Ashima Limited — PPTs, 13-11-2024: Investor Presentation

**Financial Highlights:** Ashima Limited reported income from continuing operations of Rs. 5.95 Cr for the quarter, up from Rs. 3.76 Cr year-over-year. PBDIT from continuing operations also increased to Rs. 4.06 Cr. However, PBT from continuing operations fell to Rs. 2.15 Cr due to higher finance costs, while the overall profit for the year reflects a significant loss of Rs. 11.92 Cr, driven by exceptional items related to discontinued operations.

**Strategic Initiatives and Growth Drivers:** The company continues to develop its luxury residential project, "The Sovereign," with strong progress in construction. The slabs of all three basement levels are on track for completion in the next quarter.

**Business Developments:** The real estate segment reported a profit of Rs. 0.45 Cr, reflecting a positive trend. In contrast, the textile segment recorded a loss of Rs. 4.65 Cr as it transitioned to discontinued operations.

**Market Position and Competitive Advantage:** The investment division has shown robust performance, with a PBT of Rs. 3.48 Cr, outperforming benchmarks significantly over the past two fiscal years.

**Investor Implications:** Despite the setbacks in the textile operations, the strategic focus on real estate development and solid investment returns indicate a potential growth path. Investors should monitor the ongoing construction progress and investment performance closely as the company aligns its operations for future stability.