Ashima Ltd

Ashima Ltd

₹ 38.0 2.35%
24 Jun - close price
About

Incorporated in 1982, Ashima Ltd is in the business of Textiles, Real Estate and Treasury business[1]

Key Points

Busienss Overview:[1][2][3]
AL manufactures Denim fabrics and readymade garments and processes textile fabrics including Interlining fabrics and garment washing activities (laundry). It owns the entire value chain from yarn to fabric to garments. AL has a design studio, which caters to requirements of their high end customers. Company is also present in segments like Real Estate and Treasury (Investment)

  • Market Cap 728 Cr.
  • Current Price 38.0
  • High / Low 39.8 / 12.0
  • Stock P/E
  • Book Value 11.8
  • Dividend Yield 0.00 %
  • ROCE -6.58 %
  • ROE -8.25 %
  • Face Value 10.0

Pros

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

Cons

  • Stock is trading at 3.22 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -6.87% 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

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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%
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%
-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: 19%
5 Years: 30%
3 Years: 25%
1 Year: 154%
Return on Equity
10 Years: %
5 Years: %
3 Years: -7%
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
Equity Capital 33 33 33 33 33 33 93 53 192 192
Reserves -210 -239 -265 -293 -305 -272 132 29 18 35
Preference Capital 20 20 20 20 20 20 6 6 7 7
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% -5% -7%

Shareholding Pattern

Numbers in percentages

10 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.49% 73.49% 73.49% 73.49% 73.49% 73.49% 73.49% 73.49% 73.49% 73.49% 73.49% 73.49%
0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.00% 0.00% 0.03% 0.03% 0.03%
26.19% 26.19% 26.19% 26.19% 26.19% 26.20% 26.21% 26.52% 26.51% 26.48% 26.49% 26.48%
No. of Shareholders 21,00620,74222,12824,85325,11025,33624,97624,42924,13924,82826,56233,324

* 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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