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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of ASL Industries Ltd

About the Company - ASL Industries Ltd

ASL Industries Ltd. is a Public Limited Listed company incorporated on 20/02/1992 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L36900WB1992PLC099901 and registration number is 099901. Currently company belongs to the Industry of Forgings. Company’s Total Operating Revenue is Rs. 8.20 Cr. and Equity Capital is Rs. 10.42 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Forgings7B, Punwani Chambers, 1st Floor, Kiran Shankar Ray Road, Kolkata West Bengal 700001cs@aslindustries.in
http://www.aslindustries.in
Management
NamePosition Held
Mr. Ankit GoyalManaging Director
Mr. Dilip Kumar GoyalNon Executive Director
Ms. Jayshree GoyalNon Executive Director
Mr. Ashish LodhaIndependent Director
Mr. Murari Lal KhandelwalIndependent Director

Basic Stock Data of ASL Industries Ltd

Last Updated: April 8, 2024, 5:14 am

Market Cap 53.0 Cr.
Current Price 50.9
High / Low80.0/16.6
Stock P/E36.1
Book Value 33.8
Dividend Yield0.00 %
ROCE6.40 %
ROE4.81 %
Face Value 10.0
PEG Ratio-4.10

ASL Industries Ltd Quarterly Results

MonthMar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales25.098.894.537.243.220.957.250.000.000.00
Expenses24.699.984.328.633.471.127.670.210.220.10
Operating Profit0.40-1.090.21-1.39-0.25-0.17-0.42-0.21-0.22-0.10
OPM %1.59%-12.26%4.64%-19.20%-7.76%-17.89%-5.79%
Other Income0.055.43-0.220.552.290.921.631.211.400.74
Interest1.451.090.450.000.000.000.000.000.000.00
Depreciation1.810.180.160.130.090.000.000.000.000.00
Profit before tax-2.813.07-0.62-0.971.950.751.211.001.180.64
Tax %25.98%-6.84%-82.26%27.84%44.10%32.00%15.70%25.00%25.42%25.00%
Net Profit-2.073.27-1.13-0.701.090.511.010.750.880.48
EPS in Rs-1.993.14-1.08-0.671.050.490.970.720.840.46

Last Updated: May 11, 2024, 11:49 am

ASL Industries Ltd Quarterly Chart

ASL Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales53.0440.5531.2544.7455.6656.4570.7667.2713.4210.468.15-0.020.00
Expenses49.0438.9029.8541.3550.0648.5467.8565.3814.2912.108.740.410.32
Operating Profit4.001.651.403.395.607.912.911.89-0.87-1.64-0.59-0.43-0.32
OPM %7.54%4.07%4.48%7.58%10.06%14.01%4.11%2.81%-6.48%-15.68%-7.24%
Other Income0.060.130.140.240.290.210.460.165.212.842.552.612.14
Interest1.561.491.481.792.373.733.162.961.550.000.000.000.00
Depreciation1.691.281.171.752.923.403.433.830.350.220.010.010.00
Profit before tax0.81-0.99-1.110.090.600.99-3.22-4.742.440.981.952.171.82
Tax %33.33%32.32%27.93%111.11%20.00%49.49%31.06%28.27%11.89%60.20%22.56%25.35%
Net Profit0.53-0.67-0.790.000.480.49-2.22-3.402.150.391.511.631.36
EPS in Rs13.14-16.60-19.580.006.300.64-2.13-3.262.060.371.451.561.30
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

ASL Industries Ltd Profit & Loss Yearly Chart

ASL Industries Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-100%
Compounded Profit Growth
10 Years:16%
5 Years:22%
3 Years:42%
TTM:-16%
Stock Price CAGR
10 Years:%
5 Years:30%
3 Years:55%
1 Year:159%
Return on Equity
10 Years:-2%
5 Years:-1%
3 Years:3%
Last Year:5%

Last Updated: April 8, 2024, 5:14 am

ASL Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital4.044.044.047.627.627.6210.4210.4210.4210.4210.4210.4210.42
Reserves10.579.909.1117.5817.9818.4823.2619.7521.2321.1622.6724.3124.79
Borrowings12.6613.5612.0421.3631.0433.0928.4226.020.000.000.000.000.00
Other Liabilities4.294.795.119.6710.0512.1013.457.114.550.440.060.370.05
Total Liabilities31.5632.2930.3056.2366.6971.2975.5563.3036.2032.0233.1535.1035.26
Fixed Assets18.6718.0917.5232.9837.8737.5937.9340.492.730.030.030.020.02
CWIP0.090.150.151.662.105.405.670.000.000.000.000.000.00
Investments0.020.040.040.040.040.040.040.040.040.040.040.040.04
Other Assets12.7814.0112.5921.5526.6828.2631.9122.7733.4331.9533.0835.0435.20
Total Assets31.5632.2930.3056.2366.6971.2975.5563.3036.2032.0233.1535.1035.26

ASL Industries Ltd Reserves and Borrowings Chart

ASL Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4.932.814.16-4.260.2613.15-2.424.62-17.24-4.25-0.690.36
Cash from Investing Activity -3.26-0.63-0.45-18.84-5.49-6.44-3.76-0.8542.894.130.020.00
Cash from Financing Activity -1.690.28-6.1023.545.88-7.245.98-4.23-24.960.000.000.00
Net Cash Flow-0.022.47-2.390.440.65-0.54-0.20-0.460.68-0.12-0.670.36

ASL Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days14.524.6811.6831.7435.1536.1439.4126.5397.64130.864.03-547.50
Inventory Days67.5193.55136.30131.67178.21213.35172.40116.14281.740.000.000.00
Days Payable19.2628.8746.5024.5076.33107.3690.3243.3812.20
Cash Conversion Cycle62.7769.36101.48138.91137.03142.13121.4999.29367.17130.864.03-547.50
Working Capital Days54.1651.9472.5359.2382.7647.1465.8754.64715.041,062.201,465.82621,777.50
ROCE %8.89%1.83%1.40%5.24%6.01%8.20%-0.35%-2.89%-0.75%-0.09%6.03%6.40%

ASL Industries Ltd Financial Efficiency Indicators Chart

ASL Industries Ltd Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Promoters70.98%70.98%70.88%70.88%70.88%70.89%71.01%26.24%26.24%26.24%26.24%26.24%
Public29.02%29.02%29.11%29.12%29.12%29.10%28.99%73.76%73.76%73.76%73.76%73.77%
No. of Shareholders125131127123886368949291101105

ASL Industries Ltd Shareholding Pattern Chart

No. of ASL Industries Ltd Shareholders

This stock is not held by any mutual fund

ASL Industries Ltd ROCE Trend

ASL Industries Ltd EPS Trend

ASL Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.571.450.331.42-3.27
Diluted EPS (Rs.)1.571.450.331.42-3.27
Cash EPS (Rs.)1.571.460.582.390.41
Book Value[Excl.RevalReserv]/Share (Rs.)33.3431.7730.3130.3828.96
Book Value[Incl.RevalReserv]/Share (Rs.)33.3431.7730.3130.3828.96
Revenue From Operations / Share (Rs.)0.007.8710.0412.8864.58
PBDIT / Share (Rs.)2.101.880.180.002.02
PBIT / Share (Rs.)2.091.87-0.02-0.33-1.66
PBT / Share (Rs.)2.091.870.942.34-4.56
Net Profit / Share (Rs.)1.561.450.372.06-3.27
PBDIT Margin (%)0.0023.881.82-0.013.12
PBIT Margin (%)0.0023.81-0.23-2.61-2.57
PBT Margin (%)0.0023.819.3918.16-7.05
Net Profit Margin (%)0.0018.473.7415.98-5.05
Return on Networth / Equity (%)4.694.571.246.78-11.27
Return on Capital Employeed (%)6.275.90-0.07-1.10-4.40
Return On Assets (%)4.644.561.225.92-5.37
Long Term Debt / Equity (X)0.000.000.000.000.30
Total Debt / Equity (X)0.000.000.000.000.77
Asset Turnover Ratio (%)0.000.250.300.260.97
Current Ratio (X)92.92502.9171.397.030.83
Quick Ratio (X)92.92502.9171.395.300.23
Inventory Turnover Ratio (X)0.000.002.920.292.65
Interest Coverage Ratio (X)0.000.00166.130.000.71
Interest Coverage Ratio (Post Tax) (X)0.000.00-535.55-0.41-0.13
Enterprise Value (Cr.)26.8239.6816.097.1139.85
EV / Net Operating Revenue (X)0.004.841.540.520.59
EV / EBITDA (X)12.2720.2684.28-2767.7718.94
MarketCap / Net Operating Revenue (X)0.004.831.590.610.24
Price / BV (X)0.771.200.520.260.55
Price / Net Operating Revenue (X)0.004.831.590.610.24
EarningsYield0.060.030.020.25-0.20

ASL Industries Ltd Profitability Ratios (%)

ASL Industries Ltd Liquidity Ratios

ASL Industries Ltd Liquidity Ratios (%)

ASL Industries Ltd Interest Coverage Ratios (%)

ASL Industries Ltd Valuation Ratios

Strength and Weakness of ASL Industries Ltd Stock

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.39 and average Dividend Yield of 8.86%.
  2. The company has higher reserves (18.52 cr) compared to borrowings (13.71 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (34.75 cr) and profit (0.14 cr) over the years.
  1. The stock has a low average ROCE of 3.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 152.19, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 68.92, which may not be favorable.

FAQ

What is the latest fair value of ASL Industries Ltd?

The latest fair value of ASL Industries Ltd is 0.00.

What is the Market Cap of ASL Industries Ltd?

The Market Cap of ASL Industries Ltd is 53.0 Cr..

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

The current stock price of ASL Industries Ltd as on 13 April 2024 is 50.9.

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

In FY 2024, the High / Low of ASL Industries Ltd stocks is ₹80.0/16.6.

What is the Stock P/E of ASL Industries Ltd?

The Stock P/E of ASL Industries Ltd is 36.1.

What is the Book Value of ASL Industries Ltd?

The Book Value of ASL Industries Ltd is 33.8.

What is the Dividend Yield of ASL Industries Ltd?

The Dividend Yield of ASL Industries Ltd is 0.00 %.

What is the ROCE of ASL Industries Ltd?

The ROCE of ASL Industries Ltd is 6.40 %.

What is the ROE of ASL Industries Ltd?

The ROE of ASL Industries Ltd is 4.81 %.

What is the Face Value of ASL Industries Ltd?

The Face Value of ASL Industries 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 ASL Industries 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