Asian Star Company Ltd

Asian Star Company Ltd

₹ 627 0.00%
02 Jun - close price
About

Incorporated in 1971, Asian Star Company
Ltd is in the business of diamond cutting
and polishing, jewellery manufacturing
and retailing, and wind power generation[1]

Key Points

Business Overview:[1][2][3]
a) ASCL procures rough diamonds at group level and processes it into cut and polished diamonds in their manufacturing facility in Surat, Gujarat. The polished diamonds are then sold across the globe
b) Company is focused on Cutting and Polishing of Diamonds (CPDs) small size diamonds (less than 1 carat) which are used in studded jewelry.
c) Company also manufactures diamond-studded gold and platinum jewelry.
d) ASCL is partially integrated across the G&J value chain from procurement
of rough diamonds, diamond cutting & polishing to jewelry manufacturing and distribution to retailers all over the world
e) Company is also engaged in ownership, operation and maintenance of wind turbines for generation of electricity through wind power in India.

  • Market Cap 1,004 Cr.
  • Current Price 627
  • High / Low 772 / 533
  • Stock P/E 24.8
  • Book Value 1,036
  • Dividend Yield 0.24 %
  • ROCE 3.56 %
  • ROE 2.51 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.61 times its book value

Cons

  • The company has delivered a poor sales growth of 2.52% over past five years.
  • Company has a low return on equity of 3.44% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.21.4 Cr.
  • Dividend payout has been low at 4.87% of profits 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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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,078.35 924.49 921.51 690.96 986.34 759.20 654.00 688.25 854.31 716.54 759.40 660.09 745.97
1,040.74 894.35 889.55 663.64 957.92 731.88 627.66 665.63 849.69 694.80 734.95 648.03 740.41
Operating Profit 37.61 30.14 31.96 27.32 28.42 27.32 26.34 22.62 4.62 21.74 24.45 12.06 5.56
OPM % 3.49% 3.26% 3.47% 3.95% 2.88% 3.60% 4.03% 3.29% 0.54% 3.03% 3.22% 1.83% 0.75%
-3.69 6.50 -2.60 10.82 7.75 7.67 7.52 3.67 -0.92 11.38 -0.06 7.64 2.40
Interest 9.75 5.11 6.18 10.24 9.82 10.36 8.85 7.54 6.92 7.31 6.65 5.43 6.16
Depreciation 2.99 3.09 2.71 2.93 3.13 3.17 2.97 3.05 1.85 2.35 2.42 2.49 2.39
Profit before tax 21.18 28.44 20.47 24.97 23.22 21.46 22.04 15.70 -5.07 23.46 15.32 11.78 -0.59
Tax % 18.93% 17.26% 15.93% 26.91% 19.98% 18.50% 13.84% 28.98% 20.91% 17.52% 20.82% 20.20% -30.51%
17.17 23.54 17.21 18.25 18.58 17.49 18.99 11.15 -6.13 19.34 12.13 9.41 -0.42
EPS in Rs 10.86 14.29 11.03 11.26 11.66 11.54 10.73 7.52 -2.80 12.08 7.31 6.11 -0.25
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3,221 3,302 3,494 3,905 3,642 3,051 2,544 4,423 4,478 3,523 2,956 2,882
3,081 3,169 3,362 3,730 3,460 2,931 2,480 4,289 4,327 3,403 2,873 2,818
Operating Profit 140 133 132 175 183 120 65 134 151 120 83 64
OPM % 4% 4% 4% 4% 5% 4% 3% 3% 3% 3% 3% 2%
7 -1 7 3 1 -4 14 2 -1 29 18 21
Interest 30 25 31 35 30 22 5 9 33 40 35 26
Depreciation 16 16 18 17 17 16 15 14 12 12 11 10
Profit before tax 101 91 90 127 137 78 59 113 105 97 54 50
Tax % 19% 18% 27% 14% 15% 19% -8% 17% 21% 20% 23% 19%
82 74 66 109 116 63 64 94 83 78 42 40
EPS in Rs 51.20 46.43 41.31 68.18 71.80 39.61 39.94 58.62 51.63 48.25 26.98 25.25
Dividend Payout % 3% 3% 4% 2% 2% 4% 4% 3% 3% 3% 6% 6%
Compounded Sales Growth
10 Years: -1%
5 Years: 3%
3 Years: -14%
TTM: -2%
Compounded Profit Growth
10 Years: -6%
5 Years: -9%
3 Years: -23%
TTM: -9%
Stock Price CAGR
10 Years: -2%
5 Years: -9%
3 Years: -2%
1 Year: -13%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 3%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 16 16 16 16 16 16 16 16 16 16 16 16
Reserves 613 767 824 968 1,058 1,147 1,196 1,297 1,418 1,493 1,546 1,642
905 1,123 978 844 690 663 549 691 628 741 528 493
474 467 418 489 295 208 287 428 446 462 318 322
Total Liabilities 2,008 2,373 2,236 2,317 2,059 2,034 2,048 2,433 2,507 2,713 2,408 2,473
165 266 310 291 279 267 253 228 218 223 213 207
CWIP 27 29 0 0 0 0 0 0 1 0 0 0
Investments 1 1 32 65 72 66 85 83 64 80 79 98
1,814 2,076 1,893 1,961 1,708 1,700 1,710 2,122 2,225 2,410 2,116 2,168
Total Assets 2,008 2,373 2,236 2,317 2,059 2,034 2,048 2,433 2,507 2,713 2,408 2,473

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
152 118 63 278 128 105 116 -176 94 -66 230 90
-11 -81 -57 -34 -12 -4 -1 16 16 -4 17 0
-133 202 -175 -134 -208 -71 -123 132 -97 67 -248 -74
Net Cash Flow 8 239 -170 110 -93 29 -7 -28 13 -3 -0 16
Free Cash Flow 137 109 50 275 120 100 116 -170 91 -82 226 87
CFO/OP 123% 105% 65% 169% 82% 102% 184% -112% 78% -39% 305% 156%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 100 96 90 86 77 80 116 86 86 113 115 112
Inventory Days 79 56 75 61 67 80 81 54 73 114 110 111
Days Payable 37 39 40 25 24 19 37 34 35 47 36 35
Cash Conversion Cycle 141 113 125 122 120 141 160 107 123 180 190 188
Working Capital Days 31 10 28 28 52 71 92 65 76 103 130 152
ROCE % 8% 7% 6% 9% 9% 6% 4% 7% 7% 6% 4% 4%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Jewellery Facility Area
Sq. Ft. ・Standalone data

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Maximum Diamond Size Processed
Carats ・Standalone data
Total Group Employee Strength
Number
Jewellery Annual Production Capacity
Pieces ・Standalone data
Number of Jewellery Manufacturing Units
Number ・Standalone data
Wind Energy Generation
Lakhs KWH ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.65% 74.65% 74.65% 74.65% 74.65% 74.65% 74.66% 74.66% 74.66% 74.66% 74.66% 74.66%
4.33% 4.33% 4.26% 4.24% 4.24% 4.21% 4.21% 4.21% 4.21% 4.21% 4.21% 4.21%
21.01% 21.01% 21.08% 21.09% 21.10% 21.13% 21.13% 21.12% 21.13% 21.13% 21.13% 21.13%
No. of Shareholders 7787868929169501,1041,1131,0941,1011,0851,0781,083

* 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.

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