ASL Industries Ltd
₹ 77.2
1.98%
24 Oct
- 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 ₹ 80.4 Cr.
- Current Price ₹ 77.2
- High / Low ₹ 77.2 / 29.0
- Stock P/E 894
- Book Value ₹ 33.6
- Dividend Yield 0.00 %
- ROCE 0.26 %
- ROE 0.26 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 66.3% over last quarter.
Cons
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31.25 | 44.74 | 55.66 | 56.45 | 70.76 | 67.27 | 13.42 | 10.46 | 8.15 | -0.02 | -0.19 | 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 | |
| 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 |
| 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 | |
| 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 |
| 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 |
| 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 |
| 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 | |
| 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 |
| 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: | -75% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 62% |
| 3 Years: | 45% |
| 1 Year: | 102% |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 12.04 | 21.36 | 31.04 | 33.09 | 28.42 | 26.02 | 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 | |
| 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 |
| 17.52 | 32.98 | 37.87 | 37.59 | 37.93 | 40.49 | 2.73 | 0.03 | 0.03 | 0.02 | 0.02 | 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 |
| 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 |
| 12.59 | 21.55 | 26.68 | 28.26 | 31.91 | 22.77 | 33.43 | 31.95 | 33.08 | 35.04 | 34.93 | 35.14 | |
| 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 |
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
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
24 October 2025 - Non-applicability of Corporate Governance Report for quarter ended 30 Sep 2025.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 October 2025 - KFin certified Regulation 74(5) compliance for quarter ended 30 September 2025; demat/remat details furnished.
-
Resignation of Independent director
4 October 2025 - ASL INDUSTRIES LIMITED has informed about Resignation of Independent director.
-
Resignation
4 October 2025 - Anupriya Sharma (DIN:10477666) resigned as Non-Executive Director effective 4 Oct 2025, citing personal reasons.
-
Outcome of Board Meeting
4 October 2025 - Ms. Anupriya Sharma resigned as Non-Executive Non-Independent Director effective close of business 4 Oct 2025.
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