539620
Kanoria Energy financials
- Market cap
- ₹146 Cr
- Sector
- Construction Materials
What Kanoria Energy does
Kanoria Energy & Infrastructure Limited (formerly A Infrastructure Limited) manufactures asbestos cement (AC) pressure pipes and AC corrugated roofing sheets and allied products at its registered works in Hamirgarh, Bhilwara (Rajasthan). The company has carried on this manufacturing business since its incorporation. In FY2024-25 it produced 31,012 metric tons of AC pipes and 176,942 metric tons of AC sheets.
Segments
- AC Pressure Pipes
- AC Corrugated Roofing Sheets
- AC Sheets production
- 176,942 metric tons (FY25)
- AC Pipes production
- 31,012 metric tons (FY25)
- Manufacturing plant
- 1, at Hamirgarh, Bhilwara (Rajasthan) — Regd. office & works
- In-house facilities
- In-house skill training centre for on-the-job manpower training
Quarterly results
Q1 FY27: revenue up 16.3%, net profit down 3320.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 61 | 67 | 100 | 39 −26% | 56 −9% | 75 +12% | 116 +16% |
| EBITDA | 5 | 4 | 1 | 4 | 4 −34% | 5 +39% | 4 +226% | 8 +94% |
| Net profit | 0 | 0 | -0 | 0 | 0 −95% | 0 +75% | 0 +159% | -5 −3320% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −24.6% 1Y
1Y: ₹22.75 on 10 Sept 2025 → ₹17.15. High ₹23 (11 Sept 2025), low ₹11.31 (27 Mar 2026).
Financials, as filed
Revenue fell 4.9% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹313 Cr | ₹348 Cr | ₹298 Cr | ₹270 Cr |
| Operating profit | ₹24 Cr | ₹26 Cr | ₹19 Cr | ₹17 Cr |
| Operating margin | 7.7% | 7.4% | 6.2% | 6.2% |
| Interest | ₹10 Cr | ₹13 Cr | ₹12 Cr | ₹12 Cr |
| Depreciation | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹10 Cr | ₹8 Cr | ₹4 Cr | ₹0 Cr |
| Net margin | 3.0% | 2.3% | 1.2% | 0.1% |
| Cash from operations | ₹-8 Cr | ₹-1 Cr | ₹23 Cr | ₹58 Cr |
| Free cash flow | ₹-17 Cr | ₹-8 Cr | ₹18 Cr | ₹53 Cr |
| ROCE | 14.0% | 12.0% | 8.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹21 Cr | ₹21 Cr | ₹43 Cr | ₹43 Cr | ₹43 Cr | ₹43 Cr |
| Reserves | ₹39 Cr | ₹51 Cr | ₹39 Cr | ₹46 Cr | ₹51 Cr | ₹50 Cr |
| Borrowings | ₹77 Cr | ₹84 Cr | ₹111 Cr | ₹125 Cr | ₹105 Cr | ₹83 Cr |
| Other liabilities | ₹75 Cr | ₹70 Cr | ₹72 Cr | ₹83 Cr | ₹67 Cr | ₹90 Cr |
| Total liabilities | ₹212 Cr | ₹225 Cr | ₹264 Cr | ₹297 Cr | ₹266 Cr | ₹266 Cr |
| Fixed assets | ₹38 Cr | ₹36 Cr | ₹66 Cr | ₹95 Cr | ₹91 Cr | ₹94 Cr |
| Capital work in progress | ₹52 Cr | ₹53 Cr | ₹29 Cr | ₹3 Cr | ₹8 Cr | ₹7 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹122 Cr | ₹136 Cr | ₹168 Cr | ₹199 Cr | ₹167 Cr | ₹165 Cr |
| Total assets | ₹212 Cr | ₹225 Cr | ₹264 Cr | ₹297 Cr | ₹266 Cr | ₹266 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 2% to 6,532.
- Promoters
- 73.9%
- Public
- 26.1%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 73.9%, Public 26.0%.Dec '23: Promoters 73.9%, Public 26.0%.Mar '24: Promoters 73.9%, Public 26.1%.Jun '24: Promoters 73.9%, Public 26.1%.Sep '24: Promoters 73.9%, Public 26.1%.Dec '24: Promoters 73.9%, Public 26.1%.Mar '25: Promoters 73.9%, Public 26.1%.Jun '25: Promoters 73.9%, Public 26.1%.Sep '25: Promoters 73.9%, Public 26.1%.Dec '25: Promoters 73.9%, Public 26.1%.Mar '26: Promoters 73.9%, Public 26.1%.Jun '26: Promoters 73.9%, Public 26.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kanoria Energy above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ganga Projects Private Limited | 18.57% | unchanged |
| B S Traders Private Limited | 17.48% | unchanged |
| Alok Fintrade Private Limited | 15.13% | unchanged |
| Anchal Fintrade Private Limited | 12.99% | unchanged |
| Nathdwara Fibre Cement Product Private Limited | 11.07% | unchanged |
| Landmark Dealers Private Limited | 5.63% | unchanged |
| Generatio Next Medical Services Company Private Limited | 4.34% | unchanged |
| Shaurya Production Company Private Limited | 3.10% | unchanged |
| Priyadarshinee Kanoria | 2.31% | unchanged |
| Kanoria Properties Private Limited | 1.83% | unchanged |
| Investor Education And Protection Fund Authority | 1.81% | unchanged |
| Prabhadevi Kanoria | 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Kanoria Energy
Guides on how to read this kind of business and the numbers that matter.