KANOHAR share price, P/E, ROE & financials

As of 6 Nov 2026, Kanohar Electricals trades at 42.5× trailing earnings, above the industry P/E of 30.0×, and the shares are 18% below their 52-week high. Its ROCE of 45% is the highest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 29% and 98% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹7,858 Cr, ranked 21st of 97 Electrical Equipment & Parts companies by market cap; the shares rose 36% over the past year.

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

past year

Open: ₹961.20
Day high: ₹1,017.45
Day low: ₹961.20
Prev. close: ₹1,022.50
Volume: 24.3 L

Health check

5 good · 1 to check

ReturnsAhead
+36.1% over a year, better than 5 of 7 peers.
Price tagPricier
P/E 42.5 vs industry 30.0.
GrowthStrong
Sales +29.1%, profit +97.6% a year over 3 years.
ProfitabilityStrong
ROCE 45.2% vs peer median 22.1%.
Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
Red flagsNone found
No warning signs in the headline numbers.

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

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹7,858 Cr, #21 of 97 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹834 Cr · profit ₹180 Cr

Market cap: ₹7,858 Cr; Small cap
P/E: 42.5; Industry 30.0
Price to book: 10.13; Peers 7.24
Dividend yield: 0.00%
ROE: 42.1%; Peers 18.0%
ROCE: 45.2%; Peers 22.1%
Debt to equity: 0.04; Debt ₹28 Cr
EPS (TTM): ₹23.34; Face value ₹2
OPM (TTM): 30.2%; Net margin 21.6%
Sales growth: +112.4%; Latest quarter vs a year ago
Profit growth: +179.5%; Latest quarter vs a year ago
Price to sales: 9.42; EV/EBITDA 28.2

Strengths

Return on equity of 42.1%.
Return on capital employed of 45.2%.
Practically debt-free.
Quarterly profit up 179.5% on a year ago.
Quarterly sales up 112.4% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Kanohar Electricals

Kanohar Electricals Limited engages in the transformer manufacturing business for industries including power transmission, railways, renewable energy, and power distribution in India. The company operates through two segments; transformer manufacturing business; and Engineering, Procurement, and Construction Business. It manufactures transformers across various capacities ranging from 132 kV to 400 kV. The company's products include power transformers,…

Headquarters: Meerut
Sector: Industrials
ISIN: INE877D01025
Website: kanohar.com

Price range

52 weeks

₹685.10₹1,207.70

Today

₹961.20₹1,017.45

Avg volume (3M): 69 L
1-year return: plus 36.1%
From 52-week high: minus 17.8%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
KANOHARKanohar Electricals	992.35	minus 2.95%	7,858	42.5	43.2	45.2%	34.7%	0.04	29.1%	plus 36.1%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Jun 26	Sep 26
67.4	98.2	137	209
–	–	+103.5%	+112.4%
52	70.9	98.3	136
15.4	27.4	38.8	73.1
22.8%	27.9%	28.3%	35.0%
3.3	1.8	1.9	2.6
2.3	2.4	3.2	2.7
0.7	0.8	0.6	0.7
15.7	25.9	36.8	72.3
27.4%	25.7%	25.8%	25.5%
11.4	19.3	27.3	53.9
–	–	+140.0%	+179.5%
1.44	2.43	3.45	7.14

Dec 25, Mar 26 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +29.1%
Profit CAGR 3Y: +97.6%
EPS CAGR 3Y: +97.6%
ROE: 42.1%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
303	276	450	653
–	minus 8.9%	+62.9%	+45.2%
275	245	356	472
28.8	31.7	93.7	181
9.5%	11.5%	20.8%	27.8%
−0.3	1	2	2.2
2	3.7	5	6.9
2.9	3.2	2.9	3
0.1	0.1	0	−0.3
23.7	25.9	87.8	174
29.0%	31.4%	25.8%	25.3%
16.8	17.8	65.1	130
–	+5.6%	+266.8%	+99.2%
2.12	2.24	8.22	16.38

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
4	4	4	14.9
156	174	239	358
24.6	42.7	32.6	39
100	102	156	202
285	323	432	614
25.7	24.5	32.4	45
0	0	2.2	14.3
17.2	1.1	52.4	48.5
242	297	345	506
285	323	432	614

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−23.1	−16.3	79.4	25.8
−4.6	−13	−61.5	−21.9
6.4	12.1	−17.7	−4.1
−21.3	−17.2	0.2	−0.3
−2.8	−2	−10.2	−14.8
−25.9	−18.3	69.2	11

Shareholding pattern

Source: NSE filings

74.7%

promoters

Promoters74.65%
Public25.35%
As of 30 Sep 2026

Quarter	Split	Promoters	Public	Promoter change
30 Sep 2026		74.65%	25.35%	0.00
15 Sep 2026		74.65%	25.35%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you