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Acknit Industries share price

Acknit Industries Ltd.

BSE: 530043 SECTOR: Textile  6544   9   2

315.95
-2.45 (-0.77%)
BSE: 26 Jul 04:01 PM

Price Summary

Today's High

₹ 332

Today's Low

₹ 307

52 Week High

₹ 369.45

52 Week Low

₹ 198

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

96.05 Cr.

Enterprise Value

138.25 Cr.

No. of Shares

0.3 Cr.

P/E

11.23

P/B

1.22

Face Value

₹ 10

Div. Yield

0.47 %

Book Value (TTM)

₹  259.23

CASH

0.79 Cr.

DEBT

42.99 Cr.

Promoter Holding

50.34 %

EPS (TTM)

₹  28.13

Sales Growth

10.58%

ROE

13.65 %

ROCE

12.85%

Profit Growth

13.63 %

* 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 Year10.58%
3 Year11.96%
5 Year8.17%

Profit Growth

1 Year13.63%
3 Year27.35%
5 Year24.86%

ROE%

1 Year13.65%
3 Year12.9%
5 Year11.77%

ROCE %

1 Year12.85%
3 Year12.3%
5 Year11.76%

Debt/Equity

0.6107

Price to Cash Flow

3.78

Interest Cover Ratio

4.91210314262691

CFO/PAT (5 Yr. Avg.)

1.70796867307744

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2024 50.34 0
Mar 2024 50.34 0
Dec 2023 50.34 26.14
Sep 2023 50.34 26.14
Jun 2023 50.34 26.14
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 27.3461255856029% for the Past 3 years.
  • The company has significantly decreased its debt by 19.0825 Cr.
  • Company’s PEG ratio is 0.823976824665971.
  • The company has a good cash flow management; CFO/PAT stands at 1.70796867307744.
  • The company has a high promoter holding of 50.34%.

 Limitations

  • The company has shown a poor revenue growth of 11.9586943560636% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 52.98 49.85 56.03 46.33 68.45
Total Expenditure 48.47 46.46 52.06 42.32 62.94
Operating Profit 4.52 3.39 3.97 4.02 5.51
Other Income 0.04 0.14 0.04 0.03 0.04
Interest 0.59 0.6 0.65 0.53 0.61
Depreciation 0.87 0.82 0.84 0.84 0.79
Exceptional Items 0 0 0 0 0
Profit Before Tax 3.11 2.11 2.53 2.67 4.15
Tax 0.85 0.55 0.61 0.67 1.07
Profit After Tax 2.26 1.56 1.92 2 3.08
Adjusted EPS (Rs) 7.42 5.13 6.31 6.58 10.12

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 172.01 169.92 171.81 215.65 238.47
Total Expenditure 163.52 158.36 158.07 199.83 219.98
Operating Profit 8.5 11.57 13.74 15.82 18.49
Other Income 5.08 1.44 0.5 1.16 0.07
Interest 5.4 4.91 3.42 2.92 3.1
Depreciation 2.27 2.49 2.9 3.08 3.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.9 5.6 7.92 10.98 12.14
Tax 1.22 1.24 2.08 3.05 3.12
Net Profit 4.68 4.37 5.85 7.94 9.02
Adjusted EPS (Rs.) 15.4 14.37 19.23 26.11 29.67

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.04 3.04 3.04 3.04 3.04
Total Reserves 41.99 45.67 51.18 58.69 67.35
Borrowings 8.63 7.26 6.27 3.53 0.24
Other N/C liabilities 2.37 2.22 2.19 2.39 2.37
Current liabilities 68.25 61.06 55.91 79.43 59.55
Total Liabilities 124.29 119.24 118.59 147.07 132.56
Assets
Net Block 26.86 31.88 31.52 37.04 37.09
Capital WIP 0.66 1.48 3.05 0.68 0.04
Intangible WIP 0 0 0 0 0
Investments 0.01 0.01 0.01 0.01 0
Loans & Advances 1.67 1.95 1.98 2.54 2.52
Other N/C Assets 0.41 0.4 0.5 0.43 0.24
Current Assets 94.67 83.53 81.53 106.37 92.68
Total Assets 124.29 119.24 118.59 147.07 132.56
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 5.47 5.6 7.92 10.98 12.14
Adjustment 7.16 6.92 5.88 4.85 6.24
Changes in Assets & Liabilities -7.78 13.06 -2.9 -20.67 10.29
Tax Paid -1.39 -1.43 -1.91 -2.79 -3.26
Operating Cash Flow 3.47 24.16 9 -7.63 25.41
Investing Cash Flow -1.79 -8.41 -3.23 -6.28 -2.99
Financing Cash Flow -1.64 -15.9 -6.08 13.69 -22.35
Net Cash Flow 0.04 -0.14 -0.31 -0.23 0.07

Corporate Actions

Investors Details

PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
promoters 50.34 50.34 50.34 50.34 50.34
abhishek saraf 4.73 4.73 4.73 4.73 4.73
aditya saraf 1.37 1.37 1.37 1.37 1.37
deo kishan saraf 7.52 7.52 7.52 7.52 7.52
deo kishan saraf (huf) 4.48 4.48 4.48 4.48 4.48
kusum saraf 5.61 5.61 5.61 5.61 5.61
rashi saraf 2.80 2.80 2.80 2.80 2.80
ritula saraf 2.23 2.23 2.23 2.23 2.23
saraf capital markets ltd... 2.80 2.80 2.80 2.80 2.80
shri krishan saraf 14.27 14.27 14.27 14.27 14.27
shri krishan saraf (huf) 4.53 4.53 4.53 4.53 4.53
PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
investors 49.66 49.66 49.66 49.66 49.66
alps viniyog private limi... 3.83 3.83 3.83 3.83 3.83
gopi krishan saraf huf 2.01 2.01 2.01 2.01 2.01
llp 0.02 0.02 0.44 0.08 0.08
mahendra girdharilal wadh... - - - 1.26 1.26
pannu bhansali - - 1.07 1.07 1.07
pbs investments private l... 4.93 4.93 4.93 4.93 4.93
shree viniyog pvt ltd. 3.85 3.85 3.85 3.85 3.85
sri krishna viniyog priva... 3.83 3.83 3.83 3.83 3.83
investor education and pr... 1.19 - - 1.19 -
investor education and pr... - 1.19 1.19 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Acknit Industries informs about certificate23 Jul 2024, 5:30PM Acknit Industries informs about disclosure 20 Jul 2024, 12:11PM Acknit Industries - Quaterly Results22 May 2024, 6:31PM Acknit Industries - Quaterly Results22 May 2024, 6:31PM Acknit Industries informs about compliance certificate8 Apr 2024, 5:29PM Acknit Industries informs about disclosure 23 Mar 2024, 11:05AM Acknit Industries informs about loss of share certificate29 Feb 2024, 5:17PM Acknit Industries - Quaterly Results12 Feb 2024, 5:21PM Acknit Industries - Quaterly Results12 Feb 2024, 5:21PM Acknit Industries informs about clarification1 Nov 2023, 5:03PM Acknit Industries - Quaterly Results11 Aug 2023, 4:27PM Acknit Industries - Quaterly Results17 May 2023, 5:22PM Acknit Industries - Quaterly Results17 May 2023, 5:22PM Acknit Industries informs about compliance certificate26 Apr 2023, 9:57AM Acknit Industries - Quaterly Results10 Feb 2023, 5:09PM Acknit Industries - Quaterly Results10 Feb 2023, 5:09PM Acknit Industries informs about annual report5 Sep 2022, 10:20AM Acknit Industries informs about trading window closure31 Mar 2022, 12:28PM Acknit Industries informs about credit rating3 Mar 2022, 5:10PM Acknit Industries informs about credit rating 2 Mar 2022, 5:14PM Acknit Industries - Quaterly Results11 Feb 2022, 5:10PM Acknit Industries informs about secretarial compliance report29 Jun 2021, 4:07PM Acknit Industries informs about secretarial compliance report8 Jul 2020, 10:31AM Acknit Industries informs about revised certificate7 Apr 2020, 4:16PM

Acknit Industries Stock Price Analysis and Quick Research Report. Is Acknit Industries 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. 

Acknit Industries stock price today is Rs 315.95. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Acknit Industries . 

  • 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). Acknit Industries has a PE ratio of 11.2311422030741 which is low and comparatively undervalued .

  • Share Price: - The current share price of Acknit Industries is Rs 315.95. One can use valuation calculators of ticker to know if Acknit Industries 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. Acknit Industries has ROA of 6.45141909977953 % 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. Acknit Industries has a Current ratio of 1.55619551053855 .

  • 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. Acknit Industries has a ROE of 13.6542707345447 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Acknit Industries has a Debt to Equity ratio of 0.6107 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Acknit Industries has reported revenue growth of 10.5803844065367 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Acknit Industries for the current financial year is 7.75275748976699 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Acknit Industries is Rs 1.5 and the yield is 0.4706 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Acknit Industries is Rs 28.1316 . The higher the EPS, the better it is for investors. 

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

Last Updated on:
Brief about Acknit Industries
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