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Asahi India Glass Ltd

NSE: ASAHIINDIA BSE: 515030

₹881.50

(0.05%)

Sun, 14 Jun 2026, 02:23 pm

MTF 5xInvest in Asahi India Glass Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)22371.13

PE Ratio64.65

Dividend0.23

Consumer Durables

Home Furnishings

24.5K

Asahi India Glass Analysis

dividend

Pros

Dividends paid are well covered by earnings (6x coverage).
Dividends after 3 years are expected to be well covered by earnings (6.4x coverage).

Cons

Dividend payments have increased, but Asahi India Glass only paid a dividend in the past 4 years.
Asahi India Glass has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Asahi India Glass's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
Asahi India Glass's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

Pros

Asahi India Glass's earnings are expected to grow significantly at over 20% yearly.
Asahi India Glass's earnings growth is expected to exceed the India market average.
Asahi India Glass's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Asahi India Glass's earnings are expected to exceed the low risk growth rate next year.
Performance (ROE) is expected to be above the current IN Auto Components industry average.
An improvement in Asahi India Glass's performance (ROE) is expected over the next 3 years.

Cons

Cash flow for Asahi India Glass is expected to increase but not above the 50% threshold in 2 years time.
Asahi India Glass is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).

health

Pros

Asahi India Glass is profitable, therefore cash runway is not a concern.
Asahi India Glass is profitable, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (29.6%, greater than 20% of total debt).
Asahi India Glass's cash and other short term assets cover its long term commitments.
The level of debt compared to net worth has been reduced over the past 5 years (440.9% vs 115.7% today).

Cons

Asahi India Glass's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Debt is not covered by short term assets, assets are 0.8x debt.
Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
Asahi India Glass's level of debt (115.7%) compared to net worth is high (greater than 40%).
High level of physical assets or inventory.

management

Pros

The tenure for the Asahi India Glass board of directors is about average.
Sanjay's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

Sanjay's remuneration is higher than average for companies of similar size in India.

misc

Pros

Cons

Asahi India Glass is covered by less than 3 analysts.
Asahi India Glass has significant price volatility in the past 3 months.

past

Pros

Asahi India Glass has delivered over 20% year on year earnings growth in the past 5 years.
Asahi India Glass used its assets more efficiently than the IN Auto Components industry average last year based on Return on Assets.

Cons

Asahi India Glass's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Asahi India Glass's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Asahi India Glass has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Asahi India Glass's 1-year earnings growth is negative, it can't be compared to the IN Auto Components industry average.

value

Pros

NSEI:ASAHIINDIA is up 9.4% outperforming the market in India which returned 8% over the past month.

Cons

Asahi India Glass's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Asahi India Glass's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Asahi India Glass is overvalued based on assets compared to the IN Auto Components industry average.
Asahi India Glass is overvalued based on earnings compared to the IN Auto Components industry average.
Asahi India Glass is overvalued based on earnings compared to the India market.
ASAHIINDIA underperformed the Auto Components industry which returned -22.4% over the past year.
ASAHIINDIA underperformed the Market in India which returned -14.5% over the past year.
NSEI:ASAHIINDIA is up 9.4% underperforming the Auto Components industry which returned 13.2% over the past month.