Ashoka Metcast Ltd

Ashoka Metcast Ltd

₹ 20.3 1.00%
10 May - close price
About

Incorporated in 2009, Ashoka Metcast Ltd does trading of steel, goods and others

Key Points

Product Profile:[1]
a) TMT Bars: Used for building homes, multistoried high rise, bridges, flyovers and other civil engineering structures
b) Angle Bars: These are steel bars that are used as support for corners and outer rims that are used for various walls and surfaces
c) MS Bars: Mild steel bars are used for tensile stress of RCC (Reinforced cement concrete) slab beams etc. in reinforced cement concrete work
d) Steel Channels: Steel channels are used ideally as supports and guide rails. These are roll-formed products

  • Market Cap 50.7 Cr.
  • Current Price 20.3
  • High / Low 35.7 / 16.0
  • Stock P/E 188
  • Book Value 14.2
  • Dividend Yield 0.00 %
  • ROCE 0.27 %
  • ROE 0.28 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of -32.5% over past five years.
  • Company has a low return on equity of -0.41% over last 3 years.
  • Company has high debtors of 635 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

Sector: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.00 2.68 0.73 0.10 0.00
0.05 2.66 0.71 0.11 0.03
Operating Profit -0.05 0.02 0.02 -0.01 -0.03
OPM % 0.75% 2.74% -10.00%
0.12 0.00 0.00 0.11 0.22
Interest 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.02 0.02 0.02
Profit before tax 0.06 0.01 0.00 0.08 0.17
Tax % 0.00% 0.00% 0.00% 0.00%
0.06 0.01 0.01 0.08 0.17
EPS in Rs 0.03 0.00 0.00 0.03 0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
0.00 0.00 0.00 0.00 0.00 0.10 19.17 0.00 1.98 2.21 0.00 2.68 3.51
0.00 0.00 0.01 0.00 0.00 0.09 19.20 0.30 1.86 2.05 0.24 2.77 3.51
Operating Profit 0.00 0.00 -0.01 0.00 0.00 0.01 -0.03 -0.30 0.12 0.16 -0.24 -0.09 0.00
OPM % 10.00% -0.16% 6.06% 7.24% -3.36%
0.00 0.00 0.00 0.01 0.00 0.00 -0.01 0.24 0.00 0.00 0.31 0.24 0.33
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.16 0.16 0.17 0.06 0.07
Profit before tax 0.00 0.00 -0.01 0.01 0.00 0.01 -0.04 -0.08 -0.04 0.00 -0.10 0.09 0.26
Tax % 0.00% 0.00% 0.00% 25.00% 0.00% 25.00% 0.00% 0.00%
0.00 0.00 -0.01 0.01 0.00 0.01 -0.04 -0.08 -0.03 0.00 -0.10 0.09 0.27
EPS in Rs 0.00 0.00 -10.00 10.00 0.00 10.00 -0.04 -0.07 -0.03 0.00 -0.06 0.04 0.10
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -33%
3 Years: 11%
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: 38%
3 Years: 71%
TTM: 122%
Stock Price CAGR
10 Years: %
5 Years: 35%
3 Years: 73%
1 Year: 27%
Return on Equity
10 Years: %
5 Years: -1%
3 Years: 0%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 0.01 0.01 0.01 0.01 0.01 0.01 10.71 10.71 10.71 10.71 17.54 25.00 25.00
Reserves 0.00 0.00 -0.02 -0.01 -0.01 0.00 10.67 10.58 10.58 10.54 10.45 10.54 10.62
0.43 0.44 1.36 1.28 0.10 0.00 3.05 2.34 0.17 0.00 3.20 0.00 0.00
0.81 0.80 0.01 0.00 18.18 10.57 2.85 2.85 3.24 1.28 6.90 4.35 5.36
Total Liabilities 1.25 1.25 1.36 1.28 18.28 10.58 27.28 26.48 24.70 22.53 38.09 39.89 40.98
0.00 0.00 0.00 0.00 0.00 0.01 0.05 0.27 0.24 0.25 0.20 0.15 0.12
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.16 1.16 1.16 1.16 3.66 4.62 15.61 8.61 8.61 16.01 17.91 17.91 17.88
0.09 0.09 0.20 0.12 14.62 5.95 11.62 17.60 15.85 6.27 19.98 21.83 22.98
Total Assets 1.25 1.25 1.36 1.28 18.28 10.58 27.28 26.48 24.70 22.53 38.09 39.89 40.98

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 -7.69 -15.58 -0.38 1.78 -0.36 1.59 0.09
0.00 -0.96 -11.04 6.99 -0.17 0.44 -17.14 2.25
0.00 8.66 26.91 -6.23 -2.17 -0.17 15.62 -1.33
Net Cash Flow 0.00 0.00 0.29 0.39 -0.56 -0.09 0.07 1.01

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 365.00 146.61 831.39 511.99 634.66
Inventory Days 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 365.00 146.61 831.39 511.99 634.66
Working Capital Days 21,535.00 204.87 768.71 444.28 163.43
ROCE % 0.00% 0.00% -1.11% 0.76% 0.00% 18.18% -0.25% -1.33% -0.18% 0.00% -1.56% 0.27%

Shareholding Pattern

Numbers in percentages

16 Recently
Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
43.98% 43.98% 43.98% 43.98% 43.98% 48.76% 53.64% 53.64% 53.64% 53.64% 53.64% 53.64%
56.02% 56.02% 56.02% 56.02% 56.02% 51.24% 46.35% 46.36% 46.35% 46.35% 46.35% 46.36%
No. of Shareholders 5715565515545735735555476613,2294,81811,608

Documents