Asahi Songwon Colors Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 16.7x vs industry 47.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹18,830 | ₹1.7L Cr | 99.6 | 27.13 | 31.5 | 36.8 | 0.17 |
| PIDILITIND Pidilite Industries Limited | ₹1,609 | ₹1.6L Cr | 64.7 | 15.18 | 23.9 | 31 | 0.05 |
| SRF SRF Limited | ₹2,818 | ₹85K Cr | 44.8 | 5.95 | 14.3 | 14.6 | 0.35 |
| LINDEINDIA Linde India Limited | ₹7,004 +0.11% | ₹61K Cr | 111 | 15.49 | 13.6 | 18.2 | 0.02 |
| COROMANDEL Coromandel International Limited | ₹2,054 +1.68% | ₹60K Cr | 30.9 | 4.12 | 16.4 | 22 | 0.11 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹833 +0.26% | ₹54K Cr | 3,642 | 41 | 1.61 | 8.65 | 2.79 |
| UPL UPL Limited | ₹607 | ₹52K Cr | 27.5 | 1.48 | 5.91 | 10.2 | 0.94 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ASAHISONG · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 66.77% | 66.77% | 66.77% | 66.83% | 66.83% | 66.83% |
| FII | 0.17% | 0.10% | 0.07% | 0.07% | — | — |
| DII | — | — | — | 0.21% | — | — |
| Public | 33.05% | 33.13% | 33.16% | 32.89% | 33.17% | 33.17% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 1.50 Per Share
Record: 4 Sept 2025
Annual General Meeting/Dividend - Re 0.50 Per Share
Annual General Meeting/Dividend - Re 0.50 Per Share
Latest News
All news →Asahi Songwon Colors announces board meeting outcome
*Asahi Songwon Colors announces board meeting outcome.* The company disclosed the outcomes of its July 07, 2026, board meeting via an NSE filing. No major financial decisions or strategic shifts were detailed. The update appears to be a routine corporate disclosure. 📊 *STOCKS:* ASAHISONG | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #BoardMeeting
Asahi Songwon Colors holds shareholders' meeting, submits postal ballot results
*Asahi Songwon Colors holds shareholders' meeting, submits postal ballot results*. The company has submitted the scrutinizers' report on the postal ballot to the exchange. Voting results from the shareholders' meeting have been disclosed. No financial figures or major strategic decisions were announced. 📊 *STOCKS:* ASAHISONG | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #ShareholdersMeeting
Asahi Songwon holds shareholders meeting via postal ballot
*Asahi Songwon holds shareholders meeting via postal ballot*. The company conducted a postal ballot to decide on key corporate matters. While specific resolutions were not disclosed, such ballots typically address governance or structural changes. Shareholder participation indicates ongoing corporate activity. 📊 *STOCKS:* ASAHISONG | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #ShareholdersMeeting
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹121 Cr ▲0.0% | ₹121 Cr ▼19.3% | ₹150 Cr ▼2.0% | ₹153 Cr ▲14.2% | ₹134 Cr ▼5.6% | ₹142 Cr ▲6.0% | ₹134 Cr ▲6.4% | ₹125.97 Cr |
| Op. Profit | ₹10 Cr ▲0.0% | ₹10 Cr ▼9.1% | ₹11 Cr ▼35.3% | ₹17 Cr ▲41.7% | ₹12 Cr ▼7.7% | ₹13 Cr ▼7.1% | ₹14 Cr ▲59.5% | ₹8.78 Cr |
| OPM | 8.0% ▲0.0% | 8.0% ▲14.3% | 7.0% ▼36.4% | 11.0% ▲22.2% | 9.0% ▼10.0% | 10.0% ▲0.0% | 10.0% ▲43.5% | 7.0% |
| Net Profit | ₹2 Cr ▲0.0% | ₹2 Cr ▼33.3% | ₹3 Cr ▼57.1% | ₹7 Cr ▲250.0% | ₹2 Cr ▼33.3% | ₹3 Cr ▼25.0% | ₹4 Cr ▲339.6% | ₹0.91 Cr |
| EPS (₹) | 2.1 ▲9.9% | 1.91 ▼28.7% | 2.68 ▼58.6% | 6.48 ▲146.4% | 2.63 ▼19.3% | 3.26 ▼25.7% | 4.39 ▲139.9% | 1.83 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹535 Cr ▼4.8% | ₹562 Cr ▲31.9% | ₹426 Cr ▼15.6% | ₹505 Cr ▲22.9% | ₹411 Cr ▲45.2% | ₹283 Cr ▼0.4% | ₹284 Cr ▼3.4% | ₹294 Cr |
| Expenses | ₹486 Cr ▼4.0% | ₹506 Cr ▲24.0% | ₹408 Cr ▼18.2% | ₹499 Cr ▲31.7% | ₹379 Cr ▲62.7% | ₹233 Cr ▼6.4% | ₹249 Cr ▼1.6% | ₹253 Cr |
| Op. Profit | ₹50 Cr ▼12.3% | ₹57 Cr ▲216.7% | ₹18 Cr ▲260.0% | ₹5 Cr ▼84.4% | ₹32 Cr ▼36.0% | ₹50 Cr ▲47.1% | ₹34 Cr ▼15.0% | ₹40 Cr |
| OPM | 9.0% ▼10.0% | 10.0% ▲150.0% | 4.0% ▲300.0% | 1.0% ▼87.5% | 8.0% ▼55.6% | 18.0% ▲50.0% | 12.0% ▼14.3% | 14.0% |
| Other Income | ₹7 Cr ▲75.0% | ₹4 Cr ▼85.7% | ₹28 Cr ▲366.7% | ₹6 Cr ▲0.0% | ₹6 Cr ▲50.0% | ₹4 Cr ▲300.0% | ₹1 Cr ▲200.0% | ₹-1 Cr |
| Interest | ₹12 Cr ▼25.0% | ₹16 Cr ▲23.1% | ₹13 Cr ▼7.1% | ₹14 Cr ▲180.0% | ₹5 Cr ▲150.0% | ₹2 Cr ▼50.0% | ₹4 Cr ▼20.0% | ₹5 Cr |
| Depreciation | ₹19 Cr ▲0.0% | ₹19 Cr ▲18.8% | ₹16 Cr ▲6.7% | ₹15 Cr ▲25.0% | ₹12 Cr ▲33.3% | ₹9 Cr ▲12.5% | ₹8 Cr ▲0.0% | ₹8 Cr |
| PBT | ₹26 Cr ▲4.0% | ₹25 Cr ▲38.9% | ₹18 Cr ▲200.0% | ₹-18 Cr ▼185.7% | ₹21 Cr ▼52.3% | ₹44 Cr ▲91.3% | ₹23 Cr ▼11.5% | ₹26 Cr |
| Tax % | 30.0% ▼9.1% | 33.0% ▲153.8% | 13.0% ▲225.0% | 4.0% ▼86.7% | 30.0% ▲11.1% | 27.0% ▲1250.0% | 2.0% ▼93.3% | 30.0% |
| Net Profit | ₹18 Cr ▲5.9% | ₹17 Cr ▲6.3% | ₹16 Cr ▲188.9% | ₹-18 Cr ▼220.0% | ₹15 Cr ▼53.1% | ₹32 Cr ▲39.1% | ₹23 Cr ▲27.8% | ₹18 Cr |
| EPS (₹) | 15.92 ▼5.0% | 16.76 ▼1.5% | 17.01 ▲272.2% | -9.88 ▼161.4% | 16.1 ▼39.9% | 26.78 ▲41.1% | 18.98 ▲27.6% | 14.88 |
| Div Payout | 0.0% ▼100.0% | 9.0% ▲200.0% | 3.0% ▲160.0% | -5.0% ▼266.7% | 3.0% ▼76.9% | 13.0% ▼18.8% | 16.0% ▼20.0% | 20.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities | |||||||||
| Equity Capital | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr |
| Reserves | ₹260 Cr ▲5.7% | ₹246 Cr ▲1.2% | ₹243 Cr ▲8.5% | ₹224 Cr ▲8.2% | ₹207 Cr ▼10.0% | ₹230 Cr ▲7.0% | ₹215 Cr ▲13.8% | ₹189 Cr ▲4.4% | ₹181 Cr |
| Borrowings | ₹143 Cr ▲1.4% | ₹141 Cr ▼15.6% | ₹167 Cr ▼15.2% | ₹197 Cr ▲9.4% | ₹180 Cr ▲106.9% | ₹87 Cr ▲74.0% | ₹50 Cr ▲127.3% | ₹22 Cr ▼64.5% | ₹62 Cr |
| Other Liabilities | ₹188 Cr ▲11.9% | ₹168 Cr ▲3.7% | ₹162 Cr ▲17.4% | ₹138 Cr ▼6.1% | ₹147 Cr ▲6.5% | ₹138 Cr ▲23.2% | ₹112 Cr ▲103.6% | ₹55 Cr ▲1.9% | ₹54 Cr |
| Total Liabilities | ₹603 Cr ▲6.3% | ₹567 Cr ▼2.9% | ₹584 Cr ▲2.5% | ₹570 Cr ▲4.6% | ₹545 Cr ▲16.5% | ₹468 Cr ▲20.3% | ₹389 Cr ▲39.9% | ₹278 Cr ▼10.0% | ₹309 Cr |
| Assets | |||||||||
| Fixed Assets | ₹287 Cr ▼4.0% | ₹299 Cr ▼2.0% | ₹305 Cr ▼0.3% | ₹306 Cr ▲11.3% | ₹275 Cr ▲17.0% | ₹235 Cr ▲10.3% | ₹213 Cr ▲65.1% | ₹129 Cr ▼14.0% | ₹150 Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹11 Cr ▼56.0% | ₹25 Cr | ₹0 Cr ▼100.0% | ₹9 Cr ▼18.2% | ₹11 Cr ▲1000.0% | ₹1 Cr |
| Investments | ₹2 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼50.0% | ₹2 Cr ▼84.6% | ₹13 Cr ▼7.1% | ₹14 Cr |
| Other Assets | ₹314 Cr ▲17.6% | ₹267 Cr ▼4.0% | ₹278 Cr ▲9.9% | ₹253 Cr ▲3.7% | ₹244 Cr ▲5.6% | ₹231 Cr ▲39.2% | ₹166 Cr ▲32.8% | ₹125 Cr ▼12.6% | ₹143 Cr |
| Total Assets | ₹603 Cr ▲6.3% | ₹567 Cr ▼2.9% | ₹584 Cr ▲2.5% | ₹570 Cr ▲4.6% | ₹545 Cr ▲16.5% | ₹468 Cr ▲20.3% | ₹389 Cr ▲39.9% | ₹278 Cr ▼10.0% | ₹309 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹43 Cr ▼25.9% | ₹58 Cr ▲544.4% | ₹9 Cr ▼70.0% | ₹30 Cr | ₹0 Cr ▼100.0% | ₹8 Cr ▼86.0% | ₹57 Cr ▲111.1% | ₹27 Cr |
| Investing CF | ₹-7 Cr ▼40.0% | ₹-5 Cr ▲61.5% | ₹-13 Cr ▲83.1% | ₹-77 Cr ▼175.0% | ₹-28 Cr ▲53.3% | ₹-60 Cr ▼275.0% | ₹-16 Cr ▼433.3% | ₹-3 Cr |
| Financing CF | ₹-38 Cr ▲22.4% | ₹-49 Cr ▼1325.0% | ₹4 Cr ▼91.5% | ₹47 Cr ▲67.9% | ₹28 Cr ▼44.0% | ₹50 Cr ▲228.2% | ₹-39 Cr ▼62.5% | ₹-24 Cr |
| Net Cash Flow | ₹-2 Cr ▼166.7% | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr ▲100.0% | ₹-2 Cr ▼200.0% | ₹2 Cr | ₹0 Cr |
| Free Cash Flow | ₹38 Cr ▼28.3% | ₹53 Cr ▲2550.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▲103.7% | ₹-27 Cr ▲55.7% | ₹-61 Cr ▼235.6% | ₹45 Cr ▲95.7% | ₹23 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 94d ▼2.1% | 96d ▼8.6% | 105d ▲36.4% | 77d ▼3.8% | 80d ▼20.8% | 101d ▲42.3% | 71d ▲4.4% | 68d |
| Inventory Days | 127d ▲47.7% | 86d ▼16.5% | 103d ▲24.1% | 83d ▼45.0% | 151d ▲32.5% | 114d ▲83.9% | 62d ▼53.0% | 132d |
| Days Payable | 135d ▲22.7% | 110d ▲14.6% | 96d ▲21.5% | 79d ▼24.0% | 104d ▲6.1% | 98d ▲92.2% | 51d ▼22.7% | 66d |
| Cash Conv. Cycle | 85d ▲18.1% | 72d ▼35.1% | 111d ▲35.4% | 82d ▼35.4% | 127d ▲8.5% | 117d ▲42.7% | 82d ▼38.8% | 134d |
| Working Capital Days | 37d ▲37.0% | 27d ▲8.0% | 25d ▲108.3% | 12d ▼83.8% | 74d ▼17.8% | 90d ▼9.1% | 99d ▲28.6% | 77d |
| ROCE | 8.0% ▼11.1% | 9.0% ▲800.0% | 1.0% ▲200.0% | -1.0% ▼114.3% | 7.0% ▼53.3% | 15.0% ▲36.4% | 11.0% | — |
Source: Screener.in · Lower days = better efficiency
About Asahi Songwon Colors Limited
Incorporated in 1990, Asahi Songwon Colors is one of the leading manufacturers of blue (Phthalocyanine) pigments for ink, plastics, paint, textile and paper industry with globally benchmarked manufacturing capabilities. The company has ventured into manufacturing of yellow, red and orange (AZO) pigments and APIs.[1]
Chemicals · Chemicals & Petrochemicals