Alfa Ica (I)

What does Alfa Ica (I) do?

Alfa Ica (India) Ltd produces High Pressure Laminate (H.P.L) Sheets & Compacts and is categorized as a Micro Cap company with a market cap of Rs 32 Cr. As of March 2025, it reported net sales of 20 Cr and a net profit of 1 Cr.

Overview:<BR>Alfa Ica (India) Ltd is engaged in the production of High Pressure Laminate (H.P. L) Sheets & Compacts within the Plastic Products - Industrial industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 1991 and has remained in the same line of business since its inception. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 20 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap value: Rs 32 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 22.00<BR>- Industry P/E: 53<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.80<BR>- Return on Equity: 6.20%<BR>- Price to Book: 1.38<BR><BR>Contact Details:<BR>Address: 1-4 Uma Industrial Estate, Village Vasana-Iawa Sanand Ahmedabad Gujarat : 380015 <BR>Tel: 91-079-2675 4030/31 <BR>Fax: 91-079-2675 4040 <BR>Email: info@alfaica.com <BR>Website: http://www.alfaica.com

Has Alfa Ica (I) declared dividend?

Alfa Ica (India) Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of August 28, 2019. Despite the dividend declaration, the dividend yield is 0%, as the company has not provided ongoing dividend income, though it has shown significant price appreciation over the years.

Alfa Ica (India) Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: Aug-28-2019<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -19.46%, the dividend return was 0%, resulting in a total return of -19.46%.<BR><BR>For the 1-year period, the price return was 36.21%, the dividend return was 0%, leading to a total return of 36.21%.<BR><BR>Over the 2-year period, the price return was 110.02%, with a dividend return of 0%, culminating in a total return of 110.02%.<BR><BR>In the 3-year period, the price return was 68.06%, the dividend return was 0%, which resulted in a total return of 68.06%.<BR><BR>For the 4-year period, the price return was 186.27%, with a dividend return of 0%, giving a total return of 186.27%.<BR><BR>Finally, in the 5-year period, the price return was 279.55%, the dividend return was 0%, leading to a total return of 279.55%.<BR><BR>Overall, while Alfa Ica (India) Ltd has declared a dividend, the dividend yield remains at 0%. The company has shown significant price returns over the years, particularly in the longer term, indicating strong price appreciation despite the lack of ongoing dividend income.

Who are the peers of the Alfa Ica (I)?

Alfa Ica (I) peers include Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Axel Polymers, Command Polymers, L.K.Mehta Poly., and Tijaria Polypipe. Alfa Ica (I) has below-average management risk and capital structure, with a 1-year return of 31.15%, outperforming Tijaria Polypipe but underperforming Garware Hi Tech.

Peers: The peers of Alfa Ica (I) are Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Axel Polymers, Command Polymers, L.K.Mehta Poly., Tijaria Polypipe.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds., while Good management risk is found at Astral, Finolex Inds., and Shaily Engineer., and Average management risk is seen at Garware Hi Tech and Axel Polymers. Below Average management risk is noted at Alfa Ica (I) and Command Polymers, while L.K.Mehta Poly. and Tijaria Polypipe do not qualify. Growth is Average at Garware Hi Tech and Axel Polymers, Good at Astral and Shaily Engineer., and Below Average at Finolex Inds., Alfa Ica (I), and Command Polymers, with L.K.Mehta Poly. and Tijaria Polypipe not qualifying. Capital Structure is Excellent at Supreme Inds., Astral, Finolex Inds., and Garware Hi Tech, Good at Shaily Engineer., Below Average at Alfa Ica (I), Axel Polymers, and Command Polymers, and does not qualify for L.K.Mehta Poly. and Tijaria Polypipe.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 156.71%, while Tijaria Polypipe has the lowest at -74.61%. Alfa Ica (I) has a 1-year return of 31.15%, which is significantly higher than Tijaria Polypipe but lower than Garware Hi Tech. Additionally, several peers, including Axel Polymers, Command Polymers, Tijaria Polypipe, and others, have negative six-month returns.

What is the technical trend for Alfa Ica (I)?

As of June 2, 2025, Alfa Ica's technical trend is mildly bearish, influenced by daily moving averages and the monthly MACD, despite some mixed signals from the MACD and Bollinger Bands across different time frames.

As of 2 June 2025, the technical trend for Alfa Ica has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals across different time frames. The daily moving averages are also mildly bearish, reinforcing the negative sentiment in the short term. The Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, suggesting some potential for upward movement. However, the KST is mildly bullish weekly but mildly bearish monthly, and the Dow Theory indicates a mildly bearish trend on the weekly basis with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Is Alfa Ica (I) overvalued or undervalued?

As of July 8, 2025, Alfa Ica (I) is considered very attractive and undervalued, with a PE Ratio of 27.07, outperforming peers like Century Plyboard and Greenply Industries, and achieving a 41.91% return over the past year compared to the Sensex's 4.69%.

As of 8 July 2025, the valuation grade for Alfa Ica (I) has moved from attractive to very attractive, indicating a positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios include a PE Ratio of 27.07, an EV to EBITDA of 13.25, and a Price to Book Value of 1.68, which suggest that the stock may be trading at a discount compared to its earnings and asset value.<BR><BR>In comparison to its peers, Alfa Ica (I) stands out with a PE Ratio lower than Century Plyboard, which has a PE of 85.3, and Greenply Industries at 41.21. Additionally, Greenpanel Industries, also rated very attractive, has a lower PE of 24.91, further supporting the notion that Alfa Ica (I) is undervalued. Notably, the company's stock has outperformed the Sensex over the past year, with a return of 41.91% compared to the Sensex's 4.69%, reinforcing the attractiveness of its current valuation.

Who are in the management team of Alfa Ica (I)?

As of March 2022, the management team of Alfa Ica (I) includes Inder Chand Nahta (Chairman & Independent Director), Sanjeev Sharma (Independent Director), Ayush Kedia (Non Executive Director), Rishi Tikmani (Whole-time Director), and Pooja Tikmani (Executive Director). Each member contributes to the company's governance and strategic direction.

As of March 2022, the management team of Alfa Ica (I) includes the following individuals:<BR><BR>1. Inder Chand Nahta - Chairman & Independent Director<BR>2. Sanjeev Sharma - Independent Director<BR>3. Ayush Kedia - Non Executive Director<BR>4. Rishi Tikmani - Whole-time Director<BR>5. Pooja Tikmani - Executive Director<BR><BR>Each member plays a significant role in the governance and strategic direction of the company.

Who are the top shareholders of the Alfa Ica (I)?

The top shareholders of Alfa Ica (I) include Tikmani Rajendra Hemraj Huf with 24.74%, individual investors with 27.98%, and the highest public shareholder, Saroj Jugalkishor Maheshwari, at 1.27%. There are no holdings by mutual funds or foreign institutional investors.

The top shareholders of Alfa Ica (I) include the promoters, with Tikmani Rajendra Hemraj Huf holding the largest share at 24.74%. Additionally, individual investors collectively hold 27.98% of the shares. The highest public shareholder is Saroj Jugalkishor Maheshwari, who owns 1.27%. There are currently no holdings by mutual funds or foreign institutional investors (FIIs).

How big is Alfa Ica (I)?

As of 24th July, Alfa Ica (India) Ltd has a market capitalization of 38.00 Cr and reported net sales of 78.56 Cr and a net profit of 1.44 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Alfa Ica (India) Ltd has a market capitalization of 38.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 78.56 Cr, while the sum of Net Profit for the same period is 1.44 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds are valued at 21.77 Cr, and Total Assets amount to 44.60 Cr.

How has been the historical performance of Alfa Ica (I)?

Alfa Ica (I) has shown mixed historical performance, with net sales increasing to 78.56 Cr in March 2025 but declines in profitability metrics, including profit after tax and earnings per share. Total assets grew, but cash flow from operations significantly dropped to 1.00 Cr.

Answer:<BR>The historical performance of Alfa Ica (I) shows a mixed trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Alfa Ica (I) reported net sales of 78.56 Cr in March 2025, an increase from 68.49 Cr in March 2024 and 64.64 Cr in March 2023, although it slightly decreased from 79.98 Cr in March 2022. The total operating income followed a similar pattern, reaching 78.56 Cr in March 2025. Total expenditure, excluding depreciation, rose to 74.22 Cr in March 2025 from 64.56 Cr in March 2024, with raw material costs also increasing to 46.39 Cr. Operating profit (PBDIT) increased to 5.22 Cr in March 2025 from 4.75 Cr in March 2024, while profit before tax decreased to 1.92 Cr from 2.23 Cr in the previous year. Profit after tax also fell to 1.44 Cr in March 2025 from 1.68 Cr in March 2024. The earnings per share (EPS) decreased to 3.56 in March 2025 from 4.16 in March 2024. On the balance sheet, total assets grew to 48.53 Cr in March 2025, up from 44.60 Cr in March 2024, while total liabilities also increased to 48.53 Cr from 44.60 Cr. The book value per share adjusted rose to 57.48 in March 2025 from 53.90 in March 2024. Cash flow from operating activities dropped to 1.00 Cr in March 2025 from 5.00 Cr in March 2024, indicating a decline in cash generation from operations. Overall, while sales and total assets have shown growth, profitability metrics and cash flow from operations have experienced declines in the latest reporting period.

When is the next results date for Alfa Ica (India) Ltd?

The next results date for Alfa Ica (India) Ltd is February 6, 2026.

The next results date for Alfa Ica (India) Ltd is scheduled for February 6, 2026.

Are Alfa Ica (India) Ltd latest results good or bad?

Alfa Ica (India) Ltd's latest Q3 FY26 results are largely negative, showing a 16.81% increase in net sales to ₹22.17 crores but a 13.33% decline in net profit to ₹0.39 crores, alongside shrinking profit margins and underperformance compared to the market. Overall, the company's financial health appears weak, with low return ratios indicating inefficiencies.

Alfa Ica (India) Ltd's latest results for Q3 FY26 present a mixed picture, but overall, they lean towards the negative side. While the company achieved a notable 16.81% increase in net sales, reaching ₹22.17 crores, its net profit fell by 13.33% to ₹0.39 crores compared to the previous quarter. This decline in profitability is concerning, especially as the company's profit margins have also contracted, with the PAT margin dropping to 1.76%.<BR><BR>The operational challenges are evident, as the operating margin decreased to 5.19%, down from 5.64% in the previous quarter. This indicates rising costs and potential inefficiencies that are impacting the bottom line despite the revenue growth. <BR><BR>Additionally, the stock has underperformed the market, declining 2.92% over the past year, while the broader Sensex has gained 6.44%. The company's overall financial health is further reflected in its low return ratios, with ROE at 6.16% and ROCE at 6.60%, suggesting inefficiencies in capital utilization.<BR><BR>In summary, while Alfa Ica has shown some revenue growth, the decline in profitability, margin compression, and weak return metrics indicate that the latest results are not favorable for the company.

Should I buy, sell or hold Alfa Ica (India) Ltd?

Why is Alfa Ica (India) Ltd falling/rising?

As of 05-May, Alfa Ica (India) Ltd's stock price is rising at 74.25, up 1.71%, driven by recent gains and outperforming its sector. However, it is trading below moving averages and experiencing declining investor participation, indicating potential long-term challenges.

As of 05-May, Alfa Ica (India) Ltd's stock price is rising, currently at 74.25, reflecting an increase of 1.25 or 1.71%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 3.99% today and has experienced consecutive gains over the last two days, accumulating a total return of 2.2% in that period. Additionally, the stock opened with a significant gain of 4.1% today and reached an intraday high of Rs 75.99.<BR><BR>Despite these positive indicators, it is important to note that the stock is trading below its moving averages across various time frames, which may suggest underlying weaknesses. Furthermore, the stock has shown erratic trading patterns, having not traded on two days out of the last twenty. There is also a decline in investor participation, with delivery volume falling by 10.26% compared to the five-day average.<BR><BR>Overall, while the stock is currently rising, it faces challenges that could impact its performance in the longer term.

Which are the latest news on Alfa Ica (I)?