Market Cap ₹465 Cr.
Stock P/E -212.3
P/B 2.1
Current Price ₹24.3
Book Value ₹ 11.5
Face Value 10
52W High ₹26.3
Dividend Yield 0%
52W Low ₹ 12.1
Ashima Ltd is engaged within the commercial enterprise of cotton fabric. The Company operates through Textiles section. The Company's divisions encompass Denim Division, Spinfab Division and Attires Division. The Company gives a variety of cotton textile merchandise, such as jeans, shirtings, bottom weights and interlinings. It gives diverse varieties of jeans, along with open end denim, ring denim, slub denim, cross-hatch denim, stretch denim, style denim, polyester denim, linen denim, Floc lined denim and over dyed denim. Its shirting merchandise include yarn dyed shirting, piece dyed shirting and completely bleached white shirting. It offers bottom weights in categories, inclusive of piece dyed and yarn dyed. The Company offers interlinings in medium, soft, and stiff finishes with low-density polyethylene (LDPE) and high-density polyethylene (HDPE) and polyester powder coating. The Company offers its products under ICON and Frank Jefferson logo names.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 56 | 75 | 65 | 81 | 62 | 49 | 58 | 53 | 51 | 79 |
| Other Income | 0 | 1 | 0 | 1 | 2 | 1 | 1 | 0 | 0 | 0 |
| Total Income | 57 | 76 | 66 | 82 | 64 | 49 | 59 | 54 | 51 | 80 |
| Total Expenditure | 61 | 76 | 70 | 81 | 64 | 48 | 57 | 54 | 51 | 73 |
| Operating Profit | -4 | 0 | -4 | 1 | -0 | 1 | 2 | -0 | 1 | 6 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Income / Expenses | 0 | 27 | 4 | 0 | 3 | 0 | -3 | 0 | 0 | 0 |
| Profit Before Tax | -6 | 25 | -2 | -1 | 1 | -0 | -3 | -2 | -1 | 4 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -6 | 25 | -2 | -1 | 1 | -0 | -3 | -2 | -1 | 4 |
| Adjustments | 6 | -25 | 0 | 0 | 0 | 0 | 1 | -0 | 0 | -0 |
| Profit After Adjustments | 0 | 0 | -2 | -1 | 1 | 0 | -2 | -2 | -1 | 3 |
| Adjusted Earnings Per Share | -0.5 | 2 | -0.2 | -0 | 0.1 | -0 | -0.1 | -0.1 | -0.1 | 0.2 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 268 | 268 | 271 | 213 | 193 | 230 | 336 | 285 | 104 | 208 | 207 | 241 |
| Other Income | 1 | 1 | 1 | 0 | 0 | 3 | 18 | 8 | 11 | 2 | 4 | 1 |
| Total Income | 269 | 269 | 272 | 214 | 193 | 233 | 354 | 293 | 114 | 210 | 211 | 244 |
| Total Expenditure | 268 | 268 | 278 | 221 | 206 | 241 | 340 | 289 | 107 | 215 | 212 | 235 |
| Operating Profit | 1 | 1 | -7 | -8 | -12 | -9 | 14 | 4 | 8 | -5 | -1 | 9 |
| Interest | 2 | 2 | 5 | 12 | 9 | 7 | 8 | 2 | 2 | 2 | 2 | 4 |
| Depreciation | 13 | 12 | 5 | 4 | 3 | 4 | 6 | 5 | 3 | 3 | 4 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 53 | 145 | 32 | 0 | 0 | 36 | -0 | -3 |
| Profit Before Tax | -14 | -13 | -16 | -24 | 28 | 126 | 33 | -3 | 2 | 26 | -8 | -2 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -14 | -13 | -16 | -24 | 27 | 126 | 33 | -3 | 2 | 26 | -8 | -2 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14 | -8 | 1 | 1 |
| Profit After Adjustments | -14 | -13 | -16 | -24 | 27 | 126 | 33 | -3 | -12 | 18 | -7 | -2 |
| Adjusted Earnings Per Share | -3.2 | -3 | -3.8 | -7.1 | 2.1 | 9.8 | 3.5 | -0.6 | 0.1 | 1.3 | -0.4 | -0.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -0% | -10% | -2% | -3% |
| Operating Profit CAGR | 0% | NAN% | 0% | NAN% |
| PAT CAGR | -131% | 0% | NAN% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 72% | 6% | 17% | 23% |
| ROE Average | -3% | 3% | 5% | 13% |
| ROCE Average | -2% | 4% | 6% | 11% |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | -244 | -257 | -269 | 19 | 54 | 160 | 227 | 222 | 210 | 227 | 220 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 468 | 468 | 457 | 61 | 74 | 24 | 25 | 22 | 19 | 15 | 33 |
| Other Non-Current Liabilities | 8 | 7 | 8 | 7 | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
| Total Current Liabilities | 35 | 37 | 124 | 136 | 70 | 71 | 69 | 53 | 41 | 76 | 67 |
| Total Liabilities | 266 | 255 | 320 | 223 | 198 | 256 | 321 | 298 | 270 | 319 | 320 |
| Fixed Assets | 174 | 162 | 145 | 138 | 121 | 105 | 137 | 139 | 134 | 117 | 134 |
| Other Non-Current Assets | 5 | 3 | 3 | 4 | 7 | 5 | 15 | 14 | 11 | 26 | 26 |
| Total Current Assets | 87 | 90 | 171 | 81 | 71 | 145 | 169 | 145 | 125 | 167 | 156 |
| Total Assets | 266 | 255 | 320 | 223 | 198 | 256 | 321 | 298 | 270 | 319 | 320 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 2 | 0 | 3 | 5 | 10 | 2 | 7 | 13 | 11 | 9 | 15 |
| Cash Flow from Operating Activities | 1 | 1 | 6 | 7 | -12 | -8 | -26 | 4 | -8 | -26 | -24 |
| Cash Flow from Investing Activities | -1 | 2 | 1 | -6 | 67 | 70 | 55 | 13 | -7 | 37 | 16 |
| Cash Flow from Financing Activities | -2 | 0 | -6 | -4 | -63 | -58 | -24 | -20 | 13 | -6 | 13 |
| Net Cash Inflow / Outflow | -2 | 3 | 1 | -3 | -8 | 4 | 6 | -2 | -2 | 6 | 5 |
| Closing Cash & Cash Equivalent | 0 | 3 | 5 | 2 | 2 | 6 | 13 | 11 | 9 | 15 | 20 |
| # | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -3.25 | -2.99 | -3.77 | -7.06 | 2.12 | 9.85 | 3.53 | -0.64 | 0.12 | 1.35 | -0.4 |
| CEPS(Rs) | -0.16 | -0.12 | -2.71 | -5.91 | 2.38 | 10.13 | 4.12 | 0.37 | 0.29 | 1.51 | -0.19 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | -73.11 | -76.07 | -84.59 | -47.2 | 4.19 | 12.48 | 24.38 | 15.75 | 10.97 | 11.86 | 11.49 |
| Core EBITDA Margin(%) | 0.13 | 0.08 | -2.7 | -3.71 | -6.62 | -4.93 | -1.28 | -1.24 | -2.72 | -3 | -2.29 |
| EBIT Margin(%) | -4.58 | -4.08 | -4.18 | -5.33 | 19.1 | 57.84 | 12.13 | -0.45 | 4.07 | 13.07 | -2.54 |
| Pre Tax Margin(%) | -5.2 | -4.79 | -5.98 | -11.05 | 14.33 | 55 | 9.76 | -1.12 | 2.23 | 12.01 | -3.59 |
| PAT Margin (%) | -5.2 | -4.79 | -5.98 | -11.05 | 14.11 | 55 | 9.76 | -1.12 | 2.07 | 12.01 | -3.59 |
| Cash Profit Margin (%) | -0.25 | -0.19 | -4.3 | -9.25 | 15.87 | 56.59 | 11.41 | 0.65 | 5.18 | 13.45 | -1.66 |
| ROA(%) | -5.24 | -4.93 | -5.63 | -8.67 | 12.91 | 55.72 | 11.37 | -1.1 | 0.79 | 8.78 | -2.41 |
| ROE(%) | 0 | 0 | 0 | 0 | 0 | 118.13 | 16.94 | -2.18 | 1.52 | 11.82 | -3.44 |
| ROCE(%) | -6.73 | -6.5 | -6.32 | -7.68 | 31.9 | 82.79 | 18.33 | -0.54 | 1.83 | 11.78 | -2.18 |
| Receivable days | 30.87 | 30.95 | 37.43 | 34.34 | 15.41 | 18.74 | 21.87 | 24.88 | 51.96 | 30.8 | 31.28 |
| Inventory Days | 68.11 | 77.73 | 70.18 | 80.73 | 86.24 | 80.67 | 70.93 | 79.23 | 161.34 | 96.35 | 133.65 |
| Payable days | 51.42 | 77.16 | 84.87 | 123.33 | 111.64 | 109.99 | 106.21 | 112.27 | 198.18 | 93.26 | 110.79 |
| PER(x) | 0 | 0 | 0 | 0 | 6.79 | 2.61 | 3.39 | 0 | 136.08 | 10.47 | 0 |
| Price/Book(x) | -0.03 | -0.03 | -0.07 | -0.23 | 3.43 | 2.06 | 0.49 | 0.2 | 1.44 | 1.19 | 1.09 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 1.84 | 1.84 | 2.14 | 0.94 | 1.3 | 1.53 | 0.36 | 0.09 | 2.63 | 1.26 | 1.19 |
| EV/Core EBITDA(x) | 501.55 | 347.26 | -85.56 | -26.6 | -20.44 | -40.28 | 8.8 | 6.23 | 35.31 | -57.63 | -194.98 |
| Net Sales Growth(%) | 9.43 | -0.07 | 1.18 | -21.32 | -9.54 | 19.2 | 46.04 | -15.01 | -63.64 | 100.49 | -0.52 |
| EBIT Growth(%) | -17.54 | 11.09 | -3.7 | -0.28 | 424.44 | 260.98 | -69.38 | -103.34 | 422.06 | 542.47 | -119.33 |
| PAT Growth(%) | -16.84 | 7.94 | -26.15 | -45.39 | 215.59 | 364.49 | -74.08 | -110.34 | 165.78 | 1059.19 | -129.75 |
| EPS Growth(%) | -16.84 | 7.94 | -26.15 | -87.21 | 130.03 | 364.49 | -64.19 | -118.08 | 118.26 | 1058.68 | -129.75 |
| Debt/Equity(x) | -1.59 | -1.53 | -1.57 | -1.14 | 1.45 | 0.18 | 0.13 | 0.3 | 0.11 | 0.08 | 0.15 |
| Current Ratio(x) | 2.5 | 2.44 | 1.39 | 0.6 | 1.01 | 2.04 | 2.46 | 2.75 | 3.06 | 2.19 | 2.33 |
| Quick Ratio(x) | 0.84 | 0.91 | 1 | 0.26 | 0.37 | 1.24 | 1.39 | 1.64 | 2.16 | 1.18 | 1.14 |
| Interest Cover(x) | -7.39 | -5.69 | -2.32 | -0.93 | 4 | 20.34 | 5.12 | -0.67 | 2.21 | 12.29 | -2.42 |
| Total Debt/Mcap(x) | 45.84 | 44.39 | 20.22 | 1.28 | 0.42 | 0.09 | 0.19 | 0.61 | 0.07 | 0.07 | 0.14 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 73.49 | 73.49 | 73.49 | 73.49 | 73.49 | 73.49 | 73.49 | 73.49 | 73.49 | 73.49 |
| FII | 0.32 | 0.32 | 0 | 0.32 | 0.32 | 0 | 0 | 0.03 | 0.03 | 0.03 |
| DII | 0 | 0 | 0.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 26.19 | 26.19 | 26.19 | 26.19 | 26.19 | 26.51 | 26.51 | 26.48 | 26.49 | 26.48 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 14.08 | 14.08 | 14.08 | 14.08 | 14.08 | 14.08 | 14.08 | 14.08 | 14.08 | 14.08 |
| FII | 0.06 | 0.06 | 0 | 0.06 | 0.06 | 0 | 0 | 0.01 | 0 | 0.01 |
| DII | 0 | 0 | 0.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.08 | 5.08 | 5.08 | 5.08 | 5.07 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19.17 | 19.17 | 19.17 | 19.17 | 19.17 | 19.17 | 19.17 | 19.17 | 19.17 | 19.17 |
Pros
Cons
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Sell or Purchase Share (Tentative Price)
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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