Kanoria Chemicals & Industries Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:59 AM
Kanoria Chemicals & Industries Limited manufactures and sells chemical intermediates in India. The company operates through Alco Chemicals and Solar Power segments. It provides chemicals, such as acetaldehyde, di-pentaerythritol, formaldehyde, hexamine, pentaerythritol, phenolic resins, and sodium formate. The company also develops and sells electronic and mechatronic modules, and control devices for the automotive, consumer goods, power tool electronics, and building automation industries. In addition, it operates a solar power plant with a generation capacity of 5 MW in Jodhpur district, Rajasthan; and manufactures and sells yarn and denim. The company also exports its products. The company was incorporated in 1960 and is based in New Delhi, India. Kanoria Chemicals & Industries Limited is a subsidiary of Vardhan Limited.
|Industry / Sector||Chemicals / Basic Materials|
|Full time employees||409|
|Mailing address||Indra Prakash 21 Barakhamba Road New Delhi 110001 India|
|Phone / Fax||91 11 4357 9200 / 91 11 2371 7203|
Kanoria Chemicals & Industries Limited paid ₹0.00 dividend and the ex-dividend date was 24 Aug 2022.The dividend payout ratio is 285.71%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.KANORICHEM dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
KANORICHEM's forward dividend amount is ₹1 and the forward dividend yield is 0.75%. 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.
As of Dec 2022, following are the company executives and directors listed on Kanoria Chemicals & Industries Limited.
|Mr. Rajya Vardhan Kanoria B.Sc.||Exec. Chairman & MD||66|
|Mr. N. K. Nolkha||Group Chief Financial Officer||54|
|Anil S. Sodah||Assistant VP of Sales & Marketing||46|
|Mr. Saumya Vardhan Kanoria||Whole-Time Director||39||18.39M|
|Sanjay Kumar Ojha||Unit Head||49|
|Mr. Ranjeet Singh||Chief Exec. of Chemicals Bus.||52|
|Shanker Banerjee||VP of Resin Bus.||59|
|Ms. Neha Saraf||Company Sec. & Compliance Officer|
|Mr. Dileep Kumar Jain||Pres of Marketing||64|
|Mr. Anand Vardhan Kanoria||Vice Chairman Operations|
Profitability and management effectiveness
Return on assets
Return on equity
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 Kanoria Chemicals & Industries Limited is and its enterprise value is .
The KANORICHEM's stocks Beta value is 0.82 making it 18% 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.
Kanoria Chemicals & Industries Limited (NSE:KANORICHEM) Frequently Asked Questions
1. What is Kanoria Chemicals & Industries Limited's Stock Symbol?
Kanoria Chemicals & Industries Limited trades on NSE under the ticker symbol "KANORICHEM".
2. What is Kanoria Chemicals & Industries Limited's stock price today?
One share of KANORICHEM stock can currently be purchased for approximately ₹132.
3. How can I contact Kanoria Chemicals & Industries Limited?
Kanoria Chemicals & Industries Limited's mailing address is Indra Prakash 21 Barakhamba Road New Delhi 110001 India. The company can be reached via phone at 91 11 4357 9200.
4. What is Kanoria Chemicals & Industries Limited's official website?
The official website of Kanoria Chemicals & Industries Limited is https://www.kanoriachem.com.