Kanoria Chemicals & Industries Ltd (KANORICHEM) AI Stock Analysis

• Market Cap: ₹3.79B
• Dividend Yield: N/A
• Average Volume (3M): 1.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.53
• Revenue Growth: 10.07%
• EPS Growth: -34.76%
• Country: IN
• Employees: 382
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Chemicals
• EPS (TTM): -1.79
• Shares Outstanding: 43,693,333
• 10 Day Avg. Volume: 1,627
• 30 Day Avg. Volume: 1,695
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹86.00
• Price Target Upside: -0.83% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 43 Neutral
• Price Target: ₹86.00 ▼(-0.83% Downside)

Kanoria Chemicals & Industries Ltd's overall stock score is primarily influenced by its weak financial performance, marked by net losses and high leverage. Technical analysis indicates bearish momentum, while valuation concerns arise from a negative P/E ratio and lack of dividends. The absence of positive catalysts from earnings calls or corporate events leaves the stock with a moderate risk profile.

Kanoria Chemicals & Industries Ltd Business Overview & Revenue Model

Company Description

Kanoria Chemicals & Industries Ltd (KANORICHEM) is an Indian company engaged in the manufacturing and distribution of chemical products. The company operates in various sectors, including basic chemicals and specialty chemicals. Its core products include alcohol, formaldehyde, and derivatives, functioning as key inputs for industries such as textiles, pharmaceuticals, and resins.

How the Company Makes Money

Kanoria Chemicals & Industries Ltd generates revenue primarily through the production and sale of its chemical products. The company operates manufacturing facilities that produce a range of chemicals, which are then sold to various industries such as textiles, pharmaceuticals, automotive, and agriculture. Key revenue streams include the sale of formaldehyde, hexamine, phenolic resins, and other chemical derivatives. The company may also engage in strategic partnerships and collaborations to enhance its product offerings and expand its market reach. Additionally, fluctuations in raw material prices and foreign exchange rates can significantly impact the company's earnings.

Kanoria Chemicals & Industries Ltd Financial Statement Overview

Summary

Kanoria Chemicals & Industries Ltd faces financial challenges with fluctuating revenues, persistent net losses, and increasing debt levels. While there are signs of operational recovery, the company requires strategic management actions to enhance profitability, reduce leverage, and improve cash flows.

Income Statement

Kanoria Chemicals & Industries Ltd shows fluctuating revenue with a recent decline from 2023 to 2024, followed by a slight increase in 2025. The gross profit margin has improved, yet the company has been experiencing net losses in recent years, with net income turning negative. This indicates challenges in cost management and profitability. The EBIT margin has been volatile and negative in 2024, but improved slightly in 2025, suggesting some operational recovery.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, increasing from previous years, which indicates a rise in leverage. The equity ratio is relatively stable, showing a consistent level of equity financing. However, declining stockholders' equity and increased debt levels pose a risk to financial stability. Return on equity has turned negative recently due to net losses, affecting investor returns.

Cash Flow

Free cash flow has been negative, indicating the company is facing challenges generating cash after capital expenditures. The operating cash flow to net income ratio suggests a reliance on non-operating activities for cash generation, as net income remains negative. The company needs to improve cash generation to support operations and reduce financial strain.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	15.37B	14.55B	15.78B	13.69B	10.95B
Gross Profit	4.71B	1.63B	4.62B	3.86B	3.44B
EBITDA	313.70M	642.63M	826.90M	955.19M	1.01B
Net Income	-836.00M	-383.96M	-87.70M	68.26M	145.23M
Balance Sheet
Total Assets	14.98B	14.90B	14.81B	14.03B	13.62B
Cash, Cash Equivalents and Short-Term Investments	109.60M	161.00M	308.20M	314.68M	348.06M
Total Debt	5.95B	5.09B	5.10B	4.75B	4.93B
Total Liabilities	9.88B	8.73B	8.74B	8.01B	7.66B
Stockholders Equity	5.21B	6.01B	6.05B	5.98B	5.87B
Cash Flow
Free Cash Flow	-800.10M	-432.20M	-317.60M	402.19M	548.15M
Operating Cash Flow	202.80M	375.70M	257.20M	830.76M	824.60M
Investing Cash Flow	-648.70M	-503.50M	-249.80M	-431.08M	-118.15M
Financing Cash Flow	414.60M	51.40M	-7.60M	-530.48M	-749.09M

Kanoria Chemicals & Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 86.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KANORICHEM, the sentiment is Negative. The current price of 86.72 is below the 20-day moving average (MA) of 90.48, below the 50-day MA of 92.82, and below the 200-day MA of 99.97, indicating a bearish trend. The MACD of -1.27 indicates Positive momentum. The RSI at 39.55 is Neutral, neither overbought nor oversold. The STOCH value of 20.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:KANORICHEM.

Kanoria Chemicals & Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAHASTEEL	74 Outperform	₹5.50B	67.18		―	2.99%	45.21%
CENTEXT	72 Outperform	₹1.76B	17.88		―	―	―
OCCL	68 Neutral	₹1.88B	17.96		7.44%	-76.65%	-76.77%
LORDSCHLO	49 Neutral	₹5.04B	34.48		―	30.63%	―
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%
KANORICHEM	43 Neutral	₹3.79B	―		―	10.07%	-34.76%