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Ashima share price

Ashima Ltd.

NSE: ASHIMASYN BSE: 514286 SECTOR: Textile  18k   39   3

22.30
+0.60 (2.77%)
NSE: Today, 01:14 PM

Price Summary

Today's High

₹ 22.75

Today's Low

₹ 21.4

52 Week High

₹ 26.15

52 Week Low

₹ 12.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its 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

427.4 Cr.

Enterprise Value

432.92 Cr.

No. of Shares

19.17 Cr.

P/E

0

P/B

1.93

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  11.53

CASH

27.2 Cr.

DEBT

32.72 Cr.

Promoter Holding

73.49 %

EPS (TTM)

₹  -0.28

Sales Growth

-0.52%

ROE

-3.44 %

ROCE

-2.18%

Profit Growth

-129.75 %

* 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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Brands

These are the brands of Ashima Ltd.

FRANK JEFFERSON ICON

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-0.52%
3 Year-10.16%
5 Year-2.08%

Profit Growth

1 Year-137.11%
3 Year-66.28%
5 Year-155.48%

ROE%

1 Year-3.44%
3 Year3.3%
5 Year4.93%

ROCE %

1 Year-2.18%
3 Year3.81%
5 Year5.84%

Debt/Equity

0.1485

Price to Cash Flow

-17.88

Interest Cover Ratio

-2.41777777777778

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 73.49 0
Dec 2023 73.49 0
Sep 2023 73.49 0
Jun 2023 73.49 0
Mar 2023 73.49 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 54.141625765647 days.
  • Company has a healthy liquidity position with current ratio of 2.32960977062854.
  • The company has a high promoter holding of 73.49%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 75.5196504661604.

 Limitations

  • The company has shown a poor profit growth of -164.508047644462% for the Past 3 years.
  • The company has shown a poor revenue growth of -10.1596058525219% for the Past 3 years.
  • Company has a poor ROE of 3.29957289822136% over the past 3 years.
  • Company has a poor ROCE of 3.80771989660999% over the past 3 years
  • Company has low Interest coverage ratio of -2.41777777777778.
  • Company has negative cash flow from operations of -23.91.
  • Tax rate is low at 0.
  • The company has a low EBITDA margin of -2.10585989323293% over the past 5 years.
  • The company is trading at a high EV/EBITDA of 186.2254.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 58.16 38.16 53.35 50.77 79.08
Total Expenditure 56.92 43.32 53.7 50.62 73.09
Operating Profit 1.24 -5.16 -0.35 0.15 5.99
Other Income 0.72 0.75 0.3 0.43 0.42
Interest 0.61 0.48 0.44 0.78 1.71
Depreciation 1.04 1.03 1.07 1.09 1.2
Exceptional Items -3.15 0 0 0 0
Profit Before Tax -2.84 -5.92 -1.56 -1.29 3.5
Tax 0 0 0 0 0
Profit After Tax -2.84 -5.92 -1.56 -1.29 3.5
Adjusted EPS (Rs) -0.15 -0.31 -0.08 -0.07 0.18

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 335.84 285.44 103.78 208.07 206.98
Total Expenditure 340.13 289.2 106.71 214.53 211.88
Operating Profit -4.29 -3.76 -2.93 -6.46 -4.9
Other Income 18.21 7.77 10.66 1.92 3.64
Interest 7.95 2.03 1.98 2.29 2.25
Depreciation 5.55 5.37 3.35 3.11 4.13
Exceptional Items 32.36 0 0 35.79 -0.05
Profit Before Tax 32.78 -3.39 2.4 25.85 -7.69
Tax 0 0 0.17 0 0
Net Profit 32.78 -3.39 -11.76 17.92 -6.65
Adjusted EPS (Rs.) 3.53 -0.64 0.12 1.35 -0.4

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 92.97 53.17 191.66 191.66 191.66
Total Reserves 133.72 169.06 18.56 35.58 28.62
Borrowings 24.57 21.65 18.54 14.87 32.67
Other N/C liabilities 0.91 0.88 0.57 0.12 0.1
Current liabilities 68.57 52.88 40.87 76.43 67.14
Total Liabilities 320.74 297.64 270.2 318.66 320.19
Assets
Net Block 136.55 138.61 134.12 116.93 134.04
Capital WIP 0.32 0.69 0.71 8.07 4.13
Intangible WIP 0 0 0 0 0
Investments 3.52 3.52 0 9.48 15.15
Loans & Advances 10.96 9.08 5.39 7.23 5.22
Other N/C Assets 0.55 0.47 4.77 9.62 5.24
Current Assets 168.84 145.27 125.21 167.33 156.41
Total Assets 320.74 297.64 270.2 318.66 320.19
* 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 0.43 -3.39 -11.59 -14.71 -6.6
Adjustment -2.66 1.54 -0.41 2.58 -3.46
Changes in Assets & Liabilities -22.17 5.42 2.71 -14.45 -15.78
Tax Paid -1.11 0.34 1.25 0.17 1.93
Operating Cash Flow -25.51 3.91 -8.04 -26.41 -23.91
Investing Cash Flow 55.36 13.32 -7.24 37.45 16.02
Financing Cash Flow -23.68 -19.51 13.4 -5.54 13.22
Net Cash Flow 6.17 -2.28 -1.88 5.5 5.33

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 73.49 73.49 73.49 73.49 73.49
chintan navnitlal parikh 0.08 0.08 0.08 0.08 0.08
chintan navnitlal parikh ... 73.33 73.33 73.33 73.33 73.33
chintan navnitlal parikh-... 0.02 0.02 0.02 0.02 0.02
krishnachintan chintan pa... 0.02 0.02 0.02 0.02 0.02
shefali chintan parikh 0.05 0.05 0.05 0.05 0.05
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 26.51 26.51 26.51 26.51 26.51
llp 0.13 0.15 0.11 0.10 0.11
prashant jayantilal sangh... - - 1.04 1.04 -
popatlal punamchand shah 1.62 1.62 1.62 - -
prakash misrimal sanghvi 1.04 1.04 - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Ashima raises Rs 5 crore via NCDs 19 Mar 2024, 9:40AM Ashima - Quaterly Results8 Feb 2024, 1:22PM Ashima - Quaterly Results8 Feb 2024, 1:22PM Ashima - Quaterly Results8 Feb 2024, 1:22PM Ashima - Quaterly Results2 Nov 2023, 12:49PM Ashima - Quaterly Results2 Nov 2023, 12:49PM Ashima - Quaterly Results2 Nov 2023, 12:49PM Ashima raises Rs 5 crore through NCDs 31 Oct 2023, 9:48AM Ashima launches real estate development project in Ahmedabad26 Oct 2023, 4:00PM Ashima raises Rs 5 crore through NCDs23 Oct 2023, 2:09PM Ashima raises Rs 5 crore through NCDs5 Oct 2023, 5:19PM Ashima informs about loss of share certificate2 Aug 2023, 5:12PM Ashima - Quaterly Results26 Jul 2023, 1:16PM Ashima - Quaterly Results26 Jul 2023, 1:16PM Ashima raises Rs 5 crore through NCDs19 Jun 2023, 4:57PM Ashima - Quaterly Results16 May 2023, 1:05PM Ashima - Quaterly Results16 May 2023, 1:05PM Ashima - Quaterly Results16 May 2023, 1:05PM Ashima - Quaterly Results3 Feb 2023, 12:48PM Ashima - Quaterly Results3 Feb 2023, 12:48PM Ashima - Quaterly Results3 Feb 2023, 12:48PM Ashima raises Rs 40 crore through NCDs19 Jan 2023, 10:00AM Ashima informs about board meeting 15 Dec 2022, 4:25PM Ashima informs about disclosure of related party transactions24 Nov 2022, 4:35PM Ashima - Quaterly Results12 Nov 2022, 12:45PM Ashima launches real estate project in Gujarat6 Oct 2022, 12:00PM Ashima - Quaterly Results6 Aug 2022, 12:39PM Ashima - Quaterly Results6 Aug 2022, 12:39PM Ashima - Quaterly Results6 Aug 2022, 12:39PM Ashima informs about newspaper publication23 Jul 2022, 10:43AM Ashima informs about trading window closure29 Jun 2022, 5:01PM Ashima - Quaterly Results14 May 2022, 1:27PM Ashima - Quaterly Results14 May 2022, 1:27PM Ashima - Quaterly Results14 May 2022, 1:27PM Ashima informs about issue of duplicate share certificate7 May 2022, 3:52PM Ashima informs about closure of trading window30 Mar 2022, 3:55PM Ashima - Quaterly Results5 Feb 2022, 12:52PM Ashima - Quaterly Results5 Feb 2022, 12:52PM Ashima - Quaterly Results5 Feb 2022, 12:52PM Ashima informs about board meeting18 Oct 2021, 12:47PM Ashima informs about confirmation certificate11 Oct 2021, 4:37PM Ashima informs about annual report22 Jul 2021, 2:39PM Ashima informs about AGM22 Jul 2021, 1:43PM Ashima informs about newspaper advertisement15 Jul 2021, 3:39PM Ashima submits financial results5 Jun 2021, 2:30PM Ashima planning to enter into Real Estate business20 Nov 2020, 3:13PM Ashima informs about company updates2 Jul 2020, 3:52PM

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

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Ashima . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Ashima has a PE ratio of -81.4545454545454 which is low and comparatively undervalued .

  • Share Price: - The current share price of Ashima is Rs 22.4. One can use valuation calculators of ticker to know if Ashima 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. Ashima has ROA of -2.40745088831494 % 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. Ashima has a Current ratio of 2.32960977062854 .

  • 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. Ashima has a ROE of -3.43671791204862 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Ashima has a Debt to Equity ratio of 0.1485 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Ashima has reported revenue growth of -0.523862161772459 % 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 Ashima for the current financial year is -2.36737849067543 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ashima is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Ashima is Rs -0.275 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Ashima in Ticker for free. Also, one can get the intrinsic value of Ashima by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about Ashima
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