Akme Fintrade (India) Past Earnings Performance
Past criteria checks 4/6
Akme Fintrade (India)'s earnings have been declining at an average annual rate of -21.6%, while the Consumer Finance industry saw earnings growing at 15.2% annually. Revenues have been declining at an average rate of 16.5% per year. Akme Fintrade (India)'s return on equity is 8.8%, and it has net margins of 49.4%.
Key information
-21.6%
Earnings growth rate
-46.8%
EPS growth rate
| Consumer Finance Industry Growth | 18.3% |
| Revenue growth rate | -16.5% |
| Return on equity | 8.8% |
| Net Margin | 49.4% |
| Next Earnings Update | 11 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Akme Fintrade (India) makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 387 | 191 | 81 | 0 |
| 31 Mar 23 | 342 | 158 | 69 | 0 |
| 31 Dec 22 | 294 | 82 | 74 | 0 |
| 30 Sep 22 | -312 | -572 | 109 | 0 |
| 30 Jun 22 | 195 | 17 | 76 | 0 |
| 31 Mar 22 | 221 | 41 | 78 | 0 |
| 31 Dec 21 | 273 | 128 | 88 | 0 |
| 30 Sep 21 | 867 | 766 | 49 | 0 |
| 30 Jun 21 | 327 | 166 | 83 | 0 |
| 31 Mar 21 | 302 | 163 | 88 | 0 |
| 31 Dec 20 | 353 | 153 | 80 | 0 |
| 30 Sep 20 | 461 | 189 | 91 | 0 |
| 30 Jun 20 | 466 | 189 | 92 | 0 |
| 31 Mar 20 | 430 | 191 | 93 | 0 |
| 31 Dec 19 | 458 | 174 | 86 | 0 |
| 31 Mar 19 | 429 | 176 | 63 | 0 |
| 31 Mar 18 | 241 | 109 | 40 | 0 |
Quality Earnings: AFIL has high quality earnings.
Growing Profit Margin: AFIL's current net profit margins (49.4%) are higher than last year (27.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFIL's earnings have declined by 21.6% per year over the past 5 years.
Accelerating Growth: AFIL's earnings growth over the past year (133.2%) exceeds its 5-year average (-21.6% per year).
Earnings vs Industry: AFIL earnings growth over the past year (133.2%) exceeded the Consumer Finance industry 46.3%.
Return on Equity
High ROE: AFIL's Return on Equity (8.8%) is considered low.