Asi Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 8:12 pm

Market Cap	315 Cr.
Current Price	35.0
High / Low	65.9/22.3
Stock P/E	12.4
Book Value	39.1
Dividend Yield	1.00 %
ROCE	10.6 %
ROE	7.54 %
Face Value	1.00
PEG Ratio	0.58

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Asi Industries Ltd

Competitors of Asi Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Ganesha Ecoverse Ltd	82.4 Cr.	33.5	62.6/0.00		22.0	0.00 %	2.55 %	4.62 %	10.0
Foundry Fuel Products Ltd	5.30 Cr.	6.61	14.0/4.83		1.55	0.00 %	%	%	10.0
Deccan Gold Mines Ltd	2,274 Cr.	145	179/85.3		14.0	0.00 %	23.8 %	15.5 %	1.00
Asi Industries Ltd	315 Cr.	35.0	65.9/22.3	12.4	39.1	1.00 %	10.6 %	7.54 %	1.00
Anmol India Ltd	99.9 Cr.	17.6	39.0/14.0	14.3	18.9	0.00 %	9.83 %	6.72 %	10.0
Industry Average	41,645.31 Cr	582.26		66.06	89.38	1.70%	19.04%	16.77%	5.18

All Competitor Stocks of Asi Industries Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	46.31	35.46	15.18	44.06	42.91	35.55	17.89	45.73	45.52	34.40	23.31	49.24	47.81
Expenses	66.46	32.06	18.68	31.55	33.23	30.50	21.62	33.60	39.08	30.94	25.11	34.64	39.73
Operating Profit	-20.15	3.40	-3.50	12.51	9.68	5.05	-3.73	12.13	6.44	3.46	-1.80	14.60	8.08
OPM %	-43.51%	9.59%	-23.06%	28.39%	22.56%	14.21%	-20.85%	26.53%	14.15%	10.06%	-7.72%	29.65%	16.90%
Other Income	0.93	1.68	1.73	2.77	4.46	2.28	3.95	4.04	11.96	3.64	4.20	5.22	6.28
Interest	1.84	0.73	0.67	0.67	0.61	0.50	0.61	0.53	0.59	0.42	0.37	0.40	0.54
Depreciation	3.12	1.41	1.27	1.30	1.31	1.32	1.19	1.36	1.15	1.15	1.14	1.24	1.20
Profit before tax	-24.18	2.94	-3.71	13.31	12.22	5.51	-1.58	14.28	16.66	5.53	0.89	18.18	12.62
Tax %	-39.45%	27.55%	-5.12%	37.94%	14.81%	23.23%	3.80%	29.55%	25.09%	29.66%	42.70%	33.06%	29.56%
Net Profit	-14.65	2.13	-3.51	8.26	10.40	4.23	-1.64	10.06	12.47	3.88	0.50	12.18	8.89
EPS in Rs	-1.63	0.24	-0.39	0.92	1.15	0.47	-0.18	1.12	1.38	0.43	0.06	1.35	0.99

Last Updated: May 31, 2025, 6:54 am

Below is a detailed analysis of the quarterly data for Asi Industries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 47.81 Cr.. The value appears to be declining and may need further review. It has decreased from 49.24 Cr. (Dec 2024) to 47.81 Cr., marking a decrease of 1.43 Cr..
For Expenses, as of Mar 2025, the value is 39.73 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 34.64 Cr. (Dec 2024) to 39.73 Cr., marking an increase of 5.09 Cr..
For Operating Profit, as of Mar 2025, the value is 8.08 Cr.. The value appears to be declining and may need further review. It has decreased from 14.60 Cr. (Dec 2024) to 8.08 Cr., marking a decrease of 6.52 Cr..
For OPM %, as of Mar 2025, the value is 16.90%. The value appears to be declining and may need further review. It has decreased from 29.65% (Dec 2024) to 16.90%, marking a decrease of 12.75%.
For Other Income, as of Mar 2025, the value is 6.28 Cr.. The value appears strong and on an upward trend. It has increased from 5.22 Cr. (Dec 2024) to 6.28 Cr., marking an increase of 1.06 Cr..
For Interest, as of Mar 2025, the value is 0.54 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.40 Cr. (Dec 2024) to 0.54 Cr., marking an increase of 0.14 Cr..
For Depreciation, as of Mar 2025, the value is 1.20 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.24 Cr. (Dec 2024) to 1.20 Cr., marking a decrease of 0.04 Cr..
For Profit before tax, as of Mar 2025, the value is 12.62 Cr.. The value appears to be declining and may need further review. It has decreased from 18.18 Cr. (Dec 2024) to 12.62 Cr., marking a decrease of 5.56 Cr..
For Tax %, as of Mar 2025, the value is 29.56%. The value appears to be improving (decreasing) as expected. It has decreased from 33.06% (Dec 2024) to 29.56%, marking a decrease of 3.50%.
For Net Profit, as of Mar 2025, the value is 8.89 Cr.. The value appears to be declining and may need further review. It has decreased from 12.18 Cr. (Dec 2024) to 8.89 Cr., marking a decrease of 3.29 Cr..
For EPS in Rs, as of Mar 2025, the value is 0.99. The value appears to be declining and may need further review. It has decreased from 1.35 (Dec 2024) to 0.99, marking a decrease of 0.36.

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	175	131	209	172	235	239	181	143	173	202	138	145	152
Expenses	142	104	172	141	206	211	148	139	148	191	113	125	130
Operating Profit	33	26	37	31	29	29	33	5	25	11	24	20	23
OPM %	19%	20%	18%	18%	12%	12%	18%	3%	15%	5%	18%	14%	15%
Other Income	2	3	9	9	11	7	7	5	3	1	9	22	25
Interest	7	6	8	12	9	8	7	8	6	12	3	2	2
Depreciation	8	8	6	5	5	6	6	6	7	22	5	5	5
Profit before tax	19	16	31	23	26	22	27	-5	16	-22	25	35	41
Tax %	33%	35%	41%	38%	29%	33%	29%	-33%	30%	-34%	30%	28%
Net Profit	13	10	18	14	18	14	19	-3	11	-15	17	25	29
EPS in Rs	1.57	1.21	2.22	1.73	2.18	1.75	2.30	-0.37	1.22	-1.62	1.92	2.79	3.22
Dividend Payout %	13%	16%	11%	14%	14%	17%	13%	0%	0%	0%	10%	13%

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 (%)	-23.08%	80.00%	-22.22%	28.57%	-22.22%	35.71%	-115.79%	466.67%	-236.36%	213.33%	47.06%
Change in YoY Net Profit Growth (%)	0.00%	103.08%	-102.22%	50.79%	-50.79%	57.94%	-151.50%	582.46%	-703.03%	449.70%	-166.27%

Asi Industries 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:	-3%
5 Years:	2%
3 Years:	-8%
TTM:	7%

Compounded Profit Growth
10 Years:	4%
5 Years:	59%
3 Years:	64%
TTM:	8%

Stock Price CAGR
10 Years:	12%
5 Years:	33%
3 Years:	37%
1 Year:	37%

Return on Equity
10 Years:	5%
5 Years:	4%
3 Years:	7%
Last Year:	8%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:49 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	7	7	7	7	8	8	8	9	9	9	9	9	9
Reserves	162	170	185	199	218	229	244	278	298	281	298	313	314
Borrowings	60	43	90	104	127	119	158	236	248	64	29	29	5
Other Liabilities	54	23	92	46	36	25	22	34	49	23	26	19	29
Total Liabilities	283	243	374	356	390	382	432	558	604	377	362	370	358
Fixed Assets	175	167	160	160	162	172	170	186	392	174	167	165	168
CWIP	0	0	0	2	0	0	12	193	6	0	1	3	0
Investments	0	4	2	28	38	36	35	55	70	86	60	85	56
Other Assets	107	71	212	165	189	173	215	124	136	117	134	116	133
Total Assets	283	243	374	356	390	382	432	558	604	377	362	370	358

Below is a detailed analysis of the balance sheet data for Asi Industries 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 9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 9.00 Cr..
For Reserves, as of Sep 2024, the value is 314.00 Cr.. The value appears strong and on an upward trend. It has increased from 313.00 Cr. (Mar 2024) to 314.00 Cr., marking an increase of 1.00 Cr..
For Borrowings, as of Sep 2024, the value is 5.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 29.00 Cr. (Mar 2024) to 5.00 Cr., marking a decrease of 24.00 Cr..
For Other Liabilities, as of Sep 2024, the value is 29.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.00 Cr. (Mar 2024) to 29.00 Cr., marking an increase of 10.00 Cr..
For Total Liabilities, as of Sep 2024, the value is 358.00 Cr.. The value appears to be improving (decreasing). It has decreased from 370.00 Cr. (Mar 2024) to 358.00 Cr., marking a decrease of 12.00 Cr..
For Fixed Assets, as of Sep 2024, the value is 168.00 Cr.. The value appears strong and on an upward trend. It has increased from 165.00 Cr. (Mar 2024) to 168.00 Cr., marking an increase of 3.00 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 3.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 3.00 Cr..
For Investments, as of Sep 2024, the value is 56.00 Cr.. The value appears to be declining and may need further review. It has decreased from 85.00 Cr. (Mar 2024) to 56.00 Cr., marking a decrease of 29.00 Cr..
For Other Assets, as of Sep 2024, the value is 133.00 Cr.. The value appears strong and on an upward trend. It has increased from 116.00 Cr. (Mar 2024) to 133.00 Cr., marking an increase of 17.00 Cr..
For Total Assets, as of Sep 2024, the value is 358.00 Cr.. The value appears to be declining and may need further review. It has decreased from 370.00 Cr. (Mar 2024) to 358.00 Cr., marking a decrease of 12.00 Cr..

Notably, the Reserves (314.00 Cr.) exceed the Borrowings (5.00 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

No data available for this post.

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	-27.00	-17.00	-53.00	-73.00	-98.00	-90.00	-125.00	-231.00	-223.00	-53.00	-5.00	-9.00

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	146	116	204	162	144	120	170	172	167	106	168	119
Inventory Days	76	214	50	74	41	69	175	155	168	114
Days Payable	181	0	265	185	31	2	6	26	55	27
Cash Conversion Cycle	40	330	-11	50	154	187	339	300	281	193	168	119
Working Capital Days	66	99	181	116	153	143	174	150	160	139	233	200
ROCE %	12%	9%	15%	11%	10%	8%	9%	1%	4%	-1%	9%	10%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	72.51%	72.51%	72.51%	72.51%	72.51%	72.51%	72.51%	72.51%	72.51%	72.51%	72.51%	72.51%
Public	27.49%	27.49%	27.49%	27.49%	27.49%	27.49%	27.49%	27.50%	27.49%	27.50%	27.49%	27.49%
No. of Shareholders	5,454	5,692	5,670	5,580	5,525	5,446	5,451	5,499	6,012	7,894	11,418	11,410

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 18
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	-6.21	1.32	3.49	2.71	2.32
Diluted EPS (Rs.)	-6.21	1.32	3.49	2.71	2.32
Cash EPS (Rs.)	-1.46	3.19	5.28	4.63	4.21
Book Value[Excl.RevalReserv]/Share (Rs.)	32.43	38.80	36.70	30.87	28.50
Book Value[Incl.RevalReserv]/Share (Rs.)	32.43	38.80	36.70	30.87	28.50
Revenue From Operations / Share (Rs.)	26.43	25.18	23.04	31.37	37.91
PBDIT / Share (Rs.)	-0.96	4.49	6.12	6.69	6.36
PBIT / Share (Rs.)	-5.81	2.56	4.27	4.77	4.47
PBT / Share (Rs.)	-7.13	1.78	3.26	3.66	3.18
Net Profit / Share (Rs.)	-6.30	1.26	3.43	2.71	2.32
NP After MI And SOA / Share (Rs.)	-6.21	1.32	3.49	2.71	2.32
PBDIT Margin (%)	-3.64	17.81	26.57	21.31	16.78
PBIT Margin (%)	-21.98	10.15	18.53	15.19	11.79
PBT Margin (%)	-26.97	7.08	14.15	11.68	8.40
Net Profit Margin (%)	-23.84	5.02	14.90	8.64	6.13
NP After MI And SOA Margin (%)	-23.48	5.22	15.13	8.64	6.13
Return on Networth / Equity (%)	-19.13	3.39	9.49	8.78	8.15
Return on Capital Employeed (%)	-13.86	4.43	8.02	9.99	10.72
Return On Assets (%)	-12.29	1.61	4.46	4.16	4.08
Long Term Debt / Equity (X)	0.29	0.45	0.43	0.52	0.44
Total Debt / Equity (X)	0.37	0.81	0.85	0.79	0.69
Asset Turnover Ratio (%)	0.36	0.26	0.26	0.40	0.56
Current Ratio (X)	2.34	0.90	0.83	1.31	1.44
Quick Ratio (X)	2.08	0.70	0.65	1.05	1.17
Inventory Turnover Ratio (X)	2.18	0.02	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	11.06	12.90
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	6.47	7.11
Earning Retention Ratio (%)	0.00	0.00	0.00	88.94	87.10
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	93.53	92.89
Interest Coverage Ratio (X)	-0.73	5.80	6.06	6.07	4.94
Interest Coverage Ratio (Post Tax) (X)	-3.78	2.64	4.40	3.46	2.80
Enterprise Value (Cr.)	228.89	443.38	317.24	311.30	370.12
EV / Net Operating Revenue (X)	0.96	1.95	1.53	1.20	1.18
EV / EBITDA (X)	-26.35	10.97	5.75	5.62	7.02
MarketCap / Net Operating Revenue (X)	0.53	0.76	0.28	0.45	0.69
Retention Ratios (%)	0.00	0.00	0.00	88.93	87.09
Price / BV (X)	0.43	0.49	0.17	0.46	0.92
Price / Net Operating Revenue (X)	0.53	0.76	0.28	0.45	0.69
EarningsYield	-0.44	0.06	0.53	0.18	0.08

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

For FaceValue, as of Mar 22, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 21) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 22, the value is -6.21. This value is below the healthy minimum of 5. It has decreased from 1.32 (Mar 21) to -6.21, marking a decrease of 7.53.
For Diluted EPS (Rs.), as of Mar 22, the value is -6.21. This value is below the healthy minimum of 5. It has decreased from 1.32 (Mar 21) to -6.21, marking a decrease of 7.53.
For Cash EPS (Rs.), as of Mar 22, the value is -1.46. This value is below the healthy minimum of 3. It has decreased from 3.19 (Mar 21) to -1.46, marking a decrease of 4.65.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 32.43. It has decreased from 38.80 (Mar 21) to 32.43, marking a decrease of 6.37.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 32.43. It has decreased from 38.80 (Mar 21) to 32.43, marking a decrease of 6.37.
For Revenue From Operations / Share (Rs.), as of Mar 22, the value is 26.43. It has increased from 25.18 (Mar 21) to 26.43, marking an increase of 1.25.
For PBDIT / Share (Rs.), as of Mar 22, the value is -0.96. This value is below the healthy minimum of 2. It has decreased from 4.49 (Mar 21) to -0.96, marking a decrease of 5.45.
For PBIT / Share (Rs.), as of Mar 22, the value is -5.81. This value is below the healthy minimum of 0. It has decreased from 2.56 (Mar 21) to -5.81, marking a decrease of 8.37.
For PBT / Share (Rs.), as of Mar 22, the value is -7.13. This value is below the healthy minimum of 0. It has decreased from 1.78 (Mar 21) to -7.13, marking a decrease of 8.91.
For Net Profit / Share (Rs.), as of Mar 22, the value is -6.30. This value is below the healthy minimum of 2. It has decreased from 1.26 (Mar 21) to -6.30, marking a decrease of 7.56.
For NP After MI And SOA / Share (Rs.), as of Mar 22, the value is -6.21. This value is below the healthy minimum of 2. It has decreased from 1.32 (Mar 21) to -6.21, marking a decrease of 7.53.
For PBDIT Margin (%), as of Mar 22, the value is -3.64. This value is below the healthy minimum of 10. It has decreased from 17.81 (Mar 21) to -3.64, marking a decrease of 21.45.
For PBIT Margin (%), as of Mar 22, the value is -21.98. This value is below the healthy minimum of 10. It has decreased from 10.15 (Mar 21) to -21.98, marking a decrease of 32.13.
For PBT Margin (%), as of Mar 22, the value is -26.97. This value is below the healthy minimum of 10. It has decreased from 7.08 (Mar 21) to -26.97, marking a decrease of 34.05.
For Net Profit Margin (%), as of Mar 22, the value is -23.84. This value is below the healthy minimum of 5. It has decreased from 5.02 (Mar 21) to -23.84, marking a decrease of 28.86.
For NP After MI And SOA Margin (%), as of Mar 22, the value is -23.48. This value is below the healthy minimum of 8. It has decreased from 5.22 (Mar 21) to -23.48, marking a decrease of 28.70.
For Return on Networth / Equity (%), as of Mar 22, the value is -19.13. This value is below the healthy minimum of 15. It has decreased from 3.39 (Mar 21) to -19.13, marking a decrease of 22.52.
For Return on Capital Employeed (%), as of Mar 22, the value is -13.86. This value is below the healthy minimum of 10. It has decreased from 4.43 (Mar 21) to -13.86, marking a decrease of 18.29.
For Return On Assets (%), as of Mar 22, the value is -12.29. This value is below the healthy minimum of 5. It has decreased from 1.61 (Mar 21) to -12.29, marking a decrease of 13.90.
For Long Term Debt / Equity (X), as of Mar 22, the value is 0.29. This value is within the healthy range. It has decreased from 0.45 (Mar 21) to 0.29, marking a decrease of 0.16.
For Total Debt / Equity (X), as of Mar 22, the value is 0.37. This value is within the healthy range. It has decreased from 0.81 (Mar 21) to 0.37, marking a decrease of 0.44.
For Asset Turnover Ratio (%), as of Mar 22, the value is 0.36. It has increased from 0.26 (Mar 21) to 0.36, marking an increase of 0.10.
For Current Ratio (X), as of Mar 22, the value is 2.34. This value is within the healthy range. It has increased from 0.90 (Mar 21) to 2.34, marking an increase of 1.44.
For Quick Ratio (X), as of Mar 22, the value is 2.08. This value exceeds the healthy maximum of 2. It has increased from 0.70 (Mar 21) to 2.08, marking an increase of 1.38.
For Inventory Turnover Ratio (X), as of Mar 22, the value is 2.18. This value is below the healthy minimum of 4. It has increased from 0.02 (Mar 21) to 2.18, marking an increase of 2.16.
For Dividend Payout Ratio (NP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 22, the value is -0.73. This value is below the healthy minimum of 3. It has decreased from 5.80 (Mar 21) to -0.73, marking a decrease of 6.53.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 22, the value is -3.78. This value is below the healthy minimum of 3. It has decreased from 2.64 (Mar 21) to -3.78, marking a decrease of 6.42.
For Enterprise Value (Cr.), as of Mar 22, the value is 228.89. It has decreased from 443.38 (Mar 21) to 228.89, marking a decrease of 214.49.
For EV / Net Operating Revenue (X), as of Mar 22, the value is 0.96. This value is below the healthy minimum of 1. It has decreased from 1.95 (Mar 21) to 0.96, marking a decrease of 0.99.
For EV / EBITDA (X), as of Mar 22, the value is -26.35. This value is below the healthy minimum of 5. It has decreased from 10.97 (Mar 21) to -26.35, marking a decrease of 37.32.
For MarketCap / Net Operating Revenue (X), as of Mar 22, the value is 0.53. This value is below the healthy minimum of 1. It has decreased from 0.76 (Mar 21) to 0.53, marking a decrease of 0.23.
For Retention Ratios (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Price / BV (X), as of Mar 22, the value is 0.43. This value is below the healthy minimum of 1. It has decreased from 0.49 (Mar 21) to 0.43, marking a decrease of 0.06.
For Price / Net Operating Revenue (X), as of Mar 22, the value is 0.53. This value is below the healthy minimum of 1. It has decreased from 0.76 (Mar 21) to 0.53, marking a decrease of 0.23.
For EarningsYield, as of Mar 22, the value is -0.44. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 21) to -0.44, marking a decrease of 0.50.

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 Asi Industries Ltd as of June 1, 2025 is: 29.54

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 June 1, 2025, Asi Industries Ltd is Overvalued by 15.60% compared to the current share price 35.00

Intrinsic Value of Asi Industries Ltd as of June 1, 2025 is: 35.87

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 June 1, 2025, Asi Industries Ltd is Undervalued by 2.49% compared to the current share price 35.00

Last 5 Year EPS CAGR: 21.42%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (245.31 cr) compared to borrowings (100.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (176.54 cr) and profit (19.54 cr) over the years.	The stock has a low average ROCE of 8.08%, which may not be favorable. The stock has a high average Working Capital Days of 151.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 179.17, 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 Asi Industries Ltd:
1. Net Profit Margin: -23.84%
  - 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: -13.86% (Industry Average ROCE: 19.04%)
  - 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%: -19.13% (Industry Average ROE: 16.77%)
  - 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): -3.78
  - 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: 2.08
  - 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: 12.4 (Industry average Stock P/E: 66.06)
  - 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: 0.37
  - 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

ASI Industries Ltd. is a Public Limited Listed company incorporated on 17/01/1945 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L14101MH1945PLC256122 and registration number is 256122. Currently Company is involved in the business activities of Quarrying of slate and building and monumental stone other than marble and granite. Company's Total Operating Revenue is Rs. 154.77 Cr. and Equity Capital is Rs. 9.01 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Mining/Minerals	Marathon lnnova, A Wing, 7th Floor, Mumbai Maharashtra 400013	investors@asigroup.co.in http://www.asigroup.co.in

Management
Name	Position Held
Mr. Deepak Jatia	Chairman & Managing Director
Mrs. Anita Jatia	Executive Director
Mr. Tushya Jatia	Executive Director
Mr. Gaurang Gandhi	Independent Director
Mr. Padamkumar R Poddar	Independent Director
Mr. Arunanshu Agarwal	Independent Director

FAQ

What is the intrinsic value of Asi Industries Ltd?

Asi Industries Ltd's intrinsic value (as of 31 May 2025) is ₹29.54 — 15.60% lower the current market price of 35.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 315 Cr. market cap, FY2025-2026 high/low of ₹65.9/22.3, reserves of 314 Cr, and liabilities of 358 Cr.

What is the Market Cap of Asi Industries Ltd?

The Market Cap of Asi Industries Ltd is 315 Cr..

What is the current Stock Price of Asi Industries Ltd as on 31 May 2025?

The current stock price of Asi Industries Ltd as on 31 May 2025 is 35.0.

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

In FY 2025-2026, the High / Low of Asi Industries Ltd stocks is ₹65.9/22.3.

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

The Stock P/E of Asi Industries Ltd is 12.4.

What is the Book Value of Asi Industries Ltd?

The Book Value of Asi Industries Ltd is 39.1.

What is the Dividend Yield of Asi Industries Ltd?

The Dividend Yield of Asi Industries Ltd is 1.00 %.

What is the ROCE of Asi Industries Ltd?

The ROCE of Asi Industries Ltd is 10.6 %.

What is the ROE of Asi Industries Ltd?

The ROE of Asi Industries Ltd is 7.54 %.

What is the Face Value of Asi Industries Ltd?

The Face Value of Asi Industries Ltd is 1.00.