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Asahi Songwon

Part of MojoOne Strategy
  • Market Cap: Micro Cap
  • Industry: Dyes & Pigments
  • ISIN: INE228I01012
  • NSEID: ASAHISONG
  • BSEID: 532853
INR
344.55
10.05 (3.0%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 8.95 k

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

338.00350.00

52 Week

257.00588.85
Valuation
Technical
Day's Volume

CASH

8.95 k (4.65%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 1 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

66.83%

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

Weak Long Term Fundamental Strength with a -6.64% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.78 times
  • The company has been able to generate a Return on Equity (avg) of 5.28% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Mildly Bearish range

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

Dyes & Pigments

stock-summary
Market cap

INR 406 Cr (Micro Cap)

stock-summary
P/E

27.00

stock-summary
Industry P/E

25

stock-summary
Dividend Yield

0.15%

stock-summary
Debt Equity

0.79

stock-summary
Return on Equity

4.21%

stock-summary
Price to Book

1.62

Revenue and Profits (1 Year):
Net Sales:
134 Cr
(Quarterly Results - Dec 2024)
Net Profit:
3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.15%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-28.26%
0%
-28.26%
1 Year
3.59%
0.14%
3.73%
2 Years
67.75%
0.49%
68.24%
3 Years
12.14%
0.51%
12.65%
4 Years
-0.56%
1.34%
0.78%
5 Years
278.83%
5.20%
284.03%

Latest dividend: 0.5 per share ex-dividend date: Sep-20-2024

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)
19.30%
EBIT Growth (5y)
-6.64%
EBIT to Interest (avg)
5.48
Debt to EBITDA (avg)
2.34
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.11
Tax Ratio
36.28%
Dividend Payout Ratio
2.94%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
6.26%
ROE (avg)
5.28%
Valuation key factors
Factor
Value
P/E Ratio
27
Industry P/E
25
Price to Book Value
1.62
EV to EBIT
20.05
EV to EBITDA
12.24
EV to Capital Employed
1.34
EV to Sales
1.09
PEG Ratio
0.14
Dividend Yield
0.15%
ROCE (Latest)
5.29%
ROE (Latest)
4.21%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
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

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.0%)

Promoter with highest holding

Mrugesh Jaykrishna Family Trust - I (43.93%)

Highest Public shareholder

Dic Corporation (7.34%)

Individual Investors Holdings

18.39%

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 -5.57% vs 5.46% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -19.27% vs -25.73% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "133.72",
          "val2": "141.61",
          "chgp": "-5.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.88",
          "val2": "13.49",
          "chgp": "-11.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.36",
          "val2": "4.31",
          "chgp": "1.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3.10",
          "val2": "3.84",
          "chgp": "-19.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.88%",
          "val2": "9.53%",
          "chgp": "-0.65%",
          "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 39.25% vs -31.83% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -52.35% vs 217.82% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "275.88",
          "val2": "198.12",
          "chgp": "39.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "27.23",
          "val2": "4.51",
          "chgp": "503.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.27",
          "val2": "6.13",
          "chgp": "34.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "25.80",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "9.01",
          "val2": "18.91",
          "chgp": "-52.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.87%",
          "val2": "2.28%",
          "chgp": "7.59%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "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 36.41% vs -21.91% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -32.31% vs 1,368.79% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "409.60",
          "val2": "300.27",
          "chgp": "36.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "39.11",
          "val2": "9.48",
          "chgp": "312.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.63",
          "val2": "8.87",
          "chgp": "42.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "25.80",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "12.11",
          "val2": "17.89",
          "chgp": "-32.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.55%",
          "val2": "3.16%",
          "chgp": "6.39%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "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 -15.52% vs 21.47% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 272.10% vs -160.18% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "426.24",
          "val2": "504.55",
          "chgp": "-15.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "18.26",
          "val2": "5.28",
          "chgp": "245.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.55",
          "val2": "14.02",
          "chgp": "-10.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "25.61",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "20.05",
          "val2": "-11.65",
          "chgp": "272.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.28%",
          "val2": "1.05%",
          "chgp": "3.23%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
133.72
141.61
-5.57%
Operating Profit (PBDIT) excl Other Income
11.88
13.49
-11.93%
Interest
4.36
4.31
1.16%
Exceptional Items
0.00
0.00
Consolidate Net Profit
3.10
3.84
-19.27%
Operating Profit Margin (Excl OI)
8.88%
9.53%
-0.65%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -5.57% vs 5.46% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -19.27% vs -25.73% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
275.88
198.12
39.25%
Operating Profit (PBDIT) excl Other Income
27.23
4.51
503.77%
Interest
8.27
6.13
34.91%
Exceptional Items
0.00
25.80
-100.00%
Consolidate Net Profit
9.01
18.91
-52.35%
Operating Profit Margin (Excl OI)
9.87%
2.28%
7.59%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 39.25% vs -31.83% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -52.35% vs 217.82% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
409.60
300.27
36.41%
Operating Profit (PBDIT) excl Other Income
39.11
9.48
312.55%
Interest
12.63
8.87
42.39%
Exceptional Items
0.00
25.80
-100.00%
Consolidate Net Profit
12.11
17.89
-32.31%
Operating Profit Margin (Excl OI)
9.55%
3.16%
6.39%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 36.41% vs -21.91% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -32.31% vs 1,368.79% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
426.24
504.55
-15.52%
Operating Profit (PBDIT) excl Other Income
18.26
5.28
245.83%
Interest
12.55
14.02
-10.49%
Exceptional Items
25.61
0.00
Consolidate Net Profit
20.05
-11.65
272.10%
Operating Profit Margin (Excl OI)
4.28%
1.05%
3.23%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -15.52% vs 21.47% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 272.10% vs -160.18% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Asahi Songwon Colors Ltd stock-summary
stock-summary
Asahi Songwon Colors Ltd
Micro Cap
Dyes & Pigments
Asahi Songwon Colors Limited was originally incorporated on December 19, 1990 as a private limited company called Lucky Laminates Private Limited in State of Gujarat. In the year 1995-96, the High Court of Gujarat approved the Scheme of Amalgamation of Asahi Dyechem Pvt. Ltd. On April 19, 1996, the Company got converted into Public Company and on the same day Company's name was changed to Asahi Songwon Colors Limited.
Company Coordinates stock-summary
Company Details
Asahi Hse 13 Aaryans Corp Park, Thaltej-Shilaj Road Thaltej Ahmedabad Gujarat : 380059
stock-summary
Tel: 91-79-39825000
stock-summary
http://www.asahisongwon.com
stock-summary
cs@asahisongwon.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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