Acknit Industries Share Price

  • 300.85-4.85 (-1.58%)
  • Volume: 202
BSE
  • Closed
  • Last Updated On: 29 Aug, 2024, 03:46 PM IST
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Acknit Industries Share...

  • 300.85-4.85 (-1.58%)
  • Volume: 202
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Acknit Ind share price insights

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

  • Stock gave a 3 year return of 192.91% as compared to Nifty Smallcap 100 which gave a return of 92.43%. (as of last trading session)

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

  • Acknit Industries Ltd. share price moved down by -1.58% from its previous close of Rs 305.70. Acknit Industries Ltd. stock last traded price is 300.85

    Share PriceValue
    Today/Current/Last-300.85
    Previous Day-305.70

InsightsAcknit Ind

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    Key Metrics

    PE Ratio
    (x)
    10.19
    EPS - TTM
    (₹)
    29.53
    MCap
    (₹ Cr.)
    91.46
    Sectoral MCap Rank
    34
    PB Ratio
    (x)
    1.21
    Div Yield
    (%)
    0.50
    Face Value
    (₹)
    10.00
    Beta

    Beta

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

    0.36
    VWAP
    (₹)
    302.12
    52W H/L
    (₹)
    369.45 / 198.00

    Acknit Ind Share Price Returns

    1 Day-1.58%
    1 Week-2.18%
    1 Month-2.72%
    3 Months0.13%
    1 Year39.54%
    3 Years180.64%
    5 Years465.51%

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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

      • Topline Contraction

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

        Company has spent 1.08% of its operating revenues towards interest expenses and 3.44% towards employee cost in the year ending Mar 31, 2024. (Source: Standalone Financials)
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income57.3068.4946.3656.0749.98
      Total Income Growth (%)-16.3347.71-17.3112.18-5.74
      Total Expenses53.8863.7343.1652.8947.28
      Total Expenses Growth (%)-15.4547.65-18.4011.88-4.16
      EBIT3.424.763.203.182.70
      EBIT Growth (%)-28.1448.510.9217.45-26.83
      Profit after Tax (PAT)1.983.072.001.921.56
      PAT Growth (%)-35.4553.764.2123.14-30.92
      EBIT Margin (%)5.976.956.915.665.41
      Net Profit Margin (%)3.464.494.313.423.12
      Basic EPS (₹)6.5310.116.586.315.13
      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

      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 Liabilities2.242.182.214.684.27

      All figures in Rs Cr, unless mentioned otherwise

      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

      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
      • Topline Contraction

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

      • Employee & Interest Expense

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

    • Insights

      • Stock Returns vs Nifty Smallcap 100

        Stock gave a 3 year return of 192.91% as compared to Nifty Smallcap 100 which gave a return of 92.43%. (as of last trading session)
      • 1D
      • 1W
      • 1M
      • 3M
      • 6M
      • 1Y
      • 5Y
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    • Insights

      • Stock Returns vs Nifty Smallcap 100

        Stock gave a 3 year return of 192.91% as compared to Nifty Smallcap 100 which gave a return of 92.43%. (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 Ind10.191.1610.8517.025.498.546.273.8728.131.530.74-6.86
      Pioneer Embroid50.991.012.625.901.1214.144.021.051.311.290.759.21
      Virat Ind168.692.942.964.112.4118.023.362.341.545.270.020.12
      Vandana Knit488.884.660.771.380.71211.524.542.380.0155.170.07-1.02
      Addi Industries11.230.686.038.165.97139.810.000.004.32250.770.000.00
      Add More
      Annual Ratios (%)

      Choose from Peers

      • New Light Apparels
      • Suditi Ind
      • K-Lifestyle Ind
      • Alan Scott Ind
      • Spenta Intnl

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      Peers InsightsAcknit Ind

      • Stock Returns vs Nifty Smallcap 100

        Stock gave a 3 year return of 192.91% as compared to Nifty Smallcap 100 which gave a return of 92.43%. (as of last trading session)

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      Acknit Ind Shareholding Pattern

      • QOQ Change

      • Total Shareholdings

      • Loading...
        Showing Acknit Ind Shareholding as on 30 Jun 2024
        Category30 Jun 202431 Mar 202431 Dec 202330 Sep 2023
        Promoters50.3450.3450.3450.34
        Pledge0.000.0026.1426.14
        FII0.000.000.000.34
        DII0.000.000.000.00
        Mutual Funds0.000.000.000.00
        Others49.6649.6649.6649.31
      • Showing Shareholding as on 30 Jun 2024
        CategoryNo. of SharesPercentage% Change QoQ
        Promoters15,30,43750.34 %0.00
        Pledge00.00 %0.00
        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.

      Corporate Actions

      • Acknit Ind Board Meeting/AGM

      • Acknit Ind Dividends

      • Others
      • Meeting DateAnnounced onPurposeDetails
        Aug 09, 2024Aug 02, 2024Board MeetingQuarterly Results
        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
      • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
        Final15%1.5Sep 11, 2024May 22, 2024
        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
      • 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 91.46 Crore) operating in Apparels sector. Acknit Industries Ltd. key Products/Revenue Segments include Hand Gloves, Readymade Garments, Others, Export Incentives, Yarn Fabric, Other Operating Revenue, Scrap for the year ending 31-Mar-2024. 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

      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 300.85 as on 29 Aug, 2024, 03:46 PM IST. Acknit Ind share price was down by 1.58% based on previous share price of Rs 306.15. Acknit Ind share price trend:
        • Last 3 Months: Acknit Ind share price moved up by 0.13%
        • Last 12 Months: Acknit Ind share price moved up 39.54%
        • Last 3 Years: Acknit Ind Share price moved up by 180.64%
      • 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., New Light Apparels Ltd., Spenta International Ltd., Alan Scott Enterprises Ltd. and York Exports Ltd.
      • 3. What is the PE & PB ratio of Acknit Ind?
        The PE ratio of Acknit Ind stands at 10.63, 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 91.46 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 2.18%
        • 3 Month: Acknit Ind share price moved up by 0.13%
        • 6 Month: Acknit Ind share price moved up by 14.39%
      • 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 22 May 2024. The ex dividend date is 11 Sep 2024.
      • 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 198.00
      • 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 30 Jun 2024
        • There is no change in promoter holding from 31 Mar 2024 to 30 Jun 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 Mar 2024 to 30 Jun 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 2024-06-30, Acknit Ind reported an income of Rs 57.30 Cr and profit of Rs 1.98 Cr.
      • 11. How can I quickly analyze Acknit Ind stock?
        Key Metrics for Acknit Ind are:
        • PE Ratio of Acknit Ind is 10.19
        • Price/Sales ratio of Acknit Ind is 0.31
        • Price to Book ratio of Acknit Ind is 1.21

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