A.K.Capital Services Ltd

A.K.Capital Services Ltd

₹ 1,708 -2.72%
04 Jun - close price
About

Incorporated in 1993, A. K. Capital Services
Ltd is a SEBI Registered Category I Merchant Banker[1]

Key Points

Business Overview:[1]
AKCSL is a flagship company of the A. K. Capital group. It provides merchant banking services and corporate debt market services through managing Pvt. placements and public issues. Company deals in ~various fixed-income securities /instruments, i.e. NCDs, MLDs, PTCs and other fixed-income securities with the minimum investment-grade rating category

  • Market Cap 1,125 Cr.
  • Current Price 1,708
  • High / Low 1,799 / 1,025
  • Stock P/E 18.3
  • Book Value 799
  • Dividend Yield 2.22 %
  • ROCE 10.7 %
  • ROE 12.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 19.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 44.4%

Cons

  • Company has a low return on equity of 8.51% over last 3 years.
  • Working capital days have increased from 187 days to 523 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
29 30 29 31 35 28 30 31 34 35 66 40 45
Interest 7 9 8 10 12 10 10 12 13 14 12 12 11
11 11 11 11 11 8 11 10 11 10 28 11 13
Financing Profit 10 10 10 11 12 10 10 9 11 10 25 17 21
Financing Margin % 35% 34% 34% 34% 35% 35% 31% 29% 31% 30% 39% 42% 47%
0 0 0 0 1 1 1 1 1 1 1 1 1
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 10 10 9 10 12 10 9 9 10 10 25 17 21
Tax % 10% 25% 13% 18% 26% 25% 11% 8% 12% 24% 21% 11% 10%
9 7 8 8 9 7 8 8 9 8 20 15 19
EPS in Rs 12.89 10.86 11.67 12.06 13.59 11.17 12.48 12.35 13.79 11.86 30.21 22.76 28.48
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
95 69 93 105 85 63 72 86 115 127 127 185
Interest 19 11 24 33 16 10 10 13 28 40 45 49
49 31 35 42 36 27 28 38 46 44 40 62
Financing Profit 27 26 35 30 33 26 35 35 42 44 42 74
Financing Margin % 29% 38% 37% 28% 39% 42% 48% 41% 36% 34% 33% 40%
3 3 3 -0 0 -1 1 1 0 0 0 3
Depreciation 2 2 2 1 1 4 3 3 3 4 4 4
Profit before tax 28 27 36 28 32 22 32 33 39 40 38 73
Tax % 34% 32% 33% 33% 26% 16% 22% 20% 21% 21% 14% 16%
18 19 24 19 24 19 25 26 31 32 33 62
EPS in Rs 27.74 28.15 36.92 28.88 35.62 28.29 38.52 39.88 46.53 48.18 49.77 93.32
Dividend Payout % 22% 21% 16% 21% 17% 21% 16% 20% 26% 33% 76% 24%
Compounded Sales Growth
10 Years: 10%
5 Years: 21%
3 Years: 17%
TTM: 46%
Compounded Profit Growth
10 Years: 13%
5 Years: 19%
3 Years: 26%
TTM: 87%
Stock Price CAGR
10 Years: 22%
5 Years: 31%
3 Years: 50%
1 Year: 56%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 9%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 311 325 349 360 380 391 412 434 459 481 493 521
Borrowing 180 183 384 211 75 40 110 461 503 681 754 505
19 16 11 13 11 18 13 16 15 17 17 14
Total Liabilities 516 530 750 591 473 455 542 918 984 1,186 1,271 1,046
37 36 35 36 34 38 34 38 38 44 42 38
CWIP 0 0 0 0 0 0 0 1 0 0 0 0
Investments 457 473 700 545 427 408 500 870 930 1,126 1,197 728
22 21 15 10 12 9 7 9 15 16 32 279
Total Assets 516 530 750 591 473 455 542 918 984 1,186 1,271 1,046

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
16 20 18 14 16 9 3 -3 2 13 10 -171
-51 -3 -195 199 141 48 -59 -332 -7 -142 -12 500
31 -13 173 -213 -156 -56 55 334 7 128 8 -334
Net Cash Flow -4 3 -4 0 0 1 -1 -1 2 -1 6 -5
Free Cash Flow 17 19 17 12 16 8 3 -5 0 6 8 -171
CFO/OP 53% 78% 53% 53% 52% 37% 22% 7% 16% 27% 23% -127%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
ROE % 6% 6% 7% 5% 6% 5% 6% 6% 7% 7% 7% 12%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2026 (P)
Gross Non-Performing Assets (GNPA)
%

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Loan Book / AUM (Consolidated)
INR Crores
Debt Assignments Managed - Volume
INR Crores
Debt Management Assignments - Count
Number
Top 10 Exposure Concentration (%)
%
Market Share in Debt Capital Market (Private Placement)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

13 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
71.50% 71.50% 71.50% 71.50% 71.50% 71.50% 71.50% 71.50% 71.48% 70.72% 72.09% 72.16%
0.00% 0.00% 0.00% 0.00% 0.00% 2.04% 2.10% 2.10% 2.10% 1.94% 0.00% 0.00%
28.52% 28.51% 28.50% 28.50% 28.51% 26.45% 26.41% 26.39% 26.42% 27.34% 27.91% 27.84%
No. of Shareholders 2,1692,5362,3422,5572,6062,7232,5222,5752,6192,6682,9662,946

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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