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Ashnisha Industries Limited

Services › Commercial Services & Supplies
₹2.32
at close · 28 Oct 2026
▼ 0.01 (-0.43%)

Latest filings

Next results: Thu, 5 Nov · Financial Results
  1. Board meeting set for November 5 to approve September results · Results
  2. RTA submits Reg 74(5) certificate for Q2 FY27 · Compliance
  3. Trading window closure for Q2 and H1 FY27 results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Trades steel as its main line and, through subsidiary Adzillow Private Limited, also trades software, electronic and IT products. In FY26 consolidated revenue reached Rs. 12.85 crore, with standalone revenue of Rs. 8.44 crore; Steel Trading contributed Rs. 5.51 crore of revenue in Q4 FY26 alone and is the dominant segment. The software/IT product trading runs through subsidiary Adzillow. In March 2026 the company amended its objects clause to permit trading in metals, bullion, minerals, energy products, and related derivatives including hedging. Following a November 2025 rights issue of 16.41 crore shares at Rs. 3 each, raising Rs. 49.24 crore, the company is funding a 1.5 MW solar power project alongside working capital and general corporate purposes. Costs are dominated by other operating expenses at 8.5% of revenue and depreciation at 4.0%; employee cost is 2.2%. FY26 capex was Rs. 6.99 crore, equivalent to 54.4% of revenue.

Operating scale
Steel Trading Q4 FY26 revenue
Rs. 5.51 croreQ4 FY26
Rights issue proceeds
Rs. 49.24 croreNov 2025
Rights issue size
16.41 crore shares at Rs. 3 eachNov 2025
Solar power project capacity
1.5 MWFY26
Material subsidiary
Adzillow Private Limited
Standalone segment EBIT margin
4.7%FY26
Who pays it
B2B buyers of steel, software, electronic and IT products; specific end-markets not stated in the facts.
Biggest cost
Other operating expenses at 8.5% of revenue, followed by depreciation at 4.0%.
Kind of business
Small, thin-margin trading firm that recently broadened its permitted scope to commodities and is investing rights-issue proceeds in a solar power project.
Where it sits
BSE-listed entity classified under Trading & Distributors with consolidated revenue of Rs. 12.85 crore and net profit margin of 1.9% in FY26.
Market Cap
₹62 Cr
P / E (TTM)
77.3×
EV / EBITDA
78.3×
Div Yield
—
Growth
4.8%▲
Revenue 5y CAGR
PAT — · EBITDA -4.9%
Quality
1.5%·
ROCE (5y median)
ROE 0.7% (5y median) · margin 6.6%
Leverage
0.04·
Debt / Equity · low
Net cash ₹1.97 Cr
Revenue FY21→FY26
1.3×▲
Margin +8.7 pts
₹10 Cr → ₹13 Cr
Cash conversion
-43.17×▼
Operating cash ÷ profit · 5 yrs
₹-116 Cr on ₹3 Cr
Moves on a normal day
2.54%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 188 Trading & Distributors peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#116/130
P/B#41/150
ROCE#126/177
ROE#112/158
Debt / Equity#70/154
EBITDA margin#36/137
Revenue growth#12/135
Profit growth#108/157

Scorecard

Measured from the filed financials, judged against its Trading & Distributors peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Slow revenue growth — 5% a year over 5 years
Returns on capital 1.5% (5-year median)
#126 of 177 in Trading & Distributors on the latest reported figures
Over 5 years it reported ₹2.69 Cr of profit and an operating cash outflow of ₹116 Cr — -43.17×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 388 days of cash tied up
Customers are taking longer to pay — 310 → 457 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from Ashnisha Industries Limited's filed financials and exchange disclosures

What does Ashnisha Industries Limited do?

Ashnisha Industries Limited is a Commercial Services & Supplies company listed on BSE.

Is Ashnisha Industries Limited profitable?

Yes. Over the trailing twelve months Ashnisha Industries Limited reported a net profit of ₹0.16 Cr on revenue of ₹14 Cr.

Does Ashnisha Industries Limited pay a dividend?

Not in the latest reported year — Ashnisha Industries Limited's dividend payout for FY26 was nil.

Is Ashnisha Industries Limited debt-free?

On a net basis, yes. It reported borrowings of ₹5.38 Cr on its 31 Mar 2026 balance sheet, but holds ₹1.97 Cr more cash than debt.

Is Ashnisha Industries Limited expensive compared with its peers?

On trailing P/E, Ashnisha Industries Limited ranks 116 of 130 in Trading & Distributors — cheaper than 11% of them, against an industry median of 13.9×. This is a position, not a valuation judgement.

How much does the Ashnisha Industries Limited share price move in a day?

On a typical session Ashnisha Industries Limited moves 2.54% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are Ashnisha Industries Limited's next results?

Financial Results on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track Ashnisha Industries Limited's announcements?

Every NSE and BSE filing by Ashnisha Industries Limited appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.