Ashoka Refineries Ltd - Stock Valuation and Financial Performance

BSE: 526983 | NSE: | Solvent Extraction | Small Cap

Ashoka Refineries Share Price

7.41 0.35 4.96%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Ashoka Refineries

M-Cap below 100cr DeciZen not available

Ashoka Refineries stock performance -

mw4me loader
P/E Ratio (SA):
96.07
Market Cap:
2.4 Cr.
52-wk low:
4.5
52-wk high:
7.1

Is Ashoka Refineries Ltd an attractive stock to invest in?

1. Is Ashoka Refineries Ltd a good quality company?

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

2. Is Ashoka Refineries Ltd undervalued or overvalued?

The key valuation ratios of Ashoka Refineries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Ashoka Refineries Ltd a good buy now?

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

10 Year X-Ray of Ashoka Refineries:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ashoka Refineries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -0.1%-1.9%-3%-6.3%-1%0.3%-2%0.4%7.9%3.3%-
Value Creation
Index
-1.0-1.1-1.2-1.5-1.1-1.0-1.1-1.0-0.4-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00000000.82.31.91
Sales YoY Gr.-0%-100%NANANANANA208%-17.3%-
Adj EPS 0-0.1-0.2-0.3-00-0.100.50.30.1
YoY Gr.-NANANANANA-1200%NA2600%-51.9%-
BVPS (₹) 5.154.82.22.24.55.45.87.188
Adj Net
Profit
00-0.1-0.100000.20.10
Cash Flow from Ops. 0000-0.1-0.10.30-0.30-
Debt/CF from Ops. -19.2-25.3-6.34.1-2.1-1.70.5-4.1-0.5-36.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 66%NANA-17.3%
Adj EPS NANANA-51.9%
BVPS5.2%29.8%14.4%13.1%
Share Price -15.1% -6.3% 11.4% 30.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-0.1-2.1-3.3-7.1-1.20.3-2.20.48.43.40.9
Op. Profit
Mgn %
-9.6-226.400000-1.96.83.9-1.6
Net Profit
Mgn %
-4.6-226.6000001.17.94.71.6
Debt to
Equity
0.10.10.10.20.20.10.10.10.10.1-
Working Cap
Days
16,17725,55500000255138240160
Cash Conv.
Cycle
-58,630-40,215000005359794

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.90%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -27.45%

Latest Financials - Ashoka Refineries Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 1.5 -
BVPS (₹.) 8 -
Reserves (₹ Cr.) -1 -
P/BV 0.88 -
PE 96.07 -
From the Market
52 Week Low / High (₹) 4.54 / 7.06
All Time Low / High (₹) 0.50 / 100.00
Market Cap (₹ Cr.) 2.4
Equity (₹ Cr.) 3.4
Face Value (₹) 10
Industry PE 28.8

Management X-Ray of Ashoka Refineries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Ashoka Refineries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.020.02000000.752.311.91
Operating Expenses 0.020.050.050.100.070.080.170.762.161.83
Manufacturing Costs0000000000
Material Costs00000000.662.051.68
Employee Cost 000.020.020.020.020.020.040.040.08
Other Costs 0.020.050.040.080.050.060.150.060.070.07
Operating Profit 0-0.04-0.05-0.10-0.07-0.08-0.17-0.010.160.07
Operating Profit Margin (%) -9.6%-226.0%------1.9%6.8%3.9%
Other Income 0000.020.060.080.130.020.030.04
Interest 0000000000
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax 0-0.04-0.05-0.09-0.010-0.040.010.190.11
Tax 0000000000.02
Profit After Tax 0-0.04-0.05-0.09-0.010-0.040.010.180.09
PAT Margin (%) 7.6%-226.0%-----1.1%7.9%4.6%
Adjusted EPS (₹)0.0-0.1-0.2-0.30.00.0-0.10.00.50.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1.741.701.650.750.741.521.831.962.422.73
Share Capital 3.403.403.403.403.403.403.403.403.403.40
Reserves -1.67-1.70-1.76-2.65-2.66-1.89-1.58-1.44-0.99-0.67
Minority Interest0000000000
Debt0.150.150.150.150.150.150.150.150.150.15
Long Term Debt0.150.150.150.150.150.150.150.150.150.15
Short Term Debt0000000000
Trade Payables0.430.010.010.020.0800.010.190.250.44
Others Liabilities 0.070.510.510.420.450.34-0.26-0.20-0.240.23
Total Liabilities 2.382.372.321.341.4221.732.102.573.55

Fixed Assets

Gross Block0000000000
Accumulated Depreciation0000000000
Net Fixed Assets0000000000
CWIP 0000000000
Investments 1.241.241.140.430.431.201.271.421.421.92
Inventories0000000000
Trade Receivables0.110000000.240.691.07
Cash Equivalents 0.020.010.090.040.030.020.060.040.040.23
Others Assets1.021.121.090.870.950.780.400.400.420.33
Total Assets 2.382.372.321.341.4221.732.102.573.55

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.01-0.01-0.020.04-0.07-0.090.29-0.04-0.310
PBT 0-0.04-0.05-0.09-0.010-0.040.010.190.11
Adjustment 000-0.02-0.06-0.08-0.05-0.02-0.03-0.03
Changes in Working Capital -0.010.030.030.14-0-0.010.38-0.02-0.47-0.06
Tax Paid 000000000-0.02
Cash Flow From Investing Activity 000.10-0.1000000.290.16
Capex 0000000000
Net Investments 000.10-0.1000000.290.16
Others 0000000000
Cash Flow From Financing Activity 0000.020.060.08-0.260.020.030.03
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000-0.31000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000.020.060.080.050.020.030.03
Net Cash Flow -0.01-0.010.08-0.05-0.01-0.010.03-0.0100.19
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.1-2.12-3.28-7.27-1.230.27-2.150.438.43.44
ROCE (%)0.12-1.94-3.01-6.38-1.020.33-1.990.437.944.04
Asset Turnover Ratio0.010.01000000.390.990.62
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A-4-1.720
Working Capital Days
Receivable Days1,71900000011773168
Inventory Days0000000000
Payable Days0000000563975

Ashoka Refineries Ltd Stock News

Ashoka Refineries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ashoka Refineries on 19-Apr-2024 16:01 is ₹7.41.
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 19-Apr-2024 16:01 the market cap of Ashoka Refineries stood at ₹2.40.
The latest P/E ratio of Ashoka Refineries as of 19-Apr-2024 16:01 is 96.07.
The latest P/B ratio of Ashoka Refineries as of 19-Apr-2024 16:01 is 0.88.
The 52-week high of Ashoka Refineries is ₹7.06 and the 52-week low is ₹4.54.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ashoka Refineries is ₹1.47 ( Cr.) .

About Ashoka Refineries Ltd

Ashoka Refineries was incorporated in the year 1991. The registered office of the company is located at Shyam Complex, Ramsagar Para, Raipur, Chattisgarh. The directors of the company are Sudhir Dixit, Ravi Kamra, Shabbir Memon and Deepak Tyagi.

The company has business interests in the solvent extraction sector. The company has its manufacturing unit at Rajpur in Madhya Pradesh.

For not complying with the listing agreement clauses the company was suspended for trading since January 07, 2002.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.