💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Kanani Industries Limited is an India-based company. The Company is engaged in the diamond-studded jewelry business. The Company's plant is located at Surat, Gujarat. The Company's subsidiary is KIL International Limited.
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, slow-growing business, trading cheap versus its own history.
KANANI INDUSTRIES is scored on the consumer / fmcg framework. It keeps a thin 1.5% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.07×) — worth a closer look. Free cash flow is worth about 0.6% of its market value.
Over the last 3 years revenue compounded at -14%/yr and profit at 6%/yr. Book value has grown 4%/yr. Return on equity is a weak 3.6%.
At 12× earnings, the stock sits at the 10th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~2%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 11.77 | — | — |
| P/B | 0.42 | — | — |
| EV/EBITDA | 10.97 | 2.67 | worse |
| ROE | 3.65 | 9.75 | worse |
| ROCE | 3.87 | 11.92 | worse |
| ROA | 2.55 | — | — |
| Quick Ratio | 2.55 | 2.41 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Titan Company | 63.0 | 24.3 | 38.5% |
| Kalyan Jewellers | 42.5 | 9.7 | 21.4% |
| Lalithaa Jewellery MART L | 20.7 | 5.1 | 34.5% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (6% vs -14%) — margin expansion is at work. The latest year saw a +231% swing — check if it's a one-off or structural.
Operating margins have been stable around 2% — no major structural shift.
ROE at 4% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
Profit grew faster than EPS (6% vs -16%) — share dilution is eroding per-share value. -16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.1× PAT — reported profit isn't translating into cash, raising earnings quality questions. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 20% sequentially — momentum is building. Wide quarterly swings (83% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 239% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 4375% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 33.8% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.