Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Acknit Industries
Join Channel
Consolidated Standalone

Acknit Industries

₹262.3 11.5 | 4.6%

Market Cap ₹80 Cr.

Stock P/E 10.2

P/B 1.1

Current Price ₹262.3

Book Value ₹ 248.1

Face Value 10

52W High ₹328

Dividend Yield 0.57%

52W Low ₹ 152.1

Edit Ratio

Acknit Industries Research see more...

Overview Inc. Year: 1990Industry: Textile

Acknit Industries Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Acknit Industries Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 39 56 58 64 74 63 48 50 56 46
Other Income 0 0 0 1 0 0 0 0 0 0
Total Income 39 56 58 65 74 63 48 50 56 46
Total Expenditure 36 52 53 60 69 59 43 46 52 42
Operating Profit 3 4 5 5 5 4 5 4 4 4
Interest 1 1 1 1 1 1 1 1 1 1
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 2 3 3 3 3 3 2 3 3
Provision for Tax 0 1 1 1 1 1 1 1 1 1
Profit After Tax 1 2 3 2 2 2 2 2 2 2
Adjustments -0 0 0 -0 0 0 0 0 0 0
Profit After Adjustments 1 2 3 2 2 2 2 2 2 2
Adjusted Earnings Per Share 3.8 6.1 8.4 7.8 7.9 6.8 7.6 5.1 6.3 6.6

Acknit Industries Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 97 134 149 161 159 161 172 170 172 216 238 200
Other Income 1 0 4 1 3 4 5 1 1 1 0 0
Total Income 98 135 153 161 162 165 177 171 172 217 239 200
Total Expenditure 90 127 143 150 150 153 164 158 158 200 220 183
Operating Profit 8 8 10 11 12 12 14 13 14 17 19 17
Interest 3 2 4 4 5 6 5 5 3 3 3 4
Depreciation 2 2 1 2 2 2 2 2 3 3 3 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 4 4 5 5 4 6 6 8 11 12 11
Provision for Tax 1 1 1 2 2 1 1 1 2 3 3 4
Profit After Tax 2 2 3 3 3 3 5 4 6 8 9 8
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 2 3 3 3 3 5 4 6 8 9 8
Adjusted Earnings Per Share 6.1 9.8 11.9 12 12.7 9.8 15.4 14.4 19.2 26.1 29.7 25.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 10% 12% 8% 9%
Operating Profit CAGR 12% 13% 10% 9%
PAT CAGR 13% 31% 25% 16%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 64% 33% 26% 26%
ROE Average 14% 13% 12% 11%
ROCE Average 13% 12% 12% 11%

Acknit Industries Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 23 25 27 30 34 41 45 49 54 62 70
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 7 6 7 10 8 10 9 7 6 4 0
Other Non-Current Liabilities 2 7 2 3 3 2 2 2 2 2 2
Total Current Liabilities 47 62 64 64 71 64 68 61 56 79 60
Total Liabilities 78 99 100 106 116 118 124 119 119 147 133
Fixed Assets 19 19 21 25 24 24 27 32 32 37 37
Other Non-Current Assets 1 6 4 2 3 5 3 4 6 4 3
Total Current Assets 58 74 75 78 88 89 95 84 82 106 93
Total Assets 78 99 100 106 116 118 124 119 119 147 133

Acknit Industries Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 1 2 2 0 1 1 1 1 0 0
Cash Flow from Operating Activities 1 -2 1 4 7 5 3 24 9 -8 25
Cash Flow from Investing Activities -3 -1 -5 -4 -2 -4 -2 -8 -3 -6 -3
Cash Flow from Financing Activities 2 4 5 -2 -5 -2 -2 -16 -6 14 -22
Net Cash Inflow / Outflow -0 1 0 -2 1 -1 0 -0 -0 -0 0
Closing Cash & Cash Equivalent 1 2 2 0 1 1 1 1 0 0 0

Acknit Industries Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 6.07 9.78 11.93 12.03 12.65 9.78 15.4 14.37 19.23 26.11 29.67
CEPS(Rs) 12.85 16.61 17.68 19.39 21.91 17.22 22.87 22.57 28.76 36.24 40.58
DPS(Rs) 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5
Book NAV/Share(Rs) 88.86 96.89 106.59 116.81 135.55 135.93 148.12 160.22 178.37 203.05 231.56
Core EBITDA Margin(%) 6.81 5.65 3.81 6.56 5.77 5.04 4.89 6.75 7.92 7.34 7.75
EBIT Margin(%) 6.06 4.65 5.47 5.8 6.04 6.03 6.51 6.13 6.54 6.45 6.39
Pre Tax Margin(%) 2.5 2.81 2.94 3.02 3.05 2.59 3.4 3.27 4.57 5.09 5.09
PAT Margin (%) 1.56 1.82 2.01 1.87 1.98 1.83 2.69 2.55 3.37 3.68 3.78
Cash Profit Margin (%) 3.31 3.09 2.97 3.02 3.44 3.23 4 4 5.04 5.11 5.17
ROA(%) 2.07 2.78 3.03 2.94 2.88 2.54 3.86 3.59 4.92 5.98 6.45
ROE(%) 7 10.53 11.73 10.77 10.03 7.87 10.85 9.32 11.36 13.69 13.65
ROCE(%) 10.26 9.68 10.91 11.24 10.95 10.43 11.33 10.54 11.61 12.45 12.85
Receivable days 54.3 50.66 52.88 50.92 61.64 66.6 62.74 55.58 48.14 46.44 45.36
Inventory Days 87.98 78.05 82.34 86.21 90.56 92.04 89.79 99.21 98.82 92.28 93.46
Payable days 45.95 54.73 53.79 45.18 55.7 62.17 52.4 54.27 45.85 41.65 35.87
PER(x) 4.24 3.47 4.35 6.9 7.82 9.62 5.88 3.01 4.75 5.17 4.69
Price/Book(x) 0.29 0.35 0.49 0.71 0.73 0.69 0.61 0.27 0.51 0.66 0.6
Dividend Yield(%) 5.83 4.42 2.89 1.81 1.52 1.59 1.66 3.46 1.64 1.11 1.08
EV/Net Sales(x) 0.46 0.38 0.43 0.48 0.5 0.51 0.49 0.35 0.42 0.48 0.35
EV/Core EBITDA(x) 5.77 6.32 6.68 6.81 6.65 6.79 6.24 4.57 5.09 6.04 4.55
Net Sales Growth(%) 8.49 39.03 10.74 8.1 -1.08 1.28 6.8 -1.21 1.11 25.51 10.58
EBIT Growth(%) 8.38 5.98 30.29 14.57 3.35 0.68 15.7 -6.97 7.87 22.51 9.63
PAT Growth(%) 3.13 61.12 21.97 0.82 5.17 -6.77 57.56 -6.73 33.84 35.79 13.63
EPS Growth(%) 3.13 61.11 21.97 0.82 5.17 -22.72 57.56 -6.73 33.84 35.79 13.63
Debt/Equity(x) 1.7 1.8 2 1.89 1.66 1.32 1.3 0.97 0.83 1.01 0.61
Current Ratio(x) 1.25 1.19 1.18 1.22 1.25 1.39 1.39 1.37 1.46 1.34 1.56
Quick Ratio(x) 0.69 0.68 0.61 0.59 0.7 0.73 0.76 0.55 0.68 0.52 0.6
Interest Cover(x) 1.7 2.53 2.16 2.09 2.02 1.75 2.09 2.14 3.31 4.76 4.91
Total Debt/Mcap(x) 5.91 5.19 4.14 2.69 2.29 1.91 2.13 3.59 1.63 1.51 1.02

Acknit Industries Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 50.34 50.34 50.34 50.34 50.34 50.34 50.34 50.34 50.34 50.34
FII 0.44 0.44 0.44 0.44 0.44 0.44 0.44 0.34 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 49.22 49.22 49.22 49.22 49.22 49.22 49.22 49.32 49.66 49.66
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 24% CAGR over last 5 years
  • Debtor days have improved from 41.65 to 35.87days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 13% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Acknit Industries News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!