Asahi Industries Ltd - Stock Valuation and Financial Performance

BSE: 514482 | NSE: | Textile - Spinning | Small Cap

Asahi Inds. Share Price

5.09 0.00 0.00%
as on 06-Feb'23 18:01

DeciZen - make an informed investing decision on Asahi Inds.

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Asahi Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
33.8 Cr.
52-wk low:
5.1
52-wk high:
5.1

Is Asahi Industries Ltd an attractive stock to invest in?

1. Is Asahi Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Asahi Industries Ltd is a below average quality company.

2. Is Asahi Industries Ltd undervalued or overvalued?

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

3. Is Asahi Industries Ltd a good buy now?

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

10 Year X-Ray of Asahi Inds.:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Asahi Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 1.8%1.4%0.9%-0.2%0.1%-8.1%-11.5%-7.6%-4.1%-4.7%-
Value Creation
Index
-0.9-0.9-0.9-1.0-1.0-1.6NANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 17020825952927927712519.6000
Sales YoY Gr.-23%24.4%103.9%-47.3%-0.5%-55%-84.3%-100%NA-
Adj EPS 0.30.10.100.1-1.7-1.6-1.2-0.4-0.4-0.4
YoY Gr.--53.6%7.7%-78.6%233.3%-1770%NANANANA-
BVPS (₹) 1.51.61.71.71.80.2-1.2-2.4-2.8-3.2-3.3
Adj Net
Profit
1.90.80.90.20.6-11.1-10.4-8.2-2.5-2.7-3
Cash Flow from Ops. 21.7-0.6-0.5-6.32.483.5-1.300.2-
Debt/CF from Ops. 7080.7-210.9-247.9-21.256.20.8-55-4502.2446.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS -204.3%-232.6%NANA
BVPS-209.2%-211.8%NANA
Share Price 1.3% 10.1% 13.1% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on
Equity %
21.78.48.61.75.3-165.9304.168.114.313.512.6
Op. Profit
Mgn %
9.57.45.82.54.60.10.2-0.700-221.4
Net Profit
Mgn %
1.10.40.400.2-4-8.3-41.900-INF
Debt to
Equity
14.212.911.911.611117.2-8.7-4.3-3.7-3.3-
Working Cap
Days
66767947115130186569000
Cash Conv.
Cycle
28323625504387537000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 12.60%

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at -24.65%

Latest Financials - Asahi Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -0.4 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -3.3 -
Reserves (₹ Cr.) -28 -
P/BV -1.55 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 5.09 / 5.09
All Time Low / High (₹) 0.25 / 52.25
Market Cap (₹ Cr.) 33.8
Equity (₹ Cr.) 6.6
Face Value (₹) 1
Industry PE 26.4

Management X-Ray of Asahi Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Asahi Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Sales169.54208.47259.33528.79278.52277.27124.6619.5700
Operating Expenses 153.41192.97244.38515.51265.70276.95124.4019.710.270.48
Manufacturing Costs21.3536.2831.2647.8236.1028.3112.452.5000
Material Costs128.34151.79207.58459.82217.15240.58107.6616.4100
Employee Cost 2.042.782.976.128.314.483.150.200.060.06
Other Costs 1.682.132.571.754.143.591.140.600.210.42
Operating Profit 16.1315.5014.9513.2712.820.320.26-0.13-0.27-0.48
Operating Profit Margin (%) 9.5%7.4%5.8%2.5%4.6%0.1%0.2%-0.7%--
Other Income 0000.080.100.010.010.0800
Interest 0.141.521.441.091.481.761.280.2000
Depreciation 13.4813.5213.6513.6112.7411.6511.514.291.831.83
Exceptional Items 0000000000
Profit Before Tax 2.500.45-0.14-1.34-1.30-13.08-12.53-4.55-2.10-2.31
Tax 0.62-0.39-1.08-1.53-1.94-2-2.173.660.390.40
Profit After Tax 1.880.840.940.190.63-11.08-10.35-8.21-2.49-2.71
PAT Margin (%) 1.1%0.4%0.4%0.0%0.2%-4.0%-8.3%-41.9%--
Adjusted EPS (₹)0.30.10.10.00.1-1.7-1.6-1.2-0.4-0.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21

Equity and Liabilities

Shareholders Fund 9.6010.4511.3911.5912.221.14-7.95-16.16-18.76-21.36
Share Capital 6.646.646.646.646.646.646.646.646.646.64
Reserves 2.963.804.754.945.58-5.51-14.59-22.80-25.40-28
Minority Interest0000000000
Debt136.64134.95135.49134.43134.43133.3369.3369.3369.3369.33
Long Term Debt136.64134.95135.49134.43134.43133.3369.3369.3369.3369.33
Short Term Debt0000000000
Trade Payables1.561.881.480.871.881.530.922.092.112.11
Others Liabilities 4.724.722.814.0410.127.523.174.825.396.42
Total Liabilities 152.52152151.17150.93158.65143.5265.4760.0958.0856.50

Fixed Assets

Gross Block162.77164.44164.31164.31159.16158.69159.16159.16159.16159.16
Accumulated Depreciation49.5163.0476.6890.29103.03114.22126.19130.48132.32134.15
Net Fixed Assets113.25101.4087.6374.0256.1244.4832.9628.6726.8425.01
CWIP 2.450.780.780.780.780.780.780.780.780.78
Investments 0000000000
Inventories7.359.969.0910.938.457.750.870.200.200.20
Trade Receivables9.0713.5422.5631.6227.8724.1228.9330.0929.9330.03
Cash Equivalents 0.190.180.211.680.491.761.280.020.010.16
Others Assets20.2026.1330.9131.9064.9464.640.650.320.320.32
Total Assets 152.52152151.17150.93158.65143.5265.4760.0958.0856.50

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Cash Flow From Operating Activity 1.951.67-0.64-0.54-6.342.3783.52-1.26-0.020.16
PBT 20.37-0.14-1.34-1.30-13.08-11.41-4.55-2.10-2.31
Adjustment 13.4813.5213.6513.6112.7411.6511.514.291.831.83
Changes in Working Capital -13.53-12.22-14.15-12.81-17.783.8183.42-10.250.64
Tax Paid 0000000000
Cash Flow From Investing Activity -2.4500.1305.1500000
Capex -2.4500.1305.1500000
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity 0.64-1.680.542.010-1.10-84000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 9.64-1.680.54-1.060-1.10-84000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -9003.07000000
Net Cash Flow 0.14-0.010.031.47-1.191.27-0.48-1.26-0.020.16
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Ratios
ROE (%)21.728.438.631.685.33-165.94N/AN/AN/AN/A
ROCE (%)1.821.350.89-0.170.12-8.05N/AN/AN/AN/A
Asset Turnover Ratio1.111.371.713.51.81.841.190.3100
PAT to CFO Conversion(x)1.041.99-0.68-2.84-10.06N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days1720251939347855000
Inventory Days15151371311131000
Payable Days54312343300

Asahi Industries Ltd Stock News

Asahi Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Asahi Inds. on 06-Feb-2023 18:01 is ₹5.09.
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 06-Feb-2023 18:01 the market cap of Asahi Inds. stood at ₹33.82.
The latest P/E ratio of Asahi Inds. as of 06-Feb-2023 18:01 is 0.00.
The latest P/B ratio of Asahi Inds. as of 06-Feb-2023 18:01 is -1.55.
The 52-week high of Asahi Inds. is ₹5.09 and the 52-week low is ₹5.09.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asahi Inds. is ₹0.00 ( Cr.) .

About Asahi Industries Ltd

Asahi Fibres, incorporated as a public limited company on August 2, 1993, is engaged in the manufacture of yarn and fabrics.

AFL is promoted by the directors of Akay Filtips, leading manufacturers of cigarette filters.  The main directors of the company are A K Shah and Amit A Shah. Amit A Shah, an MBA from the US is looking after the affairs of the company. AFL is co-promoted by MTM Trading (MTM), a company incorporated in Singapore.

Asahi Fibres reported unaudited earnings results for the third quarter and nine months ended December 31, 2009. For the quarter, net income from sales/services was Rs 209.455 million or Rs 0.01 basic earnings per share compared to net income from sales/services Rs 75.535 million or Rs 0.01 basic earnings per share for the same period last year. Profit before tax was Rs 1.043 million against Rs 1.077 million of previous year period. For the nine months ended December 31, 2009, net income from sales/services was Rs 659.639 million or Rs 0.18 basic earnings per share compared to net income from sales/services Rs 202.315 million or Rs 0.08 basic earnings per share for the same period last year. Profit before tax was Rs 14.586 million against Rs 6.181 million of previous year period.

Business areas of the company:

The company manufactures cotton and viscose yarn at its manufacturing facilities located in the Valsad district of Gujarat with installed capacities of 864 rotors and 25 knitting machines. The company has implemented the rehabilitation scheme sanctioned by the Board for Industrial and Financial Reconstruction (BIFR) via order dated May 3, 2006. It has since increased sales and shown improved performance.

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