Share Price and Basic Stock Data

Last Updated: November 19, 2024, 12:45 pm

Market Cap	223 Cr.
Current Price	443
High / Low	443/107
Stock P/E	30.9
Book Value	82.1
Dividend Yield	0.00 %
ROCE	28.0 %
ROE	24.3 %
Face Value	10.0
PEG Ratio	0.43

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for AK Spintex Ltd

Competitors of AK Spintex Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gujarat Cotex Ltd	17.2 Cr.	12.1	14.4/3.19	39.2	4.89	0.00 %	3.52 %	2.90 %	5.00
Gini Silk Mills Ltd	68.3 Cr.	122	164/59.5	32.8	87.6	0.00 %	5.66 %	4.64 %	10.0
Dhanlaxmi Fabrics Ltd	51.6 Cr.	60.1	80.0/44.9		55.2	0.00 %	12.2 %	14.6 %	10.0
Bluechip Tex Industries Ltd	28.8 Cr.	146	226/136		135	0.68 %	3.29 %	1.84 %	10.0
Arex Industries Ltd	63.4 Cr.	160	244/111	21.8	61.7	0.00 %	11.3 %	8.34 %	10.0
Industry Average	1,167.86 Cr	115.82		173.57	68.61	0.11%	10.37%	13.84%	7.33

All Competitor Stocks of AK Spintex Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	8.99	17.05	22.96	23.65	27.76	28.69	27.66	32.32	30.32	27.96	28.42	30.54	24.26
Expenses	7.91	15.95	20.48	20.83	24.10	23.54	23.98	28.53	25.47	24.09	22.95	25.76	21.14
Operating Profit	1.08	1.10	2.48	2.82	3.66	5.15	3.68	3.79	4.85	3.87	5.47	4.78	3.12
OPM %	12.01%	6.45%	10.80%	11.92%	13.18%	17.95%	13.30%	11.73%	16.00%	13.84%	19.25%	15.65%	12.86%
Other Income	0.02	0.00	0.08	0.03	0.00	0.06	0.00	0.07	0.04	0.00	0.00	0.00	0.00
Interest	0.24	0.21	0.23	0.23	0.21	0.23	0.17	0.23	0.21	0.21	0.16	0.18	0.16
Depreciation	0.84	0.84	1.24	1.08	1.20	1.80	1.50	1.63	1.50	1.55	1.63	2.19	2.30
Profit before tax	0.02	0.05	1.09	1.54	2.25	3.18	2.01	2.00	3.18	2.11	3.68	2.41	0.66
Tax %	0.00%	20.00%	15.60%	46.10%	15.56%	23.58%	27.36%	22.50%	29.56%	20.85%	25.27%	13.28%	25.76%
Net Profit	0.02	0.04	0.91	0.84	1.90	2.43	1.45	1.54	2.23	1.67	2.75	2.10	0.49
EPS in Rs	0.04	0.08	1.81	1.67	3.78	4.83	2.88	3.06	4.43	3.32	5.47	4.17	0.97

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	34	40	44	52	53	54	60	64	48	73	116	117	111
Expenses	31	36	40	46	47	48	53	56	43	65	100	98	94
Operating Profit	3	4	4	6	6	6	7	7	5	7	16	19	17
OPM %	8%	9%	9%	11%	11%	10%	11%	11%	10%	10%	14%	16%	16%
Other Income	0	0	0	0	0	2	0	0	0	0	0	0	0
Interest	1	2	1	1	1	1	1	1	1	1	1	1	1
Depreciation	2	2	2	2	2	3	4	4	3	4	6	7	8
Profit before tax	0	1	0	3	3	4	2	3	0	3	9	11	9
Tax %	81%	16%	62%	38%	32%	12%	28%	26%	0%	33%	22%	26%
Net Profit	0	0	0	2	2	3	1	2	0	2	7	8	7
EPS in Rs	0.12	0.85	0.24	3.84	4.17	6.68	2.50	3.80	0.91	3.60	14.55	16.79	13.93
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	50.00%	-66.67%	100.00%	-100.00%	250.00%	14.29%
Change in YoY Net Profit Growth (%)	0.00%	50.00%	-116.67%	166.67%	-200.00%	350.00%	-235.71%

AK Spintex Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	14%
3 Years:	35%
TTM:	-7%

Compounded Profit Growth
10 Years:	35%
5 Years:	46%
3 Years:	164%
TTM:	5%

Stock Price CAGR
10 Years:	%
5 Years:	106%
3 Years:	175%
1 Year:	245%

Return on Equity
10 Years:	14%
5 Years:	16%
3 Years:	21%
Last Year:	24%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:56 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	5	5	5	5	5	5	5	5	5	5	5	5	5
Reserves	5	5	5	7	9	13	14	16	16	18	25	34	36
Borrowings	15	16	15	10	10	14	13	10	11	11	10	7	10
Other Liabilities	8	9	9	10	10	13	13	14	15	18	19	22	24
Total Liabilities	33	35	35	32	35	44	46	45	47	52	60	69	75
Fixed Assets	15	16	15	15	18	25	22	21	21	25	28	38	36
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	6
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	18	19	20	18	17	20	23	24	26	28	32	30	33
Total Assets	33	35	35	32	35	44	46	45	47	52	60	69	75

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-0	4	1	7	6	5	0	6	4	7	11	21
Cash from Investing Activity +	0	-2	-3	-7	-5	-8	0	-2	-4	-8	-9	-18
Cash from Financing Activity +	3	-2	2	-1	-2	3	0	-4	-0	1	-2	-4
Net Cash Flow	3	0	-0	-1	-0	-0	0	0	-0	0	-0	0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-12.00	-12.00	-11.00	-4.00	-4.00	-8.00	-6.00	-3.00	-6.00	-4.00	6.00	12.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	73	77	77	68	75	82	90	84	111	76	62	53
Inventory Days	220	182	125	97	86	127	123	141	260	174	101	109
Days Payable	259	263	214	207	213	247	230	236	375	300	202	254
Cash Conversion Cycle	34	-4	-12	-43	-53	-39	-17	-10	-4	-49	-38	-92
Working Capital Days	76	66	63	42	34	49	59	61	85	54	42	25
ROCE %	6%	9%	7%	18%	17%	10%	9%	11%	4%	11%	28%	28%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	65.32%	65.32%	65.32%	65.33%	68.16%	70.06%	70.46%	70.73%	70.76%	70.76%	70.76%	70.76%
Public	34.68%	34.68%	34.68%	34.68%	31.84%	29.95%	29.54%	29.27%	29.24%	29.24%	29.25%	29.24%
No. of Shareholders	1,088	5,329	4,696	4,111	3,529	3,212	3,018	3,085	3,429	3,520	3,571	4,312

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	16.79	14.56	3.59	0.91	3.79
Diluted EPS (Rs.)	16.79	14.56	3.59	0.91	3.79
Cash EPS (Rs.)	30.45	26.76	11.57	7.62	11.18
Book Value[Excl.RevalReserv]/Share (Rs.)	77.45	60.67	46.11	42.52	41.61
Book Value[Incl.RevalReserv]/Share (Rs.)	77.45	60.67	46.11	42.52	41.61
Revenue From Operations / Share (Rs.)	232.99	231.40	144.38	95.39	126.36
PBDIT / Share (Rs.)	37.78	32.61	15.13	9.51	14.52
PBIT / Share (Rs.)	24.12	20.40	7.15	2.80	7.13
PBT / Share (Rs.)	22.61	18.73	5.35	0.91	5.13
Net Profit / Share (Rs.)	16.79	14.56	3.59	0.90	3.79
PBDIT Margin (%)	16.21	14.09	10.48	9.97	11.49
PBIT Margin (%)	10.35	8.81	4.95	2.93	5.64
PBT Margin (%)	9.70	8.09	3.70	0.95	4.05
Net Profit Margin (%)	7.20	6.29	2.48	0.95	2.99
Return on Networth / Equity (%)	21.67	23.99	7.79	2.13	9.10
Return on Capital Employeed (%)	28.98	29.37	11.87	4.97	13.10
Return On Assets (%)	12.31	12.23	3.45	0.97	4.26
Long Term Debt / Equity (X)	0.00	0.10	0.22	0.23	0.21
Total Debt / Equity (X)	0.13	0.32	0.47	0.44	0.43
Asset Turnover Ratio (%)	0.00	2.08	1.46	1.05	1.41
Current Ratio (X)	1.10	1.27	1.23	1.36	1.36
Quick Ratio (X)	0.82	0.96	0.87	0.97	1.03
Inventory Turnover Ratio (X)	0.00	3.44	2.18	1.76	2.86
Interest Coverage Ratio (X)	25.02	19.52	8.38	5.04	7.25
Interest Coverage Ratio (Post Tax) (X)	12.12	9.72	2.99	1.48	2.89
Enterprise Value (Cr.)	72.89	53.20	42.89	22.80	14.44
EV / Net Operating Revenue (X)	0.62	0.45	0.59	0.47	0.22
EV / EBITDA (X)	3.83	3.24	5.63	4.76	1.98
MarketCap / Net Operating Revenue (X)	0.57	0.37	0.43	0.27	0.08
Price / BV (X)	1.74	1.42	1.38	0.62	0.26
Price / Net Operating Revenue (X)	0.57	0.37	0.43	0.27	0.08
EarningsYield	0.12	0.16	0.05	0.03	0.34

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of AK Spintex Ltd as of November 21, 2024 is: 628.79

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 21, 2024, AK Spintex Ltd is Undervalued by 41.94% compared to the current share price 443.00

Intrinsic Value of AK Spintex Ltd as of November 21, 2024 is: 1,085.14

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 21, 2024, AK Spintex Ltd is Undervalued by 144.95% compared to the current share price 443.00

Last 5 Year EPS CAGR: 72.58%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Cash Conversion Cycle of -27.25, which is a positive sign. The company has higher reserves (15.62 cr) compared to borrowings (11.69 cr), indicating strong financial stability. The company has shown consistent growth in sales (66.62 cr) and profit (3.69 cr) over the years.	The stock has a low average ROCE of 13.17%, which may not be favorable. The stock has a high average Working Capital Days of 54.67, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in AK Spintex Ltd:
1. Net Profit Margin: 7.2%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 28.98% (Industry Average ROCE: 10.37%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 21.67% (Industry Average ROE: 12.92%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 12.12
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.82
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 30.9 (Industry average Stock P/E: 115.71)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.13
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

AK Spintex Ltd. is a Public Limited Listed company incorporated on 14/10/1994 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L17117RJ1994PLC008916 and registration number is 008916. Currently company belongs to the Industry of Textiles - Processing/Texturising. Company’s Total Operating Revenue is Rs. 72.65 Cr. and Equity Capital is Rs. 5.03 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Textiles - Processing/Texturising	14 KM Stone, Chittorgarh Road, Bhilwara Rajasthan 311001	info@akspintex.com http://www.akspintex.com

Management
Name	Position Held
Mr. Prakash Chand Chhabra	Managing Director
Mr. Deepak Karwa	Independent Director
Mrs. Divya Parveen Kothari	Independent Director
Mr. Tilok Chand Chhabra	Director
Mr. Saurabh Chhabra	Director

FAQ

What is the latest intrinsic value of AK Spintex Ltd?

The latest intrinsic value of AK Spintex Ltd as on 21 November 2024 is ₹628.79, which is 41.94% higher than the current market price of ₹443.00.

What is the Market Cap of AK Spintex Ltd?

The Market Cap of AK Spintex Ltd is 223 Cr..

What is the current Stock Price of AK Spintex Ltd as on 21 November 2024?

The current stock price of AK Spintex Ltd as on 21 November 2024 is ₹443.

What is the High / Low of AK Spintex Ltd stocks in FY 2024?

In FY 2024, the High / Low of AK Spintex Ltd stocks is 443/107.

What is the Stock P/E of AK Spintex Ltd?

The Stock P/E of AK Spintex Ltd is 30.9.

What is the Book Value of AK Spintex Ltd?

The Book Value of AK Spintex Ltd is 82.1.

What is the Dividend Yield of AK Spintex Ltd?

The Dividend Yield of AK Spintex Ltd is 0.00 %.

What is the ROCE of AK Spintex Ltd?

The ROCE of AK Spintex Ltd is 28.0 %.

What is the ROE of AK Spintex Ltd?

The ROE of AK Spintex Ltd is 24.3 %.

What is the Face Value of AK Spintex Ltd?

The Face Value of AK Spintex Ltd is 10.0.

Share Price and Basic Stock Data

Stock P/E, Current Price, and Intrinsic Value Over Time

Competitors of AK Spintex Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of AK Spintex Ltd?

What is the Market Cap of AK Spintex Ltd?

What is the current Stock Price of AK Spintex Ltd as on 21 November 2024?

What is the High / Low of AK Spintex Ltd stocks in FY 2024?

What is the Stock P/E of AK Spintex Ltd?

What is the Book Value of AK Spintex Ltd?

What is the Dividend Yield of AK Spintex Ltd?

What is the ROCE of AK Spintex Ltd?

What is the ROE of AK Spintex Ltd?

What is the Face Value of AK Spintex Ltd?

About the Author

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