Kush Industries

What does Kush Industries do?

Kush Industries Ltd is a micro-cap company in the Garments & Apparels industry, focused on manufacturing twisted polyester and micro filament yarn. As of March 2025, it reported zero net profit and has a market cap of Rs 15 Cr.

Overview:<BR>Kush Industries Ltd is a micro-cap company in the Garments & Apparels industry, primarily engaged in the manufacturing of twisted polyester filament yarn and micro filament yarn.<BR><BR>History:<BR>Kush Industries Ltd was incorporated on 4 March 1992 in Gujarat, originally known as SNS Textiles Limited. The company has undergone a name change and reported its latest quarterly results for March 2025, indicating a status of zero net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: Rs 15 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A (Loss Making)<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -1.17<BR>Return on Equity: 0.69%<BR>Price-to-Book: -1.99<BR><BR>Contact Details:<BR>Address: Plot No 129 Near J B Chemicals, GIDC Estate Ankleshwar Gujarat : 393002<BR>Email: snstextiles@sancharnet.in<BR>Website: http://www.kushindustrieslimited.com

Has Kush Industries declared dividend?

No Dividend History Available

Who are the peers of the Kush Industries?

Kush Industries' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Seasons Textiles, Jagjanani Text., Classic Filament, and Net Avenue. K P R Mill Ltd leads in 1-year returns at 41.29%, while Kush Industries has the lowest at -32.91%.

Peers: The peers of Kush Industries are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Seasons Textiles, Jagjanani Text., Classic Filament, and Net Avenue.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is present at Trident and Net Avenue, while Below Average management risk is noted at Seasons Textiles and Sahaj Fashions. The peers with a Capital Structure rated as Excellent are K P R Mill Ltd, Page Industries, and Vedant Fashions, while those with Below Average Capital Structure include Seasons Textiles and the rest. Jagjanani Text., Kush Industries, and Classic Filament do not qualify for any ratings.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.29%, while Kush Industries has the lowest at -32.91%. This indicates that Kush Industries' return is significantly lower than that of K P R Mill Ltd. Additionally, Vedant Fashions, Trident, Classic Filament, and Kush Industries all have negative six-month returns.

Is Kush Industries overvalued or undervalued?

As of April 25, 2023, Kush Industries is considered risky and overvalued due to a negative PE ratio of -14.64, negative book value, and a one-year stock return of -42.70%, significantly underperforming compared to the Sensex's 7.57% return.

As of 25 April 2023, the valuation grade for Kush Industries has moved from does not qualify to risky. The company is currently assessed as overvalued given its negative PE ratio of -14.64, an EV to EBIT of -23.09, and a ROCE of -12.40%. In comparison to its peers, K P R Mill Ltd is categorized as very expensive with a PE ratio of 47.51, while Trident is rated as fair with a PE of 42.6, highlighting the significant disparity in valuation metrics.<BR><BR>Kush Industries' financial ratios indicate a concerning position, especially with a negative book value and a PEG ratio of 0.00. The company's stock performance has also lagged behind the Sensex, with a one-year return of -42.70% compared to the Sensex's 7.57%. Overall, these factors suggest that Kush Industries is overvalued in the current market environment.

What is the technical trend for Kush Industries?

As of May 13, 2025, Kush Industries shows a mildly bearish trend with mixed signals from technical indicators, including a current price of 9.86, a daily bearish moving average, and bullish Bollinger Bands on weekly and monthly charts.

As of 13 May 2025, the technical trend for Kush Industries has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD and RSI are both bearish, indicating mixed signals across different time frames. The daily moving averages are mildly bearish, which adds to the cautious stance. Bollinger Bands show bullish signals on both weekly and monthly charts, suggesting potential upward movement. However, the overall sentiment remains mildly bearish due to the monthly indicators and the bearish RSI. The current price is 9.86, with today's high at 10.13, indicating some short-term volatility.

Who are in the management team of Kush Industries?

As of March 2023, the management team of Kush Industries includes Mansukh K Virani (Chairman & Wholetime Director), Ranjitsinh A Parmar (Independent Director), Kiran M Virani (Director), Bhoomi S Shah (Company Secretary & Compliance Officer), and Vivek Singhal (Independent Director). They are responsible for guiding the company's operations and governance.

As of March 2023, the management team of Kush Industries includes the following individuals:<BR><BR>1. Mansukh K Virani - Chairman & Wholetime Director<BR>2. Ranjitsinh A Parmar - Independent Director<BR>3. Kiran M Virani - Director<BR>4. Bhoomi S Shah - Company Secretary & Compliance Officer<BR>5. Vivek Singhal - Independent Director<BR><BR>These members play various roles in guiding the company's operations and governance.

Who are the top shareholders of the Kush Industries?

The top shareholders of Kush Industries are Prashant Virani, who holds 8.29%, and Gujarat State Financial Corporation, with 2.68%. Individual investors collectively own 26.69%, while there are no mutual funds or foreign institutional investors involved.

The top shareholders of Kush Industries include the promoters, with Prashant Virani holding the highest stake at 8.29%. Additionally, Gujarat State Financial Corporation is the highest public shareholder, owning 2.68%. Individual investors collectively hold 26.69% of the shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

How big is Kush Industries?

As of 24th July, Kush Industries Ltd has a market capitalization of 13.00 Cr, with net sales of 0.17 Cr and a net profit of 0.00 Cr for the latest four quarters. Shareholder's funds are reported at -7.27 Cr, and total assets are 4.60 Cr as of March 2024.

As of 24th July, <BR><BR>Kush Industries Ltd has a market capitalization of 13.00 Cr, categorizing it as a Micro Cap company. <BR><BR>For the latest four quarters, the sum of Net Sales is 0.17 Cr, while the sum of Net Profit is recorded as 0.00 Cr. <BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds reported at -7.27 Cr and Total Assets at 4.60 Cr.

How has been the historical performance of Kush Industries?

Kush Industries has experienced significant financial decline, with net sales dropping from 3.26 Cr in Mar'22 to 0.01 Cr in Mar'25, resulting in operating losses and a decrease in total assets from 5.23 Cr to 2.31 Cr during the same period. The company's earnings per share fell from a profit of 1.65 to a loss of 0.03, indicating deteriorating performance.

Answer:<BR>The historical performance of Kush Industries shows significant fluctuations in revenue and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Kush Industries experienced a decline in net sales from 3.26 Cr in Mar'22 to just 0.01 Cr in Mar'25, reflecting a downward trend in total operating income as well, which fell from 3.26 Cr in Mar'22 to 0.01 Cr in Mar'25. The company’s total expenditure also decreased, but not as sharply, resulting in operating losses, with operating profit (PBDIT) moving from a profit of 0.20 Cr in Mar'22 to a loss of 0.05 Cr in Mar'25. Profit before tax mirrored this trend, dropping from 2.68 Cr in Mar'22 to a loss of 0.05 Cr in Mar'25. The earnings per share (EPS) fluctuated significantly, showing a profit of 1.65 in Mar'22 but dropping to a loss of 0.03 in Mar'25. The company's total assets decreased from 5.23 Cr in Mar'22 to 2.31 Cr in Mar'25, while total liabilities also fell from 14.69 Cr in Mar'22 to 9.56 Cr in Mar'25. Cash flow from operating activities was positive at 3.00 Cr in Mar'23 but dropped to zero in Mar'25, indicating challenges in maintaining liquidity. Overall, the financial performance of Kush Industries has deteriorated significantly over the past few years, particularly in the most recent fiscal year.

When is the next results date for Kush Industries Ltd?

The next results date for Kush Industries Ltd is 12 February 2026.

The next results date for Kush Industries Ltd is scheduled for 12 February 2026.

Are Kush Industries Ltd latest results good or bad?

Kush Industries Ltd's latest results are concerning, with zero sales revenue for multiple years, negative book value per share of ₹-4.88, and a stock decline of 31.32% over the past year. The company's financial health is deteriorating, leading to a "strong sell" recommendation, indicating high risks for investors.

Kush Industries Ltd's latest results are quite concerning. The company has reported zero sales revenue for multiple consecutive years, indicating a complete lack of operational activity. This is coupled with a negative book value per share of ₹-4.88 and negative shareholder equity of ₹-7.25 crores, which suggests that the company's liabilities exceed its assets, placing it in a precarious financial position.<BR><BR>Additionally, the company's stock has declined by 31.32% over the past year, significantly underperforming compared to the Sensex, which rose by 9.85%. The advisory score is alarmingly low at 12/100, indicating a "strong sell" recommendation. <BR><BR>Overall, the financial health of Kush Industries is deteriorating, with no visible path to recovery or operational revival. The absence of revenue generation, combined with negative equity and a lack of investor interest, paints a grim picture for the company's future. It would be prudent for investors to approach this stock with caution, as the risks of further value erosion are high.

Should I buy, sell or hold Kush Industries Ltd?

Why is Kush Industries Ltd falling/rising?

As of 23-Mar, Kush Industries Ltd's stock price is at Rs. 5.40, down 5.26% and hitting a new 52-week low. The stock has significantly underperformed the sector and benchmark indices, with a year-to-date decline of 26.83% and reduced investor interest.

As of 23-Mar, Kush Industries Ltd's stock price is falling, currently at Rs. 5.40, which reflects a decrease of Rs. 0.3 or 5.26%. The stock has been on a downward trend, having underperformed the sector by 2.92% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 11.33% during this period. Additionally, the stock has hit a new 52-week low of Rs. 5.28 today.<BR><BR>The performance over various time frames indicates a significant decline, with the stock down 26.83% year-to-date and 36.62% over the past year, while the benchmark Sensex has only fallen by 14.70% and 5.47% respectively in those same periods. Furthermore, Kush Industries is trading below its moving averages across all time frames (5-day, 20-day, 50-day, 100-day, and 200-day), suggesting a persistent bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 60.68% compared to the 5-day average, indicating reduced interest in the stock. The overall action in the textile sector, to which Kush Industries belongs, has also been negative, with a decline of 2.41%. These factors collectively contribute to the ongoing decline in the stock price of Kush Industries Ltd.

Why is Kush Industries Ltd falling/rising?

As of 24-Mar, Kush Industries Ltd's stock price is rising to 5.75, reflecting a 6.28% increase after a trend reversal. However, it has a year-to-date decline of 22.09% and is trading below its moving averages, indicating long-term underperformance and waning investor interest.

As of 24-Mar, Kush Industries Ltd's stock price is rising, currently at 5.75, with a change of 0.34 (6.28%) increase. This upward movement comes after a trend reversal, as the stock has gained following four consecutive days of decline. Additionally, it has outperformed its sector by 3.69%, indicating a relative strength compared to other companies in the textile sector, which has gained by 2.66%.<BR><BR>Despite this recent rise, the stock has been underperforming in the longer term, with a year-to-date decline of 22.09% and a one-year drop of 32.35%. The stock is currently trading below its moving averages across various time frames, suggesting a generally bearish trend. Furthermore, there has been a decrease in investor participation, with delivery volume falling by 6.91% compared to the five-day average, which may indicate waning interest among investors.<BR><BR>Overall, while the stock is experiencing a short-term rise, it is important to note the broader context of its long-term underperformance and the negative factors affecting its fundamentals, such as a negative book value and high debt levels.

Why is Kush Industries Ltd falling/rising?

As of 25-Mar, Kush Industries Ltd's stock price is rising to 5.90, reflecting a 2.08% increase over the last two days. Despite this short-term gain and increased investor interest, the long-term outlook is negative due to significant declines in stock value and financial instability.

As of 25-Mar, Kush Industries Ltd's stock price is rising, currently at 5.90, with a change of 0.12, representing a 2.08% increase. This upward movement is notable as the stock has been gaining for the last two days, achieving a total return of 9.06% during this period. Additionally, the stock has outperformed its sector by 0.39% today, indicating a positive trend in the short term.<BR><BR>Investor participation has also increased, with a delivery volume of 6.6k on 24 March, which is a 53.76% rise compared to the 5-day average delivery volume. This suggests growing interest among investors, contributing to the stock's price increase.<BR><BR>However, it is important to note that despite the recent rise, Kush Industries Ltd has faced significant challenges over longer periods. The stock has experienced a decline of 20.05% year-to-date and a substantial drop of 27.96% over the past year. The company has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of -3.66% over the last five years. Furthermore, the company has a high debt-to-equity ratio and has reported negative EBITDA, indicating financial instability.<BR><BR>In summary, while Kush Industries Ltd is currently experiencing a rise in stock price due to short-term gains and increased investor participation, the long-term outlook remains concerning due to poor financial performance and high debt levels.

Which are the latest news on Kush Industries?