Why is Asahi India Glass Ltd ?
1
High Management Efficiency with a high ROCE of 16.27%
2
Healthy long term growth as Operating profit has grown by an annual rate 26.27%
3
Negative results in Sep 25
- INTEREST(9M) At Rs 151.55 cr has Grown at 58.67%
- PAT(Latest six months) At Rs 112.72 cr has Grown at -35.02%
- DEBT-EQUITY RATIO(HY) Highest at 2.44 times
4
With ROCE of 9.2, it has a Very Expensive valuation with a 5 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 42.04%, its profits have fallen by -7.7%
5
Reducing Promoter Confidence
- Promoters have decreased their stake in the company by -2.52% over the previous quarter and currently hold 51.57% of the company
- Promoters decreasing their stake may signify reduced confidence in the future of the business
6
Market Beating performance in long term as well as near term
- Along with generating 42.04% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- 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
42.04%
1.16
36.36%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
16.83%
EBIT Growth (5y)
26.27%
EBIT to Interest (avg)
4.51
Debt to EBITDA (avg)
2.51
Net Debt to Equity (avg)
0.52
Sales to Capital Employed (avg)
1.00
Tax Ratio
24.81%
Dividend Payout Ratio
14.82%
Pledged Shares
3.19%
Institutional Holding
10.04%
ROCE (avg)
15.63%
ROE (avg)
15.33%
Valuation Key Factors 
Factor
Value
P/E Ratio
91
Industry P/E
68
Price to Book Value
7.06
EV to EBIT
54.07
EV to EBITDA
37.25
EV to Capital Employed
5.00
EV to Sales
5.99
PEG Ratio
NA
Dividend Yield
0.19%
ROCE (Latest)
9.24%
ROE (Latest)
7.75%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
Bullish
Bullish
Technical Movement
3What is working for the Company
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 9,435.00 cr
-21What is not working for the Company
INTEREST(9M)
At Rs 151.55 cr has Grown at 58.67%
PAT(Latest six months)
At Rs 112.72 cr has Grown at -35.02%
DEBT-EQUITY RATIO(HY)
Highest at 2.44 times
OPERATING PROFIT TO INTEREST (Q)
Lowest at 3.17 times
PBT LESS OI(Q)
Lowest at Rs 59.64 cr.
EPS(Q)
Lowest at Rs 2.22
Loading Valuation Snapshot...
Here's what is working for Asahi India Glas
Cash and Cash Equivalents - Half Yearly
Highest at Rs 9,435.00 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Asahi India Glas
Interest - Latest six months
At Rs 118.76 cr has Grown at 83.16%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 59.64 cr has Fallen at -41.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 102.50 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 3.17 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Profit After Tax (PAT) - Latest six months
At Rs 112.72 cr has Grown at -35.02%
Year on Year (YoY)MOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Debt-Equity Ratio - Half Yearly
Highest at 2.44 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 59.64 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 2.22
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






