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Asahi Industries Ltd Stock Analysis

Small Cap
Evaluated by 30 users | BSE: 514482 | NSE: |
Textile - Spinning
Asahi Fibres, incorporated as a public limited company on August 2, 1993, is engaged in the manufacture of yarn and fabrics.AFL is promoted by the directors of Akay Filtips, leading manufacturers of cigarette filters.  The main directors of the company are A K Shah and Amit A Shah. Amit A...

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 0.95%0.74%1.37%1.31%1.34%0.65%1.14%-7.01%-9.66%-14.08%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 8712417020825952927927712519.6
Y-o-Y Gr. Rt.-43%36.2%23%24.4%103.9%-47.3%-0.5%-55%-84.3%
Adjusted EPS (Rs.) 0.190.160.280.130.140.030.1-1.67-1.56-1.24
Y-o-Y Gr. Rt.--15.8%75%-53.6%7.7%-78.6%233.3%-1770%NANA
Book Value per Share (Rs.) 1.011.161.451.571.711.741.840.17-1.2-2.43
Adjusted Net Profit 1.211.90.80.90.20.6-11.1-10.4-8.2
Net Op. Cash Flow (Rs. Cr.) 8.78.721.7-0.6-0.5-6.32.483.5-1.3
Debt to Cash Flow from Ops 14.5215.6669.9780.65-210.92-247.85-21.256.180.83-55.03
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.
Asahi Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -15.3%-40.4%-58.7%-84.3%
Adjusted EPS -223.2%-254.7%-331.5%NA
Book Value per Share -210.3-207.3-209.70
Share Price -22.4% -0.6% 5% 8.3%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 20.3314.2921.728.438.631.685.33-165.94304.0868.12
Operating Profit Margin (%) 13.8110.49.517.435.762.514.60.110.21-0.69
Net Profit Margin (%) 1.420.831.110.410.360.040.23-4-8.3-41.94
Debt to Equity 18.9817.6114.2312.9211.8911.611117.23-8.73-4.29
Working Capital Days 415866767947115130186569
Cash Conversion Cycle 233028323625504387537
Entity Percentage Holding
Promoters 48.50%
Institutions 0.01%
Non-Institutions 51.49%
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 Asahi Industries Ltd's performance infers:

Asahi Industries Ltd earnings have declined by -254.7%, whereas share price has depreciated -0.6% 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 Asahi Industries Ltd share prices over the last 10 years. Here is what we found out:

Asahi Industries Ltd share price has depreciated -21.6% annually over the past ten years.

Asahi Fibres, incorporated as a public limited company on August 2, 1993, is engaged in the manufacture of yarn and fabrics.

AFL is promoted by the directors of Akay Filtips, leading manufacturers of cigarette filters.  The main directors of the company are A K Shah and Amit A Shah. Amit A Shah, an MBA from the US is looking after the affairs of the company. AFL is co-promoted by MTM Trading (MTM), a company incorporated in Singapore.

Asahi Fibres reported unaudited earnings results

Asahi Fibres, incorporated as a public limited company on August 2, 1993, is engaged in the manufacture of yarn and fabrics.

AFL is promoted by the directors of Akay Filtips, leading manufacturers of cigarette filters.  The main directors of the company are A K Shah and Amit A Shah. Amit A Shah, an MBA from the US is looking after the affairs of the company. AFL is co-promoted by MTM Trading (MTM), a company incorporated in Singapore.

Asahi Fibres reported unaudited earnings results for the third quarter and nine months ended December 31, 2009. For the quarter, net income from sales/services was Rs 209.455 million or Rs 0.01 basic earnings per share compared to net income from sales/services Rs 75.535 million or Rs 0.01 basic earnings per share for the same period last year. Profit before tax was Rs 1.043 million against Rs 1.077 million of previous year period. For the nine months ended December 31, 2009, net income from sales/services was Rs 659.639 million or Rs 0.18 basic earnings per share compared to net income from sales/services Rs 202.315 million or Rs 0.08 basic earnings per share for the same period last year. Profit before tax was Rs 14.586 million against Rs 6.181 million of previous year period.

Business areas of the company:

The company manufactures cotton and viscose yarn at its manufacturing facilities located in the Valsad district of Gujarat with installed capacities of 864 rotors and 25 knitting machines. The company has implemented the rehabilitation scheme sanctioned by the Board for Industrial and Financial Reconstruction (BIFR) via order dated May 3, 2006. It has since increased sales and shown improved performance.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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