Is Ashnisha Industries Ltd (541702) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ashnisha Industries Ltd is a below average quality company .

Is Ashnisha Industries Ltd (541702) undervalued or overvalued?

The key valuation ratios of Ashnisha Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Ashnisha Industries Ltd (541702) share price return in the past 10 years?

Data is not available for this company

Is Ashnisha Industries Ltd (541702) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ashnisha Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Ashnisha Industries Ltd (541702)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ashnisha Industries Ltd (541702) on 17-Apr-2026 16:59:59 at 16:59 is 3.65.

What is the P/E ratio of Ashnisha Industries?

The latest standalone P/E ratio of Ashnisha Industries as of 17-Apr-2026 is 442.67.

What is the P/B ratio of Ashnisha Industries Ltd (541702)?

The latest standalone P/B ratio of Ashnisha Industries Ltd (541702) as of 17-Apr-2026 is 1.27.

What is the 52-week high and low of Ashnisha Industries Ltd (541702)?

The 52-week high of Ashnisha Industries Ltd (541702) is Rs. 4.94 and the 52-week low is Rs. 2.57.

Ashnisha Industries Ltd (541702) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Ashnisha Industries Ltd (541702)
Brand: Ashnisha Industries

Ashnisha Industries Ltd (541702) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹98 Cr.

P/E Ratio

442.67

Price to Book (P/B)

1.27

Price to Sales (P/S)

24.17

EV/EBITDA

389.77

Return on Capital Employed (ROCE)

0.60%

Current Price

₹3.7

Return on Equity (ROE)

0.44%

Return on Assets (ROA)

0.36%

Operating Profit Margin

-2.5%

Net Profit Margin

4.32%

Gross Profit Margin

5.9%

Book Value per Share

₹2.9

Sales Growth (YoY)

-46.3%

Sales Growth (3 Years)

NA%

Operating Profit Growth (1 Year)

-108.97%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

-81.54%

52-Week Low / High

₹3 / 5

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

6.61%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Ashnisha Industries Ltd?

Ashnisha Industries Ltd revenue growth is -46.3% for FY-2025 , which is below its 5 year CAGR of 5.7% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Ashnisha Industries Ltd?

Promoters hold 6.61% of the Ashnisha Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Ashnisha Industries Ltd vs industry peers?

Ashnisha Industries Ltd revenue CAGR is 5.65% , compared to the industry median CAGR of 0% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Ashnisha Industries Ltd belong to?

Ashnisha Industries Ltd belongs to the Miscellaneous sector, operating specifically within the Trading segment.

Q.1 Stock return of Ashnisha Industries Ltd over the last decade?

Over the last 5 year(s), the stock has delivered a CAGR of 49.15% based on the current price.

DeciZen - make an informed investing decision on Ashnisha Industries

Based on:

Data

M-Cap below 100cr DeciZen not available

Ashnisha Industries stock performance

Key Ratios

Is Ashnisha Industries Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-0%	-0.6%	-8.2%	-0.3%	-0.2%	-0.7%	-1%	4.1%	3%	0.6%	-
Value Creation Index ⓘ	-1.0	-1.1	-1.6	-1.0	-1.0	-1.1	-1.1	-0.7	-0.8	-1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1.4	0.5	11.8	2.7	2.2	0	0	6.5	5.3	2.8	4
Sales YoY Gr.	-	-61.7%	2,087%	-77.3%	-19.8%	-100%	NA	NA	-19.3%	-46.3%	-
Adj EPS ⓘ	-0.1	-0.3	-0.1	-0	-0	-0	-0	0.1	0.1	0	0
YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	0%	-83.3%	-
BVPS (₹) ⓘ	0.1	0.5	3.8	3.8	3.8	3.7	0.4	2.2	2.5	2.6	2.9
Adj Net Profit ⓘ	-0	-0	-0.2	-0	-0	-0.1	-0.5	0.7	0.7	0.1	0
Cash Flow from Ops. ⓘ	0	-0	-11.6	2.4	-0.3	0.3	-1.6	-10.7	-2.5	-0.8	-
Debt/CF from Ops. ⓘ	0	-54.5	-0.1	0.7	-5.6	6.9	-1.1	-0.2	-1.5	-5.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.1%	5.7%	NA	-46.3%
Adj EPS ⓘ	NA	NA	NA	-83.3%
BVPSⓘ	45%	-7.4%	90.3%	0.4%
Share Price	-	48.8%	-37.1%	15.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-93.4	-95.6	-3.5	-0.3	-0.3	-0.8	-4.1	3.8	2.6	0.4	0.4
Op. Profit Mgn % ⓘ	-0.1	-2.6	-0.1	-1.1	-1.1	0	0	2.1	14.8	-2.5	-4.5
Net Profit Mgn % ⓘ	-0.1	-2.5	-1.8	-1.5	-1.6	0	0	10.3	12.4	4.3	6.6
Debt to Equity ⓘ	2226.7	77.5	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.2	-
Working Cap Days ⓘ	0	619	208	1,668	1,950	0	0	1,149	1,961	3,513	8,542
Cash Conv. Cycle ⓘ	0	4	131	1,067	1,210	0	0	160	292	783	8,022

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0	0
TTM Sales (₹ Cr.)	4.1	8.5
BVPS (₹) ⓘ	2.9	4.2
Reserves (₹ Cr.) ⓘ	50	84
P/BV ⓘ	1.27	0.89
PE ⓘ	442.67	288.59

From the Market
52 Week Low / High (₹)	2.57 / 4.94
All Time Low / High (₹)	0.14 / 24.01
Market Cap (₹ Cr.)	97.8
Equity (₹ Cr.)	26.5
Face Value (₹)	1
Industry PE ⓘ	25.4

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Ashnisha Industries - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1.41	0.54	11.81	2.68	2.15	0	0	6.53	5.27	2.83
Operating Expenses ⓘ +	1.41	0.56	11.82	2.71	2.18	0.08	0.63	6.39	4.50	2.90
Manufacturing Costs	0	0.01	0	0	0	0	0	0	0	0
Material Costs	1.40	0.54	11.79	2.67	2.09	0	0	6.21	4.07	2.79
Employee Cost	0	0	0	0.01	0.01	0.01	0.09	0.01	0.02	0.04
Other Costs ⓘ	0	0.01	0.03	0.02	0.08	0.07	0.54	0.17	0.40	0.07
Operating Profit ⓘ	-0	-0.01	-0.01	-0.03	-0.02	-0.08	-0.63	0.14	0.78	-0.07
Operating Profit Margin (%)	-0.1%	-2.6%	-0.1%	-1.1%	-1.1%	-	-	2.1%	14.8%	-2.5%
Other Income ⓘ +	0	0	0.02	0	0	0	0.50	0.66	0.08	0.26
Exceptional Items ⓘ	0	0	-0.66	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0.01	0.02
Depreciation ⓘ	0	0	0.01	0.01	0.01	0.01	0	0	0	0
Profit Before Tax ⓘ	-0	-0.01	-0.66	-0.04	-0.03	-0.09	-0.14	0.80	0.84	0.16
Tax ⓘ	0	0	0	0	0	0	0	0.13	0.19	0.04
Profit After Tax	-0	-0.01	-0.66	-0.04	-0.03	-0.09	-0.14	0.67	0.65	0.12
PAT Margin (%)	-0.1%	-2.5%	-5.6%	-1.5%	-1.6%	-	-	10.3%	12.4%	4.3%
Adjusted EPS (₹)	-0.1	-0.3	-0.2	-0.0	-0.0	-0.0	0.0	0.1	0.1	0.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	0	0.03	12.18	12.14	12.11	12.02	11.88	23.42	27.47	27.60
Share Capital ⓘ	0.01	0.05	3.02	3.02	3.02	3.02	3.02	9.90	10.10	10.10
Reserves ⓘ	-0.01	-0.02	9.16	9.12	9.09	9	8.86	13.52	17.37	17.50
Debt +	2.11	2.12	1.67	1.61	1.69	1.74	1.74	1.69	3.77	4.14
Long Term Debt	2.11	2.12	1.67	1.60	1.66	1.66	1.66	1.66	3.73	4.11
Short Term Debt	0	0	0	0.01	0.04	0.08	0.08	0.03	0.04	0.03
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1.47	0.30	1.53	1.24	1.62	1.31	1.31	7.94	1.79	1.91
Others Liabilities ⓘ	0	0	0.01	0.74	0.51	0.02	0.03	0.27	0.62	0.05
Total Liabilities ⓘ	3.59	2.46	15.39	15.73	15.94	15.08	14.95	33.31	33.66	33.70
Fixed Assets
Net Fixed Assets ⓘ +	0	0	0.05	0.05	0.04	0.03	0.02	0.02	0.02	0.02
Gross Block	0	0	0.06	0.07	0.07	0.07	0.07	0.07	0.07	0.07
Accumulated Depreciation	0	0	0.01	0.02	0.03	0.04	0.04	0.05	0.05	0.05
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0.34
Investments ⓘ	1.84	2.09	2.17	4.22	4.22	4.22	3.44	3.44	6.44	5.67
Inventories	0	0	0	0	0	0	0	0	0.24	0
Trade Receivables	1.48	0.30	10.02	8.38	8.79	7.25	4.21	11.07	8.53	7.42
Cash Equivalents	0.25	0.02	0.04	0.12	0.03	0.28	0.02	0.21	0.17	0.20
Others Assets ⓘ	0.02	0.05	3.12	2.95	2.86	3.30	7.26	18.57	18.26	20.04
Total Assets ⓘ	3.59	2.46	15.39	15.73	15.94	15.08	14.95	33.31	33.66	33.70

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.04	-11.57	2.37	-0.30	0.25	-1.55	-10.68	-2.51	-0.77
PBT ⓘ	-0.01	-0.66	-0.04	-0.03	-0.09	-0.14	0.80	0.84	0.16
Adjustment ⓘ	0	0.65	0.01	0.01	0.01	-0.50	0	0	0
Changes in Working Capital ⓘ	-0.03	-11.56	2.4	-0.28	0.34	-0.91	-11.36	-3.16	-0.9
Tax Paid ⓘ	0	0	0	0	0	0	-0.13	-0.19	-0.04
Cash Flow From Investing Activity ⓘ +	-0.25	-0.77	-2.06	0	0	1.28	0	-3	0.42
Capex	0	-0.06	-0.01	0	0	0	0	-0	-0.34
Net Investments	-0.25	-0.71	-2.05	0	0	1.28	0	-3	0.77
Others ⓘ	0	-0	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	0.05	12.36	-0.23	0.21	0	0	10.87	5.48	0.38
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	10.87	3.40	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0.04	12.81	0	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0
Others ⓘ	0.01	-0.45	-0.23	0.21	0	0	0	2.08	0.38
Net Cash Flow ⓘ	-0.24	0.02	0.09	-0.09	0.25	-0.26	0.19	-0.03	0.03

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	N/A	-95.59	-10.78	-0.32	-0.28	-0.79	-1.13	3.81	2.56	0.44
ROCE (%)	N/A	-0.64	-8.22	-0.29	-0.24	-0.69	-0.97	4.13	3.04	0.6
Asset Turnover Ratio	0.39	0.18	1.32	0.17	0.14	0	0	0.27	0.16	0.08
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-15.94	-3.86	-6.42
Working Capital Days
Receivable Days	383	597	160	1,255	1,457	0	0	427	678	1,028
Inventory Days	0	0	0	0	0	0	0	0	16	0
Payable Days	384	598	28	189	250	0	0	272	436	242

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Ashnisha Industries Ltd FAQs

The current trading price of Ashnisha Industries on 17-Apr-2026 16:59 is ₹3.65.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Ashnisha Industries stood at ₹97.83 Cr

The latest P/E ratio of Ashnisha Industries as of 16-Apr-2026 is 442.7.

The latest P/B ratio of Ashnisha Industries as of 16-Apr-2026 is 1.27.

The 52-week high of Ashnisha Industries is ₹4.94 and the 52-week low is ₹2.57.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ashnisha Industries is ₹4.05 ( Cr.) .

About Ashnisha Industries Ltd

Ashnisha Industries Limited is an Indian Public Limited Company, primarily engaged in the business of manufacturing and trading of Steel and Steel alloys. The Company also operates into the Trading and Investment Business. The company was formerly known as Ashnisha Alloys Limited.

Business area of the company

The company is engaged in the business of trading of various steel products and trading of goods.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Ashnisha Industries Ltd (541702) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Ashnisha Industries Share Price