Asi Industries
ASIINDUSTRIESLTD NSE
Asi Industries
Metals & MiningNSE: ASIINDUSTRIESLTD BSE: 502015 Industrial Minerals
Key Fundamentals
MicrocapIndustrial MineralsMetals & MiningMarket Cap
₹221 Cr
Volatility
Moderate
P/E Ratio
8.9
EBITDA
₹-8.70 Cr
Return on Equity
-19.14%
Debt to Equity
0.11
Book Value
₹31.82
EPS
₹0
52W High
₹34.5
52W Low
₹19
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.62 times its book value
Weaknesses
4- The company has delivered a poor sales growth of -2.90% over past five years.
- Company has a low return on equity of 6.65% over last 3 years.
- Earnings include an other income of Rs.19.3 Cr.
- Dividend payout has been low at 14.2% of profits over last 3 years
Growth Rate
Revenue Growth
5.59% higher than
3Y
Net Income Growth
-570% lower than
3Y
Cash Flow Change
101% higher than
3Y
ROE
-665% lower than
3Y
ROCE
-396% lower than
3Y
EBITDA Margin (Avg.)
-120% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 35.55 | 17.89 | 45.73 | 45.52 | 34.4 | 23.31 | 49.24 | 47.81 | 29.49 | 20.56 | 50.7 | 48.66 | 39.53 |
| Expenses | 30.5 | 21.62 | 33.6 | 39.08 | 30.94 | 25.11 | 34.64 | 39.73 | 26.39 | 22.43 | 37.16 | 43.22 | 34.19 |
| Operating Profit | 5.05 | -3.73 | 12.13 | 6.44 | 3.46 | -1.8 | 14.6 | 8.08 | 3.1 | -1.87 | 13.54 | 5.44 | 5.34 |
| OPM % | 14.21% | -20.85% | 26.53% | 14.15% | 10.06% | -7.72% | 29.65% | 16.9% | 10.51% | -9.1% | 26.71% | 11.18% | 13.51% |
| Other Income | 2.28 | 3.95 | 4.04 | 11.96 | 3.64 | 4.2 | 5.22 | 6.28 | 4.71 | 4.38 | 5.5 | 4.94 | 4.47 |
| Interest | 0.5 | 0.61 | 0.53 | 0.59 | 0.42 | 0.37 | 0.4 | 0.54 | 0.66 | 0.45 | 0.49 | 0.68 | 0.34 |
| Depreciation | 1.32 | 1.19 | 1.36 | 1.15 | 1.15 | 1.14 | 1.24 | 1.2 | 1.13 | 1.12 | 1.18 | 0.84 | 1.11 |
| PBT | 5.51 | -1.58 | 14.28 | 16.66 | 5.53 | 0.89 | 18.18 | 12.62 | 6.02 | 0.94 | 17.37 | 8.86 | 8.36 |
| Tax % | 23.23% | 3.8% | 29.55% | 25.09% | 29.66% | 42.7% | 33.06% | 29.56% | 32.89% | 13.83% | 29.25% | 37.47% | 22.85% |
| Net Profit | 4.23 | -1.64 | 10.06 | 12.47 | 3.88 | 0.5 | 12.18 | 8.89 | 4.04 | 0.81 | 12.3 | 5.54 | 6.45 |
| EPS in Rs | 0.47 | -0.18 | 1.12 | 1.38 | 0.43 | 0.06 | 1.35 | 0.99 | 0.45 | 0.09 | 1.37 | 0.62 | 0.72 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 209 | 172 | 235 | 239 | 181 | 143 | 173 | 202 | 138 | 145 | 155 | 149 | 159 |
| Expenses | 172 | 141 | 206 | 211 | 148 | 139 | 148 | 191 | 113 | 125 | 130 | 129 | 137 |
| Operating Profit | 37 | 31 | 29 | 29 | 33 | 5 | 25 | 11 | 24 | 20 | 24 | 20 | 22 |
| OPM % | 18% | 18% | 12% | 12% | 18% | 3.2% | 15% | 5% | 18% | 14% | 16% | 14% | 14% |
| Other Income | 9 | 9 | 11 | 7 | 7 | 5 | 3 | 1 | 9 | 22 | 19 | 20 | 19 |
| Interest | 8 | 12 | 9 | 8 | 7 | 8 | 6 | 12 | 3 | 2 | 2 | 2 | 2 |
| Depreciation | 6 | 5 | 5 | 6 | 6 | 6 | 7 | 22 | 5 | 5 | 5 | 4 | 4 |
| PBT | 31 | 23 | 26 | 22 | 27 | -5 | 16 | -22 | 25 | 35 | 37 | 33 | 36 |
| Tax % | 41% | 38% | 29% | 33% | 29% | -33% | 30% | -34% | 30% | 28% | 32% | 32% | — |
| Net Profit | 18 | 14 | 18 | 14 | 19 | -3 | 11 | -15 | 17 | 25 | 25 | 23 | 25 |
| EPS in Rs | 2.22 | 1.73 | 2.18 | 1.75 | 2.3 | -0.37 | 1.22 | -1.62 | 1.92 | 2.79 | 2.83 | 2.52 | 2.8 |
| Div. Payout % | 11% | 14% | 14% | 17% | 13% | 0% | 0% | 0% | 10% | 13% | 14% | 16% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 185 | 199 | 218 | 229 | 244 | 278 | 298 | 281 | 298 | 313 | 344 | 353 |
| Borrowings | 90 | 104 | 127 | 119 | 158 | 236 | 248 | 64 | 29 | 29 | 31 | 41 |
| Other Liabilities | 92 | 46 | 36 | 25 | 22 | 34 | 49 | 23 | 26 | 19 | 22 | 24 |
| Total Liabilities | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 | 427 |
| Fixed Assets | 160 | 160 | 162 | 172 | 170 | 186 | 392 | 174 | 167 | 165 | 162 | 158 |
| CWIP | 0 | 2 | 0 | 0 | 12 | 193 | 6 | 0 | 1 | 3 | 3 | 13 |
| Investments | 2 | 28 | 38 | 36 | 35 | 55 | 70 | 86 | 60 | 85 | 101 | 110 |
| Other Assets | 212 | 165 | 189 | 173 | 215 | 124 | 136 | 117 | 134 | 116 | 140 | 147 |
| Total Assets | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 | 427 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 46 | -21 | 21 | 16 | 16 | 23 | 24 | 56 | 20 | 34 | -3 | 16 |
| Investing | -55 | -11 | -7 | 1 | -44 | -91 | -26 | 137 | 19 | -32 | 4 | -19 |
| Financing | 14 | 36 | -13 | -19 | 28 | 67 | 6 | -195 | -37 | -4 | -3 | 4 |
| Net Cash Flow | 4 | 4 | 1 | -2 | 0 | -1 | 4 | -2 | 2 | -2 | -2 | 1 |
| Free Cash Flow | 45 | -28 | 19 | -1 | -52 | -103 | -3 | 255 | 18 | 30 | -2 | 2 |
| CFO/OP | 141 | -28 | 98 | 87 | 74 | 593 | 116 | 575 | 109 | 209 | 28 | 116 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 204 | 162 | 144 | 120 | 170 | 172 | 167 | 106 | 168 | 119 | 112 | 125 |
| Inventory Days | 50 | 74 | 41 | 69 | 175 | 155 | 168 | 114 | — | — | — | — |
| Days Payable | 265 | 185 | 31 | 2 | 6 | 26 | 55 | 27 | — | — | — | — |
| Cash Conversion Cycle | -11 | 50 | 154 | 187 | 339 | 300 | 281 | 193 | 168 | 119 | 112 | 125 |
| Working Capital Days | 89 | 56 | 59 | 60 | 50 | -172 | -121 | 96 | 171 | 135 | 157 | 196 |
| ROCE % | 15% | 11% | 10% | 8% | 9% | 1% | 4% | -1% | 9% | 10% | 10% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Asi Industries insights
50 extracted metrics + investor summaries across FY15–FY26.
Documents
1
Board Meeting Intimation for Approval Of Audited Financials Results For The Quarter And Year Ended 31St March, 2026 And Recommendation Of Dividend , If Any
14h - Board meets 18 May 2026 to approve FY26 audited results and consider dividend; trading window closed from 1 April. 14h - Board meets 18 May 2026 to approve FY26 audited results and consider dividend; trading window closed from 1 April.
2
Corporate Action-Board to consider Dividend
14h - Board meets on 18 May 2026 to approve FY26 audited results and consider dividend; trading window closed from 1 April. 14h - Board meets on 18 May 2026 to approve FY26 audited results and consider dividend; trading window closed from 1 April.
3
Company Update
18 Apr - ASI Industries sold all 75,000 Lloyds Metals shares on 17 April 2026; holding now nil. 18 Apr - ASI Industries sold all 75,000 Lloyds Metals shares on 17 April 2026; holding now nil.
4
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
17 Apr - ASI Industries confirms it is not a Large Corporate as of 31 March 2026. 17 Apr - ASI Industries confirms it is not a Large Corporate as of 31 March 2026.
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Submitted Regulation 74(5) certificate for quarter ended March 2026. 4 Apr - Submitted Regulation 74(5) certificate for quarter ended March 2026.
Frequently Asked Questions about Asi Industries
What does Asi Industries Ltd do?
Incorporated in 1945, ASI Industries
Ltd does mining and processing of
natural stones[1]
Where is Asi Industries Ltd (502015) listed?
Asi Industries Ltd trades as ASIINDUSTRIESLTD on the NSE and under code 502015 on the BSE.
Which sector does Asi Industries Ltd belong to?
Asi Industries Ltd is classified under the Metals & Mining sector, in the Industrial Minerals industry.
What is the market capitalisation of Asi Industries Ltd?
Asi Industries Ltd has a market capitalisation of ₹220.69 Cr, which places it in the Small Cap band.
What is the PE ratio of Asi Industries Ltd?
Asi Industries Ltd trades at a PE ratio of 8.90, on earnings per share of ₹0, against a book value of ₹31.82 per share.
What is the 52-week high and low of Asi Industries Ltd?
Over the last 52 weeks Asi Industries Ltd has traded between ₹19 and ₹34.5.
Does Asi Industries Ltd pay dividends?
Asi Industries Ltd has a dividend yield of 1.61%.
What is the Return on Equity (ROE) of Asi Industries Ltd?
Asi Industries Ltd reported a return on equity of -19.14%. Its debt-to-equity ratio is 0.11.
Company Information
Incorporated in 1945, ASI Industries Ltd does mining and processing of natural stones[1]
Website asigroup.co.in
Face Value ₹ 1
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