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Akshar Spintex Ltd

AKSHAR

Akshar Spintex Ltd

AKSHAR
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹111 cr, stock is ranked 2,619
High RiskStock is 4.96x as volatile as Nifty
3.602.70% (-0.10)
3.602.70% (-0.10)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹111 cr, stock is ranked 2,619
High RiskStock is 4.96x as volatile as Nifty

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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹111 cr, stock is ranked 2,619
High RiskStock is 4.96x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
18.732.73
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
77.107.510.50%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Akshar Spintex Limited is an India-based company, which is principally engaged in the business of manufacturing and trading of spun cotton yarn.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 6.74%, vs industry avg of 5.55%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.08% to 0.09%

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Financial YearFY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023TTM
Total Revenue15.6559.8486.3499.53104.93111.09110.88175.57137.92167.20
Raw Materialssubtract10.7839.8166.4469.3778.9492.4988.31139.12121.55156.40
Power & Fuel Costsubtract0.000.007.478.188.039.289.5111.218.31
Employee Costsubtract1.093.944.816.385.665.614.737.505.05
Selling & Administrative Expensessubtract0.000.000.700.741.290.750.891.311.07
Operating & Other expensessubtract1.226.66-2.140.590.690.290.95-0.030.00
Depreciation/Amortizationsubtract1.283.603.793.843.824.104.144.214.274.28
Interest & Other Itemssubtract0.992.372.592.392.653.182.532.581.861.35
Taxes & Other Itemssubtract0.790.800.12-0.511.601.13-1.422.64-1.43-0.76
EPS-0.000.010.010.030.01-0.020.000.02-0.020.24
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTextiles

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Akshar Spintex Ltd-40.242.73
KPR Mill Ltd30.106.610.30%
Vedant Fashions Ltd55.6317.050.92%
Trident Ltd49.635.220.84%

Price Comparison

Compare AKSHAR with any stock or ETF
Compare AKSHAR with any stock or ETF
AKSHAR
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 6.17%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 26.63%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding37.57%0.00%0.00%0.01%62.42%

Mar 2023

Jun 2023

Sep 2023

Dec 2023

Shareholding History

SepDec '22MarJunSepDec '230.05%0.06%0.00%0.00%0.00%0.01%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

AKSHAR has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJan 4, 2024

Interim
Interim | Div/Share: ₹0.01

Dividend/Share

0.01

Ex DateEx Date

Jan 4, 2024

News & Opinions

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