ASL Industries

how big is ASL Industries?

As of March 2024, ASL Industries Ltd has a market capitalization of 49.00 Cr and shareholder's funds of 35.03 Cr, with no recent financial data available for net sales or net profit.

Market Cap: ASL Industries Ltd has a market capitalization of 49.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid Consolidated or Standalone financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the reporting period ending March 2024. The Shareholder's Funds are valued at 35.03 Cr, and the Total Assets amount to 34.74 Cr.

Who are in the management team of ASL Industries?

As of March 2023, the management team of ASL Industries includes Dilip Kumar Goyal, Jayshree Goyal, Ankit Goyal (Executive Director/Managing), Ashish Lodha, and Murari Lal Khandelwal (both Independent Directors). Ankit Goyal is the only member receiving remuneration, which is 24.0 lacs, while the others serve without pay.

As of March 2023, the management team of ASL Industries includes the following individuals:<BR><BR>1. Dilip Kumar Goyal - Non Executive Director<BR>2. Jayshree Goyal - Non Executive Director<BR>3. Ankit Goyal - Executive Director / Managing<BR>4. Ashish Lodha - Independent Director<BR>5. Murari Lal Khandelwal - Independent Director<BR><BR>Ankit Goyal is the only member with a remuneration listed, receiving 24.0 lacs, while the other directors serve without remuneration.

What does ASL Industries do?

ASL Industries Ltd is a micro-cap company in the auto components and equipment industry, originally established in 1983. It has a market cap of Rs 49 Cr, with a P/E ratio of 48.00 and no recent revenue or profit data available.

Overview:<BR>ASL Industries Ltd operates in the auto components and equipment industry and is categorized as a micro-cap company.<BR><BR>History:<BR>ASL Industries Limited was originally formed in 1983 in Bihar as a Partnership Firm under the name "Ajanta Industries." It transitioned to a Private Limited Company named "Ajanta Composite Private Limited" on February 20, 1992. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: Rs 49 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 48.00<BR>Industry P/E: 24<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: 1.43%<BR>Price-to-Book: 1.34<BR><BR>Contact Details:<BR>Address: 7B Puwani Chamberskiran, Shankar Roy Road Kolkata West Bengal : 700001<BR>Phone: 91-33-22480150<BR>Email: cs@aslindustries.in<BR>Website: http://www.aslindustries.in

When is the next results date for ASL Industries?

No Upcoming Board Meetings

Has ASL Industries declared dividend?

No Dividend History Available

Who are the peers of the ASL Industries?

ASL Industries' peers include Schaeffler India, Bosch, Bharat Forge, and others, with varying management and growth risks. Bosch leads with a 1-year return of 4.37%, while Bharat Forge has the lowest at -20.71%.

Peers: The peers of ASL Industries are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Mandeep Auto.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India and Tube Investments, while Good management risk is found at Bosch, Bharat Forge, and Jainex Aamcol, and Average management risk is noted at Samvardh. Mothe. and Mandeep Auto. Below Average management risk is present at Sibar Auto Parts, while Amforge Inds. does not qualify. In terms of Growth, Excellent growth is seen at Schaeffler India and Tube Investments, while Good growth is noted at Bosch and Bharat Forge, Average growth at Samvardh. Mothe. and Mandeep Auto, Below Average growth at Jainex Aamcol and Sibar Auto Parts, and Amforge Inds. does not qualify. For Capital Structure, Excellent capital structure is observed at Bosch, Schaeffler India, and Tube Investments, Good capital structure at Bharat Forge, Average at Mandeep Auto, and Below Average at Jainex Aamcol and Sibar Auto Parts, while Amforge Inds. does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bosch at 4.37%, while the lowest is Bharat Forge at -20.71%. ASL Industries has a 1-year return of 0.00%, which is higher than Bharat Forge's return but lower than Bosch's. Additionally, peers with negative six-month returns include Samvardh. Mothe., Bosch, Bharat Forge, Tube Investments, Sibar Auto Parts, Amforge Inds., and Jainex Aamcol.

Is ASL Industries overvalued or undervalued?

As of June 2, 2025, ASL Industries is rated as "risky" due to its overvaluation indicated by a high PE ratio of 48.28 and negative EV to EBIT and EV to EBITDA ratios, despite a year-to-date stock return of 41.1% that outperformed the Sensex.

As of 2 June 2025, ASL Industries has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial ratios. The PE ratio stands at an elevated 48.28, while the Price to Book Value is 1.38. Notably, both the EV to EBIT and EV to EBITDA ratios are negative at -48.32, indicating significant operational challenges.<BR><BR>In comparison to its peers, ASL Industries' valuation appears concerning. For instance, Samvardhana Motherson International Ltd. has a more attractive PE ratio of 29.14, while Endurance Technologies Ltd. shows a fair valuation with a PE of 42.27. The company's recent stock performance has been mixed, with a year-to-date return of 41.1%, significantly outpacing the Sensex's 6.22%, but it has underperformed over the past year with a decline of 16.86%. This suggests that despite short-term gains, the long-term outlook may not justify the current valuation.

What is the technical trend for ASL Industries?

As of June 2, 2025, ASL Industries shows a mildly bullish trend supported by daily moving averages and the weekly MACD, though caution is advised due to mixed signals from the monthly MACD and KST.

As of 2 June 2025, the technical trend for ASL Industries has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD shows a mildly bearish stance, indicating some caution. The daily moving averages are bullish, reinforcing the upward momentum. Both the weekly and monthly Bollinger Bands are mildly bullish, suggesting potential for price expansion. However, the KST indicates a bullish weekly trend but is mildly bearish on the monthly, adding to the mixed signals. Overall, the current technical stance is mildly bullish, with strength primarily driven by the daily moving averages and weekly MACD.

Who are the top shareholders of the ASL Industries?

The top shareholder of ASL Industries is Skybridge Incap Advisory LLP, holding 66.32%. Other notable shareholders include Tvisha Corporate Advisors LLP at 4.88% and individual investors with a collective stake of 11.98%.

The top shareholders of ASL Industries are primarily the promoters, with Skybridge Incap Advisory LLP holding the largest stake at 66.32%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) involved. The highest public shareholder is Tvisha Corporate Advisors LLP, which holds 4.88%. Additionally, individual investors collectively own 11.98% of the company.

How has been the historical performance of ASL Industries?

ASL Industries has experienced a significant decline in financial performance, with net sales dropping from 67.27 crore in March 2019 to zero by March 2025, resulting in a complete cessation of operations. The company faced severe liquidity issues, reflected in negative operating profit and no cash flow from March 2021 onwards.

Answer:<BR>The historical performance of ASL Industries shows a significant decline in net sales and overall financial health over the years, culminating in zero sales from March 2023 to March 2025.<BR><BR>Breakdown:<BR>ASL Industries experienced a sharp decline in net sales from 67.27 crore in March 2019 to 0.00 crore by March 2025, indicating a complete cessation of revenue generation. Total operating income followed a similar trend, dropping from 67.27 crore in March 2019 to 0.00 crore in March 2025. The company’s total expenditure also decreased significantly, from 65.39 crore in March 2019 to 0.27 crore in March 2025, reflecting reduced operational activity. Operating profit, which was positive at 2.11 crore in March 2019, turned negative by March 2025, with a loss of 0.27 crore. Profit before tax and profit after tax also showed a downward trajectory, with profit after tax declining from a loss of 3.40 crore in March 2019 to a mere 0.09 crore in March 2025. The company maintained a stable equity capital of 10.42 crore throughout the years, while reserves increased slightly from 19.75 crore in March 2019 to 24.62 crore in March 2025. Total liabilities remained relatively stable, with a slight increase from 34.80 crore in March 2023 to 34.88 crore in March 2025. Cash flow from operating activities remained non-existent from March 2021 onwards, indicating severe liquidity issues. Overall, ASL Industries has faced a drastic decline in performance, leading to a complete halt in operations by March 2025.

Why is ASL Industries Ltd falling/rising?

As of 04-Mar, the stock price of ASL Industries Ltd is stable at 116.10, with no change. The stock has significantly outperformed the Sensex over the past year and five years, but a recent decline in investor participation may affect future price movements.

As of 04-Mar, the stock price of ASL Industries Ltd is currently stable at 116.10, showing no change (0.00%). Over the past week, the stock has maintained a performance of +0.00%, while the benchmark Sensex has decreased by 3.93%. This indicates that ASL Industries Ltd has outperformed the broader market in the short term.<BR><BR>In the longer term, the stock has shown significant growth, with a remarkable increase of 261.68% over the past year and 603.64% over the past five years, compared to the Sensex's growth of only 10.86% and 62.33%, respectively. However, year-to-date, the stock has seen a slight decline of 0.04%, while the Sensex has fallen by 6.31%.<BR><BR>Today's performance indicates that ASL Industries Ltd has outperformed its sector by 4.08%. Despite this positive performance, there is a noted decline in investor participation, with delivery volume dropping by 54.55% compared to the five-day average. This reduction in trading activity may suggest a lack of strong buying interest, which could impact future price movements.<BR><BR>Overall, while the stock has shown strong historical performance and is currently stable, the decline in investor participation could be a factor to monitor moving forward.

Which are the latest news on ASL Industries?