Asahi India Glass Ltd
ASAHIINDIAAsahi India Glass Ltd
ASAHIINDIA
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 54.52 | 7.27 | 0.29% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.62 | 6.72 | 0.49% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Asahi India Glass Limited (AIS) is manufacturing glass in primary or semi-manufactured forms. The Company's segments include Automotive Glass and Float Glass.
Peers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,214.41 | 2,377.67 | 2,661.26 | 2,939.31 | 2,665.85 | 2,466.89 | 3,201.12 | 4,051.50 | 4,373.94 | 4,454.93 | ||||||||||
Raw Materials | 799.26 | 881.15 | 926.21 | 983.08 | 889.69 | 735.72 | 953.04 | 1,458.18 | 1,643.95 | 3,703.29 | ||||||||||
| Power & Fuel Cost | 260.69 | 262.92 | 329.46 | 458.18 | 399.24 | 306.33 | 466.43 | 614.69 | 636.58 | |||||||||||
| Employee Cost | 202.58 | 237.97 | 267.84 | 279.81 | 274.13 | 262.96 | 289.48 | 322.17 | 359.48 | |||||||||||
| Selling & Administrative Expenses | 165.68 | 156.78 | 0.63 | 0.68 | 0.70 | 0.60 | 0.76 | 0.86 | 1.13 | |||||||||||
| Operating & Other expenses | 390.60 | 392.80 | 649.95 | 683.44 | 648.28 | 681.00 | 700.05 | 828.01 | 977.50 | |||||||||||
EBITDA | 395.60 | 446.05 | 487.17 | 534.12 | 453.81 | 480.28 | 791.36 | 827.59 | 755.30 | 751.64 | ||||||||||
| Depreciation/Amortization | 109.62 | 79.17 | 94.77 | 118.52 | 137.06 | 132.27 | 159.69 | 159.65 | 176.84 | 187.45 | ||||||||||
| PBIT | 285.98 | 366.88 | 392.40 | 415.60 | 316.75 | 348.01 | 631.67 | 667.94 | 578.46 | 564.19 | ||||||||||
| Interest & Other Items | 143.92 | 144.20 | 123.74 | 135.21 | 146.06 | 143.15 | 120.96 | 104.61 | 135.89 | 130.62 | ||||||||||
| PBT | 142.06 | 222.68 | 268.66 | 280.39 | 170.69 | 204.86 | 510.71 | 563.33 | 442.57 | 433.57 | ||||||||||
| Taxes & Other Items | 55.11 | 73.12 | 91.28 | 90.21 | 16.97 | 71.79 | 165.93 | 198.45 | 114.59 | 122.82 | ||||||||||
| Net Income | 86.95 | 149.56 | 177.38 | 190.18 | 153.72 | 133.07 | 344.78 | 364.88 | 327.98 | 310.75 | ||||||||||
| EPS | 3.58 | 6.15 | 7.30 | 7.82 | 6.32 | 5.47 | 14.18 | 15.01 | 13.49 | 12.78 | ||||||||||
| DPS | 0.60 | 1.00 | 1.50 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | ||||||||||
| Payout ratio | 0.17 | 0.16 | 0.21 | 0.13 | 0.16 | 0.18 | 0.14 | 0.13 | 0.15 | 0.16 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Asahi India Glass Ltd | 51.66 | 7.27 | 0.29% |
| Samvardhana Motherson International Ltd | 45.61 | 4.39 | 0.44% |
| Bosch Ltd | 41.58 | 8.59 | 1.07% |
| Schaeffler India Ltd | 60.56 | 11.33 | 0.75% |
Price Comparison
Compare ASAHIINDIA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Asahi India Glass Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1699% | Percentage of the fund’s portfolio invested in the stock 0.33% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 99/238 (-16) |
Mahindra Manulife Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1786% | Percentage of the fund’s portfolio invested in the stock 0.56% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 42/91 (-1) |
Mahindra Manulife Business Cycle Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0843% | Percentage of the fund’s portfolio invested in the stock 1.22% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 20/76 (+4) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
ASAHIINDIA has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.28%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.81 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 28, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Aug 28, 2024
Cash Dividend
Ex DateEx DateSep 11, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Sep 11, 2023
Cash Dividend
Ex DateEx DateSep 7, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 7, 2022
Cash Dividend
Ex DateEx DateSep 21, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Sep 21, 2021
Cash Dividend
Ex DateEx DateMar 19, 2020
Dividend/Share
₹1.00
Ex DateEx Date
Mar 19, 2020
Net profit of Asahi India Glass rose 9.90% to Rs 95.48 crore in the quarter ended September 2024 as against Rs 86.88 crore during the previous quarter ended September 2023. Sales rose 3.29% to Rs 1153.50 crore in the quarter ended September 2024 as against Rs 1116.76 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1153.501116.76 3 OPM %18.4216.62 - PBDT188.47159.50 18 PBT140.91116.55 21 NP95.4886.88 10 Powered by Capital Market - Live
Asahi India Glass will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
Minda Corporation Ltd, Mahindra & Mahindra Financial Services Ltd, IIFL Finance Ltd, Garden Reach Shipbuilders & Engineers Ltd are among the other stocks to see a surge in volumes on NSE today, 20 September 2024.Asahi India Glass Ltd clocked volume of 43.26 lakh shares by 14:14 IST on NSE, a 20.54 times surge over two-week average daily volume of 2.11 lakh shares. The stock gained 8.84% to Rs.771.10. Volumes stood at 6.34 lakh shares in the last session.Minda Corporation Ltd witnessed volume of 85.49 lakh shares by 14:14 IST on NSE, a 13.05 times surge over two-week average daily volume of 6.55 lakh shares. The stock increased 7.44% to Rs.558.85. Volumes stood at 8.94 lakh shares in the last session.Mahindra & Mahindra Financial Services Ltd recorded volume of 139.69 lakh shares by 14:14 IST on NSE, a 7.66 times surge over two-week average daily volume of 18.24 lakh shares. The stock lost 0.74% to Rs.321.25. Volumes stood at 17.75 lakh shares in the last session.IIFL Finance Ltd witnessed volume of 402.74 lakh shares by 14:14 IST on NSE, a 7.59 times surge over two-week average daily volume of 53.09 lakh shares. The stock increased 8.39% to Rs.537.55. Volumes stood at 121.88 lakh shares in the last session.Garden Reach Shipbuilders & Engineers Ltd registered volume of 38.24 lakh shares by 14:14 IST on NSE, a 5.33 fold spurt over two-week average daily volume of 7.17 lakh shares. The stock rose 9.67% to Rs.1,865.45. Volumes stood at 21.51 lakh shares in the last session.Powered by Capital Market - Live
Asahi India Glass announced that Rahul Rana (DIN: 00476406), has completed his second term of five years as an Independent Director and consequently ceased to be a Director of the Company w.e.f. the closure of business hours on 5 August 2024. Powered by Capital Market - Live
Board of Asahi India Glass approves change in directorate
The board of Asahi India Glass at its meeting held on 31 July 2024 has approved the appointment of Kamaljit Kalkat (DIN: 1072371 1) as an Additional Director in the capacity of Independent Director on the Board of Directors of the Company for a period of _five consecutive years w.e.f. 6 August 2024. The board also noted the completion of tenure of Rahul Rana (DIN: 00476406), Independent Director of the Company w.e.f. the closure of business hours on 5 August 2024. Powered by Capital Market - Live
Asahi India Glass consolidated net profit declines 24.88% in the June 2024 quarter
Net profit of Asahi India Glass declined 24.88% to Rs 77.99 crore in the quarter ended June 2024 as against Rs 103.82 crore during the previous quarter ended June 2023. Sales rose 4.32% to Rs 1125.12 crore in the quarter ended June 2024 as against Rs 1078.50 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1125.121078.50 4 OPM %16.1219.36 - PBDT153.86181.22 -15 PBT107.15140.51 -24 NP77.99103.82 -25 Powered by Capital Market - Live
Stock Alert: GAIL, Tata Consumer Products, Torrent Power, Macrotech Developers, Indus Towers, Zaggle Prepaid
Asahi India Glass will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.27%, vs industry avg of 8.46%
Increasing Market Share
Over the last 5 years, market share increased from 1.34% to 1.35%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 11.52%, vs industry avg of 10.9%