Asahi Songwon Colors Ltd.

NSE: ASAHISONG  SECTOR: Dyes & Pigments

375.35
-2.75 (-0.73%)

Price Summary

Today's High

₹ 386.85

Today's Low

₹ 373.35

52 Week High

₹ 398

52 Week Low

₹ 92.75

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

460.63935417 Cr.

Enterprise Value

480.22665417 Cr.

No. of Shares

1.2272262 Cr.

P/E

14.45

P/B

1.98

Face Value

₹ 10

Div. Yield

0.8%

Book Value (TTM)

₹  190.0141

CASH

1.9206 Cr.

DEBT

21.5079 Cr.

Promoter Holding

66.64%

EPS (TTM)

₹  25.9708

Sales Growth

-3.39915074020742%

ROE

11.5517058135827 %

ROCE

11.2263896082623 %

Profit Growth

8.04714289038421 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Sales Growth (in Cr.)

1 Year-3.4%
3 Year3.82%
5 Year3.44%

Profit Growth (in Cr.)

1 Year24.76%
3 Year-5.94%
5 Year5.22%

ROE%

1 Year11.55%
3 Year11.62%
5 Year14%

ROCE %

1 Year11.23%
3 Year13.06%
5 Year16.59%

Debt/Equity

0.1067

Price to Cash Flow

6.2

Interest Cover Ratio

7.4681158614555

CFO/PAT (5 Yr. Avg.)

1.50553382880704

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2021 66.64 0
Dec 2020 64.59 0
Sep 2020 66.58 0
Jun 2020 66.42 0
Mar 2020 66.42 0
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 40.4249 Cr.
  • Company’s PEG ratio is 0.583717901328678.
  • The company has an efficient Cash Conversion Cycle of 84.6783557709687 days.
  • Company has a healthy liquidity position with current ratio of 2.3349068317924.
  • The company has a good cash flow management; CFO/PAT stands at 1.50553382880704.
  • The company has a high promoter holding of 66.64%.

 Limitations

  • The company has shown a poor profit growth of -5.93509712980372% for the Past 3 years.
  • The company has shown a poor revenue growth of 3.81970776740153% for the Past 3 years.
  • Tax rate is low at 1.90601846280793.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Net Sales 58.48 71.77 57.82 62.28 72.5
Total Expenditure 50.98 60.84 46.98 50.33 59.31
Operating Profit 7.49 10.93 10.84 11.95 13.19
Other Income 0.15 0.25 0.17 0.32 0.96
Interest 0.82 0.84 0.47 0.43 0.4
Depreciation 2.09 2.07 2.07 2.15 2.15
Exceptional Items 0 0 3.78 0.68 0
Profit Before Tax 4.74 8.28 12.25 10.37 11.59
Tax 1.23 2.2 2.71 2.63 3.07
Profit After Tax 3.51 6.08 9.53 7.74 8.53
Adjusted EPS (Rs) 0.29 0.5 0.78 0.63 0.69

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 223.92 253.47 292.51 293.62 283.64
Total Expenditure 184.96 206.28 254.26 254.09 249.24
Operating Profit 38.96 47.2 38.25 39.53 34.4
Other Income 3.63 3.11 4.47 0.04 0.78
Interest 4.49 2.81 3.53 5.17 3.6
Depreciation 6.71 7.13 7.22 8.16 8.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 31.39 40.37 31.97 26.24 23.27
Tax 10.4 12.95 8.89 7.95 0.44
Net Profit 20.98 27.42 23.08 18.3 22.82
Adjusted EPS (Rs.) 17.1 22.35 18.8 14.91 18.6

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 12.27 12.27 12.27 12.27 12.27
Total Reserves 123.74 146.25 169.37 181.32 189.31
Borrowings 4.83 3.5 19.28 17.73 12.52
Other N/C liabilities 18.16 19.14 19.74 20.76 13.07
Current liabilities 61.01 65.47 98.83 76.98 49.13
Total Liabilities 220.01 246.63 319.49 309.06 276.3
Assets
Net Block 93.16 93.88 140.99 150.05 129.07
Capital WIP 5.75 10.17 15.09 1.48 2.04
Investments 25.72 29.49 18.94 14.17 27.3
Loans & Advances 1.31 1.25 1.43 1.34 3.13
Other N/C Assets 0 0 0.05 0.05 0.04
Current Assets 94.07 111.84 142.99 141.98 114.71
Total Assets 220.01 246.63 319.49 309.06 276.3
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit Before Tax 31.39 40.37 31.97 26.24 23.27
Adjustment 8.18 6.53 6.23 13.82 11.76
Working Capital Changes -1.08 -8.41 -22.67 -5.92 42.1
Tax Paid -6.75 -10.41 -9.62 -7.07 -2.82
Operating Cash Flow 31.74 28.09 5.91 27.06 74.31
Investing Cash Flow -15.05 -11.56 -43.83 -2.87 -21.19
Financing Cash Flow -16.76 -16.53 37.78 -24.2 -52.9
Net Cash Flow -0.07 0 -0.14 0 0.22

Corporate Actions

Ratings & Research Reports

Company Presentations

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Company News

Asahi Songwon Colors Stock Price Analysis and Quick Research Report. Is Asahi Songwon Colors an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Asahi Songwon Colors has a PE ratio of 14.4527700340382 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Asahi Songwon Colors has ROA of 7.79861079909888 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Asahi Songwon Colors has a Current ratio of 2.3349068317924 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Asahi Songwon Colors has a ROE of 11.5517058135827 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Asahi Songwon Colors has a D/E ratio of 0.1067 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Asahi Songwon Colors has an Inventory turnover ratio of 6.20315319157312 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Asahi Songwon Colors has reported revenue growth of -3.39915074020742 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Asahi Songwon Colors for the current financial year is 12.1275293523687 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Asahi Songwon Colors is Rs 3 and the yield is 0.7993 %.

Brief about Asahi Songwon Colors

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