Asahi India Glass Ltd (ASAHIINDIA) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Craftsman Auto

Asahi India Glas

HBL Engineering

ZF Commercial

Sona BLW Precis.

Motherson Wiring

Endurance Tech

CIE Automotive

Sundram Fasten.

Exide Inds.

Amara Raja Ener.

Why is Asahi India Glass Ltd ?

High Management Efficiency with a high ROCE of 16.27%

CASH AND CASH EQUIVALENTS(HY) Highest at Rs 943.50 cr
NET SALES(Q) Highest at Rs 1,255.91 cr
PBDIT(Q) Highest at Rs 250.60 cr.

Majority shareholders : Promoters

Market Beating performance in long term as well as near term

Along with generating 50.44% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months

With its market cap of Rs 25,207 cr, it is the biggest company in the sector and constitutes 62.90% of the entire sector

Its annual Sales of Rs 4,815.72 are 52.43% of the industry

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Asahi India Glas should be less than 10%
Overall Portfolio exposure to Auto Components & Equipments should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Asahi India Glas for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Asahi India Glas

50.23%

1.39

36.35%

Sensex

8.77%

0.77

11.41%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

16.76%

EBIT Growth (5y)

20.77%

EBIT to Interest (avg)

4.52

Debt to EBITDA (avg)

2.51

Net Debt to Equity (avg)

0.52

Sales to Capital Employed (avg)

1.00

Tax Ratio

24.66%

Dividend Payout Ratio

13.10%

Pledged Shares

3.21%

Institutional Holding

10.13%

ROCE (avg)

15.63%

ROE (avg)

15.33%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

6.81

EV to EBIT

47.61

EV to EBITDA

32.75

EV to Capital Employed

4.83

EV to Sales

5.63

PEG Ratio

Dividend Yield

0.19%

ROCE (Latest)

9.24%

ROE (Latest)

7.75%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

12What is working for the Company

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 943.50 cr

NET SALES(Q)

Highest at Rs 1,255.91 cr

PBDIT(Q)

Highest at Rs 250.60 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 19.95%

PBT LESS OI(Q)

Highest at Rs 134.34 cr.

PAT(Q)

Highest at Rs 108.48 cr.

-6What is not working for the Company

INTEREST(9M)

At Rs 162.01 cr has Grown at 68.74%

ROCE(HY)

Lowest at 8.58%

Loading Valuation Snapshot...

Here's what is working for Asahi India Glas

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 134.34 cr has Grown at 60.7% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs 83.59 Cr

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 108.48 cr has Grown at 51.3% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 71.71 Cr

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly

Highest at Rs 1,255.91 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Highest at Rs 250.60 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Highest at 19.95%

in the last five quarters

MOJO Watch

Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Highest at Rs 134.34 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

Highest at Rs 108.48 cr.

in the last five quarters

MOJO Watch

Near term PAT trend is positive

PAT (Rs Cr)

Cash and Cash Equivalents - Half Yearly

Highest at Rs 943.50 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for Asahi India Glas

Interest - Nine Monthly

At Rs 162.01 cr has Grown at 68.74%

over preceding nine months period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)