Alankit Ltd - Stock Valuation and Financial Performance

BSE: 531082 | NSE: ALANKIT | Finance - Stock Broking | Small Cap

Alankit Share Price

17.95 0.35 1.99%
as on 25-Apr'24 16:01

DeciZen - make an informed investing decision on Alankit

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Alankit stock performance -

mw4me loader
P/E Ratio (SA):
32.88
Market Cap:
477.2 Cr.
52-wk low:
8.2
52-wk high:
23.6

Is Alankit Ltd an attractive stock to invest in?

1. Is Alankit Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Alankit Ltd is a average quality company.

2. Is Alankit Ltd undervalued or overvalued?

The key valuation ratios of Alankit Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Alankit Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Alankit Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Alankit:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Alankit Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 2%1.9%10.6%30.8%39.8%19.2%16.3%12.2%10.4%-1.5%-
Value Creation
Index
-0.9-0.9-0.21.21.90.40.2-0.1-0.3-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.73.829.185104123130103104109121
Sales YoY Gr.-127.1%672.9%191.5%22.9%17.8%5.4%-20.4%0.5%5.1%-
Adj EPS 000.30.91.50.90.90.70.7-0.20.5
YoY Gr.-200%733.3%272%60.2%-38.3%-3.3%-21.4%0%-127.1%-
BVPS (₹) 0.72.22.43.24.3566.578.711
Adj Net
Profit
0.10.43.513.321.413.212.710.110.1-4.215
Cash Flow from Ops. 1.9-1.616.91.527.316.411.214.6-1.318.3-
Debt/CF from Ops. 0003.30.20.81.21-15.40.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 59.2%0.9%-5.6%5.1%
Adj EPS -238.7%-166.2%-159.8%-127.1%
BVPS32.4%15.1%13.4%24.2%
Share Price 16.2% -13.8% 8% 111.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
21.910.632.939.719.716.111.310.4-2.85.5
Op. Profit
Mgn %
11.923.325.323.828.216.217.718.520.322.219
Net Profit
Mgn %
8.29.812.115.620.510.79.89.89.7-3.812.1
Debt to
Equity
0000.10.10.20.20.20.20.1-
Working Cap
Days
67993717294138127143191197284150
Cash Conv.
Cycle
4211265230-78-26266311313574

Recent Performance Summary

Sales growth is good in last 4 quarters at 39.11%

Return on Equity has declined versus last 3 years average to 5.50%

Sales growth has been subdued in last 3 years -5.61%

Net Profit has been subdued in last 3 years -159.77%

Latest Financials - Alankit Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 0.7
TTM Sales (₹ Cr.) 121 293
BVPS (₹.) 11 10
Reserves (₹ Cr.) 271 243
P/BV 1.60 1.77
PE 32.88 24.28
From the Market
52 Week Low / High (₹) 8.16 / 23.59
All Time Low / High (₹) 0.01 / 88.65
Market Cap (₹ Cr.) 477
Equity (₹ Cr.) 27.1
Face Value (₹) 1
Industry PE 26.7

Management X-Ray of Alankit:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.0035.190.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income243087107130135104107110
Interest Income242985104123130103104109
Other Income 0012375131
Expenditure 13256682110114919294
Interest Expense 0000323422
Operating Expenses 13256678106110878991
Provisions 0001011111
Exceptional Items 000000000-25
Profit Before Tax 015202520211314-9
Taxes 012747834-4
Profit After Tax 004132113131010-4
Adjusted EPS (₹)0.00.00.30.91.50.90.90.70.7-0.2
Dividend Payout Ratio (%)0%193%41%22%13%22%23%28%28%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital732354763728692101196
Share Capital 57714141414141422
Reserves 22428324858717886174
Minority Interest0000000000
Long Term Borrowings-101417203134302518
Current Liabilities 01214382941334054
Trade Payables0004261520101023
Short term borrowings00055555115
Other Liabilities000-9-31-20-25-15-21-28
Total Liabilities 6325177121133161155166268

Assets

Non Current Asset 393649799196109104168
Loan Asset 0000000000
Other Non Current Asset 393649799196109104168
Current Asset 32315294241654662100
Current Investment0000000000
Other Current Asset32315294241654662100
Total Assets 6325177121133161155166268

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2-217227161115-118
Cash Flow From Investing Activity -2-4-29-1-26-21-7-160-95
Cash Flow From Financing Activity 011122-64-1-2075
Net Cash Flow 0603-4-13-4-1-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)0111111110
DPS (₹)0100000000
BVPS (₹)1444103456679

Performance Ratios

ROA (%)2.42.08.520.621.510.48.66.46.3-1.9
ROE (%)2.01.910.632.939.719.716.111.310.4-2.8
ROCE (%)2.95.415.447.849.129.826.216.214.7-3.7

Valuation Parameters

Price/Book(x)4.74.910.47.49.76.31.82.51.90.8

Alankit Ltd Stock News

Alankit Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Alankit on 25-Apr-2024 16:01 is ₹17.95.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2024 16:01 the market cap of Alankit stood at ₹477.2.
The latest P/E ratio of Alankit as of 25-Apr-2024 16:01 is 32.88.
The latest P/B ratio of Alankit as of 25-Apr-2024 16:01 is 1.60.
The 52-week high of Alankit is ₹23.59 and the 52-week low is ₹8.16.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Alankit is ₹120.8 ( Cr.) .

About Alankit Ltd

Euro Finmart was incorporated in the name of G.D.M. Jewellery Manufacturing Company on July 5, 1989, with Registrar of Companies, Delhi and Haryana for setting up gold Jewellery Manufacturing unit at Noida Export Processing Zone, Noida (U.P) in phased manner. The unit commenced commercial production in the year 1991-92. Pursuant to special resolution passed by the members in their Annual General Meeting held on February 02, 1993, the company was converted into public Company on March 03, 1993. Subsequently the name of the company was also changed to Euro-Gold Jewellery and a fresh Certificate of Incorporation to that effect was issued by Registrar of Companies, Delhi and Haryana on February 07, 1994.

The present estimated installed capacity of the NOIDA plant is 60 Kgs. per annum of gold jewellery. The commercial production at this plant commenced in the financial year 1991-92 and the company achieved capacity utilisation of 33% 45% and 70% for the years 1991-92, 1992-93 a 1993-94, respectively.

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