Asahi Industries share price
BSE: 514482Textiles & Apparels
Asahi Industries Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 1995
Trading suspended since 28 Feb 2023
Last traded ₹5.09 on 6 Feb 2023
Latest announcements
Routine notices left out.
Mar 2026
31 Mar · Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure) Regulations, 2015-Implementation Of Resolution Plan And Handover Of Management To Safex Realtor Private Limited.
Jul 2023
5 Jul · Announcement Under Regulation 30 ( LODR )
Jul 2022
18 Jul · Submission Of Order Received From Hon'ble NCLT Mumbai Bench
Dec 2021
31 Dec · Meeting
14 Dec · Reg. 34 (1) Annual Report
Results for the quarter to Jun 2021
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.47 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- −₹0.07
From revenue to net profit, ₹ crore
- Depreciation−0.5
- Profit before tax−0.5
- Net profit−0.5
Asahi Industries results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2021. Results for the quarter to Sep 2021 were due by 14 Nov 2021, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
- Loss
Peak revenue ₹9.08 Cr, quarter to Sep 2018; lowest ₹0.38 Cr, quarter to Dec 2018A loss in 3 of the 3 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 66.5 | 65.8 | 70.6 | 51.7 | 38.5 | 27.0 | 7.4 | 9.8 | 9.1 | 0.4 | – | – | – | – | – | – | – | – | – | – |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 65.5 | 68.7 | 69.5 | 51.2 | 38.1 | 26.6 | – | 9.1 | 8.5 | 1.2 | – | – | – | – | – | – | – | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 57.9 | 57.3 | 58.7 | 50.3 | 34.1 | 23.9 | 1.3 | 8.2 | 7.5 | 0.4 | – | – | – | – | – | – | – | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | 1.8 | 0.3 | 0.3 | 0.4 | – | 0.1 | 0.1 | 0.1 | – | – | – | – | – | – | – | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | 9.0 | 0.6 | 3.7 | 2.4 | – | 0.9 | 0.9 | 0.8 | – | – | – | – | – | – | – | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | 1.0 | −2.8 | 1.1 | 0.5 | 0.5 | 0.4 | – | 0.6 | 0.6 | −0.8 | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 1.5% | −4.3% | 1.6% | 1.0% | 1.2% | 1.3% | – | 6.5% | 6.3% | −220.9% | – | – | – | – | – | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 2.9 | 2.9 | 2.9 | 3.3 | 3.3 | 3.3 | 1.6 | 2.0 | 2.0 | 1.1 | – | – | – | – | – | – | – | – | – | 0.5 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | – | – | 0.0 | – | – | – | – | 0.0 | 0.0 | 0.0 | – | – | – | – | – | – | – | – | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | – | 0.0 | 0.0 | 0.0 | – | – | – | – | – | – | – | – | – | – |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | – | – | – | 0.0 | 0.0 | 0.0 | – | – | – | – | – | – | – | – | – | – |
| Profit before tax | −2.3 | −6.2 | −2.2 | −3.2 | −3.3 | −3.4 | −4.4 | −1.3 | −1.3 | −1.9 | – | – | – | – | – | – | – | – | – | −0.5 |
| Tax | – | – | −2.0 | – | – | – | – | 0.0 | 0.0 | 0.0 | – | – | – | – | – | – | – | – | – | – |
| Net profit | −2.3 | −6.2 | −0.2 | −3.2 | −3.3 | −3.4 | −4.4 | −1.3 | −1.3 | −1.9 | – | – | – | – | – | – | – | – | – | −0.5 |
| Net margin | −3.5% | −9.4% | −0.3% | −6.2% | −8.5% | −12.4% | −58.6% | −13.1% | −14.8% | −500.0% | – | – | – | – | – | – | – | – | – | – |
| Earnings per share | −₹0.35 | −₹0.93 | −₹0.04 | −₹0.48 | −₹0.49 | −₹0.51 | −₹0.66 | −₹0.19 | −₹0.20 | −₹0.29 | – | – | – | – | – | – | – | – | – | −₹0.07 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2019, Jun 2019, Sep 2019, Dec 2019, Mar 2020, Jun 2020, Sep 2020, Dec 2020 and Mar 2021.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹529 Cr, year to Mar 2015; lowest ₹28 Cr, year to Mar 2009A loss in 3 of the 10 years shown
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue125
- Materials and goods−108
- Employee costs−3.2
- Other expenses−14
- Operating profit0.3
- Depreciation−12
- Other income0.0
- Finance costs−1.3
- Profit before tax−13
- Tax+2.2
- Net profit−10
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 28 | 87 | 124 | 170 | 208 | 259 | 529 | 279 | 277 | 125 |
| – | – | – | – | – | 244 | 515 | 262 | 277 | 124 | |
| Materials and goods bought | 19 | 59 | 89 | 128 | 152 | 208 | 460 | 210 | 241 | 108 |
| Employee costs | – | – | – | – | – | 16 | 16 | 8 | 4 | 3 |
| Other expenses | – | – | – | – | – | 21 | 40 | 44 | 32 | 14 |
| Operating profit before depreciation | – | – | – | – | – | 15 | 13 | 17 | 0 | 0 |
| Operating margin | – | – | – | – | – | 5.8% | 2.5% | 6.0% | 0.1% | 0.2% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | – | – | – | – | – | 80.0% | 86.9% | 75.4% | 86.8% | 86.4% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | – | – | – | – | – | 6.1% | 3.0% | 2.9% | 1.6% | 2.5% |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | – | – | – | – | – | 8.1% | 7.5% | 15.7% | 11.5% | 10.9% |
| Depreciation and amortisation | 3 | 12 | 13 | – | – | 14 | 14 | 13 | 12 | 12 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | – | – | – | – | – | 1 | 0 | 4 | −11 | −11 |
| Other income | – | – | – | – | – | – | 0 | 0 | 0 | 0 |
| Finance costs | – | – | – | 0 | 2 | 1 | 1 | 1 | 2 | 1 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | 1 | 0 | 0 | 3 | 0 | 0 | −1 | 3 | −13 | −13 |
| One-off items | – | – | – | – | – | – | – | −2 | – | – |
| Profit before tax | 1 | 0 | 0 | 3 | 0 | 0 | −1 | 1 | −13 | −13 |
| Tax | 4 | −1 | −1 | 1 | 0 | −1 | −2 | – | −2 | −2 |
| Net profit | −4 | 1 | 1 | 2 | 1 | 1 | 0 | 1 | −11 | −10 |
| Net margin | −13.2% | 1.4% | 0.8% | 1.1% | 0.4% | 0.4% | 0.0% | 0.2% | −4.0% | −8.3% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2009, Mar 2010 and Mar 2011: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012 and Mar 2013: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | 23.6% | 205.4% | 43.0% | 36.2% | 23.0% | 24.4% | 103.9% | −47.3% | −0.5% | −55.0% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | – | – | – | – | – | −10.1% | 23.9% | −98.1% | −18.0% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | – | – | −16.6% | 82.7% | −55.1% | 11.6% | −79.5% | 228.5% | – | – |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | – | – | – | 100.0% | −80.0% | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | – | – | – | – | – | 0.9 | – | 2.6 | – | – |
Interest cover is left blank for the years to Mar 2015, Mar 2017 and Mar 2018: operating profit after depreciation is a loss, and a loss covers no interest bill.
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2018.
| Measure | 10 years | 5 years | 3 years |
|---|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 18.4% | −9.8% | −38.2% |
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly operating profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | 2.9% | 2.1% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −2.1% | −2.3% | −4.0% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossaryPublished threshold 17.16 per cent | 627.14 | −828.57 | −520.48 | 24.78 | −86.12 | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Business segments
In the quarter to Dec 2018 the company reports one business segment, Textile, which carries all its revenue.
Asahi Industries share price by year
Each calendar year to 2023.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2023 | 5.09 | −4.9% | 5.09 | 5.09 |
| 2022 | 5.35 | +56.4% | 5.63 | 3.08 |
| 2021 | 3.42 | −21.9% | 4.17 | 3.08 |
| 2020 | 4.38 | +39.5% | 4.38 | 3.29 |
| 2019 | 3.14 | −0.3% | 3.36 | 3.14 |
| 2018 | 3.15 | +7.1% | 3.15 | 3.00 |
| 2017 | 2.94 | −4.9% | 2.94 | 2.94 |
| 2016 | 3.09 | −11.7% | 3.60 | 3.09 |
| 2015 | 3.50 | −22.0% | 4.27 | 3.23 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 6 Feb 2023. 2021 is from its first session, 19 Feb 2021. 2020 is from its first session, 29 Jun 2020. 2019 is from its first session, 4 Feb 2019. 2018 is from its first session, 23 May 2018. 2017 is from its first session, 10 Mar 2017. 2016 is from its first session, 10 Jun 2016. 2015 is from its first session, 27 Jan 2015. The close is the year's last trade for 2023 (6 Feb 2023), 2022 (14 Nov 2022), 2020 (14 Dec 2020), 2019 (2 Jul 2019), 2018 (24 May 2018), 2017 (3 Aug 2017), 2016 (19 Sep 2016) and 2015 (3 Dec 2015).
Recent sessions
The 10 trading days to 6 Feb 2023, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 6 Feb 2023 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 300 |
| 14 Nov 2022 | 5.35 | 5.35 | 5.35 | 5.35 | 5.35 | 1,000 |
| 18 Jul 2022 | 5.63 | 5.63 | 5.63 | 5.63 | 5.63 | 200 |
| 20 Jun 2022 | 5.63 | 5.63 | 5.63 | 5.63 | 5.63 | 2,600 |
| 31 May 2022 | 5.37 | 5.37 | 5.37 | 5.37 | 5.37 | 400 |
| 30 May 2022 | 5.12 | 5.12 | 5.12 | 5.12 | 5.12 | 100 |
| 23 May 2022 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 400 |
| 2 May 2022 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 1,000 |
| 8 Apr 2022 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 300 |
| 29 Mar 2022 | 4.65 | 4.65 | 4.65 | 4.65 | 4.65 | 100 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 514482
- ISIN
- INE745I01015
- Industry
- Textiles & Apparels
- CIN
- L17120MH1993PLC073267
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1993
- Registered office
- Ecomax, Musrane, Taluka Wada, Thane 421312, Maharashtra
- Share registrar
- Universal Capital Securities Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments