Alankit Limited provides in e-governance services and products in India.
Adequate balance sheet with acceptable track record.
Share Price & News
How has Alankit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531082's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 531082 underperformed the Indian IT industry which returned -21.7% over the past year.
Return vs Market: 531082 underperformed the Indian Market which returned -30.7% over the past year.
Price Volatility Vs. Market
How volatile is Alankit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Alankit undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 531082 (₹11.13) is trading above our estimate of fair value (₹2.56)
Significantly Below Fair Value: 531082 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 531082 is poor value based on its PE Ratio (9.5x) compared to the IT industry average (7.3x).
PE vs Market: 531082 is poor value based on its PE Ratio (9.5x) compared to the Indian market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531082's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531082 is overvalued based on its PB Ratio (2x) compared to the IN IT industry average (0.7x).
How is Alankit forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 Alankit 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.
- Examine Alankit's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Alankit competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Alankit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531082 has high quality earnings.
Growing Profit Margin: 531082's current net profit margins (10.5%) are lower than last year (12.8%).
Past Earnings Growth Analysis
Earnings Trend: 531082 has become profitable over the past 5 years, growing earnings by 30.7% per year.
Accelerating Growth: 531082's earnings growth over the past year (4%) is below its 5-year average (30.7% per year).
Earnings vs Industry: 531082 earnings growth over the past year (4%) underperformed the IT industry 7.2%.
Return on Equity
High ROE: 531082's Return on Equity (20.1%) is considered high.
How is Alankit's financial position?
Financial Position Analysis
Short Term Liabilities: 531082's short term assets (₹854.4M) exceed its short term liabilities (₹440.9M).
Long Term Liabilities: 531082's short term assets (₹854.4M) exceed its long term liabilities (₹324.8M).
Debt to Equity History and Analysis
Debt Level: 531082's debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 531082's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 531082's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531082 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 531082 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 531082's debt is covered by short term assets (assets are 6.6x debt).
What is Alankit's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 531082's dividend (1.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: 531082's dividend (1.8%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).
Stability and Growth of Payments
Stable Dividend: 531082 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 531082's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.1%), 531082's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ankit Agarwal (33yo)
Mr. Ankit Agarwal has been Managing Director of Alankit Limited since May 26, 2014. Mr. Agarwal served as Compliance Officer and Secretary of Alankit Limited since June 10, 2015. Mr. Agarwal has been an E ...
CEO Compensation Analysis
Compensation vs Market: Ankit's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD48.21K).
Compensation vs Earnings: Ankit's compensation has increased by more than 20% in the past year.
|MD & Executive Director||5.92yrs||no data||2.8% ₹44.5m|
|Chief Financial Officer||1.42yrs||₹1.94m||no data|
|Company Secretary & Compliance Officer||0.50yr||no data||no data|
|Chief Revenue Officer||0.92yr||no data||no data|
Experienced Management: 531082's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|MD & Executive Director||5.92yrs||no data||2.8% ₹44.5m|
|Independent & Non-Executive Director||8.58yrs||₹140.00k||0.000070% ₹1.1k|
|Chairman of the Board||no data||₹120.00k||2.36% ₹37.5m|
|Non Executive Director||3.25yrs||₹293.05k||no data|
|Independent Non-Executive Director||1.92yrs||₹140.00k||no data|
|Additional Independent Non-Executive Woman Director||0.17yr||no data||no data|
Experienced Board: 531082's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alankit Limited's company bio, employee growth, exchange listings and data sources
- Name: Alankit Limited
- Ticker: 531082
- Exchange: BSE
- Founded: 1989
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: ₹1.591b
- Shares outstanding: 142.96m
- Website: https://www.alankit.in
- Alankit Limited
- 205-208, Anarkali Complex
- Jhandewalan Extension
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531082||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 2010|
|ALANKIT||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 2010|
Alankit Limited provides in e-governance services and products in India. The company accepts PAN applications; change in PAN particulars applications; and e-TDS/e-TCS/AIR/e-TBAF returns in electronic mode from corporate and non-corporate assesses. It is also involved in the digitization of paper returns filed with income tax department. In addition, the company enrolls residents with Aadhaar, a unique identification number that is issued by Unique Identification Authority of India; and provides services of National Skills Registry. Further, it engages in the provision of services to policyholders as National Insurance Repository; services for implementing and managing paper to follow process; and services as a business correspondent to the State Bank of India and other banks, as well as manpower services. Additionally, the company is involved in the scanning and digitization of medical records; distribution of ID card printers; Aadhaar seeding for enabling de-duplication of database; and distribution, storage, and inventory management of LED bulbs and ceiling fans. It also offers Aadhaar enabled services to its beneficiaries, clients, and customers; know your customer user agency services; and point of presence service provider services for New Pension System, as well as Atal Pension Yojana, and GST software and billing services. The company was formerly known as Euro Finmart Limited and changed its name to Alankit Limited in September 2014. Alankit Limited was incorporated in 1989 and is based in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 22:20|
|End of Day Share Price||2020/04/01 00:00|
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.