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5061

Kanani Industries BSE:506184 Stock Report

Last Price

₹40.80

Market Cap

₹4.0b

7D

21.6%

1Y

895.1%

Updated

19 May, 2022

Data

Company Financials
506184 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

506184 Stock Overview

Kanani Industries Limited engages in the manufacture and export of diamond studded jewelry in India.

Kanani Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kanani Industries
Historical stock prices
Current Share Price₹40.80
52 Week High₹40.80
52 Week Low₹4.09
Beta0.68
1 Month Change41.42%
3 Month Change135.84%
1 Year Change895.12%
3 Year Change665.48%
5 Year Change213.85%
Change since IPO23,214.55%

Recent News & Updates

Shareholder Returns

506184IN LuxuryIN Market
7D21.6%2.4%1.2%
1Y895.1%37.4%8.1%

Return vs Industry: 506184 exceeded the Indian Luxury industry which returned 41.1% over the past year.

Return vs Market: 506184 exceeded the Indian Market which returned 10.5% over the past year.

Price Volatility

Is 506184's price volatile compared to industry and market?
506184 volatility
506184 Average Weekly Movement7.1%
Luxury Industry Average Movement8.0%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.8%

Stable Share Price: 506184 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 506184's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198332Harshil Kananihttps://www.kananiindustries.com

Kanani Industries Limited engages in the manufacture and export of diamond studded jewelry in India. The company was formerly known as IMP Finance Limited and changed its name to Kanani Industries Limited in October 2007. Kanani Industries Limited was incorporated in 1983 and is based in Mumbai, India.

Kanani Industries Fundamentals Summary

How do Kanani Industries's earnings and revenue compare to its market cap?
506184 fundamental statistics
Market Cap₹4.04b
Earnings (TTM)₹18.05m
Revenue (TTM)₹2.91b

223.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
506184 income statement (TTM)
Revenue₹2.91b
Cost of Revenue₹2.85b
Gross Profit₹56.59m
Other Expenses₹38.54m
Earnings₹18.05m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin1.95%
Net Profit Margin0.62%
Debt/Equity Ratio41.6%

How did 506184 perform over the long term?

See historical performance and comparison

Valuation

Is Kanani Industries undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


223.6x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 506184's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 506184's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: 506184 is poor value based on its PE Ratio (223.6x) compared to the Indian Luxury industry average (12.8x).

PE vs Market: 506184 is poor value based on its PE Ratio (223.6x) compared to the Indian market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 506184's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 506184 is overvalued based on its PB Ratio (6.9x) compared to the IN Luxury industry average (1.3x).


Future Growth

How is Kanani Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


31.7%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kanani Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Kanani Industries performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 506184 has high quality earnings.

Growing Profit Margin: 506184's current net profit margins (0.6%) are higher than last year (0.1%).


Past Earnings Growth Analysis

Earnings Trend: 506184's earnings have grown by 3.5% per year over the past 5 years.

Accelerating Growth: 506184's earnings growth over the past year (311%) exceeds its 5-year average (3.5% per year).

Earnings vs Industry: 506184 earnings growth over the past year (311%) exceeded the Luxury industry 103%.


Return on Equity

High ROE: 506184's Return on Equity (3.1%) is considered low.


Financial Health

How is Kanani Industries's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 506184's short term assets (₹1.4B) exceed its short term liabilities (₹816.1M).

Long Term Liabilities: 506184's short term assets (₹1.4B) exceed its long term liabilities (₹5.9M).


Debt to Equity History and Analysis

Debt Level: 506184's net debt to equity ratio (33.8%) is considered satisfactory.

Reducing Debt: 506184's debt to equity ratio has reduced from 58.8% to 41.6% over the past 5 years.

Debt Coverage: 506184's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 506184's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Dividend

What is Kanani Industries's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 506184's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 506184's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 506184's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 506184's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 506184 is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 506184 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average board tenure


CEO

Harshil Kanani (38 yo)

no data

Tenure

₹501,000

Compensation

Mr. Harshil Premjibhai Kanani serves as the Managing Director of Kanani Industries Ltd. and has been its Director since July 28, 2007.


CEO Compensation Analysis

Compensation vs Market: Harshil's total compensation ($USD6.45K) is below average for companies of similar size in the Indian market ($USD38.73K).

Compensation vs Earnings: Harshil's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 506184's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 506184 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kanani Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kanani Industries Limited
  • Ticker: 506184
  • Exchange: BSE
  • Founded: 1983
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ₹4.037b
  • Shares outstanding: 98.93m
  • Website: https://www.kananiindustries.com

Number of Employees


Location

  • Kanani Industries Limited
  • GE 1080, Bharat Diamond Bourse
  • G-Block
  • Mumbai
  • Maharashtra
  • 400051
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.