Yasho Industries Ltd
Yasho Industries Ltd is a manufacturer of specialty chemicals, food antioxidants, aroma chemicals, rubber accelerators and lubricant additives. It has a wide geographical presence with exports to Europe, America, Middle East and Asia.[1]
- Market Cap ₹ 2,005 Cr.
 - Current Price ₹ 1,676
 - High / Low ₹ 2,344 / 1,550
 - Stock P/E 182
 - Book Value ₹ 349
 - Dividend Yield 0.03 %
 - ROCE 7.11 %
 - ROE 1.61 %
 - Face Value ₹ 10.0
 
Pros
Cons
- Stock is trading at 4.81 times its book value
 - Company has low interest coverage ratio.
 - Dividend payout has been low at 3.97% of profits over last 3 years
 - Promoter holding has decreased over last 3 years: -3.55%
 
* 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
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 169 | 180 | 195 | 250 | 340 | 297 | 359 | 614 | 670 | 596 | 673 | 698 | |
| 154 | 160 | 174 | 223 | 303 | 257 | 310 | 520 | 560 | 497 | 564 | 577 | |
| Operating Profit | 15 | 20 | 22 | 27 | 37 | 40 | 49 | 93 | 111 | 99 | 108 | 121 | 
| OPM % | 9% | 11% | 11% | 11% | 11% | 13% | 14% | 15% | 17% | 17% | 16% | 17% | 
| 2 | 0 | 3 | 4 | 3 | 3 | 10 | 10 | 11 | 8 | 9 | 5 | |
| Interest | 13 | 13 | 14 | 15 | 16 | 16 | 16 | 14 | 16 | 15 | 59 | 60 | 
| Depreciation | 5 | 5 | 5 | 6 | 7 | 10 | 12 | 19 | 20 | 16 | 50 | 52 | 
| Profit before tax | 0 | 2 | 5 | 10 | 17 | 17 | 31 | 71 | 86 | 76 | 8 | 15 | 
| Tax % | 50% | 33% | 33% | 22% | 29% | 29% | 30% | 26% | 26% | 25% | 28% | |
| 0 | 2 | 4 | 8 | 12 | 12 | 21 | 53 | 64 | 57 | 6 | 11 | |
| EPS in Rs | 0.01 | 0.15 | 0.37 | 7.31 | 10.91 | 11.05 | 19.71 | 46.26 | 56.41 | 50.11 | 4.99 | 9.20 | 
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 1% | 1% | 1% | 10% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% | 
| 5 Years: | 18% | 
| 3 Years: | 3% | 
| TTM: | 13% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 58% | 
| 5 Years: | -14% | 
| 3 Years: | -52% | 
| TTM: | -75% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 62% | 
| 3 Years: | 1% | 
| 1 Year: | -10% | 
| Return on Equity | |
|---|---|
| 10 Years: | 20% | 
| 5 Years: | 20% | 
| 3 Years: | 15% | 
| Last Year: | 2% | 
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 
| Reserves | 2 | 4 | 7 | 23 | 35 | 47 | 68 | 162 | 226 | 282 | 409 | 
| 121 | 126 | 132 | 153 | 151 | 169 | 162 | 179 | 324 | 579 | 583 | |
| 28 | 29 | 29 | 45 | 54 | 51 | 65 | 131 | 87 | 119 | 90 | |
| Total Liabilities | 157 | 168 | 178 | 232 | 250 | 278 | 305 | 483 | 648 | 992 | 1,093 | 
| 57 | 55 | 58 | 69 | 73 | 106 | 120 | 161 | 177 | 203 | 624 | |
| CWIP | 0 | 0 | 0 | 0 | 23 | 12 | 0 | 1 | 124 | 461 | 1 | 
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 
| 100 | 113 | 120 | 162 | 154 | 160 | 185 | 322 | 347 | 323 | 463 | |
| Total Assets | 157 | 168 | 178 | 232 | 250 | 278 | 305 | 483 | 648 | 992 | 1,093 | 
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | -5 | 54 | 31 | 35 | 16 | 14 | 90 | -45 | |||
| -8 | -17 | -33 | -30 | -14 | -59 | -132 | -304 | -10 | |||
| -10 | 15 | -20 | -1 | -21 | 42 | 118 | 214 | 60 | |||
| Net Cash Flow | 2 | -7 | 0 | -0 | 0 | -1 | 0 | 0 | 5 | 
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 67 | 80 | 80 | 63 | 74 | 73 | 78 | 59 | 76 | 80 | 
| Inventory Days | 196 | 222 | 171 | 160 | 108 | 142 | 125 | 125 | 140 | 118 | 224 | 
| Days Payable | 73 | 71 | 56 | 72 | 64 | 64 | 72 | 105 | 45 | 45 | 57 | 
| Cash Conversion Cycle | 184 | 219 | 195 | 167 | 106 | 152 | 126 | 99 | 154 | 150 | 247 | 
| Working Capital Days | 115 | 129 | 4 | -2 | 10 | -1 | 4 | 33 | 43 | 2 | 52 | 
| ROCE % | 11% | 14% | 15% | 17% | 15% | 20% | 29% | 22% | 13% | 7% | 
Documents
Announcements
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          Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
          
            1d - Conference call on Nov 7, 2025 at 4:00 PM IST for Q2 & H1FY26 results.
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          Board Meeting Intimation for Considering And Approving The Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025 & The Request Letters Received Pursuant To Regulation 31A Of The SEBI (LODR) Regulations, 2015
          
            30 Oct - Board meeting Nov 6, 2025 to approve Q2/H1 Sep 30, 2025 results and promoter reclassification request.
 - 
        
          Announcement under Regulation 30 (LODR)-Press Release / Media Release
          
            29 Oct - Inaugurated Pakhajan R&D centre: ₹23 crore capex, 40 researchers; part of FY26 ₹100 crore capex plan.
 - 
        
          Intimation Of Request Received For Re-Classification By Person Falling Under Promoter Group Under Regulation 31A SEBI (LODR) Regulations, 2015.
          
            28 Oct - Three promoter-group members requested reclassification to public of 10,030 shares (0.08%) via Oct 27, 2025 letters.
 - 
        
          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            9 Oct - Reg 74(5) compliance certificate: no dematerialisation/rematerialisation requests for quarter ended 30 Sep 2025.
 
Annual reports
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      Financial Year 2025
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      Financial Year 2024
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      Financial Year 2023
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      Financial Year 2022
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      Financial Year 2021
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      Financial Year 2020
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      Financial Year 2019
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      Financial Year 2018
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      Financial Year 2017
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      Financial Year 2016
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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
 
Concalls
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      Aug 2025Transcript PPT
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      May 2025Transcript PPT REC
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      Feb 2025Transcript PPT
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      Nov 2024Transcript PPT
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      Aug 2024Transcript PPT REC
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      May 2024TranscriptPPT
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      May 2024Transcript PPT REC
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      Feb 2024TranscriptPPTREC
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      Feb 2024TranscriptNotesPPT REC
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      Nov 2023Transcript PPT REC
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      Aug 2023Transcript PPT
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      May 2023Transcript PPT
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      Feb 2023TranscriptNotesPPT
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      Nov 2022Transcript PPT
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      Nov 2022TranscriptNotesPPT
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      Aug 2022Transcript PPT
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      May 2022Transcript PPT
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      Feb 2022Transcript PPT
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      Nov 2021TranscriptNotesPPT
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      Aug 2021TranscriptNotesPPT
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      Aug 2021TranscriptNotesPPT
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      May 2021TranscriptNotesPPT
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      Feb 2021TranscriptNotesPPT
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      Nov 2020TranscriptNotesPPT
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      Oct 2020TranscriptNotesPPT
 
Company Overview
The company operates in specialty and fine chemicals manufacturing and manufactures 148 products across five business verticals - Food Antioxidants, Aroma Chemicals, Rubber Chemicals, Lubricant Additives, and Specialty Chemicals. It has a customer base across the world, including the USA, Europe, Asia, and the Middle East. [1]