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AKUMS - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.2

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 3.2

Stock Code AKUMS Market Cap 8,614 Cr. Current Price 547 ₹ High / Low 623 ₹
Stock P/E 67.9 Book Value 151 ₹ Dividend Yield 0.00 % ROCE 16.2 %
ROE 13.2 % Face Value 2.00 ₹ DMA 50 500 ₹ DMA 200 492 ₹
Chg in FII Hold 0.24 % Chg in DII Hold -0.05 % PAT Qtr 31.0 Cr. PAT Prev Qtr 23.5 Cr.
RSI 61.1 MACD 14.2 Volume 2,59,876 Avg Vol 1Wk 1,70,404
Low price 409 ₹ High price 623 ₹ PEG Ratio 1.98 Debt to equity 0.02
52w Index 64.6 % Qtr Profit Var -24.7 % EPS 7.88 ₹ Industry PE 30.1

📊 Financials: AKUMS shows moderate fundamentals with ROE at 13.2% and ROCE at 16.2%, reflecting acceptable efficiency. Debt-to-equity ratio of 0.02 highlights a virtually debt-free balance sheet. PAT improved from ₹23.5 Cr. to ₹31.0 Cr., but quarterly profit variation (-24.7%) indicates inconsistency. EPS of ₹7.88 remains modest relative to valuation.

💹 Valuation: Current P/E of 67.9 is significantly above industry average (30.1), suggesting overvaluation. PEG ratio of 1.98 signals expensive growth relative to earnings. P/B ratio (~3.6) is moderately high compared to book value ₹151, limiting intrinsic value comfort.

🏢 Business Model: AKUMS operates in pharmaceuticals, benefiting from strong demand and manufacturing scale. Competitive advantage lies in its diversified portfolio and near debt-free status. However, earnings volatility and stretched valuations reduce margin of safety.

📈 Entry Zone: Ideal entry closer to ₹480–510, near DMA 200 (₹492) and below current price ₹547. This range offers better valuation comfort and aligns with technical support levels.

📌 Long-Term Holding: Suitable for medium-term investors (2–3 years). Long-term holding beyond 3 years should be considered only if earnings stabilize and ROE/ROCE improve.


Positive

  • Near debt-free balance sheet (Debt-to-equity 0.02)
  • Quarterly PAT growth compared to previous quarter
  • FII holdings increased (+0.24%), showing foreign investor confidence
  • Strong trading volumes above weekly average

Limitation

  • High P/E (67.9) vs industry average (30.1)
  • PEG ratio of 1.98 indicates overvaluation relative to growth
  • No dividend yield, limiting shareholder returns
  • Quarterly profit variation (-24.7%) shows inconsistency
  • DII holdings decreased (-0.05%), reflecting reduced domestic interest

Company Negative News

  • No major negative news reported, but valuation and profit volatility remain concerns

Company Positive News

  • Quarterly profit growth compared to previous quarter shows momentum
  • Near debt-free balance sheet provides financial flexibility

Industry

  • Industry P/E at 30.1 reflects moderate sector valuation
  • Pharmaceutical sector benefits from long-term demand and innovation-driven growth

Conclusion

AKUMS is moderately attractive with near debt-free status and improving profits, but valuations are stretched. Entry is recommended around ₹480–510 for better margin of safety. For existing holders, a medium-term horizon (2–3 years) with partial exits near ₹600–620 is advisable. Long-term holding beyond 3 years should be considered only if ROE/ROCE improve and earnings stabilize.

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