Ashoka Metcast Limited share price
Ashoka Metcast Limited engages in the trading of steel, goods, and other products in India. It provides thermo-mechanically treated bars, round, mild steel, and angle bars, and steel channels. The company was incorporated in 2009 and is based in Ahmedabad, India.Read more
- Market Cap₹ 39 Cr.
- Current Price₹ 15.43
- High / Low₹ 19 / 12
- Stock P/E2.2
- Book Value₹ 68
- Dividend Yield0.00 %
- ROCE8.6 %
- ROE9.30 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 6.89
- Price / Book0.23
- OPM20.8 %
- Debt / Equity0.48
- Sales growth (4Y)-18.1 %
- Profit growth (4Y)49.7 %
- Promoter holding53.7 %
- EV / EBITDA21.4
- Beta0.99
- All-time high₹ 36
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| ASHOKAMET | +6.41% | +7.30% | -6.37% | -1.34% | -7.88% | -8.20% | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Ashoka Metcast Limited is in the Steel industry (Basic Materials), with a market value of ₹39 crore.
- It trades at 2.2 times its last 12 months' earnings and 0.2 times book value.
- Revenue grew -18.1% a year over the last 4 years, profit 49.7% a year.
- Return on equity was 9.3% and return on capital employed 8.6% in the latest year.
- Debt was 0.48 times shareholders' equity.
- The share price is 20.5% below its 52-week high and down 7.9% over one year.
- Promoters and insiders hold about 53.7%; institutions about 0.0%.
Pros
AI- Trades at 2.2 times earnings, below its 3-year median of 5.9.
Cons
AI- Return on equity has been low: 6.4% on average over the last 3 years.
- Other income makes up 81% of profit before tax.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Ashoka Metcast Limited
Ashoka Metcast Limited engages in the trading of steel, goods, and other products in India. It provides thermo-mechanically treated bars, round, mild steel, and angle bars, and steel channels. The company was incorporated in 2009 and is based in Ahmedabad, India.
- Employees
- 1
- Head office
- Ahmedabad
Peer comparison
Basic MaterialsSteel
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Ashoka Metcast | 15.43 | 2.2 | 39 | 0.00 | 3 | 187.24 | 4 | -25.35 | 8.6 | 9.3 | 0.23 | 20.8 | 0.48 | 53.65 | 28 | -18.1 |
| 2. | JSW Steel | 1,216.30 | 12.1 | 2,96,896 | 0.59 | 4,651 | 209.45 | 46,662 | 5.23 | 18.7 | 24.9 | 2.97 | 12.8 | 1.19 | 63.60 | 1,82,037 | 3.6 |
| 3. | Tata Steel | 175.50 | 19.8 | 2,18,924 | 2.27 | 2,318 | 11.58 | 60,412 | 14.54 | 11.3 | 11.2 | 2.14 | 9.7 | 0.90 | 35.40 | 2,30,293 | -1.6 |
| 4. | Jindal Steel | 1,045.20 | 39.1 | 1,06,348 | 0.19 | 845 | — | 15,553 | 16.99 | 7.5 | 6.9 | 2.09 | 13.8 | 0.44 | 63.86 | 43,561 | -13.1 |
| 5. | Lloyds Metals and Energy | 1,851.70 | 21.3 | 1,04,208 | 0.06 | 1,727 | 164.87 | 7,289 | 206.63 | 19.4 | 36.2 | 7.51 | 33.8 | 1.49 | 77.69 | 16,822 | 71.4 |
| 6. | Steel Authority of India | 170.95 | 16.5 | 70,611 | 1.38 | 1,644 | 31.42 | 26,246 | -10.47 | 7.2 | 5.7 | 1.17 | 6.1 | 0.53 | 65.10 | 1,09,987 | 2.0 |
| 7. | Welspun Corp | 2,571.50 | 29.4 | 67,811 | 0.20 | 1,046 | 49.86 | 4,081 | 3.98 | 19.5 | 19.4 | 7.41 | 12.3 | 0.26 | 49.85 | 16,209 | 19.5 |
| 8. | NMDC | 71.69 | 8.4 | 63,029 | 2.82 | 1,976 | 0.44 | 6,795 | 0.84 | 28.4 | 23.4 | 1.85 | 27.4 | 0.19 | 60.80 | 32,071 | 22.0 |
| 9. | Jindal Stainless | 736.55 | 18.7 | 60,688 | 0.55 | 769 | 7.73 | 11,279 | 10.50 | 17.8 | 17.5 | 3.07 | 10.4 | 0.38 | 64.66 | 42,839 | 6.4 |
| 10. | APL Apollo Tubes | 2,152.70 | 48.1 | 59,772 | 0.40 | 263 | -10.24 | 5,438 | 2.14 | 28.0 | 25.3 | 11.29 | 7.1 | 0.09 | 36.91 | 22,385 | 12.6 |
| Median: 33 Co. | 890.88 | 24.0 | 11,793 | 0.21 | 1,345 | 31.42 | 9,284 | 4.61 | 18.3 | 10.5 | 2.61 | 11.1 | 0.46 | 62.20 | 37,455 | 4.1 |
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Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
No separate related-party filing among the recent announcements of the company.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| 66 | 39 | 28 | 26 | |
| YOY Sales Growth % | -41.19% | -28.90% | ||
| 59 | 35 | 21 | 21 | |
| Material Cost % | 81% | 80% | 58% | 64% |
| Employee Cost % | 2% | 3% | 5% | 5% |
| Other Expenses % | 7% | 7% | 14% | 11% |
| Operating Profit | 7 | 4 | 6 | 5 |
| OPM % | 11% | 10% | 23% | 20% |
| Other Income | 2 | 6 | 10 | 13 |
| Interest | 2 | 2 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 6 | 8 | 14 | 16 |
| 26% | 8% | 22% | 20% | |
| Current tax | 2 | 1 | 3 | |
| Deferred tax | 0 | -0 | -0 | |
| 5 | 7 | 11 | 13 | |
| YOY Profit Growth % | 53.10% | 47.15% | ||
| EPS in Rs | 1.92 | 2.94 | 6.05 | 6.89 |
Compounded Sales Growth
- TTM:
- -21%
Compounded Profit Growth
- TTM:
- 86%
Stock Price CAGR
- 3 Years:
- -8%
- 1 Year:
- -8%
Return on Equity
- 4 Years:
- 6%
- Last Year:
- 9%
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| YOY Sales Growth % | 21.24% | 81.43% | ||
| 2 | 2 | 3 | 4 | |
| Material Cost % | 87% | 86% | 94% | 95% |
| Employee Cost % | 5% | 7% | 1% | 0% |
| Other Expenses % | 11% | 20% | 10% | 8% |
| Operating Profit | -0 | -0 | -0 | -0 |
| OPM % | -3% | -13% | -5% | -4% |
| Other Income | 1 | 3 | 1 | 1 |
| Interest | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 3 | 1 | 0 |
| 25% | 12% | 25% | 45% | |
| Current tax | 0 | 0 | 0 | |
| Deferred tax | 0 | 0 | -0 | |
| 1 | 2 | 1 | 0 | |
| YOY Profit Growth % | 158.89% | -79.00% | ||
| EPS in Rs | 0.37 | 0.96 | 0.20 | 0.08 |
Compounded Sales Growth
- TTM:
- 108%
Compounded Profit Growth
- TTM:
- -88%
Stock Price CAGR
- 3 Years:
- -8%
- 1 Year:
- -8%
Return on Equity
- 4 Years:
- 6%
- Last Year:
- 9%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 |
| Reserves | 76 | 80 | 86 | 97 |
| 16 | 17 | 16 | 58 | |
| Long term borrowings | 3 | 1 | 7 | 43 |
| Short term borrowings | 12 | 15 | 8 | 15 |
| 16 | 17 | 16 | 28 | |
| Trade payables | 6 | 5 | 5 | 7 |
| Minority interest | 5 | 7 | 7 | 12 |
| Current liabilities | 22 | 24 | 15 | 30 |
| Total Liabilities | 133 | 138 | 143 | 208 |
| 9 | 17 | 18 | 22 | |
| Gross block | 11 | 19 | 21 | 25 |
| Accumulated depreciation | 2 | 2 | 3 | 4 |
| CWIP | 2 | 6 | ||
| 124 | 121 | 123 | 181 | |
| Inventories | 32 | 34 | 40 | 51 |
| Trade receivables | 29 | 26 | 26 | 28 |
| Cash & equivalents | 1 | 1 | 1 | 2 |
| Current assets | 103 | 95 | 99 | 128 |
| Total Assets | 133 | 138 | 143 | 208 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| -46 | 16 | -6 | -17 | |
| Profit for the year | 3 | 5 | 5 | 11 |
| Working capital changes | -51 | 10 | -13 | -21 |
| Direct taxes paid | -2 | -1 | -3 | |
| -5 | -13 | 0 | 1 | |
| Fixed assets purchased | -1 | -9 | -2 | -4 |
| Fixed assets sold | 0 | |||
| Investments purchased | -6 | -1 | -6 | |
| Investments sold | 0 | 1 | 11 | |
| 53 | -2 | 5 | 17 | |
| Interest paid | -2 | -2 | -1 | |
| Net Cash Flow | 1 | 0 | -1 | 1 |
| Free Cash Flow | -47 | 7 | -8 | -22 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 3.2% | 4.7% | 5.1% | 9.3% |
| ROCE | — | 4.3% | 6.9% | 6.0% | 8.6% |
| Operating margin | — | 8.0% | 9.5% | 7.9% | 20.8% |
| Net margin | — | 6.4% | 7.2% | 14.1% | 39.0% |
| Debt / equity | — | 0.16 | 0.16 | 0.14 | 0.48 |
| Current ratio | — | 4.77 | 4.02 | 6.48 | 4.23 |
| Debtor days | — | 207 | 145 | 245 | 364 |
| Inventory days | — | 267 | 226 | 446 | 1,054 |
| Days payable | — | 50 | 30 | 56 | 141 |
| Cash conversion cycle | — | 424 | 341 | 635 | 1,277 |
| Working capital days | — | 589 | 393 | 782 | 1,292 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 53.65%
- Public 46.35%
| % | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% |
| 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | 46.35% | |
| Retail (up to ₹2 lakh) | 14.99% | 15.40% | 23.39% | 33.22% | 32.79% | 35.36% | 35.18% | 35.16% | 35.04% | 34.40% | 33.98% | 33.60% |
| HNIs (above ₹2 lakh) | 15.20% | 14.89% | 10.50% | 9.79% | 10.30% | 7.42% | 7.67% | 7.79% | 8.25% | 8.99% | 9.53% | 9.86% |
| NRIs | 0.28% | 0.19% | 0.42% | 0.28% | 0.31% | 0.80% | 0.70% | 0.74% | 0.59% | 0.55% | 0.48% | 0.54% |
| Bodies corporate | 11.33% | 11.53% | 10.88% | 1.54% | 1.59% | 1.18% | 1.22% | 1.13% | 1.00% | 1.00% | 1.02% | 1.02% |
| No. of Shareholders | 3,229 | 4,818 | 11,608 | 16,029 | 15,426 | 19,627 | 19,187 | 18,804 | 18,505 | 17,913 | 17,402 | 16,985 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Ashoka Metcast Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30.09.202614-Oct-2026
- Trading WindowAshoka Metcast Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201526-Sep-2026
- AppointmentAshoka Metcast Limited has informed the Exchange regarding Appointment of Mrs Jhanvi Vikas Sethi as Non- Executive Independent Director of the company w.e.f. August 12, 2026.17-Sep-2026
- Shareholders meetingAshoka Metcast Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 17, 2026. Further, the company has informed the Exchange re…17-Sep-2026
- Shareholders meetingAshoka Metcast Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 17, 202617-Sep-2026
- Price movementSignificant movement in price has been observed in Ashoka Metcast Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and t…16-Sep-2026
- General UpdatesAshoka Metcast Limited has informed the Exchange about Annual Report 2025-26 Web Link Letters to Shareholders26-Aug-2026
- Copy of Newspaper PublicationAshoka Metcast Limited has informed the Exchange about Copy of Newspaper Publication26-Aug-2026
- Shareholders meetingAshoka Metcast Limited has informed the Exchange about Shareholders meeting26-Aug-2026
- Copy of Newspaper PublicationAshoka Metcast Limited has informed the Exchange about Copy of Newspaper Publication14-Aug-2026
- Record DateAshoka Metcast Limited has informed the Exchange that Book Closure is fixed for the purpose of 17th AGM of the Company (Record date: 10/09/2026)12-Aug-2026
- Address ChangeAshoka Metcast Limited has informed the Exchange regarding change in Registered Office of the company.12-Aug-2026
Annual reports
- Financial Year 202626-AUG-2026
- Financial Year 202503-SEP-2025
- Financial Year 202420-AUG-2024
- Financial Year 2023
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Ashoka Metcast Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30.09.2026NSE filing · 14-Oct-2026
- Trading WindowAshoka Metcast Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 26-Sep-2026
- AppointmentAshoka Metcast Limited has informed the Exchange regarding Appointment of Mrs Jhanvi Vikas Sethi as Non- Executive Independent Director of the company w.e.f. August 12, 2026.NSE filing · 17-Sep-2026
- Shareholders meetingAshoka Metcast Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 17, 2026. Further, the company has informed the Exchange re…NSE filing · 17-Sep-2026
- Shareholders meetingAshoka Metcast Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 17, 2026NSE filing · 17-Sep-2026
- Price movementSignificant movement in price has been observed in Ashoka Metcast Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and t…NSE filing · 16-Sep-2026
- General UpdatesAshoka Metcast Limited has informed the Exchange about Annual Report 2025-26 Web Link Letters to ShareholdersNSE filing · 26-Aug-2026
- Copy of Newspaper PublicationAshoka Metcast Limited has informed the Exchange about Copy of Newspaper PublicationNSE filing · 26-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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