Asahi India Glas

  • Market Cap: Small Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE439A01020
  • NSEID: ASAHIINDIA
  • BSEID: 515030
INR
899.15
-14.55 (-1.59%)
BSENSE

Aug 07, 03:30 PM

BSE+NSE Vol: 88.39 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Craftsman Auto
Gabriel India
Endurance Tech
Exide Inds.
Sundram Fasten.
Sansera Enginee.
Belrise Industri
ZF Commercial
Motherson Wiring
Asahi India Glas
HBL Engineering

Why is Asahi India Glass Ltd ?

1
High Management Efficiency with a high ROCE of 15.00%
2
With a growth in Net Profit of 12.9%, the company declared Very Positive results in Jun 26
  • The company has declared positive results for the last 3 consecutive quarters
  • OPERATING PROFIT TO INTEREST(Q) Highest at 6.95 times
  • OPERATING PROFIT TO NET SALES(Q) Highest at 22.98%
  • PAT(Q) Highest at Rs 149.08 cr.
3
With ROCE of 10.8, it has a Very Expensive valuation with a 4.2 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 7.55%, its profits have risen by 37% ; the PEG ratio of the company is 1.7
4
Majority shareholders : Promoters
5
Market Beating performance in long term as well as near term
  • Along with generating 7.55% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
6
With its market cap of Rs 23,165 cr, it is the biggest company in the sector and constitutes 58.21% of the entire sector
  • Its annual Sales of Rs 5,174.58 are 50.53% of the industry
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Asahi India Glas should be less than 10%
  2. 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
7.55%
0.22
34.85%
Sensex
-2.63%
-0.19
13.57%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
12.99%
EBIT Growth (5y)
10.47%
EBIT to Interest (avg)
4.64
Debt to EBITDA (avg)
2.40
Net Debt to Equity (avg)
0.50
Sales to Capital Employed (avg)
1.00
Tax Ratio
24.98%
Dividend Payout Ratio
13.10%
Pledged Shares
3.36%
Institutional Holding
10.12%
ROCE (avg)
15.64%
ROE (avg)
14.62%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
51
Industry P/E
34
Price to Book Value
5.83
EV to EBIT
33.07
EV to EBITDA
23.70
EV to Capital Employed
4.23
EV to Sales
4.81
PEG Ratio
1.68
Dividend Yield
0.21%
ROCE (Latest)
10.76%
ROE (Latest)
8.99%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Bullish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

24What is working for the Company
OPERATING PROFIT TO INTEREST(Q)

Highest at 6.95 times

OPERATING PROFIT TO NET SALES(Q)

Highest at 22.98%

PAT(Q)

Highest at Rs 149.08 cr.

DEBT-EQUITY RATIO(HY)

Lowest at 0.56 times

NET SALES(Q)

Highest at Rs 1,413.39 cr

PBDIT(Q)

Highest at Rs 324.78 cr.

PBT LESS OI(Q)

Highest at Rs 196.90 cr.

EPS(Q)

Highest at Rs 5.85

-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)

Lowest at 9.64 times

Loading Valuation Snapshot...

Here's what is working for Asahi India Glas

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 196.90 cr has Grown at 83.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 107.36 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Operating Profit to Interest - Quarterly
Highest at 6.95 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Operating Profit Margin - Quarterly
Highest at 22.98% and Grown
each quarter in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit After Tax (PAT) - Quarterly
Highest at Rs 149.08 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 149.08 cr has Grown at 68.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 88.37 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 1,413.39 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 324.78 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 196.90 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 5.85
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Debt-Equity Ratio - Half Yearly
Lowest at 0.56 times
in the last five half yearly periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Here's what is not working for Asahi India Glas

Debtors Turnover Ratio- Half Yearly
Lowest at 9.64 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio