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Kanishk Steel

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE791E01018
  • NSEID:
  • BSEID: 513456
INR
35.34
1.73 (5.15%)
BSENSE

Apr 11, 12:50 PM

BSE+NSE Vol: 6.36 k

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

33.1135.69

52 Week

24.2551.00
Valuation
Technical
Day's Volume

CASH

6.36 k (-38.57%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

67.51%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 3.50%

  • Poor long term growth as Net Sales has grown by an annual rate of 3.41% over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.01
2

Stock is technically in a Mildly Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 99 Cr (Micro Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.50

stock-summary
Return on Equity

6.60%

stock-summary
Price to Book

0.98

Revenue and Profits (1 Year):
Net Sales:
88 Cr
(Quarterly Results - Dec 2024)
Net Profit:
9 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-26.25%
0%
-26.25%
1 Year
17.41%
0%
17.41%
2 Years
45.49%
0%
45.49%
3 Years
-9.38%
0%
-9.38%
4 Years
258.05%
0%
258.05%
5 Years
242.11%
0%
242.11%

Latest dividend: 0.6 per share ex-dividend date: Sep-18-2008

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
3.41%
EBIT Growth (5y)
20.49%
EBIT to Interest (avg)
1.01
Debt to EBITDA (avg)
7.23
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.78
Tax Ratio
33.88%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.06%
ROE (avg)
11.43%
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
29
Price to Book Value
0.98
EV to EBIT
100.39
EV to EBITDA
40.72
EV to Capital Employed
0.99
EV to Sales
0.40
PEG Ratio
0.40
Dividend Yield
NA
ROCE (Latest)
-0.91%
ROE (Latest)
6.60%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Sideways
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Rajesh Kumar Gupta (19.37%)

Highest Public shareholder

Chennai Material Recycling And Trading Company Private Ltd (8.76%)

Individual Investors Holdings

13.44%

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -5.95% vs 17.45% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1,188.57% vs 233.33% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "88.07",
          "val2": "93.64",
          "chgp": "-5.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.39",
          "val2": "2.26",
          "chgp": "50.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.75",
          "val2": "1.22",
          "chgp": "-38.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.02",
          "val2": "0.70",
          "chgp": "1,188.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.85%",
          "val2": "2.41%",
          "chgp": "1.44%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -12.36% vs 1.50% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -75.94% vs -67.31% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "173.37",
          "val2": "197.82",
          "chgp": "-12.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.04",
          "val2": "5.41",
          "chgp": "-43.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.48",
          "val2": "1.83",
          "chgp": "35.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.90",
          "val2": "3.74",
          "chgp": "-75.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.75%",
          "val2": "2.73%",
          "chgp": "-0.98%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -10.04% vs -1.86% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 62.62% vs -44.34% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "261.44",
          "val2": "290.62",
          "chgp": "-10.04%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.43",
          "val2": "9.63",
          "chgp": "-33.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.23",
          "val2": "3.00",
          "chgp": "7.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.92",
          "val2": "6.10",
          "chgp": "62.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.46%",
          "val2": "3.31%",
          "chgp": "-0.85%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -3.51% vs 28.01% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -72.63% vs -63.86% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "388.08",
          "val2": "402.21",
          "chgp": "-3.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.76",
          "val2": "0.87",
          "chgp": "677.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.35",
          "val2": "1.18",
          "chgp": "268.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.60",
          "val2": "9.50",
          "chgp": "-72.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.74%",
          "val2": "0.22%",
          "chgp": "1.52%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
88.07
93.64
-5.95%
Operating Profit (PBDIT) excl Other Income
3.39
2.26
50.00%
Interest
0.75
1.22
-38.52%
Exceptional Items
0.00
0.00
Standalone Net Profit
9.02
0.70
1,188.57%
Operating Profit Margin (Excl OI)
3.85%
2.41%
1.44%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -5.95% vs 17.45% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 1,188.57% vs 233.33% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
173.37
197.82
-12.36%
Operating Profit (PBDIT) excl Other Income
3.04
5.41
-43.81%
Interest
2.48
1.83
35.52%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.90
3.74
-75.94%
Operating Profit Margin (Excl OI)
1.75%
2.73%
-0.98%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -12.36% vs 1.50% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -75.94% vs -67.31% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
261.44
290.62
-10.04%
Operating Profit (PBDIT) excl Other Income
6.43
9.63
-33.23%
Interest
3.23
3.00
7.67%
Exceptional Items
0.00
0.00
Standalone Net Profit
9.92
6.10
62.62%
Operating Profit Margin (Excl OI)
2.46%
3.31%
-0.85%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -10.04% vs -1.86% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 62.62% vs -44.34% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
388.08
402.21
-3.51%
Operating Profit (PBDIT) excl Other Income
6.76
0.87
677.01%
Interest
4.35
1.18
268.64%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.60
9.50
-72.63%
Operating Profit Margin (Excl OI)
1.74%
0.22%
1.52%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -3.51% vs 28.01% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -72.63% vs -63.86% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Kanishk Steel Industries Ltd stock-summary
stock-summary
Kanishk Steel Industries Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Kanishk Steel Industries Limited is the largest steel manufacturer in South India since 1989 having of its Furnace Unit and Rolling Mill to produce various front-line Rolled Steel products. The products of the Company under the brand of "KANISHK STEELS" continue to deserve for Quality, Price and Delivery in the Indian Steel Market. The Company is presently engaged in the manufacture and supply of Iron and Steel Products. Promoted by the Gupta Bros.
Company Coordinates stock-summary
Company Details
B27 (M) SIPCOT Industrial Cmpl, Gummidipoondi Thiruvallur Dist Chennai Tamil Nadu : 601201
stock-summary
Tel:
stock-summary
http://www.kanishksteels.com
stock-summary
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai
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