Ashnisha Industries Past Earnings Performance
Past criteria checks 3/6
Ashnisha Industries's earnings have been declining at an average annual rate of -2.3%, while the Electronic industry saw earnings growing at 24.4% annually. Revenues have been declining at an average rate of 48.3% per year. Ashnisha Industries's return on equity is 1.4%, and it has net margins of 6.8%.
Key information
-2.3%
Earnings growth rate
-9.4%
EPS growth rate
| Electronic Industry Growth | 28.8% |
| Revenue growth rate | -48.3% |
| Return on equity | 1.4% |
| Net Margin | 6.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ashnisha Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 151 | 10 | 2 | 0 |
| 30 Sep 23 | 172 | 10 | 2 | 0 |
| 30 Jun 23 | 197 | 12 | 2 | 0 |
| 31 Mar 23 | 196 | 9 | 2 | 0 |
| 31 Dec 22 | 131 | 10 | 2 | 0 |
| 30 Sep 22 | 127 | 13 | 2 | 0 |
| 30 Jun 22 | 100 | 7 | 2 | 0 |
| 31 Mar 22 | 90 | 4 | 2 | 0 |
| 31 Dec 21 | 119 | 1 | 1 | 0 |
| 30 Sep 21 | 112 | -7 | 1 | 0 |
| 30 Jun 21 | 106 | 0 | 1 | 0 |
| 31 Mar 21 | 102 | -7 | 1 | 0 |
| 31 Dec 20 | 66 | -51 | 0 | 0 |
| 30 Sep 20 | 80 | -75 | 1 | 0 |
| 30 Jun 20 | 78 | -80 | 1 | 0 |
| 31 Mar 20 | 268 | -45 | 2 | 0 |
| 31 Dec 19 | 845 | 27 | 3 | 0 |
| 30 Sep 19 | 935 | 63 | 3 | 0 |
| 30 Jun 19 | 942 | 65 | 3 | 0 |
| 31 Mar 19 | 742 | 40 | 2 | 0 |
| 30 Jun 18 | 63 | 0 | 0 | 0 |
| 31 Mar 18 | 118 | -7 | 0 | 0 |
| 31 Mar 17 | 5 | 0 | 0 | 0 |
| 31 Mar 16 | 14 | 0 | 0 | 0 |
Quality Earnings: 541702 has high quality earnings.
Growing Profit Margin: 541702's current net profit margins (6.8%) are lower than last year (7.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 541702 has become profitable over the past 5 years, growing earnings by -2.3% per year.
Accelerating Growth: 541702's earnings growth over the past year (5.4%) exceeds its 5-year average (-2.3% per year).
Earnings vs Industry: 541702 earnings growth over the past year (5.4%) did not outperform the Electronic industry 18.2%.
Return on Equity
High ROE: 541702's Return on Equity (1.4%) is considered low.