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
How much should you hold?
- Overall Portfolio exposure to Acknit Indus. should be less than 10%
- 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%
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%
Valuation Key Factors 
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%
Loading Valuation Snapshot...
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
Technical Movement
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 periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio






