Acknit Industries Ltd.

260.00 +3.00 ▲1.2%

25 April 2024, 01:06:00 PM
Volume: 3,210

Company Profile

Sector Textile Sector Icon Textile Compare with Sector peers
Industry Textile Industry Icon Textile Compare with Industry peers
Website https://www.acknitindia.com
Market Cap 79.92 Cr.
Enterprise Value(EV) 110.07 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 25.43 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 10.34 Trailing Twelve Months Ending 2023-12
Industry PE 41.54 Trailing Twelve Months Ending 2023-12
Book Value / Share 248.08 Trailing Twelve Months Ending 2023-12
Price to Book Value 1.06 Calculated using Price: 262.90
Dividend Yield 0.57 Period Ending 2023-03
No. of Shares Subscribed 0.30 Cr. 3,040,000 Shares
FaceValue 10
About Acknit Industries Ltd.
Acknit Knitting was incorporated in 1990 in India for manufacturing and export of seamless hand gloves to various countries in the world.

Acknit Industries Ltd. Delivery

Delivered Qty
Traded Qty

Acknit Industries Ltd. Performance

1 Day
+1.17%
1 Week
+1.96%
1 Month
+15.02%
3 Month
-9.01%
6 Month
+13.46%
1 Year
+80.56%
2 Year
+49.55%
5 Year
+179.72%
10 Year
+712.50%

Acknit Industries Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 11.73 10.77 10.03 7.87 10.85 9.32 11.36 13.69 13.65
Return on Capital Employed (%) 10.91 11.24 10.95 10.43 11.33 10.54 11.61 12.45 12.85
Return on Assets (%) 3.03 2.94 2.88 2.54 3.86 3.59 4.92 5.98 6.45

Acknit Industries Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 27 30 34 41 45 49 54 62 70 73
Non Curr. Liab. 9 12 11 13 11 9 8 6 3 3
Curr. Liab. 64 64 71 64 68 61 56 79 60 57
Minority Int.
Equity & Liab. 100 106 116 118 124 119 119 147 133 133
Non Curr. Assets 25 28 27 29 30 36 37 41 40 39
Curr. Assets 75 78 88 89 95 84 82 106 93 94
Misc. Exp. not W/O
Total Assets 100 106 116 118 124 119 119 147 133 133

Acknit Industries Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 149 161 159 161 172 170 172 216 238 205
Other Income 4 1 3 4 5 1 1 1 0 0
Total Income 153 161 162 165 177 171 172 217 239 205
Total Expenditure -143 -150 -150 -153 -164 -158 -158 -200 -220 -189
PBIDT 10 11 12 12 14 13 14 17 19 16
Interest -4 -5 -5 -6 -5 -5 -3 -3 -3 -2
Depreciation -1 -2 -2 -2 -2 -2 -3 -3 -3 -3
Taxation -1 -2 -2 -1 -1 -1 -2 -3 -3 -3
Exceptional Items
PAT 3 3 3 3 5 4 6 8 9 8
Adjusted EPS 12 12 13 10 15 14 19 26 30 25

Acknit Industries Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. -2 1 4 7 5 3 24 9 -8 25
Cash Fr. Inv. -1 -5 -4 -2 -4 -2 -8 -3 -6 -3
Cash Fr. Finan. 4 5 -2 -5 -2 -2 -16 -6 14 -22
Net Change 1 0 -2 1 -1 0 0 0 0 0
Cash & Cash Eqvt 2 2 0 1 1 1 1 0 0 0

Acknit Industries Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 50.34 50.34 50.34 50.34 50.34 50.34 50.34 50.34 50.34
Public 49.66 49.66 49.66 49.66 49.66 49.66 49.66 49.66 49.66
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 26.14 26.14 26.14 26.14 26.14 26.14 26.14 26.14 0.00
No. of Shareholders (in Lacs)

Acknit Industries Ltd. Announcements

Mon, 15 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyACKNIT INDUSTRIES LTD.
2CIN NO.L01113WB1990PLC050020
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.16
4Highest Credit Rating during the previous FY BBB
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Ravi Kumar Bahl
Designation: Company Secretary and Compliance Officer
EmailId: cs@acknitindia.com
Name of the Chief Financial Officer: Bishnu Kumar Kesan
Designation: Chief Financial Officer
EmailId: bkkesan@acknitindia.com

Date: 15/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Fri, 12 Apr 2024
Compliance Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations 2015
Compliance Certificate under Regulation 40(9) of SEBI (LODR) Regulations 2015 for the financial year ended 31st March 2024.
Mon, 08 Apr 2024
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Compliance Certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 31st March 2024 as received from S.K. Infosolutions Pvt. Ltd. the Registrar and Share Transfer Agent of the Company.

Acknit Industries Ltd. Technical Scans

Wed, 24 Apr 2024
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
High Increase in 1 Month High Increase in 1 Month
High Decrease in 3 Months High Decrease in 3 Months

Acknit Industries Ltd. Related Stocks

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Page Industries Ltd. 40,287.85 35,890.05 -1.1%
K.P.R. Mill Ltd. 30,214.65 879.60 -0.9%
Vedant Fashions Ltd. 22,731.40 931.75 -0.8%
Trident Ltd. 20,424.59 40.30 +1.0%
Swan Energy Ltd. 19,185.13 611.30 +0.2%
Lakshmi Machine Works Ltd. 17,877.68 16,754.50 +0.1%
Welspun Living Ltd. 15,383.73 160.20 +0.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2023-12 74.70 35,890.05 -1.1%
K.P.R. Mill Ltd. Consolidated 2023-12 37.71 879.60 -0.9%
Vedant Fashions Ltd. Consolidated 2023-12 55.82 931.75 -0.8%
Trident Ltd. Consolidated 2023-12 48.33 40.30 +1.0%
Swan Energy Ltd. Consolidated 2023-12 47.18 611.30 +0.2%
Lakshmi Machine Works Ltd. Consolidated 2023-12 44.50 16,754.50 +0.1%
Welspun Living Ltd. Consolidated 2023-12 23.29 160.20 +0.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2023-12 23.95 35,890.05 -1.1%
K.P.R. Mill Ltd. Consolidated 2023-12 7.14 879.60 -0.9%
Vedant Fashions Ltd. Consolidated 2023-12 15.28 931.75 -0.8%
Trident Ltd. Consolidated 2023-12 4.79 40.30 +1.0%
Swan Energy Ltd. Consolidated 2023-12 3.17 611.30 +0.2%
Lakshmi Machine Works Ltd. Consolidated 2023-12 6.79 16,754.50 +0.1%
Welspun Living Ltd. Consolidated 2023-12 3.52 160.20 +0.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2023-03 0.18 35,890.05 -1.1%
K.P.R. Mill Ltd. Consolidated 2023-03 0.36 879.60 -0.9%
Vedant Fashions Ltd. Consolidated 2023-03 0.00 931.75 -0.8%
Trident Ltd. Consolidated 2023-03 0.33 40.30 +1.0%
Swan Energy Ltd. Consolidated 2023-03 2.20 611.30 +0.2%
Lakshmi Machine Works Ltd. Consolidated 2023-03 0.00 16,754.50 +0.1%
Welspun Living Ltd. Consolidated 2023-03 0.58 160.20 +0.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2023-03 46.45 35,890.05 -1.1%
K.P.R. Mill Ltd. Consolidated 2023-03 23.62 879.60 -0.9%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 931.75 -0.8%
Trident Ltd. Consolidated 2023-03 10.99 40.30 +1.0%
Swan Energy Ltd. Consolidated 2023-03 -3.49 611.30 +0.2%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 16,754.50 +0.1%
Welspun Living Ltd. Consolidated 2023-03 5.03 160.20 +0.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2023-03 46.45 35,890.05 -1.1%
K.P.R. Mill Ltd. Consolidated 2023-03 23.62 879.60 -0.9%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 931.75 -0.8%
Trident Ltd. Consolidated 2023-03 10.99 40.30 +1.0%
Swan Energy Ltd. Consolidated 2023-03 -3.49 611.30 +0.2%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 16,754.50 +0.1%
Welspun Living Ltd. Consolidated 2023-03 5.03 160.20 +0.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2023-03 5,000.61 35,890.05 -1.1%
K.P.R. Mill Ltd. Consolidated 2023-03 6,185.88 879.60 -0.9%
Vedant Fashions Ltd. Consolidated 2023-03 1,354.93 931.75 -0.8%
Trident Ltd. Consolidated 2023-03 6,332.26 40.30 +1.0%
Swan Energy Ltd. Consolidated 2023-03 1,438.14 611.30 +0.2%
Lakshmi Machine Works Ltd. Consolidated 2023-03 4,719.15 16,754.50 +0.1%
Welspun Living Ltd. Consolidated 2023-03 8,093.76 160.20 +0.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2023-03 571.25 35,890.05 -1.1%
K.P.R. Mill Ltd. Consolidated 2023-03 814.10 879.60 -0.9%
Vedant Fashions Ltd. Consolidated 2023-03 429.11 931.75 -0.8%
Trident Ltd. Consolidated 2023-03 441.61 40.30 +1.0%
Swan Energy Ltd. Consolidated 2023-03 -61.05 611.30 +0.2%
Lakshmi Machine Works Ltd. Consolidated 2023-03 384.02 16,754.50 +0.1%
Welspun Living Ltd. Consolidated 2023-03 202.51 160.20 +0.5%

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