AFLOAT Enterprises Ltd
₹ 14.2
-5.00%
13 May
- close price
About
Incorporated in 2015, Adishakti Loha and Ispat Ltd does trading of Iron and Steel[1]
Key Points
- Market Cap ₹ 6.50 Cr.
- Current Price ₹ 14.2
- High / Low ₹ 16.5 / 0.00
- Stock P/E
- Book Value ₹ 10.5
- Dividend Yield 0.00 %
- ROCE 1.57 %
- ROE 0.59 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.78% over last 3 years.
- Working capital days have increased from 589 days to 977 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.
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.03 | 10.95 | 11.28 | 5.98 | 3.74 | 1.89 | 0.00 | |
| 0.00 | 0.00 | 0.00 | 10.96 | 11.36 | 6.19 | 3.95 | 2.24 | 0.83 | |
| Operating Profit | 0.00 | 0.00 | 0.03 | -0.01 | -0.08 | -0.21 | -0.21 | -0.35 | -0.83 |
| OPM % | 100.00% | -0.09% | -0.71% | -3.51% | -5.61% | -18.52% | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.37 | 0.32 | 0.44 | 0.48 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 | 0.01 | 0.00 |
| Profit before tax | 0.00 | 0.00 | 0.03 | -0.01 | 0.00 | -0.02 | 0.09 | 0.08 | -0.36 |
| Tax % | 0.00% | 100.00% | -150.00% | 22.22% | 75.00% | ||||
| 0.00 | 0.00 | 0.02 | -0.02 | 0.00 | 0.01 | 0.07 | 0.03 | -0.42 | |
| EPS in Rs | 0.00 | 0.00 | 20.00 | -0.07 | 0.00 | 0.02 | 0.15 | 0.07 | -0.92 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 129% |
| 3 Years: | -45% |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | % |
| TTM: | -300% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| 1 Year: | 36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.74 | 2.74 | 4.56 | 4.56 | 4.56 | 4.56 |
| Reserves | -0.02 | -0.02 | 0.00 | 0.26 | 0.26 | 0.45 | 0.52 | 0.55 | 0.23 |
| 0.05 | 0.03 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.00 | 0.00 | 0.01 | 6.33 | 3.33 | 0.37 | 0.37 | 0.06 | 0.06 | |
| Total Liabilities | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 4.85 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.01 | 0.01 | 0.01 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.04 | 0.02 | 0.05 | 9.35 | 6.28 | 5.35 | 5.44 | 5.16 | 4.84 | |
| Total Assets | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 4.85 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 0.03 | -2.85 | 4.60 | -3.02 | -0.33 | -0.39 | |||
| 0.00 | 0.00 | -4.12 | 0.42 | 0.32 | 0.38 | |||
| 0.00 | 3.00 | -0.02 | 2.00 | 0.00 | 0.00 | |||
| Net Cash Flow | 0.03 | 0.14 | 0.46 | -0.59 | -0.01 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 255.67 | 9.71 | 57.98 | 131.75 | 0.00 | ||
| Inventory Days | 0.00 | 0.00 | 10.89 | 0.00 | 0.00 | |||
| Days Payable | 21.77 | |||||||
| Cash Conversion Cycle | 121.67 | 255.67 | 9.71 | 47.10 | 131.75 | 0.00 | ||
| Working Capital Days | 121.67 | 94.33 | 74.42 | 299.08 | 489.92 | 977.20 | ||
| ROCE % | 0.00% | 100.00% | -0.65% | 0.00% | 3.25% | 1.78% | 1.57% |
Documents
Announcements
-
Board Meeting Intimation for Audited Financial Results And Other Matters
17h - Board meeting on May 22 to approve FY25 audited financial results; trading window closed from April 1.
-
Board Meeting Outcome for Outcome Of Meeting For Allotment Of Shares On Conversion Of Warrants
19h - Allotment of 80 lakh equity shares on preferential basis raising Rs.7.68 crore; paid-up capital increased to Rs.12.56 crore.
-
Reg 24A _ Non Applicability Certificate
12 May - Company exempt from Annual Secretarial Compliance Report as per SEBI Regulation 15(2) exemption.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 12 May
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 12 May
Business Overview:[1]
Company is in the business of manufacturing and trading in iron and steel. It also deals in carbon (diamond), non ferrous material viz. gold and scraps i.e. mild steel product, carbon steel, stainless etc.