ASL Industries Ltd

ASL Industries Ltd

₹ 45.4 -1.94%
12 Jun - 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

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

  • Market Cap 47.4 Cr.
  • Current Price 45.4
  • High / Low 53.6 / 29.0
  • Stock P/E 526
  • 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

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
25.09 8.89 4.53 7.24 3.22 0.95 7.25 0.00 0.00 0.00 0.00 0.00 0.00
24.69 9.98 4.32 8.63 3.47 1.12 7.67 0.21 0.22 0.10 0.49 0.21 0.05
Operating Profit 0.40 -1.09 0.21 -1.39 -0.25 -0.17 -0.42 -0.21 -0.22 -0.10 -0.49 -0.21 -0.05
OPM % 1.59% -12.26% 4.64% -19.20% -7.76% -17.89% -5.79%
0.05 5.43 -0.22 0.55 2.29 0.92 1.63 1.21 1.40 0.74 0.33 0.36 0.00
Interest 1.45 1.09 0.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 1.81 0.18 0.16 0.13 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -2.81 3.07 -0.62 -0.97 1.95 0.75 1.21 1.00 1.18 0.64 -0.16 0.15 -0.05
Tax % -25.98% -6.84% 82.26% -27.84% 44.10% 32.00% 15.70% 25.00% 25.42% 25.00% -25.00% 26.67% -60.00%
-2.07 3.27 -1.13 -0.70 1.09 0.51 1.01 0.75 0.88 0.48 -0.12 0.11 -0.03
EPS in Rs -1.99 3.14 -1.08 -0.67 1.05 0.49 0.97 0.72 0.84 0.46 -0.12 0.11 -0.03
Raw PDF

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: 50%
3 Years: 16%
1 Year: -18%
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 59.23 82.76 47.14 65.87 54.64 715.04 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%

Shareholding Pattern

Numbers in percentages

Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
70.88% 70.88% 70.88% 70.89% 71.01% 26.24% 26.24% 26.24% 26.24% 26.24% 0.00% 66.32%
29.11% 29.12% 29.12% 29.10% 28.99% 73.76% 73.76% 73.76% 73.76% 73.77% 100.00% 33.68%
No. of Shareholders 127123886368949291101105104177

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