Basic Materials · NSE/BSE: ASIIL

ASI Industries Ltd

Other Industrial Metals & Mining
Market Cap ₹0.00L Cr
Verdict: Weak

Quality Scores

Business Compounding
18/100
Compounder Quality
20/100
Management Credibility
40/100
Governance
48/100
Cash Flow Quality
22/100

AI Summary

ASI Industries Ltd (formerly Associated Stone Industries Kotah Ltd) is a legacy player in the natural stone sector, primarily focused on Kotah stone mining and processing. The business has historically struggled to transform from a commodity-led mining entity into a high-value building materials brand. Recent years have signaled significant financial distress, characterized by declining operational efficiency and stretched liquidity. The transition into specialized engineered stone and wind energy has yet to yield a robust turnaround in consolidated performance. Overall, the business shows…

Top Opportunities

  • Dominant position in Kota stone mining
  • Significant land bank and mining leases
  • Positive Cash From Operations for nearly a decade

Top Risks

  • Significant margin contraction over 10 years (28% to 10%)
  • Stagnant 10-year revenue growth (1.2% CAGR)
  • Negative Profit CAGR over 5 and 10-year horizons

Latest report: Read the annual report summary →

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