Asi Industries Ltd
Incorporated in 1945, ASI Industries
Ltd does mining and processing of
natural stones[1]
- Market Cap ₹ 319 Cr.
- Current Price ₹ 35.4
- High / Low ₹ 65.9 / 22.3
- Stock P/E
- Book Value ₹ 32.3
- Dividend Yield 0.99 %
- ROCE -8.69 %
- ROE -15.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.10 times its book value
- Debtor days have improved from 163 to 119 days.
- Company's working capital requirements have reduced from 136 days to 109 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.00% over past five years.
- Company has a low return on equity of -0.72% 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: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
131 | 209 | 197 | 308 | 314 | 260 | 208 | 227 | 238 | 161 | |
104 | 173 | 159 | 256 | 267 | 217 | 195 | 190 | 246 | 207 | |
Operating Profit | 26 | 36 | 38 | 52 | 47 | 43 | 12 | 37 | -8 | -47 |
OPM % | 20% | 17% | 19% | 17% | 15% | 17% | 6% | 16% | -4% | -29% |
3 | 6 | 6 | 8 | 6 | 12 | 43 | 4 | 1 | 8 | |
Interest | 6 | 8 | 14 | 12 | 11 | 9 | 9 | 7 | 12 | 4 |
Depreciation | 8 | 6 | 14 | 17 | 16 | 16 | 17 | 17 | 44 | 27 |
Profit before tax | 16 | 27 | 17 | 31 | 26 | 30 | 30 | 17 | -63 | -70 |
Tax % | 35% | 47% | 53% | 24% | 27% | 26% | -5% | 28% | -12% | |
10 | 14 | 8 | 24 | 19 | 22 | 31 | 12 | -56 | -66 | |
EPS in Rs | 1.21 | 1.74 | 0.94 | 2.84 | 2.32 | 2.71 | 3.79 | 1.32 | -6.21 | -7.30 |
Dividend Payout % | 16% | 14% | 26% | 11% | 13% | 11% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | -3% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -7367% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 33% |
3 Years: | 35% |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | -1% |
Last Year: | -16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 |
Reserves | 170 | 181 | 188 | 212 | 228 | 248 | 322 | 340 | 283 | 282 |
43 | 102 | 177 | 191 | 187 | 226 | 301 | 303 | 109 | 27 | |
23 | 98 | 56 | 54 | 49 | 57 | 71 | 82 | 53 | 29 | |
Total Liabilities | 243 | 387 | 427 | 465 | 472 | 539 | 703 | 734 | 455 | 347 |
167 | 191 | 269 | 261 | 278 | 274 | 291 | 485 | 224 | 168 | |
CWIP | 0 | 27 | 2 | 0 | 0 | 12 | 193 | 6 | 0 | 0 |
Investments | 4 | 0 | 0 | 10 | 8 | 7 | 28 | 43 | 87 | 42 |
71 | 169 | 155 | 194 | 186 | 246 | 192 | 201 | 144 | 137 | |
Total Assets | 243 | 387 | 427 | 465 | 472 | 539 | 703 | 734 | 455 | 347 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|
3 | 43 | -28 | 41 | 31 | 31 | 70 | 30 | 60 | |
-3 | -56 | -63 | -12 | -22 | -57 | -125 | -29 | 142 | |
-9 | 25 | 93 | -25 | -18 | 27 | 60 | -4 | -204 | |
Net Cash Flow | -9 | 13 | 2 | 4 | -9 | 0 | 5 | -2 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 116 | 204 | 162 | 134 | 125 | 174 | 182 | 188 | 119 |
Inventory Days | 214 | 74 | 206 | 88 | 124 | 356 | 322 | 352 | 148 |
Days Payable | 0 | 265 | 228 | 40 | 16 | 57 | 50 | 85 | 48 |
Cash Conversion Cycle | 330 | 12 | 139 | 183 | 232 | 473 | 454 | 456 | 219 |
Working Capital Days | 99 | 77 | 114 | 126 | 120 | 144 | 135 | 166 | 109 |
ROCE % | 13% | 9% | 10% | 9% | 9% | 7% | 4% | -9% |
Documents
Announcements
-
Corporate Action-Board to consider Dividend
30 Apr - Board meeting on 16 May 2025 to approve FY25 results and consider dividend; trading window closed from 1 April.
-
Board Meeting Intimation for Audited Financial Results And Recommendation Of Dividend
30 Apr - Board meeting on May 16, 2025, to approve FY25 results and consider dividend; trading window closed from April 1.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
21 Apr - ASI Industries confirms it is not a 'Large Corporate' under SEBI debt raising norms as of March 31, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Compliance certificate under Reg. 75(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March 2025.
-
Closure of Trading Window
24 Mar - Closure of trading window for equity shares.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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May 2019TranscriptNotesPPT
Business Overview:[1][2]
ASI is the world’s largest stone mining company, holding the largest stone mining quarry in the world. It is the only listed company in India supplying high quality Kotah stone products to industries such as real estate, construction and infrastructure. Company also generates wind power, and trades in steel coils and fabrics.