AKI India Ltd
Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products[1]
- Market Cap ₹ 50.3 Cr.
- Current Price ₹ 4.87
- High / Low ₹ 16.2 / 3.72
- Stock P/E 26.0
- Book Value ₹ 9.72
- Dividend Yield 0.00 %
- ROCE 4.67 %
- ROE 2.33 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.49 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 2.44% over last 3 years.
- Earnings include an other income of Rs.11.0 Cr.
- Promoter holding has decreased over last 3 years: -18.9%
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 33 | 40 | 41 | 46 | 61 | 70 | 71 | 81 | 107 | |
| 14 | 33 | 39 | 40 | 45 | 59 | 67 | 69 | 81 | 111 | |
| Operating Profit | -0 | 0 | 1 | 1 | 1 | 2 | 3 | 2 | -0 | -4 |
| OPM % | -2% | 1% | 2% | 2% | 2% | 4% | 4% | 3% | -0% | -4% |
| 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 7 | 11 | |
| Interest | 0 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 0 | -1 | 0 | 0 | 2 | 2 | 2 | 2 | 3 | 3 |
| Tax % | 50% | -7% | -55% | 45% | 31% | 6% | 27% | 27% | 37% | 28% |
| 0 | -1 | 0 | 0 | 1 | 2 | 1 | 1 | 2 | 2 | |
| EPS in Rs | 0.18 | -1.10 | 0.17 | 0.03 | 0.23 | 0.25 | 0.17 | 0.16 | 0.19 | 0.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 66% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | -39% |
| 1 Year: | -45% |
| 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 | 19 | 21 | |
| 5 | 15 | 15 | 13 | 13 | 17 | 19 | 26 | 30 | 38 | |
| 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 | -1 | -18 | -3 | -16 | |||
| -3 | -1 | 1 | -1 | -1 | -18 | -2 | -5 | |||
| 1 | 1 | -4 | 0 | 2 | 36 | 5 | 23 | |||
| Net Cash Flow | -0 | -0 | -0 | 0 | 0 | 0 | 1 | 2 | ||
| Free Cash Flow | -1 | -2 | 2 | -0 | -3 | -23 | -5 | -21 | ||
| CFO/OP | 131% | -59% | 353% | 58% | -18% | -728% | 1,213% | 367% |
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 | 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% | 5% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capital Work-in-Progress (Operational Expansion Indicator) INR Lakhs ・Standalone data |
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| Revenue from Operations (Product Sales Breakup - Standalone) INR Lakhs ・Standalone data |
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| Export Revenue (Foreign Exchange Earnings CIF/FOB) INR Lakhs ・Standalone data |
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| Footwear Segment Revenue (Standalone) INR Lakhs ・Standalone data |
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| Leather Segment Revenue (Standalone) INR Lakhs ・Standalone data |
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| Total Revenue (Consolidated) INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 20h
-
Integrated Filing (Financial) For The Quarter And Year Ended On 31St March, 2026
15 May - AKI India posted FY26 audited standalone profit of 144.25 lakh on 6,171.49 lakh revenue; consolidated profit 193.44 lakh.
-
Annoucement Under Regulation 30 - Appointment Of Internal Auditor
15 May - Board approved FY26 audited standalone and consolidated results, and appointed internal auditor for FY27.
-
Financial Result For The Quarter And Year Ended On 31St March, 2026
15 May - Board approved audited standalone and consolidated results for year ended 31 March 2026; appointed internal auditor for FY27.
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Friday, 15Th May, 2026
15 May - Board approved audited standalone/consolidated results for FY2026 and appointed internal auditor for FY2026-27.
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