What does Amit Internation do?

Amit International Ltd is a micro-cap company in the Garments & Apparels industry, specializing in the manufacture of cotton sports socks. Incorporated in 1994, it has a market cap of Rs 7 Cr and reported a net profit of 0 Cr for December 2024.

Overview: <BR>Amit International Ltd is a micro-cap company in the Garments & Apparels industry, primarily engaged in the manufacture of cotton sports socks.<BR><BR>History: <BR>Incorporated as a public limited company in February 1994, Amit International took over two partnership firms, Amit Exports and Minal Exports, which had been manufacturing cotton sports socks since 1988. The latest quarterly results reported are for December 2024.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Dec 2024) <BR>Market-cap value: Rs 7 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 7.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.03 <BR>Return on Equity: 0.15% <BR>Price to Book: 0.37 <BR><BR>Contact Details: <BR>Address: 403-A Dalamal Chambers, 29 New Marine Lines 4th Floor Mumbai Maharashtra : 400020 <BR>Tel: 91-22-22095533 (9 lines) <BR>Email: ceo@amitinternational.com <BR>Website: http://www.amitinternational.com

Who are in the management team of Amit Internation?

As of March 2022, the management team of Amit Internation includes Kirti J Doshi (Chairman & Managing Director), Naresh N Vaghani (Non-Executive & Independent Director), Rupa Zaveri (Non-Executive & Independent Director), and Payat Rathi (Company Secretary & Compliance Officer).

As of March 2022, the management team of Amit Internation includes the following individuals:<BR><BR>1. Kirti J Doshi - Chairman & Managing Director<BR>2. Naresh N Vaghani - Non-Executive & Independent Director<BR>3. Rupa Zaveri - Non-Executive & Independent Director<BR>4. Payat Rathi - Company Secretary & Compliance Officer<BR><BR>These individuals play key roles in the governance and management of the company.

When is the next results date for Amit Internation?

No Upcoming Board Meetings

Has Amit Internation declared dividend?

No Dividend History Available

Who are the peers of the Amit Internation?

Amit Internation's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Aananda Lakshmi, Nutech Global, Raconteur Global, and Mafia Trends. Key insights show K P R Mill Ltd excels in management risk, growth, and capital structure, while Amit Internation's 1-year return is 20.41%, higher than Raconteur Global but lower than Page Industries' 26.58%.

Peers: The peers of Amit Internation are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Aananda Lakshmi, Nutech Global, Raconteur Global, and Mafia Trends.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is present at Trident and Mafia Trends, while Below Average management risk is noted for Nutech Global. Aananda Lakshmi does not qualify for management risk, as does Amit Internation and Raconteur Global. In terms of growth, Excellent growth is seen at K P R Mill Ltd and Average growth at Trent and Mafia Trends, while Below Average growth is noted for Page Industries, Vedant Fashions, Trident, and Nutech Global. Aananda Lakshmi does not qualify for growth, as does Amit Internation and Raconteur Global. Capital structure is Excellent for K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good capital structure is found at Trent and Average at Mafia Trends. Nutech Global has Below Average capital structure, and Aananda Lakshmi, Amit Internation, and Raconteur Global do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Raconteur Global at -43.91%. Amit Internation's 1-year return is 20.41%, which is lower than Page Industries but higher than Raconteur Global. Additionally, the six-month return is negative for Vedant Fashions, Trident, Nutech Global, Raconteur Global, and Mafia Trends.

Is Amit Internation overvalued or undervalued?

As of July 26, 2023, Amit International is rated as risky but appears undervalued with a PE ratio of 7.67 and a Price to Book Value of 0.39, suggesting it may be a buying opportunity despite a year-to-date return of -16.48% compared to the Sensex's 5.61%.

As of 26 July 2023, the valuation grade for Amit Internation has moved from does not qualify to risky. The company appears to be undervalued based on its current financial ratios. The PE ratio stands at 7.67, while the Price to Book Value is notably low at 0.39, indicating that the stock is trading significantly below its book value. Additionally, the PEG ratio of 0.09 suggests that the stock may be undervalued relative to its earnings growth potential.<BR><BR>In comparison to its peers, Amit Internation's valuation metrics are starkly lower. For instance, MMTC has a PE ratio of 119.39, while Elitecon International's PE ratio is at 131.08, both indicating a much higher valuation than Amit Internation. Despite the company's recent stock performance lagging behind the Sensex, with a year-to-date return of -16.48% compared to the Sensex's 5.61%, the current valuation metrics suggest that Amit Internation may present a buying opportunity for investors looking for undervalued stocks in the garments and apparels industry.

What is the technical trend for Amit Internation?

As of May 28, 2025, Amit International's trend has shifted to mildly bearish, indicated by bearish daily moving averages and weekly Bollinger Bands, despite some conflicting signals from the MACD and KST.

As of 28 May 2025, the technical trend for Amit Internation has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also showing bearish signals. The MACD on a monthly basis is mildly bearish, while the weekly KST is mildly bullish, suggesting some conflicting signals. Overall, the lack of strong bullish indicators and the presence of bearish signals in key metrics contribute to the mildly bearish outlook.

Who are the top shareholders of the Amit Internation?

The top shareholders of Amit Internation include Kirti J Doshi with 12.85%, Mayank Shobhagchand Varia with 8.32%, and individual investors holding 61.17%. There are also two Foreign Institutional Investors with a combined 6.56%, and there are no pledged promoter holdings or mutual fund investments.

The top shareholders of Amit Internation include Kirti J Doshi, who holds the highest promoter stake at 12.85%. The highest public shareholder is Mayank Shobhagchand Varia, with a holding of 8.32%. Additionally, individual investors collectively own 61.17% of the company. There are also two Foreign Institutional Investors (FIIs) that hold a combined 6.56%. Notably, there are no pledged promoter holdings, and the company is not held by any mutual fund schemes.

How big is Amit Internation?

As of 24th July, Amit International Ltd has a market capitalization of 7.00 Cr, with Net Sales of 0.00 Cr and a Net Profit of 0.03 Cr in the latest four quarters. Shareholder's Funds are 19.61 Cr and Total Assets are 19.89 Cr as of March 2024.

As of 24th July, Amit International Ltd has a market capitalization of 7.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Amit International reported Net Sales of 0.00 Cr and a Net Profit of 0.03 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 19.61 Cr and Total Assets of 19.89 Cr.

How has been the historical performance of Amit Internation?

Amit Internation has reported zero net sales and operating income from March 2019 to March 2025, with fluctuating employee costs and negative operating profit. However, profit before tax improved to 0.16 crore in March 2025, leading to a profit after tax of 0.13 crore, while total assets and cash reserves increased, indicating some liquidity improvement.

Answer:<BR>The historical performance of Amit Internation shows a consistent trend of zero net sales and other operating income from March 2019 to March 2025. The total operating income also remained at zero during this period. Employee costs have fluctuated slightly, with values ranging from 0.05 crore in March 2019 to 0.12 crore in March 2025. Other expenses have varied, peaking at 0.36 crore in March 2020 and decreasing to 0.14 crore in March 2025. The operating profit (PBDIT) has been negative, with a loss of 0.26 crore in March 2025, and the profit before tax was 0.16 crore. The profit after tax showed a slight increase to 0.13 crore in March 2025 from 0.04 crore in March 2023. The equity capital has remained stable at 18.95 crore, while reserves increased from -0.05 crore in March 2019 to 0.79 crore in March 2025. The total assets grew from 19.40 crore in March 2020 to 20.04 crore in March 2025, with total liabilities also rising to 20.04 crore in March 2025. Cash and cash equivalents saw a significant increase to 0.27 crore in March 2025 from 0.05 crore in March 2020.<BR><BR>Breakdown:<BR>Amit Internation has not generated any net sales or other operating income from March 2019 to March 2025, indicating a stagnant revenue position. Employee costs have shown a gradual increase, while other expenses have fluctuated, with a notable peak in March 2020. The company has consistently reported negative operating profit, with losses narrowing slightly over the years. However, profit before tax improved to 0.16 crore in March 2025, leading to a profit after tax of 0.13 crore. The equity capital has remained unchanged, but reserves have improved significantly over the years. Total assets and liabilities have both increased, reflecting a growing balance sheet, while cash and cash equivalents have also seen a rise, suggesting some liquidity improvement.

Which are the latest news on Amit Internation?

Why is Amit Internation falling/rising?

As of 04-Dec, Amit International Ltd's stock price is rising to 4.00, reflecting a 1.52% increase. This rise is driven by recent gains and sector outperformance, although it has faced significant declines over the past year and decreased investor participation.

As of 04-Dec, Amit International Ltd's stock price is rising, currently at 4.00, with a change of 0.06 (1.52%) increase. This upward movement can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, showing a notable increase of 5.26% in this period. Additionally, it has outperformed its sector by 1.5% today, indicating a relative strength compared to its peers.<BR><BR>However, it is important to note that while the stock is currently rising, it has experienced a decline over longer periods, with a year-to-date drop of 9.71% and a one-year decline of 11.11%. This suggests that despite the recent gains, the stock has faced significant challenges in the past year.<BR><BR>Investor participation has decreased, as evidenced by a delivery volume of 21.21k on 03 Dec, which has fallen by 90.58% compared to the five-day average. This decline in participation could indicate a lack of confidence among investors, which may affect future price movements.<BR><BR>In summary, the current rise in Amit International Ltd's stock price is primarily driven by recent gains and sector outperformance, despite the backdrop of longer-term declines and reduced investor participation.