Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.59 | 44.76 | 46.30 | 40.38 | 33.75 | 29.61 | 29.56 | 28.56 | 23.23 | 18.19 | 16.39 | 20.72 |
| Expenses | 35.99 | 43.93 | 45.98 | 39.78 | 33.38 | 29.47 | 29.06 | 28.52 | 22.84 | 18.68 | 16.15 | 20.44 |
| Operating Profit | 0.60 | 0.83 | 0.32 | 0.60 | 0.37 | 0.14 | 0.50 | 0.04 | 0.39 | -0.49 | 0.24 | 0.28 |
| OPM % | 1.64% | 1.85% | 0.69% | 1.49% | 1.10% | 0.47% | 1.69% | 0.14% | 1.68% | -2.69% | 1.46% | 1.35% |
| Other Income | 0.12 | 0.11 | 0.50 | 0.03 | 0.16 | 0.35 | 0.06 | 0.32 | 0.01 | 0.82 | 0.01 | 0.00 |
| Interest | 0.31 | 0.31 | 0.29 | 0.29 | 0.30 | 0.26 | 0.18 | 0.22 | 0.22 | 0.17 | 0.15 | 0.14 |
| Depreciation | 0.03 | 0.05 | 0.09 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 0.38 | 0.58 | 0.44 | 0.30 | 0.19 | 0.19 | 0.34 | 0.11 | 0.15 | 0.14 | 0.08 | 0.12 |
| Tax % | 26.32% | 20.69% | 38.64% | 26.67% | 21.05% | 21.05% | 17.65% | 36.36% | 26.67% | 28.57% | 25.00% | 25.00% |
| Net Profit | 0.28 | 0.47 | 0.27 | 0.22 | 0.15 | 0.15 | 0.27 | 0.08 | 0.11 | 0.10 | 0.07 | 0.09 |
| EPS in Rs | 0.10 | 0.15 | 0.09 | 0.08 | 0.05 | 0.05 | 0.08 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 117.80 | 66.38 | 104.38 | 186.34 | 221.03 | 183.58 | 132.69 | 84.57 | 78.53 |
| Expenses | 114.81 | 65.94 | 101.70 | 183.08 | 217.73 | 180.63 | 130.55 | 84.27 | 78.11 |
| Operating Profit | 2.99 | 0.44 | 2.68 | 3.26 | 3.30 | 2.95 | 2.14 | 0.30 | 0.42 |
| OPM % | 2.54% | 0.66% | 2.57% | 1.75% | 1.49% | 1.61% | 1.61% | 0.35% | 0.53% |
| Other Income | 0.61 | 3.23 | 0.20 | 0.46 | 1.11 | 0.70 | 0.27 | 1.11 | 0.84 |
| Interest | 1.60 | 1.58 | 0.94 | 1.14 | 1.25 | 1.47 | 1.18 | 0.83 | 0.68 |
| Depreciation | 0.49 | 0.58 | 0.17 | 0.16 | 0.18 | 0.21 | 0.16 | 0.11 | 0.09 |
| Profit before tax | 1.51 | 1.51 | 1.77 | 2.42 | 2.98 | 1.97 | 1.07 | 0.47 | 0.49 |
| Tax % | 28.48% | 28.48% | 23.16% | 19.83% | 17.11% | 22.34% | 19.63% | 29.79% | |
| Net Profit | 1.08 | 1.09 | 1.37 | 1.94 | 2.48 | 1.54 | 0.86 | 0.33 | 0.37 |
| EPS in Rs | 0.34 | 0.34 | 0.43 | 0.61 | 0.81 | 0.51 | 0.27 | 0.10 | 0.11 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -4% | -27% | -35% | ||
| Compounded Profit Growth | % | % | % | -44% | ||
| Stock Price CAGR | % | -2% | -27% | -26% | ||
| Return on Equity | % | 3% | 1% | -1% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.62 | 10.59 | 10.59 | 31.78 | 31.78 | 31.78 | 31.78 | |
| Reserves | 13.07 | 10.49 | 12.51 | 19.31 | 20.80 | 21.13 | 21.72 | |
| Borrowings | 9.96 | 10.05 | 12.70 | 12.38 | 14.17 | 11.33 | 5.79 | |
| Other Liabilities | 1.77 | 4.46 | 9.20 | 9.11 | 12.12 | 14.60 | 2.61 | |
| Total Liabilities | 31.42 | 35.59 | 45.00 | 72.58 | 78.87 | 78.84 | 61.90 | |
| Fixed Assets | 0.87 | 0.69 | 0.58 | 0.71 | 2.35 | 2.19 | 0.93 | |
| CWIP | 0.00 | 1.18 | 1.80 | 1.97 | 2.00 | 0.00 | 0.00 | |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Assets | 30.55 | 33.72 | 42.62 | 69.90 | 74.52 | 76.65 | 60.97 | |
| Total Assets | 31.42 | 35.59 | 45.00 | 72.58 | 78.87 | 78.84 | 61.90 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 11.10 | -1.46 | -0.15 | -18.25 | -3.04 | 1.21 | 3.99 | |
| Cash from Investing Activity | 10.18 | -1.16 | 0.49 | 0.07 | -1.18 | 0.10 | 1.29 | |
| Cash from Financing Activity | -20.71 | -0.65 | 1.80 | 26.16 | -3.04 | -3.26 | -6.25 | |
| Net Cash Flow | 0.58 | -3.27 | 2.14 | 7.99 | -7.25 | -1.95 | -0.97 | |
| Free Cash Flow | 20.96 | -2.64 | -0.77 | -18.55 | -4.91 | 1.20 | 5.25 | |
| CFO/OP | 2,593% | -41% | 1% | -543% | -92% | 61% | 1,330% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 94.58 | 81.83 | 63.29 | 72.79 | 67.72 | 80.87 | 56.06 | |
| Inventory Days | 18.63 | 11.85 | 6.73 | 20.39 | 16.51 | 22.55 | 11.33 | |
| Days Payable | 5.68 | 11.29 | 12.57 | 13.99 | 16.51 | 27.08 | 4.75 | |
| Cash Conversion Cycle | 107.52 | 82.38 | 57.45 | 79.19 | 67.72 | 76.34 | 62.64 | |
| Working Capital Days | 87.54 | 68.75 | 36.98 | 62.93 | 91.04 | 137.26 | 227.49 | |
| ROCE % | 8.90% | 10.62% | 8.53% | 5.46% | 3.45% | 0.79% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 57.84% | 57.84% | 57.84% | 54.32% | 51.49% | 51.49% | 37.60% | 37.60% | 37.60% | 37.60% | 37.60% | 50.69% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.49% | 1.49% | 1.49% | 1.49% |
| Public | 42.16% | 42.16% | 42.16% | 45.68% | 48.51% | 48.51% | 62.40% | 62.40% | 60.91% | 60.91% | 60.91% | 47.82% |
| No. of Shareholders | 2,793 | 4,303 | 9,279 | 9,018 | 11,838 | 11,705 | 11,407 | 11,306 | 11,278 | 10,970 | 10,571 | 10,387 |
Fundamentals
Market Cap₹ 31.1 Cr.
Current Price₹ 9.80
Stock P/E84.2
Book Value₹ 16.8
ROCE0.79 %
ROE-1.18 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-35%
Compounded Profit Growth (TTM)-44%
Consolidated figures.
Valuation
Market capRs 31 Cr
Enterprise valueRs 42 Cr
P/E (TTM)83.39x
Price to book0.59x
Price to sales0.39x
EV / EBITDA33.38x
EV / EBIT35.94x
EV / sales0.54x
Earnings yield1.20%
P/E, 3-year average27.76x
P/B, 3-year average1.27x
P/E, 5-year average22.32x
P/B, 5-year average1.12x
Profitability
Operating margin (excl. other income)1.61%
Operating margin (incl. other income)1.99%
EBITDA margin1.60%
Pre-tax margin0.62%
Net profit margin0.47%
Net margin, latest quarter0.43%
ROE3.11%
ROCE5.28%
ROA2.13%
ROE, 3-year average6.27%
ROCE, 3-year average8.15%
ROA, 3-year average3.77%
ROE, 5-year average6.21%
ROCE, 5-year average8.76%
ROA, 5-year average3.77%
ROIC (approx.)1.42%
Tax rate22.34%
Other income / net worth1.33%
Growth
Sales growth (latest year)-16.94%
Profit growth (latest year)-37.35%
Sales CAGR, 3 years20.71%
Sales CAGR, 5 years9.28%
Profit CAGR, 3 years5.53%
Profit CAGR, 5 years8.31%
Sales growth QoQ26.42%
Profit growth QoQ28.57%
Sales growth YoY (latest quarter)-27.45%
Profit growth YoY (latest quarter)12.50%
Per share
EPS (TTM)Rs 0.12
EPS (latest year)Rs 0.51
EPS (latest quarter)Rs 0.03
EPS, 3-year averageRs 1.05
EPS, 5-year averageRs 1.22
Book value per shareRs 16.55
Sales per shareRs 24.71
Cash flow per shareRs -0.96
Free cash flow per shareRs 1.65
Efficiency
Asset turnover2.33x
Fixed asset turnover78.12x
Inventory turnover22.60x
Inventory days16 days
Debtor days68 days
Debtors turnover5.39x
Creditor days5 days
Cash conversion cycle63 days
Working capital days227 days
Leverage
Total debtRs 14 Cr
Cash and bankRs 3 Cr
Net debtRs 11 Cr
Debt to equity0.27x
Net debt / EBITDA8.89x
Interest coverage1.72x
Owners' fund to total sources66.67%
Debt to assets17.97%
Cash flow
Cash from Operating Activity (latest year)Rs -3 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs -7 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 7 Cr
Cash from ops / profit, 5 years-2.27x
Statement figures
Net sales (TTM)Rs 79 Cr
Net sales (latest year)Rs 184 Cr
Sales (latest quarter)Rs 21 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 174 Cr
Total expenditure (latest year)Rs 181 Cr
Total income (latest year)Rs 184 Cr
Share capitalRs 32 Cr
ReservesRs 21 Cr
Shareholders' fundsRs 53 Cr
Total assetsRs 79 Cr
Net blockRs 2 Cr
Capital work in progressRs 2 Cr
ReceivablesRs 34 Cr
InventoryRs 8 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)3.18
Ownership
Promoter holding50.69% (+13.09 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 83.4 is at the 65th percentile of its own 5.4-year range
(median 69.1, low 27.9, high 183.5).
P/B 0.59 is at the 4th percentile (median 2.76).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | AKG | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.5% | -2.8% | +2.3 pts |
| 1 month | +5.7% | -6.8% | +12.5 pts |
| 3 months | -11.6% | -7.6% | -4.0 pts |
| 6 months | +5.2% | +0.4% | +4.8 pts |
| 1 year | -26.4% | -9.9% | -16.5 pts |
| 2 years | -53.6% | -13.6% | -40.0 pts |
| 3 years | -61.1% | +14.2% | -75.3 pts |
| 5 years | -60.4% | +27.9% | -88.3 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -350% of net profit over the last 3 years |
| look | On NSE surveillance On NSE surveillance: ASM long-term |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹21 Cr -27.5% vs Jun 2025.
Net profit ₹0 Cr +12.5%.
Activity
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|---|---|---|---|
| Redington Ltd | 31,697 | 17.6 | 18.4 % |
| MMTC Ltd | 8,514 | 42.3 | 8.67 % |
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| Creative Newtech Ltd | 1,646 | 22.3 | 18.8 % |
| Pervasive Commodities Ltd | 1,049 | 22.1 % | |
| RRP Defense Ltd | 843 | -11.1 % | |
| Yamuna Syndicate Ltd | 784 | 8.56 | 4.17 % |
| Shiv Aum Steels Ltd | 742 | 77.9 | 8.20 % |
| State Trading Corporation of India Ltd | 644 | 13.3 | % |
| Arvaya Healthcare Ltd | 600 | 451 | % |
| SMT Engineering Ltd | 596 | 24.3 | 25.4 % |
| HP Telecom India Ltd | 528 | 20.7 | 19.9 % |
| Riddhi Siddhi Gluco Biols Ltd | 527 | 37.2 | 2.74 % |
| Oswal Agro Mills Ltd | 474 | 2.03 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-17 | Annual General Meeting | |
| 2023-09-20 | Annual General Meeting | |
| 2022-12-16 | Rights 2:1 @ Premium Rs 2/- | |
| 2022-09-22 | Annual General Meeting | |
| 2021-09-22 | Annual General Meeting |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysLong Term Additional Surveillance Measure (Long Term ASM): stage 1Scrip PE is greater than 50 (4 trailing quarters)