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Asian Star Co share price

Asian Star Company Ltd.

BSE: 531847 SECTOR: Diamond & Jewellery  17k   15   2

770.00
-10.00 (-1.28%)
BSE: Today, 03:40 PM

Price Summary

Today's High

₹ 808.95

Today's Low

₹ 770

52 Week High

₹ 1046.4

52 Week Low

₹ 627.75

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.
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

1232.52 Cr.

Enterprise Value

1609.38 Cr.

No. of Shares

1.6 Cr.

P/E

21.11

P/B

1.26

Face Value

₹ 10

Div. Yield

0.19 %

Book Value (TTM)

₹  611.63

CASH

249.36 Cr.

DEBT

626.21 Cr.

Promoter Holding

74.66 %

EPS (TTM)

₹  36.47

Sales Growth

12.94%

ROE

6.33 %

ROCE

6.44%

Profit Growth

-1.67 %

* 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 Year12.94%
3 Year16.58%
5 Year4.06%

Profit Growth

1 Year-1.67%
3 Year27.45%
5 Year6.64%

ROE%

1 Year6.33%
3 Year6.6%
5 Year5.8%

ROCE %

1 Year6.44%
3 Year5.4%
5 Year5.36%

Debt/Equity

0.6716

Price to Cash Flow

26.73

Interest Cover Ratio

4.94283122506666

CFO/PAT (5 Yr. Avg.)

1.18972715949441

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.66 0
Dec 2023 74.66 0
Sep 2023 74.66 0
Jun 2023 74.66 0
Mar 2023 74.66 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 27.4459125078653% for the Past 3 years.
  • The company has shown a good revenue growth of 16.5824252140065% for the Past 3 years.
  • The company has a good cash flow management; CFO/PAT stands at 1.18972715949441.
  • The company has a high promoter holding of 74.66%.

 Limitations

  • Company has a poor ROE of 6.60409421191424% over the past 3 years.
  • The company has a low EBITDA margin of 3.22641007882057% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 712.09 805.23 677.63 755.27 585.1
Total Expenditure 685.78 776.21 653.19 728.22 561.71
Operating Profit 26.31 29.02 24.44 27.05 23.39
Other Income -1.47 -6.71 6.5 -0.48 6.85
Interest 5.66 5.58 4.63 5.98 6.25
Depreciation 2.68 2.48 2.59 2.21 2.46
Exceptional Items 0 -0.81 0 0 0
Profit Before Tax 16.5 13.44 23.72 18.39 21.52
Tax 4.89 4.09 4.57 3.43 6.6
Profit After Tax 11.61 9.35 19.15 14.96 14.92
Adjusted EPS (Rs) 7.25 5.84 11.96 9.34 9.32

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 2450.19 2162.8 1687.4 3034.25 3427.02
Total Expenditure 2349.59 2091.4 1641.45 2945.83 3321.19
Operating Profit 100.6 71.4 45.95 88.42 105.83
Other Income 9 5.4 22.42 12.63 4.04
Interest 29.44 20.73 3.79 6.55 19.95
Depreciation 15.33 14.02 12.88 12.11 10.43
Exceptional Items -3.47 0 -3.65 -5.3 -0.81
Profit Before Tax 61.36 42.04 48.05 77.1 78.67
Tax 20.79 14.36 -4.78 18.81 21.36
Net Profit 40.57 27.69 52.82 58.29 57.31
Adjusted EPS (Rs.) 25.34 17.3 33 36.42 35.81

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 16.01 16.01 16.01 16.01 16.01
Total Reserves 731.47 759.03 805.57 861.41 916.39
Borrowings 49.48 48.77 51.24 49.89 51.08
Other N/C liabilities 62.97 62.02 51.17 48.9 48.1
Current liabilities 836.76 759.96 728.63 966.25 991.97
Total Liabilities 1696.68 1645.79 1652.62 1942.46 2023.54
Assets
Net Block 217.79 207.55 195.39 172.04 163.48
Capital WIP 0 0 0 0 0.54
Intangible WIP 0 0 0 0 0
Investments 99.12 101.91 54.18 45.89 30.06
Loans & Advances 6.83 7.25 2.87 4.62 4.15
Other N/C Assets 0 0 49.93 49.93 49.93
Current Assets 1372.94 1329.07 1350.24 1669.98 1775.38
Total Assets 1696.68 1645.79 1652.62 1942.46 2023.54
* 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 61.36 42.04 48.05 77.1 78.67
Adjustment 31.69 36.3 -11.71 3.44 33.85
Changes in Assets & Liabilities 44.63 52.87 134.23 -216.53 -42.55
Tax Paid -18.62 -16.56 -7.05 -25.75 -23.87
Operating Cash Flow 119.06 114.66 163.51 -161.74 46.11
Investing Cash Flow -8.92 -1.06 1.66 18.65 8.66
Financing Cash Flow -118.34 -109.58 -135.12 125.59 -23.71
Net Cash Flow -8.2 4.03 30.05 -17.51 31.05

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 74.66 74.66 74.66 74.66 74.66
arvind tarachand shah 9.90 9.90 9.90 9.90 9.90
dharmesh dineshchandra sh... 20.93 20.93 20.93 20.93 20.93
nirmalaben dinesh shah 3.75 3.75 3.75 3.75 3.75
priyanshu arvind shah 7.59 7.59 7.59 7.59 7.59
rasila arvind shah 7.50 7.50 7.50 7.50 7.50
vipul prabodh shah 24.99 24.99 24.99 24.99 24.99
arvind tarachand shah 9.90 9.90 9.90 9.90 9.90
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.34 25.34 25.34 25.34 25.34
flora impex private limit... 4.90 4.90 4.90 4.90 4.90
liston investments ltd - - - - 3.78
nishant impex private li... 4.80 4.80 4.80 4.80 4.80
rahil impex private limit... 4.32 4.32 4.32 4.32 4.32
shloka traders pvt ltd 2.30 2.30 2.30 2.30 2.30
united india insurance co... 4.33 4.33 4.33 4.26 4.24
liston investments ltd. 3.78 3.78 3.78 3.78 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Asian Star Co - Quaterly Results6 Feb 2024, 6:04PM Asian Star Co - Quaterly Results6 Feb 2024, 6:04PM Asian Star Co - Quaterly Results6 Feb 2024, 6:04PM Asian Star Co informs about trading window closure28 Dec 2023, 2:09PM Asian Star Co - Quaterly Results7 Nov 2023, 3:01PM Asian Star Co - Quaterly Results7 Nov 2023, 3:01PM Asian Star Company commences operations at new manufacturing unit in Andheri5 Oct 2023, 9:30AM Asian Star Co informs about disclosure29 Sep 2023, 5:20PM Asian Star Co - Quaterly Results7 Aug 2023, 6:05PM Asian Star Co - Quaterly Results7 Aug 2023, 6:05PM Asian Star Co informs about newspaper advertisement 1 Aug 2023, 5:07PM Asian Star Co - Quaterly Results29 May 2023, 7:07PM Asian Star Co - Quaterly Results29 May 2023, 7:07PM Asian Star Co informs about outcome of board meeting14 Mar 2023, 12:28PM Asian Star Co - Quaterly Results30 Jan 2023, 5:48PM Asian Star Co - Quaterly Results30 Jan 2023, 5:48PM Asian Star Co - Quaterly Results30 Jan 2023, 5:48PM Asian Star Co - Quaterly Results9 Nov 2022, 6:22PM Asian Star Co - Quaterly Results9 Nov 2022, 6:22PM Asian Star Co - Quaterly Results29 Jul 2022, 6:27PM Asian Star Co - Quaterly Results29 Jul 2022, 6:27PM Asian Star Co - Quaterly Results30 May 2022, 6:11PM Asian Star Co - Quaterly Results30 May 2022, 6:11PM Asian Star Company informs about disclosure24 Mar 2022, 9:43AM Asian Star Co informs about disclosure24 Mar 2022, 9:42AM Asian Star Co - Quaterly Results2 Feb 2022, 6:11PM Asian Star Co - Quaterly Results2 Feb 2022, 6:11PM Asian Star Company informs about outcome of AGM23 Sep 2021, 5:12PM Asian Star Company informs about board meeting2 Feb 2021, 4:00PM Asian Star Company informs about board meeting25 Jul 2020, 10:26AM Asian Star Company resumes operation at Tamil Nadu factory10 Jun 2020, 1:15PM

Asian Star Co Stock Price Analysis and Quick Research Report. Is Asian Star Co 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). Asian Star Co has a PE ratio of 21.1402577959842 which is high and comparatively overvalued .

  • Share Price: - The current share price of Asian Star Co is Rs 771. One can use valuation calculators of ticker to know if Asian Star Co 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. Asian Star Co has ROA of 2.89027056564565 % 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. Asian Star Co has a Current ratio of 1.78975683824392 .

  • 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. Asian Star Co has a ROE of 6.3337005902264 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Asian Star Co has a D/E ratio of 0.6716 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. Asian Star Co has an Inventory turnover ratio of 5.56957386518999 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Asian Star Co has reported revenue growth of 12.9446389425467 % 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 Asian Star Co for the current financial year is 3.08799984266219 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Asian Star Co is Rs 1.5 and the yield is 0.1946 %.

Last Updated on:
Brief about Asian Star Co
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