Asahi India Glass Ltd (ASAHIINDIA)
₹692.3
Analyst Rating
based on 2 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 2 analysts offering long term price targets for Asahi India Glass Ltd. An average target of ₹534.5
Source: S&P Global Market Intelligence
Asahi India Glass Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹682.1₹704.9552 Week's Low
52 Week's High
₹491.6₹722
| Returns % | |
| 1 Month Return | -1.93 % |
| 3 Month Return | + 15.19 % |
| 1 Year Return | + 23.07 % |
| Market Stats | |
| Previous Close | ₹695.20 |
| Open | ₹690.15 |
| Volume | 3.48L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,900.31Cr |
Key Statistics
| P/E Ratio | 51.53 |
| PEG Ratio | -33.68 |
| Market Cap | ₹16,900.31 Cr |
| P/B Ratio | 5.17 |
| EPS | 14.88 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹16,900.31 Cr | 47.79% | 0.70 | ₹361 Cr | ₹4,018 Cr |
 | HOLD | ₹9,835.62 Cr | 9.64% | 0.88 | -₹818 Cr | ₹6,863 Cr |
 | NA | ₹22,957.68 Cr | 530.62% | 0.78 | ₹125 Cr | ₹3,857 Cr |
 | BUY | ₹22,215.46 Cr | 41% | 0.52 | ₹1,125 Cr | ₹9,280 Cr |
 | BUY | ₹7,307.28 Cr | 35.48% | 0.60 | ₹152 Cr | ₹2,752 Cr |
Mutual Fund Holdings
Company Information
AIS offers a comprehensive portfolio of products, ranging from automotive windshields, side and rear windows, architectural glass, and consumer glassware. The company's popular brands include Asahi Glass, Asahi India, and Asahi Super Clear. Asahi Glass is the flagship brand of the company, and is renowned for its superior quality, safety and durability.
AIS also offers a variety of services, such as glass processing, glass tempering, glass lamination, and glass printing. The company has a well-established network of over 2000 channel partners and distributors across India, and has a presence in over 50 countries.
Share Price: ₹692.30 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹16,900.31Cr as of today
Revenue: ₹1,087.63Cr as on March 2024 (Q1 24)
Net Profit: ₹73.25Cr as on March 2024 (Q1 24)
Listing date: 18 Mar, 1998
Chairperson Name: Sanjay Labroo
| Organisation | Asahi India Glass Ltd |
| Headquarters | Gurgaon |
| Industry | Glass & Glass Products |
| E-voting on shares | Click here to vote |
Key events for Asahi India Glass Ltd
Asahi India Glass Ltd Volume Spikes 11.45 Times - 23 Jul, 2024
Asahi India Glass Ltd saw a significant increase in trading volume, with 16.67 lakh shares traded on NSE, an 11.45 fold spurt over the two-week average daily volume of 1.46 lakh shares. The stock rose by 5.98% to Rs.681.95.
Asahi India Glass Aims for Double-Digit Growth in FY2025 - 07 Jul, 2024
Asahi India Glass is optimistic about the demand for sunroofs and new product introductions, including laminated side window glass. The company plans to grow its PV market share to up to 75% this year and aims to increase revenues by double digits. AIS also plans to augment its capacities further to 10 million laminated windshields and 7.2 million tempered glasses by FY2028.
Asahi India Glass Plans Capacity Expansion - 03 Jul, 2024
Asahi India Glass plans to invest Rs 1,900-Rs 2,000 crores in capacity expansion over FY25–26. The company aims to maintain competitiveness and improve margins by recovering from inflationary pressures and making internal improvements.
Insights on Asahi India Glass Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 1.04K Cr → 1.10K Cr (in ₹), with an average increase of 5.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 1.44% to 1.47% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, ASAHIINDIA stock has moved up by 9.3%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 63.36 Cr → 73.92 Cr (in ₹), with an average increase of 14.3% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 54.23% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 319.9% return, outperforming this stock by 227.6%
- NO EFFECT
Against Peers
In the last 1 year, Samvardhana Motherson International Ltd has given 98.6% return, outperforming this stock by 75.5%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 40.37% to 40.35% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.95% to 3.94% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹1,087.63Cr | ↑4.90% |
Net Income | ₹73.25Cr | ↑16.94% |
Net Profit Margin | 6.73% | ↑11.42% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹4,018.76Cr | ↑26.76% |
Net Income | ₹361.67Cr | ↑5.52% |
Net Profit Margin | 9.00% | ↓16.74% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹4,620.16Cr | ↑18.42% |
Total Liabilities | ₹2,493.15Cr | ↑19.33% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹377.09Cr | ↓33.38% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 54.23% | 0.00 | |
| Foreign Institutions | 3.94% | ||
| Mutual Funds | 1.47% | 1.95 | |
| Retail Investors | 40.35% | ||
| Others | 0.01% | 50.00 |
Key Indicators
Asahi India Glass Ltd Valuation
Asahi India Glass Ltd in the last 5 years
Lowest (21.89x)
May 18, 2020
Today (51.53x)
July 23, 2024
Industry (73.87x)
July 23, 2024
Highest (114.94x)
December 7, 2020
Earnings and Dividends
Asahi India Glass Ltd Earnings Results
Asahi India Glass Ltd’s net profit jumped 7.25% since last year same period to ₹73.92Cr in the Q4 2023-2024. On a quarterly growth basis, Asahi India Glass Ltd has generated 16.67% jump in its net profits since last 3-months.
Read More about Earnings ResultsAsahi India Glass Ltd Dividends May,2024
In the quarter ending March 2024, Asahi India Glass Ltd has declared dividend of ₹2 - translating a dividend yield of 0.58%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Asahi India Glass Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Asahi India Glass Ltd (ASAHIINDIA) share price today is ₹692.3
Asahi India Glass Ltd is listed on NSE
Asahi India Glass Ltd is listed on BSE
- Today’s highest price of Asahi India Glass Ltd is ₹704.95.
- Today’s lowest price of Asahi India Glass Ltd is ₹682.1.
PE Ratio of Asahi India Glass Ltd is 51.53
PE ratio = Asahi India Glass Ltd Market price per share / Asahi India Glass Ltd Earnings per share
Today’s traded volume of Asahi India Glass Ltd(ASAHIINDIA) is 3.48L.
Today’s market capitalisation of Asahi India Glass Ltd(ASAHIINDIA) is ₹16900.31Cr.
| Asahi India Glass Ltd(ASAHIINDIA | Price |
|---|---|
52 Week High | ₹722 |
52 Week Low | ₹491.6 |
Asahi India Glass Ltd(ASAHIINDIA) share price is ₹692.3. It is down -4.11% from its 52 Week High price of ₹722
Asahi India Glass Ltd(ASAHIINDIA) share price is ₹692.3. It is up 40.83% from its 52 Week Low price of ₹491.6
| Asahi India Glass Ltd(ASAHIINDIA | Returns |
|---|---|
1 Day Returns | -2.9% |
1 Month Returns | -1.93% |
3 Month Returns | 15.19% |
1 Year Returns | 23.07% |