---
title: "Kanel Industries Ltd (KANELIND) — Share Price, Financials & Analysis"
symbol: "500236"
company: "Kanel Industries Ltd"
canonical: "https://tapetide.com/stocks/500236"
bse_code: "500236"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-29T05:59:07.844Z"
---

# Kanel Industries Ltd (KANELIND)

Canonical page: https://tapetide.com/stocks/500236

Kanel Industries (KANELIND) share price was ₹76.24 at the 26 Oct 2026 close; sector Services. In the Dec 2025 quarter, revenue was under ₹1 Cr in both quarters and net profit was −₹0.09 Cr, against −₹0.02 Cr a year earlier (compared with Dec 2024). Promoters held 95.00% of Kanel Industries in Jan 2026, up 94.93 percentage points from Dec 2025.

## Company

- **BSE Code:** 500236
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2011-10-21
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** https://kanel.in/

## About

Incorporated in 1992, Kanel Industries Ltd is primarily engaged in bulk trading of castor seed oil, cottonseed oil, groundnut oil, sunflower oil, palmolein oil and soybean oil.

## Latest Price

- **Price:** ₹71
- **Change:** -1.99 (-2.73%)
- **Open:** ₹75
- **Day High:** ₹75
- **Day Low:** ₹71
- **Previous Close:** ₹72.99
- **Volume:** 366
- **As Of:** 2026-10-29T05:42:55+00:00

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Promoter holding has increased by 94.9% over last quarter.

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -86% | 11% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.04 | 0.01 | 0 | 0 | 0.25 | 0 | 0 | 0.01 | 0.04 | 0.07 | 0.32 | 0.09 |
| Operating Profit | -0.04 | -0.01 | 0 | 0 | -0.25 | 0 | 0 | -0.01 | -0.04 | -0.07 | -0.32 | -0.09 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0.03 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0.05 | 0 |
| Profit before tax | -0.05 | -0.02 | -0.01 | 0 | -0.26 | 0 | 0 | -0.01 | -0.04 | -0.07 | -0.34 | -0.09 |
| Tax % | 0 | 0 | 0 | — | 0 | — | — | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.04 | -0.01 | -0.01 | 0 | -0.25 | -0.01 | -0.01 | -0.02 | -0.04 | -0.07 | -0.34 | -0.09 |
| EPS in Rs | -0.02 | -0.01 | -0.01 | 0 | -0.14 | -0.01 | -0.01 | -0.01 | -0.03 | -0.04 | -0.22 | -0.06 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 66.14 | 61.72 | 41.9 | 0.04 | 0.08 | 0.05 | 0 | 0 | 0 | 0 |
| Expenses | 67.67 | 61.77 | 42.23 | 0.19 | 0.19 | 0.17 | 0.15 | 0.25 | 0.06 | 0.52 |
| Operating Profit | -1.53 | -0.05 | -0.33 | -0.15 | -0.11 | -0.12 | -0.15 | -0.25 | -0.06 | -0.52 |
| OPM % | -2.31 | -0.08 | -0.79 | -375 | -137.5 | -240 | — | — | — | — |
| Other Income | 0 | 0.04 | 0.02 | 0.01 | 0 | 0.16 | 0 | 0 | 0.01 | 0.04 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.08 | 0.08 | 0.08 | 0.07 | 0.06 | 0.02 | 0.02 | 0.02 | 0.01 | 0.06 |
| Profit before tax | -1.61 | -0.09 | -0.39 | -0.21 | -0.17 | 0.02 | -0.17 | -0.27 | -0.06 | -0.54 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -1.61 | -0.09 | -0.39 | -0.21 | -0.17 | 0.02 | -0.18 | -0.27 | -0.06 | -0.54 |
| EPS in Rs | -0.87 | -0.05 | -0.21 | -0.11 | -0.09 | 0.01 | -0.1 | -0.15 | -0.04 | -0.35 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 15.75 | 15.75 |
| Reserves | -24.48 | -24.57 | -24.96 | -25.17 | -25.35 | -25.33 | -25.51 | -25.78 | 0.16 | -0.26 |
| Borrowings | 8.24 | 8.45 | 9.38 | 9.56 | 9.63 | 10.67 | 10.61 | 10.67 | 0.35 | 0.11 |
| Other Liabilities | 7.26 | 3.57 | 14.67 | 10.48 | 9.3 | 1.75 | 1.79 | 1.97 | 0.1 | 0.12 |
| Total Liabilities | 9.43 | 5.86 | 17.5 | 13.28 | 11.99 | 5.5 | 5.3 | 5.27 | 16.36 | 15.72 |
| Fixed Assets | 0.94 | 0.87 | 0.79 | 0.72 | 0.62 | 0.6 | 0.57 | 0.55 | 16.32 | 15.5 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8.49 | 4.99 | 16.71 | 12.56 | 11.37 | 4.9 | 4.73 | 4.72 | 0.04 | 0.22 |
| Total Assets | 9.43 | 5.86 | 17.5 | 13.28 | 11.99 | 5.5 | 5.3 | 5.27 | 16.36 | 15.72 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.05 | -1.05 | -0.2 | -0.78 | -0.34 | -0.1 | -0.72 | -0.14 | -0.06 | -0.43 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0.03 | 0 | 0 | 0 | 0.1 |
| Cash from Financing Activity | 0.05 | 0.16 | 0.2 | 0.94 | 0.17 | 0.07 | 0.91 | -0.06 | 0.06 | 0.35 |
| Net Cash Flow | 0 | -0.9 | 0 | 0.16 | -0.17 | 0 | 0.2 | -0.2 | 0 | 0.02 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 61.69 | 27.15 | 8.16 | 29.18 | 22630 | 11315 | 0 | — | — | — |
| Inventory Days | 0.43 | 1.16 | 1.31 | 1.05 | 912.5 | 156.43 | 0 | — | — | — |
| Days Payable | 21.58 | 32.36 | 9.69 | 118.21 | 85410 | 42444.29 | — | — | — | — |
| Cash Conversion Cycle | 40.54 | -4.05 | -0.22 | -87.98 | -61867.5 | -30972.86 | 0 | — | — | — |
| Working Capital Days | -23.99 | -34.05 | -39.62 | -50.7 | -29838.75 | -15284.38 | -7592 | — | — | — |
| ROCE % | -5.4 | -55.52 | -4.04 | -15.23 | -7.46 | -5.83 | 0.62 | -4.68 | -7.93 | -0.72 |

## Shareholding Pattern

### Annual

| Category | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Jan 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 21.44% | 21.44% | 21.44% | 21.44% | 21.44% | 21.44% | 0.7% | 0.07% | 0.07% | 0.07% | 95% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.09% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 78.56% | 78.56% | 78.56% | 78.56% | 78.56% | 78.56% | 99.2% | 99.93% | 99.92% | 99.92% | 4.99% |
| Others | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 25849 | 25763 | 25754 | 25755 | 25719 | 25670 | 33476 | 32146 | 30949 | 30949 | 1191 |

### Quarterly

| Category | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Jan 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 95% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 99.93% | 99.93% | 99.93% | 99.92% | 99.91% | 99.93% | 99.92% | 99.92% | 99.92% | 99.92% | 99.93% | 4.99% |
| Others | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 31909 | 31671 | 31457 | 30949 | 31200 | 31074 | 30948 | 30949 | 30948 | 30846 | 30844 | 1191 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 7 / 0

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 74.29 | Buy |
| EMA (10) | 74.97 | Buy |
| SMA (20) | 74.77 | Buy |
| EMA (20) | 74.97 | Buy |
| SMA (50) | 75.58 | Buy |
| EMA (50) | 70.53 | Buy |
| SMA (100) | 53.59 | Buy |
| EMA (100) | 56.86 | Buy |
| SMA (200) | 27.54 | Buy |
| EMA (200) | 38.62 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.65 | Neutral |
| MACD (12,26,9) | 0.17 | Buy |
| Stochastic (14,3,3) | 63.92 | Neutral |
| ADX (14) | 24.4 | Neutral |
| Williams %R (14) | -33.81 | Neutral |
| ATR (14) | 4.9 | High Volatility |
| ROC (12) | 0.77 | Buy |
| Stoch RSI (14) | 72.56 | Neutral |
| UO (7,14,28) | 63.29 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-07-30 | [Board Meeting Outcome for Outcome Of Board Meeting Of Kanel Industries Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9233029-6c28-4f4e-b64d-08c34d296bdb.pdf) |
| 2026-07-25 | [Board Meeting Intimation for Intimation Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e8c83aa-0757-40a9-9b25-0066809d6afc.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09c63959-16a4-44d2-b122-830bdee9a1cf.pdf) |
| 2026-07-09 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d17584c-cec8-42b2-9a28-fca3f591a33b.pdf) |
| 2026-06-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d9e2001-03a0-446c-b033-365391873983.pdf) |
| 2026-06-08 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2beac5a2-8868-470d-a7b2-fe31c6a58e0b.pdf) |
| 2026-06-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=561c4bfa-de72-48b9-bb67-4281f1e65eed.pdf) |
| 2026-06-04 | [Board Meeting Outcome for Disclosures Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ("Listing Regulations").](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=191b7022-7fa7-451b-8409-8d56081598b9.pdf) |
| 2026-06-01 | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9df0fe45-2431-4f51-8b09-270bb4b77ea2.pdf) |
| 2026-05-20 | [Board Meeting Outcome for Approval Of Audited Standalone Financial Results Of The Company For The Quarter And Year Ended On 31St March, 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06666116-2d77-4325-a853-ab0643f5167b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0beaff33-f02d-4908-9128-c1ebffb7c56e.pdf) |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e93da234-4e6d-4674-ac9c-0b8f041d324c.pdf) |
| 2025 | [Financial Year 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0beaff33-f02d-4908-9128-c1ebffb7c56e.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75069e8f-e536-42a7-896d-726e9f6c0f44.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c483e0c9-ac4c-42f5-af26-8194d51bfa89.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de46ad2f-d9b5-46f7-828c-cfa233c4cacb.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6cff2a2b-0b6f-464a-8b76-f9166bcd5f28.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9052b29d-7b07-4a9c-9240-28d4723d7869.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/500236/76432500236.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/540729/72844540729.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-11-24 | Credit rating update — India Ratings |
| 2024-12-13 | Credit rating update — India Ratings |
| 2023-12-27 | Credit rating update — India Ratings |
| 2023-09-18 | Credit rating update — India Ratings |
| 2021-08-13 | Credit rating update — India Ratings |
| 2020-07-16 | Credit rating update — India Ratings |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-29T05:59:07.844Z.