AKI India Ltd
Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products[1]
- Market Cap ₹ 47.7 Cr.
- Current Price ₹ 4.62
- High / Low ₹ 13.0 / 3.72
- Stock P/E 24.7
- Book Value ₹ 9.72
- Dividend Yield 0.00 %
- ROCE 4.67 %
- ROE 2.33 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.48 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.44% over last 3 years.
- Earnings include an other income of Rs.11.0 Cr.
- Promoter holding has decreased over last 3 years: -18.9%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 33 | 40 | 41 | 46 | 61 | 70 | 71 | 81 | 107 | |
| 14 | 33 | 39 | 40 | 45 | 59 | 67 | 69 | 81 | 111 | |
| Operating Profit | -0 | 0 | 1 | 1 | 1 | 2 | 3 | 2 | -0 | -4 |
| OPM % | -2% | 1% | 2% | 2% | 2% | 4% | 4% | 3% | -0% | -4% |
| 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 7 | 11 | |
| Interest | 0 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 0 | -1 | 0 | 0 | 2 | 2 | 2 | 2 | 3 | 3 |
| Tax % | 50% | -7% | -55% | 45% | 31% | 6% | 27% | 27% | 37% | 28% |
| 0 | -1 | 0 | 0 | 1 | 2 | 1 | 1 | 2 | 2 | |
| EPS in Rs | 0.18 | -1.10 | 0.17 | 0.03 | 0.23 | 0.25 | 0.17 | 0.16 | 0.19 | 0.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 66% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | -41% |
| 1 Year: | -59% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 2% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.87 | 2 | 2 | 5 | 8 | 10 | 13 | 17 | 18 | 21 |
| Reserves | 2 | 1 | 1 | 1 | -0 | 4 | 2 | 43 | 47 | 80 |
| 8 | 21 | 22 | 21 | 16 | 29 | 30 | 18 | 19 | 21 | |
| 5 | 15 | 15 | 13 | 13 | 17 | 19 | 26 | 30 | 38 | |
| Total Liabilities | 16 | 38 | 40 | 40 | 37 | 60 | 63 | 104 | 114 | 160 |
| 5 | 9 | 10 | 9 | 8 | 14 | 12 | 13 | 12 | 14 | |
| CWIP | 0 | 1 | 2 | 2 | 2 | 3 | 4 | 7 | 9 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 2 |
| 10 | 28 | 28 | 29 | 27 | 42 | 46 | 83 | 93 | 135 | |
| Total Assets | 16 | 38 | 40 | 40 | 37 | 60 | 63 | 104 | 114 | 160 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -1 | 3 | 1 | 2 | -18 | -3 | -16 | |||
| -3 | -1 | 1 | -1 | -1 | -18 | -2 | -5 | |||
| 1 | 1 | -4 | 0 | -1 | 36 | 5 | 23 | |||
| Net Cash Flow | -0 | -0 | -0 | 0 | 0 | 0 | 1 | 2 | ||
| Free Cash Flow | -1 | -2 | 2 | -0 | -0 | -23 | -5 | -21 | ||
| CFO/OP | 131% | -59% | 353% | 58% | 96% | -728% | 1,213% | 367% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 161 | 150 | 121 | 108 | 95 | 106 | 103 | 109 | 129 | 105 |
| Inventory Days | 102 | 128 | 120 | 136 | 108 | 132 | 129 | 179 | 170 | 210 |
| Days Payable | 155 | 185 | 153 | 136 | 111 | 124 | 118 | 136 | 125 | 102 |
| Cash Conversion Cycle | 108 | 92 | 88 | 107 | 92 | 114 | 114 | 151 | 173 | 214 |
| Working Capital Days | 128 | 118 | 98 | 126 | 102 | 30 | 31 | 130 | 146 | 218 |
| ROCE % | 7% | 7% | 11% | 8% | 6% | 5% | 5% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % ・Standalone data |
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| Traded Goods Revenue Share % ・Standalone data |
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| Domestic/Indigenous Revenue Share % ・Standalone data |
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| Footwear Segment Revenue Share % ・Standalone data |
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| Leather Segment Revenue Share % ・Standalone data |
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| Saddlery Segment Revenue Share % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Submitted Regulation 74(5) depository certificate for quarter ended 30 June 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
8 Jul - Nandish Shaileshbhai Jani resigned as Independent Director effective 7 July 2026.
-
Announcement Under Regulation 30 (LODR) - Reconstitution Of Committee
7 Jul - AKI India appointed four directors, reconstituted committees, and noted Ms. Hardika Ladha's resignation effective 7 July 2026.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
7 Jul - AKI India appointed four directors, reconstituted board committees, and noted Hardika Ladha’s resignation effective 7 July 2026.
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Announcement under Regulation 30 (LODR)-Resignation of Director
7 Jul - AKI India appointed four directors, reconstituted committees, and noted Hardika Ladha’s resignation effective 7 July 2026.
Business Overview:[1][2]
AKIIL processes hides into finished leather and upholstery, and manufactures leather products such as footwear, horse bridles, browbands, crown pieces, pony articles and saddle girths, etc. It also designs and manufactures leather products for equestrian sports, horse covers, leather bags, belts and finished leather. Company takes technical assistance from Horse Riding Group from Germany for making of Leather Saddlery & Harness Goods