14.29
-0.69%
Close of 9 Nov 2026, in INR
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About Ashima
Its shares trade on NSE under the ticker ASHIMASYN.NS. It has been listed since 19 July 1994. In the fiscal year to 31 March 2026, it reported revenue of ₹218.6m and a net loss of ₹203.0m. At that date it held total assets of ₹5.57bn and shareholders' equity of ₹2.77bn.
Ashima Ltd. engages in the manufacture and sale of textile and related products. The company is headquartered in Ahmedabad, Gujarat. The firm is a 100% cotton fabric manufacturer in India. The company offers a range of cotton textile products encompassing denims, garments and ready-to-stitch fabrics and is also engaged in garment processing. Its segments include Textiles, Real Estate, Investment and Others. Its fabrics offering includes denim, yarn dyed shirting, piece dyed fabrics and fusible woven interlinings. Its denim products include Classic denim for Jeans; Superior Ring Denim using Combed & 2 Ply Yarns; Antique denim; High Stretch with low shrinkage Denim; Sandwich dyeing of indigo and sulphurs; and others. The piece-dyed product range includes khakis, poplins, twills, oxfords, satins and dobbies in cotton, linen and blends of regenerated fibers, among others. Its garment solutions include shirts and jeans for men and women. Frank Jefferson is its menswear clothing brand. The company offers ready-to-stitch (RTS) trouser and shirt fabric packs under the brand name ICON.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Textiles, Apparel & Luxury Goods
- Listed since
- 19 Jul 1994
- Employees
- 226
- Website
- ashima.in ↗
Leadership
Pay as last reported
- Mr. Chintan ParikhChairman of the Board, Managing Director, since 1982₹12.8m
- Mrs. Vanita MathurChief Executive Officer
- Mr. Jayesh BhayaniChief Financial Officer₹844,928
- Mr. Harshil ShahChief Compliance Officer, Company Secretary
- Mr. Krishnachintan ParikhExecutive Director, since 2017₹2.3m
- Mr. Sanjay MajmudarNon-Executive Non-lndependent Director₹313,000
- Mr. Neeraj GolasNon-Executive Independent Director₹250,000
- Mr. Nilesh MehtaNon-Executive Independent Director₹213,694
- Mrs. Koushlya MelwaniNon-Executive Independent Director₹250,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- 100% cotton fabric manufacturer in India with strong denim product range including Classic and Superior Ring Denim.
- Offers diverse textile products encompassing denims, garments, and ready-to-stitch fabrics under brands like ICON and Frank Jefferson.
- Segments include Textiles, Real Estate, Investment, and Others, providing diversified revenue streams.
Weaknesses
- Limited to 226 employees, which may constrain scalability and operational capacity.
- Headquartered in Ahmedabad, Gujarat, potentially limiting geographic reach and market access.
- Reliance on cotton fabric manufacturing without diversification into synthetic or blended materials.
Opportunities
- Expansion into emerging markets like Southeast Asia for textile exports.
- Growing demand for sustainable cotton products in global fashion industries.
- Increasing popularity of ready-to-stitch fabrics under ICON brand in domestic markets.
Threats
- Intense competition from larger textile manufacturers in India and globally.
- Fluctuations in cotton prices affecting production costs and profitability.
- Dependence on traditional cotton fabric market with potential decline due to synthetic alternatives.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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