Asi Industries Ltd

Asi Industries Ltd

₹ 39.5 -0.20%
22 Nov - close price
About

Incorporated in 1945, ASI Industries
Ltd does mining and processing of
natural stones[1]

Key Points

Business Overview:[1][2]
ASI is the world’s largest stone mining company, holding the largest stone mining quarry in the world. It is the only listed company in India supplying high quality Kotah stone products to industries such as real estate, construction and infrastructure. Company also generates wind power, and trades in steel coils and fabrics.

  • Market Cap 356 Cr.
  • Current Price 39.5
  • High / Low 56.2 / 19.5
  • Stock P/E
  • Book Value 32.3
  • Dividend Yield 0.89 %
  • ROCE -8.69 %
  • ROE -15.8 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 163 to 119 days.
  • Company's working capital requirements have reduced from 136 days to 109 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.00% over past five years.
  • Company has a low return on equity of -0.72% over last 3 years.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
42.21 47.46 39.55 63.60 54.41 69.24 63.40 57.81 59.01 57.81 43.28 15.31 44.18
39.92 50.77 30.38 54.26 41.54 64.01 48.14 50.95 49.10 104.00 52.14 19.16 31.88
Operating Profit 2.29 -3.31 9.17 9.34 12.87 5.23 15.26 6.86 9.91 -46.19 -8.86 -3.85 12.30
OPM % 5.43% -6.97% 23.19% 14.69% 23.65% 7.55% 24.07% 11.87% 16.79% -79.90% -20.47% -25.15% 27.84%
14.45 15.91 0.98 1.23 1.04 1.00 1.11 1.27 2.78 1.19 1.88 1.71 2.77
Interest 2.22 2.09 1.93 1.96 1.99 1.08 5.19 2.82 2.06 1.81 0.68 0.73 0.67
Depreciation 4.11 4.48 4.34 4.24 4.38 4.41 8.80 8.97 8.80 17.08 6.80 1.36 1.38
Profit before tax 10.41 6.03 3.88 4.37 7.54 0.74 2.38 -3.66 1.83 -63.89 -14.46 -4.23 13.02
Tax % -1.34% -22.55% 12.37% 43.02% 29.84% 9.46% 31.51% -21.31% 115.85% -14.93% 5.60% -4.49% 38.79%
10.55 7.39 3.40 2.49 5.29 0.67 1.62 -2.88 -0.29 -54.36 -15.29 -4.03 7.97
EPS in Rs 1.27 0.89 0.41 0.28 0.59 0.07 0.18 -0.32 -0.03 -6.03 -1.70 -0.45 0.88
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
131 209 197 308 314 260 208 227 238 161
104 173 159 256 267 217 195 190 246 207
Operating Profit 26 36 38 52 47 43 12 37 -8 -47
OPM % 20% 17% 19% 17% 15% 17% 6% 16% -4% -29%
3 6 6 8 6 12 43 4 1 8
Interest 6 8 14 12 11 9 9 7 12 4
Depreciation 8 6 14 17 16 16 17 17 44 27
Profit before tax 16 27 17 31 26 30 30 17 -63 -70
Tax % 35% 47% 53% 24% 27% 26% -5% 28% -12%
10 14 8 24 19 22 31 12 -56 -66
EPS in Rs 1.21 1.74 0.94 2.84 2.32 2.71 3.79 1.32 -6.21 -7.30
Dividend Payout % 16% 14% 26% 11% 13% 11% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -5%
3 Years: -3%
TTM: -36%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -7367%
Stock Price CAGR
10 Years: 19%
5 Years: 32%
3 Years: 44%
1 Year: 79%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: -1%
Last Year: -16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
Equity Capital 7 7 7 8 8 8 9 9 9 9
Reserves 170 181 188 212 228 248 322 340 283 282
43 102 177 191 187 226 301 303 109 27
23 98 56 54 49 57 71 82 53 29
Total Liabilities 243 387 427 465 472 539 703 734 455 347
167 191 269 261 278 274 291 485 224 168
CWIP 0 27 2 0 0 12 193 6 0 0
Investments 4 0 0 10 8 7 28 43 87 42
71 169 155 194 186 246 192 201 144 137
Total Assets 243 387 427 465 472 539 703 734 455 347

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
3 43 -28 41 31 31 70 30 60
-3 -56 -63 -12 -22 -57 -125 -29 142
-9 25 93 -25 -18 27 60 -4 -204
Net Cash Flow -9 13 2 4 -9 0 5 -2 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 116 204 162 134 125 174 182 188 119
Inventory Days 214 74 206 88 124 356 322 352 148
Days Payable 0 265 228 40 16 57 50 85 48
Cash Conversion Cycle 330 12 139 183 232 473 454 456 219
Working Capital Days 99 77 114 126 120 144 135 166 109
ROCE % 13% 9% 10% 9% 9% 7% 4% -9%

Shareholding Pattern

Numbers in percentages

12 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.51% 72.51% 72.51% 72.51% 72.51% 72.51% 72.51% 72.51% 72.51% 72.51% 72.51% 72.90%
27.49% 27.49% 27.49% 27.49% 27.49% 27.49% 27.50% 27.49% 27.50% 27.49% 27.49% 27.09%
No. of Shareholders 5,6925,6705,5805,5255,4465,4515,4996,0127,89411,41811,41010,846

Documents