Asgard Alcobev Ltd (ASGARD)

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Asgard Alcobev Ltd (ASGARD) · mywealthgrid

About

Asgard Alcobev operates in diversified commercial services within industrials, with market cap ₹945 Cr. Recent financial data is sparse—revenue absent from quarterly filings, profitability minimal (₹0.72 Cr at best in Mar 2026, mostly breakeven or negative). Stock collapsed 50% over 1 year and underwent split in Jan 2025.

Face value: ₹1

Market cap

₹1,048 Cr

P/E

1,871.2×

P/B

24.8×

Dividend yield

ROE

ROCE

-1%

Debt / equity

OPM

—

EPS (TTM)

₹0.0

Book value

₹1.4

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

PE multiple of 1,687.66 built on near-zero earnings—assess sustainability of minimal profit base and verify whether earnings rebound is structural or temporary
Revenue data absent from recent quarters—unclear if business is operational, dormant, or undergoing restructuring; verify actual revenue and business trajectory
Stock fell 50% in 1 year with zero institutional interest (FII 0%, DII 0%)—assess whether market loss of confidence reflects fundamental business stress
Profitability volatile and negligible (recent quarters range ₹-0.1 Cr to ₹0.72 Cr)—verify path to material, sustained earnings

Generated analysis · source review pending

Growth drivers

Mar 2026 returned to ₹0.72 Cr profit after consecutive losses—verify if reflects business rebound or accounting/timing anomaly
Commercial services sector in India; verify company's specific market segment, competitive position, and whether it can scale operations and capture sector growth
Prior years showed minimal revenue (Dec 2020: ₹0.1 Cr, Mar 2021: ₹0.04 Cr); verify if operations have resumed post-split and revenue trajectory

Generated analysis · source review pending

428 historical price candles were omitted because the exchange source has not been verified.

₹33.6-2.4%1Y

Quick read

rule-based

Pros

+Profit CAGR of 58.7% over the last 3 years
+Almost debt-free (debt/equity 0)

Cons

−Low return on equity of -2.4% (3-yr avg)
−Expensive at 1871.2× trailing earnings
−Trading at 24.8× book value
−Promoter holding fell 11.1 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

44/100

Business quality: 33
Growth: 100
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	0	0	0	0	0	0	0	0	0	0
COGS	—	—	—	—	-0	0	0	0	0	0	0
Gross profit	—	—	—	—	—	0	0	0	0	—	—
	0	0	0	0	0	0	0	0	0	0	1
	0	0	0	0	0	0	-0	-0	-0	-0	-1
OPM %	50%	25%	25%	25%	0%	0%	-16.7%	-15.6%	-7.7%	—	—
Depreciation	—	—	—	—	—	0	0	0	0	0	0
Interest	—	—	—	—	—	0	0	0	0	0	0
	—	—	—	—	—	0	0	0	0	0	1
Profit before tax	—	0	0	0	0	0	-0	0	-0	-0	1
Tax	—	—	—	—	—	0	0	0	0	0	0
Tax %	—	—	—	—	—	—	0%	27.8%	0%	0%	24.3%
	—	0	0	0	0	0	-0	0	-0	-0	1
PAT margin %	—	0%	0%	0%	0%	0%	-16.7%	43.8%	-5.1%	—	—
EPS (₹)	0	—	0	0	0	0	-2.4	5.5	-0.9	-0.1	0
EPS adjusted (₹)	—	—	—	—	—	0	-0.2	0.6	-0.1	-0	0
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	0	0	0	0	12	31
Reserves	-0	-0	0	0	2	11
Minority interest	—	—	—	—	—	0
	0	0	0	0	0	0
	0	0	0	0	0	1
Total equity & liabilities	0	0	0	1	14	44
	0	0	0	0	0	0
CWIP	0	—	—	0	0	—
Investments	0	0	0	0	10	22
	0	0	0	1	4	22
Total assets	0	0	0	1	14	44

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-0	0	0	-0	-4	-1
	0	0	0	0	10	11
	0	0	0	-0	14	-10
Net cash flow	-0	0	0	-0	20	-0
Free cash flow	-0	0	0	-0	-4	-1
CFO / Operating profit %	—	—	—	—	—	—

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	21.9%	22.2%	21.9%	20.5%	—	—
EBITDA margin %	25%	0%	0%	-16.7%	-15.6%	-7.7%	—	—
EBIT margin %	25%	0%	0%	-16.7%	-15.6%	-7.7%	—	—
PAT margin %	0%	0%	0%	-16.7%	43.8%	-5.1%	—	—
Working capital
Receivable days	—	—	114	30	114	168	—	—
Inventory days	—	—	0	0	0	0	—	—
Payable days	—	—	0	0	0	0	—	—
NWC days	—	—	114	30	114	168	—	—
Leverage
Current ratio	—	—	10	5	2.06	2.17	17.17	3.09
Debt to EBITDA	—	—	—	—	—	—	—	—
Debt to equity	—	—	0	0	0	0	0	0
Interest coverage	—	—	—	—	—	—	—	—
Asset turnover	—	—	1.39	2	0.7	0.75	0	0
Return ratios
Return on assets %	—	—	0%	-33.3%	30.4%	-3.8%	-1.1%	1.3%
Return on capital employed %	—	—	0%	-30.8%	80.9%	-10.3%	-2.2%	-1%
Return on equity %	—	—	0%	-35.3%	46.7%	-7.1%	-1.1%	1.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	6.43%	6.43%	6.43%	0.13%	0.14%	71.09%	71.09%	71.09%	71.09%	70.96%	59.95%	59.95%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	93.57%	93.57%	93.57%	99.87%	99.86%	28.91%	28.91%	28.91%	28.91%	29.04%	40.05%	40.05%
No. of shareholders	—	—	—	—	—	—	—	—	1,551	1,815	5,776	5,664

Promoter holding up 53.52 percentage points since Sep 2023.

7 deals · 23 Dec 2022 – 12 Mar 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
12 Mar 2026	RAMESH SAWALRAM SARAOGI	Bulk	BSE	Buy	12,00,000	₹34.21	₹4.11 Cr
26 Feb 2026	MANSI SHARE AND STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Sell	6,00,452	₹45.00	₹2.70 Cr
26 Feb 2026	NAVRATRI SHARE TRADING PRIVATE LIMITED .	Bulk	BSE	Buy	6,00,000	₹45.00	₹2.70 Cr
26 Feb 2026	MANSI SHARE AND STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Buy	1,00,000	₹44.50	₹0.45 Cr
9 Feb 2026	MANSI SHARE AND STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Buy	6,00,000	₹50.00	₹3.00 Cr
27 Feb 2023	SUMIT KUMAR RAMESH GUPTA	Bulk	BSE	Buy	1,623	₹156.70	₹0.03 Cr
23 Dec 2022	BHARATBHUSHAN VIPIN CHOUGULEY	Bulk	BSE	Sell	4,400	₹83.75	₹0.04 Cr

1–7 of 7

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. RONAK JAINExecutive Director-Chairperson
Mrs. PRIYANKA JAINNon-Executive - Non Independent Director
Mr. BINIT SINGHANIAExecutive Director
Mr. SWAMINATHAN MURALIDHARANExecutive Director
Mr. KESHAVA LAKSHMINARAYANA PATKARNon-Executive - Independent Director
Mr. MITADAR PRABHUNon-Executive - Independent Director
Mr. MUNDRATH RAVINDRANATHANNon-Executive - Independent Director
Mr. Sarimul Haque TalukdarCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Asgard Alcobev Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

1

Face value ₹10 → ₹13 Jan 2025 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

16 announcementsExport CSV

1 Oct 2026, 7:01 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	21.9%	22.2%	21.9%	20.5%	—	—
EBITDA margin %	25%	0%	0%	-16.7%	-15.6%	-7.7%	—	—
EBIT margin %	25%	0%	0%	-16.7%	-15.6%	-7.7%	—	—
PAT margin %	0%	0%	0%	-16.7%	43.8%	-5.1%	—	—
Working capital
Receivable days	—	—	114	30	114	168	—	—
Inventory days	—	—	0	0	0	0	—	—
Payable days	—	—	0	0	0	0	—	—
NWC days	—	—	114	30	114	168	—	—
Leverage
Current ratio	—	—	10	5	2.06	2.17	17.17	3.09
Debt to EBITDA	—	—	—	—	—	—	—	—
Debt to equity	—	—	0	0	0	0	0	0
Interest coverage	—	—	—	—	—	—	—	—
Asset turnover	—	—	1.39	2	0.7	0.75	0	0
Return ratios
Return on assets %	—	—	0%	-33.3%	30.4%	-3.8%	-1.1%	1.3%
Return on capital employed %	—	—	0%	-30.8%	80.9%	-10.3%	-2.2%	-1%
Return on equity %	—	—	0%	-35.3%	46.7%	-7.1%	-1.1%	1.3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
International Gemological Institute LimitedIGILIGIL	₹13,482 Cr	₹13,482 Cr	₹1,363 Cr	₹827 Cr	60.9%	₹610 Cr	44.5%	61.1%	49.1%	36
Wework India Management LimitedWEWORKWEWORK	₹8,931 Cr	₹9,264 Cr	₹2,589 Cr	₹1,676 Cr	64.5%	₹84 Cr	3.1%	12.4%	25%	-18
Nesco LimitedNESCONESCO	₹7,249 Cr	₹7,249 Cr	₹951 Cr	₹482 Cr	52.6%	₹417 Cr	44.3%	17%	14.7%	1
Indiabulls LimitedIBULLSLTDIBULLSLTD	₹6,856 Cr	₹7,314 Cr	₹1,101 Cr	₹417 Cr	33.2%	₹419 Cr	41.5%	—	8.9%	—
Inox Green Energy Services LimitedINOXGREENINOXGREEN	₹6,384 Cr	₹6,472 Cr	₹280 Cr	₹28 Cr	8.2%	₹121 Cr	36.8%	8.5%	5.6%	405
Leap India LimitedLEAPINDLEAPIND	₹6,036 Cr	₹7,054 Cr	₹730 Cr	₹157 Cr	21.5%	₹62 Cr	8.6%	9.5%	9.6%	-520
Smartworks Coworking Spaces LimitedSMARTWORKSSMARTWORKS	₹5,837 Cr	₹6,044 Cr	₹1,963 Cr	₹1,260 Cr	64.3%	₹28 Cr	0.6%	7.5%	2%	-102
Elevate Campuses LimitedELEVATEELEVATE	₹5,811 Cr	₹9,931 Cr	₹569 Cr	₹405 Cr	71.3%	₹174 Cr	30.6%	9.3%	21.1%	—
Nirlon LimitedNIRLONNIRLON	₹5,467 Cr	₹6,614 Cr	₹317 Cr	₹237 Cr	79.1%	₹127 Cr	34.3%	23.2%	59.8%	-56
Quess Corp LimitedQUESSQUESS	₹5,023 Cr	₹5,023 Cr	₹15,835 Cr	₹327 Cr	2%	₹253 Cr	1.5%	19.2%	19.7%	19
Indiqube Spaces LimitedINDIQUBEINDIQUBE	₹4,187 Cr	₹4,477 Cr	₹1,564 Cr	₹952 Cr	60.8%	₹-93 Cr	-7.3%	5.7%	-20.7%	-273
Sanghvi Movers LimitedSANGHVIMOVSANGHVIMOV	₹3,719 Cr	₹4,393 Cr	₹1,177 Cr	₹426 Cr	37.4%	₹199 Cr	17.2%	18%	15%	77

Date	Category	Subject	Filing
1 Oct 2026, 7:01 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 5:43 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
30 Sept 2026, 12:45 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
9 Sept 2026, 6:49 pm	Company Update Change in Registered Office Address	Announcement under Regulation 30 (LODR)-Change in Registered Office Address	PDF
8 Sept 2026, 3:58 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Sept 2026, 9:11 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
7 Sept 2026, 9:06 pm	AGM/EGM AGM	Notice Of 42Nd Annual General Meeting Of The Company	PDF
3 Sept 2026, 7:56 pm	Company Update Appointment of Statutory Auditor/s	Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s	PDF

Asgard Alcobev Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Stock splits1

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

No fund holdings on record

Board meetings1

Stock splits1

Not in the F&O segment

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded profit growth

Return on equity

1

1

1

1