Kaira Can

Has Kaira Can declared dividend?

Yes, Kaira Can Company Ltd has declared a dividend of 120% (₹12 per share) with an ex-date of July 26, 2024. While the company shows mixed total returns, it has experienced negative returns in shorter periods and strong positive returns over the long term.

Kaira Can Company Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 120%<BR>- Amount per share: 12<BR>- Ex-date: 26 Jul 24<BR><BR>Dividend Yield: 0.69%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -5.58%, with a dividend return of 0%, resulting in a total return of -5.58%.<BR><BR>For the 1-year period, the price return was -12.0%, the dividend return was 0.62%, leading to a total return of -11.38%.<BR><BR>Over the 2-year period, the price return was -29.88%, with a dividend return of 0.92%, resulting in a total return of -28.96%.<BR><BR>In the 3-year period, the price return was -7.37%, the dividend return was 1.92%, culminating in a total return of -5.45%.<BR><BR>For the 4-year period, the price return was 58.42%, with a dividend return of 3.43%, resulting in a total return of 61.85%.<BR><BR>In the 5-year period, the price return was 162.69%, with a dividend return of 7.01%, leading to a total return of 169.7%.<BR><BR>Overall, Kaira Can Company Ltd has declared a significant dividend, but the total returns over various periods show a mixed performance, with negative returns in shorter periods and strong positive returns in the longer term.

Who are the peers of the Kaira Can?

Kaira Can's peers include EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Hind.Natl.Glass, Hind.Tin Works, Raaj Medisafe, and Barflex Poly. Kaira Can has an average management risk and a 1-year return of -17.05%, lower than its peers, with Polyplex Corpn showing the highest return at 66.57%.

Peers: The peers of Kaira Can are EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Hind.Natl.Glass, Hind.Tin Works, Raaj Medisafe, and Barflex Poly.<BR><BR>Quality Snapshot: Excellent management risk is observed at EPL Ltd and TCPL Packaging, while Average management risk is found at AGI Greenpac, Uflex, Polyplex Corpn, Hind.Tin Works, Kaira Can, Raaj Medisafe, and Barflex Poly. Below Average growth is noted at EPL Ltd, Uflex, Hind.Tin Works, Kaira Can, and the rest. Excellent capital structure is seen at Polyplex Corpn and Barflex Poly, while Good capital structure is found at EPL Ltd and Kaira Can, and Average capital structure is noted at AGI Greenpac, TCPL Packaging, and Hind.Tin Works.<BR><BR>Return Snapshot: Polyplex Corpn has the highest 1-year return at 66.57%, while Hind.Tin Works has the lowest at -3.06%, with Kaira Can's 1-year return at -17.05% being lower than both. Additionally, Hind.Natl.Glass and Hind.Tin Works have negative six-month returns.

Is Kaira Can overvalued or undervalued?

As of May 23, 2025, Kaira Can is considered overvalued with a PE ratio of 42.26 and a valuation grade of expensive, despite a recent slight improvement, as its financial metrics, including low ROE and ROCE, do not justify its high valuation compared to peers.

As of 23 May 2025, Kaira Can's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. However, the company remains overvalued in the current market context. The PE ratio stands at 42.26, significantly higher than its peers, with Garware Hi Tech at 31.43 and TCPL Packaging at 24.04. Additionally, the EV to EBITDA ratio for Kaira Can is 20.15, which is also elevated compared to the industry averages.<BR><BR>The company's key financial ratios, including a Price to Book Value of 1.87 and a PEG ratio of 22.76, further reinforce the notion of overvaluation. With a return on equity (ROE) of only 4.42% and a return on capital employed (ROCE) of 4.75%, Kaira Can's performance metrics do not justify its high valuation relative to peers like AGI Greenpac, which boasts a much lower PE ratio of 17.02 and a more attractive valuation grade. While Kaira Can has outperformed the Sensex in the short term over the past week, its longer-term performance has lagged, further supporting the conclusion that the stock is overvalued.

What is the technical trend for Kaira Can?

As of June 2, 2025, Kaira Can's technical trend is mildly bearish, influenced by daily moving averages and mixed signals from the MACD and Dow Theory.

As of 2 June 2025, the technical trend for Kaira Can has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly chart. The KST is bullish weekly but bearish monthly, and Dow Theory reflects a mildly bearish stance weekly and mildly bullish monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and Dow Theory.

Who are in the management team of Kaira Can?

As of March 2023, the management team of Kaira Can includes Ashok B Kulkarni (Managing Director), K Jagannathan (Executive Director & CFO), and several non-executive directors, including Keval Navinchandra Doshi (Chairman) and Laxman D Vaidya (Independent Director), among others. The team features a mix of executive and non-executive members overseeing the company's governance and management.

As of March 2023, the management team of Kaira Can includes the following individuals:<BR><BR>1. **Ashok B Kulkarni** - Managing Director<BR>2. **K Jagannathan** - Executive Director & CFO<BR>3. **Premal N Kapadia** - Non-Executive & Non-Independent Director<BR>4. **Utsav R Kapadia** - Non-Executive & Non-Independent Director<BR>5. **Hiten Vanjara** - Company Secretary & Compliance Officer<BR>6. **Kirat M Patel** - Non-Executive & Non-Independent Director<BR>7. **Laxman D Vaidya** - Non-Executive & Independent Director<BR>8. **Keval Navinchandra Doshi** - Chairman & Independent Director<BR>9. **Varsha Rakesh Jain** - Non-Executive & Independent Director<BR>10. **Shri. Atul Kumar Agarwal** - Nominee<BR>11. **Jai Diwanji** - Independent Director<BR>12. **Jayen Mehta** - Non-Executive Director<BR><BR>This team comprises a mix of executive and non-executive members, with various roles contributing to the governance and management of the company.

What does Kaira Can do?

Kaira Can Company Ltd manufactures packaging products like Open Top Sanitary Cans and Ice Cream Cones, with a market cap of INR 160 Cr and reported net sales of 608 Cr and net profit of 19 Cr for the quarter ending March 2025. The company has a P/E ratio of 42.00 and a dividend yield of 0.69%.

Overview:<BR>Kaira Can Company Ltd is engaged in the manufacture of packaging products, specifically Open Top Sanitary Cans, Metal Containers, and Ice Cream Cones, operating within the Micro Cap market segment.<BR><BR>History:<BR>Kaira Can Company Ltd was incorporated in March 1962 and transitioned from a Private Limited Company to a Public Limited Company on August 24, 1964. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 608 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 19 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 160 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 42.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.69%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 4.30%<BR>- Price to Book: 1.80<BR><BR>Contact Details:<BR>Address: Ion House 1st Floor, Dr E Moses Road Mahalaxmi Mumbai Maharashtra : 400011<BR>Tel: 91-22-66608711<BR>Fax: 91-22-66635401<BR>Email: companysecretary@kairacan.com<BR>Website: http://www.kairacan.com

Who are the top shareholders of the Kaira Can?

The top shareholders of Kaira Can include the Gujarat Co-operative Milk Marketing Federation Limited with 25.81%, and promoter Premal Narendra Kapadia with 9.73%. Individual investors hold a combined 17.54%, while there are no mutual funds or foreign institutional investors involved.

The top shareholders of Kaira Can include the Gujarat Co-operative Milk Marketing Federation Limited, which holds the largest public stake at 25.81%. Among the promoters, Premal Narendra Kapadia has the highest individual holding at 9.73%. Additionally, individual investors collectively hold 17.54% of the shares. It's worth noting that the majority of the shareholding is held by non-institutional investors, and there are no mutual funds or foreign institutional investors currently holding shares in the company.

How big is Kaira Can?

As of 24th July, Kaira Can Company Ltd has a market capitalization of 166.00 Cr and reported net sales of 232.15 Cr and a net profit of 3.84 Cr over the latest four quarters. Data for shareholder's funds and total assets is unavailable.

As of 24th July, <BR><BR>Market Cap: Kaira Can Company Ltd has a market capitalization of 166.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 232.15 Cr, while the sum of Net Profit for the same period is 3.84 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

How has been the historical performance of Kaira Can?

Kaira Can's historical performance from 2009 to 2012 shows declining net sales and total operating income, despite improvements in profitability metrics such as operating profit and earnings per share. However, cash flow from operations decreased, indicating areas needing attention.

Answer:<BR>The historical performance of Kaira Can shows a fluctuating trend in its financial metrics over the years from 2009 to 2012.<BR><BR>Breakdown:<BR>In terms of net sales, Kaira Can reported figures of 111.57 Cr in Mar'09, which decreased to 108.98 Cr by Mar'12, indicating a decline over the years. Total operating income followed a similar trend, peaking at 112.03 Cr in Mar'09 before dropping to 110.16 Cr in Mar'12. The raw material cost increased from 60.69 Cr in Mar'09 to 66.28 Cr in Mar'12, contributing to the total expenditure, which also saw a decline from 108.88 Cr in Mar'09 to 103.52 Cr in Mar'12. Operating profit (PBDIT) improved from 3.29 Cr in Mar'09 to 6.86 Cr in Mar'12, reflecting better operational efficiency. Profit before tax showed a steady increase from 0.23 Cr in Mar'09 to 3.57 Cr in Mar'12, while profit after tax rose significantly from 0.11 Cr in Mar'09 to 2.04 Cr in Mar'12. The earnings per share (EPS) also saw a remarkable increase from 1.20 in Mar'09 to 22.08 in Mar'12, indicating enhanced profitability. However, cash flow from operating activities decreased from 6.77 Cr in Mar'09 to 6.73 Cr in Mar'12, and the net cash outflow in Mar'12 was -2.87 Cr, contrasting with a net inflow of 3.60 Cr in Mar'11. Overall, while Kaira Can has shown improvements in profitability metrics, its sales and cash flow dynamics indicate areas that require attention.

When is the next results date for Kaira Can Company Ltd?

The next results date for Kaira Can Company Ltd is 12 February 2026.

The next results date for Kaira Can Company Ltd is scheduled for 12 February 2026.

Are Kaira Can Company Ltd latest results good or bad?

Kaira Can Company Ltd's latest Q3 FY26 results are poor, showing a net loss of ₹0.14 crores and the lowest revenue in seven quarters at ₹52.95 crores, alongside a significant drop in operating margin and an extraordinary tax rate of 140%. Investors should be cautious due to deteriorating financial fundamentals and operational challenges.

Kaira Can Company Ltd's latest results for Q3 FY26 indicate a challenging financial situation. The company reported a net loss of ₹0.14 crores, marking its first loss-making quarter in recent history. Revenue also declined to ₹52.95 crores, which is the lowest quarterly sales figure in the past seven quarters, reflecting a 5.01% decrease from the previous quarter and a 3.99% drop year-on-year.<BR><BR>The operating margin has fallen to 2.47%, the lowest in seven quarters, suggesting significant margin compression. Additionally, the company faced an extraordinary tax rate of 140%, which contributed to its negative profitability. This unusual tax situation raises concerns about the quality of earnings.<BR><BR>Overall, Kaira Can's performance in this quarter is considered poor, with multiple indicators pointing to operational inefficiencies and challenges in maintaining profitability. The absence of institutional interest and the presence of pledged shares further complicate the company's outlook. Investors should be cautious, as the financial fundamentals appear to be deteriorating.

Should I buy, sell or hold Kaira Can Company Ltd?

Which are the latest news on Kaira Can?

Why is Kaira Can Company Ltd falling/rising?

As of 04-Mar, Kaira Can Company Ltd's stock price is at 1,321.00, reflecting a decline of 8.75 (-0.66%) and a year-to-date drop of 8.90%. The stock is underperforming compared to the Sensex and is close to its 52-week low, indicating a bearish trend influenced by a declining packaging sector.

As of 04-Mar, Kaira Can Company Ltd's stock price is falling, currently at 1,321.00, which reflects a decrease of 8.75 (-0.66%). The stock has been on a downward trend, having lost 4.76% over the last two days and showing a year-to-date decline of 8.90%. Additionally, the stock has underperformed compared to the benchmark Sensex, which has only declined by 7.16% year-to-date.<BR><BR>The stock is also close to its 52-week low, being just 4.39% away from the low of Rs 1263. It is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the packaging sector, in which Kaira Can operates, has seen a decline of 2.7%, contributing to the negative sentiment around the stock.<BR><BR>Despite a slight increase in delivery volume, which rose by 8.7% against the 5-day average, the overall trading environment has been erratic, with the stock not trading on one day out of the last 20 days. This combination of factors has led to the stock's current decline.