Ashima Ltd

Ashima Ltd

₹ 37.5 -1.68%
05 Dec 3:16 p.m.
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 719 Cr.
  • Current Price 37.5
  • High / Low 51.9 / 15.6
  • Stock P/E 10.4
  • Book Value 16.0
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 130% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of -23.2% over past five years.
  • Earnings include an other income of Rs.29.0 Cr.
  • Company has high debtors of 198 days.
  • Working capital days have increased from 389 days to 653 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

Sector: Textiles Industry: Textiles - Cotton/Blended

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2023 Sep 2023 Mar 2024 Jun 2024 Sep 2024
8 36 49 38 27 55 68 59 53 3 146 8 5
15 40 53 38 35 55 69 65 54 0 83 2 2
Operating Profit -7 -4 -5 0 -8 -0 -0 -6 -0 3 63 6 3
OPM % -79% -12% -10% 1% -31% -1% -1% -11% -1% 96% 43% 73% 64%
2 2 5 2 1 2 -0 37 0 -4 1 -3 -13
Interest 0 1 1 1 1 1 1 1 0 1 2 2 2
Depreciation 1 1 1 1 1 1 1 1 1 0 1 0 0
Profit before tax -6 -4 -2 1 -9 -0 -2 29 -2 -1 61 1 -12
Tax % 0% 0% 0% 17% 0% 0% 0% 0% 0% 0% -57% 0% 0%
-6 -4 -2 1 -9 -0 -2 29 -2 -1 96 1 -12
EPS in Rs -0.48 -0.21 -0.11 0.04 -0.48 -0.02 -0.10 1.53 -0.08 -0.07 5.00 0.06 -0.62
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 15m Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024
449 236 223 208 225 259 336 285 104 207 90
420 231 229 208 222 249 339 289 121 222 18
Operating Profit 28 5 -6 -0 3 10 -4 -4 -17 -15 72
OPM % 6% 2% -3% -0% 1% 4% -1% -1% -16% -7% 80%
-41 -12 -21 -10 -32 -1 50 8 11 38 29
Interest 26 3 2 4 1 1 8 2 2 2 4
Depreciation 20 15 15 14 14 13 6 5 3 3 1
Profit before tax -59 -26 -44 -28 -44 -5 33 -3 -11 18 96
Tax % 1% 1% 0% 1% 0% 0% 0% 0% 2% 0% 0%
-59 -26 -44 -28 -44 -5 33 -3 -11 18 96
EPS in Rs -5.20 -2.27 -3.92 -2.49 -3.85 -0.46 2.54 -0.26 -0.60 0.93 5.03
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -23%
3 Years: -5%
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: 130%
3 Years: 101%
TTM: %
Stock Price CAGR
10 Years: 19%
5 Years: 42%
3 Years: 32%
1 Year: 135%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 Mar 2024 Sep 2024
Equity Capital 33 33 33 33 33 33 93 53 192 192 192 192
Reserves -210 -239 -265 -293 -305 -272 132 29 18 35 125 114
591 588 528 531 528 491 28 25 23 18 124 124
40 37 38 33 29 29 66 189 37 73 103 97
Total Liabilities 454 420 335 304 286 282 319 296 269 318 544 527
311 284 250 228 213 199 137 139 134 117 131 67
CWIP 0 0 0 0 0 0 0 1 1 8 7 0
Investments 4 4 4 0 0 0 13 15 3 13 31 35
139 132 81 76 73 83 169 142 131 180 375 425
Total Assets 454 420 335 304 286 282 319 296 269 318 544 527

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 Mar 2024
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 Mar 2024
Debtor Days 14 22 23 32 33 25 27 21 50 39 198
Inventory Days 76 154 137 130 113 133 157 142 246 246 7,521
Days Payable 36 69 77 68 54 44 116 104 172 153 1,733
Cash Conversion Cycle 54 107 83 94 92 114 68 58 124 133 5,987
Working Capital Days 71 129 48 59 54 65 78 80 110 126 653
ROCE % -2% -5% -5% -3% -1% -2% -5% -7%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 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% 0.00% 0.00% 0.03% 0.03% 0.03% 0.10% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.13%
26.19% 26.19% 26.19% 26.20% 26.21% 26.52% 26.51% 26.48% 26.49% 26.48% 26.34% 26.39%
No. of Shareholders 22,12824,85325,11025,33624,97624,42924,13924,82826,56233,32440,43546,513

* 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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