1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
Ashima Limited

Ashima Limited

ASHIMASYN.NS
Ashima LimitedIN flagNational Stock Exchange of India
15.43
INR
+1.00
- -
2.96BMarket Cap
Ashima Limited
ASHIMASYN.NS
(National Stock Exchange of India)

Recent

price

15.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
60.36
56.43
61.66
62.36
81.24
63.92
15.93
17.75
17.34
14.72
5.36
10.8
10.8
4.68
0.55
- -
0.74
Revenue per Share
-1.77
-3.32
-3.79
-2.99
-5.56
-7.06
2.28
9.85
1.7
-0.18
-0.6
0.93
-0.35
5.03
-0.99
- -
-1.05
Basic EPS, GAAP
-0.69
-0.1
0.05
0.18
1.61
1.65
-2.23
-2.34
-1.42
-0.22
-0.46
-1.91
-2.2
-2.28
-1.05
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-99.18
-101.96
-105.21
-108.19
-151.7
-47.28
4.57
12.58
11.87
11.69
11.09
11.96
11.73
16.76
15.75
- -
9.89
Book Value per Share
-50.98
-53.74
-56.98
-59.95
-80.63
4.33
4.48
12.46
11.74
11.51
10.9
11.73
11.49
16.53
15.55
- -
14.28
Tangible Book Value per Share
43
43
43
43
33
33
120
128
192
192
192
193
192
192
192
- -
194
Basic Weighted Avg Shares
2,594
2,425
2,649
2,679
2,711
2,133
1,905
2,280
3,322
2,820
1,027
2,081
2,070
896
105
120
144
Sales/Revenue/Turnover
-1.06
-4.54
-4.87
-4.08
-0.17
-5.11
-7.88
-5.54
-2.39
-2.93
-6.08
-4.59
-4.36
79.61
43.99
-28.64
16.64
Operating Margin (%)
144
134
133
123
46
38
34
37
56
54
34
44
41
8
7
3
3
Depreciation Expense
-52
-119
-140
-128
-162
-236
272
1,265
326
-34
-115
179
-66
964
-190
-203
-203
Net Income, GAAP
- -
- -
- -
- -
- -
- -
1.48
- -
- -
- -
6.32
- -
- -
0.09
- -
- -
4.05
Effective Tax Rate (%)
-2.02
-4.92
-5.27
-4.79
-5.98
-11.05
14.3
55.46
9.82
-1.2
-11.17
8.61
-3.21
107.59
-181.3
-169.03
-140.71
Profit Margin (%)
553
563
521
531
477
-635
4
741
1,002
924
833
983
929
2,173
2,861
2,529
2,529
Working Capital
4,707
4,752
4,727
4,681
4,574
623
739
238
246
222
124
78
250
1,025
1,125
1,639
1,639
LT Debt
-2,182
-2,302
-2,441
-2,570
-2,687
147
538
1,603
2,253
2,209
2,092
2,262
2,203
3,168
2,986
2,769
2,769
Total Equity
- -
- -
- -
- -
- -
- -
-9.68
-7.9
-3.6
- -
-2.44
-4.06
- -
20.74
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
53.37
82.08
17.95
- -
-4.01
8.41
- -
28.67
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
116.96
16.77
-1.5
-5.25
8.09
-2.92
35.31
-6.09
-8.22
-8.22
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
4
LT Borrowings
1,675
- -
1,639
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
192
- -
192
Market Capitalization
4,320
3,715
2,284

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,390
- -
3,692
Cash, Cash Equivalents & STI
1,658
- -
723
Accounts Receivable, Net
21
- -
21
Inventories
2,396
- -
2,904
Total Current Liabilities
1,135
- -
1,163
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
53.43%
7.27%
-7.25%
Free Cash Flow
-16.97%
76.65%
104.22%
Net Income, GAAP
-185.23%
-411.2%
6.84%
Sales/Revenue/Turnover
-5.22%
-5.65%
14.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
534
34
63
1,462
896
2025
78
53
22
8
105
2026
28
40
8
69
120

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
-0.07
0.18
- -
5.03
2025
0.07
-0.62
-0.6
0.17
-0.99
2026
-0.13
-0.42
-0.14
-0.36
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ashima Limited (ASHIMASYN.NS), founded in 1982 and headquartered in Ahmedabad, Gujarat, India, is a vertically integrated textile manufacturer that produces a wide range of cotton fabrics and related products; its core offerings include yarn-dyed shirting fabrics such as Ashima F16, piece-dyed fabrics, denims through its Denim Division, cotton yarns via its Spinfab Division, and apparel items like formal shirts, casual shirts, T-shirts, pants, and interlinings (soft and medium varieties); the company also provides services including cotton fabric embroidery dyeing, tie dyeing, and yarn dyeing, serving global brands, international buying houses, and domestic garment industries with tailored solutions emphasizing current fashion trends, quality, and rapid delivery; operations span India with export percentages of 20-40% and focus on the textiles and apparels sector targeting B2B customers in cotton textiles value chain from yarn to garments. In recent developments, Ashima Limited has shifted strategic emphasis toward real estate development and investment activities, operating through Real Estate, Investment, and Investment Management segments including portfolio management services; it maintains a wholly owned subsidiary, Ashima Capital Management Limited, which entered related party transactions with Saumya Construction Private Limited for FY 2026-27 through 2027-28 exceeding regulatory thresholds as approved in board resolutions; the company reported oscillating profitability with a TTM loss of Rs 18.91 crore and Mar 2025 loss of Rs 19 crore following a Rs 96.41 crore profit in Mar 2024, while board meetings in September 2024 addressed key operational outcomes amid a market cap of Rs 385 crore.