Ashnisha Indus.

Why is Ashnisha Industries Ltd falling/rising?

As of 01-Sep, Ashnisha Industries Ltd's stock price is rising to 2.85, but it has faced significant long-term challenges, including a 37.50% decline over the past month and ongoing financial difficulties. Despite a short-term increase, the stock's bearish trend and reduced investor interest indicate continued pressure.

As of 01-Sep, Ashnisha Industries Ltd's stock price is rising, currently at 2.85, reflecting an increase of 0.13 or 4.78%. This upward movement comes after a trend reversal, as the stock has gained after eight consecutive days of decline. Additionally, it has outperformed its sector by 4.11% today, indicating a relative strength compared to its peers.<BR><BR>Despite this short-term rise, the stock has faced significant challenges over longer periods. For instance, it has seen a decline of 37.50% over the past month and 13.64% year-to-date. The stock is currently trading below its moving averages across various time frames, which suggests a generally bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 37.3% against the five-day average, indicating reduced interest from investors.<BR><BR>While there were positive results reported on June 26, such as a substantial growth in net sales, the company continues to face serious financial difficulties, including operating losses and a negative EBITDA of Rs. -1.42 cr. The weak long-term fundamental strength, highlighted by a poor EBIT to Interest ratio of 0.22, raises concerns about the company's ability to service its debt.<BR><BR>In summary, while Ashnisha Industries Ltd is experiencing a temporary rise in stock price, the underlying financial issues and declining investor participation suggest that the stock remains under pressure in the longer term.

Who are in the management team of Ashnisha Indus.?

The management team of Ashnisha Indus includes Ashok C Shah (Non-Executive & Non-Independent Director), Shalin A Shah (Non-Executive Director), Chandrakant Chauhan (Independent Director), Daxaben M. Shah (Independent Director), and Dimpal J. Solanki (Company Secretary).

The management team of Ashnisha Indus includes the following individuals:<BR><BR>1. **Ashok C Shah** - Non-Executive & Non-Independent Director<BR>2. **Shalin A Shah** - Non-Executive Director<BR>3. **Chandrakant Chauhan** - Independent Director<BR>4. **Daxaben M. Shah** - Independent Director<BR>5. **Dimpal J. Solanki** - Company Secretary<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

What does Ashnisha Indus. do?

Ashnisha Industries Ltd, incorporated in 2009, trades various steel products and operates within the micro-cap market. As of June 2026, it reported net sales of 1 Cr and a market cap of INR 72 Cr.

Overview:<BR>Ashnisha Industries Ltd is engaged in the trading of various steel products and belongs to the Trading & Distributors industry within the micro-cap market segment.<BR><BR>History:<BR>The company was incorporated on July 27, 2009, and changed its name from Ashnisha Alloys Limited to Ashnisha Industries Limited on August 8, 2017. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 72 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 424.00<BR>- Industry P/E: 25<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: -0.02<BR>- Return on Equity: 0.23%<BR>- Price to Book: 0.68<BR><BR>Contact Details:<BR>Address: 7th Floor Ashoka Chambers, Opp. HCG Hospital Mithakhali Ahmedabad Gujarat : 380006<BR>Tel: 91-079-26463227<BR>Email: ashnishalimited@gmail.com<BR>Website: http://www.ashnisha.in

Who are the peers of the Ashnisha Indus.?

Peers of Ashnisha Indus. include MRC Agrotech, Goyal Aluminiums, Variman Global, Cravatex, Confidence Fut., Fervent Synerg., Dhanlaxmi Cotex, Eforu Entertainm, and Chandni Machines. Ashnisha Indus. has a 1-year return of -2.86%, better than Variman Global's -65.07% but worse than Chandni Machines' 172.74%.

Peers: The peers of Ashnisha Indus. are MRC Agrotech, Goyal Aluminiums, Variman Global, Cravatex, Confidence Fut., Fervent Synerg., Dhanlaxmi Cotex, Eforu Entertainm, and Chandni Machines.<BR><BR>Quality Snapshot: Below Average management risk is observed at MRC Agrotech, Variman Global, Confidence Fut., Fervent Synerg., Dhanlaxmi Cotex, and Eforu Entertainm, while Average management risk is found at Goyal Aluminiums, Cravatex, and Chandni Machines. Good growth is noted at MRC Agrotech, Confidence Fut., and Fervent Synerg., while Average growth is seen at Variman Global, and the rest. Below Average growth is present at Goyal Aluminiums, Cravatex, Dhanlaxmi Cotex, Ashnisha Indus., Eforu Entertainm, and Chandni Machines. Excellent capital structure is found at Variman Global and Dhanlaxmi Cotex, Good capital structure is noted at Goyal Aluminiums and Chandni Machines, while Below Average capital structure is observed at MRC Agrotech, Cravatex, Confidence Fut., Fervent Synerg., Ashnisha Indus., and Eforu Entertainm.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Chandni Machines at 172.74%, while the lowest is Variman Global at -65.07%. Ashnisha Indus. has a 1-year return of -2.86%, which is better than Variman Global but worse than Chandni Machines. Additionally, MRC Agrotech, Goyal Aluminiums, Cravatex, Confidence Fut., Fervent Synerg., and Eforu Entertainm have negative six-month returns.

How big is Ashnisha Indus.?

As of 31st August, Ashnisha Industries Ltd has a market capitalization of 72.00 Cr, with Net Sales of 13.92 Cr and a Net Profit of 0.17 Cr reported in the latest four quarters. Shareholder's Funds are 60.70 Cr and Total Assets amount to 127.84 Cr as of March 2025.

As of 31st August, Ashnisha Industries Ltd has a market capitalization of 72.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashnisha Industries Ltd reported Net Sales of 13.92 Cr and a Net Profit of 0.17 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 60.70 Cr and Total Assets totaling 127.84 Cr.

Which are the latest news on Ashnisha Indus.?

Should I buy, sell or hold Ashnisha Industries Ltd?

Are Ashnisha Industries Ltd latest results good or bad?

The latest results for Ashnisha Industries Ltd are concerning, as despite record revenue growth of 429.81%, the company reported a net profit decline of 90% and an operating loss, indicating significant operational challenges and heavy reliance on non-operating income. Investors should exercise caution due to these risks.

The latest results for Ashnisha Industries Ltd are concerning overall. While the company reported a record revenue of ₹5.51 crores for Q4 FY26, which represents a significant year-on-year increase of 429.81% and a sequential growth of 112.74%, this impressive top-line growth is overshadowed by severe profitability issues.<BR><BR>The net profit for the quarter was only ₹0.01 crores, reflecting a dramatic 90% decline from the same quarter last year. This translates to a profit margin of just 0.18%, one of the lowest in recent quarters. Moreover, the company reported an operating loss of ₹1.07 crores, leading to an alarming operating margin of negative 19.42%. This indicates that the core trading business is fundamentally unprofitable.<BR><BR>A critical red flag is the company's heavy reliance on non-operating income, which accounted for an astonishing 1,433.33% of profit before tax. Without this non-operating cushion, the company would have faced substantial losses. Additionally, the tax rate of 88.89% on minimal pre-tax profits raises further concerns about the sustainability of its financial performance.<BR><BR>In summary, despite achieving record revenue, the underlying operational challenges and extreme dependency on non-operating income suggest that the results are more indicative of distress than success. Investors should approach this stock with caution given the significant risks involved.

When is the next results date for Ashnisha Industries Ltd?

The next results date for Ashnisha Industries Ltd is 14 August 2026.

The next results date for Ashnisha Industries Ltd is scheduled for 14 August 2026.

How has been the historical performance of Ashnisha Indus.?

Ashnisha Indus has faced significant financial challenges, with net sales declining from 74.21 Cr in Mar'19 to 4.83 Cr in Mar'25, and fluctuating profitability, culminating in a profit after tax of 0.17 Cr in Mar'25 after a loss in Mar'20. Despite increasing total assets and liabilities, the company has experienced negative cash flow from operating activities, indicating ongoing liquidity issues.

Answer:<BR>The historical performance of Ashnisha Indus shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Ashnisha Indus has experienced a notable decline in net sales, dropping from 74.21 Cr in Mar'19 to just 4.83 Cr in Mar'25. Total operating income followed a similar trend, decreasing from 74.21 Cr in Mar'19 to 4.83 Cr in Mar'25. The company reported an operating profit (PBDIT) of 1.79 Cr in Mar'25, which is a decrease from 9.03 Cr in Mar'19, indicating a challenging operating environment. Profit before tax has also fluctuated, with a peak of 4.24 Cr in Mar'19 and a modest 1.26 Cr in Mar'25. The profit after tax showed a recovery from a loss of 4.51 Cr in Mar'20 to a profit of 0.17 Cr in Mar'25. The total assets of the company increased from 64.89 Cr in Mar'20 to 127.84 Cr in Mar'25, while total liabilities rose from 64.89 Cr in Mar'20 to 127.84 Cr in Mar'25, reflecting a growing financial structure. Cash flow from operating activities has been negative in recent years, with a significant outflow of -12.00 Cr in Mar'25, indicating ongoing liquidity challenges. Overall, the financial performance of Ashnisha Indus has shown volatility, with a trend of declining sales and fluctuating profitability amidst increasing asset and liability levels.

Who are the top shareholders of the Ashnisha Indus.?

The top shareholders of Ashnisha Indus are Shalin Ashok Shah, the promoter with 8.42%, and Mohammad Shami, the highest public shareholder at 1.86%. Individual investors hold a significant 77.73%, with no mutual funds, foreign institutional investors, or pledged promoter holdings.

The top shareholders of Ashnisha Indus include Shalin Ashok Shah, who is the promoter with the highest holding at 8.42%. The highest public shareholder is Mohammad Shami, holding 1.86%. Additionally, individual investors collectively hold a significant portion of the company at 77.73%. There are no holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings.

Is Ashnisha Indus. overvalued or undervalued?

As of December 8, 2022, Ashnisha Industries is considered a risky investment due to its overvaluation indicated by a PE ratio of 34.34 and negative EBITDA, underperforming significantly against peers and the Sensex with a year-to-date return of -20.74%.

As of 8 December 2022, Ashnisha Industries' valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued at this time, with a PE ratio of 34.34, an EV to EBITDA of -20.06, and a Price to Book Value of 0.57. These ratios suggest that while the stock price is relatively high compared to its earnings, the negative EBITDA indicates underlying operational challenges.<BR><BR>In comparison to its peers, Ashnisha Industries is positioned unfavorably; for instance, JSW Steel Ltd. has a PE ratio of 64.98 and an EV to EBITDA of 14.20, while Tata Steel Ltd. boasts a PE of 51.92 with an EV to EBITDA of 11.04. The stark contrast in these ratios highlights Ashnisha's struggles within the trading and distribution sector. Furthermore, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -20.74% compared to the Sensex's 5.56%, reinforcing the notion that Ashnisha Industries may not be a compelling investment at its current valuation.

What is the technical trend for Ashnisha Indus.?

As of May 19, 2025, Ashnisha Indus is in a mildly bearish trend, with mixed signals from MACD and bearish moving averages, despite some bullish indicators on the weekly and monthly RSI.

As of 19 May 2025, the technical trend for Ashnisha Indus 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 chart. Bollinger Bands are bearish for both weekly and monthly time frames, and moving averages are bearish on the daily chart. The KST is mildly bullish weekly but bearish monthly. Dow Theory shows no trend in both weekly and monthly perspectives. Overall, the current stance is mildly bearish, driven primarily by the mixed signals from MACD and the bearish moving averages.

Has Ashnisha Indus. declared dividend?

No Dividend History Available