Ankush Finstock Ltd

Ankush Finstock Ltd

₹ 3.79 -4.77%
20 May 2019
About

Ankush Finstock (AFL) is a Gujarat-based investment and share trading Company, primarily engaged in the business of investments in equity shares and securities, trading of goods and issuance of Digital Signature (DSC).

  • Market Cap 2.27 Cr.
  • Current Price 3.79
  • High / Low /
  • Stock P/E 11.4
  • Book Value 1.62
  • Dividend Yield 0.00 %
  • ROCE 2.94 %
  • ROE 2.94 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 2.37% over past five years.
  • Company has a low return on equity of -2.39% over last 3 years.
  • Company has high debtors of 1,065 days.
  • Working capital days have increased from 72.3 days to 151 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

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Quarterly Results

Figures in Rs. Crores

Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018
0.10 0.03 3.43 3.22 0.14 0.19 0.20 0.95 0.14 0.02 0.04 1.59 0.01
0.09 0.02 3.49 3.22 0.06 0.12 0.17 1.08 0.02 0.03 0.10 1.64 0.04
Operating Profit 0.01 0.01 -0.06 0.00 0.08 0.07 0.03 -0.13 0.12 -0.01 -0.06 -0.05 -0.03
OPM % 10.00% 33.33% -1.75% 0.00% 57.14% 36.84% 15.00% -13.68% 85.71% -50.00% -150.00% -3.14% -300.00%
0.00 0.00 0.00 0.00 0.00 0.00 -0.02 0.00 0.00 0.00 0.00 0.46 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.01 0.01 -0.06 0.00 0.08 0.07 0.01 -0.13 0.12 -0.01 -0.06 0.41 -0.04
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 21.95% 0.00%
0.01 0.01 -0.06 0.00 0.08 0.07 0.01 -0.13 0.12 -0.01 -0.06 0.31 -0.04
EPS in Rs 0.02 0.02 -0.10 0.00 0.13 0.12 0.02 -0.22 0.20 -0.02 -0.10 0.52 -0.07
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 TTM
2.76 1.86 2.66 2.40 1.34 1.52 1.29 2.81 1.54 1.25 6.79 1.45 1.66
2.51 1.80 2.64 2.43 1.95 1.00 1.75 2.78 1.57 1.30 6.83 1.43 1.81
Operating Profit 0.25 0.06 0.02 -0.03 -0.61 0.52 -0.46 0.03 -0.03 -0.05 -0.04 0.02 -0.15
OPM % 9.06% 3.23% 0.75% -1.25% -45.52% 34.21% -35.66% 1.07% -1.95% -4.00% -0.59% 1.38% -9.04%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.00 0.00 0.46
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.01
Depreciation 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.24 0.05 0.01 -0.03 -0.61 0.52 -0.51 0.03 -0.03 -0.02 -0.04 0.02 0.30
Tax % 33.33% 80.00% -100.00% 100.00% 0.00% 78.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.16 0.01 0.02 -0.06 -0.61 0.11 -0.51 0.02 -0.03 -0.02 -0.04 0.02 0.20
EPS in Rs 0.27 0.02 0.03 -0.10 -1.02 0.18 -0.85 0.03 -0.05 -0.03 -0.07 0.03 0.33
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -2%
5 Years: 2%
3 Years: -2%
TTM: 12%
Compounded Profit Growth
10 Years: 7%
5 Years: 15%
3 Years: 39%
TTM: 186%
Stock Price CAGR
10 Years: -3%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: -10%
5 Years: -2%
3 Years: -2%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Equity Capital 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00
Reserves -4.20 -4.20 -4.18 -4.23 -4.85 -4.74 -5.25 -5.23 -5.27 -5.29 -5.33 -5.31
0.11 0.12 0.00 0.75 2.40 2.28 0.00 0.00 0.00 0.00 0.00 0.00
0.11 0.07 0.03 1.69 0.05 0.36 0.33 0.36 0.41 0.40 6.91 3.83
Total Liabilities 2.02 1.99 1.85 4.21 3.60 3.90 1.08 1.13 1.14 1.11 7.58 4.52
0.04 0.04 0.04 0.03 0.03 0.03 0.03 0.02 0.02 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.76 1.66 1.35 3.60 3.25 3.00 0.00 0.53 0.53 0.60 0.30 0.00
0.22 0.29 0.46 0.58 0.32 0.87 1.05 0.58 0.59 0.51 7.28 4.52
Total Assets 2.02 1.99 1.85 4.21 3.60 3.90 1.08 1.13 1.14 1.11 7.58 4.52

Cash Flows

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
1.19 -0.10 -0.16 1.54 -2.17 -0.12 -2.85 0.51 0.00 -0.05 -0.30 -0.18
-1.25 0.09 0.30 -2.32 0.54 0.24 3.00 -0.51 0.00 -0.05 0.30 0.30
0.01 0.01 -0.12 0.75 1.64 -0.12 -0.15 0.00 0.00 0.10 0.00 -0.09
Net Cash Flow -0.05 0.00 0.02 -0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.03

Ratios

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Debtor Days 2.64 33.36 16.47 3.04 5.45 141.68 0.00 12.99 87.69 93.44 381.13 1,064.79
Inventory Days 20.63 15.39 44.19 5.76 52.77 128.24 50.99 28.49 3.02 28.39 3.95 18.25
Days Payable 0.00 0.00 3.27 316.97 6.60 9.86 0.00 0.00 6.03 12.17 369.51 1,061.54
Cash Conversion Cycle 23.28 48.75 57.39 -308.17 51.62 260.06 50.99 41.48 84.68 109.66 15.56 21.50
Working Capital Days 7.93 37.28 54.89 -168.81 70.82 -391.41 -28.29 5.20 30.81 43.80 22.04 151.03
ROCE % 2.61% 0.53% -1.38% -20.10% 14.67% -21.45% 3.95% -4.00% -4.17% -5.80% 2.94%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018
0.28% 0.28% 0.28% 0.28% 0.41% 0.41% 0.41% 0.41% 0.41%
99.72% 99.72% 99.72% 99.72% 99.59% 99.59% 99.59% 99.59% 99.59%
No. of Shareholders 1,8511,7541,7471,7401,7121,7071,6751,6791,681

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