A

Ashoka Metcast Limited

ASHOKAMET
Market snapshot · 2026-08-11 05:41 UTC

14.34

+₹0.32 (+2.28%)

MARKET CAP

₹35.84 Cr

STOCK P/E

2.4x

52W HIGH

₹21.00

52W LOW

₹12.13

BOOK VALUE

₹68.33

EPS

₹6.05

ROE

8.56%

SECTOR

Industrials

DEBT/EQUITY

43.16

VOLUME

8,366

P/B RATIO

0.21x

PEG RATIO

Sector

Industrials

Themes

Commodities Trading
₹18.08₹16.80₹15.52₹14.24₹12.96VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Ashoka Metcast is an Indian steel-trading company supplying thermo-mechanically treated, round, flat, mild steel, and angle bars. Steel channels and related goods also contribute to its trading revenues, with no disclosed operating segments beyond these products. Revenue declined 28.9% year-on-year, while profit increased 47.2%, indicating margin improvement despite weaker volumes. No major recent development provides a clear catalyst for further growth or margin expansion. ROE is modest at 8.6%, while debt/equity of 43.16 indicates substantial leverage that can amplify reported returns and financial risk. The profit increase alongside falling revenue suggests improved profitability, but earnings quality remains dependent on trading spreads and demand recovery. At 2.4 times earnings, the stock appears discounted versus typical sector valuations and its earnings profile. However, declining revenue, high leverage, and limited disclosure leave volume recovery and earnings durability as key open questions.

Valuation Metrics

Trading 25.3% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -1.28). Confidence: 50%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

3.16

Current

2.36

Overvalued

3.63

Undervalued

2.68

EV/EBITDA
Strongly Undervalued

5Y Average

19.80

Current

14.82

Overvalued

21.29

Undervalued

16.51

P/B
Strongly Undervalued

5Y Average

0.35

Current

0.21

Overvalued

0.40

Undervalued

0.29

Peers & Comparison

Sector: Industrials · Theme: Commodities Trading

Commodities Trading Peers8 peers
Avg P/E: 28.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ANMOL INDIA LIMITED
ANMOLCommodities Trading
-1.8%0.8%
5.2x
Undervalued
-81% vs avg
-37.0%
AKG EXIM LIMITED
AKGCommodities Trading
-43.4%0.4%
78.0x
Premium
+178% vs avg
-32.1%
ANIK INDUSTRIES LTD
ANIKINDSCommodities Trading
-13.3%-4.5%
-54.4%
SAKUMA EXPORTS LIMITED
SAKUMACommodities Trading
-2.3%0.6%
28.0x
Fair
0% vs avg
-37.5%
MMTC LIMITED
MMTCCommodities Trading
+165.2%11360.1%
24.8x
Fair
-12% vs avg
+3.2%
MSTC LIMITED
MSTCLTDCommodities Trading
+33.7%59.1%
19.0x
Undervalued
-32% vs avg
+24.4%
HEXA TRADEX LIMITED
HEXATRADEXCommodities Trading
-3.1%-190.2%
-10.7%
KOTHARI PRODUCTS LTD
KOTHARIPROCommodities Trading
+42.1%3.1%
13.3x
Undervalued
-53% vs avg
-13.7%
WHY THESE PEERS

Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.85 CrMar 2026

Latest net profit

₹0.00 CrMar 2026

Latest EPS

₹0.00Mar 2026

Net margin

-7.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26-20.0%-10.0%0.0%10.0%20.0%0.00 Cr0.50 Cr1.00 Cr1.50 Cr2.00 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr0.50 Cr1.00 Cr1.50 Cr2.00 Cr₹0₹0₹0₹0₹0
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit-0.65 Cr0.00 Cr0.65 Cr1.30 Cr1.95 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-20 Cr0.00 Cr20 Cr40 Cr60 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +2.680.730.100.000.650.520.780.500.000.420.450.541.85
Expenses +2.660.710.110.030.670.550.780.550.160.500.430.491.98
Operating Profit0.020.02-0.01-0.03-0.02-0.030.00-0.05-0.16-0.080.020.05-0.13
OPM %0.75%2.74%-10.00%-3.08%-5.77%0.00%-10.00%-19.05%4.44%9.26%-7.03%
Other Income +0.000.000.110.220.981.300.930.530.240.460.080.000.56
Interest0.000.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.010.020.020.02-0.040.010.010.010.050.010.010.010.26
Profit before tax0.010.000.080.171.001.260.920.470.030.370.090.040.17
Tax %0.00%0.00%0.00%32.00%15.08%7.61%14.89%-66.67%0.00%0.00%0.00%100.00%
Net Profit +0.010.010.080.170.681.080.850.400.060.370.090.040.00
EPS in Rs0.000.000.030.070.270.430.340.160.020.150.040.020.00
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters53.65%53.65%53.65%53.65%53.65%
Public42.85%42.95%43.29%43.39%43.51%
Others3.50%3.40%3.06%2.96%2.84%
Mar 2026
Promoters
Public
Others

Events Timeline

Board Meeting Intimation for Board Meeting To Be Held On 12/08/2026

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Resignation of Director

Aug 07, 2026PDFCompany Reports Open

Appointment of Company Secretary and Compliance Officer

Jul 29, 2026PDFCompany Reports Open

Board Meeting Outcome for Board Meeting Held On 29/07/2026

Jul 29, 2026PDFCompany Reports Open

Board Meeting Intimation for Meeting To Be Held On July 29, 2026

Jul 24, 2026PDFCompany Reports Open