Results - Announcements
Asahi Songwon Colors Ltd share price slipped 1.70% to Rs 367.85. The Company's net profit saw a strong growth of 75.88% to Rs 19.03 crore, while revenue from operations increased sharply by 31.14% to Rs 188.91 crore in Q1FY27 over Q1FY26.
The market capitalization of Dyes And Pigments industry group stocks on BSE stood at Rs 17752.72 crore, rising by 13.10%. It has marginally improved by 4.70% over last one week and soared by 20.70% in last one month while the market capitalization of Asahi Songwon Colors Ltd has remained flat and 1% in the same period respectively.
Profit before tax (PBT) of Asahi Songwon Colors Ltd stood at Rs 25.35 crore in Q1 FY27, surging by 499.29% year-on-year, and rallying 68.21% quarter-on-quarter. EBITDA came in at Rs 31 crore, jumping 241.14% YoY and expanding by 93.45% sequentially.
Total expenses witnessed a sharp rise of 25.23% to Rs 161.77 crore in Q1FY27 over Q1FY26. During the quarter, cost of materials consumed stood at Rs 102.15 crore, slightly declining by 2.80% YoY, while employee benefits expense was at Rs 6.75 crore, contracting 7.02% YoY.
For FY26, revenue from operations softened by 4.78% to Rs 535.48 crore, while net profit saw a mild growth of 5.46% to Rs 17.78 crore, compared to previous FY. EBITDA surged by 5108% to Rs 43.12 crore, and PBT inched up 2.32% to Rs 25.56 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 43.24 crore in FY26, as against Rs 57.92 crore in FY25.
Asahi Songwon Colors Ltd soared by 44.25% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.37% during the same period.