AKI India Ltd

AKI India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

AKI India Ltd

₹ 19.2 -0.26%
17 Sep 4:01 p.m.
groupaki.com BSE: 542020 NSE: AKI
About

Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products[1]

Key Points

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

Website BSE NSE
  • Market Cap ₹ 165 Cr.
  • Current Price ₹ 19.2
  • High / Low ₹ 32.5 / 10.6
  • Stock P/E 112
  • Book Value ₹ 6.96
  • Dividend Yield 0.00 %
  • ROCE 6.07 %
  • ROE 3.67 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 2.75 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.3.44 Cr.
  • Promoter holding has decreased over last 3 years: -18.6%
  • Working capital days have increased from 152 days to 218 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
18.92 11.85 16.87 12.23 14.52 14.40 17.12 19.28 20.12 20.77
14.46 11.70 15.58 11.52 13.66 13.73 16.50 18.86 19.48 20.27
Operating Profit 4.46 0.15 1.29 0.71 0.86 0.67 0.62 0.42 0.64 0.50
OPM % 23.57% 1.27% 7.65% 5.81% 5.92% 4.65% 3.62% 2.18% 3.18% 2.41%
1.45 0.38 0.68 0.79 0.50 0.73 0.60 0.94 0.95 0.95
Interest 0.42 0.33 0.44 0.55 0.67 0.53 0.44 0.50 0.36 0.39
Depreciation 0.43 0.46 0.47 0.48 0.48 0.40 0.47 0.47 0.51 0.44
Profit before tax 5.06 -0.26 1.06 0.47 0.21 0.47 0.31 0.39 0.72 0.62
Tax % 33.20% 0.00% 23.58% 38.30% -9.52% 31.91% 29.03% 35.90% 19.44% 30.65%
3.38 -0.26 0.81 0.29 0.23 0.32 0.22 0.25 0.57 0.43
EPS in Rs 0.50 -0.04 0.12 0.04 0.03 0.05 0.03 0.04 0.07 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 Mar 2024 TTM
13.86 32.97 40.23 40.94 46.05 60.90 70.23 70.91 77.29
14.12 32.65 39.26 40.04 45.03 58.57 67.32 68.57 75.11
Operating Profit -0.26 0.32 0.97 0.90 1.02 2.33 2.91 2.34 2.18
OPM % -1.88% 0.97% 2.41% 2.20% 2.21% 3.83% 4.14% 3.30% 2.82%
0.95 1.50 2.12 2.41 3.08 3.04 2.57 3.22 3.44
Interest 0.22 1.60 1.59 1.71 1.16 1.39 2.01 1.83 1.69
Depreciation 0.27 1.38 1.39 1.40 1.34 2.23 1.90 1.85 1.89
Profit before tax 0.20 -1.16 0.11 0.20 1.60 1.75 1.57 1.88 2.04
Tax % 50.00% -6.90% -54.55% 45.00% 30.62% 5.71% 26.75% 27.13%
0.10 -1.08 0.17 0.11 1.11 1.65 1.16 1.37 1.47
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%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 33%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -11%
Stock Price CAGR
10 Years: %
5 Years: 62%
3 Years: 111%
1 Year: 56%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 4%

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
Equity Capital 0.87 1.50 1.50 5.00 7.50 10.30 13.39 17.15
Reserves 1.86 0.83 0.99 1.10 -0.25 3.77 1.60 42.56
8.27 20.71 21.84 20.89 16.48 29.43 29.51 18.07
5.14 15.00 15.35 13.07 13.13 16.99 18.75 26.33
Total Liabilities 16.14 38.04 39.68 40.06 36.86 60.49 63.25 104.11
4.98 9.35 9.89 9.35 7.66 13.73 12.16 12.73
CWIP 0.23 1.11 1.87 2.00 2.00 2.51 4.47 7.00
Investments 0.45 0.04 0.04 0.04 0.04 2.48 1.03 1.03
10.48 27.54 27.88 28.67 27.16 41.77 45.59 83.35
Total Assets 16.14 38.04 39.68 40.06 36.86 60.49 63.25 104.11

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
1.27 -0.69 3.20 0.76 2.27 -17.62
-2.69 -0.99 0.56 -0.99 -0.95 -17.69
1.26 1.37 -4.16 0.34 -1.10 35.65
Net Cash Flow -0.17 -0.31 -0.41 0.11 0.22 0.34

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023 Mar 2024
Debtor Days 161.43 149.56 120.85 107.97 94.72 106.26 103.32 108.56
Inventory Days 101.68 127.63 120.29 135.69 108.28 131.86 129.33 178.61
Days Payable 155.01 185.37 153.19 136.24 110.64 124.33 118.20 141.24
Cash Conversion Cycle 108.11 91.82 87.95 107.42 92.36 113.79 114.45 145.93
Working Capital Days 127.99 118.35 97.90 125.53 102.09 125.08 112.10 217.73
ROCE % 7.18% 7.44% 10.88% 8.14% 6.07%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 72.81% 68.94% 68.64% 68.64% 53.57% 54.24%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.50% 3.39%
27.19% 27.19% 27.19% 27.20% 27.20% 27.20% 27.20% 31.06% 31.36% 31.36% 42.93% 42.37%
No. of Shareholders 484749611231301502,6775,4694,4094,9676,765

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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