Aksh Optifibre Ltd.
Snapshot View

10.10 -0.10 ▼-1.0%

05 August 2021, 04:00:00 P.M.
Volume: 109,894

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.akshoptifibre.com
Financial Indicators
Market Cap 165.95 Cr.
Earnings per share (EPS) -1.56 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 27.47 Trailing Twelve Months Ending 2021-03
Book Value / Share 6.34 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.61 Calculated using Price: 10.20
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 16.27 Cr. 162,697,971 Shares
FaceValue 5
Company Profile

Aksh Optifibre Limited, an ISO 9002 company certified by US-based Underwriters Laboratories Inc, was incorporated in the year 1986 as private limited company. It was converted into a public limited company on March 13, 1994.

The company is engaged in the production of a variety of cables such as:

  • SingleMode & MultiMode Cables
  • Duct Cables
  • Armoured & Aerial Cables, Indoor
  • Outdoor Cables
  • The company has also the facilities of producing ribbon Fibre Optic

Aksh Optifibre diversified into the manufacture of Optic Fibre Cables in September 1994, by setting up a plant amidst pastoral environment at Bhiwadi, Rajasthan that is at a distance of about 70 km from New Delhi. The project was set up with a state-of-the-art computerized machinery supplied by the Rosendahl (Austria), an affiliate of Alcatel under their guarantee for producing cables of highest quality with annual capacity of 6500 CKM. 

In order to protect itself from raw material shortages, Aksh, in 1995, set up a 150,000 fibre kilometre (fkm) facility for manufacture of optical fibres from quartz 'Preforms'. Nokia of Finland supplied the equipment. This was the first stage of backward integration for Aksh. With this set-up Aksh was among the first companies in India to set up its own fibre optic-manufacturing units.In 1999- 2000 it changed focus to exclusively manufacturing optic fibre and optic fibre cables and hived off the copper division and acquired CMI Ltd.'s Optic Fibre division, a move that enhanced its capacities from 33,222 ckm in '98-99 to 50,358 ckm.

Aksh has two plants at Bhiwadi and one at Jaitpura, Rajasthan manufacturing FRP rods, with capacity of I.2 lac. Aksh has also recently commissioned a fibre tower and has increased capacity of FRP manufacturing, from 1.2 lac to 3 lac km per annum, at Ringus. Both the plants at Bhiwadi are ISO-9002 certified by Underwriters Laboratories for manufacture of premises cable .

Currently Aksh has an in-house capacity to manufacture 150,000 fkm. This has been increased by 6,50,000 fkm by commissioning of the 1st tower under the old project.

Aksh raised Rs 358.10 million through a public issue in August 2000, to finance the expansion of optic fibre capacity from 150,000 fkm to 1.45 million fkm per annum; optic fibre cables from 50,358 ckm to 81,000 ckm; and for creating capacity to manufacture preforms for 1.08 million fkm per annum.

Milestone \ Achievements

  • 1986 : Incorporated as a Private Limited Company
  • 1994 : Converted into a Public Limited Company
  • 1994 : Diversified into the manufacture of Optic Fibre Cables (OFC) by setting up a plant at Bhiwadi (Plant-I). Annual capacity - 6500 Cable Kilometers (CKM).
  • 1995 : Integrated backwards into manufacture of Optical Fibre with Annual capacity of 150,000 Fibre Kilometres (FKM).
  • 1998 : ISO 9002 accreditation by United Laboratories (UL), USA.
  • 1999 : Turnover OFC manufacturing capacity to 33,000 CKM
  • 1999 : Took over the Optical Fibre Cable plant of CMI Ltd., Plant-II, Capacity increased to 50,000 CKM.
  • 2000 : Came out with an IPO and got listed on BSE, NSE and JSE.
  • 2000 : Merged Telecords (India) Private Limited manufacture of FRP rods with Plant at JaitPura (Plant-IV).
  • 2001 : Enhanced the production capacity of Fibre to 1.45 million FKM, by commissioning a dual Fibre Drawing Tower
  • 2001 : Started a plant for Fibre Reinforced Plastic (FRP) rods at Ringus (Plant-III) with capacity of 0.3 million KM.
  • 2002 : Increased capacity at Ringus plant to 0.8 million KMs
  • 2003 : Added capability to manufacture Ribbon cable and special access cable
  • 2009 : Aksh Optifibre Ltd Successful renewal of ISO 9001:2008 by Underwriters Laboratories Inc. (UL). - Aksh Optifibre Ltd Became member of FTTH council.
  • 2012 : Aksh Optifibre Ltd merger with Aksh Technologies Ltd.

Other developments

Recently Aksh has taken a step further for backward integration by merger with Telecords (I) Pvt. Ltd. for the manufacture of Fibre Reinforced Plastic (FRP) rods. AKSH produces variety of cables such as SingleMode & MultiMode Cables, Duct Cables, Armoured & Aerial Cables, Indoor & Outdoor Cables. The Company has also the facilities or producing ribbon Fibre Optic Cables.

Aksh has recently developed a new cost-effective concept called 'Fibre-to-Home', through which they expect to revolutionise the IT and telecom industry completely. It's a concept that would bring wireless Voice, Audio, Video and Internet direct to home.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.98%
1 Week
-8.10%
1 Month
-3.81%
3 Month
+59.56%
6 Month
+44.49%
1 Year
+102.81%
2 Year
+12.85%
5 Year
-34.42%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 6.23 7.51 6.06 6.85 6.21 2.15 4.40 2.21 -115.84
Return on Capital Employed (%) 5.80 6.29 5.83 7.02 7.92 5.54 7.61 7.63 -55.89
Return on Assets (%) 3.84 4.78 3.84 4.12 3.87 1.36 2.47 1.11 -45.15

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 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.
Shh. Funds 347 384 375 409 460 462 484 493 127
Non Curr. Liab. 2 2 92 86 50 30 101 142 142
Curr. Liab. 182 162 114 155 163 257 353 368 320
Minority Int. 0 0 0 0 0
Equity & Liab. 531 548 581 649 673 750 938 1,003 589
Non Curr. Assets 292 269 289 286 288 327 438 502 371
Curr. Assets 239 279 292 363 385 423 500 501 218
Misc. Exp. not W/O
Total Assets 531 548 581 649 673 750 938 1,003 589

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 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.
Net Sales 273 257 239 356 449 489 618 530 300
Other Income 1 3 2 4 3 5 3 2 2
Total Income 275 259 241 360 452 494 621 532 303
Total Expenditure -243 -219 -204 -307 -380 -440 -545 -446 -294
PBIDT 32 40 37 53 72 54 76 86 9
Interest -5 -4 -7 -11 -15 -15 -19 -32 -31
Depreciation -13 -17 -15 -17 -21 -22 -24 -30 -25
Taxation -1 -1 -4 -9 -12 -17 7
Exceptional Items 8 6 7 1 -7 0 -1 4 -319
PAT 20 26 22 25 26 10 21 11 -359

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 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.
Cash Fr. Operatn. 79 -6 4 29 39 83 27 88 119
Cash Fr. Inv. -1 15 -16 -25 -13 -64 -124 -94 -44
Cash Fr. Finan. -78 -8 11 0 -27 -20 102 2 -72
Net Change 0 1 -1 4 -1 0 4 -4 4
Cash & Cash Eqvt 1 2 1 4 3 2 6 2 6

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 27.95 27.95 27.95 27.95 27.95 27.95 27.95 27.95 27.95
Public 72.05 72.05 72.05 72.05 72.05 72.05 72.05 72.05 72.05
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 38.95 38.95

Announcements View Details

Mon, 02 Aug 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication
Wed, 21 Jul 2021
Board Meeting Intimation for Board Meeting Intimation
AKSH OPTIFIBRE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2021 inter alia to consider and approve Board Meeting Intimation
Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Aksh Optifibre Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Wed, 04 Aug 2021
Close Crossing Last Week Low Close Crossing Last Week Low
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
S Close Below Last Week Low
CCI Crossed Below -100 CCI Crossed Below -100

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