AKI India Ltd

AKI India Ltd

₹ 11.6 4.95%
04 Oct - close price
About

Incorporated in 1994, AKI Ltd manufactures and exports Leather and Leather Goods

Key Points

Business Overview:[1][2]
Company was established with technical assistance of Horse Riding Group from Germany for making of Leather Saddlery & Harness Goods. At present, company manufactures for equestrian sports, Horse Covers, Leather Footwear, Leather Bags, Belts and Finished Leather. Company's equity shares are listed on SME portal of BSE

  • Market Cap 76.6 Cr.
  • Current Price 11.6
  • High / Low 24.5 / 0.00
  • Stock P/E 66.0
  • Book Value 2.24
  • Dividend Yield 0.00 %
  • ROCE 8.14 %
  • ROE 7.98 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 5.20 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.87%
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.2.57 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Dec 2022 Mar 2023 Jun 2023
18.92 11.85 12.23 14.52 14.40
14.46 11.70 11.52 13.66 13.73
Operating Profit 4.46 0.15 0.71 0.86 0.67
OPM % 23.57% 1.27% 5.81% 5.92% 4.65%
1.45 0.38 0.79 0.50 0.73
Interest 0.42 0.33 0.55 0.67 0.53
Depreciation 0.43 0.46 0.48 0.48 0.40
Profit before tax 5.06 -0.26 0.47 0.21 0.47
Tax % 33.20% 0.00% 38.30% -9.52% 31.91%
3.38 -0.26 0.29 0.23 0.32
EPS in Rs 0.50 -0.04 0.04 0.03 0.05
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023
13.86 32.97 40.23 40.94 46.05 60.90 70.23
14.12 32.65 39.26 40.04 45.03 58.57 67.32
Operating Profit -0.26 0.32 0.97 0.90 1.02 2.33 2.91
OPM % -1.88% 0.97% 2.41% 2.20% 2.21% 3.83% 4.14%
0.95 1.50 2.12 2.41 3.08 3.04 2.57
Interest 0.22 1.60 1.59 1.71 1.16 1.39 2.01
Depreciation 0.27 1.38 1.39 1.40 1.34 2.23 1.90
Profit before tax 0.20 -1.16 0.11 0.20 1.60 1.75 1.57
Tax % 50.00% 6.90% -54.55% 45.00% 30.62% 5.71% 26.75%
0.10 -1.08 0.17 0.11 1.11 1.65 1.16
EPS in Rs 0.18 -1.10 0.17 0.03 0.23 0.25 0.17
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 18%
5 Years: 9%
3 Years: %
TTM: 15%
Compounded Profit Growth
10 Years: 34%
5 Years: 1%
3 Years: %
TTM: -16%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -30%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023
0.87 1.50 1.50 5.00 7.50 10.30 13.39
Reserves 1.86 0.83 0.99 1.10 -0.25 3.77 1.60
8.27 20.71 21.84 20.89 16.48 29.43 29.51
5.14 15.00 15.35 13.07 13.13 16.99 18.75
Total Liabilities 16.14 38.04 39.68 40.06 36.86 60.49 63.25
4.98 9.35 9.89 9.35 7.66 13.73 12.16
CWIP 0.23 1.11 1.87 2.00 2.00 2.51 4.47
Investments 0.45 0.04 0.04 0.04 0.04 2.48 1.03
10.48 27.54 27.88 28.67 27.16 41.77 45.59
Total Assets 16.14 38.04 39.68 40.06 36.86 60.49 63.25

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023
1.27 -0.69 3.20 0.76 2.27
-2.69 -0.99 0.56 -0.99 -0.95
1.26 1.37 -4.16 0.34 -1.10
Net Cash Flow -0.17 -0.31 -0.41 0.11 0.22

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023
Debtor Days 161.43 149.56 120.85 107.97 94.72 106.26 103.32
Inventory Days 101.68 127.63 120.29 135.69 108.28 131.86 129.33
Days Payable 155.01 185.37 153.19 136.24 110.64 124.33 118.20
Cash Conversion Cycle 108.11 91.82 87.95 107.42 92.36 113.79 114.45
Working Capital Days 127.99 118.35 97.90 125.53 102.09 125.08 112.10
ROCE % 7.18% 7.44% 10.88% 8.14%

Shareholding Pattern

Numbers in percentages

Mar 2020Sep 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 68.94%
27.19% 27.19% 27.19% 27.19% 27.19% 27.19% 27.19% 27.20% 27.20% 27.20% 27.20% 31.06%
No. of Shareholders 51514747484749611231301502,677

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