Alka India Ltd

₹ 2.70 None%
May 02 - close price
About

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.

Key Points

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.

  • Market Cap 135 Cr.
  • Current Price 2.70
  • High / Low 5.89 / 0.42
  • Stock P/E
  • Book Value 0.35
  • Dividend Yield 0.00 %
  • ROCE -1.82 %
  • ROE -1.88 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 7.78 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 16.27%
  • Company has a low return on equity of -1.08% for 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.09 0.04 0.06 0.05 0.05 0.07 0.02 0.01 0.33 0.03 0.03 0.06
Operating Profit -0.09 -0.04 -0.06 -0.05 -0.05 -0.07 -0.02 -0.01 -0.33 -0.03 -0.03 -0.06
OPM %
-4.61 0.00 0.00 0.00 0.00 0.11 0.00 0.00 0.00 0.00 0.02 0.08
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -4.73 -0.04 -0.06 -0.05 -0.05 0.04 -0.02 -0.01 -0.33 -0.03 -0.01 0.02
Tax % 1.69% 0.00% 0.00% 0.00% -20.00% 0.00% 0.00% 0.00% -3.03% 0.00% 0.00% 0.00%
Net Profit -4.64 -0.04 -0.06 -0.05 -0.06 0.04 -0.02 -0.01 -0.35 -0.03 -0.01 0.02
EPS in Rs -0.09 -0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.01 -0.00 -0.00 0.00

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
2.11 3.95 0.53 0.93 0.00 0.80 0.77 0.96 0.68 0.00 0.00 0.00 0.00
2.69 6.65 1.15 1.31 0.23 1.00 3.16 1.30 0.88 0.18 0.16 0.43 0.45
Operating Profit -0.58 -2.70 -0.62 -0.38 -0.23 -0.20 -2.39 -0.34 -0.20 -0.18 -0.16 -0.43 -0.45
OPM % -27.49% -68.35% -116.98% -40.86% -25.00% -310.39% -35.42% -29.41%
0.42 -3.38 -2.44 -2.27 -0.32 -1.21 1.21 -2.75 -4.29 -4.61 0.00 0.11 0.10
Interest 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00
Depreciation 0.49 0.12 0.15 0.21 0.16 0.18 0.17 0.10 0.10 0.10 0.00 0.00 0.00
Profit before tax -0.66 -6.21 -3.22 -2.86 -0.71 -1.59 -1.35 -3.19 -4.60 -4.89 -0.16 -0.32 -0.35
Tax % 3.03% 32.05% 0.00% -1.05% 0.00% 0.00% 8.15% 5.02% -5.87% 1.64% -6.25% -3.12%
Net Profit -0.64 -4.22 -3.22 -2.89 -0.71 -1.59 -1.24 -3.04 -4.87 -4.81 -0.17 -0.33 -0.37
EPS in Rs -0.01 -0.08 -0.06 -0.06 -0.01 -0.03 -0.02 -0.06 -0.10 -0.10 -0.00 -0.01 -0.01
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: 5%
5 Years: 13%
3 Years: 13%
TTM: -640%
Stock Price CAGR
10 Years: 31%
5 Years: 70%
3 Years: 142%
1 Year: 463%
Return on Equity
10 Years: -2%
5 Years: -1%
3 Years: -1%
Last Year: -2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
63.44 63.44 63.44 63.44 63.44 63.44 63.44 63.44 63.44 63.44 63.44 63.44 63.44
Reserves -16.05 -20.27 -19.27 -22.16 -22.87 -24.46 -23.00 -35.87 -40.74 -45.55 -45.72 -46.05 -46.09
Borrowings 0.00 0.14 0.08 0.01 0.00 0.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00
26.88 20.68 17.59 16.68 16.54 21.24 16.44 0.06 0.10 0.22 0.39 0.66 0.72
Total Liabilities 60.83 50.55 48.40 44.53 43.67 47.33 43.44 27.63 22.80 18.11 18.11 18.05 18.07
9.39 1.15 1.84 1.76 1.51 1.33 0.37 0.27 0.16 0.06 0.06 0.06 0.06
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 23.03 30.09 34.71 31.66 31.54 31.93 30.52 15.47 9.34 7.13 7.13 7.13 7.13
28.41 19.31 11.85 11.11 10.62 14.07 12.55 11.89 13.30 10.92 10.92 10.86 10.88
Total Assets 60.83 50.55 48.40 44.53 43.67 47.33 43.44 27.63 22.80 18.11 18.11 18.05 18.07

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
6.57 -8.03 8.97 -1.78 -0.43 1.06 -2.75 -3.23 -7.54 -0.07 0.00 -0.05
-8.76 -2.09 -7.87 0.66 0.75 -1.61 3.34 4.71 6.13 0.00 0.00 0.00
2.25 9.90 -0.07 -0.07 -0.01 0.55 -0.55 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.06 -0.22 1.03 -1.19 0.31 0.00 0.03 1.48 -1.41 -0.07 0.00 -0.05

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 823.41 524.86 2,389.72 1,197.04 1,647.06 1,587.99 1,528.44 2,517.43
Inventory Days 0.00 0.00 0.00 0.00 1,120.00 770.56 258.37 0.00
Days Payable 2,390.00 1,520.83 12.30
Cash Conversion Cycle 823.41 524.86 2,389.72 1,197.04 377.06 837.71 1,774.50 2,517.43
Working Capital Days 2,838.70 1,090.38 681.79 94.19 -615.94 1,374.68 1,840.21 4,600.07
ROCE % 6.20% -6.02% -1.16% -1.15% -0.78% -0.80% -6.25% -1.21% -0.12% -0.89% -0.90% -1.82%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
16.27 16.27 16.27 16.27 16.27 16.27 16.27 16.27 16.27 16.27 16.27 16.27
83.72 83.72 83.72 83.72 83.72 83.72 83.72 83.72 83.72 83.72 83.72 83.72

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