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Ashima Ltd (ASHIMASYN)

₹44.273.36%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹42.52
    ₹44.5
  • 52 Week's Low

    52 Week's High

    ₹12.5
    ₹51.6
1 Month Return+ 12.83 %
3 Month Return+ 92.49 %
1 Year Return+ 218.44 %
Previous Close₹42.83
Open₹42.83
Volume6.88L
Upper Circuit-
Lower Circuit-
Market Cap₹820.88Cr

Key Statistics

P/E Ratio46.05
PEG Ratio30.1
Market Cap₹820.88 Cr
P/B Ratio1.09
EPS0.93

Company Information

Ashima AL, promoted by Chintan N Parikh and Sanjay S Lalbhai, is a company that not only manufactures synthetic textiles but also produces hightensile fasteners and automobile components. In 1992, Chintan Parikh acquired a controlling stake in the company after Sanjay Lalbhais substantial disinvestment. They go on to set up a 100 EOU to manufacture grey cotton fabrics which were accredited with ISO9002 certification within 9 months. In Nov.93, the company takes over 20240 spindles & entire weaving & processing infrastructure of Ahmedabad based Mihir Textiles of Sungrace Mafatlal group. Also, the company sets up two other divisions - Ashima Dyecot and Ashima Spinfab. In pursuit of it's strategy to offer one-stop-shop to it's customers, Ashima AL sets up it's first garment manufacturing facility and has commenced full fledged commercial production. This unit is expected to begin dispatching garments to leading international & domestic labels this week, thus rounding off this successful journey of product diversification.

Share Price: ₹44.27 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹820.88Cr as of today
Revenue: ₹58.66Cr as on March 2022 (Q1 22)
Net Profit: ₹29.37Cr as on March 2022 (Q1 22)
Listing date: 10 May, 1995
Chairperson Name: Chintan N Parikh
OrganisationAshima Ltd
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Ashima Ltd

  • Ashima Ltd's Stock Price Drops 12% in a Week - 13 Jul, 2024

    Despite Ashima Ltd's impressive performance over the last five years, shareholders may be concerned after seeing a 12% drop in share price in the past week. However, the company has become profitable during this time, which could signal fast earnings growth to come.

  • Ashima Ltd Shares Surge by 52% in Last 30 Days - 14 Jun, 2024

    Ashima Limited's shares have gained 52% in the last thirty days and a massive increase of 154% in the last year. The company grew revenue by an impressive 59% last year, with an overall rise of 217% in the latest three-year period. Investors feel that potential continued revenue growth in the future is great enough to warrant an inflated P/S.

Insights on Ashima Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ASHIMASYN has outperformed top 5 stocks with highest market-cap in Textiles & Leather Goods

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.03% to 0.10% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, ASHIMASYN stock has moved up by 92.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 369.9% return, outperforming this stock by 255.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.49% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 26.48% to 26.35% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 22Q/Q Change
Revenue
₹58.66Cr
↓13.93%
Net Income
₹29.37Cr
↓1,606.15%
Net Profit Margin
50.07%
↓1,850.70%
2022Y/Y Change
Revenue
₹207.37Cr
↑99.82%
Net Income
₹17.92Cr
↓256.23%
Net Profit Margin
8.64%
↓178.19%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹320.18Cr
↑0.48%
Total Liabilities
₹92.27Cr
↑9.39%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹23.91Cr
↓9.43%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.49%
0.00
Foreign Institutions
0.1%
197.01
Mutual Funds
0%
0.00
Retail Investors
26.35%
-0.50
Others
0.07%
16300.00

Key Indicators

Ashima Ltd Valuation

Ashima Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-890.00x)

January 15, 2020

Today (46.05x)

July 23, 2024

Industry (101.00x)

July 23, 2024

Highest (53.12x)

July 2, 2024

LowHigh

Earnings and Dividends

  • Ashima Ltd Earnings Results

    Ashima Ltd’s net profit jumped 3355.29% since last year same period to ₹29.37Cr in the Q4 2021-2022. On a quarterly growth basis, Ashima Ltd has generated 1606.15% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Ashima Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Ashima Ltd (ASHIMASYN) share price today is ₹44.27

Ashima Ltd is listed on NSE

Ashima Ltd is listed on BSE

  • Today’s highest price of Ashima Ltd is ₹44.5.
  • Today’s lowest price of Ashima Ltd is ₹42.52.

PE Ratio of Ashima Ltd is 46.05

PE ratio = Ashima Ltd Market price per share / Ashima Ltd Earnings per share

Today’s traded volume of Ashima Ltd(ASHIMASYN) is 6.88L.

Today’s market capitalisation of Ashima Ltd(ASHIMASYN) is ₹820.88Cr.

Ashima Ltd(ASHIMASYNPrice
52 Week High
₹51.6
52 Week Low
₹12.5

Ashima Ltd(ASHIMASYN) share price is ₹44.27. It is down -14.21% from its 52 Week High price of ₹51.6

Ashima Ltd(ASHIMASYN) share price is ₹44.27. It is up 254.16% from its 52 Week Low price of ₹12.5

Ashima Ltd(ASHIMASYNReturns
1 Day Returns
1.44%
1 Month Returns
12.83%
3 Month Returns
92.49%
1 Year Returns
218.44%