A.K.Capital Services Ltd

A.K.Capital Services Ltd

₹ 918 1.01%
21 May - close price
About

Incorporated in 1993, A. K. Capital Services
Ltd is a SEBI Registered Category I Merchant Banker[1]

Key Points

Business Overview:[1]
AKCSL is a flagship company of the A. K. Capital group. It provides merchant banking services and corporate debt market services through managing Pvt. placements and public issues. Company deals in ~various fixed-income securities /instruments, i.e. NCDs, MLDs, PTCs and other fixed-income securities with the minimum investment-grade rating category

  • Market Cap 606 Cr.
  • Current Price 918
  • High / Low 1,160 / 410
  • Stock P/E 19.3
  • Book Value 722
  • Dividend Yield 1.31 %
  • ROCE 7.15 %
  • ROE 6.77 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 20.5%

Cons

  • Company has a low return on equity of 6.38% over last 3 years.
  • Contingent liabilities of Rs.275 Cr.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
18.28 20.81 18.24 25.32 22.89 19.86 26.30 30.72 29.32 28.73 30.48 29.20 31.44
5.64 10.51 8.15 12.81 9.21 7.78 11.60 13.33 9.39 11.36 10.81 11.25 10.52
Operating Profit 12.64 10.30 10.09 12.51 13.68 12.08 14.70 17.39 19.93 17.37 19.67 17.95 20.92
OPM % 69.15% 49.50% 55.32% 49.41% 59.76% 60.83% 55.89% 56.61% 67.97% 60.46% 64.53% 61.47% 66.54%
0.61 0.41 0.04 0.00 0.00 0.53 0.00 0.00 0.00 0.26 0.05 0.06 0.11
Interest 2.51 2.64 3.26 3.57 3.05 3.06 4.83 6.46 9.13 7.42 9.42 8.16 10.32
Depreciation 0.83 0.80 0.80 0.80 0.85 0.75 0.64 0.67 0.71 0.71 0.76 0.95 0.96
Profit before tax 9.91 7.27 6.07 8.14 9.78 8.80 9.23 10.26 10.09 9.50 9.54 8.90 9.75
Tax % 22.70% 12.38% 24.88% 24.57% 24.95% 5.80% 24.81% 25.24% 24.48% 10.42% 24.84% 13.48% 18.36%
7.66 6.37 4.56 6.14 7.33 8.29 6.93 7.66 7.61 8.51 7.17 7.70 7.96
EPS in Rs 11.61 9.65 6.91 9.30 11.11 12.56 10.50 11.61 11.53 12.89 10.86 11.67 12.06
Raw PDF
Upcoming result date: 24 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
140 107 95 95 69 93 105 85 63 72 86 115 120
89 51 53 49 31 35 42 36 27 28 38 46 44
Operating Profit 51 56 42 46 37 58 63 49 36 44 48 69 76
OPM % 36% 53% 44% 48% 54% 63% 60% 57% 57% 62% 56% 60% 63%
4 3 3 3 3 3 -0 0 -1 1 1 0 0
Interest 6 10 12 19 11 24 33 16 10 10 13 28 35
Depreciation 1 1 2 2 2 2 1 1 4 3 3 3 3
Profit before tax 47 48 31 28 27 36 28 32 22 32 33 39 38
Tax % 34% 33% 34% 34% 32% 33% 33% 26% 16% 22% 20% 21%
31 32 20 18 19 24 19 24 19 25 26 31 31
EPS in Rs 47.09 47.98 30.74 27.74 28.15 36.92 28.88 35.62 28.29 38.52 39.88 46.53 47.48
Dividend Payout % 13% 12% 20% 22% 21% 16% 21% 17% 21% 16% 20% 26%
Compounded Sales Growth
10 Years: 1%
5 Years: 2%
3 Years: 22%
TTM: 13%
Compounded Profit Growth
10 Years: 0%
5 Years: 10%
3 Years: 17%
TTM: 3%
Stock Price CAGR
10 Years: 15%
5 Years: 24%
3 Years: 31%
1 Year: 94%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 6%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 255 282 298 311 325 349 360 380 391 412 434 459 470
76 96 127 180 183 384 211 75 40 110 461 503 639
65 19 16 19 16 11 13 11 18 13 16 15 20
Total Liabilities 402 404 447 516 530 750 591 473 455 542 918 984 1,136
40 42 40 37 36 35 36 34 38 34 38 38 45
CWIP 0 0 0 0 0 0 0 0 0 0 1 0 0
Investments 295 346 387 457 473 700 545 427 408 500 870 930 1,071
66 16 20 22 21 15 10 12 9 7 9 15 21
Total Assets 402 404 447 516 530 750 591 473 455 542 918 984 1,136

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
78 35 22 16 20 18 14 16 9 3 -3 2
-115 -42 -34 -51 -3 -195 199 141 48 -59 -332 -7
37 6 14 31 -13 173 -213 -156 -56 55 334 7
Net Cash Flow -1 -1 2 -4 3 -4 0 0 1 -1 -1 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 139 17 20 32 39 11 6 12 2 11 10 8
Inventory Days
Days Payable
Cash Conversion Cycle 139 17 20 32 39 11 6 12 2 11 10 8
Working Capital Days -10 -4 8 -86 29 9 -0 8 -64 -27 -15 1
ROCE % 17% 16% 11% 10% 8% 10% 9% 9% 7% 9% 6% 7%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.51% 70.67% 70.67% 71.37% 71.50% 71.50% 71.50% 71.50% 71.50% 71.50% 71.50% 71.50%
29.49% 29.33% 29.33% 28.63% 28.50% 28.49% 28.50% 28.50% 28.52% 28.51% 28.50% 28.50%
No. of Shareholders 2,4432,3672,3862,3652,3412,2932,2142,1882,1692,5362,3422,557

Documents