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Fundamentals for Asahi India Glass Limited
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Fundamentals for Asahi India Glass Limited
*ASAHIINDIA makes the list of companies with the worst technicals at present.
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Asahi India Glass Limited, an integrated glass and windows solutions company, manufactures and supplies various glass products in India and internationally. It operates in two segments, Automotive Glass and Float Glass. The company offers various automotive glass products, including IR cut and acoustic, antenna printed, heated windscreens, head up displays, and windscreens with rain sensor and ADAS; dark green UV cut, solar control, privacy, water repellent, encapsulated glasses, plug in windows, sliding windows for buses and trucks, IGU for metro and railways, and thinner and laminated sidelites; backlites with defogger, privacy and solar control glasses, and antenna printed backlites; and fixed laminated, tilt and slide, panoramic, bullet resistant glasses, and metro sunroofs, as well as refrigerator shelf and door glasses, and washing machine-flats/bends. It also provides a range of architectural glass products, such as clear float, heat absorbing, solar control, patterned reflective, sunshield, patterned sunshield, ecosense-energy efficient, impact resistance, burglar resistant, noise cancelling, valuglas, securityplus, insulated-glazed, heat-strengthened, swytchglas-electrochromatic, integrated blinds, pyrobel-fire resistant, and energy-efficient reflective glasses, as well as uPVC and aluminum windows. In addition, the company offers designer glasses, including frosted, mesh and colored laminated, fabric laminated, printed, and acid etched glasses, as well as distortion-free mirrors, ceramic frit, disegno, and back painted glasses in vibrant colors for interiors; and glass, window, and door solutions. Further, it provides car glass repair and replacement services. Asahi India Glass Limited was incorporated in 1984 and is based in Gurugram, India.
Revenue projections:
Revenues for Asahi India Glass Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 49.91579 |
| debtToEquity | 77.14400 |
| earningsGrowth | -0.10100 |
| revenueGrowth | 0.11700 |
| grossMargins | 0.64972 |
| operatingMargins | 0.14148 |
| trailingEps | 12.14000 |
| forwardEps | 19.00000 |
ASAHIINDIA's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
ASAHIINDIA's negative gross and operating margins suggest the company is not generating profit from either its production process or day-to-day operations. This could signal cost overruns or difficulties in maintaining revenue levels.
With a forward EPS greater than its trailing EPS, ASAHIINDIA is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
The price of Asahi India Glass Limited currently does not indicate any clear risks or opportunities when compared to projections. This balanced stance suggests that investors may prefer to hold off on major decisions until new information arises.
Insider Transactions:
9 sales of ASAHIINDIA stock were made, with market price at 835.1777818467882 per share.Asahi India Glass Limited had 4 buy transactions, with market price of 798.7874908447266.More sells than buys at ASAHIINDIA's current price levels suggest a potential downside. If this selling trend persists, it could trigger further price declines, as increased selling often reflects investor pessimism about the stock's future prospects.
Recommendation changes over time:
Analysts' buy bias toward ASAHIINDIA suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, ASAHIINDIA is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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