Karnawati Innovation Limited
BSE: KARNAWATI · Packaging · sector
₹1.14BSE close 2026-10-26
Key numbers
Market cap₹3 cr
Price₹1.14
52w high / low₹2 / ₹1
P/E1.0xSector median 16.2x
P/B1.1xSector median 1.4x
Book value₹1.0
Dividend yield–Sector median 0.58%
ROE126.7%Sector median 9.8%
ROCE158.5%Sector median 11.6%
OPM3.5%Sector median 9.2%
Debt / equity0.00xSector median 0.39x
EV/EBITDA1.0xSector median 7.7x
Interest cover5.4x
Current ratio1.16x
Sales growth 3y-15.2%Sector median +4.7%
Profit growth 3y+94.2%Sector median +0.8%
PEG–
Last 12 months to Dec 2025, Standalone. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹0 cr (FY25): cash is higher (net cash).
- Operating profit covered interest 5.4x in the last 12 months.
- Other income was 41% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹1.14 on 2026-10-26: -50.2% from the 52-week high, +14.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹2.77 · low ₹0.93
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 20 | 71 |
| EBITDA | -0 | -0 | 2 | 2 |
| OPM % | – | – | 8.1% | 2.6% |
| Other income | 0 | 1 | 0 | 0 |
| Net profit | 0 | 0 | 2 | 2 |
| EPS (₹) | 0.24 | 0.30 | 0.30 | 0.34 |
Standalone figures where filed. Latest quarter Dec 2025.
Profit & loss (yearly)
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1 | 2 | 4 | 4 | 1 | 91 |
| EBITDA | -0 | 0 | 0 | 0 | 0 | 3 |
| Net profit | -0 | 0 | 0 | 0 | 0 | 4 |
| EPS (₹) | -0.01 | – | 0.03 | 0.04 | 0.03 | 1.18 |
| Revenue growth | +55.1% | +165.8% | -0.2% | -76.9% | – | |
| Profit growth | – | +800.0% | +11.1% | -25.0% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -15.1% | – | – |
| Net profit | +94.2% | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 |
|---|---|
| Shareholders' equity | 1 |
| Borrowings | 0 |
| Cash & equivalents | 0 |
| Total assets | 2 |
| Fixed assets | 0 |
| Capital work in progress | 0 |
| Investments | 0 |
| Receivables | 1 |
| Inventory | 0 |
| Payables | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 |
|---|---|
| Cash from operations | 0 |
| Cash from investing | -0 |
| Cash from financing | 0 |
| Capex | 0 |
| Free cash flow | 0 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 |
|---|---|
| ROE % | 12.3% |
| ROCE % | 19.5% |
| Debtor days | 284 |
| Inventory days | 0 |
| Payable days | 95 |
| Cash conversion cycle (days) | 189 |
| Working capital days | 377 |
Peers in Packaging
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| EPL | ₹7,100 cr | 18.3x | 2.5x | 14.9% | 17.0% | 19.3% | +8.8% | 2.25% |
| AGI | ₹4,590 cr | 12.7x | 1.9x | 16.1% | 19.6% | 22.5% | +5.3% | 0.98% |
| UFLEX | ₹4,111 cr | 6.0x | 0.5x | 8.8% | 8.9% | 13.5% | +1.6% | 0.53% |
| TCPLPACK | ₹3,649 cr | 31.6x | 5.1x | 16.9% | 17.8% | 15.3% | +7.9% | 0.75% |
| JINDALPOLY | ₹2,976 cr | – | 1.0x | -27.6% | -17.5% | -78.1% | -14.4% | 0.87% |
| POLYPLEX | ₹2,943 cr | 18.9x | 0.7x | 3.9% | 6.9% | 7.8% | -2.5% | 1.55% |
| XPROINDIA | ₹2,278 cr | 69.0x | 3.0x | 4.8% | 5.2% | 9.3% | -0.4% | 0.20% |
| KNACK | ₹2,038 cr | – | – | – | – | – | – | – |
| MOLDTKPAC | ₹1,928 cr | 25.3x | 2.8x | 11.4% | 13.4% | 19.1% | +6.7% | 0.69% |
| KARNAWATI | ₹3 cr | 1.0x | 1.1x | 126.7% | 158.5% | 3.5% | -15.2% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2001-08-17 | Dividend | NIL Dividend |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Packaging |
| Sub-industry | Packaging |
| Symbol | KARNAWATI |
| BSE code | 531671 |
| ISIN | INE214D01021 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.