Ashoka Metcast Limited
NSE: ASHOKAMET · Trading - Metals · sector
₹13.75NSE close 2026-10-26
Key numbers
Market cap₹34 cr
Price₹13.75
52w high / low₹19 / ₹12
P/E2.0xSector median 14.6x
P/B0.3xSector median 1.4x
Book value₹48.8
Dividend yield–Sector median 1.40%
ROE11.1%Sector median 4.3%
ROCE9.7%Sector median 8.3%
OPM19.9%Sector median 1.7%
Debt / equity0.47xSector median 0.34x
EV/EBITDA17.3xSector median 36.0x
Interest cover12.8x
Current ratio4.23x
Sales growth 3y–Sector median +21.6%
Profit growth 3y–Sector median -1.6%
PEG0.02x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 10 companies in Trading - Metals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2 cr vs borrowings ₹58 cr (FY26): borrowings are higher by ₹56 cr.
- Operating profit covered interest 12.8x in the last 12 months.
- Operating cash flow was below net profit in 2 of the last 3 years (FY26, FY25).
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 102% of net profit in the last 12 months.
- Debtor days went from 145 (FY24) to 364 (FY26).
- No dividend in the last 3 financial years.
- Price ₹13.75 on 2026-10-26: -29.1% from the 52-week high, +13.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹32.32 · low ₹13.07
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 7 | 6 | 5 | 5 | 7 | 10 | 4 |
| EBITDA | 4 | 2 | -3 | 1 | 1 | 2 | 2 | -1 |
| OPM % | 26.9% | 31.7% | -48.8% | 9.5% | 21.3% | 36.5% | 23.3% | -18.2% |
| Other income | 1 | 1 | 4 | 1 | 3 | 3 | 3 | 5 |
| Net profit | 3 | 2 | 1 | 1 | 3 | 4 | 2 | 3 |
| EPS (₹) | 1.39 | 0.72 | 0.22 | 0.45 | 1.18 | 1.80 | 2.62 | 1.29 |
| Revenue YoY | -63.6% | -2.8% | +59.5% | -25.3% | ||||
| Profit YoY | -14.9% | +150.8% | +311.1% | +185.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 66 | 39 | 28 | 26 |
| EBITDA | 7 | 4 | 6 | 5 |
| Net profit | 5 | 7 | 11 | 13 |
| EPS (₹) | 1.92 | 2.94 | 6.05 | 6.89 |
| Revenue growth | -41.2% | -28.9% | -20.6% | |
| Profit growth | +53.2% | +47.1% | +86.0% | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -20.6% |
| Net profit | – | – | +86.0% |
| EPS | – | – | – |
| Share price | – | -27.1% (2y) | -14.4% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 105 | 111 | 122 |
| Borrowings | 16 | 15 | 58 |
| Cash & equivalents | 2 | 1 | 2 |
| Total assets | 138 | 143 | 208 |
| Fixed assets | 17 | 17 | 16 |
| Capital work in progress | – | 2 | 6 |
| Investments | 10 | 11 | 10 |
| Receivables | 26 | 26 | 28 |
| Inventory | 34 | 40 | 51 |
| Payables | 5 | 5 | 7 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 16 | -6 | -17 |
| Cash from investing | -13 | -2 | 1 |
| Cash from financing | -2 | 8 | 17 |
| Capex | 9 | 2 | 0 |
| Free cash flow | 7 | -8 | -17 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 4.6% | 6.6% | 8.9% |
| ROCE % | 6.7% | 7.5% | 8.5% |
| Debtor days | 145 | 245 | 364 |
| Inventory days | 235 | 464 | 1,159 |
| Payable days | 32 | 59 | 155 |
| Cash conversion cycle (days) | 348 | 650 | 1,368 |
| Working capital days | 393 | 782 | 1,292 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.65% |
| Public (non-institutions) | 46.35% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% |
| Promoter group | % |
|---|---|
| Shalin Ashok Shah | 22.18% |
| Leena Ashok Shah | 9.85% |
| Ashok Chinubhai Shah | 9.61% |
| Shalin A Shah (HUF) | 7.18% |
| Payal Shalin Shah | 4.83% |
| Lesha Ventures Private Limited | 0.00% |
| Ashnisha Industries Limited | 0.00% |
17,114 shareholders. Pledged: – of promoter shares.
Peers in Trading - Metals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LLOYDSENT | ₹14,320 cr | 30.3x | 3.5x | -11.6% | 7.0% | 8.9% | – | 0.41% |
| SGMART | ₹10,076 cr | 81.0x | 6.3x | 7.8% | 11.2% | 2.5% | – | – |
| BMWVENTLTD | ₹545 cr | 12.8x | 1.2x | 9.1% | 11.7% | 3.5% | – | 2.39% |
| EMERGENT | ₹219 cr | 86.8x | 7.5x | 5.5% | 20.1% | 0.7% | +42.1% | – |
| ABANSENT | ₹196 cr | 49.2x | 0.9x | 1.8% | 5.6% | -0.0% | – | – |
| LATIMMETAL | ₹123 cr | 13.4x | 1.6x | 12.5% | 14.8% | 4.1% | +87.1% | – |
| BONLON | ₹55 cr | 15.8x | 0.6x | 3.0% | 5.5% | 1.0% | – | – |
| RRMETAL | ₹41 cr | 7.7x | 4.9x | -26.5% | 3.0% | 0.3% | +1.1% | – |
| ASHOKAMET | ₹34 cr | 2.0x | 0.3x | 11.1% | 9.7% | 19.9% | – | – |
| CHENFERRO | ₹25 cr | 7.4x | 0.5x | 1.1% | -3.0% | -4.2% | -2.2% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Steel Trading | ₹27 cr | 98.1% | ₹12 cr | 42.6% |
| Trading of Goods | ₹0 cr | 1.9% | ₹0 cr | 15.1% |
| Others | ₹0 cr | – | ₹10 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-06 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Trading - Metals |
| Sub-industry | Trading - Metals |
| Symbol | ASHOKAMET |
| BSE code | 540923 |
| ISIN | INE760Y01011 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.