Ahmedabad Steelcraft Ltd

Ahmedabad Steelcraft Ltd

₹ 275 2.27%
11 Jun 4:01 p.m.
About

Incorporated in 1992, Ahmedabad Steel Craft trades and exports Steel Windows and Door Sections[1]

Key Points

Business Overview:[1][2]
Company export and supplies Mild Steel Window, Door and Ventilator Sections used in making fabricated frames of Window, Door & Ventilator. These are supplied as per clients specification according to Indian, British, German or American Standards Specification. Steel windows and Doors are fire and termite proof, easy for installation and durable.
Company has also made capital contribution in Limited Liability Partnership engaged in real estate and may independently start these activities

  • Market Cap 415 Cr.
  • Current Price 275
  • High / Low 391 / 83.1
  • Stock P/E 38.8
  • Book Value 59.8
  • Dividend Yield 0.00 %
  • ROCE 22.0 %
  • ROE 18.9 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 68.9% CAGR over last 5 years
  • Promoter holding has increased by 2.41% over last quarter.
  • Company's median sales growth is 18.3% of last 10 years

Cons

  • Stock is trading at 4.60 times its book value
  • Company has a low return on equity of 5.65% over last 3 years.
  • Company has high debtors of 260 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.31 0.24 0.60 0.77 0.59 0.46 0.22 0.06 0.02 0.00 38.43 68.15 65.30
0.64 0.53 1.01 1.03 0.88 0.71 1.13 0.36 3.27 0.35 36.92 62.01 60.54
Operating Profit -0.33 -0.29 -0.41 -0.26 -0.29 -0.25 -0.91 -0.30 -3.25 -0.35 1.51 6.14 4.76
OPM % -106.45% -120.83% -68.33% -33.77% -49.15% -54.35% -413.64% -500.00% -16,250.00% 3.93% 9.01% 7.29%
0.48 0.11 0.12 0.12 0.44 0.15 0.19 0.22 1.69 0.35 0.02 0.04 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00
Depreciation 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.10 -0.22 -0.33 -0.18 0.11 -0.14 -0.76 -0.12 -1.57 0.00 1.53 6.18 4.77
Tax % 10.00% 4.55% 3.03% 5.56% 9.09% 7.14% 1.32% 8.33% -21.02% 0.00% 7.93% 26.62%
0.09 -0.23 -0.34 -0.19 0.10 -0.15 -0.77 -0.12 -1.25 0.00 1.53 5.69 3.49
EPS in Rs 0.22 -0.56 -0.83 -0.46 0.24 -0.37 -1.88 -0.29 -3.05 0.00 1.01 3.77 2.31
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
12 3 3 4 9 10 7 2 1 2 1 172
12 6 4 5 10 11 9 3 2 3 5 160
Operating Profit 0 -4 -1 -1 -1 -1 -2 -1 -1 -1 -5 12
OPM % 0% -143% -28% -29% -12% -11% -23% -63% -171% -56% -609% 7%
2 2 2 1 1 3 1 1 1 1 2 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 2 -2 1 0 0 1 -1 -0 -1 -1 -3 12
Tax % 5% -2% -4% 200% 9% 0% 28% -32% 7% 5% -12% 14%
2 -2 1 -0 0 1 -1 -0 -1 -1 -2 11
EPS in Rs 4.42 -5.45 2.05 -0.02 0.49 3.03 -2.22 -0.56 -1.47 -1.61 -5.60 7.09
Dividend Payout % 23% 0% 37% -2,045% 102% 16% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 53%
5 Years: 89%
3 Years: 529%
TTM: 22222%
Compounded Profit Growth
10 Years: 21%
5 Years: 69%
3 Years: 171%
TTM: 363%
Stock Price CAGR
10 Years: 23%
5 Years: 96%
3 Years: 146%
1 Year: 238%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 6%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 10
Reserves 23 21 21 22 22 22 21 21 21 21 19 81
0 0 0 0 0 0 0 0 0 0 0 0
1 0 1 0 1 0 1 1 1 1 0 35
Total Liabilities 28 25 26 26 27 27 26 26 26 26 23 125
2 2 2 2 2 2 4 4 4 4 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 17 18 18 19 17 16 14 15 15 14 16 0
9 6 6 5 8 10 8 7 7 8 7 124
Total Assets 28 25 26 26 27 27 26 26 26 26 23 125

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 1 -3 1 -3 -1 -2 -1 -1 -2 -0 -77
0 -1 1 0 3 2 1 1 1 2 4 18
0 0 0 -0 -0 -0 -0 -0 -0 -0 -0 56
Net Cash Flow 0 -1 -1 0 0 1 -1 0 -0 -0 3 -3

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 11 0 131 62 96 69 115 290 735 370 0 260
Inventory Days 0 0 9 6 8 0 0 0 0 0 0 0
Days Payable 54 8 5
Cash Conversion Cycle 11 0 86 60 100 69 115 290 735 370 0 260
Working Capital Days 18 121 154 81 91 92 150 472 1,296 416 213 187
ROCE % 7% -9% 3% -0% 1% 5% -3% -1% -2% -2% -18% 22%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
66.23% 66.24% 66.81% 67.65% 67.78% 67.89% 67.89% 67.89% 67.89% 67.89% 67.89% 70.30%
33.77% 33.76% 33.19% 32.34% 32.22% 32.12% 32.12% 32.12% 32.11% 32.11% 32.10% 29.71%
No. of Shareholders 2,9972,9482,9212,8922,8552,8072,5802,6002,5202,5052,5732,619

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