Kanel Industries (BSE: KANELIND) is loss-making over the last 12 months, losing ₹0.49 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹86.06. The company has almost no debt. It is a small-cap company with a market cap of ₹136 Cr, ranked 75th of 127 Packaged Foods companies by market cap; the shares rose 155% over the past year.
- ₹86.06
- ₹86.06
- ₹86.06
- ₹81.97
- 691
Health check
- ReturnsAhead
+155.0% over a year, better than 7 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityNegative
ROCE -3.1% vs peer median 15.3%.
- Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
- Red flags2 to check
Loss-making over the last twelve months.
Small cap
High beta
Key metrics
- Market cap
- ₹136 Cr
- Small cap
- P/E
- n/a
- Industry 19.5
- Price to book
- 8.65
- Peers 8.88
- Dividend yield
- 0.00%
- ROE
- −3.1%
- Peers 14.8%
- ROCE
- −3.1%
- Peers 15.3%
- Debt to equity
- 0.01
- Debt ₹0.16 Cr
- EPS (TTM)
- −₹0.27
- OPM (TTM)
- −14366.7%
- Net margin 0.0%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- −338861.25
- EV/EBITDA −561.3
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −3.1%.
About Kanel Industries
Kanel Industries Limited does not have significant operations. Previously, it was involved in trading of edible and non-edible oils. The company was incorporated in 1992 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Sector
- Consumer Defensive
- ISIN
- INE252C01023
- Website
- kanel.in
Price range
- Avg volume (3M)
- 3.1K
- 1-year return
- plus 155.0%
- From 52-week high
- minus 6.5%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| KANELINDKanel Industries | 86.06 | plus 4.99% | 136 | – | 8.65 | −3.1% | −3.1% | −14366.7% | – | – | 0.00% | plus 155.0% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| −0.1 | −0.3 | −0.1 | 0.1 | −0.1 | |
| 0 | 0 | 0 | 0.1 | 0 | |
| – | 0.1 | – | 0.1 | 0 | |
| – | – | – | −0.1 | – | |
| −0.1 | −0.3 | −0.1 | 0 | −0.1 | |
| −0.1 | −0.3 | −0.1 | 0 | −0.1 | |
| -0.05 | -0.18 | -0.06 | 0.02 | -0.05 |
Profit & loss
- ROE
- −3.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.1 | −0.3 | −0.1 | −0.3 | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0.1 | |
| −0 | 0 | – | −0.1 | |
| −0.2 | −0.3 | −0.1 | −0.5 | |
| −0.2 | −0.3 | −0.1 | −0.5 | |
| -1.43 | -2.14 | -0.03 | -0.30 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18.4 | 18.4 | 15.8 | 15.8 | |
| −25.5 | −25.8 | 0.2 | −0.3 | |
| 10.6 | 10.6 | 0.4 | 0.2 | |
| 1.8 | 2 | 0.1 | 0.1 | |
| 5.3 | 5.3 | 16.4 | 15.7 | |
| 0.6 | 0.6 | 16.3 | 15.4 | |
| 0 | 0 | – | – | |
| 0 | 0 | 0 | 0 | |
| 4.7 | 4.7 | 0 | 0.2 | |
| 5.3 | 5.3 | 16.4 | 15.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.1 | −0.1 | −0.4 | −0.3 | |
| – | −0 | 0.1 | 0.6 | |
| −0.1 | 0.1 | 0.4 | −0.4 | |
| −0.2 | 0 | 0 | −0 | |
| – | −0 | – | – | |
| −0.1 | −0.1 | −0.4 | −0.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.