KANELOIL Share Price | Kanel Industries Ltd Stock Analysis & Recommendation

52-Week High: Rs.10.5 hit today

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.64 k (400.00%) Volume

Shareholding (Jun 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

0.07%

Compare Kanel Indust. with Similar Stocks

Rajesh Exports T. Spiritual MMTC

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

Poor long term growth as Net Sales has grown by an annual rate of % and Operating profit at 0% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at 0 times

Flat results in Mar 25

Risky - No result in last 6 months

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Trading

Market cap

INR 18 Cr (Micro Cap)

P/E

644.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-1.45

Return on Equity

-0.41%

Price to Book

-0.56

Revenue and Profits:

Net Sales:

(Quarterly Results - Sep 2024)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

604.7%

6 Months

590.79%

1 Year

629.17%

2 Years

321.69%

3 Years

174.87%

4 Years

3520.69%

5 Years

1650.0%

Kanel Indust. for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

No Recent News for the Company

Announcements

Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Held On 11Th November 2024

11-Nov-2024 | Source : BSE

Pursuant to Regulation 33 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that the Board of Directors of the Company at their meeting held today i.e. on Monday November 11 2024 which commenced at 3:30 p.m. and concluded at 04:35 p.m. at the Registered Office of the Company has inter-alia ? Considered and approved Unaudited Standalone Financial Results of the Company for the quarter ended 30th September 2024 along with Limited Review Report on the said Unaudited Financial Results of the Company. ? Considered and approved Shifting of Registered Office of the Company from 203- Abhijeet-1 Mithakali Six Road Ellisbridge Ahmedabad -380006 to 1503 West Port Sindhubhavan Road NR. S.P. Ring road Ahmedabad - 380059 (within the same city).

Result For The Quarter Ended 30.09.2024

11-Nov-2024 | Source : BSE

Board meeting for Considered and Approved Financial Result for Quatre ended 30.09.2024 and Shifting of Registered office with in Same city

Shareholder Meeting / Postal Ballot-Outcome of AGM

30-Sep-2024 | Source : BSE

Proceeding of 32nd Annual General Meeting held on 30th September 2024

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

0.00%

EBIT Growth (5y)

0.00%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-1.45

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.00%

ROCE (avg)

-1.65%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

644

Industry P/E

Price to Book Value

-2.62

EV to EBIT

-30.06

EV to EBITDA

-30.06

EV to Capital Employed

8.97

EV to Sales

PEG Ratio

Dividend Yield

ROCE (Latest)

-8.36%

ROE (Latest)

Negative BV

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bullish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Jun 2024

Shareholding Compare (%holding)

Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Dhiren K Thakkar (0.07%)

Highest Public shareholder

Anil Kumar Kanodia Huf (2.21%)

Individual Investors Holdings

91.42%

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Sep'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Sep 2024 is 0.00% vs 0.00% in Jun 2024",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Sep 2024 is 0.00% vs 96.00% in Jun 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.01",
          "val2": "-0.01",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.01",
          "val2": "-0.01",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "0.00%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "alert": "No Half Yearly Results declared by Kanel Indust."
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Kanel Indust."
  },
  {
    "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 0.00% vs -100.00% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -50.00% vs -1,000.00% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.25",
          "val2": "-0.16",
          "chgp": "-56.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.27",
          "val2": "-0.18",
          "chgp": "-50.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "0.00%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Standalone) - Sep'24 - QoQ

Sep'24

Jun'24

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.01

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.01

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Sep 2024 is 0.00% vs 0.00% in Jun 2024

Standalone Net Profit

QoQ Growth in quarter ended Sep 2024 is 0.00% vs 96.00% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Standalone) - Mar'24

Mar'24

Mar'23

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.25

-0.16

-56.25%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.27

-0.18

-50.00%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2024 is 0.00% vs -100.00% in Mar 2023

Standalone Net Profit

YoY Growth in year ended Mar 2024 is -50.00% vs -1,000.00% in Mar 2023

All Annual Results

Company CV

About Kanel Industries Ltd

Kanel Industries Ltd

Micro Cap

Trading

Kanel Industries Ltd. (formerly known as Kanel Oil & Export Industries Ltd). promoted by a Group of Traders, was incorporated on 29 January, 1992 in Gujarat. The company has set up a 100% export-oriented integrated castor seed processing complex at Ganeshpura (Sabarkantha district), Gujarat, where it manufactures castor oil (28,200 tpa) and castor de-oiled cakes (30,600 tpa). The Company is engaged in the business of trading of various edible oils.

Company Coordinates

Company Details

203 2nd Floor Abhijeet-1, Mithakhali Six Rod Ellisbridge Ahmedabad Gujarat : 380006

Tel: 91-79-26423365/26423366

http://www.kanel.in

investorservice@kanel.in

Registrar Details