Aksh Optifibre Ltd

Aksh Optifibre Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aksh Optifibre Ltd

₹ 10.3 2.48%
03 Dec - close price
akshoptifibre.com BSE: 532351 NSE: AKSHOPTFBR
About

Incorporated in 1986, Aksh Optifibre Ltd does manufacturing and selling of Optical Fibre, Optical Fibre Cable, Fibre Reinforced Plastic Rods, Impregnated Glass Roving Reinforcement and ophthalmic lens. It also provides E Governance and FTTH services[1]

Key Points

Business Overview:[1][2]
AOL is a ISO 9001 and ISO 14001 certified company. It manufactures optical fibre, optical fibre cables like aerial, duct, armoured, indoor and outdoor FTTH drop cables meeting ITU-T standards. Company supplies FRP rod to optical fibre cable manufacturers in 56 countries. Also, company is undertaking e-governance services, which includes 10,000 plus e-Governance kiosks in Rajasthan and is providing smart city/ turnkey solutions, which includes installation and managing of OFC turnkey of 350 km in Jaipur smart city project

Website BSE NSE
  • Market Cap ₹ 168 Cr.
  • Current Price ₹ 10.3
  • High / Low ₹ 15.8 / 7.84
  • Stock P/E
  • Book Value ₹ 1.53
  • Dividend Yield 0.00 %
  • ROCE -33.3 %
  • ROE -136 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Debtor days have improved from 60.1 to 40.2 days.

Cons

  • Stock is trading at 6.76 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -0.65%
  • The company has delivered a poor sales growth of -16.1% over past five years.
  • Promoter holding is low: 25.2%
  • Company has a low return on equity of -28.8% over last 3 years.
  • Contingent liabilities of Rs.129 Cr.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 23.1 days to 129 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

Sector: Cables Industry: Cables - Telephone

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
74.34 79.12 88.18 79.93 58.69 68.32 79.57 57.93 60.34 51.72 50.29 41.95 26.12
63.05 67.02 73.17 65.40 50.45 55.95 67.03 50.19 58.31 48.69 51.05 42.35 30.05
Operating Profit 11.29 12.10 15.01 14.53 8.24 12.37 12.54 7.74 2.03 3.03 -0.76 -0.40 -3.93
OPM % 15.19% 15.29% 17.02% 18.18% 14.04% 18.11% 15.76% 13.36% 3.36% 5.86% -1.51% -0.95% -15.05%
0.69 2.19 0.40 0.45 0.62 0.50 -13.01 0.18 6.64 1.67 -58.58 0.20 2.50
Interest 6.52 6.52 5.68 5.33 5.38 3.30 4.44 4.14 3.84 3.38 4.44 3.34 2.22
Depreciation 6.09 5.97 5.86 5.91 6.15 6.30 6.21 5.59 5.50 5.45 4.69 3.04 3.22
Profit before tax -0.63 1.80 3.87 3.74 -2.67 3.27 -11.12 -1.81 -0.67 -4.13 -68.47 -6.58 -6.87
Tax % 147.62% 95.56% 56.85% 56.95% 0.00% 63.61% 20.77% -0.55% 635.82% 1.94% -11.83% -16.26% 32.02%
-1.56 0.07 1.68 1.61 -2.67 1.19 -13.44 -1.80 -4.93 -4.21 -60.37 -5.52 -9.06
EPS in Rs -0.10 0.00 0.10 0.10 -0.16 0.07 -0.83 -0.11 -0.30 -0.26 -3.71 -0.34 -0.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
257 239 356 449 489 618 530 300 272 316 286 220 170
219 204 307 372 439 544 447 294 247 266 239 268 172
Operating Profit 38 35 49 77 50 74 84 7 26 51 48 -47 -2
OPM % 15% 14% 14% 17% 10% 12% 16% 2% 9% 16% 17% -22% -1%
8 9 5 -12 4 1 6 -317 3 5 -11 9 -54
Interest 4 7 11 15 15 19 32 31 29 26 18 16 13
Depreciation 17 15 17 21 22 24 30 25 25 24 25 21 16
Profit before tax 26 22 26 29 18 33 27 -366 -25 6 -7 -75 -86
Tax % 0% 0% 3% 13% 47% 36% 61% -2% 1% 107% 100% -5%
26 22 25 26 10 21 11 -359 -25 -0 -14 -71 -79
EPS in Rs 1.74 1.46 1.67 1.57 0.59 1.28 0.66 -22.08 -1.56 -0.03 -0.83 -4.38 -4.87
Dividend Payout % 0% 22% 0% 0% 0% 23% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -16%
3 Years: -7%
TTM: -36%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -109%
Stock Price CAGR
10 Years: -5%
5 Years: 9%
3 Years: 6%
1 Year: 1%
Return on Equity
10 Years: -1%
5 Years: -20%
3 Years: -29%
Last Year: -136%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 96 96 98 103 81 81 81 81 81 81 81 81 81
Reserves 287 279 311 357 381 402 412 46 22 22 -6 -41 -57
17 135 142 109 150 270 310 269 245 210 183 102 83
147 70 98 104 146 187 200 200 165 164 118 189 205
Total Liabilities 548 581 649 673 758 941 1,003 597 513 477 376 331 313
107 98 123 108 119 248 244 260 238 215 191 122 115
CWIP 149 161 147 151 170 165 240 94 92 92 92 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
292 322 380 414 469 528 519 243 183 170 94 210 197
Total Assets 548 581 649 673 758 941 1,003 597 513 477 376 331 313

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-6 4 29 39 83 26 88 119 65 57 46 46
15 -16 -25 -13 -64 -124 -94 -44 4 1 -3 -19
-8 11 -0 -27 -20 102 2 -72 -73 -54 -45 -28
Net Cash Flow 1 -1 4 -1 -0 4 -4 4 -3 4 -2 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 118 65 153 135 141 145 132 121 103 91 50 40
Inventory Days 58 65 48 34 55 52 150 135 122 94 50 54
Days Payable 117 110 101 100 118 104 144 191 228 191 107 150
Cash Conversion Cycle 59 19 100 69 79 94 137 65 -3 -6 -8 -55
Working Capital Days 188 320 257 215 177 154 170 -8 -19 -21 -39 129
ROCE % 6% 5% 7% 9% 6% 8% 7% -3% 1% 9% 9% -33%

Shareholding Pattern

Numbers in percentages

9 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
27.95% 27.95% 27.95% 27.95% 27.95% 27.95% 27.18% 26.95% 26.77% 26.14% 25.90% 25.25%
0.27% 0.30% 0.25% 0.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00%
71.79% 71.76% 71.81% 71.96% 72.05% 72.04% 72.82% 73.05% 73.23% 73.86% 74.11% 74.76%
No. of Shareholders 68,72374,96374,35874,16472,32170,44668,95869,41767,93169,43568,25469,401

* 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

Credit ratings

Concalls

  • Mar 2018
    Transcript
    Notes
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