Kanani Industries share price, P/E, ROE & financials

Kanani Industries (KANANIIND) had a P/E of 12.7× on 6 Nov 2026, below the industry P/E of 19.6×, and the shares are 21% below their 52-week high. Sales fell 14% a year over 3 years while net profit grew 5.8%; its ROCE of 3.8% is the lowest among the 7 largest Luxury Goods peers. It carries very little debt. It is a small-cap company with a market cap of ₹30 Cr, ranked 65th of 82 Luxury Goods companies by market cap; the shares fell 18% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹1.57
Day high: ₹1.57
Day low: ₹1.50
Prev. close: ₹1.55
Volume: 1.4 L

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−18.0% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 12.7 vs industry 19.6.
GrowthSlow
Sales −13.7%, profit +5.8% a year over 3 years.
ProfitabilityWeak
ROCE 3.8% vs peer median 34.2%.
Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
Red flags3 to check
Return on equity is low at 3.8%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Luxury Goods

81 listed peers. Screen the industry

Small cap

₹30 Cr, #65 of 82 in its industry by size.

Defensive

Beta 0.25 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹154 Cr · profit ₹2 Cr

Market cap: ₹30 Cr; Small cap
P/E: 12.7; Industry 19.6
Price to book: 0.40; Peers 8.57
Dividend yield: 0.00%
ROE: 3.8%; Peers 29.3%
ROCE: 3.8%; Peers 34.2%
Debt to equity: 0.01; Debt ₹0.48 Cr
EPS (TTM): ₹0.12; Face value ₹1
OPM (TTM): 0.7%; Net margin 1.5%
Sales growth: −23.2%; Latest quarter vs a year ago
Profit growth: −113.6%; Latest quarter vs a year ago
Price to sales: 0.19; EV/EBITDA 27.1

Strengths

Practically debt-free.
P/E of 12.7 against an industry P/E of 19.6.

Risks to check

Return on equity is low at 3.8%.
Quarterly profit down 113.6% on a year ago.
Quarterly sales down 23.2% on a year ago.

Derived automatically from reported figures. Not a recommendation.

About Kanani Industries

Kanani Industries Limited manufactures and exports diamond studded jewellery in India. The company also offers labs grown polished diamonds and lab grown rough diamonds. 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.

Headquarters: Mumbai
Sector: Consumer Cyclical
ISIN: INE879E01037
Website: kananiindustries.com

Price range

52 weeks

₹1.02₹1.93

Today

₹1.50₹1.57

Avg volume (3M): 2.3 L
1-year return: minus 18.0%
From 52-week high: minus 21.2%

Peers · Luxury Goods

Compare with peers Screen the whole industry

Company
TITANTitan Company	5,000.00	plus 3.42%	4,43,656	63.1	24.30	38.4%	37.1%	11.6%	29.2%	16.0%	0.30%	plus 26.8%
KALYANKJILKalyan Jewellers India	590.75	plus 5.49%	61,010	42.6	9.66	26.7%	24.3%	6.7%	36.4%	46.1%	0.42%	plus 7.2%
LALITHAALalithaa Jewellery Mart	373.50	plus 0.50%	20,905	21.9	6.37	46.1%	41.6%	5.7%	23.4%	61.8%	0.00%	plus 50.3%
PCJEWELLERPC Jeweller	15.77	plus 1.35%	15,467	17.1	1.65	10.3%	10.8%	24.6%	10.7%	–	0.00%	plus 29.0%
SKYGOLDSKY GOLD AND DIAMONDS	951.95	plus 0.31%	14,743	37.3	10.49	35.9%	33.0%	7.5%	76.0%	145.4%	0.00%	plus 164.3%
THANGAMAYLThangamayil Jewellery	4,148.20	minus 4.32%	12,893	32.9	8.57	34.2%	29.3%	6.5%	39.2%	64.0%	0.43%	plus 42.6%
BLUESTONEBlueStone Jewellery and Lifestyle	710.85	minus 2.09%	10,867	102.6	5.92	7.7%	5.8%	17.0%	46.8%	–	0.00%	plus 2.0%
KANANIINDKanani Industries	1.52	minus 1.94%	30	12.7	0.40	3.8%	3.8%	0.7%	−13.7%	5.8%	0.00%	minus 18.0%
Median of 7 peers	–	0.50%	15,467	37.3	8.57	34.2%	29.3%	7.5%	36.4%	61.8%	0.00%	29.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
83.7	48.7	28.5	12.9	64.3
83.4	48.2	28.4	12.5	64.3
0.3	0.5	0.1	0.5	−0
0.4%	1.1%	0.3%	3.5%	0.0%
−0	1	0.3	−0	−0
0	0	0	0	0
0	0	0	0	0
0.3	1.5	0.4	0.5	−0
2.8%	8.4%	7.6%	−21.0%	−24.6%
0.3	1.4	0.4	0.5	−0
0.01	0.07	0.02	0.03	-0.00

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −13.7%
Profit CAGR 3Y: +5.8%
EPS CAGR 3Y: −16.1%
ROE: 3.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
270	223	168	174
–	minus 17.6%	minus 24.4%	+3.2%
267	222	168	172
3.3	0.6	0.3	1.4
1.2%	0.3%	0.2%	0.8%
−0.1	0.8	0.5	1.3
0.8	0.7	0	0
0.1	0	0	0
0	–	0	–
2.3	0.7	0.8	2.6
6.3%	7.8%	3.8%	2.6%
2.2	0.6	0.8	2.6
–	minus 71.6%	+26.1%	+230.8%
0.22	0.03	0.04	0.13

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
9.9	19.8	19.8	19.8
52.8	43.5	45.1	49.6
31.4	5.9	0	0.5
36.5	25.7	28.1	34.4
131	94.9	93	104
0.2	0.2	0.2	0.1
8.1	1.2	0.9	1.6
122	93.5	91.8	103
131	94.9	93	104

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−2	19.2	5.6	0.2
−0.2	0.1	0	–
5.6	−26.2	−5.9	0.4
3.5	−6.9	−0.2	0.6
−2	19.2	5.6	0.2

Shareholding pattern

Source: NSE filings

33.8%

promoters

Promoters33.79%
Public66.21%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	33.79%	66.21%	0.00
30 Jun 2026	33.79%	66.21%	0.00
31 Mar 2026	33.79%	66.21%	0.00
31 Dec 2025	33.79%	66.21%	0.00
30 Sep 2025	33.79%	66.21%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you