ASHIMASYN · Ashima Ltd · Textiles - Non Apparel
ASHIMASYN · Ashima Ltd · Textiles - Non Apparel
As of 05 Nov close
52-week range
36.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹8 Cr
Revenue YoY
PAT YoY
+176.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.2
P/S (TTM)
15.9
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ASHIMASYN (this stock) | Not meaningful (earnings negative over the last 12 months) | 1.2 | -79.3% | -5.7% | 0.59 | 0.0% |
| Arvind | 37.1 | 3.9 | +4.2% | +10.2% | 0.41 | +0.8% |
| Trident | 33.5 | 2.5 | +5.8% | +8.3% | 0.38 | +2.1% |
| Garware Technical Fibres | 35.8 | 5.6 | +13.9% | +16.4% | 1.51 | +1.1% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedAshima Limited reported a loss of ₹2164 lacs for FY2025-26, a decline from the previous year's loss of ₹1888 lacs. The company's consolidated financials show a loss of ₹2030 lacs, reflecting the impact of its wholly-owned subsidiary, Ashima Capital Management Limited. The company faces significant contingent liabilities, including disputes over income tax, central excise duty, sales tax/VAT, employees' state insurance, and others, totaling ₹1906 lacs. These disputes are pending in various forums, and the company has filed appeals with stay orders. The auditor noted key audit matters related to revenue recognition and valuation of work-in-progress inventory, highlighting significant management judgment and estimation. The company has no material defaults or regulatory actions impacting its going concern status, but the financial performance indicates ongoing challenges.
- Reported a loss of ₹2164 lacs for FY2025-26, worse than the previous year's loss of ₹1888 lacs.
- Consolidated financials show a loss of ₹2030 lacs, including the impact of its subsidiary Ashima Capital Management Limited.
- Significant contingent liabilities totaling ₹1906 lacs, including disputes over income tax, central excise duty, sales tax/VAT, and employees' state insurance, pending in various forums.
- Key audit matters include revenue recognition and valuation of work-in-progress inventory, requiring significant management judgment.
Key takeaway: Ashima Limited faces significant financial challenges, including losses and substantial disputed contingent liabilities, which may impact its operational and financial stability.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceRecent (last 12 months)
The company has undisputed statutory dues pending for more than six months as of March 31, 2026, including income tax, sales tax, and customs duties, with amounts ranging from 0.87 to 1,906.01 crore, and disputes are pending before various authorities.
Routine disclosures
Contingent Liability
5 occurrencesRecent (last 12 months)
Ashima Limited has a contingent liability of ₹1906 lacs related to a disputed Sales Tax demand from authorities, including ₹748 lacs tax, ₹620 lacs penalty, and ₹539 lacs interest. The company has filed appeals and obtained stay orders against these notices.
Earlier (1-3 years ago)
Contingent liabilities include claims against the company not acknowledged as debt, such as income-tax, central excise duty, sales-tax/VAT, employees’ state insurance dues, and others, as of March 31.
The company has a contingent liability of ₹1906 lacs related to disputed Sales Tax demands, penalties, and interest from the authorities, with appeals filed against the notices.
Older (3+ years ago)
The company has provisions recognized for obligations arising from past events, where outflow of resources is probable and reliable estimates can be made.
The company has a contingent liability of ₹1906 lacs related to a Sales Tax demand, including ₹748 lacs tax, ₹620 lacs penalty, and ₹539 lacs interest, for which the company disputes the demand and has filed appeals with stay orders.
Related-Party Transaction
3 occurrencesEarlier (1-3 years ago)
Ashima Limited proposes to enter into related party transactions that are expected to exceed the materiality threshold of ₹1,000 crores or 10% of annual consolidated turnover, whichever is lower, requiring member approval via an ordinary resolution.
Older (3+ years ago)
The company seeks approval for a Material Related Party Transaction with Subahu Enterprises LLP, a related party as defined under Section 2(76) of the Companies Act, 2013.
ASHIMA LIMITED has disclosed related party transactions with associates and key management personnel, including Shardul Garments Private Limited and relatives of the Chairman & Managing Director, with details of transactions such as loan repayments.
Statutory dues in dispute
2 occurrencesEarlier (1-3 years ago)
As of March 31, 2025, Ashima Limited has statutory dues disputes pending with various authorities, including income tax, sales tax, VAT, ESI, customs, and excise duty, with amounts ranging from 0.87 to 2,657.70 lakh, and disputes dating back to fiscal years as early as 1994-95.
The company has statutory dues disputes pending with various authorities, including income tax, sales tax, and excise duty, with amounts ranging up to 1,906.01 lacs, and disputes are pending in forums such as the Commissioner of Income-tax (Appeals) and Gujarat High Court.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.16% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).