Asahi Songwon Colors Limited
Incorporated in 1990, Asahi Songwon Colors is one of the leading manufacturers of blue (Phthalocyanine) pigments for ink, plastics, paint, textile and paper industry with globally benchmarked manufacturing capabilities. The company has ventured into manufacturing of yellow, red and orange (AZO) pigments and APIs.
What Asahi files
- Others54
- Investor Meet14
- Board Meeting13
- Important9
- Updates9
- Dividend/Bonus4
Asahi Songwon's quarterly results show robust growth: Revenue ₹189.70 Cr (+25% YoY), EBITDA ₹32.60 Cr (+171% YoY), Net Profit ₹19.03 Cr (+633% YoY). Blue business excelled. Azo faced raw material headwinds, while API saw improved realizations. Focus on deleveraging; no near-term capex.
Asahi Songwon reports strong Q4: Revenue ₹144.05 Cr (↑19.4% QoQ), Net Profit ₹10.82 Cr (↑378% QoQ), driven by phthalocyanine. API & Azo businesses achieved full-year EBITDA positivity and cash break-even, with API reversing a 3-year price erosion. Progressing towards CEP certification for API.
Asahi Songwon Colors' Q3FY26 consolidated revenue fell 10.79% YoY to ₹120.75 Cr; EBITDA declined 23.32% to ₹10.36 Cr. Azo business turned profitable. API faces challenges but expects EU approvals next fiscal year. Blue business sees muted demand from global slowdown.
Asahi Songwon's Q2/H1 FY26 revenue and profit declined amidst tough API pricing and US tariffs impacting the blue pigment business. Azo segment shows strong progress towards profitability. Crucially, operating cash flow more than doubled, aiding debt reduction.
Board approved Q2 & H1 results. Consolidated revenue fell to 120.90 Cr, profit to 2.10 Cr. Pigments segment revenue saw a sharp decline; API business showed growth. Mr. Maulik Mehta (Deepak Nitrite CEO) appointed as Independent Director.