Kanani Industries Limited is a leading manufacturer and exporter of diamond-studded jewelry, specializing in high-quality, innovative designs for global markets. The company has established itself as a trusted name in the gems and jewelry industry, catering to clients worldwide with a focus on craftsmanship and precision. As of December 24, 2024, the Kanani Industries share price on the NSE is ₹2.69. Below are the projected Kanani Industries share price target for the years 2025, 2026, 2027, 2030, 2035 And 2040.
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Kanani Industries Ltd Company Overview
Incorporated in 1983 and headquartered in Mumbai, India, Kanani Industries operates state-of-the-art manufacturing facilities that produce a wide range of diamond-studded jewelry, including rings, earrings, necklaces, and bracelets. The company is known for blending traditional artistry with modern technology, ensuring each piece reflects exceptional quality and design. Kanani Industries exports its jewelry to international markets, including the United States, Europe, and the Middle East, earning a strong reputation for its reliability and customer satisfaction.
| Company type | Public |
| Traded as | BSE: 506184 NSE: KANANIIND |
| ISIN | INE879E01037 |
| Industry | Diamond, Gems and Jewellery |
| Founded | March 22, 1983; 41 years ago |
| Founders | Premjibhai D. Kanani Vinubhai L. Kanani |
| Headquarters | Mumbai, Maharashtra, India |
| Key people | Harshil Kanani(MD & ED) |
| Products | Rings, Necklaces, Earrings, Bracelets, Pendants |
| Revenue | ₹189 Cr (2024) |
| Operating income | ₹0 Cr (2024) |
| Net income | ₹0 Cr (2024) |
| Total assets | ₹4.05493 Cr (2024) |
| Total assets | ₹86 Cr (2024) |
| Number of employees | 29 (2024) |
| Website | www.kananiindustries.com |
Kanani Industries Share Price Forecast From 2025 to 2040
| Year | Year High Target (₹) | Year Low Target (₹) | Year-End Target (₹) |
| 2024 | ₹7.5 | ₹2.0 | ₹3.2 |
| 2025 | ₹9.0 | ₹2.5 | ₹5.5 |
| 2026 | ₹10.5 | ₹4.0 | ₹7.0 |
| 2027 | ₹12.0 | ₹5.5 | ₹9.0 |
| 2028 | ₹14.0 | ₹8.0 | ₹10.5 |
| 2029 | ₹16.5 | ₹9.5 | ₹12.0 |
| 2030 | ₹18.0 | ₹11.0 | ₹14.5 |
| 2035 | ₹29.5 | ₹13.0 | ₹23.0 |
| 2040 | ₹41.0 | ₹18.5 | ₹35.0 |
Technical Analysis for Kanani Industries
Kanani Industries Share Price Target 2025
| Year | 1st Target | 2nd Target |
| 2025 | 8.6 | 9.0 |
For 2025, Kanani Industries is expected to achieve a first share price target of ₹8.6 and a second target of ₹9.0. The company has been showing steady recovery, supported by efforts to stabilize operations, improve profitability, and strengthen its financial foundation. These initiatives are likely to drive moderate growth in the short term.
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Kanani Industries Stock Price Target 2026
| Year | 1st Target | 2nd Target |
| 2026 | ₹10.0 | 10.5 |
By 2026, the first target share price is projected to be ₹10.0, with the second target at ₹10.5. Kanani Industries is likely to build on its recovery, focusing on operational efficiency and market expansion. The company’s strategic improvements and focus on creating shareholder value may further enhance its growth trajectory.
Kanani Industries Share Price Forecast 2027
| Year | 1st Target | 2nd Target |
| 2027 | 11..2 | 12.0 |
In 2027, Kanani Industries is anticipated to achieve a first target of ₹11.2 and a second target of ₹12.0. Continued emphasis on diversification and market presence could support the company’s upward momentum. Strategic investments and customer-centric initiatives may also contribute to its progress.
Kanani Industries Stock Price Forecast 2028
| Year | 1st Target | 2nd Target |
| 2028 | 13.0 | 14.0 |
For 2028, the first target is set at ₹13.0, with a second target at ₹14.0. Kanani Industries is likely to strengthen its market position through consistent efforts to innovate and deliver value. Its focus on expanding its customer base and entering new markets could play a key role in achieving this growth.
Kanani Industries Share Price Prediction 2029
| Year | 1st Target | 2nd Target |
| 2029 | 15.0 | 16.5 |
By 2029, Kanani Industries is expected to hit a first share price target of ₹15.0 and a second target of ₹16.5. The company’s ability to improve margins and capture market opportunities may lead to enhanced profitability, driving the share price upward.
Kanani Industries Stock Price Prediction 2030
| Year | 1st Target | 2nd Target |
| 2030 | 17.2 | 18.0 |
Looking ahead to 2030, Kanani Industries is projected to achieve a first target of ₹17.2 and a second target of ₹18.0. The company’s long-term strategies focusing on sustainable growth and operational excellence may help it deliver consistent shareholder value, making it a strong contender in its industry.
Kanani Industries Share Price Estimate 2035
| Year | 1st Target | 2nd Target |
| 2035 | 24.0 | 29.5 |
By 2035, the company could see substantial growth, with a first target share price of ₹24.0 and a second target of ₹29.5. Kanani Industries’ focus on innovation, market leadership, and robust financial management could enable it to remain competitive and achieve remarkable growth over this period.
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Kanani Industries Stock Price Estimate 2040
| Year | 1st Target | 2nd Target |
| 2040 | 35.0 | 41.0 |
For 2040, Kanani Industries is forecasted to reach a first share price target of ₹35.0 and a second target of ₹41.0. Leveraging its enhanced market position, strong operational performance, and ability to adapt to evolving market trends, the company may emerge as a key player, ensuring significant value creation for its investors in the long term.
Kanani Industries Ltd Peer comparison
| Sector: Diamond, Gems and Jewellery | Industry: Diamond Cutting / Jewellery | ||||
| Name | P/E | Mar Cap ₹Cr. | Div Yld% | NP Qtr ₹Cr. | ROCE% |
| Titan Company | 92.05 | 298584 | 0.32 | 704.00 | 22.70 |
| Kalyan Jewellers | 118.64 | 74258 | 0.17 | 130.33 | 14.04 |
| P N Gadgil Jewellers. | 61.34 | 9458 | 0.00 | 32.39 | 30.82 |
| PC Jeweller | 590.51 | 9046 | 0.00 | 178.88 | -1.74 |
| Senco Gold | 39.91 | 8720 | 0.18 | 16.83 | 13.82 |
| Rajesh Exports | 176.59 | 6761 | 0.00 | 45.56 | 3.23 |
| Sky Gold | 75.38 | 6066 | 0.00 | 36.71 | 18.57 |
| Kanani Industrie | 207.03 | 53 | 0.00 | 0.05 | 1.80 |
Kanani Industries Ltd Fundamentals
| Metric | Value |
| Market Cap | ₹54 Cr |
| P/E Ratio (TTM) | 274.0 |
| P/B Ratio | 0.85 |
| Industry P/E | 84.85 |
| Debt to Equity | 0.00 |
| ROE (Return on Equity) | 0.42% |
| EPS (TTM) | 0.01 |
| Dividend Yield | 0.00% |
| 52 Week High | ₹7.5 |
| 52 Week Low | ₹2.5 |
| Book Value | 3.21 |
| Face Value | 1 |
Kanani Industries Ltd Financial Results
| All In ₹Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| Sales | 312 | 291 | 270 | 223 | 189 |
| Expenses | 311 | 289 | 267 | 222 | 189 |
| Operating Profit | 1 | 2 | 3 | 1 | -0 |
| OPM % | 0% | 1% | 1% | 0% | -0% |
| Other Income | 1 | 1 | 0 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 2 | 1 | 0 |
| Tax % | 20% | 10% | 6% | 7% | |
| Net Profit | 0 | 2 | 2 | 1 | 0 |
| EPS in Rs | 0.02 | 0.09 | 0.11 | 0.03 | 0.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Kanani Industries Ltd Balance Sheet
| All In ₹Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| Equity Capital | 10 | 10 | 10 | 20 | 20 |
| Reserves | 47 | 49 | 53 | 43 | 44 |
| Borrowings | 22 | 24 | 31 | 6 | 0 |
| Other Liabilities | 55 | 58 | 36 | 26 | 22 |
| Total Liabilities | 133 | 141 | 131 | 95 | 86 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 133 | 141 | 130 | 95 | 86 |
| Total Assets | 133 | 141 | 131 | 95 | 86 |
Kanani Industries Ltd Shareholding Pattern
| Num. In % | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| Promoters | 74.83% | 71.72% | 61.35% | 57.21% | 32.55% |
| Public | 25.17% | 28.28% | 38.64% | 42.80% | 67.44% |
| No. of Shareholders | 3,116 | 5,654 | 25,874 | 65,336 | 85,402 |
Kanani Industries Ltd Dividend History (2010-2024)
| Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
| 03 May, 2010 | 26 Jul, 2010 | Final | 0.25 |
| 18 Jan, 2010 | 28 Jan, 2010 | Interim | 0.25 |
| 12 Jun, 2009 | 17 Jul, 2009 | Final | 0.50 |
| 15 Oct, 2008 | 29 Oct, 2008 | Interim | 0.50 |
| 12 Jun, 2008 | 20 Jun, 2008 | Final | 0.50 |
| 28 Sep, 2000 | – | Final | 0.00 |
Kanani Industries Ltd Bonus History
| Announcement Date | Ex-Bonus Date | Bonus Ratio | Remarks |
| 09 Dec, 2023 | 30 Jan, 2024 | 1:1 | For every 1 share held; Holder will receive 1 bonus share. |
| 24 Jan, 2013 | 01 Feb, 2013 | 1:10 | For every 10 shares held; Holder will receive 1 bonus share. |
| 25 Jun, 2009 | 20 Aug, 2009 | 2:1 | For every 1 share held; Holder will receive 2 bonus shares. |
| 11 Jun, 2008 | 24 Jul, 2008 | 1:1 | For every 1 share held; Holder will receive 1 bonus share. |
Kanani Industries Ltd Split History
| Announcement Date | Ex-Split Date | Old FV | New FV | Remarks |
| 09 Aug, 2012 | 01 Nov, 2012 | 5 | 1 | For every share held, the holder will receive 5 shares post the split adjustment. |
| 03 Nov, 2009 | 22 Dec, 2009 | 10 | 5 | For every share held, the holder will receive 2 shares post the split adjustment. |
FAQs
Q.1. What is the share price target for Kanani Industries in 2025?
Ans: Kanani Industries is expected to recover steadily, with the share price reaching ₹8.6 (1st target) and ₹9.0 (2nd target). This reflects improved financial stability and efficient asset management.
Q.2. What are the projected share price targets for Kanani Industries in 2026?
Ans: By 2026, the share price could rise to ₹10.0 (1st target) and ₹10.5 (2nd target), driven by efforts to expand retail banking and improve asset quality.
Q.3. What is the anticipated share price target for Kanani Industries in 2027?
Ans: In 2027, the share price is projected to hit ₹11.2 (1st target) and ₹12.0 (2nd target), supported by digital transformation and fintech partnerships.
Q.4. What are the share price targets for Kanani Industries in 2028?
Ans: By 2028, Kanani Industries may reach ₹13.0 (1st target) and ₹14.0 (2nd target), fueled by enhanced customer services and diversified revenue streams.
Q.5. What is the forecast for Kanani Industries share price in 2029?
Ans: For 2029, the share price is expected to touch ₹15.0 (1st target) and ₹16.5 (2nd target), reflecting improved profitability and growth in deposits and loans.
Q.6. What are the share price targets for Kanani Industries in 2030?
Ans: Looking to 2030, the share price could reach ₹17.2 (1st target) and ₹18.0 (2nd target), driven by strategic initiatives and sustainable banking practices.
Q.7. What are the long-term share price targets for Kanani Industries in 2035?
Ans: By 2035, Kanani Industries may achieve a share price of ₹24.0 (1st target) and ₹29.5 (2nd target), showcasing its transformation and competitiveness in the financial sector.
Q.8. What is the share price target for Kanani Industries in 2040?
Ans: Fast forward to 2040, the share price is forecasted to hit ₹35.0 (1st target) and ₹41.0 (2nd target), reflecting a stronger balance sheet, technology adoption, and customer trust.
Q.9. Who is the current CEO of Kanani Industries?
Ans: The current CEO and Managing Director of Kanani Industries is Prashant Kumar.
Q.10. How can I contact Kanani Industries?
Ans: You can reach them by phone at +91-22-65263333 or via email at [email protected].
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