Ashnisha Industries Ltd

About [ edit ]

Ashnisha Industries is engaged in the business of Trading of Steel.

  • Market Cap 1.45 Cr.
  • Current Price 4.79
  • High / Low 5.88 / 1.76
  • Stock P/E
  • Book Value 147
  • Dividend Yield 0.00 %
  • ROCE -7.07 %
  • ROE -14.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.03 times its book value
  • Market value of investments Rs.4.16 Cr. is more than the Market Cap Rs.1.45 Cr.
  • Debtor days have improved from 186.87 to 135.65 days.

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 35.91%

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
0.00 1.94 12.34 59.92 20.01 1.24 3.31 2.23 1.01 1.43 1.93
0.00 1.58 11.40 52.83 15.63 0.07 6.55 5.98 1.22 0.02 2.18
Operating Profit 0.00 0.36 0.94 7.09 4.38 1.17 -3.24 -3.75 -0.21 1.41 -0.25
OPM % 18.56% 7.62% 11.83% 21.89% 94.35% -97.89% -168.16% -20.79% 98.60% -12.95%
Other Income 0.00 0.00 0.00 0.64 0.16 0.16 0.16 -0.08 0.00 0.00 0.00
Interest 0.00 0.01 0.00 0.68 0.14 0.21 -0.23 0.12 0.00 0.01 0.00
Depreciation 0.00 0.01 0.00 4.09 0.91 0.91 0.92 0.92 0.78 0.79 0.06
Profit before tax 0.00 0.34 0.94 2.96 3.49 0.21 -3.77 -4.87 -0.99 0.61 -0.31
Tax % 0.00% 0.00% 7.43% 29.51% 28.57% 28.91% 8.42% 0.00% 0.00% 0.00%
Net Profit 0.00 0.35 0.94 2.73 2.46 0.15 -2.67 -4.45 -0.98 0.61 -0.31
EPS in Rs 0.00 1.16 3.11 9.04 8.15 0.50 -8.84 -14.74 -3.25 2.02 -1.03

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 TTM
11.81 74.21 26.80 6.60
11.84 65.82 28.23 9.40
Operating Profit -0.03 8.39 -1.43 -2.80
OPM % -0.25% 11.31% -5.34% -42.42%
Other Income -0.62 0.64 0.40 -0.08
Interest 0.00 0.69 0.24 0.13
Depreciation 0.01 4.10 3.66 2.55
Profit before tax -0.66 4.24 -4.93 -5.56
Tax % 0.00% 5.19% 8.32%
Net Profit -0.66 4.02 -4.51 -5.13
EPS in Rs -2.19 13.32 -14.94 -17.00
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-92%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-292%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:-11%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:-15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Sep 2020
3.02 3.02 3.02 3.02
Reserves 9.16 13.19 41.85 41.48
Borrowings 1.67 69.92 1.74 1.71
1.54 9.64 19.41 22.98
Total Liabilities 15.39 95.77 66.02 69.19
0.05 14.55 8.90 6.15
CWIP 0.00 0.00 0.00 0.00
Investments 2.17 1.37 4.16 4.16
13.17 79.85 52.96 58.88
Total Assets 15.39 95.77 66.02 69.19

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
-11.57 57.79 -67.29
-0.77 -16.33 -0.40
12.36 -41.41 72.10
Net Cash Flow 0.02 0.05 4.40

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
ROCE % 9.86% -7.07%
Debtor Days 309.68 115.29 135.65
Inventory Turnover 21.61 3.30

Shareholding Pattern

Numbers in percentages

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
35.91 35.91 35.91 35.91 35.91 35.91 35.91 35.91 35.91 35.91
64.09 64.09 64.09 64.09 64.09 64.09 64.09 64.09 64.09 64.09

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