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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: Olympia Industries Ltd (2020 sales of 1.33 billion Indian Rupees [US$18.12 million] ), Jinan Acetate Chemical Co Ltd of TAIWAN (2.35 billion Taiwanese Dollars [US$85.07 million] of which 72% was Acetate tow), and Nanjing Chemical Fibre Co. which is based in CHINA (365.97 million Chinese Renmimbi [US$57.13 million] of which 74% was Short Wire).

Sales Analysis. During the third fiscal quarter of 2021, sales at Ak Spintex Ltd totalled 169.60 million Indian Rupees . This is an increase of 5.8% from the 160.34 million Indian Rupees in sales at the company during the third quarter of 2020. During the first three quarters of 2021, sales totalled 309.56 million Indian Rupees , which is 35.1% lower than through the first three fiscal quarters of 2020. Ak Spintex Ltd reported sales of 635.82 million Indian Rupees (US$8.67 million) for the fiscal year ending March of 2020. This represents an increase of 5.7% versus 2019, when the company's sales were 601.45 million Indian Rupees . Sales at Ak Spintex Ltd have increased during each of the previous five years (and since 2015, sales have increased a total of 44%).
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Ak Spintex Ltd
  Stock Performance Chart for Ak Spintex Ltd
  Stock Data: Recent Stock Performance:
  Current Price (6/11/2021): 22.95
(Figures in Indian Rupees )
1 Week 9.5%   13 Weeks -8.2%  
4 Weeks -15.0%   52 Weeks 117.5%  
Ak Spintex Ltd Key Data:
  Ticker: 539300 Country: India
  Exchanges: BOM Major Industry: Materials
    Sub Industry: Cellulosic Manmade Fibers
  2020 Sales 635,820,000
(Year Ending Jan 2021).
Employees: N/A
  Currency: Indian Rupees Market Cap: 115,478,663
  Fiscal Yr Ends: March Shares Outstanding: 5,031,750
  Share Type: Ordinary Closely Held Shares: 4,225,775
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