- Udyam number
- UDYAM-MH-19-0047323

About Kanani Industries Limited
Data last updated:
Kanani Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 22 March 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1983PLC029598. Its GSTIN is 27AAACI1339R1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 506184 and NSE: KANANIIND.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.79 Cr. It was formerly known as Imp Finance Limited. It is led by directors including Harshil Premjibhai Kanani (Managing Director) and Premjibhai Devajibhai Kanani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹173.79 Cr, a growth of 3.2% compared to the previous year. For the same year it recorded a net profit of ₹2.57 Cr (net margin 1.5%) and EBITDA of ₹1.37 Cr (EBITDA margin 0.8%). The net worth stands at ₹69.4 Cr (up 7% YoY). Total assets are valued at ₹69.88 Cr (up 7.7% YoY).
The company is associated with 1 brand: Kanani Industries. As per MCA filings, the company has satisfied charges of ₹29 Cr on record. The company has 62 deals on record (62 market trades); the latest was in April 2025. Its 6 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 3 smaller; the largest is Chandra Jewels Private Limited with revenue of ₹170.71 Cr.
Kanani Industries Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0047323). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kananiindustries.com.
Company details
Recognitions & Rankings of Kanani Industries
Contact details
Kanani Industries Limited's registered office is in Mumbai, Maharashtra. Its website is kananiindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDc – 6112 & Dc – 6113 D Tower Centre Wing 6th Floor, G – Block Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Kanani Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Kanani Industries operates one associated brand: Kanani Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gems and jewellery products are manufactured and exported internationally. | kananiindustries.com |
Business activity
The main business activity of Kanani Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Kanani Industries Limited, buy the company report.
Financials of Kanani Industries Limited
FY 2025-26 filings availableKanani Industries Limited reported revenue of ₹173.79 Cr (up 3.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 174 | 168 | 223 | 270 | 291 | 312 | 377 |
| Revenue growth | +3.2% | -24.4% | -17.6% | -7.0% | -6.7% | -17.3% | - |
| EBITDA | 1.37 | 0.33 | 0.56 | 3.26 | 1.79 | 0.96 | 3.30 |
| EBITDA margin | +0.8% | +0.2% | +0.3% | +1.2% | +0.6% | +0.3% | +0.9% |
| Profit before tax | 2.64 | 0.81 | 0.67 | 2.32 | 2.02 | 0.54 | 2.74 |
| Net profit | 2.57 | 0.76 | 0.62 | 2.17 | 0.76 | (0.38) | 1.94 |
| Net profit margin | +1.5% | +0.5% | +0.3% | +0.8% | +0.3% | -0.1% | +0.5% |
| EPS (₹) | 0.13 | 0.04 | 0.03 | 0.22 | 0.18 | 0.04 | 0.26 |
| Balance sheet | |||||||
| Total assets | 69.88 | 64.90 | 69.21 | 94.02 | 83.29 | 78.63 | 81.78 |
| Net worth | 69.40 | 64.85 | 63.26 | 62.66 | 58.80 | 56.45 | 56.50 |
| Total debt | 0.48 | 0.05 | 5.95 | 31.36 | 24.48 | 22.18 | 25.28 |
| Cash & bank | 1.56 | 0.95 | 1.16 | 8.06 | 4.58 | 4.16 | 4.26 |
| Net working capital | 69.69 | 64.72 | 68.96 | 93.76 | 82.92 | 78.29 | 81.34 |
| Cash flow | |||||||
| Cash from operations | 0.19 | 5.64 | 19.19 | (1.96) | (1.77) | 3.00 | 6.16 |
| Cash from investing | 0.00 | 0.05 | 0.11 | (0.17) | (0.11) | 0.00 | 0.00 |
| Cash from financing | 0.43 | (5.90) | (26.20) | 5.60 | 2.30 | (3.10) | (12.10) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75.35 | 64.29 | 12.91 | 28.47 | 48.72 | 83.69 | 33.71 | 20.87 |
| Revenue growth (YoY) | +54.7% | -23.2% | -61.7% | +36.4% | +2.9% | +25.8% | - | - |
| Other income | 1.80 | 0.00 | 0.00 | 0.34 | 0.97 | (0.01) | 0.01 | 0.33 |
| EBITDA | 0.16 | (0.03) | 0.46 | 0.09 | 0.52 | 0.30 | (0.26) | 0.42 |
| EBITDA margin | +0.2% | -0.0% | +3.6% | +0.3% | +1.1% | +0.4% | -0.8% | +2.0% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.96 | (0.03) | 0.46 | 0.43 | 1.49 | 0.29 | (0.26) | 0.74 |
| Tax | 0.25 | 0.01 | (0.09) | 0.03 | 0.12 | 0.01 | (0.01) | 0.03 |
| Net profit | 1.71 | (0.04) | 0.55 | 0.40 | 1.37 | 0.28 | (0.25) | 0.71 |
| EPS (₹) | 0.09 | 0.00 | 0.03 | 0.02 | 0.07 | 0.01 | (0.01) | 0.04 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 10.20 | 0.00 | 46.82 | 80.49 | 84.56 | 77.17 | 85.64 |
| Revenue growth | - | -100.0% | -41.8% | -4.8% | +9.6% | -9.9% | - |
| EBITDA | (0.93) | (0.42) | 0.10 | 1.55 | 0.88 | 0.92 | 1.20 |
| EBITDA margin | -9.1% | - | +0.2% | +1.9% | +1.0% | +1.2% | +1.4% |
| Profit before tax | 0.34 | 0.08 | 0.22 | 0.63 | 1.13 | 0.53 | 0.74 |
| Net profit | 0.29 | 0.05 | 0.18 | 0.50 | 0.94 | 0.45 | 0.58 |
| Net profit margin | +2.8% | - | +0.4% | +0.6% | +1.1% | +0.6% | +0.7% |
| EPS (₹) | 0.01 | 0.00 | 0.01 | 0.05 | 0.09 | 0.04 | 0.06 |
| Balance sheet | |||||||
| Total assets | 45.57 | 44.85 | 50.69 | 75.93 | 68.55 | 65.31 | 67.97 |
| Net worth | 45.10 | 44.80 | 44.75 | 44.57 | 44.06 | 43.13 | 42.69 |
| Total debt | 0.48 | 0.05 | 5.95 | 31.36 | 24.48 | 22.18 | 25.28 |
| Cash & bank | 0.01 | 0.02 | 0.01 | 4.12 | 4.15 | 4.03 | 3.77 |
| Net working capital | 24.09 | 23.36 | 29.15 | 54.36 | 46.87 | 43.65 | 46.22 |
| Cash flow | |||||||
| Cash from operations | (0.44) | 5.86 | 21.98 | (6.94) | (2.08) | 3.37 | (0.67) |
| Cash from investing | 0.00 | 0.05 | 0.11 | 0.03 | (0.11) | 0.00 | 0.00 |
| Cash from financing | 0.43 | (5.90) | (26.20) | 6.87 | 2.30 | (3.10) | (5.53) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.20 | 0.00 | 0.00 |
| Revenue growth (YoY) | - | -100.0% | - | - | - | - | - | - |
| Other income | 1.80 | 0.00 | 0.00 | 0.34 | 0.97 | (0.01) | 0.01 | 0.33 |
| Total expenses | 0.12 | 0.12 | 0.63 | 0.14 | 0.12 | 10.24 | 0.10 | 0.12 |
| EBITDA | (0.12) | (0.12) | (0.63) | (0.14) | (0.12) | (0.04) | (0.10) | (0.12) |
| EBITDA margin | - | - | - | - | - | -0.4% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.68 | (0.12) | (0.63) | 0.20 | 0.85 | (0.05) | (0.10) | 0.20 |
| Tax | 0.24 | 0.00 | (0.10) | 0.03 | 0.12 | 0.00 | (0.02) | 0.03 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75.35 | 64.29 | 12.91 | 28.47 | 48.72 | 83.69 | 33.71 | 20.87 |
| Revenue growth (YoY) | +54.7% | -23.2% | -61.7% | +36.4% | +2.9% | +25.8% | - | - |
| Other income | 1.80 | 0.00 | 0.00 | 0.34 | 0.97 | (0.01) | 0.01 | 0.33 |
| EBITDA | 0.16 | (0.03) | 0.46 | 0.09 | 0.52 | 0.30 | (0.26) | 0.42 |
| EBITDA margin | +0.2% | -0.0% | +3.6% | +0.3% | +1.1% | +0.4% | -0.8% | +2.0% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.96 | (0.03) | 0.46 | 0.43 | 1.49 | 0.29 | (0.26) | 0.74 |
| Tax | 0.25 | 0.01 | (0.09) | 0.03 | 0.12 | 0.01 | (0.01) | 0.03 |
| Net profit | 1.71 | (0.04) | 0.55 | 0.40 | 1.37 | 0.28 | (0.25) | 0.71 |
| EPS (₹) | 0.09 | 0.00 | 0.03 | 0.02 | 0.07 | 0.01 | (0.01) | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 174 | 168 | 223 | 270 | 291 | 312 | 377 |
| Revenue growth | +3.2% | -24.4% | -17.6% | -7.0% | -6.7% | -17.3% | - |
| Other income | 1.29 | 0.52 | 0.93 | 0.12 | 1.17 | 0.91 | 0.66 |
| Total expenses | 172 | 168 | 222 | 267 | 289 | 311 | 373 |
| Employee cost | 0.00 | 0.77 | 1.00 | 1.08 | 1.03 | 1.00 | 0.99 |
| EBITDA | 1.37 | 0.33 | 0.56 | 3.26 | 1.79 | 0.96 | 3.30 |
| EBITDA margin | +0.8% | +0.2% | +0.3% | +1.2% | +0.6% | +0.3% | +0.9% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.07 | 0.09 | 0.09 | 0.14 |
| Interest | 0.00 | 0.02 | 0.80 | 0.99 | 0.85 | 1.24 | 1.08 |
| Profit before tax | 2.64 | 0.81 | 0.67 | 2.32 | 2.02 | 0.54 | 2.74 |
| Tax | 0.07 | 0.03 | 0.05 | 0.15 | 0.21 | 0.11 | 0.18 |
| Net profit | 2.57 | 0.76 | 0.62 | 2.17 | 0.76 | (0.38) | 1.94 |
| Net profit margin | +1.5% | +0.5% | +0.3% | +0.8% | +0.3% | -0.1% | +0.5% |
| EPS (₹) | 0.13 | 0.04 | 0.03 | 0.22 | 0.18 | 0.04 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.79 | 19.79 | 19.79 | 9.89 | 9.89 | 9.89 | 9.89 |
| Reserves & surplus | 49.61 | 45.06 | 43.47 | 52.77 | 48.91 | 46.56 | 46.61 |
| Shareholders' funds (net worth) | 69.40 | 64.85 | 63.26 | 62.66 | 58.80 | 56.45 | 56.50 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 21.27 | 23.89 | 20.00 | 20.89 |
| Unsecured loans | 0.48 | 0.05 | 5.95 | 10.09 | 0.59 | 2.18 | 4.39 |
| Total debt | 0.48 | 0.05 | 5.95 | 31.36 | 24.48 | 22.18 | 25.28 |
| Total liabilities | 69.88 | 64.90 | 69.21 | 94.02 | 83.29 | 78.63 | 81.78 |
| Assets | |||||||
| Gross block | 1.95 | 1.95 | 1.97 | 1.95 | 2.00 | 1.91 | 1.91 |
| Net block | 0.15 | 0.17 | 0.22 | 0.24 | 0.34 | 0.33 | 0.42 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 16.49 | 19.88 | 17.20 | 26.03 | 33.05 | 18.79 | 30.72 |
| Sundry debtors | 85.45 | 70.97 | 75.37 | 94.92 | 102 | 109 | 119 |
| Cash & bank balances | 1.56 | 0.95 | 1.16 | 8.06 | 4.58 | 4.16 | 4.26 |
| Loans & advances | 0.57 | 0.98 | 0.93 | 1.24 | 1.04 | 0.87 | 0.38 |
| Total current assets | 104 | 92.78 | 94.66 | 130 | 141 | 133 | 154 |
| Total current liabilities | 34.38 | 28.06 | 25.70 | 36.49 | 57.72 | 54.85 | 73.07 |
| Net working capital | 69.69 | 64.72 | 68.96 | 93.76 | 82.92 | 78.29 | 81.34 |
| Total assets | 69.88 | 64.90 | 69.21 | 94.02 | 83.29 | 78.63 | 81.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.95 | 1.16 | 8.06 | 4.58 | 4.16 | 4.26 | 10.19 |
| Net cash from operating activities | 0.19 | 5.64 | 19.19 | (1.96) | (1.77) | 3.00 | 6.16 |
| Net cash from investing activities | 0.00 | 0.05 | 0.11 | (0.17) | (0.11) | 0.00 | 0.00 |
| Net cash from financing activities | 0.43 | (5.90) | (26.20) | 5.60 | 2.30 | (3.10) | (12.10) |
| Net change in cash | 0.62 | (0.22) | (6.90) | 3.48 | 0.42 | (0.10) | (5.93) |
| Closing cash | 1.56 | 0.95 | 1.16 | 8.06 | 4.58 | 4.16 | 4.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.2% | -24.4% | -17.6% | -7.0% | -6.7% | -17.3% | - |
| EBITDA growth | +315.2% | -41.1% | -82.8% | +82.1% | +86.5% | -70.9% | - |
| PBT growth | +225.9% | +20.9% | -71.1% | +14.9% | +274.1% | -80.3% | +18.1% |
| Net income growth | +238.2% | +22.6% | -71.4% | +185.5% | +300.0% | -119.6% | - |
| Revenue CAGR (3Y) | -13.7% | -16.6% | -10.6% | -10.4% | -5.5% | -6.9% | -5.2% |
| EBITDA CAGR (3Y) | -24.7% | -43.1% | -16.5% | -0.4% | -21.9% | -2.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +1.5% | +0.5% | +0.3% | +0.8% | +0.6% | +0.1% | +0.7% |
| Return on capital employed | +4.0% | +1.2% | +1.8% | +3.7% | +2.1% | +1.1% | +3.7% |
| Return on net worth | +3.8% | +1.2% | +1.0% | +3.6% | +1.3% | -0.7% | +3.6% |
| Debt / equity | 0.00 | 0.05 | 0.30 | 0.46 | 0.40 | 0.42 | 0.57 |
| Long-term debt / equity | 0.00 | 0.05 | 0.13 | 0.09 | 0.02 | 0.06 | 0.09 |
| Interest cover | 1.46 | 6.45 | 148.15 | 31.03 | 50.00 | 142.53 | 34.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 89.12 | 85.95 | 113.68 | 136.96 | 148.71 | 189.41 | 197.15 |
| Inventory turnover | 9.56 | 9.09 | 10.31 | 9.16 | 11.22 | 12.59 | 12.32 |
| Debtors turnover | 2.22 | 2.30 | 2.62 | 2.75 | 2.75 | 2.73 | 3.31 |
| EPS (₹) | 0.13 | 0.04 | 0.03 | 0.22 | 0.18 | 0.04 | 0.26 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 3.51 | 3.28 | 3.20 | 6.33 | 5.94 | 5.71 | 5.71 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.20 | 0.00 | 0.00 |
| Revenue growth (YoY) | - | -100.0% | - | - | - | - | - | - |
| Other income | 1.80 | 0.00 | 0.00 | 0.34 | 0.97 | (0.01) | 0.01 | 0.33 |
| Total expenses | 0.12 | 0.12 | 0.63 | 0.14 | 0.12 | 10.24 | 0.10 | 0.12 |
| EBITDA | (0.12) | (0.12) | (0.63) | (0.14) | (0.12) | (0.04) | (0.10) | (0.12) |
| EBITDA margin | - | - | - | - | - | -0.4% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.68 | (0.12) | (0.63) | 0.20 | 0.85 | (0.05) | (0.10) | 0.20 |
| Tax | 0.24 | 0.00 | (0.10) | 0.03 | 0.12 | 0.00 | (0.02) | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 10.20 | 0.00 | 46.82 | 80.49 | 84.56 | 77.17 | 85.64 |
| Revenue growth | - | -100.0% | -41.8% | -4.8% | +9.6% | -9.9% | - |
| Other income | 1.29 | 0.52 | 0.93 | 0.12 | 1.17 | 0.91 | 0.66 |
| Total expenses | 11.13 | 0.42 | 46.72 | 78.94 | 83.68 | 76.25 | 84.44 |
| Employee cost | 0.00 | 0.17 | 0.42 | 0.52 | 0.50 | 0.47 | 0.48 |
| EBITDA | (0.93) | (0.42) | 0.10 | 1.55 | 0.88 | 0.92 | 1.20 |
| EBITDA margin | -9.1% | - | +0.2% | +1.9% | +1.0% | +1.2% | +1.4% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.07 | 0.09 | 0.09 | 0.14 |
| Interest | 0.00 | 0.00 | 0.79 | 0.97 | 0.83 | 1.21 | 0.98 |
| Profit before tax | 0.34 | 0.08 | 0.22 | 0.63 | 1.13 | 0.53 | 0.74 |
| Tax | 0.05 | 0.01 | 0.04 | 0.13 | 0.19 | 0.08 | 0.16 |
| Net profit | 0.29 | 0.05 | 0.18 | 0.50 | 0.94 | 0.45 | 0.58 |
| Net profit margin | +2.8% | - | +0.4% | +0.6% | +1.1% | +0.6% | +0.7% |
| EPS (₹) | 0.01 | 0.00 | 0.01 | 0.05 | 0.09 | 0.04 | 0.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.79 | 19.79 | 19.79 | 9.89 | 9.89 | 9.89 | 9.89 |
| Reserves & surplus | 25.31 | 25.01 | 24.96 | 34.68 | 34.17 | 33.24 | 32.80 |
| Shareholders' funds (net worth) | 45.10 | 44.80 | 44.75 | 44.57 | 44.06 | 43.13 | 42.69 |
| Secured loans | 0.00 | 0.00 | 0.00 | 21.27 | 23.89 | 20.00 | 20.89 |
| Unsecured loans | 0.48 | 0.05 | 5.95 | 10.09 | 0.59 | 2.18 | 4.39 |
| Total debt | 0.48 | 0.05 | 5.95 | 31.36 | 24.48 | 22.18 | 25.28 |
| Total liabilities | 45.57 | 44.85 | 50.69 | 75.93 | 68.55 | 65.31 | 67.97 |
| Assets | |||||||
| Gross block | 1.95 | 1.95 | 1.97 | 1.95 | 2.00 | 1.91 | 1.91 |
| Net block | 0.15 | 0.17 | 0.22 | 0.24 | 0.34 | 0.33 | 0.42 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 21.34 | 21.34 | 21.34 | 21.34 | 21.34 | 21.34 | 21.34 |
| Inventories | 0.01 | 0.01 | 0.01 | 12.72 | 12.50 | 4.48 | 13.93 |
| Sundry debtors | 35.24 | 33.54 | 40.18 | 50.33 | 52.51 | 55.40 | 52.30 |
| Cash & bank balances | 0.01 | 0.02 | 0.01 | 4.12 | 4.15 | 4.03 | 3.77 |
| Loans & advances | 0.57 | 0.98 | 0.93 | 1.24 | 1.04 | 0.87 | 0.38 |
| Total current assets | 35.83 | 34.55 | 41.13 | 68.41 | 70.20 | 64.78 | 70.38 |
| Total current liabilities | 11.74 | 11.19 | 11.98 | 14.05 | 23.33 | 21.13 | 24.16 |
| Net working capital | 24.09 | 23.36 | 29.15 | 54.36 | 46.87 | 43.65 | 46.22 |
| Total assets | 45.57 | 44.85 | 50.69 | 75.93 | 68.55 | 65.31 | 67.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 0.01 | 4.12 | 4.15 | 4.03 | 3.77 | 9.97 |
| Net cash from operating activities | (0.44) | 5.86 | 21.98 | (6.94) | (2.08) | 3.37 | (0.67) |
| Net cash from investing activities | 0.00 | 0.05 | 0.11 | 0.03 | (0.11) | 0.00 | 0.00 |
| Net cash from financing activities | 0.43 | (5.90) | (26.20) | 6.87 | 2.30 | (3.10) | (5.53) |
| Net change in cash | (0.01) | 0.01 | (4.11) | (0.03) | 0.12 | 0.26 | (6.20) |
| Closing cash | 0.01 | 0.02 | 0.01 | 4.12 | 4.15 | 4.03 | 3.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | -100.0% | -41.8% | -4.8% | +9.6% | -9.9% | - |
| EBITDA growth | -121.4% | -520.0% | -93.6% | +76.1% | -4.4% | -23.3% | - |
| PBT growth | +325.0% | -63.6% | -65.1% | -44.3% | +113.2% | -28.4% | +4.2% |
| Net income growth | +480.0% | -72.2% | -64.0% | -46.8% | +108.9% | -22.4% | - |
| Revenue CAGR (3Y) | -49.8% | -100.0% | -15.3% | -2.1% | +0.6% | -0.9% | +2.9% |
| EBITDA CAGR (3Y) | - | - | -52.3% | +8.9% | -22.8% | +34.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +2.8% | - | +0.4% | +0.6% | +1.1% | +0.6% | +0.7% |
| Return on capital employed | +0.8% | +0.1% | +1.6% | +2.2% | +2.9% | +2.6% | +2.4% |
| Return on net worth | +0.7% | +0.1% | +0.4% | +1.1% | +2.1% | +1.0% | +1.4% |
| Debt / equity | 0.01 | 0.07 | 0.42 | 0.63 | 0.54 | 0.56 | 0.67 |
| Long-term debt / equity | 0.01 | 0.07 | 0.18 | 0.12 | 0.03 | 0.08 | 0.12 |
| Interest cover | -1.06 | 0.00 | 987.50 | 65.54 | 105.06 | 145.78 | 92.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.23 | 0.00 | 23.89 | 40.75 | 43.25 | 46.49 | 60.74 |
| Inventory turnover | 1,020.00 | 0.00 | 7.36 | 6.38 | 9.96 | 8.38 | 6.56 |
| Debtors turnover | 0.30 | 0.00 | 1.03 | 1.57 | 1.57 | 1.43 | 1.72 |
| EPS (₹) | 0.01 | 0.00 | 0.01 | 0.05 | 0.09 | 0.04 | 0.06 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 2.28 | 2.26 | 2.26 | 4.51 | 4.45 | 4.36 | 4.26 |
To see the full year-wise statements and ratios of Kanani Industries Limited, buy the company report.
Board of directors of Kanani Industries Limited
Kanani Industries has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshil Premjibhai Kanani | Managing Director | 28 Jul 2007 | 19 Years 3 Months | Current |
| Premjibhai Devajibhai Kanani Also directs: Kanani Polyfab Private Limited | Whole-Time Director | 17 May 2007 | 19 Years 5 Months | Current |
| Tejas Morlidhar Choksi Also directs: Pushti Jewels Private Limited | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Darsh Lavjibhai Kanani | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Shiwaginee Jaiswal Also directs: Shalimar Productions Limited | Director | 12 Aug 2024 | 2 Years 3 Months | Current |
| Satyam Jaiswal Also directs: Thirani Projects Ltd. | Director | 12 Aug 2024 | 2 Years 3 Months | Current |
Peer comparison
Kanani Industries Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanani Industries Limitedthis company | ₹173.79 Cr (FY 2026) | ₹2.57 Cr | 1.5% | 3.2% | Mumbai, Maharashtra, India | |
| Chandra Jewels Private Limited | ₹170.71 Cr (FY 2025) | 170.0% | Mumbai, Maharashtra, India | |||
| Dashrath Gold Art Private Limited | ₹170.07 Cr (FY 2025) | 112.0% | Rajkot, Gujarat, India | |||
| Dirgh Diamond Private Limited | ₹169.45 Cr (FY 2023) | -1.0% | Mumbai, Maharashtra, India | |||
| Radium Creation Private Limited | ₹168.45 Cr (FY 2025) | 17.0% | Navi Mumbai, Maharashtra, India | |||
| Maitri Lab-Grown Diamonds Private Limited | ₹167.8 Cr (FY 2025) | 114.0% | Mumbai, Maharashtra, India | |||
| V-Verma Jewellers Private Limited | ₹167.69 Cr (FY 2025) | 65.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kanani Industries Limited, buy the company report.
Auditor
Kanani Industries Limited is audited by JMMK & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JMMK & CO. | FY 2025 | 120459W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 33.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 66.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 33.80% | 33.80% | 33.80% | 33.80% |
| Public | 66.20% | 66.20% | 66.20% | 66.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2014 | 10521963 | Standard Chartered Bank | ₹7.5 Cr | Satisfied | |
| 08 Dec 2008 | 10133160 | Others | ₹20 Cr | Satisfied | |
| 19 Sep 1995 | 80048877 | Development Credit Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Kanani Industries Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Kanani Industries Limited has 62 deals on record (62 market trades); the latest was in April 2025.
Deals on record (5 of 62)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Market trade | ₹28.1 Lakh | Seller: Thunderstrike Quant Research LLP |
| Jun 2024 | Market trade | ₹3.66 Cr | Buyer: Share India Securities Limited, Rakesh Kumar Uppal And Sons Huf, Thunderstrike Quant Research LLP Seller: Share India Securities Limited, Rakesh Kumar Uppal And Sons Huf, 2 individuals |
| Feb 2024 | Market trade | ₹78 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited |
| Feb 2024 | Market trade | ₹1 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited |
| Jan 2024 | Market trade | ₹1.22 Cr | Buyer: Citadel Securities India Markets Private Limited Seller: Citadel Securities India Markets Private Limited , an individual |
To see the full deal history of Kanani Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kanani Industries Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Kanani Industries Limited was last rated by Icra on 09 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 09 Dec 2021 |
To see the full credit ratings and regulatory alerts of Kanani Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kanani Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanani Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1339R1Z7 | Maharashtra | Active | 08 Aug 2017 |
| 24AAACI1339R1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kanani Industries Limited, buy the company report.
Recent activity
Kanani Industries Limited has 37 board changes on record since 2006: 21 appointments and 16 cessations. The latest: Ami Dhaval Jariwala ceased to be Director on 12 Aug 2024.
36 earlier events are in the company report.
News
Frequently asked questions
Kanani Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 22 March 1983 (43+ years old) and is registered under CIN L51900MH1983PLC029598. Listed on BSE: 506184 and NSE: KANANIIND.
Kanani Industries reported revenue of ₹173.79 Cr for FY 2025-26 (up 3.2% YoY) based on consolidated financials.
Kanani Industries has 6 current directors:
- Harshil Premjibhai Kanani - Managing Director
- Premjibhai Devajibhai Kanani - Whole-Time Director
- Tejas Morlidhar Choksi - Director
- Darsh Lavjibhai Kanani - Director
- Shiwaginee Jaiswal - Director
- Satyam Jaiswal - Director
The latest financial statements of Kanani Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kanani Industries is 27AAACI1339R1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACI1339R1ZD (Gujarat).
The CIN (Corporate Identification Number) of Kanani Industries is L51900MH1983PLC029598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kanani Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 506184) and NSE (symbol: KANANIIND).
Kanani Industries was incorporated on 22 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Kanani Industries has 62 deals on record (62 market trades); the latest was in April 2025.
The peers of Kanani Industries by revenue are Chandra Jewels Private Limited, Dashrath Gold Art Private Limited, Dirgh Diamond Private Limited, Radium Creation Private Limited, Maitri Lab-Grown Diamonds Private Limited and 1 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Ami Dhaval Jariwala ceased to be Director on 12 Aug 2024. Satyam Jaiswal was appointed as Director on 12 Aug 2024. Shiwaginee Jaiswal was appointed as Director on 12 Aug 2024. Kanani Industries has 37 board changes on record in total.

