Kanani Industries Ltd Stock Price Today (NSE: KANANIIND)

Kanani Industries Ltd

1.580.03 (1.86%)
Market Closed

Fundamental Score

...

Kanani Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Kanani Industries Ltd share price today is 1.58, down 1.86% on NSE/BSE as of 17 June 2026. Kanani Industries Ltd (KANANIIND) is a Small-cap company in the Gems, Jewellery And Watches sector with a market capitalisation of 33.45 (Cr). The 52-week high for KANANIIND share price is 2.27 and the 52-week low is 1.02. At a P/E ratio of 15.85x, KANANIIND is currently trading below its industry average P/E of 28.63x. The company has a Return on Equity (ROE) of 1.19% and a debt-to-equity ratio of 0.00.

Kanani Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1.72
Low
1.41
Volume
2.1L
Change
-8.82%

Kanani Industries Ltd share price chart: -8.82% return over the past month. 52-week high ₹2.27, 52-week low ₹1.02.

Kanani Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1.601.601.541.5573.31K (Cr)
1.631.631.531.541.09L (Cr)
1.561.571.541.561.00L (Cr)
1.591.591.521.551.19L (Cr)
1.541.591.531.5493.72K (Cr)
1.541.631.541.541.30L (Cr)
1.661.711.551.572.68L (Cr)
1.531.661.501.658.30L (Cr)
1.491.541.491.5130.49K (Cr)
1.471.551.441.492.49L (Cr)

Kanani Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1.631.631.531.55-4.91%
1.611.711.411.56-3.11%
1.061.891.061.62+52.83%
1.491.511.021.06-28.86%
1.621.751.471.51-6.79%
1.641.771.451.55-5.49%
1.731.781.421.66-4.05%
1.941.941.621.73-10.82%
1.912.041.871.91+0.00%
2.142.271.831.93-9.81%
2.022.131.792.11+4.46%
2.162.171.972.01-6.94%

AI Research Briefing

Powered by Gemini · 2026-04-10

Kanani Industries is a micro-cap garbage fire fueled by speculation; stay far away.

Research Confidence
8.0/10High
MICRO-CAP DARK HORSEBreakdown. 1M: -10.47%, 3M: -14.93%, 6M: -20.83%Expensive. P/E is 15.85x vs. industry P/E of 28.63x, but earnings are terrible.

WHAT'S HAPPENING NOW

Kanani Industries' stock hit the upper circuit of 19.81% on April 1, 2026, closing at Buyers were queuing up, but no sellers were willing to trade. Delivery volumes rose 41.91% above the 5-day average, suggesting genuine buying interest. Recently, the company has been filing compliance certificates and updating its registered office address.

CORE STORY

Kanani Industries is a micro-cap plaything, subject to the whims of low-liquidity fueled speculation, not a fundamentally driven investment.

Why Now
  • Upper circuit triggered by low liquidity
  • Increased delivery volumes indicate retail frenzy
  • Q3 revenue growth, but profit decline
Potential Catalysts
  • New export orders (unlikely)
  • Positive news sentiment (easily manipulated)
  • Significant increase in promoter holding (unlikely)
Key Risks
  • Micro-cap with extremely limited liquidity
  • Weak fundamentals: negative Sales and Profit CAGR
  • Near-zero ROE and ROCE
Institutional Activity

Promoter holding steady at 33.79%. No FII or DII interest. Smart money is elsewhere.

Macro Context

Gems and jewellery sector aims to increase domestic sales by 10-15% to offset war impact on exports. Aims to be global hub.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹24.07 Cr, but trending down.

3–6 Month Outlook

Expect continued volatility driven by speculation. Fundamentals offer no support. This will end badly.

Primary Thesis Risk

Liquidity evaporates, leaving bagholders with worthless shares.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

1.19%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

1.21%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

0.55%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Kanani Industries Ltd Valuation Check

Excellent

Price to Earnings (P/E)

15.85x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

28.63x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

33.79%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

2620.00%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

2.89%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-14.86%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-17.09%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-17.09%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Interest Coverage Ratio

N/A

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

24.07 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Kanani Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of KANANIIND across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Attractive Valuation (P/E: 15.85 vs Industry: 28.63)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (2620.00%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (1.19%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (1.21%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (0.55%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Limited Growth History (-14.86% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (-17.09% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-17.09% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Kanani Industries Ltd vs Gems, Jewellery And Watches Peers

Peer Comparison - Gems, Jewellery And Watches

Compare Kanani Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
23.8/100
2
₹33.45
15.8
Average
1.19%
Poor
1.21%
Poor
0.0
Excellent
-17.09%
Poor
-14.86%
Poor
0.00%
69.7/100
4138
₹345673.26
83.7
Average
31.75%
Excellent
19.14%
Good
1.0
Good
17.32%
Excellent
23.49%
Excellent
0.28%
53.2/100
355
₹52335.30
56.2
Average
15.95%
Good
15.03%
Good
1.0
Good
38.25%
Excellent
19.91%
Excellent
0.30%
61.4/100
3924
₹10450.02
56.9
Average
14.88%
Average
13.74%
Average
1.0
Good
21.06%
Excellent
23.75%
Excellent
0.37%
61.6/100
536
₹8588.27
28.9
Average
20.97%
Excellent
19.41%
Good
0.8
Good
52.06%
Excellent
25.28%
Excellent
0.00%
4.2/100
470
₹8466.37
-35.81%
Poor
-0.57%
Poor
1.1
Average
47.33%
Excellent
0.00%
Ethos Ltd...
ETHOSLTD543532
58.1/100
2390
₹7976.04
83.9
Average
10.36%
Average
13.75%
Average
0.2
Excellent
120.26%
Excellent
22.28%
Excellent
0.00%
45.2/100
9
₹7181.78
11.7
Average
12.68%
Average
6.55%
Poor
0.2
Excellent
47.54%
Excellent
-15.49%
Poor
0.00%
39/100
122
₹5530.18
41.9
Average
0.61%
Poor
1.47%
Poor
0.1
Excellent
-39.86%
Poor
16.68%
Excellent
0.00%
Sky Gold Ltd...
SKYGOLD541967
41.6/100
487
₹5165.48
27.9
Average
25.46%
Excellent
21.21%
Excellent
0.8
Good
0.00%
43.4/100
340
₹5087.55
20.2
Average
9.83%
Poor
10.39%
Average
1.1
Average
12.69%
Good
20.93%
Excellent
0.32%

Kanani Industries Ltd PE Ratio History

Historical price-to-earnings ratio for KANANIIND — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20250.04₹1.6641.5x
FY 20240.03₹2.7090x
FY 20230.22₹3.7316.9x
FY 20220.09₹4.6351.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Kanani Industries Ltd Quarterly Performance

Latest quarterly metrics for KANANIIND — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

2.89%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

2620.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-14.86%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-17.09%

Compounded annual net profit growth over 5 years

Kanani Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for KANANIIND — calculated from daily price history

41RSI 14
Neutral — RSI 41

Momentum is balanced — neither overbought nor oversold.

SMA 50
2
▲ Price above SMA 50 — Short-term bullish
SMA 200
2
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
203K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Kanani Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Kanani Industries Ltd (KANANIIND) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Kanani Industries Ltd

About KANANIIND (Kanani Industries Ltd)

Kanani Industries Ltd is a shimmering beacon in the Indian Gems, Jewellery, and Watches sector, a company that has steadily carved a niche for itself through the meticulous craftin...g and global distribution of exquisite diamond-studded jewelry. Established with a vision to blend traditional artistry with contemporary designs, KANANIIND's creations reflect a commitment to quality and innovation. Each piece tells a story, carefully wrought from precious metals and adorned with ethically sourced diamonds, embodying both luxury and enduring value. From delicate necklaces to bold statement rings, their diverse collections cater to a wide range of tastes and occasions, reflecting a deep understanding of the evolving preferences of a discerning clientele. The company's journey, starting from its inception, has been marked by a dedication to precision and an unwavering focus on exceeding customer expectations. Their state-of-the-art manufacturing facilities, coupled with a skilled workforce of artisans and designers, ensure that every piece that bears the KANANIIND name is a testament to superior craftsmanship. With a strategic approach to sourcing materials and implementing stringent quality control measures, they maintain the highest standards across their entire production process. This unwavering commitment to excellence has enabled Kanani Industries Ltd to establish a strong presence in both domestic and international markets, building lasting relationships with retailers and wholesalers around the globe. Based in the vibrant city of Mumbai, KANANIIND leverages its strategic location to access key resources and markets. They foster a culture of continuous improvement and adaptation, embracing new technologies and design trends to stay at the forefront of the competitive jewelry industry. Their commitment to sustainability and ethical practices is deeply ingrained in their business philosophy, ensuring that their operations contribute positively to the environment and the communities they serve. By combining artistic flair with business acumen, Kanani Industries Ltd continues to shine as a symbol of innovation, quality, and enduring elegance in the world of fine jewelry.

Company Details

Symbol:KANANIIND
Industry:Gems, Jewellery And Watches
Sector:Gems, Jewellery And Watches

Key Leadership

Mr. Premjibhai Devjibhai Kanani
Chairman & Whole-Time Director
Mr. Harshil Premjibhai Kanani
MD & Executive Director
Mr. Darshak A. Pandya
Chief Financial Officer

KANANIIND Share Price: Frequently Asked Questions

What is the current share price of Kanani Industries Ltd?

Kanani Industries Ltd (KANANIIND) trades at ₹1.58 on NSE and BSE. Market cap ₹33.45 (Cr). Educational data only.

What is the P/E ratio of Kanani Industries Ltd?

Kanani Industries Ltd has a P/E of 15.85x vs industry average 28.63x.

What is the Bull Run score for Kanani Industries Ltd?

Kanani Industries Ltd has a Bull Run score of 23.8/100 based on 25+ financial parameters.

Does Kanani Industries Ltd pay dividends?

Kanani Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Kanani Industries Ltd?

Kanani Industries Ltd has ROE of 1.19%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Kanani Industries Ltd?

Kanani Industries Ltd has debt-to-equity of 0.00.

Is Kanani Industries Ltd a good investment?

Bull Run gives Kanani Industries Ltd a score of 23.8/100. This is not investment advice — consult a SEBI-registered advisor.