Automotive Stampings and Assemblies LimitedASALCorporate

Auto Ancillaries Latest results: Dec 2023 1 quarters of data

₹420.35

MCap ₹667 Cr

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₹216 Cr

Sales · Dec 2023

₹12 Cr

Operating Profit · Dec 2023

5.7%

OPM % · Dec 2023

₹5 Cr

Net Profit · Dec 2023

₹2.99

EPS · Dec 2023

📝 Automotive Stampings and Assemblies Limited — results explained

Quarter ended December 2023 (Q3 FY24)

Automotive Stampings and Assemblies Limited reported revenue of ₹216 crore for the quarter ended December 2023 (Q3 FY24).

Net profit stood at ₹5 crore. Earnings per share (EPS) came in at ₹2.99.

Operating profit stood at ₹12 crore — an operating margin (OPM) of 5.7%.

Valuation snapshot

At the current price of ₹420.35, ASAL has a market capitalisation of ₹667 crore.

Within the Auto Ancillaries industry, it is the 25th-largest of the 61 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 75.00%, foreign institutional investors (FIIs) 0.09%, public shareholders 24.91% of Automotive Stampings and Assemblies Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹667 Cr

Current Price ?

₹420.4

P/E ?

N/A

Industry P/E ?

22.30

P/B ?

18.52

P/S ?

N/A

P/FCF ?

12.58

Enterprise Value ?

₹791 Cr

EV/EBITDA ?

N/A

PEG ?

N/A

Earnings Yield ?

N/A

Dividend Yield ?

N/A

Profitability & Returns

Sales (TTM) ?

N/A

OPM ?

N/A

Profit after tax (TTM) ?

N/A

EPS (TTM) ?

N/A

ROCE ?

25.0%

ROE ?

N/A

ROA ?

N/A

Growth

Sales — latest qtr ?

₹216 Cr

PAT — latest qtr ?

₹5 Cr

YoY qtr sales growth ?

N/A

YoY qtr profit growth ?

N/A

Sales growth (3y) ?

N/A

Sales growth (5y) ?

N/A

Profit growth (3y) ?

N/A

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹124 Cr

Debt to Equity ?

3.44

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

75.00%

Change in promoter holding ?

0.00%

Pledged percentage ?

N/A

Market

Return 3 months ?

-19.5%

Return 6 months ?

-11.2%

🗓️ Quarterly results (1 quarters · ₹ Cr)

same fiscal quarter as Dec bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Dec 2023	YoY %	QoQ %
Sales	216	—	—
Operating Profit	12	—	—
Other Income	0	—	—
Interest	4	—	—
Depreciation	4	—	—
Profit Before Tax	5	—	—
Net Profit	5	—	—
EPS	2.99	—	—
OPM %	5.7%	—	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	16	16	16	16	+0.0%
Reserves	-43	-23	-7	20	+385.7%
Borrowings	83	105	149	124	-16.8%
Other Liabilities	170	188	137	175	+27.7%
Total Liabilities	226	285	294	335	+13.9%
Fixed Assets	93	115	118	102	-13.6%
CWIP	0	3	0	1	—
Investments	0	0	0	0	—
Other Assets	132	167	176	232	+31.8%
Total Assets	226	285	294	335	+13.9%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	25	31	-7	59	+942.9%
Cash from Investing Activity	-14	-12	-16	-6	+62.5%
Cash from Financing Activity	-12	-20	25	-39	-256.0%
Net Cash Flow	-1	-1	3	15	+400.0%
Free Cash Flow	10	19	-22	53	+340.9%
CFO/OP	70%	63%	-13%	101%	+876.9%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	20	30	43	40	-7.0%
Inventory Days	28	35	35	48	+37.1%
Days Payable	76	81	65	79	+21.5%
Cash Conversion Cycle	-28	-16	13	9	-30.8%
Working Capital Days	-40	-30	-30	-17	+43.3%
ROCE %	41%	46%	24%	25%	+4.2%

👥 Shareholding (latest 5 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	% Chg
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	+0.0%
FIIs	0.00%	0.00%	0.00%	0.00%	0.09%	—
DIIs	0.01%	0.01%	0.01%	0.01%	—	—
Public	24.98%	24.98%	25.00%	24.99%	24.91%	-0.3%
No. of Shareholders	36,856	36,436	34,634	33,571	32,616	-2.8%

⚖️ Peer comparison

Industry: Auto Ancillaries · top 25 of 61 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	MSUMI Motherson Sumi	₹34.50	22,879	36.3	12,391	626	8.7%	5.1%	23.1%	3.0%	36.6%	1.6%
2	ARE&M Amara Raja	₹816.00	14,935	16.2	14,628	922	10.5%	6.3%	7.5%	-5.2%	23.9%	15.9%
3	LUMAXTECH Lumax Auto	₹2,083.70	14,202	66.9	4,055	241	12.9%	5.9%	11.5%	4.9%	25.1%	22.5%
4	VARROC Varroc Engineering	₹876.45	13,392	44.6	8,666	301	9.9%	3.5%	21.0%	33.8%	28.2%	13.6%
5	ASKAUTOLTD ASK Automotive	₹625.00	12,321	38.9	4,643	317	12.3%	6.8%	16.0%	20.2%	52.4%	29.0%
6	BBTC Bombay Burmah	₹1,430.30	9,979	7.0	19,539	2,500	17.6%	12.8%	42.8%	49.8%	6.6%	33.5%
7	BANCOINDIA Banco Products	₹614.85	8,795	17.8	4,110	494	17.3%	12.0%	21.3%	22.6%	22.0%	11.7%
8	PRICOLLTD Pricol	₹710.35	8,658	32.3	4,251	268	11.6%	6.3%	50.1%	50.2%	23.5%	34.3%
9	SSWL Steel Strips	₹411.20	6,467	30.1	5,507	215	10.0%	3.9%	17.0%	-1.2%	27.2%	46.1%
10	SUPRAJIT Suprajit Engineering	₹456.00	6,255	22.9	1,919	273	15.9%	14.2%	-11.4%	14.8%	20.4%	-3.6%
11	LGBBROSLTD LG Balakrishnan	₹1,729.00	5,515	17.3	3,217	319	15.3%	9.9%	19.3%	5.6%	21.6%	0.1%
12	WHEELS Wheels India	₹2,229.00	5,446	33.3	5,690	166	7.6%	2.9%	15.2%	40.3%	17.8%	27.3%
13	LUMAXIND Lumax Industries	₹5,801.00	5,423	28.9	4,485	188	9.7%	4.2%	23.5%	23.7%	32.6%	41.1%
14	SHARDAMOTR Sharda Motor	₹899.85	5,166	15.6	3,652	332	11.6%	9.1%	19.8%	9.7%	33.7%	-13.4%
15	JAMNAAUTO Jamna Auto	₹128.52	5,141	22.0	2,650	233	15.3%	8.8%	15.1%	28.3%	6.7%	6.1%
16	FIEMIND Fiem Industries	₹1,927.90	5,074	19.3	2,932	263	14.0%	9.0%	16.2%	24.8%	17.7%	12.8%
17	SUBROS Subros	₹673.55	4,394	26.4	3,910	166	8.3%	4.2%	11.5%	9.9%	17.5%	1.7%
18	HARSHA Harsha Engineers	₹468.70	4,267	27.6	1,719	155	14.6%	9.0%	15.6%	74.0%	25.2%	-1.5%
19	RML Rane (Madras)	₹1,361.10	3,762	31.6	4,024	119	8.8%	3.0%	56.1%	1090.7%	18.3%	62.4%
20	DIVGIITTS Divgi Torqtransfer	₹1,144.30	3,500	55.3	419	63	22.4%	15.1%	61.6%	95.8%	90.5%	180.4%
21	JTEKTINDIA Jtekt India	₹119.93	3,327	46.1	2,817	71	7.4%	2.5%	11.1%	1.3%	26.9%	-43.4%
22	SANDHAR Sandhar Technologies	₹534.40	3,224	15.5	5,144	208	9.0%	4.0%	24.9%	20.6%	26.8%	—
23	CARRARO Carraro India	₹508.85	2,893	21.8	2,308	133	9.3%	5.8%	24.8%	48.1%	10.5%	7.8%
24	INDNIPPON India Nippon	₹1,235.20	2,794	24.3	1,148	115	11.1%	10.0%	26.4%	35.3%	35.5%	16.5%
25	ASAL Automotive Stampings	₹460.50	731	24.5	971	29	6.4%	3.0%	15.0%	58.8%	46.4%	56.2%

❓ Frequently asked questions

What was Automotive Stampings and Assemblies Limited's revenue in Q3 FY24?