Asgard Alcobev share price & results
- Jun 2026
- Sept 2026
Nashik-based manufacturer of Natural and Golden Kraft/craft paper (100-200 GSM) used in packaging, food-grade and corrugated-box applications
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 0.00 | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Operating margin | 9.7 | +2.3 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 0.12 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 7.80 | −17.1 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 3.96 | +39.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 68.30 | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −31.3% 1Y
1Y: ₹41.93 on 24 Oct 2025 → ₹28.81. High ₹57.89 (16 Dec 2025), low ₹28.79 (26 Oct 2026).
- Previous close
- ₹28.79
- Market cap
- ₹522 Cr
- 52-week range
- ₹28.79 – ₹57.89
- One year
- −29.20%
- Price to earnings (TTM to Jun 2026)
- 219.33×
- Return on equity (TTM to Jun 2026)
- 7.80%
Overview
- Symbol
- NSE:ASGARD
- Sector
- Services
- Exchange
- NSE
- Currency
- INR
What ASGARD ALCOBEV LIMITED does
Based on the company's own presentations, annual report and earnings calls.
Banganga Paper Industries manufactures kraft and craft paper through its subsidiary Banganga Paper Mills, which runs a single facility at Dindori, Nashik (Maharashtra). Waste/recycled paper is reprocessed into corrugated and craft paper across a 100-200 GSM range, sold via vendors as paper bags, cones, boards, corrugated boxes and food-grade packaging for fruits, vegetables and other food items. Its two flagship grades, Natural Kraft and Golden Kraft, are produced on a twin-layer paper line. The company (formerly Inertia Steel Limited) changed its principal business activity from merchant/agent operations to paper manufacturing during the period, becoming the paper business's holding company after acquiring Banganga Paper Mills in June 2024.
Segments
- Kraft/Craft paper manufacturing
- Manufacturing plants
- 1 (Dindori, Nashik, Maharashtra)
- Annual manufacturing capacity
- 36,000 MT/year of kraft/craft paper
- Manufacturing facility area
- 10,000+ sq. mt
- Capacity utilization
- 70-75%
- Kraft paper produced (FY24)
- 26,000 MT
- Product GSM range
- 100-200 GSM (twin-layer)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 3 fiscal years held (Mar 2024 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +500% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Operating margin | 6.6% | 7.8% | 9.8% | 7.4% | 3.7% | 5.7% | 9.1% | 9.7% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0 | -0 | -0 | -0 | -0 | -0 | 1 | 0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 20.2% | 20.0% |
| Net profit | -0 | -0 | -0 | -0 | -0 | -0 | 1 | 0 |
| EPS (₹ per share) | -0.01 | 0 | 0 | 0 | 0 | -0.01 | 0.06 | 0 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 0 | 0 | 0 |
| Expenses | 0 | 0 | 1 |
| Operating profit | -0 | -0 | -1 |
| Other income | 0 | 0 | 1 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | -0 | -0 | 1 |
| Net profit | -0 | -0 | 1 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 12 | 12 | 31 |
| Reserves | -0 | 0 | 0 | 2 | 4 | 12 |
| Borrowings | 0 | 0 | 0 | 0 | 8 | 0 |
| Other liabilities | 0 | 0 | 0 | 0 | 15 | 0 |
| Total liabilities | 0 | 0 | 1 | 14 | 39 | 44 |
| Fixed assets | 0 | 0 | 0 | 0 | 17 | 0 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 10 | 1 | 22 |
| Other assets | 0 | 0 | 1 | 4 | 21 | 22 |
| Total assets | 0 | 0 | 1 | 14 | 39 | 44 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Cash from operations | -0 | -0 | -1 |
| Cash from investing | 0 | -10 | 11 |
| Cash from financing | 0 | 10 | -10 |
| Net cash flow | -0 | 0 | -0 |
| Free cash flow | -0 | -0 | -1 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 114 | 30 | 114 | 168 | -6570 | 0 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash conversion cycle | 114 | 30 | 114 | 168 | -6570 | 0 |
| Working capital days | 103 | 20 | 160 | 253 | 147460 | 11680 |
| Return on capital employed | 0.0% | −30.0% | 76.6% | −6.9% | −2.2% | −1.0% |
| Dividend payout | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 59.95% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 59.95%
- Domestic institutions 0.00%
- Public 40.04%
Who is on the register
Named in the Sep 2026 filing
Every holder of ASGARD ALCOBEV LIMITED above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 38.19% | unchanged | |
| 10.32% | unchanged | |
| 9.55% | unchanged | |
| 6.64% | unchanged | |
| 6.57% | unchanged | |
| 5.32% | unchanged | |
| 4.87% | unchanged | |
| 4.81% | unchanged | |
| 2.56% | unchanged | |
| 1.77% | unchanged | |
| 1.69% | unchanged | |
| 1.15% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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