Abha Power and Steel
- Market cap
- ₹ 41 Cr.
- P/E
- 17.4x
- P/B
- 0.74x
- 52-week range
- 19.2 – 39.35
- ROE
- 5%
- ROCE
- 7.4%
- Dividend yield
- 0%
- Debt / equity
- 0.37
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE SME
About
Abha Power and Steel Limited is an India-based company. The Company specializes in iron and steel foundries. The Company is engaged in manufacturing and supplying all iron and steel (high and low alloy) castings and assemblies for the steel, power, mining, oil and gas, defense and cement industries and components for Indian Railways, such as Spheroidal Graphite Cast Iron (SGCI) Inserts, adapters (all types), other castings and mechanical items. It focuses on manufacturing customized castings across a range of materials, including mild steel, SGCI, manganese steel, stainless steel, low alloy and high alloy grades, as well as Heat-Resistant Cast Steel (HRCS) and Wear Resistant Cast Steel (WRCS). Its products range in size from around 0.5 kilograms to 6 tons per single finished casting. Its products include Grate Bars, Grate Plates, Cooler Plates and Fingers, and others. Its manufacturing facility is located at Hardikala village, Bilaspur, Chhattisgarh.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →Abha Power and Steel against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)17.4 against a typical 26.1: cheaper than most peers (1st = cheapest).10th of 30
- Sales growth−9.8% against a typical +8% from a year earlier.21st of 23
- Profit growth−81.7% against a typical +4.9% from a year earlier.21st of 22
- Share price, 3 months−13.8% against a typical +3.4%.23rd of 28
- Size₹ 40.9 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).30th of 30
Latest announcements
Exchange filings and their impact on the company.
- Abha Power won a Rs 1.27 cr railway castings order, taking its order book to ~Rs 19 cr.
Abha Power and Steel said it secured a new domestic order worth Rs 1.27 crore from a reputed Railway OEM for supply of castings by 31 October 2026. The company said its total order book stood at about Rs 19 crore as on 10 October 2026, showing continued traction in railways. The win adds about 2% to last year's sales of Rs 62.2 crore and will be executed within this fiscal year.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 31 | 34 | 36 | 35 | 28 |
| Expenses | 26 | 29 | 30 | 31 | 26 |
| Operating Profit | 5 | 5 | 5 | 4 | 2 |
| OPM % | 15% | 15.5% | 15.1% | 10.3% | 6.4% |
| Other Income | 0 | 0 | 0 | 1 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 4 | 4 | 3 | 1 |
| Tax % | 24.2% | 26.5% | 27.1% | 26.9% | 27.6% |
| Net Profit | 2 | 3 | 3 | 2 | 0 |
| EPS in Rs | 1.63 | 2.12 | 1.71 | 1.09 | 0.23 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 4%
- TTM
- −11%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 21%
- TTM
- −61%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Abha Power and Steel | ₹ 21.25 | ₹ 41 Cr. | 17.4x | 0.7x | 5% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Naleen Shah
- Chief Financial Officer
- Pratibha Patel
- Compliance Officer, Company Secretary
- Atish Agrawal
- Managing Director, Executive Director
- Satish Kumar Shah
- Whole-Time Director
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