Ashnisha Industries Ltd
Incorporated in 2009, Ashnisha Industries Ltd
does trading of various steel products and goods.[1]
- Market Cap ₹ 91.5 Cr.
- Current Price ₹ 3.45
- High / Low ₹ 5.36 / 2.57
- Stock P/E 366
- Book Value ₹ 4.14
- Dividend Yield 0.00 %
- ROCE 0.25 %
- ROE 0.29 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.83 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.81% over past five years.
- Promoter holding is low: 6.61%
- Company has a low return on equity of 0.68% over last 3 years.
- Company has high debtors of 457 days.
- Promoter holding has decreased over last 3 years: -20.5%
* 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 11.81 | 74.21 | 26.80 | 10.16 | 9.01 | 19.64 | 12.47 | 4.83 | 12.85 | |
| 11.82 | 65.82 | 28.23 | 9.72 | 9.06 | 19.93 | 12.92 | 8.84 | 14.55 | |
| Operating Profit | -0.01 | 8.39 | -1.43 | 0.44 | -0.05 | -0.29 | -0.45 | -4.01 | -1.70 |
| OPM % | -0.08% | 11.31% | -5.34% | 4.33% | -0.55% | -1.48% | -3.61% | -83.02% | -13.23% |
| -0.64 | 0.64 | 0.40 | 0.64 | 2.27 | 1.74 | 2.40 | 5.79 | 2.54 | |
| Interest | 0.00 | 0.69 | 0.24 | 0.10 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.01 | 4.10 | 3.66 | 1.70 | 0.98 | 0.30 | 0.52 | 0.52 | 0.52 |
| Profit before tax | -0.66 | 4.24 | -4.93 | -0.72 | 1.23 | 1.14 | 1.43 | 1.26 | 0.32 |
| Tax % | 0.00% | 5.19% | -8.32% | -2.78% | 65.85% | 21.05% | 33.57% | 87.30% | 25.00% |
| -0.66 | 4.02 | -4.51 | -0.69 | 0.42 | 0.90 | 0.96 | 0.17 | 0.25 | |
| EPS in Rs | -0.08 | 0.51 | -0.57 | -0.09 | 0.05 | 0.03 | 0.04 | 0.01 | 0.01 |
| Dividend Payout % | 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: | 5% |
| 3 Years: | -13% |
| TTM: | 166% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | -35% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | -45% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.02 | 3.02 | 3.02 | 3.02 | 3.02 | 9.90 | 10.10 | 10.10 | 26.51 |
| Reserves | 9.16 | 13.19 | 41.85 | 41.16 | 41.58 | 46.47 | 50.46 | 50.61 | 83.22 |
| 1.67 | 69.92 | 1.74 | 3.18 | 1.74 | 1.69 | 3.77 | 46.13 | 5.38 | |
| 1.54 | 9.64 | 19.41 | 25.09 | 22.30 | 26.91 | 29.46 | 21.00 | 20.60 | |
| Total Liabilities | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 93.79 | 127.84 | 135.71 |
| 0.05 | 14.55 | 8.90 | 13.42 | 12.70 | 12.17 | 11.66 | 11.14 | 10.64 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.34 | 7.32 |
| Investments | 2.17 | 1.37 | 4.16 | 4.01 | 0.59 | 0.59 | 3.59 | 2.82 | 0.77 |
| 13.17 | 79.85 | 52.96 | 55.02 | 55.35 | 72.21 | 78.54 | 113.54 | 116.98 | |
| Total Assets | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 93.79 | 127.84 | 135.71 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -11.57 | 57.79 | -67.29 | 16.56 | -17.99 | -8.93 | 2.96 | -12.75 | -42.73 | |
| -0.77 | -16.33 | -0.40 | -3.78 | 4.61 | 1.74 | -0.75 | 0.62 | -3.15 | |
| 12.36 | -41.41 | 72.10 | -2.50 | -1.28 | 9.66 | -4.01 | 11.52 | 52.99 | |
| Net Cash Flow | 0.02 | 0.05 | 4.40 | 10.27 | -14.66 | 2.47 | -1.80 | -0.61 | 7.12 |
| Free Cash Flow | -11.63 | 42.86 | -65.30 | 11.98 | -18.25 | -8.93 | 2.96 | -13.09 | -49.72 |
| CFO/OP | 115,700% | 689% | 4,706% | 3,764% | 35,980% | 3,034% | -707% | 294% | 2,511% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 309.68 | 115.29 | 135.65 | 310.03 | 234.15 | 232.86 | 453.10 | 560.72 | 456.75 |
| Inventory Days | 0.00 | 33.79 | 110.54 | 63.95 | 51.10 | 0.00 | 7.81 | 0.00 | 0.00 |
| Days Payable | 33.16 | 38.77 | 410.68 | 82.73 | 360.77 | ||||
| Cash Conversion Cycle | 309.68 | 115.92 | 207.42 | -36.69 | 202.52 | 232.86 | 100.15 | 560.72 | 456.75 |
| Working Capital Days | 358.51 | -197.18 | 344.84 | 271.24 | 1,071.50 | 655.48 | 929.62 | 3,411.20 | 2,453.31 |
| ROCE % | 9.81% | -6.27% | -0.98% | 0.94% | 1.68% | 1.84% | 1.23% | 0.25% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio Ratio ・Includes some standalone data |
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| Sale of Steel Products ₹ Lakhs ・Includes some standalone data |
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| Sale of IT Products ₹ Lakhs |
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| Proposed Solar Power Capacity MW ・Standalone data |
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| Trading Volume - Coal Metric Tons ・Standalone data |
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| Trading Volume - Coke Metric Tons ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Announcement Under Reg 30 Of SEBI (Listing Obligations & Disclosure Requirement) Regulation, 2015
8h - Ashnisha Industries denies Telegram messages, says no undisclosed material info, and files complaint.
- Closure of Trading Window 2d
-
Announcement Under Reg 30 Of SEBI (Listing Obligations & Disclosure Requirement) Regulation, 2015
23 Jun - Company denies unauthorized social media messages and says no undisclosed material information exists.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report for FY2026 notes one lapse: no independent director on Adzillow Private Limited.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 May
Business Overview:[1]
AIL is in the is business of trading various steel products and other goods. It also trades in Software, Electronic and IT Products and is planning to enter solar power business.