Astron Multigrain Ltd
- Market Cap ₹ 14.6 Cr.
- Current Price ₹ 17.0
- High / Low ₹ 50.4 / 14.1
- Stock P/E 4.36
- Book Value ₹ 31.5
- Dividend Yield 0.00 %
- ROCE 21.2 %
- ROE 17.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.54 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 86.8 to 127 days.
- Working capital days have increased from 65.4 days to 112 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.
Peer comparison
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Packaged Foods
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 10.15 | 12.36 | 19.49 | 25.90 | 33.91 | 48.40 | |
| 9.21 | 11.24 | 16.88 | 22.79 | 29.83 | 43.19 | |
| Operating Profit | 0.94 | 1.12 | 2.61 | 3.11 | 4.08 | 5.21 |
| OPM % | 9.26% | 9.06% | 13.39% | 12.01% | 12.03% | 10.76% |
| -0.39 | 0.01 | 0.01 | 0.61 | 0.01 | 0.20 | |
| Interest | 0.35 | 0.42 | 0.62 | 0.61 | 0.44 | 0.18 |
| Depreciation | 0.34 | 0.45 | 0.48 | 0.55 | 0.55 | 0.62 |
| Profit before tax | -0.14 | 0.26 | 1.52 | 2.56 | 3.10 | 4.61 |
| Tax % | 57.14% | 61.54% | 18.42% | 22.66% | 25.16% | 25.16% |
| -0.22 | 0.10 | 1.24 | 1.98 | 2.32 | 3.45 | |
| EPS in Rs | -1.26 | 0.38 | 4.68 | 3.16 | 3.71 | 4.01 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 35% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 144% |
| 3 Years: | 39% |
| TTM: | 44% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 22% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.75 | 2.65 | 2.65 | 6.26 | 6.26 | 8.60 |
| Reserves | -0.21 | -0.11 | 1.17 | 1.94 | 4.28 | 18.49 |
| 6.09 | 5.92 | 6.70 | 5.02 | 4.33 | 2.45 | |
| 1.80 | 4.90 | 4.31 | 4.50 | 6.93 | 7.11 | |
| Total Liabilities | 9.43 | 13.36 | 14.83 | 17.72 | 21.80 | 36.65 |
| 6.57 | 6.17 | 6.95 | 7.09 | 6.57 | 9.60 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| 2.86 | 7.19 | 7.88 | 10.63 | 15.23 | 27.05 | |
| Total Assets | 9.43 | 13.36 | 14.83 | 17.72 | 21.80 | 36.65 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0.83 | -0.13 | 2.74 | 0.69 | 0.88 | -7.39 | |
| -1.89 | -0.04 | -1.25 | -0.68 | -0.02 | -3.52 | |
| 1.19 | 0.35 | -1.18 | -0.00 | -1.17 | 11.07 | |
| Net Cash Flow | 0.13 | 0.18 | 0.30 | 0.01 | -0.31 | 0.16 |
| Free Cash Flow | -1.07 | -0.18 | 1.48 | -0.00 | 0.85 | -10.96 |
| CFO/OP | 88% | -12% | 105% | 23% | 22% | -141% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 13.67 | 51.38 | 20.97 | 52.57 | 80.41 | 127.37 |
| Inventory Days | 94.81 | 170.78 | 139.14 | 104.41 | 90.33 | 49.03 |
| Days Payable | 42.14 | 155.14 | 75.37 | 53.17 | 63.53 | 38.29 |
| Cash Conversion Cycle | 66.33 | 67.02 | 84.75 | 103.81 | 107.21 | 138.12 |
| Working Capital Days | -40.28 | 4.13 | -1.50 | 33.54 | 51.02 | 111.76 |
| ROCE % | 8.45% | 22.55% | 26.71% | 25.20% | 21.21% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Reg. 34 (1) Annual Report.
- Annual General Meeting Scheduled To Be Held On September 25, 2026
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
- Astron Multigrain appointed Babubhai Patel & Associates as statutory auditor on 2 September 2026, subject to shareholder approval.
Business Overview:[1]
AML operates in the ready-to-eat/instant noodles segment of the Indian food processing industry. It is engaged
in the business of manufacturing instant noodles, both on a contract manufacturing basis for its institutional customers and under its own trade name “Astron’s Swagy”, and is
also engaged in the manufacture of papad.