Asahi Songwon Colors Ltd. (IN:ASAHISONG)
:ASAHISONG
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Asahi Songwon Colors Ltd.
(ASAHISONG)
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Rating:58Neutral
Price Target:
₹239.00
▼(-8.48% Downside)
Action:ReiteratedDate:11/26/25
Asahi Songwon Colors Ltd. has shown strong financial performance with significant revenue growth and a transition to profitability. However, technical indicators suggest bearish momentum, with the stock trading below key moving averages and showing oversold conditions. The valuation is fair but not particularly attractive, with a modest dividend yield. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Revenue growth and profitability recovery
A multi-year shift from loss to net income alongside a material revenue uplift signals durable demand recovery and successful execution. Sustained revenue growth and returning profitability improve internal funding for capex, reduce the need for emergency financing, and enable strategic reinvestment.
Negative Factors
Rising leverage and declining equity ratio
An increasing debt burden and lower equity ratio raise refinancing and interest-rate vulnerability. Over a 2-6 month horizon higher leverage can constrain strategic options, elevate fixed costs, and magnify earnings volatility if volumes or margins weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth and profitability recovery
A multi-year shift from loss to net income alongside a material revenue uplift signals durable demand recovery and successful execution. Sustained revenue growth and returning profitability improve internal funding for capex, reduce the need for emergency financing, and enable strategic reinvestment.
Read all positive factors
Asahi Songwon Colors Ltd. (ASAHISONG) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.71B
Dividend Yield0.56%
Average Volume (3M)756.00
Price to Earnings (P/E)31.6
Beta (1Y)1.35
Revenue Growth10.57%
EPS Growth59.22%
CountryIN
Employees126
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)2.10
Shares Outstanding11,787,262
10 Day Avg. Volume870
30 Day Avg. Volume756
Financial Highlights & Ratios
PEG Ratio-13.45
Price to Book (P/B)1.53
Price to Sales (P/S)0.69
P/FCF Ratio7.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Asahi Songwon Colors Ltd. Business Overview & Revenue Model
Company Description
Asahi Songwon Colors Limited engages in manufacturing and export of AZO pigments in India. The company's product portfolio includes CPC blue crude and beta blue. Its products are used for applications in coating and paints, textiles, rubber, paper...
How the Company Makes Money
ASAHISONG primarily makes money by manufacturing and selling colorant chemicals (dyes and pigments) to industrial customers. Revenue is largely generated through (1) product sales to manufacturers in end-use industries (e.g., textile dyeing/printi...
Asahi Songwon Colors Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.57B | 5.62B | 4.25B | 5.05B | 4.10B | 2.80B |
| Gross Profit | 1.53B | 1.46B | 470.66M | 1.19B | 479.34M | 1.11B |
| EBITDA | 537.58M | 561.71M | 466.84M | 111.42M | 375.64M | 538.46M |
| Net Income | 161.59M | 197.55M | 200.47M | -116.49M | 193.60M | 322.14M |
Balance Sheet | ||||||
| Total Assets | 5.67B | 5.90B | 5.75B | 5.47B | 4.70B | 3.89B |
| Cash, Cash Equivalents and Short-Term Investments | 71.03M | 61.59M | 26.59M | 7.66M | 3.01M | 4.48M |
| Total Debt | 1.41B | 1.67B | 1.97B | 1.80B | 874.58M | 501.48M |
| Total Liabilities | 2.82B | 3.07B | 3.09B | 2.87B | 1.85B | 1.15B |
| Stockholders Equity | 2.58B | 2.55B | 2.36B | 2.19B | 2.42B | 2.28B |
Cash Flow | ||||||
| Free Cash Flow | 332.81M | 519.35M | -446.75M | -14.91M | -281.63M | -881.90M |
| Operating Cash Flow | 364.59M | 579.17M | 87.32M | 299.71M | -3.75M | 80.54M |
| Investing Cash Flow | -53.78M | -53.90M | -131.42M | -772.11M | -281.57M | -600.68M |
| Financing Cash Flow | -343.98M | -494.87M | 43.73M | 474.88M | 283.85M | 499.80M |
Asahi Songwon Colors Ltd. Technical Analysis
Positive
261.15
Price Trends
215.68
Positive
236.89
Negative
286.75
Negative
Market Momentum
0.47
Negative
60.03
Neutral
90.03
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASAHISONG, the sentiment is Positive. The current price of 261.15 is above the 20-day moving average (MA) of 202.34, above the 50-day MA of 215.68, and below the 200-day MA of 286.75, indicating a neutral trend. The MACD of 0.47 indicates Negative momentum. The RSI at 60.03 is Neutral, neither overbought nor oversold. The STOCH value of 90.03 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ASAHISONG.
Asahi Songwon Colors Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹5.14B | 9.32 | ― | ― | 67.43% | ― | |
64 Neutral | ₹1.11B | 18.71 | ― | 10.99% | -76.65% | -76.77% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | ₹2.71B | 31.65 | ― | 0.56% | 10.57% | 59.22% | |
56 Neutral | ₹8.13B | 697.51 | ― | ― | 15.56% | 2114.71% | |
43 Neutral | ₹2.37B | -19.09 | ― | 0.38% | ― | ― |
* Basic Materials Sector Average
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Asahi Songwon Colors Ltd. Corporate Events
CARE reaffirms Asahi Songwon Colors’ bank facility ratings with Positive outlook
Apr 8, 2026
Asahi Songwon Colors Ltd. announced that CARE Ratings has reaffirmed its ratings on the company’s bank facilities, maintaining CARE A with a Positive outlook for long-term and long-term/short-term facilities and CARE A1 for short-term borrow...
Asahi Songwon Colors Discloses Resignation of Independent Director Sudhin Choksey
Apr 5, 2026
Asahi Songwon Colors Ltd. has announced that Sudhin Bhagwandas Choksey has resigned from his role as non-executive independent director, effective from the close of business on April 4, 2026. The company stated that Choksey stepped down due to tim...
Asahi Songwon Colors Files Postal Ballot Voting Results with Stock Exchanges
Feb 9, 2026
Asahi Songwon Colors Ltd. has disclosed the results of a recent postal ballot process conducted pursuant to Regulation 44(3) of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015. The company submitted the prescribed vo...
Asahi Songwon Shareholders Approve Appointment of New Independent Director
Feb 9, 2026
Asahi Songwon Colors Ltd. announced that shareholders have approved, via a postal ballot conducted through remote e-voting, the appointment of Maulik Deepak Mehta as an independent director of the company. The resolution was passed with the requis...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.