Ashirwad Capital Ltd
Incorporated in 1985, Ashirvad Capital Ltd is engaged in the business of investment[1]
- Market Cap ₹ 31.3 Cr.
- Current Price ₹ 5.22
- High / Low ₹ 8.24 / 3.26
- Stock P/E 21.6
- Book Value ₹ 2.32
- Dividend Yield 0.00 %
- ROCE 6.56 %
- ROE 5.87 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.28% over last 3 years.
- Working capital days have increased from 150 days to 540 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.29 | 0.83 | 0.32 | 0.85 | 0.42 | 0.52 | 0.78 | 1.01 | 0.46 | 0.70 | 1.22 | 0.96 | 1.52 | |
0.15 | 0.17 | 0.11 | 0.14 | 0.82 | -0.14 | -0.26 | 0.11 | 0.12 | 0.09 | 0.09 | 0.10 | 0.13 | |
Operating Profit | 1.14 | 0.66 | 0.21 | 0.71 | -0.40 | 0.66 | 1.04 | 0.90 | 0.34 | 0.61 | 1.13 | 0.86 | 1.39 |
OPM % | 88.37% | 79.52% | 65.62% | 83.53% | -95.24% | 126.92% | 133.33% | 89.11% | 73.91% | 87.14% | 92.62% | 89.58% | 91.45% |
0.06 | 0.07 | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | |
Interest | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
Profit before tax | 1.07 | 0.71 | 0.33 | 0.68 | -0.42 | 0.65 | 1.03 | 0.89 | 0.33 | 0.60 | 1.12 | 0.85 | 1.58 |
Tax % | 17.76% | 19.72% | 24.24% | 22.06% | 0.00% | 9.23% | 10.68% | 21.35% | 12.12% | 5.00% | 11.61% | 10.59% | |
0.88 | 0.57 | 0.26 | 0.53 | -0.42 | 0.59 | 0.92 | 0.70 | 0.29 | 0.58 | 0.99 | 0.76 | 1.45 | |
EPS in Rs | 0.15 | 0.10 | 0.04 | 0.09 | -0.07 | 0.10 | 0.15 | 0.12 | 0.05 | 0.10 | 0.16 | 0.13 | 0.24 |
Dividend Payout % | 45.45% | 70.18% | 61.54% | 67.92% | 0.00% | 27.12% | 43.48% | 57.14% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 4% |
3 Years: | 28% |
TTM: | 83% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | -4% |
3 Years: | 38% |
TTM: | 81% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 19% |
3 Years: | 26% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 6.00 |
Reserves | 1.83 | 1.93 | 2.00 | 2.10 | 1.68 | 2.08 | 2.51 | 4.97 | 2.26 | 5.60 | 8.64 | 9.26 | 7.90 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
1.17 | 1.33 | 1.05 | 0.98 | 0.43 | 0.44 | 0.80 | 0.26 | 0.12 | 0.14 | 0.22 | 0.18 | 0.22 | |
Total Liabilities | 7.00 | 7.26 | 7.05 | 7.08 | 6.11 | 6.52 | 7.31 | 9.23 | 6.38 | 9.74 | 12.86 | 13.44 | 14.12 |
0.32 | 0.30 | 0.26 | 0.23 | 0.22 | 0.20 | 0.19 | 0.18 | 0.17 | 0.17 | 0.16 | 0.15 | 0.15 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 3.07 | 4.84 | 5.26 | 4.51 | 5.38 | 5.60 | 6.89 | 7.65 | 4.98 | 9.53 | 11.93 | 11.73 | 12.27 |
3.61 | 2.12 | 1.53 | 2.34 | 0.51 | 0.72 | 0.23 | 1.40 | 1.23 | 0.04 | 0.77 | 1.56 | 1.70 | |
Total Assets | 7.00 | 7.26 | 7.05 | 7.08 | 6.11 | 6.52 | 7.31 | 9.23 | 6.38 | 9.74 | 12.86 | 13.44 | 14.12 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1.94 | 1.42 | 0.40 | -1.32 | 1.88 | -0.06 | -0.12 | -0.63 | 0.14 | -0.02 | -0.04 | -1.65 | |
2.04 | -1.41 | -0.48 | 1.34 | -1.68 | 0.51 | -0.36 | 1.44 | 0.05 | -1.16 | 0.77 | 0.89 | |
-0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | -0.01 | 0.01 | -0.08 | 0.02 | 0.20 | 0.44 | -0.48 | 0.81 | 0.19 | -1.18 | 0.73 | -0.76 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | -226.36 | -329.82 | -365.00 | -249.06 | -26.07 | -210.58 | -308.85 | 57.82 | -55.54 | -41.71 | -47.87 | 539.90 |
ROCE % | 18.80% | 12.07% | 4.36% | 11.24% | -7.13% | 11.05% | 16.36% | 11.50% | 4.33% | 7.57% | 10.07% | 6.56% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
- Certificate Under Regulation 40(9) Of Securities Exchange Board Of India (LODR) Regulations, 2015 17 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Certificate dated April 11, 2024 issued by M/s. Bigshare Services Pvt. Ltd. Registrar and Share Transfer Agent (RTA) of the company confirming the compliance of …
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulation, 2015 For The Year Ended On March 31, 2024. 10 Apr
- Closure of Trading Window 27 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company is a Non Systematically Important Non Deposit Taking Non Banking Finance Company. It does investments in shares and securities. Apart from this, company is also in the business of manufacturing of Carvings of Precious and semi- precious stones, paintings, jewellery, etc. Company also receives compensation against property