Kush Industries

Which are the latest news on Kush Industries?

Why is Kush Industries Ltd falling/rising?

As of 05-Sep, Kush Industries Ltd's stock price is rising to 6.37, indicating a potential trend reversal after previous declines. However, despite this short-term recovery, the stock has significant year-to-date and annual declines, with concerns about reduced investor participation.

As of 05-Sep, Kush Industries Ltd's stock price is rising, currently at 6.37, reflecting a change of 0.17 or 2.74% increase. This upward movement comes after two consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 2.25% today, suggesting positive momentum relative to its peers.<BR><BR>Despite the recent rise, it's important to note that the stock has experienced a significant decline year-to-date, down 13.69%, and has fallen 20.97% over the past year. However, over a longer period, the stock has shown resilience, with a 40.31% increase over the last three years and a remarkable 135.06% rise over the past five years.<BR><BR>The current price movement is also supported by the fact that the stock is trading higher than its 5-day moving averages, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. This indicates that while there is short-term strength, the stock has not yet regained its longer-term upward trend.<BR><BR>On the downside, there has been a notable decline in investor participation, with delivery volume dropping by 46.96% against the 5-day average, which could be a concern for sustained upward momentum. Nonetheless, the liquidity remains adequate for trading, as the stock is liquid enough based on its average traded value.<BR><BR>In summary, the recent rise in Kush Industries Ltd's stock price can be attributed to a short-term recovery after previous declines and outperformance relative to its sector, despite ongoing challenges reflected in its longer-term performance metrics and declining investor participation.

Who are in the management team of Kush Industries?

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).

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>If you need more details about any specific member or their roles, feel free to ask!

What does Kush Industries do?

Kush Industries Ltd is a micro-cap company in the Garments & Apparels industry, specializing in twisted polyester and micro filament yarn. Incorporated in 1992 and formerly known as SNS Textiles, it reported a market cap of INR 10 Cr and a net profit of 0 Cr as of June 2026.

Overview:<BR>Kush Industries Ltd is a micro-cap company operating in the Garments & Apparels industry, specializing in the manufacture of twisted polyester filament yarn and micro filament yarn.<BR><BR>History:<BR>Kush Industries Ltd was incorporated on 4 March 1992 in Gujarat as a public limited company, originally named SNS Textiles Limited. The company changed its name to Kush Industries Limited on 29 December 2016. The latest quarterly results reported are for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 28<BR>Dividend Yield: 0.00%<BR>Debt Equity: -1.18<BR>Return on Equity: 0.14%<BR>Price to Book: -1.34<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

Who are the peers of the Kush Industries?

Kush Industries' peers include United Leasing, Sri Lak.Sar.Arni, Mid India Inds., and others. United Leasing shows excellent management and capital structure, while Kush Industries has a 1-year return of -23.91%, better than Flexituff Vent. but worse than Jagjanani Text.

Peers: The peers of Kush Industries are United Leasing, Sri Lak.Sar.Arni, Mid India Inds., Jagjanani Text., Shree Mfg. Co., Sheshadri Indus., Flexituff Vent., RLF, Net Avenue.<BR><BR>Quality Snapshot: Excellent management risk is observed at United Leasing, while Below Average management risk is found at Sri Lak.Sar.Arni, Flexituff Vent., RLF, and the rest. Average growth is noted at United Leasing, while Below Average growth is seen at Sri Lak.Sar.Arni, Flexituff Vent., RLF, and the rest. The Capital Structure is excellent at United Leasing, while Below Average Capital Structure is present at Sri Lak.Sar.Arni, Flexituff Vent., RLF, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jagjanani Text. at -21.18%, while the peer with the lowest is Flexituff Vent. at -89.94%. Kush Industries has a 1-year return of -23.91%, which is better than Flexituff Vent. but worse than Jagjanani Text. Additionally, the six-month return is negative for Flexituff Vent., RLF, and Kush Industries.

How big is Kush Industries?

As of 31st August, Kush Industries Ltd has a market capitalization of 10.00 Cr, with recent net sales of 0.17 Cr and a net profit loss of 0.00 Cr. Shareholder's funds are at a loss of 7.29 Cr, and total assets are valued at 1.77 Cr.

As of 31st August, Kush Industries Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest two quarters, the sum of Net Sales is 0.17 Cr, while the sum of Net Profit is reported as a loss of 0.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds at a loss of 7.29 Cr and Total Assets valued at 1.77 Cr.

Should I buy, sell or hold Kush Industries Ltd?

When is the next results date for Kush Industries Ltd?

The next results date for Kush Industries Ltd is 30 July 2026.

The next results date for Kush Industries Ltd is scheduled for 30 July 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.

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.

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.

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.

Has Kush Industries declared dividend?

No Dividend History Available