Akshar Spintex Ltd.

2.21 -0.11 ▼-4.7%

28 March 2024, 04:01:00 PM
Volume: 2,871,840

Company Profile

Sector Textile Sector Icon Textile Compare with Sector peers
Industry Textile Industry Icon Textile Compare with Industry peers
Website http://www.aksharspintex.in
Market Cap 66.30 Cr.
Enterprise Value(EV) 83.57 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 0.20 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 11.17 Trailing Twelve Months Ending 2023-12
Industry PE 39.89 Trailing Twelve Months Ending 2023-12
Book Value / Share 1.61 Trailing Twelve Months Ending 2023-12
Price to Book Value 1.37 Calculated using Price: 2.21
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 30.00 Cr. 299,988,000 Shares
FaceValue 1
About Akshar Spintex Ltd.
Akshar Spintex Limited is engaged in the manufacturing of cotton yarn. The company manufactures 100% cotton yarn which includes combed, semi-combed and carded yarn. The company's activities include manufacturing, marketing of raw cotton, cotton bales, cotton seeds, yard and by-products. Plant is located in vicinity of main raw material i.e. sankar cotton.

Akshar Spintex Ltd. Delivery

Delivered Qty
Traded Qty

Akshar Spintex Ltd. Performance

1 Day
-4.74%
1 Week
-19.64%
1 Month
-38.44%
3 Month
-45.02%
6 Month
-59.07%
1 Year
-55.26%
2 Year
-48.36%
5 Year
+21.43%
10 Year

Akshar Spintex 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 (%) -8.24 1.07 10.46 28.28 5.96 -15.13 3.49 17.67 -6.59
Return on Capital Employed (%) 6.5 12.9 7.79 14.91 8.93 -2.09 3.77 18.8 -3.67
Return on Assets (%) -1.79 0.32 3.5 11.13 2.75 -7.22 1.68 8.45 -3.27

Akshar Spintex 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 19 23 26 35 41 35 36 43 41 43
Non Curr. Liab. 36 38 32 26 23 17 16 13 8 7
Curr. Liab. 14 11 17 18 20 22 21 37 27 25
Minority Int.
Equity & Liab. 70 72 75 79 85 74 73 93 76 75
Non Curr. Assets 54 58 57 54 55 51 48 44 40 39
Curr. Assets 16 14 18 25 29 23 25 49 36 36
Misc. Exp. not W/O 0 0
Total Assets 70 72 75 79 85 74 73 93 76 75

Akshar Spintex 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 18 64 86 93 101 109 110 172 136 164
Other Income 0 0 0 6 4 2 1 3 2 3
Total Income 18 64 86 100 105 111 112 176 138 167
Total Expenditure -14 -52 -77 -85 -95 -108 -105 -159 -136 -156
PBIDT 4 12 9 14 10 3 6 16 2 11
Interest -3 -6 -3 -2 -3 -3 -3 -3 -2 -1
Depreciation -1 -4 -4 -4 -4 -4 -4 -4 -4 -4
Taxation -1 -2 0 1 -2 -1 1 -3 1 1
Exceptional Items 0
PAT -1 0 3 9 2 -6 1 7 -3 6
Adjusted EPS 0 0 0 0 0 0 0 0 0 0

Akshar Spintex 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. -8 10 12 6 7 9 8 6 3 10
Cash Fr. Inv. -13 -44 -8 -1 0 -5 0 -1 -1 0
Cash Fr. Finan. 24 35 -5 -5 -7 -3 -8 -6 -2 -10
Net Change 2 1 -2 0 0 0 0 0 0 0
Cash & Cash Eqvt 2 3 1 0 0 0 0 0 0 0

Akshar Spintex Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 49.19 50.49 50.60 50.62 43.75 43.75 43.75 43.75 37.57
Public 50.81 49.51 49.40 49.38 56.25 56.25 56.25 56.25 62.43
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 0.00 0.00

Akshar Spintex Ltd. Announcements

Fri, 29 Mar 2024
Closure of Trading Window
Closure of Trading window for Quarter ended half year ended & year ended on 31st march 2024
Thu, 21 Mar 2024
Revised Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Sonal Prakashkumar Sorthia
Mon, 11 Mar 2024
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Amit Vallabhbhai Gadhiya

Akshar Spintex Ltd. Technical Scans

Thu, 28 Mar 2024
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing 52 Week Low Close Crossing 52 Week Low
Closing Below Previous Low Closing Below Previous Low

Akshar Spintex Ltd. Related Stocks

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Page Industries Ltd. Standalone 2023-12 71.20 34,427.95 0.0%
K.P.R. Mill Ltd. Consolidated 2023-12 35.52 830.00 -0.1%
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Trident Ltd. Consolidated 2023-12 44.06 36.54 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-12 40.32 15,101.00 -0.1%
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Page Industries Ltd. Standalone 2023-12 22.83 34,427.95 0.0%
K.P.R. Mill Ltd. Consolidated 2023-12 6.73 830.00 -0.1%
Vedant Fashions Ltd. Consolidated 2023-12 15.16 929.90 -0.9%
Swan Energy Ltd. Consolidated 2023-12 3.47 667.10 +0.4%
Trident Ltd. Consolidated 2023-12 4.37 36.54 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-12 6.15 15,101.00 -0.1%
Welspun Living Ltd. Consolidated 2023-12 3.06 137.65 +0.2%
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Page Industries Ltd. Standalone 2023-03 0.18 34,427.95 0.0%
K.P.R. Mill Ltd. Consolidated 2023-03 0.36 830.00 -0.1%
Vedant Fashions Ltd. Consolidated 2023-03 0.00 929.90 -0.9%
Swan Energy Ltd. Consolidated 2023-03 2.20 667.10 +0.4%
Trident Ltd. Consolidated 2023-03 0.33 36.54 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-03 0.00 15,101.00 -0.1%
Welspun Living Ltd. Consolidated 2023-03 0.58 137.65 +0.2%
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Page Industries Ltd. Standalone 2023-03 46.45 34,427.95 0.0%
K.P.R. Mill Ltd. Consolidated 2023-03 23.62 830.00 -0.1%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 929.90 -0.9%
Swan Energy Ltd. Consolidated 2023-03 -3.49 667.10 +0.4%
Trident Ltd. Consolidated 2023-03 10.99 36.54 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 15,101.00 -0.1%
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K.P.R. Mill Ltd. Consolidated 2023-03 23.62 830.00 -0.1%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 929.90 -0.9%
Swan Energy Ltd. Consolidated 2023-03 -3.49 667.10 +0.4%
Trident Ltd. Consolidated 2023-03 10.99 36.54 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 15,101.00 -0.1%
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Trident Ltd. Consolidated 2023-03 6,332.26 36.54 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-03 4,719.15 15,101.00 -0.1%
Welspun Living Ltd. Consolidated 2023-03 8,093.76 137.65 +0.2%
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K.P.R. Mill Ltd. Consolidated 2023-03 814.10 830.00 -0.1%
Vedant Fashions Ltd. Consolidated 2023-03 429.11 929.90 -0.9%
Swan Energy Ltd. Consolidated 2023-03 -61.05 667.10 +0.4%
Trident Ltd. Consolidated 2023-03 441.61 36.54 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-03 384.02 15,101.00 -0.1%
Welspun Living Ltd. Consolidated 2023-03 202.51 137.65 +0.2%

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