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 ₹ 61.5 Cr.
- Current Price ₹ 33.1
- High / Low ₹ 66.8 / 26.4
- Stock P/E 11.8
- Book Value ₹ 28.4
- Dividend Yield 0.00 %
- ROCE 18.3 %
- ROE 18.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.16 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 | 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: | -53% |
| 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
-
Analysts/Institutional Investor Meet/Con. Call Updates
3 December 2025 - Transcript of post-earnings call (Nov 28, 2025) for H1 ended Sep 30, 2025 available.
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Analysts/Institutional Investor Meet/Con. Call Updates
28 November 2025 - Recorded post-earnings conference call for H1 ended Sept 30, 2025; link provided.
-
Updates
28 November 2025 - Approved H1 Sep 30, 2025 unaudited results: PBT Rs279.02 lakh; EPS 1.09; IPO proceeds utilization shows no deviation.
-
Analysts/Institutional Investor Meet/Con. Call Updates
22 November 2025 - Earnings conference call on Nov 28, 2025 at 04:00 IST to discuss H1FY26 unaudited results.
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Investor Presentation
21 November 2025 - H1 FY26: Revenue ₹34.57 crore, PAT ₹2.03 crore; ₹200+ crore order book; EAF expansion starts January 2026.
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