Acknit Industries Ltd

Acknit Indus. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Acknit Industries Ltd

₹ 294 1.73%
12 Jun - close price
acknitindia.com BSE: 530043
About

Incorporated in 1990, Acknit Industries Ltd is in the business of Industrial Hand Gloves and Garments[1]

Key Points

Business Overview:[1]
Company is in the business of manufacturing and export of industrial gloves and garments. The products are manufactured as per CE norms and over 90% productions are exported to Europe. Co is a recognized export house by government of India.

Website BSE
  • Market Cap ₹ 89.4 Cr.
  • Current Price ₹ 294
  • High / Low ₹ 344 / 225
  • Stock P/E 10.9
  • Book Value ₹ 313
  • Dividend Yield 0.51 %
  • ROCE 9.50 %
  • ROE 8.97 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.94 times its book value

Cons

  • The company has delivered a poor sales growth of 6.95% over past five years.
  • Company has a low return on equity of 10.3% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

Consumer Discretionary Textiles Textiles & Apparels Other Textile Products

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
52.98 49.85 56.03 46.33 68.45 57.23 62.39 55.28 65.47 55.25 66.80 51.50 66.88
48.46 46.46 52.05 42.31 62.94 52.99 58.06 51.60 59.80 51.30 63.14 47.82 60.51
Operating Profit 4.52 3.39 3.98 4.02 5.51 4.24 4.33 3.68 5.67 3.95 3.66 3.68 6.37
OPM % 8.53% 6.80% 7.10% 8.68% 8.05% 7.41% 6.94% 6.66% 8.66% 7.15% 5.48% 7.15% 9.52%
0.04 0.13 0.04 0.03 0.04 0.07 0.03 0.02 0.36 0.12 0.02 0.02 0.17
Interest 0.59 0.59 0.65 0.53 0.61 0.70 0.64 0.64 0.96 1.01 1.01 1.00 0.88
Depreciation 0.86 0.82 0.84 0.84 0.79 0.89 0.80 0.81 0.82 0.77 0.76 0.80 0.84
Profit before tax 3.11 2.11 2.53 2.68 4.15 2.72 2.92 2.25 4.25 2.29 1.91 1.90 4.82
Tax % 27.33% 26.07% 24.11% 25.00% 25.78% 27.21% 28.77% 21.33% 25.88% 25.76% 26.70% 23.16% 24.90%
2.26 1.56 1.92 2.00 3.07 1.98 2.08 1.77 3.16 1.71 1.41 1.46 3.61
EPS in Rs 7.43 5.13 6.32 6.58 10.10 6.51 6.84 5.82 10.39 5.62 4.64 4.80 11.88
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
149 161 159 160 172 170 172 216 238 221 240 240
143 149 150 152 163 158 158 200 220 203 222 223
Operating Profit 6 11 9 8 9 12 14 16 19 17 18 18
OPM % 4% 7% 6% 5% 5% 7% 8% 7% 8% 8% 8% 7%
4 0 3 4 5 1 0 1 0 0 0 0
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 3
Profit before tax 4 5 5 4 6 6 8 11 12 11 12 11
Tax % 32% 38% 35% 29% 21% 22% 26% 28% 26% 25% 26% 25%
3 3 3 3 5 4 6 8 9 9 9 8
EPS in Rs 11.94 12.02 12.66 9.77 15.39 14.38 19.24 26.12 29.67 28.12 29.61 26.91
Dividend Payout % 14% 14% 13% 15% 10% 10% 8% 6% 5% 5% 5% 6%
Compounded Sales Growth
10 Years: 4%
5 Years: 7%
3 Years: 0%
TTM: 0%
Compounded Profit Growth
10 Years: 11%
5 Years: 7%
3 Years: -3%
TTM: -9%
Stock Price CAGR
10 Years: 12%
5 Years: 21%
3 Years: 23%
1 Year: 13%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 10%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 24 27 32 38 42 46 51 59 67 76 84 92
54 56 57 55 59 47 45 62 43 59 59 71
18 20 24 22 21 23 19 23 19 18 24 22
Total Liabilities 100 106 116 118 124 119 119 147 133 156 170 188
21 25 24 24 27 32 32 37 37 35 35 47
CWIP 2 0 2 3 1 1 3 1 0 4 7 4
Investments 0 0 0 0 0 0 0 0 0 0 0 0
76 80 90 91 97 86 84 109 95 117 128 137
Total Assets 100 106 116 118 124 119 119 147 133 156 170 188

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1 4 7 5 3 24 9 -8 25 -9 10 5
-5 -4 -2 -4 -2 -8 -3 -6 -3 -4 -7 -12
5 -2 -5 -2 -2 -16 -6 14 -22 13 -3 8
Net Cash Flow 0 -2 1 -1 0 -0 -0 -0 0 0 -0 0
Free Cash Flow -5 -1 5 1 1 16 6 -14 22 -13 3 -8
CFO/OP 38% 49% 99% 84% 57% 221% 79% -31% 155% -34% 73% 41%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 51 55 69 67 65 47 51 52 44 56 48 45
Inventory Days 122 138 139 156 154 207 160 200 146 201 228 242
Days Payable 43 47 63 59 47 54 44 47 33 35 46 35
Cash Conversion Cycle 131 146 145 163 172 200 168 206 157 222 230 252
Working Capital Days 21 32 37 53 53 46 53 45 50 64 69 83
ROCE % 11% 11% 11% 10% 11% 11% 12% 12% 13% 11% 11% 10%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Export Intensity (Share of Total Revenue)
%

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Number of Operational Units/Plant Locations
Number
Revenue Contribution - Garments Segment
%
Revenue Contribution - Hand Gloves Segment
%
Total Number of Employees
Number
Wind Energy Generation
Lakh kWh

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 54.13% 54.13% 54.13% 54.13% 54.13%
0.44% 0.34% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
49.22% 49.33% 49.66% 49.66% 49.65% 49.64% 49.65% 45.87% 45.87% 45.88% 45.88% 45.88%
No. of Shareholders 2,1652,1432,2222,1542,2702,2462,4412,4342,4092,3502,3142,259

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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