AKI India Ltd
Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products[1]
- Market Cap ₹ 204 Cr.
- Current Price ₹ 23.7
- High / Low ₹ 32.5 / 10.6
- Stock P/E 150
- Book Value ₹ 5.99
- Dividend Yield 0.00 %
- ROCE 6.00 %
- ROE 3.65 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.96 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.3% over past five years.
- Company has a low return on equity of 5.86% over last 3 years.
- Earnings include an other income of Rs.3.00 Cr.
- Promoter holding has decreased over last 3 years: -18.6%
- Working capital days have increased from 162 days to 230 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
Sector: Leather Industry: Leather / Leather Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10.97 | 12.76 | 29.99 | 38.64 | 40.24 | 42.12 | 39.74 | 41.04 | 44.79 | 60.90 | 55.44 | 64.84 | |
10.57 | 12.75 | 29.50 | 37.58 | 39.25 | 41.29 | 38.67 | 38.98 | 43.22 | 58.57 | 52.43 | 62.33 | |
Operating Profit | 0.40 | 0.01 | 0.49 | 1.06 | 0.99 | 0.83 | 1.07 | 2.06 | 1.57 | 2.33 | 3.01 | 2.51 |
OPM % | 3.65% | 0.08% | 1.63% | 2.74% | 2.46% | 1.97% | 2.69% | 5.02% | 3.51% | 3.83% | 5.43% | 3.87% |
0.00 | 0.86 | 1.76 | 2.01 | 2.36 | 3.16 | 3.19 | 2.05 | 3.73 | 3.04 | 2.35 | 3.00 | |
Interest | 0.00 | 0.22 | 1.59 | 1.59 | 1.71 | 1.34 | 1.50 | 1.30 | 1.33 | 1.39 | 1.99 | 1.79 |
Depreciation | 0.00 | 0.27 | 1.38 | 1.39 | 1.39 | 1.42 | 1.63 | 1.75 | 2.27 | 2.23 | 1.90 | 1.85 |
Profit before tax | 0.40 | 0.38 | -0.72 | 0.09 | 0.25 | 1.23 | 1.13 | 1.06 | 1.70 | 1.75 | 1.47 | 1.87 |
Tax % | 0.00% | 23.68% | -11.11% | -66.67% | 36.00% | 73.98% | 55.75% | 29.25% | 48.24% | 5.71% | 27.21% | 27.27% |
0.40 | 0.29 | -0.63 | 0.14 | 0.15 | 0.31 | 0.50 | 0.75 | 0.89 | 1.65 | 1.08 | 1.36 | |
EPS in Rs | 0.71 | 0.52 | -0.64 | 0.14 | 0.05 | 0.06 | 0.07 | 0.11 | 0.13 | 0.25 | 0.16 | 0.16 |
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: | % |
5 Years: | 10% |
3 Years: | 13% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 40% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 85% |
3 Years: | 134% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.87 | 0.87 | 1.50 | 1.50 | 5.00 | 7.50 | 10.30 | 10.30 | 10.30 | 10.30 | 13.39 | 17.15 |
Reserves | 1.29 | 1.87 | 1.33 | 1.48 | 1.63 | 1.01 | 1.64 | 2.40 | 2.53 | 3.77 | 1.54 | 34.26 |
5.37 | 8.27 | 21.17 | 22.76 | 20.89 | 17.68 | 21.37 | 21.63 | 27.87 | 29.43 | 29.51 | 18.07 | |
4.51 | 4.10 | 12.65 | 13.36 | 12.41 | 10.25 | 12.16 | 16.05 | 16.17 | 16.99 | 17.31 | 32.85 | |
Total Liabilities | 12.04 | 15.11 | 36.65 | 39.10 | 39.93 | 36.44 | 45.47 | 50.38 | 56.87 | 60.49 | 61.75 | 102.33 |
2.16 | 4.97 | 9.34 | 9.88 | 9.34 | 7.14 | 12.29 | 10.85 | 15.12 | 13.73 | 12.16 | 12.73 | |
CWIP | 0.00 | 0.23 | 1.11 | 1.87 | 2.00 | 4.00 | 0.91 | 7.03 | 2.31 | 2.51 | 4.47 | 7.00 |
Investments | 1.00 | 0.95 | 0.95 | 0.95 | 0.95 | 1.09 | 2.54 | 2.54 | 2.49 | 2.48 | 2.48 | 2.48 |
8.88 | 8.96 | 25.25 | 26.40 | 27.64 | 24.21 | 29.73 | 29.96 | 36.95 | 41.77 | 42.64 | 80.12 | |
Total Assets | 12.04 | 15.11 | 36.65 | 39.10 | 39.93 | 36.44 | 45.47 | 50.38 | 56.87 | 60.49 | 61.75 | 102.33 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 1.04 | -0.67 | 3.14 | 0.00 | 7.38 | -4.92 | 0.76 | 3.67 | -17.59 | |||
0.00 | -2.68 | -0.98 | 0.48 | 0.00 | -6.37 | -1.68 | -0.99 | -2.40 | -17.80 | |||
0.00 | 1.26 | 1.37 | -4.15 | 0.00 | -0.75 | 6.49 | 0.34 | -1.10 | 35.65 | |||
Net Cash Flow | 0.00 | -0.39 | -0.28 | -0.53 | 0.00 | 0.26 | -0.10 | 0.11 | 0.17 | 0.27 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 137.75 | 151.32 | 144.10 | 118.55 | 106.22 | 86.83 | 98.00 | 83.25 | 131.20 | 106.26 | 115.68 | 103.30 |
Inventory Days | 89.78 | 134.46 | 120.83 | 134.39 | 119.57 | 166.35 | 197.35 | 161.29 | 131.86 | 167.41 | 196.65 | |
Days Payable | 133.93 | 180.30 | 148.37 | 132.16 | 103.91 | 134.78 | 186.18 | 159.46 | 124.33 | 145.23 | 145.81 | |
Cash Conversion Cycle | 137.75 | 107.17 | 98.26 | 91.02 | 108.44 | 102.48 | 129.57 | 94.41 | 133.03 | 113.79 | 137.86 | 154.14 |
Working Capital Days | 143.07 | 122.72 | 118.18 | 90.59 | 111.93 | 107.28 | 146.96 | 97.92 | 151.66 | 125.08 | 132.20 | 229.73 |
ROCE % | 5.21% | 5.50% | 6.76% | 7.36% | 9.68% | 8.84% | 6.98% | 6.08% | 6.51% | 7.87% | 6.00% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Submission of Certificate under Regulation 74(5) of SEBI (Depository and Participant) Regulation, 2018 for the quarter ended on 30th June, 2024.
- Closure of Trading Window 29 Jun
- Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. 28Th June, 2024 28 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for the year ended on 31st March, 2024
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