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Fundamentals for Asahi India Glass Limited
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:
Asahi India Glass Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 44.05000 |
| debtToEquity | 77.14400 |
| earningsGrowth | -0.10100 |
| revenueGrowth | 0.11700 |
| grossMargins | 0.64972 |
| operatingMargins | 0.14148 |
| trailingEps | 12.13000 |
| forwardEps | 19.00000 |
Asahi India Glass Limited's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
ASAHIINDIA's negative gross and operating margins highlight that the company is incurring losses, unable to generate profit from production or operations. This could be a sign of rising costs or declining revenues, impacting its financial outlook.
ASAHIINDIA's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that ASAHIINDIA's financial performance will improve in the current financial year.
Price projections:
The current price of Asahi India Glass Limited aligns with projections, showing no clear risks or opportunities. This lack of volatility suggests a stable environment for investors, who may wish to hold off on major adjustments until market conditions change.
Insider Transactions:
9 sales of Asahi India Glass Limited stock were made, with market price at 835.1777818467882 per share.Asahi India Glass Limited stock was bought in 4 transactions, while the market price was at 798.7874908447266.The increased selling at ASAHIINDIA's current price levels points to potential future declines. If this selling trend persists, the stock could face more downward pressure, suggesting investor pessimism about its future performance.
Recommendation changes over time:
Analysts have shown a buy bias for Asahi India Glass Limited, marking it as a favorable investment option. This could inspire investors to see Asahi India Glass Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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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