Cranex

Why is Cranex Ltd falling/rising?

As of 09-Jun, Cranex Ltd's stock price is rising to 77.99, reflecting a 0.85% increase, driven by a strong weekly performance. However, it has underperformed its sector today and shows mixed signals in moving averages, alongside a decline in investor participation.

As of 09-Jun, Cranex Ltd's stock price is rising, currently at 77.99, with a change of 0.66 (0.85%) upward. This increase can be attributed to its strong performance over the past week, where the stock has risen by 6.49%, significantly outperforming the Sensex, which has declined by 0.98% during the same period. <BR><BR>Despite this recent uptick, it is important to note that the stock has underperformed its sector today by 1.09%. Additionally, while the stock is currently above its 5-day, 100-day, and 200-day moving averages, it is below its 20-day and 50-day moving averages, indicating mixed signals regarding its short-term performance. <BR><BR>Moreover, there has been a notable decline in investor participation, with delivery volume falling by 33.8% compared to the 5-day average, which may suggest a decrease in trading interest. However, the stock remains liquid enough for trading, based on its average traded value. Overall, while the stock is experiencing a rise today, the broader context shows some challenges that could affect its future performance.

Which are the latest news on Cranex?

Should I buy, sell or hold Cranex Ltd?

Are Cranex Ltd latest results good or bad?

Cranex Ltd's latest quarterly results are strong, with a 268.75% increase in net profit and a significant rise in revenue; however, ongoing challenges such as weak return ratios and high leverage suggest caution for investors.

Cranex Ltd's latest results for the March quarter show a significant operational turnaround, with net profit rising to ₹1.18 crores, marking a remarkable 268.75% increase quarter-on-quarter. Revenue also surged to ₹21.91 crores, reflecting a 97.03% sequential increase and an 18.69% year-on-year growth. The operating margin improved to 8.76%, the highest in eight quarters, and the profit after tax margin increased to 5.39%, up from 2.88% in the previous quarter.<BR><BR>However, despite these impressive headline numbers, the company faces persistent challenges. Over the past year, Cranex has struggled with weak return ratios, high leverage, and significant underperformance compared to its sector peers and broader market indices. For the full fiscal year 2025, the company reported a 17.70% contraction in net sales, indicating that the quarterly strength may not be sustainable.<BR><BR>In summary, while the latest quarterly results are strong and indicate a positive trend, the underlying structural issues and the company's overall performance over the past year suggest that caution is warranted. Investors should consider both the recent improvements and the ongoing challenges when evaluating Cranex Ltd's prospects.

When is the next results date for Cranex Ltd?

The next results date for Cranex Ltd is 29 May 2026.

The next results date for Cranex Ltd is scheduled for 29 May 2026.

How has been the historical performance of Cranex?

Cranex's historical performance shows fluctuating net sales, decreasing from 62.11 Cr in Mar'24 to 51.54 Cr in Mar'25, while operating profit improved to 4.14 Cr, resulting in a profit after tax of 1.95 Cr. Despite challenges in cash flow, total assets increased to 56.50 Cr in Mar'25.

Answer:<BR>The historical performance of Cranex shows a fluctuating trend in net sales and profitability over the years. <BR><BR>Breakdown:<BR>Cranex's net sales decreased from 62.11 Cr in Mar'24 to 51.54 Cr in Mar'25, following a rise from 41.38 Cr in Mar'23. The total operating income mirrored this trend, dropping to 51.54 Cr in Mar'25 from 62.11 Cr in Mar'24, while raw material costs also fell from 39.82 Cr to 30.53 Cr in the same period. Operating profit, excluding other income, increased to 4.14 Cr in Mar'25 from 2.91 Cr in Mar'24, contributing to an operating profit margin of 8.03%. Profit before tax rose to 2.52 Cr in Mar'25 from 2.17 Cr in Mar'24, leading to a profit after tax of 1.95 Cr, up from 1.52 Cr. The company's total assets increased to 56.50 Cr in Mar'25 from 55.24 Cr in Mar'24, while total liabilities slightly rose to 56.50 Cr from 55.24 Cr. Cash flow from operating activities remained negative at -1.00 Cr in Mar'25, consistent with the previous year, while cash flow from financing activities improved to 2.00 Cr from 1.00 Cr. Overall, Cranex's performance reflects a complex interplay of revenue fluctuations, cost management, and profitability improvements despite challenges in cash flow.

Is Cranex overvalued or undervalued?

As of October 1, 2025, Cranex is rated very attractive and undervalued with a PE ratio of 27.08, an EV to EBITDA of 17.08, and a ROCE of 9.49%, despite a year-to-date decline of 39.99%, indicating strong long-term growth potential with a 621.28% return over five years compared to its peers.

As of 1 October 2025, the valuation grade for Cranex has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently assessed as undervalued. Key ratios include a PE ratio of 27.08, an EV to EBITDA of 17.08, and a ROCE of 9.49%. <BR><BR>In comparison to its peers, Cranex's valuation stands out against Rail Vikas, which is considered expensive with a PE ratio of 60.25, and Ircon International, which is rated attractive with a PE of 24.47. Despite recent stock performance showing a decline of 39.99% year-to-date compared to a 3.64% gain in the Sensex, the long-term growth potential reflected in a 621.28% return over five years suggests that Cranex remains a compelling investment opportunity.

How big is Cranex?

As of 24th July, Cranex Ltd has a market capitalization of 59.00 Cr, with Net Sales of 51.53 Cr and a Net Profit of 1.95 Cr reported in the latest four quarters. The balance sheet for March 2024 shows Shareholder's Funds of 10.80 Cr and Total Assets of 55.24 Cr.

As of 24th July, Cranex Ltd has a market capitalization of 59.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Cranex reported Net Sales of 51.53 Cr and a Net Profit of 1.95 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 10.80 Cr and Total Assets of 55.24 Cr.

Who are the top shareholders of the Cranex?

The top shareholders of Cranex are Piyush Agrawal, the promoter with 39.47% ownership, and Hitesh Ramji Javeri, the largest public shareholder with 2.62%. Individual investors collectively hold 47.55%, with no institutional or pledged promoter holdings reported.

The top shareholders of Cranex include Piyush Agrawal, who is the promoter with the highest holding at 39.47%. The highest public shareholder is Hitesh Ramji Javeri, holding 2.62%. Additionally, individual investors collectively hold 47.55% of the company's shares. There are no institutional holdings or pledged promoter holdings reported.

Who are in the management team of Cranex?

As of March 2022, the management team of Cranex includes Piyush Agrawal (Managing Director), Chaitanya Agrawal (Whole Time Director & CFO), and three Non-Executive & Independent Directors: Ashwani Kumar Jindal, Shilpy Chopra, and Shalini Rahul.

As of March 2022, the management team of Cranex includes the following individuals:<BR><BR>1. Piyush Agrawal - Managing Director<BR>2. Ashwani Kumar Jindal - Non-Executive & Independent Director<BR>3. Chaitanya Agrawal - Whole Time Director & CFO<BR>4. Shilpy Chopra - Non-Executive & Independent Director<BR>5. Shalini Rahul - Independent Director<BR><BR>These members play various roles within the company, contributing to its governance and operational management.

What is the technical trend for Cranex?

As of May 26, 2025, Cranex's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, despite some mixed signals from the MACD and Dow Theory indicating underlying strength.

As of 26 May 2025, the technical trend for Cranex has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are bearish on both weekly and monthly charts, reinforcing a negative outlook. Daily moving averages are bearish, which adds to the bearish sentiment. However, the Dow Theory shows a mildly bullish trend on both weekly and monthly bases, indicating some underlying strength. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mildly bullish indicators in the MACD and Dow Theory.

What does Cranex do?

Cranex Ltd is a Micro Cap manufacturer of EOT and Gantry Cranes, incorporated in 1973 and transitioned to a Public Limited Company in 1985, with recent quarterly net sales of 18 Cr and a net profit of 1 Cr as of March 2025. Key financial metrics include a market cap of Rs 59 Cr, a P/E ratio of 30, and a debt-equity ratio of 0.65.

Overview: <BR>Cranex Ltd is a leading manufacturer of EOT Cranes and Gantry Cranes, operating within the Industrial Manufacturing sector and classified as a Micro Cap company.<BR><BR>History: <BR>Cranex Ltd was incorporated on February 27, 1973, initially as a Private Limited Company and transitioned to a Public Limited Company in 1985. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 18 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 59 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 30.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.65 <BR>Return on Equity: 8.06% <BR>Price to Book: 2.43 <BR><BR>Contact Details: <BR>Address: 9 DDA Market Katwaria Sarai, Opp Qutab Hotel New Delhi New Delhi : 110016 <BR>Tel: 91-120-3240427/4167628 <BR>Email: info@cranexltd.com/cranex1@yahoo.co <BR>Website: http://www.cranexltd.com

Has Cranex declared dividend?

No Dividend History Available

Who are the peers of the Cranex?

Cranex's peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, and others. In terms of management risk, Cranex is rated below average, with a 1-year return of 0.05%, significantly lower than Kaynes Tech's 65.70%.

Peers: The peers of Cranex are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, SM Auto Stamping, Austin Engg Co, Bombay Metrics, Visaman Global, and Godha Cabcon.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bombay Metrics, while Good management risk is found at Honeywell Auto and Jyoti CNC Auto. Average management risk is noted at Kaynes Tech, LMW, Jupiter Wagons, SM Auto Stamping, and Visaman Global, and the rest. Below Average management risk is seen at Cranex, Austin Engg Co, and Godha Cabcon. For Growth, Excellent growth is exhibited by Kaynes Tech, Jyoti CNC Auto, and Jupiter Wagons, while Average growth is found at Bombay Metrics and Visaman Global, and the rest. Below Average growth is noted at Honeywell Auto, LMW, Cranex, SM Auto Stamping, and Austin Engg Co. In terms of Capital Structure, Excellent capital structure is seen at Honeywell Auto and LMW, Good capital structure is observed at Austin Engg Co and Bombay Metrics, while Average capital structure is noted at Kaynes Tech, Jupiter Wagons, SM Auto Stamping, and Visaman Global, and the rest. Below Average capital structure is found at Cranex and Godha Cabcon.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.70%, while the peer with the lowest is Honeywell Auto at -26.32%. Cranex's own 1-year return is 0.05%, which is significantly lower than Kaynes Tech's but higher than Honeywell Auto's. Additionally, the peers with negative six-month returns include Cranex, Austin Engg Co, and Jupiter Wagons.