Aksh Optifibres

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Ravikumar, Dec 8, 2015.

  1. Ravikumar

    Ravikumar Active Member

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    Any views on Aksh Optifibres?
     
  2. Ravikumar

    Ravikumar Active Member

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    Aksh Optifibre Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 291.09 Cr.) operating in Cables sector.

    Aksh Optifibre Ltd. key Products/Revenue Segments include Cable Optical Fibre which contributed Rs 233.59 Cr to Sales Value (62.46% of Total Sales), Optical Fibre & FRP (Fibre Reinforced Plastic) Rods which contributed Rs 113.24 Cr to Sales Value (30.28% of Total Sales), Other Services which contributed Rs 13.66 Cr to Sales Value (3.65% of Total Sales), Electronic Telephone Instruments which contributed Rs 7.62 Cr to Sales Value (2.03% of Total Sales), Export Incentives which contributed Rs 3.83 Cr to Sales Value (1.02% of Total Sales), Other Operating Revenue which contributed Rs 1.71 Cr to Sales Value (0.45% of Total Sales), Scrap which contributed Rs 0.28 Cr to Sales Value (0.07% of Total Sales), for the year ending 31-Mar-2015.

    For the quarter ended 30-Sep-2015, the company has reported a Standalone sales of Rs. 113.62 Cr., up 21.81% from last quarter Sales of Rs. 93.28 Cr. and up 43.48% from last year same quarter Sales of Rs. 79.19 Cr. Company has reported net profit after tax of Rs. 9.02 Cr. in latest quarter.

    The company’s management includes Mr.Gaurav Mehta, Dr.Kailash S Choudhari, Mr.Amrit Nath, Mr.B R Rakhecha, Mr.D K Mathur, Mr.Gaurav Mehta, Mr.Narendra Kumbhat, Mr.Satyendra Gupta, Ms.Devika Raveendran.

    Company has P C Bindal & Co. as its auditors. As on 30-Sep-2015, the company has a total of 157,109,816 shares outstanding.
     
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