AKI India Ltd
Incorporated in 1994, AKI Ltd manufactures and exports Leather and Leather Goods
- Market Cap ₹ 149 Cr.
- Current Price ₹ 111
- High / Low ₹ 123 / 0.00
- Stock P/E 138
- Book Value ₹ 11.2
- Dividend Yield 0.00 %
- ROCE 8.21 %
- ROE 7.45 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 9.85 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.66% over past five years.
- Company has a low return on equity of 7.27% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2.35 Cr.
* 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: Leather Industry: Leather / Leather Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8.41 | 10.97 | 12.76 | 29.99 | 38.64 | 40.24 | 42.12 | 39.74 | 41.04 | 44.79 | 60.91 | 55.47 | |
8.31 | 10.57 | 12.75 | 29.50 | 37.58 | 39.25 | 41.29 | 38.67 | 38.98 | 43.22 | 58.58 | 52.46 | |
Operating Profit | 0.10 | 0.40 | 0.01 | 0.49 | 1.06 | 0.99 | 0.83 | 1.07 | 2.06 | 1.57 | 2.33 | 3.01 |
OPM % | 1.19% | 3.65% | 0.08% | 1.63% | 2.74% | 2.46% | 1.97% | 2.69% | 5.02% | 3.51% | 3.83% | 5.43% |
0.00 | 0.00 | 0.86 | 1.76 | 2.01 | 2.36 | 3.16 | 3.19 | 2.05 | 3.73 | 3.04 | 2.35 | |
Interest | 0.00 | 0.00 | 0.22 | 1.59 | 1.59 | 1.71 | 1.34 | 1.50 | 1.30 | 1.33 | 1.39 | 1.99 |
Depreciation | 0.00 | 0.00 | 0.27 | 1.38 | 1.39 | 1.39 | 1.42 | 1.63 | 1.75 | 2.27 | 2.23 | 1.90 |
Profit before tax | 0.10 | 0.40 | 0.38 | -0.72 | 0.09 | 0.25 | 1.23 | 1.13 | 1.06 | 1.70 | 1.75 | 1.47 |
Tax % | 0.00% | 0.00% | 23.68% | 11.11% | -66.67% | 36.00% | 73.98% | 55.75% | 29.25% | 48.24% | 5.71% | 27.21% |
Net Profit | 0.10 | 0.40 | 0.29 | -0.63 | 0.14 | 0.15 | 0.31 | 0.50 | 0.75 | 0.89 | 1.65 | 1.08 |
EPS in Rs | 0.91 | 3.64 | 2.64 | -3.15 | 0.70 | 0.23 | 0.32 | 0.37 | 0.56 | 0.66 | 1.23 | 0.81 |
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: | 16% |
5 Years: | 6% |
3 Years: | 11% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 28% |
3 Years: | 13% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 217% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.87 | 0.87 | 0.87 | 1.50 | 1.50 | 5.00 | 7.50 | 10.30 | 10.30 | 10.30 | 10.30 | 13.39 | |
Reserves | 0.88 | 1.29 | 1.87 | 1.33 | 1.48 | 1.63 | 1.01 | 1.64 | 2.40 | 2.53 | 3.77 | 1.54 |
6.07 | 5.37 | 8.27 | 21.17 | 22.76 | 20.89 | 17.68 | 21.37 | 21.63 | 27.87 | 29.44 | 25.81 | |
4.23 | 4.51 | 4.10 | 12.65 | 13.36 | 12.41 | 10.25 | 12.16 | 16.05 | 16.17 | 16.98 | 21.01 | |
Total Liabilities | 12.05 | 12.04 | 15.11 | 36.65 | 39.10 | 39.93 | 36.44 | 45.47 | 50.38 | 56.87 | 60.49 | 61.75 |
1.45 | 2.16 | 4.97 | 9.34 | 9.88 | 9.34 | 7.14 | 12.29 | 10.85 | 15.12 | 13.73 | 12.16 | |
CWIP | 0.00 | 0.00 | 0.23 | 1.11 | 1.87 | 2.00 | 4.00 | 0.91 | 7.03 | 2.31 | 2.51 | 4.47 |
Investments | 0.60 | 1.00 | 0.95 | 0.95 | 0.95 | 0.95 | 1.09 | 2.54 | 2.54 | 2.49 | 2.48 | 2.48 |
10.00 | 8.88 | 8.96 | 25.25 | 26.40 | 27.64 | 24.21 | 29.73 | 29.96 | 36.95 | 41.77 | 42.64 | |
Total Assets | 12.05 | 12.04 | 15.11 | 36.65 | 39.10 | 39.93 | 36.44 | 45.47 | 50.38 | 56.87 | 60.49 | 61.75 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 1.04 | -0.67 | 3.14 | 0.00 | 7.38 | -4.92 | 0.76 | 3.76 | |||
0.00 | 0.00 | -2.68 | -0.98 | 0.48 | 0.00 | -6.37 | -1.68 | -0.99 | -2.49 | |||
0.00 | 0.00 | 1.26 | 1.37 | -4.15 | 0.00 | -0.75 | 6.49 | 0.34 | -1.10 | |||
Net Cash Flow | 0.00 | 0.00 | -0.39 | -0.28 | -0.53 | 0.00 | 0.26 | -0.10 | 0.11 | 0.17 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 245.65 | 137.75 | 151.32 | 144.10 | 118.55 | 106.22 | 86.83 | 98.00 | 83.25 | 131.20 | 106.25 | 115.61 |
Inventory Days | 89.78 | 134.46 | 120.83 | 134.39 | 119.57 | 166.35 | 197.35 | 161.29 | 131.86 | 167.41 | ||
Days Payable | 133.93 | 180.30 | 148.37 | 132.16 | 103.91 | 134.78 | 186.18 | 159.46 | 124.33 | 145.23 | ||
Cash Conversion Cycle | 245.65 | 137.75 | 107.17 | 98.26 | 91.02 | 108.44 | 102.48 | 129.57 | 94.41 | 133.03 | 113.77 | 137.79 |
Working Capital Days | 248.25 | 143.07 | 122.72 | 118.18 | 90.59 | 111.93 | 107.28 | 146.96 | 97.92 | 151.66 | 125.06 | 132.13 |
ROCE % | 1.60% | 5.21% | 5.50% | 6.76% | 7.36% | 9.68% | 8.84% | 6.98% | 6.08% | 6.51% | 8.21% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 8m
- Scrutinizer Report For Extra Ordinary General Meeting Of The Company 15h
- Outcome Of Extra Ordinary General Meeting Held On 7Th June, 2023 In Terms Of The Regulation 30 Of The SEBI (LODR) Regulations, 2015. 1d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 5 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2 Jun
Business Overview:[1][2]
Company was established with technical assistance of Horse Riding Group from Germany for making of Leather Saddlery & Harness Goods. At present, company manufactures for equestrian sports, Horse Covers, Leather Footwear, Leather Bags, Belts and Finished Leather. Company's equity shares are listed on SME portal of BSE