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Last Updated on: 22 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Ashima Ltd

About the Company - Ashima Ltd

Ashima Ltd. is a Public Limited Listed company incorporated on 17/06/1982 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L99999GJ1982PLC005253 and registration number is 005253. Currently Company is involved in the business activities of Weaving, manufacture of cotton and cotton mixture fabrics.. Company’s Total Operating Revenue is Rs. 207.37 Cr. and Equity Capital is Rs. 191.66 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton BlendedTexcellence Complex, Khokhara - Mehmedabad, Ahmedabad Gujarat 380021texcellence@ashima.in
http://www.ashima.in
Management
NamePosition Held
Mr. Chintan N ParikhChairman & Managing Director
Mr. Krishnachintan C ParikhExecutive Director
Mr. Shrikant PareekDirector - Operations
Mr. Neeraj GolasIndependent Director
Mr. Sanjay S MajmudarIndependent Director
Dr. Bakul H DholakiaIndependent Director
Mrs. Koushlya V MelwaniIndependent Director

Ashima Ltd. Share Price Update

Share PriceValue
Today₹18.24
Previous Day₹18.73

Basic Stock Data of Ashima Ltd

Last Updated: April 8, 2024, 5:08 am

Market Cap 384 Cr.
Current Price 20.0
High / Low26.3/12.0
Stock P/E
Book Value 11.3
Dividend Yield0.00 %
ROCE2.74 %
ROE3.59 %
Face Value 10.0

Data Source: screener.in

Ashima Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales48.6638.1326.6154.7167.7358.6662.0148.6658.1638.1653.3550.7779.08
Expenses53.4837.8834.8653.9267.6361.2963.6048.0356.9343.3253.7050.6273.09
Operating Profit-4.820.25-8.250.790.10-2.63-1.590.631.23-5.16-0.350.155.99
OPM %-9.91%0.66%-31.00%1.44%0.15%-4.48%-2.56%1.29%2.11%-13.52%-0.66%0.30%7.57%
Other Income4.562.100.750.34-0.7133.284.661.09-1.910.770.290.450.36
Interest0.960.530.530.690.560.560.620.540.610.480.440.781.71
Depreciation1.180.801.120.790.780.721.031.031.041.031.071.091.20
Profit before tax-2.401.02-9.15-0.35-1.9529.371.420.15-2.33-5.90-1.57-1.273.44
Tax %0.00%16.67%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-2.400.85-9.15-0.35-1.9529.371.420.15-2.33-5.90-1.57-1.273.44
EPS in Rs-0.130.04-0.48-0.02-0.101.530.070.01-0.12-0.31-0.08-0.070.18

Last Updated: April 6, 2024, 9:26 am

Ashima Ltd Quarterly Chart

Ashima Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales245268268271213193230336285104208207200
Expenses243268268268220204241339289121215212205
Operating Profit2004-7-12-11-4-4-17-6-5-4
OPM %1%0%0%1%-3%-6%-5%-1%-1%-16%-3%-2%-2%
Other Income111-10-05214850810305-0
Interest12251297822222
Depreciation1313125434653344
Profit before tax-12-14-13-16-242812633-3-1218-7-11
Tax %0%0%0%0%0%1%0%0%0%-1%0%0%
Net Profit-12-14-13-16-242712633-3-1218-7-11
EPS in Rs-1.05-1.23-1.13-1.43-2.082.129.852.55-0.26-0.610.93-0.35-0.58
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Ashima Ltd Profit & Loss Yearly Chart

Ashima Ltd Growth

Compounded Sales Growth
10 Years:-3%
5 Years:-2%
3 Years:-10%
TTM:-3%
Compounded Profit Growth
10 Years:4%
5 Years:9%
3 Years:-10%
TTM:-20%
Stock Price CAGR
10 Years:20%
5 Years:10%
3 Years:5%
1 Year:33%
Return on Equity
10 Years:%
5 Years:-5%
3 Years:-6%
Last Year:-4%

Last Updated: April 8, 2024, 5:08 am

Ashima Ltd Balance Sheet

Last Updated: April 22, 2024, 12:18 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital33333333331281289353192192192192
Reserves-284-298-311-323-35-75321343119362926
Preference Capital20202020200566778
Borrowings4714684685401567824231916112580
Other Liabilities4663657069667271195448075109
Total Liabilities266266255320223198256321298270319320407
Fixed Assets186174162145138121105137139134117134133
CWIP0000000011847
Investments000000015163131522
Other Assets8093941758677151169142132181167245
Total Assets266266255320223198256321298270319320407

Ashima Ltd Reserves and Borrowings Chart

Ashima Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -01167-12-8-264-8-26-24
Cash from Investing Activity 1-121-667705513-73716
Cash from Financing Activity -0-20-6-4-62-58-24-2013-613
Net Cash Flow0-231-3-846-2-265

Ashima Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days353032431416242721503926
Inventory Days115147149126176169174157142246236260
Days Payable33728090119121152116104172146113
Cash Conversion Cycle117104101797064476858124128173
Working Capital Days74646416547-131107880114127116
ROCE %-4%-5%-5%-0%-5%-9%-7%4%-2%-6%-3%-3%

Ashima Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Ashima Ltd Shareholding Pattern Chart

No. of Ashima Ltd Shareholders

This stock is not held by any mutual fund

Ashima Ltd ROCE Trend

Ashima Ltd EPS Trend

Ashima Ltd Key Financial Ratios

MonthMar 22Mar 21Mar 20Mar 19Mar 11
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.93-0.60-0.181.70-2.26
Diluted EPS (Rs.)0.93-0.60-0.181.70-2.26
Cash EPS (Rs.)1.10-0.370.374.120.00
Book Value[Excl.RevalReserv]/Share (Rs.)11.8010.9115.5024.240.00
Book Value[Incl.RevalReserv]/Share (Rs.)11.8010.9115.5024.240.00
Revenue From Operations / Share (Rs.)10.827.3853.6836.120.00
PBDIT / Share (Rs.)-0.23-0.190.751.500.00
PBIT / Share (Rs.)-0.39-0.43-0.250.890.00
PBT / Share (Rs.)1.35-0.60-0.633.520.00
Net Profit / Share (Rs.)0.93-0.61-0.633.520.00
NP After MI And SOA / Share (Rs.)0.93-0.59-0.633.510.00
PBDIT Margin (%)-2.18-2.671.404.144.52
PBIT Margin (%)-3.68-5.95-0.472.48-1.04
PBT Margin (%)12.46-8.19-1.189.76-1.38
Net Profit Margin (%)8.64-8.31-1.189.76-1.99
NP After MI And SOA Margin (%)8.64-8.10-1.189.71-1.99
Return on Networth / Equity (%)7.92-5.48-4.1014.480.00
Return on Capital Employeed (%)-3.17-3.68-0.553.330.00
Return On Assets (%)5.64-4.26-1.1410.210.00
Long Term Debt / Equity (X)0.030.050.180.080.00
Total Debt / Equity (X)0.040.050.180.080.00
Asset Turnover Ratio (%)0.700.490.920.000.00
Current Ratio (X)2.293.042.752.460.00
Quick Ratio (X)1.282.141.641.390.00
Inventory Turnover Ratio (X)2.391.242.060.000.00
Interest Coverage Ratio (X)-1.98-1.201.981.75-3.03
Interest Coverage Ratio (Post Tax) (X)-3.34-2.71-0.661.05-3.04
Enterprise Value (Cr.)261.65269.3321.39119.010.00
EV / Net Operating Revenue (X)1.261.900.070.350.00
EV / EBITDA (X)-57.63-71.065.328.560.00
MarketCap / Net Operating Revenue (X)1.302.150.050.330.00
Price / BV (X)1.201.450.200.490.00
Price / Net Operating Revenue (X)1.312.150.050.330.00
EarningsYield0.06-0.03-0.190.290.00

Ashima Ltd Profitability Ratios (%)

Ashima Ltd Liquidity Ratios

Ashima Ltd Liquidity Ratios (%)

Ashima Ltd Interest Coverage Ratios (%)

Ashima Ltd Valuation Ratios

Strength and Weakness of Ashima Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (232.92 cr) and profit (7.15 cr) over the years.
  1. The stock has a low average ROCE of -3.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 85.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 94.42, which may not be favorable.
  4. The company has higher borrowings (10.69) compared to reserves (-78.38), which may suggest financial risk.

FAQ

What is the latest fair value of Ashima Ltd?

The latest fair value of Ashima Ltd is 0.00.

What is the Market Cap of Ashima Ltd?

The Market Cap of Ashima Ltd is 384 Cr..

What is the current Stock Price of Ashima Ltd as on 13 April 2024?

The current stock price of Ashima Ltd as on 13 April 2024 is 20.0.

What is the High / Low of Ashima Ltd stocks in FY 2024?

In FY 2024, the High / Low of Ashima Ltd stocks is ₹26.3/12.0.

What is the Stock P/E of Ashima Ltd?

The Stock P/E of Ashima Ltd is .

What is the Book Value of Ashima Ltd?

The Book Value of Ashima Ltd is 11.3.

What is the Dividend Yield of Ashima Ltd?

The Dividend Yield of Ashima Ltd is 0.00 %.

What is the ROCE of Ashima Ltd?

The ROCE of Ashima Ltd is 2.74 %.

What is the ROE of Ashima Ltd?

The ROE of Ashima Ltd is 3.59 %.

What is the Face Value of Ashima Ltd?

The Face Value of Ashima Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ashima Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE