Yasho Industries Ltd
Yasho Industries Ltd is a manufacturer of specialty chemicals, food antioxidants, aroma chemicals, rubber accelerators and lubricant additives. It has a wide geographical presence with exports to Europe, America, Middle East and Asia.[1]
- Market Cap ₹ 2,029 Cr.
 - Current Price ₹ 1,682
 - High / Low ₹ 2,344 / 1,550
 - Stock P/E 166
 - Book Value ₹ 348
 - Dividend Yield 0.03 %
 - ROCE 7.23 %
 - ROE 1.63 %
 - Face Value ₹ 10.0
 
Pros
Cons
- Stock is trading at 4.77 times its book value
 - Company has low interest coverage ratio.
 - Dividend payout has been low at 3.90% of profits over last 3 years
 - Promoter holding has decreased over last 3 years: -3.55%
 
* 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.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 359 | 613 | 672 | 594 | 668 | 696 | |
| 310 | 520 | 557 | 494 | 559 | 573 | |
| Operating Profit | 49 | 93 | 115 | 100 | 110 | 123 | 
| OPM % | 14% | 15% | 17% | 17% | 16% | 18% | 
| 10 | 10 | 11 | 7 | 9 | 5 | |
| Interest | 16 | 14 | 16 | 15 | 59 | 60 | 
| Depreciation | 12 | 19 | 20 | 16 | 50 | 52 | 
| Profit before tax | 31 | 71 | 91 | 77 | 9 | 17 | 
| Tax % | 30% | 26% | 25% | 24% | 32% | |
| 21 | 52 | 68 | 58 | 6 | 12 | |
| EPS in Rs | 19.71 | 45.87 | 59.54 | 50.83 | 5.07 | 10.29 | 
| Dividend Payout % | 3% | 1% | 1% | 1% | 10% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | 3% | 
| TTM: | 13% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | -52% | 
| TTM: | -70% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 62% | 
| 3 Years: | 1% | 
| 1 Year: | -11% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | 16% | 
| Last Year: | 2% | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 12 | 
| Reserves | 68 | 162 | 227 | 283 | 408 | 
| 162 | 179 | 324 | 579 | 583 | |
| 65 | 131 | 88 | 119 | 92 | |
| Total Liabilities | 305 | 483 | 650 | 993 | 1,094 | 
| 120 | 161 | 177 | 203 | 624 | |
| CWIP | 0 | 1 | 124 | 461 | 1 | 
| Investments | 0 | 0 | 0 | 0 | 0 | 
| 185 | 322 | 349 | 329 | 469 | |
| Total Assets | 305 | 483 | 650 | 993 | 1,094 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 35 | 16 | 13 | 90 | -42 | |
| -14 | -59 | -134 | -304 | -11 | |
| -21 | 43 | 122 | 214 | 59 | |
| Net Cash Flow | 0 | -0 | 0 | -0 | 6 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 73 | 78 | 56 | 74 | 73 | 
| Inventory Days | 125 | 126 | 147 | 130 | 247 | 
| Days Payable | 72 | 105 | 45 | 46 | 61 | 
| Cash Conversion Cycle | 126 | 99 | 158 | 157 | 259 | 
| Working Capital Days | 4 | 32 | 43 | 6 | 54 | 
| ROCE % | 29% | 23% | 13% | 7% | 
Documents
Announcements
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          Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
          
            23h - Conference call on Nov 7, 2025 at 4:00 PM IST for Q2 & H1FY26 results.
 - 
        
          Board Meeting Intimation for Considering And Approving The Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025 & The Request Letters Received Pursuant To Regulation 31A Of The SEBI (LODR) Regulations, 2015
          
            30 Oct - Board meeting Nov 6, 2025 to approve Q2/H1 Sep 30, 2025 results and promoter reclassification request.
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          Announcement under Regulation 30 (LODR)-Press Release / Media Release
          
            29 Oct - Inaugurated Pakhajan R&D centre: ₹23 crore capex, 40 researchers; part of FY26 ₹100 crore capex plan.
 - 
        
          Intimation Of Request Received For Re-Classification By Person Falling Under Promoter Group Under Regulation 31A SEBI (LODR) Regulations, 2015.
          
            28 Oct - Three promoter-group members requested reclassification to public of 10,030 shares (0.08%) via Oct 27, 2025 letters.
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          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            9 Oct - Reg 74(5) compliance certificate: no dematerialisation/rematerialisation requests for quarter ended 30 Sep 2025.
 
Annual reports
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      Financial Year 2025
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      Financial Year 2024
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      Financial Year 2023
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      Financial Year 2022
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      Financial Year 2021
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      Financial Year 2020
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      Financial Year 2019
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      Financial Year 2018
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      Financial Year 2017
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      Financial Year 2016
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      Financial Year 2015
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      Financial Year 2014
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      Financial Year 2013
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Concalls
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      Aug 2025Transcript PPT
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      May 2025Transcript PPT REC
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      Feb 2025Transcript PPT
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      Nov 2024Transcript PPT
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      Aug 2024Transcript PPT REC
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      May 2024TranscriptPPT
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      May 2024Transcript PPT REC
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      Feb 2024TranscriptPPTREC
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      Feb 2024TranscriptNotesPPT REC
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      Nov 2023Transcript PPT REC
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      Aug 2023Transcript PPT
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      May 2023Transcript PPT
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      Feb 2023TranscriptNotesPPT
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      Nov 2022Transcript PPT
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      Nov 2022TranscriptNotesPPT
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      Aug 2022Transcript PPT
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      May 2022Transcript PPT
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      Feb 2022Transcript PPT
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      Nov 2021TranscriptNotesPPT
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      Aug 2021TranscriptNotesPPT
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      Aug 2021TranscriptNotesPPT
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      May 2021TranscriptNotesPPT
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      Feb 2021TranscriptNotesPPT
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      Nov 2020TranscriptNotesPPT
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      Oct 2020TranscriptNotesPPT
 
Company Overview
The company operates in specialty and fine chemicals manufacturing and manufactures 148 products across five business verticals - Food Antioxidants, Aroma Chemicals, Rubber Chemicals, Lubricant Additives, and Specialty Chemicals. It has a customer base across the world, including the USA, Europe, Asia, and the Middle East. [1]