Ashari Agencies
Ashari Agencies
Financial ServicesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 0.26 times its book value
Weaknesses
3- Company has low interest coverage ratio.
- Company has a low return on equity of -4.83% over last 3 years.
- Working capital days have increased from 869 days to 2,029 days
Growth Rate
Quarterly Results
| Particulars | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | -0.08 | 0 | -0.41 | 1.61 | -1.45 | -0.29 | -0.35 | 0 | 0 | -0.01 | 0 | 0 | 0 |
| Expenses | 0.07 | 0.14 | 0.12 | 0.26 | 0.12 | 0.15 | 0.11 | 0.11 | 0.08 | 0.11 | 0.18 | 0.11 | 0.06 |
| Operating Profit | -0.15 | -0.14 | -0.53 | 1.35 | -1.57 | -0.44 | -0.46 | -0.11 | -0.08 | -0.12 | -0.18 | -0.11 | -0.06 |
| OPM % | — | — | — | 83.85% | — | — | — | — | — | — | — | — | — |
| Other Income | 0.42 | 0.41 | 0.98 | 0.02 | 1.22 | 0.11 | 0.16 | 0.07 | -0.32 | -0.39 | 0.11 | 0.1 | 0.09 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0.27 | 0.27 | 0.45 | 1.37 | -0.35 | -0.34 | -0.3 | -0.04 | -0.4 | -0.51 | -0.07 | -0.01 | 0.03 |
| Tax % | -44.44% | 0% | 20% | 22.63% | -111.43% | -188.24% | 0% | 0% | 0% | 619.61% | 0% | 0% | 0% |
| Net Profit | 0.39 | 0.27 | 0.37 | 1.06 | 0.04 | 0.31 | -0.3 | -0.04 | -0.4 | -3.66 | -0.07 | -0.01 | 0.03 |
| EPS in Rs | 0.45 | 0.31 | 0.43 | 1.24 | 0.05 | 0.36 | -0.35 | -0.05 | -0.47 | -4.27 | -0.08 | -0.01 | 0.03 |
Profit & Loss
| Particulars | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.09 | 0.95 | 0.19 | 0.35 | 3.02 | 1.23 | 1.79 | -0.84 | -0.01 |
| Expenses | 0.18 | 0.15 | 0.23 | 0.24 | 7.84 | 0.44 | 0.64 | 0.4 | 0.46 |
| Operating Profit | 0.91 | 0.8 | -0.04 | 0.11 | -4.82 | 0.79 | 1.15 | -1.24 | -0.47 |
| OPM % | 83.49% | 84.21% | -21.05% | 31.43% | -159.6% | 64.23% | 64.25% | — | 4700% |
| Other Income | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.09 |
| Interest | 0.01 | 0 | 0.01 | 0 | 0 | 0.01 | 0.02 | 0.01 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0.94 | 0.8 | -0.05 | 0.11 | -4.82 | 0.78 | 1.13 | -1.25 | -0.56 |
| Tax % | -1.06% | 11.25% | -100% | 172.73% | -45.23% | -15.38% | -56.64% | 252.8% | — |
| Net Profit | 0.94 | 0.71 | -0.01 | -0.08 | -2.64 | 0.9 | 1.77 | -4.4 | -3.71 |
| EPS in Rs | 1.09 | 0.83 | -0.01 | -0.09 | -3.07 | 1.05 | 2.06 | -5.13 | -4.33 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 | 8.58 | 8.58 | 8.58 |
| Reserves | 10.49 | 11.2 | 11.2 | 11.12 | 8.48 | 12.25 | 4.19 | -0.67 | -1.62 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.02 | 0.02 | 0.05 | 0.04 | 0.04 | 0.07 | 0.08 | 0.07 | 0.07 |
| Total Liabilities | 12.23 | 12.94 | 12.97 | 12.88 | 10.24 | 14.04 | 12.85 | 7.98 | 7.03 |
| Fixed Assets | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6.09 | 7.44 | 9.83 | 9.54 | 4.59 | 9.55 | 5.85 | 1.76 | 2.1 |
| Other Assets | 6.13 | 5.49 | 3.14 | 3.34 | 5.65 | 4.49 | 7 | 6.22 | 4.93 |
| Total Assets | 12.23 | 12.94 | 12.97 | 12.88 | 10.24 | 14.04 | 12.85 | 7.98 | 7.03 |
Cash Flow
| Particulars | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating | — | — | -0.13 | -0.11 | -7.85 | 0.14 | -4.74 | -3.11 |
| Investing | — | — | 0.14 | 0.64 | 7.29 | -0.08 | 4.71 | 3.1 |
| Financing | — | — | 0 | 0 | 0 | -0.01 | -0.01 | 0 |
| Net Cash Flow | — | — | 0.01 | 0.53 | -0.56 | 0.05 | -0.03 | -0.01 |
| Free Cash Flow | — | — | 1.84 | -0.11 | -7.85 | 1.4 | -4.73 | -2.81 |
| CFO/OP | — | — | 550 | -127 | 163 | 33 | -397 | 247 |
Ratios
| Particulars | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | — | — | — | — | — | 0 | — | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 770 | 665 | 2,536 | 1,116 | 204 | 110 | 467 | 2,029 |
| ROCE % | — | 6.37% | — | 0.85% | -41.84% | 6.54% | 8.6% | -11.99% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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48 extracted metrics + investor summaries across FY11–FY19.
Documents
Frequently Asked Questions about Ashari Agencies
What does Ashari Agencies Ltd do?
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Company Information
Ashari Agencies objects are: 1. To acquire, purchase, sell erect, construct, develop, alter, improve, let-out, hold, lease, exchange, hire or otherwise deal in land, house, buildings and immovable property of any tenure or description or any interests therein. 2. Subject to the provisions of Prize Chits & Money Circulation Schemes (Banning) Act, 1978 & Banking Regulation Act, 1949 to carry on the business as financers, underwriters, brokers, money lenders & generally to lend money with or without interest to any persons, firm or otherwise & to guarantee the performance of contracts & obligation of any person or company & also to carry on hire purchase finance business. 3. To carry on the business as Investment company. Commission Agents, Buying and selling Agents, Brokers and Adatias.
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