AFLOAT Enterprises Ltd
₹ 14.4
3.24%
17 Jun
1:48 p.m.
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 ₹ 18.0 Cr.
- Current Price ₹ 14.4
- High / Low ₹ 15.5 / 9.60
- Stock P/E
- Book Value ₹ 12.4
- Dividend Yield 0.00 %
- ROCE 0.00 %
- ROE 0.00 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.12 times its book value
- Debtor days have improved from 271 to 166 days.
Cons
- The company has delivered a poor sales growth of -30.7% over past five years.
- Promoter holding is low: 37.7%
- Company has a low return on equity of 0.96% over last 3 years.
- Promoters have pledged 29.8% of their holding.
- Company has high debtors of 166 days.
- Promoter holding has decreased over last 3 years: -21.7%
- Working capital days have increased from 1,690 days to 3,167 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.03 | 10.95 | 11.28 | 5.98 | 3.74 | 1.89 | 6.10 | 1.80 | |
| 0.00 | 0.00 | 0.00 | 10.96 | 11.36 | 6.19 | 3.95 | 2.24 | 6.06 | 1.91 | |
| Operating Profit | 0.00 | 0.00 | 0.03 | -0.01 | -0.08 | -0.21 | -0.21 | -0.35 | 0.04 | -0.11 |
| OPM % | 100.00% | -0.09% | -0.71% | -3.51% | -5.61% | -18.52% | 0.66% | -6.11% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.37 | 0.32 | 0.44 | 0.35 | 0.11 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.01 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 |
| Profit before tax | 0.00 | 0.00 | 0.03 | -0.01 | 0.00 | -0.02 | 0.09 | 0.08 | 0.38 | 0.00 |
| 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 | 0.00 | |
| EPS in Rs | 0.00 | 0.00 | 20.00 | -0.07 | 0.00 | 0.02 | 0.15 | 0.07 | 0.59 | 0.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -31% |
| 3 Years: | -22% |
| TTM: | -70% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.74 | 2.74 | 4.56 | 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 | 11.07 |
| 0.05 | 0.03 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 | |
| 0.00 | 0.00 | 0.01 | 6.33 | 3.33 | 0.37 | 0.37 | 0.07 | 4.13 | 0.11 | |
| Total Liabilities | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.18 | 19.76 | 16.21 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.01 | 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 | 0.00 |
| Investments | 0.00 | 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 | 5.17 | 19.75 | 16.20 | |
| Total Assets | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.18 | 19.76 | 16.21 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.03 | -2.85 | 4.60 | -3.02 | -0.33 | -0.39 | -10.43 | -0.73 | |||
| 0.00 | 0.00 | -4.12 | 0.42 | 0.32 | 0.38 | 0.35 | 0.11 | |||
| 0.00 | 3.00 | -0.02 | 2.00 | 0.00 | 0.00 | 10.23 | 0.46 | |||
| Net Cash Flow | 0.03 | 0.14 | 0.46 | -0.59 | -0.01 | -0.01 | 0.16 | -0.16 | ||
| Free Cash Flow | 0.03 | -2.85 | 4.53 | -3.03 | -0.33 | -0.39 | -10.43 | -0.73 | ||
| CFO/OP | 100% | 28,400% | -5,775% | 1,429% | 162% | 100% | -25,950% | 655% |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 255.67 | 9.71 | 57.98 | 131.75 | 0.00 | 375.77 | 166.28 | ||
| Inventory Days | 0.00 | 0.00 | 10.89 | 0.00 | 0.00 | 821.42 | 2,914.71 | |||
| Days Payable | 21.77 | 262.32 | 0.00 | |||||||
| Cash Conversion Cycle | 121.67 | 255.67 | 9.71 | 47.10 | 131.75 | 0.00 | 934.86 | 3,080.99 | ||
| Working Capital Days | 121.67 | 94.33 | 74.42 | 299.08 | 489.92 | 977.20 | 924.47 | 3,167.39 | ||
| ROCE % | 0.00% | 100.00% | -0.65% | 0.00% | 3.25% | 1.78% | 1.57% | 3.76% | 0.00% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Inventory Balance (Stock-in-trade) INR in 000s |
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| Net Capital Turnover Ratio Times |
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| Total Permanent Employees Number |
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| Trade Receivable Turnover Ratio Times |
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Documents
Announcements
-
Announcement Under Reg 30_ Disclosure Under Reg 31(2) Of SEBI SAST , Reg. 2011 _ Release Of Encumbrance
13 Jun - Pawan Kumar Mittal released encumbrance on 1,412,525 promoter shares.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 13 Jun
- Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 13 Jun
-
Disclosure Under Reg 29( 2) Of SEBI (Substantial Acquisition Of Shares And
Takeovers) Regulations, 2011
12 Jun - Promoter group member sold 140,000 shares on 11 June 2026 and 200,000 shares on 12 June 2026.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Jun
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.