ASI Industries Ltd Stock Analysis

BSE: 502015 | NSE: ASOCSTONE | Ceramics/Marble/Granite/Sanitaryware | Small Cap

BSE Share Price 25-Nov-2022 18:01
11.65 -0.10 (-0.85%)

DeciZen - Make an Informed Decision on ASI Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

ASI Industries Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
104.9 Cr.
52-wk low :
10.6
52-wk high :
24.5
Bole Toh?

1. Is ASI Industries Ltd a good quality company?

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

2. Is ASI Industries Ltd undervalued or overvalued?

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

3. Is ASI Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of ASI Industries 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 ASI Industries:

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.
ASI Industries 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8%6.2%8.6%6.7%7%5.7%6.3%0.5%2.9%3.5%-
Value Creation Index -0.4-0.6-0.4-0.5-0.5-0.6-0.6-1.0-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 175131209172235239181143173202150
YoY Gr. Rt. %--25.2%59.7%-17.6%36.7%1.7%-24.3%-20.7%20.7%16.5%-
Adj EPS 1.61.21.91.421.82.3-0.41.20.9-1.6
YoY Gr. Rt. %--23.2%58.8%-25.9%42.9%-12%29.6%-116.7%NA-31.5%-
BVPS (₹) 9.510.612.514.216.718.119.924.124.622.722.6
Adj Net Profit 12.99.915.711.616.614.618.9-3.211.27.7-14
Cash Flow from Ops. 19.32.646-20.820.516.316.522.824.456-
Debt/CF from Ops. 3.116.62-56.27.39.610.410.21.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.6%-3%3.7%16.5%
Adj EPS -6.5%-15.7%-28%-31.5%
BVPS 10.26.34.4-7.6
Share Price 11.3% -21.8% 3.6% -19.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.95.78.55.87.76.37.7-1.23.82.6-7.1
Op. Profit Mgn % 18.620.317.718.212.511.9183.214.718.9-7.3
Net Profit Mgn % 7.47.67.56.776.110.4-2.26.53.8-9.6
Debt to Equity 0.80.50.90.90.90.811.21.10.30
Working Cap Days 195225236378259265377405255225748
Cash Conv. Cycle 9613894117118146202237186147459

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.31

Return on Equity is Poor

Sales growth has been subdued in last 3 years 3.66%

Sales growth is not so good in last 4 quarters at -20.67%

Latest Financials - ASI Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -1.6 -8.2
TTM Sales (₹ Cr.) 150 175
BVPS (₹.) 22.6 22.8
Reserves (₹ Cr.) 194 196
P/BV 0.52 0.51
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 10.59 / 24.50
All Time Low / High (₹) 0.48 / 49.25
Market Cap (₹ Cr.) 105
Equity (₹ Cr.) 9
Face Value (₹) 1
Industry PE 31.8

Management X-Ray of ASI Industries :

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

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Analyst's Notes

Key Ratios of ASI Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

ASI Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ASI Industries on 25-Nov-2022 18:01 is : 11.65.
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 25-Nov-2022 18:01 the market cap of ASI Industries stood at ₹ 104.9.
The latest PE ratio of ASI Industries as of 25-Nov-2022 18:01 is 0.00.
The latest PB ratio of ASI Industries as of 25-Nov-2022 18:01 is 0.52
The 52-week high of ASI Industries is ₹ 24.50 and the 52-week low is ₹ 10.59.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of ASI Industries is ₹ 149.5 ( Cr.) .

About ASI Industries Ltd

Associated Stone Industries (Kotah) (ASI) was started in 1945, when ASI started stone mining operations in British India. Today ASI holds quarries 10 square Kms at Ramganjmandi in Rajasthan and which are largest in the world with more than 5,000 workers working to produce the best product.

ASI has changed the process of stone mining combining with the latest technology with solid experience and innovation. It has developed a perfect diamond tool unit for cutting, sawing and shaping various natural stones matching global standards.

Chairman and Managing Director of the company Deepak Jatia took total control of the company in year 2000. He had been on Board of the directors from year 1987. Under his command, company’s personnel evolve themselves to upgrade skills and maintain technical viability to get the job done with expertise, motivation and creativity. Under his leadership the company evolved an innovative mining technology for Kotah Stone which is blessing to the entire industry.

ASI as Miner has immense reputation and National Recognition. ASI not simply adheres to normal rules of laws but also understands Ethics of Social Responsibilities. It gets honored for the policies it practices. Only able bodied adult human beings enter in ASI’s Mines and works. It is customary for ASI to run in this remote area Hospital, College and schools for now decades. Institutions keep opening more faculties and Hospital provides more facilities.

Products of company

ASI Group offers a wide range of stones that can be divided into following categories:

  • Kota Stone
  • Stone Cobbles
  • Sandstone
  • Slate Granite
  • Limestone Stone
  • Furniture Stone
  • Artifacts
  • Garden Accessories
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