Kanishk Aluminium India (BOM:544693) Net Current Asset Value: ₹6.73 (As of Mar. 2026) — 79% Above Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544693 Kanishk Aluminium India Ltd BOM:544693
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Price ₹25.50
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What is Kanishk Aluminium India Net Current Asset Value?

Kanishk Aluminium India BOM:544693 14 Net Current Asset Value is ₹6.73 as of Mar. 2026, which is 100% below its 10-year median of 3.77. GuruFocus rates BOM:544693 with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 1,357 Metals & Mining companies, Kanishk Aluminium India ranks better than 70.01% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Kanishk Aluminium India's net current asset value per share for the quarter that ended in Mar. 2026 was ₹6.73.

The historical rank and industry rank for Kanishk Aluminium India's Net Current Asset Value or its related term are showing as below:

BOM:544693' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.77   Med: 3.77   Max: 4.2
Current: 3.79

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kanishk Aluminium India was 4.20. The lowest was 3.77. And the median was 3.77.

BOM:544693's Price-to-Net-Current-Asset-Value is ranked better than
70.01% of 1357 companies
in the Metals & Mining industry
Industry Median: 6.39 vs BOM:544693: 3.79

Kanishk Aluminium India  (BOM:544693) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Kanishk Aluminium India Net Current Asset Value Related Terms


Kanishk Aluminium India Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Kanishk Aluminium India's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kanishk Aluminium India Net Current Asset Value Chart

Kanishk Aluminium India Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
-6.34 -6.74 -1.66 2.45 6.73

Kanishk Aluminium India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value -6.34 -6.74 -1.66 2.45 6.73

BOM:544693 vs AA: Net Current Asset Value Comparison

For the Aluminum subindustry, Kanishk Aluminium India's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kanishk Aluminium India Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kanishk Aluminium India's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Kanishk Aluminium India's Price-to-Net-Current-Asset-Value falls into.


BOM:544693
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Kanishk Aluminium India Ltd BOM:544693
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanishk Aluminium India Net Current Asset Value Calculation

Kanishk Aluminium India's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(633.137-542.64-0-0)/13.440
=6.73

Kanishk Aluminium India's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(633.137-542.64-0-0)/13.440
=6.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹6.73 mean?
Kanishk Aluminium India (BOM:544693) has a Net Current Asset Value of ₹6.73 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kanishk Aluminium India and its competitors. This is 79% above median its historical median of 3.77. Over the past decade, Kanishk Aluminium India's Net Current Asset Value has ranged from 3.77 to 4.20. According to the industry distribution chart, Kanishk Aluminium India ranks #407 out of 1357 companies in the Metals & Mining industry, placing it in the top 30%.
Is Kanishk Aluminium India's Net Current Asset Value too high?
Kanishk Aluminium India's current Net Current Asset Value of ₹6.73 is 79% above median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 4.20. Based on the distribution chart, Kanishk Aluminium India ranks #407 out of 1357 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Kanishk Aluminium India has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kanishk Aluminium India's Net Current Asset Value compare to AA?
According to the Metals & Mining industry distribution chart, Kanishk Aluminium India ranks #407 out of 1357 companies for Net Current Asset Value. This puts Kanishk Aluminium India in the upper half of its industry. The industry median Net Current Asset Value is 6.39. Historically, Kanishk Aluminium India's own Net Current Asset Value has ranged from 3.77 to 4.20 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.39, based on 1,357 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kanishk Aluminium India and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanishk Aluminium India's current Net Current Asset Value is ₹6.73, which is 79% above median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanishk Aluminium India stock overvalued right now?
Kanishk Aluminium India (BOM:544693) has a current Net Current Asset Value of ₹6.73. The current Net Current Asset Value is ₹6.73, which is 79% above median its 10-year median of 3.77. Kanishk Aluminium India's overall GF Score™ is 14/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Kanishk Aluminium India (BOM:544693), the current Net Current Asset Value is ₹6.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kanishk Aluminium India Business Description

Address Plot No. E-849 A, Fourth Phase RIICO, Boranada, Jodhpur, RJ, IND, 342001
Kanishk Aluminium India Ltd is specialized in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding / fixed windows and doors profiles. Its products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture.
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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