Ashapuri Gold Ornament Ltd
₹ 6.19
0.16%
10 Oct
10:06 a.m.
About
Incorporated in 2008, Ashapuri Gold Ornament Ltd is in the business is manufacturing & trading of Gold Ornaments and articles of various designs[1]
Key Points
- Market Cap ₹ 206 Cr.
- Current Price ₹ 6.19
- High / Low ₹ 10.9 / 5.87
- Stock P/E 16.4
- Book Value ₹ 4.40
- Dividend Yield 0.00 %
- ROCE 13.8 %
- ROE 10.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 91.3% CAGR over last 5 years
- Debtor days have improved from 42.1 to 25.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.21% over last 3 years.
- Promoter holding has decreased over last 3 years: -14.1%
* 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
60 | 88 | 56 | 37 | 47 | 88 | 121 | 118 | 164 | 158 | 165 | 317 | 325 | |
59 | 87 | 55 | 37 | 46 | 87 | 120 | 114 | 159 | 154 | 155 | 300 | 308 | |
Operating Profit | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 4 | 5 | 4 | 10 | 17 | 17 |
OPM % | 1% | 1% | 1% | 1% | 1% | 1% | 0% | 3% | 3% | 2% | 6% | 5% | 5% |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 2 | 0 | 1 | |
Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 4 | 2 | 10 | 16 | 18 |
Tax % | 29% | 36% | 30% | 20% | 27% | 25% | 27% | 25% | 25% | 25% | 25% | 25% | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 2 | 8 | 12 | 13 | |
EPS in Rs | 1.20 | 0.70 | 0.60 | 0.40 | 0.70 | 0.01 | 0.02 | 0.08 | 0.09 | 0.05 | 0.23 | 0.36 | 0.38 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 21% |
3 Years: | 25% |
TTM: | 72% |
Compounded Profit Growth | |
---|---|
10 Years: | 67% |
5 Years: | 91% |
3 Years: | 58% |
TTM: | 27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | -6% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 10% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.06 | 0.06 | 0.06 | 0.10 | 0.10 | 21 | 21 | 25 | 25 | 25 | 25 | 33 |
Reserves | 6 | 6 | 6 | 6 | 6 | 24 | 24 | 53 | 56 | 58 | 65 | 113 |
5 | 6 | 8 | 6 | 5 | 0 | 0 | 0 | 4 | 7 | 2 | 1 | |
0 | 2 | 2 | 3 | 3 | 1 | 3 | 2 | 2 | 1 | 4 | 6 | |
Total Liabilities | 12 | 15 | 17 | 16 | 15 | 47 | 48 | 80 | 87 | 91 | 95 | 153 |
0 | 0 | 0 | 0 | 1 | 3 | 3 | 8 | 8 | 8 | 6 | 6 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 1 | 1 | 2 | 8 |
11 | 15 | 17 | 15 | 14 | 42 | 42 | 72 | 78 | 82 | 88 | 140 | |
Total Assets | 12 | 15 | 17 | 16 | 15 | 47 | 48 | 80 | 87 | 91 | 95 | 153 |
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 | -1 | 2 | 2 | 0 | -1 | -25 | -5 | -2 | 5 | -36 | ||
-0 | -0 | 0 | -1 | 0 | -2 | -4 | -2 | -0 | 1 | -9 | ||
0 | 1 | -3 | -1 | 0 | -0 | 30 | 4 | 2 | -6 | 45 | ||
Net Cash Flow | 0 | 0 | -0 | -0 | 0 | -3 | 1 | -3 | -0 | -0 | 0 |
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 | 9 | 13 | 1 | 8 | 15 | 31 | 32 | 46 | 35 | 66 | 25 |
Inventory Days | 68 | 52 | 101 | 158 | 103 | 95 | 89 | 124 | 126 | 157 | 135 | 137 |
Days Payable | 1 | 6 | 15 | 33 | 23 | 5 | 3 | 0 | 0 | 1 | 0 | 1 |
Cash Conversion Cycle | 72 | 55 | 99 | 126 | 88 | 104 | 118 | 155 | 172 | 192 | 200 | 161 |
Working Capital Days | 37 | 25 | 40 | 62 | 46 | 141 | 110 | 200 | 155 | 168 | 180 | 150 |
ROCE % | 7% | 7% | 4% | 3% | 5% | 3% | 1% | 5% | 5% | 3% | 11% | 14% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 1d
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1 Oct - Six analyst/investor Zoom meetings on 30 Sep 2025; no UPSI disclosed.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
29 Sep - AGM 29 Sep 2025: financials presentation, director retirement, proposed NSE Main Board direct listing.
-
Closure of Trading Window
27 Sep - Trading window closed from 1 Oct 2025 until 48 hours after Q2/HY results for 30 Sep 2025.
Annual reports
Concalls
-
Aug 2025Transcript PPT
-
May 2025TranscriptPPT
Business Overview:[1][2]
AGOL manufactures antique jewellery and trades in Gold Jewellery of various designs. It was engaged in wholesale trading of Jewellery till March 2019. These jewelleries were manufactured on Job-work basis in Ahmedabad and Rajkot. The design of products is done either in house or by third parties, and manufactured on job work basis. Company has a showroom of 2945 sq. feet at C.G. Road, Ahmedabad.