MarketFriction

Asian Electronics Ltd

BSE 503940
Market cap₹Cr.
Not trading

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Jun 2012Sep 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015
Sales5.884.752.941.612.801.950.810.500.300.130.48
Expenses10.706.576.725.424.754.112.775.485.545.035.24
Operating Profit-4.82-1.82-3.78-3.81-1.95-2.16-1.96-4.98-5.24-4.90-4.76
OPM %-81.97%-38.32%-128.57%-236.65%-69.64%-110.77%-241.98%-996.00%-1,746.67%-3,769.23%-991.67%
Other Income0.00-0.280.000.000.000.000.000.000.000.000.00
Interest0.110.080.050.190.190.000.020.010.030.000.00
Depreciation0.970.97-0.310.650.640.550.610.590.600.600.60
Profit before tax-5.90-3.15-3.52-4.65-2.78-2.71-2.59-5.58-5.87-5.50-5.36
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-5.90-3.15-3.52-4.65-2.78-2.71-2.59-5.58-5.87-5.50-5.36
EPS in Rs-1.66-0.89-0.89-1.17-0.70-0.68-0.65-1.41-1.48-1.39-1.35
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013TTM
Sales15536621521122414879181
Expenses1222761771961901901813121
Operating Profit3390381534-43-102-13-20
OPM %21%25%18%7%15%-29%-130%-69%-1,410%
Other Income713-158262-7310
Interest917233232252000
Depreciation8910544432
Profit before tax2377-15351-79-124-14-22
Tax %-12%14%1%6%0%0%0%0%
Net Profit2567-15451-79-124-14-22
EPS in Rs23.97-51.541.680.26-22.36-34.86-3.64-5.63
Dividend Payout %9%9%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%-39%-57%-80%
Compounded Profit Growth%%%-75%
Stock Price CAGR%%%%
Return on Equity%-27%-63%-41%
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013
Equity Capital914151515171717
Reserves128338198203216146229
Borrowings159165208239134195197197
Other Liabilities4890163209210144189192
Total Liabilities344606584665574502426415
Fixed Assets4349554238333128
CWIP103331111876
Investments245148111111111111
Other Assets288520474564414350278271
Total Assets344606584665574502426415
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013
Cash from Operating Activity-30-13948-25195-1715-2
Cash from Investing Activity-18-12-2720-60001
Cash from Financing Activity77144-14-0-13113-180
Net Cash Flow28-78-64-4-2-1
Free Cash Flow-43-17737-18195-1714-2
CFO/OP-83%-149%154%-157%567%45%-8%16%
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013
Debtor Days2253393935582963265302,318
Inventory Days3332226503883563211871,698
Days Payable158133285345316911281,193
Cash Conversion Cycle4004297596003365565892,824
Working Capital Days5044325096033164953891,493
ROCE %23%10%7%9%-13%-35%-6%

Fundamentals

Market Cap₹ Cr.
Current Price₹ 1.78
Book Value₹ 6.64
ROCE-5.73 %
ROE-41.2 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-80%
Compounded Profit Growth (TTM)-75%
Standalone figures.
Valuation
P/E, 3-year average60.06x
P/B, 3-year average0.30x
P/E, 5-year average41.70x
P/B, 5-year average0.93x
Profitability
Operating margin (excl. other income)-28.81%
Operating margin (incl. other income)-33.57%
EBITDA margin382.27%
Pre-tax margin-1582.27%
Net profit margin-1582.27%
Net margin, latest quarter-1116.67%
ROE-40.32%
ROCE-14.94%
ROA-14.73%
ROE, 3-year average-12.54%
ROCE, 3-year average0.47%
ROA, 3-year average-4.60%
ROE, 5-year average-13.00%
ROCE, 5-year average-0.66%
ROA, 5-year average-5.14%
ROIC (approx.)0.85%
Other income / net worth-4.32%
Growth
Sales growth (latest year)-34.19%
Profit growth (latest year)-9885.19%
Sales CAGR, 3 years-11.83%
Sales CAGR, 5 years-0.99%
Sales growth QoQ269.23%
Sales growth YoY (latest quarter)-40.74%
Per share
EPS (TTM)Rs -6.29
EPS (latest year)Rs -22.36
EPS (latest quarter)Rs -1.51
EPS, 3-year averageRs -6.80
EPS, 5-year averageRs -5.11
Book value per shareRs 45.86
Sales per shareRs 0.40
Cash flow per shareRs -4.80
Free cash flow per shareRs -0.56
Dividend per share, 5-year averageRs 4.36
Dividends
Dividend payout, 5-year average9.40%
Efficiency
Asset turnover0.29x
Fixed asset turnover4.41x
Inventory turnover1.20x
Inventory days305 days
Debtor days326 days
Debtors turnover1.12x
Creditor days1193 days
Cash conversion cycle2824 days
Working capital days1493 days
Leverage
Total debtRs 195 Cr
Cash and bankRs 6 Cr
Net debtRs 190 Cr
Debt to equity1.20x
Net debt / EBITDA35.17x
Interest coverage0.12x
Owners' fund to total sources32.40%
Debt to assets38.95%
Cash flow
Cash from Operating Activity (latest year)Rs -17 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 13 Cr
Net Cash Flow (latest year)Rs -4 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs 60 Cr
Statement figures
Net sales (TTM)Rs 1 Cr
Net sales (latest year)Rs 148 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -43 Cr
Operating profit (latest quarter)Rs -5 Cr
Other income (TTM)Rs -7 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs -20 Cr
Profit before tax (TTM)Rs -22 Cr
Net profit (TTM)Rs -22 Cr
Net profit (latest year)Rs -79 Cr
Net profit (latest quarter)Rs -5 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 25 Cr
Cost of goods sold (latest year)Rs 167 Cr
Total expenditure (latest year)Rs 190 Cr
Total income (latest year)Rs 141 Cr
Share capitalRs 17 Cr
ReservesRs 146 Cr
Shareholders' fundsRs 163 Cr
Total assetsRs 502 Cr
Net blockRs 33 Cr
Capital work in progressRs 8 Cr
InvestmentsRs 111 Cr
ReceivablesRs 132 Cr
InventoryRs 140 Cr
Other liabilitiesRs 144 Cr
Shares outstanding (crore)3.55
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.

Red flags

F-score 1 of 8
explainDebt up, profit down Borrowings up 46% while net profit fell in 2013
lookShare dilution Share count up 16% in a year, 19% in three
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2015
Sales ₹0 Cr -40.7% vs Mar 2014. Net loss ₹5 Cr.

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Asian Electronics Ltd?

Asian Electronics Ltd (503940) has a market capitalisation of Rs Cr. at the close.

What were Asian Electronics Ltd's latest quarterly results?

In the Mar 2015 quarter, Asian Electronics Ltd sales was Rs 0 Cr (-40.7% vs Mar 2014) with a net loss of Rs 5 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03