Results - Announcements
Asahi Songwon Colors Ltd share price declined by 2.58% to Rs 358.35 after the company's net profit plunged by 21.76% to Rs 14.89 crore, while revenue from operations slightly gained 6.59% to Rs 201.36 crore in Q2FY27 over Q2FY26.
The market capitalization of Dyes And Pigments industry group stocks on BSE stood at Rs 17752.72 crore, advancing by 12.29%. It has inched up 6.63% over last one week and spiked sharply by 20.81% in last one month while the market capitalization of Asahi Songwon Colors Ltd has slipped by 2.10% and 1.60% in the same period respectively.
Profit before tax (PBT) of Asahi Songwon Colors Ltd stood at Rs 20.01 crore in Q2 FY27, surging by 454.29% year-on-year, and nosediving by 21.07% quarter-on-quarter. EBITDA came in at Rs 23 crore, rallying 188.27% YoY and tanking 27.12% sequentially.
Total expenses increased by 12.04% to Rs 181.25 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 137.8 crore, witnessing a sharp rise of 34.90% YoY, while employee benefits expense was at Rs 6.67 crore, registering a marginal contraction of 1.19% YoY.
For FY26, revenue from operations eased 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 soared by 5108% to Rs 43.12 crore, and PBT saw a minor gain of 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 surged by 36.31% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.03% during the same period.