Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹273 Cr.
Stock P/E
-58.6
P/B
1
Current Price
₹14.3
Book Value
₹ 14.6
Face Value
10
52W High
₹23
52W Low
₹ 11.3
Dividend Yield
0%

Ashima Overview

Business

Ashima Ltd. operates in the Construction - Real Estate sector in India. As a real estate company, its core business model likely involves the acquisition of land parcels, development and construction of various types of properties (such as residential apartments, commercial complexes, retail spaces, or plotted developments), and their subsequent sale or lease to customers. The company primarily makes money through the sale of developed properties. It may also engage in contract construction services for external clients or participate in joint development agreements.

Revenue Mix

Specific revenue mix or key segments for Ashima Ltd. are not provided. However, typically for a real estate company in India, potential segments could include:

Residential Development: Sale of apartments, villas, and plotted land.

Commercial Development: Sale or lease of office spaces, IT parks, and business centers.

Retail Development: Sale or lease of shopping malls and high-street retail spaces.

Hospitality or Other: Development and operation of hotels, integrated townships, or other specialized real estate projects.

Without further information, it is difficult to ascertain the exact contribution of each segment to Ashima Ltd.'s revenue.

Industry

The Indian Construction - Real Estate industry is large, diverse, and highly fragmented, comprising numerous regional and national players. It is also cyclical, heavily influenced by economic growth, interest rates, government policies, and consumer sentiment. Ashima Ltd. operates within this competitive landscape, likely focusing on specific geographies or property types where it has established presence or expertise. Its positioning relative to peers would depend on factors like its project portfolio, brand reputation, execution capabilities, market share in specific micro-markets, and financial strength, none of which are detailed in the provided information.

MOAT

Given the limited information, it is challenging to definitively identify specific durable competitive advantages for Ashima Ltd. Potential moats in the real estate sector include:

Established Brand Reputation: A track record of quality construction and timely delivery.

Strategic Land Bank: Owning prime land parcels at attractive acquisition costs in high-growth areas.

Execution Capabilities & Scale: Ability to manage large-scale, complex projects efficiently.

Strong Financial Backing: Access to capital at favorable terms.

Local Market Expertise: Deep understanding of specific regional regulations, demand patterns, and customer preferences.

Without specific details, it is possible Ashima Ltd. possesses some of these advantages, but it is not definitively known from the given data.

Growth Drivers

Key factors that could drive growth for Ashima Ltd. over the next 3-5 years include:

Urbanization and Population Growth: Continued migration to urban centers drives demand for housing and commercial spaces.

Rising Disposable Incomes: Increases in household income lead to higher affordability and willingness to invest in real estate.

Favorable Government Policies: Initiatives like 'Housing for All,' infrastructure development, and regulatory reforms (e.g., RERA implementation improving buyer confidence) can stimulate demand.

Ease of Credit Availability and Stable Interest Rates: Access to affordable home loans and financing for developers can boost market activity.

Successful Project Launches: Timely execution and delivery of new, attractive residential or commercial projects.

Infrastructure Development: Proximity to new roads, metro lines, and other civic amenities can enhance property value and demand.

Risks

Ashima Ltd., like other companies in the real estate sector, faces several risks:

Economic Downturns: A slowdown in economic growth, job losses, or reduced consumer confidence can significantly impact property demand and prices.

High Capital Intensity & Debt: Real estate development requires substantial capital, making companies susceptible to high debt levels and interest rate fluctuations.

Regulatory & Environmental Clearances: Delays or difficulties in obtaining various government approvals and environmental clearances can lead to significant project delays and cost overruns.

Interest Rate Sensitivity: Rising interest rates can increase borrowing costs for developers and make home loans more expensive for buyers, thereby dampening demand.

Raw Material Price Volatility: Fluctuations in the prices of key construction materials (cement, steel, labor) can impact project costs and profitability.

Competition: Intense competition from numerous established and new players can pressure pricing and margins.

Execution Risk: Challenges in project management, quality control, and timely delivery can harm reputation and financial performance.

Management & Ownership

Information regarding the promoters, management quality, or specific ownership structure of Ashima Ltd. is not provided. Typically, Indian companies like Ashima Ltd. are promoter-led, with significant ownership and control vested in the founding families or individuals. Management quality would depend on their experience, strategic vision, governance practices, and track record in the real estate sector.

Outlook

Ashima Ltd. operates in the dynamic and structurally growing Indian real estate market, which benefits from long-term trends like urbanization and a rising middle class. This presents a favorable backdrop for expansion and profitability for well-managed companies. However, the sector is also inherently cyclical, capital-intensive, and subject to significant regulatory and economic uncertainties. The company's performance will hinge on its ability to effectively acquire land, execute projects efficiently, manage its debt, adapt to evolving market demands, and navigate the complex regulatory landscape. While the underlying demand drivers for real estate in India remain robust, the specific success of Ashima Ltd. will depend on its individual strategic execution and financial discipline in a competitive environment.

Ashima Share Price

Live · BSE / NSE · Inception: 1982
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Ashima Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Jun 2026
Net Sales 6 79 8 5 2 1 3 4 1 8
Other Income 0 1 1 1 1 1 1 2 7 2
Total Income 7 79 8 6 3 2 4 6 8 10
Total Expenditure 2 15 2 2 6 2 3 6 3 5
Operating Profit 5 64 6 4 -3 -0 1 -1 5 5
Interest 1 2 2 2 2 2 2 2 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 62 5 2 -5 -2 -1 -3 2 3
Provision for Tax 0 0 0 0 0 -0 0 0 0 0
Profit After Tax 3 62 5 2 -5 -2 -1 -3 2 2
Adjustments 0 34 -3 -14 -7 5 -2 -5 -5 -1
Profit After Adjustments 3 96 1 -12 -12 3 -3 -8 -3 2
Adjusted Earnings Per Share 0.2 5 0.1 -0.6 -0.6 0.2 -0.1 -0.4 -0.1 0.1

Ashima Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 259 336 285 104 207 90 10 12 16
Other Income 1 18 8 11 3 2 3 10 12
Total Income 260 354 293 114 210 91 14 22 28
Total Expenditure 248 340 289 107 215 18 6 19 17
Operating Profit 12 14 4 8 -5 74 7 3 10
Interest 1 8 2 2 2 4 7 9 8
Depreciation 14 6 5 3 3 1 1 0 0
Exceptional Income / Expenses -2 32 0 0 36 0 0 0 0
Profit Before Tax -5 33 -3 3 26 69 -0 -6 1
Provision for Tax 0 0 0 0 0 0 -0 -1 0
Profit After Tax -5 33 -3 3 26 69 -0 -5 0
Adjustments 0 0 0 -14 -8 27 -19 -16 -13
Profit After Adjustments -5 33 -3 -11 18 96 -19 -20 -12
Adjusted Earnings Per Share -1.2 3.5 -0.6 -0.6 0.9 5 -1 -1.1 -0.5

Ashima Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds -218 225 221 209 226 317 299 277
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 471 25 22 19 15 111 121 164
Other Non-Current Liabilities -0 1 1 1 0 -35 -50 -45
Total Current Liabilities 29 69 53 41 76 105 82 116
Total Liabilities 282 319 296 269 318 498 452 512
Fixed Assets 199 137 139 134 117 131 47 42
Other Non-Current Assets 0 14 12 11 26 44 37 101
Total Current Assets 82 169 145 124 175 319 335 368
Total Assets 282 319 296 269 318 498 452 512

Ashima Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 4 7 13 11 9 20 64 64
Cash Flow from Operating Activities -2 -26 4 -8 -26 -39 -20 -40
Cash Flow from Investing Activities 1 55 13 -7 37 -3 29 -41
Cash Flow from Financing Activities -0 -24 -20 13 -6 86 -10 34
Net Cash Inflow / Outflow -2 6 -2 -2 6 44 -0 -48
Closing Cash & Cash Equivalent 2 13 11 9 15 64 64 16

Ashima Ratios

# Mar 2011 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) -1.21 3.51 -0.64 -0.6 0.94 5.03 -0.99 -1.06
CEPS(Rs) 2.15 4.11 0.37 0.31 1.51 3.64 0.02 -0.23
DPS(Rs) 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -67.24 24.24 15.5 10.91 11.8 16.53 15.58 14.45
Core EBITDA Margin(%) 4.22 -1.28 -1.24 -2.72 -3.34 80.26 38.84 -56.45
EBIT Margin(%) -1.65 12.08 -0.44 4.34 13.12 81.19 62.31 23.31
Pre Tax Margin(%) -2 9.72 -1.11 2.5 12.05 77.11 -2.58 -51.29
PAT Margin (%) -2 9.72 -1.11 2.34 12.05 77.05 -2.29 -38.88
Cash Profit Margin (%) 3.57 11.37 0.66 5.45 13.5 77.92 4.01 -36.55
ROA(%) -1.83 10.85 -1.1 0.89 8.81 16.94 -0.05 -0.97
ROE(%) 0 0 -2.2 1.73 11.87 25.43 -0.08 -1.62
ROCE(%) -2.13 17.79 -0.54 1.96 11.83 21.24 1.52 0.65
Receivable days 26.95 23.19 24.88 51.96 30.9 120.93 716.94 92.24
Inventory Days 61.11 67.81 79.23 161.34 96.67 537.54 6763.82 7471.71
Payable days 44.05 76.06 112.27 198.22 93.07 1717.87 0 875
PER(x) 0 3.41 0 0 15.1 3.58 0 0
Price/Book(x) -0.06 0.49 0.21 1.45 1.2 1.09 1.11 0.82
Dividend Yield(%) 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.93 0.36 0.09 2.63 1.26 4.45 34.03 30.17
EV/Core EBITDA(x) 42.83 8.8 6.21 35.31 -57.63 5.43 49.61 117.63
Net Sales Growth(%) 15.39 29.49 -15.01 -63.64 99.82 -56.79 -88.3 14.6
EBIT Growth(%) 89.96 1045.79 -103.33 445.93 502.57 158.53 -91.02 -57.12
PAT Growth(%) 88.12 729.05 -110.36 174.56 925.79 167.08 -100.35 -1845.83
EPS Growth(%) 88.12 390.73 -118.11 5.85 256.22 438 -119.71 -6.85
Debt/Equity(x) -1.75 0.13 0.31 0.11 0.08 0.39 0.41 0.59
Current Ratio(x) 2.79 2.46 2.75 3.04 2.29 3.04 4.07 3.16
Quick Ratio(x) 1.04 1.39 1.64 2.14 1.28 1.26 1.63 0.67
Interest Cover(x) -4.81 5.1 -0.67 2.36 12.29 19.93 0.96 0.31
Total Debt/Mcap(x) 28.27 0.19 0.61 0.07 0.07 0.36 0.37 0.72

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +20% -61% -47% —
Operating Profit CAGR -57% — -6% —
PAT CAGR — 0% — —
Share Price CAGR -36% +2% -5% -2%
ROE Average -2% +8% +7% +4%
ROCE Average +1% +8% +7% +7%

Ashima Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 73.49 %
FII 0.14 %
DII (MF + Insurance) 0 %
Public (retail) 26.37 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 73.4973.4973.4973.4973.4973.4973.4973.4973.4973.49
FII 0.030.1000.030.050.040.10.140.14
DII 00.070.130.13000000
Public 26.4826.3526.3826.3826.4826.4626.4726.4126.3726.37
Others 0000000000
Total 100100100100100100100100100100

Ashima Peer Comparison

Construction - Real Estate Edit Columns

Ashima Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Ashima Pros & Cons

Pros

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Debtor days have increased from 0 to 875days.
  • Earnings include an other income of Rs. 10 Cr.
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