On 6 Nov 2026, Asian Warehousing was priced at ₹31.00, or 40.3× trailing earnings, against an industry P/E of 16.3×, and the shares are 31% below their 52-week high. Its ROCE of 3.0% is the lowest among the 7 largest Specialty Business Services peers, and sales fell 0.7% a year over 3 years while net profit grew 11%. Debt is 0.27× equity. It is a small-cap company with a market cap of ₹11 Cr, ranked 45th of 52 Specialty Business Services companies by market cap; the shares fell 25% over the past year.
- ₹31.99
- ₹31.99
- ₹29.01
- ₹30.80
- 96
Health check
- ReturnsIn line
−24.5% over a year, better than 3 of 7 peers.
- Price tagPricier
P/E 40.3 vs industry 16.3.
- GrowthSlow
Sales −0.7%, profit +10.7% a year over 3 years.
- ProfitabilityWeak
ROCE 3.0% vs peer median 16.6%.
- Balance sheetStretched
Debt 0.27× equity, interest covered 1.2×, Piotroski 7 of 9.
- Red flags4 to check
Return on equity is low at 0.9%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹11 Cr
- Small cap
- P/E
- 40.3
- Industry 16.3
- Price to book
- 0.41
- Peers 3.73
- Dividend yield
- 0.00%
- ROE
- 0.9%
- Peers 15.5%
- ROCE
- 3.0%
- Peers 16.6%
- Debt to equity
- 0.27
- Debt ₹7.00 Cr
- EPS (TTM)
- ₹0.77
- OPM (TTM)
- 56.9%
- Net margin 14.2%
- Sales growth
- +22.0%
- Latest quarter vs a year ago
- Profit growth
- +17600.0%
- Latest quarter vs a year ago
- Price to sales
- 5.73
- EV/EBITDA 17.1
Strengths and risks
Strengths
- Quarterly profit up 17600.0% on a year ago.
- Quarterly sales up 22.0% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 0.9%.
- P/E of 40.3 against an industry P/E of 16.3.
- 31% below its 52-week high.
- Interest coverage of only 1.9×.
About Asian Warehousing
Asian Warehousing Limited engages in the provision of warehousing services for agricultural products in India. The company also trades in agricultural products. Asian Warehousing Limited was incorporated in 2012 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 8
- Sector
- Industrials
- ISIN
- INE04Z101016
- Website
- asianw.com
Price range
- Avg volume (3M)
- 1.1K
- 1-year return
- minus 24.5%
- From 52-week high
- minus 30.9%
Peers · Specialty Business Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BLSBLS International Services | 223.35 | minus 1.55% | 9,192 | 12.9 | 3.73 | 26.1% | 32.7% | 26.4% | 25.5% | 50.7% | 1.14% | minus 29.5% |
| PDSLPDS | 403.90 | plus 0.45% | 5,704 | 48.7 | 3.23 | 16.6% | 6.6% | 2.9% | 6.9% | −25.0% | 0.92% | plus 6.5% |
| FUSIONCXFusion CX | 270.70 | minus 2.70% | 3,908 | 18.1 | 5.52 | 33.0% | 37.0% | 11.9% | 21.0% | 68.1% | 0.00% | minus 6.5% |
| CMSINFOCMS Info Systems | 215.99 | minus 0.62% | 3,457 | 12.2 | 1.46 | 16.2% | 12.9% | 25.0% | 9.1% | 0.7% | 2.31% | minus 40.0% |
| JAYKAYJaykay Enterprises | 201.05 | minus 4.29% | 3,033 | 13.9 | 4.08 | 30.6% | 40.5% | 10.7% | 72.2% | 220.1% | 0.00% | minus 5.0% |
| LORDSMARKLord's Mark Industries | 70.61 | minus 0.51% | 3,012 | 35.1 | 2.85 | 7.0% | 15.5% | 13.2% | 1716.6% | – | 0.00% | minus 88.9% |
| BLSEBLS E-Services | 149.81 | plus 1.81% | 2,719 | 62.2 | 4.90 | 16.3% | 12.6% | 6.7% | 66.3% | 44.9% | 0.33% | plus 45.5% |
| ASIANAsian Warehousing | 31.00 | plus 0.65% | 11 | 40.3 | 0.41 | 3.0% | 0.9% | 56.9% | −0.7% | 10.7% | 0.00% | minus 24.5% |
| Median of 7 peers | – | −0.62% | 3,457 | 18.1 | 3.73 | 16.6% | 15.5% | 11.9% | 25.5% | 47.8% | 0.33% | −6.5% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.4 | 0.5 | 0.5 | 0.4 | 0.5 | |
| 0.2 | 0.2 | 0.2 | 0.1 | 0.3 | |
| 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | |
| 58.3% | 59.9% | 52.5% | 70.6% | 47.5% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | 0 | 0 | 0.1 | 0 | |
| 71.4% | −96.8% | 101.6% | −68.8% | 17.5% | |
| 0 | 0.1 | −0 | 0.2 | 0 | |
| – | 0.21 | – | 0.46 | 0.10 |
Profit & loss
- Sales CAGR 3Y
- −0.7%
- Profit CAGR 3Y
- +10.7%
- EPS CAGR 3Y
- +10.7%
- ROE
- 0.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.8 | 1.6 | 2.1 | 1.8 | |
| – | minus 10.9% | +30.2% | minus 15.8% | |
| 0.5 | 0.4 | 1.4 | 0.5 | |
| 1.4 | 1.2 | 0.7 | 1.3 | |
| 73.9% | 73.0% | 35.0% | 70.3% | |
| 0 | 0.1 | 0 | −0 | |
| 0.9 | 0.9 | 0.7 | 0.7 | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| −0 | −0 | – | −0.2 | |
| 0.2 | 0.1 | −0.2 | 0.2 | |
| −8.9% | −64.2% | 131.8% | −41.7% | |
| 0.2 | 0.1 | 0.1 | 0.2 | |
| – | minus 15.1% | minus 59.0% | +290.0% | |
| 0.49 | 0.42 | 0.17 | 0.67 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.5 | 3.5 | 3.5 | 3.5 | |
| 22.7 | 22.8 | 22.6 | 22.8 | |
| 7.7 | 7.6 | 7 | 7 | |
| 1.6 | 1.4 | 1.1 | 1.3 | |
| 35.5 | 35.3 | 34.1 | 34.7 | |
| 34.4 | 34.2 | 33.7 | 34.2 | |
| – | – | – | 0.1 | |
| 0 | 0.3 | 0 | 0 | |
| 1.1 | 0.7 | 0.4 | 0.3 | |
| 35.5 | 35.3 | 34.1 | 34.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.4 | 1.4 | 1 | 1.5 | |
| 0 | – | – | −0.9 | |
| −1.4 | −1 | −1.3 | −0.7 | |
| – | 0.3 | −0.3 | −0 | |
| – | – | – | −0.7 | |
| 1.4 | 1.4 | 1 | 0.8 |
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.