AKI India Ltd
Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products[1]
- Market Cap ₹ 63.6 Cr.
- Current Price ₹ 6.16
- High / Low ₹ 9.49 / 3.72
- Stock P/E 21.0
- Book Value ₹ 9.72
- Dividend Yield 0.00 %
- ROCE 4.49 %
- ROE 2.32 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.63 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.10% over last 3 years.
- Earnings include an other income of Rs.10.7 Cr.
- Promoter holding has decreased over last 3 years: -14.7%
* 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 33 | 40 | 41 | 46 | 61 | 70 | 71 | 81 | 107 | 119 | |
| 14 | 33 | 39 | 40 | 45 | 59 | 67 | 69 | 81 | 111 | 121 | |
| Operating Profit | -0 | 0 | 1 | 1 | 1 | 2 | 3 | 2 | -0 | -4 | -3 |
| OPM % | -1.9% | 1.0% | 2.4% | 2.2% | 2.2% | 3.8% | 4.1% | 3.3% | -0.2% | -3.8% | -2.2% |
| 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 7 | 11 | 11 | |
| Interest | 0 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 0 | -1 | 0 | 0 | 2 | 2 | 2 | 2 | 3 | 3 | 4 |
| Tax % | 50% | -7% | -55% | 45% | 31% | 6% | 27% | 27% | 37% | 28% | |
| 0 | -1 | 0 | 0 | 1 | 2 | 1 | 1 | 2 | 2 | 3 | |
| EPS in Rs | 0.18 | -1.10 | 0.17 | 0.03 | 0.23 | 0.25 | 0.17 | 0.16 | 0.19 | 0.19 | 0.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 126% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | -18% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 2% |
| Last Year: | 2% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.87 | 2 | 2 | 5 | 8 | 10 | 13 | 17 | 18 | 21 |
| Reserves | 2 | 1 | 1 | 1 | -0 | 4 | 2 | 43 | 47 | 80 |
| 8 | 21 | 22 | 21 | 16 | 29 | 30 | 18 | 22 | 27 | |
| 5 | 15 | 15 | 13 | 13 | 17 | 19 | 26 | 27 | 33 | |
| Total Liabilities | 16 | 38 | 40 | 40 | 37 | 60 | 63 | 104 | 114 | 160 |
| 5 | 9 | 10 | 9 | 8 | 14 | 12 | 13 | 12 | 14 | |
| CWIP | 0 | 1 | 2 | 2 | 2 | 3 | 4 | 7 | 9 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 2 |
| 10 | 28 | 28 | 29 | 27 | 42 | 46 | 83 | 93 | 135 | |
| Total Assets | 16 | 38 | 40 | 40 | 37 | 60 | 63 | 104 | 114 | 160 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -1 | 3 | 1 | 2 | -18 | -3 | -16 | |||
| -3 | -1 | 1 | -1 | -1 | -18 | -2 | -5 | |||
| 1 | 1 | -4 | 0 | -1 | 36 | 5 | 23 | |||
| Net Cash Flow | -0 | -0 | -0 | 0 | 0 | 0 | 1 | 2 | ||
| Free Cash Flow | -1 | -2 | 2 | -0 | -0 | -23 | -5 | -21 | ||
| CFO/OP | 131% | -59% | 353% | 58% | 96% | -728% | 1,213% | 367% |
Ratios
Consolidated / View Standalone
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 161 | 150 | 121 | 108 | 95 | 106 | 103 | 109 | 129 | 105 |
| Inventory Days | 102 | 128 | 120 | 136 | 108 | 132 | 129 | 179 | 170 | 210 |
| Days Payable | 155 | 185 | 153 | 136 | 111 | 124 | 118 | 136 | 125 | 102 |
| Cash Conversion Cycle | 108 | 92 | 88 | 107 | 92 | 114 | 114 | 151 | 173 | 214 |
| Working Capital Days | 128 | 118 | 98 | 126 | 102 | 30 | 31 | 130 | 146 | 218 |
| ROCE % | 7% | 7% | 11% | 8% | 6% | 5% | 4% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % ・Standalone data |
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| Traded Goods Revenue Share % ・Standalone data |
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| Domestic/Indigenous Revenue Share % ・Standalone data |
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| Footwear Segment Revenue Share % ・Standalone data |
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| Leather Segment Revenue Share % ・Standalone data |
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| Saddlery Segment Revenue Share % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 and half-year results.
- Voting Results Of Annual General Meeting Held On Wednesday, 23Rd September, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- 32nd AGM held on 23 September 2026; resolutions included accounts adoption, director appointments, and related party approval.
-
Announcement Under Regulation 30 (LODR) - Clarification Sought On Significant Movement In Price
- AKI India clarifies on 7 Sep 2026 that price movement is market-driven and no material event exists.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
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Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
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Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
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. The company receives technical assistance from Horse Riding Group in Germany for making leather saddlery & Harness Goods