Kanishk Steel Industries Limited

Kanishk Steel Industries Limited

BBSE:KANSHST
41.93
INR
+0.43
(+1.04%)
2.37EPS
22.58P/E
1.52BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
103.05
105.87
95.87
80.54
82.55
116.15
90.46
86.26
110.49
141.44
136.47
126.6
142.98
138.08
Basic EPS, GAAP
0.43
-0.23
1.66
0.17
0.56
1.5
0.71
2
9.24
3.34
0.91
2.93
1.79
2.37
Free Cash Flow per Basic Share
5.82
0.34
-4.42
5.8
-2.26
-2.39
0.89
-1.34
-0.61
-16.4
0.13
-7.97
1.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
14.83
14.94
15.62
16.15
16.6
18.06
18.77
20.77
29.98
33.35
34.29
37.22
38.91
- -
Tangible Book Value per Share
14.83
14.94
15.62
16.15
16.6
18.06
18.77
20.77
29.98
33.35
34.29
37.22
38.91
- -
Basic Weighted Avg Shares
28
29
28
28
28
28
28
28
28
28
28
28
28
28
Sales/Revenue/Turnover
2,930
3,038
2,726
2,290
2,347
3,303
2,572
2,453
3,142
4,022
3,881
3,600
4,066
3,928
Operating Margin (%)
2.18
1.41
1.15
0.26
2.78
2.94
0.5
-5.54
9.26
2.88
0.4
3.7
3.31
2.87
Depreciation Expense
24
36
14
15
9
9
8
8
11
12
53
20
31
37
Net Income, GAAP
12
-7
47
5
16
43
20
57
263
95
26
83
51
67
Effective Tax Rate (%)
32.07
118.09
22.75
67.83
40.88
40.73
- -
10.18
18.34
33.36
31.84
40.37
11.9
- -
Profit Margin (%)
0.42
-0.22
1.74
0.21
0.67
1.29
0.79
2.32
8.37
2.36
0.67
2.31
1.25
1.72
Working Capital
185
205
261
292
307
352
350
221
444
506
456
191
203
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
259
219
1
10
- -
Total Equity
422
425
444
459
472
513
534
591
853
948
975
1,059
1,107
- -
Return on Invested Capital (%)
2.2
-0.48
8.32
0.66
6.62
9.15
- -
-16.89
28.92
6.86
0.77
10.25
8.99
- -
Return on Capital (%)
5.82
-2.21
12.61
2.35
5.08
9.09
- -
9.51
30.48
8.3
3.76
7.49
7.97
- -
Return on Common Equity (%)
2.94
-1.56
10.89
1.06
3.39
8.67
3.87
10.1
36.42
10.55
2.7
8.18
4.71
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
275
- -
LT Borrowings
- -
10
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
28
28
Market Capitalization
1,631
1,227
1,521

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
830
- -
Cash, Cash Equivalents & STI
- -
23
- -
Accounts Receivable, Net
- -
202
- -
Inventories
- -
545
- -
Total Current Liabilities
- -
627
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
275
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.11%
14.3%
4.54%
Free Cash Flow
-462.58%
-774.52%
-112.95%
Net Income, GAAP
84.62%
81.51%
-38.71%
Sales/Revenue/Turnover
5.87%
11.66%
12.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
797
936
881
986
3,600
2026
1,012
949
963
1,142
4,066
2027
874
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.07
0.25
3.17
-0.56
2.93
2026
0.51
0.64
0.77
0.44
1.79
2027
0.52
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vishal Keyal
Full Time Employees
142
Sector
Non-energy minerals
Industry
Steel
Address
Old No. 4, New No. 7 Chennai TN India 600004
IPO Date
Nov 9, 1992
Business
Kanishk Steel Industries Limited manufactures and supplies iron and steel products under the KANISHK STEELS brand in India. The company produces thermo mechanically treated (TMT) steel bars conforming to Bureau of Indian Standards BIS 1786 for use in commercial and residential high-rise buildings, bridges, dams, power plants, and other concrete structures; structural steel products including joists, I and H beams, channels, angles, squares, rounds, flats, CTD bars, wire rods, and profiles conforming to IS 2062 (equivalent to ASTM, BS, DIN) for mining, tunnel construction, factory structures, transmission towers, bridges, ships, railways, and infrastructure projects; and sponge iron as a key constituent in steel manufacturing. It serves major project customers such as Jindal South West, Madras Cements, Suzlon Energy, and SEZ developers including SEP Sons and Coromandel Engineering, with operations focused on the Indian market from facilities in Tamil Nadu. Incorporated in 1989 as a private limited company and converted to public limited status in 1992, Kanishk Steel Industries Limited maintains headquarters at Old No. 4, New No. 7, Chennai, Tamil Nadu. The company, promoted by the O.P. Gupta family and part of the OPG Enterprises Group, employs around 126 people and lists on the Bombay Stock Exchange under ticker 513456 (KANSHST.BO). It holds ISO 9001:2000 certification and reported turnover of Rs. 25,197.48 lakhs as of March 31, 2017, with recent fiscal year 2025 operating profit of Rs. 8 crore. In recent developments, the company underwent a significant corporate restructuring in 2013, transferring its Power Division to Gita Renewable Energy Limited and Sponge Iron Division to Chennai Ferrous Industries Limited. As of June 2025, ICRA downgraded its ratings to [ICRA]BB+ (Stable)/[ICRA]A4+ from [ICRA]BBB-/[ICRA]A3 due to weaker FY2025 performance from delayed backward-integrated solar power project commissioning and steel price corrections, though outlook improved to Stable amid promoter experience, capacity expansions in billet/rolling mills, term loan prepayments via wind power asset monetization, and expected FY2026 cash flow improvements. A board meeting is scheduled for November 12, 2025, to consider key matters, signaling ongoing strategic activities.