Anka India Ltd - Stock Valuation and Financial Performance

BSE: 531673 | NSE: | Plastic Products | Small Cap

Anka India Share Price

14.16 -0.70 -4.71%
as on 25-Apr'24 16:01

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Anka India stock performance -

mw4me loader
P/E Ratio (SA):
51.74
Market Cap:
14.8 Cr.
52-wk low:
9.3
52-wk high:
28.8

Is Anka India Ltd an attractive stock to invest in?

1. Is Anka India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Anka India Ltd is a below average quality company.

2. Is Anka India Ltd undervalued or overvalued?

The key valuation ratios of Anka India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Anka India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Anka India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Anka India:

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.
Anka India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -309.2%3,521%-36.5%-35.1%-68.6%-9.4%0.4%-5.2%-3.3%-1.5%-
Value Creation
Index
NANANANANA-1.7-1.0-1.4-1.2-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 000000.100.1000
Sales YoY Gr.-NANA-100%NANA-100%NA-100%NA-
Adj EPS -0.9-0.4-0.3-0.3-0.6-0.10-0.1-0.3-0.20.3
YoY Gr.-NANANANANANA-1100%NANA-
BVPS (₹) -13.2-6.9-7.2-7.5-6.61.921.91.64.35.3
Adj Net
Profit
-0.2-0.1-0.1-0.1-0.2-0.10-0.1-0.2-0.20
Cash Flow from Ops. 0.1-0.1-0.1-0.1-1.6-1.100-0.5-0.2-
Debt/CF from Ops. 39.9-30.4-22.9-28.3-0.6-0-0.5-1.2-15.2-46.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS NANA-371.4%NA
BVPSNANA30.4%175.2%
Share Price 3.2% -6.7% 12.3% -43.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
74.23.64.412.6-21.60.4-5.4-14.4-3.86
Op. Profit
Mgn %
00-191.800-73.90-126.200NAN
Net Profit
Mgn %
00-168.600-74.60-129.200INF
Debt to
Equity
-1-1.1-1.1-1.1-0.5000.17.11.9-
Working Cap
Days
002,217002,95209,791000
Cash Conv.
Cycle
00-2900000000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.00%

Debt to equity has declined versus last 3 years average to 1.87

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years -371.44%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Anka India Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 0
TTM Sales (₹ Cr.) 0 2.7
BVPS (₹.) 5.3 1.8
Reserves (₹ Cr.) -5 -8
P/BV 2.78 8.12
PE 51.74 448.39
From the Market
52 Week Low / High (₹) 9.25 / 28.78
All Time Low / High (₹) 1.50 / 33.20
Market Cap (₹ Cr.) 14.8
Equity (₹ Cr.) 10
Face Value (₹) 10
Industry PE 36.8

Management X-Ray of Anka India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Anka India

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
Sales000.04000.1000.0500
Operating Expenses 0.190.130.120.090.170.170.100.110.170.21
Manufacturing Costs0000000000.01
Material Costs000.040000000
Employee Cost 0.010.010.020.020.020.070.010.020.020.02
Other Costs 0.180.110.070.070.150.100.100.090.150.19
Operating Profit -0.19-0.13-0.08-0.09-0.17-0.07-0.10-0.06-0.17-0.21
Operating Profit Margin (%) ---191.0%---73.8%--126.0%--
Other Income 0.010.030.010000.11000.05
Interest 0000000000
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax -0.19-0.10-0.07-0.09-0.17-0.070.01-0.06-0.17-0.17
Tax 0000000000
Profit After Tax -0.19-0.10-0.07-0.09-0.17-0.070.01-0.06-0.17-0.17
PAT Margin (%) ---168.0%---74.6%--129.0%--
Adjusted EPS (₹)-0.9-0.4-0.3-0.3-0.6-0.10.0-0.1-0.3-0.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund -2.75-1.90-1.97-2.06-1.981.221.221.160.993.77
Share Capital 2.092.752.752.7536.276.276.276.278.74
Reserves -4.85-4.65-4.72-4.81-4.98-5.06-5.05-5.12-5.29-4.96
Minority Interest0000000000
Debt2.642.012.242.300.890.010.020.057.027.07
Long Term Debt2.642.011.741.740.4600000
Short Term Debt000.500.550.430.010.020.057.027.07
Trade Payables0.010.0100000000
Others Liabilities 0.130.150.010.021.360.160.110.140.104.38
Total Liabilities 0.020.270.280.250.281.391.361.368.1115.22

Fixed Assets

Gross Block000000.010.010.010.010.02
Accumulated Depreciation0000000000.01
Net Fixed Assets000000.010000.01
CWIP 000000006.956.95
Investments 0000000000.01
Inventories000000000.200.23
Trade Receivables0000000000
Cash Equivalents 0.010.020.0300.010.0400.020.050.06
Others Assets0.010.250.250.250.271.351.351.330.907.97
Total Assets 0.020.270.280.250.281.391.361.368.1115.22

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.07-0.07-0.10-0.08-1.59-1.12-0.04-0.04-0.46-0.15
PBT -0.19-0.10-0.07-0.09-0.17-0.070.01-0.07-0.17-0.17
Adjustment 000000-0.1100-0.04
Changes in Working Capital 0.250.03-0.030.01-1.42-1.040.060.02-0.290.06
Tax Paid 0000000000
Cash Flow From Investing Activity 00000-0.0100-6.480.11
Capex 00000-0.0100-6.95-0.02
Net Investments 000000000-0.01
Others 000000000.470.14
Cash Flow From Financing Activity -0.160.070.110.051.591.150.010.066.970.05
Net Proceeds from Shares 00.70000.2500000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.16-0.630.110.051.341.150.010.066.970.05
Net Cash Flow -0.1000.01-0.0300.03-0.030.010.030.01
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/A00.46-5.42-16.04-7.16
ROCE (%)N/AN/AN/AN/AN/A-9.340.45-5.23-3.71-1.46
Asset Turnover Ratio000.15000.1200.0400
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A-4N/AN/AN/A
Working Capital Days
Receivable Days0000000000
Inventory Days0000000000
Payable Days00410000000

Anka India Ltd Stock News

Anka India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Anka India on 25-Apr-2024 16:01 is ₹14.16.
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 Anka India stood at ₹14.80.
The latest P/E ratio of Anka India as of 25-Apr-2024 16:01 is 51.74.
The latest P/B ratio of Anka India as of 25-Apr-2024 16:01 is 2.78.
The 52-week high of Anka India is ₹28.78 and the 52-week low is ₹9.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anka India is ₹0.00 ( Cr.) .

About Anka India Ltd

Anka India was incorporated in 1996. The company is promoted and managed by Gurpeet Singh Sethi and Arshdeep Singh Sethi.

Anka India only uses imported moulds from Italy & Germany for manufacturing soles, midsoles and DIP footwear. The company’s soles are used by leading brands like Bata, Holyfield, La-belle, Lee-cooper, Lotus Bawa, Nike, Welcome and Woodland. The company also supplies full footwear to Reebok. Anka India has manufacturing capacity of 2.0 million PU Soles and 1.5 million TPR soles per annum. The company’s plants are located in Gurgaon in Harayana.

Business area of the company:

The main business of Anka India is thermoplastic rubber and polyurethane shoe sole with latest state-of-the-art machinery from Gusbi, Italy for PU soles and Main Group, Italy for TPR soles.

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