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 ₹ 57.8 Cr.
- Current Price ₹ 31.1
- High / Low ₹ 81.9 / 26.4
- Stock P/E 9.28
- Book Value ₹ 27.4
- Dividend Yield 0.00 %
- ROCE 18.3 %
- ROE 18.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.14 times its book value
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 | |
---|---|---|---|---|
54.52 | 54.70 | 51.75 | 70.18 | |
52.88 | 51.36 | 43.61 | 59.44 | |
Operating Profit | 1.64 | 3.34 | 8.14 | 10.74 |
OPM % | 3.01% | 6.11% | 15.73% | 15.30% |
0.47 | 0.42 | 0.08 | 0.65 | |
Interest | 1.14 | 1.13 | 2.13 | 1.87 |
Depreciation | 0.66 | 0.66 | 1.02 | 1.03 |
Profit before tax | 0.31 | 1.97 | 5.07 | 8.49 |
Tax % | 329.03% | 28.43% | 25.44% | 26.74% |
-0.72 | 1.40 | 3.78 | 6.23 | |
EPS in Rs | -16.30 | 29.07 | 2.62 | 3.35 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 120% |
TTM: | 65% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
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 | |
---|---|---|---|---|
Equity Capital | 4.42 | 4.82 | 14.45 | 18.59 |
Reserves | 6.78 | 8.94 | 3.09 | 32.25 |
17.66 | 23.93 | 23.73 | 21.15 | |
6.51 | 7.08 | 6.08 | 7.19 | |
Total Liabilities | 35.37 | 44.77 | 47.35 | 79.18 |
6.13 | 5.76 | 18.81 | 18.21 | |
CWIP | 0.17 | 13.15 | 0.00 | 7.12 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 |
29.07 | 25.86 | 28.54 | 53.85 | |
Total Assets | 35.37 | 44.77 | 47.35 | 79.18 |
Cash Flows
Figures in Rs. Crores
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
-6.76 | 7.96 | 4.69 | 2.58 | |
-1.26 | -13.56 | -0.27 | -10.09 | |
8.13 | 5.52 | -4.31 | 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 | 143.87 | 116.24 | 161.16 | 172.25 |
ROCE % | 9.32% | 18.24% | 18.29% |
Documents
Announcements
-
Outcome of Board Meeting
29 May 2025 - Audited FY25 financial results and IPO fund utilization report with no deviations.
-
Statement of deviation(s) or variation(s) under Reg. 32
29 May 2025 - No deviation in utilization of Rs. 2684 lakh IPO funds as of March 31, 2025.
-
Outcome of Board Meeting
29 May 2025 - Audited FY25 results and IPO fund utilization report with no deviations, confirming compliance.
-
General Updates
28 May 2025 - Independent Director Harsh Singrodia resigned on March 10, 2025, citing personal reasons.
-
Structural Digital Database
28 May 2025 - Compliance certificate for SEBI PIT Regulations; no UPSI events recorded for H2 FY25.
Annual reports
No data available.
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