Credit rating
Credit Rating 13 Oct - Acuite assigned BBB Stable and A3+ ratings to Shri Kanha Stainless’ ₹60 crore bank facilities.
Source: Nse
Shri Kanha Stainless Ltd. (SHRIKANHA)
SME CapMetals stocks · SME cap · NSE
Shri Kanha Stainless Ltd. operates in Stainless Steel, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals11 Oct 2026 · screener
Latest result01 Jun, 07:58 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
49NeutralMACD − · near 52W low
Stock trend: 48
Sector RS: 50
Sector 3M: -4.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SHRIKANHAD candles · FIT view-24.9%Latest close ₹21.75 on 2026-10-16
Daily history is available from 2025-12-10; the requested 1Y window is partially covered.
Bar
-1.6%
RSI
47
MACD hist
-0.18
52W pos
9%
2026-10-16O ₹22.10H ₹22.10L ₹21.00C ₹21.75Vol 11,200 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SHRIKANHANifty MetalNifty 500
- SHRIKANHA
- -10.3%
- Nifty 500
- -4.2%
- Nifty Metal
- -3.0%
- Vs Nifty 500
- -6.1 pp
Chart stats
16 Oct 2026- From 52W high
- -75.3%
- 52W range position
- 9%
- ATR (14)
- 4.5%
- Volume vs 20D
- 0.90x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹20.5 - ₹24
₹88
₹15.1 - ₹88
₹1
Latest completed session
20-session average
52.5% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED69
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Neutral49
Price trend and sector-relative-strength timing.
Valuation
Legacy model+88.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence58
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹95 Cr | NDF | +13.1% |
| EBITDA | ₹8 Cr | NDF | NDF |
| Operating margin | 9.0% | NDF | NDF |
| PAT | ₹4 Cr | NDF | +33.3% |
| PAT margin | 4.2% | NDF | NDF |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 4.06
- P/B
- 0.57
- EV/EBITDA
- 4.56
- Market Cap
- 35.30Cr
Profitability
- ROE
- 23.70%
- ROCE
- 18.20%
- ROA
- 6.00%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 15.13%
- EPS 5Y
- 108.01%
- Revenue 3Y
- 15.00%
- EPS 3Y
- 129.00%
Balance Sheet
- Debt/Equity
- 0.90
- Interest Coverage
- 3.60×
- Altman Z
- 2.59
- Book Value
- 39.40
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -31.00 Cr
- EPS TTM
- 5.61
Shareholding
- Promoter Hold
- 68.59%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 10%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 206+41.1% vs prev
Net Profit
₹ CrLatest: 9.0+50.0% vs prev
Return on Equity
%Latest: 14.5-71.3% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend unclear. RSI 47.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 47 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 75% off 52W high · 44% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
79
RS percentile
Stage 4 Downtrend
1M return
-2.7%
3M return
-11.2%
6M return
+37.2%
1Y return
-
RS 1D
+4
RS 20D
+51
Sector rank
#4
Industry rank
#50
Stage evidence
- Price is 6.9% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -2.2%.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
improving
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
195 observations
16 Oct 2026Value 27.35+2.67%
RS vs Nifty 50027
Valuation & peers
U-Score 69 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 69 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation30/30
Growth21/25
Quality14/20
Balance Sheet8/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-7
Raw sum
69
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
69/100 · legacy band UNDERVALUED
Positive drivers
- Fair-value margin of safety is positive at 88.8%.
- Valuation contributes 30/30 to the score.
- Growth contributes 21/25 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
- Balance sheet is weaker at 8/15; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
4.1
PB
0.6
EV/EBITDA
4.6
ROE
23.7%
ROCE
18.2%
FCF Yield
—
Debt/Equity
0.9
MoS
+88.8%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Current PE is low at 4.1, so peak-cycle earnings risk should be checked.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
69
Previous: 69
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+88.8%
Previous: +88.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
69
69
69
69
69
69
69
69
69
69
69
69
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹70.52
+69.2% MoS
Growth-justified P/E
34.8
Growth-justified Value
₹195.23
+88.8% MoS
PEG
0.03
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MAL
SME
Mangalam Alloys Ltd.
Steel
match 69
0
56.9
2.4%
-12329%
OVERVALUED
JSL
Large
Jindal Stainless Limited
Steel
match 66
64
18.4
17.7%
+46%
UNDERVALUED
NMSTEEL
SME
Newmalayalam Steel Ltd.
Steel
match 58
37
7.1
6.6%
+4%
WATCHLIST
KALANA
SME
Kalana Ispat Ltd.
Steel
match 56
36
23.3
2.2%
+31%
WATCHLIST
ASHOKAMET
Small
Ashoka Metcast Limited
Steel
match 54
50
2.9
8.4%
+92%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Shri Kanha Stainless Ltd. operates in Stainless Steel, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
58Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 22nd percentile of the scored universe and 23rd percentile within Metals. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
22nd percentile
overall median 67 · Metals: 23rd pctile, median 70 · SME: 24th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
68
acceptable · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
80
strong · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 68.6%.
- ▸Promoter pledge is zero.
- ▸ROCE is 23.8%.
Trust risks
- ▸Promoter holding fell 20.4%.
- ▸Operating cash flow is negative at ₹-31 Cr.
- ▸Only 1 years of positive FCF.
- ▸ROCE trend is -40.2%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Shri Kanha Stainless Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportSep 2026
Sep 2026 · Copy of Newspaper Publication 2 Sep - Newspaper publication for 11th AGM notice, annual report FY2025-26 dispatch, and e-voting details on 2 September 2026.
Source: Nse
Annual reportSep 2026
Sep 2026 · Shareholders meeting 1 Sep - 11th AGM on 25 September 2026; FY2025-26 annual report submitted.
Source: Nse
Investor presentationMar 2026
Mar 2026 · PPT
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.