1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Luxury Goods
Kanani Industries Limited

Kanani Industries Limited

KANANIIND.BO
Kanani Industries LimitedIN flagBombay Stock Exchange
1.50
INR
-0.04
- -
296.80MMarket Cap
Kanani Industries Limited
KANANIIND.BO
(Bombay Stock Exchange)

Recent

price

1.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
7.67
8.37
14.76
17.07
22.45
25.07
22.37
19.49
17.39
19.03
15.75
14.69
27.34
11.26
8.65
8.77
9.05
Revenue per Share
0.82
0.03
0.05
0.15
0.08
0.1
0.03
0.04
0.11
0.13
0.02
0.09
0.22
0.03
0.04
0.13
0.13
Basic EPS, GAAP
- -
-2.52
1.47
-0.33
-0.15
0.3
-0.18
-0.33
-0.08
0.31
0.15
-0.1
-0.2
0.97
0.29
0.01
- -
Free Cash Flow per Basic Share
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.45
2.03
2.08
2.23
2.27
2.35
2.37
2.41
2.52
2.65
2.67
2.76
5.74
2.9
2.99
1
1.03
Book Value per Share
2.01
2.01
2.1
2.25
2.32
2.46
2.47
2.51
2.66
2.86
2.85
2.97
6.33
3.2
3.33
3.5
3.61
Tangible Book Value per Share
198
198
198
198
198
198
198
198
198
198
198
198
99
198
195
198
192
Basic Weighted Avg Shares
1,517
1,656
2,921
3,378
4,441
4,960
4,426
3,856
3,441
3,766
3,116
2,907
2,705
2,228
1,685
1,738
1,738
Sales/Revenue/Turnover
2.1
2.16
0.47
1
0.55
0.44
-0.06
0.24
1.02
0.84
0.28
0.58
1.18
0.24
0.17
0.78
0.78
Operating Margin (%)
1
1
1
1
1
1
2
1
3
1
1
1
1
- -
- -
- -
- -
Depreciation Expense
162
7
10
30
17
19
5
8
22
26
4
18
22
6
8
26
26
Net Income, GAAP
- -
8.77
7.93
3.16
5.85
9.07
25.2
14.39
6.89
6.66
19.4
10.33
6.29
7.81
3.8
2.63
2.63
Effective Tax Rate (%)
10.67
0.41
0.33
0.89
0.37
0.39
0.11
0.21
0.63
0.68
0.14
0.62
0.8
0.28
0.46
1.48
1.48
Profit Margin (%)
882
388
407
465
470
498
500
533
578
604
583
590
725
690
647
697
697
Working Capital
496
- -
- -
28
18
19
17
40
58
44
22
6
101
59
- -
5
5
LT Debt
398
398
416
445
460
486
489
498
526
565
565
588
627
633
648
694
694
Total Equity
4.64
3.68
1.76
5.18
3.04
2.47
-0.25
0.99
3.73
3.44
0.87
1.88
3.37
0.61
0.42
1.96
1.96
Return on Invested Capital (%)
37.33
3.81
1.33
6.42
3.2
2.79
1.76
2.32
3.61
3.99
1.66
3.26
3.48
1.64
1.28
6.57
6.57
Return on Capital (%)
179.94
2.77
2.36
7.03
3.74
4.19
1.08
1.71
4.47
5.02
0.84
3.36
3.9
1.08
1.35
6.61
6.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
3
- -
5
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
198
- -
198
Market Capitalization
394
348
206

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
954
- -
1,041
Cash, Cash Equivalents & STI
8
- -
21
Accounts Receivable, Net
816
- -
855
Inventories
125
- -
165
Total Current Liabilities
284
- -
344
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.66%
4.24%
7.02%
Free Cash Flow
-212.36%
-281.34%
-96.71%
Net Income, GAAP
60.82%
103.35%
230.79%
Sales/Revenue/Turnover
-9.47%
-10.5%
3.16%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
817
658
220
533
2,228
2025
665
473
209
337
1,685
2026
837
487
285
129
1,738

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
- -
- -
0.03
2025
0.01
- -
0.04
-0.01
0.04
2026
0.01
0.07
0.02
0.03
0.13

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Fashionette AG (FSNT.F)
Titan Company Limited (TITAN.BO)
Vivara Participações S.A. (VIVA3.SA)
Prada S.p.A. (1913.HK)
Watches of Switzerland Group plc (WOSGF)
Pranda Jewelry Public Company Limited (PDJ.BK)
Business
Kanani Industries Limited manufactures and exports diamond studded jewelry from its manufacturing facility in Surat, Gujarat, supplying products to domestic and international markets including Hong Kong; its core offerings encompass intricately finished diamond studded gold jewelry pieces such as rings, earrings, necklaces, pendants, and bangles produced through a vertically integrated process emphasizing master craftsmanship, attention to detail, and stringent quality controls. Incorporated in 1983 as Shivlaxmi Mercantile Company Limited and headquartered at GE-1080, Bharat Diamond Bourse, Bandra Kurla Complex, Mumbai, India, the company was acquired by promoters Premjibhai D. Kanani and Vinubhai L. Kanani in April 2007 under the name IMP Finance Limited before changing to its current name in October 2007; it operates a sophisticated hyper-technical unit on company-owned land at the SEZ in Sachin, Surat. Recent developments include a 1:1 bonus issue announced with an ex-date of January 30, 2024, approval in the 2023-2024 annual report for borrowings and investments up to Rs. 75 crore to support working capital and strategic opportunities, revised un-audited financial results for the quarter and half-year ended September 30, 2025, and consolidated financial results for the year ended March 31, 2025 showing revenue fluctuations alongside net profit margin improvements into fiscal 2025-2026.