AK Spintex Ltd - Stock Valuation and Financial Performance

BSE: 539300 | NSE: | Textile - Manmade Fibres | Small Cap

AK Spintex Share Price

134.35 0.15 0.11%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on AK Spintex

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AK Spintex stock performance -

mw4me loader
P/E Ratio (SA):
8.24
Market Cap:
67.5 Cr.
52-wk low:
78.5
52-wk high:
168.9

Is AK Spintex Ltd an attractive stock to invest in?

1. Is AK Spintex Ltd a good quality company?

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

2. Is AK Spintex Ltd undervalued or overvalued?

The key valuation ratios of AK Spintex Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is AK Spintex Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of AK Spintex 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 AK Spintex:

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.
AK Spintex 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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
ROCE % 8.1%6.5%3.4%6.8%5.2%12.3%11.7%10%6.6%8.1%-
Value Creation
Index
-0.4-0.5-0.8-0.5-0.6-0.1-0.2-0.3-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 30.231.233.539.644.252.452.954.160.163.6119
Sales YoY Gr.-3.2%7.4%18%11.7%18.6%1%2.3%11.1%5.7%-
Adj EPS 2.41.50.10.90.23.74.14.12.53.716.3
YoY Gr.--39.3%-92.5%672.7%-71.8%1454.2%9.1%0%-38.1%46.4%-
BVPS (₹) 18.119.619.720.620.624.528.635.337.841.673.9
Adj Net
Profit
1.20.70.10.40.11.92.12.11.31.98
Cash Flow from Ops. 5.72.4-0.33.73.56.86.34.545.7-
Debt/CF from Ops. 2.35.1-53.74.24.41.51.633.41.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.6%7.6%6.3%5.7%
Adj EPS 4.8%72.7%-3.2%46.4%
BVPS9.7%15.1%13.3%10.1%
Share Price - 35.2% 71.8% 59.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on
Equity %
14.37.80.64.21.216.515.312.76.99.328.2
Op. Profit
Mgn %
14.4128.59.58.911.610.910.511.211.215.1
Net Profit
Mgn %
42.40.21.10.33.63.93.82.12.96.9
Debt to
Equity
1.41.21.51.51.50.80.70.80.70.5-
Working Cap
Days
11012815014513911711112013013649
Cash Conv.
Cycle
503752504732324253598

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 28.20%

Debt to equity has declined versus last 3 years average to 0.49

Sales growth is good in last 4 quarters at 11.50%

Sales growth has been subdued in last 3 years 6.29%

Net Profit has been subdued in last 3 years -3.21%

Latest Financials - AK Spintex Ltd.

Standalone Consolidated
TTM EPS (₹) 16.3 -
TTM Sales (₹ Cr.) 119 -
BVPS (₹.) 73.9 -
Reserves (₹ Cr.) 32 -
P/BV 1.82 -
PE 8.24 -
From the Market
52 Week Low / High (₹) 78.51 / 168.90
All Time Low / High (₹) 10.00 / 168.90
Market Cap (₹ Cr.) 67.5
Equity (₹ Cr.) 5
Face Value (₹) 10
Industry PE 30.1

Management X-Ray of AK Spintex:

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 AK Spintex

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Sales30.2231.2033.5239.5644.1952.4152.9454.1460.1463.58
Operating Expenses 25.8827.4630.6835.8140.2846.3147.1848.5453.4556.44
Manufacturing Costs13.2113.1214.1714.8315.1616.9317.7919.6523.1225.83
Material Costs5.946.508.3310.1913.1414.8614.6813.1614.6714.63
Employee Cost 3.804.267.249.4210.5612.2412.8713.9313.7513.87
Other Costs 2.943.580.941.371.432.271.851.811.912.11
Operating Profit 4.343.742.843.753.916.105.765.606.707.14
Operating Profit Margin (%) 14.4%12.0%8.5%9.5%8.8%11.6%10.9%10.3%11.1%11.2%
Other Income 0.030.050.030.300.320.420.402.060.040.17
Interest 0.660.981.051.881.751.530.971.021.201.01
Depreciation 1.901.741.561.662.151.902.102.823.773.72
Exceptional Items 0000000000
Profit Before Tax 1.801.070.260.510.323.093.103.811.762.58
Tax 0.590.330.210.080.201.1610.450.500.67
Profit After Tax 1.220.740.060.430.121.932.103.361.261.91
PAT Margin (%) 4.0%2.4%0.2%1.1%0.3%3.7%4.0%6.2%2.1%3.0%
Adjusted EPS (₹)2.41.50.10.90.23.84.26.72.53.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20

Equity and Liabilities

Shareholders Fund 9.129.869.9110.3410.3812.3114.4117.7719.0320.94
Share Capital 5.035.035.035.035.035.035.035.035.035.03
Reserves 4.094.834.885.315.357.279.3812.741415.90
Minority Interest0000000000
Debt11.9310.9514.711514.489.278.5912.8912.019.01
Long Term Debt4.683.6114.717.347.202.061.456.165.574.54
Short Term Debt7.257.3407.667.287.207.146.736.454.47
Trade Payables4.365.466.037.337.698.448.578.929.249.44
Others Liabilities 2.533.302.462.272.312.363.074.715.295.33
Total Liabilities 27.9429.5733.1134.9434.8532.3834.6344.2845.5744.71

Fixed Assets

Gross Block29.9530.3430.1032.3114.9635.0839.8749.2750.6352.07
Accumulated Depreciation11.5213.2214.7616.42020.4022.2524.6728.2031.56
Net Fixed Assets18.4217.1115.3415.9014.9614.6817.6224.5922.4220.52
CWIP 000.010000000
Investments 0000000000
Inventories3.504.355.015.074.493.933.444.574.945.67
Trade Receivables4.425.466.728.359.359.7510.8712.1814.8814.69
Cash Equivalents 0.0102.672.712.641.231.220.010.030.03
Others Assets1.582.633.372.933.422.781.492.933.303.80
Total Assets 27.9429.5733.1134.9434.8532.3834.6344.2845.5744.71

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Cash Flow From Operating Activity 5.742.36-0.283.743.466.756.284.533.955.74
PBT 1.801.070.260.510.323.093.103.801.762.58
Adjustment 2.562.712.583.453.863.222.682.234.964.57
Changes in Working Capital 1.73-1.84-2.60.06-0.341.581.2-0.73-2.43-0.99
Tax Paid -0.360.42-0.52-0.27-0.38-1.14-0.70-0.77-0.34-0.42
Cash Flow From Investing Activity -6.76-0.420.24-2.140.24-1.54-4.74-7.82-1.85-1.72
Capex -6.76-0.440.23-2.220.23-1.65-4.95-7.92-1.61-1.74
Net Investments 0000000000
Others 00.010.020.080.020.110.210.10-0.240.02
Cash Flow From Financing Activity 0.99-1.952.71-1.57-3.77-3.80-1.523.28-2.08-4.01
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00-1.47-0.53-1.4700.684.72-0.60-1.03
Interest Paid -0.66-0.98-1.05-1.85-1.74-1.50-0.87-1.02-1.20-1.01
Dividend Paid 0000000000
Others 1.65-0.985.230.82-0.57-2.30-1.34-0.41-0.28-1.97
Net Cash Flow -0.03-0.012.670.04-0.071.410.01-0.010.020
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Ratios
ROE (%)14.287.750.574.211.1816.9915.7320.96.879.54
ROCE (%)11.949.325.69.378.0619.2517.4817.449.3311.32
Asset Turnover Ratio1.21.081.071.161.271.561.581.371.341.41
PAT to CFO Conversion(x)4.73.19-4.678.728.833.52.991.353.133.01
Working Capital Days
Receivable Days55586670736771788285
Inventory Days33465146392925272930
Payable Days167276252239209198211243226233

AK Spintex Ltd Stock News

AK Spintex Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of AK Spintex on 28-Mar-2024 16:01 is ₹134.3.
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 28-Mar-2024 16:01 the market cap of AK Spintex stood at ₹67.53.
The latest P/E ratio of AK Spintex as of 28-Mar-2024 16:01 is 8.24.
The latest P/B ratio of AK Spintex as of 28-Mar-2024 16:01 is 1.82.
The 52-week high of AK Spintex is ₹168.9 and the 52-week low is ₹78.51.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AK Spintex is ₹119.0 ( Cr.) .

About AK Spintex Ltd

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