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Akshar Spintex share price

Akshar Spintex Ltd.

NSE: AKSHAR BSE: 541303 SECTOR: Textile  32k   35   6

0.73
0 0
BSE: 22 Nov 04:00 PM

Price Summary

Today's High

₹ 0.73

Today's Low

₹ 0.72

52 Week High

₹ 4.37

52 Week Low

₹ 0.72

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

57.49 Cr.

Enterprise Value

76.46 Cr.

No. of Shares

78.75 Cr.

P/E

83.91

P/B

0.63

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  1.16

CASH

0.01 Cr.

DEBT

18.98 Cr.

Promoter Holding

0.27 %

EPS (TTM)

₹  0.01

Sales Growth

29.04%

ROE

8.18 %

ROCE

10.52%

Profit Growth

224.99 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year29.04%
3 Year16.63%
5 Year11.69%

Profit Growth

1 Year224.99%
3 Year40.62%
5 Year9.03%

ROE%

1 Year8.18%
3 Year6.42%
5 Year1.52%

ROCE %

1 Year10.52%
3 Year8.55%
5 Year5.47%

Debt/Equity

0.4325

Price to Cash Flow

12.05

Interest Cover Ratio

4.6882

CFO/PAT (5 Yr. Avg.)

9.7557363986328

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 0.27 0.00
Jun 2024 11.62 0.00
Mar 2024 12.04 0.00
Dec 2023 37.57 0.00
Sep 2023 43.75 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 16.6311567224083% for the Past 3 years.
  • Company’s PEG ratio is 0.759927890546566.
  • The company has an efficient Cash Conversion Cycle of 32.523 days.
  • The company has a good cash flow management; CFO/PAT stands at 9.7557363986328.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 8.65247143214299.

 Limitations

  • Company has a poor ROE of 6.4185% over the past 3 years.
  • The company has a low EBITDA margin of 3.38516% over the past 5 years.
  • Promoter stake has been decreased from 11.62% to 0.27%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 43.57 44.8 48.14 37.02 23.19
Total Expenditure 41.75 42.99 45.8 35.07 24.49
Operating Profit 1.82 1.81 2.33 1.95 -1.29
Other Income 0.86 0.52 0.7 0.64 0.4
Interest 0.36 0.29 0.39 0.36 0.32
Depreciation 1.07 1.07 1.12 1.15 1.17
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.26 0.97 1.52 1.08 -2.39
Tax 0.36 0.28 0.57 0.45 -0.79
Profit After Tax 0.9 0.7 0.96 0.63 -1.6
Adjusted EPS (Rs) 0.02 0.02 0.02 0.01 -0.05

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 109.1 110.24 172.11 135.53 174.89
Total Expenditure 108.41 105.09 159.12 135.99 167.14
Operating Profit 0.68 5.15 12.99 -0.45 7.75
Other Income 1.99 1.34 3.46 2.39 2.96
Interest 3.18 2.53 2.58 1.86 1.36
Depreciation 4.1 4.14 4.21 4.27 4.34
Exceptional Items 0 0 0 0 0
Profit Before Tax -4.6 -0.18 9.66 -4.19 5.02
Tax 1.13 -1.42 2.64 -1.43 1.56
Net Profit -5.73 1.24 7.02 -2.76 3.46
Adjusted EPS (Rs.) -0.13 0.03 0.15 -0.06 0.08

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 25 25 25 25 30
Total Reserves 10.02 11.26 18.23 15.64 13.88
Borrowings 12.47 13.63 11.59 8.31 8.99
Other N/C liabilities 4.37 2.8 1.34 -0.16 0.6
Current liabilities 22.41 20.64 36.72 27.38 20.39
Total Liabilities 74.26 73.32 92.88 76.17 73.86
Assets
Net Block 49.7 46.09 43.21 39.16 39.44
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0.31 0.31 0 0 0
Loans & Advances 0.01 0.01 0.01 0.01 0.1
Other N/C Assets 1.46 1.55 0.83 1.04 2.14
Current Assets 22.78 25.37 48.83 35.95 32.18
Total Assets 74.26 73.32 92.88 76.17 73.86
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -4.6 -0.18 9.66 -4.19 5.02
Adjustment 7.06 6.56 6.73 5.93 5.72
Changes in Assets & Liabilities 5.56 -0.06 -12.5 8.73 -5.81
Tax Paid -0.22 -0.17 -0.96 -0.64 -0.15
Operating Cash Flow 7.79 6.14 2.92 9.84 4.77
Investing Cash Flow -0.11 -0.51 -0.95 -0.18 -4.5
Financing Cash Flow -7.69 -5.66 -2.01 -9.69 -0.27
Net Cash Flow -0.02 -0.02 -0.04 -0.03 -0.01

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 43.75 37.57 12.04 11.62 0.27
amit vallabhbhai gadhiya 7.35 7.28 1.86 1.86 0.01
harikrishna shamjibhai ch... 3.96 3.56 0.17 0.17 0.06
harikrushna shamjibhai ch... 10.78 9.26 1.96 1.96 0.11
rekhaben harikrushnabhai ... 17.77 16.46 8.05 7.63 0.09
nayan vallabhbhai gadhiya... 1.58 0.27 - - -
pooja amit gadhiya 1.21 0.74 - - -
kantaben vallabhbhai gadh... 0.10 - - - -
narmadaben shamjibhai cha... 0.12 - - - -
priyanka harikrushnabhai ... 0.87 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 56.25 62.43 87.96 88.38 99.73
andan chaurasiya - - - - 5.68
ankit jain - - 1.45 1.49 1.59
mr mahammadfaruk hajibhai... - - - - 5.68
multiplier share & stock ... - - - - 3.82
setu securities private l... - - - - 2.54
statsol research llp - - - - 1.13
kushal nitinbhai patel 1.04 1.20 1.20 1.20 -
charmee nayan gadhiya 4.82 2.82 - - -
ilaben dineshbhai paghdar... 4.03 3.15 - - -
navneet vasharambhai gaje... 3.33 2.37 - - -
sahil jayntilal pambhar 3.65 1.13 - - -
sonal prakashkumar sorath... 6.41 5.39 - - -
anjanaben navneetbhai gaj... 1.92 - - - -
mehulkumar rajabhai parma... 1.12 - - - -

Ratings & Research Reports

Company Presentations

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Company News

Akshar Spintex informs about disclosure 23 Aug, 11:18 AM Akshar Spintex informs about press release 31 Jul, 3:06 PM Akshar Spintex - Quaterly Results 30 Jul, 4:13 PM Akshar Spintex - Quaterly Results 30 Jul, 4:13 PM Akshar Spintex - Quaterly Results 30 Jul, 4:13 PM Akshar Spintex submits board meeting intimation 22 Jul, 12:56 PM Akshar Spintex informs about resignation of CS cum CO 20 Jul, 12:01 PM Akshar Spintex informs about certificate 10 Jul, 12:25 PM Akshar Spintex informs about newspaper publication 21 May, 12:58 PM Akshar Spintex - Quaterly Results 20 May, 4:27 PM Akshar Spintex - Quaterly Results 20 May, 4:27 PM Akshar Spintex - Quaterly Results 20 May, 4:27 PM Akshar Spintex informs about outcome of board meeting 30 Apr, 5:39 PM Akshar Spintex informs about outcome of board meeting 22 Apr, 5:32 PM Akshar Spintex informs about resignation of secretarial auditor 22 Apr, 5:21 PM Akshar Spintex informs about certificate 9 Apr, 12:05 PM Akshar Spintex informs about disclosure 11 Mar, 5:20 PM Akshar Spintex informs about updates 4 Mar, 5:22 PM Akshar Spintex informs about outcome of board meeting 26 Feb, 10:44 AM Akshar Spintex informs about outcome of board meeting 17 Feb, 10:45 AM Akshar Spintex informs about disclosure 12 Feb, 4:11 PM Akshar Spintex informs about disclosure 12 Feb, 3:10 PM Akshar Spintex - Quaterly Results 30 Jan, 3:48 PM Akshar Spintex - Quaterly Results 30 Jan, 3:48 PM Akshar Spintex - Quaterly Results 30 Jan, 3:48 PM Akshar Spintex informs about disclosure 18 Jan, 11:54 AM Akshar Spintex informs about disclosure 3 Jan, 12:18 PM Akshar Spintex informs about disclosure 3 Jan, 12:10 PM Akshar Spintex informs about disclosure 23 Nov, 1:14 PM Akshar Spintex secures international order worth Rs 171 crore 23 Nov, 12:45 PM Akshar Spintex informs about disclosure 21 Nov, 3:34 PM Akshar Spintex - Quaterly Results 6 Nov, 5:28 PM Akshar Spintex - Quaterly Results 6 Nov, 5:28 PM Akshar Spintex informs about updates 6 Nov, 4:44 PM Akshar Spintex informs about certificate 18 Oct, 12:05 PM Akshar Spintex informs about newspaper publication 4 Sep, 5:11 PM Akshar Spintex informs about AGM 2 Sep, 4:09 PM Akshar Spintex submits annual report 2 Sep, 4:04 PM Akshar Spintex informs about resignation of CS cum CO 5 Jul, 12:37 PM Akshar Spintex informs about press release 9 Jun, 1:54 PM Akshar Spintex - Quaterly Results 27 May, 4:23 PM Akshar Spintex informs about annual secretarial compliance report 19 May, 11:11 AM Akshar Spintex informs about compliance certificate 20 Apr, 11:46 AM Akshar Spintex - Quaterly Results 10 Feb, 3:41 PM Akshar Spintex - Quaterly Results 10 Feb, 3:41 PM Akshar Spintex - Quaterly Results 10 Feb, 3:41 PM Akshar Spintex informs about disclosure 9 Dec, 5:13 PM Akshar Spintex informs about newspaper publication 16 Nov, 3:20 PM Akshar Spintex informs about press release 3 Sep, 3:07 PM Akshar Spintex informs about disclosure 14 Apr, 10:27 AM

Akshar Spintex Stock Price Analysis and Quick Research Report. Is Akshar Spintex an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Akshar Spintex stock price today is Rs 0.71. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Akshar Spintex . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Akshar Spintex has a PE ratio of 81.6091954022989 which is high and comparatively overvalued .

  • Share Price: - The current share price of Akshar Spintex is Rs 0.71. One can use valuation calculators of ticker to know if Akshar Spintex share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Akshar Spintex has ROA of 4.6059 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Akshar Spintex has a Current ratio of 1.5785 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Akshar Spintex has a ROE of 8.1754 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Akshar Spintex has a Debt to Equity ratio of 0.4325 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Akshar Spintex has reported revenue growth of 29.0404 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Akshar Spintex for the current financial year is 4.43285759129792 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Akshar Spintex is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Akshar Spintex is Rs 0.0087 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Akshar Spintex in Ticker for free. Also, one can get the intrinsic value of Akshar Spintex by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about Akshar Spintex
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