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ASI Industries Ltd. Stock Analysis

Small Cap
Evaluated by 363 users | BSE: 502015 | NSE: ASOCSTONE |
Ceramics/Marble/Granite/Sanitaryware
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...

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 7.42%6.15%8.01%6.22%8.55%6.72%6.95%5.71%6.26%0.51%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 172170175131209172235239181143
Y-o-Y Gr. Rt.--1.2%3.1%-25.2%59.7%-17.6%36.7%1.7%-24.3%-20.7%
Adjusted EPS (Rs.) 1.381.121.551.191.891.421.762.28-0.37
Y-o-Y Gr. Rt.--18.8%38.4%-23.2%58.8%-25.9%42.9%-12%29.6%-116.2%
Book Value per Share (Rs.) 7.158.119.4510.5512.4614.2316.7218.0919.9324.11
Adjusted Net Profit 11.49.312.99.915.711.616.614.618.9-3.1
Net Op. Cash Flow (Rs. Cr.) 12.513.819.32.646-20.820.516.316.522.8
Debt to Cash Flow from Ops 5.334.653.116.571.96-56.217.319.5810.39
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
ASI Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -2%-7.2%-15.2%-20.7%
Adjusted EPS -186.4%-172.2%-157%-116.2%
Book Value per Share 14.514.11321
Share Price 12% -1.3% -33.9% 40.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 7.886.037.885.728.535.837.676.287.7-1.15
Operating Profit Margin (%) 15.9914.818.6220.2717.6618.2412.4811.9318.023.16
Net Profit Margin (%) 6.655.477.367.567.516.727.046.0810.42-2.16
Debt to Equity 1.130.960.760.490.880.880.920.80.951.18
Working Capital Days 201193195225236378259265377405
Cash Conversion Cycle 951049613894117118146202237
Entity Percentage Holding
Promoters 72.51%
Non-Institutions 27.49%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of ASI Industries Ltd.'s performance infers:

ASI Industries Ltd. earnings have declined by -172.2%, whereas share price has depreciated -1.3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of ASI Industries Ltd. share prices over the last 10 years. Here is what we found out:

ASI Industries Ltd. share price has depreciated 6.7% annually over the past ten years.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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