Ashima Ltd
NSE: ASHIMASYN · Other Textile Products · sector
₹13.00NSE close 2026-10-26
Key numbers
Market cap₹249 cr
Price₹13.00
52w high / low₹23 / ₹12
P/E–Sector median 13.7x
P/B0.9xSector median 1.1x
Book value₹14.4
Dividend yield–Sector median 0.51%
ROE-5.5%Sector median 5.4%
ROCE1.5%Sector median 7.5%
OPM-17.7%Sector median 6.6%
Debt / equity0.59xSector median 0.43x
EV/EBITDA–Sector median 9.6x
Interest cover0.7x
Current ratio3.16x
Sales growth 3y-61.3%Sector median +0.6%
Profit growth 3y–Sector median +1.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹70 cr vs borrowings ₹164 cr (FY26): borrowings are higher by ₹94 cr.
- Operating profit covered interest 0.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Net loss in 6 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Debtor days went from 0 (FY24) to 65 (FY26).
- No dividend in the last 5 financial years.
- Price ₹13.00 on 2026-10-26: -43.2% from the 52-week high, +13.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹37.51 · low ₹12.92
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 2 | 1 | 3 | 4 | 1 | 7 | 8 |
| EBITDA | 3 | -4 | -1 | 0 | -2 | -2 | -3 | 3 |
| OPM % | 64.2% | -179.3% | -146.9% | 2.9% | -54.1% | -253.8% | -39.2% | 39.7% |
| Other income | 1 | 1 | 1 | 1 | 2 | 7 | 0 | 2 |
| Net profit | -12 | -12 | 3 | -3 | -8 | -3 | -7 | 2 |
| EPS (₹) | -0.62 | -0.60 | 0.17 | -0.14 | -0.42 | -0.14 | -0.36 | 0.10 |
| Revenue YoY | -24.1% | -64.1% | +746.9% | +200.7% | ||||
| Profit YoY | – | – | -313.5% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 207 | 207 | 329 | 10 | 12 | 20 |
| EBITDA | 29 | -5 | 69 | 4 | -7 | -4 |
| Net profit | 18 | -7 | 96 | -19 | -20 | -16 |
| EPS (₹) | -0.77 | -0.35 | 5.03 | -0.99 | -1.06 | -0.82 |
| Revenue growth | -0.2% | +59.2% | -96.8% | +14.6% | +81.1% | |
| Profit growth | -137.1% | – | -119.7% | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -61.3% | -38.9% | +81.1% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -34.2% (2y) | -39.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 220 | 317 | 299 | 277 |
| Borrowings | – | 33 | 124 | 122 | 164 |
| Cash & equivalents | – | 27 | 70 | 95 | 70 |
| Total assets | – | 320 | 544 | 502 | 557 |
| Fixed assets | – | 134 | 131 | 47 | 42 |
| Capital work in progress | – | 4 | 7 | 0 | – |
| Investments | – | 0 | 0 | 31 | 95 |
| Receivables | – | 0 | 0 | 4 | 2 |
| Inventory | – | 80 | 187 | 201 | 290 |
| Payables | – | 29 | 43 | 5 | 9 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -26 | -24 | -38 | -20 | -40 |
| Cash from investing | 37 | 16 | -4 | 29 | -41 |
| Cash from financing | -6 | 13 | 86 | -10 | 34 |
| Capex | 10 | 18 | 5 | 0 | 1 |
| Free cash flow | -37 | -42 | -44 | -20 | -41 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -3.0% | 30.4% | -6.4% | -7.3% |
| ROCE % | – | -2.2% | 15.1% | 1.6% | 0.6% |
| Debtor days | – | 0 | 0 | 137 | 65 |
| Inventory days | – | 260 | 1,333 | 7,011 | 8,825 |
| Payable days | – | 96 | 307 | 187 | 262 |
| Cash conversion cycle (days) | – | 164 | 1,026 | 6,961 | 8,628 |
| Working capital days | – | 136 | 186 | 8,807 | 7,647 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.49% |
| FIIs | 0.14% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 26.37% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% |
| Promoter group | % |
|---|---|
| Shefali Chintan Parikh | 30.04% |
| Chintan Navnitlal Parikh and Shefali Chintan Parikh Trustees of Navchintan Trust | 28.34% |
| Chintan Navnitlal Parikh and Shefali Chintan Parikh Trustees of Chintan Parikh Family Trust NO. 1 | 5.00% |
| Chintan Navnitlal Parikh and Shefali Chintan Parikh Trustees of Chintan Parikh Family Trust NO. 2 | 5.00% |
| Chintan Navnitlal Parikh and Shefali Chintan Parikh Trustees of Chintan Parikh Family Trust NO. 3 | 5.00% |
| Chintan Navnit Parikh | 0.10% |
| Krishnachintan Chintan Parikh | 0.02% |
39,235 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| FILATEX | ₹4,202 cr | 22.0x | 2.8x | 13.5% | 18.1% | 8.1% | -1.1% | 0.27% |
| ASHIMASYN | ₹249 cr | – | 0.9x | -5.5% | 1.5% | -17.7% | -61.3% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Real Estate | ₹6 cr | 47.1% | ₹-1 cr | -24.6% |
| Investment | ₹5 cr | 39.6% | ₹1 cr | 20.6% |
| Investment Management & Advisory Services | ₹2 cr | 13.2% | ₹1 cr | 89.9% |
| Others | ₹0 cr | – | ₹2 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2022-08-11 | Other | Annual General Meeting |
| 2021-08-05 | Other | Annual General Meeting |
| 2020-09-17 | Other | Annual General Meeting |
| 2019-08-01 | Other | Annual General Meeting |
| 2018-08-02 | Other | Annual General Meeting |
| 2017-08-03 | Other | Annual General Meeting |
| 2016-08-04 | Other | Annual General Meeting |
| 2015-10-30 | Rights | Rights : 24:10 At Par |
| 2015-09-10 | Other | Annual General Meeting |
| 2014-09-19 | Other | Annual General Meeting |
| 2013-09-12 | Other | Annual General Meeting |
| 2012-07-17 | Other | Annual General Meeting |
| 2011-09-15 | Other | Annual General Meeting (Bc End Date Revised) |
| 2010-06-21 | Other | Annual General Meeting |
| 2009-06-19 | Other | Annual General Meeting |
| 2008-06-19 | Other | Annual General Meeting |
| 2007-06-21 | Other | Agm |
| 2006-06-21 | Other | Agm |
| 2005-06-23 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | ASHIMASYN |
| BSE code | 514286 |
| ISIN | INE440A01010 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.