1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Asahi Songwon Colors Ltd.

Asahi Songwon Colors Ltd.

369.60
INR
-7.25
(-1.92%)
29.03EPS
8.50P/E
2.96BMarket 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
246.09
195.18
182.46
200.35
231.39
232.75
223.27
232.77
340.89
426.52
361
474.49
452.02
487.57
Basic EPS, GAAP
11.89
14.42
17.1
22.35
18.8
14.91
18.6
26.78
16.1
-9.89
17.01
16.77
15.93
29.57
Free Cash Flow per Basic Share
2.51
14.84
17.41
12.9
-43.5
18.18
37.06
-73.32
-23.42
-1.27
-37.92
44.08
32.02
- -
Dividend per Share
4.09
2.52
6.61
3.61
0.01
3.63
- -
- -
3.5
0.5
0.51
0.5
1.5
- -
Book Value per Share
105.82
96.13
110.42
129.17
148.01
157.75
164.29
189.16
201.47
185.44
199.87
216.37
230.24
- -
Tangible Book Value per Share
105.64
96.13
110.42
129.17
148.01
157.75
164.29
187.29
199.69
161.54
176.05
192.06
206.06
- -
Basic Weighted Avg Shares
12
12
12
12
12
12
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
3,020
2,395
2,239
2,459
2,840
2,856
2,740
2,800
4,100
5,025
4,253
5,591
5,326
5,745
Operating Margin (%)
10.68
12.81
14.74
14.93
9.49
11.16
9.54
14.68
5
-1.96
0.49
6.85
5.83
9.11
Depreciation Expense
67
61
67
71
72
82
83
87
120
149
162
188
187
188
Net Income, GAAP
146
177
210
274
231
183
228
322
194
-116
200
198
188
348
Effective Tax Rate (%)
39.32
32.84
33.15
32.07
27.81
30.29
1.9
26.79
29.84
- -
12.7
32.51
30.45
26.72
Profit Margin (%)
4.83
7.39
9.37
11.15
8.13
6.4
8.33
11.51
4.72
-2.32
4.71
3.53
3.52
6.06
Working Capital
111
239
320
464
442
650
664
720
877
251
318
483
595
- -
LT Debt
89
34
48
35
193
177
125
75
271
560
692
594
439
- -
Total Equity
1,299
1,180
1,355
1,585
1,816
1,936
2,157
2,743
2,844
2,601
2,660
2,825
2,979
- -
Return on Invested Capital (%)
7.64
9.79
12.32
13.63
8.7
8.62
10.52
11.88
3.99
- -
5.33
5.52
4.84
- -
Return on Capital (%)
9.16
11.23
13.6
15.33
11.33
8.5
10.74
12.07
7.74
- -
7.7
7.25
6.19
- -
Return on Common Equity (%)
11.66
14.28
16.55
18.65
13.57
9.75
11.55
15.01
8.24
-5.05
8.83
8.05
7.13
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
993
- -
LT Borrowings
- -
415
- -
LT Finance Leases
- -
24
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
3,141
2,198
2,964

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,995
- -
Cash, Cash Equivalents & STI
- -
22
- -
Accounts Receivable, Net
- -
1,377
- -
Inventories
- -
1,249
- -
Total Current Liabilities
- -
2,400
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
993
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.58%
1.81%
5.44%
Free Cash Flow
169.43%
497.82%
-27.35%
Net Income, GAAP
-41.86%
-95.72%
-4.99%
Sales/Revenue/Turnover
10.43%
16.07%
-4.74%
Total Cash Common Dividend
11,321.82%
15,593.34%
198.12%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,343
1,416
1,337
1,528
5,591
2026
1,499
1,209
1,206
1,441
5,326
2027
1,889
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.39
3.26
2.63
6.48
16.77
2026
2.68
1.91
2.11
9.22
15.93
2027
16.32
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
1.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Arjun Gokul Jaykrishna
Full Time Employees
116
Sector
Process industries
Industry
Chemicals: specialty
Address
Asahi House Ahmedabad GJ India 380059
IPO Date
May 30, 2007
Website
asahisongwon.com
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Business
Asahi Songwon Colors Limited (ASAHISONG.NS) manufactures and sells a diverse portfolio of synthetic organic pigments and pigment preparations for the paints and coatings, plastics, inks, textiles, and rubber industries. The company offers products including phthalocyanine blues and greens, azo yellows and oranges, high-performance alpha blue pigments, pigment reds and violets, and speciality dispersions under the Asahi and Songwon brands; it also provides custom colour matching services, technical support, and application development assistance. Headquartered in Ahmedabad, India, and founded in 2005 as a joint venture between Asahi Kasei Corporation of Japan and Songwon Industrial Group of South Korea, the company operates manufacturing facilities primarily in India with sales and distribution networks spanning Asia, Europe, North America, and other regions. Asahi Songwon serves major global customers in automotive coatings, industrial paints, masterbatches, printing inks, and other colour-intensive sectors, positioning itself as a key supplier of high-quality, eco-friendly pigments amid growing demand for sustainable colour solutions. In recent developments, the company reported a robust financial performance in fiscal year 2025, achieving record revenues driven by capacity expansions and strong export growth; it also invested in new production lines for high-chroma pigments and advanced R&D for low-VOC dispersions to meet evolving regulatory standards in Europe and North America.