Is Aankit Granites Ltd. a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Aankit Granites Ltd. and arrived at the following conclusion.

Is the current market price of Aankit Granites Ltd. a good price to buy it?

The 5-year analysis of Aankit Granites Ltd.'s performance infers.

What is Aankit Granites Ltd. share price return in the past 10 years?

We analysed the performance of Aankit Granites Ltd. share prices over the last 10 years. Here is what we found out:

What is CAGR? What does CAGR table indicate for Aankit Granites Ltd.?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Aankit Granites Ltd. Stock Analysis

Small Cap

Evaluated by 25 users | BSE: 523511 | NSE: |
Cement & Construction Materials

Aankit Granites Limited is one of the premier granite companies in India, engaged in export of World class granite tiles with a combination of quality and excellent service, catering to progressive world markets at competitive prices.Aankit is a 100 percent Export Oriented Unit (EOU). Located...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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.

Value Creation

	Mar'99	Mar'03	Mar'04	Mar'05	Mar'06	Mar'08	Mar'09	Mar'11	Mar'12
Return on Capital Employed	-6.32%	27.51%	4.17%	5.02%	-3.95%	2.09%	-3.94%	1.15%	0.82%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	8.3	21.1	16.3	17.2	13.4	10.7	10.3	7.5	8.6
Y-o-Y Gr. Rt.	-	153.3%	-22.7%	5.1%	-22%	-20.3%	-3.8%	-26.9%	15%
Adjusted EPS (Rs.)	-5.13	5.98	0.23	0.35	-0.83	0.13	-0.58	0.04	-0.11
Y-o-Y Gr. Rt.	-	NA	-96.2%	52.2%	-337.1%	NA	-546.2%	NA	-375%
Book Value per Share (Rs.)	-11.92	9.98	10.24	10.65	11.46	10.94	10.5	11.13	11.1
Adjusted Net Profit	-4.2	4.9	0.2	0.3	-0.7	0.1	-0.5	0	-0.1
Net Op. Cash Flow (Rs. Cr.)	-4.6	14.6	5	1.5	2.7	0.8	0.4	0	-1.3
Debt to Cash Flow from Ops	-6.28	0.61	0.94	2.6	0.58	0.64	0.93	12.48	-1.49

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Aankit Granites Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Aankit Granites Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	NA	-12.9%	-6.8%	15%
Adjusted EPS	NA	-179.3%	-194.6%	-375%
Book Value per Share	0	0.8	0.5	-0.3
Share Price	-	-	-	-

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'99	Mar'03	Mar'04	Mar'05	Mar'06	Mar'08	Mar'09	Mar'11	Mar'12
Return on Equity (%)	43.15	-616.03	2.26	3.37	-7.48	1.14	-5.41	0.39	-0.95
Operating Profit Margin (%)	10.81	11.03	10.13	9.97	1.08	3.07	-3.15	4.91	4.85
Net Profit Margin (%)	-50.28	23.08	1.14	1.67	-5.04	0.97	-4.61	0.46	-1
Debt to Equity	-2.95	1.11	0.56	0.46	0.17	0.06	0.04	0.04	0.22
Working Capital Days	0	237	315	269	350	407	392	578	572
Cash Conversion Cycle	0	186	237	196	255	273	260	364	362

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

FAQs

1. Is Aankit Granites a good quality company?

Data is not available for this company.

2. Is current market price of Aankit Granites a good price to buy it?

Data is not available for this company.

3. What is Aankit Granites share price return in the past 10 years ?

Data is not available for this company

About Company

Aankit is a 100 percent Export Oriented Unit (EOU). Located at Hosur, the heart of the granite deposits in India, its close proximity to Southern ports makes it possible for prompt schedules in export of finished goods. The company has its plant spread over 6.5 acre of land. It has the infrastructure to meet the customer's entire requirements. Projects that are complex, diverse and geographically distant are supplied with classic quality of granite tiles from a company that has the knowledge and experience to successfully complete the project as per the customer's need.

Aankit is one such company, promoted by dynamic technocrats, has cut a niche for itself in this highly competitive field. With a state-of-the-art technology and equipped with the latest computerized machinery from Pedrini S.p.A, Italy, the company has the necessary capabilities to meet all stringent requirements.

Plant & Technology

The company has the most sophisticated plant and machinery and technology from Pedrini S.p.A., Italy, who are well known manufacturers of stone processing machineries. The company processes 144,000 Sq. mt of tiles from granite blocks. The state-of-technology enhances the unique natural quality of Indian granites.

The company has the first 20 head polishing machine, which gives out the finest polish and 12 head Multihead cross cutter used for cutting tools from strips. Its tiles are tested at every stage to maintain the excellent quality. The company is a pioneer in new product launches in the Stone Industry with the effort of dedicated personnel who are creative and progressive. The companyâ€™s process conforms to ISO 9000 specifications.

Services

The company offers a wide range of applications for: