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NSE:ASTAR

ASIAN STAR CO. LTD.

Consumer Durables › Consumer Durables
₹642.00
at close · 8 Oct 2026
▼ 4.75 (-0.73%)
ThemesArtificial Intelligence· mention

Latest filings

  1. AGM 2026: all 4 resolutions pass; Rs 1.50 dividend declared · Board & Shareholder Meetings
  2. Disclosure of Voting result of the Remote e-voting and e-voting at 32nd AGM of the Company held on Monday, September 28, 2026 · Board & Shareholder Meetings
  3. 32nd AGM of Asian Star Company held on Sept 28, 2026 · Board & Shareholder Meetings
All filings ↓
Ask Nexa about ASIAN STAR CO. LTD.

Snapshot

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

AI · written from filings

Processes rough diamonds and manufactures diamond-studded jewellery, operating through two segments — Diamonds and Jewellery — alongside a small Others line. In FY26, consolidated revenue from Diamonds was Rs. 1,73,852 lakhs and from Jewellery Rs. 85,339 lakhs, with total revenue of Rs. 2,882.0051 crore and net profit of Rs. 40.4246 crore. Operations span a Mumbai-registered entity with a Hosur manufacturing unit in India, a wholly-owned Dubai subsidiary (Asian Star FZCO) for international trading, and an associate entity (Shah Manufacturers) that recently converted from a partnership into an LLP. Raw materials — rough diamonds and gold — account for 82.2% of revenue, leaving the cost base heavily exposed to commodity prices and currency moves. Margins are thin, with FY26 EBITDA margin at 2.9557% and net profit margin at 1.4027%, reflecting the value-add nature of cutting, polishing and assembly work.

Operating scale
Wholly-owned subsidiary
Asian Star FZCO, Dubai
Domestic manufacturing unit
Hosur Unit (India)
Associate entity
Shah Manufacturers (LLP)
Recommended dividend
Rs. 1.50 per equity share (face value Rs. 10)FY26
Debt-to-equity
0.2976FY26
Consolidated FY26 segment split
Diamonds Rs. 1,73,852 lakhs; Jewellery Rs. 85,339 lakhsFY26
Who pays it
Domestic and international buyers of cut/polished diamonds and diamond-studded jewellery, accessed through the Dubai trading subsidiary
Biggest cost
Raw materials (rough diamonds and gold) at 82.2% of revenue
Kind of business
Cyclical, materials-intensive diamond processing and jewellery manufacturing
Where it sits
Mumbai-headquartered diamond processor and jewellery manufacturer with Indian manufacturing and Dubai trading presence
Market Cap
₹1,028 Cr
P / E (TTM)
26.3×
EV / EBITDA
16.5×
Div Yield
0.23%
Growth
2.5%▲
Revenue 5y CAGR
PAT -8.8% · EBITDA +1.8%
Quality
4.3%·
ROCE (FY26)
ROE 2.4% · margin 3.0%
Leverage
0.30·
Debt / Equity · low
Net debt ₹376 Cr
Revenue FY20→FY26
0.9×▼
Margin −0.7 pts
₹3,053 Cr → ₹2,882 Cr
Cash conversion
1.09×▲
Operating cash ÷ profit · 5 yrs
₹355 Cr on ₹325 Cr
Moves on a normal day
1.84%·
Median daily move
Last 103 sessions · the yardstick for filing-day moves
Where it sits among 29 Gems Jewellery And Watches peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#16/29
P/B#2/28
ROCE#26/28
ROE#26/28
Debt / Equity#14/28
EBITDA margin#28/30
Revenue growth#24/25
Profit growth#6/25

Scorecard

Measured from the filed financials, judged against its Gems Jewellery And Watches peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹325 Cr of profit and ₹355 Cr of operating cash — 1.09×
Profit is converting into cash
Concerns
Slow revenue growth — 3% a year over 5 years
Profit shrinking over 5 years (−9% a year)
Returns on capital 4.3%
#26 of 28 in Gems Jewellery And Watches on the latest reported figures · down from 7.6% in FY20
Heavy working capital — 204 days of cash tied up
Customers are taking longer to pay — 80 → 112 days of receivables
FY20 → FY26

Charts

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

ASTAR · 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 ASIAN STAR CO. LTD.'s filed financials and exchange disclosures

What does ASIAN STAR CO. LTD. do?

ASIAN STAR CO. LTD. is a Consumer Durables company listed on NSE and BSE, trading under the symbol ASTAR.

Is ASIAN STAR CO. LTD. profitable?

Yes. Over the trailing twelve months ASIAN STAR CO. LTD. reported a net profit of ₹41 Cr on revenue of ₹2,882 Cr.

Does ASIAN STAR CO. LTD. pay a dividend?

Yes. The dividend yield is 0.23% at the current price. It paid out 6% of its profit as dividend in FY26.

Is ASIAN STAR CO. LTD. debt-free?

No. It reported borrowings of ₹493 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹376 Cr after cash. Debt stands at 0.30× equity. That is lower than 52% of its 28 Gems Jewellery And Watches peers.

Is ASIAN STAR CO. LTD. expensive compared with its peers?

On trailing P/E, ASIAN STAR CO. LTD. ranks 16 of 29 in Gems Jewellery And Watches — cheaper than 46% of them, against an industry median of 26.3×. This is a position, not a valuation judgement.

How much does the ASIAN STAR CO. LTD. share price move in a day?

On a typical session ASIAN STAR CO. LTD. moves 1.84% — that is the median absolute close-to-close move across its last 103 trading days. MarketPing measures each filing's price reaction against it.

Where can I track ASIAN STAR CO. LTD.'s announcements?

Every NSE and BSE filing by ASIAN STAR CO. LTD. 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.