Kanani Industries

Small Cap 36k Result

₹9.00

0.3 (3.45%)

As on 12 December, 2023 | 03:25 BSE: 506184 NSE: KANANIINDISIN: INE879E01037

Kanani Industries Performance

Day Range

Low 8.30
High 9.10

₹ 9.00

52 Week Range

Low 5.50
High 11.10

₹ 9.00

Open Price9.00
Previous Close8.70
Volume9142266

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Kanani Industries Share Price

Over 1 Month 22.45%
Over 3 Month 15.38%
Over 6 Month 13.21%
Over 1 Year -11.76%

Kanani Industries Key Statistics

P/E Ratio	83.9
PEG Ratio	-1.3
Market Cap Cr	89
Price to Book Ratio	1.4
EPS	0.1
Dividend	0
Relative Strength Index	77.21
Money Flow Index	90.27
MACD Signal	0.02
Average True Range	0.36

Kanani Industries Investment Rating

Master Rating:
Kanani Industries has an operating revenue of Rs. 257.03 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 3% is fair but needs improvement. The company has a reasonable debt to equity of 16%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 14% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 21 which is a POOR score indicating inconsistency in earnings, a RS Rating of 40 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 66 indicates it belongs to a poor industry group of Retail/Whlsle-Jewelry and a Master Score of D is close to being the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Kanani Industries Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	28	19	18	13	25	25	21
Operating Expenses Qtr Cr	27	19	17	13	25	24	21
Operating Profit Qtr Cr	0	0	0	0	1	0	0
Depreciation Qtr Cr	0	0	0	0	0	0	0
Interest Qtr Cr	0	0	0	0	0	0	0
Tax Qtr Cr	0	0	0	0	0	0	0
Net Profit Qtr Cr	0	0	0	0	0	0	1

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	81	86
Operating Expenses Annual Cr	79	84
Operating Profit Annual in Cr	1	1
Depreciation Cr	0	0
Interest Annual Cr	1	1
Tax Annual Cr	0	0
Net Profit Annual Cr	1	1

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	-7	-2
Cash from Investing Activity Annual Cr	0	0
Cash from Financing Annual Activity Cr	7	2
Net Cash Flow Annual Cr	0	0

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	45	44
Fixed Assets Annual Cr	0	0
Total Non Current Assets Annual Cr	22	22
Total Current Assets Annual Cr	68	70
Total Assets Annual Cr	90	92

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	5	4
ROE Annual %	1	2
ROCE Annual %	3	4
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	2	2

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	66	82	62	48	66	95	43
Operating Expenses Qtr Cr	65	81	62	47	65	94	42
Operating Profit Qtr Cr	1	0	0	1	1	1	1
Depreciation Qtr Cr	0	0	0	0	0	0	0
Interest Qtr Cr	0	0	0	0	0	0	0
Tax Qtr Cr	0	0	0	0	0	0	0
Net Profit Qtr Cr	0	0	0	0	1	1	1

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	271	292
Operating Expenses Annual Cr	267	289
Operating Profit Annual in Cr	3	2
Depreciation Cr	0	0
Interest Annual Cr	1	1
Tax Annual Cr	0	0
Net Profit Annual Cr	2	2

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	-3	-2
Cash from Investing Activity Annual Cr	0	0
Cash from Financing Annual Activity Cr	7	2
Net Cash Flow Annual Cr	3	0

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	63	59
Fixed Assets Annual Cr	0	0
Total Non Current Assets Annual Cr	0	0
Total Current Assets Annual Cr	130	141
Total Assets Annual Cr	131	141

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	6	6
ROE Annual %	3	3
ROCE Annual %	4	5
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	1	1

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Kanani Industries Technicals

EMA & SMA

Current Price

₹9.00

0.3 (3.45%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹7.89

50 Day
₹7.82

100 Day
₹7.81

200 Day
₹8.19

20 Day
₹7.74

50 Day
₹7.98

100 Day
₹7.73

200 Day
₹7.62

Kanani Industries Resistance and Support

PIVOT

₹8.81

Resistance
First Resistance	9.30
Second Resistance	9.60
Third Resistance	10.10

RSI	77.21
MFI	90.27
MACD Single Line	0.02
MACD	0.19

Support
First Resistance	8.50
Second Resistance	8.00
Third Resistance	7.70

Kanani Industries Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	15,379,897	676,100,272	43.96
Week	4,926,501	263,715,599	53.53
1 Month	1,486,896	85,095,067	57.23
6 Month	512,852	32,401,994	63.18

Kanani Industries Result Highlights

Kanani Industries Synopsis

NSE-Retail/Whlsle-Jewelry

Kanani Industries Lt is involved in the business activities of Manufacture of jewellery and related articles. Company’s Total Operating Revenue is Rs. 80.49 Cr. and Equity Capital is Rs. 9.89 Cr. for the Year ended 31/03/2023. Kanani Industries Ltd. is a Public Limited Listed company incorporated on 22/03/1983 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L51900MH1983PLC029598 and registration number is 029598.

Market Cap	89
Sales	77
Shares in Float	3.86
No of funds
Yield

Book Value	2.02
U/D Vol ratio	1.3
LTDebt / Equity	23
Alpha	-0.08
Beta	1.15