Skip to content

    Ashima

    Ahmedabad-based real estate developer and value-investing portfolio manager, formerly a cotton textile maker whose textile operations were closed in FY25.

    Textiles
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹323 Cr

    Sector

    Textiles

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital53192192192192192192192
    Reserves311936291251079684
    Borrowings25231833124122168164
    Other Liabilities1893773679282114116
    Total Liabilities298270319320533502569556
    AssetsFixed Assets139134117134131474642
    CWIP11847000
    Investments16313153137143143
    Other Assets142132181167364419380371
    Total Assets298270319320533502569556

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-264-8-26-24-39-19-41
    Cash from Investing5513-73716-323-42
    Cash from Financing-24-2013-61386-1034
    SummaryCapital Expenditure
    Free Cash Flow30182-13-21-43-20-36
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    ASHIMASYN · CAPITAL_INTENSIVE

    Learn to analyse Ashima

    Guides on how to read this kind of business and the numbers that matter.