Ahmedabad Steelcraft Ltd
Incorporated in 1992, Ahmedabad Steel Craft Ltd operates in EPC services and Infrastructure
Construction[1]
- Market Cap ₹ 279 Cr.
- Current Price ₹ 185
- High / Low ₹ 336 / 172
- Stock P/E 14.0
- Book Value ₹ 82.1
- Dividend Yield 0.00 %
- ROCE 21.4 %
- ROE 18.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 68.1% CAGR over last 5 years
- Company's median sales growth is 18.3% of last 10 years
Cons
- Company has a low return on equity of 5.36% 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.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 3 | 3 | 4 | 9 | 10 | 7 | 2 | 1 | 2 | 1 | 172 | 241 | |
| 12 | 6 | 4 | 5 | 10 | 11 | 9 | 3 | 2 | 3 | 5 | 160 | 215 | |
| Operating Profit | 0 | -4 | -1 | -1 | -1 | -1 | -2 | -1 | -1 | -1 | -5 | 12 | 26 |
| OPM % | 0% | -143% | -28% | -29% | -12% | -11% | -23% | -63% | -171% | -56% | -609% | 7% | 11% |
| 2 | 2 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 2 | 0 | 0 | |
| Interest | 0 | 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 | 0 |
| Profit before tax | 2 | -2 | 1 | 0 | 0 | 1 | -1 | -0 | -1 | -1 | -3 | 12 | 26 |
| 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 | 20 | |
| 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 | 11.10 | 24.70 |
| 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: | 525% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 68% |
| 3 Years: | 168% |
| TTM: | 12400% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 62% |
| 3 Years: | 112% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| Last Year: | 18% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 10 | 15 |
| Reserves | 23 | 21 | 21 | 22 | 22 | 22 | 21 | 21 | 21 | 21 | 19 | 81 | 109 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 1 | 0 | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 35 | 66 | |
| Total Liabilities | 28 | 25 | 26 | 26 | 27 | 27 | 26 | 26 | 26 | 26 | 23 | 125 | 190 |
| 2 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 0 | 0 | 2 | |
| CWIP | 0 | 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 | 0 |
| 9 | 6 | 6 | 5 | 8 | 10 | 8 | 7 | 7 | 8 | 7 | 124 | 188 | |
| Total Assets | 28 | 25 | 26 | 26 | 27 | 27 | 26 | 26 | 26 | 26 | 23 | 125 | 190 |
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 | -1 | -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% | 21% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19h - Newspaper Advertisement for publication of financial results for september 2025 quarter
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Board approved Q2/H1 Sep 30, 2025 unaudited results; CFO resigned effective Nov 11, 2025.
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Un-Audited Financial Results For The Quarter And Half Year Ended On 30.09.2025
2d - Board approved unaudited Q2/H1 results (Sep 30, 2025); CFO Kamlesh Sharma resigned effective Nov 11, 2025.
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Board Meeting Outcome for Board Meeting Held On November 11, 2025
2d - Approved unaudited Q2/H1 results (ended Sep 30, 2025); CFO Kamlesh Kumar Sharma resigned effective Nov 11, 2025.
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Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
2d - Board approved unaudited results for quarter/half ended Sep 30, 2025; CFO Kamlesh Sharma resigned effective Nov 11, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
ASCL specializes in power infrastructure EPC (Engineering, Procurement, and Construction)
and manufacturing and trading. It is engaged in supplying, and erecting power transmission
and distribution infrastructure, including high-voltage transmission lines and substations.