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    Akshar Spintex Ltd logo

    Akshar Spintex Ltd

    NSE: AKSHAR BSE: 541303

    0.40

    (0%)

    Fri, 13 Mar 2026, 09:18 am

    Akshar Spintex Analysis

    dividend

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    Pros

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      Cons

      • Unable to evaluate Akshar Spintex's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
      • Unable to evaluate Akshar Spintex's dividend against the top 25% market benchmark as the company has not reported any payouts.

      health

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      Pros

      • Akshar Spintex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
      • Akshar Spintex has been profitable on average in the past, therefore cash runway is not a concern.
      • Akshar Spintex has been profitable on average in the past, therefore cash runway is not a concern.
      • Debt is well covered by operating cash flow (26.5%, greater than 20% of total debt).
      • Akshar Spintex's cash and other short term assets cover its long term commitments.
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      Cons

      • Debt is not covered by short term assets, assets are 0.7x debt.
      • Akshar Spintex is making a loss, therefore interest payments are not well covered by earnings.
      • Akshar Spintex's level of debt (82.9%) compared to net worth is high (greater than 40%).
      • High level of physical assets or inventory.

      management

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      Pros

      • Ashokbhai's remuneration is lower than average for companies of similar size in India.
      • The tenure for the Akshar Spintex management team is about average.
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      Cons

      • The average tenure for the Akshar Spintex board of directors is less than 3 years, this suggests a new board.
      • Ashokbhai's compensation has increased whilst company is loss making.

      misc

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      Pros

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        Cons

        • Akshar Spintex is not covered by any analysts.
        • Akshar Spintex's last earnings update was 215 days ago.
        • Akshar Spintex has significant price volatility in the past 3 months.

        past

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        Pros

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          Cons

          • Unable to compare Akshar Spintex's 1-year earnings growth to the 5-year average as it is not currently profitable.
          • Akshar Spintex does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
          • Akshar Spintex used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
          • It is difficult to establish if Akshar Spintex improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
          • It is difficult to establish if Akshar Spintex has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
          • Unable to compare Akshar Spintex's 1-year growth to the IN Luxury industry average as it is not currently profitable.

          value

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          Pros

          • Akshar Spintex's share price is below the future cash flow value, and at a moderate discount (> 20%).
          • Akshar Spintex's share price is below the future cash flow value, and at a substantial discount (> 40%).
          • Akshar Spintex is good value based on assets compared to the IN Luxury industry average.
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          Cons

          • Akshar Spintex is loss making, we can't compare its value to the IN Luxury industry average.
          • Akshar Spintex is loss making, we can't compare the value of its earnings to the India market.
          • 541303 underperformed the Luxury industry which returned -22.1% over the past year.
          • 541303 underperformed the Market in India which returned -14.5% over the past year.
          • BSE:541303 is down -14% underperforming the Luxury industry which returned 9.8% over the past month.
          • BSE:541303 is down -14% underperforming the market in India which returned 8% over the past month.

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