Ashima

Why is Ashima Ltd falling/rising?

As of 07-Aug, Ashima Ltd's stock price is 18.15, down 0.22%, due to underperformance relative to its sector and a 15.96% drop in investor participation. The stock has declined 5.86% year-to-date and 25.28% over the past year, indicating significant challenges.

As of 07-Aug, Ashima Ltd's stock price is currently at 18.15, reflecting a decrease of 0.04 or 0.22%. This decline can be attributed to several factors. Firstly, the stock has underperformed its sector by 0.7% today, indicating weaker performance relative to its peers. Additionally, there has been a notable drop in investor participation, with the delivery volume on 06 August falling by 15.96% compared to the 5-day average. This decrease in trading activity suggests a lack of interest from investors, which can contribute to downward pressure on the stock price.<BR><BR>Despite trading above its moving averages for 5, 20, 50, 100, and 200 days, the overall sentiment appears negative, as evidenced by the stock's year-to-date performance, which shows a decline of 5.86%. Furthermore, the stock has experienced a significant drop of 25.28% over the past year, contrasting sharply with the Sensex, which has only decreased by 2.63% in the same period. These factors collectively indicate that Ashima Ltd is facing challenges that are contributing to its falling stock price.

Which are the latest news on Ashima?

Are Ashima Ltd latest results good or bad?

Ashima Ltd's latest results are largely negative, with a significant decline in net profit despite a 21.43% increase in net sales. While operating margins improved, the company faces structural challenges and has underperformed the market, indicating that the results do not suggest a sustainable turnaround.

Ashima Ltd's latest results present a mixed picture, leaning towards negative overall. In Q1 FY27, the company reported a consolidated net profit of ₹1.93 crore, which is a significant decline of 127.81% quarter-on-quarter and 176.28% year-on-year. This indicates that while there was a profit, it was substantially lower than in previous periods.<BR><BR>On the positive side, net sales increased to ₹8.33 crore, marking a 21.43% growth from the previous quarter and a remarkable 200.72% increase compared to the same quarter last year. This growth, however, comes from a very low base, as the previous year's sales were significantly depressed.<BR><BR>The operating margin improved to 39.74%, the highest in seven quarters, which is a positive sign of operational recovery. However, the return on equity remains weak at 4.19%, reflecting poor capital efficiency.<BR><BR>Despite the quarterly sales growth and improved margins, the company faces significant structural challenges, as evidenced by its five-year sales growth rate of -38.14%. The stock's technical indicators are bearish, and it has underperformed the market significantly over the past year, with a decline of nearly 50%.<BR><BR>Overall, while there are some signs of recovery in sales and margins, the underlying issues and volatility suggest that the results are not strong enough to indicate a sustainable turnaround. Therefore, the overall assessment of Ashima Ltd's latest results leans towards negative.

Should I buy, sell or hold Ashima Ltd?

How big is Ashima?

As of 10th June, Ashima Ltd has a market capitalization of 307.00 Cr, classifying it as a Micro Cap company, with recent net sales of 14.42 Cr and a net profit loss of 20.29 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Ashima Ltd has a market capitalization of 307.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 14.42 Cr, while the sum of Net Profit for the same period reflects a loss of 20.29 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 298.55 Cr, and Total Assets amount to 452.34 Cr.

Who are in the management team of Ashima?

The management team of Ashima includes Chintan N Parikh (Chairman & Managing Director), Bakul H Dholakia, Koushlya V Melwani, Neeraj Golas, Sanjay Majmudar (all Independent Directors), Shrikant Sachidanand Pareek (Director of Operations), Krishnachintan Parikh (Executive Director), and Shweta Sultania (Company Secretary & Compliance Officer). They are responsible for guiding the company's strategic direction and operations.

The management team of Ashima includes the following key individuals:<BR><BR>1. **Chintan N Parikh** - Chairman & Managing Director<BR>2. **Bakul H Dholakia** - Independent Director<BR>3. **Koushlya V Melwani** - Independent Director<BR>4. **Neeraj Golas** - Independent Director<BR>5. **Sanjay Majmudar** - Independent Director<BR>6. **Shrikant Sachidanand Pareek** - Director (Operation)<BR>7. **Krishnachintan Parikh** - Executive Director<BR>8. **Shweta Sultania** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Ashima?

Ashima's peers include Manomay Tex Indi, Vardhman Polytex, Soma Textiles, Bella Casa Fashi, DCM Nouvelle, Le Merite Export, Shree Karni, Axita Cotton, and Omnitex Industri. Notably, Soma Textiles has the highest 1-year return at 126.64%, while Vardhman Polytex has the lowest at -45.17%.

Peers: The peers of Ashima are Manomay Tex Indi, Vardhman Polytex, Soma Textiles, Bella Casa Fashi, DCM Nouvelle, Le Merite Export, Shree Karni, Axita Cotton, and Omnitex Industri.<BR><BR>Quality Snapshot: Excellent management risk is observed at Axita Cotton, while Average management risk is found at Manomay Tex Indi, Soma Textiles, Bella Casa Fashi, Shree Karni, and Omnitex Industri, and the rest have Below Average management risk. Growth ratings show that Soma Textiles has Average growth, while Bella Casa Fashi and Shree Karni also have Average growth, and the rest are Below Average. For Capital Structure, Axita Cotton has Good capital structure, while Bella Casa Fashi and Shree Karni have Average capital structure, and the rest are Below Average.<BR><BR>Return Snapshot: Soma Textiles has the highest 1-year return at 126.64%, while Vardhman Polytex has the lowest at -45.17%, and Ashima's own 1-year return of -43.95% is slightly better than Vardhman Polytex's. Additionally, several peers, including Le Merite Export, Shree Karni, Axita Cotton, and Omnitex Industri, have negative six-month returns.

What does Ashima do?

Ashima Ltd operates in the textiles and real estate sectors, focusing on denim fabric and ready-made garment manufacturing. As of March 2026, it reported net sales of 7 Cr and a net loss of 7 Cr, with a market cap of INR 307 Cr.

Overview:<BR>Ashima Ltd is engaged in the textiles and real estate business, specializing in the manufacture of denim fabrics and readymade garments within the garments and apparels industry, categorized as a micro-cap company.<BR><BR>History:<BR>The specific incorporation year is not provided, but the latest quarterly results reported are for March 2026, showing net sales and net profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 7 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -7 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 307 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.34 <BR>Return on Equity: -1.76% <BR>Price to Book: 1.12 <BR><BR>Contact Details:<BR>Address: Texcellence Complex, Khokhara-Mehmedabad Ahmedabad Gujarat : 380021 <BR>Website: http://www.ashima.in

When is the next results date for Ashima Ltd?

The next results date for Ashima Ltd is 23 May 2026.

The next results date for Ashima Ltd is scheduled for 23 May 2026.

How has been the historical performance of Ashima?

Ashima has experienced significant declines in net sales and profitability, with net sales dropping from 335.83 Cr in Mar'19 to 10.48 Cr in Mar'25, and profit before tax shifting from a profit of 32.78 Cr in Mar'19 to a loss of 0.27 Cr in Mar'25. Overall, the company's financial performance reflects a challenging environment with consistent revenue and profit decreases.

Answer:<BR>The historical performance of Ashima shows significant fluctuations in key financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Ashima's net sales have seen a dramatic decline from 335.83 Cr in Mar'19 to just 10.48 Cr in Mar'25, indicating a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 259.36 Cr in Mar'11 to 10.48 Cr in Mar'25. Operating profit (PBDIT) also reflected this decline, with a peak of 73.53 Cr in Mar'24 followed by a decrease to 7.19 Cr in Mar'25. The profit before tax transitioned from a profit of 32.78 Cr in Mar'19 to a loss of 0.27 Cr in Mar'25, while the profit after tax mirrored this trend, falling from 32.63 Cr in Mar'19 to a loss of 0.24 Cr in Mar'25. The company's total assets decreased from 497.69 Cr in Mar'24 to 452.34 Cr in Mar'25, and total liabilities also saw a decline from 497.69 Cr to 452.34 Cr in the same period. Cash flow from operating activities remained negative throughout, culminating in a cash outflow of 19.00 Cr in Mar'25, despite a positive cash flow from investing activities of 29.00 Cr. Overall, Ashima's financial performance indicates a challenging environment with significant revenue and profit declines over the years.

Is Ashima technically bullish or bearish?

As of July 24, 2025, Ashima's market trend is neutral with mixed signals, showing a sideways movement due to conflicting indicators across various time frames.

As of 24 July 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD remains bearish, while the monthly MACD is mildly bearish. The Bollinger Bands indicate bearish conditions on both weekly and monthly time frames. However, daily moving averages show a mildly bullish trend. The KST is bullish on a weekly basis but mildly bearish monthly, and the OBV presents a mixed picture with weekly readings being mildly bearish and monthly readings mildly bullish. Overall, the lack of strong bullish or bearish signals suggests a sideways market for Ashima at this time.

Is Ashima overvalued or undervalued?

As of May 20, 2025, Ashima is considered very expensive and overvalued, with a PE ratio of -582.46 and poor stock performance, significantly lagging behind peers like K P R Mill Ltd and Trident.

As of 20 May 2025, the valuation grade for Ashima has moved from expensive to very expensive, indicating a significant deterioration in its valuation outlook. The company is currently deemed overvalued. Key ratios highlight this concern: the PE ratio stands at an alarming -582.46, the EV to EBIT ratio is 178.63, and the EV to EBITDA ratio is 149.66, all suggesting that the company's valuation metrics are not in line with its financial performance.<BR><BR>When compared to peers, Ashima's valuation appears starkly out of sync. For instance, K P R Mill Ltd, also categorized as very expensive, has a PE ratio of 47.51, while Trident, rated as fair, has a PE ratio of 42.6. This stark contrast underscores Ashima's overvaluation. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -5.85% compared to the Sensex's 5.64%, further reinforcing the notion that Ashima's current valuation is not justified by its financial fundamentals.

Who are the top shareholders of the Ashima?

The top shareholders of Ashima are primarily the promoters, with Chintan Navnitlal Parikh and Shefali Chintan Parikh holding 58.33% through the Navchintan Trust. Individual investors own 22.71%, while mutual funds and foreign institutional investors have minimal holdings.

The top shareholders of Ashima are primarily the promoters, with Chintan Navnitlal Parikh and Shefali Chintan Parikh, as trustees of the Navchintan Trust, holding the largest stake at 58.33%. In addition to the promoters, individual investors collectively hold 22.71% of the shares. There are also two mutual funds and two foreign institutional investors (FIIs) involved, but their holdings are minimal, at 0.0% and 0.03%, respectively. There are no pledged promoter holdings reported.

Has Ashima declared dividend?

No Dividend History Available