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Swing Capital

Ankit Metal & Power Ltd

NSE: ANKITMETAL BSE: 532870Metal

Incorporated in 2002, Ankit Metal & Power Ltd manufactures iron & steel products and also runs a power plant[1]

₹1.62
52W: ₹1.26 — ₹2.54
PE 0 · Book ₹73.2 · -98% vs book
Market Cap₹22.9 Cr
Stock P/E—Price to Earnings
ROCE34.2%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹10

Weaknesses

  • −Company has low interest coverage ratio.
  • −Contingent liabilities of Rs.934 Cr.

Shareholding Pattern

Promoters71.02%
FIIs0%
DIIs0%
Public28.99%
CategoryMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Mar 2024
Promoters71.02%71.02%71.02%71.02%71.02%71.02%71.02%71.02%
FIIs0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%
Public28.98%28.98%28.98%28.97%▼0.028.99%▲0.028.98%▼0.028.99%▲0.028.99%

Financial Statements

MetricSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales212149239207187197262203206147
Expenses211145224212190231285248300213
Operating Profit1514-4-3-34-22-45-94-67
OPM %0%3%6%-2%-2%-17%-9%-22%-46%-45%
Net Profit-12-66-14-12-43-31-53-97-76
EPS ₹-0.83-0.450.4-0.96-0.82-3.06-2.17-3.77-6.87-5.39

AI Insights

Revenue Trend

TTM revenue at ₹818Cr, down 4.2% YoY. OPM at -28%.

Debt Position

Borrowings at ₹1,105Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.

Capex Cycle

CWIP at ₹47Cr (12% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 71.02%.

Margin & Efficiency

ROCE declining from 9% (Mar 2012) to -34% (Mar 2023). Working capital days: -574.

Recent Announcements