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Akshar Spintex (NSE:AKSHAR) Revenue : ₹1,652 Mil (TTM As of Dec. 2023)


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What is Akshar Spintex Revenue?

Akshar Spintex's revenue for the three months ended in Dec. 2023 was ₹448 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₹1,652 Mil. Akshar Spintex's Revenue per Share for the three months ended in Dec. 2023 was ₹1.61. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹5.60.

During the past 12 months, the average Revenue per Share Growth Rate of Akshar Spintex was 14.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 10 years, Akshar Spintex's highest 3-Year average Revenue per Share Growth Rate was 82.90% per year. The lowest was 6.00% per year. And the median was 13.15% per year.


Akshar Spintex Revenue Historical Data

The historical data trend for Akshar Spintex's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akshar Spintex Revenue Chart

Akshar Spintex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,006.10 1,090.97 1,102.36 1,725.19 1,365.55

Akshar Spintex Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 310.35 384.12 384.50 435.68 448.03

Competitive Comparison of Akshar Spintex's Revenue

For the Textile Manufacturing subindustry, Akshar Spintex's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akshar Spintex's Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Revenue distribution charts can be found below:

* The bar in red indicates where Akshar Spintex's Revenue falls into.



Akshar Spintex Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,652 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Akshar Spintex  (NSE:AKSHAR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Akshar Spintex Revenue Related Terms

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Akshar Spintex (NSE:AKSHAR) Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

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