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Acknit Industries BSE:530043 Stock Report

Last Price

₹306.75

Market Cap

₹932.5m

7D

-12.0%

1Y

14.2%

Updated

24 Dec, 2024

Data

Company Financials

Acknit Industries Limited

BSE:530043 Stock Report

Market Cap: ₹932.5m

My Notes

Capture your thoughts, links and company narrative

Acknit Industries Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Acknit Industries
Historical stock prices
Current Share Price₹306.75
52 Week High₹405.90
52 Week Low₹210.00
Beta0.45
1 Month Change9.81%
3 Month Change-4.87%
1 Year Change14.18%
3 Year Change157.23%
5 Year Change403.28%
Change since IPO661.17%

Recent News & Updates

Recent updates

Shareholder Returns

530043IN LuxuryIN Market
7D-12.0%-3.6%-4.2%
1Y14.2%12.0%19.4%

Return vs Industry: 530043 exceeded the Indian Luxury industry which returned 12% over the past year.

Return vs Market: 530043 underperformed the Indian Market which returned 19.4% over the past year.

Price Volatility

Is 530043's price volatile compared to industry and market?
530043 volatility
530043 Average Weekly Movement8.8%
Luxury Industry Average Movement6.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 530043's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: 530043's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1990191Shri Sarafwww.acknitindia.com

Acknit Industries Limited manufactures, produces, and sells garments, gloves, and readymade garments in India. It operates through four segments: Industrial Hand Gloves, Garments, Power Generation, and Other & Traded Items. The company offers aramid, arm, cut and sewn coated, cut protection, cut resistant coated and leather, heat resistant, impact protection, knitted, latex foam, latex sandy, latex wrinkle, leather driver, leather palm, leather welder, nitrile coated, nitrile foam, nitrite sandy, nitrile touch screen, PU coated, and thermal cold protection hand gloves; ear muffs; and safety shoes.

Acknit Industries Limited Fundamentals Summary

How do Acknit Industries's earnings and revenue compare to its market cap?
530043 fundamental statistics
Market cap₹932.52m
Earnings (TTM)₹91.36m
Revenue (TTM)₹2.34b

10.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
530043 income statement (TTM)
Revenue₹2.34b
Cost of Revenue₹1.41b
Gross Profit₹930.48m
Other Expenses₹839.11m
Earnings₹91.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)30.05
Gross Margin39.70%
Net Profit Margin3.90%
Debt/Equity Ratio52.5%

How did 530043 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

5%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 19:58
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Acknit Industries Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research