Yasho Industries Ltd. (YASHO) AI Stock Analysis

• Market Cap: ₹16.56B
• Dividend Yield: 0.03%
• Average Volume (3M): 1.03K
• Price to Earnings (P/E): 130.8
• Beta (1Y): 0.44
• Revenue Growth: 11.74%
• EPS Growth: -64.13%
• Country: IN
• Employees: 818
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 4.03
• Shares Outstanding: 12,057,095
• 10 Day Avg. Volume: 567
• 30 Day Avg. Volume: 1,032
• PEG Ratio: -3.67
• Price to Book (P/B): 4.78
• Price to Sales (P/S): 3.00
• P/FCF Ratio: -44.20
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹1,174.00 ▼(-18.30% Downside)

The score is held back most by weak technicals (price below all key moving averages and bearish MACD) and a demanding valuation (very high P/E). Financial performance is mixed: solid revenue growth and operating margins, but declining net income, negative operating/free cash flow, and high leverage add meaningful risk.

Positive Factors

Diverse product mix and export reach

Serving multiple end markets (pharma, agro, coatings) with specialty chemicals and exports creates durable demand diversification. This broad exposure reduces reliance on any single sector, expands addressable markets via exports, and supports steadier revenue over economic cycles.

Sustained revenue growth with healthy operating margins

Consistent top-line growth combined with robust gross/EBIT/EBITDA margins indicates operational efficiency and competitive manufacturing economics. Over 2-6 months this supports reinvestment capacity, product development, and resilience to input cost swings if margins remain structural rather than transitory.

Solid equity base provides financial cushion

A growing shareholders' equity base offers a durable buffer against cyclical volatility and supports capital expenditure or working-capital needs without immediate reliance on external funding. It also improves creditor confidence for long-term financing when needed.

Negative Factors

Negative operating and free cash flow

Persistent negative operating and free cash flow undermines the company's ability to self-fund capex, reduce leverage, or sustain dividends. Over months this increases dependence on external financing, heightens refinancing risk, and constrains strategic investments or R&D.

Elevated leverage and debt burden

High debt-to-equity raises interest expense sensitivity and reduces financial flexibility. Structurally, elevated leverage limits ability to absorb margin shocks, restricts capacity for opportunistic investment, and increases default risk if cash generation does not improve.

Declining net income and margin pressure

A sharp drop in net income despite revenue growth signals margin compression from costs, one-offs, or rising financing costs. Persisting declines would erode shareholder returns and weaken the case for reinvestment, necessitating structural cost control or pricing power improvements.

Yasho Industries Ltd. Business Overview & Revenue Model

Company Description

Yasho Industries Limited manufactures and supplies specialty chemicals, food antioxidants, aroma chemicals, rubber chemicals, and lubricant additives in the United States, Europe, Asia, and the Middle East. The company offers various chemicals, such as fatty esters and natural essential/aroma oils, which serve personal care, cosmetics and toiletries, flavors and fragrances, agro chemical, dentifrices and oral care, and pharmaceutical industries; and food antioxidant chemicals, including tertiary-butyl hydroquinone, butylated hydroxy anisole, ascorbyl palmitate, and other antioxidants that are used in various food products containing oils and fats. It also provides rubber chemicals comprising accelerators and antioxidants for tyres, automotive parts, industrial use, and latex articles; and lubricant additives, which include aminic antioxidants, molybdenum-based and anti-wear additives, and corrosion inhibitors for petroleum and synthetic lubricant industries. In addition, the company offers specialty chemicals for use in industries, such as electroplating chemicals, intermediates for API/bulk drugs, UPR resins/fiber composites resins, thermoplastics urethanes, and printing inks and agrochemicals. Yasho Industries Limited was incorporated in 1985 and is headquartered in Mumbai, India.

How the Company Makes Money

Yasho Industries generates revenue through the production and sale of specialty chemicals across various sectors. Its primary revenue streams include the sale of chemical products to industries such as pharmaceuticals, agriculture, and coatings. The company has established significant partnerships with key players in these industries, which enhances its market presence and contributes to consistent sales growth. Additionally, Yasho benefits from export opportunities, leveraging its manufacturing capabilities to reach international clients. The company's strategic focus on research and development allows for the introduction of new products, further diversifying its revenue sources.

Yasho Industries Ltd. Financial Statement Overview

Summary

Yasho Industries Ltd. shows robust revenue growth but faces challenges with profitability and cash flow. The company is heavily leveraged, which could impact financial flexibility. Improving net profit margins and managing debt levels are essential for sustainable financial health.

Income Statement

Yasho Industries Ltd. has demonstrated consistent revenue growth with a notable increase from 2024 to 2025. However, the net profit margin has significantly declined due to a sharp decrease in net income, suggesting potential cost control and profitability challenges. Gross profit margin remains strong, indicating efficient production. The EBIT and EBITDA margins are healthy, reflecting effective operational management.

Balance Sheet

The company shows a strong equity base, with a considerable increase in stockholders' equity over the years. However, the debt-to-equity ratio is relatively high, indicating significant leverage and potential financial risk. The equity ratio suggests a stable asset base, though the high level of total debt could pose risks if not managed carefully.

Cash Flow

Yasho Industries Ltd. faces challenges in cash flow management, as evidenced by negative free cash flow and a negative operating cash flow for the recent period. This indicates cash flow strain, although the company has increased financing activities to manage liquidity. The operating cash flow to net income ratio is concerning, reflecting inefficiencies in converting income into actual cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2020
Income Statement
Total Revenue	6.94B	6.68B	5.94B	6.68B	6.08B	3.58B
Gross Profit	3.00B	2.78B	2.07B	2.49B	2.18B	1.21B
EBITDA	1.25B	1.10B	1.07B	1.24B	1.03B	590.86M
Net Income	122.15M	61.10M	579.37M	678.68M	522.86M	214.77M
Balance Sheet
Total Assets	0.00	10.94B	9.93B	6.50B	4.83B	3.05B
Cash, Cash Equivalents and Short-Term Investments	284.30M	284.30M	988.00K	5.20M	2.19M	6.49M
Total Debt	0.00	5.83B	5.79B	3.24B	1.79B	1.64B
Total Liabilities	-4.20B	6.74B	6.98B	4.12B	3.10B	2.26B
Stockholders Equity	4.20B	4.20B	2.95B	2.38B	1.73B	789.31M
Cash Flow
Free Cash Flow	0.00	-454.10M	-2.47B	-1.41B	-444.36M	206.34M
Operating Cash Flow	0.00	-419.70M	901.86M	125.20M	161.59M	346.27M
Investing Cash Flow	0.00	-87.60M	-3.04B	-1.32B	-591.65M	-135.55M
Financing Cash Flow	0.00	592.20M	2.14B	1.22B	426.12M	-209.44M

Yasho Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1436.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:YASHO, the sentiment is Negative. The current price of 1436.9 is above the 20-day moving average (MA) of 1413.55, below the 50-day MA of 1540.45, and below the 200-day MA of 1743.73, indicating a bearish trend. The MACD of -67.42 indicates Positive momentum. The RSI at 40.47 is Neutral, neither overbought nor oversold. The STOCH value of 43.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:YASHO.

Yasho Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FCL	75 Outperform	₹26.65B	27.17	―	0.65%	-10.12%	-22.38%
SHREEPUSHK	68 Neutral	₹10.92B	15.25	―	0.52%	28.67%	50.12%
PUNJABCHEM	64 Neutral	₹13.49B	25.80	―	0.24%	10.70%	32.65%
TATVA	64 Neutral	₹29.76B	167.79	―	0.07%	16.88%	0.69%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IOLCP	60 Neutral	₹23.02B	19.87	―	0.97%	5.74%	16.06%
YASHO	52 Neutral	₹16.56B	130.75	―	0.03%	11.74%	-64.13%

Yasho Industries Ltd. Corporate Events

Yasho Industries Denies Role in Unusual Surge in Share Trading Volume

Yasho Industries Ltd. has clarified to the National Stock Exchange of India that it has made all required disclosures of material information and events in a timely manner and has not withheld any information that could impact the price or trading volume of its shares. Responding to an exchange query on the recent sharp increase in trading volume, the company stated that neither its management is connected with, nor is it aware of, any specific reasons for the significant price and volume movement, asserting that the share movement is purely market-driven and the result of prevailing market conditions.