Ashima share price & results
- Jun 2026
- Sept 2026
Ahmedabad-based real estate developer and value-investing portfolio manager, formerly a cotton textile maker whose textile operations were closed in FY25.
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 | 7.7 | +217.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 33.2 | +42.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.3 | 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 | -0.64 | −1.5 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | −152.2 pts | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | 81.14 | +108.9 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −37.9% 1Y
1Y: ₹22.02 on 24 Oct 2025 → ₹13.68. High ₹22.17 (29 Oct 2025), low ₹11.78 (30 Mar 2026).
- Previous close
- ₹13
- Market cap
- ₹262 Cr
- 52-week range
- ₹11.78 – ₹22.17
- One year
- −38.02%
- Return on equity (TTM to Jun 2026)
- -0.64%
Overview
- Symbol
- NSE:ASHIMASYN
- Sector
- Textiles
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Ashima does
Based on the company's own presentations, annual report and earnings calls.
Ashima Limited, incorporated in 1982 and headquartered in Ahmedabad, now runs two business divisions: a Real Estate division developing residential projects in Ahmedabad, and an Investment (Treasury) division that invests the company's capital in listed equities under a long-term value-investing approach. The Investment portfolio is managed through the company's wholly owned subsidiary, Ashima Capital Management Limited (ACML), a SEBI-registered Portfolio Manager. The company closed its cotton textile manufacturing operations during FY2024-25, which are now reported as discontinued operations.
Segments
- Real Estate
- Investment / Treasury
- Textiles (discontinued)
- Ongoing real estate projects
- 2 (Swan Lake plotted development; The Sovereign high-rise apartments)
- The Sovereign construction progress
- 3rd floor slab casting completed, 4th floor underway (as of FY25)
- Investment/PMS subsidiary
- Ashima Capital Management Limited, SEBI-registered Portfolio Manager (incorporated May 2024)
- Active business divisions
- 2 (Real Estate, Investment) after discontinuing cotton textile operations in FY25
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2020 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +147% (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 | 5 | 2 | 1 | 2 | 4 | 0 | 6 | 8 |
| Expenses | 2 | 6 | 2 | 3 | 6 | 3 | 10 | 5 |
| Operating profit | 3 | -4 | -1 | -0 | -2 | -2 | -3 | 3 |
| Operating margin | 65.2% | −174.2% | −147.3% | −9.4% | −67.8% | −592.3% | −51.0% | 33.2% |
| Other income | -13 | -6 | 6 | -1 | -4 | 2 | -3 | 1 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -12 | -12 | 3 | -3 | -8 | -3 | -9 | 1 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −20.8% | −9.9% |
| Net profit | -12 | -12 | 3 | -3 | -8 | -3 | -7 | 1 |
| EPS (₹ per share) | -0.62 | -0.60 | 0.17 | -0.15 | -0.44 | -0.16 | -0.39 | 0.07 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 207 | 142 | 16 | 13 |
| Expenses | 212 | 71 | 12 | 21 |
| Operating profit | -5 | 70 | 4 | -8 |
| Other income | 5 | 32 | -16 | -6 |
| Interest | 2 | 4 | 7 | 9 |
| Depreciation | 4 | 2 | 1 | 0 |
| Profit before tax | -7 | 96 | -19 | -24 |
| Net profit | -7 | 96 | -19 | -22 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 192 | 192 | 192 | 192 | 192 | 192 |
| Reserves | 36 | 29 | 125 | 107 | 96 | 84 |
| Borrowings | 18 | 33 | 124 | 122 | 168 | 164 |
| Other liabilities | 73 | 67 | 92 | 82 | 114 | 116 |
| Total liabilities | 319 | 320 | 533 | 502 | 569 | 556 |
| Fixed assets | 117 | 134 | 131 | 47 | 46 | 42 |
| Capital work in progress | 8 | 4 | 7 | 0 | 0 | 0 |
| Investments | 13 | 15 | 31 | 37 | 143 | 143 |
| Other assets | 181 | 167 | 364 | 419 | 380 | 371 |
| Total assets | 319 | 320 | 533 | 502 | 569 | 556 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -8 | -26 | -24 | -39 | -19 | -41 |
| Cash from investing | -7 | 37 | 16 | -3 | 23 | -42 |
| Cash from financing | 13 | -6 | 13 | 86 | -10 | 34 |
| Net cash flow | -2 | 6 | 5 | 44 | -6 | -49 |
| Free cash flow | 2 | -13 | -21 | -43 | -20 | -36 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 50 | 39 | 26 | 152 | 135 | 56 |
| Inventory days | 246 | 236 | 275 | — | — | — |
| Days payable | 172 | 146 | 119 | — | — | — |
| Cash conversion cycle | 124 | 128 | 182 | 152 | 135 | 56 |
| Working capital days | 100 | 121 | 116 | 599 | 6704 | 6389 |
| Return on capital employed | 3.0% | −3.0% | −3.0% | 21.0% | 2.0% | 0.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Investment contributes 61.9% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Investment 61.9%
₹5.16 crore
- Real Estate 31.0%
₹2.58 crore
- Investment Management & Advisory Services 7.1%
₹0.59 crore
- Others 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Investment | 5.16 | 61.9% |
| Real Estate | 2.58 | 31.0% |
| Investment Management & Advisory Services | 0.59 | 7.1% |
| Others | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹8.33 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹8.33 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Investment grew from 4% to 62% of revenue over the last two years.
| Segment | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Investment | 4% | 85% | 100% | 90% | 88% | 91% | 10% | 62% | +111.5% |
| Real Estate | 6% | 15% | 0% | 0% | 0% | 0% | 83% | 31% | — |
| Investment Management & Advisory Services | — | — | — | — | — | — | 8% | 7% | — |
| Others | 0% | 0% | 0% | — | 0% | 0% | 0% | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 73.48% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 73.48%
- Foreign institutions 0.14%
- Domestic institutions 0.00%
- Public 26.38%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +29.99 pp 30.04% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Ashima above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 30.04% | +29.99 pp | |
| 28.34% | −29.99 pp | |
| 5.00% | unchanged | |
| 5.00% | unchanged | |
| 5.00% | unchanged | |
| 0.10% | unchanged | |
| 0.02% | 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.
Your own record
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