Ashima Limited Share Price and Company Fundamentals



Price
₹15.05
Change
0.050 (0.333%)
52 week
10.4 - 23.4

Last traded: Yesterday at 9:59 AM

Ashima Limited manufactures and sells denim fabrics and readymade garments in India. It offers basic denim; ring/slub denim; pigment/discharged print; polyester denim; and piece-dyed product, including basic twills, plain weave, canvas, and satin; and dobby structures with value-added properties, such as chemical, mechanical, and functional finishes. The company also offers a range of shirts and jeans for men and women, as well as provides ready-to-stitch trouser and shirt fabric packs for men. It sells its products under the Frank Jefferson and ICON brands. The company also exports its products to approximately 45 countries. Ashima Limited was incorporated in 1982 and is based in Ahmedabad, India.

Key Metrics

PE ratio

8.67

PB ratio

1.29

Dividend yield

0.00%

Beta

1.03

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Textile Manufacturing / Consumer Cyclical
Full time employees 213
Website https://www.ashima.in
Mailing address Texcellence Complex Near Anupam Cinema Khokhra Ahmedabad 380021 India
Phone / Fax 91 79 6777 7000 / 91 79 2277 3061

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Ashima Limited paid ₹0.00 dividend and the ex-dividend date was 12 Dec 2000.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ASHIMASYN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ASHIMASYN's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Ashima Limited.

Name Title Age Total Pay
Mr. Chintan Navnit Parikh Chairman & MD 64
Mr. Shrikant S. Pareek Whole Time Director & Director of Operations 54
Mr. Krishnachintan Chintan Parikh Exec. Director 30
Mr. Hiren S. Mahadevia Group Chief Financial Officer
Ms. Shweta Sultania Company Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

12.30%

Operating margin

-1.34%

Return on assets

-0.69%

Return on equity

17.00%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Ashima Limited is and its enterprise value is .

The ASHIMASYN's stocks Beta value is 1.03 making it 3% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Ashima Limited (NSE:ASHIMASYN) Frequently Asked Questions

1. What is Ashima Limited's Stock Symbol?

Ashima Limited trades on NSE under the ticker symbol "ASHIMASYN".

2. What is Ashima Limited's stock price today?

One share of ASHIMASYN stock can currently be purchased for approximately ₹15.05.

3. How can I contact Ashima Limited?

Ashima Limited's mailing address is Texcellence Complex Near Anupam Cinema Khokhra Ahmedabad 380021 India. The company can be reached via phone at 91 79 6777 7000.

4. What is Ashima Limited's official website?

The official website of Ashima Limited is https://www.ashima.in.