Alankit financials and balance sheet

NSE: ALANKITBSE: 531082Commercial Services & SuppliesSmall Cap

₹6.86₹0.05 (0.72%)BSE ₹6.99

Share price at the NSE close on 23 Oct 2026. Previous close ₹6.91.

52-week range of traded prices to 23 Oct 2026

₹6.00Low, 12 Oct 2026₹13.00High, 27 Oct 2025

Market cap: ₹209 Cr2,281st largest listed
P/E: 10.5
P/B: Shares changed
Dividend yield: Nonein the last 12 months
ROE: 6.5%
ROCE: 2.1%
Debt to equity: 0.05
Volume, NSE: 1,67,56760.0% delivered

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Alankit annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

Peak revenue ₹343 Cr, year to Mar 2026A loss in 1 of the 10 years shown

Operating and net margin, per cent

Operating margin
Net margin

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue343
Materials and goods−204
Employee costs−45
Other expenses−85
Operating profit9.2
Depreciation−14
Other income+30
One-off items0.0
Finance costs−2.8
Profit before tax23
Tax−2.0
Net profit21

What the company owns

Plant, investments and other assets₹294 Cr
Receivables₹73 Cr
Cash and bank₹57 Cr
Inventory₹33 Cr
Current investments₹4 Cr

What pays for it: net worth and liabilities

Net worth₹341 Cr
Other liabilities₹91 Cr
Borrowings₹18 Cr
Owed to suppliers₹13 Cr

Alankit business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them.Alankit segment results by quarter

Revenue by segment

₹361 CrTotal

Product Sale₹256 Cr70.9% of total
Services₹83 Cr23.0% of total
Financial Services₹22 Cr6.1% of total

Profit by segment

Product Sale₹11.7 Cr44.8% of total
Services₹10.5 Cr40.4% of total
Financial Services₹3.9 Cr14.8% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Product Sale
Revenue, ₹ crore
256
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
12
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Services
Revenue, ₹ crore
83
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
11
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Financial Services
Revenue, ₹ crore
18
17
32
22
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
3
3
4
4
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
IT Enabled Services
Revenue, ₹ crore
0
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
0
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	138	166	118	137	318	241	313	361
Company revenue, as in its results	129	156	115	128	312	236	301	343
Revenue	–	–	–	–	–	–	–	256
Profit	–	–	–	–	–	–	–	12
Margin	–	–	–	–	–	–	–	4.6%
Return on capital	–	–	–	–	–	–	–	20.4%
Assets	–	–	–	–	–	–	–	76
Liabilities	–	–	–	–	–	–	–	19
Capital employed	–	–	–	–	–	–	–	57
Revenue	–	–	–	–	–	–	–	83
Profit	–	–	–	–	–	–	–	11
Margin	–	–	–	–	–	–	–	12.7%
Return on capital	–	–	–	–	–	–	–	12.5%
Assets	–	–	–	–	–	–	–	114
Liabilities	–	–	–	–	–	–	–	29
Capital employed	–	–	–	–	–	–	–	84
Revenue	–	–	–	18	17	32	–	22
Revenue growth	–	–	–	–	−8.2%	86.5%	–	–
Profit	–	–	–	3	3	4	–	4
Profit growth	–	–	–	–	−14.8%	67.5%	–	–
Margin	–	–	–	16.5%	15.3%	13.7%	–	17.6%
Return on capital	–	–	–	4.5%	5.9%	12.8%	–	4.9%
Assets	–	–	–	111	87	164	–	147
Liabilities	–	–	–	44	43	131	–	68
Capital employed	–	–	–	67	44	34	–	78
	–	–	–	–	–	–	–	0
Profit	–	–	–	–	–	–	–	0
Assets	–	–	–	–	–	–	–	0
Liabilities	–	–	–	–	–	–	–	0
Capital employed	–	–	–	–	–	–	–	0
Revenue	16	44	23	36	215	86	183	–
Revenue growth	–	173.5%	−47.8%	56.5%	495.3%	−60.2%	113.1%	–
Profit	3	5	3	5	3	2	9	–
Profit growth	–	79.2%	−31.0%	38.8%	−38.3%	−16.3%	260.0%	–
Margin	17.4%	11.4%	15.0%	13.3%	1.4%	2.9%	4.9%	–
Return on capital	–	34.4%	31.9%	33.8%	4.5%	5.2%	14.2%	–
Assets	–	17	14	22	71	56	75	–
Liabilities	–	3	3	7	5	8	12	–
Capital employed	–	15	11	14	66	48	63	–
Revenue	–	–	–	–	–	–	60	–
Profit	–	–	–	–	–	–	20	–
Margin	–	–	–	–	–	–	34.1%	–
Return on capital	–	–	–	–	–	–	54.8%	–
Assets	–	–	–	–	–	–	65	–
Liabilities	–	–	–	–	–	–	28	–
Capital employed	–	–	–	–	–	–	37	–
Revenue	–	–	–	–	–	–	39	–
Profit	–	–	–	–	–	–	8	–
Margin	–	–	–	–	–	–	21.5%	–
Return on capital	–	–	–	–	–	–	1,025.1%	–
Assets	–	–	–	–	–	–	19	–
Liabilities	–	–	–	–	–	–	19	–
Capital employed	–	–	–	–	–	–	1	–
Revenue	–	–	–	–	–	–	31	–
Profit	–	–	–	–	–	–	6	–
Margin	–	–	–	–	–	–	18.9%	–
Return on capital	–	–	–	–	–	–	12.0%	–
Assets	–	–	–	–	–	–	96	–
Liabilities	–	–	–	–	–	–	47	–
Capital employed	–	–	–	–	–	–	49	–
Revenue	–	121	95	82	85	124	–	–
Revenue growth	–	–	−21.5%	−13.9%	4.0%	45.2%	–	–
Profit	–	23	17	11	12	22	–	–
Profit growth	–	–	−25.4%	−37.7%	10.7%	90.7%	–	–
Margin	–	18.8%	17.9%	12.9%	13.8%	18.1%	–	–
Return on capital	–	–	19.5%	16.7%	16.6%	11.4%	–	–
Assets	–	−39	151	129	139	289	–	–
Liabilities	–	−4	64	65	68	93	–	–
Capital employed	–	−34	87	63	71	196	–	–
Revenue	122	–	–	–	–	–	–	–
Profit	23	–	–	–	–	–	–	–
Margin	19.1%	–	–	–	–	–	–	–
Revenue	–	0	0	0	4	6	7	12
Profit	–	0	0	0	4	6	7	12
Assets	–	0	0	0	6	21	169	125
Liabilities	–	0	0	0	5	2	0	4

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Alankit quarterly results

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 30 May	Mar 2020Filed 24 Jul	Mar 2021Filed 6 Jul	Mar 2022Filed 13 Jun	Mar 2023Filed 16 May	Mar 2024Filed 13 Jun	Mar 2025Filed 12 Jun	Mar 2026Filed 26 May
Revenue from operations	85	105	129	156	115	128	312	236	301	343
	65	79	111	134	98	118	300	212	268	334
Materials and goods bought	16	7	11	30	14	23	204	28	150	204
Employee costs	–	–	52	68	63	60	46	52	48	45
Other expenses	–	–	47	36	21	35	50	132	71	85
Operating profit before depreciation	20	26	18	22	17	10	12	24	33	9
Operating margin	23.6%	24.9%	14.1%	14.0%	14.9%	7.9%	3.8%	10.1%	10.9%	2.7%
Materials, % of revenue	–	–	8.9%	19.4%	12.0%	18.0%	65.4%	12.1%	49.8%	59.4%
Employee costs, % of revenue	–	–	40.4%	43.4%	55.1%	47.2%	14.7%	22.0%	15.9%	13.1%
Other expenses, % of revenue	–	–	36.6%	23.2%	18.0%	27.0%	16.1%	55.8%	23.5%	24.8%
Depreciation and amortisation	1	4	4	5	4	9	8	8	10	14
Operating profit after depreciation	19	23	14	17	13	1	3	16	22	−4
Other income	2	4	9	7	3	9	10	12	18	30
Finance costs	0	1	1	1	2	2	2	1	4	3
Profit before one-off items and tax	20	26	22	23	15	8	12	27	37	23
One-off items	0	0	0	0	0	0	−50	0	−6	0
Profit before tax	20	26	22	23	15	8	−38	27	31	23
	7	4	8	9	3	6	−3	5	9	2
Current tax	5	–	4	7	3	6	3	5	10	3
Deferred tax	2	–	4	2	0	0	−6	0	0	−1
	13	22	14	14	11	3	−35	22	22	21
Belonging to the company's shareholders	13	22	–	14	11	2	−34	22	20	19
Belonging to outside owners of subsidiaries	–	–	–	0	–	1	−1	0	2	–
Other comprehensive income	–	–	0	1	0	1	1	0	1	1
Total comprehensive income	–	–	14	15	11	4	−34	22	22	22
Net margin	15.6%	20.5%	10.8%	8.9%	9.6%	2.2%	−11.3%	9.3%	7.2%	6.1%

Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank. Belonging to the company's shareholders is left blank for the year to Mar 2019: the filing's earnings per share does not match the profit it states, and cannot be multiplied back into the owners' profit because the share it leaves the other owners is more than 10 points from the share the company's other periods state.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ crore	Mar 2019Filed 30 May	Mar 2020Filed 24 Jul	Mar 2021Filed 6 Jul	Mar 2022Filed 13 Jun	Mar 2023Filed 16 May	Mar 2024Filed 13 Jun	Mar 2025Filed 12 Jun	Mar 2026Filed 26 May
	73	90	98	145	181	297	319	341
	73	88	94	133	161	276	297	317
Share capital	14	14	14	14	22	27	27	27
Reserves	59	73	80	119	139	249	270	290
Belonging to outside owners of subsidiaries	–	3	4	11	20	21	22	24
	13	12	14	21	13	44	12	18
Repayable after a year	8	8	9	7	7	6	4	6
Repayable within a year	5	5	5	13	6	38	7	11
	33	47	37	91	102	225	96	108
Trade payables	18	23	12	14	26	31	23	13
Other financial liabilities	2	2	3	3	2	2	3	4
Other liabilities	8	14	15	58	63	151	57	76
Provisions	0	0	0	0	0	0	0	0
Tax owed	–	3	2	3	4	3	5	4
	34	34	30	25	19	9	10	12
Other financial liabilities	17	19	12	10	9	1	1	3
Other liabilities	3	0	–	0	0	–	0	–
Provisions	1	1	2	2	2	2	2	2
Deferred tax	5	7	7	7	1	1	3	2
Total assets	140	172	165	261	302	531	425	462
	75	72	75	136	90	271	217	249
Plant in use, after depreciation	22	20	19	19	18	17	18	18
Intangible assets	24	48	24	18	23	18	43	30
Goodwill	25	0	25	50	15	15	18	18
Intangible assets being developed	–	0	0	0	0	9	0	0
Investments	1	0	1	6	6	19	18	7
Other financial assets	3	4	6	39	15	41	22	176
Other assets	–	–	–	4	12	151	98	–
	65	99	91	125	213	260	207	212
Inventories	9	5	4	11	5	6	8	33
Trade receivables	27	38	35	46	68	72	59	73
Cash and cash equivalents	23	11	4	15	15	65	13	36
Other bank balances	0	4	3	7	1	3	18	20
Current investments	0	0	0	0	4	2	18	4
Loans given	0	0	0	0	0	1	15	12
Tax paid in advance	–	1	1	1	2	1	1	2
Other assets	6	41	43	45	116	110	77	31
Net debt	−10	−3	6	−2	−8	−26	−37	−44

Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ crore	Mar 2021Filed 6 Jul	Mar 2022Filed 13 Jun	Mar 2023Filed 16 May	Mar 2024Filed 13 Jun	Mar 2025Filed 12 Jun	Mar 2026Filed 26 May
	−2	2	−49	10	34	−22
	3	7	−46	28	41	0
	−18	−7	−13	−10	11	−38
Receivables	−1	−50	−78	−92	112	−25
Inventories	0	1	−1	−2	−1	−26
Payables	−17	43	17	84	−100	11
Other working capital	0	0	50	0	0	2
Tax paid	−5	−6	−4	−7	−7	−5
Interest paid	0	0	0	0	0	−11
Capital spending	1	2	12	72	0	0
Free cash flow	−3	−1	−61	−63	34	−22
	−3	−27	−19	−80	−37	45
Plant and property sold	0	0	0	0	0	2
Interest received	2	6	6	10	12	11
Dividends received	0	0	0	0	0	0
	−3	41	63	122	−35	4
Borrowings raised	1	8	0	32	−32	6
Borrowings repaid	0	−2	−7	−2	0	0
Interest paid	−2	−1	−1	−1	−3	−2
Dividends paid	3	3	3	0	0	0
Shares bought back	0	0	0	0	0	0
Shares issued	0	39	102	93	0	0
Net change in cash	−8	15	−6	51	−38	27

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.Alankit dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 30 May	Mar 2020Filed 24 Jul	Mar 2021Filed 6 Jul	Mar 2022Filed 13 Jun	Mar 2023Filed 16 May	Mar 2024Filed 13 Jun	Mar 2025Filed 12 Jun	Mar 2026Filed 26 May
Earnings per share	₹0.93	₹1.51	₹1.96	₹0.98	₹0.77	₹0.16	−₹2.07	₹0.96	₹0.73	₹0.70
Diluted earnings per share	₹0.93	₹1.51	₹1.96	₹0.98	₹0.77	₹0.16	−₹2.07	₹0.96	₹0.73	₹0.70
Dividend per share	₹0.20	₹0.20	₹0.20	₹0.20	₹0.20	₹0.40	–	–	–	–
Book value per share	–	–	₹5.14	₹6.13	₹6.60	₹9.32	₹7.17	₹10.19	₹10.94	₹11.70
Dividend payout	21.5%	13.3%	–	20.5%	25.8%	242.7%	–	–	–	–
Shareholder yield	–	–	–	–	1.3%	−18.9%	−60.5%	−23.4%	0.0%	0.0%
Market cap at the year end (₹ crore)	337	608	450	153	227	189	164	399	375	185

Ratios

Consolidated, years to March.Alankit PE ratio and valuation

Ratio	Mar 2017	Mar 2018	Mar 2019Filed 30 May	Mar 2020Filed 24 Jul	Mar 2021Filed 6 Jul	Mar 2022Filed 13 Jun	Mar 2023Filed 16 May	Mar 2024Filed 13 Jun	Mar 2025Filed 12 Jun	Mar 2026Filed 26 May
Revenue growth	–	23.5%	22.7%	21.1%	−26.3%	11.4%	143.2%	−24.4%	27.7%	14.1%
Operating profit growth	–	30.3%	−30.6%	20.4%	−21.5%	−40.9%	16.0%	103.5%	36.9%	−71.9%
Net profit growth	–	62.3%	−35.1%	−0.2%	−20.7%	−74.1%	–	–	−1.4%	−3.7%
Earnings per share growth	–	62.4%	29.8%	−50.0%	−21.4%	−79.2%	–	–	−24.0%	−4.1%
	–	–	–	17.3%	12.2%	2.1%	−22.9%	9.9%	6.9%	6.2%
	–	–	–	–	−5.2 pts	−10.1 pts	−25.0 pts	32.8 pts	−2.9 pts	−0.7 pts
From the net margin	–	–	–	–	1.3 pts	−9.8 pts	−14.3 pts	42.3 pts	−2.8 pts	−1.1 pts
From asset turnover	–	–	–	–	−5.9 pts	−0.3 pts	−10.3 pts	−9.5 pts	0.8 pts	1.3 pts
From borrowing	–	–	–	–	−0.5 pts	0.0 pts	−0.5 pts	0.0 pts	−1.0 pts	−1.0 pts
Return on capital employed	–	–	15.8%	16.1%	11.4%	0.9%	1.7%	4.8%	6.8%	−1.2%
Cash conversion	–	–	–	–	−20.8%	55.6%	–	43.7%	154.9%	−105.7%
Interest cover	600.7	33.4	12.3	11.2	7.8	0.9	2.0	14.5	5.8	–
Debt to equity	–	–	0.18	0.14	0.14	0.14	0.07	0.15	0.04	0.05
Receivable days	–	–	76	89	110	131	80	111	72	78
Inventory days	–	–	288	57	119	169	9	83	19	60
Payable days	–	–	562	275	316	221	47	403	56	23
Cash conversion cycle, days	–	–	−198	−129	−88	80	41	−209	35	115
Working capital days	–	–	41	99	163	71	112	5	86	57
Asset turnover	–	–	0.92	1.00	0.68	0.60	1.11	0.57	0.63	0.78
Assets per rupee of net worth	–	–	1.91	1.93	1.85	1.88	1.92	1.91	1.67	1.44
Sales per rupee of plant	–	–	5.77	7.77	6.07	6.76	17.53	13.74	16.58	18.93
Capital spending to depreciation	–	–	–	–	0.25	0.28	1.41	9.41	0.00	0.00
Plant being built, % of plant in use	–	–	–	0.0%	–	0.0%	–	–	0.0%	0.0%

Interest cover is left blank for the year to Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year: 4.3%
Cash from operations against operating profit: −239.9%

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	–	24.5%	3.3%
Profit growth, yearly rate	–	11.4%	–
Return on equity, average	–	0.4%	7.7%
Return on capital employed, average	–	2.6%	3.4%
Operating margin, average	12.7%	7.1%	7.9%
Net margin, average	7.9%	2.7%	7.5%
Asset turnover, average	–	0.74	0.66
Cash conversion cycle, days, average	–	12	−20
Interest cover, average	76.5	5.8	10.1
Debt to equity, average	–	0.09	0.08

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	−27	21	−22
Cash from investing	−118	−72	45
Cash from financing	194	91	4
Capital spending	87	72	0
Dividends paid	6	0	0
Shares bought back	0	0	0
Shares issued for cash	234	93	0
Borrowings raised	–	–	6
Borrowings repaid	11	2	0

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	–	–	4	5	3	5	6	4
Altman Z-scorePublished threshold 1.1	–	–	5.14	5.52	5.91	3.90	4.65	3.65	7.52	6.86
Beneish M-scorePublished threshold −1.78	–	–	–	–	−2.09	−2.20	−0.68	−2.50	−2.07	−1.70
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	–	–	–	9.51	13.37	11.81	22.14	5.16	−0.41
Cash from operations to profit, 3 yearsPublished threshold 0.7 times	–	–	–	–	–	–	–	–	−0.73	0.33
Receivables growth less revenue growthOur threshold 0 percentage points	–	–	–	20.58	17.46	21.90	−95.02	29.41	−45.16	9.01
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	–	–	−212.12	49.38	71.49	−840.34	119.16	−405.92	290.46
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	–	–	22.48	2.41	1.30	23.20	−2.91	−11.30	−12.95
Assets under construction, years of additionsOur threshold 2 years of additions	–	–	–	0.00	–	0.00	–	–	0.00	0.00
Effective tax ratePublished threshold 17.16 per cent	34.59	16.07	35.24	38.00	24.01	65.80	–	18.48	29.98	8.60
Tax charged less tax paid, % of profitOur threshold 10 percentage points	–	–	–	–	–	−0.16	–	−7.85	6.41	−13.77

A threshold marked as ours has no published figure; it is the line we read the check against.