company background image
541303 logo

Akshar Spintex BSE:541303 Stock Report

Last Price

₹2.33

Market Cap

₹699.0m

7D

-4.9%

1Y

-58.9%

Updated

25 Apr, 2024

Data

Company Financials

Akshar Spintex Limited

BSE:541303 Stock Report

Market Cap: ₹699.0m

541303 Stock Overview

Akshar Spintex Limited engages in the spinning, manufacturing, and trading of spun cotton yarns primarily in India.

541303 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Akshar Spintex Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Akshar Spintex
Historical stock prices
Current Share Price₹2.33
52 Week High₹7.00
52 Week Low₹2.10
Beta0.82
1 Month Change-4.12%
3 Month Change-39.61%
1 Year Change-58.85%
3 Year Change182.42%
5 Year Change55.33%
Change since IPO-26.42%

Recent News & Updates

Recent updates

Shareholder Returns

541303IN LuxuryIN Market
7D-4.9%2.4%2.8%
1Y-58.9%29.0%46.6%

Return vs Industry: 541303 underperformed the Indian Luxury industry which returned 30.8% over the past year.

Return vs Market: 541303 underperformed the Indian Market which returned 46.4% over the past year.

Price Volatility

Is 541303's price volatile compared to industry and market?
541303 volatility
541303 Average Weekly Movement6.9%
Luxury Industry Average Movement6.8%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: 541303's share price has been volatile over the past 3 months.

Volatility Over Time: 541303's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013146Amit Gadhiyawww.aksharspintex.in

Akshar Spintex Limited engages in the spinning, manufacturing, and trading of spun cotton yarns primarily in India. It offers cotton, organic and BCI certified cotton, viscose, modal, and excel fibers; carded, semi combed, and combed cotton yarns; and slub, core spun, TFO, Eli twist, fancy, melange, blended, BCI certified, and organic yarns. The company was incorporated in 2013 and is based in Rajkot, India.

Akshar Spintex Limited Fundamentals Summary

How do Akshar Spintex's earnings and revenue compare to its market cap?
541303 fundamental statistics
Market cap₹698.97m
Earnings (TTM)₹59.37m
Revenue (TTM)₹1.64b

11.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
541303 income statement (TTM)
Revenue₹1.64b
Cost of Revenue₹1.38b
Gross Profit₹260.05m
Other Expenses₹200.68m
Earnings₹59.37m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin15.84%
Net Profit Margin3.62%
Debt/Equity Ratio40.6%

How did 541303 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

4%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.