Want to see IN:ASHIMASYN full AI Analyst Report?
Top Page
Ashima Limited
(ASHIMASYN)
Select Model
Select Model
Rating:47Neutral
Price Target:
₹18.50
▲(3.29% Upside)
Action:Reiterated
Date:07/22/26
The score is held down primarily by weak financial performance—especially persistent negative operating/free cash flow and the swing to large losses after 2024—along with a negative P/E that reflects current unprofitability. Partially offsetting this, the technical setup is moderately positive with the price above key moving averages, though momentum is mixed.
Positive Factors
Reported Growth Indicators
The reported revenue and EPS growth indicators point to potential recovery and operating improvement. If sustained, stronger activity could support scale benefits, but the sharp historical volatility means this progress requires confirmation through consistent earnings and cash generation.
Negative Factors
Persistent Negative Cash Flow
Consistently negative operating and free cash flow indicate that the business has not been self-funding. Continued cash burn can increase reliance on borrowing or asset sales, constrain investment, and create ongoing liquidity risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Reported Growth Indicators
The reported revenue and EPS growth indicators point to potential recovery and operating improvement. If sustained, stronger activity could support scale benefits, but the sharp historical volatility means this progress requires confirmation through consistent earnings and cash generation.
Read all positive factors
Ashima Limited (ASHIMASYN) vs. iShares MSCI India ETF (INDA)
Market Cap
₹3.39B
Dividend YieldN/A
Average Volume (3M)16.42K
Price to Earnings (P/E)―
Beta (1Y)1.19
Revenue Growth107.63%
EPS Growth30.42%
CountryIN
Employees52
SectorGeneral
Sector StrengthN/A
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-1.05
Shares Outstanding191,660,080
10 Day Avg. Volume21,871
30 Day Avg. Volume16,417
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.81
Price to Sales (P/S)10.32
P/FCF Ratio-5.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ashima Limited Business Overview & Revenue Model
Company Description
Ashima Limited engages in real estate business in India. It operates through Real Estate and Investment segments. The company provides portfolio management services, as well as develops residential and commercial properties. Ashima Limited was inc...
How the Company Makes Money
Ashima Limited makes money mainly by selling textile products—primarily fabrics—produced through its manufacturing and processing operations. Revenue is generated when the company supplies finished or processed fabric (and potentially other textil...
Ashima Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
58
Neutral
Cash Flow
21
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 218.60M | 104.80M | 3.29B | 2.07B | 2.08B |
| Gross Profit | 183.80M | 109.80M | 1.37B | 494.40M | 890.70M |
| EBITDA | 30.80M | 71.90M | 706.40M | -13.10M | 312.50M |
| Net Income | -203.00M | -190.00M | 964.10M | -66.50M | 179.20M |
Balance Sheet | |||||
| Total Assets | 5.57B | 5.02B | 5.44B | 3.20B | 3.18B |
| Cash, Cash Equivalents and Short-Term Investments | 699.30M | 920.00M | 670.10M | 239.70M | 271.10M |
| Total Debt | 1.64B | 1.22B | 1.24B | 327.10M | 181.50M |
| Total Liabilities | 2.80B | 2.04B | 2.27B | 998.90M | 914.10M |
| Stockholders Equity | 2.77B | 2.99B | 3.17B | 2.20B | 2.26B |
Cash Flow | |||||
| Free Cash Flow | -441.40M | -201.60M | -436.10M | -421.40M | -367.80M |
| Operating Cash Flow | -432.60M | -198.60M | -384.40M | -239.10M | -264.00M |
| Investing Cash Flow | -465.80M | 294.40M | -35.40M | 160.20M | 374.50M |
| Financing Cash Flow | 417.50M | -97.20M | 864.50M | 132.20M | -55.40M |
Ashima Limited Technical Analysis
Positive
17.91
Price Trends
17.01
Positive
16.54
Positive
16.58
Positive
Market Momentum
0.15
Positive
49.48
Neutral
8.82
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASHIMASYN, the sentiment is Positive. The current price of 17.91 is above the 20-day moving average (MA) of 17.89, above the 50-day MA of 17.01, and above the 200-day MA of 16.58, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 49.48 is Neutral, neither overbought nor oversold. The STOCH value of 8.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ASHIMASYN.
Ashima Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | ₹1.05B | 33.18 | ― | 0.31% | -10.49% | 17.73% | |
56 Neutral | ₹1.06B | 377.96 | ― | ― | -17.96% | -90.19% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹1.86B | 19.23 | ― | 0.65% | 0.34% | 26.39% | |
52 Neutral | ₹1.99B | -5.56 | ― | 0.47% | -11.34% | 7.18% | |
50 Neutral | ₹1.58B | 105.56 | ― | 0.15% | -56.57% | -80.73% | |
47 Neutral | ₹3.39B | -21.88 | ― | ― | 107.63% | 30.42% |
* General Sector Average
IN:ASHIMASYN
Ashima Limited
17.67
-6.19
-25.94%
IN:FILATFASH
Filatex Fashions Limited
0.19
-0.36
-65.45%
IN:LOVABLE
Lovable Lingerie Limited
70.54
-23.14
-24.70%
IN:VIPCLOTHNG
VIP Clothing Limited
20.24
-13.51
-40.03%
IN:ZENITHEXPO
Zenith Exports Limited
197.15
-79.85
-28.83%
IN:ZODIACLOTH
Zodiac Clothing Company Limited
72.06
-26.47
-26.86%
Ashima Limited Corporate Events
Ashima Limited Files Voting Results and Scrutinizer’s Report for 43rd AGM
Aug 6, 2026
Ashima Limited held its 43rd Annual General Meeting on August 6, 2026, conducted via video conferencing and other audio-visual means in compliance with applicable corporate and securities regulations. The meeting, held between 11:30 a.m. and 11:59...
Ashima Sets Record Date and Book Closure for 43rd AGM, Enables E-Voting
Jul 14, 2026
Ashima Limited has scheduled the closure of its Register of Members and Share Transfer Books from July 30, 2026 to August 6, 2026, to determine eligible shareholders for its 43rd Annual General Meeting. The AGM will be held on August 6, 2026 at 11...
Ashima Limited Publishes Postal Ballot Notice in Compliance with SEBI Norms
May 28, 2026
Ashima Limited has informed the stock exchanges that it has published a postal ballot notice in English and Gujarati newspapers, in line with regulatory requirements under the Companies Act and SEBI’s listing obligations. The advertisements,...
Ashima Limited Clears FY 2026 Results With Clean Audit, Renews Internal Auditor Mandate
May 23, 2026
Ashima Limited’s board has approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with the statements of assets and liabilities and cash flow statements. The statutory auditors...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.