BSE: 530899
ASIA PACK LTD.
Classified under textiles and apparels, but the most recent segment disclosure (for the year ended 31 March 2020) lists its principal activity as un-allocable and corporate, contributing 90.6% of segment revenue, with real estate development as a secondary activity at 9.4%. No textile or trading activity segment recorded revenue in that disclosure. For FY26, revenue from operations was Rs 18.94 lakh, while total income of Rs 97.10 lakh was lifted by other income, and net profit was Rs 23.28 lakh. Employee cost (160% of revenue from operations) and other operating expenses (90.4% of revenue) make up the bulk of the cost base, with no material costs or capex reported. The entity is listed on BSE (code 530899), has its office at Miraj Campus in Nathdwara, Rajasthan, and operates with paid-up equity capital of Rs 2.73 crore and net worth of Rs 8.44 crore. Cash flow from operations for FY26 was negative at Rs 37.71 lakh, and the previous CEO was replaced during the year due to chronic illness. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Un-allocable and corporate (91%), Real Estate Development (9%), Trading Activity (0%). Small listed entity with minimal operating revenue, primarily un-allocable/corporate activity and a small real estate exposure, classified under textiles
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | (0) |
| margin % | (634.2) | (659.2) | (410.2) | (208.3) | (150.4) |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.72 | 0.80 | 1.40 | 1.55 | 0.88 |
| ROE % · ROCE % | 1.0 · 1.0 | 1.1 · 1.4 | 1.1 · 1.3 | 1.1 · 0.9 | 0.6 · 1.1 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (0) | (0) | (0) | (0) | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | (0) | 0 | 0 | (0) | 0 | (0) | 0 |
| Net profit | 0 | (0) | 0 | 0 | (0) | 0 | (0) | 0 |
| EPS (₹) | 0.47 | (0.25) | 0.70 | 0.88 | (0.43) | 0.55 | (0.12) | 0.51 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 35,892 | 39.3 | 6.30 | 26.0 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 21,350 | 77.7 | 4.29 | 27.3 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 15,244 | 17.7 | 1.44 | 11.7 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,160 | 28.1 | 2.34 | 13.7 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,863 | 58.7 | 3.76 | 21.3 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,372 | 35.6 | 5.44 | 23.0 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,847 | 25.4 | 3.22 | 13.3 | 12.2 | 13.8 | — | 7.6 |
| ALOK INDUSTRIES LIMITED | 4,508 | — | — | 228.6 | 3.5 | (18.0) | (0.7) | 8.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 109.5 | 16.4 | 166 of 179 | 7% |
| P/B | 0.4 | 1.1 | 17 of 185 | 91% |
| ROCE | 1.1 | 4.3 | 147 of 215 | 32% |
| ROE | 0.6 | 4.7 | 142 of 188 | 25% |
| Debt / Equity | 0.0 | 0.4 | 1 of 188 | 89% |
| EBITDA margin | 937.6 | 9.8 | 3 of 198 | 99% |
| Revenue growth | (71.9) | 6.9 | 181 of 192 | 6% |
| Profit growth | (41.7) | 20.0 | 151 of 203 | 26% |
| Market cap | 15 | 64 | 186 of 223 | 17% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Oct 2026 · Trading Window Closure for Half-Yearly Results | compliance | minimal | — | — |
| 30 Sept 2026 · 41st AGM: Both resolutions passed with 100 percent approval | board shareholder meetings | low | — | — |
| 29 Sept 2026 · 41st AGM held; two ordinary resolutions transacted, voting results pending | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Asia Pack 41st AGM proceedings held on 29 September 2026 | board shareholder meetings | low | — | — |
| 6 Sept 2026 · Newspaper publication of 41st AGM notice with book closure and e-voting details | compliance | minimal | — | — |
| 2 Sept 2026 · KYC update reminder sent to physical shareholders | compliance | minimal | — | — |
| 2 Sept 2026 · Asia Pack: Book closure from 23-29 Sep for 41st AGM | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Asia Pack sets 29 September 2026 AGM date and posts annual report | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Asia Pack 41st AGM on 29 Sep 2026 to adopt FY26 results and reappoint director | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Asia Pack submits 41st Annual Report, AGM set for 29 September 2026 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.