MarketFriction

Ashapuri Gold Ornament Ltd

BSE 542579 · Gems, Jewellery And Watches
₹4.34 -1.81%
BSE close2026-10-01
Market cap₹144 Cr.
P/E6.97

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
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales44.4449.9750.7044.2386.89101.4583.7352.95102.4091.2470.6164.79
Expenses41.8147.1947.0640.8681.9195.3382.6247.9390.9483.2469.4957.44
Operating Profit2.632.783.643.374.986.121.115.0211.468.001.127.35
OPM %5.92%5.56%7.18%7.62%5.73%6.03%1.33%9.48%11.19%8.77%1.59%11.34%
Other Income0.110.421.230.380.040.440.800.000.010.000.130.01
Interest0.130.110.120.070.190.090.010.000.010.000.010.00
Depreciation0.220.230.260.210.210.210.130.160.160.160.210.17
Profit before tax2.392.864.493.474.626.261.774.8611.307.841.037.19
Tax %24.69%27.62%24.05%25.07%25.11%17.57%54.80%34.77%25.13%28.95%-32.04%27.54%
Net Profit1.802.083.402.603.465.170.803.178.475.571.355.21
EPS in Rs0.050.060.100.080.100.160.020.100.250.170.040.16
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales56374788121118164158165317317329
Expenses55374687120114159154155300292301
Operating Profit1011045410172628
OPM %1.1%1.1%1.3%1.2%0.2%3.3%3.2%2.3%6%5%8%8%
Other Income000010002000
Interest000000000000
Depreciation000001111111
Profit before tax0001134210162527
Tax %30%20%27%25%27%25%25%25%25%25%26%
Net Profit000003328121921
EPS in Rs0.600.400.700.010.020.080.090.050.230.360.560.62
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth19%22%26%1%
Compounded Profit Growth77%49%118%63%
Stock Price CAGR%3%-25%-31%
Return on Equity7%8%10%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.060.060.100.102121252525253333
Reserves6666242453565865113133
Borrowings686500047210
Other Liabilities223313221466
Total Liabilities15171615474880879195153173
Fixed Assets000133888665
CWIP000000000000
Investments000013111288
Other Assets15171514424272788288140160
Total Assets15171615474880879195153173
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0-1220-1-25-5-25-369
Cash from Investing Activity-0-00-10-2-4-2-01-9-2
Cash from Financing Activity01-3-10-03042-645-1
Net Cash Flow00-0-00-31-3-0-007
Free Cash Flow0-1210-2-30-7-36-369
CFO/OP24%-192%584%317%0%-520%-643%-82%-36%56%-195%62%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days913181531324635662528
Inventory Days521011581039589124126157135137169
Days Payable615332353001011
Cash Conversion Cycle559912688104118155172192200161196
Working Capital Days25406246141110200155168180150167
ROCE %7%4%3%5%3%1%5%5%3%11%14%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters62.17%62.45%64.08%48.06%48.06%48.06%48.06%48.06%48.06%48.06%48.06%48.06%
FIIs4.32%4.32%0.00%1.74%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public33.50%33.24%35.91%50.19%51.94%51.94%51.94%51.93%51.93%51.93%51.94%51.94%
No. of Shareholders3,91610,29746,21268,01474,35893,35697,15997,88498,27296,50794,60293,178

Fundamentals

Market Cap₹ 144 Cr.
Current Price₹ 4.31
Stock P/E6.97
Book Value₹ 5.00
ROCE16.0 %
ROE11.8 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)1%
Compounded Profit Growth (TTM)63%
Standalone figures.
Valuation
Market capRs 145 Cr
Enterprise valueRs 137 Cr
P/E (TTM)7.02x
Price to book0.87x
Price to sales0.44x
EV / EBITDA4.89x
EV / EBIT5.01x
EV / sales0.42x
Price to cash flow15.61x
Earnings yield14.24%
P/E, 3-year average26.40x
P/B, 3-year average2.22x
P/E, 5-year average39.43x
P/B, 5-year average1.70x
Profitability
Operating margin (excl. other income)8.07%
Operating margin (incl. other income)8.12%
EBITDA margin8.53%
Pre-tax margin8.32%
Net profit margin6.26%
Net margin, latest quarter8.04%
ROE11.84%
ROCE15.97%
ROA11.37%
ROE, 3-year average10.30%
ROCE, 3-year average13.87%
ROA, 3-year average9.77%
ROE, 5-year average7.40%
ROCE, 5-year average9.99%
ROA, 5-year average6.99%
ROIC (approx.)12.73%
Tax rate25.91%
Other income / net worth0.09%
Growth
Sales growth (latest year)0.00%
Profit growth (latest year)54.15%
Sales CAGR, 3 years26.18%
Sales CAGR, 5 years21.97%
Profit CAGR, 3 years118.06%
Profit CAGR, 5 years48.73%
Sales growth QoQ-8.24%
Profit growth QoQ285.93%
Sales growth YoY (latest quarter)22.36%
Profit growth YoY (latest quarter)64.35%
Per share
EPS (TTM)Rs 0.62
EPS (latest quarter)Rs 0.16
EPS, 3-year averageRs 0.33
EPS, 5-year averageRs 0.49
Book value per shareRs 5.00
Sales per shareRs 9.87
Cash flow per shareRs 0.28
Free cash flow per shareRs 0.27
Efficiency
Asset turnover1.83x
Fixed asset turnover58.85x
Inventory turnover2.16x
Inventory days169 days
Debtor days28 days
Debtors turnover13.17x
Creditor days1 days
Cash conversion cycle196 days
Working capital days167 days
Leverage
Cash and bankRs 7 Cr
Net debtRs -7 Cr
Net debt / EBITDA-0.26x
Interest coverage1369.00x
Owners' fund to total sources96.32%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 7 Cr
Free cash flow (latest year)Rs 9 Cr
Cash from ops / profit, 5 years-0.66x
Sales to cash flow34.22x
Statement figures
Net sales (TTM)Rs 329 Cr
Net sales (latest year)Rs 317 Cr
Sales (latest quarter)Rs 65 Cr
Operating profit excl. other income (latest year)Rs 26 Cr
Operating profit (latest quarter)Rs 7 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 28 Cr
PBDT (TTM)Rs 28 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 21 Cr
Net profit (latest year)Rs 19 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 268 Cr
Total expenditure (latest year)Rs 292 Cr
Total income (latest year)Rs 317 Cr
Share capitalRs 33 Cr
ReservesRs 133 Cr
Shareholders' fundsRs 167 Cr
Total assetsRs 173 Cr
Net blockRs 5 Cr
InvestmentsRs 8 Cr
ReceivablesRs 24 Cr
InventoryRs 124 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)33.33
Ownership
Promoter holding48.06% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.0 is at the 4th percentile of its own 6.8-year range (median 77.1, low 5.9, high 370.9).
P/B 0.87 is at the 5th percentile (median 2.75).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period542579Nifty 50Difference
1 week+1.9%-2.8% +4.7 pts
1 month+7.4%-6.8% +14.2 pts
3 months+6.1%-7.6% +13.7 pts
3 years-58.1%+14.2% -72.3 pts
5 years+15.7%+27.9% -12.2 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was -57% of net profit over the last 3 years
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

Jun 2026
Sales ₹65 Cr +22.4% vs Jun 2025. Net profit ₹5 Cr +64.4%.

Activity

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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 Ashapuri Gold Ornament Ltd?

Ashapuri Gold Ornament Ltd (542579) has a market capitalisation of Rs 144 Cr. at the 2026-10-01 close.

What is the P/E ratio of Ashapuri Gold Ornament Ltd?

Ashapuri Gold Ornament Ltd trades at a P/E of 6.97 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ashapuri Gold Ornament Ltd's latest quarterly results?

In the Jun 2026 quarter, Ashapuri Gold Ornament Ltd sales was Rs 65 Cr (+22.4% vs Jun 2025) and net profit was 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