AFLOAT Enterprises Ltd
Incorporated in 2015, Afloat Enterprises Ltd is in the business of trading metals viz. tin plates, ETP sheets, etc.[1]
- 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
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: | 33% |
| 1 Year: | 20% |
| 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
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
-
Intimation Of Letter Sent To Shareholders Whose Email Id Is Not Registered
2d - AGM notice and Annual Report 2024-25 link; requests shareholders update email and KYC.
- Reg. 34 (1) Annual Report. 2d
-
Intimation Of Book Closure And Record Date
1 Sep - Book closure Sep 21–27, 2025 for AGM Sep 27; e-voting Sep 24–26; cut-off Sep 20, 2025.
-
Intimation Of Book Closure And Record Date
1 Sep - Book closure Sept 21–27, 2025; AGM Sept 27; e-voting Sept 24–26; cut-off Sept 20, 2025.
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.