Asahi Songwon Colors Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 9, 2025, 11:30 am

Quick Insight

Asahi Songwon Colors Ltd, operating within the dyes and pigments industry, presents a mixed financial picture. Trading at ₹436 with a market capitalization of ₹514 crore, the company has a price-to-earnings (P/E) ratio of 30.5, which may suggest overvaluation given its return on equity (ROE) of 6.87% and return on capital employed (ROCE) of 9.08%. The operating profit margin (OPM) stands at a modest 11.18%, while net profits are reported at ₹17 crore. Notably, the company's borrowing of ₹167 crore against reserves of ₹243 crore indicates a leveraged position, exacerbated by a current cash conversion cycle (CCC) of 111 days. With promoter ownership at 66.77% and institutional investment minimal, the stock's price-to-book value (P/BV) of 1.62x suggests it may be fairly priced, yet investors should exercise caution due to the relatively low interest coverage ratio (ICR) of 1.68x. In conclusion, while Asahi Songwon Colors has solid fundamentals, potential investors should weigh the risks of its high valuation against its profitability metrics before making investment decisions.

Competitors of Asahi Songwon Colors Ltd

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Quarterly Result

Last Updated: August 2, 2025, 12:05 am

Below is a detailed analysis of the quarterly data for Asahi Songwon Colors 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 149.88 Cr.. The value appears to be declining and may need further review. It has decreased from 152.75 Cr. (Mar 2025) to 149.88 Cr., marking a decrease of 2.87 Cr..
• For Expenses, as of Jun 2025, the value is 139.34 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 135.68 Cr. (Mar 2025) to 139.34 Cr., marking an increase of 3.66 Cr..
• For Operating Profit, as of Jun 2025, the value is 10.54 Cr.. The value appears to be declining and may need further review. It has decreased from 17.07 Cr. (Mar 2025) to 10.54 Cr., marking a decrease of 6.53 Cr..
• For OPM %, as of Jun 2025, the value is 7.03%. The value appears to be declining and may need further review. It has decreased from 11.18% (Mar 2025) to 7.03%, marking a decrease of 4.15%.
• For Other Income, as of Jun 2025, the value is 1.46 Cr.. The value appears strong and on an upward trend. It has increased from 0.61 Cr. (Mar 2025) to 1.46 Cr., marking an increase of 0.85 Cr..
• For Interest, as of Jun 2025, the value is 3.14 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.84 Cr. (Mar 2025) to 3.14 Cr., marking a decrease of 0.70 Cr..
• For Depreciation, as of Jun 2025, the value is 4.64 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.66 Cr. (Mar 2025) to 4.64 Cr., marking a decrease of 0.02 Cr..
• For Profit before tax, as of Jun 2025, the value is 4.22 Cr.. The value appears to be declining and may need further review. It has decreased from 9.18 Cr. (Mar 2025) to 4.22 Cr., marking a decrease of 4.96 Cr..
• For Tax %, as of Jun 2025, the value is 38.86%. The value appears to be increasing, which may not be favorable. It has increased from 25.05% (Mar 2025) to 38.86%, marking an increase of 13.81%.
• For Net Profit, as of Jun 2025, the value is 2.59 Cr.. The value appears to be declining and may need further review. It has decreased from 6.87 Cr. (Mar 2025) to 2.59 Cr., marking a decrease of 4.28 Cr..
• For EPS in Rs, as of Jun 2025, the value is 2.68. The value appears to be declining and may need further review. It has decreased from 6.48 (Mar 2025) to 2.68, marking a decrease of 3.80.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 7:14 am

Growth

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 3:51 pm

Below is a detailed analysis of the balance sheet data for Asahi Songwon Colors 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 12.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 12.00 Cr..
• For Reserves, as of Mar 2025, the value is 243.00 Cr.. The value appears strong and on an upward trend. It has increased from 224.00 Cr. (Mar 2024) to 243.00 Cr., marking an increase of 19.00 Cr..
• For Borrowings, as of Mar 2025, the value is 167.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 197.00 Cr. (Mar 2024) to 167.00 Cr., marking a decrease of 30.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 168.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 138.00 Cr. (Mar 2024) to 168.00 Cr., marking an increase of 30.00 Cr..
• For Total Liabilities, as of Mar 2025, the value is 590.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 570.00 Cr. (Mar 2024) to 590.00 Cr., marking an increase of 20.00 Cr..
• For Fixed Assets, as of Mar 2025, the value is 305.00 Cr.. The value appears to be declining and may need further review. It has decreased from 306.00 Cr. (Mar 2024) to 305.00 Cr., marking a decrease of 1.00 Cr..
• For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 11.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 11.00 Cr..
• For Investments, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 1.00 Cr..
• For Other Assets, as of Mar 2025, the value is 284.00 Cr.. The value appears strong and on an upward trend. It has increased from 253.00 Cr. (Mar 2024) to 284.00 Cr., marking an increase of 31.00 Cr..
• For Total Assets, as of Mar 2025, the value is 590.00 Cr.. The value appears strong and on an upward trend. It has increased from 570.00 Cr. (Mar 2024) to 590.00 Cr., marking an increase of 20.00 Cr..

Notably, the Reserves (243.00 Cr.) exceed the Borrowings (167.00 Cr.), indicating a solid financial buffer.

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

Free Cash Flow

Share Holding Pattern

Key Financial Ratios

After reviewing the key financial ratios for Asahi Songwon Colors Ltd, here is a detailed analysis based on the latest available data and recent trends:

• For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
• For Basic EPS (Rs.), as of Mar 24, the value is 17.01. This value is within the healthy range. It has increased from -9.83 (Mar 23) to 17.01, marking an increase of 26.84.
• For Diluted EPS (Rs.), as of Mar 24, the value is 17.01. This value is within the healthy range. It has increased from -9.83 (Mar 23) to 17.01, marking an increase of 26.84.
• For Cash EPS (Rs.), as of Mar 24, the value is 27.03. This value is within the healthy range. It has increased from -3.06 (Mar 23) to 27.03, marking an increase of 30.09.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 199.86. It has decreased from 220.62 (Mar 23) to 199.86, marking a decrease of 20.76.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 199.86. It has decreased from 220.62 (Mar 23) to 199.86, marking a decrease of 20.76.
• For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 361.61. It has decreased from 428.05 (Mar 23) to 361.61, marking a decrease of 66.44.
• For PBDIT / Share (Rs.), as of Mar 24, the value is 17.88. This value is within the healthy range. It has increased from 9.45 (Mar 23) to 17.88, marking an increase of 8.43.
• For PBIT / Share (Rs.), as of Mar 24, the value is 4.11. This value is within the healthy range. It has increased from -3.16 (Mar 23) to 4.11, marking an increase of 7.27.
• For PBT / Share (Rs.), as of Mar 24, the value is 15.19. This value is within the healthy range. It has increased from -15.05 (Mar 23) to 15.19, marking an increase of 30.24.
• For Net Profit / Share (Rs.), as of Mar 24, the value is 13.27. This value is within the healthy range. It has increased from -15.67 (Mar 23) to 13.27, marking an increase of 28.94.
• For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 17.01. This value is within the healthy range. It has increased from -9.88 (Mar 23) to 17.01, marking an increase of 26.89.
• For PBDIT Margin (%), as of Mar 24, the value is 4.94. This value is below the healthy minimum of 10. It has increased from 2.20 (Mar 23) to 4.94, marking an increase of 2.74.
• For PBIT Margin (%), as of Mar 24, the value is 1.13. This value is below the healthy minimum of 10. It has increased from -0.73 (Mar 23) to 1.13, marking an increase of 1.86.
• For PBT Margin (%), as of Mar 24, the value is 4.20. This value is below the healthy minimum of 10. It has increased from -3.51 (Mar 23) to 4.20, marking an increase of 7.71.
• For Net Profit Margin (%), as of Mar 24, the value is 3.66. This value is below the healthy minimum of 5. It has increased from -3.66 (Mar 23) to 3.66, marking an increase of 7.32.
• For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.70. This value is below the healthy minimum of 8. It has increased from -2.30 (Mar 23) to 4.70, marking an increase of 7.00.
• For Return on Networth / Equity (%), as of Mar 24, the value is 8.50. This value is below the healthy minimum of 15. It has increased from -5.32 (Mar 23) to 8.50, marking an increase of 13.82.
• For Return on Capital Employeed (%), as of Mar 24, the value is 1.35. This value is below the healthy minimum of 10. It has increased from -1.10 (Mar 23) to 1.35, marking an increase of 2.45.
• For Return On Assets (%), as of Mar 24, the value is 3.48. This value is below the healthy minimum of 5. It has increased from -2.13 (Mar 23) to 3.48, marking an increase of 5.61.
• For Long Term Debt / Equity (X), as of Mar 24, the value is 0.29. This value is within the healthy range. It has increased from 0.25 (Mar 23) to 0.29, marking an increase of 0.04.
• For Total Debt / Equity (X), as of Mar 24, the value is 0.83. This value is within the healthy range. It has increased from 0.82 (Mar 23) to 0.83, marking an increase of 0.01.
• For Asset Turnover Ratio (%), as of Mar 24, the value is 0.76. It has decreased from 0.99 (Mar 23) to 0.76, marking a decrease of 0.23.
• For Current Ratio (X), as of Mar 24, the value is 1.15. This value is below the healthy minimum of 1.5. It has increased from 1.12 (Mar 23) to 1.15, marking an increase of 0.03.
• For Quick Ratio (X), as of Mar 24, the value is 0.75. This value is below the healthy minimum of 1. It has increased from 0.71 (Mar 23) to 0.75, marking an increase of 0.04.
• For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.55. This value is below the healthy minimum of 4. It has increased from 3.52 (Mar 23) to 3.55, marking an increase of 0.03.
• For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 2.94. This value is below the healthy minimum of 20. It has increased from -5.05 (Mar 23) to 2.94, marking an increase of 7.99.
• For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 1.62. This value is below the healthy minimum of 20. It has decreased from 18.32 (Mar 23) to 1.62, marking a decrease of 16.70.
• For Earning Retention Ratio (%), as of Mar 24, the value is 97.06. This value exceeds the healthy maximum of 70. It has decreased from 105.05 (Mar 23) to 97.06, marking a decrease of 7.99.
• For Cash Earning Retention Ratio (%), as of Mar 24, the value is 98.38. This value exceeds the healthy maximum of 70. It has increased from 81.68 (Mar 23) to 98.38, marking an increase of 16.70.
• For Interest Coverage Ratio (X), as of Mar 24, the value is 1.68. This value is below the healthy minimum of 3. It has increased from 0.79 (Mar 23) to 1.68, marking an increase of 0.89.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.20. This value is below the healthy minimum of 3. It has increased from -0.31 (Mar 23) to 0.20, marking an increase of 0.51.
• For Enterprise Value (Cr.), as of Mar 24, the value is 606.46. It has increased from 430.98 (Mar 23) to 606.46, marking an increase of 175.48.
• For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.42. This value is within the healthy range. It has increased from 0.85 (Mar 23) to 1.42, marking an increase of 0.57.
• For EV / EBITDA (X), as of Mar 24, the value is 28.78. This value exceeds the healthy maximum of 15. It has decreased from 38.68 (Mar 23) to 28.78, marking a decrease of 9.90.
• For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.89. This value is below the healthy minimum of 1. It has increased from 0.43 (Mar 23) to 0.89, marking an increase of 0.46.
• For Retention Ratios (%), as of Mar 24, the value is 97.05. This value exceeds the healthy maximum of 70. It has decreased from 105.05 (Mar 23) to 97.05, marking a decrease of 8.00.
• For Price / BV (X), as of Mar 24, the value is 1.62. This value is within the healthy range. It has increased from 1.00 (Mar 23) to 1.62, marking an increase of 0.62.
• For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.89. This value is below the healthy minimum of 1. It has increased from 0.43 (Mar 23) to 0.89, marking an increase of 0.46.
• For EarningsYield, as of Mar 24, the value is 0.05. This value is below the healthy minimum of 5. It has increased from -0.05 (Mar 23) to 0.05, marking an increase of 0.10.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Fair Value

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Strength and Weakness