Ashima

Why is Ashima Ltd falling/rising?

As of 01-Sep, Ashima Ltd's stock price is at 17.57, reflecting a 5.23% decrease and a continued downward trend with significant underperformance compared to its sector and broader market benchmarks. The company faces a weak long-term outlook, declining investor interest, and concerning financial health indicators.

As of 01-Sep, Ashima Ltd's stock price is falling, currently at 17.57, which reflects a decrease of 0.97 or 5.23%. The stock has been on a downward trend, having underperformed its sector by 4.97% today and experiencing a consecutive fall over the last three days, resulting in a total decline of 6.77% during this period. <BR><BR>In terms of performance relative to broader market benchmarks, Ashima Ltd has shown negative returns across various time frames, including a year-to-date decline of 8.87% and a significant drop of 27.70% over the past year, while the Sensex has only decreased by 4.26% in the same period. This underperformance is compounded by a weak long-term fundamental outlook, as indicated by a -122.42% compound annual growth rate (CAGR) in operating profits over the last five years and a negative EBITDA of Rs. -3.53 crore.<BR><BR>Additionally, investor participation has been declining, with delivery volume falling by 51.69% compared to the five-day average, suggesting reduced interest in the stock. Despite some positive financial results reported earlier, such as a 318.18% growth in operating profit, the overall financial health of the company remains concerning, particularly with a poor EBIT to interest ratio of 0.83 and a low return on equity of 4.19%. These factors contribute to the stock's current decline.

Which are the latest news on Ashima?

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).

The management team of Ashima includes the following members:<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>If you need more specific information about any of these individuals or their roles, feel free to ask!

What does Ashima do?

Ashima Ltd operates in the real estate and garments industry, having transitioned from cotton textile operations in 2024. As of June 2026, it reported net sales of 8 Cr and a net profit of 2 Cr, with a market cap of INR 359 Cr.

Overview:<BR>Ashima Ltd is engaged in the real estate business and operates in the garments and apparels industry, categorized as a micro-cap company.<BR><BR>History:<BR>The company has undergone a status change by closing its cotton textile operations in 2024. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 8 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 359 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.34 <BR>Return on Equity: -1.76% <BR>Price to Book: 1.30<BR><BR>Contact Details:<BR>Address: Texcellence Complex, Khokhara-Mehmedabad Ahmedabad Gujarat : 380021 <BR>Website: http://www.ashima.in

Who are the peers of the Ashima?

Ashima's peers include Raghuvir Synth, DCM Nouvelle, Super Sales Ind., Bella Casa Fashi, Omnitex Industri, Axita Cotton, Logica Infoway, Vardhman Acrylic, and Forcas Studio. Management risk varies from below average to good, with DCM Nouvelle showing the highest 1-year return at 18.63% and Bella Casa Fashi the lowest at -43.10%.

Peers: The peers of Ashima are Raghuvir Synth, DCM Nouvelle, Super Sales Ind., Bella Casa Fashi, Omnitex Industri, Axita Cotton, Logica Infoway, Vardhman Acrylic, and Forcas Studio.<BR><BR>Quality Snapshot: Below Average management risk is observed at Raghuvir Synth, Ashima, DCM Nouvelle, and the rest. Average management risk is found at Super Sales Ind., Bella Casa Fashi, Omnitex Industri, Logica Infoway, and Vardhman Acrylic, while Good management risk is noted at Axita Cotton and Forcas Studio. Growth is rated as Good for DCM Nouvelle and Excellent for Logica Infoway and Forcas Studio, while Below Average growth is seen at Raghuvir Synth, Super Sales Ind., Ashima, Bella Casa Fashi, Omnitex Industri, Axita Cotton, and Vardhman Acrylic. Capital Structure ratings show Good at Axita Cotton, Excellent at Vardhman Acrylic, and Below Average at Raghuvir Synth, DCM Nouvelle, Ashima, Super Sales Ind., Bella Casa Fashi, Omnitex Industri, Logica Infoway, and Forcas Studio.<BR><BR>Return Snapshot: DCM Nouvelle has the highest 1-year return at 18.63%, while Bella Casa Fashi has the lowest at -43.10%. Ashima's 1-year return of -24.79% is better than Bella Casa Fashi's but worse than DCM Nouvelle's. Additionally, the six-month return is negative for Raghuvir Synth, Bella Casa Fashi, Axita Cotton, Logica Infoway, and Forcas Studio.

How big is Ashima?

As of 31st August, Ashima Ltd has a market capitalization of 359.00 Cr and reported net sales of 19.98 Cr with a loss of 15.83 Cr over the latest four quarters. Shareholder's funds are 276.91 Cr, and total assets amount to 512.02 Cr as of March 2026.

As of 31st August, Ashima Ltd has a market capitalization of 359.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashima reported net sales of 19.98 Cr. However, the company experienced a loss of 15.83 Cr during the same period.<BR><BR>The latest reporting period for the balance sheet is March 2026. Shareholder's funds stand at 276.91 Cr, while total assets amount to 512.02 Cr.

Should I buy, sell or hold Ashima Ltd?

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.

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