A K Spintex Ltd
Incorporated in 1994, A.K. Spintex Ltd is in the business of textile processing and weaving
- Market Cap ₹ 70.8 Cr.
- Current Price ₹ 141
- High / Low ₹ 169 / 78.5
- Stock P/E 8.65
- Book Value ₹ 68.4
- Dividend Yield 0.00 %
- ROCE 27.5 %
- ROE 27.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 31.5% CAGR over last 5 years
- Debtor days have improved from 83.2 to 62.4 days.
- Company's working capital requirements have reduced from 60.2 days to 41.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.6% over last 3 years.
- Company might be capitalizing the interest cost
* 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 - Processing
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 34 | 40 | 44 | 52 | 53 | 54 | 60 | 64 | 48 | 73 | 116 | 119 | |
27 | 31 | 36 | 40 | 46 | 47 | 48 | 53 | 56 | 43 | 65 | 100 | 101 | |
Operating Profit | 4 | 3 | 4 | 4 | 6 | 6 | 6 | 7 | 7 | 5 | 7 | 16 | 18 |
OPM % | 12% | 8% | 9% | 9% | 11% | 11% | 10% | 11% | 11% | 10% | 10% | 14% | 15% |
0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 3 | 4 | 6 | 6 |
Profit before tax | 1 | 0 | 1 | 0 | 3 | 3 | 4 | 2 | 3 | 0 | 3 | 9 | 11 |
Tax % | 32% | 81% | 16% | 62% | 38% | 32% | 12% | 28% | 26% | 0% | 33% | 22% | |
1 | 0 | 0 | 0 | 2 | 2 | 3 | 1 | 2 | 0 | 2 | 7 | 8 | |
EPS in Rs | 1.47 | 0.12 | 0.85 | 0.24 | 3.84 | 4.17 | 6.68 | 2.50 | 3.80 | 0.91 | 3.60 | 14.55 | 16.28 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 17% |
3 Years: | 22% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 62% |
5 Years: | 32% |
3 Years: | 56% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 80% |
1 Year: | 67% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 14% |
Last Year: | 27% |
Balance Sheet
Figures in Rs. Crores
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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 5 | 5 | 5 | 5 | 7 | 9 | 13 | 14 | 16 | 16 | 18 | 25 | 29 |
11 | 15 | 16 | 15 | 10 | 10 | 14 | 13 | 10 | 11 | 11 | 10 | 11 | |
9 | 8 | 9 | 9 | 10 | 10 | 13 | 13 | 14 | 15 | 18 | 19 | 21 | |
Total Liabilities | 30 | 33 | 35 | 35 | 32 | 35 | 44 | 46 | 45 | 47 | 52 | 60 | 67 |
17 | 15 | 16 | 15 | 15 | 18 | 25 | 22 | 21 | 21 | 25 | 28 | 29 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
12 | 18 | 19 | 20 | 18 | 17 | 20 | 23 | 24 | 26 | 28 | 32 | 34 | |
Total Assets | 30 | 33 | 35 | 35 | 32 | 35 | 44 | 46 | 45 | 47 | 52 | 60 | 67 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | -0 | 4 | 1 | 7 | 6 | 5 | 0 | 6 | 4 | 7 | 11 | |
-0 | 0 | -2 | -3 | -7 | -5 | -8 | 0 | -2 | -4 | -8 | -9 | |
-2 | 3 | -2 | 2 | -1 | -2 | 3 | 0 | -4 | -0 | 1 | -2 | |
Net Cash Flow | -0 | 3 | 0 | -0 | -1 | -0 | -0 | 0 | 0 | -0 | 0 | -0 |
Ratios
Figures in Rs. Crores
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 | 64 | 73 | 77 | 77 | 68 | 75 | 82 | 90 | 84 | 111 | 76 | 62 |
Inventory Days | 245 | 220 | 182 | 125 | 97 | 86 | 127 | 123 | 141 | 260 | 174 | 101 |
Days Payable | 307 | 259 | 263 | 214 | 207 | 213 | 247 | 230 | 236 | 375 | 300 | 202 |
Cash Conversion Cycle | 1 | 34 | -4 | -12 | -43 | -53 | -39 | -17 | -10 | -4 | -49 | -38 |
Working Capital Days | 53 | 76 | 66 | 63 | 42 | 34 | 49 | 59 | 61 | 85 | 54 | 42 |
ROCE % | 10% | 6% | 9% | 7% | 18% | 17% | 10% | 9% | 11% | 4% | 11% | 28% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21h
- Submission Of Compliance Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulation, 2015 16 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Respected Sir, Pursuant to Regulation 74(5) of the (LODR) Regulation 2015 we submit the certificate received from RTA for the quarter ended 31.03.2024
- Submission Of Compliance Certificate Pursuant To Regulation 7(3) Of The (LODR) 2015 15 Apr
- Closure of Trading Window 30 Mar
Annual reports
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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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Services Offered:[1][2][3]
Company works as a process house for processing synthetic, polyester fiber and cotton grey fabric on job-work basis through interlacing, weaving or knitting, and also undertakes dyeing and printing