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Acknit Industries Overview

Acknit Industries Limited, an ISO 9001:2015 certified company, has evolved as one of India’s leading PPE (Personal Protective Equipment) providers. Producing high-quality gloves and garments with a monthly production capacity of over three million pairs. Acknit Industries focuses on safety-critical and industry-compliant products, safeguarding workers worldwide. Acknit is having three different manufacturing divisions near Kolkata namely, gloves division, industrial leather with their own tanning facilities and an industrial garments div...Read More

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Acknit Industries Key Financials

Market Cap ₹92 Cr.

Stock P/E 10.3

P/B 1

Current Price ₹304

Book Value ₹ 300.7

Face Value 10

52W High ₹344

Dividend Yield 0.49%

52W Low ₹ 220

Acknit Industries Share Price

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Volume
Price

Acknit Industries Quarterly Price

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Acknit Industries Peer Comparison

Acknit Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 56 46 68 57 62 55 65 55 67 51
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 56 46 68 57 62 55 66 55 67 52
Total Expenditure 52 42 63 53 58 52 60 51 63 48
Operating Profit 4 4 6 4 4 4 6 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 3 3 4 3 3 2 4 2 2 2
Provision for Tax 1 1 1 1 1 0 1 1 1 0
Profit After Tax 2 2 3 2 2 2 3 2 1 1
Adjustments 0 0 -0 0 0 -0 0 0 0 0
Profit After Adjustments 2 2 3 2 2 2 3 2 1 1
Adjusted Earnings Per Share 6.3 6.6 10.1 6.5 6.8 5.8 10.4 5.6 4.6 4.8

Acknit Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 149 161 159 161 172 170 172 216 238 221 240 238
Other Income 4 1 3 4 5 1 1 1 0 0 0 0
Total Income 153 161 162 165 177 171 172 217 239 221 241 240
Total Expenditure 143 150 150 153 164 158 158 200 220 203 222 222
Operating Profit 10 11 12 12 14 13 14 17 19 17 19 18
Interest 4 4 5 6 5 5 3 3 3 3 3 4
Depreciation 1 2 2 2 2 2 3 3 3 3 3 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 5 5 4 6 6 8 11 12 11 12 10
Provision for Tax 1 2 2 1 1 1 2 3 3 3 3 3
Profit After Tax 3 3 3 3 5 4 6 8 9 9 9 7
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 3 3 3 5 4 6 8 9 9 9 7
Adjusted Earnings Per Share 11.9 12 12.7 9.8 15.4 14.4 19.2 26.1 29.7 28.1 29.6 25.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 9% 4% 7% 5%
Operating Profit CAGR 12% 4% 8% 7%
PAT CAGR 0% 4% 18% 12%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 37% 29% 26% 12%
ROE Average 11% 12% 12% 11%
ROCE Average 11% 12% 12% 11%

Acknit Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 27 30 34 41 45 49 54 62 70 79 87
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 7 10 8 10 9 7 6 4 0 0 1
Other Non-Current Liabilities 2 3 3 2 2 2 2 2 2 2 2
Total Current Liabilities 64 64 71 64 68 61 56 79 60 74 79
Total Liabilities 100 106 116 118 124 119 119 147 133 156 170
Fixed Assets 21 25 24 24 27 32 32 37 37 35 35
Other Non-Current Assets 4 2 3 5 3 4 6 4 3 7 10
Total Current Assets 75 78 88 89 95 84 82 106 93 114 125
Total Assets 100 106 116 118 124 119 119 147 133 156 170

Acknit Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 0 1 1 1 1 0 0 0 1
Cash Flow from Operating Activities 1 4 7 5 3 24 9 -8 25 -9 10
Cash Flow from Investing Activities -5 -4 -2 -4 -2 -8 -3 -6 -3 -4 -7
Cash Flow from Financing Activities 5 -2 -5 -2 -2 -16 -6 14 -22 13 -3
Net Cash Inflow / Outflow 0 -2 1 -1 0 -0 -0 -0 0 0 -0
Closing Cash & Cash Equivalent 2 0 1 1 1 1 0 0 0 1 0

Acknit Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 11.93 12.03 12.65 9.78 15.4 14.37 19.23 26.11 29.67 28.13 29.59
CEPS(Rs) 17.68 19.39 21.91 17.22 22.87 22.57 28.76 36.24 40.58 38.97 40.49
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) 106.59 116.81 135.55 135.93 148.12 160.22 178.37 203.05 231.56 259.23 287.15
Core EBITDA Margin(%) 3.81 6.56 5.77 5.04 4.89 6.75 7.92 7.34 7.75 7.81 7.55
EBIT Margin(%) 5.47 5.8 6.04 6.03 6.51 6.13 6.54 6.45 6.39 6.43 6.37
Pre Tax Margin(%) 2.94 3.02 3.05 2.59 3.4 3.27 4.57 5.09 5.09 5.19 5.05
PAT Margin (%) 2.01 1.87 1.98 1.83 2.69 2.55 3.37 3.68 3.78 3.88 3.74
Cash Profit Margin (%) 2.97 3.02 3.44 3.23 4 4 5.04 5.11 5.17 5.37 5.12
ROA(%) 3.03 2.94 2.88 2.54 3.86 3.59 4.92 5.98 6.45 5.94 5.52
ROE(%) 11.73 10.77 10.03 7.87 10.85 9.32 11.36 13.69 13.65 11.46 10.83
ROCE(%) 10.91 11.24 10.95 10.43 11.33 10.54 11.61 12.45 12.85 11.31 10.8
Receivable days 52.88 50.92 61.64 66.6 62.74 55.58 48.14 46.44 45.36 51.38 49.44
Inventory Days 82.34 86.21 90.56 92.04 89.79 99.21 98.82 92.28 93.46 105.29 117.87
Payable days 53.79 45.18 55.7 62.17 52.4 54.27 45.85 41.65 35.87 35.52 39.27
PER(x) 4.35 6.9 7.82 9.62 5.88 3.01 4.75 5.17 4.69 7.93 7.83
Price/Book(x) 0.49 0.71 0.73 0.69 0.61 0.27 0.51 0.66 0.6 0.86 0.81
Dividend Yield(%) 2.89 1.81 1.52 1.59 1.66 3.46 1.64 1.11 1.08 0.67 0.65
EV/Net Sales(x) 0.43 0.48 0.5 0.51 0.49 0.35 0.42 0.48 0.35 0.57 0.54
EV/Core EBITDA(x) 6.68 6.81 6.65 6.79 6.24 4.57 5.09 6.04 4.55 7.19 6.92
Net Sales Growth(%) 10.74 8.1 -1.08 1.28 6.8 -1.21 1.11 25.51 10.58 -7.47 8.94
EBIT Growth(%) 30.29 14.57 3.35 0.68 15.7 -6.97 7.87 22.51 9.63 -6.97 7.93
PAT Growth(%) 21.97 0.82 5.17 -6.77 57.56 -6.73 33.84 35.79 13.63 -5.19 5.18
EPS Growth(%) 21.97 0.82 5.17 -22.72 57.56 -6.73 33.84 35.79 13.63 -5.19 5.18
Debt/Equity(x) 2 1.89 1.66 1.32 1.3 0.97 0.83 1.01 0.61 0.74 0.67
Current Ratio(x) 1.18 1.22 1.25 1.39 1.39 1.37 1.46 1.34 1.56 1.53 1.57
Quick Ratio(x) 0.61 0.59 0.7 0.73 0.76 0.55 0.68 0.52 0.6 0.59 0.51
Interest Cover(x) 2.16 2.09 2.02 1.75 2.09 2.14 3.31 4.76 4.91 5.21 4.85
Total Debt/Mcap(x) 4.14 2.69 2.29 1.91 2.13 3.59 1.63 1.51 1.02 0.86 0.83

Acknit Industries Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 50.34 50.34 50.34 50.34 50.34 54.13 54.13 54.13 54.13 54.13
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 49.66 49.66 49.66 49.66 49.66 45.87 45.87 45.87 45.87 45.87
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Acknit Industries News

Acknit Industries Pros & Cons

Pros

Cons

  • Company has a low return on equity of 12% over the last 3 years.
  • Debtor days have increased from 35.52 to 39.27days.
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