Last Updated on: 27 July, 2024
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.
| Management |
|---|
| Name | Position Held |
|---|
| Mr. Chintan N Parikh | Chairman & Managing Director |
| Mr. Krishnachintan C Parikh | Executive Director |
| Mr. Shrikant Pareek | Director - Operations |
| Mr. Neeraj Golas | Independent Director |
| Mr. Sanjay S Majmudar | Independent Director |
| Dr. Bakul H Dholakia | Independent Director |
| Mrs. Koushlya V Melwani | Independent Director |
Basic Stock Data of Ashima Ltd
Last Updated: July 26, 2024, 10:59 pm
| Market Cap | 884 Cr. |
|---|
| Current Price | 46.1 |
|---|
| High / Low | 51.9/12.0 |
|---|
| Stock P/E | 9.16 |
|---|
| Book Value | 16.5 |
|---|
| Dividend Yield | 0.00 % |
|---|
| ROCE | 19.2 % |
|---|
| ROE | 35.9 % |
|---|
| Face Value | 10.0 |
|---|
| PEG Ratio | -1.70 |
|---|
Data Source: screener.in
Ashima Ltd Quarterly Results
| Month | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|
| Sales | 48.66 | 38.13 | 26.61 | 54.71 | 67.73 | 58.66 | 62.01 | 48.66 | 58.16 | 38.16 | 53.35 | 50.77 | 79.08 |
| Expenses | 53.48 | 37.88 | 34.86 | 53.92 | 67.63 | 61.29 | 63.60 | 48.03 | 56.93 | 43.32 | 53.70 | 50.62 | 73.09 |
| Operating Profit | -4.82 | 0.25 | -8.25 | 0.79 | 0.10 | -2.63 | -1.59 | 0.63 | 1.23 | -5.16 | -0.35 | 0.15 | 5.99 |
| 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 Income | 4.56 | 2.10 | 0.75 | 0.34 | -0.71 | 33.28 | 4.66 | 1.09 | -1.91 | 0.77 | 0.29 | 0.45 | 0.36 |
| Interest | 0.96 | 0.53 | 0.53 | 0.69 | 0.56 | 0.56 | 0.62 | 0.54 | 0.61 | 0.48 | 0.44 | 0.78 | 1.71 |
| Depreciation | 1.18 | 0.80 | 1.12 | 0.79 | 0.78 | 0.72 | 1.03 | 1.03 | 1.04 | 1.03 | 1.07 | 1.09 | 1.20 |
| Profit before tax | -2.40 | 1.02 | -9.15 | -0.35 | -1.95 | 29.37 | 1.42 | 0.15 | -2.33 | -5.90 | -1.57 | -1.27 | 3.44 |
| 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 | -2.40 | 0.85 | -9.15 | -0.35 | -1.95 | 29.37 | 1.42 | 0.15 | -2.33 | -5.90 | -1.57 | -1.27 | 3.44 |
| EPS in Rs | -0.13 | 0.04 | -0.48 | -0.02 | -0.10 | 1.53 | 0.07 | 0.01 | -0.12 | -0.31 | -0.08 | -0.07 | 0.18 |
Last Updated: July 11, 2024, 8:45 am
Ashima Ltd Quarterly Chart
Ashima Ltd Profit & Loss
Last Updated: July 10, 2024, 3:10 pm
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|
| Sales | 245 | 268 | 268 | 271 | 213 | 193 | 230 | 336 | 285 | 104 | 208 | 207 | 200 |
| Expenses | 243 | 268 | 268 | 268 | 220 | 204 | 241 | 339 | 289 | 121 | 215 | 212 | 205 |
| Operating Profit | 2 | 0 | 0 | 4 | -7 | -12 | -11 | -4 | -4 | -17 | -6 | -5 | -4 |
| OPM % | 1% | 0% | 0% | 1% | -3% | -6% | -5% | -1% | -1% | -16% | -3% | -2% | -2% |
| Other Income | 1 | 1 | 1 | -10 | -0 | 52 | 148 | 50 | 8 | 10 | 30 | 5 | -0 |
| Interest | 1 | 2 | 2 | 5 | 12 | 9 | 7 | 8 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 13 | 13 | 12 | 5 | 4 | 3 | 4 | 6 | 5 | 3 | 3 | 4 | 4 |
| Profit before tax | -12 | -14 | -13 | -16 | -24 | 28 | 126 | 33 | -3 | -12 | 18 | -7 | -11 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 1% | 0% | 0% | 0% | -1% | 0% | 0% | |
| Net Profit | -12 | -14 | -13 | -16 | -24 | 27 | 126 | 33 | -3 | -12 | 18 | -7 | -11 |
| EPS in Rs | -1.05 | -1.23 | -1.13 | -1.43 | -2.08 | 2.12 | 9.85 | 2.55 | -0.26 | -0.61 | 0.93 | -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: | 2% |
| 5 Years: | 0% |
| 3 Years: | 47% |
| TTM: | 59% |
|
| Compounded Profit Growth |
|---|
| 10 Years: | 25% |
| 5 Years: | 140% |
| 3 Years: | 118% |
| TTM: | 1300% |
|
| Stock Price CAGR |
|---|
| 10 Years: | 20% |
| 5 Years: | 45% |
| 3 Years: | 33% |
| 1 Year: | 247% |
|
| Return on Equity |
|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 10% |
| Last Year: | 36% |
Last Updated: July 26, 2024, 5:29 pm
Ashima Ltd Balance Sheet
Last Updated: July 10, 2024, 3:10 pm
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
|---|
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 128 | 128 | 93 | 53 | 192 | 192 | 192 | 192 |
| Reserves | -284 | -298 | -311 | -323 | -35 | -75 | 32 | 134 | 31 | 19 | 36 | 29 | 26 |
| Preference Capital | 20 | 20 | 20 | 20 | 20 | 0 | 5 | 6 | 6 | 7 | 7 | 8 | |
| Borrowings | 471 | 468 | 468 | 540 | 156 | 78 | 24 | 23 | 19 | 16 | 11 | 25 | 80 |
| Other Liabilities | 46 | 63 | 65 | 70 | 69 | 66 | 72 | 71 | 195 | 44 | 80 | 75 | 109 |
| Total Liabilities | 266 | 266 | 255 | 320 | 223 | 198 | 256 | 321 | 298 | 270 | 319 | 320 | 407 |
| Fixed Assets | 186 | 174 | 162 | 145 | 138 | 121 | 105 | 137 | 139 | 134 | 117 | 134 | 133 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 8 | 4 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 16 | 3 | 13 | 15 | 22 |
| Other Assets | 80 | 93 | 94 | 175 | 86 | 77 | 151 | 169 | 142 | 132 | 181 | 167 | 245 |
| Total Assets | 266 | 266 | 255 | 320 | 223 | 198 | 256 | 321 | 298 | 270 | 319 | 320 | 407 |
Ashima Ltd Reserves and Borrowings Chart
Ashima Ltd Cash Flow
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|
| Cash from Operating Activity | 1 | 1 | 6 | 7 | -12 | -8 | -26 | 4 | -8 | -26 | -24 | -38 |
| Cash from Investing Activity | -1 | 2 | 1 | -6 | 67 | 70 | 55 | 13 | -7 | 37 | 16 | -4 |
| Cash from Financing Activity | -2 | 0 | -6 | -4 | -62 | -58 | -24 | -20 | 13 | -6 | 13 | 86 |
| Net Cash Flow | -2 | 3 | 1 | -3 | -8 | 4 | 6 | -2 | -2 | 6 | 5 | 44 |
|
Ashima Ltd Financial Efficiency Indicators
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|
| Debtor Days | 35 | 30 | 32 | 43 | 14 | 16 | 24 | 27 | 21 | 50 | 39 | 26 |
| Inventory Days | 115 | 147 | 149 | 126 | 176 | 169 | 174 | 157 | 142 | 246 | 236 | 260 |
| Days Payable | 33 | 72 | 80 | 90 | 119 | 121 | 152 | 116 | 104 | 172 | 146 | 113 |
| Cash Conversion Cycle | 117 | 104 | 101 | 79 | 70 | 64 | 47 | 68 | 58 | 124 | 128 | 173 |
| Working Capital Days | 74 | 64 | 64 | 165 | 47 | -13 | 110 | 78 | 80 | 114 | 127 | 116 |
| ROCE % | -4% | -5% | -5% | -0% | -5% | -9% | -7% | 4% | -2% | -6% | -3% | -3% |
Ashima Ltd Financial Efficiency Indicators Chart
Ashima Ltd Share Holding Pattern
| Month | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|
| Promoters | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% |
| FIIs | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.00% | 0.00% | 0.03% | 0.03% | 0.03% |
| Public | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.20% | 26.21% | 26.52% | 26.51% | 26.48% | 26.49% | 26.48% |
| No. of Shareholders | 21,006 | 20,742 | 22,128 | 24,853 | 25,110 | 25,336 | 24,976 | 24,429 | 24,139 | 24,828 | 26,562 | 33,324 |
Ashima Ltd Shareholding Pattern Chart
No. of Ashima Ltd Shareholders
This stock is not held by any mutual fund
Ashima Ltd Key Financial Ratios
| Month | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 11 |
|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 0.93 | -0.60 | -0.18 | 1.70 | -2.26 |
| Diluted EPS (Rs.) | 0.93 | -0.60 | -0.18 | 1.70 | -2.26 |
| Cash EPS (Rs.) | 1.10 | -0.37 | 0.37 | 4.12 | 0.00 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 11.80 | 10.91 | 15.50 | 24.24 | 0.00 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 11.80 | 10.91 | 15.50 | 24.24 | 0.00 |
| Revenue From Operations / Share (Rs.) | 10.82 | 7.38 | 53.68 | 36.12 | 0.00 |
| PBDIT / Share (Rs.) | -0.23 | -0.19 | 0.75 | 1.50 | 0.00 |
| PBIT / Share (Rs.) | -0.39 | -0.43 | -0.25 | 0.89 | 0.00 |
| PBT / Share (Rs.) | 1.35 | -0.60 | -0.63 | 3.52 | 0.00 |
| Net Profit / Share (Rs.) | 0.93 | -0.61 | -0.63 | 3.52 | 0.00 |
| NP After MI And SOA / Share (Rs.) | 0.93 | -0.59 | -0.63 | 3.51 | 0.00 |
| PBDIT Margin (%) | -2.18 | -2.67 | 1.40 | 4.14 | 4.52 |
| PBIT Margin (%) | -3.68 | -5.95 | -0.47 | 2.48 | -1.04 |
| PBT Margin (%) | 12.46 | -8.19 | -1.18 | 9.76 | -1.38 |
| Net Profit Margin (%) | 8.64 | -8.31 | -1.18 | 9.76 | -1.99 |
| NP After MI And SOA Margin (%) | 8.64 | -8.10 | -1.18 | 9.71 | -1.99 |
| Return on Networth / Equity (%) | 7.92 | -5.48 | -4.10 | 14.48 | 0.00 |
| Return on Capital Employeed (%) | -3.17 | -3.68 | -0.55 | 3.33 | 0.00 |
| Return On Assets (%) | 5.64 | -4.26 | -1.14 | 10.21 | 0.00 |
| Long Term Debt / Equity (X) | 0.03 | 0.05 | 0.18 | 0.08 | 0.00 |
| Total Debt / Equity (X) | 0.04 | 0.05 | 0.18 | 0.08 | 0.00 |
| Asset Turnover Ratio (%) | 0.70 | 0.50 | 0.92 | 0.00 | 0.00 |
| Current Ratio (X) | 2.29 | 3.04 | 2.75 | 2.46 | 0.00 |
| Quick Ratio (X) | 1.28 | 2.14 | 1.64 | 1.39 | 0.00 |
| Inventory Turnover Ratio (X) | 2.39 | 1.24 | 2.06 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | -1.98 | -1.20 | 1.98 | 1.75 | -3.03 |
| Interest Coverage Ratio (Post Tax) (X) | -3.34 | -2.71 | -0.66 | 1.05 | -3.04 |
| Enterprise Value (Cr.) | 261.65 | 269.33 | 21.39 | 119.01 | 0.00 |
| EV / Net Operating Revenue (X) | 1.26 | 1.90 | 0.07 | 0.35 | 0.00 |
| EV / EBITDA (X) | -57.63 | -71.06 | 5.32 | 8.56 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 1.30 | 2.15 | 0.05 | 0.33 | 0.00 |
| Price / BV (X) | 1.20 | 1.45 | 0.20 | 0.49 | 0.00 |
| Price / Net Operating Revenue (X) | 1.31 | 2.15 | 0.05 | 0.33 | 0.00 |
| EarningsYield | 0.06 | -0.03 | -0.19 | 0.29 | 0.00 |
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
| Strength | Weakness |
|---|
- The company has shown consistent growth in sales (232.92 cr) and profit (7.15 cr) over the years.
| - The stock has a low average ROCE of -3.75%, which may not be favorable.
- The stock has a high average Working Capital Days of 85.50, which may not be favorable.
- The stock has a high average Cash Conversion Cycle of 94.42, which may not be favorable.
- The company has higher borrowings (172.67) compared to reserves (-53.00), 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 884 Cr..
What is the current Stock Price of Ashima Ltd as on 27 July 2024?
The current stock price of Ashima Ltd as on 27 July 2024 is 46.1.
What is the High / Low of Ashima Ltd stocks in FY 2024?
In FY 2024, the High / Low of Ashima Ltd stocks is 51.9/12.0.
What is the Stock P/E of Ashima Ltd?
The Stock P/E of Ashima Ltd is 9.16.
What is the Book Value of Ashima Ltd?
The Book Value of Ashima Ltd is 16.5.
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 19.2 %.
What is the ROE of Ashima Ltd?
The ROE of Ashima Ltd is 35.9 %.
What is the Face Value of Ashima Ltd?
The Face Value of Ashima Ltd is 10.0.
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 
