---
title: "Asahi India Glass Ltd (ASAHIINDIA) — Share Price, Financials & Analysis"
symbol: "ASAHIINDIA"
company: "Asahi India Glass Ltd"
canonical: "https://tapetide.com/stocks/ASAHIINDIA"
isin: "INE439A01020"
nse_symbol: "ASAHIINDIA"
bse_code: "515030"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 24907.66
generated_at: "2026-09-13T19:40:12.153Z"
---

# Asahi India Glass Ltd (ASAHIINDIA)

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

## Company

- **NSE Symbol:** ASAHIINDIA
- **BSE Code:** 515030
- **ISIN:** INE439A01020
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 1998-03-18
- **CEO:** Mr. Sanjay Mohan Labroo
- **Employees:** 2803
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** aisglass.com

## About

Asahi India Glass Ltd. (AIS) is India’s leading value-added and integrated glass solutions company and a dominant player both in the automotive and architectural glass segments. Established in 1984, It was formed as a Joint Venture between The Labroo Family, Asahi Glass Co. of Japan and Maruti Udyog Ltd (now Maruti Suzuki India Ltd).
AIS provides end to end solutions in the entire glass value chain - from the manufacturing of
float glass, processing, fabrication to installation services. As a sand-to-solutions company, AIS
offers varied types of glass products and services to its customers in India and across the globe. [1]

## Latest Price

- **Price:** ₹985.8
- **Change:** +11.6 (+1.19%)
- **Open:** ₹976
- **Day High:** ₹992.5
- **Day Low:** ₹963.6
- **Previous Close:** ₹974.2
- **Volume:** 205299
- **As Of:** 2026-09-11T10:28:09+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:03.789871Z.

- **Market Cap:** ₹24907.66 Cr
- **Classification:** Smallcap
- **P/E (reported):** 56.7
- **P/E (TTM):** 57.41
- **EPS (TTM):** ₹17.17
- **EPS (reported):** ₹12.43
- **Book Value:** ₹154.24
- **Price to Book:** 6.33
- **Dividend Yield:** 0.21%
- **ROE:** 8.77%
- **ROCE:** 10.79%
- **Debt to Equity:** 0.56
- **Revenue (yearly):** ₹5031 Cr
- **Net Income:** ₹345.1 Cr
- **EBITDA:** ₹959 Cr
- **52-Week High:** ₹1074
- **52-Week Low:** ₹775.1
- **RSI (14):** 67.04

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Flat
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 26.15 | 9% |
| growth | 31.89 | 9% |
| momentum | 56.65 | 12% |
| ownership | 49.04 | 24% |
| quality | 57.98 | 22% |
| valuation | 39.02 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 6.39 times its book value
- Company has a low return on equity of 12.3% over last 3 years.
- Dividend payout has been low at 14.2% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -30.32% | -23.21% | -14.4% |
| ebitda margin growth | 15.43% | 10.49% | 11.33% | -22.04% |
| net income growth | 12.44% | -6.04% | -2% | 22% |
| revenue growth | 4.7% | 8.74% | 7% | 16% |
| roce | 12.61% | -17.13% | -29.01% | 17% |
| roe | 12.42% | -36.91% | 12.21% | -55.37% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 1120 | 1044 | 1105 | 1133 | 1158 | 1124 | 1180 | 1229 | 1151 | 1256 | 1354 | 1413 |
| Expenses | 934 | 880 | 927 | 951 | 945 | 949 | 983 | 1036 | 963 | 1005 | 1067 | 1089 |
| Operating Profit | 186 | 163 | 178 | 181 | 213 | 175 | 197 | 192 | 188 | 250 | 287 | 325 |
| OPM % | 17 | 16 | 16 | 16 | 18 | 16 | 17 | 16 | 16 | 20 | 21 | 23 |
| Other Income | 8 | 2 | 2 | 5 | 7 | 46 | 9 | 11 | 11 | -2 | 10 | 6 |
| Interest | 34 | 34 | 33 | 32 | 31 | 32 | 33 | 59 | 59 | 43 | 42 | 47 |
| Depreciation | 43 | 46 | 48 | 47 | 48 | 49 | 49 | 68 | 69 | 73 | 75 | 81 |
| Profit before tax | 117 | 85 | 100 | 107 | 141 | 140 | 124 | 76 | 71 | 133 | 180 | 203 |
| Tax % | 26 | 26 | 27 | 28 | 33 | 26 | 26 | 28 | 18 | 25 | 26 | 26 |
| Net Profit | 86 | 63 | 73 | 77 | 95 | 105 | 92 | 55 | 58 | 99 | 133 | 149 |
| EPS in Rs | 3.57 | 2.61 | 3.04 | 3.21 | 3.93 | 4.34 | 3.8 | 2.31 | 2.22 | 3.9 | 5.2 | 5.85 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2633 | 2913 | 2643 | 2421 | 3170 | 4019 | 4341 | 4594 | 4982 | 5175 |
| Expenses | 2169 | 2403 | 2209 | 1987 | 2410 | 3224 | 3617 | 3828 | 4072 | 4125 |
| Operating Profit | 464 | 510 | 435 | 435 | 761 | 795 | 724 | 766 | 910 | 1050 |
| OPM % | 18 | 18 | 16 | 18 | 24 | 20 | 17 | 17 | 18 | 20 |
| Other Income | 23 | 24 | 19 | 46 | 31 | 33 | 32 | 67 | 37 | 25 |
| Interest | 124 | 135 | 146 | 143 | 121 | 105 | 136 | 128 | 204 | 191 |
| Depreciation | 95 | 119 | 137 | 132 | 160 | 160 | 177 | 192 | 285 | 298 |
| Profit before tax | 269 | 280 | 171 | 205 | 511 | 563 | 443 | 513 | 459 | 586 |
| Tax % | 35 | 33 | 11 | 36 | 33 | 36 | 27 | 28 | 25 | — |
| Net Profit | 176 | 188 | 151 | 131 | 343 | 362 | 325 | 367 | 345 | 439 |
| EPS in Rs | 7.3 | 7.82 | 6.32 | 5.47 | 14.18 | 15.01 | 13.49 | 15.27 | 13.52 | 17.17 |
| Dividend Payout % | 21 | 13 | 16 | 18 | 14 | 13 | 15 | 13 | 15 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 25 |
| Reserves | 902 | 1051 | 1191 | 1278 | 1415 | 1738 | 2050 | 2329 | 2645 | 3907 |
| Borrowings | 1221 | 1373 | 1643 | 1762 | 1566 | 1238 | 1401 | 1968 | 2696 | 2198 |
| Other Liabilities | 682 | 833 | 831 | 799 | 768 | 776 | 1104 | 1179 | 1425 | 1642 |
| Total Liabilities | 2830 | 3281 | 3689 | 3863 | 3773 | 3777 | 4580 | 5500 | 6790 | 7772 |
| Fixed Assets | 1588 | 1907 | 1956 | 2035 | 2221 | 2323 | 2395 | 2616 | 4046 | 4534 |
| CWIP | 85 | 114 | 453 | 489 | 262 | 91 | 235 | 826 | 562 | 445 |
| Investments | 27 | 42 | 48 | 55 | 69 | 85 | 112 | 85 | 50 | 78 |
| Other Assets | 1129 | 1218 | 1232 | 1284 | 1222 | 1278 | 1839 | 1972 | 2132 | 2716 |
| Total Assets | 2830 | 3281 | 3689 | 3863 | 3773 | 3777 | 4580 | 5500 | 6790 | 7772 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 418 | 449 | 424 | 293 | 516 | 586 | 402 | 653 | 720 | 502 |
| Cash from Investing Activity | -190 | -448 | -512 | -214 | -84 | -79 | -320 | -924 | -1191 | -665 |
| Cash from Financing Activity | -249 | -1 | 91 | -93 | -382 | -479 | -52 | 330 | 458 | 245 |
| Net Cash Flow | -21 | 1 | 3 | -14 | 51 | 28 | 29 | 59 | -13 | 82 |
| Free Cash Flow | 232 | 13 | -80 | 90 | 433 | 509 | 92 | -244 | -536 | -139 |
| CFO/OP | 118 | 117 | 101 | 71 | 136 | 99 | 76 | 106 | 113 | 68 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 38 | 45 | 34 | 36 | 40 | 28 | 31 | 30 | 35 | 37 |
| Inventory Days | 252 | 240 | 273 | 310 | 284 | 285 | 271 | 221 | 243 | 302 |
| Days Payable | 161 | 230 | 252 | 248 | 277 | 246 | 225 | 190 | 219 | 219 |
| Cash Conversion Cycle | 129 | 56 | 55 | 98 | 47 | 67 | 77 | 61 | 60 | 120 |
| Working Capital Days | 2 | -17 | -31 | -35 | -31 | 7 | 1 | -11 | -1 | 33 |
| ROCE % | 19 | 17 | 16 | 11 | 11 | 21 | 21 | 15 | 12 | 11 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 54.24% | 54.23% | 54.23% | 54.23% | 54.23% | 54.23% | 54.2% | 54.09% | 51.57% | 51.57% | 51.57% | 51.57% |
| FIIs | 3.68% | 3.71% | 3.95% | 3.94% | 4.01% | 4.19% | 4.16% | 3.73% | 4.87% | 4.88% | 4.85% | 4.86% |
| DIIs | 1.83% | 1.91% | 1.45% | 1.48% | 1.55% | 1.62% | 1.64% | 1.78% | 5.17% | 5.26% | 5.36% | 5.26% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 20.1% | 20% | 20.03% | 19.88% | 19.78% | 19.61% | 19.57% | 20.35% | 18.78% | 18.65% | 19.24% | 19.26% |
| Others | 20.15% | 20.15% | 20.35% | 20.47% | 20.42% | 20.35% | 20.43% | 20.04% | 19.61% | 19.65% | 18.99% | 19.05% |
| No. of Shareholders | 62825 | 59970 | 63465 | 60227 | 62836 | 63200 | 65564 | 63611 | 64209 | 66692 | 64539 | 64157 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 961.34 | Buy |
| EMA (10) | 964.54 | Buy |
| SMA (20) | 957.75 | Buy |
| EMA (20) | 953.07 | Buy |
| SMA (50) | 919.99 | Buy |
| EMA (50) | 927.15 | Buy |
| SMA (100) | 890.42 | Buy |
| EMA (100) | 909.03 | Buy |
| SMA (200) | 913.19 | Buy |
| EMA (200) | 888.41 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 69.97 | Neutral |
| MACD (12,26,9) | 15.44 | Buy |
| Stochastic (14,3,3) | 75.55 | Neutral |
| ADX (14) | 16.92 | Neutral |
| Williams %R (14) | -12.82 | Sell |
| ATR (14) | 22.7 | Neutral |
| ROC (12) | 3.64 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 52.08 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 1 analyst ratings, observed at 2026-09-11T04:49:06.138016+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-28 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e213641-5def-4287-a0ee-c8233df60f51.pdf) |
| 2026-08-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c03cc71-d41c-4b65-b1ce-83ffd325f422.pdf) |
| 2026-08-28 | [Communication To Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c5f3c4f-bd98-4f53-a697-42a06534379e.pdf) |
| 2026-08-27 | [Notice Of 41St Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79b333e8-43bc-4cf9-8025-4d2b282f0610.pdf) |
| 2026-08-27 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d3b17ae-9b50-4e32-a96c-4a03714b65df.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4850caf6-c33f-4e49-8b0e-9f18d28077a4.pdf) |
| 2026-08-20 | [Communication Sent To Shareholders Regarding The Transfer Of Equity Shares And Unclaimed Dividend To Investor Education And Protection Fund.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6356d843-b724-4d41-96c7-afd7cd422c5e.pdf) |
| 2026-08-19 | [Communication Sent To Shareholders Of The Company Regarding Deduction Of Tax At Source (TDS) On Payment Of Final Dividend For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fae8aec9-f43e-4db5-8059-b93b69715cbe.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=295c4310-e1b8-44d0-862e-32a97744b824.pdf) |
| 2026-08-05 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10994091-b439-4119-b39d-53841680cbac.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-05 | [Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af813e27-bd75-4e99-9604-9ca516089e6a.pdf) |
| 2026-05-27 | [Results For The Quarter And Financial Year Ended 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6833a9ed-54b7-42d2-b4c2-2b884da0797f.pdf) |
| 2026-01-30 | [Unaudited Financial Results For The Quarter Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a38080d-2cf3-4581-85d5-bd058e40f824.pdf) |
| 2026-01-30 | [Unaudited Financial Results For The Quarter Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e3595f9-61a5-44f9-8050-9c90b2dc3f79.pdf) |
| 2025-11-05 | [Unaudited Financial Results Of The Company (Standalone And Consolidated) For The Second Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a15d037f-9003-49f5-a467-825651d8fce6.pdf) |
| 2025-07-30 | [Unaudited Financial Results Of The Company (Standalone And Consolidated) For The First Quarter Ended 30Th June 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2d8ef34-4faf-4e3f-a3f0-edc193147ea1.pdf) |
| 2025-05-14 | [Audited Financial Results For The Fourth Quarter And Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f59e7a0-9a99-429d-9099-bdccd5823099.pdf) |
| 2025-01-29 | [Results - Financial Results For The Third Quarter And Nine Months Ended 31* December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac04a8fa-e17e-4b4c-9d37-1734f04c8240.pdf) |
| 2024-10-29 | [Results-Financial Results For Second Quarter Ending 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3b300a0-3599-4955-a0f6-c04ddb43fabd.pdf) |
| 2024-07-31 | [Quarterly Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2bc53943-1ce6-4b6c-90ff-1980b5ce8a21.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Postal ballot seeks approval for Mr. Takahiro Tokuda’s 5-year independent director appointment from 1 April 2026. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 9 Apr - Postal ballot seeks approval for Mr. Takahiro Tokuda’s 5-year independent director appointment from 1 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d830f30f-d47f-443c-91ec-f8b067dacbc0.pdf) |
| 4 May - Soniyana float glass plant chimney partially broke on 31 May 2026; no injury, equipment functional, damage insured. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 4 May - Soniyana float glass plant chimney partially broke on 31 May 2026; no injury, equipment functional, damage insured.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e4f7936-89da-496f-a888-ff3fe9997e3d.pdf) |
| 4 May - Soniyana float glass plant chimney partially broke on 31 May 2026; no injury, equipment functional, damage insured. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 4 May - Soniyana float glass plant chimney partially broke on 31 May 2026; no injury, equipment functional, damage insured.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1e4f7936-89da-496f-a888-ff3fe9997e3d.pdf) |
| 31 Mar - Setsuya Yoshino resigned as Independent Director effective 31 March 2026 due to permanent return to Japan. | [Announcement under Regulation 30 (LODR)-Resignation of Director 31 Mar - Setsuya Yoshino resigned as Independent Director effective 31 March 2026 due to permanent return to Japan.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb7fa507-240d-4f06-b9ea-18af929d9eee.pdf) |
| 31 Jan - Copy of newspaper publication of Unaudited Financial Results of the Company for the third quarter and nine months ended 31st December, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Jan - Copy of newspaper publication of Unaudited Financial Results of the Company for the third quarter and nine months ended 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98fccaa5-9753-4f04-bc33-b2917a28c2c0.pdf) |
| 30 Mar - Completed sale on 30 March 2026 of CG's entire 34% stake in Under Par Sports Technologies. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 30 Mar - Completed sale on 30 March 2026 of CG's entire 34% stake in Under Par Sports Technologies.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/030e2176-e867-4711-87f8-1b71d781d821.pdf) |
| 30 Mar - Asahi completed sale of CG's entire 34% stake in Under Par Sports; ceased being associate effective 30 March 2026. | [Announcement under Regulation 30 (LODR)-Diversification / Disinvestment 30 Mar - Asahi completed sale of CG's entire 34% stake in Under Par Sports; ceased being associate effective 30 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7b9ccbc-1c19-40a3-bf09-188d7b7ac58a.pdf) |
| 30 Mar - Appointed Takahiro Tokuda as Independent Additional Director effective 1 April 2026 for five years, subject to shareholder approval. | [Announcement under Regulation 30 (LODR)-Change in Directorate 30 Mar - Appointed Takahiro Tokuda as Independent Additional Director effective 1 April 2026 for five years, subject to shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76828e02-e52b-44de-aef1-5a1eaad0ffa6.pdf) |
| 30 Jan - Q3/9M results approved; Board approved up to Rs.2,000 crore greenfield capex; exceptional labour provision recognised. | [Unaudited Financial Results For The Quarter Ended 31St December, 2025. 30 Jan - Q3/9M results approved; Board approved up to Rs.2,000 crore greenfield capex; exceptional labour provision recognised.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e3595f9-61a5-44f9-8050-9c90b2dc3f79.pdf) |
| 30 Jan - Q3/9M FY26 results; Board approved up to Rs.2,000 crore greenfield capex; Rs.745 lakh labour-code provision. | [Board Meeting Outcome for Outcome Of Board Meeting 30 Jan - Q3/9M FY26 results; Board approved up to Rs.2,000 crore greenfield capex; Rs.745 lakh labour-code provision.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c32de335-eb4c-447b-8076-5a23b6f9c13e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_ASAHIINDIA_2010_2011_06072011150505.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c388afb5-cc1a-401e-b0e8-a3a22dee3c54.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/adfe6e70-39db-49ff-94fd-198472978912.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57f25982-84a8-44ed-b0f1-010edd1a29c0.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2885662e-7485-4625-934a-18a070daeb5f.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/515030/74631515030.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/515030/71710515030.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/515030/65842515030.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/515030/5150300319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/515030/5150300318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15bedf08-b2aa-42a9-ab73-b42222098da4.pdf) |
| Dec 2025 | [Concall - Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f207e38-47dc-4e25-8b33-1b8aea5d68e5.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 2026-09-13T19:40:12.153Z.