Ashnisha Industries Limited

About

Ashnisha Industries Limited engages in the trading of software, electronic, and IT products. It operates through four segments: Steel; Trading of Software, Electronic and IT Product; Trading of Goods; and Others. The company also engages in the investment business. The company was formerly known as Ashnisha Alloys Limited and changed its name to Ashnisha Industries Limited in March 2017. The company was incorporated in 2009 and is based in Ahmedabad, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	1.33	5.51	2.59	0.08	0.35	1.04	0.69	0.69	0.42	0.10	1.06	2.04	2.18
Expenses	1.36	5.49	2.62	0.02	0.51	1.09	0.68	0.71	0.45	0.10	0.82	1.76	1.88
Operating Profit	-0.03	0.02	-0.03	0.06	-0.16	-0.05	0.01	-0.02	-0.03	0.00	0.24	0.28	0.30
OPM %	-2.26	0.36	-1.16	75.00	-45.71	-4.81	1.45	-2.90	-7.14	0.00	22.64	13.73	13.76
Other Income	0.05	0.02	0.08	0.00	0.22	0.14	0.00	0.05	0.07	0.08	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.02	0.04	0.05	0.06	0.06	0.09	0.01	0.03	0.04	0.08	0.24	0.28	0.30
Tax %	0.00	125.00	0.00	0.00	0.00	33.33	0.00	33.33	0.00	25.00	4.17	21.43	0.00
Net Profit	0.02	-0.01	0.05	0.06	0.06	0.06	0.01	0.02	0.04	0.06	0.23	0.22	0.30
EPS in Rs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	8.44	2.83	5.27	6.53	0.00	0.00	2.15	2.68	11.81	0.54	1.41	0.00
Expenses	8.63	2.92	4.50	6.39	0.63	0.08	2.17	2.71	11.82	0.55	1.41	0.00
Operating Profit	-0.19	-0.09	0.77	0.14	-0.63	-0.08	-0.02	-0.03	-0.01	-0.01	0.00	0.00
OPM %	-2.25	-3.18	14.61	2.14	—	—	-0.93	-1.12	-0.08	-1.85	0.00	—
Other Income	0.40	0.26	0.08	0.66	0.50	0.00	0.00	0.00	-0.64	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.00	0.00	0.00
Profit before tax	0.21	0.17	0.85	0.80	-0.13	-0.09	-0.03	-0.04	-0.66	-0.01	0.00	0.00
Tax %	23.81	23.53	22.35	16.25	0.00	0.00	0.00	0.00	0.00	0.00	—	—
Net Profit	0.16	0.12	0.65	0.67	-0.14	-0.09	-0.03	-0.04	-0.66	-0.01	0.00	0.00
EPS in Rs	0.01	0.00	0.02	0.03	-0.02	-0.01	0.00	-0.01	-0.08	—	—	—
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	26.51	10.10	10.10	9.90	3.02	3.02	3.02	3.02	3.02	0.05	0.01	0.01
Reserves	50.06	17.50	17.37	13.52	8.86	9.00	9.09	9.12	9.16	-0.02	-0.01	-0.01
Borrowings	2.96	4.14	3.77	1.69	1.74	1.74	1.69	1.61	1.67	2.12	2.11	1.86
Other Liabilities	2.67	1.96	2.42	8.20	1.34	1.32	2.13	1.97	1.54	0.31	1.48	0.00
Total Liabilities	82.20	33.70	33.66	33.31	14.96	15.08	15.93	15.72	15.39	2.46	3.59	1.86
Fixed Assets	0.03	0.02	0.02	0.02	0.02	0.03	0.04	0.05	0.05	0.00	0.00	0.00
CWIP	7.32	0.34	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	3.61	5.67	6.44	3.44	3.44	4.22	4.22	4.22	2.17	2.09	1.84	1.84
Other Assets	71.24	27.67	27.20	29.85	11.50	10.83	11.67	11.45	13.17	0.37	1.75	0.02
Total Assets	82.20	33.70	33.66	33.31	14.96	15.08	15.93	15.72	15.39	2.46	3.59	1.86

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-35.49	-0.77	-2.51	-10.68	-1.55	0.25	-0.30	2.37	-11.57	-0.04	0.00	0.00
Cash from Investing Activity	-4.93	0.42	-3.00	0.00	1.28	0.00	0.00	-2.06	-0.77	-0.25	0.00	0.00
Cash from Financing Activity	47.52	0.38	5.48	10.87	0.00	0.00	0.21	-0.23	12.36	0.05	0.00	0.00
Net Cash Flow	7.10	0.03	-0.03	0.19	-0.26	0.25	-0.09	0.09	0.02	-0.24	0.00	0.00
Free Cash Flow	-42.48	-1.11	-2.51	-10.68	-1.55	0.25	-0.30	2.36	-11.63	-0.04	0.00	0.00
CFO/OP %	18,653.00	811.00	-301.00	-7,536.00	246.00	-312.00	1,500.00	-7,900.00	115,700.00	400.00	—	—

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	526.31	957.00	590.79	618.77	—	—	1,492.26	1,141.31	309.68	202.78	383.12	—
Inventory Days	0.00	0.00	21.52	0.00	—	—	0.00	0.00	0.00	0.00	0.00	—
Days Payable	—	—	160.53	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	526.31	957.00	451.78	618.77	—	—	1,492.26	1,141.31	309.68	202.78	383.12	—
Working Capital Days	2,643.22	3,286.29	1,703.10	1,197.29	—	—	1,609.40	1,252.99	358.51	27.04	-541.03	—
ROCE %	0.38	0.54	3.02	4.13	-4.60	-0.65	-0.22	-0.29	-0.25	-0.47	0.00	0.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	6.61	6.61	6.61	17.35	17.35	17.35	17.35	17.35	17.35	17.35	26.57	27.11
Public	93.38	93.39	93.39	82.64	82.64	82.65	82.65	82.64	82.64	82.65	73.42	72.89
No. of Shareholders	78,583	63,914	63,899	63,034	64,468	65,928	66,863	68,634	73,749	78,195	63,369	46,642