Asahi Songwon Colors
- Market cap
- ₹ 413 Cr.
- P/E
- 12.8x
- P/B
- 1.61x
- 52-week range
- 179.64 – 413.95
- ROE
- 7%
- ROCE
- 8%
- Dividend yield
- 0.4%
- Debt / equity
- 0.53
- Sector
- Chemicals & Petrochemicals
- Industry
- Dyes And Pigments
- Listed on
- NSE, BSE
About
Asahi Songwon Colors Limited is an India-based company principally engaged in the business of manufacturing and exporting color pigments and their derivatives. Its segments include Chemicals and Life Science Chemicals. The Chemicals segment includes dyes and pigments. The Life Science Chemicals segment includes active pharmaceutical ingredient (API) and API intermediates. It manufactures phthalo pigments, comprising Copper Phthalocyanine crude (CPC) blue crude and a range of beta blue pigments. Its products include CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3 and Pigment Blue 15.4. Its phthalocyanine pigments are used in the manufacture of printing inks, paints, plastics, textiles, and paper industries. The Company’s manufacturing facility is located at Padra, Vadodara, Gujarat.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Dyes And Pigments: 19 companies →Asahi Songwon Colors against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.8 against a typical 15.3: cheaper than most peers (1st = cheapest).8th of 19
- Sales growth+26% against a typical +29.6% from a year earlier.10th of 17
- Profit growth+533.3% against a typical +93.6% from a year earlier.3rd of 14
- Share price, 3 months+6% against a typical +6%.10th of 19
- Size₹ 412.6 Cr. market value against a typical ₹ 252 Cr. (1st = largest).6th of 16
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A / CARE A1 | Positive | 7 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Apr 2026 | Reaffirmed | CARE A / CARE A1 | — | CARE | ₹ 183.07 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 29 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 8 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 95 | 102 | 126 | 134 | 142 | 134 | 153 | 150 | 121 | 121 | 144 | 189 |
| Expenses | 90 | 97 | 117 | 121 | 128 | 122 | 136 | 139 | 111 | 110 | 125 | 157 |
| Operating Profit | 5 | 5 | 9 | 14 | 13 | 12 | 17 | 11 | 10 | 10 | 20 | 32 |
| OPM % | 6% | 4.9% | 7% | 10% | 10% | 9% | 11% | 7% | 8% | 8% | 14% | 17% |
| Other Income | 27 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 0 | 3 | 1 |
| Interest | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 25 | −1 | 1 | 6 | 5 | 4 | 9 | 4 | 4 | 3 | 15 | 25 |
| Tax % | 10% | 63% | 29% | 28% | 39% | 47% | 25% | 39% | 42% | 15% | 28% | 25% |
| Net Profit | 23 | −2 | 1 | 4 | 3 | 2 | 7 | 3 | 2 | 2 | 11 | 19 |
| EPS in Rs | 20 | −0.87 | 1.83 | 4.39 | 3.26 | 2.63 | 6.48 | 2.68 | 1.91 | 2.1 | 9.22 | 16.31 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 2%
- TTM
- −1%
- 10 Years
- —
- 5 Years
- −8%
- 3 Years
- 53%
- TTM
- 96%
- 10 Years
- 7%
- 5 Years
- 1%
- 3 Years
- 17%
- TTM
- —
- 10 Years
- —
- 5 Years
- 4%
- 3 Years
- 5%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Asahi Songwon Colors | ₹ 377.85 | ₹ 413 Cr. | 12.8x | 1.6x | 7% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Paru M. Jaykrishna
- Executive Chairman of the Board, Managing Director
- Arjun Gokul Jaykrishna
- Chief Executive Officer, Executive Director
- Maulik P. Shah
- Chief Financial Officer
- Joseph Saji Varghese
- Compliance Officer, Company Secretary
- Gokul Mrugesh Jaykrishna
- Joint Managing Director, Executive Director
- Mitesh N. Patel
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.