Alankit Limited provides e-governance products and services in India. It operates through four segments: Financial Services, E- Governance Services, E- Governance Trading, and IT Enabled Services. The company offers permanent account number (PAN) card applications; change in PAN particulars applications; e-TDS/e-TCS/AIR/e-TBAF returns in electronic mode from corporate and non-corporate assesses; digitization of paper returns filed with income tax department; enrolment, uploading of details, and correction/updating in Aadhaar card; and Goods and Services Tax (GST) Suvidha Provider that provides end to end GST compliance solution. It also offers manpower consultancy services; and Atal Pension Yojana that save small amounts during years and enables to draw pension at the old age. In addition, the company is involved in distribution of card printers and accessories; and implementation and management of paper to follow process for the cheque truncation system, as well as business correspondent activities; and develops National Skills Registry, a fact sheet of credible, permanent, and accessible information about each registered person. Further, it provides Recordxpert.com, a web-based health and wellness portal for scanning and digitization of medical records; GST billing solutions, including GST Filing, GST Invoice Generation, and GST Accounting software; online GST registration and kiosk banking services; and National Insurance"Policy Repository services to store insurance policies electronically, as well as PAN card correction services. The company was formerly known as Euro Finmart Limited and changed its name to Alankit Limited in September 2014. Alankit Limited was incorporated in 1989 and is based in New Delhi, India.
Research context
Alankit Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Technology
- Industry
- Information Technology Services
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5 years, 6 months ago
Alankit Limited is currently in a long term uptrend where the price is trading 37.0% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.8.
Alankit Limited's total revenue sank by 2.0% to $323M since the same quarter in the previous year.
Its net income has dropped by 20.1% to $37M since the same quarter in the previous year.
Finally, its free cash flow grew by 19.6% to $-42M since the same quarter in the previous year.
Based on the above factors, Alankit Limited gets an overall score of 3/5.