MarketFriction

Asian Star Company Ltd

NSE ASTAR · BSE 531847 · Gems, Jewellery And Watches
₹664.50 -2.24%
NSE close2026-10-01
52 week range485.00 - 848.00
Market cap₹1,095 Cr.
P/E33.1
Price band 10% Delivery 66.2%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales922691986759654688854717759660746638
Expenses890664958732628666850695735648740625
Operating Profit3227282726235222412613
OPM %3.5%4.0%2.9%3.6%4.0%3.3%0.5%3.0%3.2%1.8%0.8%2.1%
Other Income-3118884-111-0829
Interest610101098777565
Depreciation333333222222
Profit before tax202523212216-5231512-115
Tax %16%27%20%18%14%29%21%18%21%20%-31%19%
Net Profit171819171911-619129-012
EPS in Rs11.0311.2611.6611.5410.737.52-2.8012.087.316.11-0.257.53
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,3023,4943,9053,6423,0512,5444,4234,4783,5232,9562,8822,804
Expenses3,1693,3623,7303,4602,9312,4804,2894,3273,4032,8732,8162,748
Operating Profit13313217518312065134151120836655
OPM %4.0%3.8%4.5%5%3.9%2.5%3.0%3.4%3.4%2.8%2.3%2.0%
Other Income-1731-4142-129182119
Interest2531353022593340352723
Depreciation161817171615141212111010
Profit before tax9190127137785911310597545041
Tax %18%27%14%15%19%-8%17%21%20%23%19%
Net Profit74661091166364948378424033
EPS in Rs46.4341.3168.1871.8039.6139.9458.6251.6348.2526.9825.2520.70
Dividend Payout %3%4%2%2%4%4%3%3%3%6%6%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-1%3%-14%-4%
Compounded Profit Growth-6%-10%-23%-28%
Stock Price CAGR-1%-5%-5%-5%
Return on Equity6%5%3%2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital161616161616161616161616
Reserves6137678249681,0581,1471,1961,2971,4181,4931,5461,642
Borrowings9051,123978844690663549691628741528493
Other Liabilities474467418489295208287428446462318322
Total Liabilities2,0082,3732,2362,3172,0592,0342,0482,4332,5072,7132,4082,473
Fixed Assets165266310291279267253228218223213207
CWIP27290000001000
Investments1132657266858364807998
Other Assets1,8142,0761,8931,9611,7081,7001,7102,1222,2252,4102,1162,168
Total Assets2,0082,3732,2362,3172,0592,0342,0482,4332,5072,7132,4082,473
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity15211863278128105116-17694-6623090
Cash from Investing Activity-11-81-57-34-12-4-11616-4170
Cash from Financing Activity-133202-175-134-208-71-123132-9767-248-74
Net Cash Flow8239-170110-9329-7-2813-3-016
Free Cash Flow13710950275120100116-17091-8222687
CFO/OP123%105%65%169%82%102%184%-112%78%-39%305%152%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days10096908677801168686113115112
Inventory Days795675616780815473114110111
Days Payable373940252419373435473635
Cash Conversion Cycle141113125122120141160107123180190188
Working Capital Days311028285271926576103130142
ROCE %8%7%6%9%9%6%4%7%7%6%4%4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.65%74.65%74.65%74.65%74.65%74.66%74.66%74.66%74.66%74.66%74.66%74.66%
DIIs4.33%4.26%4.24%4.24%4.21%4.21%4.21%4.21%4.21%4.21%4.21%4.21%
Public21.01%21.08%21.09%21.10%21.13%21.13%21.12%21.13%21.13%21.13%21.13%21.12%
No. of Shareholders7868929169501,1041,1131,0941,1011,0851,0781,0831,109

Fundamentals

Market Cap₹ 1,095 Cr.
Current Price₹ 685
Stock P/E33.1
Book Value₹ 1,036
ROCE3.60 %
ROE2.43 %
Dividend Yield0.22 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-4%
Compounded Profit Growth (TTM)-28%
Consolidated figures.
Valuation
Market capRs 1,064 Cr
Enterprise valueRs 1,226 Cr
P/E (TTM)32.11x
Price to book0.64x
Price to sales0.38x
EV / EBITDA16.44x
EV / EBIT18.91x
EV / sales0.44x
Price to cash flow11.83x
Earnings yield3.11%
Dividend yield0.23%
P/E, 3-year average22.25x
P/B, 3-year average0.71x
P/E, 5-year average18.57x
P/B, 5-year average0.76x
Profitability
Operating margin (excl. other income)2.28%
Operating margin (incl. other income)3.02%
EBITDA margin2.66%
Pre-tax margin1.48%
Net profit margin1.18%
Net margin, latest quarter1.89%
ROE2.51%
ROCE3.65%
ROA1.66%
ROE, 3-year average3.52%
ROCE, 3-year average4.71%
ROA, 3-year average2.10%
ROE, 5-year average4.80%
ROCE, 5-year average5.48%
ROA, 5-year average2.77%
ROIC (approx.)2.88%
Tax rate19.01%
Other income / net worth1.29%
Growth
Sales growth (latest year)-2.49%
Profit growth (latest year)-6.41%
Sales CAGR, 3 years-13.66%
Sales CAGR, 5 years2.52%
Profit CAGR, 3 years-21.21%
Profit CAGR, 5 years-8.76%
Sales growth QoQ-14.43%
Sales growth YoY (latest quarter)-10.92%
Profit growth YoY (latest quarter)-37.69%
Per share
EPS (TTM)Rs 20.70
EPS (latest year)Rs 25.25
EPS (latest quarter)Rs 7.53
EPS, 3-year averageRs 33.49
EPS, 5-year averageRs 42.15
Book value per shareRs 1,035.61
Sales per shareRs 1,751.61
Cash flow per shareRs 56.15
Free cash flow per shareRs 54.35
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 1.50
Dividend per share, 5-year averageRs 1.50
Dividends
Dividend payout5.94%
Dividend payout, 3-year average4.87%
Dividend payout, 5-year average4.01%
Efficiency
Asset turnover1.17x
Fixed asset turnover13.91x
Inventory turnover3.66x
Inventory days100 days
Debtor days112 days
Debtors turnover3.25x
Creditor days35 days
Cash conversion cycle188 days
Working capital days142 days
Leverage
Total debtRs 493 Cr
Cash and bankRs 331 Cr
Net debtRs 162 Cr
Debt to equity0.30x
Net debt / EBITDA2.17x
Interest coverage2.76x
Owners' fund to total sources67.03%
Debt to assets19.95%
Cash flow
Cash from Operating Activity (latest year)Rs 90 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -74 Cr
Net Cash Flow (latest year)Rs 16 Cr
Free cash flow (latest year)Rs 87 Cr
FCFE (approx.: FCF + change in debt)Rs 52 Cr
Cash from ops / profit, 5 years0.51x
Sales to cash flow32.07x
Statement figures
Net sales (TTM)Rs 2,804 Cr
Net sales (latest year)Rs 2,882 Cr
Sales (latest quarter)Rs 638 Cr
Operating profit excl. other income (latest year)Rs 66 Cr
Operating profit (latest quarter)Rs 13 Cr
Other income (TTM)Rs 19 Cr
EBITDA (TTM)Rs 75 Cr
PBDT (TTM)Rs 51 Cr
Profit before tax (TTM)Rs 41 Cr
Tax (latest year)Rs 10 Cr
Net profit (TTM)Rs 33 Cr
Net profit (latest year)Rs 40 Cr
Net profit (latest quarter)Rs 12 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 2,668 Cr
Total expenditure (latest year)Rs 2,816 Cr
Total income (latest year)Rs 2,903 Cr
Share capitalRs 16 Cr
ReservesRs 1,642 Cr
Shareholders' fundsRs 1,658 Cr
Total assetsRs 2,473 Cr
Net blockRs 207 Cr
InvestmentsRs 98 Cr
ReceivablesRs 886 Cr
InventoryRs 728 Cr
Other liabilitiesRs 322 Cr
Shares outstanding (crore)1.60
Ownership
Promoter holding74.66% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 32.1 is at the 96th percentile of its own 9.2-year range (median 16.7, low 8.4, high 35.7).
P/B 0.64 is at the 5th percentile (median 0.95).
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.
PeriodASTARNifty 50Difference
1 week-2.2%-2.8% +0.6 pts
1 month+10.8%-6.8% +17.6 pts
3 months+3.0%-7.6% +10.6 pts
3 years-17.1%+14.2% -31.3 pts
5 years-26.2%+27.9% -54.1 pts

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 43% of pre-tax profit in 2026
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 ₹638 Cr -11.0% vs Jun 2025. Net profit ₹12 Cr -36.8%.
Against our estimate for Jun 2026: sales -2.9%, profit +24.0% in line. Our estimate for Sep 2026: sales Rs 669 Cr, profit Rs 10 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-21Dividend - Rs 1.50 Per Share
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.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Asian Star Company Ltd?

Asian Star Company Ltd (ASTAR) has a market capitalisation of Rs 1,095 Cr. at the 2026-10-01 close.

What is the P/E ratio of Asian Star Company Ltd?

Asian Star Company Ltd trades at a P/E of 33.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Asian Star Company Ltd's latest quarterly results?

In the Jun 2026 quarter, Asian Star Company Ltd sales was Rs 638 Cr (-11.0% vs Jun 2025) and net profit was Rs 12 Cr.

What is the 52-week high and low of Asian Star Company Ltd?

The 52-week high is Rs 848.00 and the 52-week low is Rs 485.00.

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