---
title: "Sunrise Asian Ltd (506615) — Share Price, Financials & Analysis"
symbol: "506615"
company: "Sunrise Asian Ltd"
canonical: "https://tapetide.com/stocks/506615"
isin: "INE917D01011"
bse_code: "506615"
generated_at: "2026-10-13T11:02:26.743Z"
---

# Sunrise Asian Ltd (506615)

Canonical page: https://tapetide.com/stocks/506615

## Company

- **BSE Code:** 506615
- **ISIN:** INE917D01011
- **Stock Type:** EQUITY
- **Listed Since:** 2011-08-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sunriseasian.in.

## About

Sunrise Asian is in the business of manufacturing textiles and garments.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.13 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.99% over last 3 years.
- Company has high debtors of 237 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -415% | 359% | 118% |
| revenue growth | -29% | 665% | 298% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 25.45 | 28.29 | 38.28 | 42.53 | 39.55 | 49.86 | 29.01 | 32.38 | 33.95 | 51.82 | 10.9 | 10.13 |
| Expenses | 25.17 | 28.05 | 37.89 | 42.09 | 39.01 | 49.73 | 28.71 | 32.37 | 34.63 | 53.37 | 10.98 | 10.2 |
| Operating Profit | 0.28 | 0.24 | 0.39 | 0.44 | 0.54 | 0.13 | 0.3 | 0.01 | -0.68 | -1.55 | -0.08 | -0.07 |
| OPM % | 1.1 | 0.85 | 1.02 | 1.03 | 1.37 | 0.26 | 1.03 | 0.03 | -2 | -2.99 | -0.73 | -0.69 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.86 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.26 | 0.23 | 0.38 | 0.42 | 0.52 | 0.13 | 0.3 | 0.01 | -0.68 | -0.69 | -0.08 | -0.07 |
| Tax % | 0 | 147.83 | 31.58 | 33.33 | 38.46 | 30.77 | 33.33 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.26 | -0.11 | 0.26 | 0.28 | 0.32 | 0.09 | 0.2 | 0.01 | -0.68 | -0.69 | -0.08 | -0.07 |
| EPS in Rs | 0.06 | -0.02 | 0.06 | 0.06 | 0.07 | 0.02 | 0.04 | 0 | -0.15 | -0.15 | -0.02 | -0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 1 | 0 | 74 | 113 | 170 | 107 |
| Expenses | 0 | 0 | 1 | 0 | 73 | 112 | 169 | 109 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -2 |
| OPM % | — | -12 | -19 | -2.6 | 0.6 | 0.9 | 0.7 | -2.2 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -2 |
| Tax % | 0 | 0 | 38 | 0 | 32 | 33 | 34 | — |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -2 |
| EPS in Rs | — | — | — | — | — | 0.15 | 0.21 | -0.34 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 46 | 46 |
| Reserves | -6 | -4 | -4 | -4 | 74 | 33 | 34 |
| Borrowings | 2 | 0 | 0 | 0 | 5 | 6 | 4 |
| Other Liabilities | 1 | 1 | 1 | 1 | 54 | 82 | 114 |
| Total Liabilities | 2 | 0 | 1 | 1 | 137 | 166 | 197 |
| Fixed Assets | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 7 | 7 | 20 |
| Other Assets | 1 | 0 | 1 | 1 | 130 | 159 | 178 |
| Total Assets | 2 | 0 | 1 | 1 | 137 | 166 | 197 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0 | 0 | 1 | 0 | 15 |
| Cash from Investing Activity | 0 | 2 | 0 | 0 | 0 | 0 | -13 |
| Cash from Financing Activity | 0 | -2 | 0 | 0 | -2 | 0 | -2 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 1 | 0 | 0 | 1 | 0 | 15 |
| CFO/OP | 0 | -2350 | 108 | 100 | 326 | -11 | 1296 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | 249 | — | 273 | 274 | 237 |
| Inventory Days | — | — | 0 | — | 33 | 22 | 0 |
| Days Payable | — | — | — | — | 254 | 255 | — |
| Cash Conversion Cycle | — | — | 249 | — | 52 | 40 | 237 |
| Working Capital Days | — | — | -104 | — | 51 | 43 | -3 |
| ROCE % | — | -10 | — | — | 1 | 1 | 2 |

## Shareholding Pattern

### annual

| Category | Jun 2016 |
| --- | --- |
| Promoters | 18.5% |
| DIIs | 11.26% |
| Public | 70.24% |
| No. of Shareholders | 2228 |

### Quarterly

| Category | Jun 2016 |
| --- | --- |
| Promoters | 18.5% |
| DIIs | 11.26% |
| Public | 70.24% |
| No. of Shareholders | 2228 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 56.22 | Sell |
| EMA (10) | 55.77 | Sell |
| SMA (20) | 59.16 | Sell |
| EMA (20) | 57.26 | Sell |
| SMA (50) | 57.19 | Sell |
| EMA (50) | 56.99 | Sell |
| SMA (100) | 54.94 | Sell |
| EMA (100) | 56.05 | Sell |
| SMA (200) | 56.78 | Sell |
| EMA (200) | 56.29 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.09 | Neutral |
| MACD (12,26,9) | -1.23 | Sell |
| Stochastic (14,3,3) | 9.72 | Buy |
| ADX (14) | 18.6 | Neutral |
| Williams %R (14) | -84.28 | Buy |
| ATR (14) | 2.59 | High Volatility |
| ROC (12) | -12.72 | Sell |
| Stoch RSI (14) | 20.38 | Neutral |
| UO (7,14,28) | 32.54 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-01-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec36af94-67f2-4e13-8b51-0eff6ec2e66c.pdf) |
| 2025-12-31 | [Board Meeting Outcome for Revised Outcome Of Board Meeting - Changes In Key Managerial Personnel](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d86ef53f-be53-45e6-952e-b2a067e16a7a.pdf) |
| 2025-12-30 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ff4c400-ee84-4259-a509-ec9bb3e5470b.pdf) |
| 2025-12-30 | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/400f052a-8522-45f4-8f9b-043714e35c17.pdf) |
| 2025-12-30 | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Revocation Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45607a59-fbfd-43c0-9919-027d531b9ec8.pdf) |
| 2016-11-08 | [Standalone Financial Results, Limited Review Report for September 30, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A26F56A4_9E12_4D69_B0A1_3B85126BA24E_123413.pdf) |
| 2016-11-08 | [Standalone Financial Results, Limited Review Report for September 30, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/11/A26F56A4_9E12_4D69_B0A1_3B85126BA24E_123413.pdf) |
| 2016-11-05 | [Standalone Financial Results for June 30, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=EDF3FF8F_3F32_49C4_BB5E_FF6C5F67C650_121524.pdf) |
| 2016-11-05 | [Standalone Financial Results for June 30, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/11/EDF3FF8F_3F32_49C4_BB5E_FF6C5F67C650_121524.pdf) |
| 2016-10-25 | [Board to consider Interim Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E6B0791D_098C_469B_A1A1_BA2D20773B0B_080122.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb9ac349-0696-4cf2-b6be-c1ec24fd7247.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82649133-601b-470d-96f2-dc6c1b237fa4.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/506615/5066150315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/506615/5066150314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/506615/5066150313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/506615/5066150312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/506615/5066150311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/506615/5066150310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:02:26.743Z.