WEBSITE BSE:526847 NSE: ASHIRWAD STL Inc. Year: 1986 Industry: Steel & Iron Products
Last updated: 10:12
Ashirwad Steels & Industries Ltd. is a company engaged in the manufacturing and distribution of steel and allied products. The company primarily operates in the steel fabrication and processing sector, producing steel structures, rods, bars, and other steel components used in construction, infrastructure, and industrial applications. Its product range may include TMT bars, structural steel, and other fabricated steel materials catering to builders, contractors, and industrial customers. Ashirwad Steels & Industries Ltd.’s business performanc...Read More
Ashirwad Steels & Industries Ltd. is a company engaged in the manufacturing and distribution of steel and allied products. The company primarily operates in the steel fabrication and processing sector, producing steel structures, rods, bars, and other steel components used in construction, infrastructure, and industrial applications. Its product range may include TMT bars, structural steel, and other fabricated steel materials catering to builders, contractors, and industrial customers. Ashirwad Steels & Industries Ltd.’s business performance is closely tied to demand from the construction and infrastructure sectors, raw material price fluctuations (especially steel and iron), and overall economic activity. Being part of a highly competitive and cyclical industry, the company’s growth depends on efficient production processes, quality assurance, timely delivery, and strong relationships with clients. As a small to mid-sized steel industry player, Ashirwad Steels & Industries Ltd. offers potential growth aligned with India’s infrastructure development but also faces risks related to market volatility, competition, and regulatory changes. ...Read Less
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Market Cap ₹30 Cr.
Stock P/E 12.9
P/B 0.3
Current Price ₹23.8
Book Value ₹ 68
Face Value 10
52W High ₹37.2
Dividend Yield 0%
52W Low ₹ 21
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 |
| Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Total Income | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 0 |
| Adjustments | 0 | -0 | 0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 0 |
| Adjusted Earnings Per Share | 0.4 | 0.5 | 0.7 | 0.5 | 0.4 | 0.4 | 0.6 | 0.4 | 0.5 | 0.4 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 5 | 1 | 2 | 22 | 3 | 8 | 2 | 3 | 2 | 2 | 2 | 2 |
| Other Income | 3 | 3 | 2 | 2 | 15 | 3 | 3 | 1 | 2 | 3 | 2 | 3 |
| Total Income | 8 | 4 | 4 | 24 | 18 | 11 | 5 | 4 | 4 | 4 | 4 | 4 |
| Total Expenditure | 7 | 3 | 3 | 23 | 7 | 14 | 5 | 4 | 2 | 1 | 1 | 0 |
| Operating Profit | 1 | 1 | 1 | 1 | 10 | -3 | 0 | 0 | 3 | 3 | 3 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 16 | 0 | 0 | 0 |
| Profit Before Tax | -0 | 0 | 1 | 0 | 10 | -4 | -0 | 5 | 19 | 3 | 3 | 4 |
| Provision for Tax | -0 | -0 | 0 | -0 | 2 | 0 | -0 | 0 | 2 | 1 | 1 | 0 |
| Profit After Tax | -0 | 0 | 1 | 1 | 8 | -4 | -0 | 5 | 17 | 2 | 2 | 2 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -0 | 0 | 1 | 1 | 8 | -4 | -0 | 5 | 17 | 2 | 2 | 2 |
| Adjusted Earnings Per Share | -0.1 | 0.1 | 0.6 | 0.4 | 6 | -2.9 | -0.3 | 3.7 | 13.4 | 1.8 | 1.8 | 1.9 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | -13% | -24% | -9% |
| Operating Profit CAGR | 0% | 0% | 0% | 12% |
| PAT CAGR | 0% | -26% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -28% | 5% | 14% | 13% |
| ROE Average | 3% | 10% | 7% | 4% |
| ROCE Average | 4% | 12% | 9% | 5% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 51 | 51 | 52 | 53 | 61 | 56 | 56 | 61 | 78 | 81 | 83 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2 | 2 | 1 | 1 | 1 | 0 | 0 | -0 | -0 | -0 | -0 |
| Total Current Liabilities | 0 | 0 | 0 | 2 | 3 | 5 | 1 | 1 | 2 | 1 | 1 |
| Total Liabilities | 53 | 53 | 54 | 56 | 64 | 61 | 57 | 62 | 80 | 82 | 84 |
| Fixed Assets | 9 | 9 | 8 | 7 | 5 | 5 | 5 | 1 | 0 | 0 | 0 |
| Other Non-Current Assets | 10 | 6 | 31 | 32 | 38 | 28 | 26 | 37 | 58 | 68 | 68 |
| Total Current Assets | 34 | 38 | 14 | 16 | 22 | 28 | 27 | 24 | 21 | 13 | 15 |
| Total Assets | 53 | 53 | 54 | 56 | 64 | 61 | 57 | 62 | 80 | 82 | 84 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 12 | 12 | 20 | 20 | 16 | 25 | 13 | 14 | 34 | 41 | 2 |
| Cash Flow from Operating Activities | 4 | -1 | -1 | -3 | -9 | 4 | -1 | 9 | 16 | 9 | -5 |
| Cash Flow from Investing Activities | 1 | 5 | 2 | -1 | 17 | -17 | 3 | 11 | -9 | -48 | 3 |
| Cash Flow from Financing Activities | -4 | 3 | -0 | -0 | -0 | 2 | -2 | -0 | -0 | -0 | -0 |
| Net Cash Inflow / Outflow | 1 | 8 | 1 | -4 | 8 | -11 | 0 | 20 | 7 | -39 | -2 |
| Closing Cash & Cash Equivalent | 12 | 20 | 20 | 16 | 25 | 13 | 14 | 34 | 41 | 2 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -0.1 | 0.15 | 0.61 | 0.41 | 6.02 | -2.94 | -0.25 | 3.69 | 13.41 | 1.8 | 1.84 |
| CEPS(Rs) | 0.44 | 0.65 | 1.11 | 0.91 | 6.39 | -2.65 | 0.04 | 3.98 | 13.47 | 1.87 | 1.9 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 40.47 | 40.57 | 41.77 | 42.15 | 48.51 | 44.61 | 45.16 | 49.09 | 62.71 | 64.68 | 66.5 |
| Core EBITDA Margin(%) | -41.99 | -275.91 | -35.33 | -2.56 | -149.15 | -63.9 | -185.83 | -26 | 26.61 | 32.37 | 39.52 |
| EBIT Margin(%) | 0.79 | 16.73 | 44.53 | 1.94 | 310.56 | -36.17 | -17.49 | 152.98 | 880.85 | 205.09 | 173.38 |
| Pre Tax Margin(%) | -4.47 | 3.23 | 42.86 | 1.5 | 309.59 | -37.23 | -20.78 | 146.71 | 879.61 | 200.98 | 171.64 |
| PAT Margin (%) | -2.36 | 20.91 | 39.79 | 2.01 | 242.27 | -38.74 | -18.8 | 141.87 | 790.36 | 142.26 | 127.27 |
| Cash Profit Margin (%) | 9.94 | 93.2 | 72.74 | 4.41 | 257.04 | -34.98 | 2.66 | 152.69 | 793.99 | 147.07 | 131.67 |
| ROA(%) | -0.24 | 0.34 | 1.42 | 0.95 | 12.54 | -5.85 | -0.53 | 7.76 | 23.64 | 2.79 | 2.78 |
| ROE(%) | -0.26 | 0.36 | 1.48 | 0.99 | 13.28 | -6.31 | -0.56 | 7.84 | 24 | 2.83 | 2.8 |
| ROCE(%) | 0.09 | 0.29 | 1.65 | 0.96 | 17.02 | -5.79 | -0.51 | 8.45 | 26.74 | 4.08 | 3.82 |
| Receivable days | 70.5 | 0 | 0 | 26.12 | 137.91 | 26.66 | 119.2 | 0 | 0 | 0 | 0 |
| Inventory Days | 370.65 | 1490.1 | 514.79 | 54.59 | 868.16 | 253.74 | 780.77 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 44.84 | 10.77 | 112.36 | 15.57 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 34.3 | 17.59 | 27.4 | 1.74 | 0 | 0 | 4.25 | 1.4 | 21.43 | 16.93 |
| Price/Book(x) | 0.11 | 0.12 | 0.26 | 0.27 | 0.22 | 0.2 | 0.23 | 0.32 | 0.3 | 0.6 | 0.47 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | -1.37 | -15.78 | 4.9 | 0.48 | 4.6 | 1.58 | 7.88 | 5.11 | 10.72 | 28.92 | 21.3 |
| EV/Core EBITDA(x) | -8.87 | -17.73 | 6.14 | 9.54 | 1.26 | -4.21 | 186.58 | 702.26 | 7.88 | 13.78 | 11.98 |
| Net Sales Growth(%) | -65.97 | -83.1 | 112.8 | 1102.72 | -87.58 | 195.91 | -80.74 | 106.64 | -34.83 | -25.27 | 13.83 |
| EBIT Growth(%) | -93.25 | 236.25 | 483.78 | -40.97 | 1822.48 | -135.55 | 91.45 | 1799.62 | 275.22 | -82.6 | -3.77 |
| PAT Growth(%) | -134.76 | 240.59 | 317.53 | -31.82 | 1352.83 | -148.81 | 91.43 | 1566.5 | 263.05 | -86.55 | 1.84 |
| EPS Growth(%) | -134.75 | 240.58 | 317.66 | -31.82 | 1352.91 | -148.81 | 91.43 | 1566.61 | 263.05 | -86.55 | 1.84 |
| Debt/Equity(x) | 0 | 0 | 0 | 0 | 0 | 0.04 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 150.86 | 419.28 | 42.47 | 8.04 | 7.28 | 5.24 | 49.65 | 33.31 | 11.29 | 15.28 | 19.63 |
| Quick Ratio(x) | 133.36 | 385.07 | 35.76 | 5.35 | 4.19 | 4.52 | 43.58 | 33.31 | 11.29 | 15.28 | 19.63 |
| Interest Cover(x) | 0.15 | 1.24 | 26.81 | 4.34 | 318.32 | -33.98 | -5.32 | 24.38 | 707.78 | 49.86 | 99.96 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0.18 | 0 | 0 | 0 | 0 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 69.06 | 69.06 | 69.06 | 69.06 | 69.06 | 69.06 | 69.06 | 69.06 | 69.06 | 69.06 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Public | 30.87 | 30.87 | 30.87 | 30.87 | 30.87 | 30.87 | 30.87 | 30.87 | 30.87 | 30.87 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 |
* The pros and cons are machine generated.
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