Ashima
- Market cap
- ₹ 245 Cr.
- P/E
- 10.2x
- P/B
- 0.93x
- 52-week range
- 11.5 – 22.6
- ROE
- −7%
- ROCE
- 0%
- Dividend yield
- 0%
- Debt / equity
- 0.59
- Sector
- Textiles & Apparels
- Industry
- Other Textile Products
- Listed on
- NSE, BSE
About
Ashima Limited is engaged in real estate development and investment activities. The Company's segments include Real Estate, Investment, Investment Management & Advisory Services and Others. It has two projects under progress: Swan Lake, which is a weekend homes project, and The Sovereign, which is a luxurious residential apartment project.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Textile Products: 275 companies →Ashima 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)10.2 against a typical 16.3: cheaper than most peers (1st = cheapest).90th of 268
- Sales growth+200.7% against a typical +6.7% from a year earlier.11th of 234
- Share price, 3 months−22.8% against a typical −4.6%.206th of 240
- Size₹ 245.5 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).63rd of 256
Latest announcements
Exchange filings and their impact on the company.
- Ashima paid Rs 18 cr to settle 20-year bank dispute and will get Rs 4.06 cr back, at Rs 13.94 cr net cost.
Ashima Limited filed its settlement with HDFC Bank and Bank of Bahrain and Kuwait before the Debt Recovery Appellate Tribunal in Mumbai on 26 October 2026. It handed over a Rs 18 crore demand draft to BBK and the tribunal orally accepted the consent terms and allowed withdrawal of cases. After withdrawal of the Ahmedabad commercial court suit, HDFC Bank will pay about Rs 4.06 crore belonging to the company, leaving a net settlement cost of about Rs 13.94 crore and ending the long-running dispute.
- Ashima to pay Rs 13.94 cr net to end 20-year bank dispute, taking a Rs 9.83 cr one-time profit hit.
Ashima Limited signed consent terms on 22 October 2026 with HDFC Bank and Bank of Bahrain and Kuwait to settle cases pending since 2003 over a Rs 7.5 crore cheque. Under the deal, Ashima will pay Rs 18 crore to BBK and receive about Rs 4.06 crore held as fixed deposit from HDFC Bank, a net cash outflow of about Rs 13.94 crore. After accounting adjustments, the settlement will reduce profit by about Rs 9.83 crore but ends prolonged litigation in multiple courts.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 18 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 23 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 28 Feb 2026 | Other business matters | To consider and, if thought fit, to approve the appointment of Chief Executive Officer (CEO) of the Company, subject to such terms and conditions as may be placed before the Board. |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
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 | 3 | 6 | 79 | 8 | 5 | 2 | 1 | 3 | 4 | 1 | 7 | 8 |
| Expenses | 0 | 2 | 15 | 2 | 2 | 6 | 2 | 3 | 6 | 3 | 10 | 5 |
| Operating Profit | 3 | 4 | 63 | 6 | 3 | −4 | −1 | 0 | −2 | −2 | −3 | 3 |
| OPM % | 95.5% | 67.4% | 80.5% | 75% | 64.2% | −179.3% | −146.9% | 2.9% | −54.1% | −253.9% | −39.2% | 39.7% |
| Other Income | −4 | 1 | 34 | −3 | −13 | −6 | 6 | −1 | −4 | 2 | −3 | 1 |
| Interest | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −1 | 3 | 96 | 1 | −12 | −12 | 3 | −2 | −8 | −3 | −9 | 2 |
| Tax % | 0% | 0% | 0.1% | 0% | 0% | 0% | −0.9% | 4.1% | 1.3% | 3.8% | −20.4% | 4.9% |
| Net Profit | −1 | 3 | 96 | 1 | −12 | −12 | 3 | −3 | −8 | −3 | −7 | 2 |
| EPS in Rs | −0.07 | 0.18 | 5 | 0.07 | −0.62 | −0.6 | 0.17 | −0.13 | −0.42 | −0.14 | −0.36 | 0.1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- −35%
- 3 Years
- —
- TTM
- 81%
- 10 Years
- —
- 5 Years
- −35%
- 3 Years
- —
- TTM
- 71%
- 10 Years
- 0%
- 5 Years
- 0%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 6%
- 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.
| Ashima | ₹ 14.05 | ₹ 245 Cr. | 10.2x | 0.9x | −7% | — |
| Arvind | ₹ 482.00 | ₹ 13,095 Cr. | 33x | 3.5x | 10.6% | 4.6% |
| Trident | ₹ 20.48 | ₹ 10,437 Cr. | 34.3x | 2.7x | 8% | 5.6% |
| Garware Technical Fibres | ₹ 740.25 | ₹ 7,202 Cr. | 35.8x | 5.6x | 16.4% | 13.9% |
| Filatex India | ₹ 91.60 | ₹ 4,068 Cr. | 17.3x | 2.1x | 12.9% | 4.4% |
| Nitin Spinners | ₹ 602.30 | ₹ 3,386 Cr. | 17.4x | 2.1x | 12.8% | 5.5% |
Management
- Chintan Navnitlal Parikh
- Chairman of the Board, Managing Director
- Vanita Mathur
- Chief Executive Officer
- Jayesh C. Bhayani
- Chief Financial Officer
- Harshil Ketanbhai Shah
- Compliance Officer, Company Secretary
- Krishnachintan Chintan Parikh
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.