Is Kanoria Chemicals and Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kanoria Chemicals and Industries Ltd (KANORICHEM.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Kanoria Chemicals and Industries Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Kanoria Chemicals and Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kanoria Chemicals and Industries Ltd?

Muslim investors may consider investing in Kanoria Chemicals and Industries Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Kanoria Chemicals and Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Kanoria Chemicals and Industries Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Kanoria Chemicals and Industries Ltd updated?

The Shariah compliance status of Kanoria Chemicals and Industries Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Kanoria Chemicals and Industries Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Kanoria Chemicals and Industries Ltd?

You can check the latest Shariah compliance status of Kanoria Chemicals and Industries Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

KANORICHEM.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 06, 2026

Report Source: 2026 2nd Quarter Report

Kanoria Chemicals and Industries Ltd. Stock Analysis KANORICHEM.NS

India Materials Nano Cap Report: Q2, 2026

Kanoria Chemicals & Industries Ltd. engages in the provision of business of manufacturing chemical intermediates. The company is headquartered in New Delhi, West Bengal and currently employs 389 full-time employees. The firm is primarily engaged in the manufacture of Industrial Chemicals. The firm operates through one segment: Alco Chemicals. The Alco Chemicals segment serves a range of industries, primarily focusing on the Construction, Infrastructure, Paint, Pharma, and Agrochemicals sectors. Its manufacturing portfolio includes products such as Formaldehyde, Pentaerythritol, Hexamine, Sodium Formate, Phenolic Resins, and Acetaldehyde. The company operates three chemical manufacturing facilities, located at Ankleshwar (Gujarat), Visakhapatnam (north Andhra Pradesh) and Naidupeta (south Andhra Pradesh). The firm's integrated denim manufacturing unit in Africa, operates through its wholly owned subsidiary, Kanoria Africa Textiles plc. APAG Holding AG is a subsidiary of the Company, which is engaged in the business of electronic automotive.

Key Statistics of Kanoria Chemicals and Industries Ltd (KANORICHEM.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹96.56₹100.48

Today's Open

₹98.61

Volume

35.36K

P/E Ratio (TTM)

52 Week Range

₹56.00₹107.00

Market Cap

4.14B

Avg. Volume

43.39K

Dividend Yield

Financial Metrics & Statements of Kanoria Chemicals and Industries Ltd (KANORICHEM.NS)

FAQ's for Kanoria Chemicals and Industries Ltd (KANORICHEM.NS)

According to Musaffa’s Shariah screening methodology, Kanoria Chemicals and Industries Ltd (KANORICHEM.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.