Amit International Ltd

Amit International Ltd

₹ 2.85 -4.68%
01 Jun - close price
About

Amit International the principal activities of the company comprises of trading in diamonds, textiles, brass cable wiping, fabrics, readymade garments, yarn, hosiery, cotton and blended socks vests, underwear, other knitted fabrics, textiles made of silk,

  • Market Cap 5.40 Cr.
  • Current Price 2.85
  • High / Low 6.84 / 1.90
  • Stock P/E
  • Book Value 10.2
  • Dividend Yield 0.00 %
  • ROCE 0.77 %
  • ROE 0.62 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.28 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 17.5%
  • Company has a low return on equity of 0.61% 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 - Products

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Quarterly Results

Figures in Rs. Crores

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
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
0.12 0.19 0.03 0.03 0.07 0.09 0.03 0.05 0.08 0.07 0.06 0.10 0.05
Operating Profit -0.12 -0.19 -0.03 -0.03 -0.07 -0.09 -0.03 -0.05 -0.08 -0.07 -0.06 -0.10 -0.05
OPM %
0.07 0.25 0.00 0.03 0.00 0.42 0.00 0.00 0.27 0.14 0.00 0.00 0.00
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 0.00
Depreciation 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
Profit before tax -0.05 0.06 -0.03 0.00 -0.07 0.33 -0.03 -0.05 0.19 0.07 -0.06 -0.10 -0.05
Tax % 0.00% 0.00% 0.00% 0.00% 9.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.05 0.06 -0.03 0.00 -0.07 0.30 -0.03 -0.05 0.19 0.07 -0.06 -0.10 -0.05
EPS in Rs -0.03 0.03 -0.02 0.00 -0.04 0.16 -0.02 -0.03 0.10 0.04 -0.03 -0.05 -0.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
4.55 1.65 0.63 0.00 0.74 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4.49 1.83 0.78 0.11 0.98 0.22 0.17 0.17 0.12 0.46 0.29 0.26 0.28
Operating Profit 0.06 -0.18 -0.15 -0.11 -0.24 -0.19 -0.17 -0.17 -0.12 -0.46 -0.29 -0.26 -0.28
OPM % 1.32% -10.91% -23.81% -32.43% -633.33%
0.05 0.29 -1.05 0.16 0.22 0.13 0.19 0.25 0.52 0.59 0.45 0.41 0.14
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 0.00
Depreciation 0.07 0.06 0.04 0.07 0.12 0.12 0.09 0.09 0.09 0.00 0.00 0.00 0.00
Profit before tax 0.04 0.05 -1.24 -0.02 -0.14 -0.18 -0.07 -0.01 0.31 0.13 0.16 0.15 -0.14
Tax % 50.00% 40.00% 23.39% -200.00% 0.00% 0.00% -14.29% 0.00% 0.00% 23.08% 18.75% 26.67%
Net Profit 0.02 0.04 -0.95 -0.06 -0.14 -0.18 -0.08 -0.01 0.31 0.10 0.13 0.12 -0.14
EPS in Rs 0.02 -0.50 -0.03 -0.07 -0.09 -0.04 -0.01 0.16 0.05 0.07 0.06 -0.07
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: 28%
5 Years: 28%
3 Years: -27%
TTM: -134%
Stock Price CAGR
10 Years: -10%
5 Years: -7%
3 Years: -7%
1 Year: -57%
Return on Equity
10 Years: 0%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
4.73 18.95 18.95 18.95 18.95 18.95 18.95 18.95 18.95 18.95 18.95 18.95 18.95
Reserves 1.13 1.36 0.40 0.35 0.21 0.03 -0.05 -0.06 0.11 0.23 0.43 0.57 0.41
0.59 0.56 0.45 0.12 0.05 0.08 0.16 0.05 0.01 0.09 0.00 0.05 0.03
14.67 0.85 0.06 0.03 0.09 0.26 0.01 0.05 0.01 0.13 0.16 0.19 0.22
Total Liabilities 21.12 21.72 19.86 19.45 19.30 19.32 19.07 18.99 19.08 19.40 19.54 19.76 19.61
0.63 0.57 0.53 0.49 0.40 0.30 0.22 0.13 0.04 0.04 0.04 0.04 0.04
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 7.03 6.53 4.28 4.28 5.31 5.31 5.31 5.76 5.61 5.63 5.71 5.73 5.73
13.46 14.62 15.05 14.68 13.59 13.71 13.54 13.10 13.43 13.73 13.79 13.99 13.84
Total Assets 21.12 21.72 19.86 19.45 19.30 19.32 19.07 18.99 19.08 19.40 19.54 19.76 19.61

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-3.61 1.38 1.18 -0.33 0.71 0.02 -0.29 -1.44 -0.23 -1.10 -0.23 -0.42
-10.05 -1.34 0.91 0.14 0.22 0.10 0.16 0.25 0.60 0.61 0.46 0.41
14.09 0.11 -2.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.43 0.15 -0.02 -0.19 0.93 0.12 -0.12 -1.19 0.37 -0.50 0.24 -0.02

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 294.41 460.12 162.22 182.50 1,825.00
Inventory Days 0.00 61.20 0.00 0.00 0.00
Days Payable 0.00
Cash Conversion Cycle 294.41 521.32 162.22 182.50 1,825.00
Working Capital Days 1,022.80 2,922.21 8,226.98 5,933.72 131,400.00
ROCE % 0.46% 0.07% -0.05% -0.10% -0.72% -0.94% -0.37% -0.05% 1.63% 0.68% 0.83% 0.77%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
17.49 17.49 17.49 17.49 17.49 17.49 17.49 17.49 17.49 17.49 17.49 17.49
82.51 82.51 82.51 82.51 82.51 82.51 82.51 82.51 82.51 82.51 82.50 82.51

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