Kenrik Indust.

Why is Kenrik Industries Ltd falling/rising?

As of 01-Sep, Kenrik Industries Ltd's stock price is rising to 9.32, reflecting a 9.91% increase. This growth is driven by strong recent performance, increased investor participation, and positive market sentiment, despite some erratic trading patterns.

As of 01-Sep, Kenrik Industries Ltd's stock price is rising, currently at 9.32, reflecting a change of 0.84 or 9.91% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 32.95% while the Sensex has declined by 0.92%. Additionally, the stock has shown a strong performance over the past month with a 26.29% increase compared to a 1.47% drop in the Sensex.<BR><BR>The stock has been on a consecutive gain streak for the last three days, indicating positive momentum. Furthermore, there has been a significant rise in investor participation, with delivery volume on August 31 increasing by 337.5% against the 5-day average. This suggests heightened interest and confidence among investors.<BR><BR>Despite some erratic trading patterns, where the stock did not trade on 3 out of the last 20 days, it is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. This indicates a short-term bullish trend. Overall, the combination of strong recent performance, increased investor participation, and positive market sentiment contributes to the rising stock price of Kenrik Industries Ltd.

What does Kenrik Indust. do?

No Company Information Available

Who are the peers of the Kenrik Indust.?

Kenrik Indust.'s peers include Goblin India, Gautam Gems, Varyaa Creations, Bindal Exports L, Euro Leder Fash, R O Jewels, Manor Estates, Sunraj Diamond, and Veerkrupa Jewel. Varyaa Creations shows good management risk and growth, while Kenrik Indust. has a good capital structure; however, many peers exhibit below-average performance in management risk, growth, and returns.

Peers: The peers of Kenrik Indust. are Goblin India, Gautam Gems, Varyaa Creations, Bindal Exports L, Euro Leder Fash, R O Jewels, Manor Estates, Sunraj Diamond, and Veerkrupa Jewel.<BR><BR>Quality Snapshot: Below Average management risk is observed at Goblin India, Gautam Gems, Bindal Exports L, Euro Leder Fash, R O Jewels, and Veerkrupa Jewel, while Good management risk is found at Varyaa Creations. Average growth is noted at Varyaa Creations and Veerkrupa Jewel, while Below Average growth is seen at Goblin India, Gautam Gems, Bindal Exports L, Euro Leder Fash, R O Jewels, and Kenrik Indust. Good capital structure is present at Kenrik Indust. and Varyaa Creations, while Below Average capital structure is noted for Goblin India, Gautam Gems, Bindal Exports L, Euro Leder Fash, R O Jewels, and Veerkrupa Jewel, and Manor Estates and Sunraj Diamond do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Varyaa Creations at N/A, while Goblin India has the lowest at -47.80%. Kenrik Indust.'s 1-year return is -34.72%, which is higher than Goblin India's. Additionally, several peers, including Gautam Gems, R O Jewels, Sunraj Diamond, and Veerkrupa Jewel, have negative six-month returns.

Which are the latest news on Kenrik Indust.?

How big is Kenrik Indust.?

As of 10th June, Kenrik Industries Ltd has a market capitalization of 11.00 Cr, classifying it as a Micro Cap company, with no available financial data for Net Sales or Net Profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 13.60 Cr and Total Assets of 17.71 Cr.

As of 10th June, <BR><BR>Market Cap: Kenrik Industries Ltd has a market capitalization of 11.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 13.60 Cr and Total Assets valued at 17.71 Cr.

When is the next results date for Kenrik Industries Ltd?

The next results date for Kenrik Industries Ltd is 30 May 2026.

The next results date for Kenrik Industries Ltd is scheduled for 30 May 2026.

How has been the historical performance of Kenrik Indust.?

Kenrik Indust. experienced growth in net sales and total operating income from Mar'24 to Mar'25, but faced rising raw material costs and a decrease in profit after tax, leading to a lower PAT margin. Despite these challenges, shareholder's funds and book value per share improved, indicating a stable financial position.

Answer:<BR>The historical performance of Kenrik Indust. shows a gradual increase in net sales and total operating income from Mar'24 to Mar'25, with net sales rising from 70.77 Cr to 74.74 Cr. The total operating income followed the same trend, increasing from 70.77 Cr to 74.74 Cr. However, the raw material costs also increased significantly from 69.15 Cr to 72.74 Cr, contributing to a rise in total expenditure from 69.51 Cr to 73.29 Cr. Despite these increases, the operating profit (PBDIT) improved slightly from 1.43 Cr to 1.49 Cr, while profit before tax rose from 1.42 Cr to 1.49 Cr. Profit after tax, however, decreased from 1.07 Cr to 0.99 Cr, reflecting a decline in the PAT margin from 1.51% to 1.32%. <BR><BR>On the balance sheet side, shareholder's funds increased from 12.60 Cr in Mar'24 to 13.60 Cr in Mar'25, supported by an increase in total reserves from 3.60 Cr to 4.60 Cr. Total liabilities also rose from 15.75 Cr to 17.71 Cr, primarily due to an increase in short-term borrowings from 0.78 Cr to 1.06 Cr. Total assets increased correspondingly from 15.75 Cr to 17.71 Cr, with total current assets growing from 15.26 Cr to 16.95 Cr. The book value per share adjusted rose from 14 to 15.11, indicating a positive trend in shareholder value despite the decline in profit after tax. Overall, while Kenrik Indust. has shown growth in sales and operating income, the increase in costs and decrease in profit after tax are areas of concern. <BR><BR>Breakdown:<BR>Kenrik Indust. has demonstrated a positive trend in net sales and total operating income, with figures rising from 70.77 Cr to 74.74 Cr over the year. However, the increase in raw material costs has led to a higher total expenditure, which rose from 69.51 Cr to 73.29 Cr. Operating profit saw a slight improvement, increasing from 1.43 Cr to 1.49 Cr, but profit after tax decreased from 1.07 Cr to 0.99 Cr, resulting in a lower PAT margin. On the balance sheet, shareholder's funds increased, reflecting growth in total reserves, while total liabilities also rose due to higher short-term borrowings. Total assets mirrored this growth, indicating a stable financial position despite the challenges in profitability. The book value per share has improved, suggesting a favorable outlook for shareholders.

Has Kenrik Indust. declared dividend?

No Dividend History Available