Yasho Industries Ltd
NSE: YASHO BSE: 541167
Yasho Industries Ltd is a manufacturer of specialty chemicals, food antioxidants, aroma chemicals, rubber accelerators and lubricant additives. It has a wide geographical presence with exports to Europe, America, Middle East and Asia.[1]
₹1,700
52W: ₹1130 — ₹2183
PE 126 · Book ₹355 · +379% vs bookMarket Cap₹2,050 Cr
Stock P/E126Price to Earnings
ROCE7.11%Return on Capital
ROE1.61%Return on Equity
Div. Yield0.03%Face Value ₹10
Weaknesses
- −Stock is trading at 4.80 times its book value
- −Company has low interest coverage ratio.
- −Dividend payout has been low at 3.97% of profits over last 3 years
- −Promoter holding has decreased over last 3 years: -3.63%
Shareholding Pattern
Promoters67.91%
FIIs5.7%
DIIs1.97%
Public24.42%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.92% | 71.92% | 71.92% | 67.99%▼3.9 | 67.99% | 67.99% | 67.99% | 67.91%▼0.1 |
| FIIs | 0.97% | 0.99%▲0.0 | 1.41%▲0.4 | 7.24%▲5.8 | 6.98%▼0.3 | 6.9%▼0.1 | 6.99%▲0.1 | 5.7%▼1.3 |
| DIIs | 0% | 0.09%▲0.1 | 0.28%▲0.2 | 0.51%▲0.2 | 0.94%▲0.4 | 0.96%▲0.0 | 1.05%▲0.1 | 1.97%▲0.9 |
| Public | 27.1% | 26.99%▼0.1 | 26.38%▼0.6 | 24.25%▼2.1 | 24.07%▼0.2 | 24.15%▲0.1 | 23.94%▼0.2 | 24.42%▲0.5 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 138.54 | 129.24 | 176.06 | 176.1 | 162.24 | 151.21 | 190.29 | 197.88 | 176.18 | 198.14 |
| Expenses | 117.71 | 105.63 | 146.6 | 149.83 | 133.51 | 124.11 | 156.52 | 163.79 | 145.05 | 165.75 |
| Operating Profit | 20.83 | 23.61 | 29.46 | 26.27 | 28.73 | 27.1 | 33.77 | 34.09 | 31.13 | 32.39 |
| OPM % | 15.04% | 18.27% | 16.73% | 14.92% | 17.71% | 17.92% | 17.75% | 17.23% | 17.67% | 16.35% |
| Net Profit | 11.93 | 14.79 | 15.85 | 0.64 | 2.05 | -0.94 | 4.28 | 5.63 | 2.87 | 3.5 |
| EPS ₹ | 10.47 | 12.97 | 13.9 | 0.56 | 1.8 | -0.82 | 3.55 | 4.67 | 2.38 | 2.9 |
AI Insights
Revenue Trend
TTM revenue at ₹762Cr, up 13.2% YoY. OPM at 17%.
Debt Position
Borrowings at ₹591Cr. Debt-to-equity ratio: 1.42x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹35Cr (6% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 1.97% (+1.97pp change). FIIs: 5.7% (+5.57pp change). Promoters hold 67.91%.
Margin & Efficiency
ROCE improving from 0% (Mar 2015) to 7% (Mar 2025). Working capital days: 52.
Valuation
PE 126x with 7.11% ROCE. Price is 379% above book value of ₹355. Dividend yield: 0.03%.
Recent Announcements
- Corporate Action-Board approves Dividend 3m - FY26 audited results approved; Rs 0.50 final dividend recommended; two independent directors reappointed, unmodified audit opinion.
- Announcement under Regulation 30 (LODR)-Change in Management 4m - Yasho Industries approved FY26 audited results, recommended Rs 0.50 dividend, and reappointed two independent directors.
- Financial Results For Q4FY26 8m - May 18, 2026 board approved FY26 audited results, recommended Rs0.50 dividend, and reappointed two independent directors.
- Board Meeting Outcome for Meeting Held Today On 18.05.2026 W.R.T Audited Financial Results For FY26 And Dividend 12m - Yasho Industries approved FY26 audited results, recommended Rs 0.50 dividend, and reappointed two independent directors.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 May - Intimation of Schedule of Q4FY26 Conference Call for Investors and Analysts under the SEBI (LODR), Regulations, 2015
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse