Ashoka Metcast Ltd

Ashoka Metcast Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ashoka Metcast Ltd

₹ 22.9 0.44%
22 Nov - close price
ashokametcast.in BSE: 540923 NSE: ASHOKAMET
About

Incorporated in 2009, Ashoka Metcast Ltd does trading of steel, goods and others

Key Points

Product Profile:[1]
a) TMT Bars: Used for building homes, multistoried high rise, bridges, flyovers and other civil engineering structures
b) Angle Bars: These are steel bars that are used as support for corners and outer rims that are used for various walls and surfaces
c) MS Bars: Mild steel bars are used for tensile stress of RCC (Reinforced cement concrete) slab beams etc. in reinforced cement concrete work
d) Steel Channels: Steel channels are used ideally as supports and guide rails. These are roll-formed products

Website BSE NSE - BE
  • Market Cap ₹ 57.2 Cr.
  • Current Price ₹ 22.9
  • High / Low ₹ 35.7 / 16.5
  • Stock P/E 6.40
  • Book Value ₹ 43.3
  • Dividend Yield 0.00 %
  • ROCE 5.36 %
  • ROE 3.72 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.53 times its book value
  • Company has delivered good profit growth of 61.3% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.48% over last 3 years.
  • Earnings include an other income of Rs.3.89 Cr.

* 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
35.37 18.42 18.45 19.25 14.22 5.91 6.73 39.39 11.26 14.33
32.62 18.78 17.72 17.38 13.00 5.69 6.29 34.26 10.38 10.48
Operating Profit 2.75 -0.36 0.73 1.87 1.22 0.22 0.44 5.13 0.88 3.85
OPM % 7.77% -1.95% 3.96% 9.71% 8.58% 3.72% 6.54% 13.02% 7.82% 26.87%
0.15 1.03 0.75 0.00 0.00 0.11 0.22 1.43 1.30 0.94
Interest 0.65 0.18 0.36 0.18 0.42 -0.02 0.22 0.91 0.21 0.57
Depreciation 0.33 0.07 0.14 0.14 0.08 0.08 0.08 0.50 0.14 0.35
Profit before tax 1.92 0.42 0.98 1.55 0.72 0.27 0.36 5.15 1.83 3.87
Tax % 21.88% 0.00% 6.12% 14.84% 11.11% 7.41% 5.56% 30.49% 16.39% 9.82%
1.56 0.43 1.12 1.25 0.71 0.35 0.38 3.57 1.52 3.48
EPS in Rs 0.74 0.25 0.45 0.50 0.28 0.14 0.15 1.43 0.61 1.39
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
19.17 0.00 21.99 54.30 67.03 50.44 66.25 71.71
19.26 0.33 21.26 52.54 62.66 45.98 59.24 61.41
Operating Profit -0.09 -0.33 0.73 1.76 4.37 4.46 7.01 10.30
OPM % -0.47% 3.32% 3.24% 6.52% 8.84% 10.58% 14.36%
-0.25 0.28 0.08 0.04 0.31 0.75 1.75 3.89
Interest 0.00 0.00 0.30 0.98 1.27 0.72 1.53 1.91
Depreciation 0.00 0.04 0.41 0.64 0.64 0.43 0.74 1.07
Profit before tax -0.34 -0.09 0.10 0.18 2.77 4.06 6.49 11.21
Tax % -2.94% 0.00% 20.00% 27.78% 19.13% 24.14% 26.04%
-0.28 -0.19 0.03 0.15 2.35 3.22 4.79 8.95
EPS in Rs -0.26 -0.18 0.03 0.14 1.19 1.29 1.92 3.58
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 7%
TTM: 31%
Compounded Profit Growth
10 Years: %
5 Years: 61%
3 Years: 194%
TTM: 19%
Stock Price CAGR
10 Years: %
5 Years: 58%
3 Years: 82%
1 Year: 11%
Return on Equity
10 Years: %
5 Years: 4%
3 Years: 4%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10.71 10.71 10.71 10.71 17.54 25.00 25.00 25.00
Reserves 10.43 10.24 9.64 9.76 17.50 76.49 79.56 83.20
5.54 4.81 14.60 23.31 20.90 15.75 16.65 10.25
2.91 2.93 8.83 7.22 18.23 15.72 16.69 23.00
Total Liabilities 29.59 28.69 43.78 51.00 74.17 132.96 137.90 141.45
4.98 5.12 11.54 11.25 8.49 8.73 17.01 17.33
CWIP 0.32 5.10 0.00 0.00 0.00 0.00 0.00 0.00
Investments 12.69 5.49 5.44 5.47 4.86 4.55 10.37 8.91
11.60 12.98 26.80 34.28 60.82 119.68 110.52 115.21
Total Assets 29.59 28.69 43.78 51.00 74.17 132.96 137.90 141.45

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 -2.26 -10.05 -7.84 -14.58 -46.33 15.90
0.00 3.27 -0.25 -0.45 -3.64 -5.41 -13.32
0.00 -0.62 9.79 8.25 18.21 52.91 -2.45
Net Cash Flow 0.00 0.39 -0.51 -0.05 0.00 1.17 0.13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 146.61 196.36 115.15 128.46 207.25 144.79
Inventory Days 0.00 177.88 93.35 152.37 271.98 234.81
Days Payable 102.07 32.24 33.24 50.44 31.66
Cash Conversion Cycle 146.61 272.17 176.25 247.58 428.79 347.94
Working Capital Days 189.45 283.50 160.52 222.71 663.64 464.89
ROCE % -1.26% 1.32% 2.95% 7.29% 5.29% 5.36%

Shareholding Pattern

Numbers in percentages

39 Recently
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
43.98% 43.98% 43.98% 48.76% 53.64% 53.64% 53.64% 53.64% 53.64% 53.64% 53.64% 53.64%
56.02% 56.02% 56.02% 51.24% 46.35% 46.36% 46.35% 46.35% 46.35% 46.36% 46.35% 46.35%
No. of Shareholders 5515545735735555476613,2294,81811,60816,02915,426

Documents

Announcements

Annual reports