ASHOKAMET

Ashoka Metcast Ltd.

NSE: ASHOKAMET

BSE: 540923

Sector: Metals & Mining

Industry Group: Metals & Minerals Trading

Industry: Trading - Metals

14.67+0.2 (+1.73%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

Score not available

Value Score

Score not available

Price Momentum Score

Score not available

QVM Score

Score not available

Key Metrics

Market Cap

36.67

P/E (TTM)

2.84

P/B

0.30

P/S (TTM)

1.39

EV/EBITDA

17.73

CAPE (5Y)

5.80

ROE (TTM)

9.25

ROCE (TTM)

3.47

ROA (TTM)

6.15

Avg 3Y ROE

6.33

Earnings 3Y CAGR

67.45

Sales 3Y CAGR

-18.11

Sales 5Y CAGR

-12.59

Debt/Equity

0.47

Consensus TP

Strong Buy %

Promoter Holding

53.65

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Ashoka Metcast Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 2.84 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -88.1%

What is P/E Ratio?

Median: 23.87

Value 2.84

2.84128.75

High and improving operating margin

The company reported strong operating margin of 16.54% for 12-month ended 30 Jun 2026 and operating margin improved by 832 bps from 1 year ago

What is Operating profit margin?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 238.66% for 12-month ended 30 Jun 2026 and the growth was 212.63 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Negative

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -20.63% for 12-month ended 30 Jun 2026 and the growth was 57.41 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 36.78

Value -20.63

-70.71191.33

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Low ROE but improving trend

The company reported low ROE of 9.25% for 12-month ended 30 Jun 2026 but ROE improved by 417 bps from 1 year ago

What is ROE (FY)?

Low Debt to Equity but increasing

The company has low Debt to Equity of 0.47 as on 30 Jun 2026 but Debt to Equity increased by 0.34 in the last 1 year

What is Debt to Equity?

Financial Snapshot

See detailed analysis

Multi-year trends for Ashoka Metcast Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Ashoka Metcast Ltd. Shareholding Pattern

Quarterly breakdown of Ashoka Metcast Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Sep 2017	Mar 2018	Sep 2018	Mar 2019	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	100.00	43.98	43.98	43.98	43.98	43.98	43.98	43.98	43.98	48.76	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65
Indian Promoter	100.00	43.98	43.98	43.98	43.98	43.98	43.98	43.98	43.98	48.76	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65	53.65
Foreign Promoter	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mutual Funds / UTI	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	0.00	56.02	56.02	56.02	56.02	56.02	56.02	56.02	56.02	51.24	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35	46.35
Bodies Corporate	0.00	1.30	2.69	3.19	3.03	3.03	3.03	3.14	3.14	10.43	11.38	11.35	11.43	11.40	11.33	11.53	10.88	1.54	1.59	1.18	1.22	1.13	1.00	1.00	1.02	1.02
Others (incl. Retail) No. of shareholders	0.00 0	54.72 630	53.33 599	52.83 572	52.99 558	52.99 544	52.99 539	52.88 541	52.88 560	40.81 559	34.97 538	35.00 538	34.92 532	34.95 645	35.02 3,212	34.82 4,799	35.47 11,586	44.81 16,001	44.76 15,397	45.17 19,591	45.13 19,155	45.22 18,771	45.35 18,476	45.35 17,883	45.33 17,373	45.33 16,957

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Ashoka Metcast Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Ashok Chinubhai Shah Promoter Group	September-2022	Conversion of security (Acquisition) 14th Sep 2022	3.72 %	₹ 7.50	17.50 lac	₹ 1.31 cr
Leena Ashok Shah Promoter Group	September-2022	Conversion of security (Acquisition) 14th Sep 2022	3.19 %	₹ 7.50	19.02 lac	₹ 1.43 cr
Payal Shalin Shah Promoter Group	September-2022	Conversion of security (Acquisition) 14th Sep 2022	0.00 %	₹ 7.50	12.06 lac	₹ 90.45 lac
Ashok Chinubhai Shah Promoter Group	April-2022	Conversion of security (Acquisition) 2nd Apr 2022	4.67 %	₹ 7.50	1.52 lac	₹ 11.40 lac
Shalin Ashok Shah Promoter	April-2022	Conversion of security (Acquisition) 2nd Apr 2022	17.32 %	₹ 7.50	36.90 lac	₹ 2.77 cr
Ashok Chinubhai Shah Promoter Group	December-2021	Preferential Offer (Acquisition) 8th Dec 2021	0.00 %	₹ 2.50	19.02 lac	₹ 47.55 lac
Leena Ashok Shah Promoter Group	December-2021	Preferential Offer (Acquisition) 8th Dec 2021	0.00 %	₹ 2.50	19.02 lac	₹ 47.55 lac
Shalin Ashok Shah Promoter	December-2021	Preferential Offer (Acquisition) 8th Dec 2021	0.00 %	₹ 2.50	36.90 lac	₹ 92.25 lac
Payal Shalin Shah Promoter Group	December-2021	Preferential Offer (Acquisition) 4th Dec 2021	0.00 %	₹ 2.50	12.06 lac	₹ 30.15 lac

No corporate action data available.

Company Profile

Overview of Ashoka Metcast Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Ashoka Metcast Limited is engaged in the trading of steel and other items. The Company is engaged in trading and manufacturing of structural steel products like thermo-mechanically treated (TMT) bars, angles, channels, mild steel (MS) bars and others. Its segments operate in a multi-segment of tradi...

Key personnel

Mr. Chandrakant Natubhai Chauhan

Chief Financial Officer

Mr. Ankur Rastogi

Compliance Officer, Company Secretary

Mr. Ashok Chinubhai Shah

Managing Director

Mr. U. V. Joshi

General Manager

Mr. Hitesh DongaD

Non-Executive Non-Independent Director

Mr. Shalin A. ShahD

Non-Executive Non-Independent Director

Mr. Kunjan Nathabhai RathodD

Non-Executive Independent Director

Mrs. Jhanvi Vikas SethiD

Additional Non-Executive Independent Director

View all

Incorporated on

29 Jul 2009

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

05 Feb 2018

Free Float

1,15,86,000

Website

https://www.ashokametcast.in/

Phone no.

+917926463226

Address

7th Floor, Ashoka Chambers,, Opp. HCG Hospital,, Mithkhali Six Roads, Mithakhali,, AHMEDABAD, 380006, India

Frequently Asked Questions

What is the current share price of Ashoka Metcast Ltd.?

The current share price of Ashoka Metcast Ltd. is ₹ 14.67 as of 14 Oct 2026.

What is the market capitalisation of Ashoka Metcast Ltd.?

The market capitalisation of Ashoka Metcast Ltd. stands at ₹ 36.67 Cr.

What is the PE ratio of Ashoka Metcast Ltd.?

The Price-to-Earnings (PE) ratio of Ashoka Metcast Ltd. is 2.84 as of the latest trailing twelve months data.

What is the ROE and ROCE of Ashoka Metcast Ltd.?

Ashoka Metcast Ltd. has a Return on Equity (ROE) of 9.25% and a Return on Capital Employed (ROCE) of 3.47% as per the latest financial reports.

What is the 52-week high and low of Ashoka Metcast Ltd.?

The 52-week high of Ashoka Metcast Ltd. is - and the 52-week low is -.

What is the dividend yield of Ashoka Metcast Ltd.?

The dividend yield of Ashoka Metcast Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Ashoka Metcast Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 45.33% of Ashoka Metcast Ltd. shares.

What sector does Ashoka Metcast Ltd. belong to?

Ashoka Metcast Ltd. operates in the Metals & Mining sector.

What is the beta of Ashoka Metcast Ltd.?

The beta of Ashoka Metcast Ltd. is 0.83, indicating its price volatility relative to the broader market. Over the past 1 year, Ashoka Metcast Ltd. has delivered an absolute return of -14.06%.

What is the RSI of Ashoka Metcast Ltd.?

The 14-day Relative Strength Index (RSI) of Ashoka Metcast Ltd. is 49.81, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Ashoka Metcast Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Ashoka Metcast Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Company Profile

Frequently Asked Questions

Company Profile

Stock Analysis