Ashima Ltd

₹ 15.4 -5.21%
27 Jan - close price
About

Ashima Limited is engaged in the manufacture of 100% cotton Yarn Dyed Shirting fabrics, Denim fabrics and readymade garments as well as processing of textile fabrics. [1]

Key Points

Product Portfolio
Denim Division: basic denims, ring/slub denims, pigment/discharged print, polyester denim
Spinfab Division: 100% cotton yarn dyed shirting fabrics like stripes, twills, oxford, indigo checks, satin among others
Dyecot Division: basic twills, canvas, satin,etc., various types of dobby structures with value-added properties-chemical/mechanical/functional finishes.
Garment Division: shirts and trousers-casual and formal, over-dyed garments etc. [1][2][3]

  • Market Cap 296 Cr.
  • Current Price 15.4
  • High / Low 21.3 / 10.4
  • Stock P/E
  • Book Value 11.8
  • Dividend Yield 0.00 %
  • ROCE -6.58 %
  • ROE -8.00 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -5.27% over last 3 years.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
80 80 65 83 57 8 36 49 38 27 55 68 59
84 80 67 81 61 15 40 53 38 35 55 69 65
Operating Profit -4 -1 -2 3 -4 -7 -4 -5 0 -8 -0 -0 -6
OPM % -5% -1% -4% 3% -6% -79% -12% -10% 1% -31% -1% -1% -11%
10 1 1 1 5 2 2 5 2 1 2 -0 37
Interest 2 -1 1 1 1 0 1 1 1 1 1 1 1
Depreciation 1 2 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 2 -0 -3 1 -1 -6 -4 -2 1 -9 -0 -2 29
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 17% 0% 0% 0% 0%
Net Profit 2 -0 -3 1 -1 -6 -4 -2 1 -9 -0 -2 29
EPS in Rs 0.17 -0.03 -0.25 0.10 -0.09 -0.48 -0.21 -0.11 0.04 -0.48 -0.02 -0.10 1.53
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022
449 236 223 208 225 259 336 285 104 207
420 231 229 208 222 249 339 289 121 222
Operating Profit 28 5 -6 -0 3 10 -4 -4 -17 -15
OPM % 6% 2% -3% -0% 1% 4% -1% -1% -16% -7%
-41 -12 -21 -10 -32 -1 50 8 11 38
Interest 26 3 2 4 1 1 8 2 2 2
Depreciation 20 15 15 14 14 13 6 5 3 3
Profit before tax -59 -26 -44 -28 -44 -5 33 -3 -11 18
Tax % -1% -1% -0% -1% -0% 0% 0% 0% -2% 0%
Net Profit -59 -26 -44 -28 -44 -5 33 -3 -11 18
EPS in Rs -5.20 -2.27 -3.92 -2.49 -3.85 -0.46 2.54 -0.26 -0.60 0.93
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -15%
TTM: 100%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -59%
Stock Price CAGR
10 Years: 18%
5 Years: -13%
3 Years: 25%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: %
3 Years: -5%
Last Year: -8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022
54 54 54 54 54 54 99 198 198 199
Reserves -210 -239 -265 -293 -305 -272 132 29 18 35
570 568 508 510 508 471 23 19 16 11
61 58 59 53 50 50 71 195 44 80
Total Liabilities 454 420 335 304 286 282 319 296 269 318
311 284 250 228 213 199 137 139 134 117
CWIP 0 0 0 0 0 0 0 1 1 8
Investments 4 4 4 0 0 0 13 15 3 13
139 132 81 76 73 83 169 142 131 180
Total Assets 454 420 335 304 286 282 319 296 269 318

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022
35 6 5 -3 6 -2 -26 4 -8 -26
-2 -5 -2 2 0 1 55 13 -7 37
-40 -3 -2 -1 -3 -0 -24 -20 13 -6
Net Cash Flow -7 -2 1 -2 3 -2 6 -2 -2 6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 14 22 23 32 33 25 27 21 50 39
Inventory Days 76 154 137 130 113 133 157 142 246 246
Days Payable 36 69 77 68 54 44 116 104 172 153
Cash Conversion Cycle 54 107 83 94 92 114 68 58 124 133
Working Capital Days 71 129 48 59 54 65 78 80 110 126
ROCE % -2% -5% -5% -3% -1% -2% -4% -7%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
60.92 60.92 60.92 73.49 73.49 73.49 73.49 73.49 73.49 73.49 73.49 73.49
0.00 0.00 0.00 0.32 0.32 0.32 0.32 0.32 0.32 0.32 0.32 0.32
0.02 0.02 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
39.06 39.06 39.06 26.18 26.19 26.19 26.19 26.19 26.19 26.19 26.20 26.21

* 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.

Click on the line-items to see the names of individual entities.

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