Ashapuri Gold Ornament Ltd
₹ 6.61
-0.75%
02 Jul
- close price
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 ₹ 220 Cr.
- Current Price ₹ 6.61
- High / Low ₹ 10.9 / 5.87
- Stock P/E 18.3
- 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 25.3 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.12% 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
60 | 88 | 56 | 37 | 47 | 88 | 121 | 118 | 164 | 158 | 165 | 316 | |
59 | 87 | 55 | 37 | 46 | 87 | 120 | 114 | 159 | 154 | 155 | 300 | |
Operating Profit | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 4 | 5 | 4 | 10 | 16 |
OPM % | 1% | 1% | 1% | 1% | 1% | 1% | 0% | 3% | 3% | 2% | 6% | 5% |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 2 | 1 | |
Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 4 | 2 | 10 | 16 |
Tax % | 29% | 36% | 30% | 20% | 27% | 25% | 27% | 25% | 25% | 25% | 26% | 25% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 2 | 7 | 12 | |
EPS in Rs | 1.20 | 0.70 | 0.60 | 0.40 | 0.70 | 0.01 | 0.02 | 0.08 | 0.09 | 0.05 | 0.22 | 0.36 |
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: | 92% |
Compounded Profit Growth | |
---|---|
10 Years: | 67% |
5 Years: | 91% |
3 Years: | 58% |
TTM: | 83% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 18% |
1 Year: | -8% |
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 | 67 | 51 | 93 | 118 | 83 | 141 | 110 | 200 | 165 | 184 | 184 | 151 |
ROCE % | 7% | 7% | 4% | 3% | 5% | 3% | 1% | 5% | 5% | 3% | 10% | 14% |
Documents
Announcements
-
Outcome Of Analysts/ Investor''s Meeting
1d - Ashapuri Gold held investor meetings on 30 June 2025; no UPSI shared; presentation covers company overview and financials.
-
Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025 till 48 hours post Q1 results announcement.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23 Jun - Scheduled virtual analyst meeting on June 30, 2025, no unpublished price-sensitive info.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 Jun - Outcome of investor meetings on 16 June 2025; no unpublished price sensitive info shared.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Jun - Scheduled virtual analyst meeting on 16 June 2025 at 2 PM, no price-sensitive info discussed.
Annual reports
Concalls
-
May 2025TranscriptPPT
Business Overview:[1][2]
AGOL is a manufacturer and supplier of antique jewellery and trading of Gold Jewellery of various designs. It was engaged in the business of wholesale trading of Jewellery till March 2019. These jewelleries were manufactured on Job-work basis at Ahmedabad and Rajkot. The design of products is done either in house or by third parties on company's behalf and they get the Jewelleries manufactured on job work basis. Company has a showroom of 2945 sq. feet at C.G. Road, Ahmedabad.