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 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 | - | - | - | -47.1% | ||||
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 ⓘ | 2.55 | - |
| PE ⓘ | 101.64 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 102.60 / 260.95 |
| All Time Low / High (₹) | 45.10 / 260.95 |
| Market Cap (₹ Cr.) | 79.7 |
| Equity (₹ Cr.) | 7.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 50.8 |
| 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
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
