Asahi India Glass Ltd.

NSE: ASAHIINDIA BSE: 515030 SECTOR: Glass  73k   228   34

469.40
+8.60 (1.87%)
NSE: Today, 01:54 PM

Price Summary

Today's High

₹ 485

Today's Low

₹ 461

52 Week High

₹ 694

52 Week Low

₹ 419.65

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

11410.64 Cr.

Enterprise Value

12503.69 Cr.

No. of Shares

24.31 Cr.

P/E

31.02

P/B

5.36

Face Value

₹ 1

Div. Yield

0.42 %

Book Value (TTM)

₹  87.5

CASH

86.84 Cr.

DEBT

1179.89 Cr.

Promoter Holding

54.24 %

EPS (TTM)

₹  15.13

Sales Growth

30.63%

ROE

21.08 %

ROCE

21.33%

Profit Growth

150.37 %

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

Your Added Ratios

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Brands

These are the brands of Asahi India Glass Ltd.

Da Vinci BPOSITIVE HealthHiway LIFE STUDIO LIFE CENTER ATNF LIFE STUDIO MEDVARSITY

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 Year30.63%
3 Year2.85%
5 Year6.16%

Profit Growth

1 Year150.37%
3 Year22.29%
5 Year18.62%

ROE%

1 Year21.08%
3 Year14.41%
5 Year15.46%

ROCE %

1 Year21.33%
3 Year14.69%
5 Year15.45%

Debt/Equity

0.6511

Price to Cash Flow

20.16

Interest Cover Ratio

5.41430637067279

CFO/PAT (5 Yr. Avg.)

2.18635923232758

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 54.24 3.96
Dec 2022 54.24 3.8
Sep 2022 54.24 4.28
Jun 2022 54.24 6.09
Mar 2022 54.24 6.09
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 22.2917219422723% for the Past 3 years.
  • Company’s PEG ratio is 0.206298284457619.
  • The company has an efficient Cash Conversion Cycle of -130.35793077892 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.18635923232758.
  • The company has a high promoter holding of 54.24%.

 Limitations

  • The company has shown a poor revenue growth of 2.84653564748787% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 925.6 903.96 994.16 987.02 1033.39
Total Expenditure 680.81 681.2 775.05 793.74 859.94
Operating Profit 244.79 222.76 219.11 193.28 173.45
Other Income 9.15 4.53 6.4 4.54 5.84
Interest 26.91 24.92 25.24 26.04 24.87
Depreciation 38.39 38.73 38.34 38.04 38.63
Exceptional Items 0 0 0 0 0
Profit Before Tax 188.64 163.64 161.93 133.74 115.79
Tax 59.68 56.79 56.16 48.08 46.25
Profit After Tax 128.96 106.85 105.77 85.66 69.54
Adjusted EPS (Rs) 5.3 4.4 4.35 3.52 2.86

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 2590.5 2858.51 2599.26 2380.49 3109.63
Total Expenditure 2114.05 2338.23 2154.55 1936.53 2342.01
Operating Profit 476.45 520.28 444.71 443.96 767.62
Other Income 25.73 20.5 15.44 39.92 24.11
Interest 123.08 134.54 143.93 138.45 117.57
Depreciation 91.78 115.26 132.06 127.45 155.17
Exceptional Items -4.88 -2.64 0 0 0
Profit Before Tax 282.44 288.34 184.16 217.98 518.99
Tax 97.09 98.27 24.25 79.14 171.37
Net Profit 185.35 190.07 159.91 138.84 347.62
Adjusted EPS (Rs.) 7.62 7.82 6.58 5.71 14.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 24.31 24.31 24.31 24.31 24.31
Total Reserves 1085.31 1225.38 1318.92 1462.22 1787.73
Borrowings 908.31 1092.24 1103.25 994.26 862.39
Other N/C liabilities 32.87 -16.5 6.96 38.86 114.14
Current liabilities 1176.8 1339.57 1359.01 1242.19 1039.17
Total Liabilities 3227.6 3665 3812.45 3761.84 3827.74
Assets
Net Block 1853.13 1904.22 1970.19 2159.73 2261.38
Capital WIP 113.27 448.38 488.24 261.9 88.96
Intangible WIP 0 0.07 0 0 0
Investments 46.38 45.26 42.4 46.07 51.53
Loans & Advances 29.66 30.6 34.66 27.41 36.54
Other N/C Assets 5.31 4.26 2.12 2.35 15.79
Current Assets 1179.85 1232.21 1274.84 1264.38 1373.54
Total Assets 3227.6 3665 3812.45 3761.84 3827.74
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 282.44 288.34 184.16 217.98 518.99
Adjustment 204.05 241.65 268.58 260.08 265.33
Changes in Assets & Liabilities 52.14 -16.94 -138.2 119.49 -46.41
Tax Paid -96.29 -96.95 -22.3 -80.22 -171.92
Operating Cash Flow 442.34 416.1 292.24 517.33 565.99
Investing Cash Flow -440.4 -499.23 -194.46 -83.04 -77.52
Financing Cash Flow -0.48 86.13 -104.86 -390.69 -460.41
Net Cash Flow 1.46 3 -7.08 43.6 28.06

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 54.24 54.24 54.24 54.24 54.24
asahi glass co., l... 22.21 22.21 22.21 22.21 22.21
sanjay labroo 6.51 6.51 6.51 12.18 12.02
maruti suzuki indi... 11.11 11.11 11.11 11.11 11.11
brij mohan labroo 5.67 5.67 5.67 - -
essel marketing (p... 1.66 1.66 1.66 1.66 1.66
anuradha mahindra 1.37 1.37 1.37 1.37 1.37
leena s labroo 0.85 0.85 0.85 0.85 0.85
suryanarayana rao ... 0.64 0.64 0.64 0.64 0.64
shashi palamand 0.64 0.64 0.64 0.64 0.64
keshub mahindra 0.51 0.51 0.51 0.51 0.51
satya nand 0.28 0.28 0.15 0.15 0.15
pradeeo beniwal - - - - -
pradeep beniwal 0.34 0.34 0.34 0.34 0.34
nisheeta labroo 0.30 0.30 0.30 0.30 0.30
tarun r tahiliani 0.23 0.23 0.23 0.23 0.23
aneesha labroo 0.26 0.26 0.26 0.26 0.26
bharat roy kapur 0.16 0.16 0.16 0.16 0.16
allied fincap serv... - - - - 0.16
ajay labroo 0.13 0.13 0.13 0.13 0.13
sudha k mahindra 0.13 0.13 0.13 0.13 0.13
sundip kumar - - 0.13 0.13 0.13
malathi raghunand 0.13 0.13 0.13 0.13 0.13
ashok kanhayalal m... 0.09 0.09 0.08 0.08 0.12
uma r malhotra 0.12 0.12 0.12 0.12 0.12
rajeev khanna trad... 0.12 0.12 0.12 0.12 0.12
sanjaya kumar 0.11 0.11 0.11 0.11 0.11
sabina agarwal 0.09 0.09 0.09 0.09 0.09
dinesh k. agarwal 0.08 0.08 0.08 0.08 0.08
krishna chamanlal ... 0.07 0.07 0.07 0.07 0.07
krishna chamanlal ... - - - - -
sushma aggarwal 0.05 0.05 0.05 0.05 0.05
paras ram - - - - -
charat aggarwal 0.05 0.05 0.05 0.05 0.05
yuthica keshub mah... 0.04 0.04 0.04 0.04 0.04
dr manjula milind ... 0.02 0.02 0.02 0.02 0.02
chand rani monga 0.03 0.03 0.03 0.03 -
m lakshmi 0.03 0.03 0.03 0.03 0.03
v d nanda kumar 0.03 0.03 0.03 0.03 0.03
tanya kumar 0.03 0.03 0.03 0.03 0.03
anil monga 0.03 0.03 0.03 0.03 0.03
riva agarwal 0.02 0.02 0.02 0.02 0.02
praveen kumar tiku 0.02 0.02 0.02 0.02 0.02
m n chaitanya 0.02 0.02 0.02 0.02 0.02
ashok kapur 0.02 0.02 0.02 0.02 0.02
abhinav agarwal 0.02 0.02 0.02 0.02 0.02
sunita m monga - - - - -
padma n rao 0.01 0.01 0.01 0.01 0.01
kanta labroo 0.01 0.01 0.01 0.01 0.01
rajeev khanna 0.01 0.01 0.01 0.01 0.01
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 45.76 45.76 45.76 45.76 45.76
nemish s shah - - 5.95 5.95 5.95
gagandeep credit c... - - 3.52 3.52 3.52
hiten anantrai she... - - 2.47 2.47 2.47
shamyak investment... - - 2.12 2.12 2.12
prescient wealth m... - - 2.09 2.09 2.09
anuj a sheth - - 1.44 1.44 1.44
llp - - 0.60 1.20 0.60
investor education... - - 0.38 0.38 0.38
investor education... - - - 0.38 -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Asahi India Glass informs about loss of share certificates5 Jun 2023, 3:03PM Asahi India Glass - Quaterly Results15 May 2023, 1:57PM Asahi India Glass - Quaterly Results15 May 2023, 1:57PM Asahi India Glass - Quaterly Results15 May 2023, 1:57PM Asahi India Glass informs about details of loss of certificate11 May 2023, 1:31PM Asahi India Glass informs about loss of share certificate27 Apr 2023, 4:39PM Asahi India Glass informs about loss of share certificates24 Apr 2023, 10:39AM Asahi India Glass informs about disclosure 5 Apr 2023, 12:25PM Asahi India Glass informs about loss of share certificates24 Mar 2023, 12:14PM Asahi India Glass - Quaterly Results25 Jan 2023, 12:06PM Asahi India Glass - Quaterly Results25 Jan 2023, 12:06PM Asahi India Glass - Quaterly Results25 Jan 2023, 12:06PM Asahi India Glass informs about outcome of board meeting27 Dec 2022, 12:54PM Asahi India Glass informs about details of loss of certificate 19 Dec 2022, 5:07PM Asahi India Glass informs about loss of share certificates 24 Nov 2022, 10:53AM Asahi India Glass informs about loss of share certificates21 Nov 2022, 12:36PM Asahi India Glass informs about outcome of board meeting31 Oct 2022, 5:13PM Asahi India Glass reports 29% rise in Q2 consolidated net profit31 Oct 2022, 4:18PM Asahi India Glass - Quaterly Results31 Oct 2022, 3:10PM Asahi India Glass - Quaterly Results31 Oct 2022, 3:10PM Asahi India Glass - Quaterly Results31 Oct 2022, 3:10PM Asahi India Glass informs about details of loss of certificate 17 Oct 2022, 5:27PM Asahi India Glass informs about loss of share certificates14 Oct 2022, 12:22PM Asahi India Glass informs about disclosure13 Sep 2022, 5:24PM Asahi India Glass informs about annual report25 Aug 2022, 12:45PM Asahi India Glass - Quaterly Results29 Jul 2022, 2:28PM Asahi India Glass - Quaterly Results29 Jul 2022, 2:28PM Asahi India Glass - Quaterly Results29 Jul 2022, 2:28PM Asahi India Glass informs about compliance certificate14 Jul 2022, 2:15PM Asahi India Glass informs about loss of share certificate7 Jul 2022, 3:11PM Asahi India Glass gets nod to acquire stake in Shield Autoglass26 May 2022, 11:27AM Asahi India Glass - Quaterly Results25 May 2022, 3:52PM Asahi India Glass - Quaterly Results25 May 2022, 3:52PM Asahi India Glass - Quaterly Results25 May 2022, 3:52PM Asahi India Glass informs about outcome of board meeting28 Jan 2022, 12:10PM Asahi India Glass informs about loss of share certificates21 Dec 2021, 4:44PM Asahi India Glass informs about loss of share certificate17 Dec 2021, 5:06PM Asahi India Glass informs about details of loss of share certificate 25 Nov 2021, 1:49PM Asahi India Glass informs about clarification16 Nov 2021, 10:21AM Asahi India Glass informs about outcome of board meeting27 Oct 2021, 3:28PM Asahi India Glass informs about outcome of board meeting31 Jul 2021, 11:07AM Asahi India Glass inks pact with Vishakha group 31 Jul 2021, 9:48AM Asahi India Glass informs about loss of share certificates9 Jun 2021, 11:13AM Asahi India Glass informs about issuance of duplicate share certificate5 Jun 2021, 12:26PM Asahi India Glass informs about loss of share certificate31 May 2021, 5:01PM Asahi India Glass submits compliance certificate29 Apr 2021, 1:16PM Asahi India Glass informs about disclosure8 Mar 2021, 4:05PM Asahi India Glass informs about loss of share certificate2 Dec 2020, 5:04PM Asahi India Glass informs about loss of share certificates27 Aug 2020, 5:14PM Asahi India Glass submits unaudited financial results5 Aug 2020, 1:03PM

Asahi India Glass Stock Price Analysis and Quick Research Report. Is Asahi India Glass 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 India Glass has a PE ratio of 30.4540347630692 which is high and comparatively 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 India Glass has ROA of 9.16045420168178 % 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 India Glass has a Current ratio of 1.32176640973084 .

  • 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 India Glass has a ROE of 21.0770121598147 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Asahi India Glass has a D/E ratio of 0.6511 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 India Glass has an Inventory turnover ratio of 4.73120226394425 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Asahi India Glass has reported revenue growth of 30.6298283126583 % which is fair 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 India Glass for the current financial year is 24.6852519431572 %.

  • 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 India Glass is Rs 2 and the yield is 0.4341 %.

Brief about Asahi India Glass

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