Yasho Industries Ltd. (YASHO) AI Stock Analysis

Yasho Industries Ltd.

(NSE:YASHO)

Select Model

Rating:47Neutral

Price Target:INR 3,241.00▲(0.44% Upside)

Action:reiterated

Date:10/29/26

The score is primarily held back by inconsistent financial quality—volatile margins, weak multi-year free cash flow, and still-meaningful leverage—followed by a weak technical setup with the price below key moving averages and negative MACD. Valuation further constrains upside given a high P/E and modest dividend yield.

Positive Factors

Revenue ReaccelerationRevenue growth re-accelerated after only a small increase in FY2025, indicating improving demand across the company’s specialty-chemical portfolio. If sustained, this broader top-line momentum can support better operating leverage, customer reach, and reinvestment capacity over the next several quarters.

Negative Factors

Volatile ProfitabilityProfitability has weakened substantially from approximately 10% net margins in FY2023 and FY2024, with only a partial recovery in FY2026. This volatility makes earnings less predictable and suggests that revenue growth is not yet translating consistently into durable shareholder returns or stable operating performance.

Yasho Industries Ltd. (YASHO) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 38.88B
Dividend Yield: 0.02%
Average Volume (3M): 3,755
Price to Earnings (P/E): 45.0
Beta (1Y): 0.78
Revenue Growth: 35.27%
EPS Growth: 364.34%
Country: India
Employees: 818
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

Yasho Industries Ltd. Business Overview & Revenue Model

Company Description

Yasho Industries Limited, an Indian company headquartered in Mumbai since its inception in 1985, specializes in manufacturing and supplying a comprehensive range of chemicals. Its market presence extends across the United States, Europe, Asia, and th...

Yasho Industries Ltd. Financial Statement Overview

Summary

Revenue growth improved in FY2026 (+16.3% YoY), but profitability has been volatile (net margin fell to ~0.9% in FY2025 and only recovered to ~3.0% in FY2026). Cash generation is a major weakness: operating cash flow conversion is modest in FY2026 (~0.25x net income) and free cash flow was negative in multiple years with only slightly positive FY2026. Leverage remains meaningful (FY2026 debt-to-equity ~1.26) and returns are subdued (ROE ~5.7% in FY2026).

Income Statement

58Neutral

Balance Sheet

55Neutral

Cash Flow

42Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	9.39B	8.30B	6.68B	5.94B	6.68B	6.08B
Gross Profit	2.46B	2.00B	2.78B	2.07B	2.49B	2.18B
EBITDA	1.85B	1.43B	1.10B	1.07B	1.24B	1.03B
Net Income	576.66M	252.58M	61.10M	579.37M	678.68M	522.86M
Balance Sheet
Total Assets	0	11.55B	10.94B	9.93B	6.50B	4.83B
Cash, Cash Equivalents and Short-Term Investments	35.16M	180.22M	284.30M	988.00K	5.20M	2.19M
Total Debt	0	5.58B	5.83B	5.79B	3.24B	1.79B
Total Liabilities	-4.44B	7.11B	6.74B	6.98B	4.12B	3.10B
Stockholders Equity	4.44B	4.44B	4.20B	2.95B	2.38B	1.73B
Cash Flow
Free Cash Flow	198.66M	154.19M	-454.10M	-2.47B	-1.41B	-444.36M
Operating Cash Flow	617.86M	892.55M	-419.70M	901.86M	125.20M	161.59M
Investing Cash Flow	-446.42M	-738.43M	-87.60M	-3.04B	-1.32B	-591.65M
Financing Cash Flow	-207.97M	-255.55M	592.20M	2.14B	1.22B	426.12M

Yasho Industries Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price3226.70

Price Trends

50DMA3991.38Negative

100DMA3634.30Negative

200DMA2584.52Positive

Market Momentum

MACD-175.50Positive

RSI38.14Neutral

STOCH14.29Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:YASHO, the sentiment is Negative. The current price of 3226.70 is below the 20-day moving average (MA) of 3772.18, below the 50-day MA of 3991.38, and above the 200-day MA of 2584.52, indicating a neutral trend. The MACD of -175.50 indicates Positive momentum. The RSI at 38.14 is Neutral, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:YASHO.

Yasho Industries Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:YASHO against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:KIRIINDUS	77Outperform	INR 35.17B	0.56	―	―	10.71%	2756.39%
IN:NOCIL	67Neutral	INR 22.92B	34.63	―	1.09%	0.96%	-28.98%
IN:ROSSARI	65Neutral	INR 22.12B	14.48	―	0.13%	19.76%	11.74%
IN:SOTL	64Neutral	INR 44.45B	10.76	―	0.77%	26.14%	223.49%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:TATVA	55Neutral	INR 38.49B	61.11	―	0.12%	49.69%	254.75%
IN:YASHO	47Neutral	INR 38.90B	44.95	―	0.02%	35.27%	364.34%

* General Sector Average

Performance Comparison

IN:YASHO and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:YASHO	Yasho Industries Ltd.	3226.70	1543.37	91.69%
IN:KIRIINDUS	Kiri Industries Limited	539.70	-6.25	-1.14%
IN:NOCIL	NOCIL Limited	137.20	-42.32	-23.58%
IN:ROSSARI	Rossari Biotech Ltd	399.25	-242.58	-37.79%
IN:SOTL	Savita Oil Technologies Limited	648.35	259.79	66.86%
IN:TATVA	Tatva Chintan Pharma Chem Limited	1645.45	235.40	16.69%

Yasho Industries Ltd. Corporate Events

Yasho Industries Publishes Postal Ballot and E-Voting Notice to Shareholders

Sep 10, 2026

Yasho Industries Limited has notified the stock exchanges that it has published newspaper advertisements regarding the dispatch of a postal ballot notice and accompanying e-voting information to shareholders. The advertisements appeared on September...

Yasho Industries posts Q1 FY27 earnings call transcript for investors

Aug 10, 2026

Yasho Industries Ltd. has released the transcript of its Q1 FY27 earnings conference call, making it available to investors via filings with Indian stock exchanges and on the company’s website. The disclosure underscores the company’s adh...

Yasho Industries Boosts Borrowing Limits Alongside Quarterly Results

Jul 31, 2026

Yasho Industries Limited has reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with limited review reports from its statutory auditors. The disclosures follow SEBI listing regulations and...

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.

Date of analysis: Oct 29, 2026

Yasho Industries Ltd. AI Stock Analysis