Ashima

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.

how big is Ashima?

As of June 06, Ashima Ltd has a market capitalization of 585.00 Cr and reported net sales of 16.10 Cr with a net profit of -18.99 Cr over the latest four quarters. Shareholder's funds are 226.20 Cr, and total assets are valued at 317.62 Cr as of March 2022.

Market Cap: Ashima Ltd has a market capitalization of 585.00 Cr and is classified as a Micro Cap company as of June 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest four quarters, which includes data from March 2025, December 2024, September 2024, and June 2024, is 16.10 Cr. The sum of Net Profit for the same quarters is -18.99 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: The balance sheet data is also on a Consolidated basis for the latest annual period ending March 2022. Shareholder's Funds are reported at 226.20 Cr, and Total Assets are valued at 317.62 Cr.

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.

Who are in the management team of Ashima?

As of March 2023, the management team of Ashima includes Chintan N Parikh (Chairman & Managing Director), along with several independent directors and other key executives responsible for the company's operations and strategic direction.

As of March 2023, the management team of Ashima includes the following individuals:<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>This team is responsible for overseeing the company's operations and strategic direction.

Has Ashima declared dividend?

No Dividend History Available

Who are the peers of the Ashima?

Ashima's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Bella Casa Fashi, Vishal Fabrics, Nahar Indl. Ent., and Borana. In terms of management risk, growth, and capital structure, Ashima ranks below average compared to its peers, with a 1-year return of 3.01%.

Peers: The peers of Ashima are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Bella Casa Fashi, Vishal Fabrics, Nahar Indl. Ent., and Borana.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is present at Trident, Bella Casa Fashi, and Vishal Fabrics, and the rest have Below Average management risk, including Ashima and Nahar Indl. Ent. In terms of Growth, Excellent growth is seen at K P R Mill Ltd and Page Industries, while Good growth is noted at Trent, and the rest, including Ashima, have Below Average growth. For Capital Structure, Excellent capital structure is found at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good capital structure is observed at Ashima, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while Vedant Fashions has the lowest at -24.65%. Ashima's 1-year return of 3.01% is lower than that of Page Industries but higher than Vedant Fashions. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, and Bella Casa Fashi.

What does Ashima do?

Ashima Ltd operates in the textiles and real estate sectors, primarily within the garments and apparels industry. As of March 2025, it reported net sales of 8 Cr and a net profit of 32 Cr, with a market cap of INR 534 Cr.

Overview:<BR>Ashima Ltd is engaged in the textiles and real estate business, operating within the garments and apparels industry as a micro-cap company.<BR><BR>History:<BR>The company has been incorporated for an unspecified duration, with its latest quarterly results reported for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 8 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 32 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 534 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.09 <BR>Return on Equity: -0.08% <BR>Price to Book: 1.80<BR><BR>Contact Details:<BR>Address: Texcellence Complex, Khokhara-Mehmedabad Ahmedabad Gujarat : 380021 <BR>Website: http://www.ashima.in

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.

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.

When is the next results date for Ashima Ltd?

The next results date for Ashima Ltd is 13 February 2026.

The next results date for Ashima Ltd is scheduled for 13 February 2026.

Are Ashima Ltd latest results good or bad?

Ashima Ltd's latest results are concerning, with Q3 FY26 net sales plummeting 80.55% quarter-over-quarter and 64.06% year-on-year, leading to a consolidated net loss of ₹2.74 crores. Despite a reduction in losses compared to last year, the company faces significant operational challenges and a deeply negative operating margin.

Ashima Ltd's latest results indicate a troubling performance. For Q3 FY26, the company reported net sales of ₹0.78 crores, which is a significant decline of 80.55% compared to the previous quarter and 64.06% year-on-year. This drastic drop in revenue suggests severe operational challenges, possibly due to disruptions in manufacturing or loss of key customers.<BR><BR>Additionally, the company faced a consolidated net loss of ₹2.74 crores, although this loss has narrowed from ₹11.55 crores in the same quarter last year, indicating some improvement in that regard. However, the operating margin remains deeply negative at -253.85%, reflecting a fundamental misalignment in cost structure, as employee costs alone exceeded total revenue by a considerable margin.<BR><BR>Overall, the financial performance points to a company in distress, struggling with persistent revenue decline and negative operating metrics. The outlook remains concerning, with critical questions about the company's operational viability and ability to recover from this downturn.

Should I buy, sell or hold Ashima Ltd?

Why is Ashima Ltd falling/rising?

As of 23-Mar, Ashima Ltd's stock price is at Rs. 12.91, reflecting a 7.79% decline and a total drop of 10.97% over the last three days. The stock has significantly underperformed the market, with a year-to-date decrease of 33.04% compared to a 14.70% decline in the Sensex.

As of 23-Mar, Ashima Ltd's stock price is falling, currently at Rs. 12.91, which reflects a decrease of Rs. 1.09 or 7.79%. This decline is part of a broader trend, as the stock has been losing value for the last three days, resulting in a total drop of 10.97% during this period. The stock has also reached a new 52-week low today.<BR><BR>In terms of performance relative to the market, Ashima Ltd has underperformed significantly, with a one-week decline of 9.40% compared to a 3.72% drop in the Sensex. Over the past month, the stock has decreased by 15.34%, while the Sensex fell by 12.72%. Year-to-date, Ashima Ltd's stock is down 33.04%, compared to a 14.70% decline in the Sensex. Over the past year, the stock has fallen by 35.71%, while the Sensex has only decreased by 5.47%.<BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The textile sector, in which Ashima operates, has also seen a decline of 2.41%, contributing to the negative sentiment surrounding the stock. Despite a rise in investor participation, with delivery volume increasing by 90.9% on March 20, this has not been enough to counteract the overall downward pressure on the stock price.

Why is Ashima Ltd falling/rising?

As of 24-Mar, Ashima Ltd's stock price is Rs. 12.78, down 1.92%, and has reached a new 52-week low. The company has significantly underperformed the market, facing financial struggles with operating losses and declining sales, leading to negative investor sentiment despite increased trading volume.

As of 24-Mar, Ashima Ltd's stock price is falling, currently at Rs. 12.78, reflecting a decrease of Rs. 0.25 or 1.92%. The stock has been on a downward trend, having lost 11.86% over the last four days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This consistent decline is compounded by the fact that the stock has reached a new 52-week low of Rs. 12.43 today.<BR><BR>In terms of performance relative to the market, Ashima Ltd has significantly underperformed, with a 1-week decline of 11.68% compared to a 2.63% drop in the Sensex, and a year-to-date decline of 33.71% versus the Sensex's 13.09% decline. The company's financial health is also concerning, as it has reported operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.33. Additionally, the company's net sales and profit after tax have both decreased by 50.56% over the past nine months, further highlighting its financial struggles.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 31.66% against the 5-day average, the overall sentiment remains negative due to the company's weak long-term fundamentals and negative EBITDA. The stock's performance has been below par both in the long term and near term, contributing to its current decline.

Why is Ashima Ltd falling/rising?

As of 25-Mar, Ashima Ltd's stock price is rising to Rs 12.95, reflecting a 2.37% increase after a trend reversal. However, it has a year-to-date decline of 32.83% and is trading below its moving averages, indicating ongoing challenges despite increased investor interest.

As of 25-Mar, Ashima Ltd's stock price is rising, currently at Rs 12.95, reflecting a change of 0.3 or 2.37% increase. This upward movement comes after a trend reversal, as the stock has gained following four consecutive days of decline. Additionally, the stock has outperformed its sector by 0.68% today, indicating a relative strength compared to its peers.<BR><BR>Despite this positive movement, it is important to note that Ashima Ltd has been underperforming over longer periods, with a year-to-date decline of 32.83% compared to a 11.67% drop in the Sensex. The stock is also trading below its moving averages across various time frames, which typically suggests a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 63.95% against the five-day average, indicating growing interest in the stock.<BR><BR>Overall, while Ashima Ltd is experiencing a short-term rise in its stock price, the broader context shows significant challenges and underperformance over the past year.

Which are the latest news on Ashima?