Ashnisha Industries Ltd Stock Price Today (NSE: ASHNI)

Ashnisha Industries Ltd

3.550.18 (4.83%)
Market Closed

Fundamental Score

...

Ashnisha Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ashnisha Industries Ltd share price today is 3.55, down 4.83% on NSE/BSE as of 19 June 2026. Ashnisha Industries Ltd (ASHNI) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of 76.89 (Cr). The 52-week high for ASHNI share price is 5.36 and the 52-week low is 2.57. At a P/E ratio of 265.12x, ASHNI is currently trading above its industry average P/E of 35.45x. The company has a Return on Equity (ROE) of 0.28% and a debt-to-equity ratio of 0.08.

Ashnisha Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
5.36
Low
3.55
Volume
41.0L
Change
+5.91%

Ashnisha Industries Ltd share price chart: 5.91% return over the past month. 52-week high ₹5.36, 52-week low ₹2.57.

Ashnisha Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
3.553.703.553.5529.26L (Cr)
3.923.983.733.7324.57L (Cr)
3.964.253.923.9234.02L (Cr)
4.124.124.124.129.65L (Cr)
4.334.354.334.336.69L (Cr)
4.544.554.544.5541.51L (Cr)
4.334.344.334.3434.52L (Cr)
4.134.404.134.1422.49L (Cr)
4.054.344.054.3461.70L (Cr)
4.144.344.144.1413.07L (Cr)

Ashnisha Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
3.923.983.553.55-9.44%
5.105.363.923.92-23.14%
3.304.873.204.87+47.58%
3.803.903.113.32-12.63%
4.024.073.504.00-0.50%
3.303.953.083.95+19.70%
2.853.522.853.30+15.79%
3.204.942.692.85-10.94%
3.043.432.573.16+3.95%
3.053.052.813.02-0.98%
2.913.092.883.00+3.09%
3.383.422.882.97-12.13%

AI Research Briefing

Powered by Gemini · 2026-04-09

Micro-cap trading firm with stretched valuation, negative cash flow, and promoter selling; this smells like a value trap.

Research Confidence
7.0/10High
MICRO-CAP DARK HORSE1M: -8.23% | 3M: 5.07% | 6M: -9.94%Expensive - P/E of 265.12x vs industry P/E of 35.45x

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

Ashnisha Industries closed its trading window on April 1, 2026, in anticipation of the release of FY26 audited financial results. The independent directors met on March 23, 2026, to review the performance of non-independent directors, the board, and the chairperson.

CORE STORY (THE REAL GAME)

Ashnisha is a micro-cap trading and distribution company attempting a turnaround. The market is likely focused on whether recent improvements in YoY profit growth are sustainable, or just statistical noise given the low base.

Why Now
  • YoY Profit Growth increased by 500%
  • Shareholder approval for new Non-Executive Independent Director
  • Trading window closed in anticipation of FY26 results
Potential Catalysts
  • Sustained profit growth
  • Significant order wins
  • Improved free cash flow
Key Risks
  • Micro/SME cap - liquidity risk
  • Negative free cash flow of ₹-25.33 Cr
  • Promoter selling (-10.74%)
  • P/E of 265.12x vs. industry P/E of 35.45x
Institutional Activity

Promoter: 6.61% (Δ -10.74%)

Macro Context

India's consumption economy is expanding into Tier-2 and Tier-3 cities, presenting opportunities for distributors.

Cash Flow Quality

No, Free Cash Flow 5Y: ₹-25.33 Cr

3–6 Month Outlook

The next 3-6 months will be crucial to see if Ashnisha can sustain its profit growth and improve its cash flow. Failure to do so will likely lead to a significant correction in the stock price.

Primary Thesis Risk

Inability to sustain profit growth and improve cash flow.

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

Returns & Performance

Poor

Return on Equity (ROE)

0.28%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

1.23%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-7.77%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Ashnisha Industries Ltd Valuation Check

Poor

Price to Earnings (P/E)

265.12x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.45x

Average P/E of all peers in this sector

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

Shareholding Pattern

Average

Promoter Holding

6.61%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

500.00%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

550.72%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-29.02%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

15.00%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

15.30%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.08x

Total debt ÷ equity. Below 0.5 = financially healthy

Interest Coverage Ratio

N/A

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

Free Cash Flow (5-Year Total)

-25.33 (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

Ashnisha Industries Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

6 factors identified

Robust Profit Growth (500.00%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (550.72%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Excellent EPS Growth (15.00% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (15.30% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.08)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

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 (0.28%)

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 (1.23%)

Observation: Returns on capital employed are below expectations.

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

Margin Pressure Concerns (-7.77%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 265.12x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Growth History (-29.02% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Negative Free Cash Flow (₹-25.33 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Low Promoter Commitment (6.61%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Ashnisha Industries Ltd vs Trading & Distributors Peers

Peer Comparison - Trading & Distributors

Compare Ashnisha Industries 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
8.2/100
4
₹76.89
265.1
Average
0.28%
Poor
1.23%
Poor
0.1
Excellent
15.30%
Excellent
-29.02%
Poor
0.00%
Redington Ltd...
REDINGTON532805
58.5/100
223
₹22049.92
16.1
Average
14.39%
Average
18.90%
Good
0.3
Excellent
17.72%
Excellent
14.06%
Good
2.41%
MMTC Ltd...
MMTC513377
32.1/100
66
₹8949.04
127.3
Average
5.87%
Poor
7.70%
Poor
0.0
Excellent
19.08%
Excellent
-86.52%
Poor
0.00%
MSTC Ltd...
MSTCLTD542597
63.7/100
439
₹3458.41
15.7
Average
28.37%
Excellent
29.26%
Excellent
0.2
Excellent
15.18%
Excellent
-24.06%
Poor
8.24%
24.7/100
405
₹3333.57
49.5
Average
26.05%
Excellent
27.44%
Excellent
0.2
Excellent
0.00%
11.1/100
154
₹2132.64
35.5
Average
17.05%
Good
15.42%
Good
0.2
Excellent
0.06%
34.8/100
379
₹1813.06
38.4
Average
9.28%
Poor
11.83%
Average
0.1
Excellent
0.00%
66.6/100
637
₹1297.46
519.0
Average
87.02%
Excellent
82.72%
Excellent
0.0
Excellent
158.76%
Excellent
66.77%
Excellent
0.00%
41.9/100
19
₹1111.34
402.7
Average
1.24%
Poor
2.46%
Poor
0.1
Excellent
61.76%
Excellent
35.83%
Excellent
0.00%
32.3/100
30300
₹1021.99
11.7
Average
9.31%
Poor
9.39%
Poor
0.0
Excellent
10.82%
Good
4.86%
Average
1.50%
62.3/100
46
₹811.32
6.4
Average
12.62%
Average
16.29%
Good
0.0
Excellent
28.35%
Excellent
61.75%
Excellent
0.00%

Ashnisha Industries Ltd PE Ratio History

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

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.10₹4.3445.7x

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

Ashnisha Industries Ltd Quarterly Performance

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

Revenue Growth (YoY)

550.72%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

500.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-29.02%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

15.30%

Compounded annual net profit growth over 5 years

Ashnisha Industries Ltd Technical Indicators

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

37RSI 14
Neutral — RSI 37

Momentum is balanced — neither overbought nor oversold.

SMA 50
4
▼ Price below SMA 50 — Short-term bearish
SMA 200
3
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
3131K shares/day
Average daily traded volume over last 30 trading sessions

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

Ashnisha Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Ashnisha Industries Ltd (ASHNI) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Ashnisha Industries Ltd

About ASHNI (Ashnisha Industries Ltd)

Ashnisha Industries Ltd is a dynamic trading and distribution entity carving its niche within the Indian market. Founded in 2009 and headquartered in Ahmedabad, the company operate...s across a diverse range of sectors, showcasing its agility and adaptability. Originally established as Ashnisha Alloys Limited, the company strategically rebranded to Ashnisha Industries Limited in 2017, signaling a broader scope and vision for its future operations. This shift reflects a commitment to expanding beyond its initial focus, embracing new opportunities and catering to evolving market demands. Ashnisha Industries is steadily building its reputation as a reliable partner in the trading and distribution landscape. The company's core activities revolve around the efficient sourcing and distribution of a wide variety of products. These operations encompass key areas such as steel, representing its heritage; the vibrant realm of software, electronic, and IT products reflecting a commitment to the digital age; and general goods, ensuring a diversified portfolio. Ashnisha Industries acts as a crucial intermediary, connecting manufacturers and suppliers with end-users, facilitating seamless transactions, and streamlining the flow of goods. The company strategically segments its operations to effectively manage the unique dynamics of each product category, enabling focused strategies and optimized performance. Ashnisha Industries is also strategically involved in investment activities, showcasing its forward-thinking approach to growth and value creation. This element adds another dimension to its business model, allowing it to participate in diverse investment opportunities while broadening its overall financial portfolio. With a clear focus on strategic diversification and growth, Ashnisha Industries remains committed to expanding its market presence and building lasting relationships with its partners. The company aims to solidify its position as a key player in the Indian trading and distribution sector, leveraging its expertise and adaptability to capitalize on emerging opportunities.

Company Details

Symbol:ASHNI
Industry:Trading & Distributors
Sector:Trading & Distributors

Key Leadership

Mr. Ashok Chinubhai Shah B.S. Chem., I.JSA
MD & Director
Mr. Hirenkumar Tribhovandas Makwana
Chief Financial Officer
Ms. Payal Punit Pandya
Company Secretary & Compliance Officer

ASHNI Share Price: Frequently Asked Questions

What is the current share price of Ashnisha Industries Ltd?

Ashnisha Industries Ltd (ASHNI) trades at ₹3.55 on NSE and BSE. Market cap ₹76.89 (Cr). Educational data only.

What is the P/E ratio of Ashnisha Industries Ltd?

Ashnisha Industries Ltd has a P/E of 265.12x vs industry average 35.45x.

What is the Bull Run score for Ashnisha Industries Ltd?

Ashnisha Industries Ltd has a Bull Run score of 8.2/100 based on 25+ financial parameters.

Does Ashnisha Industries Ltd pay dividends?

Ashnisha Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Ashnisha Industries Ltd?

Ashnisha Industries Ltd has ROE of 0.28%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ashnisha Industries Ltd?

Ashnisha Industries Ltd has debt-to-equity of 0.08.

Is Ashnisha Industries Ltd a good investment?

Bull Run gives Ashnisha Industries Ltd a score of 8.2/100. This is not investment advice — consult a SEBI-registered advisor.