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Alankit

NSEI:ALANKIT
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALANKIT
NSEI
₹5B
Market Cap
  1. Home
  2. IN
  3. Software
Company description

Alankit Limited provides in e-governance services and products in India. The last earnings update was 327 days ago. More info.


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ALANKIT Share Price and Events
7 Day Returns
10.7%
NSEI:ALANKIT
2.6%
IN IT
0.8%
IN Market
1 Year Returns
-19%
NSEI:ALANKIT
19.3%
IN IT
-0.7%
IN Market
ALANKIT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alankit (ALANKIT) 10.7% 11.8% 25.3% -19% 37% -
IN IT 2.6% 4.6% 8.5% 19.3% 49.1% 80.2%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • ALANKIT underperformed the IT industry which returned 19.3% over the past year.
  • ALANKIT underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
ALANKIT
Industry
5yr Volatility vs Market

ALANKIT Value

 Is Alankit undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Alankit to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Alankit.

NSEI:ALANKIT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:ALANKIT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.054 (1 + (1- 35%) (0.94%))
1.041
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.041 * 8.6%)
16.5%

Discounted Cash Flow Calculation for NSEI:ALANKIT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alankit is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:ALANKIT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.5%)
2019 52.21 Est @ -15.54% 44.81
2020 47.71 Est @ -8.61% 35.15
2021 45.91 Est @ -3.77% 29.04
2022 45.74 Est @ -0.37% 24.83
2023 46.66 Est @ 2.01% 21.74
2024 48.37 Est @ 3.67% 19.35
2025 50.71 Est @ 4.83% 17.41
2026 53.57 Est @ 5.65% 15.79
2027 56.91 Est @ 6.22% 14.39
2028 60.67 Est @ 6.62% 13.17
Present value of next 10 years cash flows ₹235.69
NSEI:ALANKIT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹60.67 × (1 + 7.55%) ÷ (16.5% – 7.55%)
₹729.02
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹729.02 ÷ (1 + 16.5%)10
₹158.29
NSEI:ALANKIT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹235.69 + ₹158.29
₹393.98
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹393.98 / 142.96
₹2.76
NSEI:ALANKIT Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:ALANKIT represents 0.94939x of BSE:531082
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.94939x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 2.76 x 0.94939
₹2.62
Value per share (INR) From above. ₹2.62
Current discount Discount to share price of ₹34.70
= -1 x (₹34.70 - ₹2.62) / ₹2.62
-1226.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Alankit is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alankit's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alankit's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:ALANKIT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹1.51
BSE:531082 Share Price ** BSE (2019-04-22) in INR ₹36.55
India IT Industry PE Ratio Median Figure of 84 Publicly-Listed IT Companies 16.19x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alankit.

NSEI:ALANKIT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:531082 Share Price ÷ EPS (both in INR)

= 36.55 ÷ 1.51

24.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alankit is overvalued based on earnings compared to the IN IT industry average.
  • Alankit is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Alankit's expected growth come at a high price?
Raw Data
NSEI:ALANKIT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-10.8%per year
India IT Industry PEG Ratio Median Figure of 21 Publicly-Listed IT Companies 1.32x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Alankit, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alankit's assets?
Raw Data
NSEI:ALANKIT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹4.42
BSE:531082 Share Price * BSE (2019-04-22) in INR ₹36.55
India IT Industry PB Ratio Median Figure of 108 Publicly-Listed IT Companies 1.36x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:ALANKIT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:531082 Share Price ÷ Book Value per Share (both in INR)

= 36.55 ÷ 4.42

8.28x

* Primary Listing of Alankit.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alankit is overvalued based on assets compared to the IN IT industry average.
X
Value checks
We assess Alankit's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Alankit has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ALANKIT Future Performance

 How is Alankit expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Alankit, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-10.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alankit expected to grow at an attractive rate?
  • Alankit's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Alankit's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Alankit's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:ALANKIT Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:ALANKIT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -10.8%
India IT Industry Earnings Growth Rate Market Cap Weighted Average 9.5%
India IT Industry Revenue Growth Rate Market Cap Weighted Average 9.4%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:ALANKIT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:ALANKIT Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,051 277 216
2017-03-31 851 18 133
2016-03-31 296 180 37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alankit's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Alankit is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:ALANKIT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Alankit Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ALANKIT Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 1.51
2017-03-31 0.93
2016-03-31 0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Alankit will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Alankit's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alankit has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ALANKIT Past Performance

  How has Alankit performed over the past 5 years?

  • Alankit's last earnings update was 327 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alankit's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Alankit's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Alankit's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Alankit's earnings growth has exceeded the IN IT industry average in the past year (62.3% vs 24.5%).
Earnings and Revenue History
Alankit's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alankit Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ALANKIT Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,051.02 215.55 32.97
2017-03-31 850.82 132.77 40.53
2016-03-31 296.09 37.03 6.17
2015-03-31 42.98 3.71 0.06
2014-12-31 42.60 -0.18 0.04
2014-09-30 31.15 -0.58 0.04
2014-06-30 28.71 0.44 0.04
2014-03-31 16.64 1.37 0.04
2013-12-31 24.47 7.64 0.10
2013-09-30 82.88 9.17 0.10
2013-06-30 101.79 7.69
2013-03-31 121.48 4.97 0.10
2012-12-31 150.82 3.10 0.95
2012-09-30 147.92 0.84 0.02
2012-06-30 131.93 0.76 0.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Alankit has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Alankit used its assets more efficiently than the IN IT industry average last year based on Return on Assets.
  • Alankit has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alankit's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alankit has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ALANKIT Health

 How is Alankit's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alankit's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alankit is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alankit's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alankit's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 18x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alankit Company Filings, last reported 1 year ago.

NSEI:ALANKIT Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 666.81 49.22 223.97
2017-03-31 469.05 49.96 148.40
2016-03-31 352.62 0.00 118.63
2015-03-31 316.22 0.00 109.40
2014-12-31 321.64 0.00 162.65
2014-09-30 321.64 0.00 162.65
2014-06-30 68.09 0.00 35.29
2014-03-31 68.09 0.00 35.29
2013-12-31 69.24 0.00 39.94
2013-09-30 69.24 0.00 39.94
2013-06-30 66.72 0.00 14.88
2013-03-31 66.72 0.00 14.88
2012-12-31
2012-09-30
2012-06-30 61.75 20.00 39.00
  • Alankit's level of debt (7.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 7.4% today).
  • Debt is well covered by operating cash flow (562.9%, greater than 20% of total debt).
  • Alankit earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Alankit's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alankit has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ALANKIT Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.55%
Current annual income from Alankit dividends.
If you bought ₹2,000 of Alankit shares you are expected to receive ₹11 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Alankit's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Alankit's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:ALANKIT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India IT Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:ALANKIT Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-03-20 0.200 0.629
2018-05-31 0.200 0.827
2018-05-30 0.200 0.604
2018-02-12 0.400 0.946
2017-05-30 0.200 0.504
2017-01-30 0.200 0.804
2016-05-30 0.100 0.306
2016-01-11 0.100 0.426
2015-07-17 0.050 0.420

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alankit has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Alankit only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Alankit's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (7.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Alankit's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alankit afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alankit has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ALANKIT Management

 What is the CEO of Alankit's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ankit Agarwal
COMPENSATION ₹3,900,000
TENURE AS CEO 4.9 years
CEO Bio

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 Executive Director of Alankit Limited since May 26, 2014.

CEO Compensation
  • Ankit's compensation has increased by more than 20% in the past year.
  • Ankit's remuneration is higher than average for companies of similar size in India.
Management Team

Ankit Agarwal

TITLE
MD & Executive Director
COMPENSATION
₹4M
TENURE
4.9 yrs

Perminder Singh

TITLE
Chief Financial Officer
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure of the Alankit board of directors in years:

4.9
Average Tenure
  • The tenure for the Alankit board of directors is about average.
Board of Directors

Alok Agarwal

TITLE
Chairman of the Board
COMPENSATION
₹60K

Ankit Agarwal

TITLE
MD & Executive Director
COMPENSATION
₹4M
TENURE
4.9 yrs

Yash Basrar

TITLE
Independent & Non-Executive Director
COMPENSATION
₹120K
AGE
71
TENURE
7.6 yrs

Pradip Banerji

TITLE
Independent Non-Executive Director
COMPENSATION
₹100K
TENURE
4.9 yrs

Shyam Lal

TITLE
Independent Non-Executive Director
COMPENSATION
₹80K
TENURE
4.9 yrs

Preeti Chadha

TITLE
Non Executive Director
COMPENSATION
₹464K
TENURE
2.3 yrs

Ashok Bhuta

TITLE
Independent Non-Executive Director
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
30. Oct 18 Buy Alka Agarwal Individual 25. Oct 18 25. Oct 18 200,000 ₹20.19 ₹4,037,998
30. Oct 18 Buy Alok Agarwal Individual 25. Oct 18 25. Oct 18 100,000 ₹20.20 ₹2,019,995
25. Oct 18 Buy Alka Agarwal Individual 23. Oct 18 24. Oct 18 600,000 ₹20.85 ₹12,474,405
23. Oct 18 Buy Alka Agarwal Individual 19. Oct 18 22. Oct 18 250,000 ₹21.48 ₹5,276,531
23. Oct 18 Buy Alka Agarwal Individual 19. Oct 18 19. Oct 18 150,000 ₹21.45 ₹3,198,745
20. Oct 18 Buy Alka Agarwal Individual 17. Oct 18 17. Oct 18 250,000 ₹22.21 ₹5,549,495
20. Oct 18 Buy Alka Agarwal Individual 17. Oct 18 17. Oct 18 50,000 ₹22.15 ₹1,107,498
18. Oct 18 Buy Alok Agarwal Individual 15. Oct 18 16. Oct 18 399,153 ₹22.13 ₹8,544,116
13. Oct 18 Buy Alok Agarwal Individual 12. Oct 18 12. Oct 18 200,000 ₹20.25 ₹4,049,986
11. Oct 18 Buy Alok Agarwal Individual 10. Oct 18 10. Oct 18 300,000 ₹19.20 ₹5,759,994
X
Management checks
We assess Alankit's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alankit has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ALANKIT News

Simply Wall St News

Should You Buy Alankit Limited (NSE:ALANKIT) For Its 1.6% Dividend?

In the last few years Alankit Limited (NSE:ALANKIT) has paid a dividend to shareholders. … Does Alankit tick all the boxes of a great dividend stock? … 5 checks you should do on a dividend stock

Simply Wall St -

What You Must Know About Alankit Limited's (NSE:ALANKIT) ROE

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … With more debt, ALANKIT can invest even more and earn more money, thus pushing up its returns. … View our latest analysis for Alankit

Simply Wall St -

Does Alankit Limited's (NSE:ALANKIT) PE Ratio Warrant A Buy?

While ALANKIT might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will break down what the P/E ratio is, how to interpret it and what to watch out for … What you need to know about the P/E ratio

Simply Wall St -

Alankit Limited (NSE:ALANKIT): Time For A Financial Health Check

Alankit Limited (NSE:ALANKIT) is a small-cap stock with a market capitalization of ₹3.81b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Should You Be Holding Alankit Limited (NSE:ALANKIT)?

Today I've chosen to put the spotlight on Alankit Limited (NSE:ALANKIT) due to its excellent fundamentals in more than one area. … ALANKIT. … Below, I've touched on some key aspects you should know on a high level

Simply Wall St -

What Investors Should Know About Alankit Limited's (NSE:ALANKIT) Financial Strength

How does ALANKIT’s operating cash flow stack up against its debt? … Additionally, ALANKIT has produced cash from operations of ₹18.24M in the last twelve months, leading to an operating cash to total debt ratio of 36.52%, meaning that ALANKIT’s debt is appropriately covered by operating cash. … Next Steps: ALANKIT has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

Is Alankit Limited (NSE:ALANKIT) A Sell At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for ALANKIT Price per share = ₹48.3 Earnings per share = ₹0.929 ∴ Price-Earnings Ratio = ₹48.3 ÷ ₹0.929 = 52x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … For example, if you are inadvertently comparing riskier firms with ALANKIT, then ALANKIT’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price. … If this assumption does not hold true, ALANKIT’s higher P/E ratio may be because firms in our peer group are being undervalued by the market.

Simply Wall St -

Are Alankit Limited's (NSE:ALANKIT) Interest Costs Too High?

With this growth in debt, ALANKIT currently has ₹148.4M remaining in cash and short-term investments , ready to deploy into the business. … Moreover, ALANKIT has generated ₹18.2M in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 36.52%, meaning that ALANKIT’s debt is appropriately covered by operating cash. … Next Steps: ALANKIT has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

ALANKIT Company Info

Description

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 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.

Details
Name: Alankit Limited
ALANKIT
Exchange: NSEI
Founded: 1989
₹5,225,118,555
142,958,100
Website: http://www.alankit.in
Address: Alankit Limited
Alankit House,
4E/2, Jhandewalan Extension,
New Delhi,
Delhi, 110055,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 531082 Equity Shares Mumbai Stock Exchange IN INR 20. Jul 2010
NSEI ALANKIT Equity Shares National Stock Exchange of India IN INR 20. Jul 2010
Number of employees
Current staff
Staff numbers
0
Alankit employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 13:01
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2018/05/30
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.