Karnavati Financ

how big is Karnavati Financ?

As of Jun 06, Karnavati Finance Ltd has a market capitalization of 20.00 Cr, classifying it as a Micro Cap company, with net sales of 1.58 Cr and a net loss of 1.68 Cr over the latest four quarters. Shareholder's funds are reported at 11.91 Cr, and total assets stand at 28.72 Cr as of Mar'24.

Market Cap: As of Jun 06, Karnavati Finance Ltd has a market capitalization of 20.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which is standalone data, amounts to 1.58 Cr. In contrast, the sum of Net Profit for the same period is -1.68 Cr, indicating a loss.<BR><BR>Balance Sheet Snapshot: This is standalone data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 11.91 Cr, while Total Assets stand at 28.72 Cr.

Who are in the management team of Karnavati Financ?

As of March 2023, the management team of Karnavati Financ includes Jay R Morzaria (Managing Director), Raman P Morzaria (Whole-time Director), Brimda Bilimoria and Parth Maniar (Independent Directors), Akansha Rai (Company Secretary & Compliance Officer), Vinesh Kumar (Non-Executive Director), and Ashish Nandkishor Batavia (Chairman & Non-Executive Director). They oversee the company's operations and strategic direction.

As of March 2023, the management team of Karnavati Financ includes:<BR><BR>1. Jay R Morzaria - Managing Director<BR>2. Raman P Morzaria - Whole-time Director<BR>3. Brimda Bilimoria - Independent Director<BR>4. Parth Maniar - Independent Director<BR>5. Akansha Rai - Company Secretary & Compliance Officer<BR>6. Vinesh Kumar - Non-Executive Director<BR>7. Ashish Nandkishor Batavia - Chairman & Non-Executive Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Has Karnavati Financ declared dividend?

No Dividend History Available

Who are the peers of the Karnavati Financ?

Karnavati Financ's peers include Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Shree Metalloys, Daulat Securitie, Mansi Fin.(Chen), and Ramsons Projects. In terms of performance, Karnavati Financ has a below-average management risk and growth, with a 1-year return of -4.67%, higher than Jio Financial's -20.18% but lower than all other peers.

Peers: The peers of Karnavati Financ are Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Shree Metalloys, Daulat Securitie, Mansi Fin.(Chen), and Ramsons Projects.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, and Muthoot Finance, while Average management risk is found at Jio Financial and Daulat Securitie. Good management risk is noted at Shriram Finance, and Below Average management risk is seen at Shree Metalloys, Mansi Fin.(Chen), Ramsons Projects, and Karnavati Financ. In terms of Growth, Excellent growth is noted at Jio Financial and Daulat Securitie, Good growth is observed at Bajaj Finance, Cholaman.Inv.&Fn, and Shriram Finance, while Average growth is seen at Muthoot Finance, and Below Average growth is found at Shree Metalloys, Mansi Fin.(Chen), Ramsons Projects, and Karnavati Financ. For Capital Structure, Excellent capital structure is noted at Bajaj Finance, Jio Financial, Shriram Finance, Muthoot Finance, and Mansi Fin.(Chen), Good capital structure is seen at Cholaman.Inv.&Fn, while Average capital structure is observed at Shree Metalloys, and Below Average capital structure is found at Daulat Securitie, Ramsons Projects, and Karnavati Financ.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ramsons Projects at 212.14%, while the peer with the lowest 1-year return is Jio Financial at -20.18%. Karnavati Financ's own 1-year return is -4.67%, which is higher than Jio Financial's but lower than all other peers. Additionally, Daulat Securitie and Shree Metalloys have negative six-month returns.

What is the technical trend for Karnavati Financ?

As of May 3, 2025, Karnavati Financ shows a mildly bearish trend due to daily moving averages, despite some bullish signals from weekly and monthly indicators, indicating caution and weak performance relative to the Sensex.

As of 3 May 2025, the technical trend for Karnavati Financ has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly and monthly MACD and KST are mildly bullish, but the overall bearish signals from the Bollinger Bands and Dow Theory on a weekly basis suggest caution. The RSI shows no signal in both weekly and monthly time frames, indicating a lack of momentum. Despite a recent price increase to 2.00 from a previous close of 1.97, the stock's performance relative to the Sensex over various periods remains weak, particularly in the longer term.

What does Karnavati Financ do?

Karnavati Finance Ltd is a Non-Banking Financial Company (NBFC) focused on the micro-cap segment, with recent net sales of 3 Cr and a net loss of 9 Cr as of March 2025. The company has a market cap of INR 21 Cr and operates from Mumbai.

Overview:<BR>Karnavati Finance Ltd is a Non-Banking Financial Company (NBFC) operating in the micro-cap segment.<BR><BR>History:<BR>Karnavati Finance Ltd was originally incorporated as Karnavati Finance And Leasing Limited in 1984 and changed its name to Karnavati Finance Limited in 1989. The latest quarterly results report net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 3 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -9 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 21 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.29 <BR>Return on Equity: -14.11% <BR>Price to Book: 1.76<BR><BR>Contact Details:<BR>Address: 705 Palm Spring Centre, Link Road Malad (West) Mumbai Maharashtra : 400064 <BR>Email: karnavatifinance@gmail.com <BR>Website: http://www.karnavatifinancelimited.in

Who are the top shareholders of the Karnavati Financ?

The top shareholders of Karnavati Financ include promoter Raman P Morzaria with 29.24%, Beeline Consultancy Services Private Limited at 6.73%, and individual investors holding 27.13%. There are no pledged promoter holdings, and the company has no mutual funds or foreign institutional investors.

The top shareholders of Karnavati Financ include the promoters, with Raman P Morzaria holding the largest share at 29.24%. Additionally, Beeline Consultancy Services Private Limited is the highest public shareholder, owning 6.73%. Individual investors collectively hold 27.13% of the company's shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

When is the next results date for Karnavati Financ?

Karnavati Financ will announce its results on 13 August 2025.

Karnavati Financ will declare its results on 13 August 2025.

How has been the historical performance of Karnavati Financ?

Karnavati Financ showed significant improvement in fiscal year ending March 2016, with total operating income rising to 0.62 Cr and a turnaround to a profit after tax of 0.37 Cr from a loss the previous year. Key metrics included a dramatic increase in operating profit margin to 70.99% and positive cash flow from operating activities of 5.00 Cr.

Answer:<BR>The historical performance of Karnavati Financ shows a significant improvement in its financial metrics from March 2015 to March 2016.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2016, Karnavati Financ reported net sales of 0.44 Cr, a slight decrease from 0.48 Cr in March 2015. However, other operating income increased to 0.18 Cr from none the previous year, resulting in total operating income rising to 0.62 Cr compared to 0.48 Cr in the prior year. Total expenditure, excluding depreciation, decreased significantly from 0.81 Cr to 0.18 Cr, contributing to an operating profit (PBDIT) of 0.45 Cr, a turnaround from a loss of 0.33 Cr in March 2015. Profit before tax also improved to 0.44 Cr from a loss of 0.35 Cr, leading to a profit after tax of 0.37 Cr, compared to a loss of 0.38 Cr the previous year. The earnings per share (EPS) rose to 0.44 from a loss of 0.45, and the operating profit margin improved dramatically to 70.99% from -69.75%. On the balance sheet, total liabilities decreased from 28.72 Cr in March 2024 to 21.60 Cr in March 2025, while total assets also fell from 28.72 Cr to 21.60 Cr. The book value per share adjusted decreased to 10.18 from 11.85. Cash flow from operating activities showed a positive trend with 5.00 Cr in March 2025, compared to -2.00 Cr in March 2024. Overall, Karnavati Financ demonstrated a recovery in profitability and operational efficiency in the fiscal year ending March 2016.

Is Karnavati Financ overvalued or undervalued?

As of November 18, 2025, Karnavati Financ's valuation has improved to attractive, yet it remains undervalued with a PE ratio of -2.69 and an EV to EBITDA ratio of 72.39, significantly lagging behind peers and the Sensex, indicating potential for growth despite current challenges.

As of 18 November 2025, the valuation grade for Karnavati Financ has moved from risky to attractive, indicating a significant improvement in its perceived value. Despite this positive change, the company appears to be undervalued based on its current financial ratios. The PE ratio stands at -2.69, while the EV to EBITDA ratio is notably high at 72.39, suggesting that the market may not be fully recognizing the company's potential. Additionally, the ROE is concerningly low at -59.38%, which reflects challenges in generating profit from equity.<BR><BR>In comparison to its peers, Karnavati Financ's valuation metrics are strikingly different. For instance, Altius Telecom, classified as very attractive, has a PE ratio of 51.84, while other peers like Embassy Office REIT and Mindspace Business have significantly higher EV to EBITDA ratios of 133.34 and 54.59, respectively. This stark contrast highlights that Karnavati Financ is trading at a discount relative to its industry peers. Furthermore, the company's recent stock performance has lagged behind the Sensex, with a year-to-date decline of 30.23% compared to the Sensex's gain of 8.36%, reinforcing the notion that the stock may be undervalued in the current market environment.

Are Karnavati Finance Ltd latest results good or bad?

Karnavati Finance Ltd's latest results show a return to profitability with a net profit of ₹0.70 crores and impressive revenue growth of 456.10%, but concerns about high leverage, volatility in revenue, and the complete exit of promoters indicate a precarious financial situation. Investors should proceed with caution due to these underlying risks.

Karnavati Finance Ltd's latest results present a mixed picture, leaning towards a negative outlook overall. While the company reported a net profit of ₹0.70 crores in Q3 FY26, marking a return to profitability after two consecutive quarters of losses, this should be viewed with caution. The revenue growth of 456.10% year-on-year is impressive, but it comes from a very low base, and the recent quarterly performance has been highly volatile, with revenues swinging dramatically across the past few quarters.<BR><BR>Despite the positive net profit and high operating margin of 97.81%, the company's financial health raises concerns. The interest coverage ratio is only 1.46 times, indicating limited ability to cover interest expenses, and the debt-to-equity ratio is alarmingly high at 6.31 times, suggesting significant leverage and refinancing risks. Additionally, the complete exit of promoters from the company is a major red flag, signaling a lack of confidence in its future prospects.<BR><BR>Overall, while there are some positive indicators in the recent results, the volatility in revenue, high leverage, and the absence of promoter support suggest that the company's situation is precarious. Investors should approach with caution, as the underlying issues may overshadow any short-term gains.

Should I buy, sell or hold Karnavati Finance Ltd?

Why is Karnavati Finance Ltd falling/rising?

As of 17-Mar, Karnavati Finance Ltd's stock price is rising to 1.33, reflecting a 3.91% increase after two days of decline. However, its long-term performance shows a significant decrease of 38.43% over the past year and 91.23% over three years, with declining investor participation suggesting caution despite the recent uptick.

As of 17-Mar, Karnavati Finance Ltd's stock price is rising, currently at 1.33, reflecting a change of 0.05 or 3.91% increase. This upward movement comes after the stock gained following two consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 4.31% today, which may contribute to positive investor sentiment.<BR><BR>However, it is important to note that while the stock is experiencing a short-term rise, its longer-term performance shows significant declines. Over the past year, the stock has decreased by 38.43%, and over three years, it has fallen by 91.23%. Despite this, the current price is higher than the 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages, suggesting mixed signals regarding its overall trend.<BR><BR>Investor participation appears to be declining, as evidenced by a delivery volume of 2.26 lacs on 16 March, which has decreased by 66.09% compared to the 5-day average. This drop in participation could indicate caution among investors despite the recent price increase. Overall, while the stock is currently rising, the context of its longer-term performance and declining investor participation presents a complex picture.

Why is Karnavati Finance Ltd falling/rising?

As of 18-Mar, Karnavati Finance Ltd's stock price is at 1.26, reflecting a 4.55% decrease and a significant decline over various periods, including a 41.94% drop over the past year. The stock is underperforming its sector and trading below all major moving averages, indicating a consistent downward trend and reduced investor interest.

As of 18-Mar, Karnavati Finance Ltd's stock price is falling, currently at 1.26, which reflects a decrease of 0.06 or 4.55%. This decline is evident in its performance over various periods, with the stock down 3.08% over the past week, 10.64% over the past month, and a significant 22.70% year-to-date. Over the past year, the stock has plummeted by 41.94%, while the benchmark Sensex has increased by 1.86% during the same timeframe.<BR><BR>Today's trading performance indicates that Karnavati Finance Ltd has underperformed its sector by 7.25%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a consistent downward trend. There has also been a notable decline in investor participation, with delivery volume dropping by 64.22% compared to the 5-day average. This lack of interest may contribute to the stock's falling price. Overall, these factors indicate a challenging environment for Karnavati Finance Ltd, leading to its current decline in stock price.

Why is Karnavati Finance Ltd falling/rising?

As of 19-Mar, Karnavati Finance Ltd's stock price is at 1.20, reflecting a significant decline of 44.44% over the past year and underperformance against the Sensex. The company's high debt-equity ratio and reduced promoter stake indicate weak financial health and lack of investor confidence.

As of 19-Mar, Karnavati Finance Ltd's stock price is falling, currently at 1.20, which reflects a decrease of 0.06 or 4.76%. The stock has been underperforming significantly, with a decline of 11.76% over the past week and 13.04% over the past month. Year-to-date, the stock has dropped by 26.38%, and over the last year, it has seen a staggering decline of 44.44%. <BR><BR>The company's performance is further highlighted by its consistent underperformance against the benchmark, with returns significantly lower than the Sensex over various periods. For instance, in the last three years, the stock has fallen by 92.08%, while the Sensex has gained 27.97%. <BR><BR>Today, the stock has underperformed its sector by 2.62% and has been on a consecutive decline for the last two days, accumulating a total drop of 9.09% in that period. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. <BR><BR>Investor participation has also decreased, with delivery volume plummeting by 94.9% compared to the five-day average, suggesting a lack of interest from investors. The company's financial health is concerning, characterized by a high debt-equity ratio of 6.31 times and a low return on equity of 1.49%, which indicates weak profitability. Furthermore, the promoters have reduced their stake by 58.64%, signaling a lack of confidence in the company's future prospects. <BR><BR>Overall, these factors contribute to the ongoing decline in Karnavati Finance Ltd's stock price.

Why is Karnavati Finance Ltd falling/rising?

As of 20-Mar, Karnavati Finance Ltd's stock price is rising to 1.26, reflecting a 5.0% increase after two days of decline. However, it remains below key moving averages and shows a significant drop in investor participation, indicating ongoing long-term challenges.

As of 20-Mar, Karnavati Finance Ltd's stock price is rising, currently at 1.26, which reflects a change of 0.06 or 5.0% increase. This rise comes after two consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 4.88% today. However, it is important to note that despite this short-term increase, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 94.25% compared to the 5-day average, which may indicate a lack of confidence among investors. Overall, while the stock is experiencing a temporary rise, the broader context shows persistent challenges in its performance over longer periods.

Why is Karnavati Finance Ltd falling/rising?

As of 23-Mar, Karnavati Finance Ltd's stock price is at 1.26, unchanged from the previous session, and has declined significantly by 22.70% year-to-date and 40.85% over the past year. Key factors for this decline include high debt levels, low profitability, reduced promoter confidence, and consistent underperformance against benchmarks.

As of 23-Mar, Karnavati Finance Ltd's stock price is currently at 1.26, showing no change from the previous trading session. The stock has been experiencing a significant decline over various time periods, with a year-to-date drop of 22.70% and a staggering 40.85% decrease over the past year. This consistent underperformance is highlighted by the fact that the stock has underperformed against the benchmark, the Sensex, in each of the last three annual periods.<BR><BR>Several factors contribute to this downward trend. The company has a high debt-to-equity ratio of 6.31 times, indicating a weak long-term fundamental strength and a low ability to service its debt, as evidenced by a debt-to-EBITDA ratio of 5.59 times. Additionally, the company's return on equity is low at an average of 1.49%, which signifies poor profitability per unit of shareholders' funds. The return on capital employed (ROCE) is negative at -0.5, further indicating financial distress.<BR><BR>Moreover, there has been a notable reduction in promoter confidence, with promoters decreasing their stake in the company by 58.64% over the previous quarter, now holding 0% of the company. This reduction may signal a lack of confidence in the company's future prospects. Despite a recent increase in delivery volume, which rose by 606.46% against the 5-day average, the overall performance of the stock remains weak, as it is trading below all its moving averages and has underperformed the sector, which has fallen by 4.49%.<BR><BR>In summary, the combination of high debt levels, low profitability, declining promoter confidence, and consistent underperformance against benchmarks are key reasons for the falling stock price of Karnavati Finance Ltd.

Why is Karnavati Finance Ltd falling/rising?

As of 24-Mar, Karnavati Finance Ltd's stock price is at 1.22, unchanged from the previous day, and has seen significant declines of 25.15% year-to-date and 42.45% over the past year. The stock is considered a strong sell due to high debt levels, low profitability, and consistent underperformance against benchmarks.

As of 24-Mar, Karnavati Finance Ltd's stock price is currently at 1.22, with no change from the previous day. The stock has been experiencing a significant decline, as evidenced by its performance metrics. Over the past week, the stock has decreased by 7.58%, and it has fallen by 10.95% over the past month. Year-to-date, the stock is down 25.15%, and it has seen a staggering decline of 42.45% over the past year. This consistent underperformance is further highlighted by its returns over the last three years, where it has dropped by 89.62, contrasting sharply with the Sensex, which has gained 28.75% in the same period.<BR><BR>The stock's performance today is particularly concerning, as it underperformed its sector by 4.79%. Additionally, Karnavati Finance Ltd is trading below all its moving averages, indicating a bearish trend. Despite a rise in delivery volume by 218.78% on March 23, which suggests increased investor participation, the overall sentiment remains negative due to several fundamental issues.<BR><BR>The company is burdened with high debt, reflected in a Debt-Equity Ratio of 6.31 times and a Debt to EBITDA ratio of 5.59 times, indicating a low ability to service its debt. Furthermore, the Return on Equity is only 1.49%, signaling low profitability. The recent decrease in promoter stake by 58.64% also raises concerns about confidence in the company's future. Given these factors, including consistent underperformance against benchmarks and a lack of profitability, the stock is viewed as a strong sell, contributing to its declining price.

Why is Karnavati Finance Ltd falling/rising?

As of 25-Mar, Karnavati Finance Ltd's stock price is Rs 1.16, down 4.92%, with a year-to-date decline of 28.83% and a 43.96% drop over the past year. The stock is underperforming against the Sensex and is trading below all moving averages, indicating a bearish trend and decreased investor interest.

As of 25-Mar, Karnavati Finance Ltd's stock price is falling, currently at Rs 1.16, which reflects a decrease of Rs 0.06 or 4.92%. This decline is evident in the stock's performance over various periods, showing a significant drop of 28.83% year-to-date and a staggering 43.96% over the past year. Additionally, the stock has underperformed compared to the benchmark Sensex, which has only declined by 3.52% over the same one-year period.<BR><BR>Today's trading performance indicates that Karnavati Finance Ltd is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Furthermore, the stock is close to its 52-week low, being only 2.59% away from Rs 1.13. Investor participation has also decreased, with delivery volume dropping by 20.38% compared to the 5-day average, indicating waning interest from investors. Overall, these factors contribute to the stock's downward movement.

Which are the latest news on Karnavati Financ?