Asian Star Company Ltd
NSE: ASTAR BSE: 531847Energy
Incorporated in 1971, Asian Star Company Ltd is in the business of diamond cutting and polishing, jewellery manufacturing and retailing, and wind power generation[1]
₹636
52W: ₹533 — ₹793
PE 32.3 · Book ₹659 · -3% vs bookMarket Cap₹1,017 Cr
Stock P/E32.3Price to Earnings
ROCE5.31%Return on Capital
ROE3.94%Return on Equity
Div. Yield0.24%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Stock is trading at 0.96 times its book value
Weaknesses
- −The company has delivered a poor sales growth of 1.58% over past five years.
- −Company has a low return on equity of 5.68% over last 3 years.
- −Company might be capitalizing the interest cost
- −Earnings include an other income of Rs.22.0 Cr.
- −Dividend payout has been low at 4.68% of profits over last 3 years
Shareholding Pattern
Promoters74.66%
FIIs0%
DIIs4.21%
Public21.13%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.65% | 74.65% | 74.66%▲0.0 | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 4.24% | 4.21%▼0.0 | 4.21% | 4.21% | 4.21% | 4.21% | 4.21% | 4.21% |
| Public | 21.1% | 21.13%▲0.0 | 21.13% | 21.12%▼0.0 | 21.13%▲0.0 | 21.13% | 21.13% | 21.13% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 755.27 | 585.1 | 680.34 | 597.5 | 549.95 | 545.38 | 643.56 | 553.65 | 597.53 | 491.79 |
| Expenses | 728.21 | 561.71 | 654.49 | 573.13 | 527.54 | 524.91 | 637.95 | 535.52 | 577.87 | 482.05 |
| Operating Profit | 27.06 | 23.39 | 25.85 | 24.37 | 22.41 | 20.47 | 5.61 | 18.13 | 19.66 | 9.74 |
| OPM % | 3.58% | 4% | 3.8% | 4.08% | 4.07% | 3.75% | 0.87% | 3.27% | 3.29% | 1.98% |
| Net Profit | 14.96 | 14.92 | 16.52 | 17.24 | 14.2 | 9.34 | -2.03 | 16.04 | 9.87 | 7.61 |
| EPS ₹ | 9.35 | 9.32 | 10.32 | 10.77 | 8.87 | 5.84 | -1.27 | 10.02 | 6.17 | 4.75 |
AI Insights
Revenue Trend
TTM revenue at ₹2,287Cr, down 2.1% YoY. OPM at 2%.
Debt Position
Borrowings at ₹513Cr. Debt-to-equity ratio: 0.49x. Healthy balance sheet.
Institutional Flow
DIIs: 4.21% (-0.12pp change). FIIs: 0% (+0.00pp change). Promoters hold 74.66%.
Margin & Efficiency
ROCE declining from 7% (Mar 2014) to 5% (Mar 2025). Working capital days: 92.
Valuation
PE 32.3x with 5.31% ROCE. Price is -3% above book value of ₹659. Dividend yield: 0.24%.
Recent Announcements
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Change In Directorship Of Foreign Wholly Owned Subsidiary 2d - Mr. Nareshkumar Darji resigned as director of Asian Star FZCO effective May 14, 2026.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr - Asian Star confirms it is not a Large Corporate under SEBI debt fundraising norms.
- Clarification And Reason For Delay In Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Cessation Of Senior Management Personnel - Mr. Ranajit K. Pattanaik 9 Apr - Asian Star disclosed Mr. Ranajit K. Pattanaik’s cessation on March 31, 2026, citing health issues.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations for the quarter ended March 31, 2026.
- Announcement Under Regulation 30 (LODR)-Cessation 7 Apr - Vice President (Operations) Hosur Unit Ranajit K. Pattanaik resigned effective March 31, 2026 due to health issue.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse