Asi Industries
Metals & Mining
502015 BSE
₹21.87
Close ·
- P/E
- 7.81
Close 4 Nov 2026 ₹21.87 −9.68 −30.7% 1Y
Start ₹31.55
Key Fundamentals
MicrocapMinerals & MiningMetals & MiningPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 8.82%
- Debt to Equity
- 0.11
- EPS (TTM)
- ₹2.80
- Book Value
- ₹30.62
- Market Cap
- —
- P/E (TTM)
- 7.81
- P/B
- 0.71
- ROE
- 6.06%
- Dividend Yield
- 1.85%
- EBITDA
- −₹8.70 Cr
- 52W High
- ₹32.35
- 52W Low
- ₹19.00
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
54 Average
Data confidence 100/100
Category scores
- Quality
- 45
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 72
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 43
- Weak
- Sales & profit trajectory 9% weight
- Financial Health
- 75
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 37
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Stock is trading at 0.55 times its book value
Weaknesses
4- The company has delivered a poor sales growth of -2.90% over past five years.
- Company has a low return on equity of 6.65% over last 3 years.
- Earnings include an other income of Rs.19.3 Cr.
- Dividend payout has been low at 14.2% of profits over last 3 years
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 6 | 1 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bearish
Bearish
2
Neutral
6
Bullish
1
Overall
Strong Bearish
Bearish
12
Neutral
6
Bullish
1
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 41.78
- Neutral
- MACD (12,26,9)
- −0.60
- Bearish
- SMA (50)
- 23.62
- Bearish
- SMA (200)
- 24.95
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −1.43% |
|---|---|
| 5Y | −2.94% |
| 3Y | +2.59% |
| 1Y | −3.87% |
| TTM | +6.41% |
Net profit
| 10Y | +5.09% |
|---|---|
| 5Y | +15.90% |
| 3Y | +10.60% |
| 1Y | −8.00% |
| TTM | −1.99% |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | −7.79% |
| 3Y | −7.17% |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −4.60 pp |
|---|---|
| 5Y | −1.03 pp |
| 3Y | −3.97 pp |
| 1Y | −2.06 pp |
| TTM | −1.92 pp |
Revenue by year
| Mar 2017 | ₹235 Cr |
|---|---|
| Mar 2018 | ₹239 Cr |
| Mar 2019 | ₹181 Cr |
| Mar 2020 | ₹143 Cr |
| Mar 2021 | ₹173 Cr |
| Mar 2022 | ₹202 Cr |
| Mar 2023 | ₹138 Cr |
| Mar 2024 | ₹145 Cr |
| Mar 2025 | ₹155 Cr |
| Mar 2026 | ₹149 Cr |
Net profit by year
| Mar 2017 | ₹18.00 Cr |
|---|---|
| Mar 2018 | ₹14.00 Cr |
| Mar 2019 | ₹19.00 Cr |
| Mar 2020 | −₹3.00 Cr |
| Mar 2021 | ₹11.00 Cr |
| Mar 2022 | −₹15.00 Cr |
| Mar 2023 | ₹17.00 Cr |
| Mar 2024 | ₹25.00 Cr |
| Mar 2025 | ₹25.00 Cr |
| Mar 2026 | ₹23.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 35.55 | 17.89 | 45.73 | 45.52 | 34.4 | 23.31 | 49.24 | 47.81 | 29.49 | 20.56 | 50.7 | 48.66 | 39.53 |
| Expenses | 30.5 | 21.62 | 33.6 | 39.08 | 30.94 | 25.11 | 34.64 | 39.73 | 26.39 | 22.43 | 37.16 | 43.22 | 34.19 |
| Operating Profit | 5.05 | −3.73 | 12.13 | 6.44 | 3.46 | −1.8 | 14.6 | 8.08 | 3.1 | −1.87 | 13.54 | 5.44 | 5.34 |
| OPM % | 14.21% | −20.85% | 26.53% | 14.15% | 10.06% | −7.72% | 29.65% | 16.9% | 10.51% | −9.1% | 26.71% | 11.18% | 13.51% |
| Other Income | 2.28 | 3.95 | 4.04 | 11.96 | 3.64 | 4.2 | 5.22 | 6.28 | 4.71 | 4.38 | 5.5 | 4.94 | 4.47 |
| Interest | 0.5 | 0.61 | 0.53 | 0.59 | 0.42 | 0.37 | 0.4 | 0.54 | 0.66 | 0.45 | 0.49 | 0.68 | 0.34 |
| Depreciation | 1.32 | 1.19 | 1.36 | 1.15 | 1.15 | 1.14 | 1.24 | 1.2 | 1.13 | 1.12 | 1.18 | 0.84 | 1.11 |
| PBT | 5.51 | −1.58 | 14.28 | 16.66 | 5.53 | 0.89 | 18.18 | 12.62 | 6.02 | 0.94 | 17.37 | 8.86 | 8.36 |
| Tax % | 23.23% | 3.8% | 29.55% | 25.09% | 29.66% | 42.7% | 33.06% | 29.56% | 32.89% | 13.83% | 29.25% | 37.47% | 22.85% |
| Net Profit | 4.23 | −1.64 | 10.06 | 12.47 | 3.88 | 0.5 | 12.18 | 8.89 | 4.04 | 0.81 | 12.3 | 5.54 | 6.45 |
| EPS (₹) | 0.47 | −0.18 | 1.12 | 1.38 | 0.43 | 0.06 | 1.35 | 0.99 | 0.45 | 0.09 | 1.37 | 0.62 | 0.72 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 209 | 172 | 235 | 239 | 181 | 143 | 173 | 202 | 138 | 145 | 155 | 149 | 159 |
| Expenses | 172 | 141 | 206 | 211 | 148 | 139 | 148 | 191 | 113 | 125 | 130 | 129 | 137 |
| Operating Profit | 37 | 31 | 29 | 29 | 33 | 5 | 25 | 11 | 24 | 20 | 24 | 20 | 22 |
| OPM % | 18% | 18% | 12% | 12% | 18% | 3.2% | 15% | 5% | 18% | 14% | 16% | 14% | 14% |
| Other Income | 9 | 9 | 11 | 7 | 7 | 5 | 3 | 1 | 9 | 22 | 19 | 20 | 19 |
| Interest | 8 | 12 | 9 | 8 | 7 | 8 | 6 | 12 | 3 | 2 | 2 | 2 | 2 |
| Depreciation | 6 | 5 | 5 | 6 | 6 | 6 | 7 | 22 | 5 | 5 | 5 | 4 | 4 |
| PBT | 31 | 23 | 26 | 22 | 27 | −5 | 16 | −22 | 25 | 35 | 37 | 33 | 36 |
| Tax % | 41% | 38% | 29% | 33% | 29% | −33% | 30% | −34% | 30% | 28% | 32% | 32% | — |
| Net Profit | 18 | 14 | 18 | 14 | 19 | −3 | 11 | −15 | 17 | 25 | 25 | 23 | 25 |
| EPS (₹) | 2.22 | 1.73 | 2.18 | 1.75 | 2.3 | −0.37 | 1.22 | −1.62 | 1.92 | 2.79 | 2.83 | 2.52 | 2.8 |
| Div. Payout % | 11% | 14% | 14% | 17% | 13% | 0% | 0% | 0% | 10% | 13% | 14% | 16% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 185 | 199 | 218 | 229 | 244 | 278 | 298 | 281 | 298 | 313 | 344 | 353 |
| Borrowings | 90 | 104 | 127 | 119 | 158 | 236 | 248 | 64 | 29 | 29 | 31 | 41 |
| Other Liabilities | 92 | 46 | 36 | 25 | 22 | 34 | 49 | 23 | 26 | 19 | 22 | 24 |
| Total Liabilities | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 | 427 |
| Fixed Assets | 160 | 160 | 162 | 172 | 170 | 186 | 392 | 174 | 167 | 165 | 162 | 158 |
| CWIP | 0 | 2 | 0 | 0 | 12 | 193 | 6 | 0 | 1 | 3 | 3 | 13 |
| Investments | 2 | 28 | 38 | 36 | 35 | 55 | 70 | 86 | 60 | 85 | 101 | 110 |
| Other Assets | 212 | 165 | 189 | 173 | 215 | 124 | 136 | 117 | 134 | 116 | 140 | 147 |
| Total Assets | 374 | 356 | 390 | 382 | 432 | 558 | 604 | 377 | 362 | 370 | 405 | 427 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 46 | −21 | 21 | 16 | 16 | 23 | 24 | 56 | 20 | 34 | −3 | 16 |
| Investing | −55 | −11 | −7 | 1 | −44 | −91 | −26 | 137 | 19 | −32 | 4 | −19 |
| Financing | 14 | 36 | −13 | −19 | 28 | 67 | 6 | −195 | −37 | −4 | −3 | 4 |
| Net Cash Flow | 4 | 4 | 1 | −2 | 0 | −1 | 4 | −2 | 2 | −2 | −2 | 1 |
| Free Cash Flow | 45 | −28 | 19 | −1 | −52 | −103 | −3 | 255 | 18 | 30 | −2 | 2 |
| CFO/EBITDA | 141 | −28 | 98 | 87 | 74 | 593 | 116 | 575 | 109 | 209 | 28 | 116 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 204 | 162 | 144 | 120 | 170 | 172 | 167 | 106 | 168 | 119 | 112 | 125 |
| Inventory Days | 50 | 74 | 41 | 69 | 175 | 155 | 168 | 114 | — | — | — | — |
| Days Payable | 265 | 185 | 31 | 2 | 6 | 26 | 55 | 27 | — | — | — | — |
| Cash Conversion Cycle | −11 | 50 | 154 | 187 | 339 | 300 | 281 | 193 | 168 | 119 | 112 | 125 |
| Working Capital Days | 89 | 56 | 59 | 60 | 50 | −172 | −121 | 96 | 171 | 135 | 157 | 196 |
| ROCE % | 15% | 11% | 10% | 8% | 9% | 1% | 4% | −1% | 9% | 10% | 10% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Asi Industries insights
57 extracted metrics across FY15–FY27.
Documents
- Concall · Nov 2025Transcript
- Concall · Jun 2025Transcript PPT
- Concall · Jan 2025PPT
- Concall · May 2019PPT
- 26 Oct 2026
- 27 Jul 2026
- 28 Jan 2026
- 31 Oct 2025
- 9 Mar 2026
- 12 Oct 2020
- 17 Jun 2020
- 15 Apr 2020
- 17 Mar 2020
Frequently Asked Questions about Asi Industries
What does Asi Industries Ltd do?
ASI Industries Ltd, incorporated in 1945 and formerly Associated Stone Industries (Kotah), mines and processes natural stone, mainly Kota limestone, at Ramganjmandi, Rajasthan.
Where is Asi Industries Ltd (ASIIL) listed?
Asi Industries Ltd trades under code 502015 on the BSE.
Which sector does Asi Industries Ltd belong to?
Asi Industries Ltd is classified under the Metals & Mining sector, in the Industrial Minerals industry.
What is the PE ratio of Asi Industries Ltd?
Asi Industries Ltd trades at a PE ratio of 7.81 as of 4 Nov 2026, on earnings per share of ₹2.8, against a book value of ₹30.62 per share.
What is the 52-week high and low of Asi Industries Ltd?
Over the last 52 weeks Asi Industries Ltd has traded between ₹19 and ₹32.35 as of 4 Nov 2026.
Does Asi Industries Ltd pay dividends?
Asi Industries Ltd has a dividend yield of 1.85%.
What is the Return on Equity (ROE) of Asi Industries Ltd?
Asi Industries Ltd reported a return on equity of 6.06%. Its debt-to-equity ratio is 0.11.
Company Information
ASI Industries Ltd, incorporated in 1945 and formerly Associated Stone Industries (Kotah), mines and processes natural stone, mainly Kota limestone, at Ramganjmandi, Rajasthan.
Website asigroup.co.in
Face Value ₹1
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