Asian Star Company Limited
ASAN.BO operates in the Apparel & Accessories industry, manufacturing and selling clothing and related products to consumers in the Consumer Cyclicals sector.
Business. ASAN.BO is an apparel and accessories company operating within the cyclical consumer products sector. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Headquartered in India, the company is primarily listed on the Bombay Stock Exchange under the ticker ASAN.BO.
At a glance
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- Company
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
ASAN.BO is an apparel and accessories company operating within the cyclical consumer products sector. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Headquartered in India, the company is primarily listed on the Bombay Stock Exchange under the ticker ASAN.BO.
ASAN.BO maintains a relatively strong liquidity position, with a current ratio of 2.93, indicating the company can cover its short-term liabilities more than two and a half times over. However, the company's liquidity is assessed as medium risk, primarily due to a negative net cash position after subtracting total debt. The debt-to-equity ratio of 0.34 suggests a conservative capital structure, with equity significantly outweighing debt.
Profitability metrics for ASAN.BO show a return on equity (ROE) of 2.76% and a return on assets (ROA) of 1.79%, both of which are below the typical thresholds for strong performance in the Apparel & Accessories industry. The company's operating income of INR 672.97 million and net income of INR 431.89 million reflect modest profitability, with gross profit of INR 2.28 billion indicating some efficiency in production and cost management.
ASAN.BO's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no material geographic diversification reported. This lack of diversification may expose the company to regional economic fluctuations and market-specific risks.
The company's growth trajectory appears to be modest, with no significant revenue growth reported in the latest financial period. Capital expenditures of INR 66.12 million suggest limited investment in new capacity or technology, which may constrain future growth potential. The company's free cash flow of INR 435.24 million provides some flexibility for reinvestment or shareholder returns, but the scale is relatively small given the company's total assets.
Risk factors for ASAN.BO include medium liquidity risk and a negative net cash position after debt, which could limit the company's ability to respond to short-term financial pressures. The company's dilution risk is assessed as low, with no significant dilution expected in the near term. However, the company's conservative capital structure and limited debt may also limit its ability to leverage growth opportunities.
Recent filings and transcripts do not indicate any material events or strategic shifts for ASAN.BO in the latest reporting period. The company's financial performance and risk profile remain relatively stable, with no significant changes in its business model or market position.
- ASAN.BO maintains a conservative capital structure with a debt-to-equity ratio of 0.34.
- The company's liquidity is assessed as medium risk due to a negative net cash position after debt.
- Profitability metrics (ROE and ROA) are below typical thresholds for the Apparel & Accessories industry.
- Revenue is concentrated in a single business segment with no material geographic diversification.
- Free cash flow of INR 435.24 million provides some flexibility but is relatively small given the company's total assets.
- Dilution risk is low, with no significant dilution expected in the near term.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Class B Common Stock → Class A Common StockDisposed 6 350 000conversion · 2026-03-31
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- ASAN.BO Market data — financials · 2026-05-27
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,02 %$46M
- Investment Managers · as of 2026-03-310,01 %$13M
- Investment Managers · as of 2026-03-310,01 %$15M
- Investment Managers · as of 2026-03-310,00 %$27M
- Investment Managers · as of 2026-03-310,00 %$16M
- Investment Managers · as of 2025-12-310,00 %$181M
- Investment Managers · as of 2024-06-300,00 %$98M
- Investment Managers · as of 2024-12-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$23M
- Investment Managers · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$17M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$1M
- Funds · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- Director, Chief Executive Officer · Class A Common StockSold 13 790 @ $6,89$95K · 2026-06-30
- Director · Class A Common StockOther 2 700 000 · 2026-06-30
- GC, Corporate Secretary · Class A Common StockSold 5 242 @ $6,68$35K · 2026-06-26
- Chief Financial Officer · Class A Common StockSold 13 239 @ $6,73$89K · 2026-06-24
- GC, Corporate Secretary · Class A Common StockSold 8 337 @ $6,74$56K · 2026-06-24
- Chief Financial Officer · Class A Common StockSold 6 089 @ $6,65$40K · 2026-06-22
- Director, Chief Executive Officer · Class A Common StockSold 26 975 @ $6,66$180K · 2026-06-22
- GC, Corporate Secretary · Class A Common StockSold 7 647 @ $6,66$51K · 2026-06-22
- Chief Accounting Officer · Class A Common StockSold 11 378 @ $6,66$76K · 2026-06-22
- Chief Financial Officer · Class A Common StockSold 25 607 @ $6,66$171K · 2026-06-22
- Director, Chief Executive Officer · Class A Common StockOther 654 665 · 2026-06-17
- Director · Class A Common StockOther 22 378 · 2026-06-08
- Director · Class A Common StockOther 22 378 · 2026-06-08
- Director · Class A Common StockOther 22 378 · 2026-06-08
- Director · Class A Common StockOther 22 378 · 2026-06-08
- Director · Class A Common StockOther 22 378 · 2026-06-08
- GC, Corporate Secretary · Class A Common StockOther 98 200 · 2026-05-06
- Chief Financial Officer · Class A Common StockOther 585 775 · 2026-05-06
- Director · Class A Common StockOther 1 335 · 2026-05-01
- Director · Class A Common StockOther 2 056 · 2026-05-01
- Director · Class A Common StockOther 2 323 · 2026-05-01
- Director · Class A Common StockOther 1 186 · 2026-05-01
- Director · Class A Common StockOther 6 350 000 · 2026-03-31
- Director · Class A Common StockOther 6 350 000 · 2026-03-31
- Chief Financial Officer · Class A Common StockSold 30 650 @ $6,10$187K · 2026-03-27