Automotive Stampings & Assemblies Ltd
NSE: ASAL BSE: 520119
Incorporated in 1990, Automotive Stampings and Assemblies Ltd is in the business of Stampings, Fabrication, and welding of Auto Components[1]
₹469
52W: ₹374 — ₹656
PE 25.9 · Book ₹22.8 · +1957% vs bookMarket Cap₹744 Cr
Stock P/E25.9Price to Earnings
ROCE25.4%Return on Capital
ROE128%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has delivered good profit growth of 24.3% CAGR over last 5 years
Weaknesses
- −Stock is trading at 20.4 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Tax rate seems low
Shareholding Pattern
Promoters75%
FIIs0%
DIIs0.01%
Public24.99%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 0.09% | 0.01%▼0.1 | 0%▼0.0 | 0.1%▲0.1 | 0%▼0.1 | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0.01%▲0.0 | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 24.93% | 24.98%▲0.1 | 24.99%▲0.0 | 24.9%▼0.1 | 24.98%▲0.1 | 24.98% | 25%▲0.0 | 24.99%▼0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 216 | 232 | 192 | 197 | 198 | 188 | 173 | 212 | 250 | 256 |
| Expenses | 204 | 217 | 180 | 186 | 187 | 175 | 162 | 199 | 233 | 237 |
| Operating Profit | 12 | 16 | 12 | 11 | 12 | 13 | 11 | 13 | 17 | 18 |
| OPM % | 6% | 7% | 6% | 6% | 6% | 7% | 6% | 6% | 7% | 7% |
| Net Profit | 5 | 8 | 4 | 4 | 4 | 5 | 3 | 4 | 7 | 13 |
| EPS ₹ | 2.99 | 4.8 | 2.52 | 2.7 | 2.25 | 3.11 | 1.6 | 2.77 | 4.71 | 8.37 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹891Cr, up 15% YoY. OPM at 7%.
Debt Position
Borrowings at ₹124Cr. Debt-to-equity ratio: 6.20x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹1Cr (1% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.01% (+0.01pp change). FIIs: 0% (+0.00pp change). Promoters hold 75%.
Margin & Efficiency
ROCE improving from -14% (Mar 2015) to 25% (Mar 2026). Working capital days: -17.
Valuation
PE 25.9x with 25.4% ROCE. Price is 1957% above book value of ₹22.8. Dividend yield: 0%.
Recent Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 13 May - FY2025-26 secretarial compliance report notes 84-day CS appointment delay; BSE/NSE fined INR 15,340 each.
- Compliances-Reg.24(A)-Annual Secretarial Compliance 13 May - Annual secretarial compliance report notes 84-day compliance officer delay; BSE and NSE fined INR 15,340 each.
- Intimation Of Amendment In Policy For Determination Of Materiality For Disclosure Of Events Or Information Of The Company 30 Apr - ASAL amended its materiality disclosure policy and uploaded the revised policy online.
- Outcome Of The Board Meeting In Machine Readable Format. 30 Apr - Board approved audited FY26 results and reappointed cost and internal auditors.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Apr - Newspaper Publication of Audited Financial Results for the quarter and financial year ended March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse