Kanoria Chem.

Why is Kanoria Chemicals & Industries Ltd falling/rising?

As of 17-Jul, Kanoria Chemicals & Industries Ltd's stock price is Rs. 140.80, reflecting a 3.19% increase. The stock has significantly outperformed the Sensex, with a year-to-date gain of 83.72% and strong investor interest, indicated by a new 52-week high and rising delivery volumes.

As of 17-Jul, Kanoria Chemicals & Industries Ltd is experiencing a rise in its stock price, currently at Rs. 140.80, which reflects an increase of Rs. 4.35 or 3.19%. This upward movement is supported by several factors. The stock has outperformed the benchmark Sensex, showing a weekly gain of 3.23% compared to the Sensex's 0.75%. Over the past month, the stock has surged by 33.06%, while the Sensex has only increased by 1.29%. <BR><BR>Moreover, year-to-date, Kanoria Chemicals has demonstrated an impressive gain of 83.72%, contrasting sharply with the Sensex's decline of 8.30%. The stock has also reached a new 52-week high of Rs. 143.25 today, indicating strong investor interest. It has been gaining for the last two days, accumulating a total return of 8.31% in this period. <BR><BR>Additionally, the stock is trading above its moving averages across various time frames, which is a positive technical indicator. The rising investor participation is evident, with a delivery volume increase of 4.01% against the 5-day average. Overall, these factors contribute to the stock's rising price trend.

Which are the latest news on Kanoria Chem.?

How big is Kanoria Chem.?

As of 10th June, Kanoria Chemicals & Industries Ltd has a market capitalization of 395.00 Cr, with net sales of 981.43 Cr and net profit of 120.78 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Kanoria Chemicals & Industries Ltd has a market capitalization of 395.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 981.43 Cr, while the sum of Net Profit for the same period is 120.78 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 520.82 Cr, and Total Assets amount to 1,498.28 Cr.

Who are in the management team of Kanoria Chem.?

The management team of Kanoria Chem. includes R V Kanoria (Chairman & Managing Director), H K Khaitan, A Vellayan, Amitav Kothari, Sidharth Kumar Birla, and Suhana Murshad (all Independent Directors), Madhuvanti Kanoria (Non Executive Director), S V Kanoria (Whole-time Director), and Neha Saraf (Company Secretary & Compliance Officer). This diverse team brings a wide range of expertise to the company.

The management team of Kanoria Chem. includes the following members:<BR><BR>1. R V Kanoria - Chairman & Managing Director<BR>2. H K Khaitan - Independent Director<BR>3. A Vellayan - Independent Director<BR>4. Amitav Kothari - Independent Director<BR>5. Madhuvanti Kanoria - Non Executive Director<BR>6. S V Kanoria - Whole-time Director<BR>7. Sidharth Kumar Birla - Independent Director<BR>8. Suhana Murshad - Independent Director<BR>9. Neha Saraf - Company Secretary & Compliance Officer<BR><BR>This team brings a diverse range of expertise to the company.

Who are the peers of the Kanoria Chem.?

Kanoria Chem.'s peers include Vikram Thermo, Primo Chemicals, Transpek Inds., POCL Enterprises, Andhra Petrochem, Mangalam Organic, Lords Chloro, Alufluoride, and National Perox. In terms of management risk, Kanoria Chem. has Below Average risk, with Alufluoride showing Excellent management risk and the highest 1-year return at 13.80%, while Kanoria Chem. has a 1-year return of -5.04%.

Peers: The peers of Kanoria Chem. are Vikram Thermo, Primo Chemicals, Transpek Inds., POCL Enterprises, Andhra Petrochem, Mangalam Organic, Lords Chloro, Alufluoride, National Perox.<BR><BR>Quality Snapshot: Excellent management risk is observed at Alufluoride, while Average management risk is found at Vikram Thermo, Primo Chemicals, Transpek Inds., POCL Enterprises, Andhra Petrochem, Mangalam Organic, Lords Chloro, and National Perox. Below Average management risk is noted for Kanoria Chem. and Hind.Organ.Chem. Growth is Excellent at POCL Enterprises, while Below Average growth is seen at Vikram Thermo, Primo Chemicals, Transpek Inds., Andhra Petrochem, Mangalam Organic, and Kanoria Chem. Good growth is observed at Lords Chloro and Alufluoride. The rest have Below Average growth. Capital Structure is Excellent at Vikram Thermo and Andhra Petrochem, Good at Transpek Inds. and Alufluoride, Average at Primo Chemicals and Lords Chloro, and Below Average at Kanoria Chem., Mangalam Organic, and Hind.Organ.Chem.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Alufluoride at 13.80%, while the lowest is Transpek Inds. at -43.11%. Kanoria Chem.'s 1-year return of -5.04% is better than Transpek Inds. but worse than Alufluoride. Additionally, the six-month return is negative for Mangalam Organic, POCL Enterprises, and National Perox.

What does Kanoria Chem. do?

Kanoria Chemicals & Industries Ltd is an Indian micro-cap company specializing in aloc and chloro chemicals, with net sales of 304 Cr and a net profit of 32 Cr as of March 2026. The company has a market cap of INR 395 Cr and key metrics include a P/E ratio of 10.00 and a debt-equity ratio of 0.48.

Overview:<BR>Kanoria Chemicals & Industries Ltd is a leading chemical manufacturing company in India, specializing in the production of aloc chemicals and chloro chemicals within the commodity chemicals industry, categorized as a micro-cap company.<BR><BR>History:<BR>Incorporated in December 1960, Kanoria Chemicals & Industries Ltd has established itself in the chemical manufacturing sector. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 304 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 32 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 395 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 42<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.48<BR>- Return on Equity: 6.97%<BR>- Price to Book: 0.72<BR><BR>Contact Details:<BR>Address: KCI Plaza 6th Floor, 23 Ashutosh Chowdhury Avenue Kolkata West Bengal : 700019<BR>Tel: +91-33-40313200<BR>Email: info@kanoriachem.com<BR>Website: http://www.kanoriachem.com

Should I buy, sell or hold Kanoria Chemicals & Industries Ltd?

Are Kanoria Chemicals & Industries Ltd latest results good or bad?

Kanoria Chemicals & Industries Ltd's latest results show a significant profit increase due to a tax reversal, but revenue declined year-on-year, and the company faces ongoing financial challenges, including high leverage and low returns. Overall, while there are some positive trends, the results indicate underlying operational weaknesses, warranting cautious investor sentiment.

Kanoria Chemicals & Industries Ltd's latest results present a mixed picture. On one hand, the company reported a significant net profit of ₹31.62 crore for Q4 FY26, reflecting a remarkable 790.70% increase quarter-on-quarter. This surge in profit, however, is largely attributed to a tax reversal rather than a genuine operational improvement, as the company had previously recorded losses in the earlier quarters of FY26.<BR><BR>Revenue for the same quarter was ₹304.39 crore, which is a 14.51% increase from the previous quarter, but it represents a substantial 29.44% decline compared to the same period last year. The operating margin improved to 8.90%, the highest in seven quarters, indicating some progress in cost management.<BR><BR>Despite these positive signs, the overall financial health of the company raises concerns. The year-on-year decline in both revenue and profit highlights ongoing challenges in the commodity chemicals sector, where Kanoria has struggled with consistent profitability. The company also reported a net loss of ₹109 crore for FY25, and its return on capital employed (ROCE) and return on equity (ROE) remain alarmingly low at 1.75% and 1.49%, respectively.<BR><BR>Furthermore, the company's high leverage, with a debt-to-EBITDA ratio of 8.98 times, poses significant financial risks. The reliance on non-operating income to boost profits further complicates the outlook.<BR><BR>In summary, while the latest quarterly results show some positive trends, the underlying operational weaknesses and financial challenges suggest that the results are not entirely good. Investors should approach with caution, considering the potential for volatility and the need for sustainable improvements in performance.

When is the next results date for Kanoria Chemicals & Industries Ltd?

The next results date for Kanoria Chemicals & Industries Ltd is 12 February 2026.

The next results date for Kanoria Chemicals & Industries Ltd is scheduled for 12 February 2026.

How has been the historical performance of Kanoria Chem.?

Kanoria Chem. has faced significant financial declines, with net sales dropping from 1,578.43 Cr in Mar'23 to 754.31 Cr in Mar'25, and profit before tax turning negative from -12.21 Cr to -43.05 Cr during the same period, indicating ongoing financial challenges. Total assets and liabilities increased slightly, while cash flow from operating activities decreased.

Answer:<BR>The historical performance of Kanoria Chem. shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Kanoria Chem. experienced a decline in net sales from 1,578.43 Cr in Mar'23 to 754.31 Cr in Mar'25, reflecting a downward trend in total operating income as well, which fell from 1,578.43 Cr to 754.31 Cr during the same period. The company's total expenditure also decreased from 1,506.07 Cr in Mar'23 to 721.68 Cr in Mar'25. Operating profit (PBDIT) saw a decline from 82.69 Cr in Mar'23 to 49.36 Cr in Mar'25, while profit before tax turned negative, dropping from -12.21 Cr in Mar'23 to -43.05 Cr in Mar'25. Consequently, profit after tax also worsened, moving from -12.88 Cr in Mar'23 to -54.49 Cr in Mar'25. The company's total assets increased slightly from 1,481.43 Cr in Mar'23 to 1,498.28 Cr in Mar'25, while total liabilities rose from 1,481.43 Cr to 1,498.28 Cr. Cash flow from operating activities decreased from 25.00 Cr in Mar'23 to 14.00 Cr in Mar'25, and the net cash outflow was recorded at -3.00 Cr in Mar'25, indicating ongoing financial challenges.

Is Kanoria Chem. overvalued or undervalued?

As of August 9, 2023, Kanoria Chemicals is considered overvalued and risky, with a negative PE ratio of -7.52 and a significant year-to-date decline of -16.96%, contrasting sharply with its peers and the Sensex's positive performance.

As of 9 August 2023, the valuation grade for Kanoria Chemicals has moved from attractive to risky, indicating a significant shift in the company's perceived value. The company appears to be overvalued based on its current financial metrics, with a PE ratio of -7.52, an EV to EBITDA ratio of 31.83, and a Price to Book Value of 0.80. These ratios suggest that the company's earnings are not only negative but also that its valuation is not justified by its operational performance.<BR><BR>In comparison to its peers, Kanoria Chemicals' valuation stands out as particularly unfavorable. For instance, Solar Industries has a PE ratio of 123.77, while Godrej Industries shows a PE of 46.63, both indicating a more robust market position. The significant negative returns for Kanoria Chemicals, particularly a YTD decline of -16.96% compared to the Sensex's 5.63% gain, further reinforces the notion that the company is currently overvalued.

What is the technical trend for Kanoria Chem.?

As of April 17, 2025, Kanoria Chem. shows a mildly bearish trend overall, with mixed signals across different time frames, including a mildly bullish weekly MACD and a bearish monthly MACD.

As of 17 April 2025, the technical trend for Kanoria Chem. 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 show a mildly bearish trend, and the Bollinger Bands on a weekly basis are bullish but mildly bearish on a monthly basis. The KST is mildly bullish weekly but bearish monthly, and the Dow Theory shows a mildly bullish trend on the weekly chart with no trend on the monthly. The OBV is mildly bullish for both weekly and monthly periods. Overall, the current technical stance is mildly bearish, reflecting mixed signals across different time frames.

Who are the top shareholders of the Kanoria Chem.?

The top shareholders of Kanoria Chemicals are Vardhan Limited, holding 59.94%, followed by individual investors with 20.53%. Other shareholders include mutual funds (0.07%), foreign institutional investors (0.06%), and the highest public shareholder, Sanjiv Dhireshbhai Shah, with 2.73%.

The top shareholders of Kanoria Chemicals include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Vardhan Limited, which owns 59.94% of the company. Additionally, individual investors collectively hold 20.53% of the shares. Other notable shareholders include mutual funds, which hold a small portion (0.07%) across four schemes, and foreign institutional investors (FIIs), who hold 0.06% through six different entities. The highest public shareholder is Sanjiv Dhireshbhai Shah, with a holding of 2.73%.

What is the bonus history of the Kanoria Chem.?

Kanoria Chemicals & Industries Ltd issued a 1:2 bonus on December 31, 2007, with a record date of January 7, 2008, meaning shareholders received one additional share for every two shares held.

Kanoria Chemicals & Industries Ltd has a bonus history that includes a 1:2 bonus issue announced with an ex-date of December 31, 2007. The record date for this bonus was January 7, 2008. This means that for every two shares held, shareholders received one additional share as a bonus.

Has Kanoria Chem. declared dividend?

Yes, Kanoria Chemicals & Industries Ltd has declared a 20% dividend, amounting to ₹1 per share, with an ex-date of August 24, 2022. Despite this, the company has experienced negative total returns over shorter periods, although it showed significant recovery in the 5-year period.

Kanoria Chemicals & Industries Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 1 per share<BR>- Ex-date: 24 Aug 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -20.54%, the dividend return was 0%, resulting in a total return of -20.54%.<BR><BR>For the 1-year period, the price return was -14.72%, the dividend return was 0%, leading to a total return of -14.72%.<BR><BR>Over the 2-year period, the price return was -18.91%, with a dividend return of 0%, culminating in a total return of -18.91%.<BR><BR>In the 3-year period, the price return was -22.86%, the dividend return was 0.93%, resulting in a total return of -21.93%.<BR><BR>For the 4-year period, the price return was -25.46%, with a dividend return of 0.69%, leading to a total return of -24.77%.<BR><BR>In the 5-year period, the price return was 174.57%, the dividend return was 2.96%, resulting in a total return of 177.53%.<BR><BR>Overall, while Kanoria Chemicals & Industries Ltd declared a dividend, the total returns over the various periods indicate a challenging performance, particularly in the shorter terms, with significant losses in price returns. However, the 5-year period shows a substantial recovery in total returns, primarily driven by price appreciation.