Ashapuri Gold

Which are the latest news on Ashapuri Gold?

Why is Ashapuri Gold Ornament Ltd falling/rising?

As of 05-Sep, Ashapuri Gold Ornament Ltd's stock price is rising to 3.99, despite a year-long decline of 37.66%. The increase may reflect market correction or renewed interest, supported by strong operating profit growth and a low Debt to Equity ratio, although concerns about management efficiency and flat net sales persist.

As of 05-Sep, Ashapuri Gold Ornament Ltd's stock price is rising, currently at 3.99, with a change of 0.04 (1.01%) upwards. This increase can be attributed to several factors. Despite the stock's significant underperformance over the past year, where it has declined by 37.66% compared to the benchmark, it has shown a positive operating profit growth rate of 74.56% annually. This suggests that while the stock price has not reflected the company's profitability improvements, the current rise may indicate a market correction or renewed investor interest.<BR><BR>Additionally, the stock is trading at a discount compared to its peers' average historical valuations, which could attract investors looking for undervalued opportunities. The company's low Debt to Equity ratio of 0.04 times also indicates a strong financial position, which might contribute to positive sentiment among investors.<BR><BR>However, it is important to note that the stock has been underperforming against the benchmark consistently over the last three years, and there are concerns regarding management efficiency, as indicated by a low average Return on Equity (ROE) of 5.37%. Furthermore, the recent flat results in net sales, which fell by 18.3% compared to the previous four-quarter average, may still weigh on investor confidence.<BR><BR>In summary, while Ashapuri Gold Ornament Ltd is experiencing a rise in stock price, this is occurring amidst a backdrop of historical underperformance and mixed financial indicators, suggesting that the market is cautiously optimistic about the company's future potential.

Who are in the management team of Ashapuri Gold?

The management team of Ashapuri Gold includes Saremal Soni (Chairman & Managing Director), Dinesh Soni (Managing Director), Jitendra Soni (Joint Managing Director), and several independent directors: Mukeshkumar Mandaliya, Rushikesh Patel, Alka Kamdar, and Saurabh Patel, along with Additional Director Pooja Jadiya. They oversee the company's operations and strategic direction.

The management team of Ashapuri Gold includes the following individuals:<BR><BR>1. **Saremal Soni** - Chairman & Managing Director<BR>2. **Dinesh Soni** - Managing Director<BR>3. **Jitendra Soni** - Joint Managing Director<BR>4. **Mukeshkumar Shantilal Mandaliya** - Independent Director<BR>5. **Rushikesh Patel** - Independent Director<BR>6. **Alka Kamdar** - Independent Director<BR>7. **Saurabh Govindbhai Patel** - Additional Independent Director<BR>8. **Pooja Subhashbhai Jadiya** - Additional Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Ashapuri Gold do?

Ashapuri Gold Ornament Ltd is a micro-cap company in the gems, jewellery, and watches industry, with net sales of 65 Cr and a net profit of 5 Cr as of June 2026. It has a market cap of INR 133 Cr and key metrics include a P/E ratio of 6.00 and a return on equity of 12.86%.

Overview: <BR>Ashapuri Gold Ornament Ltd operates in the gems, jewellery, and watches industry as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated as a Private Limited Company on June 17, 2008, under the name "Ashapuri Gold Ornament Private Limited." It later converted to a Public Limited Company and changed its name to "Ashapuri Gold Ornament Limited" on January 23, 2019. The latest reported quarterly results indicate net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 65 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 133 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 6.00 <BR>Industry P/E: 49 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 12.86% <BR>Price to Book: 0.83<BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Ashapuri Gold?

Peers of Ashapuri Gold include Golkunda Diamond, Ausom Enter., Mini Diamonds(I), AJC Jewel, Viram Suvarn, Retaggio Indust., Goldkart Jewels, and Kabra Jewels. Ashapuri Gold has below-average management risk, good growth, and an excellent capital structure, with a 1-year return of -37.42%.

Peers: The peers of Ashapuri Gold are Golkunda Diamond, Ausom Enter., Mini Diamonds(I), AJC Jewel, Viram Suvarn, Retaggio Indust., Goldkart Jewels, and Kabra Jewels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Golkunda Diamond and Kabra Jewels, while Average management risk is found at Ausom Enter., AJC Jewel, and Viram Suvarn, and the rest. Below Average management risk is present at Ashapuri Gold, Mini Diamonds(I), Goldkart Jewels. Growth is Excellent at Retaggio Indust. and Kabra Jewels, Good at Ashapuri Gold, AJC Jewel, and Mini Diamonds(I), while Average growth is seen at Ausom Enter. and Goldkart Jewels, and Below Average growth is noted at Golkunda Diamond and Viram Suvarn. Capital Structure is Excellent at Ashapuri Gold, Good at Ausom Enter., Retaggio Indust., and Viram Suvarn, while Average is found at Golkunda Diamond, and Below Average at Mini Diamonds(I), AJC Jewel, Goldkart Jewels, and Kabra Jewels.<BR><BR>Return Snapshot: The peer with the highest 1-year return is AJC Jewel at 95.03%, while Mini Diamonds(I) has the lowest at -71.00%. Ashapuri Gold's 1-year return of -37.42% is significantly lower than AJC Jewel's. Additionally, Mini Diamonds(I) and Goldkart Jewels have negative six-month returns.

How big is Ashapuri Gold?

As of 31st August, Ashapuri Gold Ornament Ltd has a market capitalization of 133.00 Cr, with recent net sales of 329.04 Cr and a net profit of 20.60 Cr. Shareholder's funds are 146.67 Cr, and total assets amount to 152.75 Cr as of March 2025.

As of 31st August, Ashapuri Gold Ornament Ltd has a market capitalization of 133.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashapuri Gold reported Net Sales of 329.04 Cr and a Net Profit of 20.60 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 146.67 Cr and Total Assets totaling 152.75 Cr.

Should I buy, sell or hold Ashapuri Gold Ornament Ltd?

Are Ashapuri Gold Ornament Ltd latest results good or bad?

Ashapuri Gold Ornament Ltd's latest results are concerning, showing a 75.78% decline in net profit to ₹1.35 crore and a 22.61% drop in net sales to ₹70.61 crore in Q4 FY26, indicating significant operational challenges and reduced profitability.

The latest results for Ashapuri Gold Ornament Ltd are concerning and indicate a significant decline in performance. In Q4 FY26, the company reported a net profit of ₹1.35 crore, which is a dramatic decrease of 75.78% compared to the previous quarter. Net sales also fell by 22.61% to ₹70.61 crore, down from ₹91.24 crore in Q3 FY26. <BR><BR>The operating margin has plummeted to just 1.57%, down from 8.78% in the prior quarter, reflecting severe margin compression. Additionally, the PAT margin has deteriorated to 1.91% from 6.10%. These figures suggest that the company is facing significant operational challenges, including volatility in revenue and poor capital efficiency.<BR><BR>Overall, the financial performance indicates a company struggling to maintain profitability and operational stability in a competitive market, raising concerns about its future sustainability.

When is the next results date for Ashapuri Gold Ornament Ltd?

The next results date for Ashapuri Gold Ornament Ltd is 29 May 2026.

The next results date for Ashapuri Gold Ornament Ltd is scheduled for 29 May 2026.

How has been the historical performance of Ashapuri Gold?

Ashapuri Gold experienced significant growth in net sales and profits from March 2024 to March 2025, with net sales rising from 165.07 crore to 316.30 crore and profit after tax increasing from 7.67 crore to 12.04 crore. However, rising raw material costs and negative cash flow from operating activities present challenges.

Answer:<BR>The historical performance of Ashapuri Gold shows significant growth in net sales and profit over the years, particularly from March 2024 to March 2025.<BR><BR>Breakdown:<BR>Ashapuri Gold's net sales increased dramatically from 165.07 crore in March 2024 to 316.30 crore in March 2025, marking a substantial growth trend. Total operating income followed a similar pattern, rising from 165.07 crore to 316.30 crore during the same period. However, raw material costs surged to 337.13 crore in March 2025, up from 136.69 crore in March 2024, indicating increased expenditure. Despite this, the operating profit (PBDIT) improved from 11.66 crore in March 2024 to 17.23 crore in March 2025, reflecting a positive operating profit margin of 5.1%. Profit before tax also rose significantly from 10.28 crore to 16.12 crore, leading to a profit after tax of 12.04 crore in March 2025, compared to 7.67 crore in the previous year. The company's total assets increased from 95.39 crore in March 2024 to 152.75 crore in March 2025, while total liabilities also rose from 95.39 crore to 152.75 crore. Cash flow from operating activities showed a negative trend, with a cash outflow of 35 crore in March 2025, contrasting with a positive inflow of 4 crore in March 2024. Overall, Ashapuri Gold's financial performance indicates a robust growth trajectory in sales and profits, despite rising costs and cash flow challenges.

How has been the historical performance of Ashapuri Gold?

Ashapuri Gold experienced significant growth in net sales and profitability from March 2024 to March 2025, with net sales rising from 165.07 crore to 316.30 crore and profit after tax increasing from 7.67 crore to 12.04 crore. However, rising raw material costs and negative cash flow from operating activities indicate challenges in cash management.

Answer:<BR>The historical performance of Ashapuri Gold shows significant growth in net sales and profit over the years, particularly from March 2024 to March 2025.<BR><BR>Breakdown:<BR>Ashapuri Gold's net sales increased dramatically from 165.07 crore in March 2024 to 316.30 crore in March 2025, marking a substantial growth trend. Total operating income followed a similar trajectory, rising from 165.07 crore to 316.30 crore during the same period. However, raw material costs surged to 337.13 crore in March 2025, up from 136.69 crore in March 2024, indicating rising input costs. Despite this, the operating profit (PBDIT) improved from 11.66 crore in March 2024 to 17.23 crore in March 2025, reflecting better operational efficiency. Profit before tax also rose from 10.28 crore to 16.12 crore, while profit after tax increased from 7.67 crore to 12.04 crore, demonstrating a positive trend in profitability. The company's total assets grew from 95.39 crore in March 2024 to 152.75 crore in March 2025, alongside an increase in shareholder's funds from 89.95 crore to 146.67 crore. However, total debt decreased from 1.82 crore to 0.53 crore, indicating improved financial stability. Cash flow from operating activities showed a negative trend, with a cash outflow of 35 crore in March 2025, contrasting with a positive inflow of 4 crore in March 2024. Overall, Ashapuri Gold's performance reflects a strong growth trajectory in sales and profitability, despite challenges in cash flow management.

Who are the top shareholders of the Ashapuri Gold?

The top shareholders of Ashapuri Gold are primarily individual investors, holding 47.51% of shares, with Soni Saremal Champalal being the largest promoter at 9.66%. There are no significant institutional holdings or pledged promoter shares.

The top shareholders of Ashapuri Gold primarily consist of individual investors, who hold 47.51% of the company's shares. The promoter with the highest holding is Soni Saremal Champalal, who owns 9.66% of the shares. There are no significant institutional holdings, as mutual funds and foreign institutional investors do not hold any shares in the company. Additionally, there are no pledged promoter holdings.

Is Ashapuri Gold overvalued or undervalued?

As of May 19, 2025, Ashapuri Gold Ornament Ltd. is considered very attractive for investment due to its undervaluation, strong growth potential indicated by a PE ratio of 18.52 and a PEG ratio of 0.47, despite a recent one-year decline of 36.6%.

As of 19 May 2025, the valuation grade for Ashapuri Gold Ornament Ltd. has moved from attractive to very attractive. The company is currently undervalued based on its financial metrics. Key ratios include a PE ratio of 18.52, an EV to EBITDA of 14.95, and a PEG ratio of 0.47, indicating strong growth potential relative to its price.<BR><BR>In comparison to its peers, Ashapuri Gold's PE ratio aligns closely with the industry average, while its EV to EBITDA is competitive, suggesting it is well-positioned in the market. Notably, Ashapuri Gold has outperformed the Sensex over a three-year period, with a return of 57.97% compared to the Sensex's 49.10%. However, the recent one-year performance shows a decline of 36.6%, which may be a concern for investors. Overall, the current valuation presents a favorable opportunity for investment.

What is the technical trend for Ashapuri Gold?

As of May 15, 2025, Ashapuri Gold's technical trend is mildly bearish, influenced by conflicting MACD signals and bearish moving averages, despite some bullish indicators on the weekly and monthly charts.

As of 15 May 2025, the technical trend for Ashapuri Gold 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. Bollinger Bands are bearish on both weekly and monthly time frames. Daily moving averages are bearish, and the KST is mildly bullish weekly but bearish monthly. Dow Theory shows no trend in both weekly and monthly perspectives. Overall, the current technical stance is mildly bearish, driven primarily by the conflicting signals from the MACD and the bearish moving averages.

Has Ashapuri Gold declared dividend?

No Dividend History Available