ASL Industries Ltd

ASL Industries Ltd (ASLIND)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return12.4 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 458
Rank 463
Rank 529
Dividend Yield
Rank 186
Rank 929
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

ASL Industries Limited was originally formed in Bihar as a partnership firm constituted under the Indian Partnership Act 1932 on September 1 1983 under the name Ajanta Industries. Thereafter Ajanta Industries was converted from a partnership firm to a Private Limited Company under Part IX of the companies Act 1956 as Ajanta Composite private Limited and a fresh certificate of incorporation dated February 20 1992 issued by Registrar of Companies. The name of the company was changed to ASL Industries Private Limited and a fresh certificate of incorporation dated January 22 2003 consequent upon change of name issued by Registrar of Companies.Subsequently the company was converted into Public Limited Company pursuant to shareholders resolution passed at the Extraordinary General Meeting held on February 26 2016 and the name of the company was changed to ASL Industries Limited and a fresh certificate of incorporation dated March 15 2016 consequent upon conversion to Public Limited Company issued by Registrar of Companies.The company is engaged in the business of manufacturing of forged products and press shop for sheet metal products. The company products have varied applications and are used in various industries like railway defense and automobile. The companies existing manufacturing unit is located at Jamshedpur Jharkhand. The companies unit is well equipped with quality assurance equipments. The company has its in house machine facilities in order to serve a flawless range of products. The companies existing unit has a machine shop for the rough and finish machining components heat treatment facilities and also inhouse die making facilities CNC and VMC horizontal and vertical centers light medium and heavy fabrication assembly and sheet metal press shop. The company also provides one stop solution from metal forming to assembly under one roof along with logistics and just in time solutions. The company is also capable of manufacturing both standardized as well as customized products. The companies flexible manufacturing infrastructure enables the company to extend the products range and to change the product mix as per the customer demand and requirements.The company is an ISO 14001:2015 and has obtained OHSAS 18001:2007 certifications for adhering to global standards in occupational health and safety management. The company is also an ISO/TS 16949:2009 certified by Bureau Veritas certification for pressed fabricated machined and assembled components from sheet metals and forgings.
OrganisationASL Industries Ltd
IndustryAuto Ancillaries