Share Price and Basic Stock Data
Last Updated: November 3, 2025, 8:11 pm
| PEG Ratio | 259.53 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Asahi India Glass Ltd operates in the glass and glass products industry, showcasing robust financial performance over recent years. The company reported a market capitalization of ₹23,789 Cr and a current share price of ₹933. Revenue from operations demonstrated a consistent upward trajectory, rising from ₹3,170 Cr in FY 2022 to ₹4,019 Cr in FY 2023, and further to ₹4,341 Cr in FY 2024. The trailing twelve months (TTM) revenue stood at ₹4,691 Cr, reflecting a strong growth trend. Quarterly sales figures also indicate resilience, with sales increasing from ₹923 Cr in Jun 2022 to ₹1,120 Cr in Sep 2023. This growth is indicative of strategic positioning and market demand for glass products, particularly in automotive and architectural sectors. The company’s operational efficiency is reflected in its operating profit margin (OPM), which, despite fluctuations, averaged around 17% in FY 2025. Overall, Asahi India Glass Ltd’s revenue trends signify a solid market presence and adaptability to changing market dynamics.
Profitability and Efficiency Metrics
Asahi India Glass Ltd recorded a net profit of ₹362 Cr in FY 2023, which increased to ₹367 Cr in FY 2025, demonstrating effective cost management and operational efficiency. The net profit margin stood at 7.93% in FY 2025, slightly improved from 7.30% in FY 2024, indicating a stable profitability outlook. The company’s return on equity (ROE) was reported at 13.6%, while the return on capital employed (ROCE) stood at 12.4%, both reflecting a reasonable return on investments relative to industry standards. The interest coverage ratio (ICR) was robust at 6.22x, suggesting strong earnings relative to interest obligations, which enhances financial stability. However, the operating profit margin (OPM) has shown some volatility, declining from 24% in FY 2022 to 17% in FY 2025. This fluctuation may raise concerns regarding cost pressures, particularly in the context of rising input costs. Overall, Asahi India Glass Ltd’s profitability metrics position it competitively within the sector.
Balance Sheet Strength and Financial Ratios
The balance sheet of Asahi India Glass Ltd reflects a strong financial foundation, with total assets growing from ₹4,580 Cr in FY 2023 to ₹6,790 Cr in FY 2025. The company reported reserves of ₹2,645 Cr and borrowings of ₹2,696 Cr, resulting in a total debt to equity ratio of 0.94x, which is relatively moderate and indicates manageable leverage. The current ratio stood at 1.08, suggesting adequate liquidity to meet short-term obligations. Furthermore, the book value per share increased to ₹109.79 in FY 2025 from ₹95.88 in FY 2024, signaling an enhancement in shareholder value. The inventory turnover ratio was reported at 1.57, which aligns with the typical range for the glass industry, indicating efficient inventory management. However, the company’s cash conversion cycle (CCC) at 60 days could be improved to enhance liquidity further. Overall, the balance sheet metrics underscore a solid capital structure and financial stability for Asahi India Glass Ltd.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Asahi India Glass Ltd indicates a stable ownership structure, with promoters holding 51.58% as of the latest reporting period. Foreign institutional investors (FIIs) accounted for 4.87%, while domestic institutional investors (DIIs) held 5.16%. The public shareholding stood at 38.39%, reflecting a diverse investor base. The number of shareholders increased to 64,209, demonstrating growing investor interest. Notably, the promoter holding has seen a gradual decline from 54.23% in Dec 2022 to the current level, which could be indicative of strategic divestments or increased liquidity in the market. The increase in DII ownership to 5.16% shows enhanced confidence among domestic institutional players. This diversified shareholding structure can provide stability and support for the company’s future growth initiatives. However, the declining promoter stake may warrant scrutiny from investors regarding long-term commitment.
Outlook, Risks, and Final Insight
Asahi India Glass Ltd exhibits a promising outlook driven by growth in revenue and profitability metrics, alongside a solid balance sheet. However, potential risks include fluctuations in raw material costs, which could impact margins, and a declining promoter shareholding that may raise concerns about long-term strategic direction. The company must navigate these challenges while capitalizing on its market position to sustain growth. Continued focus on operational efficiency and cost control will be crucial in mitigating risks associated with input price volatility. As the glass industry is poised for growth, particularly in the context of urbanization and infrastructure development in India, Asahi India Glass Ltd is well-positioned to leverage these opportunities. Future performance will depend on effective management strategies and the ability to adapt to market demands, ensuring sustained shareholder value and operational success.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Asahi India Glass Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Empire Industries Ltd | 640 Cr. | 1,067 | 1,599/922 | 18.6 | 523 | 2.34 % | 14.4 % | 11.1 % | 10.0 |
| Borosil Ltd | 4,241 Cr. | 355 | 516/278 | 51.5 | 67.6 | 0.00 % | 12.5 % | 9.32 % | 1.00 |
| Agarwal Fortune India Ltd | 7.81 Cr. | 22.2 | 26.0/16.6 | 43.4 | 2.02 | 0.00 % | 25.3 % | 33.6 % | 10.0 |
| La Opala RG Ltd | 2,572 Cr. | 233 | 370/187 | 26.2 | 74.3 | 3.22 % | 15.4 % | 10.9 % | 2.00 |
| Borosil Renewables Ltd | 9,338 Cr. | 665 | 690/420 | 75.3 | 0.00 % | 4.41 % | 8.90 % | 1.00 | |
| Industry Average | 8,099.40 Cr | 545.37 | 42.50 | 142.04 | 0.96% | 14.07% | 14.57% | 4.17 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 923 | 1,014 | 1,010 | 1,072 | 1,089 | 1,120 | 1,044 | 1,105 | 1,133 | 1,158 | 1,124 | 1,180 | 1,229 |
| Expenses | 702 | 799 | 821 | 902 | 880 | 934 | 880 | 927 | 951 | 945 | 949 | 983 | 1,036 |
| Operating Profit | 221 | 215 | 188 | 170 | 209 | 186 | 163 | 178 | 181 | 213 | 175 | 197 | 192 |
| OPM % | 24% | 21% | 19% | 16% | 19% | 17% | 16% | 16% | 16% | 18% | 16% | 17% | 16% |
| Other Income | 8 | 9 | 7 | 9 | 7 | 8 | 2 | 2 | 5 | 7 | 46 | 9 | 11 |
| Interest | 26 | 26 | 27 | 26 | 34 | 34 | 34 | 33 | 32 | 31 | 32 | 33 | 59 |
| Depreciation | 40 | 40 | 39 | 41 | 41 | 43 | 46 | 48 | 47 | 48 | 49 | 49 | 68 |
| Profit before tax | 163 | 159 | 129 | 112 | 141 | 117 | 85 | 100 | 107 | 141 | 140 | 124 | 76 |
| Tax % | 35% | 34% | 36% | 39% | 27% | 26% | 26% | 27% | 28% | 33% | 26% | 26% | 28% |
| Net Profit | 106 | 104 | 83 | 68 | 103 | 86 | 63 | 73 | 77 | 95 | 105 | 92 | 55 |
| EPS in Rs | 4.40 | 4.33 | 3.45 | 2.84 | 4.27 | 3.57 | 2.61 | 3.04 | 3.21 | 3.93 | 4.34 | 3.80 | 2.31 |
Last Updated: August 2, 2025, 12:05 am
Below is a detailed analysis of the quarterly data for Asahi India Glass Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,229.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,180.00 Cr. (Mar 2025) to 1,229.00 Cr., marking an increase of 49.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,036.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 983.00 Cr. (Mar 2025) to 1,036.00 Cr., marking an increase of 53.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 192.00 Cr.. The value appears to be declining and may need further review. It has decreased from 197.00 Cr. (Mar 2025) to 192.00 Cr., marking a decrease of 5.00 Cr..
- For OPM %, as of Jun 2025, the value is 16.00%. The value appears to be declining and may need further review. It has decreased from 17.00% (Mar 2025) to 16.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 11.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Mar 2025) to 11.00 Cr., marking an increase of 2.00 Cr..
- For Interest, as of Jun 2025, the value is 59.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 33.00 Cr. (Mar 2025) to 59.00 Cr., marking an increase of 26.00 Cr..
- For Depreciation, as of Jun 2025, the value is 68.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 49.00 Cr. (Mar 2025) to 68.00 Cr., marking an increase of 19.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 76.00 Cr.. The value appears to be declining and may need further review. It has decreased from 124.00 Cr. (Mar 2025) to 76.00 Cr., marking a decrease of 48.00 Cr..
- For Tax %, as of Jun 2025, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 26.00% (Mar 2025) to 28.00%, marking an increase of 2.00%.
- For Net Profit, as of Jun 2025, the value is 55.00 Cr.. The value appears to be declining and may need further review. It has decreased from 92.00 Cr. (Mar 2025) to 55.00 Cr., marking a decrease of 37.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.31. The value appears to be declining and may need further review. It has decreased from 3.80 (Mar 2025) to 2.31, marking a decrease of 1.49.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 5:24 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,217 | 2,099 | 2,209 | 2,345 | 2,633 | 2,913 | 2,643 | 2,421 | 3,170 | 4,019 | 4,341 | 4,594 | 4,691 |
| Expenses | 1,987 | 1,789 | 1,816 | 1,930 | 2,169 | 2,403 | 2,212 | 1,987 | 2,410 | 3,224 | 3,617 | 3,828 | 3,914 |
| Operating Profit | 229 | 309 | 393 | 415 | 464 | 510 | 431 | 435 | 761 | 795 | 724 | 766 | 776 |
| OPM % | 10% | 15% | 18% | 18% | 18% | 18% | 16% | 18% | 24% | 20% | 17% | 17% | 17% |
| Other Income | 4 | 13 | 3 | 31 | 23 | 24 | 23 | 46 | 31 | 33 | 32 | 67 | 73 |
| Interest | 163 | 160 | 144 | 144 | 124 | 135 | 146 | 143 | 121 | 105 | 136 | 128 | 155 |
| Depreciation | 143 | 112 | 110 | 79 | 95 | 119 | 137 | 132 | 160 | 160 | 177 | 192 | 213 |
| Profit before tax | -72 | 51 | 142 | 223 | 269 | 280 | 171 | 205 | 511 | 563 | 443 | 513 | 481 |
| Tax % | -31% | 26% | 42% | 33% | 35% | 33% | 11% | 36% | 33% | 36% | 27% | 28% | |
| Net Profit | -48 | 40 | 85 | 150 | 176 | 188 | 151 | 131 | 343 | 362 | 325 | 367 | 345 |
| EPS in Rs | -1.92 | 1.73 | 3.58 | 6.15 | 7.30 | 7.82 | 6.32 | 5.47 | 14.18 | 15.01 | 13.49 | 15.27 | 14.38 |
| Dividend Payout % | 0% | 0% | 17% | 16% | 21% | 13% | 16% | 18% | 14% | 13% | 15% | 13% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 183.33% | 112.50% | 76.47% | 17.33% | 6.82% | -19.68% | -13.25% | 161.83% | 5.54% | -10.22% | 12.92% |
| Change in YoY Net Profit Growth (%) | 0.00% | -70.83% | -36.03% | -59.14% | -10.52% | -26.50% | 6.44% | 175.08% | -156.29% | -15.76% | 23.14% |
Asahi India Glass Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 18% |
| 3 Years: | 0% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 31% |
| 3 Years: | 7% |
| 1 Year: | 20% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 16% |
| 3 Years: | 16% |
| Last Year: | 14% |
Last Updated: September 4, 2025, 11:40 pm
Balance Sheet
Last Updated: October 10, 2025, 1:39 pm
| Month | 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 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 217 | 257 | 330 | 902 | 1,051 | 1,191 | 1,278 | 1,415 | 1,738 | 2,050 | 2,329 | 2,645 |
| Borrowings | 1,395 | 1,419 | 1,319 | 1,221 | 1,373 | 1,643 | 1,762 | 1,566 | 1,238 | 1,401 | 1,968 | 2,696 |
| Other Liabilities | 677 | 560 | 598 | 682 | 833 | 831 | 799 | 768 | 776 | 1,104 | 1,179 | 1,425 |
| Total Liabilities | 2,313 | 2,260 | 2,272 | 2,830 | 3,281 | 3,689 | 3,863 | 3,773 | 3,777 | 4,580 | 5,500 | 6,790 |
| Fixed Assets | 1,177 | 1,143 | 1,134 | 1,588 | 1,907 | 1,956 | 2,035 | 2,221 | 2,323 | 2,395 | 2,616 | 4,046 |
| CWIP | 43 | 41 | 65 | 85 | 114 | 453 | 489 | 262 | 91 | 235 | 826 | 562 |
| Investments | 14 | 16 | 19 | 27 | 42 | 48 | 55 | 69 | 85 | 112 | 85 | 50 |
| Other Assets | 1,079 | 1,060 | 1,054 | 1,129 | 1,218 | 1,232 | 1,284 | 1,222 | 1,278 | 1,839 | 1,972 | 2,132 |
| Total Assets | 2,313 | 2,260 | 2,272 | 2,830 | 3,281 | 3,689 | 3,863 | 3,773 | 3,777 | 4,580 | 5,500 | 6,790 |
Below is a detailed analysis of the balance sheet data for Asahi India Glass Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 24.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 24.00 Cr..
- For Reserves, as of Mar 2025, the value is 2,645.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,329.00 Cr. (Mar 2024) to 2,645.00 Cr., marking an increase of 316.00 Cr..
- For Borrowings, as of Mar 2025, the value is 2,696.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 1,968.00 Cr. (Mar 2024) to 2,696.00 Cr., marking an increase of 728.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 1,425.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,179.00 Cr. (Mar 2024) to 1,425.00 Cr., marking an increase of 246.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 6,790.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,500.00 Cr. (Mar 2024) to 6,790.00 Cr., marking an increase of 1,290.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 4,046.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,616.00 Cr. (Mar 2024) to 4,046.00 Cr., marking an increase of 1,430.00 Cr..
- For CWIP, as of Mar 2025, the value is 562.00 Cr.. The value appears to be declining and may need further review. It has decreased from 826.00 Cr. (Mar 2024) to 562.00 Cr., marking a decrease of 264.00 Cr..
- For Investments, as of Mar 2025, the value is 50.00 Cr.. The value appears to be declining and may need further review. It has decreased from 85.00 Cr. (Mar 2024) to 50.00 Cr., marking a decrease of 35.00 Cr..
- For Other Assets, as of Mar 2025, the value is 2,132.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,972.00 Cr. (Mar 2024) to 2,132.00 Cr., marking an increase of 160.00 Cr..
- For Total Assets, as of Mar 2025, the value is 6,790.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,500.00 Cr. (Mar 2024) to 6,790.00 Cr., marking an increase of 1,290.00 Cr..
However, the Borrowings (2,696.00 Cr.) are higher than the Reserves (2,645.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 228.00 | 308.00 | 392.00 | 414.00 | 463.00 | 509.00 | 430.00 | 434.00 | 760.00 | 794.00 | 723.00 | 764.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | 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 | 55 | 46 | 44 | 38 | 45 | 34 | 36 | 40 | 28 | 31 | 30 | 35 |
| Inventory Days | 255 | 250 | 236 | 252 | 240 | 273 | 310 | 284 | 285 | 271 | 221 | 243 |
| Days Payable | 253 | 139 | 132 | 161 | 230 | 252 | 248 | 277 | 246 | 225 | 190 | 219 |
| Cash Conversion Cycle | 56 | 158 | 148 | 129 | 56 | 55 | 98 | 47 | 67 | 77 | 61 | 60 |
| Working Capital Days | -125 | -19 | -28 | 2 | -17 | -31 | -35 | -31 | 7 | 1 | -11 | -1 |
| ROCE % | 6% | 12% | 17% | 19% | 17% | 16% | 11% | 11% | 21% | 21% | 15% | 12% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund | 2,616,999 | 0.29 | 174.4 | 2,616,999 | 2025-04-22 17:25:42 | 0% |
| Mahindra Manulife Small Cap Fund | 391,523 | 0.52 | 26.09 | 391,523 | 2025-04-22 17:25:42 | 0% |
| Mahindra Manulife Business Cycle Fund | 184,740 | 1.12 | 12.31 | 184,740 | 2025-04-22 17:25:42 | 0% |
| Mahindra Manulife Manufacturing Fund | 135,000 | 1 | 9 | 135,000 | 2025-04-22 17:25:42 | 0% |
| Nippon India Nifty Smallcap 250 Index Fund | 101,569 | 0.39 | 6.77 | 101,569 | 2025-04-22 17:25:42 | 0% |
| Mahindra Manulife Equity Savings Fund | 62,500 | 0.79 | 4.17 | 62,500 | 2025-04-22 17:25:42 | 0% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 46,346 | 0.39 | 3.09 | 46,346 | 2025-04-22 17:25:42 | 0% |
| Motilal Oswal Nifty 500 Index Fund | 11,404 | 0.04 | 0.76 | 11,404 | 2025-04-22 17:25:42 | 0% |
| Motilal Oswal Nifty Smallcap 250 ETF | 2,630 | 0.39 | 0.18 | 2,630 | 2025-04-22 17:25:42 | 0% |
| Motilal Oswal Nifty 500 ETF | 384 | 0.04 | 0.03 | 384 | 2025-04-22 17:25:42 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 15.27 | 13.49 | 15.01 | 14.18 | 5.47 |
| Diluted EPS (Rs.) | 15.27 | 13.49 | 15.01 | 14.18 | 5.47 |
| Cash EPS (Rs.) | 22.88 | 20.31 | 20.77 | 20.20 | 10.43 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 109.79 | 95.88 | 84.46 | 71.75 | 58.56 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 109.79 | 95.88 | 84.46 | 71.75 | 58.56 |
| Revenue From Operations / Share (Rs.) | 189.00 | 178.55 | 165.31 | 130.42 | 99.60 |
| PBDIT / Share (Rs.) | 32.83 | 30.74 | 33.37 | 32.08 | 19.37 |
| PBIT / Share (Rs.) | 24.95 | 23.46 | 26.80 | 25.52 | 13.93 |
| PBT / Share (Rs.) | 20.98 | 17.87 | 22.50 | 20.54 | 8.04 |
| Net Profit / Share (Rs.) | 15.00 | 13.04 | 14.20 | 13.63 | 4.99 |
| NP After MI And SOA / Share (Rs.) | 15.27 | 13.49 | 15.01 | 14.18 | 5.47 |
| PBDIT Margin (%) | 17.37 | 17.21 | 20.18 | 24.60 | 19.44 |
| PBIT Margin (%) | 13.20 | 13.14 | 16.21 | 19.56 | 13.98 |
| PBT Margin (%) | 11.10 | 10.00 | 13.61 | 15.74 | 8.07 |
| Net Profit Margin (%) | 7.93 | 7.30 | 8.59 | 10.45 | 5.00 |
| NP After MI And SOA Margin (%) | 8.08 | 7.55 | 9.07 | 10.87 | 5.49 |
| Return on Networth / Equity (%) | 13.91 | 13.93 | 17.58 | 19.56 | 9.24 |
| Return on Capital Employeed (%) | 12.32 | 14.98 | 21.98 | 23.00 | 13.62 |
| Return On Assets (%) | 5.46 | 5.96 | 7.96 | 9.12 | 3.52 |
| Long Term Debt / Equity (X) | 0.73 | 0.54 | 0.36 | 0.49 | 0.69 |
| Total Debt / Equity (X) | 0.94 | 0.79 | 0.65 | 0.68 | 0.87 |
| Asset Turnover Ratio (%) | 0.74 | 0.86 | 0.93 | 0.81 | 0.62 |
| Current Ratio (X) | 1.08 | 1.03 | 1.08 | 1.14 | 0.88 |
| Quick Ratio (X) | 0.48 | 0.44 | 0.44 | 0.47 | 0.37 |
| Inventory Turnover Ratio (X) | 1.57 | 1.55 | 1.64 | 1.37 | 1.05 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 14.82 | 13.32 | 7.05 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 9.63 | 9.26 | 4.81 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 85.18 | 86.68 | 92.95 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 90.37 | 90.74 | 95.19 | 0.00 |
| Interest Coverage Ratio (X) | 6.22 | 5.50 | 7.75 | 6.45 | 3.29 |
| Interest Coverage Ratio (Post Tax) (X) | 3.59 | 3.33 | 4.30 | 3.74 | 1.85 |
| Enterprise Value (Cr.) | 16978.79 | 14685.54 | 12209.04 | 11553.98 | 8699.49 |
| EV / Net Operating Revenue (X) | 3.70 | 3.38 | 3.04 | 3.64 | 3.59 |
| EV / EBITDA (X) | 21.27 | 19.65 | 15.05 | 14.81 | 18.48 |
| MarketCap / Net Operating Revenue (X) | 3.19 | 3.00 | 2.74 | 3.30 | 3.11 |
| Retention Ratios (%) | 0.00 | 85.17 | 86.67 | 92.94 | 0.00 |
| Price / BV (X) | 5.49 | 5.53 | 5.30 | 5.93 | 5.22 |
| Price / Net Operating Revenue (X) | 3.19 | 3.00 | 2.74 | 3.30 | 3.11 |
| EarningsYield | 0.02 | 0.02 | 0.03 | 0.03 | 0.01 |
After reviewing the key financial ratios for Asahi India Glass Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 15.27. This value is within the healthy range. It has increased from 13.49 (Mar 24) to 15.27, marking an increase of 1.78.
- For Diluted EPS (Rs.), as of Mar 25, the value is 15.27. This value is within the healthy range. It has increased from 13.49 (Mar 24) to 15.27, marking an increase of 1.78.
- For Cash EPS (Rs.), as of Mar 25, the value is 22.88. This value is within the healthy range. It has increased from 20.31 (Mar 24) to 22.88, marking an increase of 2.57.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 109.79. It has increased from 95.88 (Mar 24) to 109.79, marking an increase of 13.91.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 109.79. It has increased from 95.88 (Mar 24) to 109.79, marking an increase of 13.91.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 189.00. It has increased from 178.55 (Mar 24) to 189.00, marking an increase of 10.45.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 32.83. This value is within the healthy range. It has increased from 30.74 (Mar 24) to 32.83, marking an increase of 2.09.
- For PBIT / Share (Rs.), as of Mar 25, the value is 24.95. This value is within the healthy range. It has increased from 23.46 (Mar 24) to 24.95, marking an increase of 1.49.
- For PBT / Share (Rs.), as of Mar 25, the value is 20.98. This value is within the healthy range. It has increased from 17.87 (Mar 24) to 20.98, marking an increase of 3.11.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 15.00. This value is within the healthy range. It has increased from 13.04 (Mar 24) to 15.00, marking an increase of 1.96.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 15.27. This value is within the healthy range. It has increased from 13.49 (Mar 24) to 15.27, marking an increase of 1.78.
- For PBDIT Margin (%), as of Mar 25, the value is 17.37. This value is within the healthy range. It has increased from 17.21 (Mar 24) to 17.37, marking an increase of 0.16.
- For PBIT Margin (%), as of Mar 25, the value is 13.20. This value is within the healthy range. It has increased from 13.14 (Mar 24) to 13.20, marking an increase of 0.06.
- For PBT Margin (%), as of Mar 25, the value is 11.10. This value is within the healthy range. It has increased from 10.00 (Mar 24) to 11.10, marking an increase of 1.10.
- For Net Profit Margin (%), as of Mar 25, the value is 7.93. This value is within the healthy range. It has increased from 7.30 (Mar 24) to 7.93, marking an increase of 0.63.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.08. This value is within the healthy range. It has increased from 7.55 (Mar 24) to 8.08, marking an increase of 0.53.
- For Return on Networth / Equity (%), as of Mar 25, the value is 13.91. This value is below the healthy minimum of 15. It has decreased from 13.93 (Mar 24) to 13.91, marking a decrease of 0.02.
- For Return on Capital Employeed (%), as of Mar 25, the value is 12.32. This value is within the healthy range. It has decreased from 14.98 (Mar 24) to 12.32, marking a decrease of 2.66.
- For Return On Assets (%), as of Mar 25, the value is 5.46. This value is within the healthy range. It has decreased from 5.96 (Mar 24) to 5.46, marking a decrease of 0.50.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.73. This value is within the healthy range. It has increased from 0.54 (Mar 24) to 0.73, marking an increase of 0.19.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.94. This value is within the healthy range. It has increased from 0.79 (Mar 24) to 0.94, marking an increase of 0.15.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.74. It has decreased from 0.86 (Mar 24) to 0.74, marking a decrease of 0.12.
- For Current Ratio (X), as of Mar 25, the value is 1.08. This value is below the healthy minimum of 1.5. It has increased from 1.03 (Mar 24) to 1.08, marking an increase of 0.05.
- For Quick Ratio (X), as of Mar 25, the value is 0.48. This value is below the healthy minimum of 1. It has increased from 0.44 (Mar 24) to 0.48, marking an increase of 0.04.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 1.57. This value is below the healthy minimum of 4. It has increased from 1.55 (Mar 24) to 1.57, marking an increase of 0.02.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 14.82 (Mar 24) to 0.00, marking a decrease of 14.82.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 9.63 (Mar 24) to 0.00, marking a decrease of 9.63.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 85.18 (Mar 24) to 0.00, marking a decrease of 85.18.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 90.37 (Mar 24) to 0.00, marking a decrease of 90.37.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 6.22. This value is within the healthy range. It has increased from 5.50 (Mar 24) to 6.22, marking an increase of 0.72.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.59. This value is within the healthy range. It has increased from 3.33 (Mar 24) to 3.59, marking an increase of 0.26.
- For Enterprise Value (Cr.), as of Mar 25, the value is 16,978.79. It has increased from 14,685.54 (Mar 24) to 16,978.79, marking an increase of 2,293.25.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.70. This value exceeds the healthy maximum of 3. It has increased from 3.38 (Mar 24) to 3.70, marking an increase of 0.32.
- For EV / EBITDA (X), as of Mar 25, the value is 21.27. This value exceeds the healthy maximum of 15. It has increased from 19.65 (Mar 24) to 21.27, marking an increase of 1.62.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.19. This value exceeds the healthy maximum of 3. It has increased from 3.00 (Mar 24) to 3.19, marking an increase of 0.19.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 85.17 (Mar 24) to 0.00, marking a decrease of 85.17.
- For Price / BV (X), as of Mar 25, the value is 5.49. This value exceeds the healthy maximum of 3. It has decreased from 5.53 (Mar 24) to 5.49, marking a decrease of 0.04.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.19. This value exceeds the healthy maximum of 3. It has increased from 3.00 (Mar 24) to 3.19, marking an increase of 0.19.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Asahi India Glass Ltd:
- Net Profit Margin: 7.93%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 12.32% (Industry Average ROCE: 14.07%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 13.91% (Industry Average ROE: 14.57%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 3.59
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.48
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 72.8 (Industry average Stock P/E: 42.5)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.94
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 7.93%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Glass & Glass Products | A-2/10, 1st Floor, WHS DDA Marble Market, New Delhi Delhi 110015 | investorrelations@aisglass.com http://www.aisglass.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Sanjay Labroo | Chairman & Managing Director |
| Mr. Masao Fukami | Dy.Managing Director & CTO |
| Ms. Nisheeta Labroo | Director |
| Mr. Setsuya Yoshino | Director |
| Mr. Kamaljit Kalkat | Director |
| Ms. Shradha Sur | Director |
| Ms. Sheetal Mehta | Director |
| Mr. Masahiro Takeda | Director |
FAQ
What is the intrinsic value of Asahi India Glass Ltd?
Asahi India Glass Ltd's intrinsic value (as of 03 November 2025) is 873.19 which is 6.11% lower the current market price of 930.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 23,706 Cr. market cap, FY2025-2026 high/low of 960/577, reserves of ₹2,645 Cr, and liabilities of 6,790 Cr.
What is the Market Cap of Asahi India Glass Ltd?
The Market Cap of Asahi India Glass Ltd is 23,706 Cr..
What is the current Stock Price of Asahi India Glass Ltd as on 03 November 2025?
The current stock price of Asahi India Glass Ltd as on 03 November 2025 is 930.
What is the High / Low of Asahi India Glass Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Asahi India Glass Ltd stocks is 960/577.
What is the Stock P/E of Asahi India Glass Ltd?
The Stock P/E of Asahi India Glass Ltd is 72.8.
What is the Book Value of Asahi India Glass Ltd?
The Book Value of Asahi India Glass Ltd is 110.
What is the Dividend Yield of Asahi India Glass Ltd?
The Dividend Yield of Asahi India Glass Ltd is 0.22 %.
What is the ROCE of Asahi India Glass Ltd?
The ROCE of Asahi India Glass Ltd is 12.4 %.
What is the ROE of Asahi India Glass Ltd?
The ROE of Asahi India Glass Ltd is 13.6 %.
What is the Face Value of Asahi India Glass Ltd?
The Face Value of Asahi India Glass Ltd is 1.00.