Share Price & News
How has Ashima's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 514286's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 514286 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 514286 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Ashima's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Ashima undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 514286's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 514286's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 514286 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 514286 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 514286's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 514286 is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).
How is Ashima forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ashima has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Ashima's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Ashima competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Ashima performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 514286 is currently unprofitable.
Growing Profit Margin: 514286 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 514286 is unprofitable, but has reduced losses over the past 5 years at a rate of 34.5% per year.
Accelerating Growth: Unable to compare 514286's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 514286 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.5%).
Return on Equity
High ROE: 514286 has a negative Return on Equity (-5.88%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Ashima's financial position?
Financial Position Analysis
Short Term Liabilities: 514286's short term assets (₹1.3B) exceed its short term liabilities (₹363.0M).
Long Term Liabilities: 514286's short term assets (₹1.3B) exceed its long term liabilities (₹207.3M).
Debt to Equity History and Analysis
Debt Level: 514286's debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: 514286 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Inventory Level: 514286 has a high level of physical assets or inventory.
Debt Coverage by Assets: 514286's debt is covered by short term assets (assets are 6.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 514286 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 514286 has been profitable on average in the past, therefore cash runway is not a concern.
What is Ashima's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 514286's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 514286's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 514286's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 514286's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 514286's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chintan Parikh (62yo)
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 be ...
|Chairman & MD||15yrs||no data||0.14% ₹1.2m|
|Independent Director||13.8yrs||₹39.00k||0.0027% ₹22.5k|
|Non-Executive Independent Director||3.5yrs||₹52.00k||no data|
|Independent Director||5.2yrs||₹69.00k||no data|
|Additional Non-Executive Independent Director||1.3yrs||₹23.00k||no data|
|Additional Non- Executive Non-Independent Director||0.8yrs||no data||no data|
Experienced Board: 514286's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ashima Limited's company bio, employee growth, exchange listings and data sources
- Name: Ashima Limited
- Ticker: 514286
- Exchange: BSE
- Founded: 1982
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹847.796m
- Shares outstanding: 128.45m
- Website: https://www.ashima.in
Number of Employees
- Ashima Limited
- Texcellence Complex
- Near Anupam Cinema
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514286||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 1995|
|ASHIMASYN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 1995|
Ashima Limited manufactures and sells textile and related products in India. It offers denim fabrics and yarn dyed cotton fabrics; and piece dyed and printed fabrics. The company also offers a 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 founded in 1982 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:36|
|End of Day Share Price||2020/02/17 00:00|
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.