Asahi Songwon Colors Ltd.

BSE: ASAHISONG532853ISIN INE228I01012

Commodities
Dyes And Pigments

Share price

₹371.15+2.25 (+0.61%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹414.90
52W low: ₹179.25
Off 52W high: -10.54%
1M return: +1.77%
3M return: -3.66%
6M return: +49.06%
1Y return: +31.82%
20D avg volume: 992
50 DMA: ₹374.80
200 DMA: ₹284.94

Key ratios Consolidated

Market cap: ₹437.48 Cr
Current price: ₹371.15
52W high / low: ₹414.90 / ₹179.25
Face value: ₹10.00
P/E: 12.79
P/B: 1.61
EPS (TTM): ₹29.02
Book value / share: ₹230.24
ROE: —
ROCE: 10.40%
Operating margin: —
Net margin: —
Debt / equity: 0.47
Net debt: ₹138.61 Cr
Interest cover: 3.09
Dividend yield: 0.40%
Dividend / share (TTM): ₹1.50
Payout: 5.17%
Cash conversion cycle: 88.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	188.91	144.05	120.65	120.90	149.88	152.75	133.72	141.61	134.28	125.97	102.15	95.33
	0.80	3.49	0.10	1.65	1.46	0.61	1.64	1.02	0.78	0.91	0.49	0.76
	189.70	147.54	120.75	122.55	151.34	153.37	135.36	142.62	135.05	126.88	102.65	96.09
	164.35	132.47	118.09	118.94	147.11	144.19	130.99	137.23	129.01	125.40	103.96	96.72
	102.15	105.09	87.91	90.71	98.82	91.26	97.15	96.18	87.44	83.36	77.15	66.73
	0.41	0.05	0.47	0.14	0.25	0.05	0.57	2.21	2.77	0.90	1.83	1.88
	6.75	7.26	7.39	6.78	6.66	6.09	6.94	5.62	6.54	5.01	5.77	5.16
	2.58	3.30	2.96	2.85	3.14	3.84	4.36	4.30	3.96	3.67	2.74	2.96
	4.66	4.65	4.75	4.69	4.64	4.66	4.79	4.81	4.52	4.54	4.03	3.83
	29.75	22.80	22.76	23.87	29.00	29.82	16.30	15.95	—	14.24	10.76	10.23
	25.35	15.07	2.66	3.61	4.23	9.18	4.37	5.39	6.04	1.48	-1.31	-0.64
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.19	0.00	25.80
	25.35	15.07	2.66	3.61	4.23	9.18	4.37	5.39	6.04	1.29	-1.31	25.17
	6.32	4.25	0.39	1.51	1.63	2.31	2.07	2.09	1.66	0.38	0.82	2.46
	19.03	10.82	2.26	2.10	2.60	6.87	2.30	3.30	4.38	0.91	-2.13	22.71
	16.32	9.22	2.11	1.91	2.68	6.48	2.63	3.26	4.39	1.83	-0.87	20.00
Key metrics
	32.59	23.02	10.37	11.15	12.01	17.68	13.52	14.50	14.52	9.50	5.46	31.96
	17.30%	16.00%	8.60%	9.20%	8.00%	11.60%	10.10%	10.20%	10.80%	7.50%	5.30%	33.50%
	10.10%	7.50%	1.90%	1.70%	1.70%	4.50%	1.70%	2.30%	3.30%	0.70%	-2.10%	23.80%
	—	5.10%	—	1.80%	—	3.60%	—	—	—	—	—	—
	26.00%	-5.70%	-9.80%	-14.60%	11.60%	21.30%	30.90%	48.50%	—	—	—	—
	631.90%	57.50%	-1.70%	-36.40%	-40.60%	654.90%	208.00%	-85.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	574.51	535.48	562.36	426.24	504.55	415.38
	6.04	6.70	4.04	2.81	5.86	0.89
	580.54	542.18	566.40	429.05	510.41	416.26
	533.85	516.62	541.43	436.75	528.15	395.38
	385.86	382.53	372.03	303.42	338.36	304.52
	1.07	0.91	5.59	5.49	14.97	0.48
	28.18	28.09	25.19	20.69	18.72	13.57
	11.69	12.24	16.47	12.55	14.02	4.72
	18.75	18.72	18.77	16.22	14.87	11.96
	99.18	98.43	109.66	45.92	51.40	53.04
	46.69	25.56	24.98	-7.70	-17.74	20.88
	0.00	0.00	0.00	25.61	0.00	0.00
	46.69	25.56	24.98	17.91	-17.74	20.88
	12.47	7.78	8.12	2.27	0.73	6.23
	34.21	17.78	16.86	15.64	-18.47	14.65
	29.56	15.92	16.76	17.01	-9.83	16.10
Key metrics
	77.13	56.52	60.22	46.68	11.15	37.56
	13.43%	10.60%	10.70%	11.00%	2.20%	9.00%
	5.95%	3.30%	3.00%	3.70%	-3.70%	3.50%
	—	10.40%	11.40%	—	—	—
	-0.60%	-4.80%	31.90%	-15.50%	21.50%	—
	127.01%	5.50%	7.80%	184.70%	-226.10%	—
	—	37.73	51.94	—	—	—
	—	2.43	3.44	—	—	—
	—	0.47	0.58	—	—	—
	—	138.61	161.05	—	—	—
	—	88.1	80.4	—	—	—
Balance sheet
	—	603.01	589.96	—	—	—
	—	299.50	274.89	—	—	—
	—	2.17	3.72	—	—	—
	—	137.67	147.66	—	—	—
	—	124.86	86.78	—	—	—
	—	31.49	33.31	—	—	—
	—	263.88	276.62	—	—	—
	—	133.22	110.41	—	—	—
	—	239.98	226.57	—	—	—
	—	140.78	164.77	—	—	—
	—	99.31	107.80	—	—	—
	—	41.47	56.97	—	—	—
	—	297.88	282.50	—	—	—
Cash flow
	—	43.24	57.92	—	—	—
	—	-6.78	-5.39	—	—	—
	—	-38.00	-49.49	—	—	—
	—	5.51	5.98	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	135.93	90.74	74.31	72.95	106.13	107.24	93.69	99.46	89.83	83.85	66.97	57.91
	2.21	4.61	1.24	2.58	2.06	1.83	2.61	1.80	1.68	1.77	1.32	1.00
	138.14	95.35	75.55	75.54	108.19	109.07	96.31	101.26	91.52	85.62	68.29	58.92
	115.44	81.62	71.03	70.42	100.35	97.07	89.34	93.09	83.99	80.05	66.89	57.21
	61.39	71.81	52.28	57.99	72.67	62.20	68.86	66.39	58.16	53.21	49.62	39.55
	0.41	0.05	0.59	0.00	0.12	0.00	0.46	1.43	2.77	0.90	1.72	1.93
	2.84	3.55	3.37	2.91	3.00	2.73	3.32	2.68	2.82	2.11	3.03	2.62
	1.26	1.29	1.25	1.00	1.09	1.70	2.08	1.82	1.94	1.70	1.38	1.57
	2.42	2.42	2.49	2.45	2.43	2.48	2.58	2.57	2.54	2.57	2.58	2.59
	20.14	14.25	14.42	15.46	20.22	21.75	11.98	10.81	—	9.74	8.38	7.29
	22.70	13.73	4.52	5.12	7.85	12.00	6.96	8.17	7.53	5.58	1.40	1.70
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	-0.19	—	25.80
	22.70	13.73	4.52	5.12	7.85	12.00	6.96	8.17	7.53	5.38	1.40	27.50
	5.77	3.96	0.98	1.51	2.31	2.77	2.40	2.11	1.88	1.43	1.03	2.79
	16.93	9.77	3.53	3.62	5.53	9.23	4.55	6.06	5.65	3.95	0.37	24.71
	14.37	8.29	3.00	3.07	4.69	7.83	3.86	5.14	4.79	3.35	0.31	20.96
Key metrics
	26.38	17.44	8.26	8.57	11.37	16.18	11.62	12.56	12.01	9.65	5.36	31.66
	19.40%	19.20%	11.10%	11.70%	10.70%	15.10%	12.40%	12.60%	13.40%	11.50%	8.00%	54.70%
	12.50%	10.80%	4.80%	5.00%	5.20%	8.60%	4.90%	6.10%	6.30%	4.70%	0.60%	42.70%
	—	4.60%	—	1.90%	—	4.40%	—	—	—	—	—	—
	28.10%	-15.40%	-20.70%	-26.70%	18.10%	27.90%	39.90%	71.70%	—	—	—	—
	206.10%	5.90%	-22.40%	-40.30%	-2.10%	133.70%	1,129.70%	-75.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	373.93	344.14	390.23	276.58	337.37	405.65
	10.64	10.49	7.93	5.24	5.68	1.66
	384.58	354.63	398.15	281.82	343.04	407.31
	338.51	323.42	363.49	276.73	347.69	375.06
	243.47	254.74	255.62	188.63	207.45	288.63
	1.05	0.76	4.66	5.23	1.06	0.48
	12.67	12.83	11.55	10.04	9.97	10.95
	4.80	4.63	7.54	6.66	8.68	3.25
	9.78	9.79	10.17	10.33	10.01	8.81
	64.27	64.35	78.39	33.73	41.79	47.54
	46.07	31.22	34.66	5.09	-4.64	32.25
	0.00	0.00	0.00	25.61	—	—
	46.07	31.22	34.66	30.70	-4.64	32.25
	12.22	8.76	9.17	4.38	0.06	8.06
	33.85	22.46	25.49	26.33	-4.71	24.19
	28.73	19.05	21.62	22.34	-3.97	20.11
Key metrics
	60.65	45.64	52.37	47.69	14.05	44.31
	16.22%	13.30%	13.40%	17.20%	4.20%	10.90%
	9.05%	6.50%	6.50%	9.50%	-1.40%	6.00%
	—	11.00%	13.50%	—	—	—
	-8.02%	-11.80%	41.10%	-18.00%	-16.80%	—
	33.43%	-11.90%	-3.20%	659.00%	-119.50%	—
	—	13.45	49.85	—	—	—
	—	0.69	1.99	—	—	—
	—	0.23	0.20	—	—	—
	—	70.68	53.48	—	—	—
	—	96.4	71.7	—	—	—
Balance sheet
	—	480.32	438.64	—	—	—
	—	192.14	170.23	—	—	—
	—	0.26	3.62	—	—	—
	—	86.45	96.19	—	—	—
	—	85.20	53.68	—	—	—
	—	18.05	14.59	—	—	—
	—	104.21	112.05	—	—	—
	—	80.76	73.28	—	—	—
	—	154.63	126.45	—	—	—
	—	70.94	57.10	—	—	—
	—	70.94	50.87	—	—	—
	—	0.00	6.23	—	—	—
	—	306.87	286.96	—	—	—
Cash flow
	—	15.48	50.84	—	—	—
	—	-26.27	-7.26	—	—	—
	—	7.43	-40.32	—	—	—
	—	2.03	0.99	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +0.66%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -8.02%
Profit YoY (TTM): +33.43%

Consolidated

Sales CAGR 3Y: +2.00%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -0.60%
Profit YoY (TTM): +127.01%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 67.07%

Quarter	September 2026	June 2026
Promoter %	67.07%	66.99%

Holder	Type	Holding	Previous	Change
MRUGESH JAYKRISHNA FAMILY TRUST - I	Promoter	43.93%	43.93%	0.00%
GOKUL M. JAYKRISHNA FAMILY TRUST	Promoter	22.47%	22.47%	0.00%
DIC CORPORATION	Public	7.34%	7.34%	0.00%
ARJUN GOKUL JAYKRISHNA	Promoter	0.42%	0.34%	+0.08%
GOKUL M. JAYKRISHNA HUF	Promoter	0.17%	0.17%	0.00%
GOKUL MRUGESH JAYKRISHNA	Promoter	0.08%	0.08%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Sudarshan Chemical Indus. Ltd.	8,524	1,070.60	95.56	4.30%	+90.13% TTM	+4.06% TTM	-7.78%
KIRI INDUSTRIES LIMITED	3,411	523.35	0.58	89.10%	+10.71% TTM	+3,100.78% TTM	-2.89%
Bodal Chemicals Ltd	2,139	169.80	14.84	8.30%	+44.89% TTM	+306.66% TTM	+178.36%
Shree Pushkar Chemicals & Fertilisers Limited	1,926	595.60	21.50	13.10%	+21.62% TTM	+25.09% TTM	+51.19%
Bhageria Industries Limited	1,545	354.10	13.82	9.10%	+75.45% TTM	+128.86% TTM	+65.62%
Ultramarine & Pigments Ltd.	1,066	365.05	11.56	11.70%	+15.56% TTM	+17.19% TTM	-18.19%
Sudarshan Colorants India Limited S	875	378.95	15.72	10.00%	+6.26% TTM	-9.11% TTM	-25.40%
Asahi Songwon Colors Ltd.	437	371.15	12.79	10.40%	-0.60% TTM	+127.01% TTM	+31.82%
AksharChem (India) Ltd. S	293	364.80	10.19	0.80%	+32.59% TTM	+1,396.88% TTM	+38.58%
Poddar Pigments Ltd. S	263	248.00	17.78	5.80%	+4.50% TTM	-17.19% TTM	-9.82%
HINDPRAKASH INDUSTRIES LIMITED S	134	117.70	38.34	10.60%	+1.82% TTM	+137.16% TTM	-16.52%

Filings & corporate actions

Recent announcements

Asahi Songwon Colors Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve Unaudited Financial Results ....4 Nov 2026 · Board Meeting / Board Meeting
Asahi Songwon Colors Limited has informed the Exchange about Certificate under Reg. 74(5) of SEBI (DP) Regulations, 201810 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Asahi Songwon Colors Limited has informed the exchange of the voting results of the AGM of the Company along with Scrutinizer report.2 Oct 2026 · AGM/EGM / AGM
Asahi Songwon Colors Limited has informed the exchange about the proceeding and outcome of the 36th Annual General Meeting of the members of the Company held on September 30, 2026.30 Sep 2026 · AGM/EGM / AGM
Asahi Songwon Colors Limited has informed the exchange about the closure of trading window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Asahi Songwon Colors Limited has informed the Exchange about the Newspaper Publication.7 Sep 2026 · Company Update / Newspaper Publication
Asahi Songwon Colors Limited has informed the Exchange of the Annual Report 2025-2026.5 Sep 2026 · Others / Reg. 34 (1) Annual Report
Asahi Songwon Colors Limited has informed the Exchange intimation regarding dispatch of letter to those shareholder whose e-mail address are not registered for Annual Report of FY 2025-265 Sep 2026 · AGM/EGM / AGM
Asahi Songwon Colors Limited has informed the Exchange about record date for payment of final dividend.5 Sep 2026 · Corp. Action / Record Date
Asahi Songwon Colors Limited has informed the Exchange about the Notice of 36th Annual General Meeting.5 Sep 2026 · AGM/EGM / AGM
Asahi Songwon Colors Limited has informed the Exchange about the voting results of Extra-ordinary general meeting held on August 25, 2026 along with scrutinizer report.26 Aug 2026 · AGM/EGM / EGM
Asahi Songwon Colors Limited has informed the Exchange about the proceeding and outcome of Extra Ordinary General Meeting held on August 25, 2026.25 Aug 2026 · AGM/EGM / EGM
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arjun Gokul Jaykrishna & PACs12 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Asahi Songwon Colors Limited has informed the Exchange about the Press release dated August 05, 2026.5 Aug 2026 · Company Update / Press Release / Media Release
Asahi Songwon Colors Limited has informed the Exchange about the Newspaper Publication.5 Aug 2026 · Company Update / Newspaper Publication
Asahi Songwon Colors Limited has informed the Exchange about Notice of Extra Ordinary General Meeting of the Company on Tuesday, August 25, 2026 at 11.30 am.31 Jul 2026 · AGM/EGM / EGM
Asahi Songwon Colors Limited has informed the Exchange of the Newspaper Publication of the extract of the unaudited standalone and consolidated financial results of the Company for the ....30 Jul 2026 · Company Update / Newspaper Publication
Asahi Songwon Colors Limited has informed the Exchange about the Appointment of Mr. Sanjay Srivastava as an Additional Director (Non Executive Independent Director) of the Company w.e.f. ....29 Jul 2026 · Company Update / Change in Management
Asahi Songwon Colors Limited has informed the Exchange about Unaudited Financial Results for the quarter ended June 30, 2026.29 Jul 2026 · Result / Financial Results
Asahi Songwon Colors Limited has informed about the outcome of Board Meeting.29 Jul 2026 · Board Meeting / Outcome of Board Meeting
Asahi Songwon Colors Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve Unaudited Standalone and ....21 Jul 2026 · Board Meeting / Board Meeting
Asahi Songwon Colors Limited has informed the Exchange about Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018.15 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Asahi Songwon Colors Limited has informed Exchange about appointment of Mr. Maulik P. Shah as the Chief Financial Officer (CFO) and Key Managerial Personnel of the Company with effect from ....7 Jul 2026 · Company Update / Change in Management
Asahi Songwon Colors Limited has informed the Exchange about the Outcome of Board Meeting held on July 07, 2026.7 Jul 2026 · Others / Outcome without intimation
Asahi Songwon Colors Limited has informed the Exchange about voting results and Scrutinizers Report.30 Jun 2026 · AGM/EGM / Postal Ballot
Asahi Songwon Colors Limited has informed the Exchange regarding outcome of Postal Ballot.30 Jun 2026 · AGM/EGM / Postal Ballot
Asahi Songwon Colors Limited has informed the exchange of closure of trading window.26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Asahi Songwon Colors Limited has submitted to the exchange additional details in relation to the Corporate Announcement filed pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 ....17 Jun 2026 · Company Update / Resignation of Chief Executive Officer (CEO)
Asahi Songwon Colors Limited has informed the Exchange of the transcript of the Earning Call.4 Jun 2026 · Company Update / Earnings Call Transcript
Asahi Songwon Colors Limited has informed the exchange that the recording of Company''s earnings conference call on financial performance of Q4FY26 with investors and analysts held today ....1 Jun 2026 · Company Update / Analyst / Investor Meet
Asahi Songwon Colors Limited has informed the Exchange of Investor Presentation of the Company for Q4FY26.30 May 2026 · Company Update / Investor Presentation
Asahi Songwon Colors Limited has informed the Exchange of Press Release on Audited Financial Results for the year ended March 31, 2026.30 May 2026 · Company Update / Press Release / Media Release
Asahi Songwon Colors Limited has informed the Exchange of Newspaper Publication containing the extract of information relating to the Postal Ballot Notice circulated to shareholders.30 May 2026 · Company Update / Newspaper Publication
Asahi Songwon Colors Limited informed the Exchange of Annual Secretarial Compliance Report for the financial year ended March 31, 202630 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Asahi Songwon Colors Limited has informed the Exchange regarding a conference call with the management of the Company is schedule to be held on Monday, June 01, 2026 at 10:00 am to discuss ....28 May 2026 · Company Update / Analyst / Investor Meet
Asahi Sognwon Colors Limited has informed the Exchange about Publication of Audit Financial Results in the newspaper.28 May 2026 · Company Update / Newspaper Publication
Asahi Songwon Colors Limited has informed the Exchange about Publication of information regarding Postal Ballot Notice.28 May 2026 · Company Update / Newspaper Publication
Asahi Songwon Colors Limited has informed the Exchange regarding the Notice of Postal Ballot.27 May 2026 · AGM/EGM / Postal Ballot
Asahi Songwon Colors Limited has informed the Exchange regarding Resignation of Mr. Gokul M. Jaykrishna as CEO of the Company. He shall continue as Managing Director of the Company.26 May 2026 · Company Update / Resignation of Chief Executive Officer (CEO)
Asahi Songwon Colors Limited has informed the Exchange that Board has approved 1. Reappointment of Mrs. Paru M. Jaykrishna as Chairperson and Managing Director of the Company. 2. Reappointment ....26 May 2026 · Company Update / Change in Management

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.5000	23 Sep 2026	23 Sep 2026	—
Final Dividend - Rs. - 1.5000	4 Sep 2025	5 Sep 2025	—
Final Dividend - Rs. - 0.5000	20 Sep 2024	—	—

Board meetings

29 Jul 2026 Board Meeting - Financial Results