Akme Fintrade (India) Ltd

Akme Fintrade Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Akme Fintrade (India) Ltd

₹ 109 14.79%
22 Jul 4:01 p.m.
Company website BSE: 544200 NSE: AFIL
About

Incorporated in 1996, Akme Fintrade is a non-banking finance company (NBFC), offering vehicle and business loans in rural and semi-urban geographies.[1]

Key Points

Business Profile[1] The company provides lending solutions for rural and semi-urban populations. Its portfolio comprises Vehicle Finance and Business Finance Products for small business owners.

Website BSE NSE
  • Market Cap ₹ 464 Cr.
  • Current Price ₹ 109
  • High / Low ₹ 135 / 92.7
  • Stock P/E 25.0
  • Book Value ₹
  • Dividend Yield 0.00 %
  • ROCE 12.8 %
  • ROE 8.66 %
  • Face Value ₹ 10.0
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Pros

  • Company's working capital requirements have reduced from 47.4 days to 31.3 days

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -14.4%
  • The company has delivered a poor sales growth of -3.29% over past five years.
  • Company has a low return on equity of 7.40% over last 3 years.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Dec 2023 Mar 2024
21.22 19.51 20.05
5.14 5.01 3.70
Operating Profit 16.08 14.50 16.35
OPM % 75.78% 74.32% 81.55%
0.00 0.00 0.00
Interest 8.46 7.60 7.64
Depreciation 0.12 0.12 0.12
Profit before tax 7.50 6.78 8.59
Tax % 25.20% 12.98% 26.89%
5.61 5.90 6.28
EPS in Rs 1.77 1.86 1.98
Raw PDF
Upcoming result date: 29 July 2024

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
87 100 88 68 70 74
15 17 20 24 21 21
Operating Profit 72 83 68 43 48 53
OPM % 82% 83% 77% 64% 69% 71%
2 0 1 0 0 0
Interest 46 56 48 35 28 28
Depreciation 1 1 1 1 1 1
Profit before tax 26 27 19 8 20 24
Tax % 32% 30% 14% 46% 21% 22%
18 19 17 4 16 19
EPS in Rs 40.83 8.80 7.65 1.89 4.99 5.85
Dividend Payout % 1% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -3%
3 Years: -6%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 1%
3 Years: 4%
TTM: 18%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 7%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4 22 22 22 32 32
Reserves 91 89 109 115 173 192
425 399 318 230 178 205
15 6 6 7 8 8
Total Liabilities 535 515 455 374 390 436
6 7 7 6 19 18
CWIP 0 0 0 0 0 0
Investments 1 2 0 0 0 0
528 506 448 368 371 418
Total Assets 535 515 455 374 390 436

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
20 86 63 24 -46
-3 2 2 -15 2
-31 -84 -75 -2 45
Net Cash Flow -14 4 -10 7 1

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0
Working Capital Days 971 72 69 79 32 31
ROCE % 16% 14% 10% 13% 13%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2024
41.57%
5.76%
3.16%
49.51%
No. of Shareholders 27,044

* 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.

Documents

Announcements

Annual reports

No data available.

DRHP

Credit ratings

Concalls