Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 9 Oct - CARE reaffirmed A-/A2+ rating on ₹884.5 crore bank facilities; outlook revised to Stable.
Source: Bse
Asian Star Company Limited (ASTAR)
Small CapConsumer stocks · Small cap · NSE
Asian Star Company Limited operates in Diamond Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 02:16 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
47NeutralSMA20 +8.7% / mo · MACD − · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 54
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
ASTARD candles · FIT view-3.6%Latest close ₹602.30 on 2026-10-19
Daily history is available from 2026-04-20; the requested 1Y window is partially covered.
Bar
-2.7%
RSI
43
MACD hist
-8.33
52W pos
32%
2026-10-19O ₹619.00H ₹619.00L ₹582.00C ₹602.30Vol 112 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ASTARNifty Consumer DurablesNifty 500
- ASTAR
- -3.3%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +2.3 pp
Chart stats
19 Oct 2026- From 52W high
- -29.0%
- 52W range position
- 32%
- ATR (14)
- 6.6%
- Volume vs 20D
- 0.06x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹581.1 - ₹848
₹848
₹485 - ₹848
₹39.6
Latest completed session
20-session average
49.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED28
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -11.0% · PAT -36.8% YoY
Technical
Neutral47
Price trend and sector-relative-strength timing.
Valuation
Legacy model-659.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -11% YoY · PAT -37% YoY · margin compression
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹638 Cr | -11.0% | -14.5% |
| EBITDA | ₹13 Cr | -40.9% | +116.7% |
| Operating margin | 2.1% | -90 bps | +130 bps |
| PAT | ₹12 Cr | -36.8% | NDF |
| PAT margin | 1.9% | -77 bps | +188 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 30.70
- P/B
- 0.62
- EV/EBITDA
- 23.22
- Market Cap
- 1016.00Cr
Profitability
- ROE
- 2.43%
- ROCE
- 3.60%
- ROA
- 1.33%
- Dividend Y
- 0.23%
Growth (CAGR)
- Revenue 5Y
- 3.00%
- EPS 5Y
- -10.00%
- Revenue 3Y
- -14.00%
- EPS 3Y
- -23.00%
Balance Sheet
- Debt/Equity
- 0.30
- Interest Coverage
- 2.39×
- Altman Z
- 3.13
- Book Value
- 1036.00
Cash Flow
- FCF Yield
- 8.86%
- FCF Positive Y
- 10/5
- OCF
- 90.00 Cr
- EPS TTM
- 20.70
Shareholding
- Promoter Hold
- 74.66%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 44%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 638-14.5% vs prev
Net Profit
₹ CrLatest: 12.0
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term trend unclear. RSI 43.
- SMA20 rising (~8.0% over last month) — short-term momentum positive.
- RSI(14) at 43 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 29% off 52W high · 24% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
-
RS percentile
Insufficient history
1M return
-25.4%
3M return
+0.2%
6M return
-
1Y return
-
RS 1D
-
RS 20D
-
Sector rank
#9
Industry rank
-
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
114 observations
19 Oct 2026Value 99.97-0.80%
RS vs Nifty 500100
Valuation & peers
U-Score 28 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 28 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation6/30
Growth1/25
Quality0/20
Balance Sheet10/15
Cash Flow8/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
28
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
28/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 8.9%.
- Cash flow contributes 8/10 to the score.
- Balance sheet contributes 10/15 to the score.
Main drags
- Fair-value margin of safety is negative at -659.8%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Growth is weaker at 1/25; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
30.7
PB
0.6
EV/EBITDA
23.2
ROE
2.4%
ROCE
3.6%
FCF Yield
8.9%
Debt/Equity
0.3
MoS
-659.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
28
Previous: 28
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-659.8%
Previous: -659.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
28
28
28
28
28
28
28
28
28
28
28
28
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹694.63
+13.3% MoS
Growth-justified P/E
3.8
Growth-justified Value
₹79.28
-659.8% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RAJESHEXPO
Small
Rajesh Exports Limited
Jewellery
match 57
41
10.9
0.7%
-597%
WATCHLIST
GOLDIAM
Small
Goldiam International Limited
Jewellery
match 45
64
22.1
20.0%
+31%
UNDERVALUED
RBZJEWEL
Small
RBZ Jewellers Limited
Retail
match 19
62
13.2
20.1%
+56%
UNDERVALUED
SILGO
Small
Silgo Retail Limited
Retail
match 16
23
33.0
5.8%
+1%
OVERVALUED
RGL
Small
Renaissance Global Limited
Retail
match 15
49
15.9
6.9%
+51%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Asian Star Company Limited operates in Diamond Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
66Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 49th percentile of the scored universe and 52nd percentile within Consumer. Main check: results consistency is weak at 23/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Consumer: 52nd pctile, median 66 · Small: 54th pctile, median 66
Evidence depth
Financial-only
4 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
32
weak · capital discipline
Results
23
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 74.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 9.6%.
- ▸10 years of positive FCF.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 3.6%.
- ▸ROE is low at 2.5%.
- ▸1/4 latest quarters had positive YoY revenue growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Asian Star Company Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Resignation of Director 10 Sep - Mr. Bijayananda Pattanayak resigned as Independent Director effective September 8, 2026, due to professional commitments.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Resignation of Director 9 Sep - Mr. Bijayananda Pattanayak resigned as Independent Director effective September 8, 2026, due to professional commitments.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Submission of Newspaper Advertisement for the 32nd AGM of the Company scheduled to be held on Monday, September 28, 2026
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement Under Regulation 30 (LODR) Reg. 2015 5 Sep - Asian Star scheduled 32nd AGM on September 28, 2026; remote e-voting September 25-27, 2026.
Source: Bse
Annual report
Business Responsibility and Sustainability Reporting (BRSR) 4 Sep - Asian Star submitted FY2025-26 BRSR with annual report and director non-disqualification certificate.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement Under Regulation 30 Of SEBI (LODR) Reg. 2015 13 Aug - Board approved Q1 FY27 unaudited results on August 13, 2026 and reappointed internal auditor.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Newspaper advertisement pertaining to Financial result for the quarter ended June 30, 2026
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Jun - Newspaper advertisement published for transfer of Equity shares of the Company to Investor Education and protection Fund (IEPF)
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Dividend Updates 25 May - Board approved FY26 audited results, Rs.1.50 dividend, and revised CEO/CFO remuneration.
Source: Bse
Announcement
Corporate Action-Board approves Dividend 25 May - Board approved FY26 audited results, recommended Rs.1.50 dividend, and revised CEO/CFO remuneration.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.