Alfa Ica (India) Ltd
Incorporated in 1991, Alfa Ica (India) Ltd is engaged in manufacturing and marketing of Laminated Sheets.[1]
- Market Cap ₹ 34.7 Cr.
- Current Price ₹ 85.8
- High / Low ₹ 123 / 67.8
- Stock P/E 14.3
- Book Value ₹ 59.8
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 6.31 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 6.83% over past five years.
- Company has a low return on equity of 7.28% 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 57.24 | 56.32 | 50.03 | 49.99 | 56.47 | 56.05 | 56.47 | 55.17 | 79.98 | 64.64 | 68.49 | 78.56 | 81.11 | |
| 53.99 | 52.45 | 46.86 | 46.58 | 53.65 | 52.19 | 52.95 | 51.84 | 75.59 | 60.57 | 64.43 | 74.13 | 75.87 | |
| Operating Profit | 3.25 | 3.87 | 3.17 | 3.41 | 2.82 | 3.86 | 3.52 | 3.33 | 4.39 | 4.07 | 4.06 | 4.43 | 5.24 |
| OPM % | 5.68% | 6.87% | 6.34% | 6.82% | 4.99% | 6.89% | 6.23% | 6.04% | 5.49% | 6.30% | 5.93% | 5.64% | 6.46% |
| 0.20 | -0.03 | 0.48 | 0.02 | 0.90 | 0.46 | 0.64 | 0.86 | 0.40 | 0.55 | 0.80 | 0.88 | 1.36 | |
| Interest | 1.35 | 1.71 | 1.58 | 1.32 | 1.44 | 1.84 | 1.66 | 1.41 | 1.59 | 1.63 | 1.64 | 2.04 | 1.98 |
| Depreciation | 1.10 | 0.67 | 0.67 | 0.65 | 0.68 | 0.69 | 0.85 | 0.88 | 1.01 | 1.04 | 0.99 | 1.35 | 1.44 |
| Profit before tax | 1.00 | 1.46 | 1.40 | 1.46 | 1.60 | 1.79 | 1.65 | 1.90 | 2.19 | 1.95 | 2.23 | 1.92 | 3.18 |
| Tax % | 29.00% | 27.40% | 8.57% | 33.56% | 25.62% | 30.17% | 25.45% | 25.26% | 25.57% | 25.13% | 24.66% | 25.00% | |
| 0.71 | 1.06 | 1.28 | 0.97 | 1.18 | 1.25 | 1.23 | 1.42 | 1.63 | 1.46 | 1.68 | 1.44 | 2.42 | |
| EPS in Rs | 1.76 | 2.62 | 3.17 | 2.40 | 2.92 | 3.09 | 3.04 | 3.51 | 4.03 | 3.61 | 4.16 | 3.56 | 5.99 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 34.24% | 32.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 7% |
| 3 Years: | -1% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | -5% |
| TTM: | 152% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 27% |
| 3 Years: | 26% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 |
| Reserves | 7.05 | 6.58 | 7.86 | 8.82 | 10.00 | 10.77 | 11.52 | 12.94 | 14.57 | 16.05 | 17.73 | 19.18 | 20.13 |
| 9.99 | 12.79 | 13.51 | 13.16 | 13.26 | 16.72 | 13.92 | 12.82 | 17.44 | 14.98 | 14.04 | 19.00 | 17.57 | |
| 8.23 | 5.00 | 3.31 | 6.38 | 6.50 | 5.29 | 4.92 | 7.75 | 8.86 | 4.93 | 8.78 | 6.31 | 10.98 | |
| Total Liabilities | 29.31 | 28.41 | 28.72 | 32.40 | 33.80 | 36.82 | 34.40 | 37.55 | 44.91 | 40.00 | 44.59 | 48.53 | 52.72 |
| 7.87 | 7.42 | 7.33 | 9.23 | 9.74 | 12.25 | 12.55 | 13.04 | 13.71 | 14.43 | 15.16 | 19.57 | 19.74 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.22 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.76 | 0.00 | 0.00 |
| Investments | 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 |
| 21.44 | 20.99 | 21.39 | 22.95 | 23.84 | 24.57 | 21.85 | 24.51 | 31.20 | 25.57 | 28.67 | 28.96 | 32.98 | |
| Total Assets | 29.31 | 28.41 | 28.72 | 32.40 | 33.80 | 36.82 | 34.40 | 37.55 | 44.91 | 40.00 | 44.59 | 48.53 | 52.72 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.35 | 0.66 | 3.00 | 5.70 | -0.73 | 1.56 | 6.38 | 3.53 | -1.34 | 5.75 | 5.21 | 1.87 | |
| -0.72 | -1.79 | -0.62 | -2.75 | -1.24 | -2.95 | -1.39 | -1.27 | -1.73 | -1.75 | -2.48 | -4.96 | |
| -2.63 | 1.30 | -0.71 | -1.56 | -1.13 | 1.35 | -4.78 | -2.44 | 3.11 | -4.02 | -2.47 | 3.02 | |
| Net Cash Flow | 0.00 | 0.17 | 1.67 | 1.39 | -3.09 | -0.05 | 0.22 | -0.18 | 0.04 | -0.03 | 0.25 | -0.07 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34.69 | 27.54 | 36.70 | 40.38 | 55.78 | 56.46 | 57.78 | 58.42 | 56.95 | 42.24 | 51.91 | 55.94 |
| Inventory Days | 113.28 | 126.84 | 136.97 | 137.10 | 118.02 | 133.97 | 105.98 | 132.44 | 117.58 | 144.93 | 138.29 | 107.49 |
| Days Payable | 56.47 | 31.42 | 20.05 | 53.69 | 52.21 | 42.62 | 38.39 | 68.63 | 53.75 | 32.07 | 57.14 | 36.83 |
| Cash Conversion Cycle | 91.50 | 122.97 | 153.62 | 123.79 | 121.59 | 147.81 | 125.37 | 122.23 | 120.79 | 155.09 | 133.06 | 126.60 |
| Working Capital Days | 63.00 | 83.86 | 83.83 | 50.89 | 70.58 | 60.04 | 79.76 | 61.13 | 48.47 | 65.11 | 61.87 | 51.06 |
| ROCE % | 11.05% | 14.52% | 12.62% | 10.77% | 11.63% | 12.31% | 10.82% | 10.86% | 11.66% | 10.07% | 10.98% | 10.10% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electricity Consumption Units |
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| Export Sales Percentage % |
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| Installed Capacity Lakh Sheets per annum |
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| Inventory Holding Period Days |
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| Production Capacity Footprint Million sq. mts. |
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| Number of Design Decors Count |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Feb - Result publication for Quarter ended on 31st december 2025.
- Unaudited Financial Result For Quarter Ended On 31St December,2025 5 Feb
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Board Meeting Outcome for Board Meeting Held On 5Th February,2026
5 Feb - Board approved unaudited financial results for quarter ended December 31, 2025 on Feb 05, 2026.
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Board Meeting Intimation for Rescheduled Board Meeting
30 Jan - Board meeting 5 Feb 2026 to approve quarterly and nine-months unaudited results ended 31 Dec 2025; trading window closed.
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Board Meeting Intimation for Approval Of Unaudited Financial Statements
28 Jan - Board meeting 6 Feb 2026 to approve Q3/9M results for 31 Dec 2025; trading window closed from 1 Jan 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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
from bse
Business Overview:[1][2]
AIIL is an ISO 9001:2000 and ISO 14001:2004 certified company and a Government of India–recognized Star Export House. It manufactures commercial-grade decorative laminates, high-pressure laminate sheets, and compacts in a wide range of colours, designs, and textures. Its Alfaica brand offers over 600 design decors and 50+ textures.