Acknit Indus.

  • Market Cap: Micro Cap
  • Industry: Garments & Apparels
  • ISIN: INE326C01017
  • NSEID:
  • BSEID: 530043
INR
340.00
18.7 (5.82%)
BSENSE

Aug 19, 04:01 PM

BSE+NSE Vol: 5.68 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Deepak Spinners
Acknit Indus.
Digjam
Parmeshwari Silk
Anand Rayons
Globe Enterprise
Bhandari Hosiery
Addi Industries
KG Petrochem
Rachit Prints
Ken Enter.

Why is Acknit Industries Ltd ?

1
Weak Long Term Fundamental Strength with a 10.58% CAGR growth in Operating Profits over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.01 times
2
Flat results in Jun 26
  • ROCE(HY) Lowest at 8.93%
3
With ROCE of 8.8, it has a Attractive valuation with a 1 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 17.24%, its profits have fallen by -0.7%
4
Rising Promoter Confidence
  • Promoters have increased their stake in the company by 2% over the previous quarter and currently hold 56.13% of the company
  • Promoters increasing their stake is a sign of high confidence in the future of the business
5
Market Beating performance in long term as well as near term
  • Along with generating 17.24% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Acknit Indus. should be less than 10%
  2. Overall Portfolio exposure to Garments & Apparels should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Acknit Indus. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Acknit Indus.
17.24%
0.33
52.46%
Sensex
-5.8%
-0.43
13.48%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
6.18%
EBIT Growth (5y)
10.58%
EBIT to Interest (avg)
4.86
Debt to EBITDA (avg)
3.09
Net Debt to Equity (avg)
0.74
Sales to Capital Employed (avg)
1.82
Tax Ratio
25.02%
Dividend Payout Ratio
5.07%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.91%
ROE (avg)
11.09%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
11
Industry P/E
52
Price to Book Value
1.03
EV to EBIT
10.98
EV to EBITDA
9.02
EV to Capital Employed
1.02
EV to Sales
0.68
PEG Ratio
NA
Dividend Yield
0.47%
ROCE (Latest)
8.76%
ROE (Latest)
9.10%
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stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

1What is working for the Company
DEBTORS TURNOVER RATIO(HY)

Highest at 8.17 times

-3What is not working for the Company
ROCE(HY)

Lowest at 8.93%

Loading Valuation Snapshot...

Here's what is working for Acknit Indus.

Debtors Turnover Ratio- Half Yearly
Highest at 8.17 times
in the last five half yearly periods
MOJO Watch
Company has been able to settle its Debtors faster

Debtors Turnover Ratio