Ashoka Metcast
- Market cap
- ₹ 34 Cr.
- P/E
- 2.7x
- P/B
- 0.3x
- 52-week range
- 12.13 – 19.4
- ROE
- 9%
- ROCE
- 9%
- Dividend yield
- 0%
- Debt / equity
- 0.47
- Sector
- Metals & Minerals Trading
- Industry
- Trading - Metals
- Listed on
- NSE, BSE
About
Ashoka Metcast Limited is engaged in the trading of steel and other items. The Company is engaged in trading and manufacturing of structural steel products like thermo-mechanically treated (TMT) bars, angles, channels, mild steel (MS) bars and others. Its segments operate in a multi-segment of trading of steel and chemical activities. TMT bars are used in building homes, multistoried high rise, bridges, flyovers and other civil engineering structures. MS bars are used for tensile stress of reinforced cement, concrete slab beams and others. Its steel channels are used as supports and guide rails and offer various channel categories, including J channels, Hat channels, U channels, and hemmed channels. The steel angles are used in construction, appliances, transportation, making signposts, used in wood flooring for athletic purposes, installing and making windows and doors. Angle bars are steel bars that are used as support for corners and outer rims. Its subsidiary is Rhetan TMT Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Trading - Metals: 12 companies →Ashoka Metcast 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)2.7 against a typical 20.7: cheaper than most peers (1st = cheapest).1st of 11
- Sales growth−25.3% against a typical +39.2% from a year earlier.10th of 11
- Profit growth+185.8% against a typical +43.8% from a year earlier.2nd of 11
- Share price, 3 months−0.8% against a typical +6.4%.8th of 11
- Size₹ 33.9 Cr. market value against a typical ₹ 220.6 Cr. (1st = largest).10th of 11
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 29 Jul 2026 | Other business matters | To consider and approve the appointment of Company Secretary and Compliance Officer of the Company. |
| 2 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 23 Mar 2026 | Other business matters | To consider other business matters |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 30 Jan 2026 | Other business matters | To consider other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6 | 7 | 39 | 11 | 14 | 7 | 6 | 5 | 5 | 7 | 10 | 4 |
| Expenses | 6 | 6 | 34 | 10 | 10 | 5 | 10 | 5 | 4 | 4 | 8 | 5 |
| Operating Profit | 0 | 0 | 5 | 1 | 4 | 2 | −3 | 1 | 1 | 2 | 2 | −1 |
| OPM % | 3.7% | 6.5% | 13% | 7.8% | 26.9% | 31.5% | −48.8% | 9.5% | 21.5% | 36.5% | 23.3% | −18.2% |
| Other Income | 0 | 0 | 1 | 1 | 1 | 1 | 4 | 1 | 3 | 3 | 3 | 5 |
| Interest | −0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 5 | 2 | 4 | 2 | 0 | 1 | 3 | 5 | 4 | 3 |
| Tax % | 7.4% | 5.6% | 30.5% | 16.4% | 9.8% | 12.7% | −139.1% | 0% | 5.1% | 12.5% | 50.2% | 4.4% |
| Net Profit | 0 | 0 | 4 | 2 | 3 | 2 | 1 | 1 | 3 | 4 | 2 | 3 |
| EPS in Rs | 0.14 | 0.15 | 1.43 | 0.61 | 1.39 | 0.72 | 0.22 | 0.45 | 1.18 | 1.8 | 0.89 | 1.29 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- −13%
- 3 Years
- −18%
- TTM
- −21%
- 10 Years
- —
- 5 Years
- 135%
- 3 Years
- 50%
- TTM
- 86%
- 10 Years
- —
- 5 Years
- 24%
- 3 Years
- −12%
- TTM
- —
- 10 Years
- —
- 5 Years
- 5%
- 3 Years
- 5%
- 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.
| Ashoka Metcast | ₹ 14.08 | ₹ 34 Cr. | 2.7x | 0.3x | 9% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 88.8x | 10.8x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 45.9x | 8.2x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.4x | 10.8x | 21.6% | 11.9% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 57.2x | 11.2x | — | 5.6% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 478.6x | 11.2x | — | 4.3% |
Management
- Riddhi Mit Shah
- Compliance Officer, Company Secretary
- Ashok Chinubhai Shah
- Managing Director
- U. V. Joshi
- General Manager
Prices are delayed and for information only. Nothing on this page is investment advice.