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

  • Home
  • /
  • Akshar Spintex
Join Channel
Consolidated Standalone

Akshar Spintex

₹2.5 0 | 0.4%

Market Cap ₹75 Cr.

Stock P/E 12.7

P/B 1.6

Current Price ₹2.5

Book Value ₹ 1.6

Face Value 1

52W High ₹7

Dividend Yield 0%

52W Low ₹ 2.1

Edit Ratio

Akshar Spintex Research see more...

Overview Inc. Year: 2013Industry: Textile

Akshar Spintex Ltd engages in the manufacturing and trading of spun cotton yarns usually in India. It gives cotton, natural and BCI licensed, carded, semi combed, and combed cotton yarns; and slub, core spun, viscose, modal, and excel fiber merchandise; TFO, Eli twist, fancy, melange, mixed, BCI licensed, and organic yarns. The organisation was incorporated in 2013 and is based in Rajkot, India.

Read More..

Akshar Spintex Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Akshar Spintex Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 44 47 47 48 19 31 37 38 44 45
Other Income 1 1 1 1 0 1 1 1 1 1
Total Income 45 48 48 49 19 32 38 39 44 45
Total Expenditure 44 43 43 46 25 30 35 37 42 43
Operating Profit 1 5 5 3 -6 2 3 3 3 2
Interest 1 1 1 0 0 0 0 0 0 0
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 -0 3 3 2 -8 0 2 1 1 1
Provision for Tax -0 -0 3 0 -0 -0 -2 0 0 0
Profit After Tax -0 3 0 1 -8 0 3 1 1 1
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments -0 3 0 1 -8 0 3 1 1 1
Adjusted Earnings Per Share -0 0.1 0 0 -0.3 0 0.1 0 0 0

Akshar Spintex Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 0 18 64 86 93 101 109 110 172 136 164
Other Income 0 0 0 0 6 4 2 1 3 2 4
Total Income 0 18 64 86 100 105 111 112 176 138 166
Total Expenditure 0 14 52 77 85 95 108 105 159 136 157
Operating Profit 0 4 12 9 14 10 3 6 16 2 11
Interest 0 3 6 3 2 3 3 3 3 2 0
Depreciation 0 1 4 4 4 4 4 4 4 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -0 2 3 8 4 -5 -0 10 -4 5
Provision for Tax 0 1 2 0 -1 2 1 -1 3 -1 -2
Profit After Tax 0 -1 0 3 9 2 -6 1 7 -3 6
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 -1 0 3 9 2 -6 1 7 -3 6
Adjusted Earnings Per Share 0 -0 0 0.1 0.3 0.1 -0.2 0 0.2 -0.1 0.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -21% 8% 8% 0%
Operating Profit CAGR -88% -13% -32% 0%
PAT CAGR -143% 0% NAN% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -56% 43% 12% NA%
ROE Average -7% 5% 1% 4%
ROCE Average -4% 6% 5% 7%

Akshar Spintex Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 5 19 23 26 35 41 35 36 43 41
Minority's Interest 0 0 0 0 0 0 0 0 0 0
Borrowings 19 36 36 31 24 19 12 14 12 8
Other Non-Current Liabilities 0 1 2 2 2 4 4 3 1 -0
Total Current Liabilities 1 14 11 17 18 20 22 21 37 27
Total Liabilities 25 70 72 75 79 85 74 73 93 76
Fixed Assets 1 54 58 56 52 49 50 46 43 39
Other Non-Current Assets 12 0 0 1 1 6 2 2 1 1
Total Current Assets 11 16 14 18 25 29 23 25 49 36
Total Assets 25 70 72 75 79 85 74 73 93 76

Akshar Spintex Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 2 3 0 0 0 0 0 0 0
Cash Flow from Operating Activities -8 10 12 6 7 9 8 6 3 10
Cash Flow from Investing Activities -13 -44 -8 -1 -0 -5 -0 -1 -1 -0
Cash Flow from Financing Activities 24 35 -5 -5 -7 -3 -8 -6 -2 -10
Net Cash Inflow / Outflow 2 1 -2 -0 0 0 -0 -0 -0 -0
Closing Cash & Cash Equivalent 2 3 1 0 0 0 0 0 0 0

Akshar Spintex Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 -0.04 0.01 0.09 0.3 0.07 -0.19 0.04 0.23 -0.09
CEPS(Rs) 0 0.02 0.13 0.22 0.43 0.2 -0.05 0.18 0.37 0.05
DPS(Rs) 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.5 0.79 0.81 0.9 1.2 1.36 1.17 1.21 1.44 1.35
Core EBITDA Margin(%) 0 22.48 18.72 10.41 8.4 5.98 0.62 4.66 7.55 -0.33
EBIT Margin(%) 0 15.87 13.26 6.12 11.2 6.46 -1.31 2.13 7.11 -1.72
Pre Tax Margin(%) 0 -0.29 3.36 3.13 8.64 3.82 -4.22 -0.16 5.61 -3.09
PAT Margin (%) 0 -4.77 0.36 2.99 9.19 2.23 -5.25 1.12 4.08 -2.04
Cash Profit Margin (%) 0 2.44 5.99 7.38 13.31 6.03 -1.49 4.87 6.53 1.11
ROA(%) 0 -1.79 0.32 3.5 11.13 2.75 -7.22 1.68 8.45 -3.27
ROE(%) 0 -8.24 1.07 10.46 28.28 5.96 -15.13 3.49 17.67 -6.59
ROCE(%) 0 6.5 12.9 7.79 14.91 8.93 -2.09 3.77 18.8 -3.67
Receivable days 0 42.59 11.66 16.15 21.1 18.42 15.99 12.7 4.43 17.73
Inventory Days 0 81.46 34.75 38.38 43.02 45.64 38.66 42.28 51.77 68.08
Payable days 0 59.95 18.02 13.7 18.47 21.42 22.36 27.03 28.04 43.04
PER(x) 0 0 0 0 0 25.08 0 18.71 19.93 0
Price/Book(x) 0 0 0 0 0 1.38 0.48 0.64 3.24 3.75
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 3.46 1.05 0.76 0.66 0.89 0.41 0.44 0.96 1.25
EV/Core EBITDA(x) 0 15.09 5.54 7.27 4.29 8.63 16.8 7.44 10.06 87.83
Net Sales Growth(%) 0 0 259.28 34.89 7.91 8.12 8.41 1.04 56.13 -21.25
EBIT Growth(%) 0 0 200.1 -37.68 97.4 -37.66 -121.98 264.43 421.05 -119.06
PAT Growth(%) 0 0 126.85 1031.82 231.64 -73.77 -355.57 121.68 465.28 -139.36
EPS Growth(%) 0 0 122.38 1031.82 231.63 -74.82 -355.56 121.68 465.28 -139.36
Debt/Equity(x) 12.5 2.35 1.9 1.62 1.08 0.81 0.81 0.69 0.59 0.43
Current Ratio(x) 12.98 1.11 1.32 1.08 1.41 1.42 1.02 1.23 1.33 1.31
Quick Ratio(x) 12.98 0.83 0.55 0.48 0.73 0.78 0.57 0.47 0.43 0.68
Interest Cover(x) 0 0.98 1.34 2.04 4.36 2.45 -0.45 0.93 4.75 -1.26
Total Debt/Mcap(x) 0 0 0 0 0 0.59 1.69 1.08 0.18 0.12

Akshar Spintex Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 49.19 50.49 50.6 50.62 43.75 43.75 43.75 43.75 37.57 12.04
FII 0 0 0 0.05 0.06 0 0 0 0.01 0.01
DII 0 0 0 0 0 0 0 0 0 0
Public 50.81 49.51 49.4 49.33 56.19 56.25 56.25 56.25 62.42 87.96
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 reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 12.04%.
  • Company has a low return on equity of 5% over the last 3 years.
  • Debtor days have increased from 28.04 to 43.04days.

* 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.

Akshar Spintex 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!