Business Description
Acknit Industries Ltd
ISIN : INE326C01017
Total Employee Number:
185Compare
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Traded in other countries / regions
530043.India IPO Date
2000-11-20Description
Acknit Industries Ltd manufactures all types of garments, gloves, and other apparel products. The company operates through four segments: Manufacturing Hand Gloves of various materials and diverse qualities for industrial safety modules for both export and domestic markets; Manufacturing of both industrial safety garments and ready-made garments in bulk for both export as well as for domestic markets; Power generation by operation of wind mills to supply oncommercial base; and Procurement, part processing and supply of nonconventional industrial safety gears in domestic market and in export. The majority of its revenue is generated from the manufacturing of hand gloves segment.
Financial Strength
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Cash-To-Debt | 0.01 | |||||
Equity-to-Asset | 0.51 | |||||
Debt-to-Equity | 0.74 | |||||
Debt-to-EBITDA | 3.75 | |||||
Interest Coverage | 3.87 | |||||
Piotroski F-Score | 5/9 | |||||
Altman Z-Score | 2.7 | |||||
Beneish M-Score | -2.52 | |||||
WACC vs ROIC | ||||||
Growth Rank
2/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
3-Year Revenue Growth Rate | 0.6 | |||||
3-Year EBITDA Growth Rate | -0.1 | |||||
3-Year EPS without NRI Growth Rate | -3.3 | |||||
3-Year Book Growth Rate | 10.6 |
Momentum Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
5-Day RSI | 51.61 | |||||
9-Day RSI | 54.73 | |||||
14-Day RSI | 55.76 | |||||
3-1 Month Momentum % | 11.62 | |||||
6-1 Month Momentum % | 19.22 | |||||
12-1 Month Momentum % | 10.69 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Current Ratio | 1.71 | |||||
Quick Ratio | 0.48 | |||||
Cash Ratio | 0.01 | |||||
Days Inventory | 221.06 | |||||
Days Sales Outstanding | 45.48 | |||||
Days Payable | 41.89 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Dividend Yield % | 0.45 | |||||
Dividend Payout Ratio | 0.05 | |||||
Forward Dividend Yield % | 0.45 | |||||
5-Year Yield-on-Cost % | 0.45 | |||||
Shareholder Yield % | -11.62 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Gross Margin % | 40.14 | |||||
Operating Margin % | 6.18 | |||||
Net Margin % | 3.5 | |||||
EBITDA Margin % | 7.62 | |||||
FCF Margin % | -3.41 | |||||
OCF Margin % | 1.89 | |||||
ROE % | 9.53 | |||||
ROA % | 4.87 | |||||
ROIC % | 7.17 | |||||
3-Year ROIIC % | 3.19 | |||||
ROC (Joel Greenblatt) % | 10.52 | |||||
ROCE % | 15.84 | |||||
Years of Profitability over Past 10-Year | 10 |
GF Value Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
PE Ratio | 11.69 | |||||
PE Ratio without NRI | 11.69 | |||||
Shiller PE Ratio | 12.63 | |||||
PEG Ratio | 2.44 | |||||
PS Ratio | 0.41 | |||||
PB Ratio | 1.06 | |||||
Price-to-Tangible-Book | 1.06 | |||||
Price-to-Operating-Cash-Flow | 21.64 | |||||
EV-to-EBIT | 11.05 | |||||
EV-to-EBITDA | 9.1 | |||||
EV-to-Revenue | 0.69 | |||||
EV-to-FCF | -20.34 | |||||
Price-to-GF-Value | 1.07 | |||||
Price-to-Projected-FCF | 1.13 | |||||
Price-to-Median-PS-Value | 2.08 | |||||
Price-to-Graham-Number | 0.76 | |||||
| Price-to-Net-Current-Asset-Value | 2.49 | |||||
Earnings Yield (Greenblatt) % | 9.05 | |||||
FCF Yield % | -8.32 | |||||
Forward Rate of Return (Yacktman) % | 3.61 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
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Performance
Dividend
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Bar
Annualized Return % Â
Total Annual Return % Â
Acknit Industries Ltd Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil ₹) | 2,472.324 | ||
| EPS (TTM) (₹) | 28.48 | ||
| Beta | 0.2304 | ||
| 3-Year Sharpe Ratio | 0.18 | ||
| 3-Year Sortino Ratio | 0.29 | ||
| Volatility % | 24.24 | ||
| 14-Day RSI | 55.76 | ||
| 14-Day ATR (₹) | 17.519075 | ||
| 20-Day SMA (₹) | 321.755 | ||
| 12-1 Month Momentum % | 10.69 | ||
| 52-Week Range (₹) | 224.95 - 357 | ||
| Shares Outstanding (Mil) | 3.04 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 5 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Acknit Industries Ltd Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Acknit Industries Ltd Stock Events
| Event | Date | Price (₹) | ||
|---|---|---|---|---|
| INR 1.500000 Cash Dividend | 2026-09-09 | In 10 days | ||
| INR 1.500000 Cash Dividend | 2025-09-08 | 297.00 (-4.27%) | ||
| INR 1.500000 Cash Dividend | 2024-09-11 | 314.85 (+3.23%) |
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Acknit Industries Ltd Frequently Asked Questions
What is Acknit Industries Ltd(BOM:530043)'s stock price today?
The current price of BOM:530043 is ₹333.00. The 52 week high of BOM:530043 is ₹357.00 and 52 week low is ₹224.95.
When is next earnings date of Acknit Industries Ltd(BOM:530043)?
The next earnings date of Acknit Industries Ltd(BOM:530043) is .
Does Acknit Industries Ltd(BOM:530043) pay dividends? If so, how much?
The Dividend Yield %  of Acknit Industries Ltd(BOM:530043) is 0.45% (As of Today), Highest Dividend Payout Ratio of Acknit Industries Ltd(BOM:530043) was 0.14. The lowest was 0.05. And the median was 0.07. The  Forward Dividend Yield % of Acknit Industries Ltd(BOM:530043) is 0.45%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
Articles on Acknit Industries Ltd
No articles.
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