Aksh Optifibre Ltd
Telecommunications Equipment | Small Cap
Aksh Optifibre Ltd, operating in the Telecommunication Services sector, presents a mixed financial picture. The company shows strengths in solvency, driven by a manageable Debt to Asset Ratio. However, liquidity is a concern due to low current and cash ratios. The company demonstrates effectiveness in inventory and receivable management, but struggles with fixed asset and capital turnover. Growth metrics are varied, with positive trends in Earnings Per Share and Net Income Growth, but declines in revenue and asset growth. Coverage ratios are weak, indicating potential difficulties in meeting interest and dividend obligations. Profitability is challenged by negative margins and returns. Overall, the company needs to address its liquidity and profitability issues while leveraging its solvency and specific growth areas.
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- Valuation MetricsHighly Undervalued
- Market Metrics
- Stock Reports
- Stock News
- Growth Ratio6.00
- Financial Ratio2.40
- Profitability Ratio2.00
- Efficiency Ratio5.67
- Coverage Ratio2.00
- Solvency Ratio7.80
- Liquidity Ratio3.08
- Peer Assessment
- Management AssessmentWeak
- Risk AssessmentWeak
- 1 HourNeutral
- 2 HoursNeutral
- 4 HoursNeutral
- 1 DayNeutral
- 1 WeekNeutral
- 1 MonthNeutral
Aksh Optifibre Ltd, operating in the Telecommunication Services sector, presents a mixed financial picture. The company shows strengths in solvency, driven by a manageable Debt to Asset Ratio. However, liquidity is a concern due to low current and cash ratios. The company demonstrates effectiveness in inventory and receivable management, but struggles with fixed asset and capital turnover. Growth metrics are varied, with positive trends in Earnings Per Share and Net Income Growth, but declines in revenue and asset growth. Coverage ratios are weak, indicating potential difficulties in meeting interest and dividend obligations. Profitability is challenged by negative margins and returns. Overall, the company needs to address its liquidity and profitability issues while leveraging its solvency and specific growth areas.
Overall Valuation Score
P/E RATIO (TTM)
-4.19
Industry Median
4.05
Small Cap Median
4.05
P/E RATIO
-3.38
P/B RATIO
-60.00
Industry Median
3.63
Small Cap Median
3.63
P/S RATIO
0.68
Industry Median
5.31
Small Cap Median
5.31
Others
PEG RATIO
-0.69
EV/EBITDA RATIO
88.02
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹5.4 as on Jun 15, 2026.
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The company exhibits mixed growth performance. While the positive growth in earnings per share and net income indicates improving profitability, the declines in revenue and asset growth suggest challenges in expanding the company's top line and asset base. Balancing these factors will be crucial for sustainable growth. The weighted average calculation gives more emphasis to recent performance.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 22.36 | -8.97 | -21.53 | -40.93 | -0.79 |
| Operating Profit Growth Rate | 48.57 | -13.46 | -80 | -133.33 | -200 |
| Earnings Per Share (EPS) Growth | 650 | -9.52 | -1455.79 | -90.37 | -57.26 |
| Asset Growth Rate | -3.28 | -11.13 | -44.37 | -12.21 | 6.09 |
| Net Income Growth Rate | 750 | -11.76 | -1500 | -90.48 | -55 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
The financial ratios indicate significant challenges in key performance areas. Negative adjusted and cash earnings per share, along with a low book value per share, suggest weak profitability and asset value. The absence of dividends and a moderate level of capital expenditures further reflect the company's constrained financial position. The weighted average calculation gives more emphasis to recent performance.
| Financial Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Adjusted Earnings Per Share (Adjusted EPS) | 1.05 | 0.86 | 0.74 | -1.23 | -0.62 |
| Cash Earnings Per Share (Cash EPS) | 1.98 | 1.85 | -12.16 | -0.49 | 0.06 |
| Book Value Per Share | 17.53 | 18.52 | 6.73 | 5.49 | 5 |
| Dividend Per Share (DPS) | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures (CapEx) | 3.5 | 5.4 | 3 | 0.1 | 0.9 |
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)
Book Value Per Share
Dividend Per Share (DPS)
Capital Expenditures (CapEx)
The company's profitability ratios reveal significant challenges. Negative gross profit, return on capital employed, return on equity, return on assets, operating margin, and net margin all indicate poor financial performance. This situation requires a comprehensive strategic review to identify and address the underlying issues affecting profitability. The weighted average calculation gives more emphasis to recent performance.
| Profitability Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Profit Margin | 12.29 | 10.95 | -1.86 | -11.81 | -5.56 |
| Return on Capital Employed (ROCE) | 11 | 9 | 0 | -8 | -3 |
| Return on Equity (ROE) | 5.99 | 5 | -192.66 | -22.47 | -11.11 |
| Return on Assets (ROA) | 9.81 | 9.55 | 3.44 | -1.3 | 1.23 |
| Operating Margin | 17.28 | 16.42 | 4.19 | -2.36 | 2.38 |
| Net Margin | 5.65 | 5.47 | -97.67 | -15.75 | -7.14 |
Gross Profit Margin
Return on Capital Employed (ROCE)
Return on Equity (ROE)
Return on Assets (ROA)
Operating Margin
Net Margin
The efficiency ratios suggest mixed operational performance. While the inventory turnover and days sales in inventory indicate effective inventory management, the fixed asset and capital turnover ratios show potential underutilization of assets. This suggests that the company could improve its revenue generation from its fixed assets and overall capital investments. The weighted average calculation gives more emphasis to recent performance.
| Efficiency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Fixed Asset Turnover Ratio | 2.23 | 2.17 | 1.94 | 1.27 | 1.38 |
| Inventory Turnover Ratio | 7.42 | 8.75 | 10.61 | 8.1 | 8.76 |
| Receivables Turnover Ratio | 2.89 | 3.79 | 6.87 | 5.59 | 4.71 |
| Days Sales in Inventory Ratio | 49.19 | 41.71 | 34.4 | 45.06 | 41.67 |
| Receivable Days | 126.3 | 96.31 | 53.13 | 65.3 | 77.49 |
| Capital Turnover Ratio | 1 | 0.9 | 1.94 | 1.38 | 1.52 |
Fixed Asset Turnover Ratio
Inventory Turnover Ratio
Receivables Turnover Ratio
Days Sales in Inventory Ratio
Receivable Days
Capital Turnover Ratio
The company's coverage ratios suggest a weak ability to meet its interest and dividend obligations. The negative interest coverage ratio indicates that the company is not generating enough operating income to cover its interest expenses. Additionally, the lack of equity dividend coverage reflects the absence of dividend payouts. This situation poses a financial risk, particularly in the capital-intensive telecommunications sector. The weighted average calculation gives more emphasis to recent performance.
| Coverage Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Interest Coverage Ratio | 2.2 | 2.77 | -22.3 | -1.44 | -0.57 |
| Equity Dividend Coverage Ratio |
Interest Coverage Ratio
Equity Dividend Coverage Ratio
The company demonstrates a moderately strong solvency position. While the debt-to-equity ratio suggests a balanced use of debt and equity, the low debt-to-asset ratio indicates that the company is not overly reliant on debt to finance its assets. This financial structure provides a buffer against financial distress. The weighted average calculation gives more emphasis to recent performance.
| Solvency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debt Ratio | 0.05 | 0.01 | 0.02 | 0.03 | 0.02 |
| Debt to Equity Ratio | 0.05 | 0.01 | 0.02 | 0.03 | 0.02 |
| Equity Ratio | 0.95 | 0.99 | 0.98 | 0.97 | 0.98 |
| Debt To Asset Ratio | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 |
Debt Ratio
Debt to Equity Ratio
Equity Ratio
Debt To Asset Ratio
The company's liquidity position reveals some challenges. While the quick ratio and operating cash flow ratio indicate some ability to meet short-term obligations, the low current and cash ratios suggest that the company may face difficulties in covering its immediate liabilities. This necessitates cautious financial management to ensure the company can meet its short-term obligations, particularly within the telecommunications industry where maintaining operational efficiency is critical.
| Liquidity Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Current Ratio | 0.92 | 0.96 | 0.79 | 0.75 | 0.79 |
| Quick Ratio | 0.77 | 0.84 | 0.66 | 0.65 | 0.69 |
| Cash Ratio | 0.08 | 0.04 | 0.14 | 0.14 | 0.15 |
| Operating Cash Flow Ratio | 0.25 | 0.32 | 0.15 | -0.14 | -0.02 |
Current Ratio
Quick Ratio
Cash Ratio
Operating Cash Flow Ratio
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Tamil Nadu Telecommunications Ltd | 4.97 | -2.72 | Neutral | -2.00 | -3.39 | -15.00 |
| 2 | Aksh Optifibre Ltd | 4.38 | -3.38 | Highly Undervalued | 3.00 | -0.53 | -9.00 |
The management of Aksh Optifibre Ltd. is assessed as Red due to significant weaknesses in financial performance, capital efficiency, and shareholding structure. Declining sales growth and negative profitability metrics indicate operational and strategic challenges. Poor capital efficiency, reflected in negative ROCE and ROE, raises concerns about resource management. Decreasing promoter holding further exacerbates these concerns, suggesting a lack of confidence in the company's future. Addressing these issues is crucial for the company's sustainability.
| Category | Metric | Value | Assessment |
|---|---|---|---|
| CONS | Sales Growth | Negative across all periods | Indicates significant challenges in revenue generation. |
| Return on Equity (ROE) | -107.25% | Reflects poor utilization of shareholder equity. | |
| Promoter Holding | Decreasing trend | Suggests potential lack of confidence in the company's future prospects. |
Financial Performance & Growth
Aksh Optifibre demonstrates a concerning trend in financial performance. Sales growth has been negative across multiple time frames. The compounded sales growth is: 10-year at -10%, 5-year at -15%, 3-year at -26%, and TTM at -41%. This consistent decline indicates significant challenges in revenue generation. YOY Sales Growth % has been negative in recent quarters, with Mar 2024 at -36.80%, Jun 2024 at -27.59%, Sep 2024 at -56.71%, Dec 2024 at -43.95%, and Mar 2025 at -34.42%, reflecting ongoing difficulties in sustaining sales. Operating Profit Margin (OPM) has also deteriorated, with Mar 2024 at -1.51%, Jun 2024 at -0.95%, Sep 2024 at -15.05%, Dec 2024 at -2.83% and Mar 2025 at 0.33% indicating operational inefficiencies. Net profit has also been consistently negative, further highlighting profitability issues.
| Metric | 2014-2016 | 2017-2019 | 2020-2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Sales Growth (%) | 27.3% | 6.0% | 4.3% | -9.49% | -23.07% | -40.97% |
Capital Efficiency & Returns
The company's capital efficiency and returns are significantly weak. Return on Capital Employed (ROCE) is negative, with a current ROCE of -13.45%. Similarly, Return on Equity (ROE) is also substantially negative at -107.25%. These negative returns indicate that the company is not effectively utilizing its capital to generate profits and shareholder value. The negative ROCE % has been declining, from 9% in 2016 to -13% in 2025. The negative ROE % has been declining, from -4% in 2014 to -112% in 2025. These metrics raise concerns about the company's ability to generate adequate returns and efficiently manage its capital. The Cash Conversion Cycle (CCC) has fluctuated but remains relatively high, indicating inefficiencies in working capital management.
| Metric | 2014-2016 | 2017-2019 | 2020-2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| ROCE (%) | 7.0% | 7.0% | 3.7% | 9% | -33% | -13% |
| ROE (%) | 5.2% | 17.3% | -8.7% | -17% | -87% | -107% |
Financial Health & Prudence
Aksh Optifibre's financial health presents a mixed picture. The Debt/Equity Ratio has improved, indicating reduced financial leverage and decreased risk associated with debt financing. However, interest coverage remains a concern. The company's ability to cover its interest expenses with operating profit is questionable, as evidenced by recent negative profit before tax figures. Dividend payout is consistently at 0%, indicating the company is not sharing profits with shareholders. The Borrowings has decreased from 135 in 2014 to 99 in 2025. The Debt/Equity Ratio has improved from 0.38 in 2014 to -1.41 in 2025
| Metric | 2014-2016 | 2017-2019 | 2020-2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Debt/Equity | 0.38 | 0.68 | 2.61 | -30.5 | -2.49 | -1.41 |
| Interest Coverage | N/A | N/A | N/A | N/A | N/A | N/A |
Shareholding & Ownership Structure
The shareholding pattern of Aksh Optifibre indicates potential concerns regarding promoter confidence and alignment with shareholder interests. There has been a notable decrease in promoter holding over the recent periods. The promoter holding has decreased from 27.95% in Mar 2023 to 24.30% in Mar 2025. The reduced promoter stake may signal a lack of confidence in the company's future prospects. Increased public holding along with decreased promoter holding has increased from 72.04% in Mar 2023 to 75.70% in Mar 2025
| Metric | Mar 2017 | Mar 2019 | Mar 2021 | Mar 2023 | Mar 2025 |
|---|---|---|---|---|---|
| Promoter Holding (%) | 27.85% | 27.95% | 27.95% | 27.95% | 24.30% |
The risk assessment for Aksh Optifibre Ltd. is flagged as Red due to negative profitability and declining sales. These factors indicate operational and financial vulnerabilities. Addressing the segment performance volatility is critical for stabilizing revenue streams and ensuring long-term sustainability.
Segment performance volatility
Aksh Optifibre experiences significant segment performance volatility evident from fluctuations in quarterly sales. There is a fluctuation in sales values from 88.18 in Mar 2022 to 32.98 in Mar 2025. The inconsistency in sales performance across quarters highlights potential challenges in managing and stabilizing revenue streams. This variability impacts overall financial predictability and indicates operational instability.
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