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Ashnoor Textile Mills Ltd

ASHNOOR

Ashnoor Textile Mills Ltd

ASHNOOR
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹78 cr, stock is ranked 3,159
High RiskStock is 3.44x as volatile as Nifty
48.611.78% (-0.88)
48.611.78% (-0.88)

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1M
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Max
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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹78 cr, stock is ranked 3,159
High RiskStock is 3.44x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹78 cr, stock is ranked 3,159
High RiskStock is 3.44x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
8.101.23
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
42.927.320.46%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Ashnoor Textile Mills is a textile company engaged in the production of towels of various sizes. Its principal product is Terry Towel

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 1.12%, vs industry avg of 3.97%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.1% to 0.08%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 12.43%, vs industry avg of 4.49%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue98.5782.4289.38128.70137.27119.55262.32177.69136.06157.28
Raw Materialssubtract61.8043.9449.1969.7276.4368.99150.26108.1567.41134.73
Power & Fuel Costsubtract1.710.020.020.040.020.010.000.040.01
Employee Costsubtract2.642.883.072.361.591.411.812.181.87
Selling & Administrative Expensessubtract8.229.028.3110.5011.897.9124.4313.9913.61
Operating & Other expensessubtract17.9117.5721.2632.6137.6128.7066.5837.2133.82
Depreciation/Amortizationsubtract2.122.632.232.342.853.083.693.924.334.74
Interest & Other Itemssubtract1.452.111.616.242.812.463.544.165.305.38
Taxes & Other Itemssubtract1.521.331.500.760.841.563.071.922.292.72
EPS0.952.311.733.022.173.625.954.075.347.62
DPS0.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTextiles

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Ashnoor Textile Mills Ltd10.611.23
KPR Mill Ltd40.007.390.53%
Vedant Fashions Ltd76.1819.700.65%
Trident Ltd51.244.151.02%

Price Comparison

Compare ASHNOOR with any stock or ETF
Compare ASHNOOR with any stock or ETF
ASHNOOR
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 2.16%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding71.51%0.00%0.13%0.00%28.35%

Dec 2023

Mar 2024

May 2024

Jun 2024

Shareholding History

JunSepDec '23MarMayJun0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ASHNOOR has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Earnings
Ashnoor Textile Mills standalone net profit rises 93.75% in the June 2024 quarter

Net profit of Ashnoor Textile Mills rose 93.75% to Rs 4.65 crore in the quarter ended June 2024 as against Rs 2.40 crore during the previous quarter ended June 2023. Sales rose 56.42% to Rs 49.71 crore in the quarter ended June 2024 as against Rs 31.78 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales49.7131.78 56 OPM %10.6816.46 - PBDT7.524.40 71 PBT6.133.42 79 NP4.652.40 94 Powered by Capital Market - Live

1 month agoCapital Market - Live

Ashnoor Textile Mills standalone net profit rises 266.15% in the June 2021 quarter

3 years agoBusiness Standard

Ashnoor Textile Mills reports standalone net profit of Rs 2.27 crore in the March 2021 quarter

3 years agoBusiness Standard

BRIEF-Ashnoor Textile Mills Reports Higher Dec-Quarter Profit

3 years agoInvesting.com

BRIEF-Ashnoor Textile Mills Says To Consider Fund Raising - Investing.com India

3 years agoInvesting.com