Kanishk Steel

Who are the top shareholders of the Kanishk Steel?

The top shareholders of Kanishk Steel include Rajesh Kumar Gupta with 19.37%, Chennai Material Recycling And Trading Company Private Ltd at 8.76%, and individual investors holding 13.45%. There are no pledged promoter holdings, and the company has no mutual funds or foreign institutional investors.

The top shareholders of Kanishk Steel include the promoters, with Rajesh Kumar Gupta holding the highest stake at 19.37%. The highest public shareholder is Chennai Material Recycling And Trading Company Private Ltd, which holds 8.76%. Additionally, individual investors collectively own 13.45% of the company. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

Who are in the management team of Kanishk Steel?

As of March 2022, the management team of Kanishk Steel includes Vishal Keyal (Chairman & Managing Director), Ashok Bohra (Whole Time Director & CFO), and several independent directors: Pravin Kumar Aggarwal, R Ramesh, and Sheril Theodore, along with Seshadari M Nagarajan and Hena Singh (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Kanishk Steel includes the following individuals:<BR><BR>1. Vishal Keyal - Chairman & Managing Director<BR>2. Ashok Bohra - Whole Time Director & CFO<BR>3. Pravin Kumar Aggarwal - Non-Executive & Independent Director<BR>4. R Ramesh - Non-Executive & Independent Director<BR>5. Sheril Theodore - Non-Executive & Independent Director<BR>6. Seshadari M Nagarajan - Director<BR>7. Hena Singh - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Kanishk Steel do?

Kanishk Steel Industries Ltd is the largest steel manufacturer in South India, incorporated in 1989, with a market cap of Rs 111 Cr and reported net sales of 99 Cr and a net loss of 2 Cr for March 2025. Key metrics include a P/E of 13.00 and a debt-equity ratio of 0.21.

Overview:<BR>Kanishk Steel Industries Ltd is the largest steel manufacturer in South India, operating within the Iron & Steel Products industry and classified as a Micro Cap company.<BR><BR>History:<BR>Kanishk Steel Industries Ltd was incorporated in 1989 and has maintained its status as a leading manufacturer in the steel sector. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 99 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 111 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.21 <BR>Return on Equity: 7.86% <BR>Price to Book: 1.02 <BR><BR>Contact Details:<BR>Address: B27 (M) SIPCOT Industrial Cmpl, Gummidipoondi Thiruvallur Dist Chennai Tamil Nadu : 601201 <BR>Website: http://www.kanishksteels.com

Has Kanishk Steel declared dividend?

Kanishk Steel Industries Ltd has declared a 6% dividend, amounting to 0.6 per share, with an ex-date of September 18, 2008. However, the current dividend yield is 0%, and total returns over various periods have shown significant price appreciation without any recent dividend returns.

Kanishk Steel Industries Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6<BR>- Ex-date: 18 Sep 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 14.86%, with no dividend return, resulting in a total return of 14.86%.<BR><BR>Over the past year, the price return was 35.58%, with no dividend return, leading to a total return of 35.58%.<BR><BR>In the last 2 years, the price return was 74.24%, with no dividend return, resulting in a total return of 74.24%.<BR><BR>For the 3-year period, the price return was -4.73%, with no dividend return, leading to a total return of -4.73%.<BR><BR>In the last 4 years, the price return was 193.59%, with no dividend return, resulting in a total return of 193.59%.<BR><BR>Over the past 5 years, the price return was 322.97%, with no dividend return, leading to a total return of 322.97%.<BR><BR>Overall, Kanishk Steel has declared a dividend, but the dividend yield is currently 0%. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the absence of dividends in recent years.

Who are the peers of the Kanishk Steel?

Kanishk Steel's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met. Inds., and P S Raj. Kanishk Steel has below average management risk and capital structure, with a 1-year return of 29.54%, higher than Jindal Saw but lower than Welspun Corp's 68.43%.

Peers: The peers of Kanishk Steel are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and P S Raj.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and P S Raj, and Average management risk is seen at Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys. Kanishk Steel has Below Average management risk. Excellent growth is noted at APL Apollo Tubes and Jindal Saw, while Good growth is observed at Kanishk Steel, Average growth is found at Shyam Metalics, Ratnamani Metals, P S Raj, and the rest, and Below Average growth is seen at Welspun Corp, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys. Excellent capital structure is present at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is noted at Welspun Corp and P S Raj, and Below Average capital structure is found at Kanishk Steel, Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while Jindal Saw has the lowest at -22.93%. Kanishk Steel's 1-year return of 29.54% is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Ratnamani Metals, Jindal Saw, Shah Alloys, Maiden Forgings, and Hisar Met.Inds. have negative six-month returns.

What is the technical trend for Kanishk Steel?

As of June 5, 2025, Kanishk Steel's technical trend is bullish, supported by positive MACD and Bollinger Bands indicators, despite a mildly bearish signal from Dow Theory on the weekly chart.

As of 5 June 2025, the technical trend for Kanishk Steel has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the upward momentum. Bollinger Bands also indicate a bullish stance on both time frames. Daily moving averages are bullish, reinforcing the positive trend. However, the Dow Theory shows a mildly bearish signal on the weekly chart, while the monthly chart indicates no trend. The KST is bullish on both weekly and monthly time frames. Overall, the current technical stance is bullish with strong indicators, particularly from MACD and Bollinger Bands.

How big is Kanishk Steel?

As of 24th July, Kanishk Steel Industries Ltd has a market capitalization of 137.00 Cr, with recent net sales of 272.61 Cr and a net profit of 4.58 Cr.

As of 24th July, Kanishk Steel Industries Ltd has a market capitalization of 137.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Kanishk Steel reported Net Sales of 272.61 Cr and a Net Profit of 4.58 Cr.<BR><BR>For the reporting period of March 2016, the company had Shareholder's Funds amounting to 47.10 Cr and Total Assets of 157.86 Cr.

Is Kanishk Steel overvalued or undervalued?

As of November 27, 2025, Kanishk Steel is considered undervalued with an attractive valuation grade, featuring a PE ratio of 13.86, a PEG ratio of 0.00, and a year-to-date return of 53.57%, significantly outperforming its peers and the Sensex.

As of 27 November 2025, Kanishk Steel's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 13.86, an EV to EBITDA of 15.33, and a ROE of 10.09%. <BR><BR>In comparison to its peers, Kanishk Steel's PE ratio is significantly lower than JSW Steel's 46.27 and Jindal Steel's 26.72, suggesting that Kanishk is trading at a more favorable valuation. Additionally, Kanishk's PEG ratio of 0.00 stands out, indicating potential for growth at a low price relative to earnings growth. Notably, Kanishk Steel has outperformed the Sensex with a year-to-date return of 53.57% compared to the Sensex's 9.70%, reinforcing its attractive valuation narrative.

How has been the historical performance of Kanishk Steel?

Kanishk Steel's historical performance from March 2015 to March 2016 showed a decline in net sales and total operating income, but improved profitability with a profit after tax of 4.73 crore, up from a loss the previous year. Despite challenges in sales and negative cash flow from operating activities, the company reported increased operating profit and earnings per share.

Answer:<BR>The historical performance of Kanishk Steel shows a mixed trend in financial metrics from March 2015 to March 2016.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2016, Kanishk Steel reported net sales of 272.61 crore, a decline from 303.80 crore in the previous year. The total operating income mirrored this trend, remaining at 272.61 crore compared to 303.80 crore in March 2015. The company's total expenditure decreased from 297.27 crore to 271.90 crore, primarily due to a reduction in the purchase of finished goods and manufacturing expenses. Operating profit (PBDIT) increased from 7.89 crore to 11.23 crore, driven by a rise in other income from 1.36 crore to 10.52 crore. Profit before tax rose significantly from 1.41 crore to 6.12 crore, leading to a profit after tax of 4.73 crore, a turnaround from a loss of 0.26 crore the previous year. The earnings per share improved from -0.23 to 1.76, indicating a positive shift in profitability. On the balance sheet, total liabilities increased from 142.78 crore to 157.86 crore, while total assets also rose from 142.78 crore to 157.86 crore. Cash flow from operating activities turned negative at -11.67 crore compared to a positive 12.86 crore in the prior year, although net cash inflow was positive at 1.61 crore, up from a net outflow of 1.58 crore. Overall, Kanishk Steel demonstrated improved profitability metrics despite challenges in sales and cash flow.

When is the next results date for Kanishk Steel Industries Ltd?

The next results date for Kanishk Steel Industries Ltd is 11 February 2026.

The next results date for Kanishk Steel Industries Ltd is scheduled for 11 February 2026.

Should I buy, sell or hold Kanishk Steel Industries Ltd?

Are Kanishk Steel Industries Ltd latest results good or bad?

Kanishk Steel Industries Ltd's latest results show strong revenue growth of 38.15% to ₹77.35 crores, but the company reported a net loss of ₹0.18 crores and declining operating margins, indicating significant operational challenges. Investors should be cautious due to these underlying weaknesses.

Kanishk Steel Industries Ltd's latest results present a mixed picture. On one hand, the company experienced a notable revenue growth of 38.15% quarter-on-quarter, reaching ₹77.35 crores. However, this positive top-line performance contrasts sharply with its bottom-line results, as the company reported a net loss of ₹0.18 crores for the quarter, compared to a profit of ₹0.34 crores in the same quarter last year.<BR><BR>The operating margin has also taken a hit, falling to -2.41%, down from a positive 4.14% a year ago, indicating significant operational challenges. The company’s reliance on non-operating income has become increasingly concerning, as it masked the underlying operational losses. <BR><BR>Overall, while the revenue growth is a positive sign, the operational losses and declining margins suggest that the company's financial health is under pressure. Investors should approach the situation with caution, as the results indicate fundamental weaknesses that need to be addressed for a sustainable recovery.

Why is Kanishk Steel Industries Ltd falling/rising?

As of 20-Feb, Kanishk Steel Industries Ltd's stock price has risen to Rs 57.50, up 7.0%, driven by strong buying interest and a trend reversal after prior declines. Despite impressive long-term returns, the company faces challenges with declining profits and low fundamental strength.

As of 20-Feb, Kanishk Steel Industries Ltd is experiencing a rise in its stock price, currently at Rs 57.50, reflecting a change of Rs 3.76 or 7.0%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed the sector by 6.17% today and has shown a trend reversal after two consecutive days of decline. Additionally, it reached an intraday high of Rs 58, indicating strong buying interest.<BR><BR>In terms of performance metrics, Kanishk Steel has demonstrated significant returns over various periods, with a remarkable 101.12% increase over the past year and a staggering 479.05% rise over the last five years. This long-term performance has positioned the stock favorably against benchmarks, outperforming the Sensex significantly in both the short and long term.<BR><BR>Moreover, the stock is trading above its moving averages across multiple time frames, suggesting a bullish trend. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 48.6% compared to the five-day average, which may indicate some caution among investors.<BR><BR>Despite the positive price movement, the company faces challenges such as a weak long-term fundamental strength, with a low average Return on Capital Employed (ROCE) and a decline in profits over the past year. Nonetheless, the current rise in stock price reflects a combination of short-term positive sentiment and strong historical performance, even as the company navigates its underlying financial challenges.

Which are the latest news on Kanishk Steel?