Asi Industries Ltd
Incorporated in 1945, ASI Industries
Ltd does mining and processing of
natural stones[1]
- Market Cap ₹ 241 Cr.
- Current Price ₹ 26.7
- High / Low ₹ 36.9 / 19.0
- Stock P/E 9.59
- Book Value ₹ 40.1
- Dividend Yield 1.50 %
- ROCE 9.02 %
- ROE 6.35 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.67 times its book value
Cons
- The company has delivered a poor sales growth of -2.90% over past five years.
- Company has a low return on equity of 6.92% over last 3 years.
- Earnings include an other income of Rs.19.3 Cr.
- Dividend payout has been low at 14.2% of profits over last 3 years
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 209 | 172 | 235 | 239 | 181 | 143 | 173 | 202 | 138 | 145 | 155 | 149 | 159 | |
| 172 | 141 | 206 | 211 | 148 | 139 | 148 | 191 | 113 | 125 | 130 | 129 | 137 | |
| Operating Profit | 37 | 31 | 29 | 29 | 33 | 5 | 25 | 11 | 24 | 20 | 24 | 20 | 22 |
| OPM % | 18% | 18% | 12% | 12% | 18% | 3.2% | 15% | 5% | 18% | 14% | 16% | 14% | 14% |
| 9 | 9 | 11 | 7 | 7 | 5 | 3 | 1 | 9 | 22 | 19 | 20 | 19 | |
| Interest | 8 | 12 | 9 | 8 | 7 | 8 | 6 | 12 | 3 | 2 | 2 | 2 | 2 |
| Depreciation | 6 | 5 | 5 | 6 | 6 | 6 | 7 | 22 | 5 | 5 | 5 | 4 | 4 |
| Profit before tax | 31 | 23 | 26 | 22 | 27 | -5 | 16 | -22 | 25 | 35 | 37 | 33 | 36 |
| Tax % | 41% | 38% | 29% | 33% | 29% | -33% | 30% | -34% | 30% | 28% | 32% | 32% | |
| 18 | 14 | 18 | 14 | 19 | -3 | 11 | -15 | 17 | 25 | 25 | 23 | 25 | |
| EPS in Rs | 2.22 | 1.73 | 2.18 | 1.75 | 2.30 | -0.37 | 1.22 | -1.62 | 1.92 | 2.79 | 2.83 | 2.52 | 2.80 |
| Dividend Payout % | 11% | 14% | 14% | 17% | 13% | 0% | 0% | 0% | 10% | 13% | 14% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -3% |
| 3 Years: | 3% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 15% |
| 3 Years: | 7% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 8% |
| 3 Years: | 16% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 5% |
| 3 Years: | 7% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 185 | 199 | 218 | 229 | 244 | 278 | 298 | 281 | 298 | 313 | 344 | 353 |
| 90 | 104 | 127 | 119 | 158 | 236 | 248 | 64 | 29 | 29 | 31 | 41 | |
| 92 | 46 | 36 | 25 | 22 | 34 | 49 | 23 | 26 | 19 | 22 | 24 | |
| Total Liabilities | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 | 427 |
| 160 | 160 | 162 | 172 | 170 | 186 | 392 | 174 | 167 | 165 | 162 | 160 | |
| CWIP | 0 | 2 | 0 | 0 | 12 | 193 | 6 | 0 | 1 | 3 | 3 | 10 |
| Investments | 2 | 28 | 38 | 36 | 35 | 55 | 70 | 86 | 60 | 85 | 101 | 110 |
| 212 | 165 | 189 | 173 | 215 | 124 | 136 | 117 | 134 | 116 | 140 | 147 | |
| Total Assets | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 | 427 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46 | -21 | 21 | 16 | 16 | 23 | 24 | 56 | 20 | 34 | -3 | 16 | |
| -55 | -11 | -7 | 1 | -44 | -91 | -26 | 137 | 19 | -32 | 4 | -19 | |
| 14 | 36 | -13 | -19 | 28 | 67 | 6 | -195 | -37 | -4 | -3 | 4 | |
| Net Cash Flow | 4 | 4 | 1 | -2 | 0 | -1 | 4 | -2 | 2 | -2 | -2 | 1 |
| Free Cash Flow | 45 | -28 | 19 | -1 | -52 | -103 | -3 | 255 | 18 | 30 | -2 | 2 |
| CFO/OP | 141% | -28% | 98% | 87% | 74% | 593% | 116% | 575% | 109% | 209% | 28% | 116% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 204 | 162 | 144 | 120 | 170 | 172 | 167 | 106 | 168 | 119 | 112 | 125 |
| Inventory Days | 50 | 74 | 41 | 69 | 175 | 155 | 168 | 114 | ||||
| Days Payable | 265 | 185 | 31 | 2 | 6 | 26 | 55 | 27 | ||||
| Cash Conversion Cycle | -11 | 50 | 154 | 187 | 339 | 300 | 281 | 193 | 168 | 119 | 112 | 125 |
| Working Capital Days | 89 | 56 | 59 | 60 | 50 | -172 | -121 | 96 | 171 | 135 | 157 | 220 |
| ROCE % | 15% | 11% | 10% | 8% | 9% | 1% | 4% | -1% | 9% | 10% | 10% | 9% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent employees count |
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| Stone segment share of revenue % |
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| Wind power installed capacity MW |
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| Kota stone production million sq m |
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| Wind power generation MWh |
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| Quarry / mine lease area sq km |
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Extracted by Screener AI
Documents
Announcements
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Update
29 Jul - ASI Industries sold its entire 10,00,000-share holding in Lloyds Engineering Works on 28 July 2026.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
28 Jul - Subscribed 11,776 SSFTPL shares for Rs 164.16 lakh on 28 July 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Jul - Newspaper publication of un-audited financial results for the qtr. ended June 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting
27 Jul - Board approved unaudited Q1 FY27 results on 27 July 2026; profit rose to Rs 644.85 lakh.
- Un-Audited Financial Results 27 Jul
Annual reports
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Financial Year 2025
from bse
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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
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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May 2019TranscriptAI SummaryPPT
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.