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Ashoka Metcast

ASHOKAMET NSE
₹14.13 +0.24 (+1.73%)
P/E
2.74
View as Markdown
MCP
Close 4 Nov 2026 ₹14.13 −2.51 −15.1% 1Y
Start ₹16.64

Key Fundamentals

MicrocapMetals & Minerals TradingMetals & Mining

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
8.89%
Debt to Equity
0.48
EPS (TTM)
₹5.16
Book Value
₹48.80
Market Cap
—
P/E (TTM)
2.74
P/B
0.29
ROE
8.40%
Dividend Yield
0.00%
EBITDA
₹16.10 Cr
52W High
₹19.40
52W Low
₹12.13
Day Range
₹13.99 – ₹14.80
Volume
15,349

Peer Comparison

Commodities › Metals & Mining › Trading Metals › Trading - Metals

Ashoka Metcast peer comparison
₹903.6591.56₹11,182 Cr6.690.11%7.92%10.20%₹6,480 Cr₹125 Cr
₹63.1884.24₹9,356 Cr2.330.25%0.33%3.67%₹1,988 Cr₹279 Cr
₹170.0968.58₹1,202 Cr8.760.00%11.30%15.10%₹244 Cr₹20 Cr
₹39.1122.48₹1,169 Cr3.500.08%18.00%17.70%₹1,248 Cr₹52 Cr
₹65.0014.07₹552 Cr1.282.34%11.50%12.00%₹2,403 Cr₹41 Cr
₹453.00136.45₹207 Cr7.120.00%4.47%11.40%₹555 Cr₹2 Cr
Ashoka Metcast (this company)
₹14.132.74₹36 Cr0.290.00%8.40%8.89%₹26 Cr₹13 Cr
Median 7 companies₹65.0068.58₹1,169 Cr3.500.08%8.40%11.40%₹1,248 Cr₹41 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

48 Average

Data confidence 100/100

Category scores

Quality
28
Poor
Returns, margins, earnings quality 22% weight
Valuation
66
Good
Cheap vs sector & own history 24% weight
Growth
15
Poor
Sales & profit trajectory 9% weight
Financial Health
61
Good
Solvency, leverage, coverage 9% weight
Momentum
45
Weak
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Stock is trading at 0.32 times its book value
  • Company has delivered good profit growth of 131% CAGR over last 5 years

Weaknesses

7
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -12.6% over past five years.
  • Company has a low return on equity of 4.90% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.13.1 Cr.
  • Company has high debtors of 364 days.
  • Working capital days have increased from 809 days to 1,269 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1045
OscillatorsBullish243
Moving AveragesStrong Bearish802

Key readings

RSI (14)
46.16
Neutral
MACD (12,26,9)
−0.21
Bearish
SMA (50)
14.48
Bearish
SMA (200)
14.75
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y−12.31%
3Y−17.57%
1Y−28.21%
TTM−20.60%

Net profit

Net profit growth by window
5YZero base
3Y+54.20%
1Y+120.00%
TTM+85.88%

Operating cash flow

Operating cash flow growth by window
5YOutflow widened by ₹9 Cr
3YOutflow narrowed by ₹29 Cr
1YOutflow widened by ₹11 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y+17.73 pp
3Y+13.43 pp
1Y+11.17 pp
TTM+9.70 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2018₹19.00 Cr
Mar 2019₹0.00 Cr
Mar 2020₹22.00 Cr
Mar 2021₹54.00 Cr
Mar 2022₹67.00 Cr
Mar 2023₹50.00 Cr
Mar 2024₹66.00 Cr
Mar 2025₹39.00 Cr
Mar 2026₹28.00 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2018₹0.00 Cr
Mar 2019₹0.00 Cr
Mar 2020₹0.00 Cr
Mar 2021₹0.00 Cr
Mar 2022₹2.00 Cr
Mar 2023₹3.00 Cr
Mar 2024₹5.00 Cr
Mar 2025₹5.00 Cr
Mar 2026₹11.00 Cr

Quarterly Results

₹ Cr
ASHOKAMET quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
14.22
5.91
6.73
39.39
11.26
14.33
6.88
6.49
5.45
5.21
6.69
10.35
4.07
3.62
Expenses
13
5.69
6.29
34.26
10.38
10.48
4.71
9.66
4.93
4.09
4.25
7.94
4.81
6.88
Operating Profit
1.22
0.22
0.44
5.13
0.88
3.85
2.17
−3.17
0.52
1.12
2.44
2.41
−0.74
−3.26
OPM %
8.58%
3.72%
6.54%
13.02%
7.82%
26.87%
31.54%
−48.84%
9.54%
21.5%
36.47%
23.29%
−18.18%
−90.06%
Other Income
0
0.11
0.22
1.43
1.3
0.94
0.54
3.66
1.14
2.53
3.17
2.77
4.63
6.93
Interest
0.42
−0.02
0.22
0.91
0.21
0.57
0.4
0.37
0.39
0.38
0.34
0.32
0.33
—
Depreciation
0.08
0.08
0.08
0.5
0.14
0.35
0.26
−0.11
0.15
0.15
0.15
0.4
0.18
0.18
PBT
0.72
0.27
0.36
5.14
1.83
3.87
2.05
0.23
1.12
3.12
5.12
4.47
3.38
3.14
Tax %
11.11%
7.41%
5.56%
30.49%
16.39%
9.82%
12.68%
−139.13%
0%
5.13%
12.5%
50.22%
4.44%
2.55%
Net Profit
0.71
0.35
0.38
3.57
1.52
3.48
1.79
0.54
1.13
2.96
4.49
2.22
3.23
3.07
EPS (₹)
0.28
0.14
0.15
1.43
0.61
1.39
0.72
0.22
0.45
1.18
1.8
0.89
1.29
—

Sep 2026: from the results filed on 3 Nov 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
ASHOKAMET profit and loss, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
19
0
22
54
67
50
66
39
28
26
Expenses
19
0
21
53
63
46
59
35
21
21
Operating Profit
0
0
1
2
4
4
7
4
6
5
OPM %
−0.5%
—
3.3%
3.2%
7%
9%
11%
10%
23%
20%
Other Income
0
0
0
0
0
1
2
5
10
13
Interest
0
0
0
1
1
1
2
2
1
1
Depreciation
0
0
0
1
1
0
1
1
1
1
PBT
0
0
0
0
3
4
6
6
14
16
Tax %
−3%
0%
20%
28%
19%
24%
26%
10%
22%
—
Net Profit
0
0
0
0
2
3
5
5
11
13
EPS (₹)
−0.26
−0.18
0.03
0.14
1.19
1.29
1.92
2.2
4.32
5.16
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
ASHOKAMET balance sheet, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
11
11
11
11
18
25
25
25
25
Reserves
10
10
10
10
23
76
80
86
97
Borrowings
6
5
15
23
21
16
16
15
58
Other Liabilities
3
3
9
7
13
16
18
16
29
Total Liabilities
30
29
44
51
74
133
138
143
208
Fixed Assets
5
5
12
11
8
9
17
17
16
CWIP
0
5
0
0
0
0
0
2
6
Investments
13
5
5
5
5
5
10
11
10
Other Assets
12
13
27
34
61
120
111
114
176
Total Assets
30
29
44
51
74
133
138
143
208

Cash Flow

₹ Cr
ASHOKAMET cash flow, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0
−2
−10
−8
−15
−46
16
−6
−17
Investing
0
3
0
0
−4
−5
−13
0
1
Financing
0
−1
10
8
18
53
−2
5
17
Net Cash Flow
0
0
−1
0
0
1
0
−1
1
Free Cash Flow
0
0
−12
−8
−15
−47
7
−5
−22
CFO/EBITDA
0
685
−1,377
−445
−334
−1,039
248
−143
−215

Ratios

ASHOKAMET financial ratios, annual
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
147
—
196
115
128
207
145
245
364
Inventory Days
0
—
178
93
152
272
235
464
1,159
Days Payable
—
—
102
32
33
50
32
59
155
Cash Conversion Cycle
147
—
272
176
248
429
348
651
1,369
Working Capital Days
84
—
142
93
157
579
385
774
1,269
ROCE %
—
−1%
1%
3%
7%
5%
5%
4%
9%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Ashoka Metcast insights

62 extracted metrics across FY14–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 53.65%
  • Public 43.43%
  • Others 2.92%

No promoter shares pledged as of 14 Oct 2026

Change since Jun 2026

Documents

Frequently Asked Questions about Ashoka Metcast

What does Ashoka Metcast Ltd do?
Incorporated in 2009, Ashoka Metcast Ltd is in the business of trading of steel, goods and other items
Where is Ashoka Metcast Ltd (ASHOKAMET) listed?
Ashoka Metcast Ltd trades as ASHOKAMET on the NSE and under code 540923 on the BSE.
Which sector does Ashoka Metcast Ltd belong to?
Ashoka Metcast Ltd is classified under the Metals & Mining sector, in the Trading Metals industry.
What is the PE ratio of Ashoka Metcast Ltd?
Ashoka Metcast Ltd trades at a PE ratio of 2.74 as of 4 Nov 2026, on earnings per share of ₹5.16, against a book value of ₹48.8 per share.
What is the 52-week high and low of Ashoka Metcast Ltd?
Over the last 52 weeks Ashoka Metcast Ltd has traded between ₹12.13 and ₹19.4 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Ashoka Metcast Ltd?
Ashoka Metcast Ltd reported a return on equity of 8.40%. Its debt-to-equity ratio is 0.48.

Company Information

Incorporated in 2009, Ashoka Metcast Ltd is in the business of trading of steel, goods and other items

CEO Mr. Ashok Chinubhai Shah B.S. Chem., I.JSA
Employees 1
Listed 27 Jun 2023
Face Value ₹10

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