Asahi India Glass Ltd Share Price

Glass - Sheet / Float

NSE: ASAHIINDIA Small Cap ISIN: INE439A01020
As on 27 December 2024 at 04:52 IST
As on 27 December 2024 at 04:52 IST
747.20
+ 0.85
(0.11%)
Over 1 Month
12.59%
Over 6 Months
9.15%
Over 1 Year
34.57%
Over 3 Years
61.49%

Asahi India Glass Ltd Summary

Close 747.20
Open 747
High 752
Low 734.20
Volume 51,348
Net Turnover (in ₹) 3,81,77,901.70
52 Week High 833.95
52 Week Low 501.55
52Wk High / Low
501.55
833.95

Asahi India Glass Ltd Key Financial Data

Market Cap (in ₹ Cr) 18,164.43
EPS (TTM) 12.90
Book Value (BV) 104.15
Div. Yield 0.27
P/E (TTM) 57.95
Price/Book Value 7.18
Delivery % 40.11
Face Value 1

Asahi India Glass Ltd Key Ratios

P/E ratio 38.78
P/B ratio 5.39
EV to Sales 3.56
PEG Ratio -4.41
ROA 7.73
ROE 14.78
Debt-Equity 0.72
Net Profit Margin 8.09
Operating Profit Margin 18.07

Asahi India Glass Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Asahi India Glass Ltd ₹747.50 ₹18,171.73
Borosil Renewables Ltd ₹566.55 ₹7,397.33
Borosil Ltd ₹406.60 ₹4,857.59
La Opala RG Ltd ₹321.35 ₹3,566.99
Borosil Scientific Ltd ₹164.50 ₹1,462.36
Saint-Gobain Sekurit India Ltd ₹127.70 ₹1,163.47

Asahi India Glass Ltd News

Asahi India Glass schedules board meeting

On 29 October 2024

23 Oct 2024

Volumes soar at Asahi India Glass Ltd counter

Asahi India Glass Ltd clocked volume of 43.26 lakh shares by 14:14 IST on NSE, a 20.54 times surge over two-week average daily volume of 2.11 lakh shares

20 Sep 2024

Asahi India Glass announces cessation of director

On 05 August 2024

05 Aug 2024

Board of Asahi India Glass approves change in directorate

At meeting held on 31 July 2024

31 Jul 2024

Asahi India Glass to table results

On 31 July 2024

25 Jul 2024

Asahi India Glass Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue4,177.263,939.843,133.742,420.412,614.70
Total Expenses3,723.463,364.742,614.752,202.432,430.54
Profit Before Tax453.80575.10518.99217.98184.16
Profit After Tax335.53367.82347.62138.84159.91
Operating Profit after Depreciation584.41676.17636.56356.43328.09

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets2,382.652,256.082,262.672,161.021,971.48
Total Non Current Assets3,663.582,688.582,454.202,511.842,592.54
Total Current Assets1,853.121,919.531,373.541,264.381,274.84
TOTAL ASSETS5,516.704,608.113,827.743,776.223,867.38
Total Shareholder's Fund2,413.482,127.011,812.041,486.531,343.23

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities656.37377.09565.99517.33292.24
Net Cash used in Investing Activities-979.46-294.01-77.52-83.04-194.46
Net Cash used in Financing Activities344-55.14-460.41-390.69-104.86

Asahi India Glass Ltd Corporate Actions

Asahi India Glass Ltd

₹2/Share

Announcement Date 28 Aug 2024
Record Date 29 Aug 2024
Div Yield 200%

About Asahi India Glass Ltd

Asahi India Glass Ltd (AIS) is the leading integrated glass solutions company in India. The company specializes in manufacturing and supplying high-quality glass products. These products cater to various applications, including the automotive and consumer segments. AIS is renowned for its innovative glass solutions, blending aesthetics with functionality seamlessly. These solutions cater to the needs of both commercial and residential projects. It ensures high performance and visual appeal.

AIS operates within the glass and glass products sector. It specifically focuses on automotive and architectural glass. The company has established itself as a dominant player in these segments. It provides high-quality glass solutions that meet international standards. Founded in 1984, Asahi India Glass Ltd has been in business for many decades. This long-standing presence in the industry highlights the company’s stability. It reflects their experience in delivering reliable glass products and solutions.

The headquarters of AIS is located in New Delhi, India. This central location enables the company to manage its operations and logistics efficiently. It ensures timely delivery of products to its customers across the country and beyond. The promoters of AIS include Asahi Glass Co., Ltd, with a 22.21% stake in the company. A team of professional managerial promoters manages the operations of the company-
  • Sanjay Labroo
  • Shradha Suri
  • Satoshi Ishizuka
  • Yoji Taguchi
  • Gurvirendra Singh Talwar

AIS's main products include automotive safety, float, and architectural processed glass. Additionally, it offers a range of consumer glass products. These products are essential for various applications, such as vehicle windshields and building facades. They also include interior glass solutions.

In the Indian passenger car glass segment, AIS holds a significant market share, making it a leading player. The company also has a notable presence in the architectural glass segment, further solidifying its position in the industry. The registered office of Asahi India Glass Ltd is in New Delhi, Delhi, and the registrar's office is in Mumbai, Maharashtra.

Importance of Asahi India Glass Limited

Asahi India Glass Ltd (AIS) plays a crucial role in the glass industry in India and globally. The company’s importance stems from its extensive product range and significant market presence. AIS has established itself as a leader in the glass sector, providing high-quality products that cater to various industries, including automotive and consumer segments.

AIS’s contribution to the automotive industry is particularly noteworthy. The company supplies various automotive glass products, including side and rear windows. These products are essential for vehicle safety and comfort. AIS’s automotive glass is known for its durability and safety features. This makes it a preferred choice for many automobile manufacturers. The company’s ability to meet the stringent quality standards of the automotive industry underscores its importance in this sector.

In the architectural segment, AIS offers a diverse range of glass solutions. These solutions enhance the aesthetics and functionality of buildings. The company’s architectural glass products include float glass, tempered glass, laminated glass, and insulated glass units. These products are used in various applications, such as building facades and interior partitions. AIS’s architectural glass solutions are designed to provide energy efficiency and safety. This contributes to the overall sustainability and performance of buildings.

AIS’s commitment to innovation is another critical factor that highlights its importance. The company invests heavily in research and development to create new, improved glass products. This focus on innovation enables AIS to stay ahead of industry trends and meet the evolving needs of its customers. For instance, AIS has developed advanced glass solutions that offer enhanced thermal insulation, UV protection, and energy efficiency. These innovations improve the performance of the glass and contribute to environmental sustainability.

The company’s extensive distribution network further enhances its importance. AIS has a well-established supply chain that ensures the timely delivery of its products to customers across India and beyond. The company’s distribution network includes many dealers and service centres. This provides comprehensive support to its customers. This robust distribution network enables AIS to maintain a strong market presence and meet the demands of its diverse customer base.

AIS’s role in promoting sustainability is also significant. The company is committed to reducing its environmental impact through sustainable practices. This includes using energy-efficient manufacturing processes and developing eco-friendly products. AIS’s focus on sustainability helps protect the environment and enhances its reputation as a responsible corporate citizen. The company’s sustainable practices align with global environmental standards. This highlights its importance in the industry.

The company’s financial performance and market position also underscore its importance. AIS is one of the largest glass manufacturers in India, with a significant market share in both the automotive and architectural segments. The company’s strong financial performance reflects its ability to generate consistent revenue. It also indicates profit growth.

AIS’s importance is also evident in its contribution to the economy. The company employs thousands of people. This supports the livelihoods of many families. The company’s commitment to corporate social responsibility further enhances its importance. AIS supports various social initiatives, including education and community development, positively impacting society.

Asahi India Glass Ltd Stock Analysis

  1. Annual revenue for Asahi India Glass Ltd increased by 6.03% to ₹4,177.26 crore in FY 2024 from ₹3,939.84 crore in FY 2023.
  2. Annual Net Profit for Asahi India Glass Ltd decreased by 8.78% to ₹335.53 crore in FY 2024 from ₹367.82 crore in FY 2023.
  3. Promoter Shareholding in Asahi India Glass Ltd remains unchanged by 0.00% in the most recent quarter, from 54.23% in June 2024 to 54.23% in September 2024.
  4. Asahi India Glass Ltd delivered a 1-year return of 34.57% compared to the Nifty 50, which provided a return of 10.77% as of the last trading session.
  5. Asahi India Glass Ltd share price moved up by 0.11% from its previous close of INR ₹746.35. The latest Asahi India Glass Ltd share price is INR ₹747.20.
  6. Asahi India Glass Ltd share price today has been at a low of 734.20 and a high of 752. Over the past 52 weeks, the Asahi India Glass Ltd share price has seen a low of 501.55 and a high of 833.95.

FAQ’s

What is the share price of Asahi India Glass Ltd today?

Asahi India Glass Ltd share price as on 26 Dec 2024 is ₹ 747.2

What is the Market Cap of Asahi India Glass Ltd?

The market cap of Asahi India Glass Ltd stock is ₹18,164.43 Cr.

What is the PE Ratio of Asahi India Glass Ltd?

The Price to Earnings (P/E) Ratio of Asahi India Glass Ltd is 38.78

What is the PB Ratio of Asahi India Glass Ltd?

The Price to Book (P/B) Ratio of Asahi India Glass Ltd is 5.39

What is the 52 week high of Asahi India Glass Ltd Share Price?

The 52 week high of Asahi India Glass Ltd share price stands at ₹833.95

What is the 52 week low of Asahi India Glass Ltd Share Price?

The 52 week low of Asahi India Glass Ltd share price stands at ₹501.55

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