Krowniq
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Lykis Ltd's board approved a set of proposals that would dramatically expand the company's financial capacity, including authorising borrowings of up to ₹100 crore and investments up to ₹200 crore — several times the company's current market capitalisation of ₹89 crore. The board also appointed Jitendra Kumar Ranka as Chairman & Managing Director, regularised three other directors, and proposed altering the company's name to Krowniq Limited. Related party transactions were authorised up to ₹143 crore annually with various subsidiaries and entities. All major proposals, including the borrowing limits and name change, remain subject to shareholder approval at the upcoming annual general meeting.
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Lykis Ltd's board approved a set of proposals that would dramatically expand the company's financial capacity, including authorising borrowings of up to ₹100 crore and investments up to ₹200 crore — several times the company's current market capitalisation of ₹89 crore. The board also appointed Jitendra Kumar Ranka as Chairman & Managing Director, regularised three other directors, and proposed altering the company's name to Krowniq Limited. Related party transactions were authorised up to ₹143 crore annually with various subsidiaries and entities. All major proposals, including the borrowing limits and name change, remain subject to shareholder approval at the upcoming annual general meeting.
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June 15 (Reuters) - Lykis Ltd LYKI.BO:
LYKIS - APPOINTS JITENDRA KUMAR RANKA AS CHAIRMAN AND MD
Source text: ID:nBSE8XmCL9
Further company coverage: LYKI.BO
(([email protected];))
June 15 (Reuters) - Lykis Ltd LYKI.BO:
LYKIS - APPOINTS JITENDRA KUMAR RANKA AS CHAIRMAN AND MD
Source text: ID:nBSE8XmCL9
Further company coverage: LYKI.BO
(([email protected];))
April 27 (Reuters) - Lykis Ltd LYKI.BO:
LYKIS LTD MARCH-QUARTER CONSOL NET PROFIT 19.5 MILLION RUPEES
LYKIS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.45 BILLION RUPEES
Further company coverage: LYKI.BO
(([email protected];))
April 27 (Reuters) - Lykis Ltd LYKI.BO:
LYKIS LTD MARCH-QUARTER CONSOL NET PROFIT 19.5 MILLION RUPEES
LYKIS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.45 BILLION RUPEES
Further company coverage: LYKI.BO
(([email protected];))
March 20 (Reuters) - Lykis Ltd LYKI.BO:
LYKIS LTD- IMPACT OF ONGOING MIDDLE EAST CONFLICT ON EXPORT OPERATIONS AND FINANCIAL PERFORMANCE
LYKIS LTD - FACES INCREASED FREIGHT COSTS AND ORDER FULFILMENT DELAYS
LYKIS LTD - SEES MATERIAL RISK OF SHIPMENT DELAYS AND SHORT-TERM VOLUME DECLINES IN AFRICA
LYKIS LTD - EXPECTS ADVERSE IMPACT ON NEAR-TERM FINANCIAL PERFORMANCE
LYKIS LTD - SEES RISK OF MARGIN COMPRESSION AND WORKING CAPITAL PRESSURE
LYKIS LTD - INCURS MATERIALLY HIGHER FREIGHT COSTS PER UNIT DUE TO REROUTING WHICH MAY NOT BE IMMEDIATELY RECOVERABLE THROUGH PRICING ADJUSTMENTS
Source text: ID:nBSE2TYmJr
Further company coverage: LYKI.BO
(([email protected];))
March 20 (Reuters) - Lykis Ltd LYKI.BO:
LYKIS LTD- IMPACT OF ONGOING MIDDLE EAST CONFLICT ON EXPORT OPERATIONS AND FINANCIAL PERFORMANCE
LYKIS LTD - FACES INCREASED FREIGHT COSTS AND ORDER FULFILMENT DELAYS
LYKIS LTD - SEES MATERIAL RISK OF SHIPMENT DELAYS AND SHORT-TERM VOLUME DECLINES IN AFRICA
LYKIS LTD - EXPECTS ADVERSE IMPACT ON NEAR-TERM FINANCIAL PERFORMANCE
LYKIS LTD - SEES RISK OF MARGIN COMPRESSION AND WORKING CAPITAL PRESSURE
LYKIS LTD - INCURS MATERIALLY HIGHER FREIGHT COSTS PER UNIT DUE TO REROUTING WHICH MAY NOT BE IMMEDIATELY RECOVERABLE THROUGH PRICING ADJUSTMENTS
Source text: ID:nBSE2TYmJr
Further company coverage: LYKI.BO
(([email protected];))
Aug 6 (Reuters) - Lykis Ltd LYKI.BO:
SHAFEEN CHARANIA RESIGNS AS CHAIRMAN
Source text: ID:nBSE2hSSFD
Further company coverage: LYKI.BO
(([email protected];))
Aug 6 (Reuters) - Lykis Ltd LYKI.BO:
SHAFEEN CHARANIA RESIGNS AS CHAIRMAN
Source text: ID:nBSE2hSSFD
Further company coverage: LYKI.BO
(([email protected];))
Aug 2 (Reuters) - Lykis Ltd LYKI.BO:
JUNE-QUARTER CONSOL NET PROFIT 11.9 MILLION RUPEES VERSUS PROFIT 8.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 916 MILLION RUPEES VERSUS 862.5 MILLION RUPEES
Source text for Eikon: ID:nBSE2blFks
Further company coverage: LYKI.BO
(([email protected];))
Aug 2 (Reuters) - Lykis Ltd LYKI.BO:
JUNE-QUARTER CONSOL NET PROFIT 11.9 MILLION RUPEES VERSUS PROFIT 8.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 916 MILLION RUPEES VERSUS 862.5 MILLION RUPEES
Source text for Eikon: ID:nBSE2blFks
Further company coverage: LYKI.BO
(([email protected];))
May 18 (Reuters) - Lykis Ltd LYKI.BO:
MARCH-QUARTER CONSOL NET PROFIT 58.4 MILLION RUPEES VERSUS PROFIT 10.7 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.43 BILLION RUPEES VERSUS 930.6 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: LYKI.BO
(([email protected];))
May 18 (Reuters) - Lykis Ltd LYKI.BO:
MARCH-QUARTER CONSOL NET PROFIT 58.4 MILLION RUPEES VERSUS PROFIT 10.7 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.43 BILLION RUPEES VERSUS 930.6 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: LYKI.BO
(([email protected];))
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Popular questions
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What does Krowniq do?
Lykis Limited, incorporated in 1984, operates from Kolkata and specializes in exporting FMCG, Cosmetics, and various other products.
Who are the competitors of Krowniq?
Krowniq major competitors are Thrive Future Habita, Aakaar Medical Tech., Pee Cee Cosma Sope, Ravelcare, JHS Svendgaard Labs., Omfurn India, Naman Industries Pro. Market Cap of Krowniq is ₹102 Crs. While the median market cap of its peers are ₹74 Crs.
Is Krowniq financially stable compared to its competitors?
Krowniq seems to be less financially stable compared to its competitors. Altman Z score of Krowniq is 3.12 and is ranked 5 out of its 8 competitors.
Does Krowniq pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Krowniq latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Krowniq allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Krowniq balance sheet?
Balance sheet of Krowniq is strong. But short term working capital might become an issue for this company.
Is the profitablity of Krowniq improving?
Yes, profit is increasing. The profit of Krowniq is ₹10.83 Crs for TTM, ₹6.48 Crs for Mar 2026 and ₹2.61 Crs for Mar 2025.
Is the debt of Krowniq increasing or decreasing?
Yes, The net debt of Krowniq is increasing. Latest net debt of Krowniq is ₹90.58 Crs as of Mar-26. This is greater than Mar-25 when it was ₹14.93 Crs.
Is Krowniq stock expensive?
Krowniq is not expensive. Latest PE of Krowniq is 9.39, while 3 year average PE is 29.36. Also latest EV/EBITDA of Krowniq is 14.9 while 3yr average is 18.39.
Has the share price of Krowniq grown faster than its competition?
Krowniq has given better returns compared to its competitors. Krowniq has grown at ~47.35% over the last 1yrs while peers have grown at a median rate of -30.0%
Is the promoter bullish about Krowniq?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Krowniq is 67.17% and last quarter promoter holding is 67.17%.
Are mutual funds buying/selling Krowniq?
There is Insufficient data to gauge this.