Financials Ashirwad Capital Limited

Equities

ASHCAP6

INE894A01026

Investment Management & Fund Operators

Market Closed - Bombay S.E. 06:00:57 2024-07-04 am EDT 5-day change 1st Jan Change
5.09 INR -3.96% Intraday chart for Ashirwad Capital Limited -15.73% +72.35%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024
Capitalization 1 136.8 95.2 170.4 280.4 152.4 306.6
Enterprise Value (EV) 1 126.8 83.3 170.2 272.9 152.4 306.6
P/E ratio 19 x 34 x 30.4 x 28 x 20.1 x 19.7 x
Yield 2.92% - - - - -
Capitalization / Revenue 13.5 x 20.9 x 24.2 x 22.9 x 15.8 x 16.3 x
EV / Revenue 12.5 x 18.3 x 24.2 x 22.3 x 15.8 x 16.3 x
EV / EBITDA 14 x 24.3 x 27.8 x 24.2 x 17.8 x 17.6 x
EV / FCF -49.7 x 18.6 x 41.4 x 34.1 x -14.6 x 32,702 x
FCF Yield -2.01% 5.37% 2.41% 2.93% -6.85% 0%
Price to Book 1.89 x 1.52 x 1.78 x 2.22 x 1.15 x 1.62 x
Nbr of stocks (in thousands) 90,000 90,000 90,000 90,000 90,000 90,000
Reference price 2 1.520 1.058 1.893 3.116 1.693 3.407
Announcement Date 9/6/19 12/4/20 8/31/21 6/2/22 5/17/23 5/21/24
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024
Net sales 1 10.11 4.563 7.04 12.23 9.625 18.76
EBITDA 1 9.036 3.43 6.133 11.28 8.572 17.39
EBIT 1 8.939 3.341 6.049 11.2 8.497 17.32
Operating Margin 88.43% 73.21% 85.93% 91.61% 88.28% 92.3%
Earnings before Tax (EBT) 1 8.939 3.341 6.049 11.2 8.497 17.32
Net income 1 7.049 2.912 5.755 9.909 7.59 15.48
Net margin 69.74% 63.81% 81.75% 81.06% 78.86% 82.51%
EPS 2 0.0800 0.0311 0.0622 0.1111 0.0844 0.1733
Free Cash Flow 1 -2.553 4.47 4.109 7.993 -10.43 0.009375
FCF margin -25.26% 97.96% 58.36% 65.38% -108.41% 0.05%
FCF Conversion (EBITDA) - 130.31% 66.99% 70.87% - 0.05%
FCF Conversion (Net income) - 153.52% 71.39% 80.66% - 0.06%
Dividend per Share 2 0.0444 - - - - -
Announcement Date 9/6/19 12/4/20 8/31/21 6/2/22 5/17/23 5/21/24
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2019 2020 2021 2022 2023 2024
Net Debt 1 - - - - - -
Net Cash position 1 9.95 11.9 0.17 7.54 0.03 0.02
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -2.55 4.47 4.11 7.99 -10.4 0.01
ROE (net income / shareholders' equity) 10.3% 3.82% 7.26% 8.91% 5.86% 9.62%
ROA (Net income/ Total Assets) 7.56% 2.67% 4.69% 6.19% 4.04% 6.64%
Assets 1 93.29 108.9 122.7 160 187.9 233.3
Book Value Per Share 2 0.8000 0.7000 1.070 1.400 1.470 2.100
Cash Flow per Share 2 0.1100 0.1300 0 0.0800 0 0
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 9/6/19 12/4/20 8/31/21 6/2/22 5/17/23 5/21/24
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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