Asi Industries Ltd
Incorporated in 1945, ASI Industries
Ltd does mining and processing of
natural stones[1]
- Market Cap ₹ 299 Cr.
- Current Price ₹ 33.2
- High / Low ₹ 65.9 / 24.8
- Stock P/E 11.7
- Book Value ₹ 39.1
- Dividend Yield 1.05 %
- ROCE 10.6 %
- ROE 7.54 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.85 times its book value
- Company has delivered good profit growth of 59.2% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 1.53% over past five years.
- Company has a low return on equity of 7.11% over last 3 years.
- Earnings include an other income of Rs.19.3 Cr.
* 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
Commodities Metals & Mining Minerals & Mining Industrial Minerals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
131 | 209 | 172 | 235 | 239 | 181 | 143 | 173 | 202 | 138 | 145 | 155 | |
104 | 172 | 141 | 206 | 211 | 148 | 139 | 148 | 191 | 113 | 125 | 130 | |
Operating Profit | 26 | 37 | 31 | 29 | 29 | 33 | 5 | 25 | 11 | 24 | 20 | 24 |
OPM % | 20% | 18% | 18% | 12% | 12% | 18% | 3% | 15% | 5% | 18% | 14% | 16% |
3 | 9 | 9 | 11 | 7 | 7 | 5 | 3 | 1 | 9 | 22 | 19 | |
Interest | 6 | 8 | 12 | 9 | 8 | 7 | 8 | 6 | 12 | 3 | 2 | 2 |
Depreciation | 8 | 6 | 5 | 5 | 6 | 6 | 6 | 7 | 22 | 5 | 5 | 5 |
Profit before tax | 16 | 31 | 23 | 26 | 22 | 27 | -5 | 16 | -22 | 25 | 35 | 37 |
Tax % | 35% | 41% | 38% | 29% | 33% | 29% | -33% | 30% | -34% | 30% | 28% | 32% |
10 | 18 | 14 | 18 | 14 | 19 | -3 | 11 | -15 | 17 | 25 | 25 | |
EPS in Rs | 1.21 | 2.22 | 1.73 | 2.18 | 1.75 | 2.30 | -0.37 | 1.22 | -1.62 | 1.92 | 2.79 | 2.83 |
Dividend Payout % | 16% | 11% | 14% | 14% | 17% | 13% | -0% | -0% | -0% | 10% | 13% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | 2% |
3 Years: | -8% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 59% |
3 Years: | 64% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 30% |
3 Years: | 36% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 7% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 170 | 185 | 199 | 218 | 229 | 244 | 278 | 298 | 281 | 298 | 313 | 344 |
43 | 90 | 104 | 127 | 119 | 158 | 236 | 248 | 64 | 29 | 29 | 31 | |
23 | 92 | 46 | 36 | 25 | 22 | 34 | 49 | 23 | 26 | 19 | 22 | |
Total Liabilities | 243 | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 |
167 | 160 | 160 | 162 | 172 | 170 | 186 | 392 | 174 | 167 | 165 | 164 | |
CWIP | 0 | 0 | 2 | 0 | 0 | 12 | 193 | 6 | 0 | 1 | 3 | 0 |
Investments | 4 | 2 | 28 | 38 | 36 | 35 | 55 | 70 | 86 | 60 | 85 | 101 |
71 | 212 | 165 | 189 | 173 | 215 | 124 | 136 | 117 | 134 | 116 | 140 | |
Total Assets | 243 | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 46 | -21 | 21 | 16 | 16 | 23 | 24 | 56 | 20 | 34 | -3 | |
-3 | -55 | -11 | -7 | 1 | -44 | -91 | -26 | 137 | 19 | -32 | 4 | |
-9 | 14 | 36 | -13 | -19 | 28 | 67 | 6 | -195 | -37 | -4 | -3 | |
Net Cash Flow | -9 | 4 | 4 | 1 | -2 | -0 | -1 | 4 | -2 | 2 | -2 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 116 | 204 | 162 | 144 | 120 | 170 | 172 | 167 | 106 | 168 | 119 | 112 |
Inventory Days | 214 | 50 | 74 | 41 | 69 | 175 | 155 | 168 | 114 | |||
Days Payable | -0 | 265 | 185 | 31 | 2 | 6 | 26 | 55 | 27 | |||
Cash Conversion Cycle | 330 | -11 | 50 | 154 | 187 | 339 | 300 | 281 | 193 | 168 | 119 | 112 |
Working Capital Days | 99 | 181 | 116 | 153 | 143 | 174 | 150 | 160 | 139 | 233 | 200 | 253 |
ROCE % | 9% | 15% | 11% | 10% | 8% | 9% | 1% | 4% | -1% | 9% | 10% | 11% |
Documents
Announcements
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 1d
-
Disclosure Under Regulation 10(5) Of SEBI (SAST) Regulations, 2011.
1d - Inter-se transfer of 30.53% promoter shares due to HUF dissolution; no change in aggregate promoter holding.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
21 May - Secretarial Compliance Report confirming full regulatory compliance for FY ended March 31, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Copy of newspaper publication of audited financial results for the quarter and year ended 31st March, 2025.
-
Announcement under Regulation 30 (LODR)-Acquisition
17 May - ASI Industries acquired 0.006% stake in Lloyds Metals for Rs.0.65 Cr on 16-May-2025 for investment.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2010
from bse
Concalls
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May 2019TranscriptNotesPPT
Business Overview:[1][2]
ASI is the world’s largest stone mining company, holding the largest stone mining quarry in the world. It is the only listed company in India supplying high quality Kotah stone products to industries such as real estate, construction and infrastructure. Company also generates wind power, and trades in steel coils and fabrics.