Acknit Industries Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹218.4
- Today's High:
- ₹228.1
- Open Price:
- ₹228.1
- 52W Low:
- ₹132.2259
- 52W High:
- ₹286.2
- Prev. Close:
- ₹229.85
- Volume:
- 2461
Company Statistics
- Market Cap.:
- ₹213.56 million
- Book Value:
- 165.451
- Revenue TTM:
- ₹1.58 billion
- Operating Margin TTM:
- 5.08%
- Gross Profit TTM:
- ₹797.71 million
- Profit Margin:
- 2.66%
- Return on Assets TTM:
- 4.17%
- Return on Equity TTM:
- 8.67%
Company Profile
Acknit Industries Limited had its IPO on under the ticker symbol 530043.
The company operates in the Other sector and Other industry. Acknit Industries Limited has a staff strength of 154 employees.
Stock update
Shares of Acknit Industries Limited opened at ₹228.1 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹218.4 - ₹228.1, and closed at ₹224.5.
This is a -2.33% slip from the previous day's closing price.
A total volume of 2,461 shares were traded at the close of the day’s session.
In the last one week, shares of Acknit Industries Limited have slipped by -1.49%.
Acknit Industries Limited's Key Ratios
Acknit Industries Limited has a market cap of ₹213.56 million, indicating a price to book ratio of 0.4238 and a price to sales ratio of 0.1286.
In the last 12-months Acknit Industries Limited’s revenue was ₹1.58 billion with a gross profit of ₹797.71 million and an EBITDA of ₹107.84 million. The EBITDA ratio measures Acknit Industries Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Acknit Industries Limited’s operating margin was 5.08% while its return on assets stood at 4.17% with a return of equity of 8.67%.
In Q3, Acknit Industries Limited’s quarterly earnings growth was a positive 5.6% while revenue growth was a negative 2.4%.
Acknit Industries Limited’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 5.0111
- PEG
Its diluted EPS in the last 12-months stands at ₹13.827 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Acknit Industries Limited’s profitability.
Acknit Industries Limited stock is trading at a EV to sales ratio of 0.4219 and a EV to EBITDA ratio of 5.667. Its price to sales ratio in the trailing 12-months stood at 0.1286.
Acknit Industries Limited stock pays annual dividends of ₹1.5 per share, indicating a yield of 2.21% and a payout ratio of 17.6%.
Balance sheet and cash flow metrics
- Total Assets
- ₹1.33 billion
- Total Liabilities
- ₹595.53 million
- Operating Cash Flow
- ₹-29861000.00
- Capital Expenditure
- ₹30.98 million
- Dividend Payout Ratio
- 17.6%
Acknit Industries Limited ended 2024 with ₹1.33 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹1.33 billion while shareholder equity stood at ₹703.94 million.
Acknit Industries Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹595.53 million in other current liabilities, 30400000.00 in common stock, ₹673.54 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹2.86 million and cash and short-term investments were ₹8.54 million. The company’s total short-term debt was ₹426,592,000 while long-term debt stood at ₹2.39 million.
Acknit Industries Limited’s total current assets stands at ₹926.76 million while long-term investments were ₹0 and short-term investments were ₹658000.00. Its net receivables were ₹284.33 million compared to accounts payable of ₹0 and inventory worth ₹568.02 million.
In 2024, Acknit Industries Limited's operating cash flow was ₹-29861000.00 while its capital expenditure stood at ₹30.98 million.
Comparatively, Acknit Industries Limited paid ₹0.18 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹224.5
- 52-Week High
- ₹286.2
- 52-Week Low
- ₹132.2259
- Analyst Target Price
- ₹
Acknit Industries Limited stock is currently trading at ₹224.5 per share. It touched a 52-week high of ₹286.2 and a 52-week low of ₹286.2. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹237.05 and 200-day moving average was ₹171.94 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 6787.9% of the company’s stock are held by insiders while 0% are held by institutions.
Frequently Asked Questions About Acknit Industries Limited
Similar Industry Stocks (Other)
Most Active
Top Gainers
Top Losers
About
Acknit Industries Limited manufactures and sells garments, gloves, and other apparels in India. It operates through four segments: Industrial hand gloves, Garments, Other & Traded Items, and Power generation. The company offers cut and sewn dipped, seamless dipped, cut level 3/5 protection, cut level 5 protection, knitted, Kevlar, Canadian, welder, driver, cut resistant, heat resistant, and Kevlar leather gloves. It also provides leather garments, including jackets, bib trousers, aprons, and arm and leg protectors; work wear comprising trousers, jackets, bib trousers, overalls, aprons, bib aprons, caps, vests, lab coats, chinos, shorts, polo shirts, T-shirts, and sweat shirts; and readymade garments. In addition, the company generates power through windmills. The company was formerly known as Acknit Knitting Limited. Acknit Industries Limited was incorporated in 1990 and is based in Kolkata, India.