Alka India Ltd
Incorporated in 1993, the company is working in textile products and doing business of importing, exporting, purchasing, selling and/or dealing in all types of yarns, cloth, fibers, fabrics and textiles made from cotton, rayon, silk etc.
The company works on commission basis with cloth merchants and has business in India only.
- Market Cap ₹ 135 Cr.
- Current Price ₹ 2.70
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 0.29
- Dividend Yield 0.00 %
- ROCE -1.42 %
- ROE -1.42 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Promoter holding has increased by 78.7% over last quarter.
Cons
- Stock is trading at 9.20 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.70% 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: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.93 | 0.00 | 0.80 | 0.77 | 0.96 | 0.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.31 | 0.23 | 1.00 | 3.16 | 1.30 | 0.88 | 0.18 | 0.16 | 0.43 | 0.22 | 0.18 | 0.27 | 0.16 | |
| Operating Profit | -0.38 | -0.23 | -0.20 | -2.39 | -0.34 | -0.20 | -0.18 | -0.16 | -0.43 | -0.22 | -0.18 | -0.27 | -0.16 |
| OPM % | -40.86% | -25.00% | -310.39% | -35.42% | -29.41% | ||||||||
| -2.27 | -0.32 | -1.21 | 1.21 | -2.75 | -4.29 | -4.61 | 0.00 | 0.11 | 0.10 | -2.14 | 0.03 | 0.07 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.21 | 0.16 | 0.18 | 0.17 | 0.10 | 0.10 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -2.86 | -0.71 | -1.59 | -1.35 | -3.19 | -4.60 | -4.89 | -0.16 | -0.32 | -0.12 | -2.32 | -0.24 | -0.09 |
| Tax % | 1.05% | 0.00% | 0.00% | -8.15% | -5.02% | 5.87% | -1.64% | 6.25% | 3.12% | 8.33% | 0.00% | 0.00% | |
| -2.89 | -0.71 | -1.59 | -1.24 | -3.04 | -4.87 | -4.81 | -0.17 | -0.33 | -0.13 | -2.32 | -0.24 | -0.09 | |
| EPS in Rs | -0.06 | -0.01 | -0.03 | -0.02 | -0.06 | -0.10 | -0.10 | -0.00 | -0.01 | -0.00 | -0.05 | -0.00 | 0.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 41% |
| 5 Years: | 70% |
| 3 Years: | 0% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -1% |
| 3 Years: | -1% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50.00 | 50.00 | 50.00 | 50.00 | 63.44 | 63.44 | 63.44 | 63.44 | 63.44 | 63.44 | 63.44 | 63.44 | 63.44 |
| Reserves | -22.16 | -22.87 | -24.46 | -23.00 | -35.87 | -40.74 | -45.55 | -45.72 | -46.05 | -46.17 | -48.50 | -48.74 | -48.77 |
| 0.01 | 0.00 | 0.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 16.68 | 16.54 | 21.24 | 16.44 | 0.06 | 0.10 | 0.22 | 0.39 | 0.66 | 0.55 | 0.76 | 2.59 | 2.01 | |
| Total Liabilities | 44.53 | 43.67 | 47.33 | 43.44 | 27.63 | 22.80 | 18.11 | 18.11 | 18.05 | 17.82 | 15.70 | 17.29 | 16.68 |
| 1.76 | 1.51 | 1.33 | 0.37 | 0.27 | 0.16 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 31.66 | 31.54 | 31.93 | 30.52 | 15.47 | 9.34 | 7.13 | 7.13 | 7.13 | 7.13 | 4.81 | 4.81 | 4.81 |
| 11.11 | 10.62 | 14.07 | 12.55 | 11.89 | 13.30 | 10.92 | 10.92 | 10.86 | 10.63 | 10.83 | 12.48 | 11.87 | |
| Total Assets | 44.53 | 43.67 | 47.33 | 43.44 | 27.63 | 22.80 | 18.11 | 18.11 | 18.05 | 17.82 | 15.70 | 17.29 | 16.68 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.78 | -0.43 | 1.06 | -2.75 | -3.23 | -7.54 | -0.07 | 0.00 | -0.32 | 0.00 | -2.13 | 1.36 | |
| 0.66 | 0.75 | -1.61 | 3.34 | 4.71 | 6.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | |
| -0.07 | -0.01 | 0.55 | -0.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.32 | 0.00 | |
| Net Cash Flow | -1.19 | 0.31 | 0.00 | 0.03 | 1.48 | -1.41 | -0.07 | 0.00 | -0.32 | 0.00 | 0.19 | 1.42 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,197.04 | 1,647.06 | 1,587.99 | 1,528.44 | 2,517.43 | |||||||
| Inventory Days | 0.00 | 1,120.00 | 770.56 | 258.37 | 0.00 | |||||||
| Days Payable | 2,390.00 | 1,520.83 | 12.30 | |||||||||
| Cash Conversion Cycle | 1,197.04 | 377.06 | 837.71 | 1,774.50 | 2,517.43 | |||||||
| Working Capital Days | 94.19 | -615.94 | 1,374.68 | 1,840.21 | 4,600.07 | |||||||
| ROCE % | -1.67% | -1.16% | -1.20% | -9.42% | -1.50% | -0.12% | -0.89% | -0.90% | -1.82% | -0.69% | 0.00% | -1.42% |
Documents
Announcements
-
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
1 May - Alka India confirms non-applicability of Large Corporate framework for FY 2024-25 disclosures.
-
Announcement under Regulation 30 (LODR)-Change in Management
1 May - Delayed filing of resignation letters of suspended management due to NCLT order, effective 18 Feb 2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Alka India declares non-applicability of SEBI Large Corporate framework for FY ending March 2025.
-
Intimation Pursuant To Regulation 30 And 30A Of The SEBI (LODR) Regulations, 2015 And Amendments Thereof
26 Apr - Alka India sets up new corporate office in Ahmedabad; books of accounts to be maintained there.
-
Board Meeting Outcome for Outcome Of The 2Nd (Second) Board Meeting Of FY 2025-2026 Of The Board Of The Company Held On Saturday, 26Th April, 2025
26 Apr - Appointment of secretarial auditor and new corporate office setup in Ahmedabad for FY 2024-25.
Annual reports
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Product Portfolio:[1]
The company operates only in one segment i.e. textile hence it deals in cotton ,linen, flax, hemp, jute, silk etc. Their products include cloth and yarn.
The company's product is an intermediary product for user industries. The company trades different grades of products to meet the requirement of its customers.