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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:
ASAHIINDIA's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 1.428000 |
|---|---|
| forwardPE | 38.918102 |
| debtToEquity | 55.868000 |
| earningsGrowth | 0.369000 |
| revenueGrowth | 0.148000 |
| grossMargins | 0.548730 |
| operatingMargins | 0.156510 |
| trailingEps | 13.840000 |
| forwardEps | 23.200000 |
Asahi India Glass Limited's current ratio being 1.428 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
ASAHIINDIA's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that ASAHIINDIA will continue to grow its operations, driven by increasing profits and revenue.
ASAHIINDIA's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights ASAHIINDIA's potential for increased earnings and a stronger financial performance in the upcoming year.
Price projections:
ASAHIINDIA's current valuation aligns with projections, revealing no significant risks or opportunities. This stable environment may lead investors to adopt a wait-and-see strategy, monitoring future developments closely.
Insider Transactions:
9 sales of ASAHIINDIA stock were made, with market price at 835.1777818467882 per share.3 separate purchases of ASAHIINDIA stock were made, while market price was at 827.0499877929688 per share.ASAHIINDIA has experienced more selling activity at current price levels, which could suggest a bearish outlook. If the trend of increased selling continues, it may result in further price declines for the stock.
Recommendation changes over time:
With analysts showing a buy bias for ASAHIINDIA, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning ASAHIINDIA as a safe and profitable place for investors to allocate their funds and seek growth.
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