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Ak Spintex Ltd Company Snapshot
Ak Spintex Ltd operates in the Cellulosic manmade fibers sector. In addition to historical fundamental analyses, the complete report available to purchase compares Ak Spintex Ltd with three other plastic manufacturers in Asia: Polychem Limited (2021 sales of 246.27 million Indian Rupees [US$3.28 million] ), Multibase India Limited (534.53 million Indian Rupees [US$7.11 million] of which 67% was Manufacturing sales), and Deep Polymers Ltd (397.55 million Indian Rupees [US$5.29 million] ).

Sales Analysis. Sales were up sharply during the first fiscal quarter of 2022 versus the previous year's first quarter. During the first fiscal quarter of 2022, sales at Ak Spintex Ltd totalled 89.91 million Indian Rupees . This is an increase of 189.7% from the 31.04 million Indian Rupees in sales at the company during the first quarter of 2021. This was the biggest same quarter rise in sales at Ak Spintex Ltd in the previous 26 quarters. Ak Spintex Ltd reported sales of 480.00 million Indian Rupees (US$6.39 million) for the fiscal year ending March of 2021. This represents a sharp decrease of 24.5% versus 2020, when the company's sales were 635.82 million Indian Rupees . The sales level in 2021 was fairly close to the level five years ago: in 2016, Ak Spintex Ltd had sales of 524.09 million Indian Rupees .
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Ak Spintex Ltd
  Stock Performance Chart for Ak Spintex Ltd
  Stock Data: Recent Stock Performance:
  Current Price (10/14/2021): 26.60
(Figures in Indian Rupees )
1 Week -2.7%   13 Weeks 6.8%  
4 Weeks 10.8%   52 Weeks 7.9%  
Ak Spintex Ltd Key Data:
  Ticker: 539300 Country: India
  Exchanges: BOM Major Industry: Materials
    Sub Industry: Cellulosic Manmade Fibers
  2021 Sales 479,995,000
(Year Ending Jan 2022).
Employees: N/A
  Currency: Indian Rupees Market Cap: 133,844,550
  Fiscal Yr Ends: March Shares Outstanding: 5,031,750
  Share Type: Ordinary Closely Held Shares: 4,214,666
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