Kanani Industries Limited
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.
Kanani Industries Limited (KANANIIND) - Net Assets
Latest net assets as of September 2025: ₹668.30 Million INR
Based on the latest financial reports, Kanani Industries Limited (KANANIIND) has net assets worth ₹668.30 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹955.79 Million) and total liabilities (₹287.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹668.30 Million |
| % of Total Assets | 69.92% |
| Annual Growth Rate | 30.84% |
| 5-Year Change | 14.87% |
| 10-Year Change | 33.36% |
| Growth Volatility | 269.08 |
Kanani Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how Kanani Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kanani Industries Limited (2006–2025)
The table below shows the annual net assets of Kanani Industries Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹648.48 Million | +2.51% |
| 2024-03-31 | ₹632.59 Million | +0.95% |
| 2023-03-31 | ₹626.64 Million | +6.57% |
| 2022-03-31 | ₹588.03 Million | +4.16% |
| 2021-03-31 | ₹564.54 Million | -0.08% |
| 2020-03-31 | ₹565.00 Million | +7.47% |
| 2019-03-31 | ₹525.71 Million | +5.67% |
| 2018-03-31 | ₹497.52 Million | +1.76% |
| 2017-03-31 | ₹488.93 Million | +0.55% |
| 2016-03-31 | ₹486.27 Million | +5.71% |
| 2015-03-31 | ₹460.00 Million | +3.48% |
| 2014-03-31 | ₹444.51 Million | +6.92% |
| 2013-03-31 | ₹415.72 Million | +4.43% |
| 2012-03-31 | ₹398.09 Million | +0.05% |
| 2011-03-31 | ₹397.89 Million | +68.56% |
| 2010-03-31 | ₹236.05 Million | +37.96% |
| 2009-03-31 | ₹171.10 Million | +260.46% |
| 2008-03-31 | ₹47.47 Million | +1199.01% |
| 2007-03-31 | ₹3.65 Million | -6.94% |
| 2006-03-31 | ₹3.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kanani Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 40001700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹400.02 Million | 61.69% |
| Common Stock | ₹197.87 Million | 30.51% |
| Other Comprehensive Income | ₹50.60 Million | 7.80% |
| Total Equity | ₹648.48 Million | 100.00% |
Kanani Industries Limited Competitors by Market Cap
The table below lists competitors of Kanani Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Superior Industries International
NYSE:SUP
|
$1.81 Million |
|
LIGAND PHARMA (LGDN.SG)
STU:LGDN
|
$1.81 Million |
|
Haidemenos S.A.
AT:HAIDE
|
$1.82 Million |
|
Raise Production Inc
PINK:GLKFF
|
$1.82 Million |
|
Generation Income Properties Inc
NASDAQ:GIPR
|
$1.81 Million |
|
Mathios Refractories S.A.
AT:MATHIO
|
$1.81 Million |
|
Bonei Hatichon Civil Engineering and Infrastructures Ltd
TA:BOTI
|
$1.81 Million |
|
Refine Group AB
ST:REFINE
|
$1.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kanani Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 632,586,000 to 648,481,000, a change of 15,895,000 (2.5%).
- Net income of 7,787,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 8,068,000.
- Other factors increased equity by 16,176,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹7.79 Million | +1.2% |
| Other Comprehensive Income | ₹-8.07 Million | -1.24% |
| Other Changes | ₹16.18 Million | +2.49% |
| Total Change | ₹- | 2.51% |
Book Value vs Market Value Analysis
This analysis compares Kanani Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 11.30x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹0.12 | ₹1.35 | x |
| 2007-03-31 | ₹0.11 | ₹1.35 | x |
| 2008-03-31 | ₹1.44 | ₹1.35 | x |
| 2009-03-31 | ₹0.86 | ₹1.35 | x |
| 2010-03-31 | ₹1.19 | ₹1.35 | x |
| 2011-03-31 | ₹2.01 | ₹1.35 | x |
| 2012-03-31 | ₹2.01 | ₹1.35 | x |
| 2013-03-31 | ₹2.10 | ₹1.35 | x |
| 2014-03-31 | ₹2.25 | ₹1.35 | x |
| 2015-03-31 | ₹2.32 | ₹1.35 | x |
| 2016-03-31 | ₹2.46 | ₹1.35 | x |
| 2017-03-31 | ₹2.47 | ₹1.35 | x |
| 2018-03-31 | ₹2.51 | ₹1.35 | x |
| 2019-03-31 | ₹2.66 | ₹1.35 | x |
| 2020-03-31 | ₹2.86 | ₹1.35 | x |
| 2021-03-31 | ₹2.85 | ₹1.35 | x |
| 2022-03-31 | ₹2.97 | ₹1.35 | x |
| 2023-03-31 | ₹6.33 | ₹1.35 | x |
| 2024-03-31 | ₹3.20 | ₹1.35 | x |
| 2025-03-31 | ₹3.66 | ₹1.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kanani Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.46%
- • Asset Turnover: 1.81x
- • Equity Multiplier: 1.43x
- Recent ROE (1.20%) is below the historical average (14.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 51.03% | 46.15% | 0.64x | 1.73x | ₹1.61 Million |
| 2007 | -7.46% | -10.78% | 0.67x | 1.03x | ₹-637.97K |
| 2008 | 92.61% | 30.69% | 0.74x | 4.08x | ₹39.21 Million |
| 2009 | 48.65% | 15.34% | 1.15x | 2.77x | ₹66.14 Million |
| 2010 | 31.97% | 8.69% | 1.53x | 2.41x | ₹51.87 Million |
| 2011 | 40.67% | 10.67% | 1.60x | 2.38x | ₹122.05 Million |
| 2012 | 1.71% | 0.41% | 1.42x | 2.93x | ₹-33.00 Million |
| 2013 | 2.31% | 0.33% | 2.04x | 3.44x | ₹-31.98 Million |
| 2014 | 6.73% | 0.89% | 1.75x | 4.34x | ₹-14.53 Million |
| 2015 | 3.61% | 0.37% | 2.86x | 3.38x | ₹-29.37 Million |
| 2016 | 3.94% | 0.39% | 2.93x | 3.48x | ₹-29.49 Million |
| 2017 | 1.03% | 0.11% | 2.83x | 3.20x | ₹-43.86 Million |
| 2018 | 1.62% | 0.21% | 2.42x | 3.21x | ₹-41.68 Million |
| 2019 | 4.15% | 0.63% | 2.28x | 2.87x | ₹-30.78 Million |
| 2020 | 4.53% | 0.68% | 2.43x | 2.74x | ₹-30.88 Million |
| 2021 | 0.78% | 0.14% | 2.33x | 2.36x | ₹-52.06 Million |
| 2022 | 3.07% | 0.62% | 2.06x | 2.40x | ₹-40.75 Million |
| 2023 | 3.47% | 0.80% | 2.07x | 2.08x | ₹-40.93 Million |
| 2024 | 0.98% | 0.28% | 2.35x | 1.50x | ₹-57.09 Million |
| 2025 | 1.20% | 0.46% | 1.81x | 1.43x | ₹-57.06 Million |
Industry Comparison
This section compares Kanani Industries Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $3,447,570,962
- Average return on equity (ROE) among peers: 8.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kanani Industries Limited (KANANIIND) | ₹668.30 Million | 51.03% | 0.43x | $1.81 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $970.79 Million | 28.23% | 3.07x | $55.26 Million |
| Ethos Limited (ETHOSLTD) | $515.18 Million | 0.29% | 2.67x | $288.97 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $2.64 Billion | -6.02% | 2.09x | $1.18 Million |
| Goldiam International Limited (GOLDIAM) | $2.55 Billion | 6.69% | 0.63x | $146.11 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $21.58 Billion | 6.63% | 2.81x | $1.62 Billion |
| KDDL Limited (KDDL) | $1.62 Billion | 10.59% | 1.66x | $125.89 Million |
| Laxmi Goldorna House Ltd (LGHL) | $314.55 Million | 0.40% | 2.56x | $37.95 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $267.48 Million | 15.22% | 5.40x | $968.81K |
| Moksh Ornaments Limited (MOKSH) | $572.50 Million | 10.92% | 0.87x | $12.89 Million |