On 4 Nov 2026, Ashiana Agro Industries was priced at ₹12.50, or 138.9× trailing earnings, against an industry P/E of 18.1×. Its ROCE of −4.1% is the second-lowest among the 7 largest Packaging & Containers peers, and sales fell 0.5% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹5.79 Cr, ranked 79th of 83 Packaging & Containers companies by market cap; the shares rose 33% over the past year.
- ₹12.50
- ₹12.50
- ₹12.50
- ₹12.50
- 55
Health check
- ReturnsAhead
+33.4% over a year, better than 6 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −0.5% a year over 3 years.
- ProfitabilityNegative
ROCE -4.1% vs peer median 16.7%.
- Balance sheetStretched
Piotroski 3 of 9.
- Red flags4 to check
Return on equity is low at 1.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹5.79 Cr
- Small cap
- P/E
- 138.9
- Industry 18.1
- Price to book
- 2.45
- Peers 2.06
- Dividend yield
- 0.00%
- ROE
- 1.9%
- Peers 14.4%
- ROCE
- −4.1%
- Peers 16.7%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹0.09
- OPM (TTM)
- −13.4%
- Net margin 4.3%
- Sales growth
- −32.6%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 6.19
Strengths and risks
Risks to check
- Return on equity is low at 1.9%.
- Quarterly sales down 32.6% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 138.9 against an industry P/E of 18.1.
About Ashiana Agro Industries
Ashiana Agro Industries Limited engages in the trading of packaging materials for various industries in India. The company was incorporated in 1990 and is based in Chennai, India.
- Headquarters
- Chennai
- Sector
- Consumer Cyclical
- ISIN
- INE709D01012
- Website
- aail.in
Price range
- Avg volume (3M)
- 189
- 1-year return
- plus 33.4%
- From 52-week high
- minus 7.4%
Peers · Packaging & Containers
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMETECHNOTime Technoplast | 170.65 | minus 1.98% | 8,424 | 15.9 | 2.06 | 15.3% | 13.4% | 10.3% | 12.5% | 28.9% | 0.86% | minus 17.5% |
| EPLEPL | 221.31 | minus 3.61% | 7,101 | 18.1 | 2.26 | 16.7% | 14.9% | 19.8% | 8.5% | 19.7% | 2.26% | plus 13.4% |
| AGIAGI Greenpac | 645.55 | minus 3.31% | 4,177 | 11.8 | 1.65 | 18.2% | 14.9% | 22.0% | 5.5% | 10.4% | 1.08% | minus 18.3% |
| UFLEXUFLEX | 575.30 | minus 2.13% | 4,154 | 6.1 | 0.51 | 7.5% | 4.1% | 14.0% | 1.4% | −12.9% | 0.52% | plus 9.1% |
| TCPLPACKTCPL Packaging | 4,431.10 | minus 2.80% | 4,024 | 34.9 | 5.61 | 18.3% | 14.4% | 12.8% | 7.3% | −4.2% | 0.55% | plus 37.9% |
| JINDALPOLYJindal Poly Films | 697.50 | minus 0.11% | 3,054 | – | 1.00 | −18.2% | −29.9% | −36.5% | −15.6% | – | 0.00% | plus 25.0% |
| KNACKKnack Packaging | 199.71 | plus 1.42% | 2,444 | 21.6 | 3.34 | 38.3% | 35.5% | 17.8% | 16.6% | 67.1% | 0.00% | plus 9.1% |
| ASHAIAshiana Agro Industries | 12.50 | 0.00% | 6 | 138.9 | 2.45 | −4.1% | 1.9% | −13.4% | −0.5% | – | 0.00% | plus 33.4% |
| Median of 7 peers | – | −2.13% | 4,154 | 17.0 | 2.06 | 16.7% | 14.4% | 14.0% | 7.3% | 15.0% | 0.55% | 9.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | |
| 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | |
| −0.1 | −0 | −0 | −0 | −0 | |
| −29.8% | −9.0% | −10.1% | −6.1% | −42.0% | |
| 0 | 0 | 0 | 0 | 0 | |
| −0 | 0 | 0 | 0 | −0 | |
| – | 18.4% | 25.5% | 25.4% | – | |
| −0 | 0 | 0 | 0 | −0 | |
| -0.01 | 0.04 | 0.04 | 0.04 | -0.03 |
Profit & loss
- Sales CAGR 3Y
- −0.5%
- ROE
- 1.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.8 | 1 | 0.8 | 0.8 | |
| – | +15.0% | minus 20.6% | +7.9% | |
| 1 | 1 | 0.8 | 0.9 | |
| −0.2 | −0.1 | −0.1 | −0.1 | |
| −24.2% | −6.1% | −10.4% | −12.8% | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| 0 | – | – | – | |
| −0 | 0.1 | 0.1 | 0.1 | |
| – | 3.9% | 25.2% | 25.2% | |
| −0 | 0.1 | 0.1 | 0.1 | |
| – | – | minus 31.6% | minus 40.6% | |
| -0.06 | 0.27 | 0.18 | 0.11 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.6 | 4.6 | 4.6 | 4.6 | |
| −2.2 | −2.1 | −2 | −2 | |
| 0 | 0 | 0.1 | 0.1 | |
| 2.4 | 2.6 | 2.6 | 2.7 | |
| 0.7 | 0.6 | 1.3 | 1.3 | |
| 1.8 | 1.9 | 1.3 | 1.3 | |
| 2.4 | 2.6 | 2.6 | 2.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.2 | −0.2 | −0 | −0.1 | |
| 0.2 | 0.2 | 0.7 | 0.2 | |
| −0 | −0 | 0.6 | 0.1 | |
| −0.2 | −0.2 | −0 | −0.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.