Aki Share Price

AKI India Limited, with its registered office in Kanpur, Uttar Pradesh, functions as a leather and leather goods manufacturing and export company in India. The company was originally incorporated as AKI Leather Industries Private Limited in 1994 and later changed its name to AKI India Limited. AKI India manufactures a diverse range of leather products including leather accessories such as belts, bags, briefcases, backpacks, wallets and card holders, leather shoes including formal, riding, deck and casual shoes, equestrian products including bridles, halters, chaps, rugs and harness sets, and pet accessories such as dog toys, collars and leads. The company also offers finished leather products and distributes leather chemicals, with its subsidiary AKI UK Limited supporting international operations. 

AKI India share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the leather and consumer goods sector. The company’s financial health depends on production volumes, raw material costs including hides and skins, capacity utilization rates, export demand, and the performance of its tannery, footwear, equestrian, and leather product segments. AKI India stock price is influenced by various factors such as earnings, export incentives and import duties, regulatory changes in the leather industry, and global demand for finished leather goods. In the longer run, strategies such as expanding product portfolio, increasing value‑added product offerings, and entering new geographic markets affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements. 

AKI India live share price provides real‑time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of AKI India live price helps in observing short term price volatility and shows how a stock moves relative to the broader consumer goods index. Furthermore, tracking AKI India stock price movements helps investors understand real‑time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short‑term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook. 

AKI India Limited Company Fundamentals 

A. Company Background

AKI India Limited was incorporated in 1994 and is based in Kanpur, Uttar Pradesh. The company operates primarily in the leather and leather goods manufacturing segment, supplying products such as leather accessories, equestrian gear, footwear, finished leather products, and pet accessories. Its manufacturing operations are based in India, with a major production facility located in Kanpur, Uttar Pradesh, while corporate functions are managed from its registered office in Kanpur. Over time, the company has expanded its product portfolio and established a subsidiary, AKI UK Limited, to serve both domestic and international markets. Financial performance is assessed through standard metrics such as revenue growth, operating margins, and capacity utilisation. Market valuation indicators such as the P/E ratio are used by analysts for comparative assessment within the leather manufacturing sector. Overall fundamentals are influenced by raw material availability, demand cycles in consumer goods and equestrian sectors, and input cost fluctuations.

B. Company Product Lines

• Leather Accessories: Offers belts for men and women, duffel and small tote bags, large briefcases, men’s backpacks, leather wallets and card holders. 

• Footwear: Produces formal shoes, riding boots, deck shoes, casual shoes, canvas shoes, jockey boots, polo boots, chaps, and boot trees. 

• Equestrian Products: Manufactures horse covers, bridles, rugs, stirrup leather, halters, girths, nosebands, harness sets, and saddlery goods. 

• Finished Leather and Other Products: Offers bag leather, upholstery leather, footwear leather, belt leather, washable nubucks, pet accessories including dog toys and collars, and distributes leather chemicals. 

C. Company Revenue Model

• Domestic Manufacturing Sales: Revenue generated through sale of leather products to domestic retailers, institutional customers, and distributors across India. 

• Export Sales: Contribution from international customers in the UAE, United Kingdom, rest of Europe, South Africa, Australia, and other global markets. 

• Subsidiary Operations: Income from AKI UK Limited’s trading and distribution of leather goods in international markets. 

• Finished Leather Trading: Revenue from sale of finished leather products and distribution of leather chemicals. 

D. Geographic Presence

• Registered Office: Kanpur, Uttar Pradesh, India 

• Manufacturing Facility: Primary production plant located in Kanpur, Uttar Pradesh 

• Distribution Network: Domestic distribution across India through direct sales channels and institutional customers 

• Export Markets: Products supplied to the United Arab Emirates, the United Kingdom, rest of Europe, South Africa, Australia, and other select international markets 

E. Key Milestones

• 1994: Incorporation of AKI India Limited 

• 2018: Initial Public Offering (IPO) in October 

• 2018: Listing of equity shares on BSE and NSE on October 12 

• Recent years: Continued focus on product portfolio expansion and export market development 

F. Industry Perspective

The leather manufacturing industry is capital‑intensive and closely linked to demand from consumer goods, fashion, footwear, and equestrian sectors. Demand trends are influenced by economic activity, consumption levels, fashion cycles, and growth in organised retail both domestically and globally. The industry also faces fluctuations in raw material prices such as hides and skins, along with energy and logistics costs. Environmental regulations and sustainability requirements increasingly shape production practices and capital investment decisions. Companies in the sector must manage cyclical demand patterns and cost volatility while maintaining operational efficiency and product quality. These factors collectively influence financial performance and investor perception of firms like AKI India within the broader leather manufacturing ecosystem.

AKI India Stock Market Presence: Listings & Index Representation 

AKI India Limited is listed on the National Stock Exchange under the symbol AKI and on the Bombay Stock Exchange with the scrip code 542020. AKI India share price is actively traded on both exchanges. The company completed its Initial Public Offering in October 2018 and equity shares were listed on both exchanges effective Friday, October 12, 2018. The company’s market presence is within the small‑cap segment of the market. Due to its size and sector focus, AKI India stock price is generally tracked by investors interested in the leather and consumer goods industry. 

AKI India Limited is part of several broad‑based and sector‑specific stock market indices, reflecting its position as a small‑cap leather company in India. While it is not included in benchmark indices like the Sensex or Nifty 50, it is a constituent of wider market indices such as the BSE SmallCap and BSE Consumer Discretionary indices. AKI India share price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other leather and consumer goods companies. AKI India stock price is influenced by its index inclusion, which provides visibility among market participants focused on the small‑cap segment. 

AKI India Limited Stock Performance and Share Price History 

AKI India share price on the NSE reflects its position as a leather and leather goods manufacturer and exporter in India. Its performance is qualitatively driven by factors such as production capacity utilization, management of raw material costs including hides and skins, growth in export sales, and the ability to control operational expenses. Investors compare the stock’s current movement with other leather and consumer goods companies to assess relative strength. 

These underlying factors become visible through real market movements across different time periods. Similar trends appear during earnings‑driven price changes. Broader sector strength has also supported the stock at times. Beyond operational and sector influences, corporate actions such as the company’s diversification into new product categories can significantly affect share price movements by shaping future growth expectations. This shows how strategic initiatives may trigger short‑term swings, even within a regulatory environment influenced by export policies, import duties, and international demand cycles. 

While short‑term movements respond to events and announcements, longer‑term valuation trends are better captured by the stock’s annual high and low levels, offering context beyond daily or weekly changes. A notable peak indicates stronger export demand and stable margins, whereas a significant low aligns with market corrections or sector volatility. These extremes reflect the impact of trade policies, global leather goods demand trends, and earnings visibility, providing a framework for understanding historical performance. 

AKI India stock behavior mirrors the trading patterns of a small‑cap leather company within India’s manufacturing ecosystem. The company’s diversified portfolio spanning leather accessories, footwear, equestrian products, and finished leather has shaped its price history. Over the past several years, the stock has experienced periods of sharp gains followed by phases of consolidation. For instance, it delivered positive annual returns in certain periods but recorded negative returns in other years, with the stock trading in a wide range reflecting the volatility of the export‑oriented leather sector. 

The company’s performance has closely tracked India’s leather export demand and global consumption patterns. Positive momentum appeared during the post pandemic recovery, driven by increased demand for leather goods from international markets. However, periods of high raw material costs, weak global demand, and competitive pressure from other leather‑producing nations have led to consolidation in the stock price. Profitability has shown variability across recent quarters and full fiscal years, primarily due to fluctuations in export orders and input costs, highlighting the cyclical nature of the leather industry. 

Despite COVID‑19 disruptions, AKI India shares showed resilience during the pandemic recovery phase. While the broader leather sector faced supply chain challenges and reduced export orders, the company’s diversified product mix and export presence across multiple geographies helped the stock recover from pandemic lows. The company maintains a manufacturing facility in Kanpur and exports its products to the UAE, the United Kingdom, Europe, South Africa, and Australia through its subsidiary AKI UK Limited. 

The share price has declined for several recurring reasons. A drop in export demand or reduction in leather goods realizations directly impacts profitability and leads to selling pressure. Changes in government policy—such as modifications in export incentives, import duties on raw materials, or environmental regulations affecting tanneries—can also cause the stock to fall. Moreover, increases in operational costs (e.g., hides and skins procurement, energy expenses, or compliance costs) without matching price increases squeeze margins, making the stock less attractive. Periods of global economic slowdown that affect discretionary spending on fashion and leather goods raise concerns about export volumes, leading to price declines. The stock is sensitive to raw material price movements; if hides and skins prices rise significantly, it can cause the stock to fall as investors adjust expectations for future margin growth. Broader market sell offs in small cap consumer goods stocks also pull the price down, regardless of the company’s individual performance. Lower capacity utilization or reduced sales in any product category directly hurts revenue, resulting in a lower valuation. 

AKI India Limited Investor Relevance and Role in Portfolio 

AKI India Limited is a holding in small cap and consumer goods sector portfolios, offering exposure to leather goods manufacturing, footwear production, equestrian products, and finished leather trading. Its inclusion in consumer indices underscores its importance in India’s leather manufacturing space. The company’s position as a diversified leather product manufacturer with an international subsidiary, together with its export presence across multiple countries, makes it a consideration for long term allocations. 

The share price is influenced by the company’s ownership structure. AKI India’s equity is held by a mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s leather sector. Promoters hold a stable majority stake of 53.92 percent as of March 2026, reflecting strong internal control. Foreign institutional investors held 0.28 percent in December 2025, which decreased from 0.98 percent in September 2025 and 2.71 percent in March 2025. Mutual funds do not hold any stake in the company as of March 2026. Domestic institutional investors hold no stake. The public holds the remaining stake of 46.08 percent through retail and other individual investors. The company’s management includes Mohammad Ajwad as Managing Director and Director and Asad Kamal Iraqi as Chief Executive Officer. This investor base, with stable promoter participation, underscores the company’s role as a holding in both domestic and focused portfolios concentrating on leather manufacturing. 

Beyond fundamentals and ownership, the stock is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on export orders, raw material costs, and regulatory policy actions such as export incentives and environmental compliance norms. The stock is available for trading on both major Indian exchanges, allowing investors to take positions based on their outlook for the leather sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements, such as changes in export duties or trade agreements. 

Technical indicators provide additional insight into short term momentum shifts in the stock price. While these indicators are primarily used for near term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short term and weekly timeframe, the stock has exhibited price movements that correlate with broader consumer goods sector trends. Based on available data, the stock’s trading has shown significant volatility with a 52‑week range reflecting the price fluctuations of a small‑cap export‑oriented company. The company’s debt to equity ratio reflects a certain use of leverage for working capital requirements typical of manufacturing companies. Return on equity and return on capital employed are at certain levels, and the company’s book value per share is a reference point for valuation. 

Overall, AKI India demonstrates a higher volatility profile compared to the broader market, with the stock generally considered to have above average systematic risk. This makes it more sensitive to broader market movements and sector specific factors such as raw material price fluctuations, export demand cycles, and changes in international trade policies. 

AKI India Limited Sectoral Relevance and Peer Positioning 

AKI India Limited sector relevance stems from its three‑decade presence in the leather industry since incorporation in 1994, its diversified product portfolio covering leather accessories, footwear, equestrian products, finished leather, and pet accessories, its manufacturing facility in Kanpur, Uttar Pradesh, its subsidiary AKI UK Limited serving international markets, its export presence across the UAE, United Kingdom, Europe, South Africa, and Australia, and its position as a focused small‑cap leather provider supporting India’s consumer goods, fashion, and equestrian ecosystem. Peer comparisons with companies like Euro Leder Fashion, Bhartiya International, Super Tannery, Amin Tannery, Welterman International, and Crew BOS Products focus on product mix, manufacturing capacity, export presence, and value‑added product diversification rather than short‑term stock moves. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of raw material prices, export demand trends, and government trade policies further highlights AKI India positioning within India’s broader leather manufacturing market. 

AKI India P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from leather accessories, footwear, equestrian products, and finished leather sales. The company’s profit after tax increased on a consolidated basis from the previous fiscal year to the most recent fiscal year, with total income for FY 2024‑25 at Rs. 8748.57 Lakhs compared to Rs. 7412.84 Lakhs in FY 2023‑24. However, quarterly performance has shown variability across quarters, with profit after tax in the September 2025 quarter at Rs. 0.46 crore compared to Rs. 0.21 crore in June 2025 and Rs. 0.19 crore in December 2025. The company’s earnings before interest and taxes for recent quarters stood at certain levels with corresponding EBIT margins. The net profit margin has shown changes in recent quarters compared to the same quarters of the prior year. Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a cyclical industry. 

Alongside valuation, AKI India earnings per share provide insight into its operational performance and income generation from leather product manufacturing and exports. Based on available data, the company reported a basic EPS on a consolidated basis of Rs. 0.19 in FY 2024‑25, an improvement from Rs. 0.16 in FY 2023‑24. The trailing twelve month EPS stands at a moderate level. The company’s EPS for the last full fiscal year was higher compared to the prior fiscal year. The company has a face value of Rs. 2 per share. More recent quarterly performance on a standalone basis shows EPS has shown variability, with certain quarters recording higher figures and others recording lower figures, as the company navigates seasonal demand cycles and export order fluctuations. 

AKI India market cap highlights its position as a small cap player within India’s leather sector. Based on recent data, the company’s market capitalization fluctuates within a range depending on the reporting period. The market cap has moved in line with investor perceptions of the company’s growth potential following a significant correction from its highs. From earlier periods through more recent years, the market cap showed an increasing trend as the company expanded its export presence and product portfolio, followed by a significant correction. This pattern reflects strong investor confidence during favourable export cycles, followed by contraction during challenging periods impacted by global demand weakness and rising raw material costs. This decrease mirrors the correction in the share price from its annual high to recent levels. 

Finally, AKI India earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed trends supported by the core leather product business. Based on available data, the company’s revenue from operations increased on a consolidated basis from the previous fiscal year to the most recent fiscal year. Total income increased over the same period. Profit after tax showed an increase from Rs. 136.71 Lakhs in FY 2023‑24 to Rs. 167.78 Lakhs in FY 2024‑25 on a consolidated basis. However, quarterly performance has shown variability, with total income in certain quarters changing compared to previous quarters and also compared to the same quarters of the previous year. The company has faced headwinds from fluctuating raw material prices, changes in export demand, competitive pressures from other leather manufacturers, and increasing compliance costs. However, the company continues to focus on expanding its export markets through its UK subsidiary and diversifying its product portfolio. These developments illustrate the cyclical nature of the leather industry and the company’s position within this sector. 

AKI India market cap has moved through different phases corresponding to the company’s performance in leather product manufacturing and exports. The valuation increased during periods of strong export demand and stable input costs. The market cap also adjusted during challenging times when global demand weakened or raw material costs rose. This pattern reflects typical small‑cap manufacturing stock behaviour where export cycles, input costs and sector conditions influence investor interest. AKI India earnings have shown notable patterns across recent fiscal years, reflecting the company’s performance in the leather segment. The company recorded a net profit increase in FY 2024‑25 compared to the previous fiscal year. This improvement came from better export realisations and cost management. Quarterly earnings have shown variability, with some quarters demonstrating stronger performance and others showing moderation. AKI India EPS has followed the company’s overall profit performance across recent periods. The earnings per share figure showed an increase in FY 2024‑25 compared to the prior fiscal year. Quarterly EPS has shown variation, with certain quarters recording higher figures and others recording lower numbers. AKI India share price serves as a reference point for understanding the company’s per‑share profitability relative to its market valuation. AKI India P/E ratio has shown variability across different reporting periods, reflecting changing market perceptions of the company’s earnings potential. The price‑to‑earnings multiple has fluctuated based on investor expectations about export demand, raw material cost trends and the company’s ability to maintain margins. The P/E level at any given time reflects market sentiment about the company’s recent performance and near‑term prospects in a cyclical industry. 

Summary 

AKI India Limited is a small‑cap leather products manufacturer engaged in leather accessories, footwear, equestrian products and finished leather, headquartered in Kanpur. The company was incorporated in 1994 and listed in October 2018. AKI India share price reflects market response to export demand, raw material cost trends and quarterly financial performance. AKI India stock price movements provide insights into how the market views the company’s product portfolio expansion and its positioning within India’s leather manufacturing industry. Investors track the company for its presence in the leather goods and footwear segment.