BSE: 543453 | NSE: | Wood & Wood Products | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Alkosign Ltd is a below average quality company.
The key valuation ratios of Alkosign Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Alkosign Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 5.8% | -2.9% | 3.7% | 6.2% | - |
| Value Creation Index ⓘ | -0.6 | -1.2 | -0.7 | -0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 13.2 | 10.2 | 21.4 | 35.7 | 36 |
| Sales YoY Gr. | - | -23.3% | 110.4% | 66.9% | - |
| Adj EPS ⓘ | 10.6 | -2.4 | -1.1 | 0.8 | 1.1 |
| YoY Gr. | - | -122.9% | NA | NA | - |
| BVPS (₹) ⓘ | 11 | 23.2 | 22.3 | 40.6 | 43.4 |
| Adj Net Profit ⓘ | 0.7 | -1.3 | -0.6 | 0.6 | 1 |
| Cash Flow from Ops. ⓘ | -3.9 | -0.8 | -2.7 | -0.8 | - |
| Debt/CF from Ops. ⓘ | -5.2 | -21.5 | -7.5 | -17.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 39.2% | 66.9% | ||||
| Adj EPS ⓘ | NA | NA | -57.2% | NA | ||||
| BVPSⓘ | NA | NA | 54.4% | 81.9% | ||||
| Share Price | - | - | - | -39.8% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 96 | -19.9 | -4.6 | 2.9 | 2.6 |
| Op. Profit Mgn % ⓘ | 10.5 | 9.8 | 13.2 | 12.6 | 18.6 |
| Net Profit Mgn % ⓘ | 4.9 | -13 | -2.7 | 1.7 | 2.2 |
| Debt to Equity ⓘ | 30.4 | 1.3 | 1.7 | 0.5 | - |
| Working Cap Days ⓘ | 0 | 275 | 198 | 209 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 186 | 136 | 139 | 0 |
Return on Equity has increased versus last 3 years average to 2.60%
Sales growth is growing at healthy rate in last 3 years 39.17%
Debt to equity has declined versus last 3 years average to 0.47
Net Profit has been subdued in last 3 years -57.22%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 1.1 | - |
| TTM Sales (₹ Cr.) | 35.7 | - |
| BVPS (₹.) ⓘ | 43.4 | - |
| Reserves (₹ Cr.) ⓘ | 24 | - |
| P/BV ⓘ | 2.96 | - |
| PE ⓘ | 118.16 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 102.60 / 230.00 |
| All Time Low / High (₹) | 45.10 / 260.95 |
| Market Cap (₹ Cr.) | 92.6 |
| Equity (₹ Cr.) | 7.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 54 |
| Pledged * | 0.00 | 0.00 | 0.30 | 0.43 | 0.43 | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 13.24 | 10.16 | 21.38 | 35.69 |
| Operating Expenses ⓘ | 11.85 | 9.29 | 18.55 | 31.18 |
| Manufacturing Costs | 0.15 | 0.36 | 1.28 | 2.74 |
| Material Costs | 7.17 | 5.69 | 12.90 | 21.33 |
| Employee Cost | 2.45 | 2.22 | 3.36 | 4.77 |
| Other Costs ⓘ | 2.08 | 1.02 | 1.01 | 2.34 |
| Operating Profit ⓘ | 1.39 | 0.87 | 2.83 | 4.50 |
| Operating Profit Margin (%) | 10.5% | 8.6% | 13.2% | 12.6% |
| Other Income ⓘ | 0.03 | 0.06 | 0.25 | 0.28 |
| Interest ⓘ | 0.31 | 0.84 | 1.51 | 1.67 |
| Depreciation ⓘ | 0.20 | 1.66 | 1.95 | 2.45 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.92 | -1.57 | -0.38 | 0.67 |
| Tax ⓘ | 0.25 | -0.19 | 0.08 | -0.12 |
| Profit After Tax | 0.66 | -1.38 | -0.46 | 0.78 |
| PAT Margin (%) | 5.0% | -13.6% | -2.1% | 2.2% |
| Adjusted EPS (₹) | 10.9 | -2.5 | -0.8 | 1.1 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 9% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0.67 | 12.61 | 12.16 | 29.22 | ||||||
| Share Capital ⓘ | 0.01 | 5.45 | 5.45 | 7.20 | ||||||
| Reserves ⓘ | 0.66 | 7.17 | 6.71 | 22.02 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 20.47 | 14.51 | 19.67 | 13.60 | ||||||
| Long Term Debt | 9.44 | 6.32 | 7.01 | 6.31 | ||||||
| Short Term Debt | 11.03 | 8.18 | 12.66 | 7.28 | ||||||
| Trade Payables | 1.94 | 0.49 | 1.15 | 5.72 | ||||||
| Others Liabilities ⓘ | 0.42 | 1.74 | 1.70 | 1.17 | ||||||
| Total Liabilities ⓘ | 23.51 | 29.35 | 34.68 | 49.70 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 1.75 | 17.80 | 22.14 | 23.10 | ||||||
| Accumulated Depreciation | 0.20 | 1.85 | 3.79 | 6.17 | ||||||
| Net Fixed Assetsⓘ | 1.56 | 15.95 | 18.35 | 16.93 | ||||||
| CWIP ⓘ | 14.28 | 0 | 0 | 0.61 | ||||||
| Investmentsⓘ | 0.10 | 0.10 | 0.10 | 0.10 | ||||||
| Inventories | 2.26 | 3.15 | 9.46 | 16.25 | ||||||
| Trade Receivables | 4.99 | 2.33 | 2.76 | 5.63 | ||||||
| Cash Equivalents | 0.11 | 5.46 | 0.88 | 6.56 | ||||||
| Others Assetsⓘ | 0.20 | 2.36 | 3.13 | 3.62 | ||||||
| Total Assets ⓘ | 23.51 | 29.35 | 34.68 | 49.70 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -3.93 | -0.75 | -2.74 | -0.81 |
| PBT ⓘ | 0.92 | -1.57 | -0.38 | 0.67 |
| Adjustment ⓘ | 0.51 | 2.50 | 3.43 | 4.08 |
| Changes in Working Capital ⓘ | -5.2 | -1.59 | -5.78 | -5.65 |
| Tax Paid ⓘ | -0.15 | -0.09 | 0 | 0.10 |
| Cash Flow From Investing Activity ⓘ | -16.14 | -1.93 | -4.70 | -1.57 |
| Capex | -16.04 | -1.78 | -4.35 | -1.59 |
| Net Investments | -0.10 | 0 | 0 | 0 |
| Others ⓘ | 0 | -0.15 | -0.35 | 0.03 |
| Cash Flow From Financing Activityⓘ | 20.17 | 8.03 | 2.86 | 8.05 |
| Net Proceeds from Shares ⓘ | 0.01 | 2.74 | 0 | 16.28 |
| Net Proceeds from Borrowing ⓘ | 0 | -3.12 | 12.28 | -0.70 |
| Interest Paid ⓘ | -0.31 | -0.84 | -1.51 | -1.67 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 20.47 | 9.26 | -7.92 | -5.86 |
| Net Cash Flow ⓘ | 0.11 | 5.35 | -4.58 | 5.68 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 98.52 | -20.76 | -3.68 | 3.79 | ||||||
| ROCE (%) | 5.81 | -2.93 | 3.69 | 6.18 | ||||||
| Asset Turnover Ratio | 0.56 | 0.38 | 0.67 | 0.85 | ||||||
| PAT to CFO Conversion(x) | -5.95 | N/A | N/A | -1.04 | Working Capital Days | |||||
| Receivable Days | 138 | 132 | 43 | 43 | ||||||
| Inventory Days | 62 | 97 | 108 | 131 | ||||||
| Payable Days | 99 | 78 | 23 | 59 | ||||||
Alkosign is the biggest manufacturers of Writing & Display Systems in India.The company has a manufacturing facility situated at Saravli, Bhiwandi. The company’s manufacturing facility is well equipped with required facilities including machinery, other handling equipments to facilitate smooth manufacturing process and easy logistics.
The company has several designs in its product basket, which are marketed under various trademarks such as “Alkosign”, “Sit and Study”, “Brainee”, “Glassy-BO”, “Ultra- EX”, “Ultra”. It focuses its research and development efforts on developing products which are innovative and in line with the trends. It has introduced a new product, Glass White Boards, under the brand name, “Glassy-BO”. Some of the key features of this product include: 1) Compatible with any marker pen 2) Wipes away easily without staining or ghosting. 3) Lasts as much as life span of the wall.
The company caters to distribute its products vide “Dealer Distribution Network”. It also supplies its products to various educational institutions directly on purchase order basis. Its ability to meet stringent quality and technical specifications, introduce designs to meet evolving customer preferences and state-of-the-art manufacturing facilities, upgrade in-house processes to increase efficiencies have enabled it to establish its brand in the industry.
Business area of the company
Alkosign is engaged in manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories and stands used for these boards, school benches and desks and their accessories.
Key Events/Milestones/Achievements
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