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Ashnisha Industries Ltd
ASHNISHAINDUSTRIESLTD NSE
Ashnisha Industries Ltd
Commercial ServicesNSE: ASHNISHAINDUSTRIESLTD BSE: ASHNI Trading & Distributors
Key Fundamentals
MicrocapTrading & DistributorsCommercial ServicesMarket Cap
₹74.00 Cr
Volatility
Moderate
P/E Ratio
276
EBITDA
₹-1.69 Cr
Return on Equity
0.22%
Debt to Equity
0.05
Book Value
₹4.14
EPS
₹0.07
52W High
₹5.36
52W Low
₹2.57
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Ashnisha Industries Ltd insights
36 extracted metrics + investor summaries across FY16–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.69 times its book value
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.81% over past five years.
- Promoter holding is low: 6.61%
- Company has a low return on equity of 0.68% over last 3 years.
- Company has high debtors of 457 days.
- Promoter holding has decreased over last 3 years: -20.5%
Growth Rate
Revenue Growth
21.23% ↗
Net Income Growth
40.00% ↗
Cash Flow Change
-530.74% ↘
ROE
-82.26% ↘
ROCE
-12.43% ↗
EBITDA Margin (Avg.)
-165.51% ↘
Quarterly Results
| 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 | 2.55 | 2.06 | 1.06 | 6.8 | 0.42 | 0.69 | 2.69 | 1.04 | 0.35 | 4.49 | 2.59 | 5.51 | 1.33 |
| Expenses | 2.28 | 2.17 | 0.88 | 7.59 | 1.32 | 0.81 | 2.74 | 3.96 | 0.6 | 4.66 | 2.71 | 6.58 | 1.39 |
| Operating Profit | 0.27 | -0.11 | 0.18 | -0.79 | -0.9 | -0.12 | -0.05 | -2.92 | -0.25 | -0.17 | -0.12 | -1.07 | -0.06 |
| OPM % | 10.59% | -5.34% | 16.98% | -11.62% | -214.29% | -17.39% | -1.86% | -280.77% | -71.43% | -3.79% | -4.63% | -19.42% | -4.51% |
| Other Income | 0.12 | 0.49 | 0.16 | 1.63 | 1.08 | 0.27 | 0.19 | 4.24 | 0.5 | 0.35 | 0.31 | 1.29 | 0.23 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.08 | 0.07 | 0.07 | 0.3 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
| PBT | 0.31 | 0.31 | 0.27 | 0.54 | 0.05 | 0.02 | 0.01 | 1.19 | 0.12 | 0.05 | 0.06 | 0.09 | 0.04 |
| Tax % | 0% | 22.58% | 25.93% | 62.96% | 0% | 50% | 0% | 91.6% | 0% | 0% | 0% | 88.89% | 0% |
| Net Profit | 0.31 | 0.24 | 0.2 | 0.2 | 0.05 | 0.01 | 0.01 | 0.1 | 0.12 | 0.06 | 0.06 | 0.01 | 0.04 |
| EPS in Rs | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit & Loss
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11.81 | 74.21 | 26.8 | 10.16 | 9.01 | 19.64 | 12.47 | 4.83 | 12.85 | 13.92 |
| Expenses | 11.82 | 65.82 | 28.23 | 9.72 | 9.06 | 19.93 | 12.92 | 8.84 | 14.55 | 15.34 |
| Operating Profit | -0.01 | 8.39 | -1.43 | 0.44 | -0.05 | -0.29 | -0.45 | -4.01 | -1.7 | -1.42 |
| OPM % | -0.08% | 11.31% | -5.34% | 4.33% | -0.55% | -1.48% | -3.61% | -83.02% | -13.23% | -10.2% |
| Other Income | -0.64 | 0.64 | 0.4 | 0.64 | 2.27 | 1.74 | 2.4 | 5.79 | 2.54 | 2.18 |
| Interest | 0 | 0.69 | 0.24 | 0.1 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 4.1 | 3.66 | 1.7 | 0.98 | 0.3 | 0.52 | 0.52 | 0.52 | 0.52 |
| PBT | -0.66 | 4.24 | -4.93 | -0.72 | 1.23 | 1.14 | 1.43 | 1.26 | 0.32 | 0.24 |
| Tax % | 0% | 5.19% | -8.32% | -2.78% | 65.85% | 21.05% | 33.57% | 87.3% | 25% | — |
| Net Profit | -0.66 | 4.02 | -4.51 | -0.69 | 0.42 | 0.9 | 0.96 | 0.17 | 0.25 | 0.17 |
| EPS in Rs | -0.08 | 0.51 | -0.57 | -0.09 | 0.05 | 0.03 | 0.04 | 0.01 | 0.01 | 0 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.02 | 3.02 | 3.02 | 3.02 | 3.02 | 9.9 | 10.1 | 10.1 | 26.51 |
| Reserves | 9.16 | 13.19 | 41.85 | 41.16 | 41.58 | 46.47 | 50.46 | 50.61 | 83.22 |
| Borrowings | 1.67 | 69.92 | 1.74 | 3.18 | 1.74 | 1.69 | 3.77 | 46.13 | 5.38 |
| Other Liabilities | 1.54 | 9.64 | 19.41 | 25.09 | 22.3 | 26.91 | 29.46 | 21 | 20.6 |
| Total Liabilities | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 93.79 | 128 | 136 |
| Fixed Assets | 0.05 | 14.55 | 8.9 | 13.42 | 12.7 | 12.17 | 11.66 | 11.14 | 10.64 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | 7.32 |
| Investments | 2.17 | 1.37 | 4.16 | 4.01 | 0.59 | 0.59 | 3.59 | 2.82 | 0.77 |
| Other Assets | 13.17 | 79.85 | 52.96 | 55.02 | 55.35 | 72.21 | 78.54 | 114 | 117 |
| Total Assets | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 93.79 | 128 | 136 |
Cash Flow
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating | -11.57 | 57.79 | -67.29 | 16.56 | -17.99 | -8.93 | 2.96 | -12.75 | -42.73 |
| Investing | -0.77 | -16.33 | -0.4 | -3.78 | 4.61 | 1.74 | -0.75 | 0.62 | -3.15 |
| Financing | 12.36 | -41.41 | 72.1 | -2.5 | -1.28 | 9.66 | -4.01 | 11.52 | 52.99 |
| Net Cash Flow | 0.02 | 0.05 | 4.4 | 10.27 | -14.66 | 2.47 | -1.8 | -0.61 | 7.12 |
| Free Cash Flow | -11.63 | 42.86 | -65.3 | 11.98 | -18.25 | -8.93 | 2.96 | -13.09 | -49.72 |
| CFO/OP | 1,15,700 | 689 | 4,706 | 3,764 | 35,980 | 3,034 | -707 | 294 | 2,511 |
Ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 310 | 115 | 136 | 310 | 234 | 233 | 453 | 561 | 457 |
| Inventory Days | 0 | 33.79 | 111 | 63.95 | 51.1 | 0 | 7.81 | 0 | 0 |
| Days Payable | — | 33.16 | 38.77 | 411 | 82.73 | — | 361 | — | — |
| Cash Conversion Cycle | 310 | 116 | 207 | -36.69 | 203 | 233 | 100 | 561 | 457 |
| Working Capital Days | 359 | -197 | 345 | 271 | 1,072 | 655 | 930 | 3,411 | 2,453 |
| ROCE % | — | 9.81% | -6.27% | -0.98% | 0.94% | 1.68% | 1.84% | 1.23% | 0.25% |
Documents
1
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended on March 31, 2026 4 Apr - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended on March 31, 2026
2
Closure of Trading Window
24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for quarter/year ended 31 March 2026. 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for quarter/year ended 31 March 2026.
3
Board Meeting Outcome for Outcome Of Separate Meeting Of Independent Directors Of The Company
23 Mar - Independent directors met 23 Mar 2026; reviewed board, chair performance and information flow. 23 Mar - Independent directors met 23 Mar 2026; reviewed board, chair performance and information flow.
4
Board Meeting Intimation for Independent Director''s Meeting To Be Held On 23/03/2026
18 Mar - Independent Directors' separate meeting on 23 March 2026 to review board, chair performance and information flow. Checklist: - Confirm regulatory requirement under Regulation 25(3) LODR … 18 Mar - Independent Directors' separate meeting on 23 March 2026 to review board, chair performance and information flow. Checklist: - Confirm regulatory requirement under Regulation 25(3) LODR …
5
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
4 Mar - 2 special resolutions passed 4 Mar 2026: regularize Kunjan Rathod as independent director; amend MOA object clause. 4 Mar - 2 special resolutions passed 4 Mar 2026: regularize Kunjan Rathod as independent director; amend MOA object clause.
Frequently Asked Questions about Ashnisha Industries Ltd
What does Ashnisha Industries Ltd do?
Incorporated in 2009, Ashnisha Industries Ltd
does trading of various steel products and goods.[1]
Where is Ashnisha Industries Ltd (541702) listed?
Ashnisha Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: ASHNISHAINDUSTRIESLTD and BSE: ASHNI. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Ashnisha Industries Ltd belong to?
Ashnisha Industries Ltd operates in the Commercial Services sector within the Trading & Distributors industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Ashnisha Industries Ltd?
Ashnisha Industries Ltd has a market capitalisation of approximately ₹74.00 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Ashnisha Industries Ltd?
The Price-to-Earnings (PE) ratio of Ashnisha Industries Ltd is 276.00. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Ashnisha Industries Ltd?
Over the past 52 weeks, Ashnisha Industries Ltd has traded between a low of ₹2.57 and a high of ₹5.36. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Ashnisha Industries Ltd?
Ashnisha Industries Ltd has a Return on Equity (ROE) of 0.22%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Ashnisha Industries Ltd on Tapetide?
On Tapetide, you can view Ashnisha Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2009, Ashnisha Industries Ltd does trading of various steel products and goods.[1]
Website ashnisha.in
CEO Mr. Ashok Chinubhai Shah B.S. Chem., I.JSA
Employees 1
Listed 2018-07-31
Face Value ₹ 1
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