Kanishk Aluminium India Ltd
We specialize in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding/ fixed windows and doors. Our products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture. Our mission is to consistently deliver exceptional value to our customers by offering superior-quality products and services at optimal costs. We achieve this through continuous improvement, integrity, and excellence in every aspect of our operations. In 2024, we have proudly launched our brand, Baari by Kanishk", which specializes in premium aluminium system doors and windows. At Baari, we design and manufacture a wide range of high-quality door and window systems, including sliding doors, casement series, slide-and-fold doors, lift-and-slide doors, fixed panels etc.
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Shareholding
Objects of the Issue
- Repayment / pre-payment, in full or part, of certain borrowings availed by our Company
- Branding and Promotion of Company brand, `Baari by Kanishk',
- General corporate purposes
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 35 | 59 | 59 | 60 | 79 |
| Operating ProfitCr | 2 | 4 | 4 | 6 | 9 |
| OPM% | 6.5 | 6.1 | 7.3 | 10.5 | 11.0 |
| PBTCr | 0 | 2 | 2 | 4 | 6 |
| PATCr | 0 | 2 | 2 | 3 | 4 |
| EPS | - | 2 | 2 | 3 | 4 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | - | 5 | 6 | 9 | 13 |
| ReservesCr | - | 1 | 8 | 7 | 32 |
| BorrowingsCr | - | 26 | 21 | 23 | 33 |
| Total AssetsCr | - | 37 | 41 | 50 | 100 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | 3 | -2 | 3 | -2 | -8 |
| Investing Cash FlowCr | -2 | -3 | -1 | 1 | -24 |
| Financing Cash FlowCr | -1 | 5 | -2 | 0 | 32 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 | 1 |
Strengths & Risks
- Diverse Product Portfolio.
- Ability to provide customized solutions tailored to client specifications.
- Stringent quality control mechanism ensuring standardized product quality.
- Strong knowledge and expertise of Senior management team.
- Strong existing client relationship.
- Prepared to grow and reap benefit of available huge potentials available in aluminum product end-users sectors.
- Focus on consistently meeting quality standards.
- Maintaining edge over competitors.
- Continue to strive for cost efficiency.
- A significant portion of revenue comes from key customers, and losing one or more of them, experiencing a decline in their financial health or business outlook, or facing a reduction in their demand for the company's products could negatively impact its business, operating results, financial condition, and cash flows.
- The Company is dependents on few suppliers for purchase of raw materials. Loss of any of these large suppliers may affect its business operations adversely.
- The company's Promoter Group entities have some common business interest or pursuits among themselves, which may create potential conflict of interest and can adversely affect the interest of the Company.
- There have been instances of delayed filings in the past with certain Regulatory Authorities. If the Regulatory Authorities impose any monitory penalties on the company or take any punitive actions against the Company in relation to the same,the company's business, financial condition and results of operations could be adversely affected.
- In the past, there have been discrepancies in filings with the Registrar of Companies (RoC) and other non-compliances under the Companies Act, which may result in penalties.
- The company's operations are highly dependent on the availability and price volatility of aluminium, which constitutes its primary raw material. Any disruption in the procurement or significant fluctuations in aluminium prices whether due to global supply-demand dynamics, import/export restrictions, or geopolitical tensions may adversely affect its profitability and operations.