A.K. Spintex Limited, established on October 6, 1994, as A.K. Processors Private Limited, is a fabric processing company based in Bhilwara, Rajasthan, India. The company specializes in processing man-made materials like polyester and cotton.
Financial Performance:
For the fiscal year ending March 31, 2024, A.K. Spintex reported annual revenue of $14.18 million USD. The company’s financial metrics include a Return on Equity (ROE) of 24% and a Debt-to-Equity Ratio of 23%, indicating strong profitability and manageable debt levels.
Recent Developments:
In the quarter ending December 2024, the company reported net sales of ₹26.55 crore, a 6.59% decrease compared to the same period the previous year. This decline follows a 4.81% year-over-year decrease in net sales for the quarter ending September 2024.
Market Presence:
A.K. Spintex is listed on the Bombay Stock Exchange under the ticker symbol 539300. The company has experienced significant stock growth, with its share price increasing from ₹153.00 on November 7, 2023, to ₹699.00 on January 17, 2025, representing a 356.86% gain.