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 ₹ 48.1 Cr.
- Current Price ₹ 3.41
- High / Low ₹ 5.62 / 3.07
- Stock P/E
- Book Value ₹ 25.3
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.13 times its book value
Cons
- Company has low interest coverage ratio.
- 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
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | |
|---|---|
| 1,148 | |
| 1,165 | |
| Operating Profit | -17 |
| OPM % | -1% |
| 10 | |
| Interest | 113 |
| Depreciation | 74 |
| Profit before tax | -193 |
| Tax % | 0% |
| -193 | |
| EPS in Rs | -15.84 |
| Dividend Payout % | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 29% |
| 3 Years: | -22% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | |
|---|---|
| Equity Capital | 122 |
| Reserves | 187 |
| 1,202 | |
| 447 | |
| Total Liabilities | 1,958 |
| 776 | |
| CWIP | 1 |
| Investments | 0 |
| 1,181 | |
| Total Assets | 1,958 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | |
|---|---|
| -255 | |
| 17 | |
| 243 | |
| Net Cash Flow | 5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | |
|---|---|
| Debtor Days | 105 |
| Inventory Days | 231 |
| Days Payable | 135 |
| Cash Conversion Cycle | 202 |
| Working Capital Days | 225 |
| ROCE % |
Documents
Announcements
-
Corporate Insolvency Resolution Process (CIRP)-Invitation of Resolution Plan
20 Nov - Published Form G inviting Expression of Interest.
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Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
15 Nov - Eighth meeting of creditors approved resolutions for Ankit Metal.
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Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
5 Nov - Seventh meeting of creditors approved resolutions.
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Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
16 Oct - Sixth meeting of creditors approved CIRP extensions and new EOI process.
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Corporate Insolvency Resolution Process (CIRP)-Replacement of Interim Resolution Professional (IRP)
24 Sep - Appointment of new Resolution Professional by NCLT.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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]