KANORICHEM - Kanoria Chemicals & Industries Ltd. Share Price

Chemicals & Petrochemicals

₹94.55+0.14(+0.15%)

Market Closed as of May 22, 2025, 15:30 IST

Valuation
Market Cap	413.12 Cr
Price/Earnings (Trailing)	-4.93
Price/Sales (Trailing)	0.28
EV/EBITDA	8.21
Price/Free Cashflow	-12.13
MarketCap/EBT	-7.22

Fundamentals
Revenue (TTM)	1.47 kCr
Rev. Growth (Yr)	-0.66%
Rev. Growth (Qtr)	-7.99%
Earnings (TTM)	-83.73 Cr
Earnings Growth (Yr)	-87.98%
Earnings Growth (Qtr)	-73.73%

Profitability
Operating Margin	-3.88%
EBT Margin	-3.88%
Return on Equity	-14.47%
Return on Assets	-5.51%
Free Cashflow Yield	-8.25%

Price to Sales Ratio

Latest reported: ₹

Revenue (Last 12 mths)

Latest reported: ₹1 kCr

Net Income (Last 12 mths)

Latest reported: ₹-84 Cr

Pros

Balance Sheet: Reasonably good balance sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Size: It is a small market cap company and can be volatile.

Growth: Poor revenue growth. Revenue grew at a disappointing -6.9% on a trailing 12-month basis.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	0.83%
Dividend/Share (TTM)	1
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	-12.93

Financial Health
Current Ratio	1.03
Debt/Equity	0.94
Debt/Cashflow	0.07

Revenue Breakdown

Analysis of Kanoria Chemicals & Industries's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Mar 31, 2025

Description	Share	Value
ELECTRONIC AUTOMOTIVE	50.4%	217.5 Cr
ALCO CHEMICALS	44.8%	193.3 Cr
TEXTILE	4.8%	20.6 Cr
Total		431.4 Cr

Share Holdings

Understand Kanoria Chemicals & Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
VARDHAN LIMITED	59.94%
R V INVESTMENT AND DEALERS LIMITED	7.35%
Sanjiv Dhireshbhai Shah	2.73%
KIRTIVARDHAN FINVEST SERVICES LIMITED	2.64%
SAUMYA VARDHAN KANORIA	1.27%
MADHUVANTI KANORIA	1.14%
Himanjana Ramesh Patel	1.12%
RAJYA VARDHAN KANORIA	1.06%
ANAND VARDHAN KANORIA	0.99%
ANUJA TANTIA	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Sector Comparison: KANORICHEM vs Chemicals & Petrochemicals

Comprehensive comparison against sector averages

Comparative Metrics

KANORICHEM metrics compared to Chemicals

Category	KANORICHEM	Chemicals
PE	-4.93	32.22
PS	0.28	1.30
Growth	-6.9 %	2.5 %

Performance Comparison

KANORICHEM vs Chemicals (2021 - 2025)

Key Insights

1. KANORICHEM is NOT among the Top 10 largest companies in Commodity Chemicals.
2. The company holds a market share of 2% in Commodity Chemicals.
3. In last one year, the company has had a below average growth that other Commodity Chemicals companies.

Income Statement for Kanoria Chemicals & Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	0.6%	162	161	162	148	134	143
Other Income	-1.5%	4.29	4.34	2.19	1.02	6.71	1.76
Total Income	1.2%	167	165	164	149	141	145
Cost of Materials	-1.8%	108	110	111	114	106	106
Purchases of stock-in-trade	70.3%	6.84	4.43	5.03	0	1.13	0
Employee Expense	0%	10	10	9.72	9.15	8.74	9.47
Finance costs	23.7%	4.76	4.04	2.97	2.72	2.59	3.11
Depreciation and Amortization	19%	5.44	4.73	4.46	5.06	5.49	5.48
Other expenses	8%	28	26	25	24	24	25
Total Expenses	3.2%	164	159	163	151	143	148
Profit Before exceptional items and Tax	-77.9%	2.26	6.7	1.28	-1.94	-1.96	-3.75
Exceptional items before tax	-	-20.25	0	0	0	0	0.29
Total profit before tax	-433.2%	-17.99	6.7	1.28	-1.94	-1.96	-3.46
Current tax	195%	1.59	1.2	0.29	1.82	-0.23	-0.56
Deferred tax	-117.8%	0.12	5.95	0.41	-4.5	1.21	-0.19
Total tax	-88.5%	1.71	7.15	0.7	-2.68	0.98	-0.75
Total profit (loss) for period	-1327.6%	-19.7	-0.45	1.64	0.74	-2.94	-2.71
Other comp. income net of taxes	1%	-0.01	-0.02	0.11	-0.29	0.18	0
Total Comprehensive Income	-1308.8%	-19.71	-0.47	1.75	0.45	-2.76	-2.71
Earnings Per Share, Basic	-400.9%	-4.51	-0.1	0.37	0.18	-0.67	-0.62
Earnings Per Share, Diluted	-400.9%	-4.51	-0.1	0.37	0.18	-0.67	-0.62

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-14.2%	579	675	649	388	360	448
Other Income	20%	25	21	11	4.88	20	13
Total Income	-13.2%	604	696	660	393	380	461
Cost of Materials	-15.3%	445	525	475	258	265	316
Purchases of stock-in-trade	-	1.13	0	0	0	0	9.19
Employee Expense	-5.3%	37	39	36	29	30	25
Finance costs	29.4%	12	9.5	9.13	12	12	6.42
Depreciation and Amortization	0%	21	21	21	22	21	20
Other expenses	0%	96	96	84	59	71	69
Total Expenses	-12%	605	687	620	394	386	447
Profit Before exceptional items and Tax	-123.6%	-0.87	8.92	40	-1.25	-6.43	13
Exceptional items before tax	-	-2.42	0	0	-3.78	0	-2.8
Total profit before tax	-154.2%	-3.29	8.92	40	-5.03	-6.43	11
Current tax	-25.5%	1.82	2.1	7.22	0	0	3.02
Deferred tax	-4436.4%	-3.99	0.89	7.9	-1.36	-5.61	-0.02
Total tax	-259.3%	-2.17	2.99	15	-1.36	-5.61	3
Total profit (loss) for period	-143%	-1.12	5.93	25	-3.67	-0.82	7.65
Other comp. income net of taxes	-19.1%	-0.06	0.11	0.08	0.65	-1.42	-0.08
Total Comprehensive Income	-143.3%	-1.18	6.04	25	-3.02	-2.24	7.57
Earnings Per Share, Basic	-308.3%	0.25	1.36	5.72	-0.84	-0.19	1.75
Earnings Per Share, Diluted	-308.3%	0.25	1.36	5.72	-0.84	-0.19	1.75

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-7%	348	374	384	362	342	371
Other Income	-107.6%	0.71	4.81	1.08	0.54	8.47	-0.69
Total Income	-8%	348	378	385	362	351	371
Cost of Materials	-9.9%	229	254	265	210	221	271
Purchases of stock-in-trade	70.3%	6.84	4.43	5.03	0	1.13	0
Employee Expense	1.8%	58	57	58	58	55	61
Finance costs	-9.1%	11	12	11	12	9.02	12
Depreciation and Amortization	7.1%	16	15	15	16	16	15
Other expenses	-8.2%	46	50	51	48	55	45
Total Expenses	-3.4%	375	388	408	360	364	392
Profit Before exceptional items and Tax	-169%	-26.92	-9.38	-23.01	2.06	-13.62	-21.41
Exceptional items before tax	-	0	0	0	0	0	0.29
Total profit before tax	-169%	-26.92	-9.38	-23.01	2.06	-13.62	-21.12
Current tax	293.3%	1.59	1.15	0.57	1.47	0.49	-0.51
Deferred tax	-117.8%	0.12	5.95	0.41	16	1.12	-0.09
Total tax	-88.4%	1.71	7.1	0.98	18	1.61	-0.6
Total profit (loss) for period	-69.5%	-28.63	-16.48	-22.93	-15.69	-15.23	-20.52
Other comp. income net of taxes	3893.3%	6.99	1.15	1.48	1.3	0.41	2.04
Total Comprehensive Income	-38.6%	-21.64	-15.33	-21.45	-14.39	-14.82	-18.48
Earnings Per Share, Basic	-15.3%	-3.82	-3.18	-3.81	-2.12	-1.86	-4.2
Earnings Per Share, Diluted	-15.3%	-3.82	-3.18	-3.81	-2.12	-1.86	-4.2

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-6.4%	1,477	1,578	1,369	1,095	1,005	1,074
Other Income	100%	19	10	29	12	22	12
Total Income	-5.9%	1,496	1,589	1,398	1,107	1,027	1,086
Cost of Materials	-13.6%	989	1,144	980	711	692	738
Purchases of stock-in-trade	-	1.13	0	0	0	0	9.19
Employee Expense	9.9%	234	213	197	161	159	151
Finance costs	20%	43	36	27	32	37	36
Depreciation and Amortization	5.2%	62	59	57	58	56	49
Other expenses	10.3%	194	176	152	115	137	134
Total Expenses	-4.4%	1,530	1,601	1,385	1,092	1,069	1,095
Profit Before exceptional items and Tax	-161.5%	-33.54	-12.21	13	15	-42.83	-9.59
Exceptional items before tax	-	-2.42	0	0	-3.78	0	-5.39
Total profit before tax	-179.8%	-35.96	-12.21	13	11	-42.83	-14.98
Current tax	25%	2.3	2.04	8.03	0.15	0.37	3.38
Deferred tax	775.1%	17	-1.37	2.87	-4.71	-11.65	1.14
Total tax	5554.5%	19	0.67	11	-4.56	-11.28	4.52
Total profit (loss) for period	-305.5%	-55.28	-12.88	2.23	16	-31.55	-19.5
Other comp. income net of taxes	-70.2%	6.06	18	0.08	0.65	-1.42	-0.2
Total Comprehensive Income	-1461%	-49.22	4.69	2.31	17	-32.97	-19.7
Earnings Per Share, Basic	-225.2%	-8.79	-2.01	1.56	3.32	-5.9	-3.42
Earnings Per Share, Diluted	-225.2%	-8.79	-2.01	1.56	3.32	-5.9	-3.42

Balance Sheet for Kanoria Chemicals & Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	73.2%	0.74	0.03	0.04	0.04	0.03	3.62
Current investments	-1.6%	2.85	2.88	2.8	6.51	7.02	7
Loans, current	-73.2%	9.04	31	26	26	12	0.27
Total current financial assets	-4.7%	122	128	131	131	130	135
Inventories	30.9%	73	56	49	53	68	52
Current tax assets	-15.4%	12	14	13	13	11	11
Total current assets	8.5%	232	214	204	205	216	206
Property, plant and equipment	13.2%	429	379	394	404	384	399
Capital work-in-progress	-101%	0.7	32	3.99	0.02	24	4.88
Non-current investments	0%	207	207	206	211	199	202
Loans, non-current	31.7%	138	105	90	83	89	84
Total non-current financial assets	10.5%	347	314	299	296	290	288
Total non-current assets	6.7%	779	730	702	702	699	695
Total assets	7.1%	1,011	944	907	907	915	901
Borrowings, non-current	49.1%	86	58	56	65	62	59
Total non-current financial liabilities	49.1%	86	58	56	65	62	59
Provisions, non-current	6.4%	9.2	8.71	6.29	6.11	9.1	8.56
Total non-current liabilities	31%	153	117	114	123	123	119
Borrowings, current	20.2%	102	85	65	59	51	38
Total current financial liabilities	13.4%	204	180	141	134	142	136
Provisions, current	1.7%	4.01	3.96	6.53	6.76	4	4.02
Total current liabilities	16%	218	188	151	143	149	143
Total liabilities	21.7%	371	305	265	267	272	262
Equity share capital	0%	22	22	22	22	22	22
Total equity	0.3%	641	639	642	640	643	639
Total equity and liabilities	7.1%	1,011	944	907	907	915	901

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-58.3%	5.17	11	7.2	19	11	19
Current investments	-2.1%	2.85	2.89	2.8	6.51	7.02	7
Loans, current	-6.5%	0.18	0.23	0.24	0.39	0.28	0.27
Total current financial assets	2.4%	212	207	213	227	191	207
Inventories	-2.1%	279	285	280	278	285	254
Current tax assets	-7.7%	13	14	11	12	10	11
Total current assets	1.2%	570	563	561	572	529	506
Property, plant and equipment	5.2%	853	811	832	843	813	825
Capital work-in-progress	-40%	28	46	16	9.86	30	10
Goodwill	0%	35	35	35	35	35	35
Non-current investments	0%	13	13	12	10	12	15
Loans, non-current	2.1%	0.06	0.04	0.05	0.07	0.1	0.15
Total non-current financial assets	0%	17	17	16	14	15	19
Total non-current assets	2.4%	950	928	914	909	898	897
Total assets	2.1%	1,521	1,490	1,476	1,481	1,428	1,403
Borrowings, non-current	5.1%	312	297	296	320	341	343
Total non-current financial liabilities	4.6%	317	303	302	326	347	348
Provisions, non-current	6.4%	9.2	8.71	6.29	6.11	9.1	8.55
Total non-current liabilities	6.1%	386	364	341	366	392	392
Borrowings, current	9.6%	230	210	182	188	159	129
Total current financial liabilities	10.4%	519	470	464	472	406	378
Provisions, current	0%	6.6	6.6	9.74	9.36	5.89	6.03
Total current liabilities	9.3%	556	509	494	509	441	409
Total liabilities	7.9%	942	873	835	874	833	801
Equity share capital	0%	22	22	22	22	22	22
Non controlling interest	-51.4%	8.29	16	26	1.69	1.24	3.63
Total equity	-6.3%	579	618	641	607	595	602
Total equity and liabilities	2.1%	1,521	1,490	1,476	1,481	1,428	1,403

Cash Flow for Kanoria Chemicals & Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	29.4%	12	9.5	9.13
Change in inventories	-187.3%	-3.54	-0.58	-7.91
Depreciation	0%	21	21	21
Dividend income	1%	0.02	0.01	0.02
Adjustments for interest income	25.7%	5.06	4.23	3.99
Net Cashflows from Operations	-7.1%	27	29	50
Income taxes paid (refund)	-92.9%	1.18	3.54	0.84
Net Cashflows From Operating Activities	4.2%	26	25	49
Proceeds from sales of PPE	-71.2%	6.19	19	0.3
Purchase of property, plant and equipment	23.3%	38	31	13
Purchase of investment property	-107.7%	0	14	0
Dividends received	1%	0.02	0.01	0.02
Interest received	-684.6%	0.24	1.13	0.18
Other inflows (outflows) of cash	86.2%	-1.49	-17.09	2.34
Net Cashflows From Investing Activities	22.8%	-32.56	-42.45	-9.89
Proceeds from borrowings	-34.6%	18	27	0
Repayments of borrowings	-	0	0	27
Dividends paid	-129.7%	0	4.37	0
Interest paid	35%	12	9.15	9.32
Net Cashflows from Financing Activities	-54.7%	6.89	14	-36.59
Net change in cash and cash eq.	77.9%	-0.01	-3.58	2.62

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	20%	43	36	27
Change in inventories	66.5%	-7.33	-23.87	-87.1
Depreciation	5.2%	62	59	57
Unrealised forex losses/gains	133.9%	6.02	-13.8	-10.57
Dividend income	1%	0.02	0.01	0.02
Adjustments for interest income	13.4%	0.29	0.18	0.39
Net Cashflows from Operations	39.3%	40	29	84
Income taxes paid (refund)	-43.3%	2.27	3.24	1.29
Net Cashflows From Operating Activities	48%	38	26	83
Proceeds from sales of PPE	-71%	6.51	20	0.84
Purchase of property, plant and equipment	42.9%	81	57	43
Dividends received	1%	0.02	0.01	0.02
Interest received	9.9%	0.27	0.19	0.53
Other inflows (outflows) of cash	91.7%	24	13	-1.64
Net Cashflows From Investing Activities	-97.7%	-50.35	-24.98	-43.11
Proceeds from issuing shares	-	53	0	0
Proceeds from borrowings	-106.1%	-0.88	32	0
Repayments of borrowings	-	0	0	30
Dividends paid	-129.7%	0	4.37	0
Interest paid	-103.6%	0	29	23
Income taxes paid (refund)	-	47	0	0
Net Cashflows from Financing Activities	333.9%	5.14	-0.77	-53.05
Net change in cash and cash eq.	-747.1%	-7.64	-0.02	-13.08

What does Kanoria Chemicals & Industries Ltd. do?

Commodity Chemicals•Chemicals•Small Cap

Kanoria Chemicals & Industries Limited engages in the manufacture and sale of chemical intermediates and specialties in India. It operates through Alco Chemicals and Solar Power segments. The company provides chemicals, such as acetaldehyde, di-pentaerythritol, formaldehyde, hexamine, pentaerythritol, phenolic resins, and sodium formate; and performance chemicals, including phenolic resins. It 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, the company operates a solar power plant with a generation capacity of 5 MW in Jodhpur district, Rajasthan; and manufactures and sells yarn and denim. It 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 Group:Chemicals & Petrochemicals

Employees:382

Website:www.kanoriachem.com

KANORICHEM - Kanoria Chemicals & Industries Ltd. Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Investor Care

Financial Health

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Kanoria Chemicals & Industries Ltd. do?