AFLOAT Enterprises Ltd
₹ 6.45
9.14%
30 Sep
10:01 a.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 ₹ 8.10 Cr.
- Current Price ₹ 6.45
- High / Low ₹ 15.5 / 5.76
- 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 0.51 times its book value
- Debtor days have improved from 271 to 166 days.
Cons
- Promoter holding has decreased over last quarter: -21.1%
- The company has delivered a poor sales growth of -30.7% over past five years.
- Promoter holding is low: 16.6%
- Company has a low return on equity of 0.96% over last 3 years.
- Contingent liabilities of Rs.3.28 Cr.
- Company has high debtors of 166 days.
- 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: | -18% |
| 1 Year: | -60% |
| 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 | 12.56 |
| Reserves | -0.02 | -0.02 | 0.00 | 0.26 | 0.26 | 0.45 | 0.52 | 0.55 | 11.07 | 3.07 |
| 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
| 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 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Number of permanent employees count |
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| Revenue share of ETP Sheets % |
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| Revenue share of Gold Bars & Coins % |
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| Revenue share of Tin plates % |
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Documents
Announcements
- Closure of Trading Window
-
Announcement Under Reg 30 _ Completion Of Email To Shareholder Of Notice Of AGM
- AGM notice dispatched to shareholders; completion confirmed on September 4, 2026.
-
Newspaper Advertisement Of Notice Of AGM
- Newspaper advertisement of AGM notice published in Financial Express and Jansatta on September 5, 2026.
-
Announcement Under Reg 30_ Intimation Of Letter Sent To Shareholder As Per Reg 36(1) (B) Of SEBI LODR Reg 2015
- AFLOAT Enterprises will hold its 11th AGM on September 30, 2026, and shared the 2025-26 annual report link.
-
Notice Of 11Th AGM To Be Held On September 30,2026
- AGM on 30 Sep 2026; annual report filed, with auditor and director appointment proposals.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
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.