AKI India Ltd (AKI) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of AKI India Ltd ₹4.06, price ₹6.25, upside -35.0%, quality 25 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹0.9231 – ₹32.44 · fair‑value band ₹2.85 – ₹4.92 · the ₹6.25 price screens above the ₹4.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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AKI India Limited, together with its subsidiary, AKI UK Limited, designs, manufactures, and sells leather and leather goods in India and internationally. The company offers leather accessories; leather belts for men and women; leather duffel and small tote bags, as well as large briefcases and men's backpacks; and leather wallets and card holders.
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AKI India Limited, together with its subsidiary, AKI UK Limited, designs, manufactures, and sells leather and leather goods in India and internationally. The company offers leather accessories; leather belts for men and women; leather duffel and small tote bags, as well as large briefcases and men's backpacks; and leather wallets and card holders. It also provides leather shoes comprising formal, riding, deck, casual, and canvas shoes, as well as countryside boots; and pet accessories consisting of dog toys, collars, and leads. In addition, the company offers finished leather products, such as bag, upholstery, footwear, and belt leather, as well as washable nubucks; and equestrian products comprising horse covers, bridles, rugs, stirrup leather, halters, girths, nosebands, and harness sets. Further, it distributes leather chemicals. The company exports its products. AKI India Limited was incorporated in 1994 and is based in Kanpur, India.
Stock analysis
AKI India Ltd (AKI) currently trades at ₹6.25, while our model-based Fair Value estimate is ₹4.06, 35.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ₹6.51 per share, and 3 of the 9 models we run sit above the ₹6.25 price.
Bear case: the Multiples group reads lowest at ₹3.19, and 6 of the 9 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹2.85 (bear) to ₹4.92 (bull), the price of ₹6.25 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 25/100 (below-average quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
AKI India Ltd reported revenue of ₹1.1B in FY2026 versus ₹609M in FY2022, a compound +15.2%/yr. Reported net income was ₹19.3M in FY2026, compounding +4.1%/yr from FY2022.
Key figures
Market cap ₹699M (≈ $7.3M) · P/E ratio 24.0 · P/S ratio 0.43 · EPS (TTM) ₹0.2600 · Net margin 1.8% · Return on equity 2.9% · Return on assets (EBIT) −0.5% · Operating margin 4.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 59% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 49% fair-value upside, at −35%, AKI screens richer than that median.
Fair Value models
Bear ₹2.85Fair Value ₹4.06Bull ₹4.92
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹0.1311 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+32.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.1%
Start year 2021 (pandemic)
Revenue growth 6 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.4%
’20
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−5.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−5.3%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.0% → −6%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Footwear & Accessories · 91 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score25 · Bottom 25%
Fair Value upside−35.0% · Below median
Profitability
Return on equity (TTM)2.9% · Below median
Return on assets2.2% · Below median
Net margin (TTM)2.6% · Below median
Operating margin (TTM)4.4% · Below median
Growth and dividend
Revenue growth64.4% · Top 25%
Balance sheet
Debt / equity0.04× · Below median
Valuation Multiplesvs Footwear & Accessories median · lower = cheaper
P/E (TTM)24.0× · Pricier than median
P/B0.70× · Cheapest 25%
P/S (TTM)0.59× · Cheaper than median
EV/EBITDA9.5× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 43
FUTURE (revenue growth)100· sector 0
PAST (return on equity)12· sector 24
HEALTH (low debt)98· sector 96
DIVIDEND (yield)0· sector 55
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "AKI India Ltd Fair Value". https://www.fairvalue-calculator.com/stock/AKI
Frequently asked questions
Is AKI India Ltd (AKI) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹4.06 versus a price of ₹6.25, about −35% upside (overvalued).
What is the fair value of AKI?
Our model-based fair value for AKI India Ltd is ₹4.06 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹6.25.
What is the quality score of AKI?
AKI India Ltd has a Quality Score of 25/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for AKI India Ltd (AKI)?
Our model-based price target is the fair value of ₹4.06 (as of Sep 27, 2026) from 9 valuation models. Cautious scenario ₹2.85, optimistic scenario ₹4.92. It is a calculation from audited fundamentals, not an analyst target.
What is the AKI India Ltd stock forecast for 2026?
Our models put fair value at ₹4.06, about −35% upside versus a price of ₹6.25 (overvalued). Cautious scenario ₹2.85, optimistic scenario ₹4.92. The calculation is refreshed regularly with new filings.
What is the revenue of AKI India Ltd (AKI)?
AKI India Ltd reported trailing-twelve-month revenue of about ₹1.2B (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of AKI India Ltd (AKI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AKI India Ltd it is ₹4.06 per share (as of Sep 27, 2026), against a price of ₹6.25. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is AKI India Ltd stock overvalued or undervalued in 2026?
As of Sep 27, 2026, AKI trades above its calculated fair value: price ₹6.25, fair value ₹4.06, a gap of about −35% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of AKI?
No. The price is what the market pays today (₹6.25); the fair value is what the company's own numbers justify (₹4.06). For AKI India Ltd the two are ₹2.19 per share apart. That gap is exactly why we show both numbers side by side.
How much is AKI India Ltd worth?
The market values AKI India Ltd at about ₹699M (market capitalisation, as of Sep 27, 2026). Per share that is ₹6.25; our models calculate a fair value of ₹4.06 per share.
What do the bullish and bearish scenarios say about AKI?
Our models span a range for AKI India Ltd: cautious scenario ₹2.85, base ₹4.06, optimistic ₹4.92 per share (as of Sep 27, 2026, price ₹6.25). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AKI?
AKI India Ltd trades at a price-to-earnings ratio of 24.0 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹4.06 is built from several models across several years. Other multiples: P/B 0.7, P/S 0.6, EV/EBITDA 9.5.
How solid is the balance sheet of AKI India Ltd (AKI)?
Balance-sheet figures for AKI India Ltd (as of Sep 27, 2026): return on equity 2.9%, debt of 0.04 per unit of equity. They feed the Quality Score of 25/100, which measures business quality independently of the share price.
How far is AKI from its 52-week high?
AKI India Ltd trades at ₹6.25, about 32% below its 52-week high of ₹9.23 and 59% above the low of ₹3.93 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of ₹4.06 is for.
Which stocks are comparable to AKI India Ltd?
From the same area (Consumer Cyclical) we also value NIKE, Inc, Deckers Outdoor Corporation, On Holding, Zhejiang China Commodities City Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is AKI India Ltd stock attractive at the current price?
The data as of Sep 27, 2026: price ₹6.25, calculated fair value ₹4.06 (−35%), Quality Score 25/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of AKI calculated?
We run AKI India Ltd through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹4.06, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. AKI India Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of AKI India Ltd (AKI)?
The closing price on Sep 30, 2026 was ₹6.25. Our model-based fair value is ₹4.06, about −35% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with AKI India Ltd right now?
The price sits above even our optimistic bull case (₹4.92). The favourable scenario is already priced in. Weak quality (25/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of AKI India Ltd
How large is the market capitalisation of AKI India Ltd (AKI)?
The market capitalisation of AKI India Ltd is ₹699M (≈ $7.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of AKI India Ltd (AKI)?
The price-to-sales ratio of AKI India Ltd is 0.43 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of AKI India Ltd (AKI)?
Earnings per share at AKI India Ltd are ₹0.2600 (price ÷ EPS = P/E 24.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of AKI India Ltd (AKI)?
The net margin of AKI India Ltd is 1.8% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of AKI India Ltd (AKI)?
The return on equity (ROE) of AKI India Ltd is 2.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of AKI India Ltd (AKI)?
On an EBIT basis the return on assets of AKI India Ltd is −0.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of AKI India Ltd (AKI)?
The operating margin of AKI India Ltd is 4.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AKI India Ltd (AKI)?
Revenue at AKI India Ltd is growing +64.4% versus a year earlier (3y avg +15.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at AKI India Ltd (AKI)?
Earnings per share at AKI India Ltd are growing +150% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does AKI India Ltd (AKI) generate?
The free cash flow of AKI India Ltd is −₹210M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does AKI India Ltd (AKI) carry?
The net debt of AKI India Ltd is ₹168M (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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