Asahi Songwon Colors Ltd

About Asahi Songwon Colors Ltd

Asahi Songwon Colors Ltd is a leading Indian manufacturer of various pigments and dyes. The company specializes in Phthalocyanine pigments, organic pigments, and specialty dyes. It serves a wide range of industries including paints, plastics, inks, and textiles, maintaining a strong presence in both domestic and international markets.

Key Financial Ratios of Asahi Songwon Colors Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Asahi Songwon Colors Ltd's P/E ratio (TTM) is 19.74, compared to the industry median of 18.77 and large cap median of 18.77.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Asahi Songwon Colors Ltd's P/B ratio is 1.64, compared to the industry median of 1.77 and large cap median of 1.77.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Asahi Songwon Colors Ltd's P/S ratio is 0.80, compared to the industry median of 0.90 and large cap median of 0.90.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Asahi Songwon Colors Ltd's PEG ratio is -2.17.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Asahi Songwon Colors Ltd's EV/EBITDA ratio is 8.21.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Asahi Songwon Colors Ltd's ROE is 6.62%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Asahi Songwon Colors Ltd's ROA is 8.29%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Asahi Songwon Colors Ltd's ROCE is 8%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Asahi Songwon Colors Ltd's operating margin is 9.35%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Asahi Songwon Colors Ltd's net margin is 3.36%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Asahi Songwon Colors Ltd's current ratio is 1.09.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Asahi Songwon Colors Ltd's debt-to-equity ratio is 0.16.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Asahi Songwon Colors Ltd's interest coverage ratio is 3.17.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Asahi Songwon Colors Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Asahi Songwon Colors Ltd's EPS is -5.01.

(Source line: "Ratios as of 30 Jul 2026, based on last traded price of ₹376.10. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1990 (as Songwon Organics Limited)

• Headquarters: Ahmedabad, Gujarat

• Core Offerings: Phthalocyanine Pigments (CPC Crude, Alpha Blue, Beta Blue), Organic Pigments, Specialty Dyes, Pigment Intermediates

• Stock Listing: NSE (ASAHISONG), BSE (532853)

• Promoter: The Parikh Family (Gokul M. Parikh, Arjun Parikh)

History of Asahi Songwon Colors Ltd

Incorporated in 1990 as Songwon Organics Limited, the company was initially focused on pigment manufacturing. In 1996, its name was changed to Asahi Songwon Colors Ltd. Over the years, it expanded its product portfolio and production capacities, particularly in CPC pigments. A key milestone was the acquisition of Atlas Dyechem Private Limited in 2021, which significantly strengthened its position in the dyes and pigment intermediates segment.

Business Segments and Revenue Mix

• Pigments: Focuses on manufacturing a diverse range of Phthalocyanine pigments including CPC Crude, Alpha Blue, and Beta Blue, as well as various organic pigments. These products find applications in industries such as paints, inks, plastics, and textiles globally.

• Dyes & Dyes Intermediates: This segment, significantly bolstered by the Atlas Dyechem acquisition, is engaged in the production of specialty dyes and intermediates primarily catering to the textile industry and other allied sectors.

Key Personnel

Gokul M. Parikh - Chairman & Managing Director: A veteran with over three decades of experience in the chemical industry, he provides strategic direction and oversees the company's overall operations and growth initiatives. Arjun Parikh - Whole-time Director & CEO: Responsible for the day-to-day management and execution of the company's strategic plans, driving operational efficiency and market expansion.

Subsidiaries and Associate Companies

• Atlas Dyechem Private Limited (wholly-owned subsidiary)

Corporate Actions

Acquisition of Atlas Dyechem Private Limited (2021) to enhance product portfolio in dyes and intermediates. No major recent bonus or rights issues on record.

References

1. Annual Report FY23 2. Exchange Filings (NSE/BSE) 3. Company Website 4. Latest Financial Results Announcement