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.
Aspinwall and Company Limited is an India-based company. The Company is a multi-line business organization and is engaged in logistics services, coffee processing and trading, rubber plantations and, manufacture and trading of Natural Fibre products and mattresses. It has…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, fairly priced — but flagged on governance.
Aspinwall & Co is scored on the general / industrial framework. It keeps a thin 3.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -1.66×) — worth a closer look. Free cash flow is worth about -0.9% of its market value.
Over the last 3 years revenue compounded at 12%/yr and profit at -23%/yr. Book value has grown 4%/yr. Return on equity is a weak 4.5%. In the latest quarter profit fell 112% versus the prior quarter.
At 14× earnings, the stock sits at the 43rd percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~0%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: Only ₹-0.27 of cash per ₹1 profit over 4 years — earnings not converting to cash.
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 | 10.83 | 11.58 | better |
| P/B | 0.89 | 2.2 | better |
| EV/EBITDA | 7.8 | 32.12 | better |
| ROE | 4.48 | 2.78 | better |
| ROCE | 6.15 | 6.01 | better |
| ROA | 4.96 | 2.01 | better |
| Quick Ratio | 0.65 | 2 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| 3M India | 58.2 | 16.6 | 27.2% |
| NAVA | 15.4 | 1.7 | 9.0% |
| DCM Shriram | 10.1 | 1.7 | 16.3% |
Revenue has grown every year across all 4 financial years shown. 12% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (12% vs -23%) — costs are rising faster than the top line.
Operating margin has compressed from 12% to 4% — costs or competition are eating into profitability.
ROE at 7% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 10pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -23% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 13% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (37% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 24% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 112% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (3% → -1%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 64.5% — 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.