Afcom Holdings Ltd

Afcom Holdings Ltd

₹ 550 5.00%
21 Nov - close price
About

Incorporated in February 2013, Afcom Holdings Limited is involved in transporting cargo on an airport-to-airport basis.[1]

Key Points

Business Profile[1] The company operates cargo flights to the ASEAN (Association of Southeast Asian Nations) countries, including Singapore, Indonesia, and Brunei, focusing on Singapore.

  • Market Cap 1,368 Cr.
  • Current Price 550
  • High / Low 590 / 205
  • Stock P/E 54.4
  • Book Value 76.8
  • Dividend Yield 0.00 %
  • ROCE 36.6 %
  • ROE 28.5 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.9%
  • Debtor days have improved from 78.6 to 56.0 days.

Cons

  • Stock is trading at 7.17 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* 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.

Peer comparison

Sector: Air Transport Service Industry: Transport - Airlines

Part of BSE SME IPO

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Sep 2024
71 89
55 63
Operating Profit 16 26
OPM % 23% 29%
0 1
Interest 0 2
Depreciation 0 0
Profit before tax 16 25
Tax % 25% 25%
12 19
EPS in Rs 6.92 7.59
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
14 48 84 148
20 39 66 112
Operating Profit -6 10 18 36
OPM % -43% 20% 22% 24%
0 0 1 1
Interest 0 1 1 2
Depreciation 0 0 0 0
Profit before tax -6 8 18 34
Tax % -31% 39% 25% 26%
-4 5 14 25
EPS in Rs -19.74 20.61 7.78 14.12
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 120%
TTM: 75%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 100%
TTM: 90%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 30%
Last Year: 28%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 2 2 18 18 25
Reserves -6 20 56 85 166
15 0 0 18 11
0 3 9 16 11
Total Liabilities 12 25 83 138 213
0 0 0 0 1
CWIP 0 0 12 12 13
Investments 0 0 0 0 0
11 25 70 125 199
Total Assets 12 25 83 138 213

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
-13 -4 -33 -23
-0 -0 -13 -1
13 4 52 21
Net Cash Flow -0 0 6 -4

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 15 118 62 56
Inventory Days
Days Payable
Cash Conversion Cycle 15 118 62 56
Working Capital Days 215 161 214 248
ROCE % 59% 39% 37%

Shareholding Pattern

Numbers in percentages

10 Recently
Sep 2024
42.73%
3.51%
0.90%
52.87%
No. of Shareholders 1,567

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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