Kanani Industries Limited Share Price and Company Fundamentals



Price
₹11.9
Change
1.950 (19.598%)
52 week
7.5 - 42.35

Last traded: Today at 9:52 AM

Kanani Industries Limited manufactures and exports diamond studded jewellery in India. The company was formerly known as IMP Finance Limited and changed its name to Kanani Industries Limited in October 2007. Kanani Industries Limited was incorporated in 1983 and is based in Mumbai, India.

Key Metrics

PE ratio

31.21

PB ratio

0.09

Dividend yield

0.00%

Beta

0.76

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Luxury Goods / Consumer Cyclical
Full time employees 33
Website https://www.kananiindustries.com
Mailing address GE-1080, Bharat Diamond Bourse G-Block Bandra Kurla Complex Bandra (East) Mumbai 400051 India
Phone / Fax 91 22 4005 0222 / 91 22 3008 4000

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Kanani Industries Limited paid ₹0.00 dividend and the ex-dividend date was 26 July 2010.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.KANANIIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

KANANIIND's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Kanani Industries Limited.

Name Title Age Total Pay
Mr. Premjibhai Devjibhai Kanani Chairman & Whole-Time Director 63 499.2k
Mr. Harshil Premjibhai Kanani MD & Exec. Director 38 501k
Mr. Darshak A. Pandya Chief Financial Officer 36 420k
Hardik Gabani Admin Mang. 35
Mr. Mehul S. Kundariya Company Sec. & Compliance Officer 31 240k
Nikhil Vadhariya Sale-Exec. 28
Ketan Shah Accountant 55
Rohit Rikame Accountant 26
Mahendrabhai K. Tandel Operation Mang. 49
Shrutik Barot Accountant 25

Profitability and management effectiveness

Profit margin

1.05%

Operating margin

1.20%

Return on assets

1.54%

Return on equity

4.89%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Kanani Industries Limited is and its enterprise value is .

The KANANIIND's stocks Beta value is 0.76 making it 24% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Kanani Industries Limited (NSE:KANANIIND) Frequently Asked Questions

1. What is Kanani Industries Limited's Stock Symbol?

Kanani Industries Limited trades on NSE under the ticker symbol "KANANIIND".

2. What is Kanani Industries Limited's stock price today?

One share of KANANIIND stock can currently be purchased for approximately ₹11.9.

3. How can I contact Kanani Industries Limited?

Kanani Industries Limited's mailing address is GE-1080, Bharat Diamond Bourse G-Block Bandra Kurla Complex Bandra (East) Mumbai 400051 India. The company can be reached via phone at 91 22 4005 0222.

4. What is Kanani Industries Limited's official website?

The official website of Kanani Industries Limited is https://www.kananiindustries.com.