Karnavati Finance
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Forensics
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May 31 (Reuters) - Karnavati Finance Ltd KRNA.BO:
MD, CHAIRMAN JAY RAMANBHAI MORZARIA RESIGNS
JAY RAMANBHAI MORZARIA WILL BE CONTINUING AS MD
Source text for Eikon: ID:nBSE4JRQj8
Further company coverage: KRNA.BO
(([email protected];;))
May 31 (Reuters) - Karnavati Finance Ltd KRNA.BO:
MD, CHAIRMAN JAY RAMANBHAI MORZARIA RESIGNS
JAY RAMANBHAI MORZARIA WILL BE CONTINUING AS MD
Source text for Eikon: ID:nBSE4JRQj8
Further company coverage: KRNA.BO
(([email protected];;))
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What does Karnavati Finance do?
Karnavati Finance Ltd is a finance company based in Ahmadabad. They provide services such as hire purchase, leasing, financing loans, and credit lending.
Who are the competitors of Karnavati Finance?
Karnavati Finance major competitors are Adcon Capital Serv., Capital Trust, TruCap Finance, Assam Entrade, Indian Infotech&Soft, Sonal Mercantile, Baid Finserv. Market Cap of Karnavati Finance is ₹14 Crs. While the median market cap of its peers are ₹97 Crs.
Is Karnavati Finance financially stable compared to its competitors?
Karnavati Finance seems to be less financially stable compared to its competitors. Altman Z score of Karnavati Finance is 0.0 and is ranked 6 out of its 8 competitors.
Does Karnavati Finance pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Karnavati Finance latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Karnavati Finance allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Karnavati Finance balance sheet?
Karnavati Finance balance sheet is weak and might have solvency issues
Is the profitablity of Karnavati Finance improving?
No, profit is decreasing. The profit of Karnavati Finance is -₹5.89 Crs for TTM, -₹1.68 Crs for Mar 2025 and -₹1.67 Crs for Mar 2024.
Is the debt of Karnavati Finance increasing or decreasing?
The net debt of Karnavati Finance is decreasing. Latest net debt of Karnavati Finance is -₹0.11 Crs as of Mar-26. This is less than Mar-25 when it was ₹11.06 Crs.
Is Karnavati Finance stock expensive?
Karnavati Finance is not expensive. Latest PE of Karnavati Finance is 0, while 3 year average PE is 49.72. Also latest EV/EBITDA of Karnavati Finance is 0.0 while 3yr average is 25.03.
Has the share price of Karnavati Finance grown faster than its competition?
Karnavati Finance has given better returns compared to its competitors. Karnavati Finance has grown at ~-2.67% over the last 6yrs while peers have grown at a median rate of -18.94%
Is the promoter bullish about Karnavati Finance?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 62.06% and last quarter promoter holding is 58.94%.
Are mutual funds buying/selling Karnavati Finance?
There is Insufficient data to gauge this.