Aanchal Ispat Ltd
Incorporated in 1996, Aanchal Ispat Ltd deals in manufacturing of TMT Bars, MS Rounds & Angles and Trading of Steel Products
- Market Cap ₹ 12.6 Cr.
- Current Price ₹ 6.03
- High / Low ₹ 19.0 / 5.86
- Stock P/E
- Book Value ₹ 8.50
- Dividend Yield 0.00 %
- ROCE -20.1 %
- ROE -67.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.71 times its book value
- Debtor days have improved from 163 to 103 days.
- Company's working capital requirements have reduced from 208 days to 132 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -12.8% over past five years.
- Promoter holding is low: 32.1%
- Company has a low return on equity of -24.6% over last 3 years.
- Contingent liabilities of Rs.11.0 Cr.
- Promoter holding has decreased over last 3 years: -33.0%
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
154 | 144 | 190 | 191 | 227 | 279 | 384 | 353 | 170 | 121 | 170 | 194 | 118 | |
150 | 140 | 185 | 186 | 221 | 273 | 377 | 343 | 174 | 123 | 173 | 217 | 142 | |
Operating Profit | 4 | 4 | 5 | 5 | 6 | 6 | 7 | 10 | -4 | -2 | -3 | -23 | -24 |
OPM % | 3% | 3% | 3% | 3% | 3% | 2% | 2% | 3% | -2% | -2% | -2% | -12% | -21% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 1 | 0 | |
Interest | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 6 | 5 | 7 | 7 | 8 | 6 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 4 | -8 | -6 | -6 | -30 | -31 |
Tax % | 35% | 32% | 36% | 41% | 31% | 39% | 40% | 35% | 0% | 15% | 21% | 23% | |
0 | 1 | 1 | 0 | 1 | 1 | 1 | 3 | -8 | -5 | -5 | -23 | -24 | |
EPS in Rs | 1.16 | 1.35 | 1.80 | 0.19 | 0.48 | 0.59 | 0.64 | 1.34 | -3.98 | -2.58 | -2.23 | -11.25 | -11.53 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | -13% |
3 Years: | 5% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -273% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -8% |
3 Years: | 1% |
1 Year: | -49% |
Return on Equity | |
---|---|
10 Years: | -7% |
5 Years: | -15% |
3 Years: | -25% |
Last Year: | -68% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
Reserves | 17 | 18 | 19 | 18 | 19 | 40 | 41 | 44 | 35 | 30 | 26 | 2 | -3 |
21 | 26 | 28 | 24 | 27 | 39 | 40 | 45 | 62 | 71 | 78 | 81 | 85 | |
23 | 24 | 20 | 28 | 35 | 34 | 52 | 35 | 11 | 11 | 10 | 7 | 7 | |
Total Liabilities | 65 | 73 | 71 | 91 | 103 | 134 | 154 | 145 | 129 | 132 | 134 | 111 | 109 |
7 | 6 | 6 | 6 | 7 | 26 | 27 | 27 | 26 | 26 | 26 | 25 | 25 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
58 | 66 | 65 | 85 | 96 | 108 | 127 | 118 | 102 | 106 | 108 | 85 | 84 | |
Total Assets | 65 | 73 | 71 | 91 | 103 | 134 | 154 | 145 | 129 | 132 | 134 | 111 | 109 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-13 | -0 | -1 | -6 | 5 | -5 | 5 | 3 | -17 | -5 | 2 | 2 | |
-0 | 0 | 0 | -2 | 0 | 0 | -1 | -0 | -1 | -0 | -1 | -0 | |
13 | 3 | -2 | 8 | -1 | 7 | -4 | -0 | 11 | 2 | 1 | -5 | |
Net Cash Flow | 0 | 3 | -2 | -0 | 4 | 2 | 0 | 2 | -6 | -2 | 1 | -3 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 96 | 67 | 103 | 79 | 77 | 74 | 70 | 167 | 222 | 165 | 103 |
Inventory Days | 78 | 54 | 53 | 53 | 66 | 49 | 39 | 35 | 34 | 68 | 38 | 32 |
Days Payable | 37 | 49 | 31 | 48 | 51 | 40 | 43 | 33 | 16 | 12 | 11 | 2 |
Cash Conversion Cycle | 89 | 101 | 89 | 108 | 94 | 86 | 69 | 71 | 184 | 278 | 193 | 133 |
Working Capital Days | 77 | 93 | 84 | 103 | 89 | 88 | 64 | 77 | 192 | 288 | 203 | 132 |
ROCE % | 11% | 9% | 10% | 8% | 10% | 8% | 7% | 10% | -3% | 0% | 1% | -20% |
Documents
Announcements
-
Intimation Of Receipt Of Request For Reclassification From Promoters
19 Feb - Mrs. Rashmi Goel and Mrs. Monika Goel, members, presently classified under the promoter and promoter group of the company, vide their respective letters dated 19/02/2024 …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - In compliance with the provisions of Regulation 47(1)(b) of the SEBI(LODR) Regulations, 2015 I''m hereby enclosing the copy of the Newspaper Publication with respect of …
- Results-Financial Results For The Quarter Ended 31St December, 2023 13 Feb
- Board Meeting Intimation for Board Meeting Intimation For Un-Audited Financial Results For The Quarter Ended 31St December, 2023. 7 Feb
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jan - Confirmation certificate pursuant to provisions of Regulations 74(5) of the SEBI (DP) Regulations, 2018 duly sent and confirmed by the RTA Purva Sharegistry (I) Pvt …
Business Overview:[1] Company's products are categorized as Re-bars in Steel Industry, under the brand name RELICON. These products are used in Infrastructure and Construction Industry