Ashapura Logistics Ltd
Incorporated in 2002, Ashapura Logistics Limited is an Indian logistics company.[1]
- Market Cap ₹ 89.5 Cr.
- Current Price ₹ 66.0
- High / Low ₹ 92.6 / 50.0
- Stock P/E 8.21
- Book Value ₹ 86.1
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 8.57 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.77 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.0% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 170 days.
- Working capital days have increased from 72.9 days to 105 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
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Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 137 | 148 | 172 | 145 | 176 | 237 | |
| 123 | 135 | 158 | 130 | 159 | 212 | |
| Operating Profit | 14 | 13 | 14 | 15 | 16 | 25 |
| OPM % | 10% | 9% | 8% | 10% | 9% | 11% |
| 0 | 0 | 0 | 1 | 2 | 2 | |
| Interest | 2 | 4 | 3 | 3 | 4 | 5 |
| Depreciation | 2 | 1 | 2 | 3 | 5 | 7 |
| Profit before tax | 10 | 8 | 10 | 10 | 10 | 15 |
| Tax % | 25% | 25% | 25% | 26% | 26% | |
| 7 | 6 | 7 | 7 | 7 | 11 | |
| EPS in Rs | 7.12 | 5.17 | 8.04 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| TTM: | 110% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 13% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.37 | 0.37 | 0.37 | 10 | 14 | 14 |
| Reserves | 26 | 32 | 40 | 42 | 98 | 103 |
| 26 | 32 | 29 | 40 | 61 | 74 | |
| 27 | 22 | 15 | 12 | 13 | 25 | |
| Total Liabilities | 80 | 86 | 84 | 104 | 186 | 215 |
| 10 | 11 | 11 | 17 | 42 | 47 | |
| CWIP | 0 | 0 | 0 | 0 | 6 | 15 |
| Investments | 4 | 3 | 4 | 4 | 9 | 5 |
| 66 | 72 | 69 | 83 | 129 | 148 | |
| Total Assets | 80 | 86 | 84 | 104 | 186 | 215 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 10 | 1 | 10 | 2 | -24 | |
| -0 | -2 | -3 | -8 | -47 | |
| -10 | 1 | -7 | 10 | 68 | |
| Net Cash Flow | -1 | 0 | 0 | 4 | -3 |
| Free Cash Flow | 9 | -1 | 8 | -6 | -60 |
| CFO/OP | 70% | 22% | 90% | 33% | -141% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 149 | 121 | 111 | 148 | 170 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 149 | 121 | 111 | 148 | 170 |
| Working Capital Days | 43 | 48 | 47 | 67 | 105 |
| ROCE % | 20% | 19% | 16% | 10% |
Insights
In beta| Mar 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Number of Branch Offices Number |
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| Number of Warehouses Number |
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| Total Owned Commercial Trucks Number |
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| Number of Active Customers Number |
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| Order Fulfillment Accuracy % |
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| Total Permanent Employees Number |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 April 2026 - Submitted Regulation 74(5) certificate for quarter and year ended March 31, 2026.
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General Updates
2 April 2026 - Board approved up to ₹2.025 crore investment in Synergy Cargo Logistics; agreements to be executed by May 2, 2026.
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Outcome of Board Meeting
2 April 2026 - Board approved up to ₹2.02 crore investment in Synergy Cargo Logistics; agreements to be executed by May 2, 2026.
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Trading Window
25 March 2026 - Trading window closed from 1 April 2026 until 48 hours after audited results for year/half year ended 31 Mar 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 January 2026 - Certificate confirming securities dematerialisation details filed for quarter ended 31 December 2025.
Business Service[1]
A) Handling cargo and forwarding freight
B) Transportation, including project logistics and third-party logistics ("3PL")
C) Warehousing and distribution