DocStoX is a free AI-powered research platform for Indian equity markets, covering 6,800+ NSE & BSE stocks with prices, fundamentals, 326 financial ratios, shareholding, FII/DII flows, F&O, IPOs, a visual screener and AI stock scoring.

Yes. DocStoX has a free tier covering stock research, the screener, FII/DII data and educational guides, plus a free MCP API tier (50 tool calls/day) for AI assistants. A Pro plan adds higher limits and advanced features.

What data does DocStoX cover?

Every NSE & BSE listed stock (6,800+ instruments): EOD and intraday prices, income statement / balance sheet / cash flow, 326 ratios, quarterly shareholding, promoter pledge, mutual-fund holdings, FII/DII flows, F&O and option-chain data, analyst forecasts, IPOs, corporate actions and news.

Can AI assistants like ChatGPT or Claude use DocStoX data?

Yes. DocStoX runs a public Model Context Protocol (MCP) server at https://mcp.docstox.com/mcp with 39 tools, so Claude, ChatGPT, Cursor and other MCP clients can pull Indian market data directly. Setup and a free key are at https://docstox.com/mcp.

What is the PE ratio of Kanishk Steel Industries Ltd?

Kanishk Steel Industries Ltd has a price-to-earnings (PE) ratio of 29.7 in the Industrial Products sector.

What is the market capitalisation of Kanishk Steel Industries Ltd?

Kanishk Steel Industries Ltd has a market capitalisation of approximately ₹155 crore.

Kanishk Steel Industries Ltd

KANISHKSTEELINDUSTRIESLTD·NSE·Industrial Products

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Industrial Products · Iron & Steel Products

A steady, established business

52W₹40

₹67-150%

Open

—

High

—

Low

—

Prev Close

—

Volume

—

VWAP

—

Snapshot

Key fundamentals

Market Cap

₹155 Cr

P/E Ratio

29.70Fair

P/B Ratio

1.40

EPS

₹2.93

Book Value

₹37.99

ROE

4.78%Weak

ROCE

6.00%Weak

Dividend Yield

0.00%

Debt / Equity

0.25Low

Face Value

₹10.00

52W High

₹66.95

52W Low

₹40.15

Sector

Industrial Products

Industry

Iron & Steel Products

Expensive

None moatVery High uncertainty

Fair value estimate

₹32

No recent traded price

BearFair valueBull

₹20₹32₹37

/100

Business quality — Watch the fundamentals

Growth 50Profitability 1Efficiency 0Valuation 69

Plain English

Our view

A steady, established business
Low debt relative to equity
Weak returns on equity (5%)

Strengths

Low debt relative to equity
Promoters hold a controlling stake

Risks

Weak returns on equity (5%)

How we got there

Fair value methods

Residual income

10% ROE fading to 13% over ~3 yrs, on ₹38 book

₹37

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹20

Analyst target

No analyst coverage

—

Blended fair value₹32

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Promoters hold a controlling stake

Bear case

Weak returns on equity (5%)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

29.7Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

4.8%Weak

Above 15% is considered healthy for Indian equities

ROCE

6.0%Weak

Above 18% means capital is working hard

Debt/Eq

0.25Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹155 Cr

P/B

1.40

EPS

₹2.93

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Reasonable

P/E 29.7×

Growth

Shrinking

-11% rev CAGR

Profitability

Modest

4.8% ROE

Financial health

Rock solid

D/E 0.25

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

-11.0%

+2.9%

10Y

+0.4%

Profit

-22.3%

-4.8%

10Y

-0.6%

EPS

-47.3%

-24.5%

10Y

-11.5%

Profile

Pros

Company's working capital requirements have reduced from 23.5 days to 16.2 days

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 10.6% over past five years.
Tax rate seems low
Company has a low return on equity of 2.88% over last 3 years.
Company's cost of borrowing seems high
Promoter holding has decreased over last 3 years: -3.50%

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

67%

Promoter

Promoters

66.8%-0.02

Public

13.5%+0.17

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

19.7%

Total shareholders

7,015-102 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter66.82%

Public13.50%

Others19.68%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1989, Kanishk Steel Ltd is a manufacturer and supplier of Iron & Steel products[1]