---
title: "Krishana Fabrics Ltd (539446) — Share Price, Financials & Analysis"
symbol: "539446"
company: "Krishana Fabrics Ltd"
canonical: "https://tapetide.com/stocks/539446"
isin: "INE627Q01018"
bse_code: "539446"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:47:58.081Z"
---

# Krishana Fabrics Ltd (539446)

Canonical page: https://tapetide.com/stocks/539446

## Company

- **BSE Code:** 539446
- **ISIN:** INE627Q01018
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-11-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** krishana.co.in

## About

Krishana Fabrics Limited, incorporated in India, Listed on the Bombay Stock exchange Limited, the company is engaged in Trading / Investment in Shares & Securities & Financing activities

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.52 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.34% over last 3 years.
- Working capital days have increased from 414 days to 714 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -540% | — | — |
| revenue growth | -91% | 506% | 157% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.06 | 0 | 0.15 | 5.5 | 2.66 | 2.22 | 1.61 | 0.18 | 0.12 | 0.31 | 0.08 | 0.07 |
| Expenses | 0.05 | 0.22 | 0.15 | 5.49 | 2.65 | 2.23 | 1.56 | 0.16 | 0.1 | 0.55 | 0.08 | 0.07 |
| Operating Profit | 0.01 | -0.22 | 0 | 0.01 | 0.01 | -0.01 | 0.05 | 0.02 | 0.02 | -0.24 | 0 | 0 |
| OPM % | 16.67 | — | 0 | 0.18 | 0.38 | -0.45 | 3.11 | 11.11 | 16.67 | -77.42 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 |
| Profit before tax | 0.01 | -0.22 | 0 | 0.01 | 0.01 | -0.01 | 0.05 | 0.02 | 0.02 | -0.25 | 0 | 0 |
| Tax % | 0 | -31.82 | — | 0 | 0 | 200 | 0 | 0 | 0 | 0 | — | — |
| Net Profit | 0.01 | -0.15 | 0 | 0.01 | 0.01 | -0.03 | 0.05 | 0.02 | 0.02 | -0.24 | 0 | 0 |
| EPS in Rs | — | — | — | — | — | — | — | 0.07 | 0.07 | -0.78 | 0 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.48 | 10.54 | 2.23 | 0.58 |
| Expenses | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.29 | 10.52 | 2.39 | 0.8 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0.19 | 0.02 | -0.16 | -0.22 |
| OPM % | 0 | 0 | 0 | 0 | 0 | 39.58 | 0.19 | -7.17 | -37.93 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0.19 | 0.02 | -0.17 | -0.23 |
| Tax % | — | — | — | — | — | 31.58 | 100 | 0 | — |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0.12 | 0 | -0.16 | -0.22 |
| EPS in Rs | — | — | — | — | — | — | — | -0.52 | -0.71 |
| Dividend Payout % | — | — | — | — | — | 0 | — | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 3.06 | 3.06 | 3.06 |
| Reserves | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 1.5 | 1.5 | 1.34 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.42 | 0.06 | 0.05 |
| Total Liabilities | 0.75 | 0.76 | 0.76 | 0.77 | 0.77 | 4.98 | 4.62 | 4.45 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.75 | 0.76 | 0.76 | 0.77 | 0.77 | 4.97 | 4.61 | 4.44 |
| Total Assets | 0.75 | 0.76 | 0.76 | 0.77 | 0.77 | 4.98 | 4.62 | 4.45 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0.01 | 0.02 | -0.02 | 0 | 0.46 | -4.04 | 0.02 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | -0.01 | 0 | -0.01 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 3.6 | 0 | 0 |
| Net Cash Flow | 0 | 0.01 | 0.02 | -0.02 | 0 | 4.05 | -4.04 | 0.01 |
| Free Cash Flow | 0 | 0.01 | 0.02 | -0.02 | 0 | 0.45 | -4.04 | 0.01 |
| CFO/OP | — | — | — | — | — | 274 | -20100 | -12 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 159.69 | 0 | 0 |
| Inventory Days | — | — | — | — | — | — | 18.85 | 0 |
| Days Payable | — | — | — | — | — | — | 0 | — |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 159.69 | 18.85 | 0 |
| Working Capital Days | 27010 | 13322.5 | 12957.5 | 26645 | 26645 | 372.6 | 156.87 | 713.63 |
| ROCE % | — | 0 | 0 | 0 | 0 | 7.16 | 0.44 | -3.79 |

## Shareholding Pattern

### annual

| Category | Sep 2016 |
| --- | --- |
| Promoters | 0.98% |
| Public | 99.02% |
| No. of Shareholders | 690 |

### Quarterly

| Category | Jun 2016 | Sep 2016 |
| --- | --- | --- |
| Promoters | 0.98% | 0.98% |
| Public | 99.02% | 99.02% |
| No. of Shareholders | 646 | 690 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 5 Feb - Crisil withdrew ratings on Rs450 crore bank facilities after loans settled (Jan 27, 2026). | [Withdrawal Of Crisil Ratings On The Bank Facilities 5 Feb - Crisil withdrew ratings on Rs450 crore bank facilities after loans settled (Jan 27, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0c7919a-93d4-4de5-a02f-9581ebb4df64.pdf) |
| 17 Feb - Approved office move; appointed Bharat Shah as CFO effective 17 Feb 2026; auditor appointments; seeking recapitalisation. | [Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. Tuesday, 17Th February, 2026 17 Feb - Approved office move; appointed Bharat Shah as CFO effective 17 Feb 2026; auditor appointments; seeking recapitalisation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbc88353-5fbf-46ed-a5a0-a55a31ffe8c0.pdf) |
| 17 Feb - Appointed Mr Bharat Shah as CFO effective 17-Feb-2026; changed registered office; appointed auditors; seeking recapitalisation investor. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 17 Feb - Appointed Mr Bharat Shah as CFO effective 17-Feb-2026; changed registered office; appointed auditors; seeking recapitalisation investor.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b898b450-c5f9-4d40-aec8-b2d2b26dc5c5.pdf) |
| 17 Feb - Appointed CFO Bharat Shah effective 17-Feb-2026; changed registered office; appointed auditors; pursuing recapitalisation and DRT sale-cancellation. | [Announcement under Regulation 30 (LODR)-Change in Management 17 Feb - Appointed CFO Bharat Shah effective 17-Feb-2026; changed registered office; appointed auditors; pursuing recapitalisation and DRT sale-cancellation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0fc512a2-32fe-4ad1-ae2f-fc0ed356a5d7.pdf) |
| 16 Jan - NCLT approved going-concern sale (Order 3 June 2025); Sale Certificate 03 Oct 2024; Dec 31, 2025 results approved. | [Outcome Of Board Meeting Held On Friday, 16Th January, 2026. 16 Jan - NCLT approved going-concern sale (Order 3 June 2025); Sale Certificate 03 Oct 2024; Dec 31, 2025 results approved.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b23cd26a-eb8d-4bf4-bebd-a66e89883536.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 5 Apr 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=EE44E1F5_D755_4E40_9902_C9DBE0D53BCA_175114.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 5 Apr 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/EE44E1F5_D755_4E40_9902_C9DBE0D53BCA_175114.pdf) |
| — | [Standalone Financial Results, Limited Review Report for September 30, 2016 11 Nov 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=CD2A9D56_AE44_4884_A694_3A3D3F5286A3_101421.pdf) |
| — | [Standalone Financial Results, Limited Review Report for September 30, 2016 11 Nov 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/11/CD2A9D56_AE44_4884_A694_3A3D3F5286A3_101421.pdf) |
| — | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended September 30, 2016 12 Oct 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2B27BE68_F85F_43A3_8745_3419278881DF_125237.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_NITINFIRE_2010_2011_08082011082526.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_NITINFIRE_2009_2010_09092010120000.zip) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532854/5328540318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532854/5328540317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532854/5328540316.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539446/5394460316.pdf) |
| from bse | [Financial Year 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532854/5328540315.pdf) |
| from bse | [Financial Year 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532854/5328540314.pdf) |
| from bse | [Financial Year 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532854/5328540313.pdf) |
| from bse | [Financial Year 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/532854/5328540311.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:47:58.081Z.