Asian Star Co. Ltd.
NSE: ASTAR · Gems, Jewellery And Watches · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 82 companies in Gems, Jewellery And Watches (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹413 cr vs borrowings ₹493 cr (FY26): borrowings are higher by ₹81 cr.
- Operating profit covered interest 2.8x in the last 12 months.
- Net loss in 2 of the last 6 quarters.
- Other income was 57% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹558.90 on 2026-10-26: -34.1% from the 52-week high, +15.2% 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
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 854 | 717 | 759 | 660 | 746 | 638 |
| EBITDA | 5 | 22 | 24 | 12 | 6 | 13 |
| OPM % | 0.5% | 3.0% | 3.2% | 1.8% | 0.7% | 2.1% |
| Other income | -1 | 11 | -0 | 8 | 2 | 9 |
| Net profit | -4 | 19 | 13 | 9 | -0 | 12 |
| EPS (₹) | 2.80 | 12.08 | 7.31 | 5.28 | 0.25 | 7.53 |
| Revenue YoY | -12.7% | -10.9% | ||||
| Profit YoY | – | -37.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY21 | FY22 | FY23 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,687 | 3,034 | 3,427 | 2,956 | 2,882 | 2,804 |
| EBITDA | 42 | 83 | 115 | 78 | 64 | 55 |
| Net profit | 53 | 58 | 57 | 43 | 40 | 33 |
| EPS (₹) | 33.00 | 36.42 | 35.81 | 26.98 | 25.25 | 20.37 |
| Revenue growth | +79.8% | +12.9% | -13.8% | -2.5% | – | |
| Profit growth | +10.4% | -1.7% | -24.6% | -6.4% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.7% | – | – |
| Net profit | -11.5% | – | – |
| EPS | -11.5% | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 1,562 | 1,658 |
| Borrowings | 528 | 493 |
| Cash & equivalents | 379 | 413 |
| Total assets | 2,408 | 2,473 |
| Fixed assets | 162 | 156 |
| Capital work in progress | 0 | – |
| Investments | 15 | 17 |
| Receivables | 934 | 886 |
| Inventory | 744 | 728 |
| Payables | 242 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 230 | 90 |
| Cash from investing | 17 | 0 |
| Cash from financing | -248 | -74 |
| Capex | 7 | 7 |
| Free cash flow | 224 | 83 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 2.8% | 2.4% |
| ROCE % | 4.2% | 3.5% |
| Debtor days | 115 | 112 |
| Inventory days | 110 | 111 |
| Payable days | 36 | 0 |
| Cash conversion cycle (days) | 189 | 223 |
| Working capital days | 178 | 194 |
Peers in Gems, Jewellery And Watches
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TITAN | ₹3,83,796 cr | 66.9x | 24.4x | 42.2% | 33.3% | 10.1% | +29.2% | 0.25% |
| KALYANKJIL | ₹52,133 cr | 36.3x | 8.3x | 25.8% | 34.4% | 6.6% | +36.4% | 0.30% |
| LALITHAA | ₹17,374 cr | – | – | – | – | – | – | – |
| PCJEWELLER | ₹16,193 cr | 16.0x | 1.7x | 10.8% | 10.3% | 24.5% | +10.7% | – |
| SKYGOLD | ₹14,535 cr | 43.3x | 12.1x | 35.6% | 26.4% | 7.2% | +76.0% | – |
| THANGAMAYL | ₹14,404 cr | 36.8x | 10.2x | 31.1% | 26.3% | 6.4% | +39.2% | 0.27% |
| BLUESTONE | ₹11,583 cr | 110.7x | 6.3x | 6.0% | 11.9% | 17.0% | – | – |
| PNGJL | ₹7,558 cr | 17.0x | 3.9x | 25.4% | 19.9% | 5.8% | – | – |
| ETHOSLTD | ₹6,486 cr | 62.2x | 4.4x | 8.4% | 12.0% | 12.8% | +26.9% | – |
| ASTAR | ₹895 cr | 27.4x | 0.5x | 2.1% | 3.0% | 2.0% | -1.7% | 0.27% |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| DIAMONDS | ₹426 cr | 63.6% | ₹5 cr | 1.3% |
| JEWELLERY | ₹235 cr | 35.1% | ₹6 cr | 2.4% |
| OTHERS | ₹9 cr | 1.4% | ₹9 cr | 100.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-21 | Dividend | Dividend - Rs 1.50 Per Share |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Gems, Jewellery And Watches |
| Sub-industry | Gems, Jewellery And Watches |
| Symbol | ASTAR |
| BSE code | 531847 |
| ISIN | INE194D01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.