Ashiana Agro Industries Ltd

Ashiana Agro Industries Ltd

₹ 10.4 4.50%
25 Apr 4:01 p.m.
About

Incorporated in 1990, Ashiana Agro Industries Ltd is in the business of trading and financing activities[1]

Key Points

Business Overview:[1][2]
Company used to manufacture Edible oils. Its new management identified Packaging Materials business as a new area. Company's present activity is trading of Packaging Materials like Corrugated Boxes, Boards, Partitions, etc. and supplying to various customers in Tamil Nadu.

  • Market Cap 4.81 Cr.
  • Current Price 10.4
  • High / Low 14.0 / 4.10
  • Stock P/E 53.4
  • Book Value 5.26
  • Dividend Yield 0.00 %
  • ROCE -1.24 %
  • ROE -1.24 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 11.8% over past five years.
  • Promoter holding is low: 25.6%
  • Company has a low return on equity of 0.56% 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

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.19 0.16 0.13 0.22 0.20 0.19 0.17 0.28 0.22 0.18 0.21 0.26 0.26
0.22 0.20 0.19 0.24 0.23 0.22 0.24 0.33 0.26 0.21 0.27 0.28 0.26
Operating Profit -0.03 -0.04 -0.06 -0.02 -0.03 -0.03 -0.07 -0.05 -0.04 -0.03 -0.06 -0.02 0.00
OPM % -15.79% -25.00% -46.15% -9.09% -15.00% -15.79% -41.18% -17.86% -18.18% -16.67% -28.57% -7.69% 0.00%
0.05 0.05 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.05
Interest 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
Depreciation 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
Profit before tax 0.02 0.01 -0.01 0.03 0.02 0.01 -0.03 -0.01 0.00 0.02 -0.01 0.03 0.05
Tax % 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.02 0.00 -0.01 0.03 0.02 0.01 -0.03 -0.01 0.00 0.02 -0.01 0.03 0.05
EPS in Rs 0.04 0.00 -0.02 0.07 0.04 0.02 -0.07 -0.02 0.00 0.04 -0.02 0.07 0.11
Raw PDF

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
0.00 0.00 0.00 0.17 0.43 0.15 0.48 0.84 0.83 0.58 0.73 0.84 0.91
0.15 0.18 0.19 0.40 0.68 0.41 0.72 1.06 1.03 0.72 0.87 1.05 1.02
Operating Profit -0.15 -0.18 -0.19 -0.23 -0.25 -0.26 -0.24 -0.22 -0.20 -0.14 -0.14 -0.21 -0.11
OPM % -135.29% -58.14% -173.33% -50.00% -26.19% -24.10% -24.14% -19.18% -25.00% -12.09%
0.23 0.23 0.23 0.23 0.22 0.21 0.20 0.19 0.19 0.18 0.18 0.18 0.20
Interest 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
Depreciation 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
Profit before tax 0.08 0.05 0.04 0.00 -0.03 -0.05 -0.04 -0.03 -0.01 0.04 0.04 -0.03 0.09
Tax % 0.00% 20.00% 50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00%
0.08 0.04 0.02 0.00 -0.03 -0.05 -0.04 -0.03 -0.01 0.03 0.04 -0.03 0.09
EPS in Rs 0.17 0.09 0.04 0.00 -0.07 -0.11 -0.09 -0.07 -0.02 0.07 0.09 -0.07 0.20
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 0%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 5%
3 Years: %
TTM: 400%
Stock Price CAGR
10 Years: 30%
5 Years: 62%
3 Years: 24%
1 Year: 98%
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: 1%
Last Year: -1%

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 4.59 4.59 4.59 4.59 4.59 4.59 4.59 4.59 4.59 4.59 4.59 4.59 4.59
Reserves -2.06 -2.02 -2.00 -2.08 -2.11 -2.16 -2.20 -2.23 -2.24 -2.21 -2.17 -2.19 -2.17
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
0.01 0.00 -0.01 0.14 0.09 0.00 0.18 0.05 0.09 0.11 0.05 0.03 0.02
Total Liabilities 2.54 2.57 2.58 2.65 2.57 2.43 2.57 2.41 2.44 2.49 2.47 2.43 2.44
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
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 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
2.54 2.57 2.58 2.65 2.57 2.43 2.57 2.41 2.44 2.49 2.47 2.43 2.44
Total Assets 2.54 2.57 2.58 2.65 2.57 2.43 2.57 2.41 2.44 2.49 2.47 2.43 2.44

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
-0.17 -0.17 -0.26 -0.27 -0.22 -0.24 -0.33 -0.42 -0.16 0.01 -0.14 -0.21
0.22 0.22 0.23 0.23 0.22 0.21 0.20 0.19 0.18 0.08 0.18 0.18
0.00 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 0.05 0.05 -0.03 -0.04 0.00 -0.03 -0.13 -0.24 0.03 0.09 0.05 -0.03

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 386.47 84.88 0.00 197.71 143.39 149.52 113.28 110.00 91.25
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 386.47 84.88 0.00 197.71 143.39 149.52 113.28 110.00 91.25
Working Capital Days 150.29 33.95 48.67 76.04 134.70 123.13 69.22 105.00 95.60
ROCE % 3.21% 1.96% 1.55% 0.00% -1.20% -2.04% -1.66% -1.26% -0.42% 1.69% 1.67% -1.24%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
25.56% 25.56% 25.56% 25.56% 25.56% 25.56% 25.56% 25.56% 25.56% 25.56% 25.56% 25.56%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.01% 0.01% 0.01% 0.01% 0.01%
74.43% 74.43% 74.43% 74.43% 74.43% 74.42% 74.43% 74.43% 74.43% 74.43% 74.42% 74.42%
No. of Shareholders 22,78422,80422,85622,92922,93322,93322,97922,99522,96622,95823,19623,288

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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