Asahi Songwon Colors Ltd

Asahi Songwon Colors Ltd

₹ 244 -1.24%
29 Sep 10:21 a.m.
About

Incorporated in 1990, Asahi Songwon Colors Limited is engaged in manufacturing & export of color pigments and its derivatives [1]

Key Points

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]

  • Market Cap 287 Cr.
  • Current Price 244
  • High / Low 334 / 171
  • Stock P/E
  • Book Value 185
  • Dividend Yield 0.20 %
  • 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.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
57.82 62.28 72.50 90.48 96.96 94.87 100.07 123.48 163.11 127.52 94.08 123.78 102.79
46.98 50.33 59.31 76.95 86.67 84.52 92.15 115.36 151.34 120.02 96.17 132.27 103.68
Operating Profit 10.84 11.95 13.19 13.53 10.29 10.35 7.92 8.12 11.77 7.50 -2.09 -8.49 -0.89
OPM % 18.75% 19.19% 18.19% 14.95% 10.61% 10.91% 7.91% 6.58% 7.22% 5.88% -2.22% -6.86% -0.87%
3.95 0.99 0.96 -1.13 0.03 0.13 0.23 0.50 0.19 -0.02 0.15 2.14 0.65
Interest 0.47 0.43 0.40 0.64 0.88 1.13 1.31 1.41 2.80 3.51 3.82 3.89 3.17
Depreciation 2.07 2.15 2.15 2.32 2.97 3.00 3.01 2.98 3.63 3.67 3.73 3.83 3.82
Profit before tax 12.25 10.36 11.60 9.44 6.47 6.35 3.83 4.23 5.53 0.30 -9.49 -14.07 -7.23
Tax % 22.20% 25.39% 26.47% 34.85% 29.68% 28.50% 40.73% 22.46% 42.50% 430.00% 5.37% 17.06% 19.09%
9.53 7.74 8.53 6.15 4.55 4.54 2.27 3.28 3.18 -0.99 -8.98 -11.68 -5.85
EPS in Rs 7.92 6.44 7.09 5.34 4.71 4.73 2.76 3.88 3.96 1.01 -6.24 -8.69 -3.95
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
294 284 283 415 505 448
253 249 233 379 499 452
Operating Profit 40 34 50 37 5 -4
OPM % 14% 12% 18% 9% 1% -1%
-1 1 4 1 6 3
Interest 5 4 2 5 14 14
Depreciation 8 8 9 12 15 15
Profit before tax 26 23 44 21 -18 -30
Tax % 30% 2% 27% 30% -4%
18 23 32 15 -18 -28
EPS in Rs 14.88 18.98 26.78 16.10 -9.88 -17.87
Dividend Payout % 20% 16% 13% 3% -5%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 21%
TTM: -7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -275%
Stock Price CAGR
10 Years: 16%
5 Years: 0%
3 Years: 5%
1 Year: -17%
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
12 12 12 12 12
Reserves 181 189 215 230 207
62 22 50 87 180
54 55 112 138 148
Total Liabilities 309 278 389 468 547
150 129 213 235 275
CWIP 1 11 9 0 25
Investments 14 13 2 1 1
143 125 166 231 245
Total Assets 309 278 389 468 547

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 82
Days Payable 66 51 98 104 78
Cash Conversion Cycle 134 82 117 126 82
Working Capital Days 126 104 145 126 101
ROCE % 11% 15% 7% -1%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
66.58% 64.59% 66.64% 66.64% 66.64% 66.64% 66.64% 66.64% 66.73% 66.73% 66.73% 66.73%
0.24% 0.24% 0.24% 0.24% 0.24% 0.33% 0.33% 0.29% 0.33% 0.01% 0.02% 0.00%
33.17% 35.17% 33.12% 33.12% 33.12% 33.04% 33.04% 33.08% 32.95% 33.26% 33.25% 33.28%
No. of Shareholders 8,0068,0887,28610,45512,43013,08713,40624,02514,10513,86411,07110,353

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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