ASHIMASYN

Ashima Limited

Synthetic fabrics manufacturer with links in Gujarat textile markets

Consumer Discretionary›Textiles›Textiles & Apparels›Other Textile Products

ashima.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹14.06
Market cap
269 Cr
Stock P/E
Loss (TTM EPS ₹-0.82)
P/B
0.97
ROE (FY26)
-7.3%
ROCE (FY26)
-1.4%
Operating margin (FY26)
-58.7%
Debt / equity (FY26)
0.59
OCF / EBITDA (FY25)
-486.8%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Ashima develops residential real estate and invests its own money in listed shares, and it is no longer a cotton textile maker, having discontinued that business in FY25.

Company snapshot

55thBy market cap

Ranked among 100 companies in Other Textile Products.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 100.0% of revenue

SegmentRevenue shareRevenuePBTAssets
Investment
100.0%
2 Cr-3 Cr32 Cr
Investment Management & Advisory Services—0 Cr-0.03 Cr6 Cr
Others—0 Cr0.11 Cr113 Cr
Real Estate—0 Cr-0.33 Cr242 Cr

What we see

Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2021Dec 2021Mar 2022Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales55 Cr68 Cr59 Cr78 Cr5 Cr2 Cr0.81 Cr3 Cr4 Cr0.78 Cr7 Cr8 Cr
Operating expenses (approx.)55 Cr69 Cr61 Cr74 Cr2 Cr6 Cr2 Cr3 Cr6 Cr3 Cr10 Cr5 Cr
EBITDA-0.33 Cr-0.44 Cr-3 Cr4 Cr3 Cr-4 Cr-1 Cr0.08 Cr-2 Cr-2 Cr-3 Cr3 Cr
OPM %-0.6%-0.6%-4.5%4.6%64.2%-179.3%-146.9%2.9%-54.1%-255.0%-39.2%39.7%
Other income2 Cr0.14 Cr1 Cr0.87 Cr0.67 Cr0.91 Cr0.92 Cr1 Cr2 Cr7 Cr0.18 Cr2 Cr
Interest0.70 Cr0.57 Cr0.56 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr3 Cr2 Cr
Depreciation1 Cr1 Cr0.72 Cr1 Cr0.20 Cr0.20 Cr0.07 Cr0.07 Cr0.07 Cr0.07 Cr0.07 Cr0.07 Cr
Profit before tax-0.35 Cr-2 Cr29 Cr1 Cr-34 Cr-13 Cr12 Cr-1 Cr-6 Cr-0.86 Cr-7 Cr2 Cr
Tax %0.0%0.0%0.0%2.7%64.8%10.4%71.9%-91.7%-43.8%-219.1%4.1%-11.7%
Net profit-0.35 Cr-2 Cr29 Cr1 Cr-12 Cr-12 Cr3 Cr-3 Cr-8 Cr-3 Cr-7 Cr2 Cr
EPS (₹)₹-0.02₹-0.10₹-0.17₹0.06₹-0.62₹-0.60₹0.17₹-0.14₹-0.42₹-0.14₹-0.36₹0.10

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2025Mar 2026TTM
Sales336 Cr285 Cr141 Cr207 Cr10 Cr12 CrSign in free for the trailing twelve months
Operating expenses (approx.)340 Cr289 Cr156 Cr215 Cr6 Cr19 CrSign in free for the trailing twelve months
EBITDA-4 Cr-4 Cr-15 Cr-7 Cr4 Cr-7 CrSign in free for the trailing twelve months
OPM %-1.3%-1.3%-10.6%-3.4%38.9%-56.4%Sign in free for the trailing twelve months
Other income18 Cr8 Cr11 Cr3 Cr3 Cr10 CrSign in free for the trailing twelve months
Interest8 Cr2 Cr3 Cr2 Cr7 Cr9 CrSign in free for the trailing twelve months
Depreciation6 Cr5 Cr5 Cr3 Cr0.66 Cr0.28 CrSign in free for the trailing twelve months
Profit before tax33 Cr-3 Cr-11 Cr18 Cr-3 Cr-15 CrSign in free for the trailing twelve months
Tax %—0.0%-1.5%0.0%-648.0%-34.9%Sign in free for the trailing twelve months
Net profit33 Cr-3 Cr-11 Cr18 Cr-19 Cr-20 CrSign in free for the trailing twelve months
EPS (₹)₹1.70₹-0.18₹-0.60₹-0.77₹-0.99₹-1.06Sign in free for the trailing twelve months
Dividend payout %———0.0%——Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2025Mar 2026
Equity capital93 Cr192 Cr192 Cr192 Cr192 Cr192 Cr
Reserves132 Cr29 Cr18 Cr35 Cr107 Cr85 Cr
Borrowings25 Cr22 Cr19 Cr18 Cr122 Cr164 Cr
Other liabilities69 Cr54 Cr41 Cr73 Cr82 Cr116 Cr
Total liabilities319 Cr296 Cr269 Cr318 Cr502 Cr557 Cr
Fixed assets (net)136 Cr138 Cr134 Cr117 Cr47 Cr42 Cr
CWIP0.32 Cr0.69 Cr0.71 Cr8 Cr0 Cr—
Investments13 Cr15 Cr3 Cr13 Cr31 Cr137 Cr
Loans & advances—20 Cr0.63 Cr0.38 Cr0 Cr0 Cr
Inventories73 Cr58 Cr37 Cr77 Cr201 Cr290 Cr
Trade receivables25 Cr16 Cr14 Cr22 Cr4 Cr2 Cr
Cash & bank13 Cr11 Cr9 Cr15 Cr64 Cr16 Cr
Other assets58 Cr36 Cr71 Cr66 Cr155 Cr69 Cr
Total assets319 Cr296 Cr269 Cr318 Cr502 Cr557 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2025Mar 2026
Cash from operating activity-26 Cr4 Cr-8 Cr-26 Cr-20 Cr-40 Cr
Cash from investing55 Cr13 Cr-7 Cr37 Cr29 Cr-41 Cr
Cash from financing-24 Cr-20 Cr13 Cr-6 Cr-10 Cr34 Cr
Net cash flow6 Cr-2 Cr-2 Cr5 Cr-0.14 Cr-48 Cr
Free cash flow (OCF − Capex)-27 Cr-4 Cr-9 Cr-37 Cr-20 Cr-41 Cr

Ratios

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2025Mar 2026
ROCE %16.2%-0.6%-3.6%8.3%1.0%-1.4%
ROE %14.5%-1.5%-5.5%7.9%-6.4%-7.3%
Debtor days2721363913765
Inventory days15615722720669928801
Days payable115104129114187262
Cash conversion cycle687513513169428604
OCF / EBITDA %————-486.8%—
Debt / equity0.110.100.090.080.410.59
Current ratio2.462.752.982.254.073.16
Net debt / EBITDA————14.05—