ASL Industries Ltd
₹ 119
1.98%
24 Dec
- close price
About
Incorporated in 1992, ASL Industries Ltd manufactures and trades Automobiles parts, Parts of Railway or tramway and other related services including Jobwork[1]
Key Points
- Market Cap ₹ 124 Cr.
- Current Price ₹ 119
- High / Low ₹ 119 / 29.0
- Stock P/E 537
- Book Value ₹ 33.9
- Dividend Yield 0.00 %
- ROCE 0.26 %
- ROE 0.26 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 3.50 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.00% over last 3 years.
* 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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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31.25 | 44.74 | 55.66 | 56.45 | 70.76 | 67.27 | 13.42 | 10.46 | 8.15 | -0.02 | -0.19 | 0.00 | 0.00 | |
| 29.85 | 41.35 | 50.06 | 48.54 | 67.85 | 65.38 | 14.29 | 12.10 | 8.74 | 0.41 | 0.57 | 0.27 | 0.13 | |
| Operating Profit | 1.40 | 3.39 | 5.60 | 7.91 | 2.91 | 1.89 | -0.87 | -1.64 | -0.59 | -0.43 | -0.76 | -0.27 | -0.13 |
| OPM % | 4.48% | 7.58% | 10.06% | 14.01% | 4.11% | 2.81% | -6.48% | -15.68% | -7.24% | ||||
| 0.14 | 0.24 | 0.29 | 0.21 | 0.46 | 0.16 | 5.21 | 2.84 | 2.55 | 2.61 | 1.25 | 0.36 | 0.34 | |
| Interest | 1.48 | 1.79 | 2.37 | 3.73 | 3.16 | 2.96 | 1.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.17 | 1.75 | 2.92 | 3.40 | 3.43 | 3.83 | 0.35 | 0.22 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Profit before tax | -1.11 | 0.09 | 0.60 | 0.99 | -3.22 | -4.74 | 2.44 | 0.98 | 1.95 | 2.17 | 0.48 | 0.09 | 0.21 |
| Tax % | -27.93% | 111.11% | 20.00% | 49.49% | -31.06% | -28.27% | 11.89% | 60.20% | 22.56% | 25.35% | 25.00% | 11.11% | |
| -0.79 | 0.00 | 0.48 | 0.49 | -2.22 | -3.40 | 2.15 | 0.39 | 1.51 | 1.63 | 0.36 | 0.09 | 0.23 | |
| EPS in Rs | -19.58 | 0.00 | 6.30 | 0.64 | -2.13 | -3.26 | 2.06 | 0.37 | 1.45 | 1.56 | 0.35 | 0.09 | 0.22 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -61% |
| TTM: | 667% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 71% |
| 1 Year: | 281% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.04 | 7.62 | 7.62 | 7.62 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 |
| Reserves | 9.11 | 17.58 | 17.98 | 18.48 | 23.26 | 19.75 | 21.23 | 21.16 | 22.67 | 24.31 | 24.61 | 24.62 | 24.88 |
| 12.04 | 21.36 | 31.04 | 33.09 | 28.42 | 26.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 5.11 | 9.67 | 10.05 | 12.10 | 13.45 | 7.11 | 4.55 | 0.44 | 0.06 | 0.37 | -0.04 | 0.10 | 0.10 | |
| Total Liabilities | 30.30 | 56.23 | 66.69 | 71.29 | 75.55 | 63.30 | 36.20 | 32.02 | 33.15 | 35.10 | 34.99 | 35.14 | 35.40 |
| 17.52 | 32.98 | 37.87 | 37.59 | 37.93 | 40.49 | 2.73 | 0.03 | 0.03 | 0.02 | 0.02 | 0.00 | 0.00 | |
| CWIP | 0.15 | 1.66 | 2.10 | 5.40 | 5.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.00 | 0.00 |
| 12.59 | 21.55 | 26.68 | 28.26 | 31.91 | 22.77 | 33.43 | 31.95 | 33.08 | 35.04 | 34.93 | 35.14 | 35.40 | |
| Total Assets | 30.30 | 56.23 | 66.69 | 71.29 | 75.55 | 63.30 | 36.20 | 32.02 | 33.15 | 35.10 | 34.99 | 35.14 | 35.40 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.16 | -4.26 | 0.26 | 13.15 | -2.42 | 4.62 | -17.24 | -4.25 | -0.69 | 0.36 | -0.30 | -0.02 | |
| -0.45 | -18.84 | -5.49 | -6.44 | -3.76 | -0.85 | 42.89 | 4.13 | 0.02 | 0.00 | 0.00 | 0.06 | |
| -6.10 | 23.54 | 5.88 | -7.24 | 5.98 | -4.23 | -24.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | -2.39 | 0.44 | 0.65 | -0.54 | -0.20 | -0.46 | 0.68 | -0.12 | -0.67 | 0.36 | -0.30 | 0.04 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11.68 | 31.74 | 35.15 | 36.14 | 39.41 | 26.53 | 97.64 | 130.86 | 4.03 | -547.50 | -38.42 | |
| Inventory Days | 136.30 | 131.67 | 178.21 | 213.35 | 172.40 | 116.14 | 281.74 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Days Payable | 46.50 | 24.50 | 76.33 | 107.36 | 90.32 | 43.38 | 12.20 | |||||
| Cash Conversion Cycle | 101.48 | 138.91 | 137.03 | 142.13 | 121.49 | 99.29 | 367.17 | 130.86 | 4.03 | -547.50 | -38.42 | |
| Working Capital Days | 72.53 | -27.33 | -5.77 | -32.46 | -2.48 | -23.39 | 715.04 | 1,062.20 | 1,465.82 | 621,777.50 | 66,756.58 | |
| ROCE % | 1.40% | 5.24% | 6.01% | 8.20% | -0.35% | -2.89% | -0.75% | -0.09% | 6.03% | 6.40% | 1.38% | 0.26% |
Documents
Announcements
-
Resignation
3 December 2025 - Ankita Bahety resigned effective 02-Dec-2025; Mansi Vora appointed CS & Compliance Officer effective 03-Dec-2025.
-
Appointment
3 December 2025 - Resignation of CS Ankita Bahety effective Dec 2, 2025; Mansi Vora appointed CS effective Dec 3, 2025.
-
Outcome of Board Meeting
3 December 2025 - Ankita Bahety resigned effective 02-Dec-2025; Mansi Vora appointed CS and Compliance Officer from 03-Dec-2025 (ICSI A77358).
-
General Updates
1 December 2025 - Order dated 28 Nov 2025 approves ASL Industries' registered office shift from West Bengal to Maharashtra.
-
Outcome of Board Meeting
14 November 2025 - Unaudited H1 ended 30 Sep 2025: PAT 25,589.38 (hundreds), total assets 3,539,916.09 (hundreds).
Business Overview:[1][2]
Company deals in iron and steel, sheet metal components, forged components, and assemblies and is an authorized sales and service dealer for TML. It is an OEM of sheet metal Pressing & Deep drawing, Machined Assemblies Fabricated Auto Component and forge Products for Railways, Defence, and Automobiles. Company provides one stop solution from metal forming to assembly under one roof along with logistics and just-in-time solutions