Ashapura Logistics Ltd
Incorporated in 2002, Ashapura Logistics Limited is an Indian logistics company.[1]
- Market Cap ₹ 94.3 Cr.
- Current Price ₹ 69.6
- High / Low ₹ 103 / 60.0
- Stock P/E 7.25
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 13.9 %
- ROE 12.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.69 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 124 to 149 days.
- Working capital days have increased from 66.0 days to 102 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
Services Services Transport Services Logistics Solution Provider
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 227 | 222 | 199 | 231 | 303 | |
| 206 | 199 | 172 | 205 | 272 | |
| Operating Profit | 21 | 22 | 27 | 26 | 31 |
| OPM % | 9% | 10% | 13% | 11% | 10% |
| 0 | 1 | 0 | 2 | 2 | |
| Interest | 6 | 4 | 4 | 4 | 5 |
| Depreciation | 6 | 7 | 7 | 7 | 10 |
| Profit before tax | 10 | 13 | 17 | 17 | 18 |
| Tax % | 23% | 25% | 26% | 26% | |
| 8 | 9 | 12 | 12 | 13 | |
| EPS in Rs | 12.49 | 9.07 | 9.60 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.37 | 0.37 | 10 | 14 | 14 |
| Reserves | 38 | 48 | 55 | 117 | 124 |
| 43 | 35 | 41 | 62 | 74 | |
| 34 | 22 | 20 | 21 | 32 | |
| Total Liabilities | 116 | 105 | 126 | 213 | 243 |
| 32 | 29 | 32 | 57 | 61 | |
| CWIP | 0 | 0 | 0 | 6 | 15 |
| Investments | 0 | 0 | 0 | 5 | 0 |
| 83 | 76 | 94 | 146 | 167 | |
| Total Assets | 116 | 105 | 126 | 213 | 243 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 21 | 16 | 6 | -21 | |
| -7 | -4 | -10 | -50 | |
| -15 | -11 | 8 | 69 | |
| Net Cash Flow | -0 | 1 | 4 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 105 | 92 | 130 | 149 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 105 | 92 | 130 | 149 |
| Working Capital Days | 22 | 33 | 63 | 102 |
| ROCE % | 20% | 21% | 14% |
Documents
Announcements
-
Appointment
14 November 2025 - Appointed M/s. GBP & Associates as internal auditors for FY2025-26 on Nov 14, 2025.
-
Change in Auditors
14 November 2025 - Internal auditor M/s SSBK & Co. resigned effective 14 November 2025.
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Statement of deviation(s) or variation(s) under Reg. 32
14 November 2025 - No deviation in IPO proceeds utilization; statement reviewed by Audit Committee for half-year ended Sep 30, 2025.
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Outcome of Board Meeting
14 November 2025 - Unaudited H1 FY26 consolidated revenue Rs16,549.76 lakh, PAT Rs726.50 lakh; internal auditor changed; results approved 14 Nov 2025.
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Outcome of Board Meeting
10 November 2025 - Appointed Ms. Riya Sanjay Prajapati as Company Secretary and Compliance Officer effective 10 November 2025.
Business Service[1]
A) Handling cargo and forwarding freight
B) Transportation, including project logistics and third-party logistics ("3PL")
C) Warehousing and distribution