Asi Industries

Why is Asi Industries Ltd falling/rising?

As of 04-Aug, the stock price of Asi Industries Ltd is declining, currently at 26.96, reflecting a 2.35% decrease. This trend is marked by a total drop of 10.24% over the last four days, underperformance against its sector, and reduced investor participation.

As of 04-Aug, the stock price of Asi Industries Ltd is falling, currently at 26.96, which reflects a decrease of 0.65 or 2.35%. This decline is part of a broader trend, as the stock has been underperforming significantly, with a consecutive fall over the last four days resulting in a total drop of 10.24%. <BR><BR>In terms of performance relative to the market, the stock has underperformed its sector by 1.8% today. Over the past week, it has decreased by 5.50%, while the benchmark Sensex has risen by 2.17%. Although the stock showed a positive return of 9.95% over the past month, its year-to-date performance remains negative at -7.45%, which is slightly better than the Sensex's decline of -7.97%. <BR><BR>Investor participation has also decreased, with delivery volume dropping by 70.78% compared to the 5-day average, indicating reduced interest from investors. Despite the stock being above its longer-term moving averages (20, 50, 100, and 200 days), it is below the 5-day moving average, suggesting recent weakness in price momentum. <BR><BR>Overall, the combination of consecutive price declines, underperformance against the sector, falling investor participation, and recent negative returns contribute to the current downward trend in the stock price of Asi Industries Ltd.

Which are the latest news on Asi Industries?

Should I buy, sell or hold Asi Industries Ltd?

How big is Asi Industries?

As of 10th June, Asi Industries Ltd has a market capitalization of 220.00 Cr, classified as a Micro Cap, with recent net sales of 160.58 Cr and a net loss of 65.71 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Asi Industries Ltd has a market capitalization of 220.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 160.58 Cr, while the sum of Net Profit for the same period reflects a loss of 65.71 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2022, with Shareholder's Funds amounting to 292.12 Cr and Total Assets totaling 453.66 Cr.

Who are in the management team of Asi Industries?

The management team of Asi Industries includes Deepak Jatia (Chairman & Managing Director), Tushya Jatia and Anita Jatia (Whole-time Directors), and independent directors Anshul M Sonawala, Sanjay Seksaria, and Gaurang Manahar Gandhi, along with Manish Kakrai (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

The management team of Asi Industries includes the following individuals:<BR><BR>1. **Deepak Jatia** - Chairman & Managing Director<BR>2. **Tushya Jatia** - Whole-time Director<BR>3. **Anita Jatia** - Whole-time Director<BR>4. **Anshul M Sonawala** - Independent Director<BR>5. **Sanjay Seksaria** - Independent Director<BR>6. **Gaurang Manahar Gandhi** - Independent Director<BR>7. **Manish Kakrai** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Asi Industries?

Peers of Asi Industries include Gravita India, Ashapura Minech, MOIL, and others. Management risk varies from excellent at Gravita India to below average at Ashapura Minech, with Asi Industries showing average risk and a 1-year return of -29.04%.

Peers: The peers of Asi Industries are Gravita India, Ashapura Minech., MOIL, Orissa Minerals, 20 Microns, NILE, Goa Carbon, South. Magnesium, Raw Edge Indust., and Kachchh Minerals.<BR><BR>Quality Snapshot: Excellent management risk is observed at Gravita India and South. Magnesium, while Good management risk is found at MOIL. Average management risk is present at 20 Microns, NILE, Goa Carbon, and Asi Industries, while Below Average management risk is noted at Ashapura Minech. and Raw Edge Indust. Growth is Excellent at Gravita India and Ashapura Minech., while Below Average growth is seen at MOIL, 20 Microns, Goa Carbon, Asi Industries, and South. Magnesium. The rest have either Does not qualify or Average growth. Capital Structure is Excellent at MOIL and Asi Industries, Good at Gravita India and South. Magnesium, Average at NILE, and Below Average at Ashapura Minech., Raw Edge Indust., and the rest.<BR><BR>Return Snapshot: Ashapura Minech. has the highest 1-year return at 73.92%, while MOIL has the lowest at -27.72%. Asi Industries' 1-year return is -29.04%, which is lower than MOIL's. Additionally, the six-month return is negative for Gravita India, MOIL, Orissa Minerals, Goa Carbon, South. Magnesium, and Raw Edge Indust.

What does Asi Industries do?

Asi Industries Ltd is a Micro Cap company involved in the mining and processing of natural stones, with net sales of 49 Cr and a net profit of 6 Cr reported for March 2026. The company has a market cap of INR 220 Cr and key financial metrics include a P/E ratio of 10.00 and a dividend yield of 1.53%.

Overview:<BR>Asi Industries Ltd is engaged in the mining and processing of natural stones and operates within the Minerals & Mining industry, classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in January 1945 and was formerly known as Associated Stone Industries (Kotah) Ltd. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 49 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 6 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 220 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 1.53%<BR>- Debt Equity: 0.08<BR>- Return on Equity: 6.28%<BR>- Price to Book: 0.60<BR><BR>Contact Details:<BR>Address: Marathon Innova A-Wing 7th Flr, Lower Parel Mumbai Maharashtra : 400013<BR>Tel: 91-22-40896100<BR>Email: investors@asistone.com<BR>Website: http://www.asigroup.co.in

When is the next results date for Asi Industries Ltd?

The next results date for Asi Industries Ltd is 18 May 2026.

The next results date for Asi Industries Ltd is scheduled for 18 May 2026.

Are Asi Industries Ltd latest results good or bad?

ASI Industries Ltd's latest results show a significant recovery, with a net profit of ₹12.30 crore and record revenue of ₹50.70 crore in Q3 FY26. However, the company still faces challenges, including past volatility and a low return on equity, which may impact its long-term performance.

The latest results for ASI Industries Ltd show a significant turnaround, indicating a positive trend. In the third quarter of FY26, the company reported a net profit of ₹12.30 crore, a remarkable recovery from a loss of ₹15.39 crore in the previous quarter. Additionally, revenue reached ₹50.70 crore, marking the highest quarterly revenue in the company's history.<BR><BR>The profit after tax (PAT) margin improved to 24.26%, compared to a negative margin of -35.33% in the previous quarter. Furthermore, the operating profit margin stood at 27.84%, demonstrating a recovery from negative territory in earlier quarters.<BR><BR>However, while these results reflect a strong quarterly performance, it's important to note that ASI Industries has faced significant challenges in the past, including extreme earnings volatility and a low return on equity of just 4.80%, which is considerably below its peers. The stock has also underperformed dramatically over the past year, declining by 38.29%, raising concerns about its operational stability and competitive positioning.<BR><BR>In summary, while the latest results are good in terms of recovery and growth, the company still grapples with underlying issues that could affect its long-term performance. Investors should weigh these results against the broader context of the company's operational challenges and market performance.

How has been the historical performance of Asi Industries?

Asi Industries has experienced significant fluctuations in performance, with net sales increasing to 238.03 Cr in March 2022 but facing rising costs that led to negative operating profit of -8.69 Cr and a profit after tax of -55.90 Cr. The company's total assets and liabilities decreased substantially, indicating a challenging financial position.

Answer:<BR>The historical performance of Asi Industries has shown significant fluctuations over the years, particularly in net sales and profitability. <BR><BR>Breakdown:<BR>Asi Industries reported net sales of 238.03 Cr in March 2022, an increase from 226.80 Cr in March 2021, but a decline from 259.91 Cr in March 2019. The total operating income mirrored this trend, reaching 238.03 Cr in March 2022, up from 226.80 Cr in the previous year. However, the company faced rising raw material costs, which surged to 61.44 Cr in March 2022 from just 0.74 Cr in March 2021. This contributed to a total expenditure of 252.20 Cr in March 2022, significantly higher than 190.18 Cr in March 2021. Consequently, the operating profit (PBDIT) turned negative at -8.69 Cr in March 2022, a stark contrast to the 40.41 Cr profit recorded in March 2021. The profit before tax also fell sharply to -63.36 Cr in March 2022 from 16.07 Cr in the prior year, leading to a profit after tax of -55.90 Cr, down from 11.39 Cr in March 2021. The company's total assets decreased to 453.66 Cr in March 2022 from 734.49 Cr in March 2021, while total liabilities also dropped to 453.66 Cr from 734.49 Cr, indicating a significant contraction in the company's financial position. Cash flow from operating activities improved to 60.00 Cr in March 2022 from 29.00 Cr in March 2021, but cash flow from financing activities saw a negative shift of -204.00 Cr in March 2022, reflecting challenges in managing debt and financing. Overall, the financial metrics indicate a challenging year for Asi Industries, marked by increased costs and declining profitability.

Is Asi Industries overvalued or undervalued?

As of October 31, 2025, Asi Industries is considered attractive and undervalued with a PE ratio of 11.51, a Price to Book Value of 0.85, and an EV to EBITDA ratio of 13.23, indicating potential growth opportunities despite a year-to-date return of -35.47%.

As of 31 October 2025, the valuation grade for Asi Industries has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as undervalued, with a PE ratio of 11.51, a Price to Book Value of 0.85, and an EV to EBITDA ratio of 13.23. These figures suggest that the stock is trading at a discount compared to its intrinsic value.<BR><BR>In comparison to peers, Asi Industries has a lower PE ratio than Kajaria Ceramics, which stands at 49.32, and L T Foods at 22.94, highlighting its relative affordability. Additionally, the PEG ratio for Asi Industries is 0.00, indicating potential growth opportunities that are not yet reflected in its price. While the stock has underperformed year-to-date with a return of -35.47% compared to the Sensex's 7.42%, its strong performance over longer periods, such as a 163.98% return over three years, suggests resilience and potential for recovery.

Who are the top shareholders of the Asi Industries?

The top shareholder of Asi Industries is Deepak Jatia Huf, holding 30.53%, with no pledged promoter holdings. Halan Properties Private Limited is the largest public shareholder at 4.23%, while individual investors collectively own 18.29%.

The top shareholders of Asi Industries include the promoters, with Deepak Jatia Huf holding the largest share at 30.53%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Halan Properties Private Limited, which owns 4.23%. Additionally, individual investors collectively hold 18.29% of the shares.

What is the technical trend for Asi Industries?

As of May 12, 2025, Asi Industries shows a mildly bearish technical trend, with conflicting signals from MACD and moving averages indicating a mix of bullish and bearish stances across different timeframes.

As of 12 May 2025, the technical trend for Asi Industries has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bearish on the weekly timeframe but mildly bullish on the monthly. Daily moving averages remain bearish, and the KST is mildly bullish weekly but mildly bearish monthly. Dow Theory reflects a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the conflicting signals from the MACD and moving averages.

What is the bonus history of the Asi Industries?

Asi Industries announced a 1:4 bonus issue on September 29, 2016, with a record date of September 30, 2016, meaning shareholders received one additional share for every four shares held.

Asi Industries has a bonus history that includes a 1:4 bonus issue announced on September 29, 2016. The record date for this bonus was September 30, 2016. This means that for every four shares held, shareholders received one additional share as a bonus. If you have any more questions about Asi Industries or need further details, feel free to ask!

Has Asi Industries declared dividend?

Asi Industries Ltd has declared a 35% dividend, amounting to ₹0.35 per share, with an ex-date of September 13, 2024. Despite a recent price decline, the company has shown strong long-term total returns, particularly over the past 5 years at 258.1%.

Asi Industries Ltd has declared a 35% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 35%<BR>- Amount per share: 0.35<BR>- Ex-date: 13 Sep 24<BR><BR>Dividend Yield: 0.95%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -26.34%, with no dividend return, resulting in a total return of -26.34%.<BR><BR>Over the past year, the price return was 35.57%, with a dividend return of 1.38%, leading to a total return of 36.95%.<BR><BR>In the 2-year period, the price return was 121.85%, with a dividend return of 3.60%, resulting in a total return of 125.45%.<BR><BR>For the 3-year period, the price return was 150.44%, with a dividend return of 4.37%, leading to a total return of 154.81%.<BR><BR>In the last 4 years, the price return was 19.05%, with a dividend return of 1.92%, resulting in a total return of 20.97%.<BR><BR>Over the past 5 years, the price return was 252.19%, with a dividend return of 5.91%, leading to a total return of 258.1%.<BR><BR>Overall, Asi Industries Ltd has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in the longer term, despite some short-term fluctuations.