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Asahi Songwon Colors share price

Asahi Songwon Colors Ltd.

NSE: ASAHISONG BSE: 532853 SECTOR: Dyes & Pigments  21k   64   6

324.55
+9.30 (2.95%)
NSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 339

Today's Low

₹ 312.45

52 Week High

₹ 349.3

52 Week Low

₹ 181.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

382.56 Cr.

Enterprise Value

475.84 Cr.

No. of Shares

1.18 Cr.

P/E

27.53

P/B

1.49

Face Value

₹ 10

Div. Yield

0.15 %

Book Value (TTM)

₹  218.4

CASH

4.03 Cr.

DEBT

97.31 Cr.

Promoter Holding

66.77 %

EPS (TTM)

₹  11.79

Sales Growth

-15.89%

ROE

-1.93 %

ROCE

1.27%

Profit Growth

-119.47 %

* 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 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-15.89%
3 Year5.95%
5 Year2.89%

Profit Growth

1 Year-119.47%
3 Year-159.09%
5 Year-172.77%

ROE%

1 Year-1.93%
3 Year7.74%
5 Year8.9%

ROCE %

1 Year1.27%
3 Year10.72%
5 Year11.12%

Debt/Equity

0.4133

Price to Cash Flow

12.43

Interest Cover Ratio

0.464692325420604

CFO/PAT (5 Yr. Avg.)

1.72823763985182

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 66.77 0
Sep 2023 66.73 0
Jun 2023 66.73 0
Mar 2023 66.73 0
Dec 2022 66.73 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 65.1776585545004 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.72823763985182.
  • The company has a high promoter holding of 66.77%.

 Limitations

  • The company has shown a poor profit growth of -159.091922589688% for the Past 3 years.
  • The company has shown a poor revenue growth of 5.95236552901308% for the Past 3 years.
  • Company has a poor ROE of 7.73883542261251% over the past 3 years.
  • Company has low Interest coverage ratio of 0.464692325420604.
  • The company is trading at a high EV/EBITDA of 72.1973.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 57.31 82.81 67.99 57.91 66.97
Total Expenditure 59.19 90.84 67.98 53.06 62.92
Operating Profit -1.88 -8.03 0.01 4.86 4.04
Other Income 0.37 1.83 1.01 1.01 1.32
Interest 2.36 2.21 2.01 1.57 1.38
Depreciation 2.47 2.62 2.59 2.59 2.58
Exceptional Items 0 0 0 25.8 0
Profit Before Tax -6.33 -11.02 -3.59 27.51 1.4
Tax -0.64 -2.54 -0.89 2.79 1.04
Profit After Tax -5.69 -8.48 -2.7 24.71 0.37
Adjusted EPS (Rs) -4.83 -7.2 -2.29 20.97 0.31

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 293.62 283.64 282.94 401.09 337.36
Total Expenditure 254.09 249.24 234.81 363.17 329
Operating Profit 39.53 34.4 48.13 37.92 8.37
Other Income 0.04 0.78 2.53 6.39 5.68
Interest 5.17 3.6 1.92 3.25 8.68
Depreciation 8.16 8.32 8.44 8.81 10.01
Exceptional Items 0 0 4.45 0 0
Profit Before Tax 26.24 23.27 44.76 32.25 -4.65
Tax 7.95 0.44 11.82 8.06 0.06
Net Profit 18.3 22.82 32.94 24.19 -4.71
Adjusted EPS (Rs.) 14.91 18.6 27.39 20.11 -4

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 12.27 12.27 12.03 12.03 11.79
Total Reserves 181.32 189.31 220.61 240.23 223.68
Borrowings 17.73 12.52 7.5 13.74 22.37
Other N/C liabilities 20.76 13.07 16.74 17.52 18.21
Current liabilities 76.98 49.13 81.08 106.06 126.39
Total Liabilities 309.06 276.3 337.96 389.58 402.43
Assets
Net Block 150.05 129.07 137.99 153.5 150.6
Capital WIP 1.48 2.04 0.45 0.38 0
Intangible WIP 0 0 0 0 0
Investments 14.17 27.3 50.72 50.27 98.22
Loans & Advances 1.34 3.13 1.84 0.98 9.21
Other N/C Assets 0.05 0.04 0 0 0
Current Assets 141.98 114.71 146.96 184.46 144.4
Total Assets 309.06 276.3 337.96 389.58 402.43
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 26.24 23.27 40.3 32.25 -4.65
Adjustment 13.82 11.76 15.91 11.91 18.43
Changes in Assets & Liabilities -5.92 42.1 -42.02 -10.05 20.29
Tax Paid -7.07 -2.82 -9.33 -9.45 -3.31
Operating Cash Flow 27.06 74.31 4.86 24.66 30.77
Investing Cash Flow -2.87 -21.19 -15.89 -25.49 -54.62
Financing Cash Flow -24.2 -52.9 10.91 0.83 24.03
Net Cash Flow 0 0.22 -0.12 0 0.18

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 66.73 66.73 66.73 66.73 66.77
arjun gokul jaykrishna 0.24 0.24 0.24 0.24 0.28
gokul m jaykrishna family... 22.47 22.47 22.47 22.47 22.47
gokul mrugesh jaykrishna 0.08 0.08 0.08 0.08 0.08
mrugesh jaykrishna family... 43.93 43.93 - 43.93 43.93
mrugesh jaykrishna family... - - 43.93 - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 33.27 33.27 33.27 33.27 33.23
d srimathi - 1.26 1.26 1.26 1.03
dic corporation 7.34 7.34 7.34 7.34 7.34
investor education and pr... 0.02 - 0.02 0.02 0.02
llp 0.10 0.10 0.22 0.07 0.07
seetha kumari 1.87 1.67 1.47 - -
investor education and pr... - 0.02 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Asahi Songwon Colors acquires remaining 22% stake in Atlas Life Sciences27 Mar 2024, 3:29PM Asahi Songwon Colors - Quaterly Results30 Jan 2024, 4:52PM Asahi Songwon Colors - Quaterly Results30 Jan 2024, 4:52PM Asahi Songwon Colors - Quaterly Results30 Jan 2024, 4:52PM Asahi Songwon Colors’ arm starts commercial production of API Intermediate at Gujarat plant12 Dec 2023, 11:53AM Asahi Songwon Colors - Quaterly Results25 Oct 2023, 3:55PM Asahi Songwon Colors - Quaterly Results25 Oct 2023, 3:55PM Asahi Songwon Colors - Quaterly Results25 Oct 2023, 3:55PM Asahi Songwon Colors - Quaterly Results10 Aug 2023, 5:08PM Asahi Songwon Colors - Quaterly Results10 Aug 2023, 5:08PM Asahi Songwon Colors informs about credit rating 16 Mar 2023, 5:15PM Asahi Songwon Colors - Quaterly Results13 Feb 2023, 3:13PM Asahi Songwon Colors - Quaterly Results13 Feb 2023, 3:13PM Asahi Songwon Colors - Quaterly Results10 Nov 2022, 2:59PM Asahi Songwon Colors - Quaterly Results10 Nov 2022, 2:59PM Asahi Songwon Colors informs about confirmation certificate15 Oct 2022, 2:27PM Asahi Songwon Colors - Quaterly Results4 Aug 2022, 3:15PM Asahi Songwon Colors - Quaterly Results4 Aug 2022, 3:15PM Asahi Songwon Colors - Quaterly Results4 Aug 2022, 3:15PM Asahi Songwon Colors informs about disclosure15 Jul 2022, 10:05AM Asahi Songwon Colors - Quaterly Results19 May 2022, 2:38PM Asahi Songwon Colors - Quaterly Results19 May 2022, 2:38PM Asahi Songwon Colors - Quaterly Results19 May 2022, 2:38PM Asahi Songwon Colors acquires 78% stake in Atlas Life Sciences 18 Apr 2022, 2:55PM Asahi Songwon Colors informs about investor presentation4 Feb 2022, 4:19PM Asahi Songwon Colors informs about financial results3 Feb 2022, 4:46PM Asahi Songwon Colors - Quaterly Results3 Feb 2022, 12:29PM Asahi Songwon Colors - Quaterly Results3 Feb 2022, 12:29PM Asahi Songwon Colors - Quaterly Results3 Feb 2022, 12:29PM Asahi Songwon Colors informs about analyst meet8 Dec 2021, 4:09PM Asahi Songwon Colors informs about credit rating11 Nov 2021, 2:24PM Asahi Songwon Colors informs about board meeting 28 Jul 2021, 3:41PM Asahi Songwon Colors informs about post-buyback public announcement6 Jan 2021, 12:46PM Asahi Songwon Colors informs about buy back of equity shares10 Nov 2020, 4:18PM Asahi Songwon Colors informs about closure of trading window1 Oct 2020, 10:40AM Asahi songwon colors informs about board meeting16 Jun 2020, 3:23PM Asahi Songwon Colors resumes production at manufacturing plants14 Apr 2020, 10:44AM

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 27.5259314544514 which is high and comparatively overvalued .

  • Share Price: - The current share price of Asahi Songwon Colors is Rs 324.55. One can use valuation calculators of ticker to know if Asahi Songwon Colors share price is undervalued or overvalued.

  • 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 -1.18929070199514 % 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 1.14256902119 .

  • 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 -1.9312900814351 % .(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 0.4133 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 5.35397860724941 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 -15.8885254926169 % 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 2.47971854807658 %.

  • 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 0.5 and the yield is 0.1554 %.

Last Updated on:
Brief about Asahi Songwon Colors
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