Asahi Songwon Colors Ltd
Incorporated in 1990, Asahi Songwon Colors is one of the leading manufacturers of blue (Phthalocyanine) pigments for ink, plastics, paint, textile and paper industry with globally benchmarked manufacturing capabilities. The company has ventured into manufacturing of yellow, red and orange (AZO) pigments and APIs.[1]
- Market Cap ₹ 383 Cr.
- Current Price ₹ 325
- High / Low ₹ 372 / 173
- Stock P/E
- Book Value ₹ 202
- Dividend Yield 0.15 %
- ROCE -0.92 %
- ROE -5.06 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.70% over last 3 years.
- Earnings include an other income of Rs.29.8 Cr.
* 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
Sector: Chemicals Industry: Dyes And Pigments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
294 | 284 | 283 | 411 | 505 | 424 | |
253 | 249 | 233 | 379 | 499 | 423 | |
Operating Profit | 40 | 34 | 50 | 32 | 5 | 1 |
OPM % | 14% | 12% | 18% | 8% | 1% | 0% |
-1 | 1 | 4 | 6 | 6 | 30 | |
Interest | 5 | 4 | 2 | 5 | 14 | 13 |
Depreciation | 8 | 8 | 9 | 12 | 15 | 16 |
Profit before tax | 26 | 23 | 44 | 21 | -18 | 3 |
Tax % | 30% | 2% | 27% | 30% | -4% | |
18 | 23 | 32 | 15 | -18 | 3 | |
EPS in Rs | 14.88 | 18.98 | 26.78 | 16.10 | -9.88 | 6.49 |
Dividend Payout % | 20% | 16% | 13% | 3% | -5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 21% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -748% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 15% |
3 Years: | 1% |
1 Year: | 49% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
Last Year: | -5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 181 | 189 | 215 | 230 | 207 | 226 |
62 | 22 | 50 | 87 | 180 | 154 | |
54 | 55 | 112 | 138 | 147 | 144 | |
Total Liabilities | 309 | 278 | 389 | 468 | 545 | 536 |
150 | 129 | 213 | 235 | 275 | 250 | |
CWIP | 1 | 11 | 9 | 0 | 25 | 61 |
Investments | 14 | 13 | 2 | 1 | 1 | 6 |
143 | 125 | 166 | 231 | 244 | 219 | |
Total Assets | 309 | 278 | 389 | 468 | 545 | 536 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
27 | 57 | 8 | -0 | 30 | |
-3 | -16 | -60 | -28 | -77 | |
-24 | -39 | 50 | 28 | 47 | |
Net Cash Flow | 0 | 2 | -2 | -0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 68 | 71 | 101 | 80 | 77 |
Inventory Days | 132 | 62 | 114 | 151 | 83 |
Days Payable | 66 | 51 | 98 | 104 | 79 |
Cash Conversion Cycle | 134 | 82 | 117 | 127 | 82 |
Working Capital Days | 126 | 104 | 145 | 128 | 101 |
ROCE % | 11% | 15% | 7% | -1% |
Documents
Announcements
- NON APPLICABILITY OF SEBI CIRCULAR - SEBI/HO/DDHS/CIR/P/2018/144 DTD. 26TH NOVEMBER, 2018 - FUND RAISING BY ISSUANCE OF DEBT SECURITIES BY LARGE ENTITIES 11 Apr
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 11 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 6 Apr
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Announcement under Regulation 30 (LODR)-Credit Rating
6 Apr - Asahi Songwon Colors Limited informed the exchange about review of credit rating on the banking facilities of the Company.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Concalls
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Oct 2023TranscriptPPT
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Jun 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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Jun 2021Transcript PPT
Product Portfolio
The product portfolio includes CPC Blue Crude, Pigment Alfa Blue 15:0 and 15:1, Pigment Beta Blue 15:3 &15.4 which serves Industries like Ink, Coating and paints, Plastic Textiles, Rubber, Paper & Pharmaceuticals.[1][2]