Debut Plus

2.54

-0.03 -1.17%

10 Sept 2026

BSE Listed

Ashnisha Industries Limited (541702)

Volume: 5,67,808Avg Vol 1W: 33,42,848Avg Vol 1M: 26,97,71152W Range:2.485.36
Key Ratios
Checked 3h ago
Market Cap₹67 Cr
Current Price₹2.54
Previous Close₹2.57
High / Low (52w)₹5.36 / ₹2.48
Volume5,67,808
Avg Vol (1W)33,42,848
Avg Vol (1M)26,97,711
Stock P/E254
Book Value₹4.14
Dividend Yield0%
ROE22.35%
ROA12.53%
Revenue (TTM)
Revenue Growth
Profit Margin122.13%
Total Debt
Shares Outstanding27 Cr
Face Value
EPS (TTM)₹0.01
P/B0.61
Debt / Equity0.3
50 DMA₹3.47
200 DMA₹3.57
Day change-1.17%
Price Chart
2.54 7.97% · 1Y
533.3Cr
2025-09-10
2026-09-10

20-day avg volume: 28.4L shares

Pros
  • Healthy return on equity of 22.4%.
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Revenue fell 91% YoY.
  • Stock trades at a high P/E of 254.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹1 Cr₹3 Cr₹1 Cr₹0 Cr₹4 Cr₹3 Cr₹6 Cr₹1 Cr
EBITDA₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS
Profit & Loss (Annual)
MetricMar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026Jun 2026
Revenue₹1 Cr₹11 Cr₹0 Cr₹0 Cr₹3 Cr₹15 Cr₹6 Cr₹1 Cr
EBITDA₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS0.020.01
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹96 Cr₹66 Cr₹72 Cr₹69 Cr₹85 Cr₹94 Cr₹128 Cr₹136 Cr
Total Liabilities₹79 Cr₹5 Cr₹12 Cr₹8 Cr₹12 Cr₹17 Cr₹51 Cr₹9 Cr
Equity₹17 Cr₹61 Cr₹60 Cr₹61 Cr₹73 Cr₹77 Cr₹77 Cr₹126 Cr
Total Debt
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹58 Cr₹-67 Cr₹17 Cr₹-18 Cr₹-9 Cr₹3 Cr₹-12 Cr₹-42 Cr
Investing₹-16 Cr₹0 Cr₹-4 Cr₹5 Cr₹2 Cr₹-1 Cr₹1 Cr₹-3 Cr
Financing₹-41 Cr₹72 Cr₹-2 Cr₹-1 Cr₹10 Cr₹-4 Cr₹12 Cr₹52 Cr
Free Cash Flow₹58 Cr₹-67 Cr₹17 Cr₹-18 Cr₹-9 Cr₹3 Cr₹-12 Cr₹-42 Cr
Shareholding
Promoter 6.61% Institutions 0% Public 93.39%
Efficiency & Working Capital
ROCE0.3%
Interest Coverage0
Dividend Payout
Debtor Days457 d
Inventory Days0 d
Payable Days69 d
Cash Conversion Cycle388 d
Working Capital Days457 d
Shareholding Details

As of 2026-06-30

Promoter6.6%
FII0%
DII0%
Institutions0%
Public93.4%
Promoter Pledge0%
No. of Shareholders78,583
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Nov 2025Dec 2025Mar 2026Jun 2026
Promoters26.6%17.4%17.4%17.4%17.4%17.4%17.4%17.4%6.6%6.6%6.6%6.6%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public73.4%82.6%82.6%82.6%82.6%82.6%82.6%82.6%93.4%93.4%93.4%93.4%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders63,36978,19573,74968,63466,86365,92864,46863,03463,42763,89963,91478,583
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603
Major Shareholders (>1%)
NameCategoryStakeShares
Aarem Insights Private LimitedPublic Shareholding6%1.58 Cr
Bhavishya Ecommerce Private LimitedPublic Shareholding5%1.32 Cr
Tapan Sureshsinhji DesaiPublic Shareholding4.8%1.28 Cr
Shalin Ashok ShahShareholding of Promoter and Promoter Group3.2%85,00,000
Shah JayeshkumarPublic Shareholding3%80,50,276
Satish Jashvantbhai MejiyatarPublic Shareholding2.8%75,39,167
Ashok Chinubhai ShahShareholding of Promoter and Promoter Group2.8%75,00,000
Advanced Energy Resources & Management Private LimitedPublic Shareholding1.7%45,97,920
Shalin Dhaneshbhai SoniPublic Shareholding1.3%33,33,333
Jr Seamless Private LimitedPublic Shareholding1.2%31,13,782
Rhetan Tmt LtdShareholding of Promoter and Promoter Group0.6%14,55,840
Ashoka Metcast LimitedShareholding of Promoter and Promoter Group0%71,773
Leena Ashok ShahShareholding of Promoter and Promoter Group0%0
Lesha Ventures Private LimitedShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Ashok C ShahExecutive Director & MD2025
Shalin A ShahNon-Exec & Non-Independent Dir2025
Swapnil ShimpiIndependent Non Exe. Director2025
Yash Vishwanath BodadeIndependent Non Exe. Director2025
Deepti G GavaliIndependent Non Exe. Director2025
Umangkumar Hirabhai PatelIndependent Non Exe. Director2025
Payal Punit PandyaCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Steel₹8 Cr100%
Others₹0 Cr0%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹1282727
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-14Board Meetings
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000044
2025000011
2025000033
Substantial Acquisitions (SAST)

2 disclosure(s)

Allotment12/11/2025 · 1,36,89,800
Allotment12/11/2025 · 1,36,89,800
Company Information
Incorporated2009
AuditorGMCA & Co
Investor Email[email protected]
🌐 www.ashnisha.in

📍 7th Floor Ashoka Chambers, Opp. HCG Hospital Mithakhali, Ahmedabad, Gujarat, 380006

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