Ashima Limited (ASHIMASYN) AI Stock Analysis

• Market Cap: ₹3.99B
• Dividend Yield: N/A
• Average Volume (3M): 15.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.83
• Revenue Growth: -95.41%
• EPS Growth: -121.35%
• Country: IN
• Employees: 239
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.42
• Shares Outstanding: 191,660,080
• 10 Day Avg. Volume: 14,401
• 30 Day Avg. Volume: 15,656
• PEG Ratio: 0.19
• Price to Book (P/B): 1.21
• Price to Sales (P/S): 34.59
• P/FCF Ratio: -17.98
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: ₹19.50 ▲(3.01% Upside)

Ashima Limited's overall stock score is primarily impacted by its weak financial performance and technical indicators. The company's profitability and cash flow challenges, combined with bearish technical signals, contribute to a low score. The negative P/E ratio further detracts from its valuation appeal.

Positive Factors

Strong Equity Base

A strong equity base provides financial stability and resilience, allowing the company to withstand market fluctuations and invest in growth opportunities.

Innovative Fabric Solutions

Innovation in fabric solutions strengthens market position and attracts global fashion brands, supporting long-term revenue growth and competitive advantage.

Diverse Revenue Streams

Diverse revenue streams reduce dependency on a single market, enhancing stability and growth potential by tapping into various customer segments and geographies.

Negative Factors

Negative Cash Flow

Negative cash flow indicates potential liquidity issues, limiting the company's ability to invest in growth and meet financial obligations, impacting long-term sustainability.

Inconsistent Revenue Growth

Inconsistent revenue growth can hinder strategic planning and investment, affecting the company's ability to achieve stable long-term expansion and profitability.

Negative Net Profit Margins

Negative net profit margins suggest operational inefficiencies or high costs, which can erode profitability and limit financial resources for future growth initiatives.

Ashima Limited Business Overview & Revenue Model

Company Description

Ashima Limited (ASHIMASYN) is a prominent player in the textile and apparel sector, specializing in the production of high-quality fabrics and garments. The company operates primarily in the manufacturing and export of denim and other woven fabrics, catering to a diverse clientele that includes leading fashion brands and retailers. Additionally, Ashima Limited is involved in sustainable textile initiatives, focusing on eco-friendly manufacturing processes and products, which positions it favorably in the growing market for sustainable fashion.

How the Company Makes Money

Ashima Limited generates revenue primarily through the sale of its textiles and garments to both domestic and international markets. The company's key revenue streams include direct sales to major fashion retailers, export of fabrics, and long-term contracts with apparel brands. Significant partnerships with global retail chains enhance its market reach and provide stable income. Furthermore, Ashima Limited leverages its expertise in sustainable manufacturing to attract environmentally-conscious brands, which can command higher price points, thereby increasing profit margins. The company also invests in innovation and product development, ensuring a competitive edge and the ability to meet evolving consumer demands.

Ashima Limited Financial Statement Overview

Summary

Ashima Limited faces challenges in profitability and cash flow, with inconsistent revenue growth and negative net profit margins. The balance sheet is stable with a strong equity base, but cash flow issues indicate potential liquidity concerns.

Income Statement

Ashima Limited has shown inconsistent revenue growth with significant fluctuations in profitability. The gross profit margin is healthy but the net profit margin has been negative in recent years. This suggests potential operational inefficiencies or high costs relative to revenue. The EBIT and EBITDA margins have also been volatile, indicating instability in earnings before interest and taxes.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, reflecting balanced leverage. However, the return on equity (ROE) has been negatively impacted by recent net losses. The equity ratio indicates a strong equity base relative to total assets, which is a positive indicator of financial stability.

Cash Flow

Ashima Limited has experienced negative free cash flow growth, with operating cash flow consistently negative, which may signal ongoing cash management challenges. The operating cash flow to net income ratio reflects these operational difficulties. The free cash flow to net income ratio is also negative, indicating struggles in generating free cash flow from its operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	110.30M	104.80M	3.29B	2.07B	2.08B	1.03B
Gross Profit	-72.10M	109.80M	1.37B	494.40M	890.70M	367.30M
EBITDA	27.05M	71.90M	706.40M	-13.10M	312.50M	77.30M
Net Income	-227.50M	-190.00M	964.10M	-66.50M	179.20M	-114.70M
Balance Sheet
Total Assets	0.00	5.02B	5.44B	3.20B	3.18B	2.69B
Cash, Cash Equivalents and Short-Term Investments	915.90M	920.00M	670.10M	239.70M	271.10M	528.10M
Total Debt	0.00	1.22B	1.24B	327.10M	181.50M	227.20M
Total Liabilities	-2.99B	2.04B	2.27B	998.90M	914.10M	599.90M
Stockholders Equity	2.99B	2.99B	3.17B	2.20B	2.26B	2.09B
Cash Flow
Free Cash Flow	0.00	-201.60M	-436.10M	-421.40M	-367.80M	-88.70M
Operating Cash Flow	0.00	-198.60M	-384.40M	-239.10M	-264.00M	-80.40M
Investing Cash Flow	0.00	294.40M	-35.40M	160.20M	374.50M	-72.40M
Financing Cash Flow	0.00	-97.20M	864.50M	132.20M	-55.40M	134.00M

Ashima Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.93
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASHIMASYN, the sentiment is Negative. The current price of 18.93 is below the 20-day moving average (MA) of 19.64, below the 50-day MA of 21.25, and below the 200-day MA of 24.91, indicating a bearish trend. The MACD of -0.66 indicates Negative momentum. The RSI at 36.63 is Neutral, neither overbought nor oversold. The STOCH value of 18.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASHIMASYN.

Ashima Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORBTEXP	72 Outperform	₹5.85B	15.26	―	―	13.84%	4.13%
LAMBODHARA	69 Neutral	₹1.38B	19.22	―	0.39%	13.13%	-2.13%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SHREYANIND	61 Neutral	₹3.04B	5.64	―	1.66%	6.00%	-19.96%
BANSWRAS	60 Neutral	₹4.09B	18.81	―	0.82%	5.59%	-5.44%
VARDMNPOLY	44 Neutral	₹3.60B	10.77	―	―	5.66%	―
ASHIMASYN	39 Underperform	₹3.99B	-17.52	―	―	-95.41%	-121.35%

Ashima Limited Corporate Events

Ashima Limited Announces Trading Window Closure

Ashima Limited has announced the closure of its trading window in compliance with SEBI’s Prohibition of Insider Trading Regulations, 2015. This measure will be in effect from October 1, 2025, until 48 hours after the declaration of the company’s unaudited financial results for the quarter and half-year ending September 30, 2025. The closure is intended to prevent insider trading by restricting trading activities of insiders, designated persons, connected persons, and their immediate relatives during this sensitive period.