Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Ashima Limited

NSE: ASHIMASYNOther Textile ProductsASM stage 1

Share price

₹14.08

-2.96% close of 8 Oct 2026

Market cap ₹270 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

22

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹270 Cr

P/E ratio

—

P/B ratio

1.0

ROCE

0.4%

ROE

-7.4%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹22.5852-week low ₹11.78

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Mar 2026 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Mar 2026 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Ashima Limited — this one———
Welspun Living Limited4%/yr77.4×₹19.4
Vardhman Textiles Limited-4%/yr17.7×—
Trident Limited-6%/yr28.2×—
Indo Count Industries Limited-23%/yr59.9×—
Garware Technical Fibres Limited7%/yr34.4×₹4.9

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Other Textile Products), it ranks 95 of 106 on returns, 102 of 103 on growth, 102 of 106 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 0.4% on capital, ahead of 10% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹133 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹23 crore to ₹164 crore. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 7 checks clear · 71%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹270 Cr
Prev close
₹14.08
52w High
₹23.5
52w Low
₹11.5
Enterprise value
₹409 Cr
Beta
1.4
Price CAGR 1y
-35.0%
Price CAGR 3y
-4.0%
Price CAGR 5y
-7.0%
Price CAGR 10y
0.0%

Ratios

Return on assets
-3.6%
PEG ratio
—
P/E ratio
—
P/B ratio
1.0
EV / EBITDA
-148.3
Industry P/E
16.7
ROCE
0.4%
ROCE 5y average
0.5%
ROE
-7.4%
Debt / Equity
0.6
Interest coverage
-1.4
Dividend yield
0.0%
ROE 3y average
6.0%
ROE last year
-7.0%

Annual P&L

Annual revenue
₹12 Cr
Annual profit
-₹20 Cr
Operating margin
-26.0%
Net profit margin
-166.7%
EBITDA margin
-25.0%
Sales growth 3y
-61.3%
Sales growth 5y
-46.9%
Profit growth 3y
—
Profit growth 5y
-35.0%
EPS
₹-1.1
Sales growth TTM
81.0%
Profit growth TTM
71.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹8 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
200.7%
YoY quarterly profit growth
—
OPM latest quarter
39.7%

Balance Sheet

Book Value
₹14.4
Face Value
₹10.0
Total debt
₹164 Cr
Total cash
₹28 Cr
Borrowings
₹164 Cr
Reserves / Equity
0.4

Cash Flow

Operating cash flow
-₹40 Cr
Free cash flow
-₹5 Cr
FCF yield
-5.3%
Net cash flow
-₹48 Cr

Shareholding

Promoter holding
73.5%
FII holding
0.1%
DII holding
0.0%
Public holding
26.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
K P R Mill Ltd1,101.3041.337,7140.45258.521.61,935.59.619.6
Welspun Living235.8680.222,2980.04162.683.62,795.523.76.3
Vardhman Textile536.4018.415,5810.93314.649.52,703.113.38.6
Trident22.3128.811,3692.24158.112.91,786.84.79.8
Indo Count Inds.471.1061.99,3330.3263.262.01,207.025.98.2
Garware Tech.773.7534.37,5511.1664.621.7482.431.422.0
Kusumgar626.8552.36,5790.0041.9882.6241.993.618.8
Ashima14.512810.001.9457.48.3200.70.4
Median115.9519.03510.005.947.2116.310.510.0

Competes with: Alok Industries Limited, Garware Technical Fibres Limited, Indo Count Industries Limited, K.P.R. Mill Limited, Kusumgar Limited, Trident Limited, Vardhman Textiles Limited, Welspun Living Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales533.366.26797.845.282.170.812.774.010.786.868.33
Expenses540.152.04151.961.896.0622.696.182.769.555.02
Material Cost00000
Change in Inventories-19-20-18-34-16
Purchases of Stock-in-Trade00000
Employee Cost1.601.892.152.181.97
Other Expenses2024194119
Operating Profit-0.353.214.22635.883.39-3.89-1.190.08-2.17-1.98-2.693.31
OPM %-0.669667807564-179-1472.89-54-254-3940
Other Income0.29-3.740.7134-2.65-13-5.756.16-0.72-3.611.89-3.321.25
Exceptional items (within Other Income)00000
Interest0.440.541.291.641.691.711.711.681.722.132.482.642.46
Depreciation1.070.200.200.190.190.200.200.070.070.070.070.070.07
Profit before tax-1.57-1.273.44961.35-12-123.22-2.43-7.98-2.64-8.722.03
Tax %0000.06000-0.934.121.253.79-204.93
Net Profit-1.57-1.273.44961.35-12-123.25-2.53-8.08-2.74-6.941.93
EPS in Rs-0.08-0.070.1850.07-0.62-0.600.17-0.13-0.42-0.14-0.360.10
Diluted EPS in Rs-0.14-0.42-0.14-0.360.10

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026TTM
Sales23622320822525933628510420790101220
Expenses2312292082222493392891072151851524
Material Cost0
Change in Inventories-91
Purchases of Stock-in-Trade0
Employee Cost7.83
Other Expenses102
Operating Profit5-6-0310-4-4-3-7725-3-4
OPM %2.10-2.60-0.101.203.90-1.10-1.30-2.70-3.508050-26-18
Other Income-12-21-10-32-1508-33029-17-9-4
Exceptional items (within Other Income)0
Interest324118222478.9610
Depreciation1515141413653310.660.280
Profit before tax-26-44-28-44-533-3-111896-19-22-17
Tax %1010000200-0-7
Net Profit-26-44-28-44-533-3-111896-19-20-16
EPS in Rs-2.27-3.92-2.49-3.85-0.462.54-0.26-0.600.935.03-0.99-1.06-0.82
Diluted EPS in Rs-1.06
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
-25%
5 years
-47%
3 years
-61%
TTM
81%

Compounded profit growth

10 years
—
5 years
-35%
3 years
—
TTM
71%

Stock price CAGR

10 years
0%
5 years
-7%
3 years
-4%
1 year
-35%

Return on equity

10 years
—
5 years
—
3 years
6%
Last year
-7%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Equity Capital33333333339353192192192192192
Reserves-239-265-293-305-27213229183512510785
Borrowings58852853152849128252318124122164
Other Liabilities37383329296618937739282116
Total Liabilities420335304286282319296269318533502557
Fixed Assets2842502282131991371391341171314742
CWIP000000118700
Investments4400013153133131137
Other Assets13281767383169142131180364425378
Total Assets420335304286282319296269318533502557

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Cash from Operating Activity65-36-2-264-8-26-39-20-40
Cash from Investing Activity-5-22015513-737-329-41
Cash from Financing Activity-3-2-1-3-0-24-2013-686-1034
Net Cash Flow-21-23-26-2-2644-0-48
Free Cash Flow33-26-230182-13-43-20-4.99

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Debtor Days22233233252721503915213765
Inventory Days154137130113133157142246246
Days Payable6977685444116104172153
Cash Conversion Cycle107839492114685812413315213765
Working Capital Days129485954657880971205996,6585,560
ROCE %-2-5-5-3-1-23-320

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters737373737373737373737373
FIIs0.030.030.030.10000.030.050.040.100.140.14
DIIs0000.070.130.13000000
Public262626262626262626262626
No. of Shareholders24,82826,56233,32440,43546,51345,74345,32643,95642,68341,40540,60439,866

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -36.4% (₹22.13 → ₹14.08)Brick size ₹0.86 (fixed)Bricks 31
₹20.00₹14.08Dec '25Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹14.08 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Ashima Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Textiles
Industry
Other Textile Products
Classification
Textiles › Other Textile Products
ISIN
INE440A01010

Business segments

  • Real Estate · 47%
  • Investment · 40%
  • Investment Management & Advisory Services · 13%

News impact

Big market events that reach Ashima Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.