Akshar Spintex Ltd - Stock Valuation and Financial Performance

BSE: 541303 | NSE: AKSHAR | Textile | Small Cap

Akshar Spintex Share Price

2.48 -0.09 -3.50%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Akshar Spintex

M-Cap below 100cr DeciZen not available

Akshar Spintex stock performance -

mw4me loader
P/E Ratio (SA):
21.53
Market Cap:
74.4 Cr.
52-wk low:
2.1
52-wk high:
7

Is Akshar Spintex Ltd an attractive stock to invest in?

1. Is Akshar Spintex Ltd a good quality company?

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

2. Is Akshar Spintex Ltd undervalued or overvalued?

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

3. Is Akshar Spintex Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Akshar 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 Akshar 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.
Akshar Spintex 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 % 0%2.6%7.1%6.5%14.6%5.6%-5.1%5.6%13.5%-2.3%-
Value Creation
Index
NA-0.8-0.5-0.50.0-0.6-1.4-0.60.0-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 017.863.986.393.1101109110172136175
Sales YoY Gr.-NA259.2%34.9%7.9%8.1%8.4%1%56.1%-21.3%-
Adj EPS 0-000.10.30.1-0.20.10.2-0.10.1
YoY Gr.-NANA800%233.3%-76.7%-371.4%NA283.3%-139.1%-
BVPS (₹) 0.50.80.80.91.21.41.21.21.41.41.5
Adj Net
Profit
0-0.90.22.68.62.2-5.71.77-2.84
Cash Flow from Ops. -89.911.65.77.38.57.86.12.99.8-
Debt/CF from Ops. -2.44.63.87.45.13.93.64.18.81.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA7.8%7.5%-21.3%
Adj EPS NA-178.6%NA-139.1%
BVPS11.7%2.4%4.9%-6.3%
Share Price - 18.5% 38.7% -57.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0-7.2110.528.36-15.14.917.6-6.68.5
Op. Profit
Mgn %
022.518.710.48.460.65.37.6-0.34.4
Net Profit
Mgn %
0-4.90.339.22.2-5.31.64.1-22.1
Debt to
Equity
12.52.41.91.61.10.80.80.70.60.40.2
Working Cap
Days
022273678910392848111734
Cash Conv.
Cycle
027344450473733334911

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.50%

Debt to equity has declined versus last 3 years average to 0.43

Sales growth is good in last 4 quarters at 46.15%

Sales growth has been subdued in last 3 years 7.50%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Akshar Spintex Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 175 -
BVPS (₹.) 1.5 -
Reserves (₹ Cr.) 14 -
P/BV 1.70 -
PE 21.53 -
From the Market
52 Week Low / High (₹) 2.10 / 7.00
All Time Low / High (₹) 0.44 / 11.16
Market Cap (₹ Cr.) 74.4
Equity (₹ Cr.) 30
Face Value (₹) 1
Industry PE 29.4

Management X-Ray of Akshar 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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Akshar Spintex

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
Sales017.8063.9486.2593.08100.63109.10110.24172.11135.53
Operating Expenses 013.8051.9777.2785.2694.61108.41105.09159.12135.99
Manufacturing Costs02.929.028.679.279.9311.111212.879.67
Material Costs09.4638.2163.1068.6277.689186.83137.47120.29
Employee Cost 01.073.704.816.385.665.614.737.505.05
Other Costs 00.351.050.7011.340.701.531.280.98
Operating Profit 0411.978.987.816.020.685.1512.99-0.45
Operating Profit Margin (%) -22.5%18.7%10.4%8.4%6.0%0.6%4.7%7.5%-0.3%
Other Income 00.080.110.096.454.301.991.343.462.39
Interest 02.886.332.592.392.653.182.532.581.86
Depreciation 01.283.603.793.843.824.104.144.214.27
Exceptional Items 00.0300000000
Profit Before Tax 0-0.052.152.708.043.85-4.60-0.189.66-4.19
Tax 00.801.920.12-0.511.601.13-1.422.64-1.43
Profit After Tax 0-0.850.232.588.552.24-5.731.247.02-2.76
PAT Margin (%) --4.8%0.4%3.0%9.2%2.2%-5.3%1.1%4.1%-2.0%
Adjusted EPS (₹)0.00.00.00.10.30.1-0.20.00.2-0.1
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 2.5119.1623.3825.9634.5140.7535.0136.2643.2340.64
Share Capital 2.5120.012424242525252525
Reserves 0-0.85-0.621.9610.5115.7510.0211.2618.2315.64
Minority Interest0000000000
Debt18.9141.4038.3536.1929.5925.3121.4218.6319.1415.77
Long Term Debt18.9135.5036.2030.6424.0219.3612.4713.6311.598.31
Short Term Debt05.892.155.555.585.948.9557.557.45
Trade Payables0.422.691.083.653.295.835.327.5413.5814.79
Others Liabilities 2.956.659.609.1411.3312.6512.5110.9016.934.97
Total Liabilities 24.8069.9072.4174.9478.7284.5374.2673.3292.8876.17

Fixed Assets

Gross Block0.7554.9063.1964.4364.8265.3770.0170.5371.7671.99
Accumulated Depreciation01.264.848.6312.4316.2520.3124.4528.5532.82
Net Fixed Assets0.7553.6358.3555.8052.3949.1249.7046.0943.2139.16
CWIP 11.7300004.630000
Investments 0000000.310.3100
Inventories03.978.209.9312.0113.169.9715.6433.1817.38
Trade Receivables02.082.015.625.145.024.553.141.0412.13
Cash Equivalents 2.493.341.360.100.110.130.110.090.050.02
Others Assets9.836.882.503.479.0812.489.628.0515.407.48
Total Assets 24.8069.9072.4174.9478.7284.5374.2673.3292.8876.17

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -7.979.8511.625.717.278.547.796.142.929.84
PBT 0-0.052.152.708.043.85-4.60-0.189.66-4.19
Adjustment 06.09106.256.096.207.066.566.735.93
Changes in Working Capital -7.973.81-0.07-2.78-7-0.925.56-0.06-12.58.73
Tax Paid 00-0.46-0.460.13-0.58-0.22-0.17-0.96-0.64
Cash Flow From Investing Activity -13.49-43.64-8.22-1.24-0.42-5.46-0.11-0.51-0.95-0.18
Capex -12.48-41.52-8.29-1.24-0.43-5.11-0.12-0.52-1.40-0.23
Net Investments -100000-0.3100.380
Others -0.01-2.110.080.010.01-0.350.320.010.060.05
Cash Flow From Financing Activity 23.9434.64-5.39-4.67-6.84-3.06-7.69-5.66-2.01-9.69
Net Proceeds from Shares 5.01153.990040000
Net Proceeds from Borrowing 18.9316.590.70-5.54-4.75-4.75-7.700.77-2.04-3.28
Interest Paid 0-2.88-6.33-2.53-2.11-2.67-2.99-2.48-2.56-1.72
Dividend Paid 0000000000
Others 05.93-3.743.400.020.373.01-3.952.59-4.70
Net Cash Flow 2.490.85-1.98-0.200.010.01-0.02-0.02-0.04-0.03
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0-8.241.0710.4628.285.96-15.133.4917.67-6.59
ROCE (%)06.512.97.7914.918.93-2.093.7718.8-3.67
Asset Turnover Ratio00.380.91.171.211.231.381.52.071.6
PAT to CFO Conversion(x)N/AN/A50.522.210.853.81N/A4.950.42N/A
Working Capital Days
Receivable Days043121621181613418
Inventory Days0813538434639425268
Payable Days0601814182122272843

Akshar Spintex Ltd Stock News

Akshar Spintex Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Akshar Spintex on 12-Jul-2024 16:01 is ₹2.48.
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 12-Jul-2024 16:01 the market cap of Akshar Spintex stood at ₹74.40.
The latest P/E ratio of Akshar Spintex as of 12-Jul-2024 16:01 is 21.53.
The latest P/B ratio of Akshar Spintex as of 12-Jul-2024 16:01 is 1.70.
The 52-week high of Akshar Spintex is ₹7.00 and the 52-week low is ₹2.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Akshar Spintex is ₹175.0 ( Cr.) .

About Akshar Spintex Ltd

No data to display
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.