Ashima Ltd

₹ 14.7 5.29%

06 Jun 2:45 p.m.

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]

Website BSE NSE

Market Cap ₹ 282 Cr.
Current Price ₹ 14.7
High / Low ₹ 18.3 / 10.4
Stock P/E
Book Value ₹ 11.8
Dividend Yield 0.00 %
ROCE -6.58 %
ROE -8.00 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

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.

Peer comparison

Sector: Textiles Industry: Textiles - Cotton/Blended

Edit Columns

Loading peers table ...

Detailed Comparison with:

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:	21%
5 Years:	-10%
3 Years:	35%
1 Year:	12%

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

Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
60.92	60.92	73.49	73.49	73.49	73.49	73.49	73.49	73.49	73.49	73.49	73.49
0.00	0.00	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.00
0.02	0.02	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
39.06	39.06	26.18	26.19	26.19	26.19	26.19	26.19	26.19	26.20	26.21	26.52

Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
57.20	60.92	60.92	60.92	73.49	73.49	73.49
0.00	0.00	0.00	0.00	0.32	0.32	0.00
0.12	0.18	0.11	0.02	0.00	0.00	0.00
42.68	38.90	38.97	39.06	26.19	26.19	26.52

* 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.

Documents

Announcements

All

Annual reports

Right Issue

Concalls

May 2023

Transcript

Notes
PPT