Ashirwad Steels & Industries Ltd

Ashirwad Steels & Industries Ltd

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About

Incorporated in 1986, Ashirwad Steels & Industries Ltd is in the business of lending of funds and investments in shares and securities[1]

Key Points

Operational Status:[1][2][3]
a) ASIL previously manufactured sponge iron and LPG gas bottles but has since disposed of all industrial units, except an inoperative LPG Bottling Plant in Raigarh, which remains commercially unviable.
b) The attempts to sell the plant have been unsuccessful, with only the freehold land holding commercial value, while the obsolete equipment is valued as scrap.
c) In FY24, ASIL started an investment and lending business, but the board has yet to identify or commence any industrial, trading, or real estate business despite ongoing efforts.
d) The company is operating as a non-banking financial institution without RBI registration.

  • Market Cap Cr.
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  • Stock P/E
  • Book Value
  • Dividend Yield %
  • ROCE %
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  • Face Value

Pros

Cons

* 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.

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
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Depreciation
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EPS in Rs
Raw PDF

Profit & Loss

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Depreciation
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Tax %
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Dividend Payout %
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Compounded Profit Growth
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Stock Price CAGR
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Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

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Net Cash Flow

Ratios

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Debtor Days
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Working Capital Days
ROCE %

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
67.57% 69.06% 69.06% 69.06% 69.07% 69.07% 69.07% 69.07% 69.07% 69.07% 69.07% 69.07%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
32.36% 30.87% 30.88% 30.87% 30.87% 30.87% 30.86% 30.86% 30.87% 30.86% 30.87% 30.87%
No. of Shareholders 5,5705,4235,5035,4325,4455,8656,2926,6067,5657,8258,5628,584

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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