AFLOAT Enterprises Ltd
₹ 11.2
4.67%
30 Apr
- close price
About
Incorporated in 2015, Adishakti Loha and Ispat Ltd does trading of Iron and Steel[1]
Key Points
- Market Cap ₹ 5.10 Cr.
- Current Price ₹ 11.2
- High / Low ₹ 16.0 / 7.70
- Stock P/E 24.3
- Book Value ₹ 11.4
- Dividend Yield 0.00 %
- ROCE 1.78 %
- ROE 1.39 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.98 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.66% over last 3 years.
- Debtor days have increased from 66.5 to 132 days.
- Working capital days have increased from 288 days to 490 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 0.00 | 0.03 | 10.95 | 11.28 | 5.98 | 3.74 | 5.46 | |
| 0.00 | 0.00 | 10.96 | 11.36 | 6.19 | 3.95 | 5.60 | |
| Operating Profit | 0.00 | 0.03 | -0.01 | -0.08 | -0.21 | -0.21 | -0.14 |
| OPM % | 100.00% | -0.09% | -0.71% | -3.51% | -5.61% | -2.56% | |
| 0.00 | 0.00 | 0.00 | 0.10 | 0.37 | 0.32 | 0.32 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 | 0.01 |
| Profit before tax | 0.00 | 0.03 | -0.01 | 0.00 | -0.02 | 0.09 | 0.17 |
| Tax % | 0.00% | -100.00% | 150.00% | 22.22% | |||
| 0.00 | 0.02 | -0.02 | 0.00 | 0.01 | 0.07 | 0.21 | |
| EPS in Rs | 0.00 | 20.00 | -0.07 | 0.00 | 0.02 | 0.15 | 0.47 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -30% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 77% |
| TTM: | 110% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 43% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 2.74 | 2.74 | 4.56 | 4.56 | 4.56 |
| Reserves | -0.02 | 0.00 | 0.26 | 0.26 | 0.45 | 0.52 | 0.65 |
| 0.03 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.00 | 0.01 | 6.33 | 3.33 | 0.37 | 0.37 | 0.05 | |
| Total Liabilities | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.26 |
| 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.01 | 0.01 | |
| CWIP | 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 |
| 0.02 | 0.05 | 9.35 | 6.28 | 5.35 | 5.44 | 5.25 | |
| Total Assets | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.26 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 0.03 | -2.85 | 4.60 | -3.02 | -0.64 | ||
| 0.00 | 0.00 | -4.12 | 0.42 | 0.63 | ||
| 0.00 | 3.00 | -0.02 | 2.00 | 0.00 | ||
| Net Cash Flow | 0.03 | 0.14 | 0.46 | -0.59 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 255.67 | 9.71 | 57.98 | 131.75 | |
| Inventory Days | 0.00 | 0.00 | 10.89 | 0.00 | ||
| Days Payable | 21.77 | |||||
| Cash Conversion Cycle | 121.67 | 255.67 | 9.71 | 47.10 | 131.75 | |
| Working Capital Days | 121.67 | 94.33 | 74.42 | 299.08 | 489.92 | |
| ROCE % | 100.00% | -0.65% | 0.00% | 3.25% | 1.78% |
Documents
Announcements
-
Compliance Certificate Under Reg 40(9)
27 Apr - Compliance certificate for the year ended march 2024
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
19 Apr - Non applicability certificate of Reg 24A Annual Secretarial Compliance
- Compliance Certificate For The Period Ended March 31,2024 18 Apr
- Non Applicability Of Large Corporate Disclosure 18 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr
Business Overview:[1]
Company is in the business of manufacturing and trading in iron and steel. It also deals in carbon (diamond), non ferrous material viz. gold and scraps i.e. mild steel product, carbon steel, stainless etc.