Akshar Spintex Ltd
AKSHARAkshar Spintex Ltd
AKSHAR
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
HighStrong financials and growth story over the years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 87.88 | 1.38 | 0.49% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 39.16 | 6.81 | 0.72% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Akshar Spintex Limited is an India-based company, which is principally engaged in the business of manufacturing and trading of spun cotton yarn.
Peers
Compare with peersKPR Mill Ltd
Vedant Fashions Ltd
Aditya Birla Real Estate Ltd
Swan Energy Ltd
Trident Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 59.84 | 86.34 | 99.53 | 104.93 | 111.09 | 110.88 | 175.57 | 137.92 | 177.92 | 155.41 | ||||||||||
Raw Materials | 39.81 | 66.44 | 69.37 | 78.94 | 92.49 | 88.31 | 139.12 | 121.55 | 149.93 | 148.35 | ||||||||||
| Power & Fuel Cost | 0.00 | 7.47 | 8.18 | 8.03 | 9.28 | 9.51 | 11.21 | 8.31 | 11.87 | |||||||||||
| Employee Cost | 3.94 | 4.81 | 6.38 | 5.66 | 5.61 | 4.73 | 7.50 | 5.05 | 4.81 | |||||||||||
| Selling & Administrative Expenses | 0.00 | 0.70 | 0.74 | 1.29 | 0.75 | 0.89 | 1.31 | 1.07 | 1.53 | |||||||||||
| Operating & Other expenses | 6.66 | -2.14 | 0.59 | 0.69 | 0.29 | 0.95 | -0.03 | 0.00 | -0.93 | |||||||||||
EBITDA | 9.43 | 9.06 | 14.27 | 10.32 | 2.67 | 6.49 | 16.46 | 1.94 | 10.71 | 7.06 | ||||||||||
| Depreciation/Amortization | 3.60 | 3.79 | 3.84 | 3.82 | 4.10 | 4.14 | 4.21 | 4.27 | 4.34 | 4.51 | ||||||||||
| PBIT | 5.83 | 5.27 | 10.43 | 6.50 | -1.43 | 2.35 | 12.25 | -2.33 | 6.37 | 2.55 | ||||||||||
| Interest & Other Items | 2.37 | 2.59 | 2.39 | 2.65 | 3.18 | 2.53 | 2.58 | 1.86 | 1.36 | 1.36 | ||||||||||
| PBT | 3.46 | 2.68 | 8.04 | 3.85 | -4.61 | -0.18 | 9.67 | -4.19 | 5.01 | 1.19 | ||||||||||
| Taxes & Other Items | 0.80 | 0.12 | -0.51 | 1.60 | 1.13 | -1.42 | 2.64 | -1.43 | 1.56 | 0.50 | ||||||||||
| Net Income | 2.66 | 2.56 | 8.55 | 2.25 | -5.74 | 1.24 | 7.03 | -2.76 | 3.45 | 0.69 | ||||||||||
| EPS | 0.01 | 0.00 | 0.02 | 0.00 | -0.01 | 0.00 | 0.01 | -0.01 | 0.08 | 0.02 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.36 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryTextiles
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Akshar Spintex Ltd | 17.58 | 1.38 | 0.49% |
| KPR Mill Ltd | 47.90 | 8.85 | 0.44% |
| Vedant Fashions Ltd | 78.46 | 20.29 | 0.64% |
| Aditya Birla Real Estate Ltd | 587.64 | 7.25 | 0.19% |
Price Comparison
Compare AKSHAR with any stock or ETFShareholdings
Promoter Holdings Trend
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJan 4, 2024
Dividend/Share
₹0.01
Ex DateEx Date
Jan 4, 2024
Net loss of Akshar Spintex reported to Rs 1.60 crore in the quarter ended September 2024 as against net profit of Rs 0.90 crore during the previous quarter ended September 2023. Sales declined 46.78% to Rs 23.19 crore in the quarter ended September 2024 as against Rs 43.57 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales23.1943.57 -47 OPM %-5.564.20 - PBDT-1.222.33 PL PBT-2.391.26 PL NP-1.600.90 PL Powered by Capital Market - Live
Akshar Spintex will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Akshar Spintex announced that the 11th Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live
Akshar Spintex will hold a meeting of the Board of Directors of the Company on 17 August 2024.Powered by Capital Market - Live
Net profit of Akshar Spintex declined 30.00% to Rs 0.63 crore in the quarter ended June 2024 as against Rs 0.90 crore during the previous quarter ended June 2023. Sales declined 3.72% to Rs 37.02 crore in the quarter ended June 2024 as against Rs 38.45 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales37.0238.45 -4 OPM %5.274.58 - PBDT2.232.33 -4 PBT1.081.26 -14 NP0.630.90 -30 Powered by Capital Market - Live
Akshar Spintex will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.14%, vs industry avg of 2.98%
Increasing Market Share
Over the last 5 years, market share increased from 0.07% to 0.1%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 8.92%, vs industry avg of -9.63%