Acknit Industries Share Price

  • 307.90-4.95 (-1.58%)
  • Volume: 2,638
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  • Closed
  • Last Updated On: 04 Jul, 2024, 03:41 PM IST
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Acknit Industries Share...

  • 307.90-4.95 (-1.58%)
  • Volume: 2,638
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Acknit Ind share price insights

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  • Company witnessed QoQ revenue growth of 47.71%, which is highest in the last 3 years. (Source: Standalone Financials)

  • Stock gave a 3 year return of 180.67% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)

  • Sales de-grew by 7.39%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Standalone Financials)

  • Company has spent 1.08% of its operating revenues towards interest expenses and 3.44% towards employee cost in the year ending 31 Mar, 2024. (Source: Standalone Financials)

  • Acknit Industries Ltd. share price moved down by -1.58% from its previous close of Rs 312.85. Acknit Industries Ltd. stock last traded price is 307.90

    Share PriceValue
    Today/Current/Last-307.90
    Previous Day-312.85

InsightsAcknit Ind

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    Key Metrics

    PE Ratio
    (x)    		10.94
    EPS - TTM
    (₹)    		28.13
    MCap
    (₹ Cr.)    		93.60
    Sectoral MCap Rank
    		34
    PB Ratio
    (x)    		1.21
    Div Yield
    (%)    		0.49
    Face Value
    (₹)    		10.00
    Beta

    Beta

    1 Month0.36
    3 Months0.24
    6 Months0.74
    1 Year0.63
    3 Years1.04

    		0.36
    VWAP
    (₹)    		311.27
    52W H/L
    (₹)
    369.45 / 168.90

    Acknit Ind Share Price Returns

    1 Day-1.58%
    1 Week-0.65%
    1 Month2.63%
    3 Months33.29%
    1 Year76.45%
    3 Years145.73%
    5 Years255.75%

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    Acknit Ind News & Analysis

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    Acknit Ind Share Analysis

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    Acknit Ind Share Recommendations

    No Recommendations details available for this stock.
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    Acknit Ind Financials

    • Income (P&L)

    • Balance Sheet

    • Cash Flow

    • Ratios

    • Insights

      • Quarterly Topline Performance

        Company witnessed QoQ revenue growth of 47.71%, which is highest in the last 3 years. (Source: Standalone Financials)

      • Topline Contraction

        Sales de-grew by 7.39%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Standalone Financials)
      Quarterly | AnnualMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
      Total Income68.4946.3656.0749.9853.03
      Total Income Growth (%)47.71-17.3112.18-5.7410.70
      Total Expenses63.7343.1652.8947.2849.33
      Total Expenses Growth (%)47.65-18.4011.88-4.1611.66
      EBIT4.763.203.182.703.70
      EBIT Growth (%)48.510.9217.45-26.83-0.72
      Profit after Tax (PAT)3.072.001.921.562.26
      PAT Growth (%)53.764.2123.14-30.92-2.12
      EBIT Margin (%)6.956.915.665.416.97
      Net Profit Margin (%)4.494.313.423.124.25
      Basic EPS (₹)10.116.586.315.137.42
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue220.91238.54218.55172.32171.37
      Total Revenue Growth (%)-7.399.1526.830.55-3.23
      Total Expenses209.45226.40207.56164.39165.76
      Total Expenses Growth (%)-7.499.0826.26-0.83-3.17
      Profit after Tax (PAT)8.559.027.945.854.37
      PAT Growth (%)-5.1913.6335.7933.84-6.73
      Operating Profit Margin (%)6.276.266.246.565.99
      Net Profit Margin (%)3.873.783.653.462.57
      Basic EPS (₹)28.1329.6726.1119.2314.37

      All figures in Rs Cr, unless mentioned otherwise

      View Details

      No reported Profit & Loss Statement are available.

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets155.60132.56147.07118.59119.24
      Total Assets Growth (%)17.38-9.8724.02-0.55-4.06
      Total Liabilities76.7962.1785.3464.3670.54
      Total Liabilities Growth (%)23.52-27.1532.60-8.76-11.00
      Total Equity78.8170.3961.7354.2248.71
      Total Equity Growth (%)11.9614.0313.8511.318.17
      Current Ratio (x)1.531.561.341.461.37
      Total Debt to Equity (x)0.740.611.010.780.92
      Contingent Liabilities0.002.182.214.684.27

      All figures in Rs Cr, unless mentioned otherwise

      View Details

      No reported Balance Sheet are available.

    • Insights

      • Increase in Cash from Investing

        Company has used Rs 3.92 cr for investing activities which is an YoY increase of 31.31%. (Source: Standalone Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities-8.5325.41-7.639.0024.16
      Net Cash used in Investing Activities-3.92-2.99-6.28-3.23-8.41
      Net Cash flow from Financing Activities12.72-22.3513.69-6.08-15.90
      Net Cash Flow0.260.07-0.23-0.31-0.14
      Closing Cash & Cash Equivalent0.550.290.210.440.75
      Closing Cash & Cash Equivalent Growth (%)92.3533.93-51.51-41.22-15.87
      Total Debt/ CFO (x)-6.861.69-8.134.691.86

      All figures in Rs Cr, unless mentioned otherwise

      View Details

      No reported Cash Flow Statement are available.

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)10.8512.8112.8610.788.96
      Return on Capital Employed (%)17.0220.4620.0817.6417.52
      Return on Assets (%)5.496.805.394.923.66
      Interest Coverage Ratio (x)7.196.526.413.532.22
      Asset Turnover Ratio (x)1.531.711.64142.06142.50
      Price to Earnings (x)7.944.695.174.763.01
      Price to Book (x)0.860.600.660.510.27
      EV/EBITDA (x)7.334.636.164.974.50
      EBITDA Margin (%)7.767.657.668.287.46

      No reported Financial Ratios are available.

    Financial InsightsAcknit Ind

    • Income (P&L)
    • Cash Flow

      • Quarterly Topline Performance

        Company witnessed QoQ revenue growth of 47.71%, which is highest in the last 3 years. (Source: Standalone Financials)

      • Topline Contraction

        Sales de-grew by 7.39%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Standalone Financials)

      • Increase in Cash from Investing

        Company has used Rs 3.92 cr for investing activities which is an YoY increase of 31.31%. (Source: Standalone Financials)

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    Acknit Ind Peer Comparison

    • Acknit Ind Stock Performance

    • Ratio Performance

      • CHART
      • TABLE

      Insights

      • Stock Returns vs Nifty Smallcap 100

        Stock gave a 3 year return of 180.67% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)

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        • Insights

          • Stock Returns vs Nifty Smallcap 100

            Stock gave a 3 year return of 180.67% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)

          Ratio Performance

          NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
          Acknit Ind10.941.1910.8517.025.498.546.273.8728.131.530.74-6.86
          Pioneer Embroid38.160.972.555.901.1214.144.021.051.311.290.749.27
          Virat Ind112.163.322.964.112.4118.023.362.341.545.270.020.12
          Addi Industries12.120.736.038.165.97139.810.000.004.32250.770.000.00
          Vandana Knit586.194.540.771.380.71211.524.542.380.0155.170.07-1.02
          Add More
          Annual Ratios (%)

          Choose from Peers

          • Suditi Ind
          • K-Lifestyle Ind
          • Spenta Intnl
          • Alan Scott Ind
          • York Exports

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          Peers InsightsAcknit Ind

          • Stock Returns vs Nifty Smallcap 100

            Stock gave a 3 year return of 180.67% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)

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          Acknit Ind Shareholding Pattern

          • QOQ Change

          • Total Shareholdings

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            Showing Acknit Ind Shareholding as on 31 Mar 2024
            Category31 Mar 202431 Dec 202330 Sep 202330 Jun 2023
            Promoters50.3450.3450.3450.34
            Pledge0.0026.1426.1426.14
            FII0.000.000.340.44
            DII0.000.000.000.00
            Mutual Funds0.000.000.000.00
            Others49.6649.6649.3149.22
          • Showing Shareholding as on 31 Mar 2024
            CategoryNo. of SharesPercentage% Change QoQ
            Promoters15,30,43750.34 %0.00
            Pledge00.00 %-26.14
            FII10,2100.34 %-0.09
            DII500.00 %0.00
            MF500.00 %0.00
            Others14,99,30349.66 %0.00

          MF Ownership

          MF Ownership details are not available.

          Top Searches:

          Acknit Ind News Acknit Ind Quarterly Results Acknit Ind Dividend Acknit Ind Q1 ResultsAcknit Ind Q2 ResultsAcknit Ind Q3 ResultsAcknit Ind Q4 Results

          Corporate Actions

          • Acknit Ind Board Meeting/AGM

          • Acknit Ind Dividends

          • Others
          • Meeting DateAnnounced onPurposeDetails
            May 22, 2024May 15, 2024Board MeetingAudited Results & Final Dividend
            Feb 12, 2024Feb 02, 2024Board MeetingQuarterly Results
            Nov 08, 2023Nov 01, 2023Board MeetingQuarterly Results
            Aug 11, 2023Aug 04, 2023Board MeetingQuarterly Results
            Jul 27, 2023Jun 26, 2023AGMRs.1.5000 per share(15%)Final Dividend & A.G.M.
          • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
            Final15%1.5Jul 20, 2023May 17, 2023
            Final15%1.5Sep 22, 2022May 30, 2022
            Final15%1.5Sep 16, 2021Jun 30, 2021
            Final15%1.5Sep 17, 2020Jun 29, 2020
            Final15%1.5-May 22, 2024

          • No other corporate actions details are available.

          About Acknit Ind

          Acknit Industries Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 95.14 Crore) operating in Apparels sector. Acknit Industries Ltd. key Products/Revenue Segments include Yarn Fabric, Export Incentives, Other Operating Revenue, Scrap for the year ending 31-Mar-2022. Show More

          • Executives

          • Auditors

          • SK

            Shri Krishan Saraf

            Managing Director
            AS

            Abhishek Saraf

            Whole Time Director
            DK

            Deo Kishan Saraf

            Whole Time Director
            RS

            Rashi Saraf

            Non Exe.Non Ind.Director
            Show More
          • S R B & Associates

          Industry

          Branded Hosiery/Knitwear

          Key Indices Listed on

          -

          Address

          Ecostation, Block - BP,Plot No. 7, Sector - V5th Floor, Suit No. 504,Kolkata, West Bengal - 700091

          Contact

          [email protected]

          http://www.acknitindia.com

          More Details

          FAQs about Acknit Ind share

          • 1. What is Acknit Ind share price and what are the returns for Acknit Ind share?
            Acknit Ind share price was Rs 307.90 as on 04 Jul, 2024, 03:41 PM IST. Acknit Ind share price was down by 1.58% based on previous share price of Rs 310.3. Acknit Ind share price trend:
            • Last 1 Month: Acknit Ind share price moved up by 2.63%
            • Last 3 Months: Acknit Ind share price moved up by 33.29%
            • Last 12 Months: Acknit Ind share price moved up 76.45%
            • Last 3 Years: Acknit Ind Share price moved up by 145.73%
          • 2. Who are the peers for Acknit Ind in Apparels sector?
            Top 10 Peers for Acknit Ind are Virat Industries Ltd., Vandana Knitwear Ltd., Addi Industries Ltd., Pioneer Embroideries Ltd., Suditi Industries Ltd., K-Lifestyle & Industries Ltd., Spenta International Ltd., Alan Scott Enterprises Ltd., York Exports Ltd. and Amit International Ltd.
          • 3. What is the PE & PB ratio of Acknit Ind?
            The PE ratio of Acknit Ind stands at 11.12, while the PB ratio is 1.21.
          • 4. What's the market capitalization of Acknit Ind?
            Within the Apparels sector, Acknit Ind stock has a market cap rank of 34. Acknit Ind has a market cap of Rs 93.60 Cr.
          • 5. What are the returns for Acknit Ind share?
            Return Performance of Acknit Ind Shares:
            • 1 Week: Acknit Ind share price moved down by 0.65%
            • 1 Month: Acknit Ind share price moved up by 2.63%
            • 3 Month: Acknit Ind share price moved up by 33.29%
            • 6 Month: Acknit Ind share price moved up by 13.55%
          • 6. What dividend is Acknit Ind giving?
            Acknit Industries Ltd. announced an equity dividend of 15% on a face value of 10.0 amounting to Rs 1.5 per share on 17 May 2023. The ex dividend date was 20 Jul 2023.
          • 7. What is Acknit Ind's 52 week high / low?
            In last 52 weeks Acknit Ind share had a high price of Rs 369.45 and low price of Rs 168.90
          • 8. What is the CAGR of Acknit Ind?
            The CAGR of Acknit Ind is 6.98.
          • 9. Who are the key owners of Acknit Ind stock?
            Promoter,DII and FII owns 50.34, 0.0 and 0.44 shares of Acknit Ind as on 31 Mar 2024
            • There is no change in promoter holding from 31 Dec 2023 to 31 Mar 2024
            • There is no change in Domestic Institutional Investors holding from 30 Jun 2023 to 31 Dec 2023
            • Foreign Institutional Investors holding have gone down from 0.44 (30 Jun 2023) to 0.34 (30 Sep 2023)
            • There is no change in Other investor holding from 31 Dec 2023 to 31 Mar 2024
          • 10. What are the Acknit Ind quarterly results?
            Total Revenue and Earning for Acknit Ind for the year ending 2024-03-31 was Rs 220.91 Cr and Rs 8.55 Cr on Standalone basis. Last Quarter 2024-03-31, Acknit Ind reported an income of Rs 68.49 Cr and profit of Rs 3.07 Cr.
          • 11. How can I quickly analyze Acknit Ind stock?
            Key Metrics for Acknit Ind are:
            • PE Ratio of Acknit Ind is 10.94
            • Price/Sales ratio of Acknit Ind is 0.31
            • Price to Book ratio of Acknit Ind is 1.21

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