The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Asahi India Glass Limited (AIS) is an India-based integrated glass and windows solutions company. The Company is engaged in the business of manufacturing of auto glass, float glass and other value-added glasses. Its segments include Automotive Glass and Float Glass. Its auto…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection.
Asahi India Glass is scored on the general / industrial framework. It keeps a slim 6.9% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.45× reported profit. Free cash flow is worth about -0.6% of its market value.
Over the last 3 years revenue compounded at 8%/yr and profit at -2%/yr. Book value itself has compounded 24%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 13.1%. In the latest quarter profit grew 12% versus the prior quarter.
At 75× earnings, the stock sits at the 100th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price already implies ~21%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 48.03 | — | — |
| P/B | 6.27 | 3.74 | worse |
| EV/EBITDA | 22.83 | — | — |
| ROE | 13.06 | 8.77 | better |
| ROCE | 13.53 | 28.63 | worse |
| ROA | 6.6 | 7.24 | worse |
| Quick Ratio | 0.68 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Borosil Renewables | 14.0 | 3.0 | 21.8% |
| Borosil | 48.0 | 4.1 | 8.5% |
| La Opala | 17.7 | 2.0 | 11.3% |
Revenue has grown every year across all 4 financial years shown. 8% CAGR — growing but slowly.
Revenue is outpacing profit (8% vs -2%) — costs are rising faster than the top line.
Operating margin has compressed from 14% to 9% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 9% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 9pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -3% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.5× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 15% above earlier ones.
Profit jumped 12% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (5% → 11%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 51.6% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.