0

Trailing PE

33.4545

PEG

Its diluted EPS in the last 12-months stands at ₹0.22 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 LTD.’s profitability.

KANANI INDUSTRIES LTD. stock is trading at a EV to sales ratio of 0.4647 and a EV to EBITDA ratio of 32.8057. Its price to sales ratio in the trailing 12-months stood at 0.3713.

KANANI INDUSTRIES LTD. stock pays annual dividends of ₹0 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

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

KANANI INDUSTRIES LTD. 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 LTD. ended 2024 with ₹0 in deferred long-term liabilities, ₹577.63 million in other current liabilities, in common stock, ₹0 in retained earnings and ₹0.00 in goodwill. Its cash balance stood at ₹80.63 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹100.87 million.

KANANI INDUSTRIES LTD.’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 ₹361.40 million and inventory worth ₹260.29 million.

In 2024, KANANI INDUSTRIES LTD.'s operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, KANANI INDUSTRIES LTD. 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 LTD. 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 ₹7.42 and 200-day moving average was ₹7.91 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7405.3% of the company’s stock are held by insiders while 0% are held by institutions.