Ashoka Metcast Ltd
Incorporated in 2009, Ashoka Metcast Ltd does trading of steel, goods and others
- Market Cap ₹ 45.5 Cr.
- Current Price ₹ 18.2
- High / Low ₹ 35.7 / 16.0
- Stock P/E 16.9
- Book Value ₹ 41.2
- Dividend Yield 0.00 %
- ROCE 5.29 %
- ROE 4.72 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.44 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.50% over last 3 years.
- Company has high debtors of 207 days.
- Working capital days have increased from 349 days to 664 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.
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 | TTM | |
---|---|---|---|---|---|---|---|
19.17 | -0.00 | 21.99 | 54.30 | 67.03 | 50.44 | 46.11 | |
19.26 | 0.33 | 21.26 | 52.54 | 62.66 | 45.98 | 42.36 | |
Operating Profit | -0.09 | -0.33 | 0.73 | 1.76 | 4.37 | 4.46 | 3.75 |
OPM % | -0.47% | 3.32% | 3.24% | 6.52% | 8.84% | 8.13% | |
-0.25 | 0.28 | 0.08 | 0.04 | 0.31 | 0.75 | 0.33 | |
Interest | -0.00 | -0.00 | 0.30 | 0.98 | 1.27 | 0.72 | 0.80 |
Depreciation | -0.00 | 0.04 | 0.41 | 0.64 | 0.64 | 0.43 | 0.38 |
Profit before tax | -0.34 | -0.09 | 0.10 | 0.18 | 2.77 | 4.06 | 2.90 |
Tax % | 2.94% | -0.00% | 20.00% | 27.78% | 19.13% | 24.14% | |
-0.28 | -0.19 | 0.03 | 0.15 | 2.35 | 3.22 | 2.69 | |
EPS in Rs | -0.26 | -0.18 | 0.03 | 0.14 | 1.19 | 1.29 | 1.07 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 32% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 177% |
3 Years: | 375% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 65% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 10.71 | 10.71 | 10.71 | 10.71 | 17.54 | 25.00 | 25.00 |
Reserves | 10.43 | 10.24 | 9.64 | 9.76 | 17.50 | 76.49 | 78.02 |
5.54 | 4.81 | 14.60 | 23.31 | 20.90 | 15.75 | 15.06 | |
2.91 | 2.93 | 8.83 | 7.22 | 18.23 | 15.72 | 26.14 | |
Total Liabilities | 29.59 | 28.69 | 43.78 | 51.00 | 74.17 | 132.96 | 144.22 |
4.98 | 5.12 | 11.54 | 11.25 | 8.49 | 8.73 | 11.46 | |
CWIP | 0.32 | 5.10 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | 12.69 | 5.49 | 5.44 | 5.47 | 4.86 | 4.55 | 4.52 |
11.60 | 12.98 | 26.80 | 34.28 | 60.82 | 119.68 | 128.24 | |
Total Assets | 29.59 | 28.69 | 43.78 | 51.00 | 74.17 | 132.96 | 144.22 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-0.00 | -2.26 | -10.05 | -7.84 | -14.58 | -46.33 | |
-0.00 | 3.27 | -0.25 | -0.45 | -3.64 | -5.41 | |
-0.00 | -0.62 | 9.79 | 8.25 | 18.21 | 52.91 | |
Net Cash Flow | -0.00 | 0.39 | -0.51 | -0.05 | -0.00 | 1.17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 146.61 | 196.36 | 115.15 | 128.46 | 207.25 | |
Inventory Days | -0.00 | 177.88 | 93.35 | 152.37 | 271.98 | |
Days Payable | 102.07 | 32.24 | 33.24 | 50.44 | ||
Cash Conversion Cycle | 146.61 | 272.17 | 176.25 | 247.58 | 428.79 | |
Working Capital Days | 189.45 | 283.50 | 160.52 | 222.71 | 663.64 | |
ROCE % | -1.26% | 1.32% | 2.95% | 7.29% | 5.29% |
Documents
Announcements
- Compliance Under Regulation 40 (9) For The Period From 01/04/2023 To 31/03/2024 1d
-
Announcement Under Regulation 30-Appointment Of Chief Financial Officer
23 Apr - Appointment of MR. Dipak Pandit Nikam as Chief Financial Officer of the Company.
- Board Meeting Outcome for Board Meeting Held On Tuesday ,23Rd April,2024 From 05:00 P.M To 05:20 P.M 23 Apr
- Board Meeting Intimation for Board Meeting To Be Held On Tuesday, 23Rd April,2024 18 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations,2015 For The Financial Year Ended On 31St March,2024 16 Apr
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