Asahi Songwon Colors Ltd.
Snapshot View

302.60 +10.65 ▲3.7%

20 May 2022, 04:01:00 PM
Volume: 11,493

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Dyes & Pigments Compare with Industry peers
Website http://www.asahisongwon.com
Market Cap 363.94 Cr.
Enterprise Value(EV) 447.23 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 16.10 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 18.80 Trailing Twelve Months Ending 2022-03
Industry PE 13.65 Trailing Twelve Months Ending 2022-03
Book Value / Share 201.47 Trailing Twelve Months Ending 2022-03
Price to Book Value 1.50 Calculated using Price: 302.60
Dividend Yield 0.17 Period Ending 2021-03
No. of Shares Subscribed 1.20 Cr. 12,027,262 Shares
FaceValue 10
Company Profile

Asahi Songwon Colors was incorporated in 1990 as privately owned company- Asahi Dyechem. The company was founded by Paru Jaykrishna.

Later in 1996-97, Songwon Colors of South Korea decided to enter into a joint venture with Asahi Dyechem with financial investment and technological collaboration. Thus, company’s name was changed to Asahi Songwon Colors

Asahi Songwon initially established manufacturing facility for pigment green 7 with a capacity of 600 MT. Then, after getting good international market, the capacity has been increased to 1200 mt/annum.

In 2005, Asahi Songwon Colors started manufacturing of CPC Blue Crude 5N with the technology of Clariant Songwon Colors of South Korea.

From existing capacity of 4000 MT/A, very soon company is planning to double the blue crude capacity. The company also intends to diversify in to allied products.

Asahi Songwon Colors' research and development laboratory is located at Asahi Green Plant site, which provides technical service to customers and seeks to develop new products suited to customer needs.

Products manufactured by the company:

  • Pigment Green 7
  • CPC Blue Crude
  • Pigment Alfa Blue 15:0
  • Pigment Alfa Blue 15:1
  • Pigment Beta Blue 15:3

Awards/ recognition:

Company’s pigment facility is located at Mehsana district and its figment blue facility in Vadodara district of Gujarat. Both plants have received ISO 14001:2004 certification.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+3.65%
1 Week
+4.42%
1 Month
-5.10%
3 Month
+16.03%
6 Month
+9.92%
1 Year
-15.87%
2 Year
+208.62%
5 Year
+0.40%
10 Year
+299.74%
3 years 2019-03 2020-03 2021-03
Return on Equity (%) 9.45 11.55 14.89
Return on Capital Employed (%) 12.29 11.23 18.20
Return on Assets (%) 5.92 7.78 9.58

Balance Sheet View Details

Particulars 4 years 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 194 202 228 242
Non Curr. Liab. 38 26 24 43
Curr. Liab. 77 37 91 141
Minority Int. 14 47 42
Equity & Liab. 309 278 389 468
Non Curr. Assets 167 160 227 239
Curr. Assets 142 117 163 228
Misc. Exp. not W/O
Total Assets 309 278 389 468

Profit Loss View Details

Particulars 4 years 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 294 284 283 415
Other Income 0 1 0 1
Total Income 294 284 283 416
Total Expenditure -254 -249 -234 -379
PBIDT 40 35 50 38
Interest -5 -4 -2 -5
Depreciation -8 -8 -9 -12
Taxation -8 0 -12 -6
Exceptional Items 4
PAT 18 23 32 15
Minority Interest 0 5
Share Associate
Other Related Items
Consolidated Net Profit 18 23 32 19
Adjusted EPS 15 19 27 16

Cash Flow View Details

Particulars 3 years 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 27 57 8
Cash Fr. Inv. -3 -16 -60
Cash Fr. Finan. -24 -39 50
Net Change 2 -2
Cash & Cash Eqvt 0 2 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 66.42 66.42 66.58 64.59 66.64 66.64 66.64 66.64 66.64
Public 33.58 33.58 33.42 35.41 33.36 33.36 33.36 33.36 33.36
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 20 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Asahi Songwon Colors Limited has informed the Exchange that earnings conference call on financial performance of Q4FY22 with investors and analysts will be held on Monday May 23 2022 at 4:00 p.m. (IST).
Thu, 19 May 2022
Board Meeting Outcome for Outcome Of Board Meeting
Asahi Songwon Colors Limited has submitted outcome of Board Meeting.
Thu, 19 May 2022
Board recommends Final Dividend & approves Buyback of Equity Shares
Asahi Songwon Colors Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 19 2022 inter alia has approved the following:


1. The Board of Directors of the Company has recommended a Final Dividend of Rs. 0.50 per equity share (5.00%) of face value of Rs. 10 /- per equity shares for the financial year 2021-2022 subject to approval of members of the Company at the ensuing Annual General Meeting (AGM). Final Dividend if approved by the shareholders at the ensuing Annual
General Meeting will be paid within 30 days of the Annual General Meeting date.

2. Buyback of the fully paid up equity shares of the Company of face value Rs. 10 /- each.

Technical Scans View Details

Fri, 20 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
High Decrease 1 Month High Decrease 1 Month
High Increase 3 Months High Increase 3 Months

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