Ashnisha Indus.

What does Ashnisha Indus. do?

Ashnisha Industries Ltd is a micro-cap company engaged in trading steel products, with a market cap of Rs 34 Cr. It reported net sales of 1 Cr and a net profit of 0 Cr for the quarter ending March 2025.

Overview: <BR>Ashnisha Industries Ltd is engaged in the trading of various steel products and belongs to the Trading & Distributors industry within the micro-cap market segment.<BR><BR>History: <BR>The company was incorporated on July 27, 2009, and was formerly known as Ashnisha Alloys Limited until its name change on August 8, 2017. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 34 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 34.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.76 <BR>Return on Equity: 0.28% <BR>Price to Book: 0.57<BR><BR>Contact Details: <BR>Address: 7th Floor Ashoka Chambers, Opp. HCG Hospital Mithakhali Ahmedabad Gujarat : 380006 <BR>Tel: 91-079-26463227 <BR>Email: ashnishalimited@gmail.com <BR>Website: http://www.ashnisha.in

Has Ashnisha Indus. declared dividend?

No Dividend History Available

Is Ashnisha Indus. overvalued or undervalued?

As of December 8, 2022, Ashnisha Industries is considered a risky investment due to its overvaluation indicated by a PE ratio of 34.34 and negative EBITDA, underperforming significantly against peers and the Sensex with a year-to-date return of -20.74%.

As of 8 December 2022, Ashnisha Industries' valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued at this time, with a PE ratio of 34.34, an EV to EBITDA of -20.06, and a Price to Book Value of 0.57. These ratios suggest that while the stock price is relatively high compared to its earnings, the negative EBITDA indicates underlying operational challenges.<BR><BR>In comparison to its peers, Ashnisha Industries is positioned unfavorably; for instance, JSW Steel Ltd. has a PE ratio of 64.98 and an EV to EBITDA of 14.20, while Tata Steel Ltd. boasts a PE of 51.92 with an EV to EBITDA of 11.04. The stark contrast in these ratios highlights Ashnisha's struggles within the trading and distribution sector. Furthermore, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -20.74% compared to the Sensex's 5.56%, reinforcing the notion that Ashnisha Industries may not be a compelling investment at its current valuation.

What is the technical trend for Ashnisha Indus.?

As of May 19, 2025, Ashnisha Indus is in a mildly bearish trend, with mixed signals from MACD and bearish moving averages, despite some bullish indicators on the weekly and monthly RSI.

As of 19 May 2025, the technical trend for Ashnisha Indus has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly chart. Bollinger Bands are bearish for both weekly and monthly time frames, and moving averages are bearish on the daily chart. The KST is mildly bullish weekly but bearish monthly. Dow Theory shows no trend in both weekly and monthly perspectives. Overall, the current stance is mildly bearish, driven primarily by the mixed signals from MACD and the bearish moving averages.

Who are the peers of the Ashnisha Indus.?

Peers of Ashnisha Indus. include Kabsons Industri, Lesha Industries, Kaiser Corporat., SRU Steels, Sunil Industries, Euro Asia Export, UR Sugar, and Asian Tea & Exp. Ashnisha Indus. has a 1-year return of -45.48%, better than Lesha Industries (-67.31%) but worse than Euro Asia Export (1236.13%).

Peers: The peers of Ashnisha Indus. are Kabsons Industri, Lesha Industries, Kaiser Corporat., SRU Steels, Sunil Industries, Euro Asia Export, UR Sugar, and Asian Tea & Exp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kabsons Industri, while Below Average management risk is found at Lesha Industries, Kaiser Corporat., SRU Steels, Sunil Industries, Ashnisha Indus., Euro Asia Export, UR Sugar, and Asian Tea & Exp. Growth is Below Average for Lesha Industries, Kaiser Corporat., SRU Steels, Sunil Industries, Ashnisha Indus., UR Sugar, and Asian Tea & Exp., while Euro Asia Export shows Average growth. Capital Structure is Good at Kabsons Industri, SRU Steels, and UR Sugar, while Below Average capital structure is noted for Lesha Industries, Kaiser Corporat., Sunil Industries, Ashnisha Indus., Euro Asia Export, and Asian Tea & Exp.<BR><BR>Return Snapshot: Euro Asia Export has the highest 1-year return at 1236.13%, while Lesha Industries has the lowest at -67.31%. Ashnisha Indus.'s 1-year return of -45.48% is better than Lesha Industries but worse than Euro Asia Export. Additionally, the six-month return is negative for Kabsons Industri, SRU Steels, Sunil Industries, Ashnisha Indus., UR Sugar, and Asian Tea & Exp.

Who are in the management team of Ashnisha Indus.?

As of March 2022, the management team of Ashnisha Indus includes Ashok C Shah (Non-Executive & Non-Independent Director), Shalin A Shah (Non-Executive Director), Chandrakant Chauhan (Independent Director), Daxaben M. Shah (Independent Director), and Dimpal J. Solanki (Company Secretary).

As of March 2022, the management team of Ashnisha Indus includes the following individuals:<BR><BR>1. Ashok C Shah - Non-Executive & Non-Independent Director<BR>2. Shalin A Shah - Non-Executive Director<BR>3. Chandrakant Chauhan - Independent Director<BR>4. Daxaben M. Shah - Independent Director<BR>5. Dimpal J. Solanki - Company Secretary<BR><BR>These members play various roles within the company's governance structure.

Who are the top shareholders of the Ashnisha Indus.?

The top shareholders of Ashnisha Indus are Shalin Ashok Shah, the promoter with 8.42%, and Mohammad Shami, the highest public shareholder at 1.86%. Individual investors hold a significant 77.73%, with no mutual funds, foreign institutional investors, or pledged promoter holdings.

The top shareholders of Ashnisha Indus include Shalin Ashok Shah, who is the promoter with the highest holding at 8.42%. The highest public shareholder is Mohammad Shami, holding 1.86%. Additionally, individual investors collectively hold a significant portion of the company at 77.73%. There are no holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings.

How big is Ashnisha Indus.?

As of 24th July, Ashnisha Industries Ltd has a market capitalization of 32.00 Cr, with recent net sales of 4.84 Cr and a net profit of 0.17 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Ashnisha Industries Ltd has a market capitalization of 32.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 4.84 Cr, while the sum of Net Profit for the same period is 0.17 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 60.70 Cr and Total Assets valued at 127.84 Cr.

Are Ashnisha Indus. latest results good or bad?

Ashnisha Industries' latest results show mixed performance: while Profit After Tax reached its highest in five quarters and EPS improved, a significant 66.35% decline in net sales and negative operating cash flow raise serious concerns about overall financial health.

Ashnisha Industries' latest results present a mixed picture. On one hand, the company has achieved its highest Profit After Tax (PAT) in the last five quarters, reaching Rs 0.12 crore, and the Earnings per Share (EPS) has also increased to Rs 0.01. This indicates some improvement in profitability, which is a positive sign for shareholders.<BR><BR>However, there are significant concerns as well. The company reported a drastic decline in net sales, with a QoQ growth of -66.35%, which is a substantial drop compared to the previous quarter. Additionally, the operating cash flow has fallen to Rs -12.75 crore, the lowest in three years, indicating serious cash flow issues. The decline in the Debtors Turnover Ratio to 0.65 times further highlights challenges in collecting receivables.<BR><BR>Overall, while there are some positive developments in terms of profitability, the significant drop in sales and cash flow issues suggest that the overall financial performance is concerning. Therefore, it can be said that the results are not entirely good, as the challenges may overshadow the improvements in profitability.

How has been the historical performance of Ashnisha Indus.?

Ashnisha Indus has faced significant financial challenges, with net sales declining from 74.21 Cr in Mar'19 to 4.83 Cr in Mar'25, and fluctuating profitability, culminating in a profit after tax of 0.17 Cr in Mar'25 after a loss in Mar'20. Despite increasing total assets and liabilities, the company has experienced negative cash flow from operating activities, indicating ongoing liquidity issues.

Answer:<BR>The historical performance of Ashnisha Indus shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Ashnisha Indus has experienced a notable decline in net sales, dropping from 74.21 Cr in Mar'19 to just 4.83 Cr in Mar'25. Total operating income followed a similar trend, decreasing from 74.21 Cr in Mar'19 to 4.83 Cr in Mar'25. The company reported an operating profit (PBDIT) of 1.79 Cr in Mar'25, which is a decrease from 9.03 Cr in Mar'19, indicating a challenging operating environment. Profit before tax has also fluctuated, with a peak of 4.24 Cr in Mar'19 and a modest 1.26 Cr in Mar'25. The profit after tax showed a recovery from a loss of 4.51 Cr in Mar'20 to a profit of 0.17 Cr in Mar'25. The total assets of the company increased from 64.89 Cr in Mar'20 to 127.84 Cr in Mar'25, while total liabilities rose from 64.89 Cr in Mar'20 to 127.84 Cr in Mar'25, reflecting a growing financial structure. Cash flow from operating activities has been negative in recent years, with a significant outflow of -12.00 Cr in Mar'25, indicating ongoing liquidity challenges. Overall, the financial performance of Ashnisha Indus has shown volatility, with a trend of declining sales and fluctuating profitability amidst increasing asset and liability levels.

When is the next results date for Ashnisha Industries Ltd?

The next results date for Ashnisha Industries Ltd is 14 February 2026.

The next results date for Ashnisha Industries Ltd is scheduled for 14 February 2026.

Should I buy, sell or hold Ashnisha Industries Ltd?

Why is Ashnisha Industries Ltd falling/rising?

As of 17-Mar, Ashnisha Industries Ltd's stock price is at 3.40, reflecting a decline of -3.13% and a total drop of -10.29% over the last four days. The stock has significantly underperformed its sector and the broader market, with a long-term decline of -73.55% over three years, indicating a bearish market sentiment.

As of 17-Mar, Ashnisha Industries Ltd's stock price is falling, currently at 3.40, which reflects a change of -0.11 or -3.13%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of -10.29% during this period. Additionally, the stock has underperformed its sector by -6.37% today, while the broader market, represented by the Sensex, has also seen a decline of -2.73% over the past week.<BR><BR>In terms of performance metrics, the stock has shown a significant drop of -73.55% over the past three years, contrasting sharply with the Sensex's gain of +31.18% during the same timeframe. Although the year-to-date performance shows a modest increase of +3.03%, this is overshadowed by the recent negative trends.<BR><BR>Investor participation has also decreased, with delivery volume on 16 March falling by -27.88% compared to the five-day average, indicating a lack of interest from investors. Furthermore, while the stock is trading above its 200-day moving average, it is below the shorter-term moving averages, suggesting a bearish sentiment in the market.<BR><BR>Overall, the combination of consecutive price declines, underperformance relative to the sector, reduced investor participation, and poor long-term performance contributes to the stock's current downward trajectory.

Why is Ashnisha Industries Ltd falling/rising?

As of 18-Mar, Ashnisha Industries Ltd's stock price is at 3.28, down 2.38%, reflecting a consistent decline due to reduced investor participation and poor financial fundamentals, including operating losses and weak growth. The stock has underperformed its sector and shows a bearish trend, with significant concerns regarding its ability to service debt.

As of 18-Mar, Ashnisha Industries Ltd's stock price is falling, currently at 3.28, reflecting a change of -0.08 or -2.38%. The stock has been on a downward trend, having lost -13.46% over the past week and -13.23% over the past month. This consistent decline is attributed to several factors, including a significant drop in investor participation, with delivery volume decreasing by -37.2% compared to the 5-day average. <BR><BR>Additionally, the stock has underperformed its sector by -3.51% today and has experienced consecutive losses for the last five days. Although the stock is trading higher than its 200-day moving average, it remains lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a bearish trend in the short term.<BR><BR>The company's fundamentals also contribute to the stock's decline. Ashnisha Industries Ltd is facing operating losses and has shown weak long-term growth, with net sales growing at an annual rate of only 5.12% and operating profit at 4.65% over the last five years. Furthermore, the company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio of -1.93. These financial challenges, combined with a negative EBITDA and flat results reported in December, paint a bleak picture for the company's future, leading to a lack of investor confidence and further declines in stock price.

Why is Ashnisha Industries Ltd falling/rising?

As of 19-Mar, Ashnisha Industries Ltd's stock price is rising to 3.46, reflecting a 4.85% increase after a trend reversal. Despite recent declines over the past week and month, the stock has shown a year-to-date gain of 4.85%, outperforming the Sensex.

As of 19-Mar, Ashnisha Industries Ltd's stock price is rising, currently at 3.46, reflecting a change of 0.16 or 4.85% increase. This upward movement comes after a trend reversal, as the stock has gained following five consecutive days of decline. Additionally, it has outperformed its sector by 8.13% today, indicating a relative strength compared to its peers.<BR><BR>Despite the positive movement today, the stock has experienced a significant decline over the past week, down 6.74%, and a notable drop of 9.90% over the past month. However, year-to-date, the stock has shown a positive return of 4.85%, contrasting with a 12.92% decline in the Sensex. Over the past year, Ashnisha Industries Ltd has also outperformed the Sensex, with a gain of 13.97% compared to the index's decline of 1.65%.<BR><BR>It is important to note that the stock's moving averages indicate that it is currently higher than the 200-day moving average but lower than the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting mixed signals regarding its short-term performance. Furthermore, there has been a decline in investor participation, with delivery volume dropping by 61.55% against the 5-day average, which could indicate reduced interest among investors.<BR><BR>Overall, the stock's rise today can be attributed to a trend reversal and relative outperformance in the sector, despite the broader context of recent declines and falling investor participation.

Why is Ashnisha Industries Ltd falling/rising?

As of 20-Mar, Ashnisha Industries Ltd's stock price is declining at 3.42, down 0.87%, with a significant drop of 12.53% over the past month. Despite a positive year-to-date return, long-term performance is troubling, with a 72.84% decline over three years and weak fundamentals raising concerns about its financial stability.

As of 20-Mar, Ashnisha Industries Ltd is experiencing a decline in its stock price, currently at 3.42, which reflects a change of -0.03 or -0.87%. This downward movement can be attributed to several factors highlighted in the data. Over the past week, the stock has underperformed significantly, with a decrease of 5.79%, while the benchmark Sensex has only fallen by 0.04%. Additionally, the stock's performance over the last month shows a decline of 12.53%, compared to a 10.00% drop in the Sensex.<BR><BR>Despite a positive year-to-date return of 3.64%, the stock's long-term performance is concerning, particularly over the last three years, where it has plummeted by 72.84%, contrasting sharply with the Sensex's gain of 29.33%. The company's fundamentals are also weak, as indicated by operating losses and a poor EBIT to Interest ratio of -1.93, which raises concerns about its ability to service debt. Furthermore, the stock is trading at risky levels compared to its historical valuations, and while it has generated a return of 17.72% over the past year, its profits have only increased by 7%.<BR><BR>Today's performance indicates that the stock has underperformed its sector, which has gained by 2.99%. The moving averages show that the stock is higher than the 200-day moving average but lower than the shorter-term averages, suggesting a lack of momentum. Although there has been a notable increase in delivery volume, rising by 270.99% against the 5-day average, the overall sentiment remains negative due to the company's weak long-term growth prospects and operating losses.

Why is Ashnisha Industries Ltd falling/rising?

As of 23-Mar, Ashnisha Industries Ltd's stock price is currently at 3.31, reflecting a 3.78% decline. The stock has significantly underperformed over various timeframes, including a 73.37% drop over the past three years, indicating a bearish trend and waning investor interest.

As of 23-Mar, Ashnisha Industries Ltd's stock price is falling, currently at 3.31, reflecting a decrease of 0.13 or 3.78%. The stock has been on a downward trend, having lost value for the last two days with a total decline of 4.06% during this period. Over the past week, the stock has underperformed the benchmark, with a decline of 5.70% compared to the Sensex's drop of 3.72%. <BR><BR>In addition to the recent price movements, the stock has shown significant losses over the longer term, with a staggering 73.37% decline over the past three years, while the Sensex has gained 25.50% in the same timeframe. The stock's performance over one month is also concerning, with a drop of 16.62% against the Sensex's 12.72% decline. <BR><BR>Investor participation appears to be waning, as evidenced by a 35.05% decrease in delivery volume on March 20 compared to the five-day average. Furthermore, while the stock is trading above its 200-day moving average, it is below its shorter-term moving averages (5-day, 20-day, 50-day, and 100-day), indicating a bearish trend. The overall sector, Steel/Sponge Iron/Pig Iron, has also experienced a decline of 5.17%, contributing to the negative sentiment surrounding Ashnisha Industries Ltd.

Why is Ashnisha Industries Ltd falling/rising?

As of 24-Mar, Ashnisha Industries Ltd's stock price is rising to 3.37, following a trend reversal after two days of decline, despite underperforming its sector. Increased investor participation and a positive sentiment in the steel sector contribute to this rise, although the company faces significant operational challenges and weak financial fundamentals.

As of 24-Mar, Ashnisha Industries Ltd's stock price is rising, currently at 3.37, with a change of 0.06 (1.81%) upwards. This increase follows a trend reversal, as the stock has gained after two consecutive days of decline. Despite underperforming its sector by 0.66% today, the stock's performance is notable given the broader market context, where the Sensex has decreased by 2.63% over the past week.<BR><BR>Investor participation appears to be increasing, as evidenced by a delivery volume of 1.94 lacs on 23 March, which is a 16.84% rise compared to the 5-day average. Additionally, the steel sector, in which Ashnisha operates, has seen a gain of 2.53%, potentially contributing to positive sentiment around the stock.<BR><BR>However, it is important to note that while the stock has shown a strong performance over the past year with a return of 21.10%, the company faces significant challenges, including operating losses and weak long-term fundamental strength. The company's net sales and operating profit growth rates over the last five years are relatively low at 5.12% and 4.65%, respectively. Furthermore, the company's ability to service its debt is concerning, with a poor EBIT to Interest ratio of -1.93.<BR><BR>In summary, the stock's rise can be attributed to a recent trend reversal and increased investor participation, despite the underlying challenges the company faces.

Why is Ashnisha Industries Ltd falling/rising?

As of 25-Mar, Ashnisha Industries Ltd's stock price is declining at 3.30, underperforming its sector and showing a significant drop in delivery volume. Despite a 9.88% return over the past year, the company faces operating losses and weak growth prospects, compounded by a negative EBIT to interest ratio.

As of 25-Mar, Ashnisha Industries Ltd's stock price is falling, currently at 3.30, reflecting a change of -0.06 or -1.79%. The stock has underperformed its sector, which has gained by 2.54%, indicating a relative weakness in performance. Additionally, the stock's delivery volume has significantly decreased by 50.67% compared to the 5-day average, suggesting a decline in investor participation. <BR><BR>While the stock has shown a positive return of 9.88% over the past year, it is important to note that this is juxtaposed against a backdrop of operating losses and weak long-term fundamental strength. The company's net sales and operating profit have only grown at annual rates of 5.12% and 4.65%, respectively, over the last five years, indicating poor growth prospects. Furthermore, the company's ability to service its debt is compromised, as evidenced by a negative EBIT to interest ratio of -1.93. <BR><BR>Overall, the combination of underperformance against the sector, declining investor interest, and weak financial fundamentals contributes to the stock's current downward trend.

Which are the latest news on Ashnisha Indus.?