Income Statement Ashapuri Gold Ornament Limited

Stocks

AGOL

INE05FR01029

Apparel & Accessories

Delayed Bombay S.E. 04:27:46 2026-08-31 EDT			5-day change	1st Jan Change
3.980 ^INR	-0.75%		-0.50%	-29.95%

08-14	Ashapuri Gold Ornament Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-29	Ashapuri Gold Ornament Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

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Published financial data: ASHAPURI GOLD ORNAMENT LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Revenues	1.18B	1.64B	1.58B	1.65B	3.17B
Total Revenues	1.18B	1.64B	1.58B	1.65B	3.17B
Cost of Goods Sold, Total	1.05B	1.51B	1.45B	1.45B	2.84B
Gross Profit	130M	127M	133M	197M	327M
Selling General & Admin Expenses, Total	18.9M	31.11M	42.74M	47.79M	76.26M
Depreciation & Amortization - (IS)	5.45M	11.16M	10.43M	9.32M	7.56M
Other Operating Expenses	71.73M	43.28M	54.05M	53.11M	81.02M
Other Operating Expenses, Total	96.07M	85.55M	107M	110M	165M
Operating Income	33.5M	41.2M	26.09M	86.94M	163M
Interest Expense, Total	-199K	-1.25M	-3.37M	-4.46M	-3.51M
Interest And Investment Income	262K	55K	925K	2.19M	379K
Net Interest Expenses	63.23K	-1.2M	-2.44M	-2.27M	-3.13M
Currency Exchange Gains (Loss)	-	-	139K	4.11M	1.73M
Other Non Operating Income (Expenses)	-	627K	5K	-	-
EBT, Excl. Unusual Items	33.56M	40.64M	23.79M	88.78M	161M
Gain (Loss) On Sale Of Investments	-	434K	184K	2.21M	2K
Gain (Loss) On Sale Of Assets	432K	-	18K	9.35M	-
Insurance Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	33.99M	41.07M	23.99M	100M	161M
Income Tax Expense	8.49M	10.37M	6.12M	26.08M	40.87M
Earnings From Continuing Operations	25.5M	30.7M	17.87M	74.27M	120M
Net Income to Company	25.5M	30.7M	17.87M	74.27M	120M
Net Income - (IS)	25.5M	30.7M	17.87M	74.27M	120M
Net Income to Common Incl Extra Items	25.5M	30.7M	17.87M	74.27M	120M
Net Income to Common Excl. Extra Items	25.5M	30.7M	17.87M	74.27M	120M
Per Share Items
Net EPS - Basic	0.12	0.12	0.07	0.3	0.38
Basic EPS - Continuing Operations	0.12	0.12	0.07	0.3	0.38
Basic Weighted Average Shares Outstanding	216M	250M	250M	250M	317M
Net EPS - Diluted	0.1	0.12	0.07	0.3	0.38
Diluted EPS - Continuing Operations	0.1	0.12	0.07	0.3	0.38
Diluted Weighted Average Shares Outstanding	252M	250M	250M	250M	317M
Normalized Basic EPS	0.1	0.1	0.06	0.22	0.32
Normalized Diluted EPS	0.08	0.1	0.06	0.22	0.32
Supplemental Items
EBITDA	38.94M	52.24M	36.4M	96.14M	170M
EBITA	33.56M	41.2M	26.09M	86.94M	163M
EBIT	33.5M	41.2M	26.09M	86.94M	163M
EBITDAR	44.45M	58.66M	42.44M	107M	182M
Total Revenues (As Reported)	1.18B	1.64B	1.58B	1.67B	3.17B
Effective Tax Rate - (Ratio)	24.98	25.25	25.53	25.99	25.35
Total Current Taxes	8.55M	10.66M	6.65M	25.09M	44.99M
Total Deferred Taxes	-59.61K	-288K	-525K	986K	-4.12M
Normalized Net Income	20.97M	25.4M	14.87M	55.49M	101M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	120K	39K	45K	805K	875K
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	120K	39K	45K	805K	875K
Net Rental Expense, Total	5.51M	6.42M	6.04M	10.65M	11.77M
Imputed Operating Lease Interest Expense	4.36M	2.86M	2.9M	8.71M	28.08M
Imputed Operating Lease Depreciation	1.15M	3.55M	3.14M	1.94M	-16.31M
Maintenance & Repair Expenses, Total	614K	595K	884K	804K	1.47M

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Assets
Cash And Equivalents	30.65M	4.94M	1.4M	636K	4.74M
Total Cash And Short Term Investments	30.65M	4.94M	1.4M	636K	4.74M
Accounts Receivable, Total	103M	206M	153M	297M	219M
Notes Receivable	-	10.56M	3.58M	1.97M	1.6M
Total Receivables	103M	217M	156M	299M	221M
Inventory	354M	522M	623M	537M	1.07B
Prepaid Expenses	-	345K	2.06M	240K	472K
Other Current Assets, Total	212M	24.19M	25.64M	30.71M	82.06M
Total Current Assets	699M	768M	808M	868M	1.37B
Gross Property Plant And Equipment	94.12M	97.46M	102M	86.41M	-
Accumulated Depreciation	-15.04M	-16.04M	-26.34M	-28.81M	-
Net Property Plant And Equipment	79.09M	81.43M	75.31M	57.6M	56.33M
Long-term Investments	5.32M	7.67M	6.45M	7.4M	79.65M
Other Intangibles, Total	553K	533K	505K	1.2M	825K
Deferred Tax Assets Long-Term	673K	961K	1.49M	500K	4.62M
Other Long-Term Assets, Total	17.69M	15.14M	15.1M	20.08M	17.11M
Total Assets	803M	874M	907M	954M	1.53B
Liabilities
Accounts Payable, Total	-	1.26M	2.26M	1.77M	7.2M
Accrued Expenses, Total	8.05M	2.31M	998K	1.36M	1.63M
Short-term Borrowings	-	42.92M	66.94M	16.89M	4.75M
Current Portion of Long-Term Debt	1.13M	375K	680K	735K	590K
Current Income Taxes Payable	8.55M	10.66M	6.65M	25.01M	44.99M
Other Current Liabilities	7.91M	9.26M	2.97M	8.51M	6.24M
Total Current Liabilities	25.64M	66.77M	80.5M	54.28M	65.4M
Long-Term Debt	383K	-	1.32M	590K	-
Total Liabilities	26.03M	66.77M	81.82M	54.87M	65.4M
Common Stock, Total	250M	250M	250M	250M	333M
Additional Paid In Capital	493M	492M	492M	492M	872M
Retained Earnings	34.05M	65.25M	83.12M	157M	280M
Comprehensive Income and Other	-	-	-	-	-19.05M
Total Common Equity	777M	807M	825M	900M	1.47B
Total Equity	777M	807M	825M	900M	1.47B
Total Liabilities And Equity	803M	874M	907M	954M	1.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	250M	250M	250M	250M	333M
ECS Total Common Shares Outstanding	250M	250M	250M	250M	333M
Book Value / Share	3.11	3.23	3.3	3.6	4.4
Tangible Book Value	776M	807M	825M	898M	1.47B
Tangible Book Value Per Share	3.11	3.23	3.3	3.59	4.4
Total Debt	1.51M	43.29M	68.94M	18.22M	5.34M
Net Debt	-29.14M	38.35M	67.55M	17.58M	599K
Debt Equivalent Oper. Leases	44.08M	51.32M	48.32M	85.19M	94.14M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	354M	522M	623M	537M	1.07B
Land - (BS)	-	16.11M	16.11M	16.11M	-
Buildings, Total	62.27M	45.74M	45.79M	28.54M	-
Machinery, Total	31.85M	35.61M	39.74M	41.76M	-
Full Time Employees	-	62	64	64	88

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Net Income	25.5M	30.7M	17.87M	74.27M	120M
Depreciation & Amortization - CF	5.38M	11.04M	10.32M	9.19M	7.56M
Amortization of Goodwill and Intangible Assets - (CF)	63.78K	-	-	-	-
Depreciation & Amortization, Total	5.45M	11.04M	10.32M	9.19M	7.56M
Amortization of Deferred Charges, Total - (CF)	-	120K	111K	130K	-
(Gain) Loss From Sale Of Asset	-432K	-	-18K	-9.35M	-
Other Operating Activities, Total	-149K	5.16M	-2.14M	23.11M	18.96M
Change In Accounts Receivable	812K	-104M	53.57M	-144M	77.61M
Change In Inventories	-81.51M	-168M	-101M	85.75M	-528M
Change In Accounts Payable	-7M	186K	1M	-490K	5.43M
Change in Other Net Operating Assets	-191M	172M	-3.76M	9.1M	-59.06M
Cash from Operations	-248M	-51.67M	-23.76M	47.44M	-357M
Capital Expenditure	-57.15M	-13.48M	-4.26M	-2.95M	-5.92M
Sale of Property, Plant, and Equipment	3.7M	-	-	20M	-
Investment in Marketable and Equity Securities, Total	23.74M	-2.34M	1.22M	-12.22M	-80.03M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-3.36M	-	-	-	-
Other Investing Activities, Total	-14.15M	-50K	902K	2.15M	379K
Cash from Investing	-47.21M	-15.87M	-2.14M	6.98M	-85.57M
Short Term Debt Issued, Total	-	43.29M	24.33M	-	-
Long-Term Debt Issued, Total	-	-	1.32M	-	-
Total Debt Issued	-	43.29M	25.66M	-	-
Short Term Debt Repaid, Total	-	-	-	-49.99M	-12.29M
Long-Term Debt Repaid, Total	-1.09M	-383K	-	-735K	-590K
Total Debt Repaid	-1.09M	-383K	-	-50.73M	-12.88M
Issuance of Common Stock	302M	-	-	-	463M
Other Financing Activities, Total	89.42K	-1.08M	-3.29M	-4.42M	-3.48M
Cash from Financing	301M	41.83M	22.36M	-55.14M	447M
Net Change in Cash	5.18M	-25.71M	-3.54M	-722K	4.1M
Supplemental Items
Cash Interest Paid	173K	1.08M	3.29M	4.42M	3.48M
Cash Income Tax Paid (Refund)	8.55M	8.55M	10.66M	7.68M	25.01M
Levered Free Cash Flow	-309M	-73.09M	-33.57M	21.55M	-377M
Unlevered Free Cash Flow	-309M	-72.31M	-31.46M	24.34M	-375M
Change In Net Working Capital	279M	95.74M	53.93M	36.37M	478M
Net Debt Issued / Repaid	-1.09M	42.91M	25.66M	-50.73M	-12.88M

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Profitability
Return on Assets	3.25	3.07	1.83	5.84	8.18
Return on Total Capital	3.4	3.16	1.87	6	8.51
Return On Equity %	4.16	3.88	2.19	8.61	10.17
Return on Common Equity	4.16	3.88	2.19	8.61	10.17
Margin Analysis
Gross Profit Margin %	11.02	7.74	8.44	11.94	10.32
SG&A Margin	1.61	1.9	2.7	2.9	2.4
EBITDA Margin %	3.31	3.19	2.3	5.82	5.37
EBITA Margin %	2.86	2.51	1.65	5.27	5.13
EBIT Margin %	2.85	2.51	1.65	5.27	5.13
Income From Continuing Operations Margin %	2.17	1.87	1.13	4.5	3.79
Net Income Margin %	2.17	1.87	1.13	4.5	3.79
Net Avail. For Common Margin %	2.17	1.87	1.13	4.5	3.79
Normalized Net Income Margin	1.78	1.55	0.94	3.36	3.18
Levered Free Cash Flow Margin	-26.33	-4.46	-2.12	1.31	-11.9
Unlevered Free Cash Flow Margin	-26.32	-4.41	-1.99	1.47	-11.83
Asset Turnover
Asset Turnover	1.83	1.95	1.77	1.77	2.55
Fixed Assets Turnover	21.38	20.42	20.16	24.84	55.68
Receivables Turnover (Average Receivables)	11.39	10.6	8.8	7.34	12.28
Inventory Turnover (Average Inventory)	3.34	3.45	2.53	2.51	3.55
Short Term Liquidity
Current Ratio	27.28	11.51	10.04	15.98	21
Quick Ratio	5.2	3.16	1.92	5.48	3.43
Operating Cash Flow to Current Liabilities	-9.68	-0.77	-0.3	0.87	-5.46
Days Sales Outstanding (Average Receivables)	32.05	34.43	41.48	49.87	29.72
Days Outstanding Inventory (Average Inventory)	109.41	105.79	144.42	146.02	102.8
Average Days Payable Outstanding	-	0.25	0.41	0.54	0.49
Cash Conversion Cycle (Average Days)	-	139.98	185.48	195.35	132.03
Long Term Solvency
Total Debt/Equity	0.19	5.36	8.35	2.03	0.36
Total Debt / Total Capital	0.19	5.09	7.71	1.98	0.36
LT Debt/Equity	0.05	-	0.16	0.07	-
Long-Term Debt / Total Capital	0.05	-	0.15	0.06	-
Total Liabilities / Total Assets	3.24	7.64	9.02	5.75	4.27
EBIT / Interest Expense	168.17	32.96	7.74	19.51	46.29
EBITDA / Interest Expense	195.51	41.79	10.81	21.57	48.45
(EBITDA - Capex) / Interest Expense	-91.38	31.01	9.54	20.91	46.76
Total Debt / EBITDA	0.04	0.83	1.89	0.19	0.03
Net Debt / EBITDA	-0.75	0.73	1.86	0.18	0
Total Debt / (EBITDA - Capex)	-0.08	1.12	2.15	0.2	0.03
Net Debt / (EBITDA - Capex)	1.6	0.99	2.1	0.19	0
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.52	39.39	-3.57	4.47	92.16
Gross Profit, 1 Yr. Growth %	47.89	-2.08	5.17	47.91	66.09
EBITDA, 1 Yr. Growth %	1.14K	34.32	-30.31	164.08	72.37
EBITA, 1 Yr. Growth %	-5.31K	22.96	-36.68	233.26	81.89
EBIT, 1 Yr. Growth %	-4.8K	22.96	-36.68	233.26	81.89
Earnings From Cont. Operations, 1 Yr. Growth %	438.46	20.38	-41.8	315.69	56.92
Net Income, 1 Yr. Growth %	438.46	20.38	-41.8	315.69	56.92
Normalized Net Income, 1 Yr. Growth %	-16.1K	21.08	-41.46	273.21	76.75
Diluted EPS Before Extra, 1 Yr. Growth %	359.09	20.38	-42.19	324.41	26.67
Accounts Receivable, 1 Yr. Growth %	-0.78	100.73	-25.96	94.42	-26.13
Inventory, 1 Yr. Growth %	29.88	47.36	19.29	-13.77	98.36
Net Property, Plant and Equip., 1 Yr. Growth %	156.01	2.96	-7.51	-23.52	-2.19
Total Assets, 1 Yr. Growth %	65.99	8.89	3.77	5.22	60.53
Tangible Book Value, 1 Yr. Growth %	72.71	3.95	2.22	8.92	63.18
Common Equity, 1 Yr. Growth %	72.71	3.95	2.21	9	63.05
Cash From Operations, 1 Yr. Growth %	1.31K	-79.41	-54.01	-299.67	-853.89
Capital Expenditures, 1 Yr. Growth %	576.17	-74.78	-68.38	-30.69	100.24
Levered Free Cash Flow, 1 Yr. Growth %	982.04	-76.09	-54.07	-164.2	-1.74K
Unlevered Free Cash Flow, 1 Yr. Growth %	987.15	-76.34	-56.49	-177.35	-1.55K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.45	16.57	15.94	0.37	41.69
Gross Profit, 2 Yr. CAGR %	69.07	20.28	1.48	24.72	56.73
EBITDA, 2 Yr. CAGR %	95.22	308.12	-3.25	35.66	116.22
EBITA, 2 Yr. CAGR %	89.12	699.65	-11.76	45.26	149.68
EBIT, 2 Yr. CAGR %	88.94	660.14	-11.76	45.26	149.68
Earnings From Cont. Operations, 2 Yr. CAGR %	158.5	154.6	-16.3	55.54	159.56
Net Income, 2 Yr. CAGR %	158.5	154.6	-16.3	55.54	159.56
Normalized Net Income, 2 Yr. CAGR %	154.55	1.29K	-15.81	47.81	160.34
Diluted EPS Before Extra, 2 Yr. CAGR %	105.14	136.26	-16.58	55.54	132.99
Accounts Receivable, 2 Yr. CAGR %	70.73	41.12	21.91	19.98	19.85
Inventory, 2 Yr. CAGR %	27.9	38.35	32.59	1.42	30.79
Net Property, Plant and Equip., 2 Yr. CAGR %	71.36	62.35	-2.42	-15.89	-13.51
Total Assets, 2 Yr. CAGR %	31.21	34.44	6.3	4.49	29.96
Tangible Book Value, 2 Yr. CAGR %	31.59	33.99	3.08	5.52	33.32
Common Equity, 2 Yr. CAGR %	31.59	33.99	3.08	5.55	33.31
Cash From Operations, 2 Yr. CAGR %	-	71.11	-69.23	-4.18	287.82
Capital Expenditures, 2 Yr. CAGR %	-	26.28	-71.76	-53.18	17.81
Levered Free Cash Flow, 2 Yr. CAGR %	-	59.87	-66.87	-45.7	235.27
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	59.42	-67.91	-41.99	245.3
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	35.81	22.93	9.43	11.98	24.63
Gross Profit, 3 Yr. CAGR %	79.46	40.88	15.02	15.06	37.22
EBITDA, 3 Yr. CAGR %	83.54	72.27	126.41	35.21	48.24
EBITA, 3 Yr. CAGR %	83.14	63.76	243.38	37.41	58.04
EBIT, 3 Yr. CAGR %	83.02	63.76	231.97	37.41	58.04
Earnings From Cont. Operations, 3 Yr. CAGR %	226.9	100.37	55.67	42.8	57.68
Net Income, 3 Yr. CAGR %	226.9	100.37	55.67	42.8	57.68
Normalized Net Income, 3 Yr. CAGR %	215.16	98.71	384.1	38.3	58.31
Diluted EPS Before Extra, 3 Yr. CAGR %	108.77	72.32	47.78	42.8	45.72
Accounts Receivable, 3 Yr. CAGR %	115.02	80.19	13.82	42.43	2.07
Inventory, 3 Yr. CAGR %	41.15	34.09	31.68	14.87	26.84
Net Property, Plant and Equip., 3 Yr. CAGR %	131.39	44.6	34.59	-10.03	-11.56
Total Assets, 3 Yr. CAGR %	76.74	23.31	23.32	5.94	20.57
Tangible Book Value, 3 Yr. CAGR %	127.38	21.65	22.43	4.99	22.02
Common Equity, 3 Yr. CAGR %	127.43	21.64	22.43	5.01	22.02
Cash From Operations, 3 Yr. CAGR %	132.28	-	10.42	-42.61	90.53
Capital Expenditures, 3 Yr. CAGR %	109.71	-	-20.4	-61.91	-24
Levered Free Cash Flow, 3 Yr. CAGR %	237.43	-	5.49	-58.69	72.83
Unlevered Free Cash Flow, 3 Yr. CAGR %	206.06	-	3.41	-56.98	73.11
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	16.14	34.45	27.48	13.36	21.34
Gross Profit, 5 Yr. CAGR %	30.74	41.36	42.84	34.18	30.17
EBITDA, 5 Yr. CAGR %	45.08	64.7	42.03	56.57	122.28
EBITA, 5 Yr. CAGR %	45.14	61.54	36.71	56.09	202.28
EBIT, 5 Yr. CAGR %	45.08	61.54	36.71	56.09	196.22
Earnings From Cont. Operations, 5 Yr. CAGR %	108.97	138.6	89.56	81.06	90.99
Net Income, 5 Yr. CAGR %	108.97	138.6	89.56	81.06	90.99
Normalized Net Income, 5 Yr. CAGR %	105.44	139.1	85.88	76.53	277.73
Diluted EPS Before Extra, 5 Yr. CAGR %	45.06	79.18	44.94	65.4	76.8
Accounts Receivable, 5 Yr. CAGR %	39.2	170.49	71.36	53.14	16.19
Inventory, 5 Yr. CAGR %	19.72	28.1	37.66	19.92	31.32
Net Property, Plant and Equip., 5 Yr. CAGR %	116.99	136.48	63.81	16.42	12.77
Total Assets, 5 Yr. CAGR %	36.66	41.19	44.22	15.4	25.94
Tangible Book Value, 5 Yr. CAGR %	64.46	65.34	65.7	14.92	26.67
Common Equity, 5 Yr. CAGR %	64.48	65.36	65.72	14.93	26.67
Cash From Operations, 5 Yr. CAGR %	82.24	15.84	3.72	-	82.51
Capital Expenditures, 5 Yr. CAGR %	308.89	264.31	-7.21	-	-6.89
Levered Free Cash Flow, 5 Yr. CAGR %	-	27.74	33.04	-	67.52
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	25.27	23.87	-	67.5