ASAHI SONGWON COLOR LTD (ASAHISONG) financials

ASAHI SONGWON COLOR LTD (ASAHISONG) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1990, Asahi Songwon Colors is one of the leading manufacturers of blue (Phthalocyanine) pigments for ink, plastics, paint, textile and paper industry with globally benchmarked manufacturing capabilities. The company has ventured into manufacturing of yellow, red and orange (AZO) pigments and APIs.[1]

Market Cap: ₹461Cr.
Current Price: ₹391
Stock P/E: 13.6
ROE: 7.57%
ROCE: 9.94%
Book Value: ₹260
Dividend Yield: 0.38%
52W High / Low: ₹415/179

In Jun 2026, ASAHI SONGWON COLOR LTD (ASAHISONG) reported sales ₹136 Cr and net profit ₹17 Cr.

Annual TTM: sales ₹374 Cr, net profit ₹34 Cr.

Shareholding: Promoters 67.09% (Sep 2026), FIIs 0.24% (Sep 2026), DIIs 0.41% (Sep 2026), Public 32.26% (Sep 2026), No. of Shareholders 9,396% (Sep 2026).

ASAHISONG quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	99	94	107	106	73	74	91	136
Expenses	89	85	93	97	67	67	78	112
Operating Profit	11	9	14	9	6	7	13	24
OPM %	11%	10%	13%	9%	8%	9%	14%	18%
Other Income	2	3	2	2	3	1	5	2
Interest	2	2	2	1	1	1	1	1
Depreciation	3	3	2	2	2	2	2	2
Profit before tax	8	7	12	8	5	5	14	23
Tax %	26%	34%	23%	30%	29%	22%	29%	25%
Net Profit	6	5	9	6	4	4	10	17
EPS in Rs	5.14	3.86	7.83	4.69	3.07	2.99	8.29	14.36
Raw PDF	—	—	—	—	—	—	—	—

ASAHISONG profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	284	283	401	337	277	390	344	374
Expenses	249	234	363	329	260	345	309	324
Operating Profit	34	48	38	8	17	45	35	50
OPM %	12%	17%	9%	2.4%	6%	11%	10%	13%
Other Income	1	7	6	6	31	8	10	11
Interest	4	2	3	9	7	8	5	5
Depreciation	8	8	9	10	10	10	10	10
Profit before tax	23	45	32	-5	31	35	31	46
Tax %	2%	26%	25%	1%	14%	26%	28%	—
Net Profit	23	33	24	-5	26	25	22	34
EPS in Rs	18.97	27.39	20.11	-4.00	22.34	21.62	19.05	28.71
Dividend Payout %	16%	13%	2%	-13%	2%	7%	8%	—

ASAHISONG balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	12	12	12	12	12	12	12	12
Reserves	181	189	221	240	224	250	275	295
Borrowings	62	22	44	52	97	89	57	71
Other Liabilities	54	53	61	85	70	65	95	103
Total Liabilities	309	276	338	390	402	416	439	480
Fixed Assets	150	129	138	154	151	122	112	104
CWIP	1	2	0	0	0	0	0	0
Investments	14	27	51	50	98	107	107	108
Other Assets	143	118	149	185	154	186	220	268
Total Assets	309	276	338	390	402	416	439	480

ASAHISONG cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	27	74	5	25	46	-4	51	15
Cash from Investing Activity	-3	-21	-16	-25	-70	19	-7	-26
Cash from Financing Activity	-24	-53	11	1	24	-15	-40	7
Net Cash Flow	0	0	-0	0	0	-0	3	-3
Free Cash Flow	23	72	14	0	39	40	50	13
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	85%	224%	29%	90%	604%	-27%	131%	69%

ASAHISONG shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	66.83%	66.83%	66.83%	67.00%	67.00%	67.00%	67.00%	67.09%
FIIs	0.00%	0.00%	0.00%	0.08%	0.00%	0.05%	0.01%	0.24%
DIIs	0.00%	0.00%	0.00%	0.03%	0.30%	0.31%	0.32%	0.41%
Public	33.17%	33.17%	33.16%	32.90%	32.71%	32.64%	32.67%	32.26%
No. of Shareholders	9,852	9,772	9,764	9,764	10,141	9,731	9,792	9,396

ASAHISONG key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	68	71	101	79	75	103	90	92
Inventory Days	132	62	108	116	71	99	78	136
Days Payable	66	51	96	91	77	84	106	129
Cash Conversion Cycle	134	82	113	105	69	118	62	99
Working Capital Days	77	82	82	68	15	35	36	37
ROCE %	13%	11%	17%	12%	1%	3%	12%	10%

ASAHISONGUpdated 17 Oct 2026, 22:23

Asahi Songwon Color Ltd

ASAHISONGUpdated 17 Oct 2026, 22:23

Market Cap

₹461Cr.

Current Price

₹391

High / Low

₹415/179

Stock P/E

13.6

ROE7.57%

ROCE9.94%

Book Value₹260

Face Value₹10.0

Dividend Yield0.38%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	68	2	68	1	3	-4	-25	-3	-2.29
Sep 2023	58	2	53	27	3	28	10	25	20.96
Dec 2023	67	1	63	1	3	1	74	0	0.31
Mar 2024	84	2	76	2	3	5	27	4	3.35
Jun 2024	90	2	80	2	3	8	25	6	4.79
Sep 2024	99	2	89	2	3	8	26	6	5.14
Dec 2024	94	2	85	3	3	7	34	5	3.86
Mar 2025	107	2	93	2	2	12	23	9	7.83
Jun 2025	106	1	97	2	2	8	30	6	4.69
Sep 2025	73	1	67	3	2	5	29	4	3.07
Dec 2025	74	1	67	1	2	5	22	4	2.99
Mar 2026	91	1	78	5	2	14	29	10	8.29
Jun 2026	136	1	112	2	2	23	25	17	14.36

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	240	5	203	1	6	26	33	18	14.39
Mar 2016	224	4	185	3	7	31	33	21	17.06
Mar 2017	253	3	206	3	7	40	32	27	22.29
Mar 2018	293	4	254	4	7	32	28	23	18.76
Mar 2019	294	5	253	-1	8	26	30	18	14.88
Mar 2020	284	4	249	1	8	23	2	23	18.97
Mar 2021	283	2	234	7	8	45	26	33	27.39
Mar 2022	401	3	363	6	9	32	25	24	20.11
Mar 2023	337	9	329	6	10	-5	1	-5	-4
Mar 2024	277	7	260	31	10	31	14	26	22.34
Mar 2025	390	8	345	8	10	35	26	25	21.62
Mar 2026	344	5	309	10	10	31	28	22	19.05
TTM	374	5	324	11	10	46	—	34	28.71

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	67.09%
FIIs	0.24%
DIIs	0.41%
Public	32.26%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	66.77%	0.17%	0%	33.05%
Mar 2024	66.77%	0.1%	0%	33.13%
Jun 2024	66.77%	0.07%	0%	33.16%
Sep 2024	66.83%	0.07%	0.21%	32.89%
Dec 2024	66.83%	0%	0%	33.17%
Mar 2025	66.83%	0%	0%	33.17%
Jun 2025	66.83%	0%	0%	33.16%
Sep 2025	67%	0.08%	0.03%	32.9%
Dec 2025	67%	0%	0.3%	32.71%
Mar 2026	67%	0.05%	0.31%	32.64%
Jun 2026	67%	0.01%	0.32%	32.67%
Sep 2026	67.09%	0.24%	0.41%	32.26%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	12	106	49	46	212	94	1	18	99	212
Mar 2016	12	124	44	40	220	93	6	26	95	220
Mar 2017	12	146	35	53	247	94	10	30	113	247
Mar 2018	12	169	77	61	319	141	15	19	144	319
Mar 2019	12	181	62	54	309	150	1	14	143	309
Mar 2020	12	189	22	53	276	129	2	27	118	276
Mar 2021	12	221	44	61	338	138	0	51	149	338
Mar 2022	12	240	52	85	390	154	0	50	185	390
Mar 2023	12	224	97	70	402	151	0	98	154	402
Mar 2024	12	250	89	65	416	122	0	107	186	416
Mar 2025	12	275	57	95	439	112	0	107	220	439
Mar 2026	12	295	71	103	480	104	0	108	268	480

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	25	-9	-16	0
Mar 2016	32	-15	-17	0
Mar 2017	28	-12	-17	0
Mar 2018	6	-44	38	0
Mar 2019	27	-3	-24	0
Mar 2020	74	-21	-53	0
Mar 2021	5	-16	11	0
Mar 2022	25	-25	1	0
Mar 2023	46	-70	24	0
Mar 2024	-4	19	-15	0
Mar 2025	51	-7	-40	3
Mar 2026	15	-26	7	-3

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	65	83	67	99	68	71	101	79	75	103	90	92
Inventory Days	78	58	119	76	132	62	108	116	71	99	78	136
Days Payable	58	57	82	76	66	51	96	91	77	84	106	129
Cash Conversion Cycle	85	85	104	100	134	82	113	105	69	118	62	99
Working Capital Days	32	50	62	52	77	82	82	68	15	35	36	37
ROCE %	16%	19%	23%	15%	13%	11%	17%	12%	1%	3%	12%	10%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ASAHI SONGWON COLOR LTD (ASAHISONG)?

The reported market capitalisation for ASAHI SONGWON COLOR LTD (ASAHISONG) is ₹461Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ASAHISONG?

The current price shown for ASAHI SONGWON COLOR LTD (ASAHISONG) on Fincrux is ₹391 with a 52-week high/low of ₹415/179.

What is the P/E ratio of ASAHI SONGWON COLOR LTD (ASAHISONG)?

The stock P/E for ASAHI SONGWON COLOR LTD (ASAHISONG) is 13.6 on Fincrux, with ROE at 7.57% and ROCE at 9.94%.

What were ASAHISONG latest quarterly results?

For Jun 2026, ASAHI SONGWON COLOR LTD (ASAHISONG) reported sales ₹136 Cr and net profit ₹17 Cr (figures in ₹ crore unless noted).

What are ASAHISONG annual sales and net profit?

For TTM, ASAHI SONGWON COLOR LTD (ASAHISONG) shows sales of ₹374 Cr and net profit of ₹34 Cr on the Fincrux profit & loss statement.

Who owns ASAHI SONGWON COLOR LTD (ASAHISONG)?

Latest shareholding for ASAHI SONGWON COLOR LTD (ASAHISONG) on Fincrux: Promoters 67.09% (Sep 2026), FIIs 0.24% (Sep 2026), DIIs 0.41% (Sep 2026), Public 32.26% (Sep 2026), No. of Shareholders 9,396% (Sep 2026).

Where can I find ASAHI SONGWON COLOR LTD (ASAHISONG) financials?

ASAHI SONGWON COLOR LTD (ASAHISONG) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ASAHISONG balance sheet and cash flow?

Yes. The ASAHI SONGWON COLOR LTD (ASAHISONG) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 17 October 2026 at 22:23