Ashoka Metcast Ltd
Incorporated in 2009, Ashoka Metcast Ltd does trading of steel, goods and others
- Market Cap ₹ 45.0 Cr.
- Current Price ₹ 18.0
- High / Low ₹ 35.3 / 14.0
- Stock P/E 4.37
- Book Value ₹ 43.3
- Dividend Yield 0.00 %
- ROCE 5.36 %
- ROE 3.72 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.40 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 61.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.36% over last 3 years.
- Earnings include an other income of Rs.4.21 Cr.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
19 | 0 | 22 | 54 | 67 | 50 | 66 | 72 | |
19 | 0 | 21 | 53 | 63 | 46 | 59 | 60 | |
Operating Profit | -0 | -0 | 1 | 2 | 4 | 4 | 7 | 12 |
OPM % | -0% | 3% | 3% | 7% | 9% | 11% | 17% | |
-0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 | |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 |
Profit before tax | -0 | -0 | 0 | 0 | 3 | 4 | 6 | 13 |
Tax % | -3% | 0% | 20% | 28% | 19% | 24% | 26% | |
-0 | -0 | 0 | 0 | 2 | 3 | 5 | 10 | |
EPS in Rs | -0.26 | -0.18 | 0.03 | 0.14 | 1.19 | 1.29 | 1.92 | 4.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 7% |
TTM: | 56% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 61% |
3 Years: | 194% |
TTM: | 285% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 54% |
3 Years: | 21% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 18 | 25 | 25 | 25 |
Reserves | 10 | 10 | 10 | 10 | 23 | 76 | 80 | 83 |
6 | 5 | 15 | 23 | 21 | 16 | 17 | 10 | |
3 | 3 | 9 | 7 | 13 | 16 | 17 | 23 | |
Total Liabilities | 30 | 29 | 44 | 51 | 74 | 133 | 138 | 141 |
5 | 5 | 12 | 11 | 8 | 9 | 17 | 17 | |
CWIP | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 13 | 5 | 5 | 5 | 5 | 5 | 10 | 9 |
12 | 13 | 27 | 34 | 61 | 120 | 111 | 115 | |
Total Assets | 30 | 29 | 44 | 51 | 74 | 133 | 138 | 141 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
0 | -2 | -10 | -8 | -15 | -46 | 16 | |
0 | 3 | -0 | -0 | -4 | -5 | -13 | |
0 | -1 | 10 | 8 | 18 | 53 | -2 | |
Net Cash Flow | 0 | 0 | -1 | -0 | 0 | 1 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 147 | 196 | 115 | 128 | 207 | 145 | |
Inventory Days | 0 | 178 | 93 | 152 | 272 | 235 | |
Days Payable | 102 | 32 | 33 | 50 | 32 | ||
Cash Conversion Cycle | 147 | 272 | 176 | 248 | 429 | 348 | |
Working Capital Days | 189 | 284 | 161 | 223 | 664 | 465 | |
ROCE % | -1% | 1% | 3% | 7% | 5% | 5% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
2d - Resignation of Company Secretary Payal Pandya effective April 29, 2025 due to pre-occupancy elsewhere.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Certificate under Regulation 74(5) for Q1 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
1 Apr - Appointment of Mr. Harshil Nilesh Vyas as CFO.
-
Board Meeting Outcome for Outcome Of Board Meeting
1 Apr - Appointment of Mr. Harshil Nilesh Vyas as CFO.
- Closure of Trading Window 26 Mar
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