Ashapuri Gold

Why is Ashapuri Gold Ornament Ltd falling/rising?

As of 23-Jun, Ashapuri Gold Ornament Ltd's stock price is at 4.07, reflecting a 1.21% decrease and significant underperformance compared to the Sensex. The stock has consistently traded below its moving averages, indicating a bearish trend and decreased investor confidence.

As of 23-Jun, Ashapuri Gold Ornament Ltd's stock price is falling, currently at 4.07, which reflects a decrease of 0.05 or 1.21%. The stock has underperformed compared to the benchmark Sensex, with a one-week decline of 0.73% versus the Sensex's 0.79% drop. Over the past month, the stock has decreased by 3.78%, while the Sensex has increased by 1.04%. Year-to-date, Ashapuri Gold has seen a significant decline of 28.72%, compared to a 10.58% decline in the Sensex. <BR><BR>Moreover, the stock has consistently traded below its moving averages across various periods, indicating a bearish trend. Investor participation has also decreased, with a delivery volume of 1.91 lacs on 19 June, which is down by 12.07% compared to the five-day average. This decline in trading activity suggests a lack of confidence among investors, contributing to the stock's downward movement. Overall, these factors indicate that Ashapuri Gold Ornament Ltd is experiencing a decline in its stock price.

Which are the latest news on Ashapuri Gold?

What does Ashapuri Gold do?

Ashapuri Gold Ornament Ltd is a micro-cap company in the gems and jewellery industry, with recent net sales of ₹71 Cr and a net profit of ₹1 Cr as of March 2026. It was incorporated in 2008 and converted to a public company in 2019, currently holding a market cap of ₹137 Cr.

Overview:<BR>Ashapuri Gold Ornament Ltd operates in the gems, jewellery, and watches industry and is categorized 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 the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 71 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 137 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 7.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 11.59% <BR>Price-to-Book: 0.85 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Ashapuri Gold?

As of 10th June, Ashapuri Gold Ornament Ltd has a market capitalization of 137.00 Cr, with recent net sales of 317.20 Cr and a net profit of 18.56 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Ashapuri Gold Ornament Ltd has a market capitalization of 137.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 317.20 Cr, while the sum of Net Profit for the same period is 18.56 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 146.67 Cr, and Total Assets amount to 152.75 Cr.

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 are responsible for the company's strategic direction and operations.

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 plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Ashapuri Gold?

Ashapuri Gold's peers include Golkunda Diamond, Mini Diamonds(I), Ausom Enter., Retaggio Indust., Dev Labtech, Viram Suvarn, Kabra Jewels, and Moksh Ornaments. In terms of management risk, growth, and capital structure, Ashapuri Gold ranks below average compared to its peers, with a 1-year return of -40.41%.

Peers: The peers of Ashapuri Gold are Golkunda Diamond, Mini Diamonds(I), Ausom Enter., Retaggio Indust., Dev Labtech, Viram Suvarn, Kabra Jewels, and Moksh Ornaments.<BR><BR>Quality Snapshot: Excellent management risk is observed at Golkunda Diamond and Kabra Jewels, while Average management risk is found at Ausom Enter., Retaggio Indust., and Viram Suvarn, and the rest. Below Average management risk is seen at Ashapuri Gold, Mini Diamonds(I), Dev Labtech, and Moksh Ornaments. Growth is Excellent at Retaggio Indust. and Dev Labtech, Good at Golkunda Diamond, Ashapuri Gold, and Viram Suvarn, while Average growth is noted at Moksh Ornaments and the rest, and Below Average growth is present at Mini Diamonds(I) and Ausom Enter. Capital Structure is Excellent at Ashapuri Gold, Good at Retaggio Indust. and Dev Labtech, Average at Golkunda Diamond, Ausom Enter., Viram Suvarn, Moksh Ornaments, and the rest, and Below Average at Mini Diamonds(I) and Kabra Jewels.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Retaggio Indust. at 211.07%, while the peer with the lowest is Mini Diamonds(I) at -64.45%. Ashapuri Gold's 1-year return of -40.41% is better than Mini Diamonds(I) but worse than Retaggio Indust. Additionally, Ausom Enter., Mini Diamonds(I), and Viram Suvarn have negative six-month returns.

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