AFLOAT Enterprises Ltd
₹ 15.7
4.95%
20 May
- close price
About
Incorporated in 2015, Adishakti Loha and Ispat Ltd does trading of Iron and Steel[1]
Key Points
- Market Cap ₹ 7.16 Cr.
- Current Price ₹ 15.7
- High / Low ₹ 16.5 / 0.00
- Stock P/E 26.5
- Book Value ₹ 34.3
- Dividend Yield 0.00 %
- ROCE 3.76 %
- ROE 2.60 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.46 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -11.0% over past five years.
- Company has a low return on equity of 1.80% over last 3 years.
- Company has high debtors of 376 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
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.03 | 10.95 | 11.28 | 5.98 | 3.74 | 1.89 | 6.10 | |
| 0.00 | 0.00 | 0.00 | 10.96 | 11.36 | 6.19 | 3.95 | 2.24 | 6.06 | |
| Operating Profit | 0.00 | 0.00 | 0.03 | -0.01 | -0.08 | -0.21 | -0.21 | -0.35 | 0.04 |
| OPM % | 100.00% | -0.09% | -0.71% | -3.51% | -5.61% | -18.52% | 0.66% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.37 | 0.32 | 0.44 | 0.35 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 | 0.01 | 0.00 |
| Profit before tax | 0.00 | 0.00 | 0.03 | -0.01 | 0.00 | -0.02 | 0.09 | 0.08 | 0.38 |
| Tax % | 0.00% | 100.00% | -150.00% | 22.22% | 75.00% | 26.32% | |||
| 0.00 | 0.00 | 0.02 | -0.02 | 0.00 | 0.01 | 0.07 | 0.03 | 0.27 | |
| EPS in Rs | 0.00 | 0.00 | 20.00 | -0.07 | 0.00 | 0.02 | 0.15 | 0.07 | 0.59 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -11% |
| 3 Years: | 1% |
| TTM: | 223% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 200% |
| TTM: | 800% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| 1 Year: | 57% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.74 | 2.74 | 4.56 | 4.56 | 4.56 | 4.56 |
| Reserves | -0.02 | -0.02 | 0.00 | 0.26 | 0.26 | 0.45 | 0.52 | 0.55 | 11.07 |
| 0.05 | 0.03 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.00 | 0.00 | 0.01 | 6.33 | 3.33 | 0.37 | 0.37 | 0.06 | 4.13 | |
| Total Liabilities | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 19.76 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.01 | 0.01 | 0.01 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.04 | 0.02 | 0.05 | 9.35 | 6.28 | 5.35 | 5.44 | 5.16 | 19.75 | |
| Total Assets | 0.04 | 0.02 | 0.05 | 9.35 | 6.33 | 5.38 | 5.45 | 5.17 | 19.76 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.03 | -2.85 | 4.60 | -3.02 | -0.33 | -0.39 | -9.73 | |||
| 0.00 | 0.00 | -4.12 | 0.42 | 0.32 | 0.38 | -0.35 | |||
| 0.00 | 3.00 | -0.02 | 2.00 | 0.00 | 0.00 | 10.24 | |||
| Net Cash Flow | 0.03 | 0.14 | 0.46 | -0.59 | -0.01 | -0.01 | 0.16 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 255.67 | 9.71 | 57.98 | 131.75 | 0.00 | 375.77 | ||
| Inventory Days | 0.00 | 0.00 | 10.89 | 0.00 | 0.00 | 821.42 | |||
| Days Payable | 21.77 | 262.32 | |||||||
| Cash Conversion Cycle | 121.67 | 255.67 | 9.71 | 47.10 | 131.75 | 0.00 | 934.86 | ||
| Working Capital Days | 121.67 | 94.33 | 74.42 | 299.08 | 489.92 | 977.20 | 923.87 | ||
| ROCE % | 0.00% | 100.00% | -0.65% | 0.00% | 3.25% | 1.78% | 1.57% | 3.76% |
Documents
Announcements
-
Reg 30 _ Appointment Of Secretarial Auditor
22 May - Approved audited financials FY2025; appointed secretarial and internal auditors for FY2026.
-
Integrated Filing (Financial)
22 May - Approved audited financial results for FY 2025 with auditor's unmodified opinion and related disclosures.
-
Board Meeting Outcome for Outcome Of Board Meeting For Audited Financial Result And Other Matters
22 May - Approved audited financials for FY25; appointed secretarial and internal auditors; no deviation in preferential issue proceeds.
-
Board Meeting Intimation for Audited Financial Results And Other Matters
16 May - Board meeting on May 22 to approve FY25 audited financial results; trading window closed from April 1.
-
Board Meeting Outcome for Outcome Of Meeting For Allotment Of Shares On Conversion Of Warrants
16 May - Allotment of 80 lakh equity shares on preferential basis raising Rs.7.68 crore; paid-up capital increased to Rs.12.56 crore.
Business Overview:[1]
Company is in the business of manufacturing and trading in iron and steel. It also deals in carbon (diamond), non ferrous material viz. gold and scraps i.e. mild steel product, carbon steel, stainless etc.