Asi Industries Ltd

Asi Industries Ltd (502015)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-5.61 %
3 Month Return1.75 %
1 Year Return-15.02 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 284
Rank 284
Rank 257
Dividend Yield
Rank 176
Rank 623
Price To Book Ratio
Debt To Asset
Rank 133

Company Information

Promoted by the Jatias of Rajasthan Associated Stone Industries ASIL is involved in mining and polishing Kotah stone which is found only in Kotah district Rajasthan. ASIL one of the oldest units in this segment commenced operations in 1945. The company has an enviable record of dividends sustained consistently since 194546 its first year of operations. The bonus record too has been excellent. Located at Ramganjmandi near Kotah city in Rajasthan ASIL can lay claim to 10 sq km of leased mines consisting of seven plots. Of these seven mines only one is fully mechanised. The company implemented a Rs 15cr mechanisation project financed by term loans and internal accruals.ASIL commissioned its online processing and polishing unit at Silvassa without any slippage or cost overrun. It diversified into marble products and is carrying out a geological survey at Kakroli near Udaipur and had set up a plant there. In Apr.95 Prerna Syntex PSL a 100 EOU was amalgamated with the company to enable it to diversify into textiles.During 199798 Prerna Syntex Plant 100 EoU located at Neemrana has succesfully installed the capacity of 24960 Spindles to produce 4673 tonnes of Cotton combed hoisery yarn per annum it has commenced its production from 15th Jan.97. During the financial year 19992000 the company received the approval of Government of India for NRI investment by way of equity shares.The company is planning to import Quantum Clearer machines during the current year 20012002. To reduce the cost of production the company is planning to import furnace oil based captive power plant. By importing these machines Production of Contamination free yarn will become possible.
OrganisationAsi Industries Ltd
IndustryMining & Mineral products