Ashima Ltd
ASHI

Ashima Ltd (ASHIMASYN)

₹12.752%

Key Stats

₹12.3
Day's Price Range
₹13.1
₹10.85
52-Week Price Range
₹23.4
1 Month Return-16.11 %
3 Month Return-20.89 %
1 Year Return-36.39 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 46
13.38
EPS
Rank 71
₹0.93
BVPS
Rank 97
₹10.91
Dividend Yield
Rank 41
ROE
Rank 341
-8%
Price To Book Ratio
Rank 32
1.14
Debt To Asset
Rank 129
0.19

Company Information

Ashima AL promoted by Chintan N Parikh and Sanjay S Lalbhai apart from manufacturing synthetic textiles is also into engineering to manufacture hightensile fasteners and automobile components dealership to sell PFY and POY and construction. In 1992 after Sanjay Lalbhais substantial disinvestment Chintan Parikh acquired a controlling interest in the company. The sizing facility and engineering division were acquired in Jun.92 as part of the package deal with Anagram Finance. The company set up a 100 EOU to manufacture grey cotton fabrics which started commercial production in Jun.93. Within 9 months this unit was accredited with the ISO9002 certification. It took over the 20240 spindles and the entire weaving and processing infrastructure of the Ahmedabadbased Mihir Textiles of the Sungrace Mafatlal group in Nov.93. This was converted into a hightechnology denim plant Ashima Denims to manufacture and export denim. In 1995 AL promoted Ashima Dyecot with an ultramodern dyehouse to process cotton fabrics and Ashima Spinfab to produce and export finished yarn dyed fabrics. During the year 19992000 the captive power plant was fully commissioned and the Company has commissioned one more 3 MW power plant during the year.In pursuit of its strategy to offer onestopshop to its international customers the Company has set up its first garment manufacturing facility. This facility has now commenced full fledged commercial production and is set to begin despatching garments to leading international and domestic labels this week.
OrganisationAshima Ltd
HeadquartersAhmedabad
IndustryTextiles