Acknit Industries Ltd.

155.20 -0.15 ▼-0.1%

26 May 2023, 04:00:00 PM
Volume: 3,254

Company Profile

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.acknitindia.com
Market Cap 47.23 Cr.
Enterprise Value(EV) 89.43 Cr. 2023-03
Financial Indicators
Earnings per share (EPS) 29.67 Trailing Twelve Months Ending 2023-03
Price-Earning Ratio (PE) 5.24 Trailing Twelve Months Ending 2023-03
Industry PE 40.32 Trailing Twelve Months Ending 2023-03
Book Value / Share 231.56 Trailing Twelve Months Ending 2023-03
Price to Book Value 0.67 Calculated using Price: 155.35
Dividend Yield 0.97 Period Ending 2022-03
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
-0.10%
1 Week
-2.33%
1 Month
+9.30%
3 Month
+8.53%
6 Month
-2.91%
1 Year
+2.11%
2 Year
+42.45%
5 Year
+71.11%
10 Year
+508.63%

Acknit Industries Ltd. Fundamental Ratios

9 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03
Return on Equity (%) 10.53 11.73 10.77 10.03 7.87 10.85 9.32 11.36 13.69
Return on Capital Employed (%) 9.68 10.91 11.24 10.95 10.43 11.33 10.54 11.61 12.45
Return on Assets (%) 2.78 3.03 2.94 2.88 2.54 3.86 3.59 4.92 5.98

Acknit Industries Ltd. Balance Sheet

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.
Shh. Funds 25 27 30 34 41 45 49 54 62 70
Non Curr. Liab. 12 9 12 11 13 11 9 8 6 3
Curr. Liab. 62 64 64 71 64 68 61 56 79 60
Minority Int.
Equity & Liab. 99 100 106 116 118 124 119 119 147 133
Non Curr. Assets 25 25 28 27 29 30 36 37 41 40
Curr. Assets 74 75 78 88 89 95 84 82 106 93
Misc. Exp. not W/O
Total Assets 99 100 106 116 118 124 119 119 147 133

Acknit Industries Ltd. Profit and Loss

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. TTM
Net Sales 134 149 161 159 161 172 170 172 216 239
Other Income 0 4 1 3 4 5 1 1 1 0
Total Income 135 153 161 162 165 177 171 172 217 239
Total Expenditure -127 -143 -150 -150 -153 -164 -158 -158 -200 -221
PBIDT 8 10 11 12 12 14 13 14 17 18
Interest -2 -4 -5 -5 -6 -5 -5 -3 -3 -3
Depreciation -2 -1 -2 -2 -2 -2 -2 -3 -3 -3
Taxation -1 -1 -2 -2 -1 -1 -1 -2 -3 -3
Exceptional Items
PAT 2 3 3 3 3 5 4 6 8 9
Adjusted EPS 10 12 12 13 10 15 14 19 26 30

Acknit Industries Ltd. Cash Flow

Particulars 10 years 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. 2021-03 Rs. Cr. 2022-03 Rs. Cr.
Cash Fr. Operatn. 1 -2 1 4 7 5 3 24 9 -8
Cash Fr. Inv. -3 -1 -5 -4 -2 -4 -2 -8 -3 -6
Cash Fr. Finan. 2 4 5 -2 -5 -2 -2 -16 -6 14
Net Change 0 1 0 -2 1 -1 0 0 0 0
Cash & Cash Eqvt 1 2 2 0 1 1 1 1 0 0

Acknit Industries Ltd. Shareholding Pattern

9 Qtrs 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%)
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 26.14

Acknit Industries Ltd. Announcements

Wed, 17 May 2023
Financial Results For The Quarter And Year Ended 31/03/2023
Financial Results for the quarter and year ended 31/03/2023 along with the Audit Report issued by M/s SRB & Associates Statutory Auditors of the Company is enclosed herewith.
Wed, 17 May 2023
Board Meeting Outcome for Outcome Of Board Meeting Held On 17Th May 2023
This is to inform pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 that the Board of Directors of the Company at its meeting held on today i.e. 17th May 2023 at 2:30 p.m. and concluded at 05.10 p.m. has inter-alia approved the following -1. On recommendation of the Nomination and Remuneration Committee the Board of Directors has re-appointed Mr. Jadav Lal Mukherjee (DIN:06421227) as a Non-Executive Independent Director of the Company w.e.f. 30th May 2023 for the second term of 3(three) consecutive years subject to the approval of the shareholders of the Company.2. Audited Standalone Financial Results for the fourth quarter and financial year ended 31st March 2023. 3. Recommended for payment of dividend of 15% (i.e. Rs.1.50 per equity share of Rs.10/- each fully paid-up) for the financial year ended 31st March 2023 subject to the approval of the shareholders at the ensuing Annual General Meeting.
Wed, 17 May 2023
Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that on recommendation of the Nomination and Remuneration Committee the Board of Directors of the Company at its meeting held on 17th May 2023 has re-appointed Mr. Jadav Lal Mukherjee (DIN:06421227) as a Non-Executive Independent Director of the Company w.e.f. 30th May 2023 for the second term of 3(three) consecutive years subject to the approval of the shareholders of the Company.

Acknit Industries Ltd. Technical Scans

Fri, 26 May 2023
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
Close Within 52 Week High Zone Close Within 52 Week High Zone
Close Above Last Month High Close Above Last Month High
High Increase in 1 Month High Increase in 1 Month

Acknit Industries Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 41,778.23 37,501.30 -8.8%
Vedant Fashions Ltd. 30,919.54 1,273.55 +1.5%
K.P.R. Mill Ltd. 19,669.69 575.10 +0.4%
Trident Ltd. 16,454.84 32.30 -0.8%
Lakshmi Machine Works Ltd. 12,390.46 11,604.35 +0.8%
Raymond Ltd. 10,430.44 1,566.75 -1.9%
Vardhman Textiles Ltd. 9,336.01 321.10 -1.6%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2023-03 73.14 37,501.30 -8.8%
Vedant Fashions Ltd. Consolidated 2023-03 72.06 1,273.55 +1.5%
K.P.R. Mill Ltd. Consolidated 2023-03 24.13 575.10 +0.4%
Trident Ltd. Consolidated 2023-03 37.33 32.30 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-03 32.27 11,604.35 +0.8%
Raymond Ltd. Consolidated 2023-03 19.72 1,566.75 -1.9%
Vardhman Textiles Ltd. Consolidated 2023-03 11.68 321.10 -1.6%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2023-03 30.47 37,501.30 -8.8%
Vedant Fashions Ltd. Consolidated 2023-03 22.09 1,273.55 +1.5%
K.P.R. Mill Ltd. Consolidated 2023-03 5.30 575.10 +0.4%
Trident Ltd. Consolidated 2023-03 3.92 32.30 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2023-03 5.30 11,604.35 +0.8%
Raymond Ltd. Consolidated 2023-03 3.60 1,566.75 -1.9%
Vardhman Textiles Ltd. Consolidated 2023-03 1.08 321.10 -1.6%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2022-03 0.00 37,501.30 -8.8%
Vedant Fashions Ltd. Consolidated 2022-03 0.00 1,273.55 +1.5%
K.P.R. Mill Ltd. Consolidated 2022-03 0.37 575.10 +0.4%
Trident Ltd. Consolidated 2022-03 0.41 32.30 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2022-03 0.00 11,604.35 +0.8%
Raymond Ltd. Consolidated 2022-03 0.88 1,566.75 -1.9%
Vardhman Textiles Ltd. Consolidated 2022-03 0.26 321.10 -1.6%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2022-03 54.37 37,501.30 -8.8%
Vedant Fashions Ltd. Consolidated 2022-03 29.07 1,273.55 +1.5%
K.P.R. Mill Ltd. Consolidated 2022-03 30.41 575.10 +0.4%
Trident Ltd. Consolidated 2022-03 23.25 32.30 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2022-03 9.60 11,604.35 +0.8%
Raymond Ltd. Consolidated 2022-03 12.19 1,566.75 -1.9%
Vardhman Textiles Ltd. Consolidated 2022-03 21.93 321.10 -1.6%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2022-03 54.37 37,501.30 -8.8%
Vedant Fashions Ltd. Consolidated 2022-03 29.07 1,273.55 +1.5%
K.P.R. Mill Ltd. Consolidated 2022-03 30.41 575.10 +0.4%
Trident Ltd. Consolidated 2022-03 23.25 32.30 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2022-03 9.60 11,604.35 +0.8%
Raymond Ltd. Consolidated 2022-03 12.19 1,566.75 -1.9%
Vardhman Textiles Ltd. Consolidated 2022-03 21.93 321.10 -1.6%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2022-03 4,020.58 37,501.30 -8.8%
Vedant Fashions Ltd. Consolidated 2022-03 1,040.84 1,273.55 +1.5%
K.P.R. Mill Ltd. Consolidated 2022-03 4,822.48 575.10 +0.4%
Trident Ltd. Consolidated 2022-03 6,997.66 32.30 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2022-03 3,170.95 11,604.35 +0.8%
Raymond Ltd. Consolidated 2022-03 6,178.51 1,566.75 -1.9%
Vardhman Textiles Ltd. Consolidated 2022-03 9,622.34 321.10 -1.6%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2022-03 536.53 37,501.30 -8.8%
Vedant Fashions Ltd. Consolidated 2022-03 314.91 1,273.55 +1.5%
K.P.R. Mill Ltd. Consolidated 2022-03 841.84 575.10 +0.4%
Trident Ltd. Consolidated 2022-03 833.75 32.30 -0.8%
Lakshmi Machine Works Ltd. Consolidated 2022-03 181.05 11,604.35 +0.8%
Raymond Ltd. Consolidated 2022-03 271.46 1,566.75 -1.9%
Vardhman Textiles Ltd. Consolidated 2022-03 1,551.23 321.10 -1.6%

Acknit Industries Ltd. FAQ's

What is Acknit Industries share price?

Can I buy Acknit Industries shares now?

What is the Dividend Yield of Acknit Industries?

What is the Market Cap of Acknit Industries?

What are the key metrics to analyse Acknit Industries?

What is the 52 Week High and Low of Acknit Industries?

What is the trend of Acknit Industries share price?