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Swing Capital

Ashoka Metcast Ltd

NSE: ASHOKAMET BSE: 540923Metal

Incorporated in 2009, Ashoka Metcast Ltd is in the business of trading of steel, goods and other items[1]

₹15.8
52W: ₹11.5 — ₹21.1
PE 78.8 · Book ₹15.7 · +1% vs book
Market Cap₹39.4 Cr
Stock P/E78.8Price to Earnings
ROCE1.42%Return on Capital
ROE1.28%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Stock is trading at 0.98 times its book value

Weaknesses

  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −The company has delivered a poor sales growth of 8.08% over past five years.
  • −Company has a low return on equity of 0.40% over last 3 years.
  • −Company has high debtors of 357 days.

Shareholding Pattern

Promoters53.64%
FIIs0%
DIIs0%
Public46.35%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters53.64%53.64%53.64%53.64%53.64%53.64%53.64%53.64%
FIIs0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%
Public46.35%46.35%46.35%46.36%▲0.046.34%▼0.046.35%▲0.046.35%46.35%

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales00.650.520.780.500.420.450.541.85
Expenses0.030.670.550.780.550.160.50.430.491.98
Operating Profit-0.03-0.02-0.030-0.05-0.16-0.080.020.05-0.13
OPM %0%-3.08%-5.77%0%-10%0%-19.05%4.44%9.26%-7.03%
Net Profit0.170.681.080.850.40.060.370.090.040
EPS ₹0.070.270.430.340.160.020.150.040.020

AI Insights

Revenue Trend

Mar 2026 revenue at ₹3.26Cr, up 81.1% YoY. OPM at -4.6%.

Debt Position

Borrowings at ₹16Cr. Debt-to-equity ratio: 1.11x. High leverage — monitor closely.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 53.64%.

Margin & Efficiency

ROCE improving from 0.76% (Mar 2015) to 1.42% (Mar 2026). Working capital days: 217.21.

Valuation

PE 78.8x with 1.42% ROCE. Price is 1% above book value of ₹15.7. Dividend yield: 0%.

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