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GRAVITY SILK vs ACKNIT INDUSTRIES - Comparison Results

Rs 100 invested in...

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Current Valuations

    GRAVITY SILK ACKNIT INDUSTRIES GRAVITY SILK/
ACKNIT INDUSTRIES
 
P/E (TTM) x -0.9 9.3 - View Chart
P/BV x 1.7 1.1 155.9% View Chart
Dividend Yield % 0.0 0.5 -  

Financials

 GRAVITY SILK   ACKNIT INDUSTRIES
EQUITY SHARE DATA
    GRAVITY SILK
Mar-24
ACKNIT INDUSTRIES
Mar-24
GRAVITY SILK/
ACKNIT INDUSTRIES
5-Yr Chart
Click to enlarge
High Rs6328 1.8%   
Low Rs3135 2.3%   
Sales per share (Unadj.) Rs2.5725.8 0.3%  
Earnings per share (Unadj.) Rs-6.828.1 -24.3%  
Cash flow per share (Unadj.) Rs-6.639.0 -16.9%  
Dividends per share (Unadj.) Rs01.50 0.0%  
Avg Dividend yield %00.6 0.0%  
Book value per share (Unadj.) Rs4.5259.2 1.7%  
Shares outstanding (eoy) m9.003.04 296.1%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x1.80.3 567.1%   
Avg P/E ratio x-0.78.2 -8.0%  
P/CF ratio (eoy) x-0.75.9 -11.6%  
Price / Book Value ratio x1.00.9 112.3%  
Dividend payout %05.3 -0.0%   
Avg Mkt Cap Rs m41704 5.8%   
No. of employees `000NANA-   
Total wages/salary Rs m876 10.2%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m232,207 1.0%  
Other income Rs m02 8.5%   
Total revenues Rs m232,209 1.0%   
Gross profit Rs m-78172 -45.1%  
Depreciation Rs m233 7.0%   
Interest Rs m227 6.6%   
Profit before tax Rs m-82115 -71.2%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m-2029 -68.8%   
Profit after tax Rs m-6286 -72.1%  
Gross profit margin %-344.87.8 -4,417.1%  
Effective tax rate %24.525.4 96.6%   
Net profit margin %-273.33.9 -7,052.2%  
BALANCE SHEET DATA
Current assets Rs m311,140 2.7%   
Current liabilities Rs m25743 3.4%   
Net working cap to sales %25.318.0 140.8%  
Current ratio x1.21.5 80.0%  
Inventory Days Days216 385.2%  
Debtors Days Days403557 72.3%  
Net fixed assets Rs m24416 5.7%   
Share capital Rs m9030 296.1%   
"Free" reserves Rs m-49758 -6.5%   
Net worth Rs m41788 5.2%   
Long term debt Rs m102 628.5%   
Total assets Rs m541,556 3.5%  
Interest coverage x-44.45.2 -850.7%   
Debt to equity ratio x0.20 12,174.9%  
Sales to assets ratio x0.41.4 29.3%   
Return on assets %-110.27.2 -1,521.0%  
Return on equity %-151.510.9 -1,396.1%  
Return on capital %-157.718.0 -878.6%  
Exports to sales %058.9 0.0%   
Imports to sales %04.8 0.0%   
Exports (fob) Rs mNA1,300 0.0%   
Imports (cif) Rs mNA106 0.0%   
Fx inflow Rs m01,300 0.0%   
Fx outflow Rs m0121 0.0%   
Net fx Rs m01,179 0.0%   
CASH FLOW
From Operations Rs m-1-85 1.3%  
From Investments Rs m-1-39 3.1%  
From Financial Activity Rs m-2127 -1.3%  
Net Cashflow Rs m-43 -150.0%  

Share Holding

Indian Promoters % 24.2 50.3 48.1%  
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 % 75.8 49.7 152.6%  
Shareholders   5,459 2,246 243.1%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRAVITY SILK With:   MONTE CARLO    LUX INDUSTRIES    WELSPUN LIVING    S.P. APPARELS    KPR MILL    


More on GRAVITY SILK vs ACKNIT KNIT.

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

Here's a brief comparison:

GRAVITY SILK vs ACKNIT KNIT. Share Price Performance

Period GRAVITY SILK ACKNIT KNIT.
1-Day -4.89% -1.62%
1-Month 76.51% -8.93%
1-Year 90.23% 5.93%
3-Year CAGR 19.30% 34.15%
5-Year CAGR 45.35% 36.71%

* Compound Annual Growth Rate

Here are more details on the GRAVITY SILK share price and the ACKNIT KNIT. share price.

Moving on to shareholding structures...

The promoters of GRAVITY SILK hold a 24.2% stake in the company. In case of ACKNIT KNIT. the stake stands at 50.3%.

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

Finally, a word on dividends...

In the most recent financial year, GRAVITY SILK paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of -0.0%.

ACKNIT KNIT. paid Rs 1.5, and its dividend payout ratio stood at 5.3%.

You may visit here to review the dividend history of GRAVITY SILK, and the dividend history of ACKNIT KNIT..

For a sector overview, read our textiles sector report.



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