Alankit Ltd

Alankit Ltd

₹ 18.0 1.98%
26 Apr - close price
About

Incorporated in 1989, Alankit Ltd is in
the business of e-Governance services
& products trading, and ancillary services related to e-Governance business[1]

Key Points

Business Overview:[1]
AL is the flagship company of Alankit which is renowned for its expertise across a diverse spectrum of offerings in Financial, RegTech, Channel Business, Managed Services, and Technology Solutions. Co. collaborates with numerous government departments in India to champion transparency and operational efficiency, facilitating the seamless delivery of multiple services to the populace.

  • Market Cap 405 Cr.
  • Current Price 18.0
  • High / Low 23.6 / 8.16
  • Stock P/E 20.6
  • Book Value 7.52
  • Dividend Yield 0.00 %
  • ROCE 7.80 %
  • ROE 13.8 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Debtor days have improved from 107 to 80.1 days.
  • Promoter holding has increased by 2.13% over last quarter.

Cons

  • Tax rate seems low
  • Company has a low return on equity of 9.26% over last 3 years.
  • Contingent liabilities of Rs.218 Cr.
  • Earnings include an other income of Rs.12.8 Cr.
  • Promoter holding has decreased over last 3 years: -17.2%

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
32.28 27.97 32.12 33.16 33.93 28.94 34.22 13.19 116.10 148.18 48.62 43.32 52.61
27.16 25.39 26.70 30.11 26.79 34.42 27.02 27.86 105.15 139.92 43.26 38.70 49.05
Operating Profit 5.12 2.58 5.42 3.05 7.14 -5.48 7.20 -14.67 10.95 8.26 5.36 4.62 3.56
OPM % 15.86% 9.22% 16.87% 9.20% 21.04% -18.94% 21.04% -111.22% 9.43% 5.57% 11.02% 10.66% 6.77%
0.65 1.32 2.43 1.64 1.28 3.17 1.58 -36.85 -6.81 2.08 2.45 2.47 5.76
Interest 0.39 0.44 0.38 0.32 0.51 0.35 0.48 0.49 0.52 0.13 0.25 0.60 0.56
Depreciation 1.07 1.26 2.02 2.11 2.17 2.40 2.13 1.90 1.97 2.47 1.94 1.91 1.88
Profit before tax 4.31 2.20 5.45 2.26 5.74 -5.06 6.17 -53.91 1.65 7.74 5.62 4.58 6.88
Tax % 15.31% 36.36% 34.31% 37.17% 61.32% 14.03% 24.64% 7.81% -161.21% 27.52% 13.70% 44.54% -18.02%
3.65 1.41 3.58 1.42 2.21 -4.34 4.65 -49.69 4.31 5.60 4.85 2.54 8.12
EPS in Rs 0.25 0.10 0.25 0.09 0.15 -0.31 0.31 -3.24 0.24 0.21 0.21 0.09 0.36
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3 31 85 105 130 156 115 128 312 293
3 22 64 76 110 132 96 117 299 271
Operating Profit -1 9 21 29 21 24 19 11 13 22
OPM % -27% 28% 25% 28% 16% 15% 17% 9% 4% 7%
2 0 2 4 8 7 3 9 -40 13
Interest 0 0 1 3 2 3 4 3 2 2
Depreciation 0 3 1 4 4 5 4 9 8 8
Profit before tax 1 5 20 26 22 23 15 8 -38 25
Tax % 64% 29% 35% 16% 35% 38% 24% 66% 8%
0 4 13 22 14 14 11 3 -35 21
EPS in Rs 0.03 0.26 0.93 1.52 0.98 0.98 0.69 0.17 -1.50 0.87
Dividend Payout % 193% 39% 22% 13% 20% 20% 29% 121% 0%
Compounded Sales Growth
10 Years: %
5 Years: 24%
3 Years: 26%
TTM: 52%
Compounded Profit Growth
10 Years: %
5 Years: -1%
3 Years: 18%
TTM: 783%
Stock Price CAGR
10 Years: 16%
5 Years: -14%
3 Years: 9%
1 Year: 119%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 9%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 7 7 14 14 14 14 14 14 22 22
Reserves 24 28 33 49 59 73 80 119 139 146
0 0 5 5 14 13 14 21 13 13
1 16 26 58 53 71 57 107 128 142
Total Liabilities 33 51 78 126 140 172 165 261 302 324
1 28 28 36 55 50 68 87 56 59
CWIP 0 0 0 18 16 18 1 0 0 0
Investments 1 0 2 1 1 0 1 12 11 9
30 23 49 70 68 104 97 161 236 255
Total Assets 33 51 78 126 140 172 165 261 302 324

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 18 2 28 19 -9 -2 2 -49
-4 -29 -1 -27 -22 4 -3 -27 -19
11 12 2 1 4 -2 -3 41 63
Net Cash Flow 10 1 3 2 0 -7 -8 15 -6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 106 69 54 49 78 89 110 131 80
Inventory Days 1,297 247 76 142 288 57 119 62 9
Days Payable 288 59 92 1,274 561 274 316 221 47
Cash Conversion Cycle 1,114 257 38 -1,083 -196 -129 -88 -28 41
Working Capital Days 2,506 91 48 21 41 97 163 52 112
ROCE % 16% 50% 47% 30% 24% 17% 8% 8%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
71.33% 63.77% 54.86% 54.86% 54.86% 54.86% 54.86% 52.03% 52.03% 52.03% 52.03% 54.14%
0.78% 0.60% 0.82% 0.36% 0.04% 0.02% 0.00% 0.00% 0.00% 0.07% 0.86% 0.37%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.01% 0.01% 0.01% 0.01% 0.01%
27.88% 35.62% 44.30% 44.76% 45.08% 45.11% 45.12% 47.95% 47.96% 47.89% 47.11% 45.49%
No. of Shareholders 23,63342,07644,50360,12859,44657,52355,51455,43154,38164,49386,73994,624

* 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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