Ashnoor Textile Mills Adjusts Valuation Grade Amid Strong Financial Metrics and Competitive Positioning
2025-04-02 08:00:57Ashnoor Textile Mills has recently undergone a valuation adjustment, reflecting its strong financial metrics within the textile industry. The company currently boasts a price-to-earnings (PE) ratio of 4.57, significantly lower than many of its peers, indicating a potentially favorable valuation. Additionally, its enterprise value to EBITDA stands at 5.19, further highlighting its competitive positioning. In terms of profitability, Ashnoor Textile reports a return on equity (ROE) of 20.53% and a return on capital employed (ROCE) of 11.13%, showcasing effective management of its resources. The company's price-to-book value is recorded at 0.94, suggesting that it is trading below its book value, which may appeal to value-oriented investors. When compared to its peers, Ashnoor Textile's valuation metrics stand out. For instance, Indo Rama Synthetic is currently facing challenges with a loss-making status, whi...
Read More
Ashnoor Textile Mills Reports Strong Growth Amid Debt Concerns and Valuation Adjustments
2025-03-18 08:09:45Ashnoor Textile Mills has recently adjusted its evaluation following strong financial results for Q3 FY24-25, marked by a 7.46% increase in net sales and a 119.4% rise in profits before tax. However, concerns about long-term fundamental strength and a high debt-to-EBITDA ratio persist despite positive trends.
Read More
Ashnoor Textile Mills Reports Strong Sales Growth Amid High Debt Concerns
2025-03-06 08:04:22Ashnoor Textile Mills has reported a 7.46% growth in net sales for Q3 FY24-25, marking its third consecutive quarter of positive results. The company achieved a half-year net sales total of Rs 87.62 crore, with a profit before tax of Rs 4.19 crore, despite facing high debt challenges.
Read More
Ashnoor Textile Mills Shows Strong Sales Growth Amid Financial Challenges
2025-02-27 18:50:29Ashnoor Textile Mills has recently adjusted its evaluation, reflecting notable trends in its financial metrics and market position. The company reported a 7.46% growth in net sales for Q3 FY24-25 and a significant increase in profit before tax, despite facing challenges related to its long-term financial strength.
Read More
Ashnoor Textile Mills Reports Mixed Financial Results for December 2024, Highlighting Profit Growth and Liquidity Concerns
2025-02-17 13:40:35Ashnoor Textile Mills has announced its financial results for the quarter ending December 2024, showcasing significant growth in Profit Before Tax and net sales. However, the company faced challenges with a decline in Profit After Tax and a notable decrease in cash and cash equivalents, highlighting mixed performance trends.
Read More
Ashnoor Textile Mills Reports 46.45% Net Profit Growth Amid Financial Challenges in September 2024
2025-02-14 18:30:38Ashnoor Textile Mills has recently adjusted its evaluation, reflecting strong financial performance with a 46.45% increase in net profit for the quarter ending September 2024. Key metrics show significant growth in profit before tax and return on capital employed, although challenges remain regarding long-term fundamental strength and debt levels.
Read MoreClosure of Trading Window
31-Mar-2025 | Source : BSEThe trading window for dealing in securities of the Company by the Designated Persons and their immediate relatives will remain closed from April 1 2025 and will open 48 hours after the announcement of results.
Unaudited Financial Results For The 3Rd Quarter Ended December 31 2024
14-Feb-2025 | Source : BSEUnaudited Financial Results with Limited Audit Review Report for the 3rd quarter ended December 31 2024 are attached. These results were approved by the Audit Committee and Board of Directors in their respective meetings on February 14 2025.
Integrated Filing (Financial)
14-Feb-2025 | Source : BSEAn Integrated Filing -Financial as on December 31 2024 is attached.
Corporate Actions
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
Ashnoor Textile Mills Ltd has announced 1:4 rights issue, ex-date: 26 Apr 24