Add-Shop ERetail Ltd (ASRL)

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Add-Shop ERetail Ltd (ASRL) · mywealthgrid

About

Add-Shop ERetail Ltd operates in E-Retail/ E-Commerce within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹16 Cr

P/E

15.3×

P/B

0.1×

Dividend yield

ROE

0.9%

ROCE

2.2%

Debt / equity

0.11

OPM

2.1%

EPS (TTM)

₹0.4

Book value

₹40.2

52-week high

—

52-week low

—

1,593 historical price candles were omitted because the exchange source has not been verified.

₹5.7-0.2%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Low return on equity of 2.3% (3-yr avg)
−Thin operating margin of 2.1%
−Profit declined 32.8% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

35/100

Business quality: 21
Growth: 0
Valuation: 84

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

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Meesho LimitedMEESHOMEESHO	₹99,812 Cr	₹99,812 Cr	₹12,626 Cr	₹-1,485 Cr	-11.8%	₹-1,358 Cr	-10.8%	-23.8%	-31%	-40
Swiggy LimitedSWIGGYSWIGGY	₹65,695 Cr	₹65,795 Cr	₹24,904 Cr	₹-2,927 Cr	-14%	₹-3,749 Cr	-18%	-24.6%	-19.7%	-16
Urban Company LimitedURBANCOURBANCO	₹24,111 Cr	₹24,111 Cr	₹1,717 Cr	₹-311 Cr	-14.3%	₹-334 Cr	-15.1%	-6.3%	-11.9%	-115
Cartrade Tech LimitedCARTRADECARTRADE	₹13,472 Cr	₹13,472 Cr	₹807 Cr	₹276 Cr	33%	₹231 Cr	31.3%	11.9%	9.5%	21
Brainbees Solutions LimitedFIRSTCRYFIRSTCRY	₹9,124 Cr	₹9,718 Cr	₹8,792 Cr	₹289 Cr	3.1%	₹-125 Cr	-2.4%	0.6%	-2.9%	81
Rentomojo LimitedRENTOMOJORENTOMOJO	₹5,461 Cr	₹5,649 Cr	₹387 Cr	₹159 Cr	41.1%	₹104 Cr	27%	26.3%	43.6%	—
Rattanindia Enterprises LimitedRTNINDIARTNINDIA	₹3,500 Cr	₹4,563 Cr	₹7,697 Cr	₹-654 Cr	-1.1%	₹-653 Cr	-2.2%	—	-19.6%	—
Macfos LtdROBUROBU	₹1,092 Cr	—	₹309 Cr	₹36 Cr	11.7%	₹26 Cr	8.3%	—	—	—
Intrasoft Technologies LimitedISFTISFT	₹160 Cr	₹177 Cr	₹545 Cr	₹17 Cr	3.1%	₹14 Cr	2.5%	5.9%	5.4%	0
Digidrive Distributors LimitedDIGIDRIVEDIGIDRIVE	₹68 Cr	₹68 Cr	₹47 Cr	₹-1 Cr	-3.7%	₹6 Cr	11.7%	2.8%	2%	48
Pace E-Commerce Ventures LtdPACEPACE	₹35 Cr	₹53 Cr	₹100 Cr	₹6 Cr	5.6%	₹4 Cr	3.8%	8.5%	4.8%	64
Ahasolar Technologies LtdAHASOLARAHASOLAR	₹20 Cr	—	₹11 Cr	₹-0 Cr	-0.4%	₹0 Cr	1.6%	—	—	—

Loading peers…

Financials

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

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	37	79	160	200	203	155	155
COGS	-2	56	120	151	174	117	116
Gross profit	—	23	40	48	29	38	39
	36	12	15	19	21	32	36
	3	11	25	29	8	6	3
OPM %	6.9%	14.6%	15.6%	14.5%	3.7%	4.1%	2.1%
Depreciation	0	0	0	1	1	1	1
Interest	1	1	1	1	1	1	1
	0	0	0	0	0	0	0
Profit before tax	2	10	23	27	6	5	2
Tax	1	3	4	8	3	1	0
Tax %	29.8%	24.8%	18.6%	30.3%	48%	26.6%	30.3%
	1	8	19	19	3	3	1
PAT margin %	3.2%	9.8%	12%	9.6%	1.6%	2.1%	0.7%
EPS (₹)	1.9	6.8	9.9	6.8	1.1	1.2	0.4
EPS adjusted (₹)	—	4	9.9	6.8	1.1	1.2	0.4
Annual report	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	11	19	28	28	28	28
Reserves	9	20	79	82	85	86
Minority interest	—	—	0	—	—	—
	8	3	1	13	38	12
	17	8	43	3	5	26
Total equity & liabilities	45	51	151	126	155	152
	5	7	6	6	5	6
CWIP	0	0	—	—	—	—
Investments	0	0	0	0	0	0
	40	44	144	120	150	146
Total assets	45	51	151	126	155	152

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-3	1	9	-20	-19	-10	8
	-0	-1	-3	-25	9	-15	18
	3	1	-5	45	11	24	-27
Net cash flow	0	0	1	-1	1	-1	-0
Free cash flow	-3	-1	6	-20	-19	-10	7
CFO / Operating profit %	-98.8%	5.1%	35%	-70.1%	-246.6%	-159.1%	241.3%

Compounded sales growth

7 years: —
5 years: 15%
3 years: -8%
1 year: 0%

Compounded profit growth

7 years: —
5 years: -33%
3 years: -62%
1 year: -68%

Return on equity

7 years: —
5 years: 15%
3 years: 2%
Last year: 1%

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Ratios

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

Standalone figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	29.3%	25%	24.2%	14.2%	24.5%	25.2%
EBITDA margin %	6.9%	14.6%	15.6%	14.5%	3.7%	4.1%	2.1%
EBIT margin %	6.3%	14.2%	15.3%	14.2%	3.5%	3.7%	1.7%
PAT margin %	3.2%	9.8%	12%	9.6%	1.6%	2.1%	0.7%
Working capital
Receivable days	—	147	52	164	154	226	264
Inventory days	—	51	59	68	54	100	102
Payable days	—	82	10	86	4	8	33
NWC days	—	117	101	146	205	318	333
Leverage
Current ratio	—	1.82	5.55	3.01	7.55	3.07	5.96
Debt to EBITDA	—	0.67	0.13	0.03	1.68	6.01	3.78
Debt to equity	—	0.38	0.08	0.01	0.12	0.34	0.11
Interest coverage	3.3	11.4	24.7	28.5	6.9	4.7	2.3
Asset turnover	—	1.75	3.15	1.33	1.61	1	1.02
Return ratios
Return on assets %	—	17.1%	37.7%	12.7%	2.5%	2.1%	0.7%
Return on capital employed %	—	49.1%	74.5%	37.8%	6.5%	5.1%	2.2%
Return on equity %	—	37.8%	48.5%	17.9%	2.9%	2.9%	0.9%

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
	27.2%	27.2%	27.2%	27.2%	27.2%	27.2%	27.2%	27.2%	27.2%	27.2%	27.2%	27.2%
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%
	72.8%	72.8%	72.8%	72.8%	72.8%	72.8%	72.8%	72.8%	72.8%	72.8%	72.8%	72.8%
No. of shareholders	—	—	—	—	—	—	—	—	33,218	32,307	31,376	30,801

Promoter holding up 0 percentage points since Sep 2023.

42 deals · 3 Nov 2021 – 24 Sept 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Sept 2024	JR SEAMLESS PRIVATE LIMITED	Bulk	BSE	Buy	2,59,461	₹17.75	₹0.46 Cr
31 Aug 2023	JIGNESH AMRUTLAL THOBHANI	Bulk	BSE	Sell	10,87,770	₹37.65	₹4.10 Cr
31 Aug 2023	BLACKBERRY SAREES PRIVATE LIMITED	Bulk	BSE	Buy	7,00,000	₹37.65	₹2.64 Cr
31 Aug 2023	GEMZAR ENTERPRISES PRIVATE LIMITED	Bulk	BSE	Buy	3,87,770	₹37.65	₹1.46 Cr
30 Aug 2023	DINESHKUMAR BHANUSHANKAR PANDYA	Bulk	BSE	Sell	10,88,000	₹37.86	₹4.12 Cr
30 Aug 2023	JIGNESH AMRUTLAL THOBHANI	Bulk	BSE	Buy	10,87,770	₹37.86	₹4.12 Cr
29 Aug 2023	DINESHKUMAR BHANUSHANKAR PANDYA	Bulk	BSE	Sell	14,12,000	₹38.17	₹5.39 Cr
29 Aug 2023	VEDANKIT TRADERS PRIVATE LIMITED	Bulk	BSE	Buy	7,85,000	₹38.13	₹2.99 Cr
29 Aug 2023	INVESTINO VENTURE LLP .	Bulk	BSE	Buy	5,35,000	₹38.22	₹2.04 Cr
2 Jun 2023	VIVEK MEHROTRA	Bulk	BSE	Sell	1,69,998	₹36.26	₹0.62 Cr

1–10 of 42

1 / 5

Mr. DINESHKUMAR BHANUSHANKAR PANDYAExecutive Director-Chairperson-MD
Mrs. JAYSHREE DINESHBHAI PANDYANon-Executive - Non Independent Director
Mrs. SHRADDHA DEV PANDYAExecutive Director
Mr. MAHARSHI JIGAR PANDYAExecutive Director
Mr. HARESH SURYAKANTBHAI PUJARANon-Executive - Independent Director
Mr. RAJATKUMAR DINESHBHAI PATELNon-Executive - Independent Director
Mr. MAULIK M CHAVDANon-Executive - Independent Director
Mr. MANISH SHRICHAND BACHANINon-Executive - Independent Director
Mr. Rajen P VyasChief Financial Officer
Mr. Nihal Nitinkumar ModiCompany 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 Add-Shop ERetail 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

Annual reports

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

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

1

Board meeting to consider results12 Aug 2026

2

Bonus 7:1014 Jan 2022 · ex-date
Bonus 3:422 Jul 2020 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

15 announcementsExport CSV

30 Sept 2026, 6:48 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

Loading announcements…

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	29.3%	25%	24.2%	14.2%	24.5%	25.2%
EBITDA margin %	6.9%	14.6%	15.6%	14.5%	3.7%	4.1%	2.1%
EBIT margin %	6.3%	14.2%	15.3%	14.2%	3.5%	3.7%	1.7%
PAT margin %	3.2%	9.8%	12%	9.6%	1.6%	2.1%	0.7%
Working capital
Receivable days	—	147	52	164	154	226	264
Inventory days	—	51	59	68	54	100	102
Payable days	—	82	10	86	4	8	33
NWC days	—	117	101	146	205	318	333
Leverage
Current ratio	—	1.82	5.55	3.01	7.55	3.07	5.96
Debt to EBITDA	—	0.67	0.13	0.03	1.68	6.01	3.78
Debt to equity	—	0.38	0.08	0.01	0.12	0.34	0.11
Interest coverage	3.3	11.4	24.7	28.5	6.9	4.7	2.3
Asset turnover	—	1.75	3.15	1.33	1.61	1	1.02
Return ratios
Return on assets %	—	17.1%	37.7%	12.7%	2.5%	2.1%	0.7%
Return on capital employed %	—	49.1%	74.5%	37.8%	6.5%	5.1%	2.2%
Return on equity %	—	37.8%	48.5%	17.9%	2.9%	2.9%	0.9%

Date	Category	Subject	Filing
30 Sept 2026, 6:48 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
22 Sept 2026, 8:08 pm	AGM/EGM AGM	Submission Of Voting Result	PDF
22 Sept 2026, 8:06 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
19 Sept 2026, 7:25 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
31 Aug 2026, 5:55 pm	Corp. Action Book Closure	Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015	PDF
31 Aug 2026, 5:50 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
27 Aug 2026, 7:57 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
27 Aug 2026, 7:49 pm	AGM/EGM AGM	Submission Of Annual Report For The Financial Year 2025-26	PDF

Add-Shop ERetail Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

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

Annual reports

Events

Board meetings1

Bonus issues2

Announcements

Board meetings1

Bonus issues2

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

2

1

2