AFLOAT Enterprises Ltd
₹ 11.6
-0.43%
28 Oct
- close price
About
Incorporated in 2015, Adishakti Loha and Ispat Ltd does trading of Iron and Steel[1]
Key Points
- Market Cap ₹ 5.29 Cr.
- Current Price ₹ 11.6
- High / Low ₹ 16.0 / 8.56
- Stock P/E
- Book Value ₹ 10.5
- Dividend Yield 0.00 %
- ROCE 1.57 %
- ROE 0.59 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.10 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.78% over last 3 years.
- Promoter holding has decreased over last 3 years: -39.5%
- Working capital days have increased from 589 days to 977 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.03 | 10.95 | 11.28 | 5.98 | 3.74 | 1.89 | 0.00 | |
| 0.00 | 0.00 | 10.96 | 11.36 | 6.19 | 3.95 | 2.24 | 0.83 | |
| Operating Profit | 0.00 | 0.03 | -0.01 | -0.08 | -0.21 | -0.21 | -0.35 | -0.83 |
| OPM % | 100.00% | -0.09% | -0.71% | -3.51% | -5.61% | -18.52% | ||
| 0.00 | 0.00 | 0.00 | 0.10 | 0.37 | 0.32 | 0.44 | 0.48 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 | 0.01 | 0.00 |
| Profit before tax | 0.00 | 0.03 | -0.01 | 0.00 | -0.02 | 0.09 | 0.08 | -0.36 |
| Tax % | 0.00% | 100.00% | -150.00% | 22.22% | 75.00% | |||
| 0.00 | 0.02 | -0.02 | 0.00 | 0.01 | 0.07 | 0.03 | -0.42 | |
| EPS in Rs | 0.00 | 20.00 | -0.07 | 0.00 | 0.02 | 0.15 | 0.07 | -0.92 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 129% |
| 3 Years: | -45% |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | % |
| TTM: | -300% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 2.74 | 2.74 | 4.56 | 4.56 | 4.56 | 4.56 |
| Reserves | -0.02 | 0.00 | 0.26 | 0.26 | 0.45 | 0.52 | 0.55 | 0.23 |
| 0.03 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.00 | 0.01 | 6.33 | 3.33 | 0.37 | 0.37 | 0.06 | 0.06 | |
| Total Liabilities | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 4.85 |
| 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.01 | 0.01 | 0.01 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.02 | 0.05 | 9.35 | 6.28 | 5.35 | 5.44 | 5.16 | 4.84 | |
| Total Assets | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 4.85 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 0.03 | -2.85 | 4.60 | -3.02 | -0.33 | -0.39 | ||
| 0.00 | 0.00 | -4.12 | 0.42 | 0.32 | 0.38 | ||
| 0.00 | 3.00 | -0.02 | 2.00 | 0.00 | 0.00 | ||
| Net Cash Flow | 0.03 | 0.14 | 0.46 | -0.59 | -0.01 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 255.67 | 9.71 | 57.98 | 131.75 | 0.00 | |
| Inventory Days | 0.00 | 0.00 | 10.89 | 0.00 | 0.00 | ||
| Days Payable | 21.77 | ||||||
| Cash Conversion Cycle | 121.67 | 255.67 | 9.71 | 47.10 | 131.75 | 0.00 | |
| Working Capital Days | 121.67 | 94.33 | 74.42 | 299.08 | 489.92 | 977.20 | |
| ROCE % | 100.00% | -0.65% | 0.00% | 3.25% | 1.78% | 1.57% |
Documents
Announcements
-
Reg 23(9) Non Applicability Certificate
13 Nov - Certificate of non-applicability for related party transactions.
-
Unaudited Financial Result Sep 2024
13 Nov - Submission of half-yearly compliance documents and financial results.
-
Board Meeting Outcome for Outcome Of Board Meeting For Unaudited Result
13 Nov - Submission of half-yearly financial results and board meeting outcomes.
-
Board Meeting Intimation for Half Yearly Unaudited Results For Sep 2024 And Other Matter If Any.
7 Nov - Prior intimation of board meeting on financial results.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Oct
Business Overview:[1]
Company is in the business of manufacturing and trading in iron and steel. It also deals in carbon (diamond), non ferrous material viz. gold and scraps i.e. mild steel product, carbon steel, stainless etc.