Aditya Ultra Steel Ltd
Incorporated in 2011, Aditya Ultra Steel Ltd is in the business of TMT bars, Iron, and other Steel products[1]
- Market Cap ₹ 81.3 Cr.
- Current Price ₹ 32.8
- High / Low ₹ 72.0 / 23.6
- Stock P/E 8.71
- Book Value ₹ 40.1
- Dividend Yield 0.00 %
- ROCE 13.3 %
- ROE 12.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.80 times its book value
- Company has delivered good profit growth of 29.9% 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 12.5% over last 3 years.
- Contingent liabilities of Rs.71.0 Cr.
- Working capital days have increased from 55.0 days to 80.7 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 331 | 347 | 515 | 530 | 588 | 585 | |
| 324 | 336 | 504 | 520 | 570 | 565 | |
| Operating Profit | 6 | 11 | 11 | 10 | 18 | 20 |
| OPM % | 2% | 3% | 2% | 2% | 3% | 3% |
| 1 | 0 | 1 | 0 | 1 | 0 | |
| Interest | 3 | 3 | 3 | 5 | 6 | 8 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 3 | 7 | 7 | 4 | 11 | 11 |
| Tax % | 17% | 31% | 32% | 27% | 26% | 16% |
| 3 | 5 | 5 | 3 | 8 | 9 | |
| EPS in Rs | 2.07 | 3.75 | 4.01 | 2.28 | 4.60 | 3.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 4% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 26% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 17 | 25 |
| Reserves | 14 | 19 | 25 | 27 | 31 | 75 |
| 43 | 36 | 47 | 50 | 54 | 76 | |
| 8 | 10 | 8 | 8 | 45 | 21 | |
| Total Liabilities | 78 | 77 | 92 | 97 | 148 | 197 |
| 32 | 32 | 31 | 31 | 33 | 32 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 45 | 45 | 60 | 66 | 115 | 163 | |
| Total Assets | 78 | 77 | 92 | 97 | 148 | 197 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -2 | 22 | -6 | 8 | 9 | -44 | |
| -3 | -1 | -0 | -1 | -2 | -9 | |
| 5 | -12 | -3 | -7 | -3 | 57 | |
| Net Cash Flow | -0 | 10 | -10 | -0 | 4 | 4 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 5 | 4 | 5 | 7 | 29 | 7 |
| Inventory Days | 47 | 35 | 33 | 40 | 39 | 52 |
| Days Payable | 6 | 5 | 2 | 2 | 19 | 10 |
| Cash Conversion Cycle | 46 | 34 | 36 | 46 | 50 | 49 |
| Working Capital Days | 42 | 28 | 39 | 42 | 43 | 81 |
| ROCE % | 14% | 13% | 10% | 17% | 13% |
Documents
Announcements
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
27 May 2025 - ADITYA ULTRA STEEL LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Change in Auditors
27 May 2025 - Audited FY25 financials approved; unmodified audit opinion; reappointment of key auditors; IPO proceeds utilized as planned.
-
Outcome of Board Meeting
27 May 2025 - Audited FY25 financial results approved; unmodified audit opinion; key auditors re-appointed; IPO proceeds utilized as planned.
-
Board Meeting Intimation
19 May 2025 - ADITYA ULTRA STEEL LIMITED has informed about Board Meeting to be held on 27-May-2025 to inter-alia consider and approve the Audited Financial results of the …
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Structural Digital Database
13 May 2025 - Compliance certificate under SEBI insider trading rules for FY ended March 31, 2025.
Annual reports
No data available.
Business Overview:[1][2]
AUSL manufactures TMT Bars under the Kamdhenu brand and is the sole supplier of Kamdhenu TMT bars in Gujarat. Kamdhenu supports AUSL with a dealer network and marketing, helping expand its presence in Tier-3 cities. The company produces TMT bars from billets using a reheating furnace and rolling mill, catering to the construction and infrastructure sectors. It has sold over 4 lakh TMT bars to date.