Ashoka Refinerie

Who are the peers of the Ashoka Refinerie?

Peers of Ashoka Refinerie include Manorama Industries, CIAN Agro, Modi Naturals, M K Proteins, Raj Oil Mills, Sam Industries, Sagar Soya Products, and N K Industries. Ashoka Refinerie has average management risk, below average growth, and a good capital structure, with a 1-year return of 43.88%.

Peers: The peers of Ashoka Refinerie are Manorama Indust., CIAN Agro, Modi Naturals, M K Proteins, Raj Oil Mills, Sam Industries, Sagar Soya Prod, and N K Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Manorama Indust. and M K Proteins, while Average management risk is found at Ashoka Refinerie. Below Average management risk is noted for CIAN Agro, Modi Naturals, and Sam Industries, while Raj Oil Mills, Sagar Soya Prod, and N K Industries do not qualify. In terms of Growth, Excellent growth is seen at Manorama Indust., while Good growth is reported for CIAN Agro and Modi Naturals. Ashoka Refinerie has Below Average growth, and Average growth is noted for M K Proteins. Sam Industries shows Below Average growth as well, while Raj Oil Mills, Sagar Soya Prod, and N K Industries do not qualify. For Capital Structure, Good capital structure is found at Ashoka Refinerie and M K Proteins, Average capital structure is noted for Manorama Indust. and Sam Industries, while the rest do not qualify.<BR><BR>Return Snapshot: CIAN Agro boasts the highest 1-year return at 894.29%, while M K Proteins has the lowest at -35.32%. Ashoka Refinerie's 1-year return stands at 43.88%, which is significantly higher than M K Proteins but lower than CIAN Agro. Additionally, M K Proteins, Raj Oil Mills, and Sam Industries all exhibit negative six-month returns.

What does Ashoka Refinerie do?

Ashoka Refineries Ltd is a micro-cap company in the solvent extraction industry, incorporated in 1991, with recent quarterly results showing net sales and profit of 0 Cr as of September 2024. The company has a market cap of Rs 4 Cr and key metrics include a debt-equity ratio of 0.04 and a return on equity of -1.13%.

Overview:<BR>Ashoka Refineries Ltd operates in the solvent extraction industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in October 1991 and became a Public Limited Company in 1994. The latest quarterly results reported net sales and net profit of 0 Cr for September 2024.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Sep 2024) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Sep 2024) <BR>Market-cap value: Rs 4 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 51 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.04 <BR>Return on Equity: -1.13% <BR>Price to Book: 1.66<BR><BR>Contact Details:<BR>Address: 408 Wallfort Ozone Fafadih, Raipur Chhattisgarh: 492001 <BR>Email: arlraipur@yahoo.com <BR>Website: http://www.ashokarefineries.com

how big is Ashoka Refinerie?

As of May 05, Ashoka Refineries Ltd has a market capitalization of 4.00 Cr, with net sales of 1.03 Cr and a net profit of -0.03 Cr over the latest four quarters. Shareholder's funds are 2.73 Cr, and total assets are 2.87 Cr as of March 2024.

Market Cap: As of May 05, Ashoka Refineries Ltd has a market capitalization of 4.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 1.03 Cr, while the sum of Net Profit is -0.03 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in March 2024. The Shareholder's Funds are reported at 2.73 Cr, and Total Assets are valued at 2.87 Cr.

When is the next results date for Ashoka Refinerie?

No Upcoming Board Meetings

How has been the historical performance of Ashoka Refinerie?

Ashoka Refinerie's historical performance shows a significant decline in net sales and profitability, with net sales dropping from 2.31 Cr in Mar'22 to 0.31 Cr in Mar'25, and operating profit turning negative, resulting in losses for both profit before and after tax. The earnings per share have also decreased from 0.53 in Mar'22 to -0.50 in Mar'25, indicating a deteriorating financial position.

Answer:<BR>The historical performance of Ashoka Refinerie shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Ashoka Refinerie's net sales have decreased from 2.31 Cr in Mar'22 to just 0.31 Cr in Mar'25, reflecting a significant downward trend. The total operating income followed a similar pattern, dropping from 2.31 Cr in Mar'22 to 0.31 Cr in Mar'25. The company has consistently reported no raw material costs, and while the purchase of finished goods has also decreased from 2.05 Cr in Mar'22 to 0.29 Cr in Mar'25, employee costs have slightly increased from 0.04 Cr in Mar'22 to 0.12 Cr in Mar'25. Operating profit (PBDIT) has turned negative, moving from a profit of 0.18 Cr in Mar'22 to a loss of 0.17 Cr in Mar'25. Consequently, profit before tax and profit after tax have also shown losses in Mar'25, at -0.17 Cr, compared to a profit of 0.19 Cr in Mar'22. The earnings per share (EPS) have declined from 0.53 in Mar'22 to -0.50 in Mar'25, indicating a deteriorating financial position. Overall, the company's performance has been characterized by declining revenues and increasing losses, particularly in the most recent fiscal year.

Should I buy, sell or hold Ashoka Refinerie?

Which are the latest news on Ashoka Refinerie?

Why is Ashoka Refineries Ltd falling/rising?

As of 01-Apr, the stock price of Ashoka Refineries Ltd is stable at Rs 13.38, with a positive monthly return of +4.94% despite a declining benchmark. While it is close to its 52-week high and above key moving averages, concerns about erratic trading and reduced investor participation may affect sentiment.

As of 01-Apr, the stock price of Ashoka Refineries Ltd is currently stable at Rs 13.38, showing no change (0.00%). Despite this stability in price, the stock has demonstrated a positive performance over the past month, with a return of +4.94%, while the benchmark Sensex has declined by -10.03% during the same period. This indicates that Ashoka Refineries Ltd has outperformed the broader market.<BR><BR>The stock is also close to its 52-week high, being only 0.9% away from Rs 13.5, which suggests a strong upward momentum. Furthermore, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.<BR><BR>However, there are some concerning factors. The stock has experienced erratic trading, not trading on 4 out of the last 20 days, and there has been a significant drop in investor participation, with delivery volume falling by -95.15% against the 5-day average. Additionally, the sector of Solvent Extraction has seen a decline of -4.88%, which could impact investor sentiment.<BR><BR>Overall, while Ashoka Refineries Ltd is currently stable in price, its recent performance and position relative to moving averages suggest a rising trend, albeit tempered by concerns over trading activity and sector performance.