A.K.Capital Services Ltd
A.K. Capital Services Limited, incorporated in 1993, is a Flagship Company of the A.K.Group, and is registered with SEBI as a Category I Merchant Banker. It is primarily engaged in providing various fee-based services such as fund mobilisation through issue of debt, structured hybrid instruments, pass through certificates, direct assignments etc. [1]
- Market Cap ₹ 595 Cr.
- Current Price ₹ 902
- High / Low ₹ 1,160 / 410
- Stock P/E 6.90
- Book Value ₹ 1,328
- Dividend Yield 1.33 %
- ROCE 8.77 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.68 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.26% over past five years.
- Company has a low return on equity of 11.2% over 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.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
195 | 194 | 242 | 252 | 242 | 336 | 330 | 421 | 313 | 288 | 322 | 407 | 489 | |
129 | 89 | 134 | 116 | 102 | 141 | 98 | 169 | 126 | 101 | 114 | 150 | 188 | |
Operating Profit | 66 | 104 | 109 | 136 | 140 | 195 | 232 | 252 | 187 | 187 | 208 | 256 | 300 |
OPM % | 34% | 54% | 45% | 54% | 58% | 58% | 70% | 60% | 60% | 65% | 65% | 63% | 61% |
4 | 3 | 3 | 3 | 3 | 3 | -0 | -0 | 0 | 1 | 1 | 0 | 1 | |
Interest | 9 | 37 | 56 | 77 | 81 | 106 | 138 | 153 | 115 | 83 | 92 | 131 | 179 |
Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 8 | 8 |
Profit before tax | 59 | 69 | 53 | 59 | 59 | 89 | 91 | 97 | 65 | 98 | 109 | 118 | 114 |
Tax % | 35% | 33% | 33% | 30% | 30% | 35% | 30% | 26% | 21% | 24% | 24% | 25% | |
38 | 46 | 35 | 41 | 42 | 58 | 63 | 72 | 51 | 75 | 83 | 88 | 87 | |
EPS in Rs | 57.65 | 69.74 | 53.32 | 62.33 | 63.00 | 87.02 | 95.30 | 108.15 | 77.29 | 112.73 | 124.65 | 132.77 | 130.74 |
Dividend Payout % | 10% | 9% | 11% | 10% | 10% | 7% | 6% | 6% | 8% | 5% | 6% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 4% |
3 Years: | 9% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 20% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 23% |
3 Years: | 31% |
1 Year: | 90% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 270 | 311 | 341 | 377 | 414 | 471 | 517 | 578 | 608 | 677 | 753 | 833 | 870 |
201 | 425 | 600 | 823 | 1,385 | 2,002 | 1,887 | 1,878 | 881 | 1,391 | 1,845 | 2,164 | 2,660 | |
87 | 30 | 43 | 30 | 49 | 26 | 82 | 102 | 85 | 86 | 109 | 114 | 121 | |
Total Liabilities | 565 | 772 | 992 | 1,237 | 1,855 | 2,506 | 2,493 | 2,565 | 1,581 | 2,161 | 2,714 | 3,118 | 3,657 |
43 | 45 | 52 | 49 | 48 | 52 | 73 | 67 | 71 | 66 | 78 | 70 | 76 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 |
Investments | 158 | 146 | 391 | 762 | 928 | 1,118 | 828 | 791 | 591 | 1,098 | 1,462 | 1,838 | 2,343 |
364 | 581 | 549 | 426 | 879 | 1,336 | 1,592 | 1,708 | 919 | 998 | 1,171 | 1,210 | 1,238 | |
Total Assets | 565 | 772 | 992 | 1,237 | 1,855 | 2,506 | 2,493 | 2,565 | 1,581 | 2,161 | 2,714 | 3,118 | 3,657 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-155 | -200 | 3 | 103 | -425 | -540 | 345 | 25 | 966 | -91 | -119 | 45 | |
-3 | 54 | -149 | -257 | -49 | 28 | -139 | 133 | 288 | -418 | -218 | -230 | |
160 | 183 | 115 | 144 | 478 | 508 | -210 | -152 | -1,163 | 425 | 356 | 177 | |
Net Cash Flow | 2 | 37 | -31 | -9 | 4 | -3 | -3 | 6 | 91 | -85 | 20 | -8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 136 | 59 | 57 | 30 | 74 | 24 | 4 | 7 | 2 | 5 | 6 | 5 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 136 | 59 | 57 | 30 | 74 | 24 | 4 | 7 | 2 | 5 | 6 | 5 |
Working Capital Days | 481 | 937 | 710 | 468 | 1,045 | 1,235 | 616 | 784 | 562 | 744 | 737 | 472 |
ROCE % | 18% | 17% | 13% | 13% | 9% | 9% | 9% | 10% | 9% | 10% | 8% | 9% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024 24 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 23 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended On March 31, 2024 12 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024
- Intimation Of Change In Indirect Shareholding/Stake In A. K. Alternative Asset Managers Private Limited, Step Down Subsidiary. 4 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Service Offering
Investment Banking - Private / Public Placement of Bonds/NCDs, CPS Placement of Masala Bonds, Loan Syndication, QIPs, Foreign Institutional Debt Financing
Broking and Distribution - Institutional & HNI stock Broking, Wholesale, Debt market operations in G-Sec and Corporate Bonds, Depository Services, Retail Distribution of Fixed income products, Market making in fixed income securities.
Advisory services - Debt Portfolio management services, Investment Advisory, Private wealth management, Asset management, Retirement Trust solutions
Financing - Project Financing, SME financing, Real estate funding, etc.
Structured products - Corporate debt restructuring, Structured financing, etc.[1]