Alankit

₹17.5 0.8 | 4.7%

WEBSITE BSE:531082 NSE : ALANKIT 10 May, 16:01

Market Cap ₹474 Cr.

Stock P/E 20.0

P/B 1.8

Current Price ₹17.5

Book Value ₹ 10

Face Value 1

52W High ₹23.6

Dividend Yield 0%

52W Low ₹ 8.7

Edit Ratio

Alankit Research see more...

Overview Inc. Year: 1989Industry: Finance - Stock Broking

Alankit Ltd is a prominent Indian company engaged in the provision of financial and e-governance services. With its headquarters in Delhi, India, Alankit offers a wide range of services to individuals, businesses, and government entities. The company specializes in services like e-governance, financial distribution, digital signature certificates, GST compliance, taxation, healthcare services, and insurance broking. Alankit Ltd has established a strong presence in the market through its extensive network of branches and business associates across India. It serves a diverse clientele, including retail investors, corporates, government agencies, and individual taxpayers. The company is known for its commitment to technological innovation, efficient service delivery, and strict adherence to regulatory compliance. Alankit Ltd has gained recognition for its expertise in providing secure and reliable financial and e-governance solutions. It continues to expand its portfolio of services and explore new opportunities in the evolving digital landscape to meet the changing needs of its clients.

Alankit Share Price

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Peer Comparison

Alankit 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	33	34	29	34	13	116	148	49	43	53
Other Income	2	1	3	2	13	-7	2	2	2	6
Total Income	35	35	32	36	26	109	150	51	46	58
Total Expenditure	30	27	34	27	28	105	140	43	39	49
Operating Profit	5	8	-2	9	-1	4	10	8	7	9
Interest	0	1	0	0	0	1	0	0	1	1
Depreciation	2	2	2	2	2	2	2	2	2	2
Exceptional Income / Expenses	0	0	0	0	-50	0	0	0	0	0
Profit Before Tax	2	6	-5	6	-54	2	8	6	5	7
Provision for Tax	1	4	-1	2	-4	-3	2	1	2	-1
Profit After Tax	1	2	-4	5	-50	4	6	5	3	8
Adjustments	-0	-0	-0	-0	3	-1	-1	-0	-0	0
Profit After Adjustments	1	2	-4	4	-46	3	5	5	2	8
Adjusted Earnings Per Share	0.1	0.1	-0.3	0.3	-3.2	0.2	0.2	0.2	0.1	0.4

Alankit Profit & Loss

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	3	30	85	105	130	156	115	128	312	293
Other Income	2	1	2	4	8	7	3	9	10	12
Total Income	4	31	87	109	138	164	118	137	322	305
Total Expenditure	3	22	64	76	110	132	96	117	299	271
Operating Profit	1	9	23	33	28	31	23	20	23	34
Interest	0	0	1	3	2	3	4	3	2	2
Depreciation	0	3	1	4	4	5	4	9	8	8
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	-50	0
Profit Before Tax	1	5	20	26	22	23	15	8	-38	26
Provision for Tax	1	2	7	4	8	9	3	6	-3	4
Profit After Tax	0	4	13	22	14	14	11	3	-35	22
Adjustments	0	0	0	0	0	0	-1	-1	1	-1
Profit After Adjustments	0	4	13	22	14	14	10	2	-34	20
Adjusted Earnings Per Share	0	0.3	0.9	1.5	1	1	0.7	0.2	-1.5	0.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	144%	26%	24%	0%
Operating Profit CAGR	15%	-9%	-7%	0%
PAT CAGR	-1267%	NAN%	NAN%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	75%	5%	-12%	13%
ROE Average	-24%	-3%	6%	13%
ROCE Average	-22%	1%	13%	20%

Alankit Balance Sheet

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	32	35	47	63	73	88	94	133	161
Minority's Interest	0	0	0	4	3	3	4	11	20
Borrowings	0	0	0	0	8	8	9	7	7
Other Non-Current Liabilities	-0	14	17	20	23	27	21	18	12
Total Current Liabilities	1	2	14	39	33	47	37	91	102
Total Liabilities	33	51	78	126	140	172	165	261	302
Fixed Assets	1	28	26	36	55	50	68	87	56
Other Non-Current Assets	1	1	17	27	20	22	7	49	34
Total Current Assets	30	22	35	62	65	99	91	125	213
Total Assets	33	51	78	126	140	172	165	261	302

Alankit Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	11	12	20	22	23	15	7	22
Cash Flow from Operating Activities	2	18	2	28	19	-9	-2	2	-49
Cash Flow from Investing Activities	-4	-29	-1	-27	-22	4	-3	-27	-19
Cash Flow from Financing Activities	11	12	2	1	4	-2	-3	41	63
Net Cash Inflow / Outflow	10	1	3	2	0	-7	-8	15	-6
Closing Cash & Cash Equivalent	11	12	15	22	23	15	7	22	17

Alankit Ratios

#	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.03	0.26	0.93	1.52	0.98	0.98	0.69	0.16	-1.5
CEPS(Rs)	0.03	0.5	1.03	1.77	1.29	1.34	1.08	0.81	-1.19
DPS(Rs)	0.1	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0
Book NAV/Share(Rs)	2.2	2.45	3.21	4.37	5.09	6.13	6.6	9.32	7.17
Core EBITDA Margin(%)	-27.21	25.54	25.09	27.53	15.83	15.26	16.65	8.68	4.02
EBIT Margin(%)	39.31	17.85	25.38	27.79	18.43	16.64	15.82	8.54	-11.53
Pre Tax Margin(%)	39.11	17.74	23.86	24.51	16.6	14.42	12.67	6.55	-12.31
PAT Margin (%)	13.48	12.5	15.6	20.69	10.75	8.94	9.63	2.24	-11.27
Cash Profit Margin (%)	17.44	24.02	17.32	24.06	14.19	12.3	13.45	9.03	-8.55
ROA(%)	1.05	8.82	20.54	21.36	10.53	8.96	6.57	1.35	-12.47
ROE(%)	1.08	11.13	32.79	40.13	20.69	17.4	12.17	2.52	-23.88
ROCE(%)	3.15	15.89	50.24	49.39	31.15	27.73	17.42	8.34	-21.88
Receivable days	105.66	40.33	39.64	46.38	58.49	76.73	115.2	115.02	67.07
Inventory Days	194.72	21.01	11.59	10.79	16.71	16.08	14.57	11.92	5.12
Payable days	287.36	47.18	51.68	737.46	690.8	243.29	459.87	205.07	36.15
PER(x)	415.44	97.64	25.3	27.75	32.5	10.86	22.95	80.22	0
Price/Book(x)	4.9	10.3	7.32	9.66	6.25	1.73	2.4	1.42	1.02
Dividend Yield(%)	0.46	0.4	0.85	0.47	0.63	1.89	1.26	1.51	0
EV/Net Sales(x)	56.67	11.81	3.83	5.57	3.42	0.96	2.03	1.46	0.51
EV/Core EBITDA(x)	130.99	40.22	14.14	17.89	15.66	4.78	10.32	9.54	7.08
Net Sales Growth(%)	0	1074.27	187.35	23.53	23.8	19.98	-26.33	11.42	143.22
EBIT Growth(%)	0	433.16	308.71	35.25	-17.9	8.3	-29.93	-39.86	-428.37
PAT Growth(%)	0	989.11	258.59	63.76	-35.66	-0.22	-20.66	-74.07	-1323.5
EPS Growth(%)	0	900	258.57	63.76	-35.66	-0.21	-29.26	-76.14	-1011.65
Debt/Equity(x)	0	0	0.11	0.08	0.19	0.15	0.15	0.16	0.08
Current Ratio(x)	21.33	9.94	2.5	1.61	1.99	2.11	2.46	1.37	2.09
Quick Ratio(x)	20.36	9	2.26	1.53	1.72	2.01	2.34	1.33	2.04
Interest Cover(x)	203.27	160.62	16.63	8.46	10.07	7.51	5.02	4.29	-14.88
Total Debt/Mcap(x)	0	0	0.01	0.01	0.03	0.09	0.06	0.11	0.08

Alankit Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	54.86	54.86	54.86	54.86	54.86	52.02	52.02	52.02	52.02	54.15
FII	0.82	0.36	0.04	0.02	0	0	0	0.07	0.86	0.37
DII	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Public	44.3	44.76	45.08	45.1	45.12	47.96	47.96	47.89	47.1	45.47
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	7.84	7.84	7.84	7.84	7.84	11.68	11.68	11.68	11.68	14.68
FII	0.12	0.05	0.01	0	0	0	0	0.02	0.19	0.1
DII	0	0	0	0	0	0	0	0	0	0
Public	6.33	6.4	6.44	6.45	6.45	10.77	10.77	10.75	10.58	12.33
Others	0	0	0	0	0	0	0	0	0	0
Total	14.3	14.3	14.3	14.3	14.3	22.46	22.46	22.46	22.46	27.12

Pros

Debtor days have improved from 205.07 to 36.15days.
Company is almost debt free.

Cons

Company has a low return on equity of -3% 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.