Share Price and Basic Stock Data
Last Updated: November 7, 2025, 6:19 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Akshar Spintex Ltd operates in the cotton blended textiles sector, focusing on spinning. As of the latest data, the company’s stock price stood at ₹0.60, with a market capitalization of ₹45.7 Cr. The financial performance displayed significant volatility, with reported sales of ₹136 Cr for the fiscal year ending March 2023, a decline from ₹172 Cr in the previous year. However, the company recorded a sales increase to ₹175 Cr in March 2024, indicating a recovery trend. Quarterly sales also showed fluctuations, with the highest sales of ₹48.13 Cr reported in March 2024, followed by a drop to ₹30.58 Cr in March 2025. The company’s operating profit margin (OPM) remained negative at -1.99%, reflecting ongoing challenges in managing costs effectively. Overall, revenue trends indicate a struggling but potentially stabilizing business environment.
Profitability and Efficiency Metrics
Akshar Spintex Ltd’s profitability metrics reveal a challenging landscape. The company reported a net profit of ₹-6 Cr for the fiscal year ending March 2025, down from ₹3 Cr in March 2024. The operating profit margin (OPM) consistently remained negative, indicating operational inefficiencies, with the latest OPM at -1.99%. The interest coverage ratio (ICR) stood at -0.13x, suggesting that the company is unable to cover its interest obligations, which poses a risk to its sustainability. The cash conversion cycle (CCC) has also lengthened significantly to 171 days, indicating a delay in converting investments into cash flows. In contrast, the return on equity (ROE) was reported at 6.72%, while the return on capital employed (ROCE) was at 6.01%, which are relatively low compared to typical sector averages, suggesting inefficiencies in capital utilization.
Balance Sheet Strength and Financial Ratios
Akshar Spintex Ltd’s balance sheet presents a mixed picture of financial health. The company reported total borrowings of ₹6 Cr against reserves of ₹9 Cr, indicating a manageable debt load. The current ratio stood at an impressive 9.91x, suggesting strong liquidity and the ability to cover short-term liabilities. However, the total debt-to-equity ratio was low at 0.06x, indicating conservative leverage. The price-to-book value (P/BV) ratio was reported at 0.44x, which is below the typical sector range, implying that the stock may be undervalued relative to its book value. Additionally, the company has a high number of shareholders at 1,47,519, reflecting a broad base of public interest. Nevertheless, the interest coverage ratio of -0.13x raises concerns about the company’s ability to meet its interest obligations, highlighting potential risks to financial stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Akshar Spintex Ltd indicates a significant shift in ownership dynamics. Promoter holdings have drastically declined from 43.74% in March 2023 to just 0.27% by March 2025, suggesting a loss of confidence among the promoters. In contrast, public ownership has surged to 99.72%, reflecting strong retail investor interest. The number of shareholders increased dramatically from 2,403 in March 2023 to 1,48,333 in March 2025, indicating heightened public participation in the company’s equity. However, the absence of foreign institutional investment (FIIs) and the diminishing promoter stake might signal concerns regarding corporate governance and long-term strategic direction. This shift could affect investor confidence and future capital raising efforts, impacting the company’s overall market perception.
Outlook, Risks, and Final Insight
The outlook for Akshar Spintex Ltd hinges on its ability to stabilize operations and improve profitability. The company faces several risks, including high operational costs reflected in negative OPM, a concerning interest coverage ratio, and a prolonged cash conversion cycle. Addressing these issues will be critical for recovery. However, the company’s strong liquidity position and high public shareholder base could provide a buffer against financial distress. If Akshar Spintex can effectively manage its costs and enhance operational efficiency, it may begin to recover lost ground. Conversely, failure to address these operational challenges could lead to further financial deterioration. The company’s prospects will largely depend on its ability to reclaim profitability and restore investor confidence amidst a shifting ownership landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Akshar Spintex Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mohite Industries Ltd | 61.9 Cr. | 3.08 | 9.84/2.33 | 28.0 | 5.67 | 0.00 % | 7.87 % | 4.83 % | 1.00 |
| Hisar Spinning Mills Ltd | 19.8 Cr. | 53.0 | 76.2/40.7 | 6.19 | 67.5 | 0.00 % | 15.1 % | 12.3 % | 10.0 |
| Rudra Ecovation Ltd | 368 Cr. | 32.2 | 75.9/28.3 | 8.42 | 0.00 % | 3.03 % | 5.73 % | 1.00 | |
| H P Cotton Textile Mills Ltd | 39.6 Cr. | 101 | 142/82.0 | 13.6 | 45.7 | 0.00 % | 19.2 % | 17.1 % | 10.0 |
| Gujarat Hy-Spin Ltd | 29.2 Cr. | 17.4 | 27.5/14.0 | 292 | 11.4 | 0.00 % | 4.09 % | 0.52 % | 10.0 |
| Industry Average | 3,458.78 Cr | 177.11 | 31.35 | 126.47 | 0.40% | 9.27% | 8.20% | 7.02 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 48.33 | 18.78 | 31.03 | 37.39 | 38.45 | 43.57 | 44.80 | 48.13 | 37.02 | 23.19 | 25.97 | 30.58 | 26.19 |
| Expenses | 46.10 | 25.24 | 29.81 | 34.98 | 36.69 | 41.74 | 42.99 | 45.79 | 35.07 | 24.48 | 28.21 | 31.41 | 26.71 |
| Operating Profit | 2.23 | -6.46 | 1.22 | 2.41 | 1.76 | 1.83 | 1.81 | 2.34 | 1.95 | -1.29 | -2.24 | -0.83 | -0.52 |
| OPM % | 4.61% | -34.40% | 3.93% | 6.45% | 4.58% | 4.20% | 4.04% | 4.86% | 5.27% | -5.56% | -8.63% | -2.71% | -1.99% |
| Other Income | 0.78 | 0.12 | 0.75 | 0.74 | 0.87 | 0.86 | 0.52 | 0.70 | 0.64 | 0.39 | 0.39 | 0.85 | 0.50 |
| Interest | 0.44 | 0.40 | 0.48 | 0.40 | 0.30 | 0.36 | 0.29 | 0.39 | 0.36 | 0.32 | 0.28 | 0.13 | 0.12 |
| Depreciation | 1.07 | 1.07 | 1.07 | 1.07 | 1.07 | 1.07 | 1.07 | 1.12 | 1.15 | 1.17 | 1.16 | 1.16 | 1.59 |
| Profit before tax | 1.50 | -7.81 | 0.42 | 1.68 | 1.26 | 1.26 | 0.97 | 1.53 | 1.08 | -2.39 | -3.29 | -1.27 | -1.73 |
| Tax % | 28.00% | -0.64% | -11.90% | -104.17% | 28.57% | 28.57% | 27.84% | 37.25% | 41.67% | -33.05% | -29.18% | -10.24% | -28.32% |
| Net Profit | 1.08 | -7.76 | 0.47 | 3.44 | 0.90 | 0.90 | 0.70 | 0.96 | 0.63 | -1.60 | -2.33 | -1.14 | -1.24 |
| EPS in Rs | 0.01 | -0.10 | 0.01 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.02 | -0.03 | -0.01 | -0.02 |
Last Updated: August 20, 2025, 12:10 am
Below is a detailed analysis of the quarterly data for Akshar Spintex Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 26.19 Cr.. The value appears to be declining and may need further review. It has decreased from 30.58 Cr. (Mar 2025) to 26.19 Cr., marking a decrease of 4.39 Cr..
- For Expenses, as of Jun 2025, the value is 26.71 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 31.41 Cr. (Mar 2025) to 26.71 Cr., marking a decrease of 4.70 Cr..
- For Operating Profit, as of Jun 2025, the value is -0.52 Cr.. The value appears strong and on an upward trend. It has increased from -0.83 Cr. (Mar 2025) to -0.52 Cr., marking an increase of 0.31 Cr..
- For OPM %, as of Jun 2025, the value is -1.99%. The value appears strong and on an upward trend. It has increased from -2.71% (Mar 2025) to -1.99%, marking an increase of 0.72%.
- For Other Income, as of Jun 2025, the value is 0.50 Cr.. The value appears to be declining and may need further review. It has decreased from 0.85 Cr. (Mar 2025) to 0.50 Cr., marking a decrease of 0.35 Cr..
- For Interest, as of Jun 2025, the value is 0.12 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.13 Cr. (Mar 2025) to 0.12 Cr., marking a decrease of 0.01 Cr..
- For Depreciation, as of Jun 2025, the value is 1.59 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.16 Cr. (Mar 2025) to 1.59 Cr., marking an increase of 0.43 Cr..
- For Profit before tax, as of Jun 2025, the value is -1.73 Cr.. The value appears to be declining and may need further review. It has decreased from -1.27 Cr. (Mar 2025) to -1.73 Cr., marking a decrease of 0.46 Cr..
- For Tax %, as of Jun 2025, the value is -28.32%. The value appears to be improving (decreasing) as expected. It has decreased from -10.24% (Mar 2025) to -28.32%, marking a decrease of 18.08%.
- For Net Profit, as of Jun 2025, the value is -1.24 Cr.. The value appears to be declining and may need further review. It has decreased from -1.14 Cr. (Mar 2025) to -1.24 Cr., marking a decrease of 0.10 Cr..
- For EPS in Rs, as of Jun 2025, the value is -0.02. The value appears to be declining and may need further review. It has decreased from -0.01 (Mar 2025) to -0.02, marking a decrease of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:00 am
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15 | 58 | 86 | 93 | 101 | 109 | 110 | 172 | 136 | 175 | 117 | 106 |
| Expenses | 13 | 50 | 77 | 85 | 95 | 108 | 104 | 159 | 136 | 167 | 119 | 111 |
| Operating Profit | 2 | 8 | 9 | 8 | 6 | 1 | 5 | 13 | -0 | 8 | -2 | -5 |
| OPM % | 14% | 14% | 10% | 8% | 6% | 1% | 5% | 8% | -0% | 4% | -2% | -5% |
| Other Income | 0 | 1 | 0 | 6 | 4 | 2 | 1 | 3 | 2 | 3 | 2 | 2 |
| Interest | 1 | 2 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 1 |
| Depreciation | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 |
| Profit before tax | 0 | 3 | 3 | 8 | 4 | -5 | -0 | 10 | -4 | 5 | -6 | -9 |
| Tax % | 282% | 23% | 4% | -6% | 42% | 25% | -789% | 27% | -34% | 31% | -24% | |
| Net Profit | -1 | 3 | 3 | 9 | 2 | -6 | 1 | 7 | -3 | 3 | -4 | -6 |
| EPS in Rs | -0.01 | 0.04 | 0.03 | 0.11 | 0.03 | -0.07 | 0.02 | 0.09 | -0.04 | 0.04 | -0.06 | -0.08 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 0% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 400.00% | 0.00% | 200.00% | -77.78% | -400.00% | 116.67% | 600.00% | -142.86% | 200.00% | -233.33% |
| Change in YoY Net Profit Growth (%) | 0.00% | -400.00% | 200.00% | -277.78% | -322.22% | 516.67% | 483.33% | -742.86% | 342.86% | -433.33% |
Akshar Spintex Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 1% |
| 3 Years: | -12% |
| TTM: | -39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | % |
| TTM: | -298% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -19% |
| 3 Years: | -74% |
| 1 Year: | -69% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 2% |
| 3 Years: | -2% |
| Last Year: | -7% |
Last Updated: September 5, 2025, 2:11 pm
No data available for the Balance Sheet data table.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -43.00 | -36.00 | -33.00 | -29.00 | -27.00 | -27.00 | -20.00 | -13.00 | -18.00 | -11.00 | -8.00 |
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.
Financial Efficiency Indicators
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 13 | 24 | 20 | 18 | 15 | 10 | 2 | 33 | 10 | 24 |
| Inventory Days | 153 | 78 | 56 | 63 | 61 | 40 | 65 | 88 | 53 | 60 | 155 |
| Days Payable | 106 | 11 | 21 | 17 | 27 | 21 | 31 | 36 | 45 | 21 | 8 |
| Cash Conversion Cycle | 97 | 80 | 60 | 66 | 52 | 34 | 44 | 54 | 41 | 50 | 171 |
| Working Capital Days | -33 | 28 | 5 | 28 | 31 | 1 | 15 | 26 | 23 | 25 | 154 |
| ROCE % | 9% | 8% | 15% | 9% | -2% | 4% | 19% | -4% | 11% | -6% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -0.08 | 0.12 | -1.11 | 2.79 | 0.50 |
| Diluted EPS (Rs.) | -0.08 | 0.12 | -1.11 | 2.79 | 0.50 |
| Cash EPS (Rs.) | 0.00 | 0.25 | 0.60 | 4.47 | 2.15 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1.12 | 1.46 | 16.26 | 17.29 | 14.50 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1.12 | 1.46 | 16.26 | 17.29 | 14.50 |
| Dividend / Share (Rs.) | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Revenue From Operations / Share (Rs.) | 1.48 | 5.83 | 54.22 | 68.85 | 43.82 |
| PBDIT / Share (Rs.) | 0.00 | 0.35 | 0.71 | 6.56 | 2.59 |
| PBIT / Share (Rs.) | -0.06 | 0.21 | -0.98 | 4.87 | 0.93 |
| PBT / Share (Rs.) | -0.07 | 0.16 | -1.68 | 3.85 | -0.07 |
| Net Profit / Share (Rs.) | -0.05 | 0.11 | -1.11 | 2.79 | 0.49 |
| PBDIT Margin (%) | -0.12 | 6.10 | 1.32 | 9.52 | 5.91 |
| PBIT Margin (%) | -4.10 | 3.62 | -1.82 | 7.07 | 2.13 |
| PBT Margin (%) | -5.03 | 2.86 | -3.09 | 5.58 | -0.16 |
| Net Profit Margin (%) | -3.80 | 1.97 | -2.03 | 4.05 | 1.13 |
| Return on Networth / Equity (%) | -5.04 | 7.87 | -6.80 | 16.13 | 3.42 |
| Return on Capital Employeed (%) | -5.18 | 11.87 | -5.03 | 20.52 | 4.44 |
| Return On Assets (%) | -4.53 | 4.67 | -3.61 | 7.26 | 1.69 |
| Long Term Debt / Equity (X) | 0.04 | 0.20 | 0.20 | 0.26 | 0.37 |
| Total Debt / Equity (X) | 0.06 | 0.43 | 0.43 | 0.59 | 0.51 |
| Asset Turnover Ratio (%) | 1.36 | 2.33 | 1.57 | 2.03 | 1.48 |
| Current Ratio (X) | 9.91 | 1.58 | 1.31 | 1.42 | 1.23 |
| Quick Ratio (X) | 2.58 | 0.39 | 0.67 | 0.51 | 0.47 |
| Inventory Turnover Ratio (X) | 3.49 | 8.44 | 4.67 | 5.02 | 6.48 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 7.23 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 3.20 | 0.00 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 92.77 | 0.00 | 0.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 96.80 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | -0.13 | 8.01 | 1.05 | 6.40 | 2.57 |
| Interest Coverage Ratio (Post Tax) (X) | -3.08 | 3.59 | -0.60 | 3.72 | 1.49 |
| Enterprise Value (Cr.) | 42.52 | 85.27 | 170.08 | 165.59 | 41.79 |
| EV / Net Operating Revenue (X) | 0.36 | 0.48 | 1.25 | 0.96 | 0.38 |
| EV / EBITDA (X) | -285.15 | 7.98 | 94.64 | 10.10 | 6.45 |
| MarketCap / Net Operating Revenue (X) | 0.33 | 0.37 | 1.12 | 0.81 | 0.21 |
| Retention Ratios (%) | 0.00 | 92.76 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 0.44 | 1.51 | 3.75 | 3.24 | 0.64 |
| Price / Net Operating Revenue (X) | 0.33 | 0.37 | 1.12 | 0.81 | 0.21 |
| EarningsYield | -0.11 | 0.05 | -0.01 | 0.04 | 0.05 |
After reviewing the key financial ratios for Akshar Spintex Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is -0.08. This value is below the healthy minimum of 5. It has decreased from 0.12 (Mar 24) to -0.08, marking a decrease of 0.20.
- For Diluted EPS (Rs.), as of Mar 25, the value is -0.08. This value is below the healthy minimum of 5. It has decreased from 0.12 (Mar 24) to -0.08, marking a decrease of 0.20.
- For Cash EPS (Rs.), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 3. It has decreased from 0.25 (Mar 24) to 0.00, marking a decrease of 0.25.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1.12. It has decreased from 1.46 (Mar 24) to 1.12, marking a decrease of 0.34.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1.12. It has decreased from 1.46 (Mar 24) to 1.12, marking a decrease of 0.34.
- For Dividend / Share (Rs.), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 1. It has decreased from 0.01 (Mar 24) to 0.00, marking a decrease of 0.01.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1.48. It has decreased from 5.83 (Mar 24) to 1.48, marking a decrease of 4.35.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 2. It has decreased from 0.35 (Mar 24) to 0.00, marking a decrease of 0.35.
- For PBIT / Share (Rs.), as of Mar 25, the value is -0.06. This value is below the healthy minimum of 0. It has decreased from 0.21 (Mar 24) to -0.06, marking a decrease of 0.27.
- For PBT / Share (Rs.), as of Mar 25, the value is -0.07. This value is below the healthy minimum of 0. It has decreased from 0.16 (Mar 24) to -0.07, marking a decrease of 0.23.
- For Net Profit / Share (Rs.), as of Mar 25, the value is -0.05. This value is below the healthy minimum of 2. It has decreased from 0.11 (Mar 24) to -0.05, marking a decrease of 0.16.
- For PBDIT Margin (%), as of Mar 25, the value is -0.12. This value is below the healthy minimum of 10. It has decreased from 6.10 (Mar 24) to -0.12, marking a decrease of 6.22.
- For PBIT Margin (%), as of Mar 25, the value is -4.10. This value is below the healthy minimum of 10. It has decreased from 3.62 (Mar 24) to -4.10, marking a decrease of 7.72.
- For PBT Margin (%), as of Mar 25, the value is -5.03. This value is below the healthy minimum of 10. It has decreased from 2.86 (Mar 24) to -5.03, marking a decrease of 7.89.
- For Net Profit Margin (%), as of Mar 25, the value is -3.80. This value is below the healthy minimum of 5. It has decreased from 1.97 (Mar 24) to -3.80, marking a decrease of 5.77.
- For Return on Networth / Equity (%), as of Mar 25, the value is -5.04. This value is below the healthy minimum of 15. It has decreased from 7.87 (Mar 24) to -5.04, marking a decrease of 12.91.
- For Return on Capital Employeed (%), as of Mar 25, the value is -5.18. This value is below the healthy minimum of 10. It has decreased from 11.87 (Mar 24) to -5.18, marking a decrease of 17.05.
- For Return On Assets (%), as of Mar 25, the value is -4.53. This value is below the healthy minimum of 5. It has decreased from 4.67 (Mar 24) to -4.53, marking a decrease of 9.20.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.04. This value is below the healthy minimum of 0.2. It has decreased from 0.20 (Mar 24) to 0.04, marking a decrease of 0.16.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.06. This value is within the healthy range. It has decreased from 0.43 (Mar 24) to 0.06, marking a decrease of 0.37.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.36. It has decreased from 2.33 (Mar 24) to 1.36, marking a decrease of 0.97.
- For Current Ratio (X), as of Mar 25, the value is 9.91. This value exceeds the healthy maximum of 3. It has increased from 1.58 (Mar 24) to 9.91, marking an increase of 8.33.
- For Quick Ratio (X), as of Mar 25, the value is 2.58. This value exceeds the healthy maximum of 2. It has increased from 0.39 (Mar 24) to 2.58, marking an increase of 2.19.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.49. This value is below the healthy minimum of 4. It has decreased from 8.44 (Mar 24) to 3.49, marking a decrease of 4.95.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 7.23 (Mar 24) to 0.00, marking a decrease of 7.23.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 3.20 (Mar 24) to 0.00, marking a decrease of 3.20.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 92.77 (Mar 24) to 0.00, marking a decrease of 92.77.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 96.80 (Mar 24) to 0.00, marking a decrease of 96.80.
- For Interest Coverage Ratio (X), as of Mar 25, the value is -0.13. This value is below the healthy minimum of 3. It has decreased from 8.01 (Mar 24) to -0.13, marking a decrease of 8.14.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -3.08. This value is below the healthy minimum of 3. It has decreased from 3.59 (Mar 24) to -3.08, marking a decrease of 6.67.
- For Enterprise Value (Cr.), as of Mar 25, the value is 42.52. It has decreased from 85.27 (Mar 24) to 42.52, marking a decrease of 42.75.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.36. This value is below the healthy minimum of 1. It has decreased from 0.48 (Mar 24) to 0.36, marking a decrease of 0.12.
- For EV / EBITDA (X), as of Mar 25, the value is -285.15. This value is below the healthy minimum of 5. It has decreased from 7.98 (Mar 24) to -285.15, marking a decrease of 293.13.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.33. This value is below the healthy minimum of 1. It has decreased from 0.37 (Mar 24) to 0.33, marking a decrease of 0.04.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 92.76 (Mar 24) to 0.00, marking a decrease of 92.76.
- For Price / BV (X), as of Mar 25, the value is 0.44. This value is below the healthy minimum of 1. It has decreased from 1.51 (Mar 24) to 0.44, marking a decrease of 1.07.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.33. This value is below the healthy minimum of 1. It has decreased from 0.37 (Mar 24) to 0.33, marking a decrease of 0.04.
- For EarningsYield, as of Mar 25, the value is -0.11. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to -0.11, marking a decrease of 0.16.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.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 Akshar Spintex Ltd:
- Net Profit Margin: -3.8%
- 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.
- ROCE: -5.18% (Industry Average ROCE: 9.27%)
- 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.
- ROE%: -5.04% (Industry Average ROE: 8.2%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -3.08
- 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.
- Quick Ratio: 2.58
- 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.
- Stock P/E: 0 (Industry average Stock P/E: 31.35)
- 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.
- Total Debt / Equity: 0.06
- 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.
Stock Rating: - Net Profit Margin: -3.8%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Textiles - Spinning - Cotton Blended | Revenue Survey No. 102/2, Paiki, Plot No. 2, Jamnagar Dist. Gujarat 361013 | info@aksharspintex.in http://www.aksharspintex.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Harikrushna Shamjibhai Chauhan | Chairman & Wholetime Director |
| Mr. Harry Paghdar | Managing Director |
| Mrs. Ilaben Dineshbhai Paghdar | Executive Director |
| Mr. Rohit Bhanjibhai Dobariya | Independent Director |
| Mr. Parshotam Lakhabhai Vasoya | Independent Director |
| Mr. Sureshkumar Chaturbhai Gajera | Independent Director |