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Alka Securities Limited (532166) Report Analysis

Corporate Events

Neutral

Alka Securities Limited, Board Meeting, Nov 10, 2022

2022-11-02 14:21:00

Alka Securities Limited, Board Meeting, Nov 10, 2022, at 16:30 Indian Standard Time. Agenda: To consider and approve Unaudited Financial Resul...

Neutral

Alka Securities Limited to Report Q2, 2023 Resu...

2022-11-02 14:21:00

Alka Securities Limited announced that they will report Q2, 2023 results on Nov 10, 2022

Neutral

Alka Securities Limited Approves Alteration of ...

2022-09-30 13:05:00

Alka Securities Limited at its AGM held on September 30, 2022, approved alteration of Name Clause Contained in the Memorandum of Association t...

Neutral

Alka Securities Limited - Shareholder/Analyst Call

2022-09-06 13:51:00

AGM

Neutral

Alka Securities Limited to Report Q1, 2023 Resu...

2022-08-06 14:55:00

Alka Securities Limited announced that they will report Q1, 2023 results on Aug 13, 2022

Neutral

Alka Securities Limited, Board Meeting, Aug 13, 2022

2022-08-06 14:55:00

Alka Securities Limited, Board Meeting, Aug 13, 2022, at 11:30 Indian Standard Time. Agenda: To consider and approve unaudited financial resul...

Neutral

Alka Securities Limited, Board Meeting, Aug 02, 2022

2022-07-26 14:49:00

Alka Securities Limited, Board Meeting, Aug 02, 2022, at 11:30 Indian Standard Time.

Neutral

Alka Securities Limited, Annual General Meeting...

2022-07-26 14:49:00

Alka Securities Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: 10 Maitri NS Road no 10, JVPD Scheme J...

Neutral

Alka Securities Limited, Board Meeting, Jul 12, 2022

2022-07-05 08:31:00

Alka Securities Limited, Board Meeting, Jul 12, 2022, at 11:30 Indian Standard Time. Agenda: To approve Venue, date and time for conducting An...

Neutral

Alka Securities Limited, Board Meeting, May 15, 2022

2022-05-10 15:07:00

Alka Securities Limited, Board Meeting, May 15, 2022, at 11:00 Indian Standard Time. Agenda: To receive and approve audited accounts for the p...

Neutral

Alka Securities Limited to Report Q4, 2022 Resu...

2022-05-10 15:07:00

Alka Securities Limited announced that they will report Q4, 2022 results on May 15, 2022

Neutral

Alka Securities Limited, Board Meeting, Nov 10, 2022

2022-11-02 14:21:00

Alka Securities Limited, Board Meeting, Nov 10, 2022, at 16:30 Indian Standard Time. Agenda: To consider and approve Unaudited Financial Results for quarter and half year ended 30.09.2022; and to consider any other business with the permission of chair.

Neutral

Alka Securities Limited to Report Q2, 2023 Results on Nov 10, 2022

2022-11-02 14:21:00

Alka Securities Limited announced that they will report Q2, 2023 results on Nov 10, 2022

Neutral

Alka Securities Limited Approves Alteration of Memorandum of Association

2022-09-30 13:05:00

Alka Securities Limited at its AGM held on September 30, 2022, approved alteration of Name Clause Contained in the Memorandum of Association to consider and, if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution.

Neutral

Alka Securities Limited - Shareholder/Analyst Call

2022-09-06 13:51:00

AGM

Neutral

Alka Securities Limited to Report Q1, 2023 Results on Aug 13, 2022

2022-08-06 14:55:00

Alka Securities Limited announced that they will report Q1, 2023 results on Aug 13, 2022

Neutral

Alka Securities Limited, Board Meeting, Aug 13, 2022

2022-08-06 14:55:00

Alka Securities Limited, Board Meeting, Aug 13, 2022, at 11:30 Indian Standard Time. Agenda: To consider and approve unaudited financial results for quarter ended 30.06.2022; and to consider any other business with the permission of chair.

Neutral

Alka Securities Limited, Board Meeting, Aug 02, 2022

2022-07-26 14:49:00

Alka Securities Limited, Board Meeting, Aug 02, 2022, at 11:30 Indian Standard Time.

Neutral

Alka Securities Limited, Annual General Meeting, Sep 30, 2022

2022-07-26 14:49:00

Alka Securities Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: 10 Maitri NS Road no 10, JVPD Scheme Juhu Vile Parle West, Mumbai Maharashtra India

Neutral

Alka Securities Limited, Board Meeting, Jul 12, 2022

2022-07-05 08:31:00

Alka Securities Limited, Board Meeting, Jul 12, 2022, at 11:30 Indian Standard Time. Agenda: To approve Venue, date and time for conducting Annual General Meeting for FY 2021-22 ; to consider Annual General Meeting Notice and Annual Report for FY 2021-22; and consider other matters.

Neutral

Alka Securities Limited, Board Meeting, May 15, 2022

2022-05-10 15:07:00

Alka Securities Limited, Board Meeting, May 15, 2022, at 11:00 Indian Standard Time. Agenda: To receive and approve audited accounts for the period ended on 31 March 2022.

Neutral

Alka Securities Limited to Report Q4, 2022 Results on May 15, 2022

2022-05-10 15:07:00

Alka Securities Limited announced that they will report Q4, 2022 results on May 15, 2022

Fundamental Summary

At a high level, the metrics from Alka's Q1 financial report release provided many positive indicators. Specifically, their growth and value factors indicate a well-planned and balanced effort, which is generating exciting growth. We expect that this positive performance will continue in the coming months, and anticipate that Alka will maintain good momentum even in a challenging environment. Therefore, they earned a total score of 90 out of 100 and a STRONG BUY recommendation.

Alka reported earnings results for the second quarter ended September 30, 2022. For the second quarter, the company reported sales was INR 1.8 million compared to INR 0.1 million a year ago. Revenue was INR 2.17 million compared to INR 2.17 million a year ago. Net income was INR 0.166 million compared to INR 0.251 million a year ago.

Sector Overview

Alka is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. Alka's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 249.5M 101.0% 93
Liabilities 139.4M 326.7% 86
Price to Book 8.1 272.1% 90
Cash & Equivalents 6.8M 14.6% 68
Equity 109.6M 20.5% 66
EBITDA 27.1M 211.0% 82
Total Revenues 66.7M 92.8% 94
Parameter Value Change Score
Return on Equity 14.9 258.5% 92
Net Cashflow 1.3M -64.8% 83
Capital Expenditure -4.8M -42.7% 86
Asset Turnover 0.4 18.4% 42
Free Cashflow Per Share 0.0 112.7% 54
* All values are TTM

The below chart reflects Alka's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Alka's peer average final assessment score stands on 68, Alka's score is 90.

  •  532166
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 56 77 67
Hold
65
65 0 1
Monarch Networth Capital Limited 12.0B 52 71 68
Underperform
55
55 1 1
Dolat Algotech Limited 11.9B 82 45 76
Hold
71
71 2 1
UGRO Capital Limited 11.4B 82 70 68
Hold
78
78 3 1
Geojit Financial Services Limited 11.3B 74 83 65
Buy
79
79 4 1
PNB Gilts Ltd. 11.3B 68 82 55
Hold
68
68 5 1
BF Investment Limited 10.9B 64 64 66
Hold
63
63 6 1
Centrum Capital Limited 10.7B 85 64 88
Buy
81
81 7 1
5paisa Capital Limited 9.6B 85 58 81
Hold
76
76 8 1
Dhunseri Ventures Limited 9.1B 91 76 58
Buy
85
85 9 1
Kalyani Investment Company Limited 8.2B 75 71 85
Hold
77
77 10 1
Arihant Capital Markets Limited 7.0B 87 80 66
Buy
86
86 11 1
Summit Securities Limited 6.9B 44 62 87
Underperform
51
51 12 1
Nahar Capital and Financial Services Limited 5.6B 70 54 67
Hold
63
63 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 60 44 81
Underperform
55
55 14 1
The Investment Trust of India Limited 5.0B 55 84 65
Hold
66
66 15 1
Mahanivesh (India) Limited 4.5B 58 40 71
Underperform
46
46 16 1
Dhunseri Investments Limited 4.5B 46 72 76
Underperform
54
54 17 1
Kiran Vyapar Limited 4.0B 82 79 58
Buy
80
80 18 1
Swiss Military Consumer Goods Limited 3.7B 42 64 78
Underperform
50
50 19 1
Aditya Birla Money Limited 3.5B 88 81 75
Strong Buy
88
88 20 1
Jindal Photo Limited 3.5B 77 57 75
Hold
73
73 21 1
SIL Investments Limited 3.3B 64 55 81
Hold
61
61 22 1
Prime Securities Limited 3.2B 58 76 53
Underperform
58
58 23 1
Industrial & Prudential Investment Company Limited 3.2B 89 68 87
Buy
85
85 24 1
Indo Thai Securities Limited 3.2B 64 42 42
Underperform
51
51 25 1
Jaykay Enterprises Limited 3.0B 58 58 76
Hold
61
61 26 1
Systematix Corporate Services Limited 3.0B 77 93 75
Buy
86
86 27 1
Master Trust Limited 2.7B 78 64 50
Hold
70
70 28 1
STEL Holdings Limited 2.6B 80 55 45
Hold
67
67 29 1
IL&FS Investment Managers Limited 2.4B 73 57 79
Hold
69
69 30 1
ABans Enterprises Limited 2.4B 52 78 76
Hold
62
62 31 1
Quest Capital Markets Limited 2.1B 96 48 74
Hold
78
78 32 1
Almondz Global Securities Limited 2.0B 87 50 68
Hold
73
73 33 1
Industrial Investment Trust Limited 2.0B 74 62 71
Hold
70
70 34 1
Shardul Securities Limited 1.9B 59 61 81
Underperform
60
60 35 1
Emkay Global Financial Services Limited 1.8B 82 90 70
Strong Buy
88
88 36 1
Avonmore Capital & Management Services Limited 1.7B 69 79 70
Hold
73
73 37 1
Bombay Oxygen Investments Limited 1.7B 84 57 94
Hold
77
77 38 1
RSD Finance Limited 1.3B 78 49 54
Hold
65
65 39 1
Indbank Merchant Banking Services Limited 1.1B 54 73 53
Hold
62
62 40 1
LKP Finance Limited 1.1B 89 49 74
Hold
73
73 41 1
Welspun Investments and Commercials Limited 1.1B 83 60 50
Hold
72
72 42 1
LKP Securities Limited 1.1B 85 89 84
Strong Buy
92
92 43 1
Greencrest Financial Services Limited 994.2M 61 63 67
Hold
61
61 44 1
McDowell Holdings Limited 969.0M 73 57 51
Hold
63
63 45 1
DB (International) Stock Brokers Limited 899.5M 84 55 67
Hold
68
68 46 1
Shriram Asset Management Company Limited 881.7M 62 71 84
Hold
69
69 47 1
Global Capital Markets Limited 697.0M 55 50 80
Underperform
52
52 48 1
NCL Research & Financial Services Limited 556.6M 66 85 92
Strong Buy
87
87 49 1
Intellivate Capital Ventures Limited 500.4M 73 70 79
Buy
80
80 50 1
GCM Securities Limited 476.8M 48 85 76
Hold
65
65 51 1
Pioneer Investcorp Limited 466.7M 73 65 64
Hold
72
72 52 1
Wallfort Financial Services Ltd. 457.2M 71 46 63
Hold
61
61 53 1
Yamini Investments Company Limited 441.6M 46 54 59
Underperform
45
45 54 1
HB Stockholdings Limited 420.4M 75 66 67
Hold
71
71 55 1
Pro Fin Capital Services Ltd. 398.5M 81 43 63
Hold
62
62 56 1
HB Portfolio Limited 378.9M 64 47 88
Underperform
60
60 57 1
Cni Research Limited 311.1M 97 59 60
Hold
77
77 58 1
Odyssey Corporation Limited 291.9M 79 76 88
Buy
86
86 59 1
Monotype India Limited 225.0M 62 64 49
Underperform
52
52 60 1
Stampede Capital Limited 209.0M 37 69 82
Underperform
53
53 61 1
BFL Asset Finvest Limited 207.6M 70 58 66
Hold
63
63 62 1
Onelife Capital Advisors Limited 181.7M 78 67 51
Hold
65
65 63 1
AF Enterprises Limited 171.1M 72 82 63
Hold
75
75 64 1
Esaar (India) Limited 148.2M 69 62 69
Hold
71
71 65 1
Cubical Financial Services Limited 117.3M 60 57 99
Hold
71
71 66 1
Goenka Business & Finance Limited 109.2M 62 89 50
Hold
66
66 67 1
Gemstone Investments Limited 75.5M 82 96 85
Strong Buy
98
98 68 1
Confidence Finance and Trading Limited 73.9M 68 68 76
Hold
76
76 69 1
Essar Securities Limited 72.9M 79 50 88
Hold
74
74 70 1
Jackson Investments Limited 55.2M 43 72 77
Underperform
58
58 71 1
Mathew Easow Research Securities Limited 38.5M 59 55 60
Underperform
51
51 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59 66 71
Underperform
59
59 73 1
VLS Finance Limited 5.2B 79 70 64
Hold
75
75 74 1
Consolidated Finvest & Holdings Limited 4.4B 69 55 59
Hold
63
63 75 1
N.B.I. Industrial Finance Company Limited 4.2B 50 80 68
Underperform
59
59 76 1
Wealth First Portfolio Managers Limited 3.1B 85 50 66
Hold
72
72 77 1
Inventure Growth & Securities Limited 2.4B 87 49 91
Hold
76
76 78 1
BLB Limited 1.1B 90 78 67
Strong Buy
87
87 79 1
Steel City Securities Limited 910.2M 66 60 68
Hold
64
64 80 1

Macro Environment

Negative
57

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which Alka Securities Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In our analysis of the current macro environment, as well as the potential risks that could specifically affect Alka Securities Limited stock, we concluded that sentiment was overwhelmingly negative and may lead to short-term price declines. Therefore, we ranked Alka Securities Limited macro environment with a score of 57.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Alka's stock is now priced above its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is strengthening. Historically, this is a positive setup in the near, medium, and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. The company is trading near it's 12-month high, which signals an attack on the resistance price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Alka's stock indicates that it's likely oversold. Overall, these technical indicators signal positive upward momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 83.

Bullish 83
Close Price 0.89
52W Low 0.19
52W High 0.89
5D MA 0.84
50D MA 0.46
200D MA 0.27
MACD 0.12
RSI 0.0
STOCH 100.0

Balance Sheet Analysis

Alka appears likely to maintain its strong balance sheet metrics and momentum going forward. Alka's management was effective in managing the value of the assets on their balance sheet, which now sits at 249.5M and represents a 101.0% change from the previous report. These results, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. The company's asset component, therefore, received a grade of 93. Also, Alka's price to book ratio (P/B) was reported as 8.1 and represents 272.1% change from the previous report. These book value factor numbers show that management has been prudent in focusing on efficient growth. We believe the stock price has room to grow to reflect its intrinsic value accurately. The company's book value factors component, therefore, received a grade of 90. However, one discouraging result, Equity, stood out. Alka published concerning equity metrics for this filing. In the current report, equity stood at 109.6M, which represents a 20.5% change from the last report. This parameter often affects companies in the same industry and market capitalization by up to 7.4%. These metrics are all the more disappointing relative to their peers and should blunt potential positive momentum in its's stock price. Therefore, their equity movement component earned a score of 66. The company's balance sheet received an overall score of 91.

Parameter Value Change Score
Assets 249.5M 101.0% 93
Liabilities 139.4M 326.7% 86
Price to Book 8.1 272.1% 90
Cash & Equivalents 6.8M 14.6% 68
Equity 109.6M 20.5% 66
* All values are TTM

The below chart describes Alka's performance as reflected on its balance sheet with respect to its peers. While Alka received a balance sheet score of 91, the average of its peers stands on 72.

  •  532166
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 65.0 80.0 71.0 66.0 46.0 56 0 1
Monarch Networth Capital Limited 12.0B 66.0 69.0 48.0 63.0 47.0 52 1 1
Dolat Algotech Limited 11.9B 93.0 62.0 72.0 72.0 77.0 82 2 1
UGRO Capital Limited 11.4B 97.0 38.0 38.0 93.0 84.0 82 3 1
Geojit Financial Services Limited 11.3B 81.0 52.0 49.0 58.0 79.0 74 4 1
PNB Gilts Ltd. 11.3B 84.0 54.0 57.0 79.0 66.0 68 5 1
BF Investment Limited 10.9B 44.0 71.0 71.0 65.0 67.0 64 6 1
Centrum Capital Limited 10.7B 84.0 48.0 66.0 82.0 82.0 85 7 1
5paisa Capital Limited 9.6B 88.0 44.0 40.0 91.0 88.0 85 8 1
Dhunseri Ventures Limited 9.1B 88.0 51.0 65.0 62.0 91.0 91 9 1
Kalyani Investment Company Limited 8.2B 41.0 40.0 70.0 64.0 86.0 75 10 1
Arihant Capital Markets Limited 7.0B 78.0 54.0 66.0 57.0 88.0 87 11 1
Summit Securities Limited 6.9B 81.0 40.0 59.0 47.0 42.0 44 12 1
Nahar Capital and Financial Services Limited 5.6B 76.0 65.0 83.0 40.0 71.0 70 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 51.0 69.0 54.0 62.0 60 14 1
The Investment Trust of India Limited 5.0B 56.0 71.0 41.0 62.0 60.0 55 15 1
Mahanivesh (India) Limited 4.5B 74.0 76.0 71.0 58.0 51.0 58 16 1
Dhunseri Investments Limited 4.5B 44.0 53.0 61.0 72.0 45.0 46 17 1
Kiran Vyapar Limited 4.0B 57.0 83.0 87.0 47.0 88.0 82 18 1
Swiss Military Consumer Goods Limited 3.7B 46.0 53.0 47.0 63.0 43.0 42 19 1
Aditya Birla Money Limited 3.5B 88.0 49.0 46.0 90.0 89.0 88 20 1
Jindal Photo Limited 3.5B 51.0 76.0 72.0 51.0 80.0 77 21 1
SIL Investments Limited 3.3B 40.0 85.0 70.0 81.0 61.0 64 22 1
Prime Securities Limited 3.2B 49.0 86.0 57.0 55.0 50.0 58 23 1
Industrial & Prudential Investment Company Limited 3.2B 77.0 58.0 66.0 81.0 87.0 89 24 1
Indo Thai Securities Limited 3.2B 58.0 80.0 47.0 72.0 68.0 64 25 1
Jaykay Enterprises Limited 3.0B 61.0 47.0 78.0 58.0 53.0 58 26 1
Systematix Corporate Services Limited 3.0B 60.0 88.0 51.0 82.0 88.0 77 27 1
Master Trust Limited 2.7B 58.0 90.0 47.0 76.0 90.0 78 28 1
STEL Holdings Limited 2.6B 53.0 91.0 49.0 74.0 94.0 80 29 1
IL&FS Investment Managers Limited 2.4B 52.0 63.0 69.0 84.0 73.0 73 30 1
ABans Enterprises Limited 2.4B 84.0 39.0 45.0 94.0 50.0 52 31 1
Quest Capital Markets Limited 2.1B 71.0 88.0 76.0 80.0 94.0 96 32 1
Almondz Global Securities Limited 2.0B 77.0 68.0 85.0 78.0 90.0 87 33 1
Industrial Investment Trust Limited 2.0B 69.0 71.0 46.0 56.0 80.0 74 34 1
Shardul Securities Limited 1.9B 50.0 68.0 72.0 62.0 60.0 59 35 1
Emkay Global Financial Services Limited 1.8B 82.0 50.0 48.0 56.0 88.0 82 36 1
Avonmore Capital & Management Services Limited 1.7B 56.0 79.0 55.0 68.0 80.0 69 37 1
Bombay Oxygen Investments Limited 1.7B 56.0 60.0 92.0 82.0 78.0 84 38 1
RSD Finance Limited 1.3B 60.0 76.0 91.0 41.0 84.0 78 39 1
Indbank Merchant Banking Services Limited 1.1B 44.0 81.0 74.0 66.0 49.0 54 40 1
LKP Finance Limited 1.1B 87.0 54.0 66.0 88.0 84.0 89 41 1
Welspun Investments and Commercials Limited 1.1B 37.0 97.0 81.0 39.0 98.0 83 42 1
LKP Securities Limited 1.1B 66.0 59.0 44.0 79.0 91.0 85 43 1
Greencrest Financial Services Limited 994.2M 55.0 81.0 79.0 65.0 51.0 61 44 1
McDowell Holdings Limited 969.0M 71.0 94.0 42.0 38.0 89.0 73 45 1
DB (International) Stock Brokers Limited 899.5M 92.0 49.0 73.0 69.0 80.0 84 46 1
Shriram Asset Management Company Limited 881.7M 51.0 58.0 70.0 61.0 65.0 62 47 1
Global Capital Markets Limited 697.0M 48.0 79.0 71.0 78.0 53.0 55 48 1
NCL Research & Financial Services Limited 556.6M 66.0 51.0 82.0 97.0 66.0 66 49 1
Intellivate Capital Ventures Limited 500.4M 64.0 64.0 93.0 90.0 72.0 73 50 1
GCM Securities Limited 476.8M 65.0 51.0 54.0 60.0 66.0 48 51 1
Pioneer Investcorp Limited 466.7M 48.0 80.0 49.0 67.0 83.0 73 52 1
Wallfort Financial Services Ltd. 457.2M 68.0 60.0 81.0 71.0 69.0 71 53 1
Yamini Investments Company Limited 441.6M 70.0 50.0 54.0 79.0 41.0 46 54 1
HB Stockholdings Limited 420.4M 80.0 63.0 92.0 59.0 65.0 75 55 1
Pro Fin Capital Services Ltd. 398.5M 66.0 79.0 75.0 41.0 89.0 81 56 1
HB Portfolio Limited 378.9M 54.0 63.0 63.0 68.0 66.0 64 57 1
Cni Research Limited 311.1M 71.0 86.0 97.0 42.0 85.0 97 58 1
Odyssey Corporation Limited 291.9M 71.0 53.0 95.0 41.0 99.0 79 59 1
Monotype India Limited 225.0M 71.0 57.0 62.0 86.0 41.0 62 60 1
Stampede Capital Limited 209.0M 40.0 45.0 62.0 95.0 37.0 37 61 1
BFL Asset Finvest Limited 207.6M 85.0 71.0 54.0 59.0 75.0 70 62 1
Onelife Capital Advisors Limited 181.7M 70.0 55.0 89.0 85.0 67.0 78 63 1
AF Enterprises Limited 171.1M 56.0 93.0 41.0 72.0 85.0 72 64 1
Esaar (India) Limited 148.2M 70.0 56.0 95.0 90.0 56.0 69 65 1
Cubical Financial Services Limited 117.3M 67.0 68.0 53.0 42.0 71.0 60 66 1
Goenka Business & Finance Limited 109.2M 79.0 70.0 47.0 61.0 52.0 62 67 1
Gemstone Investments Limited 75.5M 72.0 59.0 93.0 95.0 62.0 82 68 1
Confidence Finance and Trading Limited 73.9M 67.0 70.0 43.0 79.0 79.0 68 69 1
Essar Securities Limited 72.9M 68.0 61.0 87.0 87.0 82.0 79 70 1
Jackson Investments Limited 55.2M 63.0 61.0 44.0 42.0 55.0 43 71 1
Mathew Easow Research Securities Limited 38.5M 73.0 54.0 52.0 74.0 44.0 59 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59.0 82.0 83.0 64.0 51.0 59 73 1
VLS Finance Limited 5.2B 79.0 72.0 89.0 71.0 69.0 79 74 1
Consolidated Finvest & Holdings Limited 4.4B 76.0 69.0 75.0 79.0 61.0 69 75 1
N.B.I. Industrial Finance Company Limited 4.2B 99.0 42.0 60.0 57.0 43.0 50 76 1
Wealth First Portfolio Managers Limited 3.1B 79.0 79.0 79.0 48.0 93.0 85 77 1
Inventure Growth & Securities Limited 2.4B 62.0 69.0 94.0 72.0 93.0 87 78 1
BLB Limited 1.1B 83.0 85.0 65.0 58.0 91.0 90 79 1
Steel City Securities Limited 910.2M 67.0 68.0 71.0 66.0 65.0 66 80 1

Income Statement Analysis

Overall, Alka's critical income statement metrics appear to signal strong support and a high likelihood of positive growth going forward. Alka reported highly encouraging numbers for its revenue efficiency. This characteristic can affect companies in the same industry and market capitalization by up to 1.3%. Their impressive revenue efficiency is even more impressive relative to its peers and competitors in the current market. As a result, its revenue efficiency earned a score of 94. However, one discouraging result, EBITDA, stood out. Alka's EBIDTA now sits at 27.1M and represents 211.0% change from the last reporting period. This metric might have a 8.7 percent impact on companies in the same industry and with the same market capitalization. Their EBITDA metrics are even more problematic when compared to their peers. Discouraging results like these statistically lead to negative pressure in stock prices, so we rated their EBITDA a grade of 82. Consequently, their income statement earned a rank of 86.

Parameter Value Change Score
EBITDA 27.1M 211.0% 82
Total Revenues 66.7M 92.8% 94
Return on Equity 14.9 258.5% 92
* All values are TTM

The below chart describes Alka's performance as reflected on its income statement with respect to its peers. While Alka received a income statement score of 86 , the average of its peers stands on 65.

  •  532166
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 79.0 79.0 70.0 77 0 1
Monarch Networth Capital Limited 12.0B 60.0 70.0 74.0 71 1 1
Dolat Algotech Limited 11.9B 49.0 44.0 45.0 45 2 1
UGRO Capital Limited 11.4B 95.0 77.0 50.0 70 3 1
Geojit Financial Services Limited 11.3B 81.0 78.0 84.0 83 4 1
PNB Gilts Ltd. 11.3B 92.0 81.0 77.0 82 5 1
BF Investment Limited 10.9B 54.0 65.0 65.0 64 6 1
Centrum Capital Limited 10.7B 43.0 66.0 69.0 64 7 1
5paisa Capital Limited 9.6B 90.0 59.0 50.0 58 8 1
Dhunseri Ventures Limited 9.1B 89.0 79.0 62.0 76 9 1
Kalyani Investment Company Limited 8.2B 92.0 75.0 51.0 71 10 1
Arihant Capital Markets Limited 7.0B 82.0 76.0 80.0 80 11 1
Summit Securities Limited 6.9B 88.0 63.0 52.0 62 12 1
Nahar Capital and Financial Services Limited 5.6B 94.0 57.0 52.0 54 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 41.0 69.0 45.0 44 14 1
The Investment Trust of India Limited 5.0B 84.0 80.0 85.0 84 15 1
Mahanivesh (India) Limited 4.5B 37.0 43.0 40.0 40 16 1
Dhunseri Investments Limited 4.5B 58.0 73.0 73.0 72 17 1
Kiran Vyapar Limited 4.0B 49.0 79.0 81.0 79 18 1
Swiss Military Consumer Goods Limited 3.7B 43.0 69.0 63.0 64 19 1
Aditya Birla Money Limited 3.5B 82.0 79.0 77.0 81 20 1
Jindal Photo Limited 3.5B 63.0 58.0 51.0 57 21 1
SIL Investments Limited 3.3B 38.0 69.0 43.0 55 22 1
Prime Securities Limited 3.2B 60.0 71.0 84.0 76 23 1
Industrial & Prudential Investment Company Limited 3.2B 47.0 77.0 61.0 68 24 1
Indo Thai Securities Limited 3.2B 96.0 53.0 39.0 42 25 1
Jaykay Enterprises Limited 3.0B 37.0 63.0 66.0 58 26 1
Systematix Corporate Services Limited 3.0B 45.0 76.0 97.0 93 27 1
Master Trust Limited 2.7B 70.0 72.0 60.0 64 28 1
STEL Holdings Limited 2.6B 91.0 61.0 51.0 55 29 1
IL&FS Investment Managers Limited 2.4B 53.0 57.0 55.0 57 30 1
ABans Enterprises Limited 2.4B 94.0 74.0 61.0 78 31 1
Quest Capital Markets Limited 2.1B 54.0 62.0 47.0 48 32 1
Almondz Global Securities Limited 2.0B 84.0 57.0 49.0 50 33 1
Industrial Investment Trust Limited 2.0B 56.0 58.0 67.0 62 34 1
Shardul Securities Limited 1.9B 56.0 63.0 62.0 61 35 1
Emkay Global Financial Services Limited 1.8B 92.0 83.0 91.0 90 36 1
Avonmore Capital & Management Services Limited 1.7B 81.0 75.0 66.0 79 37 1
Bombay Oxygen Investments Limited 1.7B 41.0 70.0 46.0 57 38 1
RSD Finance Limited 1.3B 55.0 56.0 56.0 49 39 1
Indbank Merchant Banking Services Limited 1.1B 94.0 63.0 77.0 73 40 1
LKP Finance Limited 1.1B 43.0 56.0 47.0 49 41 1
Welspun Investments and Commercials Limited 1.1B 67.0 73.0 55.0 60 42 1
LKP Securities Limited 1.1B 74.0 84.0 92.0 89 43 1
Greencrest Financial Services Limited 994.2M 84.0 68.0 66.0 63 44 1
McDowell Holdings Limited 969.0M 98.0 65.0 51.0 57 45 1
DB (International) Stock Brokers Limited 899.5M 47.0 61.0 48.0 55 46 1
Shriram Asset Management Company Limited 881.7M 56.0 69.0 77.0 71 47 1
Global Capital Markets Limited 697.0M 40.0 53.0 50.0 50 48 1
NCL Research & Financial Services Limited 556.6M 69.0 90.0 48.0 85 49 1
Intellivate Capital Ventures Limited 500.4M 87.0 63.0 83.0 70 50 1
GCM Securities Limited 476.8M 97.0 73.0 59.0 85 51 1
Pioneer Investcorp Limited 466.7M 82.0 63.0 57.0 65 52 1
Wallfort Financial Services Ltd. 457.2M 95.0 46.0 43.0 46 53 1
Yamini Investments Company Limited 441.6M 95.0 59.0 38.0 54 54 1
HB Stockholdings Limited 420.4M 82.0 56.0 72.0 66 55 1
Pro Fin Capital Services Ltd. 398.5M 40.0 48.0 43.0 43 56 1
HB Portfolio Limited 378.9M 44.0 46.0 50.0 47 57 1
Cni Research Limited 311.1M 37.0 71.0 72.0 59 58 1
Odyssey Corporation Limited 291.9M 90.0 56.0 96.0 76 59 1
Monotype India Limited 225.0M 39.0 64.0 65.0 64 60 1
Stampede Capital Limited 209.0M 97.0 67.0 71.0 69 61 1
BFL Asset Finvest Limited 207.6M 41.0 37.0 95.0 58 62 1
Onelife Capital Advisors Limited 181.7M 66.0 70.0 71.0 67 63 1
AF Enterprises Limited 171.1M 53.0 74.0 79.0 82 64 1
Esaar (India) Limited 148.2M 57.0 63.0 73.0 62 65 1
Cubical Financial Services Limited 117.3M 38.0 69.0 38.0 57 66 1
Goenka Business & Finance Limited 109.2M 43.0 95.0 41.0 89 67 1
Gemstone Investments Limited 75.5M 85.0 93.0 55.0 96 68 1
Confidence Finance and Trading Limited 73.9M 89.0 60.0 70.0 68 69 1
Essar Securities Limited 72.9M 52.0 50.0 84.0 50 70 1
Jackson Investments Limited 55.2M 97.0 61.0 94.0 72 71 1
Mathew Easow Research Securities Limited 38.5M 47.0 61.0 82.0 55 72 1
Pilani Investment and Industries Corporation Limited 21.2B 51.0 70.0 63.0 66 73 1
VLS Finance Limited 5.2B 57.0 76.0 61.0 70 74 1
Consolidated Finvest & Holdings Limited 4.4B 38.0 65.0 46.0 55 75 1
N.B.I. Industrial Finance Company Limited 4.2B 51.0 76.0 83.0 80 76 1
Wealth First Portfolio Managers Limited 3.1B 69.0 47.0 61.0 50 77 1
Inventure Growth & Securities Limited 2.4B 69.0 58.0 52.0 49 78 1
BLB Limited 1.1B 76.0 75.0 88.0 78 79 1
Steel City Securities Limited 910.2M 49.0 64.0 61.0 60 80 1

Cash Flow Analysis

Taking a high-level look at Alka's cash flow, it appears that management is going a fine job managing the cash flow and cash equivalents metrics that matter. Alka's management was effective in improving its CapEx, which now sits at -4.8M and represents -42.7% change from the previous report. This performance is all the more impressive relative to their peers and competitors. Consequently, their CapEx movement received a grade of 86. Also, Alka's strong net cash flow numbers, which were 1.3M in this filing, showed a -64.8% change from the last period. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. Consequently, their net cash flow movement received a grade of 83. However, one discouraging result, Asset Turnover, stood out. Asset turnover metrics during this period were surprisingly weak. Their reported asset turnover metrics of 0.4, which represents a 18.4% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.3%. The company's asset turnover metrics seem especially problematic relative to their peers. Correspondingly, their asset turnover movement received a grade of 42. Therefore, its cash flow earned a grade of 61.

Parameter Value Change Score
Net Cashflow 1.3M -64.8% 83
Capital Expenditure -4.8M -42.7% 86
Asset Turnover 0.4 18.4% 42
Free Cashflow Per Share 0.0 112.7% 54
* All values are TTM

The below chart describes Alka's performance as reflected on its cash flow with respect to its peers. While Alka received a cash flow score of 61, the average of its peers stands on 66.

  •  532166
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 72.0 65.0 68.0 64.0 67 0 1
Monarch Networth Capital Limited 12.0B 69.0 64.0 63.0 69.0 68 1 1
Dolat Algotech Limited 11.9B 65.0 72.0 71.0 76.0 76 2 1
UGRO Capital Limited 11.4B 70.0 67.0 67.0 63.0 68 3 1
Geojit Financial Services Limited 11.3B 76.0 54.0 56.0 65.0 65 4 1
PNB Gilts Ltd. 11.3B 69.0 59.0 68.0 50.0 55 5 1
BF Investment Limited 10.9B 70.0 63.0 68.0 65.0 66 6 1
Centrum Capital Limited 10.7B 67.0 67.0 67.0 90.0 88 7 1
5paisa Capital Limited 9.6B 66.0 67.0 67.0 82.0 81 8 1
Dhunseri Ventures Limited 9.1B 69.0 67.0 94.0 46.0 58 9 1
Kalyani Investment Company Limited 8.2B 82.0 53.0 69.0 93.0 85 10 1
Arihant Capital Markets Limited 7.0B 67.0 67.0 47.0 65.0 66 11 1
Summit Securities Limited 6.9B 85.0 51.0 96.0 71.0 87 12 1
Nahar Capital and Financial Services Limited 5.6B 63.0 84.0 95.0 46.0 67 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 66.0 98.0 52.0 81 14 1
The Investment Trust of India Limited 5.0B 64.0 71.0 69.0 62.0 65 15 1
Mahanivesh (India) Limited 4.5B 73.0 56.0 68.0 74.0 71 16 1
Dhunseri Investments Limited 4.5B 74.0 66.0 68.0 76.0 76 17 1
Kiran Vyapar Limited 4.0B 61.0 71.0 40.0 82.0 58 18 1
Swiss Military Consumer Goods Limited 3.7B 73.0 63.0 57.0 77.0 78 19 1
Aditya Birla Money Limited 3.5B 53.0 85.0 81.0 69.0 75 20 1
Jindal Photo Limited 3.5B 63.0 68.0 59.0 83.0 75 21 1
SIL Investments Limited 3.3B 79.0 54.0 41.0 95.0 81 22 1
Prime Securities Limited 3.2B 72.0 64.0 70.0 48.0 53 23 1
Industrial & Prudential Investment Company Limited 3.2B 59.0 77.0 67.0 88.0 87 24 1
Indo Thai Securities Limited 3.2B 61.0 66.0 48.0 46.0 42 25 1
Jaykay Enterprises Limited 3.0B 74.0 55.0 95.0 87.0 76 26 1
Systematix Corporate Services Limited 3.0B 83.0 46.0 65.0 68.0 75 27 1
Master Trust Limited 2.7B 71.0 66.0 46.0 50.0 50 28 1
STEL Holdings Limited 2.6B 54.0 84.0 68.0 40.0 45 29 1
IL&FS Investment Managers Limited 2.4B 58.0 74.0 85.0 85.0 79 30 1
ABans Enterprises Limited 2.4B 45.0 89.0 91.0 87.0 76 31 1
Quest Capital Markets Limited 2.1B 65.0 72.0 63.0 78.0 74 32 1
Almondz Global Securities Limited 2.0B 78.0 38.0 52.0 74.0 68 33 1
Industrial Investment Trust Limited 2.0B 67.0 72.0 59.0 71.0 71 34 1
Shardul Securities Limited 1.9B 68.0 65.0 76.0 84.0 81 35 1
Emkay Global Financial Services Limited 1.8B 61.0 72.0 91.0 65.0 70 36 1
Avonmore Capital & Management Services Limited 1.7B 66.0 71.0 65.0 66.0 70 37 1
Bombay Oxygen Investments Limited 1.7B 52.0 82.0 90.0 94.0 94 38 1
RSD Finance Limited 1.3B 51.0 66.0 68.0 61.0 54 39 1
Indbank Merchant Banking Services Limited 1.1B 75.0 61.0 53.0 52.0 53 40 1
LKP Finance Limited 1.1B 63.0 72.0 67.0 72.0 74 41 1
Welspun Investments and Commercials Limited 1.1B 63.0 80.0 68.0 38.0 50 42 1
LKP Securities Limited 1.1B 62.0 78.0 67.0 82.0 84 43 1
Greencrest Financial Services Limited 994.2M 68.0 68.0 69.0 67.0 67 44 1
McDowell Holdings Limited 969.0M 86.0 44.0 66.0 37.0 51 45 1
DB (International) Stock Brokers Limited 899.5M 60.0 81.0 68.0 65.0 67 46 1
Shriram Asset Management Company Limited 881.7M 66.0 67.0 81.0 84.0 84 47 1
Global Capital Markets Limited 697.0M 71.0 60.0 60.0 89.0 80 48 1
NCL Research & Financial Services Limited 556.6M 71.0 69.0 66.0 90.0 92 49 1
Intellivate Capital Ventures Limited 500.4M 66.0 71.0 62.0 83.0 79 50 1
GCM Securities Limited 476.8M 69.0 70.0 60.0 79.0 76 51 1
Pioneer Investcorp Limited 466.7M 80.0 56.0 71.0 62.0 64 52 1
Wallfort Financial Services Ltd. 457.2M 66.0 71.0 63.0 65.0 63 53 1
Yamini Investments Company Limited 441.6M 66.0 71.0 63.0 58.0 59 54 1
HB Stockholdings Limited 420.4M 70.0 66.0 59.0 60.0 67 55 1
Pro Fin Capital Services Ltd. 398.5M 70.0 71.0 66.0 51.0 63 56 1
HB Portfolio Limited 378.9M 73.0 63.0 56.0 91.0 88 57 1
Cni Research Limited 311.1M 69.0 69.0 64.0 62.0 60 58 1
Odyssey Corporation Limited 291.9M 70.0 69.0 69.0 98.0 88 59 1
Monotype India Limited 225.0M 67.0 69.0 65.0 46.0 49 60 1
Stampede Capital Limited 209.0M 66.0 71.0 63.0 97.0 82 61 1
BFL Asset Finvest Limited 207.6M 61.0 71.0 65.0 64.0 66 62 1
Onelife Capital Advisors Limited 181.7M 69.0 69.0 64.0 51.0 51 63 1
AF Enterprises Limited 171.1M 66.0 71.0 65.0 51.0 63 64 1
Esaar (India) Limited 148.2M 69.0 71.0 66.0 68.0 69 65 1
Cubical Financial Services Limited 117.3M 71.0 69.0 66.0 98.0 99 66 1
Goenka Business & Finance Limited 109.2M 69.0 70.0 60.0 51.0 50 67 1
Gemstone Investments Limited 75.5M 70.0 69.0 70.0 85.0 85 68 1
Confidence Finance and Trading Limited 73.9M 69.0 71.0 66.0 76.0 76 69 1
Essar Securities Limited 72.9M 71.0 69.0 66.0 86.0 88 70 1
Jackson Investments Limited 55.2M 66.0 71.0 62.0 81.0 77 71 1
Mathew Easow Research Securities Limited 38.5M 69.0 69.0 64.0 63.0 60 72 1
Pilani Investment and Industries Corporation Limited 21.2B 66.0 71.0 66.0 67.0 71 73 1
VLS Finance Limited 5.2B 68.0 69.0 60.0 66.0 64 74 1
Consolidated Finvest & Holdings Limited 4.4B 48.0 89.0 77.0 42.0 59 75 1
N.B.I. Industrial Finance Company Limited 4.2B 78.0 42.0 68.0 59.0 68 76 1
Wealth First Portfolio Managers Limited 3.1B 60.0 81.0 68.0 72.0 66 77 1
Inventure Growth & Securities Limited 2.4B 85.0 46.0 93.0 73.0 91 78 1
BLB Limited 1.1B 85.0 45.0 84.0 66.0 67 79 1
Steel City Securities Limited 910.2M 59.0 72.0 62.0 73.0 68 80 1

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