BSE:542020

Stock Analysis Report

Executive Summary

AKI India Limited designs and manufactures leather products for equestrian sports, horse covers, leather footwear and finished leather in India.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has AKI India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 542020 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

542020

0.08%

IN Luxury

-0.7%

IN Market


1 Year Return

n/a

542020

18.0%

IN Luxury

10.0%

IN Market

Return vs Industry: Insufficient data to determine how 542020 performed against the Indian Luxury industry.

Return vs Market: Insufficient data to determine how 542020 performed against the Indian Market.


Shareholder returns

542020IndustryMarket
7 Day0%0.08%-0.7%
30 Dayn/a4.9%-0.3%
90 Dayn/a11.4%3.2%
1 Yearn/a18.8%18.0%12.0%10.0%
3 Yearn/a55.1%53.3%23.9%17.1%
5 Yearn/a110.5%103.6%38.3%25.6%

Price Volatility Vs. Market

How volatile is AKI India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is AKI India undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether AKI India is trading at an attractive price based on the cash flow it is expected to produce in the future. But as AKI India has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is AKI India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AKI India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has AKI India performed over the past 5 years?

14.1%

Historical Consumer Durables annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if 542020 has high quality earnings.

Growing Profit Margin: Insufficient data to determine if 542020's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 542020's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 542020's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if 542020's earnings growth over the past year exceeded the Luxury industry average.


Return on Equity

High ROE: 542020 has a negative Return on Equity (0%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is AKI India's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if 542020's short term assets cover its short term liabilities.

Long Term Liabilities: 542020 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 542020 is debt free.

Reducing Debt: 542020 has no debt compared to 5 years ago when its debt to equity ratio was 304%.


Balance Sheet

Inventory Level: Insufficient data to determine if 542020 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 542020's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 542020 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 542020 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is AKI India's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 542020's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 542020's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 542020's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 542020's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 542020's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average board tenure


CEO

Asad Iraqi 0

0

Mr. Asad Kamal Iraqi serves as the Chairman and Managing Director at AKI India Limited. 


Board Members

NamePositionTenureCompensationOwnership
Asad Iraqi
Chairman & MD0yrsno datano data
Osama Iraqi
Whole Time Director9.6yrsno data5.53% 6.6m
Sameena Iraqi
Whole-Time Director17.3yrsno data49.62% 58.9m
Aslam Saeed
Independent Non-Executive Director2.2yrsno datano data
Javed Iqbal
Independent Non-Executive Director2.2yrsno datano data
Raj Agrawal
Independent Non-Executive Director2.2yrsno datano data

2.2yrs

Average Tenure

47yo

Average Age

Experienced Board: 542020's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

AKI India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AKI India Limited
  • Ticker: 542020
  • Exchange: BSE
  • Founded: 1994
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹118.724m
  • Shares outstanding: 10.30m
  • Website: https://www.groupaki.com

Location

  • AKI India Limited
  • 9/6 Asharfabad Jajmau
  • Kanpur
  • Uttar Pradesh
  • 208010
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542020BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2018

Biography

AKI India Limited designs and manufactures leather products for equestrian sports, horse covers, leather footwear and finished leather in India. It offers bridles, browbands, chaps and gaitors, driving harness, head collars, miscellaneous, reins, rugs, and saddle girth products; and footwear, including countryside, formal, marine, outdoor, and riding footwear products, as well as slippers and sandals, and casual shoes. The company also provides bag, belt, footwear, harness, and upholstery leather products. In addition, it distributes leather chemicals. The company also exports its products to the United States, the United Kingdom, Germany, Denmark, Italy, France, the Netherlands, Sweden, Australia, China, Hong Kong, South Africa, New Zealand, and the Middle East. AKI India Limited was founded in 1994 and is based in Kanpur, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 13:16
End of Day Share Price2020/02/04 00:00
Earnings2018/03/31
Annual Earnings2018/03/31


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.