Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ACKNIT INDUSTRIES vs IRIS CLOTHINGS - Comparison Results

Rs 100 invested in...

Loading...
DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    ACKNIT INDUSTRIES IRIS CLOTHINGS ACKNIT INDUSTRIES /
IRIS CLOTHINGS
 
P/E (TTM) x 9.8 43.6 22.4% View Chart
P/BV x 1.1 7.4 15.3% View Chart
Dividend Yield % 0.5 0.0 -  

Financials

 ACKNIT INDUSTRIES    IRIS CLOTHINGS
EQUITY SHARE DATA
    ACKNIT INDUSTRIES
Mar-24
IRIS CLOTHINGS
Mar-24
ACKNIT INDUSTRIES /
IRIS CLOTHINGS
5-Yr Chart
Click to enlarge
High Rs328486 67.5%   
Low Rs13567 201.3%   
Sales per share (Unadj.) Rs725.814.9 4,856.2%  
Earnings per share (Unadj.) Rs28.11.5 1,879.0%  
Cash flow per share (Unadj.) Rs39.02.2 1,736.5%  
Dividends per share (Unadj.) Rs1.500-  
Avg Dividend yield %0.60-  
Book value per share (Unadj.) Rs259.28.5 3,057.3%  
Shares outstanding (eoy) m3.0481.57 3.7%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x0.318.5 1.7%   
Avg P/E ratio x8.2184.7 4.5%  
P/CF ratio (eoy) x5.9123.2 4.8%  
Price / Book Value ratio x0.932.6 2.7%  
Dividend payout %5.30-   
Avg Mkt Cap Rs m70422,554 3.1%   
No. of employees `000NANA-   
Total wages/salary Rs m76215 35.2%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m2,2071,219 181.0%  
Other income Rs m21 196.8%   
Total revenues Rs m2,2091,220 181.0%   
Gross profit Rs m172263 65.5%  
Depreciation Rs m3361 54.1%   
Interest Rs m2738 70.8%   
Profit before tax Rs m115165 69.5%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m2943 67.9%   
Profit after tax Rs m86122 70.0%  
Gross profit margin %7.821.6 36.2%  
Effective tax rate %25.426.0 97.7%   
Net profit margin %3.910.0 38.7%  
BALANCE SHEET DATA
Current assets Rs m1,1401,031 110.6%   
Current liabilities Rs m743553 134.4%   
Net working cap to sales %18.039.2 45.9%  
Current ratio x1.51.9 82.3%  
Inventory Days Days64 156.0%  
Debtors Days Days5571,086 51.3%  
Net fixed assets Rs m416290 143.7%   
Share capital Rs m30163 18.6%   
"Free" reserves Rs m758528 143.4%   
Net worth Rs m788692 113.9%   
Long term debt Rs m20-   
Total assets Rs m1,5561,320 117.9%  
Interest coverage x5.25.3 98.5%   
Debt to equity ratio x00-  
Sales to assets ratio x1.40.9 153.6%   
Return on assets %7.212.2 59.6%  
Return on equity %10.917.7 61.5%  
Return on capital %18.029.4 61.1%  
Exports to sales %58.90-   
Imports to sales %4.80-   
Exports (fob) Rs m1,300NA-   
Imports (cif) Rs m106NA-   
Fx inflow Rs m1,3000-   
Fx outflow Rs m1210-   
Net fx Rs m1,1790-   
CASH FLOW
From Operations Rs m-8517 -498.2%  
From Investments Rs m-39-27 144.4%  
From Financial Activity Rs m12710 1,237.0%  
Net Cashflow Rs m30 1,100.0%  

Share Holding

Indian Promoters % 50.3 70.9 71.0%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.0 0.0 -  
FIIs % 0.0 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 49.7 29.1 170.9%  
Shareholders   2,246 11,307 19.9%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare ACKNIT INDUSTRIES With:   MONTE CARLO    LUX INDUSTRIES    KPR MILL    PDS MULTI.    S.P. APPARELS    


More on ACKNIT KNIT. vs IRIS CLOTHINGS

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

ACKNIT KNIT. vs IRIS CLOTHINGS Share Price Performance

Period ACKNIT KNIT. IRIS CLOTHINGS
1-Day 5.24% -0.13%
1-Month 0.79% -3.09%
1-Year 8.23% -22.18%
3-Year CAGR 34.35% -32.91%
5-Year CAGR 38.50% 13.83%

* Compound Annual Growth Rate

Here are more details on the ACKNIT KNIT. share price and the IRIS CLOTHINGS share price.

Moving on to shareholding structures...

The promoters of ACKNIT KNIT. hold a 50.3% stake in the company. In case of IRIS CLOTHINGS the stake stands at 70.9%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of ACKNIT KNIT. and the shareholding pattern of IRIS CLOTHINGS.

Finally, a word on dividends...

In the most recent financial year, ACKNIT KNIT. paid a dividend of Rs 1.5 per share. This amounted to a Dividend Payout ratio of 5.3%.

IRIS CLOTHINGS paid Rs 0.0, and its dividend payout ratio stood at 0.0%.

You may visit here to review the dividend history of ACKNIT KNIT., and the dividend history of IRIS CLOTHINGS.

For a sector overview, read our textiles sector report.



Today's Market

Sensex Today Rallies 993 Points | Nifty Above 24,200 | 3 Reasons Why Indian Share Market is Rising Sensex Today Rallies 993 Points | Nifty Above 24,200 | 3 Reasons Why Indian Share Market is Rising(Closing)

After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.