What is CAGR? What does CAGR table indicate for Ashima Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Ashima Ltd Stock Analysis

Q: Is Ashima Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Ashima Ltd and arrived at the following conclusion.

Q: Is the current market price of Ashima Ltd a good price to buy it?

The 5-year analysis of Ashima Ltd's performance infers.

Small Cap

Evaluated by 252 users | BSE: 514286 | NSE: ASHIMASYN |
Textile

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis P

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Capital Employed	-1.81%	-4.42%	-5.51%	-5.21%	-2.15%	-6.47%	-1.45%	18.09%	7.04%	-1.79%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	259	245	268	268	271	213	193	230	336	285
Y-o-Y Gr. Rt.	-	-5.5%	9.4%	-0.1%	1.2%	-21.3%	-9.5%	19.2%	46%	-15%
Adjusted EPS (Rs.)	-1.22	-2.78	-3.25	-2.95	-2	-6.88	-0.68	1.91	1.08	-1.11
Y-o-Y Gr. Rt.	-	NA	NA	NA	NA	NA	NA	NA	-43.5%	-202.8%
Book Value per Share (Rs.)	-66.96	-69.9	-73.11	-76.07	-84.59	-47.2	4.19	12.48	24.38	15.75
Adjusted Net Profit	-5.2	-11.9	-14	-12.7	-8.6	-23	-8.7	24.5	10.1	-5.9
Net Op. Cash Flow (Rs. Cr.)	-2.1	-0.1	1.3	1.3	6.2	7	-12.4	-8.4	-25.5	3.9
Debt to Cash Flow from Ops	-226.04	-5,402.68	359.89	360.4	87.71	22.14	-6.31	-3.44	-1.12	6.45

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Ashima Ltd. ?

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.

Ashima Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	1.1%	1%	14%	-15%
Adjusted EPS	NA	NA	NA	-202.8%
Book Value per Share	0	0	55.5	-35.4
Share Price	19.7%	4.9%	-19.8%	243.5%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	2.43	5.33	5.88	5.06	3.27	18.41	-23.76	22.87	5.21	-2.64
Operating Profit Margin (%)	3.59	0.94	0.13	0.17	1.31	-3.31	-5.97	-4.77	-1.04	-1.32
Net Profit Margin (%)	-2.02	-4.87	-5.2	-4.73	-3.17	-10.77	-4.5	10.65	3	-2.08
Debt to Equity	-1.76	-1.68	-1.59	-1.53	-1.57	-1.14	1.45	0.18	0.13	0.3
Working Capital Days	99	111	109	119	171	206	132	165	160	177
Cash Conversion Cycle	65	80	73	69	62	60	47	46	39	49

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	73.49%
Institutions	0.32%
Non-Institutions	26.19%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

FAQs

1. Is Ashima Ltd a good quality company?

Data is not available for this company.

2. Is current market price of Ashima Ltd a good price to buy it?

The 5-year analysis of Ashima Ltd's performance infers:

Ashima Ltd earnings have grown by 0%, whereas share price has appreciated 4.9% 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.

3. What is Ashima Ltd share price return in the past 10 years ?

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

Ashima Ltd share price has appreciated 11.4% annually over the past ten years.

About Company

Ashima, an Ashima group company, was incorporated as a private company in 1982 in Gujarat and was subsequently converted into a public company on August 26, 1988. It is engaged in the business of textiles. The chairman and managing director of the company is Chintan N. Parikh. The other key executives of the company are AtulKumar Singh, Hiren Mahadevia and Shrikant Pareek. The registered office of ASHIMA is at Texcellence Complex, Khokhra Mehmedabad, Ahmedabad - 380 021.

Ashima engages in the manufacture and sale of textile and related products in India. It offers fabrics, denims, cotton yarns, and shirting products.ASHIMA manufactures product groups like denim, high value yarn dyed shirting and attires. The product range of the company includes open end and ring spun denim It offers 10.5 million meters per annum of denim fabrics in 100% cotton for jeans, shorts and jackets, casual shirts, and kids wear. Ashima also offers fully bleached white, piece-dyed and yarn-dyed shirtings; PFD; piece-dyed and yarn-dyed bottom weights; tubular, open-width and piece-dyed mercerized knitted fabrics etc.

Its plants are located at Mehsana and Ahmedabad in Gujarat. The installed capacities of Ashima are 174,647 spindles, 2,800 rotors, 1,872 looms, 17 million meters of cloth processing and 2,139.05 MT of yarn/fabric processing per annum. Ashima is the first textile company to adopt and get certified for integrated quality and environmental management system ISO 9001:2000 and ISO 14001:2004.

Ashima markets its products under the brand names Frank Jefferson and Icon. It exports its products to more than 45 countries. The company has two subsidiary companies, namely Ashim Cotton and Ashim Textiles Inc., USA.

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