Ashnisha Indus.

Why is Ashnisha Industries Ltd falling/rising?

As of 20-Jun, Ashnisha Industries Ltd's stock price is declining significantly, currently at 2.95, with a year-to-date drop of -10.61% and a bearish trend indicated by trading below all major moving averages. The company's financial health is poor, marked by operating losses and a negative EBIT to Interest ratio, leading to its classification as a strong sell.

As of 20-Jun, Ashnisha Industries Ltd's stock price is falling, currently at 2.95, which reflects a change of -0.04 (-1.34%). The stock has been underperforming significantly against the benchmark Sensex, with a 1-week decline of -6.35% compared to a gain of +1.69% for the index. Over the past month, the stock has dropped by -28.74%, while the Sensex has increased by +2.13%. Year-to-date, the stock has decreased by -10.61%, contrasting with a smaller decline of -9.88% for the Sensex.<BR><BR>The stock has also been experiencing consecutive falls, losing -1.99% over the last two days. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 20.88% on June 17, the overall performance today shows that it underperformed its sector by -1.15%.<BR><BR>The company's financial health is concerning, with operating losses and a weak ability to service its debt, evidenced by a poor EBIT to Interest ratio of -2.77. The company has reported negative EBITDA of Rs. -1.6 crore and has a negative return on capital employed (ROCE). Additionally, the latest financial results show that non-operating income constituted an unusually high percentage of profit before tax, and the earnings per share (EPS) is at its lowest at Rs 0.00. These factors contribute to the stock being classified as a strong sell, further explaining the downward pressure on its price.

Which are the latest news on Ashnisha Indus.?

What does Ashnisha Indus. do?

Ashnisha Industries Ltd, incorporated in 2009, trades various steel products and operates in the micro-cap market with a market cap of INR 86 Cr. As of March 2026, it reported net sales of 6 Cr and a net profit of 0 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 the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 6 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 86 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 350.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.02 <BR>Return on Equity: 0.23% <BR>Price to Book: 0.81 <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

How big is Ashnisha Indus.?

As of 10th June, Ashnisha Industries Ltd has a market capitalization of 86.00 Cr, with recent net sales of 12.94 Cr and a net profit of 0.25 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Ashnisha Industries Ltd has a market capitalization of 86.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 12.94 Cr, while the sum of Net Profit for the same period is 0.25 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 60.70 Cr, and Total Assets amount to 127.84 Cr.

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 have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Ashnisha Indus.?

Peers of Ashnisha Indus. include Lykis, Cravatex, Mehai Technology, Sunrise Efficie., Variman Global, Fervent Synerg., Uma Exports, and Bombay Cycle. Lykis has the highest 1-year return at 35.87%, while Ashnisha Indus. has a return of 13.30%.

Peers: The peers of Ashnisha Indus. are Lykis, Cravatex, Mehai Technology, Sunrise Efficie., Variman Global, Fervent Synerg., Uma Exports, and Bombay Cycle.<BR><BR>Quality Snapshot: Below Average management risk is observed at Lykis, Mehai Technology, Fervent Synerg., Uma Exports, Variman Global, and Bombay Cycle, while Average management risk is found at Cravatex and Sunrise Efficie. Growth is Excellent at Sunrise Efficie. and Mehai Technology, Good at Lykis and Fervent Synerg., and Below Average at Ashnisha Indus., Cravatex, Uma Exports, and Bombay Cycle. Capital Structure is Excellent at Sunrise Efficie. and Variman Global, Below Average at Lykis, Cravatex, Mehai Technology, Ashnisha Indus., Fervent Synerg., Uma Exports, and Bombay Cycle.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lykis at 35.87%, while the lowest is Mehai Technology at -88.19%. Ashnisha Indus. has a 1-year return of 13.30%, which is significantly higher than Mehai Technology but lower than Lykis. Additionally, the six-month returns are negative for Sunrise Efficie., Mehai Technology, Variman Global, Uma Exports, and Fervent Synerg.

Should I buy, sell or hold Ashnisha Industries Ltd?

When is the next results date for Ashnisha Industries Ltd?

The next results date for Ashnisha Industries Ltd is 27 May 2026.

The next results date for Ashnisha Industries Ltd is scheduled for 27 May 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.

Are Ashnisha Indus. latest results good or bad?

Ashnisha Industries' latest results show mixed performance: while Profit After Tax reached its highest in five quarters and EPS improved, a significant 66.35% decline in net sales and negative operating cash flow raise serious concerns about overall financial health.

Ashnisha Industries' latest results present a mixed picture. On one hand, the company has achieved its highest Profit After Tax (PAT) in the last five quarters, reaching Rs 0.12 crore, and the Earnings per Share (EPS) has also increased to Rs 0.01. This indicates some improvement in profitability, which is a positive sign for shareholders.<BR><BR>However, there are significant concerns as well. The company reported a drastic decline in net sales, with a QoQ growth of -66.35%, which is a substantial drop compared to the previous quarter. Additionally, the operating cash flow has fallen to Rs -12.75 crore, the lowest in three years, indicating serious cash flow issues. The decline in the Debtors Turnover Ratio to 0.65 times further highlights challenges in collecting receivables.<BR><BR>Overall, while there are some positive developments in terms of profitability, the significant drop in sales and cash flow issues suggest that the overall financial performance is concerning. Therefore, it can be said that the results are not entirely good, as the challenges may overshadow the improvements in profitability.

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