Ashnisha Industries Ltd
Incorporated in 2009, Ashnisha Industries Ltd trades various steel products and goods[1]
- Market Cap ₹ 67.7 Cr.
- Current Price ₹ 6.70
- High / Low ₹ 25.7 / 6.07
- Stock P/E 66.3
- Book Value ₹ 5.58
- Dividend Yield 0.00 %
- ROCE 1.68 %
- ROE 1.78 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -9.22%
- The company has delivered a poor sales growth of 10.7% over past five years.
- Promoter holding is low: 17.4%
- Company has a low return on equity of 0.29% over last 3 years.
- Earnings include an other income of Rs.1.92 Cr.
- Company has high debtors of 233 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.
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 | TTM | |
---|---|---|---|---|---|---|---|
11.81 | 74.21 | 26.80 | 10.16 | 9.01 | 19.64 | 15.10 | |
11.82 | 65.82 | 28.23 | 9.72 | 9.06 | 19.93 | 15.32 | |
Operating Profit | -0.01 | 8.39 | -1.43 | 0.44 | -0.05 | -0.29 | -0.22 |
OPM % | -0.08% | 11.31% | -5.34% | 4.33% | -0.55% | -1.48% | -1.46% |
-0.64 | 0.64 | 0.40 | 0.64 | 2.27 | 1.74 | 1.92 | |
Interest | 0.00 | 0.69 | 0.24 | 0.10 | 0.01 | 0.01 | 0.00 |
Depreciation | 0.01 | 4.10 | 3.66 | 1.70 | 0.98 | 0.30 | 0.29 |
Profit before tax | -0.66 | 4.24 | -4.93 | -0.72 | 1.23 | 1.14 | 1.41 |
Tax % | 0.00% | 5.19% | 8.32% | 2.78% | 65.85% | 21.05% | |
-0.66 | 4.02 | -4.51 | -0.69 | 0.42 | 0.90 | 1.02 | |
EPS in Rs | -0.22 | 1.33 | -1.49 | -0.23 | 0.14 | 0.09 | 0.10 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | -10% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 116% |
3 Years: | 30% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 72% |
3 Years: | 132% |
1 Year: | -56% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 3.02 | 3.02 | 3.02 | 3.02 | 3.02 | 9.90 | 9.90 |
Reserves | 9.16 | 13.19 | 41.85 | 41.16 | 41.58 | 46.47 | 46.43 |
1.67 | 69.92 | 1.74 | 3.18 | 1.74 | 1.69 | 5.09 | |
1.54 | 9.64 | 19.41 | 25.09 | 22.30 | 26.91 | 29.08 | |
Total Liabilities | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 90.50 |
0.05 | 14.55 | 8.90 | 13.42 | 12.70 | 12.17 | 11.92 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 2.17 | 1.37 | 4.16 | 4.01 | 0.59 | 0.59 | 3.59 |
13.17 | 79.85 | 52.96 | 55.02 | 55.35 | 72.21 | 74.99 | |
Total Assets | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 90.50 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-11.57 | 57.79 | -67.29 | 16.56 | -17.99 | -8.93 | |
-0.77 | -16.33 | -0.40 | -3.78 | 4.61 | 1.74 | |
12.36 | -41.41 | 72.10 | -2.50 | -1.28 | 9.66 | |
Net Cash Flow | 0.02 | 0.05 | 4.40 | 10.27 | -14.66 | 2.47 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 309.68 | 115.29 | 135.65 | 310.03 | 234.15 | 232.86 |
Inventory Days | 0.00 | 33.79 | 110.54 | 63.95 | 51.10 | 0.00 |
Days Payable | 33.16 | 38.77 | 410.68 | 82.73 | ||
Cash Conversion Cycle | 309.68 | 115.92 | 207.42 | -36.69 | 202.52 | 232.86 |
Working Capital Days | 358.51 | 138.85 | 345.93 | 325.84 | 1,074.74 | 656.03 |
ROCE % | 9.81% | -6.27% | -0.98% | 0.94% | 1.68% |
Documents
Announcements
-
Compliances-Compliance Certificate For The Period Ended March 31, 2024
4 Apr - Reg. 7(3)- Compliance Certificate (RTA & Compliance Officer)
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended on 31st March, 2024.
- Closure of Trading Window 27 Mar
-
Announcement under Regulation 30 (LODR)-Resignation of Director
20 Mar - Resignation of Mrs. Daxaben Shah as an Independent Director.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
20 Mar - Resignation of Mr. Chandrakant Chauhan as an Independent Director of the Company
Business Overview:[1][2]
a) Manufacturing and trading of Steel and Steel alloys
b) Trading and Investment Business
c) Trading of Software, Electronic and IT Product
d) Trading of Goods