Asahi India Glas

  • Market Cap: Small Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE439A01020
  • NSEID: ASAHIINDIA
  • BSEID: 515030
INR
811.45
-31.4 (-3.73%)
BSENSE

Mar 20

BSE+NSE Vol: 3.63 lacs

  • 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
Belrise Industri
ZF Commercial
CIE Automotive
Sona BLW Precis.
Asahi India Glas
Endurance Tech
HBL Engineering
Exide Inds.
Motherson Wiring
Sundram Fasten.

Why is Asahi India Glass Ltd ?

1
High Management Efficiency with a high ROCE of 16.27%
2
The company has declared positive results in Dec'2025 after 2 consecutive negative quarters
  • PBT LESS OI(Q) At Rs 134.34 cr has Grown at 60.7% (vs previous 4Q average)
  • CASH AND CASH EQUIVALENTS(HY) Highest at Rs 943.50 cr
  • NET SALES(Q) Highest at Rs 1,255.91 cr
3
With ROCE of 9.2, it has a Very Expensive valuation with a 4 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 31.32%, its profits have fallen by -4.7%
4
Majority shareholders : Promoters
5
Market Beating Performance
  • The stock has generated a return of 31.32% in the last 1 year, much higher than market (BSE500) returns of 0.76%
6
With its market cap of Rs 21,487 cr, it is the biggest company in the sector and constitutes 61.46% of the entire sector
  • Its annual Sales of Rs 4,815.72 are 52.28% 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
31.32%
0.86
36.22%
Sensex
-2.38%
-0.19
12.70%
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)
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%
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
66
Industry P/E
44
Price to Book Value
5.59
EV to EBIT
39.68
EV to EBITDA
27.29
EV to Capital Employed
4.03
EV to Sales
4.69
PEG Ratio
NA
Dividend Yield
0.23%
ROCE (Latest)
9.24%
ROE (Latest)
7.75%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
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

12What is working for the Company
PBT LESS OI(Q)

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

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%

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)