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Ashima

BSE:514286
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
514286
BSE
₹1B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Ashima Limited manufactures and sells textile and related products primarily in India. The last earnings update was 68 days ago. More info.


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  • Ashima has significant price volatility in the past 3 months.
514286 Share Price and Events
7 Day Returns
-0.3%
BSE:514286
1.4%
IN Luxury
1.7%
IN Market
1 Year Returns
-63.9%
BSE:514286
-3.3%
IN Luxury
0.1%
IN Market
514286 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ashima (514286) -0.3% -10.7% -31.2% -63.9% -8.4% 191.2%
IN Luxury 1.4% 2% 8.4% -3.3% 47.7% 164.2%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 514286 underperformed the Luxury industry which returned -3.3% over the past year.
  • 514286 underperformed the Market in India which returned 0.1% over the past year.
Price Volatility
514286
Industry
5yr Volatility vs Market
Related Companies

514286 Value

 Is Ashima undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ashima. This is due to cash flow or dividend data being unavailable. The share price is ₹11.56.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ashima's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ashima's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:514286 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹1.28
NSEI:ASHIMASYN Share Price ** NSEI (2019-04-18) in INR ₹11.65
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.35x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ashima.

BSE:514286 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:ASHIMASYN Share Price ÷ EPS (both in INR)

= 11.65 ÷ 1.28

9.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashima is good value based on earnings compared to the IN Luxury industry average.
  • Ashima is good value based on earnings compared to the India market.
Price based on expected Growth
Does Ashima's expected growth come at a high price?
Raw Data
BSE:514286 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
4%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.57x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ashima, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ashima's assets?
Raw Data
BSE:514286 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹13.90
NSEI:ASHIMASYN Share Price * NSEI (2019-04-18) in INR ₹11.65
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:514286 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:ASHIMASYN Share Price ÷ Book Value per Share (both in INR)

= 11.65 ÷ 13.90

0.84x

* Primary Listing of Ashima.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashima is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Ashima's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Ashima has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

514286 Future Performance

 How is Ashima expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ashima, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ashima expected to grow at an attractive rate?
  • Ashima's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Ashima's earnings growth is positive but not above the India market average.
  • Unable to compare Ashima's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:514286 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:514286 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 4%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.2%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:514286 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:514286 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 2,780 164
2018-09-30 2,650 970
2018-06-30 2,492 1,574
2018-03-31 2,300 -84 1,265
2017-12-31 2,208 1,503
2017-09-30 2,035 948
2017-06-30 1,967 246
2017-03-31 1,929 -124 272
2016-12-31 1,945 -253
2016-09-30 2,005 -281
2016-06-30 2,057 -246
2016-03-31 2,137 70 -236

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ashima's earnings are expected to grow by 4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Ashima is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:514286 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ashima Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514286 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 1.28
2018-09-30 7.54
2018-06-30 12.28
2018-03-31 9.85
2017-12-31 11.72
2017-09-30 7.38
2017-06-30 1.91
2017-03-31 2.28
2016-12-31 -2.63
2016-09-30 -3.83
2016-06-30 -4.97
2016-03-31 -7.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ashima will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ashima's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ashima has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

514286 Past Performance

  How has Ashima performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ashima's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ashima has delivered over 20% year on year earnings growth in the past 5 years.
  • Ashima's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ashima's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Ashima's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ashima Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514286 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,780.20 164.20 361.80
2018-09-30 2,649.61 969.80 356.20
2018-06-30 2,492.40 1,573.60 352.30
2018-03-31 2,299.70 1,264.80 340.30
2017-12-31 2,207.83 1,503.20 329.50
2017-09-30 2,034.94 947.94 323.93
2017-06-30 1,967.28 245.97 374.31
2017-03-31 1,929.20 272.30 374.00
2016-12-31 1,945.09 -253.33 381.42
2016-09-30 2,005.45 -281.10 429.93
2016-06-30 2,057.18 -245.56 389.43
2016-03-31 2,136.72 -235.58 398.76
2015-12-31 2,245.83 -228.31 455.48
2015-09-30 2,418.35 -175.36 419.80
2015-06-30 2,548.10 -187.47 349.98
2015-03-31 2,716.21 -185.48 348.01
2014-12-31 2,777.07 -215.59 450.47
2014-09-30 2,729.41 -232.62 448.20
2014-06-30 2,702.67 -120.76 352.57
2014-03-31 2,691.24 -151.89 440.02
2013-12-31 2,729.43 -118.65 399.83
2013-09-30 2,740.49 -123.22 398.88
2013-06-30 2,746.81 -106.55 335.86
2013-03-31 2,687.32 -162.97 391.01
2012-12-31 2,612.79 -180.18 365.61
2012-09-30 2,472.86 -181.58 350.26
2012-06-30 2,506.15 -172.19 405.37

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ashima has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ashima used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • It is difficult to establish if Ashima improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ashima's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ashima has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

514286 Health

 How is Ashima's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ashima's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ashima is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ashima's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ashima's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ashima Company Filings, last reported 3 months ago.

BSE:514286 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,832.00 226.80 209.20
2018-09-30 1,832.00 226.80 209.20
2018-06-30 1,602.70 289.30 81.70
2018-03-31 1,602.70 289.30 81.70
2017-12-31 868.32 777.41 92.73
2017-09-30 868.32 777.41 92.73
2017-06-30 583.56 737.73 115.89
2017-03-31 538.50 782.80 115.90
2016-12-31 180.34 1,389.65 52.19
2016-09-30 180.34 1,389.65 52.19
2016-06-30 191.60 1,557.94 120.48
2016-03-31 191.60 1,557.94 120.48
2015-12-31 -2,802.40 5,511.70 31.99
2015-09-30 -2,802.40 5,511.70 31.99
2015-06-30 -2,686.66 5,397.23 74.91
2015-03-31 -2,686.66 5,397.23 74.91
2014-12-31 -2,696.32 4,936.25 74.59
2014-09-30 -2,696.32 4,936.25 74.59
2014-06-30 -2,570.46 4,680.92 61.96
2014-03-31 -2,570.46 4,680.92 61.96
2013-12-31 -2,486.31 4,680.89 61.93
2013-09-30 -2,486.31 4,680.89 61.93
2013-06-30 -2,441.17 4,681.09 49.93
2013-03-31 -2,441.17 4,681.09 49.93
2012-12-31 -2,386.53 4,695.81 54.51
2012-09-30 -2,386.53 4,695.81 54.51
2012-06-30 -2,301.66 4,705.73 67.35
  • Ashima's level of debt (12.4%) compared to net worth is satisfactory (less than 40%).
  • Ashima had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Ashima's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Ashima's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ashima has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

514286 Dividends

 What is Ashima's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ashima dividends.
If you bought ₹2,000 of Ashima shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ashima's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ashima's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:514286 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ashima has not reported any payouts.
  • Unable to verify if Ashima's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ashima's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ashima has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ashima's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ashima afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ashima has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

514286 Management

 What is the CEO of Ashima's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chintan Parikh
COMPENSATION ₹0
AGE 61
TENURE AS CEO 14.2 years
CEO Bio

Mr. Chintan Navnit Parikh is the founder and serves as the Chairman of the Board and Chief Executive Officer of Ashima Dyecot/Syntex. Mr. Parikh serves as the Chairman of the Board of Ashima Ltd and has been its Managing Director since February 2005. Mr. Parikh serves as Managing Director of Ashima Dyecot Limited. He has been a Director of Ashima Ltd since June 17, 1982. He has 27 years of experience in the textile industry. He has tremendous foresight, unique business acumen, vision and capabilities for conceptualisation of new projects and their implementation. Mr. Parikh serves as the Chairman of Nachmo Knitex Limited. His philosophy of “Texcellence” meaning thereby “Excellence in Textiles” has become a way of life at group Ashima. Mr. Parikh is a doctoral student of IIMA in the areas of finance and accounts. Mr. Parikh is a management graduate, with specialisation in the areas of finance and accounts from India Institute of Management (IIM), Ahmedabad.

CEO Compensation
  • Chintan's compensation has been consistent with company performance over the past year.
  • Chintan's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure of the Ashima management team in years:

4.3
Average Tenure
  • The tenure for the Ashima management team is about average.
Management Team

Chintan Parikh

TITLE
Chairman & MD
AGE
61
TENURE
14.2 yrs

Krishnachintan Parikh

TITLE
Executive Director
AGE
27
TENURE
1.8 yrs

Jayesh Bhayani

TITLE
Chief Financial Officer
TENURE
4.3 yrs

Hiren Mahadevia

TITLE
Compliance Officer & Company Secretary

Shrikant Pareek

TITLE
Chief Commercial Officer
Board of Directors Tenure

Average tenure and age of the Ashima board of directors in years:

2.6
Average Tenure
57
Average Age
  • The average tenure for the Ashima board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chintan Parikh

TITLE
Chairman & MD
AGE
61

Krishnachintan Parikh

TITLE
Executive Director
AGE
27
TENURE
1.8 yrs

Bakul Dholakia

TITLE
Non-Executive Independent Director
COMPENSATION
₹39K
AGE
69
TENURE
13 yrs

Koushlya Melwani

TITLE
Non-Executive Non Independent Director
COMPENSATION
₹66K
AGE
57
TENURE
4.3 yrs

Atul Singh

TITLE
Independent Director
COMPENSATION
₹43K
AGE
57
TENURE
2.5 yrs

Neeraj Golas

TITLE
Non-Executive Independent Director
COMPENSATION
₹49K
AGE
50
TENURE
2.7 yrs

Sanjay Majmudar

TITLE
Independent Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Ashima's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ashima has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

514286 News

Simply Wall St News

514286 Company Info

Description

Ashima Limited manufactures and sells textile and related products primarily in India. It offers denim fabrics and yarn dyed cotton fabrics. The company also offers range of shirts and jeans for men and women, as well as provides ready-to-stitch trouser and shirt fabric packs for men. It sells its products under the Frank Jefferson and Icon brands. The company also exports its products to approximately 45 countries. Ashima Limited was incorporated in 1982 and is based in Ahmedabad, India.

Details
Name: Ashima Limited
514286
Exchange: BSE
Founded: 1982
₹1,496,487,655
128,453,876
Website: http://www.ashima.in
Address: Ashima Limited
Texcellence Complex,
Near Anupam Cinema,
Ahmedabad,
Gujarat, 380021,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI ASHIMASYN Equity Shares National Stock Exchange of India IN INR 27. Jul 1995
BSE 514286 Equity Shares Mumbai Stock Exchange IN INR 27. Jul 1995
Number of employees
Current staff
Staff numbers
596
Ashima employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:34
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/09
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.