Karnika Industries Limited

Karnika Industries Limited (KARNIKA) is a micro-cap Textiles company valued at ₹830 crore operating in Garments & Apparels on the NSE and BSE.

Recent price move

Karnika Industries Limited last traded at ₹134, unchanged on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing a significant increase in both revenue and net profit compared to the same quarter a year earlier. The company has maintained consistent revenue and profit levels in the last four quarters, with net profit remaining stable at ₹9 crore in the most recent two quarters. The promoter holding remains at 73.39%, with no foreign or domestic institutional holdings reported.

Financial performance

Karnika Industries Ltd has seen strong growth in both revenue and net profit, with annual revenue rising 45.3% and net profit increasing 57.7% year-over-year. The latest quarter showed even sharper growth, with revenue up 121.6% and net profit jumping 196.8% compared to the same quarter a year earlier. The net profit margin improved to 11.4% from 10.5% in the prior year, while return on equity remained at 29.0%, indicating efficient use of equity capital.

Valuation multiples

The stock trades at 29.7 times earnings, 7.75 times book value. It yields 0.1%.

Things to watch

The company has not paid out any dividends despite reporting repeated profits, which may raise concerns about capital allocation and shareholder returns. The stock is currently 33.4% below its 52-week high, indicating a significant pullback from recent peak levels. The company's market cap of ₹767 crore places it in the micro-cap category, which can be more volatile and less liquid than larger stocks.

Where it stands

Karnika Industries Ltd has delivered robust revenue and profit growth over the past few years, with the latest quarter showing a sharp increase in both metrics. The company's net profit margin has improved, and return on equity remains strong. However, the stock is trading significantly below its 52-week high, and the company has not distributed any dividends to shareholders despite consistent profitability.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.