Ankit Metal & Power Ltd
Ankit Metal & Power Limited, incorporated in 2002, is engaged in manufacturing of Iron Ore Pellets, Sponge Iron, MS Billets, Re- Rolled products with a Captive Power Plant (CPP).[1]
- Market Cap ₹ 55.5 Cr.
- Current Price ₹ 3.93
- High / Low ₹ 6.11 / 2.30
- Stock P/E
- Book Value ₹ -73.2
- Dividend Yield 0.00 %
- ROCE -34.2 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.934 Cr.
- Promoters have pledged 100% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
926 | 1,193 | 1,476 | 1,148 | 962 | 24 | 186 | 409 | 548 | 418 | 757 | 854 | 818 | |
838 | 1,017 | 1,410 | 1,164 | 1,124 | 259 | 265 | 454 | 528 | 431 | 762 | 917 | 1,046 | |
Operating Profit | 88 | 176 | 65 | -17 | -162 | -236 | -79 | -45 | 20 | -13 | -5 | -63 | -228 |
OPM % | 10% | 15% | 4% | -1% | -17% | -998% | -42% | -11% | 4% | -3% | -1% | -7% | -28% |
1 | 1 | 3 | 10 | 1 | -8 | 0 | 0 | 0 | 0 | 1 | 0 | 7 | |
Interest | 35 | 71 | 115 | 113 | 135 | 15 | 62 | 3 | 44 | 19 | 5 | 0 | 0 |
Depreciation | 14 | 41 | 60 | 74 | 61 | 41 | 41 | 45 | 51 | 44 | 42 | 35 | 35 |
Profit before tax | 40 | 65 | -106 | -193 | -357 | -299 | -181 | -92 | -75 | -76 | -52 | -99 | -257 |
Tax % | 17% | 21% | 28% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
33 | 51 | -77 | -193 | -357 | -299 | -181 | -92 | -75 | -76 | -52 | -99 | -257 | |
EPS in Rs | 3.49 | 5.37 | -6.27 | -15.83 | -25.30 | -21.21 | -12.85 | -6.54 | -5.32 | -5.37 | -3.66 | -7.00 | -18.20 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | 36% |
3 Years: | 16% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | -12% |
TTM: | -310% |
Stock Price CAGR | |
---|---|
10 Years: | -8% |
5 Years: | 58% |
3 Years: | 32% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 95 | 95 | 122 | 122 | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 |
Reserves | 353 | 404 | 381 | 187 | -151 | -450 | -632 | -724 | -800 | -875 | -926 | -1,024 | -1,173 |
605 | 823 | 834 | 1,201 | 1,252 | 1,245 | 1,239 | 1,220 | 1,197 | 1,170 | 1,140 | 1,105 | 1,105 | |
242 | 334 | 430 | 447 | 658 | 682 | 737 | 793 | 737 | 781 | 865 | 973 | 1,105 | |
Total Liabilities | 1,295 | 1,656 | 1,766 | 1,957 | 1,899 | 1,618 | 1,485 | 1,430 | 1,275 | 1,216 | 1,219 | 1,195 | 1,178 |
469 | 706 | 849 | 776 | 715 | 685 | 644 | 599 | 548 | 504 | 461 | 426 | 408 | |
CWIP | 242 | 165 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 28 | 47 | 47 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
584 | 785 | 915 | 1,180 | 1,183 | 932 | 841 | 831 | 727 | 712 | 729 | 722 | 722 | |
Total Assets | 1,295 | 1,656 | 1,766 | 1,957 | 1,899 | 1,618 | 1,485 | 1,430 | 1,275 | 1,216 | 1,219 | 1,195 | 1,178 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 18 | 61 | -255 | 46 | 84 | 108 | 139 | 212 | 27 | 60 | 54 | |
-410 | -200 | -50 | 17 | 8 | -6 | 4 | -0 | 0 | 0 | -28 | -19 | |
387 | 173 | -13 | 242 | -59 | -81 | -113 | -140 | -212 | -27 | -32 | -35 | |
Net Cash Flow | 3 | -8 | -1 | 5 | -5 | -3 | -0 | -2 | -0 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 70 | 79 | 80 | 105 | 116 | 3,944 | 293 | 131 | 74 | 45 | 17 | 26 |
Inventory Days | 99 | 140 | 120 | 231 | 258 | 867 | 943 | 533 | 446 | 651 | 387 | 292 |
Days Payable | 76 | 90 | 90 | 135 | 192 | 917 | 948 | 548 | 416 | 537 | 390 | 302 |
Cash Conversion Cycle | 93 | 130 | 110 | 202 | 182 | 3,894 | 288 | 116 | 105 | 159 | 14 | 17 |
Working Capital Days | 109 | 123 | 89 | 225 | 172 | 1,712 | -249 | -275 | -354 | -58 | -65 | -107 |
ROCE % | 9% | 11% | 1% | -6% | -16% | -25% | -14% | -13% | -5% | -12% | -12% | -34% |
Documents
Announcements
- Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 1d
- Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 18 Jun
- Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 6 Jun
- Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May
- Disclosure Of Reasons For Delay In Submission Of Audited Financial Results For The Quarter And Financial Year Ended March 31, 2024 Under Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirement) Regulations, 2015 (The 'Listing Regulations')Ref: SEBI Circular No. CIR/CFD/CMD-1/142/2018 Dated November 19, 2018 30 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Market Presence
The company is one of the significant manufacturers of iron and steel in Eastern India.[1] Its TMT Bars are well accepted in the state of West Bengal.[2]