AKI India Ltd
Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products[1]
- Market Cap ₹ 69.3 Cr.
- Current Price ₹ 7.83
- High / Low ₹ 29.0 / 6.63
- Stock P/E 41.3
- Book Value ₹ 7.36
- Dividend Yield 0.00 %
- ROCE 5.49 %
- ROE 2.69 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.06 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 3.68% over last 3 years.
- Earnings include an other income of Rs.6.52 Cr.
- Promoter holding has decreased over last 3 years: -18.1%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
13.86 | 32.97 | 40.23 | 40.94 | 46.05 | 60.90 | 70.23 | 70.91 | 80.96 | |
14.12 | 32.65 | 39.26 | 40.04 | 45.03 | 58.57 | 67.32 | 68.57 | 81.11 | |
Operating Profit | -0.26 | 0.32 | 0.97 | 0.90 | 1.02 | 2.33 | 2.91 | 2.34 | -0.15 |
OPM % | -1.88% | 0.97% | 2.41% | 2.20% | 2.21% | 3.83% | 4.14% | 3.30% | -0.19% |
0.95 | 1.50 | 2.12 | 2.41 | 3.08 | 3.04 | 2.57 | 3.22 | 6.52 | |
Interest | 0.22 | 1.60 | 1.59 | 1.71 | 1.16 | 1.39 | 2.01 | 1.83 | 1.89 |
Depreciation | 0.27 | 1.38 | 1.39 | 1.40 | 1.34 | 2.23 | 1.90 | 1.85 | 1.81 |
Profit before tax | 0.20 | -1.16 | 0.11 | 0.20 | 1.60 | 1.75 | 1.57 | 1.88 | 2.67 |
Tax % | 50.00% | -6.90% | -54.55% | 45.00% | 30.62% | 5.71% | 26.75% | 27.13% | 37.08% |
0.10 | -1.08 | 0.17 | 0.11 | 1.11 | 1.65 | 1.16 | 1.37 | 1.68 | |
EPS in Rs | 0.18 | -1.10 | 0.17 | 0.03 | 0.23 | 0.25 | 0.17 | 0.16 | 0.19 |
Dividend Payout % | 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: | % |
3 Years: | 10% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | % |
3 Years: | 7% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
1 Year: | -65% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.87 | 1.50 | 1.50 | 5.00 | 7.50 | 10.30 | 13.39 | 17.15 | 17.71 |
Reserves | 1.86 | 0.83 | 0.99 | 1.10 | -0.25 | 3.77 | 1.60 | 42.56 | 47.43 |
8.27 | 20.71 | 21.84 | 20.89 | 16.48 | 29.43 | 29.51 | 21.84 | 19.34 | |
5.14 | 15.00 | 15.35 | 13.07 | 13.13 | 16.99 | 18.75 | 22.56 | 29.89 | |
Total Liabilities | 16.14 | 38.04 | 39.68 | 40.06 | 36.86 | 60.49 | 63.25 | 104.11 | 114.37 |
4.98 | 9.35 | 9.89 | 9.35 | 7.66 | 13.73 | 12.16 | 12.73 | 11.63 | |
CWIP | 0.23 | 1.11 | 1.87 | 2.00 | 2.00 | 2.51 | 4.47 | 7.00 | 8.77 |
Investments | 0.45 | 0.04 | 0.04 | 0.04 | 0.04 | 2.48 | 1.03 | 1.03 | 1.14 |
10.48 | 27.54 | 27.88 | 28.67 | 27.16 | 41.77 | 45.59 | 83.35 | 92.83 | |
Total Assets | 16.14 | 38.04 | 39.68 | 40.06 | 36.86 | 60.49 | 63.25 | 104.11 | 114.37 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
1.27 | -0.69 | 3.20 | 0.76 | -1.05 | -17.62 | -2.67 | |||
-2.69 | -0.99 | 0.56 | -0.99 | -0.74 | -17.69 | -1.51 | |||
1.26 | 1.37 | -4.16 | 0.34 | 1.99 | 35.64 | 5.15 | |||
Net Cash Flow | -0.17 | -0.31 | -0.41 | 0.11 | 0.20 | 0.34 | 0.97 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 161.43 | 149.56 | 120.85 | 107.97 | 94.72 | 106.26 | 103.32 | 108.56 | 128.90 |
Inventory Days | 101.68 | 127.63 | 120.29 | 135.69 | 108.28 | 131.86 | 129.33 | 178.61 | 169.55 |
Days Payable | 155.01 | 185.37 | 153.19 | 136.24 | 110.64 | 124.33 | 118.20 | 141.24 | 124.97 |
Cash Conversion Cycle | 108.11 | 91.82 | 87.95 | 107.42 | 92.36 | 113.79 | 114.45 | 145.93 | 173.47 |
Working Capital Days | 127.99 | 118.35 | 97.90 | 125.53 | 102.09 | 125.08 | 112.05 | 217.68 | 218.48 |
ROCE % | 7.18% | 7.44% | 10.88% | 8.14% | 5.89% | 5.49% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - 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
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Saturday, 24Th May, 2025
24 May - Received Rs. 5.17 Cr 3rd tranche for 1.46 Cr convertible warrants on preferential basis.
-
Integrated Filing (Financial)
22 May - AKI India reports audited Q4 and FY25 financials with profit before tax Rs. 266.68L and net profit Rs. 167.78L.
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