AKI India Limited
NSE: AKI · Leather And Leather Products · sector
₹5.40NSE close 2026-10-26
Key numbers
Market cap₹56 cr
Price₹5.40
52w high / low₹9 / ₹4
P/E18.6xSector median 18.6x
P/B0.6xSector median 1.3x
Book value₹9.7
Dividend yield–Sector median 0.57%
ROE3.6%Sector median 1.9%
ROCE4.9%Sector median 4.9%
OPM-2.3%Sector median 6.0%
Debt / equity0.21xSector median 0.25x
EV/EBITDA–Sector median 13.9x
Interest cover2.9x
Current ratio2.24x
Sales growth 3y–Sector median +2.3%
Profit growth 3y–Sector median -4.8%
PEG0.18x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Leather And Leather Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹5 cr vs borrowings ₹21 cr (FY26): borrowings are higher by ₹17 cr.
- Operating profit covered interest 2.9x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 3 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 361% of net profit in the last 12 months.
- No dividend in the last 3 financial years.
- Price ₹5.40 on 2026-10-26: -39.0% from the 52-week high, +42.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹21.89 · low ₹4.15
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 23 | 24 | 18 | 28 | 26 | 37 | 29 |
| EBITDA | 0 | 1 | -2 | -1 | 0 | -2 | -1 | -0 |
| OPM % | 3.3% | 2.4% | -6.9% | -3.8% | 1.6% | -6.7% | -3.8% | -0.3% |
| Other income | 1 | 1 | 3 | 2 | 1 | 4 | 4 | 2 |
| Net profit | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| EPS (₹) | 0.06 | 0.16 | 0.02 | 0.02 | 0.06 | 0.11 | 0.07 | 0.05 |
| Revenue YoY | +102.9% | +13.0% | +52.3% | +64.4% | ||||
| Profit YoY | +59.0% | +51.4% | +484.6% | +121.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 71 | 81 | 107 | 119 |
| EBITDA | 2 | -0 | -4 | -3 |
| Net profit | 1 | 2 | 2 | 3 |
| EPS (₹) | 0.16 | 0.19 | 0.19 | 0.29 |
| Revenue growth | +14.2% | +32.6% | +52.5% | |
| Profit growth | +21.7% | +14.9% | +102.4% | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +52.5% |
| Net profit | – | – | +102.4% |
| EPS | – | – | – |
| Share price | – | -44.1% (2y) | -30.3% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 60 | 65 | 100 |
| Borrowings | 18 | 19 | 21 |
| Cash & equivalents | 2 | 3 | 5 |
| Total assets | 104 | 114 | 160 |
| Fixed assets | 13 | 12 | 14 |
| Capital work in progress | 7 | 9 | 10 |
| Investments | 1 | 1 | 2 |
| Receivables | 21 | 29 | 31 |
| Inventory | 27 | 30 | 51 |
| Payables | 22 | 22 | 25 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -18 | -3 | -16 |
| Cash from investing | -18 | -2 | -5 |
| Cash from financing | 36 | 5 | 23 |
| Capex | 2 | 1 | 5 |
| Free cash flow | -20 | -3 | -21 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 2.3% | 2.6% | 1.9% |
| ROCE % | 4.8% | 5.4% | 4.0% |
| Debtor days | 109 | 129 | 105 |
| Inventory days | 179 | 170 | 210 |
| Payable days | 141 | 125 | 102 |
| Cash conversion cycle (days) | 147 | 174 | 213 |
| Working capital days | 140 | 159 | 233 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.02% |
| Public (non-institutions) | 45.98% |
| Quarter | Mar 2025 | Jun 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.72% | 53.92% | 53.92% | 53.92% | 53.92% | 53.92% | 53.92% | 54.02% |
| Promoter group | % |
|---|---|
| Asad Kamal Iraqi | 39.51% |
| Samina Asad Iraqi | 5.59% |
| Prabodh Sharma | 4.14% |
| Mohammad Azwad | 2.91% |
| Mohammad Asjad | 1.07% |
| Tuba Fatima | 0.46% |
| Naba Fatima | 0.35% |
| Uzair Anwar | 0.00% |
| Osama Anwar | 0.00% |
| Saleha Khatoon | 0.00% |
| Anwar Kamal Iraqi | 0.00% |
| Public holders above 1% | % |
|---|---|
| Muhammad Asim | 6.41% |
17,495 shareholders. Pledged: – of promoter shares.
Peers in Leather And Leather Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MAYURUNIQ | ₹3,101 cr | 15.0x | 2.7x | 19.8% | 24.5% | 24.6% | +7.6% | 0.70% |
| BIL | ₹1,369 cr | 52.9x | 2.8x | 5.5% | 10.6% | 8.9% | +19.4% | – |
| KOTIC | ₹1,236 cr | 14.4x | 5.3x | -41.8% | -8.3% | -7.1% | +165.0% | – |
| MIRZAINT | ₹359 cr | – | 0.6x | -4.0% | -3.4% | 1.5% | -6.9% | 0.02% |
| SUPERHOUSE | ₹156 cr | 19.5x | 0.3x | 1.7% | 4.8% | 6.6% | -4.0% | 0.57% |
| ARITAS | ₹99 cr | 4.2x | 1.8x | 8.7% | 9.7% | 9.0% | – | – |
| ZENITHEXPO | ₹97 cr | 331.3x | 1.1x | 0.3% | 1.3% | -4.2% | +1.3% | – |
| ANKIN | ₹90 cr | 130.2x | 3.4x | -1.9% | 0.4% | 6.0% | – | – |
| SUPTANERY | ₹79 cr | 11.0x | 0.7x | 6.4% | 7.8% | 8.5% | +3.2% | – |
| AKI | ₹56 cr | 18.6x | 0.6x | 3.6% | 4.9% | -2.3% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2023-06-22 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Leather And Leather Products |
| Sub-industry | Leather And Leather Products |
| Symbol | AKI |
| BSE code | 542020 |
| ISIN | INE642Z01026 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.