Acknit Industries Ltd.

ACKNIT

₹286.0

-1.38% (-4.0)

Market Cap

₹97 Cr.

P/E

11.15

Key Ratios

Edit Ratio's

Market cap

97.00 Cr

11.15

Prom Holding

54.13 %

ROE (%)

10.30

ROCE (%)

16.88

Div Yield (%)

0.52

Sales

238 Cr

OPM (%)

7.40 %

Debt to Equity

0.67

Edit Ratio's

About

Acknit Knitting Ltd.is a leading manufacturer and exporter of seamless hand gloves to various… Read more

Low

210

52W Range

High

406

Timeline

Key company specific updates

Company Timeline

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Forensics

9 Yes

Positive for this company

1 Neutral

Neutral for this company

7 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Promoter Holding

Promoter has not sold any shares in the last 90 days
Depreciation Effect

Company is depreciating a lower percentage of assets. this is contributing to an increase in net profit
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

ROE

Net profit margin is responsible for roe increase over last 10 years
Share price

Share price has increased over last 10 years due to earnings
Working Capital

Working capital of the company seems to be under control
Debt

Company should not have issues servicing its debt
ROCE Strength

Roce of the company is consistently strong
Balance Sheet Strength

Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues
Capex vs ROCE

Roce of the company has decreased even without significant capex
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile

Revenue mix

Product Wise Break-Up

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

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FAQs on Acknit Industries Ltd. Business

What does Acknit Industries do?

Acknit Knitting Ltd. is a prominent manufacturer and exporter of seamless hand gloves worldwide. It has diversified its products into various divisions including leather, industrial garments, and more.

Who are the competitors of Acknit Industries?

Acknit Industries major competitors are E-Land Apparel, Garment Mantra Life, Mohini Health&Hygien, Sanrhea Tech Text, Flexituff Ventures, Riba Textiles, Silky Overseas.
Market Cap of Acknit Industries is ₹88 Crs.
While the median market cap of its peers are ₹82 Crs.

Is Acknit Industries financially stable compared to its competitors?

Acknit Industries seems to be less financially stable compared to its competitors.
Altman Z score of Acknit Industries is 3.35 and is ranked 5 out of its 8 competitors.

View FAQ's On Shareprice

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Raw Material

Acknit Industries Ltd.

Acknit Industries Ltd.

Key Ratios

About

Timeline

Company Timeline

9 Yes

1 Neutral

7 No

0 No Data

Accounting & Shareholding

Contingent Liabilities

Other Income

Pledge

Promoter Holding

Depreciation Effect

Retail Holding

Revenue Recognition

Price & Performance

ROE

Share price

Working Capital

Debt

ROCE Strength

Balance Sheet Strength

Capex vs ROCE

Current vs Historic Valuation

Sales Growth

Margin Stability

Product Wise Break-Up

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What does Acknit Industries do?

Who are the competitors of Acknit Industries?

Is Acknit Industries financially stable compared to its competitors?

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