AFLOAT Enterprises Ltd
₹ 14.9
3.11%
05 Aug
- close price
About
Incorporated in 2015, Afloat Enterprises Ltd is in the business of trading metals viz. tin plates, ETP sheets, etc.[1]
Key Points
- Market Cap ₹ 6.79 Cr.
- Current Price ₹ 14.9
- High / Low ₹ 16.5 / 0.00
- Stock P/E 25.2
- Book Value ₹ 34.3
- Dividend Yield 0.00 %
- ROCE 3.76 %
- ROE 2.60 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.43 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -22.0%
- The company has delivered a poor sales growth of -11.0% over past five years.
- Promoter holding is low: 37.5%
- Company has a low return on equity of 1.80% over last 3 years.
- Company has high debtors of 376 days.
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.03 | 10.95 | 11.28 | 5.98 | 3.74 | 1.89 | 6.10 | |
| 0.00 | 0.00 | 0.00 | 10.96 | 11.36 | 6.19 | 3.95 | 2.24 | 6.06 | |
| Operating Profit | 0.00 | 0.00 | 0.03 | -0.01 | -0.08 | -0.21 | -0.21 | -0.35 | 0.04 |
| OPM % | 100.00% | -0.09% | -0.71% | -3.51% | -5.61% | -18.52% | 0.66% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.37 | 0.32 | 0.44 | 0.35 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 | 0.01 | 0.00 |
| Profit before tax | 0.00 | 0.00 | 0.03 | -0.01 | 0.00 | -0.02 | 0.09 | 0.08 | 0.38 |
| Tax % | 0.00% | 100.00% | -150.00% | 22.22% | 75.00% | 26.32% | |||
| 0.00 | 0.00 | 0.02 | -0.02 | 0.00 | 0.01 | 0.07 | 0.03 | 0.27 | |
| EPS in Rs | 0.00 | 0.00 | 20.00 | -0.07 | 0.00 | 0.02 | 0.15 | 0.07 | 0.59 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -11% |
| 3 Years: | 1% |
| TTM: | 223% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 200% |
| TTM: | 800% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.74 | 2.74 | 4.56 | 4.56 | 4.56 | 4.56 |
| Reserves | -0.02 | -0.02 | 0.00 | 0.26 | 0.26 | 0.45 | 0.52 | 0.55 | 11.07 |
| 0.05 | 0.03 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.00 | 0.00 | 0.01 | 6.33 | 3.33 | 0.37 | 0.37 | 0.06 | 4.13 | |
| Total Liabilities | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 19.76 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.01 | 0.01 | 0.01 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.04 | 0.02 | 0.05 | 9.35 | 6.28 | 5.35 | 5.44 | 5.16 | 19.75 | |
| Total Assets | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 19.76 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.03 | -2.85 | 4.60 | -3.02 | -0.33 | -0.39 | -9.73 | |||
| 0.00 | 0.00 | -4.12 | 0.42 | 0.32 | 0.38 | -0.35 | |||
| 0.00 | 3.00 | -0.02 | 2.00 | 0.00 | 0.00 | 10.24 | |||
| Net Cash Flow | 0.03 | 0.14 | 0.46 | -0.59 | -0.01 | -0.01 | 0.16 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 255.67 | 9.71 | 57.98 | 131.75 | 0.00 | 375.77 | ||
| Inventory Days | 0.00 | 0.00 | 10.89 | 0.00 | 0.00 | 821.42 | |||
| Days Payable | 21.77 | 262.32 | |||||||
| Cash Conversion Cycle | 121.67 | 255.67 | 9.71 | 47.10 | 131.75 | 0.00 | 934.86 | ||
| Working Capital Days | 121.67 | 94.33 | 74.42 | 299.08 | 489.92 | 977.20 | 923.87 | ||
| ROCE % | 0.00% | 100.00% | -0.65% | 0.00% | 3.25% | 1.78% | 1.57% | 3.76% |
Documents
Announcements
-
Reg 30(8) - Trading Approval Of Additional Securities
1d - Trading approval received for 8 million preferential equity shares from BSE on August 14, 2025.
-
Disclosure Under Regulation 29(1) Of SEBI (Substantial Acquisitions Of Shares And
Takeovers )Regulation ,2011
8 Aug - 2 million shares acquired on warrant conversion by Syamali Security in Afloat Enterprises.
-
Disclosure Under Regulation 29(1) Of SEBI (Substantial Acquisitions Of Shares And
Takeovers )Regulation ,2011
8 Aug - Alrick Constructions converted 2,000,000 warrants into equity shares of Afloat Enterprises.
-
Disclosure Under Regulation 29(1) Of SEBI (Substantial Acquisitions Of Shares And
Takeovers )Regulation ,2011
8 Aug - Pine View Portfolio converts warrants into 2 million equity shares of Afloat Enterprises Limited.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 6 Aug
Business Overview:[1][2][3]
a) AEL primarily trades in metals, focusing on iron and steel products such as plates, ETP sheets, TFS, and various scraps including mild steel, carbon steel, and stainless steel.
b) It also trades, imports, and exports a wide range of agricultural commodities including wheat, rice, corn, edible oils, cereals, and other food grains, along with carbon (diamonds) and non-ferrous materials like gold.
c) AEL acts as a broker, stockist, market maker, underwriter, and service provider in commodity-related activities, including buying, value addition, conversion, and disposal of commodities and their derivatives.