Asahi Songwon Colors Ltd Stock Price Today (NSE: ASAHISONG)

Asahi Songwon Colors Ltd

258.58+13.97 (+5.71%)
Market Closed

Fundamental Score

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Asahi Songwon Colors Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Asahi Songwon Colors Ltd share price today is 258.58, up +5.71% on NSE/BSE as of 1 June 2026. Asahi Songwon Colors Ltd (ASAHISONG) is a Small-cap company in the Dyes And Pigments sector with a market capitalisation of 306.78 (Cr). The 52-week high for ASAHISONG share price is 454.75 and the 52-week low is 179.64. At a P/E ratio of 19.00x, ASAHISONG is currently trading above its industry average P/E of 19.00x. The company has a Return on Equity (ROE) of 8.15% and a debt-to-equity ratio of 0.55.

Asahi Songwon Colors Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
274.90
Low
225.01
Volume
32.1K
Change
+4.40%

Asahi Songwon Colors Ltd share price chart: 4.40% return over the past month. 52-week high ₹454.75, 52-week low ₹179.64.

Asahi Songwon Colors Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
256.00268.35248.01252.6637.15K (Cr)
234.91274.90231.90254.691.48L (Cr)
237.09242.20232.15234.9135.61K (Cr)
238.67245.46231.25236.1222.79K (Cr)
240.00249.88236.59241.1750.12K (Cr)
240.00240.05235.51237.394.78K (Cr)
228.12240.90227.08239.2247.76K (Cr)
230.75235.05225.01227.9219.99K (Cr)
245.04250.09238.10241.127.50K (Cr)
248.91253.99243.00244.102.13K (Cr)

Asahi Songwon Colors Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
243.00274.90225.01252.66+3.98%
194.00258.59187.59247.29+27.47%
219.85229.92179.64186.45-15.19%
225.99240.99207.00224.61-0.61%
269.30272.65216.35223.95-16.84%
267.90338.60244.00266.50-0.52%
277.05285.25243.95265.35-4.22%
279.85305.00260.00275.55-1.54%
299.74313.45273.95277.55-7.40%
352.00367.20275.00298.20-15.29%
452.00453.70370.50370.50-18.03%
424.00454.75405.55438.65+3.46%

AI Research Briefing

Powered by Gemini · 2026-04-09

Micro-cap pigment play betting on 'China+1' and API diversification, but faces export headwinds and liquidity risk.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUNDThe stock is down 6.33% in the last 1 month, down 16.74% in the last 3 months, and down 38.64% in the last 6 months.P/E of 19.0x, in line with the industry P/E.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Asahi Songwon Colors has seen a mixed bag of news recently. CARE Ratings reaffirmed the company's bank facility ratings with a positive outlook. However, an independent director resigned effective April 4, 2026. The company confirmed it doesn't qualify as a 'Large Corporate' under SEBI regulations, with outstanding borrowings of

CORE STORY (THE REAL GAME)

Asahi Songwon is a play on the 'China+1' strategy in the dyes and pigments sector, aiming to capitalize on global manufacturers diversifying their supply chains. The company also has an API business, adding another dimension to its growth story.

Why Now
  • CARE Ratings reaffirmation with positive outlook
  • Strong FY25 revenue growth
  • Diversification into API business
Potential Catalysts
  • Strong Q4FY26 results
  • New client wins in the API segment
  • European regulatory approvals for API products
Key Risks
  • Micro-cap with inherent liquidity risk
  • YoY decline in Q3FY26 revenue and profit
  • Projected contraction in the dyes and pigments industry due to export weakness
Institutional Activity

Promoter holding is at 67.0% with a slight increase of 0.17%. FII and DII holdings are negligible at 0.08% and 0.03% respectively.

Macro Context

The Indian dyes and pigments market is projected to grow at a CAGR of 4.67% during 2026-2034. However, FY26 is projected to see a 5–7% contraction due to export weakness.

Cash Flow Quality

Negative free cash flow of ₹-33.77 Cr over the last 5 years.

3–6 Month Outlook

Monitor Q4FY26 results for signs of a turnaround. Key is API business growth and margin improvement. Watch for export trends and impact of US tariffs.

Primary Thesis Risk

Inability to improve profitability in the core pigments business and reliance on exports makes it vulnerable to global headwinds.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

8.15%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

9.17%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

7.40%

Average operating profit margin over 5 years

Dividend Yield

0.58%

Annual dividend as % of current share price

Asahi Songwon Colors Ltd Valuation Check

Average

Price to Earnings (P/E)

19.00x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

19.00x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

67.00%

% shares held by company founders/management

Poor

FII Holding

0.08%

% shares held by foreign institutional investors

Poor

DII Holding

0.03%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-41.41%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-14.62%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

14.67%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-2.23%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-2.62%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.55x

Total debt ÷ equity. Below 0.5 = financially healthy

Average

Interest Coverage Ratio

2.51x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-33.77 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Asahi Songwon Colors Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASAHISONG across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Consistent Growth Track Record (14.67% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Balanced Promoter Holding (67.00%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

8 factors identified

Below-Average Return on Equity (8.15%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (9.17%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-41.41%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-14.62%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Earnings Growth (-2.23% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-2.62% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Negative Free Cash Flow (₹-33.77 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.11%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Asahi Songwon Colors Ltd vs Dyes And Pigments Peers

Peer Comparison - Dyes And Pigments

Compare Asahi Songwon Colors Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
22.5/100
259
₹306.78
19.0
Average
8.15%
Poor
9.17%
Poor
0.6
Good
-2.62%
Poor
14.67%
Good
0.58%
18.2/100
979
₹8028.84
78.2
Average
3.07%
Poor
6.03%
Poor
0.7
Good
-11.65%
Poor
14.39%
Good
0.44%
0/100
400
₹3257.40
26.7
Average
8.56%
Poor
10.52%
Average
0.4
Excellent
-7.23%
Poor
-10.73%
Poor
0.00%
49.2/100
405
₹1289.62
16.2
Average
7.99%
Poor
10.42%
Average
0.1
Excellent
4.38%
Average
17.81%
Excellent
1.36%
57.5/100
365
₹1285.45
17.9
Average
11.45%
Average
11.64%
Average
0.3
Excellent
10.42%
Good
18.41%
Excellent
0.50%
34.8/100
312
₹1037.22
15.0
Average
11.62%
Average
15.18%
Good
0.0
Excellent
3.12%
Average
1.73%
Average
0.00%
51.8/100
158
₹759.45
14.9
Average
6.35%
Poor
8.07%
Poor
0.1
Excellent
-12.18%
Poor
7.53%
Good
0.86%
30.9/100
73
₹679.35
18.7
Average
2.51%
Poor
5.51%
Poor
0.8
Good
-20.65%
Poor
4.88%
Average
0.00%
24.2/100
113
₹274.70
55.7
Average
0.5
Excellent
0.00%
25.4/100
252
₹272.73
15.3
Average
6.43%
Poor
8.60%
Poor
0.0
Excellent
1.77%
Average
0.65%
Average
1.56%
18.5/100
200
₹211.39
960.9
Average
1.82%
Poor
3.46%
Poor
0.3
Excellent
-20.98%
Poor
5.89%
Good
0.29%

Asahi Songwon Colors Ltd PE Ratio History

Historical price-to-earnings ratio for ASAHISONG — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202516.76₹266.5015.9x
FY 202417.01₹377.8022.2x
FY 202216.10₹261.4516.2x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Asahi Songwon Colors Ltd Dividend History

Annual cash dividends paid by ASAHISONG — dividend yield 0.58%

Financial YearDividends Paid (₹ Cr)
FY 20250.59 Cr
FY 20240.60 Cr
FY 20230.59 Cr
FY 20224.21 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Asahi Songwon Colors Ltd Quarterly Performance

Latest quarterly metrics for ASAHISONG — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-14.62%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-41.41%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

14.67%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-2.62%

Compounded annual net profit growth over 5 years

Asahi Songwon Colors Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ASAHISONG — calculated from daily price history

44RSI 14
Neutral — RSI 44

Momentum is balanced — neither overbought nor oversold.

SMA 50
227
▲ Price above SMA 50 — Short-term bullish
SMA 200
255
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
26K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Asahi Songwon Colors Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Asahi Songwon Colors Ltd (ASAHISONG) — sourced from NSE/BSE filings.

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Fetching financial data for Asahi Songwon Colors Ltd

About ASAHISONG (Asahi Songwon Colors Ltd)

Asahi Songwon Colors Ltd is a prominent Indian manufacturer specializing in the vibrant world of color pigments and their intricate derivatives. The company's core competency lies ...in the production of high-quality copper phthalocyanine (CPC) blue crude, serving as the foundational building block for a spectrum of brilliant blues. From the nuanced shades of pigment alpha to the robust depth of pigment blue and the subtle variations of pigment beta blue, Asahi Songwon caters to a diverse range of color requirements. With a commitment to precision and consistency, the company delivers pigments that meet the exacting standards of various industries, establishing itself as a trusted partner in the color solutions market. The applications of Asahi Songwon's pigments are far-reaching, permeating a vast array of manufacturing sectors. The company's color solutions are integral components in the creation of durable and aesthetically pleasing coatings, lending visual appeal to architectural structures and industrial products. In the realm of printing inks, Asahi Songwon's pigments ensure vibrant and lasting impressions on paper and packaging materials. Furthermore, the pigments contribute to the coloration of plastics, textiles, rubber, and paper, adding vibrancy and visual appeal to everyday products. Even the pharmaceutical industry utilizes these pigments in specialized applications, highlighting the versatility and safety of Asahi Songwon's offerings. Established in 1990, with its headquarters nestled in the bustling city of Ahmedabad, India, Asahi Songwon Colors Ltd has cultivated a strong presence in the domestic market and extends its reach globally through strategic exports. The company's dedication to innovation, quality control, and customer satisfaction has solidified its position as a key player in the dyes and pigments industry. By continuously refining its production processes and expanding its product portfolio, Asahi Songwon remains committed to providing its clients with cutting-edge color solutions that enhance their products and elevate their brands, coloring the world, one pigment at a time.

Company Details

Symbol:ASAHISONG
Industry:Dyes And Pigments
Sector:Dyes And Pigments

Key Leadership

Ms. Paru Mrugesh Jaykrishna B.A., LL.B., M.A.
Founder, Executive Chairperson & MD
Mr. Gokul Mrugesh Jaykrishna
CEO, Joint MD & Director
Mr. Pratik Shah
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

ASAHISONG Share Price: Frequently Asked Questions

What is the current share price of Asahi Songwon Colors Ltd?

Asahi Songwon Colors Ltd (ASAHISONG) trades at ₹258.58 on NSE and BSE. Market cap ₹306.78 (Cr). Educational data only.

What is the P/E ratio of Asahi Songwon Colors Ltd?

Asahi Songwon Colors Ltd has a P/E of 19.00x vs industry average 19.00x.

What is the Bull Run score for Asahi Songwon Colors Ltd?

Asahi Songwon Colors Ltd has a Bull Run score of 22.5/100 based on 25+ financial parameters.

Does Asahi Songwon Colors Ltd pay dividends?

Asahi Songwon Colors Ltd has a dividend yield of 0.58%. Past dividends don't guarantee future payments.

What is the ROE of Asahi Songwon Colors Ltd?

Asahi Songwon Colors Ltd has ROE of 8.15%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Asahi Songwon Colors Ltd?

Asahi Songwon Colors Ltd has debt-to-equity of 0.55.

Is Asahi Songwon Colors Ltd a good investment?

Bull Run gives Asahi Songwon Colors Ltd a score of 22.5/100. This is not investment advice — consult a SEBI-registered advisor.