Neelkanth

Which are the latest news on Neelkanth?

Why is Neelkanth Ltd falling/rising?

As of 05-Sep, Neelkanth Ltd's stock price is rising to 34.90, up 2.23% after a trend reversal following five days of decline. However, it remains below key moving averages, indicating longer-term underperformance despite increased investor interest.

As of 05-Sep, Neelkanth Ltd's stock price is rising, currently at 34.90, with a change of 0.76 (2.23%) upward. This increase comes after a trend reversal, as the stock has gained after five consecutive days of decline. Additionally, the stock has outperformed its sector by 0.96% today, indicating a relative strength compared to its peers.<BR><BR>Despite this positive movement, it is important to note that Neelkanth Ltd is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests that the stock has been underperforming over a longer period. However, there has been a significant rise in investor participation, with delivery volume on September 3 increasing by 761.26% compared to the 5-day average, indicating renewed interest from investors.<BR><BR>Overall, while the stock is experiencing a rise today, it has faced considerable declines over the past week and month, with a 1-week drop of 16.51% compared to a slight decline of 0.97% in the Sensex. This context of recent performance highlights that the current rise may be a corrective movement rather than a definitive trend change.

Who are in the management team of Neelkanth?

The management team of Neelkanth includes Bhavik Bhimjyani (Chairman & Managing Director), Yogesh Thakkar (Independent Director), Asha Dawda (Director), Manohar Kumar (Independent Director), and Bhavesh R. Pandya (Company Secretary & Compliance Officer).

The management team of Neelkanth includes the following individuals:<BR><BR>1. **Bhavik Bhimjyani** - Chairman & Managing Director<BR>2. **Yogesh Thakkar** - Independent Director<BR>3. **Asha Dawda** - Director<BR>4. **Manohar Kumar** - Independent Director<BR>5. **Bhavesh R. Pandya** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about Neelkanth or its operations, feel free to ask!

What does Neelkanth do?

Neelkanth Ltd is a Micro Cap company engaged in the export and trading of agri-products, primarily Basmati Rice. Incorporated in 1980, it reported net sales of 1 Cr and a net profit of 0 Cr for June 2026, with a market cap of INR 17 Cr.

Overview:<BR>Neelkanth Ltd is engaged in the export and trading of agri-products, particularly Basmati Rice, and operates within the Trading & Distributors industry as a Micro Cap company.<BR><BR>History:<BR>Incorporated on 1 May 1980, Neelkanth Ltd was formerly known as R T Exports Limited and changed its name on 18 December 1992. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 17 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 38.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.04 <BR>Return on Equity: 4.67% <BR>Price to Book: 1.85 <BR><BR>Contact Details:<BR>Address: 508 Dalamal House, Jamnalal Bajaj Rd Nariman Point Mumbai Maharashtra : 400021 <BR>Tel: 91-22-22840000 <BR>Email: compliance@rtexports.com <BR>Website: http://www.rtexports.com

Who are the peers of the Neelkanth?

Neelkanth's peers include Dalmia Industria, O.P Chains, Regent Enterprises, Mah. Corporation, UR Sugar, Fruition Venture, Norris Medicines, Yash Management & Sat., and Tai Industries. Most peers exhibit below average management risk and growth, with UR Sugar showing the highest 1-year return at -29.56%.

Peers: The peers of Neelkanth are Dalmia Industria, O.P Chains, Regent Enterp., Mah. Corporation, UR Sugar, Fruition Venture, Norris Medicines, Yash Mgmt & Sat., and Tai Industries.<BR><BR>Quality Snapshot: Below Average management risk is observed at Dalmia Industria, Regent Enterp., Mah. Corporation, UR Sugar, Fruition Venture, Neelkanth, Yash Mgmt & Sat., and Tai Industries, while O.P Chains and Norris Medicines do not qualify. Good growth is found at Regent Enterp., while Average growth is noted at Yash Mgmt & Sat., and the rest have Below Average growth. Excellent capital structure is observed at Regent Enterp. and Yash Mgmt & Sat., while Good capital structure is noted at Mah. Corporation, UR Sugar, Fruition Venture, and Tai Industries, with the rest having Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is UR Sugar at -29.56%, while the lowest is Mah. Corporation at -27.27%. Neelkanth's 1-year return is not available for comparison. Additionally, the six-month return is negative for Dalmia Industria, Regent Enterp., Fruition Venture, and Yash Mgmt & Sat.

How big is Neelkanth?

As of 31st August, Neelkanth Ltd has a market capitalization of 17.00 Cr, with recent net sales of 1.21 Cr and a net profit of 0.15 Cr. As of March 2025, shareholder's funds are 9.59 Cr and total assets are 10.11 Cr.

As of 31st August, Neelkanth Ltd has a market capitalization of 17.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest two quarters, Neelkanth reported Net Sales of 1.21 Cr and a Net Profit of 0.15 Cr. This reflects the company's performance over the most recent periods.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds are recorded at 9.59 Cr and Total Assets amount to 10.11 Cr.

Should I buy, sell or hold Neelkanth Ltd?

When is the next results date for Neelkanth Ltd?

The next results date for Neelkanth Ltd is 13 August 2026.

The next results date for Neelkanth Ltd is scheduled for 13 August 2026.

Are Neelkanth Ltd latest results good or bad?

Neelkanth Ltd's latest results show strong sales growth of 148.54%, but profit growth has slowed to 109.09%, raising concerns about its market position and leading to a 'Sell' recommendation from MarketsMOJO. Overall, while sales are increasing, the declining profitability and flat performance in the previous quarter indicate potential challenges ahead.

Neelkanth Ltd's latest results indicate a mixed performance. While the company reported a significant year-over-year growth in net sales of 148.54% for the quarter ending March 2025, its standalone net profit growth has decreased to 109.09%, down from 139.29% in the previous year. This suggests that while sales are increasing substantially, the growth in profitability is slowing.<BR><BR>Additionally, the overall financial performance for the quarter ending December 2024 was flat, showing no significant changes compared to prior periods. This consistency may indicate stability, but it has led to a 'Sell' recommendation from MarketsMOJO, reflecting concerns about the company's market position and performance.<BR><BR>In summary, while there are positive signs in sales growth, the declining profit growth and flat performance in the preceding quarter suggest that Neelkanth Ltd faces challenges that could impact its future prospects. Stakeholders will need to watch how the company adapts to these market conditions moving forward.

Is Neelkanth overvalued or undervalued?

As of October 29, 2025, Neelkanth is considered very expensive and overvalued, with a PE ratio of 2334.24 and an EV to EBITDA ratio of 23.52, significantly higher than its peers, despite a strong one-year stock return of 24.53%.

As of 29 October 2025, the valuation grade for Neelkanth has moved from risky to very expensive. The company is currently overvalued based on its high valuation metrics. Notably, the PE ratio stands at an astonishing 2334.24, while the EV to EBITDA ratio is 23.52, indicating a significant premium over typical market valuations. Additionally, the Price to Book Value ratio is 2.43, which further supports the overvaluation assessment.<BR><BR>In comparison to its peers, Neelkanth's valuation appears excessive; for instance, Elitecon International has a PE ratio of 344.77 and EV to EBITDA of 347.91, while Lloyds Enterprises shows a PE of 31.48 and EV to EBITDA of 78.45. This stark contrast highlights Neelkanth's inflated valuation relative to its industry. Despite a strong one-year stock return of 24.53% compared to the Sensex's 5.76%, the underlying financial ratios suggest that investors may be paying too much for the stock at its current price of 53.55.

How has been the historical performance of Neelkanth?

Neelkanth's historical performance shows fluctuations, with net sales peaking at 5.72 Cr in March 2024 before declining to 4.94 Cr in March 2025, alongside significant drops in profits and operating margins. The company faces challenges in cash flow generation, indicating a need for strategic adjustments.

Answer:<BR>The historical performance of Neelkanth shows fluctuations in its financial metrics over the years, with notable changes in net sales, profits, and overall financial health.<BR><BR>Breakdown:<BR>Neelkanth's net sales peaked at 5.72 Cr in March 2024, but fell to 4.94 Cr in March 2025. The total operating income followed a similar trend, decreasing from 5.72 Cr in March 2024 to 4.94 Cr in March 2025. The company experienced a significant drop in operating profit, which decreased from 0.45 Cr in March 2024 to 0.16 Cr in March 2025, reflecting a decline in operating profit margin from 7.17% to 3.04%. Profit before tax also saw a decline, moving from 0.30 Cr in March 2024 to just 0.01 Cr in March 2025, while profit after tax mirrored this trend, decreasing from 0.30 Cr to 0.01 Cr. The earnings per share (EPS) dropped from 0.69 in March 2024 to 0.02 in March 2025. On the balance sheet, total liabilities increased from 10.08 Cr in March 2023 to 11.14 Cr in March 2024, while total assets also rose from 10.08 Cr to 11.14 Cr in the same period. However, the company has maintained a consistent equity capital of 4.36 Cr over the years. Cash flow from operating activities remained stagnant at 0.00 Cr for the last two years, indicating challenges in generating cash from operations. Overall, Neelkanth's financial performance reflects a mix of growth and decline across various metrics, highlighting the need for strategic adjustments moving forward.

Who are the top shareholders of the Neelkanth?

The top shareholders of Neelkanth include promoter Rashmi C Bhimjyani with 40.3%, public shareholder Gulshan Rai with 5.32%, and individual investors collectively owning 26.01%. There are also three mutual fund schemes with a combined holding of 0.02%, and no foreign institutional investors are involved.

The top shareholders of Neelkanth include the promoters, who hold the majority of the shares. Rashmi C Bhimjyani is the promoter with the highest holding at 40.3%. In terms of public shareholders, Gulshan Rai holds 5.32%. Additionally, individual investors collectively own 26.01% of the company. There are also three mutual fund schemes that hold a very small percentage of 0.02%, but there are no foreign institutional investors (FIIs) involved.

What is the technical trend for Neelkanth?

As of June 2, 2025, Neelkanth's trend has shifted to mildly bearish, supported by a bearish monthly MACD and KST, despite bullish Bollinger Bands on longer time frames.

As of 2 June 2025, the technical trend for Neelkanth has changed from mildly bullish to mildly bearish. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, indicating a divergence in momentum. The daily moving averages are also mildly bearish, which supports the current trend shift. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential price stability. However, the KST is bearish on both weekly and monthly time frames, further indicating weakness. Overall, the current stance is mildly bearish, with the key indicators being the bearish monthly MACD and KST, alongside the mildly bearish daily moving averages.

Has Neelkanth declared dividend?

No Dividend History Available