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Acknit Indus.

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE326C01017
  • NSEID:
  • BSEID: 530043
INR
224.00
0.00 (0.00%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 72

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

224.00235.00

52 Week

210.20405.90
Valuation
Technical
Day's Volume

CASH

72 (-78.31%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

50.34%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a 13.08% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.69 times
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 68 Cr (Micro Cap)

stock-summary
P/E

8.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.67%

stock-summary
Debt Equity

0.52

stock-summary
Return on Equity

10.80%

stock-summary
Price to Book

0.83

Revenue and Profits (1 Year):
Net Sales:
55 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.67%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-28.23%
0%
-28.23%
1 Year
-13.73%
0.57%
-13.16%
2 Years
50.34%
2.12%
52.46%
3 Years
45.08%
3.00%
48.08%
4 Years
145.75%
5.71%
151.46%
5 Years
334.95%
14.90%
349.85%

Latest dividend: 1.5 per share ex-dividend date: Sep-11-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
6.59%
EBIT Growth (5y)
13.08%
EBIT to Interest (avg)
4.60
Debt to EBITDA (avg)
3.60
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.88
Tax Ratio
26.00%
Dividend Payout Ratio
5.33%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.34%
ROE (avg)
11.43%
Valuation key factors
Factor
Value
P/E Ratio
8
Industry P/E
18
Price to Book Value
0.83
EV to EBIT
7.65
EV to EBITDA
6.23
EV to Capital Employed
0.89
EV to Sales
0.46
PEG Ratio
0.51
Dividend Yield
0.67%
ROCE (Latest)
11.81%
ROE (Latest)
10.80%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Shri Krishan Saraf (14.27%)

Highest Public shareholder

Pbs Investments Private Ltd. (4.93%)

Individual Investors Holdings

24.78%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 19.32% vs -3.28% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -11.50% vs -13.04% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "55.28",
          "val2": "46.33",
          "chgp": "19.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.69",
          "val2": "4.01",
          "chgp": "-7.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.64",
          "val2": "0.53",
          "chgp": "20.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.77",
          "val2": "2.00",
          "chgp": "-11.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.68%",
          "val2": "8.66%",
          "chgp": "-1.98%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 12.98% vs -23.05% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 16.67% vs -21.97% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "119.62",
          "val2": "105.88",
          "chgp": "12.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "8.56",
          "val2": "7.37",
          "chgp": "16.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.34",
          "val2": "1.24",
          "chgp": "8.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.06",
          "val2": "3.48",
          "chgp": "16.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.16%",
          "val2": "6.96%",
          "chgp": "0.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 14.91% vs -17.94% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 6.39% vs -18.93% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "174.90",
          "val2": "152.21",
          "chgp": "14.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.25",
          "val2": "11.38",
          "chgp": "7.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.98",
          "val2": "1.77",
          "chgp": "11.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.83",
          "val2": "5.48",
          "chgp": "6.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.00%",
          "val2": "7.48%",
          "chgp": "-0.48%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -7.47% vs 10.58% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -5.21% vs 13.60% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "220.66",
          "val2": "238.47",
          "chgp": "-7.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "16.89",
          "val2": "18.19",
          "chgp": "-7.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.38",
          "val2": "2.80",
          "chgp": "-15.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "8.55",
          "val2": "9.02",
          "chgp": "-5.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.65%",
          "val2": "7.63%",
          "chgp": "0.02%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
55.28
46.33
19.32%
Operating Profit (PBDIT) excl Other Income
3.69
4.01
-7.98%
Interest
0.64
0.53
20.75%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.77
2.00
-11.50%
Operating Profit Margin (Excl OI)
6.68%
8.66%
-1.98%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 19.32% vs -3.28% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -11.50% vs -13.04% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
119.62
105.88
12.98%
Operating Profit (PBDIT) excl Other Income
8.56
7.37
16.15%
Interest
1.34
1.24
8.06%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.06
3.48
16.67%
Operating Profit Margin (Excl OI)
7.16%
6.96%
0.20%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 12.98% vs -23.05% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 16.67% vs -21.97% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
174.90
152.21
14.91%
Operating Profit (PBDIT) excl Other Income
12.25
11.38
7.64%
Interest
1.98
1.77
11.86%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.83
5.48
6.39%
Operating Profit Margin (Excl OI)
7.00%
7.48%
-0.48%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 14.91% vs -17.94% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 6.39% vs -18.93% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
220.66
238.47
-7.47%
Operating Profit (PBDIT) excl Other Income
16.89
18.19
-7.15%
Interest
2.38
2.80
-15.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
8.55
9.02
-5.21%
Operating Profit Margin (Excl OI)
7.65%
7.63%
0.02%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -7.47% vs 10.58% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -5.21% vs 13.60% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Acknit Industries Ltd stock-summary
stock-summary
Acknit Industries Ltd
Micro Cap
Textile
Acknit Industries Limited formerly known as Acknit Knitting Limited, incorporated in 1990, is an ISO 9001 - 2008 Public Limited Company, In a span of twenty of twenty three years of operations, the Company has been engaged in the manufacturing and exporting of seamless hand gloves. Acknit has diversified its product range into divisions, namely seamless gloves division, leather division and other leather products division and industrial garments division.
Company Coordinates stock-summary
Company Details
817 Krishna, 224 A J C Bose Road Kolkata West Bengal : 700017
stock-summary
Tel: 91-33-22878293
stock-summary
http://www.acknitindia.com
stock-summary
calcutta@acknitindia.com
Registrar Details
SK Computers, 34/1A, Sudhir Chatterjee Street, Kolkata West Bengal , 34/1A, Sudhir Chatterjee Street, Kolkata
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