Asahi Songwon Colors Ltd (ASAHISONG) — shareholding pattern, promoter holding, financials and share price
About Asahi Songwon Colors Ltd (ASAHISONG)
Asahi Songwon Colors Ltd operates in the Dyes And Pigments industry, within the Chemicals sector. It trades on the NSE as ASAHISONG and on the BSE under scrip code 532853. Its ISIN is INE228I01012.
Incorporated in 1990, Asahi Songwon Colors is one of the leading manufacturers of blue (Phthalocyanine) pigments for ink, plastics, paint, textile and paper industry with globally benchmarked manufacturing capabilities. The company has ventured into manufacturing of yellow, red and orange (AZO) pigments and APIs. [1]
Asahi Songwon Colors Limited specializes in the manufacture and export of phthalocyanine pigments and derivatives used in inks, plastics, paints, textiles, and papers. The company has ventured into producing yellow, red, and orange pigments and active pharmaceutical ingredients (APIs), demonstrating diversification beyond its traditional pigment business.
Despite a challenging business environment, Asahi Songwon's diversification into Azo pigments and API has shown strong cash flow generation, enabling the company to accelerate debt repayment and improve its balance sheet.
Listed peers in Dyes And Pigments: Ushanti Colour Chem Ltd, Poddar Pigments Ltd, Mahickra Chemicals Ltd, AksharChem (India) Ltd, Hindprakash Industries Ltd, Prolife Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹271.4 a share on 10 Jul 2026, Asahi Songwon Colors Ltd (ASAHISONG) was valued at a price-to-earnings ratio of 18x against an industry P/E of 45.11x and a price-to-book of 1.25x on a book value of ₹216.37 per share as of Mar 2025. Solomo computes return on equity of 6.97% and return on capital employed of 8.96% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 18x
- Industry P/E
- 45.11x
- P/B
- 1.25x
- EPS (TTM)
- ₹15.08
- Book value / share
- ₹216.37
- ROE
- 6.97%
- ROCE
- 8.96%
- ROA
- 3.01%
- Debt / equity
- 0.66x
- Dividend yield
- 0.55%
- EBITDA margin
- 10.56%
- 52-week range
- ₹179.25 – ₹462.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Asahi Songwon Colors Ltd (ASAHISONG) reported revenue of ₹535 crore, net profit of ₹18 crore and earnings per share of ₹15.92. That compares with revenue of ₹562 crore and net profit of ₹17 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹144 crore and net profit ₹11 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 411 | 505 | 426 | 562 | 535 |
| Net profit (₹ cr) | 15 | -18 | 16 | 17 | 18 |
| EPS (₹) | 16.1 | -9.88 | 17.01 | 16.76 | 15.92 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 6.12% | 6.59% | -0.91% | 31.94% |
| Profit growth | 2.19% | 2.23% | 1.76% | 7.80% |
| Stock price CAGR | 2% | -6% | 5% | -37% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 67% of Asahi Songwon Colors Ltd (ASAHISONG) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.01% and domestic institutional investors (DII) hold 0.32%. Market capitalisation was ₹320 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: DIC Corporation 7.34%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 67% | - | 0.01% | 0.32% | 33% |
| Mar 2026 | 67% | - | 0.05% | 0.31% | 33% |
| Dec 2025 | 67% | - | - | 0.3% | 33% |
| Sep 2025 | 67% | - | 0.08% | 0.03% | 33% |
| Jun 2025 | 66.83% | - | - | - | 33.17% |
| Mar 2025 | 66.83% | - | 0% | - | 33.17% |
| Dec 2024 | 66.83% | - | 0% | - | 33.17% |
| Sep 2024 | 66.83% | - | 0.07% | 0.21% | 33.17% |