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AKSHAR SPINTEX LTDAA

AKSHAR SPINTEX LTD

0.50INRR
−0.01−1.96%
At close at Mar 28, 10:18 GMT
INR
No trades
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Overview
Financials
News Discussions Technicals Seasonals

AKSHAR fundamentals

Key facts

Market capitalization‪393.73 M‬INR
Dividend yield (indicated)—
Price to earnings Ratio (TTM)—
Basic EPS (TTM)−0.05INR
Founded2013
Employees (FY)190
CEO—
Websiteaksharspintex.in
About

Akshar Spintex Ltd. is engaged in the business of manufacturing and trading of spun cotton yarn. Its products include carded yarn, semi combed yarn, combed yarn, blended yarn, organic yarn, Eli twist yarn, TFO doubling yarn, mélange yarn, and fancy yarn. The company was founded on June 19, 2013 and is headquartered in Rajkot, India.

Ownership
‪‪787.47 M‬‬
Closely held shares
‪‪579.92 M‬‬ (73.64%)
Free Float shares
‪‪207.55 M‬‬ (26.36%)
Closely held shares
‪‪579.92 M‬‬ (73.64%)
Free Float shares
‪‪207.55 M‬‬ (26.36%)
Capital structure
Market cap
‪‪393.73 M‬‬
Enterprise value
‪‪393.73 M‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪393.73 M‬‬
Price to earning ratio (P/E)
—
Price to sales ratio (P/S)
0.30x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
—
Price to sales ratio (P/S)
0.30x
Valuation ratios
‪0.00‬
‪0.17‬
‪0.34‬
‪0.51‬
‪0.68‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪7.00‬
‪14.00‬
‪21.00‬
‪28.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−9%‬
‪−6%‬
‪−3%‬
‪0%‬
‪3%‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−170.00 M‬‬
‪0.00‬
‪‪170.00 M‬‬
‪‪340.00 M‬‬
‪‪510.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪‪−90.00 M‬‬
‪0.00‬
‪‪90.00 M‬‬
‪‪180.00 M‬‬
‪‪270.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪‪−90.00 M‬‬
‪0.00‬
‪‪90.00 M‬‬
‪‪180.00 M‬‬
‪‪270.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Spinning of Cotton Yarn
By country
Period: 2023
India

Dividends

Dividend yield, history and sustainability

Dividend summary
0.00%
Payout ratio (TTM)
Dividend yield TTM
1.10%
Last payment
0.01
Last ex-date
Jan 4, 2024
Dividend history
‪0.0%‬
‪0.1%‬
‪0.2%‬
‪0.3%‬
‪0.4%‬
2019
2020
2021
2022
2023
‪0.00‬
‪0.00‬
‪0.00‬
‪0.00‬
‪0.01‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪‪50.00 M‬‬
‪‪100.00 M‬‬
‪‪150.00 M‬‬
‪‪200.00 M‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
Assets
Liabilities