Asian Star Co. Ltd.

Asian Star Co. Ltd.

599.00
INR
-10.50
(-1.72%)
20.00EPS
30.85P/E
9.86BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2,030.51
2,012.43
2,063
2,182.73
2,439.6
2,275.4
1,907.27
1,589.57
2,762.96
2,797.72
2,201.12
1,846.56
1,800.49
1,689.68
Basic EPS, GAAP
48.71
51.2
46.43
41.31
68.18
71.8
39.61
39.94
58.62
51.63
48.25
26.98
25.25
19.97
Free Cash Flow per Basic Share
-63.05
81.26
68.05
19.26
173.7
79.9
62.41
72.12
-113.32
55.4
-51.9
139.81
52.03
- -
Dividend per Share
1.75
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
- -
Book Value per Share
343.33
392.79
489.98
526.56
593.81
671.88
727.7
758.26
821.69
896.73
945.05
978.48
1,037.74
- -
Tangible Book Value per Share
343.25
392.75
489.98
526.54
593.67
671.88
727.7
758.26
821.68
896.25
944.3
977.76
1,037.07
- -
Basic Weighted Avg Shares
16
16
16
16
16
16
16
16
16
16
16
16
16
17
Sales/Revenue/Turnover
32,502
32,213
33,022
34,939
39,050
36,422
30,529
25,444
44,226
44,783
35,233
29,558
28,820
28,038
Operating Margin (%)
3.73
3.82
3.46
3.41
4.14
4.56
3.42
1.97
2.76
3.1
3.07
2.42
1.96
1.63
Depreciation Expense
97
161
164
178
174
172
160
148
140
124
119
110
96
97
Net Income, GAAP
780
820
743
661
1,091
1,149
634
639
938
826
772
432
404
331
Effective Tax Rate (%)
19.65
19.12
18.49
26.62
13.79
15.39
18.61
- -
16.88
20.82
20.11
23.34
19.01
19.8
Profit Margin (%)
2.4
2.54
2.25
1.89
2.79
3.16
2.08
2.51
2.12
1.85
2.19
1.46
1.4
1.18
Working Capital
4,314
4,983
5,556
5,773
7,303
8,538
9,492
10,091
11,382
12,867
13,716
14,317
15,324
- -
LT Debt
582
468
225
251
226
516
508
512
499
531
534
580
524
- -
Total Equity
5,496
6,287
7,830
8,400
9,838
10,735
11,631
12,119
13,134
14,336
15,089
15,620
16,577
- -
Return on Invested Capital (%)
6.84
6.76
5.34
4.44
7.19
7.65
4.7
- -
5.06
5.38
4.02
2.44
2.14
- -
Return on Capital (%)
6.77
6.5
5.19
4.48
7.24
7.46
4.31
- -
5.11
5.05
4.84
3.12
2.7
- -
Return on Common Equity (%)
15.27
13.91
10.52
8.13
12.17
11.35
5.66
5.38
7.42
6.01
5.24
2.81
2.51
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,409
- -
LT Borrowings
- -
524
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
10,719
9,764
9,860

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
22,426
- -
Cash, Cash Equivalents & STI
- -
1,811
- -
Accounts Receivable, Net
- -
8,856
- -
Inventories
- -
7,285
- -
Total Current Liabilities
- -
7,103
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,409
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.85%
6.49%
6.12%
Free Cash Flow
-36.2%
-206.37%
-62.79%
Net Income, GAAP
-0.69%
-4.44%
-6.4%
Sales/Revenue/Turnover
1.31%
7.03%
-2.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7,592
6,540
6,882
8,543
29,558
2026
7,165
7,594
6,601
7,460
28,820
2027
6,383
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11.54
10.73
7.51
-2.8
26.98
2026
12.08
7.31
5.28
-0.25
25.25
2027
7.53
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
1.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vipul Prabodh Shah
Full Time Employees
1,797
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
114-C, Mittal Court Mumbai MA India 400021
IPO Date
May 13, 1996
Business
Asian Star Company Limited (ASTAR.BO), founded in 1971 and headquartered in Mumbai, India, manufactures and sells polished diamonds and diamond jewelry worldwide through its two primary segments, Diamonds and Jewellery; the Diamonds segment produces polished diamonds in various shapes including hearts, hearts and arrows, marquise, pears, princess and round, sizes from 1 to 5 carats and calibrated sizes as per customer needs, colors and purities with certifications from GIA, IGI and HRD; the Jewellery segment offers exquisite diamond-studded pieces in 18K yellow, white and pink gold as well as platinum, encompassing bridal and fashion jewelry, ceramic fine jewelry, men's urban jewelry, specialized collections for designer brands and private labels with customized patented settings, and participation in mine-origin programs such as De Beers Code of Origin. The company operates globally with subsidiaries including Asian Star DMCC, Asian Star Company Limited (USA) and Asian Star Trading (Hong Kong) Limited, targeting leading international jewelry brands, retail chains and wholesale clients through world-class manufacturing facilities in Mumbai's MIDC and SEZ areas, advanced planning systems, marketing support, on-time supply and quality control strategies. Recent developments include consolidated financial reporting encompassing its international subsidiaries as affirmed in the October 2025 CARE Ratings assessment amid challenges from the US 50% reciprocal tariff on Indian gems and jewelry imports effective August 27, 2025, alongside a scheduled board meeting on November 12, 2025 to consider unannounced strategic matters, while maintaining strong balance sheet solvency and profitability of INR 36.5 crore for the trailing twelve months despite a year-over-year decline.