Ashtasidhhi Industries Ltd

Ashtasidhhi Industries Ltd

₹ 18.0 -2.55%
12 Dec - close price
About

Incorporated in 1993, Ashtasidhhi Industries Ltd is engaged in the textile business[1]

Key Points

Business Overview:[1][2]
AIL was initially registered as a non-systematically important, non-deposit-taking NBFC engaged in lending and financial services. Over time, it altered its business objects to enter the textile sector, adding activities such as ginning, spinning, weaving, and fabric manufacturing. The company has since exited financial services and now operates primarily in textile trading and allied activities, with operations concentrated in Ahmedabad.

  • Market Cap 13.5 Cr.
  • Current Price 18.0
  • High / Low 27.5 / 12.2
  • Stock P/E 1,350
  • Book Value 13.6
  • Dividend Yield 0.00 %
  • ROCE 0.29 %
  • ROE 0.20 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0.51% over last 3 years.
  • Company has high debtors of 725 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
0.05 0.20 0.09 0.06 0.10 0.00 0.54 0.35 0.40 0.44 0.34 1.49 0.18
0.03 0.20 0.03 0.06 0.06 0.12 0.99 0.30 0.42 0.45 0.33 1.51 0.16
Operating Profit 0.02 0.00 0.06 0.00 0.04 -0.12 -0.45 0.05 -0.02 -0.01 0.01 -0.02 0.02
OPM % 40.00% 0.00% 66.67% 0.00% 40.00% -83.33% 14.29% -5.00% -2.27% 2.94% -1.34% 11.11%
0.00 0.00 0.00 0.00 0.00 0.11 0.03 0.00 0.01 0.00 0.00 0.02 0.00
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 0.01 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 0.06 0.00 0.04 -0.01 -0.42 0.05 -0.01 -0.01 0.01 0.00 0.02
Tax % 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00%
0.02 -0.01 0.05 0.00 0.04 -0.01 -0.42 0.05 -0.02 -0.01 0.01 0.00 0.01
EPS in Rs 0.03 -0.01 0.07 0.00 0.05 -0.01 -0.56 0.07 -0.03 -0.01 0.01 0.00 0.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
6.80 0.16 0.16 0.15 0.15 0.19 0.42 0.17 0.22 0.28 0.77 1.54 2.45
6.71 0.13 0.13 0.11 0.10 0.12 0.07 0.11 0.32 0.23 0.68 1.51 2.45
Operating Profit 0.09 0.03 0.03 0.04 0.05 0.07 0.35 0.06 -0.10 0.05 0.09 0.03 0.00
OPM % 1.32% 18.75% 18.75% 26.67% 33.33% 36.84% 83.33% 35.29% -45.45% 17.86% 11.69% 1.95%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.00 -0.48 0.01 0.02
Interest 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.09 0.03 0.02 0.04 0.05 0.05 0.35 0.06 0.04 0.05 -0.39 0.04 0.02
Tax % 33.33% 33.33% 50.00% 25.00% 20.00% 20.00% 11.43% 50.00% 25.00% 20.00% 0.00% 25.00%
0.06 0.01 0.01 0.03 0.03 0.04 0.31 0.03 0.03 0.04 -0.39 0.03 0.01
EPS in Rs 0.08 0.01 0.01 0.04 0.04 0.05 0.41 0.04 0.04 0.05 -0.52 0.04 0.01
Dividend Payout % 0.00% 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: 25%
5 Years: 30%
3 Years: 91%
TTM: 90%
Compounded Profit Growth
10 Years: 7%
5 Years: -42%
3 Years: -13%
TTM: 103%
Stock Price CAGR
10 Years: 7%
5 Years: 62%
3 Years: 12%
1 Year: 4%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: 1%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 7.51 7.51 7.51 7.51 7.51 7.51 7.51 7.51 7.51 7.51 7.51 7.51 7.51
Reserves 2.50 2.52 2.53 2.56 2.60 2.64 2.95 2.98 3.01 3.05 2.66 2.69 2.71
0.00 0.00 0.00 0.22 0.30 0.42 0.21 0.00 0.00 0.00 0.00 0.00 0.00
0.97 2.49 0.04 0.05 0.05 0.05 0.04 0.06 0.04 0.05 0.05 0.44 1.38
Total Liabilities 10.98 12.52 10.08 10.34 10.46 10.62 10.71 10.55 10.56 10.61 10.22 10.64 11.60
0.01 0.01 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 8.20 8.79 8.79 8.79 8.79 8.79 8.19 8.19 8.19 8.30 7.19 7.19 7.19
2.77 3.72 1.29 1.55 1.67 1.83 2.52 2.36 2.37 2.31 3.03 3.45 4.41
Total Assets 10.98 12.52 10.08 10.34 10.46 10.62 10.71 10.55 10.56 10.61 10.22 10.64 11.60

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.00 0.59 -0.02 -0.22 -0.07 -0.12 -0.30 -0.05 0.02 -0.02 -1.30 0.01
0.00 -0.59 0.00 0.00 0.00 0.00 0.61 0.17 0.00 0.05 1.30 0.00
0.00 0.00 0.00 0.22 0.08 0.12 -0.21 -0.21 0.00 0.00 0.00 0.00
Net Cash Flow 0.00 -0.01 -0.01 0.00 0.01 0.00 0.09 -0.08 0.02 0.03 0.00 0.01

Ratios

Figures in Rs. Crores

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 5.37 844.06 2,600.62 24.33 0.00 0.00 0.00 0.00 0.00 0.00 1,313.05 725.26
Inventory Days 2.20 225.95 232.27 71.70 64.41
Days Payable 51.05 69.52 165.91 32.59 112.72
Cash Conversion Cycle -43.48 844.06 2,600.62 24.33 0.00 0.00 0.00 0.00 156.43 66.36 1,352.16 676.95
Working Capital Days 96.08 2,760.31 2,828.75 3,650.00 3,917.67 3,400.26 2,077.02 4,895.29 3,815.91 2,867.86 1,388.90 696.82
ROCE % 0.90% 0.30% 0.20% 0.39% 0.48% 0.67% 3.30% 0.57% 0.38% 0.47% 0.96% 0.29%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
58.07% 58.07% 58.07% 58.07% 35.30% 58.07% 58.07% 58.07% 58.07% 58.07% 58.07% 58.07%
41.92% 41.93% 41.93% 41.92% 64.70% 41.93% 41.93% 41.93% 41.93% 41.92% 41.93% 41.93%
No. of Shareholders 1,3961,4011,3991,4401,4541,5021,4831,5141,7981,8021,7911,778

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