---
title: "Asahi Songwon Colors Ltd (ASAHISONG) — Share Price, Financials & Analysis"
symbol: "ASAHISONG"
company: "Asahi Songwon Colors Ltd"
canonical: "https://tapetide.com/stocks/ASAHISONG"
isin: "INE228I01012"
nse_symbol: "ASAHISONG"
bse_code: "532853"
sector: "Chemicals"
industry: "Dyes & Pigments"
market_cap_cr: 420.69
generated_at: "2026-09-13T19:10:09.222Z"
---

# Asahi Songwon Colors Ltd (ASAHISONG)

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

## Company

- **NSE Symbol:** ASAHISONG
- **BSE Code:** 532853
- **ISIN:** INE228I01012
- **Sector:** Chemicals
- **Industry:** Dyes & Pigments
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2011-08-29
- **CEO:** Ms. Paru Mrugesh Jaykrishna B.A., LL.B., M.A.
- **Employees:** 122
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** asahisongwon.com

## About

Incorporated in 1990, Asahi Songwon Colors is one of the leading manufacturers of blue (Phthalocyanine) pigments for ink, plastics, paint, textile and paper industry with globally benchmarked manufacturing capabilities. The company has ventured into manufacturing of yellow, red and orange (AZO) pigments and APIs.[1]

## Latest Price

- **Price:** ₹363.95
- **Change:** -11.7 (-3.11%)
- **Open:** ₹365.55
- **Day High:** ₹370
- **Day Low:** ₹356.9
- **Previous Close:** ₹375.65
- **Volume:** 22015
- **As Of:** 2026-09-11T09:58:25+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:22.138675Z.

- **Market Cap:** ₹420.69 Cr
- **Classification:** Microcap
- **P/E (reported):** 13.1
- **P/E (TTM):** 12.32
- **EPS (TTM):** ₹29.54
- **Book Value:** ₹230.25
- **Price to Book:** 1.65
- **Dividend Yield:** 0.4%
- **ROE:** 5.97%
- **ROCE:** 11.4%
- **Debt to Equity:** 0.53
- **Revenue (yearly):** ₹535.48 Cr
- **Net Income:** ₹16.44 Cr
- **EBITDA:** ₹49.83 Cr
- **52-Week High:** ₹413.95
- **52-Week Low:** ₹179.64
- **RSI (14):** 55.79

## Tapetide Score

- **Score:** 53 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 61 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 42.54 | 9% |
| growth | 34.16 | 9% |
| momentum | 98.71 | 12% |
| ownership | 48.72 | 24% |
| quality | 63.15 | 22% |
| valuation | 62.13 | 24% |

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

## Key Insights

### Weaknesses

- Company has a low return on equity of 4.95% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 563.46% | 93.26% | 619.5% |
| ebitda margin growth | 41.74% | -13.55% | 87.17% | 1.88% |
| net income growth | 75.93% | -2.72% | 53% | -8% |
| revenue growth | 28.61% | -5.46% | 2% | 14% |
| roce | 52.04% | 33.65% | — | 8.37% |
| roe | 75.88% | 1.53% | 1.58% | -48.76% |

## 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 | 95 | 102 | 126 | 134 | 142 | 134 | 153 | 150 | 121 | 121 | 144 | 189 |
| Expenses | 90 | 97 | 117 | 121 | 128 | 122 | 136 | 139 | 111 | 110 | 125 | 157 |
| Operating Profit | 5 | 5 | 9 | 14 | 13 | 12 | 17 | 11 | 10 | 10 | 20 | 32 |
| OPM % | 6 | 4.9 | 7 | 10 | 10 | 9 | 11 | 7 | 8 | 8 | 14 | 17 |
| Other Income | 27 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 0 | 3 | 1 |
| Interest | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 25 | -1 | 1 | 6 | 5 | 4 | 9 | 4 | 4 | 3 | 15 | 25 |
| Tax % | 10 | 63 | 29 | 28 | 39 | 47 | 25 | 39 | 42 | 15 | 28 | 25 |
| Net Profit | 23 | -2 | 1 | 4 | 3 | 2 | 7 | 3 | 2 | 2 | 11 | 19 |
| EPS in Rs | 20 | -0.87 | 1.83 | 4.39 | 3.26 | 2.63 | 6.48 | 2.68 | 1.91 | 2.1 | 9.22 | 16.31 |

### Profit & Loss

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 294 | 284 | 283 | 411 | 505 | 426 | 562 | 535 | 575 |
| Expenses | 253 | 249 | 233 | 379 | 499 | 408 | 506 | 486 | 503 |
| Operating Profit | 40 | 34 | 50 | 32 | 5 | 18 | 57 | 50 | 71 |
| OPM % | 14 | 12 | 18 | 8 | 1.1 | 4.3 | 10 | 9 | 12 |
| Other Income | -1 | 1 | 4 | 6 | 6 | 28 | 4 | 7 | 6 |
| Interest | 5 | 4 | 2 | 5 | 14 | 13 | 16 | 12 | 12 |
| Depreciation | 8 | 8 | 9 | 12 | 15 | 16 | 19 | 19 | 19 |
| Profit before tax | 26 | 23 | 44 | 21 | -18 | 18 | 25 | 26 | 47 |
| Tax % | 30 | 2 | 27 | 30 | 4 | 13 | 33 | 30 | — |
| Net Profit | 18 | 23 | 32 | 15 | -18 | 16 | 17 | 18 | 34 |
| EPS in Rs | 14.88 | 18.98 | 26.78 | 16.1 | -9.88 | 17.01 | 16.76 | 15.92 | 29.54 |
| Dividend Payout % | 20 | 16 | 13 | 3 | -5 | 3 | 9 | 9 | — |

### Balance Sheet

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 181 | 189 | 215 | 230 | 207 | 224 | 243 | 260 |
| Borrowings | 62 | 22 | 50 | 87 | 180 | 197 | 167 | 143 |
| Other Liabilities | 54 | 55 | 112 | 138 | 147 | 138 | 162 | 182 |
| Total Liabilities | 309 | 278 | 389 | 468 | 545 | 570 | 584 | 596 |
| Fixed Assets | 150 | 129 | 213 | 235 | 275 | 306 | 305 | 292 |
| CWIP | 1 | 11 | 9 | 0 | 25 | 11 | 0 | 0 |
| Investments | 14 | 13 | 2 | 1 | 1 | 1 | 0 | 2 |
| Other Assets | 143 | 125 | 166 | 231 | 244 | 253 | 278 | 302 |
| Total Assets | 309 | 278 | 389 | 468 | 545 | 570 | 584 | 596 |

### Cash Flow

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 27 | 57 | 8 | 0 | 30 | 9 | 58 | 43 |
| Cash from Investing Activity | -3 | -16 | -60 | -28 | -77 | -13 | -5 | -7 |
| Cash from Financing Activity | -24 | -39 | 50 | 28 | 47 | 4 | -49 | -38 |
| Net Cash Flow | 0 | 2 | -2 | 0 | 0 | 0 | 3 | -2 |
| Free Cash Flow | 23 | 45 | -61 | -27 | 1 | 2 | 53 | 38 |
| CFO/OP | 85 | 174 | 35 | 28 | 637 | 43 | 118 | 105 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 68 | 71 | 101 | 80 | 77 | 105 | 96 | 94 |
| Inventory Days | 132 | 62 | 114 | 151 | 83 | 103 | 87 | 129 |
| Days Payable | 66 | 51 | 98 | 104 | 79 | 96 | 110 | 137 |
| Cash Conversion Cycle | 134 | 82 | 117 | 127 | 82 | 111 | 72 | 85 |
| Working Capital Days | 77 | 99 | 90 | 74 | 12 | 25 | 27 | 37 |
| ROCE % | — | 11 | 15 | 7 | -1 | 1 | 9 | 8 |

## 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 | 66.73% | 66.77% | 66.77% | 66.77% | 66.83% | 66.83% | 66.83% | 66.83% | 67% | 67% | 67% | 67% |
| FIIs | 0% | 0.17% | 0.1% | 0.07% | 0.07% | 0% | 0% | 0% | 0.08% | 0% | 0.05% | 0.01% |
| DIIs | 0% | 0% | 0% | 0% | 0.21% | 0% | 0% | 0% | 0.03% | 0.3% | 0.31% | 0.32% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.89% | 19.57% | 18.89% | 18.71% | 18.75% | 18.39% | 18.7% | 18.54% | 18.49% | 18.88% | 18.7% | 19.19% |
| Others | 13.38% | 13.49% | 14.24% | 14.45% | 14.15% | 14.79% | 14.47% | 14.64% | 14.4% | 13.83% | 13.95% | 13.48% |
| No. of Shareholders | 10391 | 10394 | 9030 | 9053 | 10070 | 9852 | 9772 | 9764 | 9764 | 10141 | 9731 | 9792 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 5 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 376.86 | Sell |
| EMA (10) | 375.04 | Sell |
| SMA (20) | 369.95 | Sell |
| EMA (20) | 369.42 | Sell |
| SMA (50) | 341.04 | Buy |
| EMA (50) | 343.13 | Buy |
| SMA (100) | 295.04 | Buy |
| EMA (100) | 311.69 | Buy |
| SMA (200) | 264.56 | Buy |
| EMA (200) | 295.18 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.09 | Neutral |
| MACD (12,26,9) | 9.62 | Sell |
| Stochastic (14,3,3) | 61.45 | Neutral |
| ADX (14) | 28.29 | Buy |
| Williams %R (14) | -70.53 | Neutral |
| ATR (14) | 16.37 | High Volatility |
| ROC (12) | -0.25 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 49.34 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8637aa4d-6f3e-442a-81f6-d500bcb8a5b2.pdf) |
| 2026-09-05 | [Notice Of 36Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fc610be-db44-4d97-af14-e38097b4ddce.pdf) |
| 2026-09-05 | [Intimation Of Record Date For Final Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83dab445-dc3a-42be-b8b8-a8fd0630204d.pdf) |
| 2026-09-05 | [Intimation Regarding Dispatch Of Letter To Those Shareholders Whose E-Mail Address Are Not Registered For Annual Report Of FY 2025-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=927419ca-ea8b-4ce5-9b33-b4746a7896b4.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4475c6a4-ff13-4bf6-b2c2-856d8f2d4a88.pdf) |
| 2026-08-26 | [Voting Results Of Extra-Ordinary General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d30fd14-4ebd-4231-b3d5-f28485726d91.pdf) |
| 2026-08-25 | [Shareholder Meeting / Postal Ballot-Outcome of EGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90b01c1a-c219-446b-ab1f-97f246de5414.pdf) |
| 2026-08-12 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65479D8E_CB2C_448F_AC8D_2A3B73C99DA2_161920.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5e59543-e9c2-450f-a9b8-1b4b3061106f.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b24ffea-457e-44ac-8bbf-e47b2fa41d01.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-29 | [Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6dc785d9-6843-40bf-a0e6-9ba8a465538b.pdf) |
| 2026-05-26 | [Audited Financial Results For The Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c248032-9dd0-4579-a902-acc38c2f53a3.pdf) |
| 2026-01-29 | [Unaudited Financial Results For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23cb5707-0a37-485d-97c8-ab59dfc8782a.pdf) |
| 2025-11-11 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff4e2089-4dc3-4152-ae9a-c338cebd2a69.pdf) |
| 2025-07-29 | [Unaudited Financial Results For Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7150bc7e-4cb8-471f-a630-ca36b8e0dac7.pdf) |
| 2025-01-30 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31-12-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c74e779-00ae-4d3b-b5b9-db3423576a13.pdf) |
| 2025-01-30 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31-12-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4557dfca-296a-4df0-810a-2290ecb059d4.pdf) |
| 2024-10-24 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d580d274-6d8c-4b99-b500-a63c81ce15da.pdf) |
| 2024-07-27 | [Unaudited Financial Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91976704-e002-4e94-800e-ab6e3c091066.pdf) |
| 2024-07-27 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f08bb52e-307b-4e2f-a4c2-80efefddc601.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ae1285c-879e-4b95-86c1-90f727452005.pdf) |
| 2025-11-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d03f2ee3-b33c-454f-a657-5f3e5c1b2fa1.pdf) |
| 2025-05-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a0a13ef-4011-446f-b755-8f695d0596c7.pdf) |
| 2024-11-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=003d0a4e-db91-46bb-bfc7-9d760a98ca15.pdf) |
| 2024-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c220d98c-51b8-436f-96d4-af0d71f2c9c2.pdf) |
| 2023-10-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=664e6705-dae8-4718-b618-6047af766c3a.pdf) |
| 2021-11-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=523a12e3-8755-4970-951b-bfbbcda2a313.pdf) |
| 2021-06-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50201813-2849-430c-bd56-5ca36da6e33d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e942aedf-eb6e-42c7-8806-882f5a63386f.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d502ba2e-71f7-467a-b9ea-f7c710aacc3f.pdf) |
| 2025-05-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=93999432-4a72-4c33-b0ed-3316e3aed08f.pdf) |
| 2024-06-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e8342c2-0f31-4f07-a80b-62d29170ef3c.pdf) |
| 2023-06-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f34fd50-8de4-4847-8a94-4092ea764dec.pdf) |
| 2022-11-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6f64e12-c31d-4e20-a124-ab5df69a9751.pdf) |
| 2022-08-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8607fa1c-28fb-4332-b8f1-908cde4c60f6.pdf) |
| 2022-05-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5be1bf3a-b37c-4127-99a0-d0dc0b406d07.pdf) |
| 2022-02-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc373d4b-7b34-40f7-8cdf-dc09a5883d81.pdf) |
| 2021-10-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e75195ee-4180-4acd-9846-674831479036.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b014508f-3146-482c-ab25-2827c6eb9f5f.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/664e6705-dae8-4718-b618-6047af766c3a.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45e955b6-30c3-4e2d-ab4e-96c7be30ef88.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76b98e07-d200-4d06-872a-70b51fdad404.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/003d0a4e-db91-46bb-bfc7-9d760a98ca15.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cdf2d5cc-b1e4-49b1-baa4-33e0e251128d.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d45923e2-cfaa-4c90-88f5-14b695316d99.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d45923e2-cfaa-4c90-88f5-14b695316d99.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad4ea296-b5e4-4383-a2c4-ba3957ae4999.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/523a12e3-8755-4970-951b-bfbbcda2a313.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Postal ballot approved appointment of Maulik Deepak Mehta (DIN 05227290) as Independent Director on Feb 9, 2026. | [Announcement under Regulation 30 (LODR)-Meeting Updates 9 Feb - Postal ballot approved appointment of Maulik Deepak Mehta (DIN 05227290) as Independent Director on Feb 9, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0775f1d-823d-4ce2-a75a-8a0a201b784f.pdf) |
| 9 Apr - Mr. Pratik Shah resigns as CFO effective April 9, 2026, for personal reasons. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 9 Apr - Mr. Pratik Shah resigns as CFO effective April 9, 2026, for personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5bcdffcd-daec-42f2-bf6d-46139fa52ca8.pdf) |
| 9 Apr - Company says SEBI large corporate norms not applicable; outstanding borrowing was Rs 64.70 crore on 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 9 Apr - Company says SEBI large corporate norms not applicable; outstanding borrowing was Rs 64.70 crore on 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b85da050-098d-40f9-97a3-5083f6b27975.pdf) |
| 8 Apr - Sudhin Bhagwandas Choksey resigned as independent director effective April 4, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 8 Apr - Sudhin Bhagwandas Choksey resigned as independent director effective April 4, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a044b60-2b83-48fb-8783-f3afd4f98668.pdf) |
| 8 Apr - CARE reaffirmed Asahi Songwon’s bank facility ratings; outlook remains Positive. | [Announcement under Regulation 30 (LODR)-Credit Rating 8 Apr - CARE reaffirmed Asahi Songwon’s bank facility ratings; outlook remains Positive.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c418a92-a35b-4923-955b-5385649fd617.pdf) |
| 8 Apr - Asahi Songwon Colors Limited has informed Exchange about the Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Asahi Songwon Colors Limited has informed Exchange about the Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b20da66-1b93-4177-86c9-6dc0a1c32bf7.pdf) |
| 7h - Of Schedule of Analysts/Institutional Investor Meetings under the SEBI (LODR) Regulations, 2015 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7h - Of Schedule of Analysts/Institutional Investor Meetings under the SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachLive/477ac102-bc9a-4b12-a01a-5fe2a3ee811c.pdf) |
| 6 Feb - Transcripts of Analyst/Investors Call pertaining to the Financial Results for the third quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 6 Feb - Transcripts of Analyst/Investors Call pertaining to the Financial Results for the third quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c63405f-bbd7-4819-b9e2-eebba26d4d31.pdf) |
| 6 Feb - Tata Chemicals to invest ₹515 crore for 210 KTPA IVSD greenfield plant in Tamil Nadu; completion in 36 months. | [Press Release - Investment Of Rs. 515 Crore In New Iodised Vacuum Salt Dried Manufacturing Facility In Tamil Nadu 6 Feb - Tata Chemicals to invest ₹515 crore for 210 KTPA IVSD greenfield plant in Tamil Nadu; completion in 36 months.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60c5af61-c0d2-4046-a144-9c99ec6a4ca5.pdf) |
| 6 Feb - Fitch affirmed Tata Chemicals’ Long-Term FC IDR at BB+ (Stable) on February 6, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 6 Feb - Fitch affirmed Tata Chemicals’ Long-Term FC IDR at BB+ (Stable) on February 6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f538f78-e344-43c7-bcc8-e48a7d21a429.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b289371a-6064-47e0-a9b4-90b73b84e2dd.pdf) |
| 2025-05-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=833aedbd-60d4-4809-9e86-a5f656d064ae.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e33ad51-c3e2-49f6-9170-620bd715772d.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6702e1b9-2570-4dde-bef6-b934220d5f33.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cc2608e-a61c-427c-920c-d5418a4eccb3.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1573c91-c345-45ae-a73c-6f761edae73b.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a881caae-3ecf-4923-9443-da93ddc2d522.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1311df20-571c-4143-8971-12e758d6be76.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532853/77099532853.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500770/73196500770.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532853/71711532853.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500770/68550500770_19_06_21.pdf) |

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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 2026-09-13T19:10:09.222Z.