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Ashnisha Industries Ltd

ASHNI

Ashnisha Industries Ltd

ASHNI
MaterialsIron & Steel
SmallcapWith a market cap of ₹45 cr, stock is ranked 3,643
Moderate RiskStock is 2.69x as volatile as Nifty
4.401.79% (-0.08)
4.401.79% (-0.08)

Price Chart

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Returns
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1D
1W
1M
1Y
5Y
Max
SIP
MaterialsIron & Steel
SmallcapWith a market cap of ₹45 cr, stock is ranked 3,643
Moderate RiskStock is 2.69x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹45 cr, stock is ranked 3,643
Moderate RiskStock is 2.69x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
97.130.59
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
30.033.411.36%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Ashnisha Industries Ltd is in manufacturing and trading of Steel and Steel alloys. The Company was founded in July 2009 and is located in Ahmedabad, India.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -27.62%, vs industry avg of 9.86%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.01% to 0%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -25.1%, vs industry avg of 4.95%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue11.8374.8527.2010.8011.2821.3814.8712.13
Raw Materialssubtract11.7957.2919.585.427.3018.5311.4510.61
Power & Fuel Costsubtract0.000.000.000.000.000.000.00
Employee Costsubtract0.000.150.180.080.180.170.34
Selling & Administrative Expensessubtract0.010.080.090.090.140.260.85
Operating & Other expensessubtract0.688.298.384.131.450.980.28
Depreciation/Amortizationsubtract0.014.103.661.700.980.300.520.63
Interest & Other Itemssubtract0.000.690.240.100.010.010.00
Taxes & Other Itemssubtract0.000.22-0.41-0.020.810.240.480.42
EPS-0.000.02-0.15-0.020.010.040.100.05
DPS0.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Ashnisha Industries Ltd48.050.59
JSW Steel Ltd26.212.890.96%
Tata Steel Ltd-40.641.952.49%
Jindal Steel And Power Ltd15.872.110.21%

Price Comparison

Compare ASHNI with any stock or ETF
Compare ASHNI with any stock or ETF
ASHNI
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding17.35%0.00%0.00%0.00%82.64%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

AugSepDec '23MarJunSep0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ASHNI has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Corporate
Ashnisha Industries to announce Quarterly Result

Ashnisha Industries will hold a meeting of the Board of Directors of the Company on 13 December 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Ashnisha Industries consolidated net profit declines 95.83% in the September 2024 quarter

Net profit of Ashnisha Industries declined 95.83% to Rs 0.01 crore in the quarter ended September 2024 as against Rs 0.24 crore during the previous quarter ended September 2023. Sales declined 66.50% to Rs 0.69 crore in the quarter ended September 2024 as against Rs 2.06 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales0.692.06 -67 OPM %-17.39-5.34 - PBDT0.150.38 -61 PBT0.020.31 -94 NP0.010.24 -96 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Ashnisha Industries announces board meeting date

Ashnisha Industries will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Ashnisha Industries to hold AGM

Ashnisha Industries announced that the 15th Annual General Meeting (AGM) of the company will be held on 13 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Ashnisha Industries consolidated net profit declines 83.87% in the June 2024 quarter

Net profit of Ashnisha Industries declined 83.87% to Rs 0.05 crore in the quarter ended June 2024 as against Rs 0.31 crore during the previous quarter ended June 2023. Sales declined 83.53% to Rs 0.42 crore in the quarter ended June 2024 as against Rs 2.55 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales0.422.55 -84 OPM %-214.2910.59 - PBDT0.180.39 -54 PBT0.050.31 -84 NP0.050.31 -84 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Ashnisha Industries to hold board meeting

Ashnisha Industries will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Ashnisha Industries consolidated net profit declines 71.43% in the December 2022 quarter

1 year agoBusiness Standard

2 multibagger penny stocks to watch next week for stock split

2 years agoLivemint

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2 years agoThe Hindu Businessline