Asahi Songwon Colors Limited

NSE: ASAHISONG · Unclassified

₹366.45-0.61%06 Nov 2026

Ask the data

Instant answers about Asahi Songwon Colors Limited — computed from its filings, no language model

Market cap₹432 cr

Current price₹366.45

High / Low₹403 / ₹183

P/E12.5

P/B1.59

Book value₹230.2

ROE12.8%

ROCE14.2%

Debt / equity0.52

Dividend yield0.41%

EPS (TTM)₹29.38

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	283.6	283.1	415.4	504.6	426.2	562.4	535.5
EBITDA	34.4	49.5	36.7	5.3	18.3	56.2	49.8
Operating margin	12.1%	17.5%	8.8%	1.0%	4.3%	10.0%	9.3%
Interest	3.6	1.9	4.7	14.0	12.6	16.5	12.2
Depreciation	8.3	8.7	12.0	14.9	16.2	18.8	18.7
Profit before tax	23.3	43.6	20.9	-17.7	17.9	25.0	25.6
Tax	0.4	11.7	6.2	0.7	2.3	8.1	7.8
Net profit	22.8	32.2	19.4	-11.7	20.1	19.8	18.8
EPS ₹	18.60	26.29	16.10	-9.83	17.01	16.76	15.92
Operating cash flow	—	—	9.1	33.6	7.8	57.9	43.2
Capex	—	—	27.8	31.5	53.4	6.0	5.5
Dividend paid	—	—	4.2	0.6	0.6	0.6	1.8
Total assets	—	—	—	546.7	574.7	590.0	603.0
Equity	—	—	—	218.6	235.6	255.0	271.4

Quarterly performance

last 27 quarters · ₹ crore

showing latest 8 of 27 periods

	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	58.5	71.8	57.8	62.3	72.5	90.5	97.0	94.9	100.1	123.5	163.1	127.5	94.1	123.8	102.8	95.3	102.2	126.0	134.3	141.6	133.7	152.8	149.9	120.9	120.7	144.1	188.9
Operating profit	7.5	10.9	10.8	11.9	13.2	13.5	10.3	10.3	7.9	8.1	11.8	7.5	-2.1	-8.5	-0.9	5.4	5.0	8.8	13.7	13.5	11.9	17.1	10.6	9.5	10.3	19.5	31.8
Operating margin	12.8%	15.3%	18.7%	19.2%	18.2%	15.0%	10.6%	10.9%	7.9%	6.6%	7.2%	5.9%	-2.2%	-6.9%	-0.9%	5.7%	4.9%	7.0%	10.2%	9.5%	8.9%	11.2%	7.0%	7.8%	8.5%	13.6%	16.8%
Other income	0.1	0.2	0.2	0.3	1.0	-1.1	0.0	0.1	0.2	0.5	0.2	-0.0	0.1	2.1	0.7	0.8	0.5	0.9	0.8	1.0	1.6	0.6	1.5	1.6	0.1	3.5	0.8
Interest	0.8	0.8	0.5	0.4	0.4	0.6	0.9	1.1	1.3	1.4	2.8	3.5	3.8	3.9	3.2	3.0	2.7	3.7	4.0	4.3	4.4	3.8	3.1	2.9	3.0	3.3	2.6
Depreciation	2.1	2.1	2.1	2.1	2.1	2.3	3.0	3.0	3.0	3.0	3.6	3.7	3.7	3.8	3.8	3.8	4.0	4.5	4.5	4.8	4.8	4.7	4.6	4.7	4.8	4.7	4.7
Profit before tax	4.7	8.3	12.2	10.4	11.6	9.4	6.5	6.3	3.8	4.2	5.5	0.3	-9.5	-14.1	-7.2	25.2	-1.3	1.3	6.0	5.4	4.4	9.2	4.2	3.6	2.7	15.1	25.4
Tax	1.2	2.2	2.7	2.6	3.1	3.3	1.9	1.8	1.6	0.9	2.4	1.3	-0.5	-2.4	-1.4	2.5	0.8	0.4	1.7	2.1	2.1	2.3	1.6	1.5	0.4	4.2	6.3
Net profit	3.5	6.1	9.5	7.7	8.5	6.4	5.7	5.7	3.3	4.7	4.8	1.2	-7.4	-10.2	-4.7	23.6	-1.0	2.2	5.2	3.8	3.1	7.6	3.2	2.2	2.5	10.9	19.0
EPS ₹	2.86	4.97	7.77	6.30	6.95	5.06	3.79	4.73	2.76	3.89	3.96	1.00	-6.24	-8.68	-2.29	20.00	-0.87	1.83	4.39	3.26	2.63	6.48	2.68	1.91	2.11	9.22	16.32
Revenue YoY	—	—	—	—	24.0%	26.1%	67.7%	52.3%	38.0%	36.5%	68.2%	34.4%	-6.0%	0.2%	-37.0%	-25.2%	8.6%	1.8%	30.6%	48.5%	30.9%	21.3%	11.6%	-14.6%	-9.8%	-5.7%	26.0%
Profit YoY	—	—	—	—	143.0%	5.2%	-40.5%	-26.5%	-61.1%	-27.3%	-16.0%	-79.1%	-321.7%	-319.3%	-197.9%	1880.7%	—	—	—	-83.7%	—	253.7%	-38.9%	-41.4%	-20.0%	42.3%	502.2%

Earlier results (standalone, Sep '07 – Sep '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Asahi Songwon Colors Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	113.6	128.2	184.2	234.4	232.6	302.6	258.0	224.7	257.8	293.8	293.6
Operating profit	13.1	19.7	30.1	44.0	25.3	39.3	38.0	39.7	47.1	38.2	39.5
Operating margin	11.5%	15.3%	16.4%	18.8%	10.9%	13.0%	14.7%	17.7%	18.3%	13.0%	13.5%
Other income	0.2	—	—	—	—	—	—	—	0.3	4.5	-2.1
Interest	4.4	3.9	3.2	5.3	4.9	6.3	5.2	4.5	2.8	3.5	5.2
Depreciation	3.6	4.3	4.5	5.3	5.3	6.7	6.6	6.7	7.1	7.2	8.2
Profit before tax	5.2	11.6	22.5	33.3	15.1	26.3	26.5	31.4	37.5	32.0	24.1
Tax	2.7	2.0	2.4	10.8	4.7	11.7	8.8	10.4	12.5	8.9	8.0
Net profit	2.5	9.5	20.1	22.6	10.3	14.6	17.7	21.0	25.0	23.1	16.1

Quarters

showing latest 8 of 49 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†	SEP '19†
Revenue	21.5	22.9	19.1	22.6	37.6	28.1	25.4	17.3	31.0	36.3	43.6	44.7	43.9	48.1	47.5	55.6	55.5	60.3	63.0	61.3	59.8	61.0	50.6	68.0	72.5	79.9	82.3	81.2	58.6	66.5	51.7	58.0	60.5	44.7	61.4	61.8	68.9	56.7	70.5	65.1	66.3	71.2	91.2	76.5	83.9	65.9	67.3	81.8	71.6
Operating profit	3.4	4.4	2.8	2.7	4.5	2.9	3.0	1.8	4.0	6.1	7.7	6.7	6.7	7.5	9.2	11.1	10.6	11.1	11.2	10.7	5.5	5.2	3.8	7.8	10.5	9.9	11.1	10.3	8.2	10.5	9.0	10.6	9.7	6.9	12.6	10.8	13.1	12.4	10.7	5.3	12.3	11.3	9.4	10.6	12.5	8.9	7.5	7.1	8.8
Operating margin	15.6%	19.3%	14.7%	12.0%	12.0%	10.2%	11.8%	10.6%	13.0%	16.8%	17.7%	15.0%	15.3%	15.7%	19.3%	20.0%	19.0%	18.4%	17.9%	17.5%	9.3%	8.6%	7.5%	11.5%	14.5%	12.4%	13.5%	12.7%	14.0%	15.8%	17.3%	18.3%	16.0%	15.4%	20.4%	17.5%	19.1%	21.9%	15.2%	8.2%	18.5%	15.8%	10.3%	13.8%	14.9%	13.6%	11.2%	8.7%	12.4%
Other income	0.7	0.6	0.6	0.0	0.0	0.0	0.1	0.0	—	0.0	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.2	1.2	0.5	-2.6	0.1	0.1	2.7	1.4	2.6	4.2	-3.7	-0.4	-1.7	0.0	0.0	—	0.4
Interest	0.5	0.4	0.4	0.7	1.2	1.0	1.5	0.8	0.9	0.7	1.4	0.9	0.7	0.8	0.8	1.3	1.2	1.4	1.4	1.5	1.0	1.3	1.1	1.7	1.6	1.5	1.6	1.7	1.2	1.1	1.2	1.3	1.4	1.0	0.9	0.8	0.6	0.7	0.6	0.7	0.7	1.0	1.0	1.2	1.1	1.1	1.8	1.1	0.9
Depreciation	0.3	0.4	0.3	0.8	0.8	0.8	1.1	0.9	1.2	1.1	1.1	1.1	1.1	1.1	1.2	1.3	1.3	1.3	1.4	1.3	1.3	1.3	1.3	1.6	1.6	1.8	1.7	2.0	1.5	1.5	1.6	1.6	1.7	1.7	1.7	1.7	1.8	1.8	1.8	1.8	1.9	1.9	1.7	1.9	2.0	2.0	2.3	2.1	2.1
Profit before tax	3.3	4.1	2.6	1.2	2.5	1.0	0.5	0.1	1.9	4.3	5.2	4.8	4.9	5.7	7.2	8.5	8.0	8.3	8.5	7.9	3.2	2.6	1.4	4.6	7.3	6.6	7.8	6.6	5.9	7.8	6.1	7.6	7.9	5.4	10.4	5.7	10.8	10.0	11.0	4.2	12.3	12.5	3.0	7.0	7.7	5.9	3.5	4.0	6.3
Tax	0.3	0.5	-0.7	0.1	0.0	0.0	2.6	0.0	0.0	1.4	0.6	0.6	0.6	0.6	0.7	2.4	2.4	3.1	2.9	2.4	1.0	0.6	0.7	1.4	2.6	2.4	5.3	2.4	1.8	2.7	1.9	2.6	2.5	1.2	4.1	2.9	3.8	3.5	2.3	1.4	2.9	3.3	1.2	2.3	2.4	1.8	1.4	-1.4	-1.6
Net profit	2.9	3.6	3.4	1.1	2.5	1.0	-2.1	0.1	1.9	2.9	4.7	4.2	4.3	5.1	6.5	6.2	5.6	5.2	5.6	5.5	2.1	2.0	0.7	3.1	4.8	4.2	2.4	4.2	4.1	5.2	4.3	5.0	5.4	4.2	6.4	2.7	7.0	6.5	8.8	2.7	9.4	9.2	1.8	4.8	5.3	4.1	2.0	5.4	7.9
EPS ₹	2.38	2.93	2.73	0.91	2.02	0.84	-1.69	0.07	1.58	2.32	3.80	3.40	—	4.12	5.31	5.02	4.56	4.26	4.53	4.49	1.75	1.63	0.56	2.57	3.88	3.47	1.97	3.43	3.33	4.19	3.48	4.11	4.41	3.38	5.20	2.23	5.72	5.29	7.14	2.23	7.62	7.50	1.43	3.88	4.32	3.31	1.63	4.38	6.40
Revenue YoY	—	—	—	—	74.6%	22.4%	32.9%	-23.5%	-17.4%	29.2%	71.8%	158.9%	41.5%	32.7%	8.8%	24.4%	26.3%	25.4%	32.6%	10.2%	7.7%	1.1%	-19.6%	10.8%	21.3%	31.0%	62.7%	19.5%	-19.2%	-16.8%	-37.1%	-28.5%	3.3%	-32.8%	18.7%	6.5%	13.7%	26.9%	14.7%	5.4%	-3.7%	25.6%	29.4%	17.5%	26.6%	-7.5%	-26.2%	6.9%	-14.7%
Profit YoY	—	—	—	—	-15.1%	-71.4%	-162.1%	-92.0%	-21.8%	176.7%	—	4544.4%	121.6%	77.5%	39.7%	47.4%	30.2%	3.4%	-14.6%	-10.6%	-61.6%	-61.8%	-87.6%	-42.8%	121.4%	112.5%	250.7%	33.7%	-14.3%	21.2%	76.4%	19.7%	32.6%	-19.4%	49.4%	-45.6%	29.9%	56.4%	37.3%	-0.4%	33.4%	41.8%	-79.9%	74.7%	-43.5%	-55.9%	13.6%	12.8%	48.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 24 periods

	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	5.9%	1.4%	-5.3%	-9.6%	0.6%	3.2%	8.5%	12.7%	4.2%	5.8%	7.7%	7.0%	6.3%	6.0%	6.9%	12.8%
ROCE	—	—	—	—	—	—	—	—	5.4%	2.9%	-0.9%	-4.0%	2.1%	3.9%	7.0%	10.3%	5.9%	7.6%	9.9%	9.2%	9.0%	8.2%	9.2%	14.2%
Net margin	10.7%	12.1%	11.4%	8.8%	7.4%	5.5%	4.7%	3.8%	2.7%	0.6%	-2.3%	-4.7%	0.3%	1.8%	4.7%	6.5%	2.0%	2.7%	3.5%	3.1%	2.9%	2.9%	3.5%	6.0%
EBITDA margin	16.5%	17.8%	17.5%	15.2%	13.4%	11.0%	8.8%	7.9%	6.9%	5.0%	1.7%	-0.9%	-1.5%	0.2%	4.3%	7.2%	8.1%	8.9%	10.0%	9.2%	8.8%	8.7%	9.3%	12.4%
Debt / equity	—	—	—	—	—	—	—	—	0.78	0.78	0.82	0.82	0.65	0.65	0.84	0.84	0.81	0.81	0.65	0.65	0.54	0.54	0.52	0.52
Interest coverage	14.93	20.86	23.49	17.11	12.10	7.59	5.41	4.00	2.54	1.05	-0.27	-1.12	0.59	1.20	2.43	3.34	1.78	2.05	2.52	2.48	2.51	2.54	3.09	4.99
Asset turnover	—	—	—	—	—	—	—	—	0.88	0.87	0.93	0.82	0.78	0.79	0.74	0.80	0.84	0.89	0.95	0.98	0.98	0.96	0.89	0.95

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	11.8	11.8	11.8	11.8	11.8	11.8	11.8	11.8
Other equity / reserves	224.5	206.8	226.0	223.8	232.2	243.3	245.9	259.6
Total equity	236.3	218.6	237.8	235.6	244.0	255.0	257.7	271.4
Borrowings	184.2	179.7	154.1	197.2	197.5	164.8	138.1	140.8
Current liabilities	244.7	210.9	163.7	217.6	236.0	226.6	209.7	240.0
Non-current liabilities	58.8	75.8	94.9	91.2	92.9	80.9	72.6	65.2
Total assets	584.2	546.7	535.8	574.7	601.9	590.0	566.8	603.0
Property, plant & equipment	247.8	247.0	221.5	278.0	285.9	276.6	270.6	263.9
Capital work-in-progress	8.3	25.0	61.3	10.8	0.0	0.3	0.4	0.0
Investments	1.4	1.3	6.3	0.6	0.1	0.4	0.1	1.8
Inventories	136.3	86.2	83.5	84.9	86.6	86.8	91.8	124.9
Receivables	114.8	107.1	89.3	122.4	139.6	147.7	123.9	137.7
Cash & equivalents	0.9	0.7	0.6	0.7	0.8	3.7	0.4	2.2

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	9.1	33.6	7.8	57.9	43.2
Cash from investing	-37.6	-80.8	-12.2	-5.4	-6.8
Cash from financing	28.4	47.5	4.4	-49.5	-38.0
Capex	27.8	31.5	53.4	6.0	5.5
Free cash flow	-18.7	2.1	-45.6	51.9	37.7
Dividends paid	4.2	0.6	0.6	0.6	1.8

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹263.9 cr44%

Investments

₹1.8 cr0%

Inventories

₹124.9 cr21%

Receivables

₹137.7 cr23%

Cash & equivalents

₹2.2 cr0%

Other assets

₹72.6 cr12%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Asahi Songwon Colors Limited	432	366.45	12.5	1.59	12.8%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-2.6%

6 months+39.7%

1 year+27.0%

3Y CAGR+8.9%

5Y CAGR+2.5%

10Y CAGR+3.6%

50-day avg₹373.84

200-day avg₹285.74

RSI (14)40

FAQs

What is the share price of Asahi Songwon Colors Limited?

Asahi Songwon Colors Limited (ASAHISONG) closed at ₹366.45 on NSE on 06 Nov 2026.

What is the market cap of Asahi Songwon Colors Limited?

₹432 crore at the latest close.

What is the P/E ratio of Asahi Songwon Colors Limited?

12.5, on trailing-twelve-month earnings from its filings.

How fast is Asahi Songwon Colors Limited growing?

Asahi Songwon Colors Limited: revenue has compounded at 2.0% a year over three years. Latest-quarter revenue is up 26.0% year on year, profit up 502.2%.

How profitable is Asahi Songwon Colors Limited?

On a trailing-twelve-month basis return on equity is 12.8%, return on capital employed 14.2%, operating margin 12.4%, net margin 6.0%.

How much debt does Asahi Songwon Colors Limited have?

Asahi Songwon Colors Limited is moderately geared: debt to equity is 0.52 with borrowings of ₹141 cr against cash of ₹2 cr (balance sheet of 2026-03-31). Operating profit covers interest 5.0 times.

Financials parsed from Asahi Songwon Colors Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.