Ashima Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 27, 2025, 1:16 am

Market Cap	575 Cr.
Current Price	30.0
High / Low	51.9/17.0
Stock P/E	5.90
Book Value	16.0
Dividend Yield	0.00 %
ROCE	19.2 %
ROE	35.9 %
Face Value	10.0
PEG Ratio	0.15

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ashima Ltd

Competitors of Ashima Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mohite Industries Ltd	91.2 Cr.	4.54	16.4/3.60	14.9	5.67	0.00 %	6.18 %	2.27 %	1.00
Hisar Spinning Mills Ltd	16.8 Cr.	45.0	84.0/40.8	6.50	62.4	0.00 %	12.5 %	9.50 %	10.0
Rudra Ecovation Ltd	501 Cr.	43.8	82.6/38.0		8.36	0.00 %	1.92 %	4.05 %	1.00
H P Cotton Textile Mills Ltd	36.7 Cr.	93.5	194/82.0		38.5	0.00 %	4.39 %	6.57 %	10.0
Gujarat Hy-Spin Ltd	35.7 Cr.	21.3	25.0/9.00	33.7	11.2	0.00 %	4.31 %	0.90 %	10.0
Industry Average	3,273.08 Cr	176.20		30.48	121.34	0.34%	34.38%	12.56%	7.24

All Competitor Stocks of Ashima Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	68	59	62	49	58	38	53	3	6	146	8	5	2
Expenses	68	61	64	48	57	43	54	0	2	83	2	2	6
Operating Profit	0	-3	-2	1	1	-5	-0	3	4	63	6	3	-4
OPM %	0%	-4%	-3%	1%	2%	-14%	-1%	96%	67%	43%	75%	65%	-174%
Other Income	-1	33	5	1	-2	1	0	-4	1	1	-3	-13	-6
Interest	1	1	1	1	1	0	0	1	1	2	2	2	2
Depreciation	1	1	1	1	1	1	1	0	0	1	0	0	0
Profit before tax	-2	29	1	0	-2	-6	-2	-1	3	61	1	-12	-12
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	-57%	0%	0%	0%
Net Profit	-2	29	1	0	-2	-6	-2	-1	3	96	1	-12	-12
EPS in Rs	-0.10	1.53	0.07	0.01	-0.12	-0.31	-0.08	-0.07	0.18	5.00	0.07	-0.62	-0.60

Last Updated: March 3, 2025, 5:30 pm

Below is a detailed analysis of the quarterly data for Ashima Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5.00 Cr. (Sep 2024) to 2.00 Cr., marking a decrease of 3.00 Cr..
For Expenses, as of Dec 2024, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Sep 2024) to 6.00 Cr., marking an increase of 4.00 Cr..
For Operating Profit, as of Dec 2024, the value is -4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Sep 2024) to -4.00 Cr., marking a decrease of 7.00 Cr..
For OPM %, as of Dec 2024, the value is -174.00%. The value appears to be declining and may need further review. It has decreased from 65.00% (Sep 2024) to -174.00%, marking a decrease of 239.00%.
For Other Income, as of Dec 2024, the value is -6.00 Cr.. The value appears strong and on an upward trend. It has increased from -13.00 Cr. (Sep 2024) to -6.00 Cr., marking an increase of 7.00 Cr..
For Interest, as of Dec 2024, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 2.00 Cr..
For Depreciation, as of Dec 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Profit before tax, as of Dec 2024, the value is -12.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded -12.00 Cr..
For Tax %, as of Dec 2024, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00%.
For Net Profit, as of Dec 2024, the value is -12.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded -12.00 Cr..
For EPS in Rs, as of Dec 2024, the value is -0.60. The value appears strong and on an upward trend. It has increased from -0.62 (Sep 2024) to -0.60, marking an increase of 0.02.

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:13 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	268	268	271	213	193	230	336	285	104	208	207	329	162
Expenses	268	268	268	220	204	241	339	289	121	215	212	260	93
Operating Profit	0	0	4	-7	-12	-11	-4	-4	-17	-6	-5	69	69
OPM %	0%	0%	1%	-3%	-6%	-5%	-1%	-1%	-16%	-3%	-2%	21%	43%
Other Income	1	1	-10	-0	52	148	50	8	10	30	5	2	-21
Interest	2	2	5	12	9	7	8	2	2	2	2	5	7
Depreciation	13	12	5	4	3	4	6	5	3	3	4	4	2
Profit before tax	-14	-13	-16	-24	28	126	33	-3	-12	18	-7	61	39
Tax %	0%	0%	0%	0%	1%	0%	0%	0%	1%	0%	0%	-57%
Net Profit	-14	-13	-16	-24	27	126	33	-3	-12	18	-7	96	74
EPS in Rs	-1.23	-1.13	-1.43	-2.08	2.12	9.85	2.55	-0.26	-0.61	0.93	-0.35	5.03	3.85
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	7.14%	-23.08%	-50.00%	212.50%	366.67%	-73.81%	-109.09%	-300.00%	250.00%	-138.89%	1471.43%
Change in YoY Net Profit Growth (%)	0.00%	-30.22%	-26.92%	262.50%	154.17%	-440.48%	-35.28%	-190.91%	550.00%	-388.89%	1610.32%

Ashima Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	2%
5 Years:	0%
3 Years:	47%
TTM:	60%

Compounded Profit Growth
10 Years:	25%
5 Years:	140%
3 Years:	118%
TTM:	6695%

Stock Price CAGR
10 Years:	16%
5 Years:	49%
3 Years:	31%
1 Year:	38%

Return on Equity
10 Years:	%
5 Years:	5%
3 Years:	10%
Last Year:	36%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:40 am

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	Sep 2024
Equity Capital	33	33	33	33	128	128	93	53	192	192	192	192	192
Reserves	-298	-311	-323	-35	-75	32	134	31	19	36	29	125	115
Borrowings	489	489	560	176	78	29	28	25	23	18	33	124	124
Other Liabilities	42	44	49	48	66	66	66	189	37	73	67	103	97
Total Liabilities	266	255	320	223	198	256	321	298	270	319	320	544	527
Fixed Assets	174	162	145	138	121	105	137	139	134	117	134	131	67
CWIP	0	0	0	0	0	0	0	1	1	8	4	7	0
Investments	0	0	0	0	0	0	15	16	3	13	15	31	41
Other Assets	93	94	175	86	77	151	169	142	132	181	167	375	419
Total Assets	266	255	320	223	198	256	321	298	270	319	320	544	527

Below is a detailed analysis of the balance sheet data for Ashima Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹192.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 192.00 Cr..
For Reserves, as of Sep 2024, the value is ₹115.00 Cr.. The value appears to be declining and may need further review. It has decreased from 125.00 Cr. (Mar 2024) to ₹115.00 Cr., marking a decrease of 10.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹124.00 Cr.. The value remains steady. However, Borrowings exceed Reserves, which may signal higher financial risk. There is no change compared to the previous period (Mar 2024) which recorded 124.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹97.00 Cr.. The value appears to be improving (decreasing). It has decreased from 103.00 Cr. (Mar 2024) to ₹97.00 Cr., marking a decrease of 6.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹527.00 Cr.. The value appears to be improving (decreasing). It has decreased from 544.00 Cr. (Mar 2024) to ₹527.00 Cr., marking a decrease of 17.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹67.00 Cr.. The value appears to be declining and may need further review. It has decreased from 131.00 Cr. (Mar 2024) to ₹67.00 Cr., marking a decrease of 64.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7.00 Cr. (Mar 2024) to ₹0.00 Cr., marking a decrease of 7.00 Cr..
For Investments, as of Sep 2024, the value is ₹41.00 Cr.. The value appears strong and on an upward trend. It has increased from 31.00 Cr. (Mar 2024) to ₹41.00 Cr., marking an increase of 10.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹419.00 Cr.. The value appears strong and on an upward trend. It has increased from 375.00 Cr. (Mar 2024) to ₹419.00 Cr., marking an increase of 44.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹527.00 Cr.. The value appears to be declining and may need further review. It has decreased from 544.00 Cr. (Mar 2024) to ₹527.00 Cr., marking a decrease of 17.00 Cr..

However, the Borrowings (124.00 Cr.) are higher than the Reserves (₹115.00 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.

Reserves and Borrowings Chart

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

Free 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
Free Cash Flow	-489.00	-489.00	-556.00	-183.00	-90.00	-40.00	-32.00	-29.00	-40.00	-24.00	-38.00	-55.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

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
Debtor Days	30	32	43	14	16	24	27	21	50	39	26	54
Inventory Days	147	149	126	176	169	174	157	142	246	236	275	1,490
Days Payable	72	80	90	119	121	152	116	104	172	146	119	390
Cash Conversion Cycle	104	101	79	70	64	47	68	58	124	128	182	1,153
Working Capital Days	64	64	165	47	-13	110	78	80	114	127	116	178
ROCE %	-5%	-5%	-0%	-5%	-9%	-7%	4%	-2%	-6%	-3%	-3%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 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%	0.00%	0.00%	0.03%	0.03%	0.03%	0.10%	0.00%	0.00%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.07%	0.13%	0.13%
Public	26.19%	26.19%	26.20%	26.21%	26.52%	26.51%	26.48%	26.49%	26.48%	26.34%	26.39%	26.38%
No. of Shareholders	24,853	25,110	25,336	24,976	24,429	24,139	24,828	26,562	33,324	40,435	46,513	45,743

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

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

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

For FaceValue, as of Mar 22, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 21) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 22, the value is 0.93. This value is below the healthy minimum of 5. It has increased from -0.60 (Mar 21) to 0.93, marking an increase of 1.53.
For Diluted EPS (Rs.), as of Mar 22, the value is 0.93. This value is below the healthy minimum of 5. It has increased from -0.60 (Mar 21) to 0.93, marking an increase of 1.53.
For Cash EPS (Rs.), as of Mar 22, the value is 1.10. This value is below the healthy minimum of 3. It has increased from -0.37 (Mar 21) to 1.10, marking an increase of 1.47.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 11.80. It has increased from 10.91 (Mar 21) to 11.80, marking an increase of 0.89.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 11.80. It has increased from 10.91 (Mar 21) to 11.80, marking an increase of 0.89.
For Revenue From Operations / Share (Rs.), as of Mar 22, the value is 10.82. It has increased from 7.38 (Mar 21) to 10.82, marking an increase of 3.44.
For PBDIT / Share (Rs.), as of Mar 22, the value is -0.23. This value is below the healthy minimum of 2. It has decreased from -0.19 (Mar 21) to -0.23, marking a decrease of 0.04.
For PBIT / Share (Rs.), as of Mar 22, the value is -0.39. This value is below the healthy minimum of 0. It has increased from -0.43 (Mar 21) to -0.39, marking an increase of 0.04.
For PBT / Share (Rs.), as of Mar 22, the value is 1.35. This value is within the healthy range. It has increased from -0.60 (Mar 21) to 1.35, marking an increase of 1.95.
For Net Profit / Share (Rs.), as of Mar 22, the value is 0.93. This value is below the healthy minimum of 2. It has increased from -0.61 (Mar 21) to 0.93, marking an increase of 1.54.
For NP After MI And SOA / Share (Rs.), as of Mar 22, the value is 0.93. This value is below the healthy minimum of 2. It has increased from -0.59 (Mar 21) to 0.93, marking an increase of 1.52.
For PBDIT Margin (%), as of Mar 22, the value is -2.18. This value is below the healthy minimum of 10. It has increased from -2.67 (Mar 21) to -2.18, marking an increase of 0.49.
For PBIT Margin (%), as of Mar 22, the value is -3.68. This value is below the healthy minimum of 10. It has increased from -5.95 (Mar 21) to -3.68, marking an increase of 2.27.
For PBT Margin (%), as of Mar 22, the value is 12.46. This value is within the healthy range. It has increased from -8.19 (Mar 21) to 12.46, marking an increase of 20.65.
For Net Profit Margin (%), as of Mar 22, the value is 8.64. This value is within the healthy range. It has increased from -8.31 (Mar 21) to 8.64, marking an increase of 16.95.
For NP After MI And SOA Margin (%), as of Mar 22, the value is 8.64. This value is within the healthy range. It has increased from -8.10 (Mar 21) to 8.64, marking an increase of 16.74.
For Return on Networth / Equity (%), as of Mar 22, the value is 7.92. This value is below the healthy minimum of 15. It has increased from -5.48 (Mar 21) to 7.92, marking an increase of 13.40.
For Return on Capital Employeed (%), as of Mar 22, the value is -3.17. This value is below the healthy minimum of 10. It has increased from -3.68 (Mar 21) to -3.17, marking an increase of 0.51.
For Return On Assets (%), as of Mar 22, the value is 5.64. This value is within the healthy range. It has increased from -4.26 (Mar 21) to 5.64, marking an increase of 9.90.
For Long Term Debt / Equity (X), as of Mar 22, the value is 0.03. This value is below the healthy minimum of 0.2. It has decreased from 0.05 (Mar 21) to 0.03, marking a decrease of 0.02.
For Total Debt / Equity (X), as of Mar 22, the value is 0.04. This value is within the healthy range. It has decreased from 0.05 (Mar 21) to 0.04, marking a decrease of 0.01.
For Asset Turnover Ratio (%), as of Mar 22, the value is 0.70. It has increased from 0.50 (Mar 21) to 0.70, marking an increase of 0.20.
For Current Ratio (X), as of Mar 22, the value is 2.29. This value is within the healthy range. It has decreased from 3.04 (Mar 21) to 2.29, marking a decrease of 0.75.
For Quick Ratio (X), as of Mar 22, the value is 1.28. This value is within the healthy range. It has decreased from 2.14 (Mar 21) to 1.28, marking a decrease of 0.86.
For Inventory Turnover Ratio (X), as of Mar 22, the value is 2.39. This value is below the healthy minimum of 4. It has increased from 1.24 (Mar 21) to 2.39, marking an increase of 1.15.
For Interest Coverage Ratio (X), as of Mar 22, the value is -1.98. This value is below the healthy minimum of 3. It has decreased from -1.20 (Mar 21) to -1.98, marking a decrease of 0.78.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 22, the value is -3.34. This value is below the healthy minimum of 3. It has decreased from -2.71 (Mar 21) to -3.34, marking a decrease of 0.63.
For Enterprise Value (Cr.), as of Mar 22, the value is 261.65. It has decreased from 269.33 (Mar 21) to 261.65, marking a decrease of 7.68.
For EV / Net Operating Revenue (X), as of Mar 22, the value is 1.26. This value is within the healthy range. It has decreased from 1.90 (Mar 21) to 1.26, marking a decrease of 0.64.
For EV / EBITDA (X), as of Mar 22, the value is -57.63. This value is below the healthy minimum of 5. It has increased from -71.06 (Mar 21) to -57.63, marking an increase of 13.43.
For MarketCap / Net Operating Revenue (X), as of Mar 22, the value is 1.30. This value is within the healthy range. It has decreased from 2.15 (Mar 21) to 1.30, marking a decrease of 0.85.
For Price / BV (X), as of Mar 22, the value is 1.20. This value is within the healthy range. It has decreased from 1.45 (Mar 21) to 1.20, marking a decrease of 0.25.
For Price / Net Operating Revenue (X), as of Mar 22, the value is 1.31. This value is within the healthy range. It has decreased from 2.15 (Mar 21) to 1.31, marking a decrease of 0.84.
For EarningsYield, as of Mar 22, the value is 0.06. This value is below the healthy minimum of 5. It has increased from -0.03 (Mar 21) to 0.06, marking an increase of 0.09.

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

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ashima Ltd as of April 28, 2025 is: 27.65

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 28, 2025, Ashima Ltd is Overvalued by 7.83% compared to the current share price 30.00

Intrinsic Value of Ashima Ltd as of April 28, 2025 is: 38.83

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 28, 2025, Ashima Ltd is Undervalued by 29.43% compared to the current share price 30.00

Last 5 Year EPS CAGR: 40.42%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (236.46 cr) and profit (16.62 cr) over the years.	The stock has a low average ROCE of -1.83%, which may not be favorable. The stock has a high average Working Capital Days of 94.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 85.50, which may not be favorable. The company has higher borrowings (168.92) compared to reserves (-40.08), which may suggest financial risk.

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 Ashima Ltd:
1. Net Profit Margin: 8.64%
  - 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.
2. ROCE: -3.17% (Industry Average ROCE: 34.38%)
  - 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.
3. ROE%: 7.92% (Industry Average ROE: 12.56%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -3.34
  - 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.
5. Quick Ratio: 1.28
  - 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.
6. Stock P/E: 5.9 (Industry average Stock P/E: 30.48)
  - 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.
7. Total Debt / Equity: 0.04
  - 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

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. 329.44 Cr. and Equity Capital is Rs. 191.66 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Textiles - Spinning - Cotton Blended	Texcellence Complex, Khokhara - Mehmedabad, Ahmedabad Gujarat 380021	texcellence@ashima.in http://www.ashima.in

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

FAQ

What is the intrinsic value of Ashima Ltd?

Ashima Ltd's intrinsic value (as of 27 April 2025) is ₹27.65 — 7.83% lower the current market price of 30.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 575 Cr. market cap, FY2025-2026 high/low of ₹51.9/17.0, reserves of 115 Cr, and liabilities of 527 Cr.

What is the Market Cap of Ashima Ltd?

The Market Cap of Ashima Ltd is 575 Cr..

What is the current Stock Price of Ashima Ltd as on 27 April 2025?

The current stock price of Ashima Ltd as on 27 April 2025 is 30.0.

What is the High / Low of Ashima Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Ashima Ltd stocks is ₹51.9/17.0.

What is the Stock P/E of Ashima Ltd?

The Stock P/E of Ashima Ltd is 5.90.

What is the Book Value of Ashima Ltd?

The Book Value of Ashima Ltd is 16.0.

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.