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AXITA COTTON vs ACKNIT INDUSTRIES - Comparison Results

Rs 100 invested in...

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Current Valuations

    AXITA COTTON ACKNIT INDUSTRIES AXITA COTTON/
ACKNIT INDUSTRIES
 
P/E (TTM) x 29.9 9.8 304.5% View Chart
P/BV x 11.6 1.1 1,076.7% View Chart
Dividend Yield % 0.0 0.6 -  

Financials

 AXITA COTTON   ACKNIT INDUSTRIES
EQUITY SHARE DATA
    AXITA COTTON
Mar-23
ACKNIT INDUSTRIES
Mar-23
AXITA COTTON/
ACKNIT INDUSTRIES
5-Yr Chart
Click to enlarge
High Rs70194 35.9%   
Low Rs12126 9.2%   
Sales per share (Unadj.) Rs28.1784.4 3.6%  
Earnings per share (Unadj.) Rs0.929.7 2.9%  
Cash flow per share (Unadj.) Rs0.940.6 2.3%  
Dividends per share (Unadj.) Rs01.50 0.0%  
Avg Dividend yield %00.9 0.0%  
Book value per share (Unadj.) Rs2.7231.6 1.2%  
Shares outstanding (eoy) m196.563.04 6,465.8%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x1.40.2 707.8%   
Avg P/E ratio x46.95.4 868.5%  
P/CF ratio (eoy) x44.13.9 1,118.3%  
Price / Book Value ratio x15.30.7 2,204.7%  
Dividend payout %05.1 0.0%   
Avg Mkt Cap Rs m7,987487 1,640.2%   
No. of employees `000NANA-   
Total wages/salary Rs m3271 45.0%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m5,5262,385 231.7%  
Other income Rs m501 7,485.1%   
Total revenues Rs m5,5762,385 233.8%   
Gross profit Rs m193185 104.2%  
Depreciation Rs m1133 31.9%   
Interest Rs m431 11.4%   
Profit before tax Rs m229121 188.3%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m5831 186.8%   
Profit after tax Rs m17090 188.9%  
Gross profit margin %3.57.8 44.9%  
Effective tax rate %25.525.7 99.2%   
Net profit margin %3.13.8 81.5%  
BALANCE SHEET DATA
Current assets Rs m706927 76.2%   
Current liabilities Rs m224596 37.5%   
Net working cap to sales %8.713.9 62.9%  
Current ratio x3.21.6 203.0%  
Inventory Days Days04 1.8%  
Debtors Days Days292435 67.0%  
Net fixed assets Rs m99399 24.9%   
Share capital Rs m19730 646.6%   
"Free" reserves Rs m327674 48.6%   
Net worth Rs m524704 74.4%   
Long term debt Rs m02 0.0%   
Total assets Rs m8061,326 60.8%  
Interest coverage x65.44.9 1,331.5%   
Debt to equity ratio x00 0.0%  
Sales to assets ratio x6.91.8 381.3%   
Return on assets %21.69.1 236.0%  
Return on equity %32.512.8 253.9%  
Return on capital %44.321.6 205.5%  
Exports to sales %062.7 0.0%   
Imports to sales %03.5 0.0%   
Exports (fob) Rs mNA1,496 0.0%   
Imports (cif) Rs mNA84 0.0%   
Fx inflow Rs m7321,496 48.9%   
Fx outflow Rs m86101 85.9%   
Net fx Rs m6461,395 46.3%   
CASH FLOW
From Operations Rs m73254 28.6%  
From Investments Rs m-11-30 35.3%  
From Financial Activity Rs m-16-223 7.2%  
Net Cashflow Rs m461 6,280.8%  

Share Holding

Indian Promoters % 62.8 50.3 124.7%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.5 0.0 -  
FIIs % 0.5 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 37.2 49.7 75.0%  
Shareholders   128,135 2,154 5,948.7%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare AXITA COTTON With:   MONTE CARLO    S.P. APPARELS    PDS MULTI.    KPR MILL    WELSPUN LIVING    


More on AXITA COTTON vs ACKNIT KNIT.

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

AXITA COTTON vs ACKNIT KNIT. Share Price Performance

Period AXITA COTTON ACKNIT KNIT.
1-Day -0.85% -1.83%
1-Month 8.56% 13.02%
1-Year -60.71% 76.09%
3-Year CAGR 130.13% 42.67%
5-Year CAGR 66.16% 22.27%

* Compound Annual Growth Rate

Here are more details on the AXITA COTTON share price and the ACKNIT KNIT. share price.

Moving on to shareholding structures...

The promoters of AXITA COTTON hold a 62.8% stake in the company. In case of ACKNIT KNIT. the stake stands at 50.3%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of AXITA COTTON and the shareholding pattern of ACKNIT KNIT..

Finally, a word on dividends...

In the most recent financial year, AXITA COTTON paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.

ACKNIT KNIT. paid Rs 1.5, and its dividend payout ratio stood at 5.1%.

You may visit here to review the dividend history of AXITA COTTON, and the dividend history of ACKNIT KNIT..

For a sector overview, read our textiles sector report.



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