ANKITMETAL

Ankit Metal & Power Limited

Integrated iron and steel producer with sponge iron, TMT bars and wire rod capacities

Commodities›Metals & Mining›Ferrous Metals›Iron & Steel

ankitmetal.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹2.41
Market cap
34 Cr
Latest results
Dec 2023 — none since
ROCE (FY23)
-44.4%
Operating margin (FY23)
-11.6%
Debt / equity (FY23)
0.00

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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What you need to know

Ankit Metal & Power Limited (AMPL) is an integrated iron & steel producer based in West Bengal, currently under Corporate Insolvency Resolution Process (CIRP notices have been filed to the exchange from at least May 2024 through January 2026).

Company snapshot

13thBy market cap

Ranked among 13 companies in Iron & Steel.

What we see

Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
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Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricMar 2021Jun 2021Sept 2021Dec 2021Mar 2022Jun 2022Sept 2022Dec 2022Mar 2023Jun 2023Sept 2023Dec 2023
Sales209 Cr141 Cr206 Cr149 Cr239 Cr207 Cr187 Cr197 Cr262 Cr203 Cr206 Cr147 Cr
Operating expenses (approx.)206 Cr182 Cr211 Cr145 Cr224 Cr212 Cr190 Cr231 Cr285 Cr248 Cr300 Cr213 Cr
EBITDA3 Cr-41 Cr-5 Cr5 Cr14 Cr-4 Cr-3 Cr-34 Cr-22 Cr-45 Cr-94 Cr-67 Cr
OPM %1.3%-29.2%-2.4%3.1%6.0%-2.2%-1.5%-17.1%-8.5%-22.1%-45.9%-45.3%
Other income0.0002 Cr16 Cr6 Cr0.03 Cr0.73 Cr0.0017 Cr0.03 Cr0.02 Cr0.03 Cr0.01 Cr7 Cr0 Cr
Interest2 Cr2 Cr2 Cr1 Cr0.02 Cr0.02 Cr0.03 Cr0.02 Cr0.02 Cr0.02 Cr0.10 Cr0.0040 Cr
Depreciation14 Cr13 Cr11 Cr10 Cr9 Cr9 Cr9 Cr9 Cr8 Cr8 Cr9 Cr10 Cr
Profit before tax-13 Cr-39 Cr-12 Cr-6 Cr6 Cr-14 Cr-12 Cr-43 Cr-31 Cr-53 Cr-97 Cr-76 Cr
Tax %0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net profit-13 Cr-39 Cr-12 Cr-6 Cr6 Cr-14 Cr-12 Cr-43 Cr-31 Cr-53 Cr-97 Cr-76 Cr
EPS (₹)₹-0.94₹-2.78₹-0.83₹-0.45₹0.40₹-0.96₹-0.82₹-3.06₹-2.17₹-3.77₹-6.87₹-5.39

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales26 Cr188 Cr409 Cr548 Cr418 Cr757 Cr854 CrSign in free for the trailing twelve months
Operating expenses (approx.)262 Cr266 Cr454 Cr528 Cr431 Cr762 Cr917 CrSign in free for the trailing twelve months
EBITDA-236 Cr-79 Cr-45 Cr20 Cr-13 Cr-5 Cr-63 CrSign in free for the trailing twelve months
OPM %-907.9%-41.8%-10.9%3.7%-3.1%-0.7%-7.4%Sign in free for the trailing twelve months
Other income0.51 Cr0.17 Cr0.06 Cr0.06 Cr0.05 Cr0.77 Cr0.09 CrSign in free for the trailing twelve months
Interest15 Cr62 Cr3 Cr44 Cr19 Cr5 Cr0.08 CrSign in free for the trailing twelve months
Depreciation41 Cr41 Cr45 Cr51 Cr44 Cr42 Cr35 CrSign in free for the trailing twelve months
Profit before tax-299 Cr-181 Cr-92 Cr-75 Cr-76 Cr-52 Cr-99 CrSign in free for the trailing twelve months
Tax %—0.0%0.0%0.0%0.0%0.0%0.0%Sign in free for the trailing twelve months
Net profit-299 Cr-181 Cr-92 Cr-75 Cr-76 Cr-52 Cr-99 CrSign in free for the trailing twelve months
EPS (₹)₹-21.21₹-12.85₹-6.54₹-5.32₹-5.36₹-3.66₹-7.00Sign in free for the trailing twelve months
Dividend payout %———————Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity capital141 Cr141 Cr141 Cr141 Cr141 Cr141 Cr141 Cr
Reserves-450 Cr-632 Cr-724 Cr-800 Cr-875 Cr-926 Cr-1,024 Cr
Borrowings1,116 Cr1,014 Cr879 Cr678 Cr1,170 Cr1,140 Cr1,105 Cr
Other liabilities811 Cr962 Cr1,134 Cr1,256 Cr781 Cr865 Cr973 Cr
Total liabilities1,618 Cr1,485 Cr1,430 Cr1,275 Cr1,216 Cr1,219 Cr1,195 Cr
Fixed assets (net)685 Cr644 Cr599 Cr548 Cr504 Cr461 Cr426 Cr
CWIP—————28 Cr47 Cr
Investments0.12 Cr0.12 Cr0.12 Cr0.12 Cr0.12 Cr0.12 Cr0.07 Cr
Inventories526 Cr545 Cr531 Cr531 Cr570 Cr597 Cr572 Cr
Trade receivables255 Cr150 Cr147 Cr112 Cr51 Cr36 Cr61 Cr
Cash & bank3 Cr2 Cr0.62 Cr0.60 Cr0.87 Cr0.62 Cr1 Cr
Other assets148 Cr144 Cr152 Cr83 Cr90 Cr96 Cr87 Cr
Total assets1,618 Cr1,485 Cr1,430 Cr1,275 Cr1,216 Cr1,219 Cr1,195 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from operating activity84 Cr108 Cr139 Cr212 Cr126 Cr60 Cr54 Cr
Cash from investing-6 Cr4 Cr-0.02 Cr0.06 Cr0.04 Cr-28 Cr-19 Cr
Cash from financing-81 Cr-113 Cr-140 Cr-212 Cr-126 Cr-32 Cr-35 Cr
Net cash flow-3 Cr-0.45 Cr-2 Cr-0.02 Cr0.28 Cr-0.25 Cr0.47 Cr
Free cash flow (OCF − Capex)74 Cr—139 Cr—126 Cr32 Cr35 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROCE %——————-44.4%
ROE %———————
Debtor days357629013174451726
Inventory days1649861425566424473393
Days payable1743866437528350476405
Cash conversion cycle34822851181131191414
OCF / EBITDA %———1045.8%———
OCF / EBITDA % (3 years)—————n.m.—
Debt / equity——————0.00
Current ratio0.730.590.530.440.400.380.35
Net debt / EBITDA———————