Asian Star Co (ASTAR) | Financial Analysis & Statements
Asian Star Co., Ltd. Small-cap Consumer Cyclical
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
7.2B
Gross Profit
617.2M
8.61%
Operating Income
193.8M
2.70%
Net Income
193.4M
2.70%
EPS (Diluted)
₹12.08
Balance Sheet Metrics
Total Assets
24.1B
Total Liabilities
8.5B
Shareholders Equity
15.6B
Debt to Equity
0.54
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Jun 30, 2025
Annual Income Flow
2025
Asian Star Co Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 29.6B | 35.2B | 44.8B | 44.2B | 25.4B |
| Cost of Goods Sold | 27.3B | 32.7B | 41.9B | 41.6B | 23.9B |
| Gross Profit | 2.3B | 2.5B | 2.9B | 2.7B | 1.6B |
| Gross Margin % | 7.7% | 7.1% | 6.5% | 6.0% | 6.1% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 408.3M | 429.2M | 553.5M | 500.9M | 216.8M |
| Other Operating Expenses | 49.6M | 10.6M | 54.1M | 72.7M | 116.7M |
| Total Operating Expenses | 457.9M | 439.8M | 607.6M | 573.5M | 333.5M |
| Operating Income | 715.7M | 1.1B | 1.4B | 1.2B | 501.8M |
| Operating Margin % | 2.4% | 3.1% | 3.1% | 2.8% | 2.0% |
| Non-Operating Items | |||||
| Interest Income | 160.7M | 150.5M | 105.2M | 1.5M | 4.5M |
| Interest Expense | 297.9M | 343.6M | 257.6M | 32.1M | 15.3M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 541.3M | 971.1M | 1.0B | 1.1B | 593.5M |
| Income Tax | 126.3M | 195.3M | 218.2M | 190.9M | -46.8M |
| Effective Tax Rate % | 23.3% | 20.1% | 20.8% | 16.9% | -7.9% |
| Net Income | 415.0M | 775.8M | 829.9M | 940.4M | 640.4M |
| Net Margin % | 1.4% | 2.2% | 1.9% | 2.1% | 2.5% |
| Key Metrics | |||||
| EBITDA | 925.7M | 1.3B | 1.5B | 1.3B | 617.8M |
| EPS (Basic) | ₹26.98 | ₹48.25 | ₹51.63 | ₹58.62 | ₹39.94 |
| EPS (Diluted) | ₹26.98 | ₹48.25 | ₹51.63 | ₹58.62 | ₹39.94 |
| Basic Shares Outstanding | 16006800 | 16006800 | 16006800 | 16006800 | 16006800 |
| Diluted Shares Outstanding | 16006800 | 16006800 | 16006800 | 16006800 | 16006800 |
Income Statement Trend
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Asian Star Co Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 947.4M | 1.0B | 1.2B | 1.2B | 1.6B |
| Short-term Investments | 637.0M | 1.9B | 1.6B | 402.1M | 340.0M |
| Accounts Receivable | 9.3B | 10.9B | 10.5B | 10.5B | 8.1B |
| Inventory | 7.4B | 9.2B | 7.7B | 5.6B | 4.9B |
| Other Current Assets | 1.0K | - | - | - | 1.0K |
| Total Current Assets | 21.7B | 24.7B | 22.6B | 21.6B | 17.4B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 1.6B | 1.7B | 1.7B | 617.7M | 617.7M |
| Goodwill | 11.5M | 11.9M | 7.7M | 130.0K | 29.0K |
| Intangible Assets | 11.5M | 11.9M | 7.7M | 130.0K | 29.0K |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 30.4M | 33.0M | -1.7B | 13.0K | 15.0K |
| Total Non-Current Assets | 2.4B | 2.5B | 2.5B | 2.8B | 3.1B |
| Total Assets | 24.1B | 27.1B | 25.1B | 24.3B | 20.5B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 2.4B | 3.8B | 3.7B | 3.5B | 2.2B |
| Short-term Debt | 4.7B | 6.9B | 5.8B | 6.4B | 5.0B |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 294.0M | 250.1M | 240.8M | -1.0K | 151.2M |
| Total Current Liabilities | 7.4B | 11.0B | 9.7B | 10.2B | 7.3B |
| Non-Current Liabilities | |||||
| Long-term Debt | 580.0M | 533.9M | 530.8M | 498.9M | 512.4M |
| Deferred Tax Liabilities | 240.0M | 284.9M | 285.1M | 314.9M | 350.1M |
| Other Non-Current Liabilities | 30.4M | 88.1M | 74.7M | 67.5M | -1.0K |
| Total Non-Current Liabilities | 1.0B | 1.1B | 1.0B | 1.0B | 1.0B |
| Total Liabilities | 8.5B | 12.0B | 10.7B | 11.2B | 8.4B |
| Equity | |||||
| Common Stock | 160.1M | 160.1M | 160.1M | 160.1M | 160.1M |
| Retained Earnings | 12.9B | 12.5B | 11.7B | 10.9B | 10.0B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 15.6B | 15.1B | 14.3B | 13.1B | 12.1B |
| Key Metrics | |||||
| Total Debt | 5.3B | 7.4B | 6.3B | 6.9B | 5.5B |
| Working Capital | 14.3B | 13.7B | 12.9B | 11.4B | 10.1B |
Balance Sheet Composition
Asian Star Co Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 567.1M | 971.1M | 1.0B | 1.1B | 593.5M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | 1.6B | -1.7B | -670.1M | -2.8B | 1.7B |
| Operating Cash Flow | 2.5B | -442.3M | 974.1M | -1.5B | 2.2B |
| Investing Activities | |||||
| Capital Expenditures | -40.4M | -160.7M | -35.0M | 58.4M | -4.8M |
| Acquisitions | - | - | - | - | - |
| Investment Purchases | - | - | - | - | - |
| Investment Sales | - | - | - | - | - |
| Investing Cash Flow | -40.4M | -160.7M | -35.0M | 58.4M | -4.8M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | -2.3M | - |
| Dividends Paid | -24.0M | -24.0M | -24.0M | -24.0M | -24.0M |
| Debt Issuance | - | - | - | - | 3.9M |
| Debt Repayment | - | - | - | -13.4M | -1.2B |
| Financing Cash Flow | -2.2B | 1.0B | -702.3M | 1.4B | -2.4B |
| Free Cash Flow | 2.2B | -818.5M | 886.8M | -1.8B | 1.2B |
| Net Change in Cash | 232.2M | 435.4M | 236.8M | -116.0M | -133.6M |
Cash Flow Trend
Asian Star Co Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
28.73
Price to Book
0.63
Price to Sales
0.34
PEG Ratio
-0.97
Profitability Ratios
Profit Margin
1.22%
Operating Margin
1.45%
Return on Equity
2.76%
Return on Assets
1.79%
Financial Health
Current Ratio
3.04
Debt to Equity
31.94
Beta
0.06
Per Share Data
EPS (TTM)
₹21.89
Book Value per Share
₹1,004.98
Revenue per Share
₹1,822.21
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ASTAR | 10.1B | 28.73 | 0.63 | 2.76% | 1.22% | 31.94 |
| Titan Company | 3.9T | 82.68 | 30.87 | 28.71% | 6.31% | 223.02 |
| Kalyan Jewellers | 426.4B | 37.74 | 7.99 | 14.88% | 3.57% | 99.88 |
| Goldiam | 44.7B | 28.87 | 4.46 | 15.71% | 16.61% | 2.36 |
| Rajesh Exports | 38.0B | 21.54 | 0.22 | 0.60% | 0.02% | 5.25 |
| Vaibhav Global | 35.9B | 17.36 | 2.48 | 11.36% | 5.80% | 15.73 |
Financial data is updated regularly. All figures are in the company's reporting currency.





