Asahi Songwon Colors Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 16.9x vs industry 30.6x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| PIDILITIND Pidilite Industries Limited | ₹1,376 | ₹1.4L Cr | 61.3 | 14.65 | 23 | 29.8 | 0.05 |
| SOLARINDS Solar Industries India Limited | ₹15,439 | ₹1.4L Cr | 93.8 | 27.33 | 32.6 | 38.1 | 0.17 |
| SRF SRF Limited | ₹2,519 | ₹74K Cr | 40 | 5.63 | 10.4 | 12.3 | 0.35 |
| UPL UPL Limited | ₹642 | ₹53K Cr | 28 | 1.7 | 3.29 | 7.66 | 0.94 |
| PIIND PI Industries Limited | ₹3,055 | ₹47K Cr | 34.2 | 4.28 | 17.6 | 22.9 | 0.02 |
| NAVINFLUOR Navin Fluorine International Limited | ₹6,728 -0.46% | ₹33K Cr | 58.9 | 9.57 | 11.5 | 11.7 | 0.33 |
| HSCL Himadri Speciality Chemical Limited | ₹619 +2.87% | ₹29K Cr | 38 | 6.63 | 17.8 | 22.2 | 0.16 |
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
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
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹120.65 Cr ▼0.2% | ₹120.9 Cr ▼19.3% | ₹149.88 Cr ▼1.9% | ₹152.75 Cr ▲14.2% | ₹133.72 Cr ▼5.6% | ₹141.61 Cr ▲5.5% | ₹134.28 Cr ▲6.6% | ₹125.97 Cr |
| Op. Profit | ₹10.26 Cr ▲8.0% | ₹9.5 Cr ▼9.9% | ₹10.54 Cr ▼38.3% | ₹17.07 Cr ▲43.7% | ₹11.88 Cr ▼11.9% | ₹13.49 Cr ▼1.7% | ₹13.73 Cr ▲56.4% | ₹8.78 Cr |
| OPM | 8.5% ▲8.1% | 7.9% ▲11.8% | 7.0% ▼37.1% | 11.2% ▲25.9% | 8.9% ▼6.8% | 9.5% ▼6.8% | 10.2% ▲46.6% | 7.0% |
| Net Profit | ₹2.26 Cr ▲8.1% | ₹2.09 Cr ▼19.3% | ₹2.59 Cr ▼62.3% | ₹6.87 Cr ▲198.7% | ₹2.3 Cr ▼30.5% | ₹3.31 Cr ▼24.3% | ₹4.37 Cr ▲380.2% | ₹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 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹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 | ₹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 | ₹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 | 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 | ₹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 | ₹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 ▲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 | ₹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 % | 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 | ₹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 (₹) | 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 | 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 | 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 |
| Reserves | ₹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 | ₹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 | ₹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 | ₹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 | ₹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 ▼100.0% | ₹11 Cr ▼56.0% | ₹25 Cr | ₹0 Cr ▼100.0% | ₹9 Cr ▼18.2% | ₹11 Cr ▲1000.0% | ₹1 Cr |
| Investments | ₹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 | ₹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 | ₹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 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹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 | ₹-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 | ₹-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 | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr ▲100.0% | ₹-2 Cr ▼200.0% | ₹2 Cr | ₹0 Cr |
| Free Cash Flow | ₹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 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 96d ▼8.6% | 105d ▲36.4% | 77d ▼3.8% | 80d ▼20.8% | 101d ▲42.3% | 71d ▲4.4% | 68d |
| Inventory Days | 86d ▼16.5% | 103d ▲24.1% | 83d ▼45.0% | 151d ▲32.5% | 114d ▲83.9% | 62d ▼53.0% | 132d |
| Days Payable | 110d ▲14.6% | 96d ▲21.5% | 79d ▼24.0% | 104d ▲6.1% | 98d ▲92.2% | 51d ▼22.7% | 66d |
| Cash Conv. Cycle | 72d ▼35.1% | 111d ▲35.4% | 82d ▼35.4% | 127d ▲8.5% | 117d ▲42.7% | 82d ▼38.8% | 134d |
| Working Capital Days | 27d ▲8.0% | 25d ▲108.3% | 12d ▼83.8% | 74d ▼17.8% | 90d ▼9.1% | 99d ▲28.6% | 77d |
| ROCE | 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