Afcom Holdings Ltd
Incorporated in February 2013, Afcom Holdings Limited is involved in transporting cargo on an airport-to-airport basis.[1]
- Market Cap ₹ 2,610 Cr.
- Current Price ₹ 1,050
- High / Low ₹ 1,269 / 205
- Stock P/E 53.9
- Book Value ₹ 88.6
- Dividend Yield 0.00 %
- ROCE 37.2 %
- ROE 29.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.2%
- Company's working capital requirements have reduced from 177 days to 117 days
Cons
- Stock is trading at 11.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 71.2 to 95.5 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.
Peer comparison
Services Services Transport Services Logistics Solution Provider
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
14 | 48 | 84 | 148 | 239 | |
20 | 39 | 66 | 112 | 170 | |
Operating Profit | -6 | 10 | 18 | 36 | 69 |
OPM % | -43% | 20% | 22% | 24% | 29% |
0 | 0 | 1 | 1 | 4 | |
Interest | 0 | 1 | 1 | 2 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 4 |
Profit before tax | -6 | 8 | 18 | 34 | 65 |
Tax % | -31% | 39% | 25% | 26% | 26% |
-4 | 5 | 14 | 25 | 48 | |
EPS in Rs | -19.74 | 20.61 | 7.78 | 14.12 | 19.48 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 70% |
TTM: | 62% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 112% |
TTM: | 93% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 2 | 2 | 18 | 18 | 25 |
Reserves | -6 | 20 | 56 | 85 | 196 |
15 | 0 | 0 | 18 | 26 | |
0 | 3 | 9 | 16 | 29 | |
Total Liabilities | 12 | 25 | 83 | 138 | 275 |
0 | 0 | 0 | 0 | 17 | |
CWIP | 0 | 0 | 12 | 12 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 |
11 | 25 | 70 | 125 | 258 | |
Total Assets | 12 | 25 | 83 | 138 | 275 |
Cash Flows
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
-13 | -4 | -33 | -23 | 27 | |
-0 | -0 | -13 | -1 | -104 | |
13 | 4 | 52 | 21 | 74 | |
Net Cash Flow | -0 | 0 | 6 | -4 | -3 |
Ratios
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 15 | 118 | 62 | 56 | 95 |
Inventory Days | 38 | ||||
Days Payable | 21 | ||||
Cash Conversion Cycle | 15 | 118 | 62 | 56 | 113 |
Working Capital Days | 189 | 161 | 212 | 203 | 117 |
ROCE % | 59% | 39% | 37% | 37% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 Jul - Outcome of July 22, 2025 analyst/investor meeting; no UPSI shared, no presentations made.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
18 Jul - AFCOM launches Hanoi cargo route, partners with Viet Jet, expanding Asia network and connectivity.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Jul - The management of the Company will be participating in Analyst/Institutional Investor(s) group call on July 22, 2025 from 12:00 pm to 02:00 pm in virtual …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Depositories and Participants) Regulations, 2018, please find enclosed Compliance Certificate for the period ended June 30,2025, received from M/s. MUFG Intime India Private Limited (formerly …
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Results - Financial Results For The Period Ended March 31, 2025
27 May - Audited financial results for FY ended March 31, 2025 approved with unmodified auditor's opinion.
Annual reports
No data available.
Concalls
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Mar 2025TranscriptNotesPPT
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Nov 2024Transcript PPT REC
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.