AKI India Ltd

AKI India Ltd

₹ 111 1.00%
09 Jun 1:30 p.m.
About

Incorporated in 1994, AKI Ltd manufactures and exports Leather and Leather Goods

Key Points

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

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2022 Dec 2022 Mar 2023
21.49 18.92 12.23 14.52
21.25 14.46 11.52 13.66
Operating Profit 0.24 4.46 0.71 0.86
OPM % 1.12% 23.57% 5.81% 5.92%
2.06 1.45 0.79 0.50
Interest 0.61 0.42 0.55 0.67
Depreciation 0.92 0.43 0.48 0.48
Profit before tax 0.77 5.06 0.47 0.21
Tax % 27.27% 33.20% 38.30% -9.52%
Net Profit 0.55 3.38 0.29 0.23
EPS in Rs 0.41 2.52 0.22 0.17
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

18 Recently
Dec 2019 Mar 2020 Sep 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
72.81 72.81 72.81 72.81 72.81 72.81 72.81 73.00 73.00 73.00 73.00 73.00
27.19 27.19 27.19 27.19 27.19 27.19 27.19 27.00 27.00 27.00 27.01 27.00

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