Reported Earnings • May 24
Full year 2026 earnings released: ₹0.24 loss per share (vs ₹0.013 loss in FY 2025) Full year 2026 results: ₹0.24 loss per share (further deteriorated from ₹0.013 loss in FY 2025). Net loss: ₹46.7m (loss widened ₹44.3m from FY 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Tillkännagivande • May 18
Ashima Limited to Report Fiscal Year 2026 Results on May 23, 2026 Ashima Limited announced that they will report fiscal year 2026 results at 12:08 PM, Indian Standard Time on May 23, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.12 (vs ₹0.25 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.12 (up from ₹0.25 loss in 3Q 2025). Net income: ₹23.7m (up ₹72.6m from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Tillkännagivande • Feb 05
Ashima Limited to Report Q3, 2026 Results on Feb 13, 2026 Ashima Limited announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Dec 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (₹17m revenue, or US$192k). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹3.74b market cap, or US$41.6m). Reported Earnings • Nov 14
Second quarter 2026 earnings released: ₹0.15 loss per share (vs ₹0.11 profit in 2Q 2025) Second quarter 2026 results: ₹0.15 loss per share (down from ₹0.11 profit in 2Q 2025). Net loss: ₹29.3m (down 236% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. Tillkännagivande • Nov 07
Ashima Limited to Report Q2, 2026 Results on Nov 13, 2025 Ashima Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 13
First quarter 2026 earnings released: ₹0.035 loss per share (vs ₹0.054 profit in 1Q 2025) First quarter 2026 results: ₹0.035 loss per share (down from ₹0.054 profit in 1Q 2025). Net loss: ₹6.80m (down 162% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 21% per year. Tillkännagivande • Aug 09
Ashima Limited to Report Q1, 2026 Results on Aug 12, 2025 Ashima Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Tillkännagivande • Jul 14
Ashima Limited, Annual General Meeting, Aug 07, 2025 Ashima Limited, Annual General Meeting, Aug 07, 2025, at 11:30 Indian Standard Time. Reported Earnings • May 26
Full year 2025 earnings released: ₹0.013 loss per share (vs ₹5.03 profit in FY 2024) Full year 2025 results: ₹0.013 loss per share (down from ₹5.03 profit in FY 2024). Net loss: ₹2.50m (down 100% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 38% per year. Tillkännagivande • May 19
Ashima Limited to Report Q4, 2025 Results on May 24, 2025 Ashima Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 24, 2025 Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹25.98, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹21.65, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 40% over the past three years. New Risk • Mar 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Market cap is less than US$100m (₹3.63b market cap, or US$41.7m). Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹19.01, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 21% over the past three years. Reported Earnings • Feb 14
Third quarter 2025 earnings released: ₹0.25 loss per share (vs ₹0.18 profit in 3Q 2024) Third quarter 2025 results: ₹0.25 loss per share (down from ₹0.18 profit in 3Q 2024). Revenue: ₹30.8m (down 96% from 3Q 2024). Net loss: ₹48.9m (down 240% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 08
Ashima Limited to Report Q3, 2025 Results on Feb 13, 2025 Ashima Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹6.35b market cap, or US$72.5m). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹32.98, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 87% over the past three years. Tillkännagivande • Jan 24
Ashima Limited Announces Resignation of Mr. Shrikant Pareek as Whole Time Director (Director - Operations), Effective March 31, 2025 Ashima Limited announced that Mr. Shrikant Pareek (DIN: 02139143) has tendered his resignation on as Whole Time Director (Director - Operations) and Key Managerial Personnel with effect from 31st March, 2025 due to personal reasons. Mr. Shrikant Pareek, a Whole Time Director (Director - Operations) and Key Managerial Personnel of the Company, has tendered his resignation with effect from 31st March, 2025 for personal reasons and there are no other material reasons for his resignation as mentioned in his resignation. Board Change • Dec 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Nilesh Mehta was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 09
Ashima Limited to Report Q2, 2025 Results on Nov 13, 2024 Ashima Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Tillkännagivande • Sep 12
Ashima Limited Approves the Proposal for Closure of the Cotton Textile Operations Ashima Limited at its board meeting held on September 11, 2024 has considered and approved the proposal for closure of the cotton textile operations of the Company subject to approvals and compliances under various regulations as required. The closure of operations is expected to be completed within a period of about 2 months. The cotton textile operations of the Company were set up in 1990's by taking over an existing textile mill, which belonged to a large textiles group. The mill that was acquired was in existence on the land since 1940. Over a period of last 70 years, the existing textile complex is now surrounded by residential neighbourhood in the heart of the city of Ahmedabad. Hence, running of the cotton textile operations have been getting interrupted frequently, coming into conflict with the neighbourhood. Also, the existing cotton textile operations have not remained competitive and cost effective in the market. In fact, the cotton textile operations have been making losses for the past several years, draining the resources of the Company. In view of the above facts, the Company has decided to shut down its cotton textile operations on the existing land complex. On the other hand, the company has decided to explore new domains with high technology barriers of technical textiles on the existing land complex. With the closure of the cotton textile operations, the Company will be able to focus on its profitable businesses of real estate and investment activity and will explore the possibilities of high technology technical textiles area. This will enhance value for all the stakeholders of the Company. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹33.94, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 89% over the past three years. Tillkännagivande • Aug 08
Ashima Limited Appoints Harshil K. Shah as Company Secretary & Compliance Officer, Effective August 20, 2024 Ashima Limited at its meeting held on August 8, 2024, has, based on the recommendations of the Nomination and Remunerations on Committee, approved the appointment of Mr. Harshil K. Shah (Membership No: A71884) as Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company with effect from 20th August, 2024. Brief profile of Mr. Harshil K. Shah is as under: Mr. Harshil K. Shah has a Bachelor's degree in Commerce and a Bachelor's degree in Law. He is an Associate Member of the Institute of Company Secretaries of India. He has an overall experience of 3 years and possesses the requisite qualification as prescribed under the Companies (Appointment and Qualifications of Secretary) Rules, 1988. Tillkännagivande • Aug 05
Ashima Limited to Report Q1, 2025 Results on Aug 08, 2024 Ashima Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • Jul 25
Full year 2024 earnings released: EPS: ₹5.03 (vs ₹0.40 loss in FY 2023) Full year 2024 results: EPS: ₹5.03 (up from ₹0.40 loss in FY 2023). Revenue: ₹3.29b (up 59% from FY 2023). Net income: ₹963.8m (up ₹1.04b from FY 2023). Profit margin: 29% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 24
Ashima Limited, Annual General Meeting, Aug 17, 2024 Ashima Limited, Annual General Meeting, Aug 17, 2024, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹44.90, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹30.65, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 26x in the Luxury industry in India. Total returns to shareholders of 52% over the past three years. Reported Earnings • May 27
Full year 2024 earnings released: EPS: ₹5.03 (vs ₹0.40 loss in FY 2023) Full year 2024 results: EPS: ₹5.03 (up from ₹0.40 loss in FY 2023). Revenue: ₹3.31b (up 60% from FY 2023). Net income: ₹963.8m (up ₹1.04b from FY 2023). Profit margin: 29% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 20
Ashima Limited to Report Q4, 2024 Results on May 25, 2024 Ashima Limited announced that they will report Q4, 2024 results at 12:08 PM, Indian Standard Time on May 25, 2024 New Risk • Apr 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (₹4.11b market cap, or US$49.3m). Tillkännagivande • Apr 12
Ashima Limited Announces Resignation of Shweta Sultania as Company Secretary & Compliance Officer, Effective May 31, 2024 Ashima Limited announced that Ms Shweta Sultania has resigned from the post of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company by submitting her resignation letter dated 11th April, 2024. The Company has accepted her decision to resign and she will be relieved from the services of the Company with effect from the close of working hours on 31st May, 2024. Her resignation will be taken on record by the Board of Directors at the ensuing Board Meeting of the Company. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹0.18 (vs ₹0.15 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.18 (up from ₹0.15 loss in 3Q 2023). Revenue: ₹790.8m (up 36% from 3Q 2023). Net income: ₹34.9m (up ₹63.3m from 3Q 2023). Profit margin: 4.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 02
Ashima Limited to Report Q3, 2024 Results on Feb 08, 2024 Ashima Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 03
Second quarter 2024 earnings released: ₹0.071 loss per share (vs ₹0.023 loss in 2Q 2023) Second quarter 2024 results: ₹0.071 loss per share (further deteriorated from ₹0.023 loss in 2Q 2023). Revenue: ₹512.0m (up 8.8% from 2Q 2023). Net loss: ₹12.9m (loss widened 269% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 28
Ashima Limited to Report Q2, 2023 Results on Nov 02, 2023 Ashima Limited announced that they will report Q2, 2023 results on Nov 02, 2023 New Risk • Oct 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹2.78b market cap, or US$33.3m). Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Executive Director Krishnachintan Parikh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 27
Ashima Limited Appoints Jayesh C Bhayani as Chief Financial Officer Ashima Limited informed that the Board of Directors of the Company at its meeting held on 26th July, 2023, has appointed Mr. Jayesh C Bhayani as Chief Financial Officer (CFO) and as Key Managerial Personnel (KMP) of the Company with effect from 26.07.2023. Mr. Jayesh C Bhayani is a Chartered Accountant and is working with the Company since last 32 years in various positions. Before his appointment as a CFO of the Company, he was working in the company as Vice President (Taxation and Accounts). He has rich experience and exposure in the field of internal audit, management audit, direct taxation, operational finance, corporate planning and compliance with various statutes and regulations applicable to the company in the field of corporate laws and taxation. Reported Earnings • Jul 27
First quarter 2024 earnings released: ₹0.079 loss per share (vs ₹0.07 profit in 1Q 2023) First quarter 2024 results: ₹0.079 loss per share (down from ₹0.07 profit in 1Q 2023). Revenue: ₹536.5m (down 15% from 1Q 2023). Net loss: ₹15.6m (down 211% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 24
Ashima Limited, Annual General Meeting, Aug 25, 2023 Ashima Limited, Annual General Meeting, Aug 25, 2023, at 11:30 Indian Standard Time. Tillkännagivande • Jun 29
Ashima Limited Announces Resignation of Hiren S Mahadevia as Chief Financial Officer Ashima Limited informed that Mr. Hiren S Mahadevia has resigned from the position of Chief Financial Officer (CFO) of the Company by submitting his resignation letter dated 27th June, 2023. He will cease to be CFO of the Company with effect from the close of working hours on 30th June, 2023. He will continue his association with the company as Management Advisor to the top management. His resignation will be taken on record by the Board of Directors at the upcoming Board Meeting of the Company. Reported Earnings • May 18
Full year 2023 earnings released: ₹0.41 loss per share (vs ₹1.35 profit in FY 2022) Full year 2023 results: ₹0.41 loss per share (down from ₹1.35 profit in FY 2022). Revenue: ₹2.11b (up 1.6% from FY 2022). Net loss: ₹76.9m (down 130% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 10
Ashima Limited to Report Q4, 2023 Results on May 16, 2023 Ashima Limited announced that they will report Q4, 2023 results on May 16, 2023 Reported Earnings • Feb 05
Third quarter 2023 earnings released: ₹0.15 loss per share (vs ₹0.10 loss in 3Q 2022) Third quarter 2023 results: ₹0.15 loss per share (further deteriorated from ₹0.10 loss in 3Q 2022). Revenue: ₹581.6m (down 15% from 3Q 2022). Net loss: ₹28.4m (loss widened 46% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 28
Ashima Limited to Report Q3, 2023 Results on Feb 03, 2023 Ashima Limited announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.023 loss per share (vs ₹0.02 loss in 2Q 2022) Second quarter 2023 results: ₹0.023 loss per share (further deteriorated from ₹0.02 loss in 2Q 2022). Revenue: ₹492.6m (down 10% from 2Q 2022). Net loss: ₹3.50m (flat on 2Q 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 05
Ashima Limited to Report Q2, 2022 Results on Nov 12, 2022 Ashima Limited announced that they will report Q2, 2022 results on Nov 12, 2022 Reported Earnings • Aug 04
Full year 2022 earnings released: EPS: ₹1.35 (vs ₹0.13 in FY 2021) Full year 2022 results: EPS: ₹1.35 (up from ₹0.13 in FY 2021). Revenue: ₹2.07b (up 100% from FY 2021). Net income: ₹258.5m (up ₹233.3m from FY 2021). Profit margin: 13% (up from 2.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 30
Ashima Limited to Report Q1, 2023 Results on Aug 06, 2022 Ashima Limited announced that they will report Q1, 2023 results on Aug 06, 2022 Tillkännagivande • Jul 23
Ashima Limited, Annual General Meeting, Aug 25, 2022 Ashima Limited, Annual General Meeting, Aug 25, 2022, at 11:30 Indian Standard Time. Tillkännagivande • Jul 16
Ashima Limited Announces Company Secretary and Compliance Officer Changes Ashima Limited announced that Shweta Sultania appointed as the Company Secretary and Compliance Officer of the company with effect from July 15, 2022, has joined her duties from July 15, 2022. Dipak Thaker has ceased to be the Company Secretary and Compliance Officer of the Company with effect from July 15, 2022 upon his retiring from services of the Company and upon joining of Shweta Sultania, Company Secretary and Compliance officer. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 20% share price gain to ₹13.89, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 50% over the past three years. Tillkännagivande • May 15
Ashima Limited Announces Change of Company Secretary and Compliance Officer Ashima Limited announced that based on the recommendation of the Nomination and Remuneration Committee (NRC), the Board of Directors of the company has at its meeting held on 14 May, 2022 has considered and approved the appointment of Ms. Shweta Sultania as Company Secretary and Compliance Officer of the company with effect from July 15, 2022. Mr. Dipak Thaker, the present Company Secretary & Compliance Officer, who would be retiring from the services of the Company would relinquish his position as Company Secretary upon joining by the new appointee Ms. Shweta Sultania. Tillkännagivande • May 07
Ashima Limited to Report Q4, 2022 Results on May 14, 2022 Ashima Limited announced that they will report Q4, 2022 results on May 14, 2022 Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.10 loss per share (up from ₹0.11 loss in 3Q 2021). Revenue: ₹682.9m (up 40% from 3Q 2021). Net loss: ₹19.5m (loss narrowed 7.6% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 27
Second quarter 2022 earnings released: ₹0.02 loss per share (vs ₹0.21 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹566.9m (up 58% from 2Q 2021). Net loss: ₹3.50m (loss narrowed 91% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 30
Ashima Limited Temporarily Suspends the Yarn Dyeing and Weaving Operations of Its Spinfab Division for the Current Financial Year from June 1, 2021 Ashima Limited informed that in view of the current pandemic situation, and the market dynamics of the yarn dyed fabrics market, the company has deemed it prudent to temporarily suspend the yarn dyeing and weaving operations of its Spinfab Division for the current financial year from 1st June 2021. once normalcy returns, the Company will take a decision on resuming operations of the Division and update the stakeholders about the same. Is New 90 Day High Low • Feb 25
New 90-day high: ₹14.49 The company is up 31% from its price of ₹11.03 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 14% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: ₹0.11 loss per share (vs ₹0.03 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹486.6m (down 13% from 3Q 2020). Net loss: ₹21.1m (loss widened 428% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jan 29
Ashima Limited to Report Q3, 2021 Results on Feb 06, 2021 Ashima Limited announced that they will report Q3, 2021 results on Feb 06, 2021 Is New 90 Day High Low • Dec 12
New 90-day high: ₹13.66 The company is up 65% from its price of ₹8.28 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 22% over the same period. Is New 90 Day High Low • Nov 23
New 90-day high: ₹9.48 The company is up 38% from its price of ₹6.85 on 25 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 14% over the same period. Tillkännagivande • Oct 31
Ashima Limited to Report Q2, 2021 Results on Nov 07, 2020 Ashima Limited announced that they will report Q2, 2021 results on Nov 07, 2020 Tillkännagivande • Sep 04
Ashima Limited to Report Q1, 2021 Results on Sep 11, 2020 Ashima Limited announced that they will report Q1, 2021 results on Sep 11, 2020 Tillkännagivande • Jul 25
Ashima Limited to Report Q4, 2020 Results on Jul 30, 2020 Ashima Limited announced that they will report Q4, 2020 results on Jul 30, 2020 
