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Ashapuri Gold Ornament Ltd

NSE: BSE: 542579

3.17

(-13.62%)

Thu, 02 Apr 2026, 03:03 am

Ashapuri Gold Ornament Analysis

dividend

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Pros

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    Cons

    • Unable to evaluate Ashapuri Gold Ornament's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
    • Unable to evaluate Ashapuri Gold Ornament's dividend against the top 25% market benchmark as the company has not reported any payouts.

    health

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    Pros

    • Ashapuri Gold Ornament is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
    • Ashapuri Gold Ornament is profitable, therefore cash runway is not a concern.
    • Ashapuri Gold Ornament is profitable, therefore cash runway is not a concern.
    • Debt is covered by short term assets, assets are 120.2x debt.
    • Ashapuri Gold Ornament's cash and other short term assets cover its long term commitments.
    • Ashapuri Gold Ornament's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
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    Cons

    • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
    • High level of physical assets or inventory.

    management

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    Pros

    • Saremalbhai's remuneration is lower than average for companies of similar size in India.
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    Cons

    • The average tenure for the Ashapuri Gold Ornament board of directors is less than 3 years, this suggests a new board.
    • The average tenure for the Ashapuri Gold Ornament management team is less than 2 years, this suggests a new team.

    misc

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    Pros

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      Cons

      • Ashapuri Gold Ornament is not covered by any analysts.
      • Ashapuri Gold Ornament's last earnings update was 285 days ago.
      • BSE:542579 has not traded for 57 days.

      past

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      Pros

      • Ashapuri Gold Ornament's earnings growth has exceeded the IN Luxury industry average in the past year (422.8% vs 8.3%).
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      Cons

      • Ashapuri Gold Ornament used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
      • Ashapuri Gold Ornament's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • Ashapuri Gold Ornament has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

      value

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      Pros

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        Cons

        • Ashapuri Gold Ornament is overvalued based on assets compared to the IN Luxury industry average.
        • Ashapuri Gold Ornament is overvalued based on earnings compared to the IN Luxury industry average.
        • Ashapuri Gold Ornament is overvalued based on earnings compared to the India market.
        • 542579 underperformed the Luxury industry which returned -22.1% over the past year.
        • 542579 underperformed the Market in India which returned -14.5% over the past year.
        • BSE:542579 is flat (0%) underperforming the Luxury industry which returned 9.8% over the past month.
        • BSE:542579 is flat (0%) underperforming the market in India which returned 8% over the past month.

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