Ashoka Metcast Ltd
Incorporated in 2009, Ashoka Metcast Ltd does trading of steel, goods and others
- Market Cap ₹ 39.5 Cr.
- Current Price ₹ 15.8
- High / Low ₹ 26.0 / 14.0
- Stock P/E 6.15
- Book Value ₹ 44.1
- Dividend Yield 0.00 %
- ROCE 3.83 %
- ROE 2.96 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.36 times its book value
- Company has delivered good profit growth of 154% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 3.63% over last 3 years.
- Earnings include an other income of Rs.7.87 Cr.
- Company has high debtors of 245 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
Commodities Metals & Mining Metals & Minerals Trading Trading - Metals
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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 19.17 | 0.00 | 21.99 | 54.30 | 67.03 | 50.44 | 66.25 | 38.96 | 24.03 | |
| 19.26 | 0.33 | 21.26 | 52.54 | 62.66 | 45.98 | 59.24 | 35.20 | 23.39 | |
| Operating Profit | -0.09 | -0.33 | 0.73 | 1.76 | 4.37 | 4.46 | 7.01 | 3.76 | 0.64 |
| OPM % | -0.47% | 3.32% | 3.24% | 6.52% | 8.84% | 10.58% | 9.65% | 2.66% | |
| -0.25 | 0.28 | 0.08 | 0.04 | 0.31 | 0.75 | 1.75 | 4.57 | 7.87 | |
| Interest | 0.00 | 0.00 | 0.30 | 0.98 | 1.27 | 0.72 | 1.53 | 1.56 | 1.54 |
| Depreciation | 0.00 | 0.04 | 0.41 | 0.64 | 0.64 | 0.43 | 0.74 | 0.66 | 0.45 |
| Profit before tax | -0.34 | -0.09 | 0.10 | 0.18 | 2.77 | 4.06 | 6.49 | 6.11 | 6.52 |
| Tax % | -2.94% | 0.00% | 20.00% | 27.78% | 19.13% | 24.14% | 26.04% | 10.15% | |
| -0.28 | -0.19 | 0.03 | 0.15 | 2.35 | 3.22 | 4.79 | 5.49 | 6.42 | |
| EPS in Rs | -0.26 | -0.18 | 0.03 | 0.14 | 1.19 | 1.29 | 1.92 | 2.20 | 2.57 |
| 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: | 12% |
| 3 Years: | -17% |
| TTM: | -66% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 154% |
| 3 Years: | 20% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 18% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.71 | 10.71 | 10.71 | 10.71 | 17.54 | 25.00 | 25.00 | 25.00 | 25.00 |
| Reserves | 10.43 | 10.24 | 9.64 | 9.76 | 23.09 | 76.49 | 79.56 | 86.42 | 85.26 |
| 5.54 | 4.81 | 14.60 | 23.31 | 20.90 | 15.75 | 15.78 | 14.94 | 30.88 | |
| 2.91 | 2.93 | 8.83 | 7.22 | 12.64 | 15.72 | 17.57 | 16.48 | 17.94 | |
| Total Liabilities | 29.59 | 28.69 | 43.78 | 51.00 | 74.17 | 132.96 | 137.91 | 142.84 | 159.08 |
| 4.98 | 5.12 | 11.54 | 11.25 | 8.49 | 8.73 | 17.01 | 16.56 | 16.55 | |
| CWIP | 0.32 | 5.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.50 | 1.50 |
| Investments | 12.69 | 5.49 | 5.44 | 5.47 | 4.86 | 4.55 | 10.37 | 11.12 | 6.80 |
| 11.60 | 12.98 | 26.80 | 34.28 | 60.82 | 119.68 | 110.53 | 113.66 | 134.23 | |
| Total Assets | 29.59 | 28.69 | 43.78 | 51.00 | 74.17 | 132.96 | 137.91 | 142.84 | 159.08 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | -2.26 | -10.05 | -7.84 | -14.58 | -46.33 | 15.90 | -6.27 | |
| 0.00 | 3.27 | -0.25 | -0.45 | -3.64 | -5.41 | -13.32 | -2.42 | |
| 0.00 | -0.62 | 9.79 | 8.25 | 18.21 | 52.91 | -2.45 | 7.98 | |
| Net Cash Flow | 0.00 | 0.39 | -0.51 | -0.05 | 0.00 | 1.17 | 0.13 | -0.71 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 146.61 | 196.36 | 115.15 | 128.46 | 207.25 | 144.79 | 244.80 | |
| Inventory Days | 0.00 | 177.88 | 93.35 | 152.37 | 271.98 | 234.81 | 464.28 | |
| Days Payable | 102.07 | 32.24 | 33.24 | 50.44 | 31.66 | 58.54 | ||
| Cash Conversion Cycle | 146.61 | 272.17 | 176.25 | 247.58 | 428.79 | 347.94 | 650.54 | |
| Working Capital Days | 83.97 | 142.08 | 92.76 | 156.61 | 579.05 | 384.72 | 774.41 | |
| ROCE % | -1.26% | 1.32% | 2.95% | 6.91% | 5.13% | 5.38% | 3.83% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Newspaper Advertisement_Unaudited Financial Results_30.09.2025 (Standalone & Consolidated)
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Results-Financial Results For Sept 30,2025
11 Nov - Board approved unaudited standalone and consolidated Q2/H1 results: consolidated PBT Rs311.78L, revenue Rs774.57L, EPS Rs1.18 for quarter ended 30/09/2025
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Board Meeting Outcome for Board Meeting Held On 11/11/2025
11 Nov - Board approved Q2 (30 Sep 2025) unaudited consolidated profit Rs296.08 lakh; standalone PAT Rs8.72 lakh.
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Board Meeting Intimation for Board Meeting To Be Held On 11/11/2025
5 Nov - Board meeting on 11 Nov 2025 to approve unaudited Q2 and H1 results for period ended 30 Sep 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - RTA certifies no securities received for dematerialization up to 30 Sep 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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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