pocketful logo
Acknit Industries Ltd logo

Acknit Industries Ltd

NSE: BSE: 530043

246.60

(-11.76%)

Wed, 11 Mar 2026, 04:35 pm

Acknit Industries Analysis

dividend

thumbs up icon

Pros

  • Dividends paid are thoroughly covered by earnings (10.9x coverage).
  • Dividends per share have been stable in the past 10 years.
  • Acknit Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
thumbs up icon

Cons

  • No dividend growth in 10 years.
  • Acknit Industries's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

thumbs up icon

Pros

  • Acknit Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Acknit Industries is profitable, therefore cash runway is not a concern.
  • Acknit Industries is profitable, therefore cash runway is not a concern.
  • Debt is covered by short term assets, assets are 1.6x debt.
  • Acknit Industries's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (180.8% vs 119.4% today).
thumbs up icon

Cons

  • Debt is not well covered by operating cash flow (12.6%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
  • Acknit Industries's level of debt (119.4%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

thumbs up icon

Pros

  • The tenure for the Acknit Industries board of directors is about average.
thumbs up icon

Cons

  • Shri's remuneration is higher than average for companies of similar size in India.
  • Shri's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.

misc

thumbs up icon

Pros

    thumbs up icon

    Cons

    • Acknit Industries is not covered by any analysts.
    • Acknit Industries has significant price volatility in the past 3 months.

    past

    thumbs up icon

    Pros

    • Acknit Industries's 1-year earnings growth exceeds its 5-year average (14.4% vs 11.7%)
    • Acknit Industries's year on year earnings growth rate has been positive over the past 5 years.
    • Acknit Industries used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
    • Acknit Industries's earnings growth has exceeded the IN Luxury industry average in the past year (14.4% vs 8.3%).
    thumbs up icon

    Cons

    • Acknit Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
    • Acknit Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

    value

    thumbs up icon

    Pros

    • Acknit Industries is good value based on assets compared to the IN Luxury industry average.
    • Acknit Industries is good value based on earnings compared to the IN Luxury industry average.
    • Acknit Industries is good value based on earnings compared to the India market.
    • BSE:530043 is up 19.7% outperforming the Luxury industry which returned 9.8% over the past month.
    • BSE:530043 is up 19.7% outperforming the market in India which returned 8% over the past month.
    thumbs up icon

    Cons

    • Acknit Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • Acknit Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • 530043 underperformed the Luxury industry which returned -22.1% over the past year.
    • 530043 underperformed the Market in India which returned -14.5% over the past year.

    Open Your Free Demat Account Now!

    Step into a world of zero fees and limitless opportunities!

    pocketful logo

    2022-25 Pocketful. All rights reserved, Built with in India

    Version -5.76

    app image 1app image 2

    Explore

    Calculatorsfooter arrow down icon
    Popular Calculatorsfooter arrow down icon
    Group Stocksfooter arrow down icon

    Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800