About Asahi Songwon Colors Limited
Data last updated: 13 July 2026
Asahi Songwon Colors Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in dyes and pigments, a part of the broader chemicals and materials sector. Incorporated on 10 December 1990, the company has been in operation for over 36 years.
Registered with ROC Ahmedabad under CIN L24222GJ1990PLC014789. Listed on BSE: 532853 and NSE: ASAHISONG.
Capital: an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹11.79 Cr. Formerly known as Asahi Songwon Colors Limited (Lucky Laminates) and Lucky Laminates Private Limited. It is led by directors including Miteshkumar Nandubhai Patel and Arjun Gokul Jaykrishna.
Last AGM: 12 September 2025. Financial statements filed for year ended 31 March 2025. Office: Asahihouse 20 Timescorporatepark Thaltej – Shilajroad Thaltej, Ahmedabad, Gujarat, India – 380059.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹535.48 Cr, a decline of 4.78% compared to the previous year. The net worth stands at ₹297.88 Cr (up 5.44% YoY). Total assets are valued at ₹603.01 Cr (up 2.21% YoY).
The company has a workforce of approximately 242 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand - Asahi Songwon Colors. As per MCA filings, the company has open charges of ₹225.38 Cr and satisfied charges of ₹25.58 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asahisongwon.com.
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Registered AddressAsahihouse 20 Timescorporatepark Thaltej – Shilajroad Thaltej, Ahmedabad, Gujarat, India – 380059
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IndustryChemicals and Materials, Dyes & Pigments, Colorants
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Asahi Songwon Colors Limited
Asahi Songwon Colors Limited has undergone 2 name changes throughout its history. The company was previously known as Asahi Songwon Colors Limited (Lucky Laminates), and Lucky Laminates Private Limited. The current legal name is Asahi Songwon Colors Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Asahi Songwon Colors Limited | Current |
| Asahi Songwon Colors Limited (Lucky Laminates) | Previous |
| Lucky Laminates Private Limited | Previous |
CIN History of Asahi Songwon Colors Limited
Asahi Songwon Colors Limited has one previous CIN (Corporate Identification Number): U24222GJ1990PLC014789. The current CIN is L24222GJ1990PLC014789, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24222GJ1990PLC014789 | Current |
| U24222GJ1990PLC014789 | Previous |
Associated Brands with Asahi Songwon Colors Limited
Asahi Songwon Colors Limited operates one associated brand: Asahi Songwon Colors. These brands represent Asahi Songwon Colors Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Pigments for industrial applications are manufactured in India. | asahisongwon.com |
Business Activity of Asahi Songwon Colors Limited
Asahi Songwon Colors Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Asahi Songwon Colors Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Asahi Songwon Colors Limited
Asahi Songwon Colors Limited is audited by TALATI AND TALATI LLP (ICAI peer reviewed, certificate valid till 2026-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| TALATI AND TALATI LLP (ICAI peer reviewed, certificate valid till 2026-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Asahi Songwon Colors Limited
Asahi Songwon Colors Limited is currently managed by 8 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Asahi Songwon Colors Limited FY 2026 filings available
Asahi Songwon Colors Limited reported revenue of ₹535.48 Cr (down 4.78% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹535.48 Cr | ₹562.36 Cr | ₹426.24 Cr | ₹504.55 Cr | ₹415.38 Cr | ₹283.08 Cr | ₹283.64 Cr |
| Other Income | ₹6.7 Cr | ₹4.04 Cr | ₹2.81 Cr | ₹5.86 Cr | ₹88.62 Lakh | ₹31.02 Lakh | ₹78.42 Lakh |
| Total Income | ₹542.18 Cr | ₹566.4 Cr | ₹429.05 Cr | ₹510.41 Cr | ₹416.26 Cr | ₹283.39 Cr | ₹284.42 Cr |
| Cost of Materials Consumed | ₹382.53 Cr | ₹372.03 Cr | ₹303.42 Cr | ₹338.36 Cr | ₹304.52 Cr | ₹169.8 Cr | ₹144.32 Cr |
| Purchases of Stock-in-Trade | ₹90.74 Lakh | ₹5.59 Cr | ₹5.49 Cr | ₹14.97 Cr | ₹47.91 Lakh | ₹61.04 Lakh | ₹45.02 Lakh |
| Changes in Inventories | -₹24.31 Cr | -₹6.28 Cr | -₹3.96 Cr | ₹29.26 Cr | -₹43.1 Cr | -₹11.53 Cr | ₹30.49 Cr |
| Employee Benefit Expense | ₹28.09 Cr | ₹25.19 Cr | ₹20.69 Cr | ₹18.72 Cr | ₹13.57 Cr | ₹10.37 Cr | ₹9.42 Cr |
| Finance Costs | ₹12.24 Cr | ₹16.47 Cr | ₹12.55 Cr | ₹14.02 Cr | ₹4.72 Cr | ₹1.94 Cr | ₹3.6 Cr |
| Depreciation & Amortisation | ₹18.72 Cr | ₹18.77 Cr | ₹16.22 Cr | ₹14.86 Cr | ₹11.96 Cr | ₹8.69 Cr | ₹8.32 Cr |
| Other Expenses | ₹98.43 Cr | ₹109.66 Cr | ₹82.34 Cr | ₹97.96 Cr | ₹103.23 Cr | ₹64.32 Cr | ₹64.56 Cr |
| Total Expenses | ₹516.62 Cr | ₹541.43 Cr | ₹436.75 Cr | ₹528.15 Cr | ₹395.38 Cr | ₹244.2 Cr | ₹261.16 Cr |
| Profit Before Exceptional Items & Tax | ₹25.56 Cr | ₹24.98 Cr | -₹7.7 Cr | -₹17.74 Cr | ₹20.88 Cr | ₹39.19 Cr | ₹23.27 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹25.61 Cr | ₹0 | ₹0 | ₹4.45 Cr | ₹0 |
| Profit Before Tax | ₹25.56 Cr | ₹24.98 Cr | ₹17.91 Cr | -₹17.74 Cr | ₹20.88 Cr | ₹43.64 Cr | ₹23.27 Cr |
| Total Tax Expense | ₹7.78 Cr | ₹8.12 Cr | ₹2.27 Cr | ₹72.71 Lakh | ₹6.23 Cr | ₹11.69 Cr | ₹44.16 Lakh |
| Net Profit | ₹17.78 Cr | ₹16.86 Cr | ₹15.64 Cr | -₹18.47 Cr | ₹14.65 Cr | ₹31.95 Cr | ₹22.83 Cr |
| attributable to Owners | ₹18.77 Cr | ₹19.75 Cr | ₹20.05 Cr | -₹11.65 Cr | ₹19.36 Cr | ₹32.21 Cr | ₹22.83 Cr |
| attributable to NCI | -₹98.95 Lakh | -₹2.9 Cr | -₹4.41 Cr | -₹6.82 Cr | -₹4.71 Cr | -₹26.82 Lakh | ₹7,000 |
| Other Comprehensive Income | -₹63.65 Lakh | ₹28.8 Lakh | ₹50.14 Lakh | ₹12.13 Lakh | -₹32.23 Lakh | ₹7.86 Cr | -₹5.88 Cr |
| Total Comprehensive Income | ₹17.14 Cr | ₹17.14 Cr | ₹16.14 Cr | -₹18.35 Cr | ₹14.33 Cr | ₹39.81 Cr | ₹16.95 Cr |
| EBITDA (computed) | ₹56.53 Cr | ₹60.21 Cr | ₹21.07 Cr | ₹11.14 Cr | ₹37.56 Cr | ₹49.82 Cr | ₹35.18 Cr |
| Basic EPS | ₹15.92 | ₹16.76 | ₹17.01 | ₹-9.83 | ₹16.10 | ₹26.29 | ₹18.60 |
| Diluted EPS | ₹15.92 | ₹16.76 | ₹17.01 | ₹-9.83 | ₹16.10 | ₹26.29 | ₹18.60 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹603.01 Cr | ₹589.96 Cr | ₹574.74 Cr | ₹546.7 Cr |
| Non-current Assets | ₹303.51 Cr | ₹315.07 Cr | ₹325.33 Cr | ₹310.7 Cr |
| Current Assets | ₹299.5 Cr | ₹274.89 Cr | ₹249.42 Cr | ₹236.01 Cr |
| Property, Plant & Equipment | ₹263.88 Cr | ₹276.62 Cr | ₹277.96 Cr | ₹247.01 Cr |
| Inventories | ₹124.86 Cr | ₹86.78 Cr | ₹84.9 Cr | ₹86.23 Cr |
| Trade Receivables | ₹137.67 Cr | ₹147.66 Cr | ₹122.43 Cr | ₹107.07 Cr |
| Cash & Equivalents | ₹2.17 Cr | ₹3.72 Cr | ₹67.7 Lakh | ₹71.37 Lakh |
| Equity (Net Worth) | ₹297.88 Cr | ₹282.5 Cr | ₹265.95 Cr | ₹260.05 Cr |
| Equity Share Capital | ₹11.79 Cr | ₹11.79 Cr | ₹11.79 Cr | ₹11.79 Cr |
| Borrowings (Non-current) | ₹41.47 Cr | ₹56.97 Cr | ₹69.18 Cr | ₹55.95 Cr |
| Borrowings (Current) | ₹99.31 Cr | ₹107.8 Cr | ₹128.02 Cr | ₹123.73 Cr |
| Total Debt (computed) | ₹140.78 Cr | ₹164.77 Cr | ₹197.2 Cr | ₹179.68 Cr |
| Current Liabilities | ₹239.98 Cr | ₹226.57 Cr | ₹217.62 Cr | ₹210.88 Cr |
| Total Liabilities | ₹305.13 Cr | ₹307.46 Cr | ₹308.79 Cr | ₹286.65 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹43.24 Cr | ₹57.92 Cr | ₹7.8 Cr | ₹33.61 Cr | ₹9.09 Cr |
| Investing Cash Flow | -₹6.78 Cr | -₹5.39 Cr | -₹12.21 Cr | -₹80.85 Cr | -₹37.62 Cr |
| Financing Cash Flow | -₹38 Cr | -₹49.49 Cr | ₹4.37 Cr | ₹47.49 Cr | ₹28.38 Cr |
| Capital Expenditure | ₹5.51 Cr | ₹5.98 Cr | ₹53.41 Cr | ₹31.46 Cr | ₹27.79 Cr |
| Free Cash Flow (computed) | ₹37.73 Cr | ₹51.93 Cr | -₹45.6 Cr | ₹2.15 Cr | -₹18.7 Cr |
| Dividends Paid | ₹1.77 Cr | ₹58.94 Lakh | ₹58.94 Lakh | ₹58.94 Lakh | ₹4.21 Cr |
| Net Change in Cash | -₹1.55 Cr | ₹3.04 Cr | -₹3.67 Lakh | ₹24.88 Lakh | -₹14.76 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹144.05 Cr | ₹120.65 Cr | ₹120.9 Cr | ₹149.88 Cr | ₹152.75 Cr | ₹133.72 Cr | ₹141.61 Cr | ₹134.28 Cr | ₹125.97 Cr | ₹102.15 Cr | ₹95.33 Cr | ₹102.79 Cr |
| Other Income | ₹3.49 Cr | ₹9.97 Lakh | ₹1.65 Cr | ₹1.46 Cr | ₹61.47 Lakh | ₹1.64 Cr | ₹1.02 Cr | ₹77.65 Lakh | ₹91.11 Lakh | ₹49.3 Lakh | ₹75.8 Lakh | ₹65.16 Lakh |
| Total Income | ₹147.54 Cr | ₹120.75 Cr | ₹122.55 Cr | ₹151.34 Cr | ₹153.37 Cr | ₹135.36 Cr | ₹142.62 Cr | ₹135.05 Cr | ₹126.88 Cr | ₹102.65 Cr | ₹96.09 Cr | ₹103.44 Cr |
| Cost of Materials Consumed | ₹105.09 Cr | ₹87.91 Cr | ₹90.71 Cr | ₹98.82 Cr | ₹91.26 Cr | ₹97.15 Cr | ₹96.18 Cr | ₹87.44 Cr | ₹83.36 Cr | ₹77.15 Cr | ₹66.73 Cr | ₹76.18 Cr |
| Purchases of Stock-in-Trade | ₹5.03 Lakh | ₹47.3 Lakh | ₹13.54 Lakh | ₹24.88 Lakh | ₹4.88 Lakh | ₹56.98 Lakh | ₹2.21 Cr | ₹2.77 Cr | ₹90.44 Lakh | ₹1.83 Cr | ₹1.88 Cr | ₹86.84 Lakh |
| Changes in Inventories | -₹10.67 Cr | -₹8.15 Cr | -₹10.09 Cr | ₹4.6 Cr | ₹8.47 Cr | -₹10.5 Cr | -₹3.86 Cr | -₹39.22 Lakh | ₹4.04 Cr | -₹7.45 Cr | -₹2.28 Cr | ₹1.74 Cr |
| Employee Benefit Expense | ₹7.26 Cr | ₹7.39 Cr | ₹6.78 Cr | ₹6.66 Cr | ₹6.09 Cr | ₹6.94 Cr | ₹5.62 Cr | ₹6.54 Cr | ₹5.01 Cr | ₹5.77 Cr | ₹5.16 Cr | ₹4.76 Cr |
| Finance Costs | ₹3.3 Cr | ₹2.96 Cr | ₹2.85 Cr | ₹3.14 Cr | ₹3.84 Cr | ₹4.36 Cr | ₹4.31 Cr | ₹3.96 Cr | ₹3.67 Cr | ₹2.74 Cr | ₹2.96 Cr | ₹3.17 Cr |
| Depreciation & Amortisation | ₹4.65 Cr | ₹4.75 Cr | ₹4.69 Cr | ₹4.64 Cr | ₹4.66 Cr | ₹4.79 Cr | ₹4.81 Cr | ₹4.52 Cr | ₹4.54 Cr | ₹4.03 Cr | ₹3.83 Cr | ₹3.82 Cr |
| Other Expenses | ₹22.8 Cr | ₹22.76 Cr | ₹23.87 Cr | ₹29 Cr | ₹29.82 Cr | ₹27.7 Cr | ₹27.97 Cr | ₹24.18 Cr | ₹23.87 Cr | ₹19.9 Cr | ₹18.44 Cr | ₹20.13 Cr |
| Total Expenses | ₹132.47 Cr | ₹118.09 Cr | ₹118.94 Cr | ₹147.11 Cr | ₹144.19 Cr | ₹130.99 Cr | ₹137.23 Cr | ₹129.02 Cr | ₹125.4 Cr | ₹103.96 Cr | ₹96.72 Cr | ₹110.67 Cr |
| Profit Before Exceptional Items & Tax | ₹15.07 Cr | ₹2.66 Cr | ₹3.61 Cr | ₹4.23 Cr | ₹9.18 Cr | ₹4.37 Cr | ₹5.39 Cr | ₹6.04 Cr | ₹1.48 Cr | -₹1.31 Cr | -₹63.7 Lakh | -₹7.23 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹19.27 Lakh | ₹0 | ₹25.8 Cr | ₹0 |
| Profit Before Tax | ₹15.07 Cr | ₹2.66 Cr | ₹3.61 Cr | ₹4.23 Cr | ₹9.18 Cr | ₹4.37 Cr | ₹5.39 Cr | ₹6.04 Cr | ₹1.29 Cr | -₹1.31 Cr | ₹25.17 Cr | -₹7.23 Cr |
| Total Tax Expense | ₹4.25 Cr | ₹39.26 Lakh | ₹1.51 Cr | ₹1.63 Cr | ₹2.3 Cr | ₹2.07 Cr | ₹2.09 Cr | ₹1.66 Cr | ₹38.1 Lakh | ₹81.74 Lakh | ₹2.46 Cr | -₹1.38 Cr |
| Net Profit | ₹10.82 Cr | ₹2.26 Cr | ₹2.1 Cr | ₹2.59 Cr | ₹6.87 Cr | ₹2.3 Cr | ₹3.3 Cr | ₹4.38 Cr | ₹90.66 Lakh | -₹2.13 Cr | ₹22.71 Cr | -₹5.85 Cr |
| attributable to Owners | ₹10.87 Cr | ₹2.48 Cr | ₹2.25 Cr | ₹3.16 Cr | ₹7.64 Cr | ₹3.1 Cr | ₹3.84 Cr | ₹5.17 Cr | ₹2.16 Cr | -₹1.02 Cr | ₹23.57 Cr | -₹4.66 Cr |
| attributable to NCI | -₹4.76 Lakh | -₹21.74 Lakh | -₹15.63 Lakh | -₹56.83 Lakh | -₹76.96 Lakh | -₹79.8 Lakh | -₹53.5 Lakh | -₹79.66 Lakh | -₹1.25 Cr | -₹1.1 Cr | -₹85.89 Lakh | -₹1.19 Cr |
| Other Comprehensive Income | -₹52.54 Lakh | ₹85.77 Lakh | -₹66.09 Lakh | -₹30.78 Lakh | ₹28.8 Lakh | ₹89,000 | -₹89,000 | ₹0 | ₹11.46 Lakh | ₹20.83 Lakh | -₹7.8 Lakh | ₹25.65 Lakh |
| Total Comprehensive Income | ₹10.3 Cr | ₹3.12 Cr | ₹1.44 Cr | ₹2.29 Cr | ₹7.16 Cr | ₹2.31 Cr | ₹3.29 Cr | ₹4.38 Cr | ₹1.02 Cr | -₹1.92 Cr | ₹22.63 Cr | -₹5.6 Cr |
| EBITDA (computed) | ₹23.02 Cr | ₹10.36 Cr | ₹11.14 Cr | ₹12 Cr | ₹17.68 Cr | ₹13.51 Cr | ₹14.51 Cr | ₹14.52 Cr | ₹9.7 Cr | ₹5.46 Cr | ₹6.16 Cr | -₹24.09 Lakh |
| Basic EPS | ₹9.22 | ₹2.11 | ₹1.91 | ₹2.68 | ₹6.48 | ₹2.63 | ₹3.26 | ₹4.39 | ₹1.83 | ₹-0.87 | ₹20.00 | ₹-2.29 |
| Diluted EPS | ₹9.22 | ₹2.11 | ₹1.91 | ₹2.68 | ₹6.48 | ₹2.63 | ₹3.26 | ₹4.39 | ₹1.83 | ₹-0.87 | ₹20.00 | ₹0.00 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PIGMENTS | ₹116.21 Cr | ₹14.95 Cr | ₹639.29 Cr | ₹252.24 Cr |
| API | ₹31.33 Cr | ₹3.42 Cr | ₹158.6 Cr | ₹135.59 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PIGMENTS | ₹429.18 Cr | ₹33.84 Cr | - | - |
| API | ₹113 Cr | ₹3.96 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹344.14 Cr | ₹390.22 Cr | ₹276.58 Cr | ₹337.36 Cr | ₹405.65 Cr | ₹282.94 Cr | ₹283.64 Cr |
| Other Income | ₹10.49 Cr | ₹7.93 Cr | ₹5.24 Cr | ₹5.68 Cr | ₹1.66 Cr | ₹2.53 Cr | ₹78.42 Lakh |
| Total Income | ₹354.63 Cr | ₹398.15 Cr | ₹281.82 Cr | ₹343.04 Cr | ₹407.31 Cr | ₹285.47 Cr | ₹284.42 Cr |
| Cost of Materials Consumed | ₹254.74 Cr | ₹255.62 Cr | ₹188.63 Cr | ₹207.45 Cr | ₹288.63 Cr | ₹169.48 Cr | ₹144.32 Cr |
| Purchases of Stock-in-Trade | ₹75.83 Lakh | ₹4.66 Cr | ₹5.23 Cr | ₹1.06 Cr | ₹47.91 Lakh | ₹61.04 Lakh | ₹45.02 Lakh |
| Changes in Inventories | -₹23.69 Cr | -₹4.44 Cr | -₹6.04 Cr | ₹28.81 Cr | -₹32.7 Cr | -₹11.06 Cr | ₹30.49 Cr |
| Employee Benefit Expense | ₹12.83 Cr | ₹11.55 Cr | ₹10.04 Cr | ₹9.97 Cr | ₹10.95 Cr | ₹10.14 Cr | ₹9.42 Cr |
| Finance Costs | ₹4.64 Cr | ₹7.54 Cr | ₹6.66 Cr | ₹8.68 Cr | ₹3.25 Cr | ₹1.92 Cr | ₹3.6 Cr |
| Depreciation & Amortisation | ₹9.79 Cr | ₹10.17 Cr | ₹10.33 Cr | ₹10.01 Cr | ₹8.81 Cr | ₹8.44 Cr | ₹8.32 Cr |
| Other Expenses | ₹64.35 Cr | ₹78.39 Cr | ₹61.88 Cr | ₹81.71 Cr | ₹95.64 Cr | ₹65.65 Cr | ₹64.56 Cr |
| Total Expenses | ₹323.42 Cr | ₹363.49 Cr | ₹276.73 Cr | ₹347.69 Cr | ₹375.06 Cr | ₹245.17 Cr | ₹261.16 Cr |
| Profit Before Exceptional Items & Tax | ₹31.22 Cr | ₹34.66 Cr | ₹5.1 Cr | -₹4.65 Cr | ₹32.25 Cr | ₹40.3 Cr | ₹23.27 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹25.61 Cr | ₹0 | ₹0 | ₹4.45 Cr | ₹0 |
| Profit Before Tax | ₹31.22 Cr | ₹34.66 Cr | ₹30.71 Cr | -₹4.65 Cr | ₹32.25 Cr | ₹44.76 Cr | ₹23.27 Cr |
| Total Tax Expense | ₹8.76 Cr | ₹9.17 Cr | ₹4.38 Cr | ₹6.43 Lakh | ₹8.06 Cr | ₹11.82 Cr | ₹44.35 Lakh |
| Net Profit | ₹22.46 Cr | ₹25.49 Cr | ₹26.33 Cr | -₹4.71 Cr | ₹24.19 Cr | ₹32.94 Cr | ₹22.82 Cr |
| Other Comprehensive Income | -₹77.99 Lakh | ₹30.12 Lakh | ₹55.46 Lakh | ₹11.37 Lakh | -₹35.49 Lakh | ₹7.86 Cr | -₹5.96 Cr |
| Total Comprehensive Income | ₹21.68 Cr | ₹25.79 Cr | ₹26.88 Cr | -₹4.6 Cr | ₹23.83 Cr | ₹40.8 Cr | ₹16.86 Cr |
| EBITDA (computed) | ₹45.65 Cr | ₹52.38 Cr | ₹22.09 Cr | ₹14.04 Cr | ₹44.31 Cr | ₹50.66 Cr | ₹35.18 Cr |
| Basic EPS | ₹19.05 | ₹21.62 | ₹22.34 | ₹-3.97 | ₹20.11 | ₹27.11 | ₹18.60 |
| Diluted EPS | ₹19.05 | ₹21.62 | ₹22.34 | ₹-3.97 | ₹20.11 | ₹27.11 | ₹18.60 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹480.32 Cr | ₹438.64 Cr | ₹415.73 Cr | ₹402.43 Cr |
| Non-current Assets | ₹288.19 Cr | ₹268.41 Cr | ₹268.11 Cr | ₹258.03 Cr |
| Current Assets | ₹192.14 Cr | ₹170.23 Cr | ₹147.62 Cr | ₹144.4 Cr |
| Property, Plant & Equipment | ₹104.21 Cr | ₹112.05 Cr | ₹122.25 Cr | ₹129.77 Cr |
| Inventories | ₹85.2 Cr | ₹53.68 Cr | ₹50.13 Cr | ₹45.54 Cr |
| Trade Receivables | ₹86.45 Cr | ₹96.19 Cr | ₹78.11 Cr | ₹69.31 Cr |
| Cash & Equivalents | ₹26.01 Lakh | ₹3.62 Cr | ₹34.97 Lakh | ₹44.98 Lakh |
| Equity (Net Worth) | ₹306.87 Cr | ₹286.96 Cr | ₹261.76 Cr | ₹235.47 Cr |
| Equity Share Capital | ₹11.79 Cr | ₹11.79 Cr | ₹11.79 Cr | ₹11.79 Cr |
| Borrowings (Non-current) | ₹0 | ₹6.23 Cr | ₹15.04 Cr | ₹22.37 Cr |
| Borrowings (Current) | ₹70.94 Cr | ₹50.87 Cr | ₹74.24 Cr | ₹74.94 Cr |
| Total Debt (computed) | ₹70.94 Cr | ₹57.1 Cr | ₹89.28 Cr | ₹97.31 Cr |
| Current Liabilities | ₹154.63 Cr | ₹126.45 Cr | ₹119.13 Cr | ₹126.39 Cr |
| Total Liabilities | ₹173.46 Cr | ₹151.69 Cr | ₹153.97 Cr | ₹166.97 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹15.48 Cr | ₹50.84 Cr | -₹4.55 Cr | ₹34.08 Cr | ₹34.1 Cr |
| Investing Cash Flow | -₹26.27 Cr | -₹7.26 Cr | ₹19.73 Cr | -₹57.93 Cr | -₹34.94 Cr |
| Financing Cash Flow | ₹7.43 Cr | -₹40.32 Cr | -₹15.28 Cr | ₹24.03 Cr | ₹83.02 Lakh |
| Capital Expenditure | ₹2.03 Cr | ₹98.69 Lakh | ₹2.42 Cr | ₹7.17 Cr | ₹25.06 Cr |
| Free Cash Flow (computed) | ₹13.46 Cr | ₹49.86 Cr | -₹6.97 Cr | ₹26.91 Cr | ₹9.05 Cr |
| Dividends Paid | ₹1.77 Cr | ₹58.94 Lakh | ₹58.94 Lakh | ₹58.94 Lakh | ₹4.21 Cr |
| Net Change in Cash | -₹3.36 Cr | ₹3.27 Cr | -₹10.01 Lakh | ₹18.39 Lakh | -₹16,000 |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹90.74 Cr | ₹74.31 Cr | ₹72.96 Cr | ₹106.13 Cr | ₹107.24 Cr | ₹93.69 Cr | ₹99.46 Cr | ₹89.83 Cr | ₹83.85 Cr | ₹66.97 Cr | ₹57.91 Cr | ₹67.99 Cr |
| Other Income | ₹4.61 Cr | ₹1.24 Cr | ₹2.58 Cr | ₹2.06 Cr | ₹1.83 Cr | ₹2.61 Cr | ₹1.8 Cr | ₹1.68 Cr | ₹1.77 Cr | ₹1.32 Cr | ₹1.01 Cr | ₹1.01 Cr |
| Total Income | ₹95.35 Cr | ₹75.55 Cr | ₹75.54 Cr | ₹108.19 Cr | ₹109.07 Cr | ₹96.3 Cr | ₹101.26 Cr | ₹91.52 Cr | ₹85.62 Cr | ₹68.29 Cr | ₹58.92 Cr | ₹68.99 Cr |
| Cost of Materials Consumed | ₹71.81 Cr | ₹52.28 Cr | ₹57.99 Cr | ₹72.67 Cr | ₹62.2 Cr | ₹68.86 Cr | ₹66.39 Cr | ₹58.16 Cr | ₹53.21 Cr | ₹49.62 Cr | ₹39.55 Cr | ₹46.24 Cr |
| Purchases of Stock-in-Trade | ₹5.03 Lakh | ₹59 Lakh | ₹0 | ₹11.8 Lakh | ₹0 | ₹46 Lakh | ₹1.43 Cr | ₹2.77 Cr | ₹90.43 Lakh | ₹1.72 Cr | ₹1.93 Cr | ₹67.32 Lakh |
| Changes in Inventories | -₹11.75 Cr | -₹3.36 Cr | -₹9.4 Cr | ₹80.91 Lakh | ₹6.21 Cr | -₹7.91 Cr | -₹1.06 Cr | -₹1.67 Cr | ₹2.83 Cr | -₹7.14 Cr | -₹4.75 Cr | ₹3.02 Cr |
| Employee Benefit Expense | ₹3.55 Cr | ₹3.37 Cr | ₹2.91 Cr | ₹3 Cr | ₹2.73 Cr | ₹3.32 Cr | ₹2.68 Cr | ₹2.82 Cr | ₹2.11 Cr | ₹3.03 Cr | ₹2.62 Cr | ₹2.28 Cr |
| Finance Costs | ₹1.29 Cr | ₹1.25 Cr | ₹1 Cr | ₹1.09 Cr | ₹1.7 Cr | ₹2.08 Cr | ₹1.82 Cr | ₹1.94 Cr | ₹1.7 Cr | ₹1.38 Cr | ₹1.57 Cr | ₹2.01 Cr |
| Depreciation & Amortisation | ₹2.42 Cr | ₹2.49 Cr | ₹2.45 Cr | ₹2.43 Cr | ₹2.48 Cr | ₹2.58 Cr | ₹2.57 Cr | ₹2.54 Cr | ₹2.57 Cr | ₹2.58 Cr | ₹2.59 Cr | ₹2.58 Cr |
| Other Expenses | ₹14.25 Cr | ₹14.42 Cr | ₹15.46 Cr | ₹20.22 Cr | ₹21.75 Cr | ₹19.96 Cr | ₹19.27 Cr | ₹17.42 Cr | ₹16.72 Cr | ₹15.69 Cr | ₹13.7 Cr | ₹15.76 Cr |
| Total Expenses | ₹81.62 Cr | ₹71.03 Cr | ₹70.42 Cr | ₹100.35 Cr | ₹97.07 Cr | ₹89.35 Cr | ₹93.09 Cr | ₹83.99 Cr | ₹80.05 Cr | ₹66.89 Cr | ₹57.21 Cr | ₹72.58 Cr |
| Profit Before Exceptional Items & Tax | ₹13.73 Cr | ₹4.52 Cr | ₹5.12 Cr | ₹7.85 Cr | ₹12 Cr | ₹6.96 Cr | ₹8.17 Cr | ₹7.53 Cr | ₹5.58 Cr | ₹1.4 Cr | ₹1.7 Cr | -₹3.58 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹19.27 Lakh | ₹0 | ₹25.8 Cr | ₹0 |
| Profit Before Tax | ₹13.73 Cr | ₹4.52 Cr | ₹5.12 Cr | ₹7.85 Cr | ₹12 Cr | ₹6.96 Cr | ₹8.17 Cr | ₹7.53 Cr | ₹5.38 Cr | ₹1.4 Cr | ₹27.51 Cr | -₹3.58 Cr |
| Total Tax Expense | ₹3.96 Cr | ₹98.27 Lakh | ₹1.51 Cr | ₹2.31 Cr | ₹2.77 Cr | ₹2.4 Cr | ₹2.11 Cr | ₹1.88 Cr | ₹1.43 Cr | ₹1.04 Cr | ₹2.79 Cr | -₹88.58 Lakh |
| Net Profit | ₹9.77 Cr | ₹3.53 Cr | ₹3.62 Cr | ₹5.53 Cr | ₹9.23 Cr | ₹4.55 Cr | ₹6.06 Cr | ₹5.65 Cr | ₹3.95 Cr | ₹36.65 Lakh | ₹24.71 Cr | -₹2.7 Cr |
| Other Comprehensive Income | -₹66.88 Lakh | ₹85.77 Lakh | -₹66.09 Lakh | -₹30.78 Lakh | ₹30.13 Lakh | ₹89,000 | -₹89,000 | ₹0 | ₹16.78 Lakh | ₹20.83 Lakh | -₹7.8 Lakh | ₹25.65 Lakh |
| Total Comprehensive Income | ₹9.1 Cr | ₹4.39 Cr | ₹2.96 Cr | ₹5.23 Cr | ₹9.53 Cr | ₹4.56 Cr | ₹6.05 Cr | ₹5.65 Cr | ₹4.12 Cr | ₹57.48 Lakh | ₹24.63 Cr | -₹2.44 Cr |
| EBITDA (computed) | ₹17.44 Cr | ₹8.25 Cr | ₹8.58 Cr | ₹11.37 Cr | ₹16.19 Cr | ₹11.62 Cr | ₹12.56 Cr | ₹12.01 Cr | ₹9.85 Cr | ₹5.36 Cr | ₹5.86 Cr | ₹1.01 Cr |
| Basic EPS | ₹8.29 | ₹3.00 | ₹3.07 | ₹4.69 | ₹7.83 | ₹3.86 | ₹5.14 | ₹4.79 | ₹3.35 | ₹0.31 | ₹20.96 | ₹-2.29 |
| Diluted EPS | ₹8.29 | ₹3.00 | ₹3.07 | ₹4.69 | ₹7.83 | ₹3.86 | ₹5.14 | ₹4.79 | ₹3.35 | ₹0.31 | ₹20.96 | ₹0.00 |
Shareholding Pattern of Asahi Songwon Colors Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 67.00%, foreign institutional investors hold 0.05%, domestic institutional investors hold 0.31%, retail and other public shareholders hold 32.65% of Asahi Songwon Colors Limited. The company had 9,731 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 67.00% | 67.00% | 67.00% | 66.83% | 66.83% | 66.83% |
| Public | 33.00% | 33.00% | 33.00% | 33.17% | 33.17% | 33.17% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 67.00% | 66.83% | 66.77% | 66.73% | 66.64% | 66.64% | 66.42% | 65.81% | 65.41% | 65.28% | 62.28% |
| Public | 33.00% | 33.17% | 33.23% | 33.27% | 33.36% | 33.36% | 33.58% | 34.19% | 34.59% | 34.72% | 37.72% |
| Promoter change (YoY, %pts) | +0.17 | +0.06 | +0.04 | +0.09 | +0.00 | +0.22 | +0.61 | +0.40 | +0.13 | +3.00 | - |
Board & Governance of Asahi Songwon Colors Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Asahi Songwon Colors Limited has 10 directors - 5 independent and 4 executive. The board is chaired by Paru Mrugesh Jaykrishna.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Paru Mrugesh Jaykrishna | Executive Director · MD · Chairperson | 1990-12-19 | 2 |
| Gokul Mrugesh Jaykrishna | Executive Director · CEO-MD | 1996-03-08 | 3 |
| Samveghbhai Arvindbhai Lalbhai | Non-Executive - Non Independent Director | 2024-09-02 | 4 |
| Maulik Deepak Mehta | Non-Executive - Independent Director | 2025-11-11 | 3 |
| Sudhin Bhagwandas Choksey | Non-Executive - Independent Director | 2024-08-10 | 6 |
| Anil Jain | Non-Executive - Independent Director | 2024-07-27 | 2 |
| Arjun Gokul Jaykrishna | Executive Director | 2019-10-14 | 1 |
| Shivani Revat Lakhia | Non-Executive - Independent Director | 2022-03-24 | 1 |
| Miteshkumar Nandubhai Patel | Executive Director | 2023-10-25 | 1 |
| Rupesh Chandrakant Shah | Non-Executive - Independent Director | 2026-03-31 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Anil Jain (Chairperson), Shivani Revat Lakhia, Miteshkumar Nandubhai Patel |
| Nomination and remuneration committee | Shivani Revat Lakhia (Chairperson), Anil Jain, Samveghbhai Arvindbhai Lalbhai |
| Stakeholders Relationship Committee | Shivani Revat Lakhia (Chairperson), Paru Mrugesh Jaykrishna, Anil Jain |
| Risk Management Committee | Anil Jain (Chairperson), Shivani Revat Lakhia, Arjun Gokul Jaykrishna |
| Corporate Social Responsibility Committee | Paru Mrugesh Jaykrishna (Chairperson), Anil Jain, Shivani Revat Lakhia |
Group Structure of Asahi Songwon Colors Limited
Asahi Songwon Colors Limited has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Asahi Songwon Colors Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Atlas Life Sciences (India) Private Limited | U24100GJ2022PTC131537 | - |
| Atlas Life Sciences Private Limited | U24114GJ2004PTC044016 | - |
| Asahi Tennants Color Private Limited | U24290GJ2019PTC110526 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Asahi Songwon Colors Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2022 | Hdfc Bank Limited | ₹34.88 Cr | Open |
| 22 Jun 2004 | Others | ₹90 Cr | Open |
| 24 May 2004 | Others | ₹90 Cr | Open |
| 07 Jan 1994 | State Bank of India | ₹5.75 Cr | Open |
| 07 Jan 1994 | State Bank of India | ₹4.55 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Asahi Songwon Colors Limited
Asahi Songwon Colors Limited has a workforce of 242 employees as of Aug 03, 2024.
Employee and EPFO history for Asahi Songwon Colors Limited
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GST Compliance of Asahi Songwon Colors Limited
GST registrations and filing compliance for Asahi Songwon Colors Limited
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Credit Ratings, Litigation & Regulatory Alerts for Asahi Songwon Colors Limited
Credit ratings, litigation, and regulatory alerts for Asahi Songwon Colors Limited
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MSME Payment Delays by Asahi Songwon Colors Limited
MSME payment history for Asahi Songwon Colors Limited
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Subsidiaries & Group Companies of Asahi Songwon Colors Limited
Corporate group structure for Asahi Songwon Colors Limited
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MCA Filings & Documents of Asahi Songwon Colors Limited
MCA filings and documents for Asahi Songwon Colors Limited
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Recent Activity on Asahi Songwon Colors Limited
Frequently Asked Questions about Asahi Songwon Colors Limited
Asahi Songwon Colors Limited is an active public limited company in the chemicals and materials sector based in Ahmedabad, Gujarat, India. It was incorporated on 10 December 1990 (36+ years old) and is registered under CIN L24222GJ1990PLC014789. Listed on BSE: 532853 and NSE: ASAHISONG. The company has 242 employees.
Asahi Songwon Colors Limited reported revenue of ₹535.48 Cr for FY 2026 (down 4.78% YoY) based on consolidated NSE filings.
The current directors of Asahi Songwon Colors Limited are:
- Miteshkumar Nandubhai Patel - Whole-Time Director
- Arjun Gokul Jaykrishna - Whole-Time Director
- Anilkumar Mithalal Jain - Director
- Paru Mrugesh Jaykrishna - Managing Director
- Gokul Mrugesh Jaykrishna - Managing Director
- Samvegbhai Arvindbhai Lalbhai - Director
- Shivani Revat Lakhia - Director
- Maulik Deepak Mehta - Additional Director
The primary industry of Asahi Songwon Colors Limited is chemicals and materials. The company specifically operates in dyes and pigments. The company is currently active in this sector.
Yes. Asahi Songwon Colors Limited is listed on both BSE (code: 532853) and NSE (symbol: ASAHISONG).
Asahi Songwon Colors Limited can be reached at the registered office: Asahihouse 20 Timescorporatepark Thaltej – Shilajroad Thaltej, Ahmedabad, Gujarat, India – 380059, or through the website asahisongwon.com.