Kanishk Steel Inds.
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May 27 (Reuters) - Kanishk Steel Industries Ltd KNSK.BO:
KANISHK STEEL INDUSTRIES MARCH-QUARTER NET PAT 12.5 MILLION RUPEES
KANISHK STEEL INDUSTRIES MARCH-QUARTER INCOME FROM OPERATIONS 1.14 BILLION RUPEES
Source text: ID:nBSE6GDgVL
Further company coverage: KNSK.BO
(([email protected];))
May 27 (Reuters) - Kanishk Steel Industries Ltd KNSK.BO:
KANISHK STEEL INDUSTRIES MARCH-QUARTER NET PAT 12.5 MILLION RUPEES
KANISHK STEEL INDUSTRIES MARCH-QUARTER INCOME FROM OPERATIONS 1.14 BILLION RUPEES
Source text: ID:nBSE6GDgVL
Further company coverage: KNSK.BO
(([email protected];))
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What does Kanishk Steel Inds. do?
Kanishk Steel Industries Limited is a leading manufacturer of constructional and structural steel products conforming to standards like BIS 1786 and IS 2062. The company specializes in TMT bars and focuses on providing high-quality and cost-effective solutions to its customers.
Who are the competitors of Kanishk Steel Inds.?
Kanishk Steel Inds. major competitors are Karbonsteel Engg., East India Drums, Shah Alloys, Kritika Wires, Surani Steel Tubes, Incredible Inds., Maiden Forgings. Market Cap of Kanishk Steel Inds. is ₹145 Crs. While the median market cap of its peers are ₹145 Crs.
Is Kanishk Steel Inds. financially stable compared to its competitors?
Kanishk Steel Inds. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Kanishk Steel Inds. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kanishk Steel Inds. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Kanishk Steel Inds. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory
How strong is Kanishk Steel Inds. balance sheet?
Balance sheet of Kanishk Steel Inds. is strong. But short term working capital might become an issue for this company.
Is the profitablity of Kanishk Steel Inds. improving?
The profit is oscillating. The profit of Kanishk Steel Inds. is ₹6.7 Crs for TTM, ₹8.32 Crs for Mar 2025 and ₹2.6 Crs for Mar 2024.
Is the debt of Kanishk Steel Inds. increasing or decreasing?
Yes, The net debt of Kanishk Steel Inds. is increasing. Latest net debt of Kanishk Steel Inds. is ₹26.21 Crs as of Mar-26. This is greater than Mar-25 when it was ₹19.75 Crs.
Is Kanishk Steel Inds. stock expensive?
Kanishk Steel Inds. is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Kanishk Steel Inds. is 28.41, while 3 year average PE is 16.96. Also latest EV/EBITDA of Kanishk Steel Inds. is 12.42 while 3yr average is 37.61.
Has the share price of Kanishk Steel Inds. grown faster than its competition?
Kanishk Steel Inds. has given better returns compared to its competitors. Kanishk Steel Inds. has grown at ~28.65% over the last 3yrs while peers have grown at a median rate of 7.0%
Is the promoter bullish about Kanishk Steel Inds.?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Kanishk Steel Inds. is 66.82% and last quarter promoter holding is 66.84%
Are mutual funds buying/selling Kanishk Steel Inds.?
There is Insufficient data to gauge this.