ASI Industries Ltd Stock Analysis

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

BSE Share Price Jan 21, 18:01
19.00 -0.90 (-4.52%)

DeciZen - Make an Informed Decision on ASI Industries

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

1. Quality

2. Valuation

Fair
P/E P/S EV/EBITDA

3. Price Trend

FAQ's

1. Is ASI Industries Ltd a good quality company?

Data is not available for this 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 Semi Strong 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.

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 6.2%8%6.2%8.6%6.7%7%5.7%6.3%0.5%2.9%-
Value Creation Index -0.6-0.4-0.6-0.4-0.5-0.5-0.6-0.6-1.0-0.8-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 170175131209172235239181143173196
YoY Gr. Rt. %-3.1%-25.2%59.7%-17.6%36.7%1.7%-24.3%-20.7%20.7%-
Adj EPS 1.11.61.21.91.421.82.3-0.41.20.5
YoY Gr. Rt. %-38.4%-23.2%58.8%-25.9%42.9%-12%29.6%-116.7%NA-
BVPS (₹) 8.19.510.612.514.216.718.119.924.124.624.4
Adj Net Profit 9.312.99.915.711.616.614.618.9-3.211.24
Cash Flow from Ops. 13.819.32.646-20.820.516.316.522.824.4-
Debt/CF from Ops. 4.73.116.62-56.27.39.610.410.2-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 0.2%0.1%-10.2%20.7%
Adj EPS 1.1%-2.4%-11%NA
BVPS 13.111.510.71.9
Share Price 16.5% -7% 9.6% 20.6%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 67.95.78.55.87.76.37.7-1.23.81.9
Op. Profit Mgn % 14.818.620.317.718.212.511.9183.214.714.9
Net Profit Mgn % 5.57.47.67.56.776.110.4-2.26.52.1
Debt to Equity 10.80.50.90.90.90.811.21.10.3
Working Cap Days 193195225236378259265377405252345
Cash Conv. Cycle 10496138941171181462022371860

Recent Performance Summary

Sales growth is good in last 4 quarters at 45.37%

Return on Equity has declined versus last 3 years average to 1.90%

Sales growth has been subdued in last 3 years -10.21%

Net Profit has been subdued in last 3 years -11.02%

Debt to equity has increased versus last 3 years average to 1.12

Latest Financials - ASI Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 0.5
TTM Sales (₹ Cr.) 196 245
BVPS (₹.) 24.4 29.2
Reserves (₹ Cr.) 211 254
P/BV 0.78 0.65
PE 41.59 36.33
From the Market
52 Week Low / High (₹) 13.00 / 36.50
All Time Low / High (₹) 0.48 / 49.25
Market Cap (₹ Cr.) 171
Equity (₹ Cr.) 9
Face Value (₹) 1
Industry PE 41.7

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

Analyst's Notes

News

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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