Is Asahi Songwon Colors a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Asahi Songwon Colors Ltd is a average quality company .

Is Asahi Songwon Colors undervalued or overvalued?

The key valuation ratios of Asahi Songwon Colors Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Asahi Songwon Colors share price return in the past 10 years?

Asahi Songwon Colors Ltd share price has appreciated 10.5% annually (CAGR) over the past ten years.

Is Asahi Songwon Colors a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Asahi Songwon Colors Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Asahi Songwon Colors Ltd - Stock Valuation and Financial Performance

Name: Asahi Songwon Colors
Brand: Asahi Songwon Colors

BSE: 532853 | NSE: ASAHISONG | Dyes & Pigments | Small Cap

Place order

Asahi Songwon Colors Share Price

₹344 -2.95 -0.85%
as on 29-Apr'25 11:33

10 Year X-Ray of Asahi Songwon Colors:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	16.5%	20.7%	23.1%	15.7%	12.2%	11.2%	18.7%	12.2%	1.3%	10.9%	-
Value Creation Index ⓘ	0.2	0.5	0.7	0.1	-0.1	-0.2	0.3	-0.1	-0.9	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	240	224	253	293	294	284	283	401	337	277	367
Sales YoY Gr.	-	-6.5%	13.2%	15.4%	0.4%	-3.4%	-0.3%	41.8%	-15.9%	-18%	-
Adj EPS ⓘ	14.6	15.8	22.4	18.5	15.4	18.6	25	17.4	-6.2	6	17.2
YoY Gr.	-	8.3%	41.8%	-17.4%	-16.9%	21.2%	34.4%	-30.5%	-135.7%	NA	-
BVPS (₹) ⓘ	96.1	110.8	129.2	148	157.8	164.3	193.4	209.7	199.8	222.1	235.4
Adj Net Profit ⓘ	17.9	19.4	27.5	22.7	18.8	22.8	30.1	20.9	-7.3	7.1	20
Cash Flow from Ops. ⓘ	25	31.7	28.1	5.9	27.1	74.3	4.9	24.7	46	-3.8	-
Debt/CF from Ops. ⓘ	1.9	1.4	1.3	13	2.3	0.3	9.1	2.1	2.1	-23.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	1.6%	-1.2%	-0.8%	-18%
Adj EPS ⓘ	-9.4%	-17.1%	-37.8%	NA
BVPSⓘ	9.8%	7.1%	4.7%	11.2%
Share Price	10.5%	26.6%	3.4%	-10.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	14.4	15.3	18.7	13.3	10	11.6	13.9	8.6	-3	2.9	7.5
Op. Profit Mgn % ⓘ	15.1	17.5	18.7	13.2	13.7	12.1	17.1	9.5	2.4	6.1	10.4
Net Profit Mgn % ⓘ	7.5	8.7	10.8	7.8	6.4	8.1	10.6	5.2	-2.2	2.6	5.5
Debt to Equity ⓘ	0.4	0.3	0.2	0.4	0.3	0.1	0.2	0.2	0.4	0.3	-
Working Cap Days ⓘ	170	151	142	157	176	165	169	149	179	221	78
Cash Conv. Cycle ⓘ	76	73	71	79	101	85	87	85	87	99	15

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.50%

Sales growth is good in last 4 quarters at 36.30%

Sales growth has been subdued in last 3 years -0.75%

Net Profit has been subdued in last 3 years -37.79%

Latest Financials - Asahi Songwon Colors Ltd.

	Standalone	Consolidated
TTM EPS (₹)	17.2	12.1
TTM Sales (₹ Cr.)	367	536
BVPS (₹.) ⓘ	235.4	209
Reserves (₹ Cr.) ⓘ	266	235
P/BV ⓘ	1.47	1.66
PE ⓘ	20.24	28.65

From the Market
52 Week Low / High (₹)	257.00 / 588.85
All Time Low / High (₹)	11.70 / 588.85
Market Cap (₹ Cr.)	409
Equity (₹ Cr.)	11.8
Face Value (₹)	10
Industry PE ⓘ	39.7

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	83.9	1.4	89.8	32.1	99.5	71.8	93.7	39.9
Adj EPS (₹) ⓘ	3.5	N/A	4.8	N/A	5.1	-8.9	3.9	1148.4
Op. Profit Mgn % ⓘ	9.63	1952 bps	11.50	1149 bps	10.81	243 bps	9.62	358 bps
Net Profit Mgn % ⓘ	4.87	1513 bps	6.29	1026 bps	6.09	-539 bps	4.86	431 bps

Management X-Ray of Asahi Songwon Colors:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Asahi Songwon Colors

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Asahi Songwon Colors

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Sudarshan Chemicals	1,056.1	-11.5 (-1.1%)	Small Cap	2,539	15	5.4	71.2	3.8
Bodal Chemicals	66.3	-0 (-0%)	Small Cap	1,386	1.1	0.1	60.1	0.7
Shree Pushkar Chem	246.3	2.4 (1%)	Small Cap	726	17.1	5.1	14.3	1.5
Kiri Industries	589	-3.9 (-0.7%)	Small Cap	633	-4.8	-14.6	-	6.1
Bhageria Industries	160	-1.2 (-0.7%)	Small Cap	495	7.6	3.6	21.4	1.3
Poddar Pigments	297.6	-0.6 (-0.2%)	Small Cap	369	24.9	7.4	12	0.8
Vidhi Specialty Food	437.3	8.7 (2%)	Small Cap	303	8.4	12.1	50.8	7.1
Aksharchem (I)	224.8	-1.9 (-0.8%)	Small Cap	302	-3.3	-6.2	-	0.7
Dynemic Products	274.7	2.7 (1%)	Small Cap	284	12.6	1.4	21.5	1.5
Asahi Songwon Colors	344	-3 (-0.9%)	Small Cap	277	17.2	2.6	20.2	1.5

Shows rows:

Prev 1 2 3 Next

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	240	224	253	293	294	284	283	401	337	277
Operating Expenses ⓘ	204	185	206	254	254	249	235	363	329	260
Manufacturing Costs	48	47	54	57	61	55	57	79	67	52
Material Costs	136	119	132	174	172	172	156	252	234	185
Employee Cost	7	7	7	8	8	8	8	9	9	9
Other Costs ⓘ	13	12	14	15	13	14	15	24	19	14
Operating Profit ⓘ	36	39	47	38	40	34	48	38	8	17
Operating Profit Margin (%)	15.0%	17.4%	18.6%	13.1%	13.5%	12.1%	17.0%	9.5%	2.4%	6.1%
Other Income ⓘ	1	4	3	4	0	1	3	6	6	5
Interest ⓘ	5	4	3	4	5	4	2	3	9	7
Depreciation ⓘ	6	7	7	7	8	8	8	9	10	10
Exceptional Items ⓘ	0	0	0	0	0	0	4	0	0	26
Profit Before Tax ⓘ	26	31	40	32	26	23	45	32	-5	31
Tax ⓘ	9	10	13	9	8	0	12	8	0	4
Profit After Tax	18	21	27	23	18	23	33	24	-5	26
PAT Margin (%)	7.4%	9.4%	10.8%	7.9%	6.2%	8.0%	11.6%	6.0%	-1.4%	9.5%
Adjusted EPS (₹)	14.4	17.1	22.4	18.8	14.9	18.6	27.4	20.1	-4.0	22.3
Dividend Payout Ratio (%)	24%	12%	13%	16%	20%	16%	13%	2%	-13%	2%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	118	136	159	182	194	202	233	252	235	262
Share Capital ⓘ	12	12	12	12	12	12	12	12	12	12
Reserves ⓘ	106	124	146	169	181	189	221	240	224	250
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	43	43	34	70	57	16	39	46	87	82
Long Term Debt	3	5	4	19	18	13	8	14	22	15
Short Term Debt	39	38	30	51	39	4	32	32	65	67
Trade Payables	22	19	30	36	31	24	41	63	49	43
Others Liabilities ⓘ	30	23	25	31	28	34	25	29	30	29
Total Liabilities ⓘ	212	220	247	319	309	276	338	390	402	416
Fixed Assets
Gross Block	125	130	138	192	208	195	210	234	241	222
Accumulated Depreciation	31	37	44	51	58	66	72	81	90	100
Net Fixed Assetsⓘ	94	93	94	141	150	129	138	154	151	122
CWIP ⓘ	1	6	10	15	1	2	0	0	0	0
Investmentsⓘ	18	26	30	19	14	27	51	50	98	107
Inventories	29	19	43	36	62	29	46	80	46	50
Trade Receivables	43	51	47	79	55	55	78	87	69	78
Cash Equivalents	3	3	3	2	3	2	2	4	4	2
Others Assetsⓘ	25	22	20	26	23	32	23	14	35	57
Total Assets ⓘ	212	220	247	319	309	276	338	390	402	416

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	25	32	28	6	27	74	5	25	46	-4
PBT ⓘ	26	31	40	32	26	23	40	32	-5	5
Adjustment ⓘ	11	8	7	6	14	12	16	12	17	14
Changes in Working Capital ⓘ	-6	-1	-8	-23	-6	42	-42	-10	37	-24
Tax Paid ⓘ	-6	-7	-10	-10	-7	-3	-9	-9	-3	1
Cash Flow From Investing Activity ⓘ	-9	-15	-12	-44	-3	-21	-16	-25	-70	19
Capex	-7	-10	-12	-59	-4	-2	9	-24	-7	44
Net Investments	-2	-5	0	15	1	-5	9	-1	-48	-6
Others ⓘ	0	1	0	1	0	-14	-34	0	-15	-19
Cash Flow From Financing Activityⓘ	-16	-17	-17	38	-24	-53	11	1	24	-15
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-4	-3	-2	21	-3	-5	-5	8	12	-10
Interest Paid ⓘ	-5	-4	-3	-4	-5	-4	-2	-3	-9	-7
Dividend Paid ⓘ	-3	-8	-4	0	-4	-7	0	-4	-1	-1
Others ⓘ	-4	-1	-8	21	-13	-37	18	1	21	2
Net Cash Flow ⓘ	0	0	0	0	0	0	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	14.29	16.52	18.62	13.57	9.75	11.55	15.17	9.98	-1.93	10.59
ROCE (%)	16.53	20.68	23.08	15.71	12.23	11.23	18.68	12.21	1.27	10.93
Asset Turnover Ratio	0.99	1.06	1.12	1.04	0.93	0.97	0.92	1.1	0.85	0.68
PAT to CFO Conversion(x)	1.39	1.52	1.04	0.26	1.5	3.22	0.15	1.04	N/A	-0.15
Working Capital Days
Receivable Days	83	75	68	78	84	71	86	75	85	97
Inventory Days	46	38	44	49	61	59	48	58	68	63
Payable Days	83	62	67	69	72	59	76	75	88	91

Asahi Songwon Colors Ltd Stock News

View All News

Asahi Songwon Colors Ltd FAQs

What is the share price of Asahi Songwon Colors?

Company share prices are keep on changing according to the market conditions. The closing price of Asahi Songwon Colors on 29-Apr-2025 11:33 is ₹344.0.

What is the market cap of Asahi Songwon Colors?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Apr-2025 11:33 the market cap of Asahi Songwon Colors stood at ₹409.0.

What is the P/E ratio of Asahi Songwon Colors?

The latest P/E ratio of Asahi Songwon Colors as of 29-Apr-2025 11:33 is 20.24.

What is the P/B ratio of Asahi Songwon Colors?

The latest P/B ratio of Asahi Songwon Colors as of 29-Apr-2025 11:33 is 1.47.

What is the 52-week high and low of Asahi Songwon Colors?

The 52-week high of Asahi Songwon Colors is ₹588.9 and the 52-week low is ₹257.0.

What is the TTM revenue of Asahi Songwon Colors?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asahi Songwon Colors is ₹366.8 ( Cr.) .

About Asahi Songwon Colors Ltd

Asahi Songwon Colors was incorporated in 1990 as privately owned company- Asahi Dyechem. The company was founded by Paru Jaykrishna.

Later in 1996-97, Songwon Colors of South Korea decided to enter into a joint venture with Asahi Dyechem with financial investment and technological collaboration. Thus, companyâ€™s name was changed to Asahi Songwon Colors

Asahi Songwon initially established manufacturing facility for pigment green 7 with a capacity of 600 MT. Then, after getting good international market, the capacity has been increased to 1200 mt/annum.

In 2005, Asahi Songwon Colors started manufacturing of CPC Blue Crude 5N with the technology of Clariant Songwon Colors of South Korea.

From existing capacity of 4000 MT/A, very soon company is planning to double the blue crude capacity. The company also intends to diversify in to allied products.

Asahi Songwon Colors' research and development laboratory is located at Asahi Green Plant site, which provides technical service to customers and seeks to develop new products suited to customer needs.

Products manufactured by the company:

Pigment Green 7
CPC Blue Crude
Pigment Alfa Blue 15:0
Pigment Alfa Blue 15:1
Pigment Beta Blue 15:3

Awards/ recognition:

Companyâ€™s pigment facility is located at Mehsana district and its figment blue facility in Vadodara district of Gujarat. Both plants have received ISO 14001:2004 certification.