Kanishk Steel Industries Ltd

BSE: KANSHST · Iron & Steel Products

52W Range₹40 ₹67

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Kanishk Steel Industries Ltd's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Kanishk Steel Industries Limited is a Chennai-based manufacturer specialising in TMT bars, structural steel, and wire rods for the construction and infrastructure sectors. The company operates integrated facilities including a rolling mill and a sponge iron plant, complemented by wind energy assets for power generation.

Business Model

The company generates revenue through the production and sale of steel products under the Kanishk brand to real estate developers and industrial fabricators. It also leverages captive wind energy generation to support its industrial manufacturing operations.

Growth Outlook

Growth is primarily driven by sustained demand from the infrastructure and construction sectors in South India. The company continues to focus on operational efficiency through its integrated manufacturing and power generation capabilities.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the cost of iron ore and coal can significantly impact the company's operating margins.
  • Cyclicality of Construction Sector. The company's performance is highly dependent on the health of the real estate and infrastructure industries, which are sensitive to economic cycles.
  • Regional Concentration. A significant reliance on the South Indian market exposes the company to localised economic downturns or regional supply chain disruptions.
  • Regulatory and Environmental Compliance. Steel manufacturing is subject to stringent environmental regulations that may necessitate capital expenditure for compliance.

Start your research today

Unlock AI insights, financials, peers and live data on Kanishk Steel Industries Ltd and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹407 Cr

TTM · standalone

+12.9%YoY

NET PROFIT

₹7 Cr

TTM · standalone

-41.9%YoY

EPS

₹2.36

TTM · standalone

-38.4%YoY

RETURN ON EQUITY

6.3%

TTM · standalone

-5.3 ppYoY

RETURN ON CAPITAL EMPLOYED

10.8%

TTM · standalone

-4.0 ppYoY

P/E

21.8x

Q4 FY26 · standalone

21.8 vs 14.2x5Y avg

EV/EBITDA

10.8x

Q4 FY26 · standalone

10.8 vs 10.0x5Y avg

EBITDA MARGIN

3.8%

TTM · standalone

-1.7 ppYoY

NET PROFIT MARGIN

1.1%

Q4 FY26 · standalone

-0.5 ppYoY

DEBT TO EQUITY

0.3x

Q4 FY26 · standalone

+0.02xYoY

Peers · Iron & Steel Products

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Kanishk Steel Industries LtdKANSHST
₹134 Cr20.0210.5112.9%3.8%6.3%10.8%+0.8%
Panchmahal SteelPANCHMAHQ
₹580 Cr99.7231.765.0%3.9%7.2%+13.9%
Modern MalleableMODMA
₹569 Cr29.4021.16189.2%18.2%11.8%15.1%
Azad India Mobility LimitedAZADIND
₹509 Cr3.3%-1.4%-1.3%-30.1%
SurajSURAJLTD
₹385 Cr46.4419.13-15.2%12.0%6.1%12.6%-32.1%
Shah MetacorpSHAH
₹369 Cr26.7125.4348.8%10.1%5.6%5.4%+12.3%

As of Q4 FY26

Financials