Ashirwad Steels & Industries L

BSE: ASHSI · Iron & Steel Products · sector

₹21.60BSE close 2026-10-26

Key numbers

Market cap₹27 cr

Price₹21.60

52w high / low₹32 / ₹17

P/E13.3xSector median 15.5x

P/B0.3xSector median 1.7x

Book value₹68.1

Dividend yield–Sector median 0.60%

ROE2.4%Sector median 11.1%

ROCE3.2%Sector median 11.9%

OPM34.0%Sector median 6.7%

Debt / equity0.00xSector median 0.21x

EV/EBITDA31.9xSector median 11.8x

Interest cover57.0x

Current ratio5,423.06x

Sales growth 3y+24.1%Sector median +2.1%

Profit growth 3y-24.1%Sector median +13.0%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
Operating profit covered interest 57.0x in the last 12 months.
Other income was 100% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹21.60 on 2026-10-26: -33.4% from the 52-week high, +27.1% 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 ₹45.66 · low ₹18.00

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1	0	0	1	1	1
EBITDA	0	0	0	0	0	0
OPM %	51.8%	22.5%	41.7%	27.8%	33.3%	33.3%
Other income	1	1	1	0	0	1
Net profit	1	0	1	0	0	1
EPS (₹)	0.57	0.40	0.49	0.36	0.37	0.41
Revenue YoY					-2.4%	+35.0%
Profit YoY					-36.1%	+2.0%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY21	FY22	FY24	FY25	FY26	TTM
Revenue	2	1	2	2	2	2
EBITDA	-3	2	1	1	1	1
Net profit	-0	5	2	2	2	2
EPS (₹)	-0.25	3.69	1.80	1.84	1.62	1.63
Revenue growth		-31.6%	+47.2%	+13.2%	+15.0%	–
Profit growth		–	-51.1%	+1.8%	-12.2%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+24.2%	–	–
Net profit	-24.1%	–	–
EPS	-24.0%	–	–
Share price	–	-22.8% (2y)	-29.3%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	83	85
Borrowings	0	0
Cash & equivalents	0	1
Total assets	83	85
Fixed assets	0	0
Capital work in progress	0	0
Investments	36	42
Receivables	0	0
Inventory	0	0
Payables	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-5	-4
Cash from investing	3	5
Cash from financing	-0	-0
Capex	0	0
Free cash flow	-5	-4

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	2.8%	2.4%
ROCE %	3.8%	3.2%
Debtor days	0	0
Inventory days	0	0
Payable days	0	0
Cash conversion cycle (days)	0	0
Working capital days	2,959	3,447

Peers in Iron & Steel Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WELCORP	₹61,798 cr	26.7x	6.8x	27.8%	19.2%	13.9%	+19.8%	0.21%
APLAPOLLO	₹57,703 cr	46.9x	10.9x	25.9%	30.1%	8.0%	+12.6%	0.28%
SHYAMMETL	₹31,351 cr	28.0x	2.7x	7.8%	14.2%	12.9%	+13.7%	0.36%
RATNAMANI	₹16,345 cr	37.8x	4.0x	11.2%	15.7%	16.7%	+0.1%	0.60%
JINDALSAW	₹14,824 cr	26.9x	1.2x	4.4%	7.2%	9.5%	+0.1%	0.86%
USHAMART	₹14,192 cr	27.9x	4.3x	16.8%	20.1%	19.6%	+4.1%	0.64%
GALLANTT	₹12,989 cr	31.9x	3.7x	12.4%	14.2%	13.8%	+3.1%	0.08%
GPIL	₹11,769 cr	14.6x	2.0x	15.1%	18.7%	21.4%	-2.2%	0.54%
JAYNECOIND	₹8,607 cr	12.5x	2.6x	23.4%	25.6%	18.9%	+4.0%	–
ASHSI	₹27 cr	13.3x	0.3x	2.4%	3.2%	34.0%	+24.1%	–

All 118 companies in Iron & Steel Products →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Iron & Steel Products
Sub-industry	Iron & Steel Products
Symbol	ASHSI
BSE code	526847
ISIN	INE338C01012
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.