AKI India Ltd
Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products[1]
- Market Cap ₹ 77.4 Cr.
- Current Price ₹ 7.50
- High / Low ₹ 27.3 / 6.63
- Stock P/E 47.5
- Book Value ₹ 7.33
- Dividend Yield 0.00 %
- ROCE 5.44 %
- ROE 2.62 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.02 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: -0.80%
- The company has delivered a poor sales growth of 10.8% over past five years.
- Company has a low return on equity of 3.57% over last 3 years.
- Earnings include an other income of Rs.6.42 Cr.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12.76 | 29.99 | 38.64 | 40.24 | 42.12 | 39.74 | 41.04 | 44.79 | 60.90 | 55.44 | 64.84 | 68.66 | |
12.75 | 29.50 | 37.58 | 39.25 | 41.29 | 38.67 | 38.98 | 43.22 | 58.57 | 52.43 | 62.33 | 68.77 | |
Operating Profit | 0.01 | 0.49 | 1.06 | 0.99 | 0.83 | 1.07 | 2.06 | 1.57 | 2.33 | 3.01 | 2.51 | -0.11 |
OPM % | 0.08% | 1.63% | 2.74% | 2.46% | 1.97% | 2.69% | 5.02% | 3.51% | 3.83% | 5.43% | 3.87% | -0.16% |
0.86 | 1.76 | 2.01 | 2.36 | 3.16 | 3.19 | 2.05 | 3.73 | 3.04 | 2.35 | 3.00 | 6.42 | |
Interest | 0.22 | 1.59 | 1.59 | 1.71 | 1.34 | 1.50 | 1.30 | 1.33 | 1.39 | 1.99 | 1.79 | 1.88 |
Depreciation | 0.27 | 1.38 | 1.39 | 1.39 | 1.42 | 1.63 | 1.75 | 2.27 | 2.23 | 1.90 | 1.85 | 1.81 |
Profit before tax | 0.38 | -0.72 | 0.09 | 0.25 | 1.23 | 1.13 | 1.06 | 1.70 | 1.75 | 1.47 | 1.87 | 2.62 |
Tax % | 23.68% | -11.11% | -66.67% | 36.00% | 73.98% | 55.75% | 29.25% | 48.24% | 5.71% | 27.21% | 27.27% | 37.79% |
0.29 | -0.63 | 0.14 | 0.15 | 0.31 | 0.50 | 0.75 | 0.89 | 1.65 | 1.08 | 1.36 | 1.63 | |
EPS in Rs | 0.52 | -0.64 | 0.14 | 0.05 | 0.06 | 0.07 | 0.11 | 0.13 | 0.25 | 0.16 | 0.16 | 0.18 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 4% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 6% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 34% |
3 Years: | -3% |
1 Year: | -72% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.87 | 1.50 | 1.50 | 5.00 | 7.50 | 10.30 | 10.30 | 10.30 | 10.30 | 13.39 | 17.15 | 17.71 |
Reserves | 1.87 | 1.33 | 1.48 | 1.63 | 1.01 | 1.64 | 2.40 | 2.53 | 3.77 | 1.54 | 42.42 | 47.18 |
8.27 | 21.17 | 22.76 | 20.89 | 17.68 | 21.37 | 21.63 | 27.87 | 29.43 | 29.51 | 21.84 | 19.17 | |
4.10 | 12.65 | 13.36 | 12.41 | 10.25 | 12.16 | 16.05 | 16.17 | 16.99 | 17.31 | 20.92 | 26.03 | |
Total Liabilities | 15.11 | 36.65 | 39.10 | 39.93 | 36.44 | 45.47 | 50.38 | 56.87 | 60.49 | 61.75 | 102.33 | 110.09 |
4.97 | 9.34 | 9.88 | 9.34 | 7.14 | 12.29 | 10.85 | 15.12 | 13.73 | 12.16 | 12.73 | 11.63 | |
CWIP | 0.23 | 1.11 | 1.87 | 2.00 | 4.00 | 0.91 | 7.03 | 2.31 | 2.51 | 4.47 | 7.00 | 8.77 |
Investments | 0.95 | 0.95 | 0.95 | 0.95 | 1.09 | 2.54 | 2.54 | 2.49 | 2.48 | 2.48 | 2.48 | 2.59 |
8.96 | 25.25 | 26.40 | 27.64 | 24.21 | 29.73 | 29.96 | 36.95 | 41.77 | 42.64 | 80.12 | 87.10 | |
Total Assets | 15.11 | 36.65 | 39.10 | 39.93 | 36.44 | 45.47 | 50.38 | 56.87 | 60.49 | 61.75 | 102.33 | 110.09 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.04 | -0.67 | 3.14 | -0.00 | 7.38 | -4.92 | 0.76 | 3.67 | -17.59 | -3.25 | |||
-2.68 | -0.98 | 0.48 | -0.00 | -6.37 | -1.68 | -0.99 | -2.40 | -17.80 | -1.07 | |||
1.26 | 1.37 | -4.15 | -0.00 | -0.75 | 6.49 | 0.34 | -1.10 | 35.65 | 4.98 | |||
Net Cash Flow | -0.39 | -0.28 | -0.53 | -0.00 | 0.26 | -0.10 | 0.11 | 0.17 | 0.27 | 0.65 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 151.32 | 144.10 | 118.55 | 106.22 | 86.83 | 98.00 | 83.25 | 131.20 | 106.26 | 115.68 | 103.30 | 132.21 |
Inventory Days | 89.78 | 134.46 | 120.83 | 134.39 | 119.57 | 166.35 | 197.35 | 161.29 | 131.86 | 167.41 | 196.65 | 201.61 |
Days Payable | 133.93 | 180.30 | 148.37 | 132.16 | 103.91 | 134.78 | 186.18 | 159.46 | 124.33 | 145.23 | 145.81 | 135.77 |
Cash Conversion Cycle | 107.17 | 98.26 | 91.02 | 108.44 | 102.48 | 129.57 | 94.41 | 133.03 | 113.79 | 137.86 | 154.14 | 198.05 |
Working Capital Days | 122.72 | 118.18 | 90.59 | 111.93 | 107.28 | 146.96 | 97.92 | 151.66 | 125.08 | 132.20 | 229.73 | 253.26 |
ROCE % | 5.50% | 6.76% | 7.36% | 9.68% | 8.84% | 6.98% | 6.08% | 6.51% | 7.87% | 5.82% | 5.44% |
Documents
Announcements
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Monday, 9Th June, 2025
9 Jun - Allotment of 1.47 crore equity shares on warrant conversion at Rs.18.71 each, raising paid-up capital.
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Wednesday, 4Th June, 2025
4 Jun - Received Rs.5.66 Cr for 5th tranche of 1.47 Cr convertible warrants at Rs.18.71 each.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - AKI India files Annual Secretarial Compliance Report for FY25 with minor non-compliances, no penalties.
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Thursday, 29Th May, 2025
29 May - Received Rs. 5.9 Cr for 4th tranche of 1.47 Cr convertible warrants at Rs.18.71 each.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May
Business Overview:[1][2]
AKIIL processes hides into finished leather and upholstery, and manufactures leather products such as footwear, horse bridles, browbands, crown pieces, pony articles and saddle girths, etc. It also designs and manufactures leather products for equestrian sports, horse covers, leather bags, belts and finished leather. Company takes technical assistance from Horse Riding Group from Germany for making of Leather Saddlery & Harness Goods