Is Asahi Songwon Colors Ltd (ASAHISONG) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Asahi Songwon Colors Ltd is a average quality company .

Is Asahi Songwon Colors Ltd (ASAHISONG) undervalued or overvalued?

The key valuation ratios of Asahi Songwon Colors Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Asahi Songwon Colors Ltd (ASAHISONG) share price return in the past 10 years?

Asahi Songwon Colors Ltd share price has appreciated 6.3% annually (CAGR) over the past ten years.

Is Asahi Songwon Colors Ltd (ASAHISONG) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Asahi Songwon Colors Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Asahi Songwon Colors Ltd (ASAHISONG)?

Company share prices are keep on changing according to the market conditions. The current trading price of Asahi Songwon Colors Ltd (ASAHISONG) on 07-May-2026 16:59:59 at 16:59 is 260.80.

What is the P/E ratio of Asahi Songwon Colors?

The latest standalone P/E ratio of Asahi Songwon Colors as of 07-May-2026 is 13.39.

What is the P/B ratio of Asahi Songwon Colors Ltd (ASAHISONG)?

The latest standalone P/B ratio of Asahi Songwon Colors Ltd (ASAHISONG) as of 07-May-2026 is 0.99.

What is the 52-week high and low of Asahi Songwon Colors Ltd (ASAHISONG)?

The 52-week high of Asahi Songwon Colors Ltd (ASAHISONG) is Rs. 483.25 and the 52-week low is Rs. 179.25.

Asahi Songwon Colors Ltd (ASAHISONG) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Asahi Songwon Colors Ltd (ASAHISONG)
Brand: Asahi Songwon Colors

Asahi Songwon Colors Ltd (ASAHISONG) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Asahi Songwon Colors Ltd (ASAHISONG)

BSE: 532853 NSE: ASAHISONG

Key Metrics

Market Cap

₹294 Cr.

P/E Ratio

13.39

Price to Book (P/B)

0.99

Price to Sales (P/S)

0.81

EV/EBITDA

7.63

Return on Capital Employed (ROCE)

12.14%

Current Price

₹260.8

Return on Equity (ROE)

9.29%

Return on Assets (ROA)

5.97%

Operating Profit Margin

11.5%

Net Profit Margin

6.53%

Gross Profit Margin

11.5%

Book Value per Share

₹251.9

Sales Growth (YoY)

41.09%

Sales Growth (3 Years)

-0.91%

Operating Profit Growth (1 Year)

163.8%

Operating Profit Growth (3 Years)

5.44%

Net Profit Growth (1 Year)

-3.19%

52-Week Low / High

₹179 / 483

Net Profit Growth (3 Years)

1.76%

Dividend Yield

0.45%

Promoter Holding

67.00%

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

0.00%

Check Before You Invest

Q.1 Stock return of Asahi Songwon Colors Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 6% based on the current price.

Q.1 Revenue growth of Asahi Songwon Colors Ltd?

Asahi Songwon Colors Ltd revenue growth is 41.1% for FY-2025, which is above its 5-year CAGR of 6.59%, indicating faster growth.

Q.1 Which industry/sub-sector does Asahi Songwon Colors Ltd belong to?

Asahi Songwon Colors Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Dyes & Pigments segment.

Q.1 Promoter shareholding and pledge status of Asahi Songwon Colors Ltd?

Promoters hold 67.00% of the Asahi Songwon Colors Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Asahi Songwon Colors Ltd vs industry peers?

Asahi Songwon Colors Ltd revenue CAGR is 6.59%, compared to the industry median CAGR of 6.84%, indicating slower growth and losing its market share.

DeciZen - make an informed investing decision on Asahi Songwon Colors

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

3. Price Trend

Asahi Songwon Colors stock performance

Key Ratios

Is Asahi Songwon Colors 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 % ⓘ	20.7%	23.1%	15.7%	12.2%	11.2%	18.7%	12.2%	1.3%	10.9%	12.1%	-
Value Creation Index ⓘ	0.5	0.7	0.1	-0.1	-0.2	0.3	-0.1	-0.9	-0.2	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	224	253	293	294	284	283	401	337	277	390	361
Sales YoY Gr.	-	13.2%	15.4%	0.4%	-3.4%	-0.3%	41.8%	-15.9%	-18%	41.1%	-
Adj EPS ⓘ	15.8	22.4	18.5	15.4	18.6	25	17.4	-6.2	6	19.9	18.6
YoY Gr.	-	41.8%	-17.4%	-16.9%	21.2%	34.4%	-30.5%	-135.7%	NA	231.2%	-
BVPS (₹) ⓘ	110.8	129.2	148	157.8	164.3	193.4	209.7	199.8	222.1	243.5	251.9
Adj Net Profit ⓘ	19.4	27.5	22.7	18.8	22.8	30.1	20.9	-7.3	7.1	23.5	22
Cash Flow from Ops. ⓘ	31.7	28.1	5.9	27.1	74.3	4.9	24.7	46	-3.8	50.8	-
Debt/CF from Ops. ⓘ	1.4	1.3	13	2.3	0.3	9.1	2.1	2.1	-23.7	1.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.4%	6.6%	-0.9%	41.1%
Adj EPS ⓘ	2.6%	1.4%	4.7%	231.2%
BVPSⓘ	9.1%	8.2%	5.1%	9.6%
Share Price	6.3%	-6.6%	7.8%	-28.7%

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 % ⓘ	15.3	18.7	13.3	10	11.6	13.9	8.6	-3	2.9	8.6	7.5
Op. Profit Mgn % ⓘ	17.5	18.7	13.2	13.7	12.1	17.1	9.5	2.4	6.1	11.5	10.2
Net Profit Mgn % ⓘ	8.7	10.8	7.8	6.4	8.1	10.6	5.2	-2.2	2.6	6	6.1
Debt to Equity ⓘ	0.3	0.2	0.4	0.3	0.1	0.2	0.2	0.4	0.3	0.2	-
Working Cap Days ⓘ	151	142	157	176	165	169	149	179	221	187	84
Cash Conv. Cycle ⓘ	73	71	79	101	85	87	85	87	99	70	23

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	18.6	13.2
TTM Sales (₹ Cr.)	361	544
BVPS (₹) ⓘ	251.9	220.6
Reserves (₹ Cr.) ⓘ	285	248
P/BV ⓘ	0.99	1.13
PE ⓘ	13.39	18.89

From the Market
52 Week Low / High (₹)	179.25 / 483.25
All Time Low / High (₹)	11.70 / 588.85
Market Cap (₹ Cr.)	294
Equity (₹ Cr.)	11.8
Face Value (₹)	10
Industry PE ⓘ	3.2

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Asahi Songwon Colors - 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	224	253	293	294	284	283	401	337	277	390
Operating Expenses ⓘ +	185	206	254	254	249	235	363	329	260	346
Manufacturing Costs	47	54	57	61	55	57	79	67	52	63
Material Costs	119	132	174	172	172	156	252	234	185	252
Employee Cost	7	7	8	8	8	8	9	9	9	10
Other Costs ⓘ	12	14	15	13	14	15	24	19	14	21
Operating Profit ⓘ	39	47	38	40	34	48	38	8	17	44
Operating Profit Margin (%)	17.4%	18.6%	13.1%	13.5%	12.1%	17.0%	9.5%	2.4%	6.1%	11.4%
Other Income ⓘ +	4	3	4	0	1	3	6	6	5	8
Exceptional Items ⓘ	0	0	0	0	0	4	0	0	26	0
Interest ⓘ	4	3	4	5	4	2	3	9	7	8
Depreciation ⓘ	7	7	7	8	8	8	9	10	10	10
Profit Before Tax ⓘ	31	40	32	26	23	45	32	-5	31	35
Tax ⓘ	10	13	9	8	0	12	8	0	4	9
Profit After Tax	21	27	23	18	23	33	24	-5	26	25
PAT Margin (%)	9.4%	10.8%	7.9%	6.2%	8.1%	11.6%	6.0%	-1.4%	9.5%	6.5%
Adjusted EPS (₹)	17.1	22.4	18.8	14.9	18.6	27.4	20.1	-4.0	22.3	21.6
Dividend Payout Ratio (%)	11.70%	13.40%	16%	20.10%	16.10%	12.80%	2.50%	-12.50%	2.20%	6.90%

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 +	136	159	182	194	202	233	252	235	262	287
Share Capital ⓘ	12	12	12	12	12	12	12	12	12	12
Reserves ⓘ	124	146	169	181	189	221	240	224	250	275
Debt +	43	34	70	57	16	39	46	87	82	50
Long Term Debt	5	4	19	18	13	8	14	22	15	6
Short Term Debt	38	30	51	39	4	32	32	65	67	44
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	19	30	36	31	24	41	63	49	43	73
Others Liabilities ⓘ	23	25	31	28	34	25	29	30	29	29
Total Liabilities ⓘ	220	247	319	309	276	338	390	402	416	439
Fixed Assets
Net Fixed Assets ⓘ +	93	94	141	150	129	138	154	151	122	112
Gross Block	130	138	192	208	195	210	234	241	222	221
Accumulated Depreciation	37	44	51	58	66	72	81	90	100	109
CWIP ⓘ	6	10	15	1	2	0	0	0	0	0
Investments ⓘ	26	30	19	14	27	51	50	98	107	107
Inventories	19	43	36	62	29	46	80	46	50	54
Trade Receivables	51	47	79	55	55	78	87	69	78	96
Cash Equivalents	3	3	2	3	2	2	4	4	2	5
Others Assets ⓘ	22	20	26	23	32	23	14	35	57	65
Total Assets ⓘ	220	247	319	309	276	338	390	402	416	439

Cash Flow

(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
Cash Flow From Operating Activity ⓘ +	32	28	6	27	74	5	25	46	-4	51
PBT ⓘ	31	40	32	26	23	40	32	-5	5	35
Adjustment ⓘ	8	7	6	14	12	16	12	17	14	14
Changes in Working Capital ⓘ	-1	-8	-23	-6	42	-42	-10	37	-24	10
Tax Paid ⓘ	-7	-10	-10	-7	-3	-9	-9	-3	1	-8
Cash Flow From Investing Activity ⓘ +	-15	-12	-44	-3	-21	-16	-25	-70	19	-7
Capex	-10	-12	-59	-4	-2	9	-24	-7	44	-0
Net Investments	-5	0	15	1	-5	9	-1	-48	-9	0
Others ⓘ	1	0	1	0	-14	-34	0	-15	-16	-7
Cash Flow From Financing Activity ⓘ +	-17	-17	38	-24	-53	11	1	24	-15	-40
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-3	-2	21	-3	-5	-5	8	12	-10	-9
Interest Paid ⓘ	-4	-3	-4	-5	-4	-2	-3	-9	-7	-8
Dividend Paid ⓘ	-8	-4	0	-4	-7	0	-4	-1	-1	-1
Others ⓘ	-1	-8	21	-13	-37	18	1	21	2	-23
Net Cash Flow ⓘ	-0	0	-0	-0	0	-0	-0	0	-0	3

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 (%)	16.52	18.62	13.57	9.75	11.55	15.17	9.98	-1.93	10.59	9.29
ROCE (%)	20.68	23.08	15.71	12.23	11.23	18.68	12.21	1.27	10.93	12.14
Asset Turnover Ratio	1.06	1.12	1.04	0.93	0.97	0.92	1.1	0.85	0.68	0.91
PAT to CFO Conversion(x)	1.52	1.04	0.26	1.5	3.22	0.15	1.04	N/A	-0.15	2.04
Working Capital Days
Receivable Days	74.80	68.40	78.40	83.50	70.70	85.90	75.20	84.60	97.30	81.50
Inventory Days	38.50	43.70	49.30	61.30	58.80	48.50	57.50	68.20	63.10	48.60
Payable Days	61.90	67.30	69.20	71.60	58.60	76	75.10	87.60	90.60	84

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Asahi Songwon Colors Ltd FAQs

The current trading price of Asahi Songwon Colors on 07-May-2026 16:59 is ₹260.8.

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 06-May-2026 the market cap of Asahi Songwon Colors stood at ₹293.5 Cr

The latest P/E ratio of Asahi Songwon Colors as of 06-May-2026 is 13.39.

The latest P/B ratio of Asahi Songwon Colors as of 06-May-2026 is 0.99.

The 52-week high of Asahi Songwon Colors is ₹483.2 and the 52-week low is ₹179.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asahi Songwon Colors is ₹361 ( Cr.) .

About Asahi Songwon Colors Ltd

Asahi Songwon Colors was incorporated in 1990 as privately owned company- Asahi Dyechem. The company was founded by Paru Jaykrishna.

Later in 1996-97, Songwon Colors of South Korea decided to enter into a joint venture with Asahi Dyechem with financial investment and technological collaboration. Thus, companyâ€™s name was changed to Asahi Songwon Colors

Asahi Songwon initially established manufacturing facility for pigment green 7 with a capacity of 600 MT. Then, after getting good international market, the capacity has been increased to 1200 mt/annum.

In 2005, Asahi Songwon Colors started manufacturing of CPC Blue Crude 5N with the technology of Clariant Songwon Colors of South Korea.

From existing capacity of 4000 MT/A, very soon company is planning to double the blue crude capacity. The company also intends to diversify in to allied products.

Asahi Songwon Colors' research and development laboratory is located at Asahi Green Plant site, which provides technical service to customers and seeks to develop new products suited to customer needs.

Products manufactured by the company:

Pigment Green 7
CPC Blue Crude
Pigment Alfa Blue 15:0
Pigment Alfa Blue 15:1
Pigment Beta Blue 15:3

Awards/ recognition:

Companyâ€™s pigment facility is located at Mehsana district and its figment blue facility in Vadodara district of Gujarat. Both plants have received ISO 14001:2004 certification.

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Asahi Songwon Colors Ltd (ASAHISONG) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Asahi Songwon Colors Share Price