Asi Industries

Which are the latest news on Asi Industries?

Why is Asi Industries Ltd falling/rising?

As of 05-Sep, the stock price of Asi Industries Ltd is currently rising at 24.87, but it has a year-to-date decline of 14.62% and a significant drop of 28.80% over the past year, indicating underlying weaknesses despite the short-term uptick. Investor confidence is low, as shown by a 77.13% drop in delivery volume compared to the 5-day average.

As of 05-Sep, the stock price of Asi Industries Ltd is rising, currently at 24.87, with a change of 0.12 (0.48%) upward. This increase comes after a trend reversal, as the stock has gained after three consecutive days of decline. Additionally, it has outperformed its sector by 1.77% today. <BR><BR>Despite this short-term rise, the stock has shown poor performance over longer periods, with a year-to-date decline of 14.62% and a significant drop of 28.80% over the past year. The stock's moving averages indicate that while it is currently higher than the 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that the recent uptick may not indicate a strong recovery.<BR><BR>Investor participation has notably decreased, with delivery volume on September 3 falling by 77.13% compared to the 5-day average, indicating a lack of confidence among investors. Furthermore, the company has faced challenges with poor long-term growth, as evidenced by a negative annual growth rate in net sales of -4.26% and operating profit of -1.96% over the last five years.<BR><BR>In summary, while the stock is experiencing a slight rise in price today, the overall trend and longer-term performance suggest underlying weaknesses that may continue to affect its valuation negatively.

Who are in the management team of Asi Industries?

The management team of Asi Industries includes Deepak Jatia (Chairman & Managing Director), Tushya Jatia and Anita Jatia (Whole-time Directors), and independent directors Anshul M Sonawala, Sanjay Seksaria, and Gaurang Manahar Gandhi, along with Manish Kakrai (Company Secretary & Compliance Officer).

The management team of Asi Industries includes the following individuals:<BR><BR>1. **Deepak Jatia** - Chairman & Managing Director<BR>2. **Tushya Jatia** - Whole-time Director<BR>3. **Anshul M Sonawala** - Independent Director<BR>4. **Anita Jatia** - Whole-time Director<BR>5. **Sanjay Seksaria** - Independent Director<BR>6. **Gaurang Manahar Gandhi** - Independent Director<BR>7. **Manish Kakrai** - Company Secretary & Compliance Officer<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

What does Asi Industries do?

Asi Industries Ltd is a Micro Cap company involved in the mining and processing of natural stones, with net sales of 40 Cr and a net profit of 6 Cr reported for June 2026. The company has a market cap of INR 229 Cr and key financial metrics include a P/E of 9.00 and a dividend yield of 1.47%.

Overview: <BR>Asi Industries Ltd is engaged in the mining and processing of natural stones and operates within the Minerals & Mining industry, categorized as a Micro Cap company.<BR><BR>History: <BR>The company was incorporated in January 1945 and was formerly known as Associated Stone Industries (Kotah) Ltd. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 40 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 6 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 229 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 1.47% <BR>Debt-Equity: 0.08 <BR>Return on Equity: 6.94% <BR>Price to Book: 0.62<BR><BR>Contact Details: <BR>Address: Marathon Innova A-Wing 7th Flr, Lower Parel Mumbai Maharashtra : 400013 <BR>Tel: 91-22-40896100 <BR>Email: investors@asistone.com <BR>Website: http://www.asigroup.co.in

Who are the peers of the Asi Industries?

Peers of Asi Industries include Gravita India, Ashapura Minech., MOIL, and others. Gravita India shows the highest 1-year return at 11.09%, while MOIL has the lowest at -24.84%, with Asi Industries at -16.31%.

Peers: The peers of Asi Industries are Gravita India, Ashapura Minech., MOIL, Orissa Minerals, 20 Microns, NILE, Goa Carbon, South. Magnesium, Raw Edge Indust., and Kachchh Minerals.<BR><BR>Quality Snapshot: Excellent management risk is observed at Gravita India, while Average management risk is found at Ashapura Minech., 20 Microns, NILE, Goa Carbon, South. Magnesium, and Kachchh Minerals, and the rest. Growth is Excellent at Ashapura Minech., while Good growth is seen at Gravita India and the rest have Below Average growth. Capital Structure is Excellent at MOIL, Good at Gravita India and South. Magnesium, while Below Average is noted at Ashapura Minech., Raw Edge Indust., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Gravita India at 11.09%, while the peer with the lowest is MOIL at -24.84%. Asi Industries has a 1-year return of -16.31%, which is better than MOIL but worse than Gravita India. Additionally, peers such as MOIL, Ashapura Minech., NILE, Goa Carbon, South. Magnesium, and Raw Edge Indust. have negative six-month returns.

How big is Asi Industries?

As of 31st August, Asi Industries Ltd has a market capitalization of 229.00 Cr, with net sales of 160.58 Cr and a net loss of 65.71 Cr over the last four quarters.

As of 31st August, <BR><BR>Market Cap: Asi Industries Ltd has a market capitalization of 229.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 160.58 Cr, while the sum of Net Profit for the same period reflects a loss of 65.71 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2022, with Shareholder's Funds amounting to 292.12 Cr and Total Assets totaling 453.66 Cr.

Should I buy, sell or hold Asi Industries Ltd?

When is the next results date for Asi Industries Ltd?

The next results date for Asi Industries Ltd is 18 May 2026.

The next results date for Asi Industries Ltd is scheduled for 18 May 2026.

Are Asi Industries Ltd latest results good or bad?

ASI Industries Ltd's latest results show a significant recovery, with a net profit of ₹12.30 crore and record revenue of ₹50.70 crore in Q3 FY26. However, the company still faces challenges, including past volatility and a low return on equity, which may impact its long-term performance.

The latest results for ASI Industries Ltd show a significant turnaround, indicating a positive trend. In the third quarter of FY26, the company reported a net profit of ₹12.30 crore, a remarkable recovery from a loss of ₹15.39 crore in the previous quarter. Additionally, revenue reached ₹50.70 crore, marking the highest quarterly revenue in the company's history.<BR><BR>The profit after tax (PAT) margin improved to 24.26%, compared to a negative margin of -35.33% in the previous quarter. Furthermore, the operating profit margin stood at 27.84%, demonstrating a recovery from negative territory in earlier quarters.<BR><BR>However, while these results reflect a strong quarterly performance, it's important to note that ASI Industries has faced significant challenges in the past, including extreme earnings volatility and a low return on equity of just 4.80%, which is considerably below its peers. The stock has also underperformed dramatically over the past year, declining by 38.29%, raising concerns about its operational stability and competitive positioning.<BR><BR>In summary, while the latest results are good in terms of recovery and growth, the company still grapples with underlying issues that could affect its long-term performance. Investors should weigh these results against the broader context of the company's operational challenges and market performance.

How has been the historical performance of Asi Industries?

Asi Industries has experienced significant fluctuations in performance, with net sales increasing to 238.03 Cr in March 2022 but facing rising costs that led to negative operating profit of -8.69 Cr and a profit after tax of -55.90 Cr. The company's total assets and liabilities decreased substantially, indicating a challenging financial position.

Answer:<BR>The historical performance of Asi Industries has shown significant fluctuations over the years, particularly in net sales and profitability. <BR><BR>Breakdown:<BR>Asi Industries reported net sales of 238.03 Cr in March 2022, an increase from 226.80 Cr in March 2021, but a decline from 259.91 Cr in March 2019. The total operating income mirrored this trend, reaching 238.03 Cr in March 2022, up from 226.80 Cr in the previous year. However, the company faced rising raw material costs, which surged to 61.44 Cr in March 2022 from just 0.74 Cr in March 2021. This contributed to a total expenditure of 252.20 Cr in March 2022, significantly higher than 190.18 Cr in March 2021. Consequently, the operating profit (PBDIT) turned negative at -8.69 Cr in March 2022, a stark contrast to the 40.41 Cr profit recorded in March 2021. The profit before tax also fell sharply to -63.36 Cr in March 2022 from 16.07 Cr in the prior year, leading to a profit after tax of -55.90 Cr, down from 11.39 Cr in March 2021. The company's total assets decreased to 453.66 Cr in March 2022 from 734.49 Cr in March 2021, while total liabilities also dropped to 453.66 Cr from 734.49 Cr, indicating a significant contraction in the company's financial position. Cash flow from operating activities improved to 60.00 Cr in March 2022 from 29.00 Cr in March 2021, but cash flow from financing activities saw a negative shift of -204.00 Cr in March 2022, reflecting challenges in managing debt and financing. Overall, the financial metrics indicate a challenging year for Asi Industries, marked by increased costs and declining profitability.

Is Asi Industries overvalued or undervalued?

As of October 31, 2025, Asi Industries is considered attractive and undervalued with a PE ratio of 11.51, a Price to Book Value of 0.85, and an EV to EBITDA ratio of 13.23, indicating potential growth opportunities despite a year-to-date return of -35.47%.

As of 31 October 2025, the valuation grade for Asi Industries has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as undervalued, with a PE ratio of 11.51, a Price to Book Value of 0.85, and an EV to EBITDA ratio of 13.23. These figures suggest that the stock is trading at a discount compared to its intrinsic value.<BR><BR>In comparison to peers, Asi Industries has a lower PE ratio than Kajaria Ceramics, which stands at 49.32, and L T Foods at 22.94, highlighting its relative affordability. Additionally, the PEG ratio for Asi Industries is 0.00, indicating potential growth opportunities that are not yet reflected in its price. While the stock has underperformed year-to-date with a return of -35.47% compared to the Sensex's 7.42%, its strong performance over longer periods, such as a 163.98% return over three years, suggests resilience and potential for recovery.

Who are the top shareholders of the Asi Industries?

The top shareholder of Asi Industries is Deepak Jatia Huf, holding 30.53%, with no pledged promoter holdings. Halan Properties Private Limited is the largest public shareholder at 4.23%, while individual investors collectively own 18.29%.

The top shareholders of Asi Industries include the promoters, with Deepak Jatia Huf holding the largest share at 30.53%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Halan Properties Private Limited, which owns 4.23%. Additionally, individual investors collectively hold 18.29% of the shares.

What is the technical trend for Asi Industries?

As of May 12, 2025, Asi Industries shows a mildly bearish technical trend, with conflicting signals from MACD and moving averages indicating a mix of bullish and bearish stances across different timeframes.

As of 12 May 2025, the technical trend for Asi Industries has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bearish on the weekly timeframe but mildly bullish on the monthly. Daily moving averages remain bearish, and the KST is mildly bullish weekly but mildly bearish monthly. Dow Theory reflects a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the conflicting signals from the MACD and moving averages.

What is the bonus history of the Asi Industries?

Asi Industries announced a 1:4 bonus issue on September 29, 2016, with a record date of September 30, 2016, meaning shareholders received one additional share for every four shares held.

Asi Industries has a bonus history that includes a 1:4 bonus issue announced on September 29, 2016. The record date for this bonus was September 30, 2016. This means that for every four shares held, shareholders received one additional share as a bonus. If you have any more questions about Asi Industries or need further details, feel free to ask!

Has Asi Industries declared dividend?

Asi Industries Ltd has declared a 35% dividend, amounting to ₹0.35 per share, with an ex-date of September 13, 2024. Despite a recent price decline, the company has shown strong long-term total returns, particularly over the past 5 years at 258.1%.

Asi Industries Ltd has declared a 35% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 35%<BR>- Amount per share: 0.35<BR>- Ex-date: 13 Sep 24<BR><BR>Dividend Yield: 0.95%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -26.34%, with no dividend return, resulting in a total return of -26.34%.<BR><BR>Over the past year, the price return was 35.57%, with a dividend return of 1.38%, leading to a total return of 36.95%.<BR><BR>In the 2-year period, the price return was 121.85%, with a dividend return of 3.60%, resulting in a total return of 125.45%.<BR><BR>For the 3-year period, the price return was 150.44%, with a dividend return of 4.37%, leading to a total return of 154.81%.<BR><BR>In the last 4 years, the price return was 19.05%, with a dividend return of 1.92%, resulting in a total return of 20.97%.<BR><BR>Over the past 5 years, the price return was 252.19%, with a dividend return of 5.91%, leading to a total return of 258.1%.<BR><BR>Overall, Asi Industries Ltd has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in the longer term, despite some short-term fluctuations.