Aspinwall & Company Ltd
NSE: ASPINWALLLogistics
Incorporated in 1920, Aspinwall & Company Ltd is in diversified business activities including coffee processing and trading, logistics services[1]
₹232
52W: ₹200 — ₹315
PE 39 · Book ₹228 · +2% vs bookMarket Cap₹181 Cr
Stock P/E39Price to Earnings
ROCE8.79%Return on Capital
ROE7.95%Return on Equity
Div. Yield2.8%Face Value ₹10
Strengths
- +Stock is trading at 1.01 times its book value
- +Company has been maintaining a healthy dividend payout of 33.2%
Weaknesses
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 5.29% over past five years.
- −Tax rate seems low
- −Company has a low return on equity of 8.43% over last 3 years.
- −Earnings include an other income of Rs.10.0 Cr.
Shareholding Pattern
Promoters64.46%
FIIs0%
DIIs0%
Public35.54%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 64.46% | 64.46% | 64.46% | 64.46% | 64.46% | 64.46% | 64.46% | 64.46% |
| FIIs | 0% | 0.12%▲0.1 | 0%▼0.1 | 0.05%▲0.1 | 0.01%▼0.0 | 0%▼0.0 | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 35.54% | 35.42%▼0.1 | 35.54%▲0.1 | 35.49%▼0.0 | 35.53%▲0.0 | 35.54%▲0.0 | 35.54% | 35.54% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 57.51 | 82.86 | 75.76 | 81.65 | 72.37 | 86.28 | 87.41 | 87.99 | 80.53 | 109.74 |
| Expenses | 54.77 | 79.97 | 72.63 | 77.8 | 68.07 | 80.17 | 83.95 | 90.15 | 81.08 | 100.23 |
| Operating Profit | 2.74 | 2.89 | 3.13 | 3.85 | 4.3 | 6.11 | 3.46 | -2.16 | -0.55 | 9.51 |
| OPM % | 4.76% | 3.49% | 4.13% | 4.72% | 5.94% | 7.08% | 3.96% | -2.45% | -0.68% | 8.67% |
| Net Profit | 1.36 | 1.71 | 5.96 | 3.27 | 3.39 | 4.71 | 3.03 | -3.66 | 2.25 | 7.1 |
| EPS ₹ | 1.74 | 2.19 | 7.62 | 4.18 | 4.34 | 6.02 | 3.88 | -4.68 | 2.88 | 9.08 |
AI Insights
Revenue Trend
TTM revenue at ₹366Cr, up 11.6% YoY. OPM at 3%.
Debt Position
Borrowings at ₹82Cr. Debt-to-equity ratio: 0.48x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 64.46%.
Margin & Efficiency
ROCE declining from 10% (Mar 2014) to 9% (Mar 2025). Working capital days: 71.
Valuation
PE 39x with 8.79% ROCE. Price is 2% above book value of ₹228. Dividend yield: 2.8%.
Recent Announcements
- Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company 17 April 2026 - Supreme Court dismissed Aspinwall’s tax appeal; ₹58 lakh plus interest liability already provided for.
- Credit Rating- New 10 April 2026 - CRISIL revised Aspinwall’s ratings for Rs.126.5 crore facilities to BBB/Stable and A3+ on 10 April 2026.
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 10 April 2026 - Submitted Regulation 74(5) certificate for quarter/year ended 31 March 2026.
- Trading Window 30 March 2026 - Trading window closed from 1 April 2026 until 48 hours after audited results announcement for quarter/year ended 31 March 2026.
- Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company 24 February 2026 - Cargosol suit in Bombay City Civil Court claiming Rs.87,55,911; notices received 19-Feb-2026.
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse