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Asahi India Glas

  • Market Cap: Mid Cap
  • Industry: Glass
  • ISIN: INE439A01020
  • NSEID: ASAHIINDIA
  • BSEID: 515030
INR
653.65
33.05 (5.33%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.8 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

623.15659.35

52 Week

539.60833.00
Valuation
Technical
Day's Volume

CASH

2.8 lacs (674.43%) Volume

Shareholding (Dec 2024)

FII

4.19%

Held by 94 FIIs

DII

1.62%

Held by 4 DIIs

Promoter

54.23%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 10.31% and Operating profit at 10.66% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROCE of 11.9, it has a Expensive valuation with a 3.7 Enterprise value to Capital Employed

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Glass

stock-summary
Market cap

INR 15,890 Cr (Mid Cap)

stock-summary
P/E

46.00

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

0.32%

stock-summary
Debt Equity

0.88

stock-summary
Return on Equity

12.55%

stock-summary
Price to Book

6.09

Revenue and Profits (1 Year):
Net Sales:
1,124 Cr
(Quarterly Results - Dec 2024)
Net Profit:
105 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.32%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-11.13%
0%
-11.13%
1 Year
9.07%
0.33%
9.4%
2 Years
45.21%
0.81%
46.02%
3 Years
36.85%
1.56%
38.41%
4 Years
98.83%
2.30%
101.13%
5 Years
299.3%
4.99%
304.29%

Latest dividend: 2 per share ex-dividend date: Aug-28-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
10.31%
EBIT Growth (5y)
10.66%
EBIT to Interest (avg)
4.24
Debt to EBITDA (avg)
2.58
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.02
Tax Ratio
28.59%
Dividend Payout Ratio
14.82%
Pledged Shares
3.41%
Institutional Holding
5.81%
ROCE (avg)
15.33%
ROE (avg)
14.74%
Valuation key factors
Factor
Value
P/E Ratio
46
Industry P/E
33
Price to Book Value
6.09
EV to EBIT
30.85
EV to EBITDA
23.01
EV to Capital Employed
3.72
EV to Sales
3.82
PEG Ratio
24.23
Dividend Yield
0.32%
ROCE (Latest)
11.85%
ROE (Latest)
12.55%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

3.4135

Mutual Funds

Held by 19 Schemes (1.58%)

FIIs

Held by 94 FIIs (4.19%)

Promoter with highest holding

Asahi Glass Co., Ltd (22.21%)

Highest Public shareholder

Nemish S Shah (4.57%)

Individual Investors Holdings

19.61%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -2.88% vs 2.21% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 10.39% vs 22.43% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,124.30",
          "val2": "1,157.68",
          "chgp": "-2.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "175.41",
          "val2": "212.53",
          "chgp": "-17.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "32.05",
          "val2": "31.17",
          "chgp": "2.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "31.83",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "105.40",
          "val2": "95.48",
          "chgp": "10.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.59%",
          "val2": "18.42%",
          "chgp": "-2.83%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 3.72% vs 14.00% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -9.04% vs -10.07% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,290.34",
          "val2": "2,208.13",
          "chgp": "3.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "393.94",
          "val2": "394.31",
          "chgp": "-0.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "63.46",
          "val2": "68.73",
          "chgp": "-7.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "173.47",
          "val2": "190.70",
          "chgp": "-9.04%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.29%",
          "val2": "17.96%",
          "chgp": "-0.67%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 5.01% vs 10.36% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.77% vs -14.16% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,414.64",
          "val2": "3,251.71",
          "chgp": "5.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "569.35",
          "val2": "557.66",
          "chgp": "2.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "95.51",
          "val2": "103.05",
          "chgp": "-7.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "31.83",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "278.87",
          "val2": "254.06",
          "chgp": "9.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.67%",
          "val2": "17.15%",
          "chgp": "-0.48%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 8.41% vs 26.65% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -10.11% vs 5.83% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,356.72",
          "val2": "4,018.92",
          "chgp": "8.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "738.08",
          "val2": "795.01",
          "chgp": "-7.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "135.89",
          "val2": "104.61",
          "chgp": "29.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "327.98",
          "val2": "364.88",
          "chgp": "-10.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.09%",
          "val2": "19.84%",
          "chgp": "-2.75%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,124.30
1,157.68
-2.88%
Operating Profit (PBDIT) excl Other Income
175.41
212.53
-17.47%
Interest
32.05
31.17
2.82%
Exceptional Items
31.83
0.00
Consolidate Net Profit
105.40
95.48
10.39%
Operating Profit Margin (Excl OI)
15.59%
18.42%
-2.83%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -2.88% vs 2.21% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 10.39% vs 22.43% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,290.34
2,208.13
3.72%
Operating Profit (PBDIT) excl Other Income
393.94
394.31
-0.09%
Interest
63.46
68.73
-7.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
173.47
190.70
-9.04%
Operating Profit Margin (Excl OI)
17.29%
17.96%
-0.67%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 3.72% vs 14.00% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -9.04% vs -10.07% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,414.64
3,251.71
5.01%
Operating Profit (PBDIT) excl Other Income
569.35
557.66
2.10%
Interest
95.51
103.05
-7.32%
Exceptional Items
31.83
0.00
Consolidate Net Profit
278.87
254.06
9.77%
Operating Profit Margin (Excl OI)
16.67%
17.15%
-0.48%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 5.01% vs 10.36% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 9.77% vs -14.16% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
4,356.72
4,018.92
8.41%
Operating Profit (PBDIT) excl Other Income
738.08
795.01
-7.16%
Interest
135.89
104.61
29.90%
Exceptional Items
0.00
0.00
Consolidate Net Profit
327.98
364.88
-10.11%
Operating Profit Margin (Excl OI)
17.09%
19.84%
-2.75%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 8.41% vs 26.65% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -10.11% vs 5.83% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Asahi India Glass Ltd stock-summary
stock-summary
Asahi India Glass Ltd
Mid Cap
Glass
Asahi India Glass Limited (AIS) is a leading integrated glass solutions provider, offering a wide range of products across Automotive, Architectural and Consumer Glass segments. The Company is engaged in the business of manufacturing of Auto Glass, Float Glass and other value added Glasses. Asahi India Glass Ltd was incorporated in the year 1984 as Indian Auto Safety Glasses. The Company was promoted as a Joint Venture by Maruti Udyog, Asahi Glass Company, Japan and B M Labroo and Associates.
Company Coordinates stock-summary
Company Details
Unit 203 to 208 Ishwar Nagar, Tribhuwan Complex Mathura Road New Delhi New Delhi : 110065
stock-summary
Tel: 91-011-49454900
stock-summary
http://www.aisglass.com
stock-summary
investorrelations@aisglass.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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