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.

When is the next results date for Ashnisha Indus.?

The next results date for Ashnisha Indus. is 14 August 2025.

The next results date for Ashnisha Indus. is scheduled for 14 August 2025.

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.

Should I buy, sell or hold Ashnisha Indus.?

Which are the latest news on Ashnisha Indus.?

Why is Ashnisha Industries Ltd falling/rising?

As of 02-Feb, Ashnisha Industries Ltd's stock is declining by 2.0% after a trend reversal, following seven days of gains. Concerns about the company's financial health, including operating losses and weak investor participation, are contributing to this downward movement.

As of 02-Feb, Ashnisha Industries Ltd's stock price is currently falling, with a change of -0.08, representing a decline of 2.0%. This decline follows a trend reversal after seven consecutive days of gains. Despite the recent positive performance over the past week, where the stock increased by 6.23% compared to a minimal gain of 0.16% in the Sensex, the stock has underperformed its sector by 3.2% today.<BR><BR>The company's financial health raises concerns, as it has reported operating losses and weak long-term fundamental strength. Over the last five years, net sales have grown at a mere annual rate of 1.44%, while operating profit has only increased by 9.51%. Additionally, the company's ability to service its debt is weak, indicated by a poor EBIT to Interest ratio of -1.69. The operating cash flow for the year is notably low at Rs -12.75 Cr, and net sales for the first nine months have decreased by 25.66%, further contributing to the negative sentiment surrounding the stock.<BR><BR>Moreover, there has been a significant drop in investor participation, with delivery volume falling by 49.15% against the five-day average. This decline in trading activity suggests a lack of confidence among investors, which is likely influencing the stock's current downward movement. Overall, the combination of weak financial performance, declining investor interest, and a recent trend reversal are key factors contributing to the falling stock price of Ashnisha Industries Ltd.