Abha Power and Steel Ltd
Founded in 2004, Abha Power and Steel Limited is engaged in the business of casting and manufacturing iron and steel products.[1]
- Market Cap ₹ 63.7 Cr.
- Current Price ₹ 34.2
- High / Low ₹ 55.2 / 26.4
- Stock P/E 12.2
- Book Value ₹ 28.4
- Dividend Yield 0.00 %
- ROCE 18.3 %
- ROE 18.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Castings & Forgings
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 54.52 | 54.70 | 51.75 | 70.18 | 70.35 | |
| 52.88 | 51.36 | 43.61 | 59.44 | 61.37 | |
| Operating Profit | 1.64 | 3.34 | 8.14 | 10.74 | 8.98 |
| OPM % | 3.01% | 6.11% | 15.73% | 15.30% | 12.76% |
| 0.47 | 0.42 | 0.08 | 0.65 | 0.97 | |
| Interest | 1.14 | 1.13 | 2.13 | 1.87 | 1.80 |
| Depreciation | 0.66 | 0.66 | 1.02 | 1.03 | 1.01 |
| Profit before tax | 0.31 | 1.97 | 5.07 | 8.49 | 7.14 |
| Tax % | 329.03% | 28.43% | 25.44% | 26.74% | |
| -0.72 | 1.40 | 3.78 | 6.23 | 5.20 | |
| EPS in Rs | -16.30 | 29.07 | 2.62 | 3.35 | 2.80 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 120% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 4.42 | 4.82 | 14.45 | 18.59 | 18.59 |
| Reserves | 6.78 | 8.94 | 3.09 | 32.25 | 34.28 |
| 17.66 | 23.93 | 23.73 | 21.16 | 19.63 | |
| 6.51 | 7.08 | 6.09 | 7.18 | 8.67 | |
| Total Liabilities | 35.37 | 44.77 | 47.36 | 79.18 | 81.17 |
| 6.13 | 5.76 | 18.81 | 18.22 | 17.31 | |
| CWIP | 0.17 | 13.15 | 0.00 | 7.12 | 19.30 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 29.07 | 25.86 | 28.55 | 53.84 | 44.56 | |
| Total Assets | 35.37 | 44.77 | 47.36 | 79.18 | 81.17 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -6.76 | 7.96 | 3.17 | 2.58 | |
| -1.26 | -13.56 | -0.84 | -10.09 | |
| 8.13 | 5.52 | -2.22 | 22.62 | |
| Net Cash Flow | 0.11 | -0.08 | 0.11 | 15.11 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 64.27 | 63.86 | 59.74 | 53.00 |
| Inventory Days | 82.31 | 149.24 | 234.61 | 218.53 |
| Days Payable | 32.69 | 39.49 | 25.89 | 16.20 |
| Cash Conversion Cycle | 113.90 | 173.61 | 268.46 | 255.33 |
| Working Capital Days | 89.98 | 57.32 | 81.04 | 110.10 |
| ROCE % | 9.32% | 18.24% | 18.29% |
Documents
Announcements
-
Press Release
31 January 2026 - Secured ₹64.88 lakh order from reputed Railway OEM; order book ~₹25.20 crore; delivery by 28 Feb 2026.
-
Press Release
30 January 2026 - Won ₹89.39 lakh North Central Railway order; execution by 31 Oct 2026; order book ₹25.20 crore.
-
Press Release
30 January 2026 - Secured ₹65,04,790.12 order from reputed Railway OEM; order book ~₹25.20 crore; delivery by 28-Feb-2026.
-
Press Release
29 January 2026 - Secured ₹91.76 lakh casting order from heavy industries OEM; order book ~₹23 crore as of Jan 29, 2026.
-
Analysts/Institutional Investor Meet/Con. Call Updates
29 January 2026 - Transcript of Valueportal investor event held Jan 23, 2026; MD Atish Agrawal participated.
Annual reports
Concalls
-
Nov 2025Transcript PPT REC
Business Profile[1]
Abha Power and Steel Limited operates in the iron and steel foundry business, producing standard and customized products for industries like Indian Railways, steel, cement, mining, power, and heavy engineering. Its manufacturing expertise spans all grades of mild steel, spheroidal graphite iron, manganese steel, stainless steel, and high alloy castings. The company is certified by RDSO for supplying casting products to Indian Railways and holds a PED certificate, qualifying it for exports to European nations