Ticker >

Ashnisha Industries share price

Ashnisha Industries Ltd.

BSE: 541702 SECTOR: Trading  24k   31   3

6.00
+0.01 (0.17%)
BSE: 05 Jul 04:00 PM

Price Summary

Today's High

₹ 6.09

Today's Low

₹ 5.87

52 Week High

₹ 25.45

52 Week Low

₹ 5.73

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
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

60.6 Cr.

Enterprise Value

62.08 Cr.

No. of Shares

10.1 Cr.

P/E

92.88

P/B

2.21

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.72

CASH

0.21 Cr.

DEBT

1.69 Cr.

Promoter Holding

17.35 %

EPS (TTM)

₹  0.06

Sales Growth

0%

ROE

3.81 %

ROCE

4.13%

Profit Growth

596.16 %

* 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

Please login to Add & View your own added ratios.

Login

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∞%
3 Year44.8%
5 Year-11.17%

Profit Growth

1 Year596.16%
3 Year180.5%
5 Year24.74%

ROE%

1 Year3.81%
3 Year0.63%
5 Year0.26%

ROCE %

1 Year4.13%
3 Year0.83%
5 Year0.39%

Debt/Equity

0.072

Price to Cash Flow

-5.67

Interest Cover Ratio

2001.25

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 17.35 0
Dec 2023 26.57 0
Sep 2023 27.11 0
Jun 2023 27.11 0
Mar 2023 27.11 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 44.7971815210747% for the Past 3 years.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.369468828025765.
  • Company has a healthy liquidity position with current ratio of 3.62647880480991.

 Limitations

  • Company has a poor ROE of 0.628563682053394% over the past 3 years.
  • Company has a poor ROCE of 0.826138774777218% over the past 3 years
  • Company has high debtor days of 427.115593619887.
  • Company has negative cash flow from operations of -10.6836.
  • The company has a low EBITDA margin of -0.0255120361969019% over the past 5 years.
  • The company is trading at a high PE of 92.88.
  • The company is trading at a high EV/EBITDA of 75.7969.
  • Promoter stake has been decreased from 26.57% to 17.35%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 3.53 2.18 2.04 1.06 0.1
Total Expenditure 3.54 1.87 1.76 0.82 0.11
Operating Profit -0.01 0.3 0.28 0.24 0
Other Income 0.19 0 0 0 0.08
Interest 0 0 0 0 0
Depreciation 0 0 0 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.18 0.3 0.28 0.24 0.07
Tax 0.13 0 0.06 0.01 0.02
Profit After Tax 0.05 0.3 0.22 0.23 0.06
Adjusted EPS (Rs) 0.01 0.03 0.02 0.02 0.01

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 2.68 2.15 0 0 6.53
Total Expenditure 2.71 2.18 0.08 0.63 6.39
Operating Profit -0.03 -0.02 -0.08 -0.63 0.14
Other Income 0 0 0 0.5 0.66
Interest 0 0 0 0 0
Depreciation 0.01 0.01 0.01 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.04 -0.03 -0.09 -0.14 0.8
Tax 0 0 0 0 0.13
Net Profit -0.04 -0.03 -0.09 -0.14 0.67
Adjusted EPS (Rs.) -0.01 -0.01 -0.03 0 0.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.02 3.02 3.02 3.02 9.9
Total Reserves 9.12 9.09 9 8.86 13.52
Borrowings 1.6 1.66 1.66 1.66 1.66
Other N/C liabilities 0 0 0 0 0
Current liabilities 1.98 2.17 1.41 1.42 8.23
Total Liabilities 15.73 15.94 15.08 14.95 33.31
Assets
Net Block 0.05 0.04 0.03 0.02 0.02
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 4.22 4.22 4.22 3.44 3.44
Loans & Advances 0.15 0 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 11.31 11.68 10.83 11.49 29.86
Total Assets 15.73 15.94 15.08 14.95 33.31
* 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 -0.04 -0.03 -0.09 -0.14 0.8
Adjustment 0.01 0.01 0.01 -0.5 0
Changes in Assets & Liabilities 2.4 -0.28 0.34 -0.91 -11.36
Tax Paid 0 0 0 0 -0.13
Operating Cash Flow 2.37 -0.3 0.25 -1.55 -10.68
Investing Cash Flow -2.06 0 0 1.28 0
Financing Cash Flow -0.23 0.21 0 0 10.87
Net Cash Flow 0.09 -0.09 0.25 -0.26 0.19

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 27.11 27.11 27.11 26.57 17.35
ashok chinubhai shah 9.12 9.12 9.12 8.93 7.43
ashoka metcast ltd - - 0.20 0.20 0.07
rhetan tmt ltd - - - - 1.44
shalin ashok shah 12.61 12.61 12.61 12.36 8.42
leena ashok shah 0.93 0.93 0.93 0.92 -
lesha ventures private li... 2.77 2.77 2.77 2.72 -
rhetan rolling mills pvt.... - - 1.47 1.44 -
ashoka metcast limited 0.20 0.20 - - -
rhetan tmt limited 1.47 1.47 - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 72.89 72.89 72.89 73.43 82.65
ghanshyam dhananjay gaval... - - - 1.49 1.49
hitesh j panara - - 2.88 2.82 1.83
midrina oil and gas servi... 1.36 1.36 1.36 1.33 1.33
mohammad shami - - - - 1.35
suryaja infrastructure pv... 1.36 1.36 1.36 1.33 1.33
aalps commodities llp 7.00 7.00 7.00 6.87 -
llp - - - 6.87 -
tiw systems pvt. ltd 16.51 16.51 16.51 14.12 -
vimlaben vishnubhai chauh... 7.30 7.30 6.34 1.85 -
kokilaben b vankar 8.51 16.64 13.23 - -
tapan sureshsinhji desai ... 7.00 7.00 1.80 - -
hitesh jagdish panara 2.88 2.88 - - -
babubhai g vankar 8.51 - - - -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Ashnisha Industries informs about annual secretarial compliance report27 May 2024, 4:40PM Ashnisha Industries informs about compliances-certificate2 Apr 2024, 2:21PM Ashnisha Industries informs about EGM outcome2 Mar 2024, 3:35PM Ashnisha Industries informs about disclosures 5 Feb 2024, 5:02PM Ashnisha Industries informs about disclosure31 Jan 2024, 5:33PM Ashnisha Industries informs about outcome for board meeting 22 Jan 2024, 5:01PM Ashnisha Industries - Quaterly Results22 Jan 2024, 12:52PM Ashnisha Industries - Quaterly Results22 Jan 2024, 12:52PM Ashnisha Industries - Quaterly Results22 Jan 2024, 12:52PM Ashnisha Industries inks MoU with Gujarat government to set up RE projects15 Jan 2024, 11:30AM Ashnisha Industries informs about disclosure8 Jan 2024, 11:33AM Ashnisha Industries informs about disclosure 5 Jan 2024, 12:25PM Ashnisha Industries informs about change in directorate28 Dec 2023, 2:38PM Ashnisha Industries informs about outcome of board meeting27 Dec 2023, 1:06PM Ashnisha Industries informs about disclosure26 Dec 2023, 11:18AM Ashnisha Industries informs about disclosure2 Dec 2023, 3:37PM Ashnisha Industries informs about disclosure 1 Dec 2023, 12:28PM Ashnisha Industries informs about disclosure 20 Nov 2023, 3:26PM Ashnisha lndustries informs about disclosure 15 Sep 2023, 2:33PM Ashnisha Industries informs about AGM4 Sep 2023, 5:10PM Ashnisha Industries - Quaterly Results12 Aug 2023, 5:33PM Ashnisha Industries - Quaterly Results12 Aug 2023, 5:33PM Ashnisha Industries informs about newspaper publication2 Aug 2023, 12:19PM Ashnisha Industries informs about disclosure9 Jun 2023, 12:14PM Ashnisha Industries - Quaterly Results8 May 2023, 1:27PM Ashnisha Industries - Quaterly Results8 May 2023, 1:27PM Ashnisha Industries - Quaterly Results8 May 2023, 1:27PM Ashnisha Industries informs about outcome of independent directors meet 24 Mar 2023, 4:49PM Ashnisha Industries - Quaterly Results7 Feb 2023, 6:59PM Ashnisha Industries - Quaterly Results7 Feb 2023, 6:59PM Ashnisha Industries informs about outcome of board meeting 27 Dec 2022, 4:38PM Ashnisha Industries informs about confirmation certificate6 Oct 2022, 4:18PM Ashnisha Industries informs about disclosure19 Sep 2022, 12:44PM Ashnisha Industries informs about disclosure 19 Sep 2022, 12:41PM Ashnisha Industries informs about disclosure 17 Sep 2022, 4:04PM Ashnisha Industries informs about outcome of board meeting15 Sep 2022, 3:15PM Ashnisha Industries informs about allotment of equity shares15 Sep 2022, 2:37PM Ashnisha Industries - Quaterly Results13 Aug 2022, 4:59PM Ashnisha Industries - Quaterly Results13 Aug 2022, 4:59PM Ashnisha Industries informs about appointment of CFO28 Feb 2022, 3:34PM Ashnisha Industries disposes 4.25% stake in Vivanta Industries 26 Nov 2021, 5:10PM Ashnisha Industries informs about AGM notice8 Sep 2021, 10:54AM Ashnisha Industries informs about newspaper publication20 Aug 2021, 4:48PM Ashnisha Industries informs about separate meeting of independent directors 27 Feb 2021, 3:33PM Ashnisha Industries informs about book closure11 Sep 2020, 5:20PM

Ashnisha Industries Stock Price Analysis and Quick Research Report. Is Ashnisha Industries 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. 

Ashnisha Industries stock price today is Rs 6. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Ashnisha Industries . 

  • 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). Ashnisha Industries has a PE ratio of 92.8792569659443 which is high and comparatively overvalued .

  • Share Price: - The current share price of Ashnisha Industries is Rs 6. One can use valuation calculators of ticker to know if Ashnisha Industries 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. Ashnisha Industries has ROA of 2.78388430180157 % 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. Ashnisha Industries has a Current ratio of 3.62647880480991 .

  • 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. Ashnisha Industries has a ROE of 3.80587650446276 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Ashnisha Industries has a Debt to Equity ratio of 0.072 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Ashnisha Industries has reported revenue growth of 0 % 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 Ashnisha Industries for the current financial year is 2.11394807739407 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ashnisha Industries 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 Ashnisha Industries is Rs 0.0646 . The higher the EPS, the better it is for investors. 

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

Last Updated on:
Brief about Ashnisha Industries
X