Asian Star Company Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 7, 2025, 11:08 pm

Market Cap	1,182 Cr.
Current Price	738
High / Low	997/682
Stock P/E	17.8
Book Value	965
Dividend Yield	0.20 %
ROCE	6.17 %
ROE	5.04 %
Face Value	10.0
PEG Ratio	23.89

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Asian Star Company Ltd

Competitors of Asian Star Company Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mishka Exim Ltd	36.6 Cr.	25.3	70.5/25.2	69.0	15.1	0.00 %	2.06 %	1.22 %	10.0
Motisons Jewellers Ltd	1,711 Cr.	17.4	33.8/12.7	40.3	3.50	0.00 %	16.6 %	13.9 %	1.00
Nanavati Ventures Ltd	44.8 Cr.	95.9	99.9/35.9	71.1	47.7	0.00 %	1.82 %	1.30 %	10.0
Gautam Gems Ltd	17.3 Cr.	4.24	11.4/4.13	158	12.5	0.00 %	2.04 %	1.01 %	10.0
Eighty Jewellers Ltd	31.7 Cr.	31.1	64.1/29.5	14.7	26.0	0.00 %	8.28 %	5.90 %	10.0
Industry Average	1,823.00 Cr	99.89		46.32	94.12	0.05%	7.43%	5.90%	6.29

All Competitor Stocks of Asian Star Company 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	1,151	1,260	1,265	1,327	808	1,078	924	922	691	986	759	654	688
Expenses	1,116	1,224	1,226	1,284	779	1,041	894	890	664	958	732	628	666
Operating Profit	36	36	39	42	29	38	30	32	27	28	27	26	23
OPM %	3%	3%	3%	3%	4%	3%	3%	3%	4%	3%	4%	4%	3%
Other Income	-5	-5	-7	4	-2	-4	6	-3	11	8	8	8	4
Interest	2	1	2	5	6	10	5	6	10	10	10	9	8
Depreciation	4	3	3	3	3	3	3	3	3	3	3	3	3
Profit before tax	25	26	27	38	18	21	28	20	25	23	21	22	16
Tax %	18%	17%	20%	19%	27%	19%	17%	16%	27%	20%	18%	14%	29%
Net Profit	21	22	22	31	13	17	24	17	18	19	17	19	11
EPS in Rs	13.52	13.77	13.44	19.02	8.31	10.86	14.29	11.03	11.26	11.66	11.54	10.73	7.52

Last Updated: February 28, 2025, 3:21 pm

Below is a detailed analysis of the quarterly data for Asian Star Company 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 ₹688.00 Cr.. The value appears strong and on an upward trend. It has increased from 654.00 Cr. (Sep 2024) to ₹688.00 Cr., marking an increase of ₹34.00 Cr..
For Expenses, as of Dec 2024, the value is ₹666.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 628.00 Cr. (Sep 2024) to ₹666.00 Cr., marking an increase of ₹38.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 26.00 Cr. (Sep 2024) to ₹23.00 Cr., marking a decrease of 3.00 Cr..
For OPM %, as of Dec 2024, the value is 3.00%. The value appears to be declining and may need further review. It has decreased from 4.00% (Sep 2024) to 3.00%, marking a decrease of 1.00%.
For Other Income, 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 8.00 Cr. (Sep 2024) to ₹4.00 Cr., marking a decrease of 4.00 Cr..
For Interest, as of Dec 2024, the value is ₹8.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 9.00 Cr. (Sep 2024) to ₹8.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 3.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹16.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22.00 Cr. (Sep 2024) to ₹16.00 Cr., marking a decrease of 6.00 Cr..
For Tax %, as of Dec 2024, the value is 29.00%. The value appears to be increasing, which may not be favorable. It has increased from 14.00% (Sep 2024) to 29.00%, marking an increase of 15.00%.
For Net Profit, as of Dec 2024, the value is ₹11.00 Cr.. The value appears to be declining and may need further review. It has decreased from 19.00 Cr. (Sep 2024) to ₹11.00 Cr., marking a decrease of 8.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 7.52. The value appears to be declining and may need further review. It has decreased from ₹10.73 (Sep 2024) to 7.52, marking a decrease of ₹3.21.

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 6, 2025, 1:58 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	2,462	3,250	3,221	3,302	3,494	3,905	3,642	3,051	2,544	4,423	4,478	3,523	3,088
Expenses	2,370	3,117	3,081	3,169	3,362	3,730	3,460	2,931	2,480	4,289	4,327	3,403	2,983
Operating Profit	92	133	140	133	132	175	183	120	65	134	151	120	105
OPM %	4%	4%	4%	4%	4%	4%	5%	4%	3%	3%	3%	3%	3%
Other Income	3	2	7	-1	7	3	1	-4	14	2	-11	29	27
Interest	24	28	30	25	31	35	30	22	5	9	23	40	37
Depreciation	9	10	16	16	18	17	17	16	15	14	12	12	12
Profit before tax	62	97	101	91	90	127	137	78	59	113	105	97	82
Tax %	24%	20%	19%	18%	27%	14%	15%	19%	-8%	17%	21%	20%
Net Profit	48	78	82	74	66	109	116	63	64	94	83	78	66
EPS in Rs	29.84	48.71	51.20	46.43	41.31	68.18	71.80	39.61	39.94	58.62	51.63	48.25	41.45
Dividend Payout %	5%	3%	3%	3%	4%	2%	2%	4%	4%	3%	3%	3%

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 (%)	62.50%	5.13%	-9.76%	-10.81%	65.15%	6.42%	-45.69%	1.59%	46.88%	-11.70%	-6.02%
Change in YoY Net Profit Growth (%)	0.00%	-57.37%	-14.88%	-1.05%	75.96%	-58.73%	-52.11%	47.28%	45.29%	-58.58%	5.68%

Asian Star Company 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:	1%
5 Years:	-1%
3 Years:	11%
TTM:	-15%

Compounded Profit Growth
10 Years:	0%
5 Years:	-8%
3 Years:	4%
TTM:	-13%

Stock Price CAGR
10 Years:	-2%
5 Years:	-1%
3 Years:	-5%
1 Year:	-8%

Return on Equity
10 Years:	8%
5 Years:	6%
3 Years:	6%
Last Year:	5%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:48 pm

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	16	16	16	16	16	16	16	16	16	16	16	16	16
Reserves	456	534	613	767	824	968	1,058	1,147	1,196	1,297	1,418	1,493	1,529
Borrowings	822	1,002	905	1,123	978	844	690	663	549	691	628	741	578
Other Liabilities	362	259	474	467	418	489	295	208	287	428	446	462	346
Total Liabilities	1,656	1,811	2,008	2,373	2,236	2,317	2,059	2,034	2,048	2,433	2,507	2,713	2,469
Fixed Assets	155	174	165	266	310	291	279	267	253	228	218	223	216
CWIP	17	17	27	29	0	0	0	0	0	0	1	0	0
Investments	4	1	1	1	32	65	72	66	85	83	64	80	83
Other Assets	1,480	1,618	1,814	2,076	1,893	1,961	1,708	1,700	1,710	2,122	2,225	2,410	2,170
Total Assets	1,656	1,811	2,008	2,373	2,236	2,317	2,059	2,034	2,048	2,433	2,507	2,713	2,469

Below is a detailed analysis of the balance sheet data for Asian Star Company 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 ₹16.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹16.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,529.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,493.00 Cr. (Mar 2024) to ₹1,529.00 Cr., marking an increase of 36.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹578.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹741.00 Cr. (Mar 2024) to ₹578.00 Cr., marking a decrease of 163.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹346.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹462.00 Cr. (Mar 2024) to ₹346.00 Cr., marking a decrease of 116.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,469.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹2,713.00 Cr. (Mar 2024) to ₹2,469.00 Cr., marking a decrease of 244.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹216.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹223.00 Cr. (Mar 2024) to ₹216.00 Cr., marking a decrease of 7.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Investments, as of Sep 2024, the value is ₹83.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹80.00 Cr. (Mar 2024) to ₹83.00 Cr., marking an increase of 3.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹2,170.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹2,410.00 Cr. (Mar 2024) to ₹2,170.00 Cr., marking a decrease of 240.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,469.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹2,713.00 Cr. (Mar 2024) to ₹2,469.00 Cr., marking a decrease of 244.00 Cr..

Notably, the Reserves (₹1,529.00 Cr.) exceed the Borrowings (578.00 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.

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 +	-63	-71	152	118	63	278	128	105	116	-176	94	-66
Cash from Investing Activity +	-23	-23	-11	-81	-57	-34	-12	-4	-1	16	6	-4
Cash from Financing Activity +	136	155	-133	202	-175	-134	-208	-71	-123	132	-87	67
Net Cash Flow	50	62	8	239	-170	110	-93	29	-7	-28	13	-3

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	-730.00	132.00	-765.00	132.00	-846.00	-669.00	-507.00	-543.00	-484.00	-557.00	-477.00	-621.00

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	97	84	100	96	90	86	77	80	116	86	86	113
Inventory Days	94	58	79	56	75	61	67	80	81	54	73	114
Days Payable	35	19	37	39	40	25	24	19	37	34	35	47
Cash Conversion Cycle	156	123	141	113	125	122	120	141	160	107	123	180
Working Capital Days	147	130	128	132	127	105	116	144	163	118	123	174
ROCE %	7%	9%	8%	7%	6%	9%	9%	6%	4%	7%	7%	6%

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	74.66%	74.66%	74.65%	74.65%	74.65%	74.65%	74.65%	74.65%	74.65%	74.65%	74.65%	74.66%
DIIs	4.33%	4.33%	4.33%	4.33%	4.33%	4.33%	4.33%	4.26%	4.24%	4.24%	4.21%	4.21%
Public	21.01%	21.01%	21.00%	21.00%	21.01%	21.01%	21.01%	21.08%	21.09%	21.10%	21.13%	21.13%
No. of Shareholders	696	714	784	786	784	778	786	892	916	950	1,104	1,113

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	48.25	51.63	58.62	39.94	39.61
Diluted EPS (Rs.)	48.25	51.63	58.62	39.94	39.61
Cash EPS (Rs.)	55.87	59.61	67.53	49.28	49.44
Book Value[Excl.RevalReserv]/Share (Rs.)	942.69	895.59	820.53	757.11	726.60
Book Value[Incl.RevalReserv]/Share (Rs.)	942.69	895.59	820.53	757.11	726.60
Revenue From Operations / Share (Rs.)	2201.12	2797.72	2762.95	1589.57	1907.27
PBDIT / Share (Rs.)	91.57	86.18	86.06	50.87	70.83
PBIT / Share (Rs.)	84.16	78.42	77.29	41.59	60.85
PBT / Share (Rs.)	60.66	65.48	70.68	37.08	48.49
Net Profit / Share (Rs.)	48.47	51.85	58.75	40.01	39.46
NP After MI And SOA / Share (Rs.)	48.25	51.63	58.62	39.94	39.61
PBDIT Margin (%)	4.16	3.08	3.11	3.19	3.71
PBIT Margin (%)	3.82	2.80	2.79	2.61	3.19
PBT Margin (%)	2.75	2.34	2.55	2.33	2.54
Net Profit Margin (%)	2.20	1.85	2.12	2.51	2.06
NP After MI And SOA Margin (%)	2.19	1.84	2.12	2.51	2.07
Return on Networth / Equity (%)	5.10	5.75	7.13	5.26	5.45
Return on Capital Employeed (%)	8.33	8.16	8.74	5.05	7.62
Return On Assets (%)	2.84	3.29	3.85	3.12	3.11
Long Term Debt / Equity (X)	0.03	0.03	0.03	0.04	0.04
Total Debt / Equity (X)	0.49	0.43	0.52	0.45	0.57
Asset Turnover Ratio (%)	1.35	1.81	1.52	0.91	1.17
Current Ratio (X)	2.25	2.33	2.12	2.38	2.26
Quick Ratio (X)	1.41	1.54	1.56	1.72	1.52
Inventory Turnover Ratio (X)	2.23	3.54	3.33	1.82	2.88
Dividend Payout Ratio (NP) (%)	3.10	2.90	2.55	3.75	3.78
Dividend Payout Ratio (CP) (%)	2.69	2.52	2.22	3.04	3.02
Earning Retention Ratio (%)	96.90	97.10	97.45	96.25	96.22
Cash Earning Retention Ratio (%)	97.31	97.48	97.78	96.96	96.98
Interest Coverage Ratio (X)	3.90	6.93	26.12	22.82	5.77
Interest Coverage Ratio (Post Tax) (X)	3.06	5.21	19.84	19.97	4.22
Enterprise Value (Cr.)	1625.90	1412.23	1581.40	1474.58	1462.72
EV / Net Operating Revenue (X)	0.46	0.31	0.35	0.57	0.47
EV / EBITDA (X)	11.09	10.24	11.48	18.11	12.90
MarketCap / Net Operating Revenue (X)	0.34	0.24	0.27	0.49	0.37
Retention Ratios (%)	96.89	97.09	97.44	96.24	96.21
Price / BV (X)	0.79	0.76	0.91	1.04	0.98
Price / Net Operating Revenue (X)	0.34	0.24	0.27	0.49	0.37
EarningsYield	0.06	0.07	0.07	0.05	0.05

After reviewing the key financial ratios for Asian Star Company 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 48.25. This value is within the healthy range. It has decreased from 51.63 (Mar 23) to 48.25, marking a decrease of 3.38.
For Diluted EPS (Rs.), as of Mar 24, the value is 48.25. This value is within the healthy range. It has decreased from 51.63 (Mar 23) to 48.25, marking a decrease of 3.38.
For Cash EPS (Rs.), as of Mar 24, the value is 55.87. This value is within the healthy range. It has decreased from 59.61 (Mar 23) to 55.87, marking a decrease of 3.74.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 942.69. It has increased from 895.59 (Mar 23) to 942.69, marking an increase of 47.10.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 942.69. It has increased from 895.59 (Mar 23) to 942.69, marking an increase of 47.10.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 2,201.12. It has decreased from 2,797.72 (Mar 23) to 2,201.12, marking a decrease of 596.60.
For PBDIT / Share (Rs.), as of Mar 24, the value is 91.57. This value is within the healthy range. It has increased from 86.18 (Mar 23) to 91.57, marking an increase of 5.39.
For PBIT / Share (Rs.), as of Mar 24, the value is 84.16. This value is within the healthy range. It has increased from 78.42 (Mar 23) to 84.16, marking an increase of 5.74.
For PBT / Share (Rs.), as of Mar 24, the value is 60.66. This value is within the healthy range. It has decreased from 65.48 (Mar 23) to 60.66, marking a decrease of 4.82.
For Net Profit / Share (Rs.), as of Mar 24, the value is 48.47. This value is within the healthy range. It has decreased from 51.85 (Mar 23) to 48.47, marking a decrease of 3.38.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 48.25. This value is within the healthy range. It has decreased from 51.63 (Mar 23) to 48.25, marking a decrease of 3.38.
For PBDIT Margin (%), as of Mar 24, the value is 4.16. This value is below the healthy minimum of 10. It has increased from 3.08 (Mar 23) to 4.16, marking an increase of 1.08.
For PBIT Margin (%), as of Mar 24, the value is 3.82. This value is below the healthy minimum of 10. It has increased from 2.80 (Mar 23) to 3.82, marking an increase of 1.02.
For PBT Margin (%), as of Mar 24, the value is 2.75. This value is below the healthy minimum of 10. It has increased from 2.34 (Mar 23) to 2.75, marking an increase of 0.41.
For Net Profit Margin (%), as of Mar 24, the value is 2.20. This value is below the healthy minimum of 5. It has increased from 1.85 (Mar 23) to 2.20, marking an increase of 0.35.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 2.19. This value is below the healthy minimum of 8. It has increased from 1.84 (Mar 23) to 2.19, marking an increase of 0.35.
For Return on Networth / Equity (%), as of Mar 24, the value is 5.10. This value is below the healthy minimum of 15. It has decreased from 5.75 (Mar 23) to 5.10, marking a decrease of 0.65.
For Return on Capital Employeed (%), as of Mar 24, the value is 8.33. This value is below the healthy minimum of 10. It has increased from 8.16 (Mar 23) to 8.33, marking an increase of 0.17.
For Return On Assets (%), as of Mar 24, the value is 2.84. This value is below the healthy minimum of 5. It has decreased from 3.29 (Mar 23) to 2.84, marking a decrease of 0.45.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.03.
For Total Debt / Equity (X), as of Mar 24, the value is 0.49. This value is within the healthy range. It has increased from 0.43 (Mar 23) to 0.49, marking an increase of 0.06.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.35. It has decreased from 1.81 (Mar 23) to 1.35, marking a decrease of 0.46.
For Current Ratio (X), as of Mar 24, the value is 2.25. This value is within the healthy range. It has decreased from 2.33 (Mar 23) to 2.25, marking a decrease of 0.08.
For Quick Ratio (X), as of Mar 24, the value is 1.41. This value is within the healthy range. It has decreased from 1.54 (Mar 23) to 1.41, marking a decrease of 0.13.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.23. This value is below the healthy minimum of 4. It has decreased from 3.54 (Mar 23) to 2.23, marking a decrease of 1.31.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 3.10. This value is below the healthy minimum of 20. It has increased from 2.90 (Mar 23) to 3.10, marking an increase of 0.20.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 2.69. This value is below the healthy minimum of 20. It has increased from 2.52 (Mar 23) to 2.69, marking an increase of 0.17.
For Earning Retention Ratio (%), as of Mar 24, the value is 96.90. This value exceeds the healthy maximum of 70. It has decreased from 97.10 (Mar 23) to 96.90, marking a decrease of 0.20.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 97.31. This value exceeds the healthy maximum of 70. It has decreased from 97.48 (Mar 23) to 97.31, marking a decrease of 0.17.
For Interest Coverage Ratio (X), as of Mar 24, the value is 3.90. This value is within the healthy range. It has decreased from 6.93 (Mar 23) to 3.90, marking a decrease of 3.03.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.06. This value is within the healthy range. It has decreased from 5.21 (Mar 23) to 3.06, marking a decrease of 2.15.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,625.90. It has increased from 1,412.23 (Mar 23) to 1,625.90, marking an increase of 213.67.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.46. This value is below the healthy minimum of 1. It has increased from 0.31 (Mar 23) to 0.46, marking an increase of 0.15.
For EV / EBITDA (X), as of Mar 24, the value is 11.09. This value is within the healthy range. It has increased from 10.24 (Mar 23) to 11.09, marking an increase of 0.85.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.34. This value is below the healthy minimum of 1. It has increased from 0.24 (Mar 23) to 0.34, marking an increase of 0.10.
For Retention Ratios (%), as of Mar 24, the value is 96.89. This value exceeds the healthy maximum of 70. It has decreased from 97.09 (Mar 23) to 96.89, marking a decrease of 0.20.
For Price / BV (X), as of Mar 24, the value is 0.79. This value is below the healthy minimum of 1. It has increased from 0.76 (Mar 23) to 0.79, marking an increase of 0.03.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.34. This value is below the healthy minimum of 1. It has increased from 0.24 (Mar 23) to 0.34, marking an increase of 0.10.
For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 23) to 0.06, marking a decrease of 0.01.

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 Asian Star Company Ltd as of March 12, 2025 is: ₹693.96

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 March 12, 2025, Asian Star Company Ltd is Overvalued by 5.97% compared to the current share price 738.00

Intrinsic Value of Asian Star Company Ltd as of March 12, 2025 is: 699.13

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 March 12, 2025, Asian Star Company Ltd is Overvalued by 5.27% compared to the current share price 738.00

Last 5 Year EPS CAGR: 0.74%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (1,023.08 cr) compared to borrowings (785.69 cr), indicating strong financial stability. The company has shown consistent growth in sales (3.00 cr) and profit (95.31 cr) over the years.	The stock has a low average ROCE of 7.08%, which may not be favorable. The stock has a high average Working Capital Days of 133.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 134.25, which may not be favorable.

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 Asian Star Company Ltd:
1. Net Profit Margin: 2.2%
  - 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: 8.33% (Industry Average ROCE: 7.43%)
  - 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%: 5.1% (Industry Average ROE: 5.9%)
  - 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): 3.06
  - 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: 1.41
  - 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: 17.8 (Industry average Stock P/E: 46.32)
  - 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: 0.49
  - 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

Asian Star Company Ltd. is a Public Limited Listed company incorporated on 02/03/1995 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L36910MH1995PLC086017 and registration number is 086017. Currently Company is involved in the business activities of Manufacture of jewellery and related articles. Company's Total Operating Revenue is Rs. 2698.34 Cr. and Equity Capital is Rs. 16.01 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Gems, Jewellery & Precious Metals	114-C, Mittal Court, 'C' Wing, Nariman Point, Mumbai Maharashtra 400021	secretarial@asianstargroup.com http://www.asianstargroup.com

Management
Name	Position Held
Mr. Arvind T Shah	Chairman,WTD & CFO
Mr. Vipul P Shah	Managing Director & CEO
Mr. Rahil V Shah	Whole Time Director
Mrs. Neha R Gada	Director
Mr. Priyanshu A Shah	Director
Mr. Dharmesh D Shah	Director
Mr. Kartikeya G Desai	Director
Mr. Navtej H Singh	Director
Mr. Jayantilal D Parmar	Director
Mr. Kunal S Todarwal	Director

FAQ

What is the latest intrinsic value of Asian Star Company Ltd?

The latest intrinsic value of Asian Star Company Ltd as on 09 March 2025 is ₹693.96, which is 5.97% lower than the current market price of 738.00, indicating the stock is overvalued by 5.97%. The intrinsic value of Asian Star Company Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹1,182 Cr. and recorded a high/low of ₹997/682 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,529 Cr and total liabilities of ₹2,469 Cr.

What is the Market Cap of Asian Star Company Ltd?

The Market Cap of Asian Star Company Ltd is 1,182 Cr..

What is the current Stock Price of Asian Star Company Ltd as on 09 March 2025?

The current stock price of Asian Star Company Ltd as on 09 March 2025 is ₹738.

What is the High / Low of Asian Star Company Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Asian Star Company Ltd stocks is ₹997/682.

What is the Stock P/E of Asian Star Company Ltd?

The Stock P/E of Asian Star Company Ltd is 17.8.

What is the Book Value of Asian Star Company Ltd?

The Book Value of Asian Star Company Ltd is 965.

What is the Dividend Yield of Asian Star Company Ltd?

The Dividend Yield of Asian Star Company Ltd is 0.20 %.

What is the ROCE of Asian Star Company Ltd?

The ROCE of Asian Star Company Ltd is 6.17 %.

What is the ROE of Asian Star Company Ltd?

The ROE of Asian Star Company Ltd is 5.04 %.

What is the Face Value of Asian Star Company Ltd?

The Face Value of Asian Star Company Ltd is 10.0.