Ashapuri Gold

What does Ashapuri Gold do?

Ashapuri Gold Ornament Ltd is a micro-cap company in the gems and jewellery industry, with net sales of 84 Cr and a net profit of 1 Cr as of March 2025. It was incorporated in 2008 and became a public company in 2019, currently having a market cap of Rs 224 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, changing its name to "Ashapuri Gold Ornament Limited" on January 23, 2019. The latest reported quarterly results indicate net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 84 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 224 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 18.00<BR>- Industry P/E: 70<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.06<BR>- Return on Equity: 8.50%<BR>- Price to Book: 1.57<BR><BR>Contact Details:<BR>No Company Details Available. Registrar Address: Not available.

Has Ashapuri Gold declared dividend?

No Dividend History Available

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.

Who are the peers of the Ashapuri Gold?

Ashapuri Gold's peers include Mini Diamonds(I), Manbro Indust., Uday Jewellery, Ceenik Exports, Ausom Enter., AKI India, Golkunda Diamond, Pushpa Jewellers, Goldkart Jewels, and Moksh Ornaments. In terms of performance, Mini Diamonds(I) leads with a 1-year return of 104.10%, while Ashapuri Gold has a return of -18.87%.

Peers: The peers of Ashapuri Gold are Mini Diamonds(I), Manbro Indust., Uday Jewellery, Ceenik Exports, Ausom Enter., AKI India, Golkunda Diamond, Pushpa Jewellers, Goldkart Jewels, and Moksh Ornaments.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ashapuri Gold and Golkunda Diamond, while Average management risk is found at Manbro Indust., Uday Jewellery, Ausom Enter., and AKI India. Below Average management risk is noted at Mini Diamonds(I), Goldkart Jewels, and the rest. Excellent growth is seen at Ashapuri Gold and Mini Diamonds(I), while Average growth is found at Golkunda Diamond and the rest. Below Average growth is noted at Manbro Indust., Uday Jewellery, Ausom Enter., AKI India, and Goldkart Jewels. Capital Structure is Excellent at Ashapuri Gold, Good at Uday Jewellery, and Below Average at Mini Diamonds(I), Manbro Indust., Ausom Enter., AKI India, Golkunda Diamond, and Goldkart Jewels.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mini Diamonds(I) at 104.10%, while the peer with the lowest is Manbro Indust. at -38.04%. Ashapuri Gold's 1-year return is -18.87%, which is higher than Manbro Indust. but lower than Mini Diamonds(I). Additionally, Ceenik Exports, Ausom Enter., AKI India, Golkunda Diamond, and the rest have negative six-month returns.

Who are in the management team of Ashapuri Gold?

As of March 2021, 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, Saurabh Patel, and Pooja Jadiya (Additional Director). Each member contributes to the company's governance and leadership.

As of March 2021, the management team of Ashapuri Gold includes the following members:<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>Each member plays a distinct role in the governance and operational leadership of the company.

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.

How big is Ashapuri Gold?

As of 24th July, Ashapuri Gold Ornament Ltd has a market capitalization of 215.00 Cr, with recent net sales of 316.30 Cr and a net profit of 12.11 Cr. The balance sheet for March 2024 shows shareholder's funds of 89.95 Cr and total assets of 95.39 Cr.

As of 24th July, Ashapuri Gold Ornament Ltd has a market capitalization of 215.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashapuri Gold reported Net Sales of 316.30 Cr and a Net Profit of 12.11 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 89.95 Cr and Total Assets of 95.39 Cr.

Are Ashapuri Gold latest results good or bad?

Ashapuri Gold's latest results are strong, with a net profit increase of 167.19% and revenue growth of 93.39% quarter-over-quarter. However, concerns about low capital efficiency, reflected in a 5.21% return on equity, suggest caution regarding the sustainability of this growth.

The latest results for Ashapuri Gold are quite strong, indicating a significant improvement in financial performance. In the second quarter of FY26, the company reported a net profit of ₹8.47 crores, which is a remarkable increase of 167.19% compared to the previous quarter and a 144.80% rise year-on-year. Revenue also saw impressive growth, reaching ₹102.40 crores, up 93.39% from the previous quarter and 17.85% year-on-year.<BR><BR>Additionally, the operating margin improved to 11.19%, marking the highest level recorded, and the PAT margin increased to 8.27%, which is a substantial improvement from the prior quarter. These metrics suggest that Ashapuri Gold is gaining market share and improving its operational efficiency.<BR><BR>However, despite these positive results, there are concerns regarding the company's overall capital efficiency, as indicated by a low average return on equity (ROE) of 5.21%. This raises questions about the sustainability of the recent performance and whether the company can maintain its growth trajectory.<BR><BR>In summary, while the latest results reflect explosive growth and improved profitability, the underlying issues regarding capital efficiency and market skepticism about sustainability suggest a cautious approach moving forward.

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.

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.

Should I buy, sell or hold Ashapuri Gold?

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

The next results date for Ashapuri Gold Ornament Ltd is 10 February 2026.

The next results date for Ashapuri Gold Ornament Ltd is scheduled for 10 February 2026.

Why is Ashapuri Gold Ornament Ltd falling/rising?

As of 07-Feb, the stock price of Ashapuri Gold Ornament Ltd is Rs 5.14, unchanged from the previous session, and has declined 38.44% over the past year. The stock is underperforming its sector and is near its 52-week low, indicating bearish trends and declining investor interest.

As of 07-Feb, the stock price of Ashapuri Gold Ornament Ltd is currently at Rs 5.14, showing no change from the previous trading session. The stock has experienced a significant decline over the past year, with a decrease of 38.44%, while the benchmark Sensex has risen by 7.07% during the same period. Over the last month, the stock has fallen by 10.45%, compared to a smaller decline of 1.74% in the Sensex.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 1.2%. Additionally, the stock is close to its 52-week low, being only 2.92% above the low of Rs 4.99. The moving averages suggest that while the stock is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation appears to be declining, as evidenced by a 4.66% drop in delivery volume compared to the 5-day average. This decline in trading activity may further contribute to the stock's lack of upward momentum. Overall, the combination of poor performance relative to the benchmark, declining investor interest, and proximity to a 52-week low suggests that Ashapuri Gold Ornament Ltd is currently experiencing downward pressure on its stock price.

Which are the latest news on Ashapuri Gold?