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 03-Apr, Karnavati Finance Ltd's stock price is currently at 1.21, reflecting a 4.31% increase today and outperforming its sector. However, it has significant long-term declines, with a year-to-date drop of 25.77%, and concerns about falling investor participation may hinder sustained growth.

As of 03-Apr, Karnavati Finance Ltd's stock price is rising, currently at 1.21, with a change of 0.05, representing an increase of 4.31%. The stock has shown a positive performance today, outperforming its sector by 2.5%. Additionally, it has been gaining for the last two days, accumulating a total return of 9.01% during this period. <BR><BR>In the context of recent performance, the stock has increased by 3.42% over the past week, while the benchmark Sensex has decreased by 2.60%. This indicates that Karnavati Finance Ltd is performing better than the broader market. However, it is important to note that the stock has experienced significant declines over longer periods, with a year-to-date drop of 25.77% and a one-year decline of 40.98%. <BR><BR>Despite the current rise, there are concerns regarding falling investor participation, as evidenced by a drastic drop in delivery volume, which has decreased by 97.06% compared to the five-day average. This could indicate a lack of sustained interest from investors. Furthermore, while the stock is currently above its 5-day moving average, it remains below its longer-term moving averages (20-day, 50-day, 100-day, and 200-day), suggesting that the upward momentum may not be strong enough to indicate a long-term recovery.<BR><BR>Overall, the recent rise in Karnavati Finance Ltd's stock price can be attributed to short-term gains and better performance relative to the sector and benchmark, despite underlying challenges in investor participation and long-term performance trends.

Why is Karnavati Finance Ltd falling/rising?

As of 04-Apr, Karnavati Finance Ltd's stock price is rising to 1.21, up 4.31%, driven by recent gains and sector outperformance. However, the company has significant underlying issues, including a high Debt-Equity Ratio and low profitability, which may negatively impact its long-term performance.

As of 04-Apr, Karnavati Finance Ltd's stock price is rising, currently at 1.21, with a change of 0.05 (4.31%) upwards. This increase can be attributed to several factors. The stock has outperformed its sector by 2.5% today and has shown a consecutive gain over the last two days, resulting in a total return of 9.01% during this period. Additionally, the stock's performance over the past week has been positive, with a gain of 3.42%, contrasting sharply with the Sensex, which has declined by 2.60% in the same timeframe.<BR><BR>However, despite this short-term rise, it is important to note that the stock has significant underlying issues. The company has a high Debt-Equity Ratio of 6.31 times, indicating weak long-term fundamental strength and a low ability to service its debt, as evidenced by a Debt to EBITDA ratio of -59.54 times. Furthermore, the Return on Equity is low at 1.49%, suggesting limited profitability. Promoter confidence has also waned, with a drastic reduction in their stake by 58.64% over the previous quarter, which may reflect a lack of faith in the company's future prospects.<BR><BR>In summary, while Karnavati Finance Ltd is experiencing a rise in its stock price in the short term, driven by recent gains and sector outperformance, the company faces significant challenges that could impact its long-term performance negatively.

Why is Karnavati Finance Ltd falling/rising?

As of 05-Apr, Karnavati Finance Ltd's stock price is rising, currently at 1.21, reflecting a 4.31% increase. Despite short-term gains, the company faces long-term challenges due to a high Debt-Equity Ratio, low profitability, decreased investor participation, and reduced promoter stake, indicating potential future difficulties.

As of 05-Apr, Karnavati Finance Ltd's stock price is rising, currently at 1.21, reflecting a change of 0.05 (4.31%) increase. This upward movement can be attributed to a few key factors. The stock has outperformed its sector by 2.5% today and has shown a consecutive gain over the last two days, resulting in a total return of 9.01% during this period. Additionally, the stock's performance over the past week has been positive, with a gain of 3.42%, while the benchmark Sensex has declined by 2.60%.<BR><BR>However, despite these short-term gains, the stock faces significant long-term challenges. The company has a high Debt-Equity Ratio of 6.31 times, indicating weak long-term fundamental strength and a low ability to service its debt, as evidenced by a Debt to EBITDA ratio of -59.54 times. Furthermore, the Return on Equity (ROE) is low at 1.49%, suggesting minimal profitability per unit of shareholders' funds. <BR><BR>Investor participation has also decreased, with delivery volume falling by 97.06% against the 5-day average, which could indicate waning interest. Moreover, the promoters have reduced their stake in the company by 58.64% over the previous quarter, reflecting a lack of confidence in the company's future prospects. <BR><BR>In summary, while Karnavati Finance Ltd is experiencing a short-term rise in stock price, the underlying financial metrics and declining investor confidence suggest that the company faces significant challenges that could impact its long-term performance.

Which are the latest news on Karnavati Financ?