Ashapura Logistics Ltd
Incorporated in 2002, Ashapura Logistics Limited is an Indian logistics company.[1]
- Market Cap ₹ 76.7 Cr.
- Current Price ₹ 56.6
- High / Low ₹ 92.6 / 50.0
- Stock P/E 11.8
- Book Value ₹ 87.1
- Dividend Yield 0.00 %
- ROCE 8.49 %
- ROE 5.64 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.65 times its book value
- Company's working capital requirements have reduced from 74.2 days to 50.5 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.46% 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
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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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 137 | 148 | 172 | 145 | 176 | 251 | |
| 123 | 135 | 158 | 130 | 159 | 229 | |
| Operating Profit | 14 | 13 | 14 | 15 | 16 | 23 |
| OPM % | 10% | 9% | 8% | 10% | 9% | 9% |
| 0 | 0 | 0 | 1 | 2 | 1 | |
| Interest | 2 | 4 | 3 | 3 | 4 | 6 |
| Depreciation | 2 | 1 | 2 | 3 | 5 | 8 |
| Profit before tax | 10 | 8 | 10 | 10 | 10 | 9 |
| Tax % | 25% | 25% | 25% | 26% | 26% | 29% |
| 7 | 6 | 7 | 7 | 7 | 6 | |
| EPS in Rs | 7.12 | 5.17 | 4.78 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 14% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | -4% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.37 | 0.37 | 0.37 | 10 | 14 | 14 |
| Reserves | 26 | 32 | 40 | 42 | 98 | 105 |
| 26 | 32 | 29 | 40 | 61 | 75 | |
| 27 | 22 | 15 | 12 | 13 | 28 | |
| Total Liabilities | 80 | 86 | 84 | 104 | 186 | 221 |
| 10 | 11 | 11 | 17 | 42 | 50 | |
| CWIP | 0 | 0 | 0 | 0 | 6 | 27 |
| Investments | 4 | 3 | 4 | 4 | 9 | 4 |
| 66 | 72 | 69 | 83 | 129 | 140 | |
| Total Assets | 80 | 86 | 84 | 104 | 186 | 221 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 10 | 1 | 10 | 2 | -24 | 20 | |
| -0 | -2 | -3 | -8 | -47 | -30 | |
| -10 | 1 | -7 | 10 | 68 | 10 | |
| Net Cash Flow | -1 | 0 | 0 | 4 | -3 | -1 |
| Free Cash Flow | 9 | -1 | 8 | -6 | -60 | -18 |
| CFO/OP | 70% | 22% | 90% | 33% | -141% | 96% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 149 | 121 | 111 | 148 | 170 | 123 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 149 | 121 | 111 | 148 | 170 | 123 |
| Working Capital Days | 43 | 48 | 47 | 67 | 105 | 50 |
| ROCE % | 20% | 19% | 16% | 10% | 8% |
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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Disclosure under SEBI Takeover Regulations
5 June 2026 - Promoters held 92,21,922 shares as of 31 March 2026; no encumbrance created during the year.
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Structural Digital Database
29 May 2026 - Submitted SDD compliance certificate for year ended March 31, 2026.
-
Outcome of Board Meeting
22 May 2026 - Board approved FY26 audited results and reappointed statutory, internal and secretarial auditors on 22 May 2026.
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Outcome of Board Meeting
22 May 2026 - Board approved FY26 audited results and reappointed statutory, internal and secretarial auditors.
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Change in Auditors
22 May 2026 - Board approved reappointment of statutory, internal and secretarial auditors for FY2026-27, subject to AGM approval.
Business Service[1]
A) Handling cargo and forwarding freight
B) Transportation, including project logistics and third-party logistics ("3PL")
C) Warehousing and distribution