Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
| Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
|---|---|---|---|---|---|
| Count | 0 | 0 | 0 | 0 | 0 |
| % | 0 | 0 | 0 | 0 | 0 |
[Dilip Davda] KIL is engaged in manufacturing and dealing in plain and studded jewelleries. Its major operation is done on job work basis; thus, it depends on third party. Though it posted steady growth in its top lines for the reported periods, the sudden boost in bottom lines from FY24 onwards raises eyebrows. It is operating in a highly competitive and fragmented segment. There is no harm in skipping this pricey and “High Risk/Low Return” bet. Read detail review...
Kenrik Industries Limited peer comparison with similar listed entities. (As on March 28, 2024)
| Company Name | EPS (Basic) | EPS (Diluted) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|
| Kenrik Industries Limited | 1.18 | 1.18 | 8.42 | Restated | |
| Veerkrupa Jewellers Ltd | 0.31 | 0.31 | 4.06 | 1.83 | Consolidated |
| Motisons Jewellers Limited | 4.3 | 4.3 | 38.68 | 9.82 | Consolidated |
| Khazanchi Jewellers Ltd | 11.01 | 11.01 | 28.15 | 14.55 | Consolidated |
Source: The Company's Financial Figures are based on restated financial statements for the financial year ended on March 31st, 2024, unless provided otherwise. Regarding industry peers, all financial information mentioned above is presented on a consolidated basis (unless otherwise available only on a standalone basis) and sourced from the audited financial statements of the respective companies for the year ended March 31, 2024, unless otherwise specified.
Note:
Kenrik Industries IPO Reviews, analysis and views by popular members. Read Kenrik Industries Ltd. IPO reviews by retail investors to find recommended ipo to buy.
| Review By | Apply | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Count | 0 | 0 | 0 | 0 |
| % | 0.00 | 0.00 | 0.00 | 0.00 |
| Member | Review |
|---|---|
| No recommendation found. Be the first to post the recommendation. | |
Note:
RHP