ASHOKAMET

Ashoka Metcast Limited

Ashoka Metcast Limited (ASHOKAMET) financial statements and selected valuation metrics through 30 June 2026.

Commodities›Metals & Mining›Metals & Minerals Trading›Trading - Metals

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

Price as of 2026-10-16

Stock price
₹15.43
Market cap
39 Cr
Stock P/E
3.0
P/B
0.32
ROE (FY26)
8.1%
ROCE (FY26)
8.0%
Operating margin (FY26)
20.3%
Debt / equity (FY26)
0.47
OCF / EBITDA (FY26)
-265.3%
OCF / EBITDA (3Y)
-43.8%

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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Compare with peers

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What you need to know

Ashoka Metcast is an Ahmedabad-based trading company that deals in steel, mainly TMT bars and round bars, and also reports a smaller trading-of-goods segment.

Company snapshot

6thBy market cap

Ranked among 6 companies in Trading - Metals.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 100.0% of revenue

SegmentRevenue shareRevenuePBTAssets
Others—0 Cr3 Cr—
Steel Trading—0 Cr0 Cr—
Trading of Goods
100.0%
2 Cr0.25 Cr—

What we see

Positives
  • ✓Net margin of 39.0% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Over the last three years operations used more cash than they brought in, despite an operating profit — the business is not yet turning its profit into cash.

Statement tables · Consolidated

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

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales6 Cr7 Cr39 Cr11 Cr14 Cr7 Cr6 Cr5 Cr5 Cr7 Cr10 Cr4 Cr
Operating expenses (approx.)6 Cr6 Cr34 Cr10 Cr10 Cr5 Cr10 Cr5 Cr4 Cr4 Cr8 Cr5 Cr
EBITDA0.22 Cr0.44 Cr5 Cr0.89 Cr4 Cr2 Cr-3 Cr0.52 Cr1 Cr2 Cr2 Cr-0.74 Cr
OPM %3.8%6.6%13.0%7.9%26.9%31.6%-48.8%9.5%21.3%36.5%23.3%-18.1%
Other income0.11 Cr0.22 Cr1 Cr1 Cr0.94 Cr0.54 Cr4 Cr1 Cr3 Cr3 Cr3 Cr5 Cr
Interest-0.02 Cr0.22 Cr0.91 Cr0.21 Cr0.57 Cr0.40 Cr0.37 Cr0.39 Cr0.38 Cr0.34 Cr0.32 Cr0.33 Cr
Depreciation0.08 Cr0.08 Cr0.50 Cr0.14 Cr0.35 Cr0.26 Cr-0.10 Cr0.15 Cr0.15 Cr0.15 Cr0.40 Cr0.18 Cr
Profit before tax0.37 Cr0.40 Cr5 Cr2 Cr4 Cr2 Cr0.22 Cr1 Cr3 Cr5 Cr4 Cr3 Cr
Tax %5.8%5.3%30.6%16.5%9.9%12.7%-145.5%0.0%5.0%12.4%50.3%4.4%
Net profit0.35 Cr0.38 Cr4 Cr2 Cr3 Cr2 Cr0.54 Cr1 Cr3 Cr4 Cr2 Cr3 Cr
EPS (₹)₹0.14₹0.15₹1.43₹0.61₹1.39₹0.72₹0.22₹0.45₹1.18₹1.80₹2.62₹1.29

Profit & loss (annual)

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

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales19 Cr0 Cr22 Cr54 Cr67 Cr50 Cr66 Cr39 Cr28 CrSign in free for the trailing twelve months
Operating expenses (approx.)19 Cr0.44 Cr21 Cr53 Cr63 Cr46 Cr59 Cr35 Cr21 CrSign in free for the trailing twelve months
EBITDA-0.10 Cr-0.44 Cr0.55 Cr2 Cr4 Cr5 Cr7 Cr4 Cr6 CrSign in free for the trailing twelve months
OPM %-0.5%—2.5%3.1%6.5%9.1%10.6%9.6%23.4%Sign in free for the trailing twelve months
Other income0.0094 Cr0.28 Cr0.08 Cr0.04 Cr0.31 Cr0.75 Cr2 Cr6 Cr10 CrSign in free for the trailing twelve months
Interest0.0004 Cr0.0012 Cr0.30 Cr0.98 Cr1 Cr0.72 Cr2 Cr2 Cr1 CrSign in free for the trailing twelve months
Depreciation0.0049 Cr0.04 Cr0.27 Cr0.54 Cr0.64 Cr0.43 Cr0.74 Cr0.66 Cr0.84 CrSign in free for the trailing twelve months
Profit before tax-0.29 Cr-0.19 Cr0.05 Cr0.20 Cr3 Cr4 Cr6 Cr8 Cr14 CrSign in free for the trailing twelve months
Tax %-3.0%-1.8%49.4%22.8%19.0%23.3%26.1%7.8%22.0%Sign in free for the trailing twelve months
Net profit-0.28 Cr-0.19 Cr0.03 Cr0.15 Cr2 Cr3 Cr5 Cr7 Cr11 CrSign in free for the trailing twelve months
EPS (₹)₹-3.65₹-0.18₹0.02₹0.14₹1.95₹1.29₹1.92₹2.94₹6.05Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%0.0%0.0%0.0%0.0%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 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital11 Cr11 Cr11 Cr11 Cr18 Cr25 Cr25 Cr25 Cr25 Cr
Reserves10 Cr10 Cr10 Cr10 Cr17 Cr76 Cr80 Cr86 Cr97 Cr
Borrowings6 Cr—————16 Cr15 Cr58 Cr
Other liabilities3 Cr8 Cr23 Cr31 Cr39 Cr31 Cr11 Cr9 Cr17 Cr
Total liabilities30 Cr29 Cr44 Cr51 Cr74 Cr133 Cr138 Cr143 Cr208 Cr
Fixed assets (net)4 Cr10 Cr12 Cr11 Cr8 Cr9 Cr17 Cr17 Cr16 Cr
CWIP———————2 Cr6 Cr
Investments13 Cr5 Cr5 Cr5 Cr5 Cr5 Cr10 Cr11 Cr10 Cr
Inventories—0 Cr8 Cr12 Cr24 Cr32 Cr34 Cr40 Cr51 Cr
Trade receivables8 Cr6 Cr12 Cr17 Cr24 Cr29 Cr26 Cr26 Cr28 Cr
Cash & bank0.38 Cr0.78 Cr0.26 Cr0.21 Cr0.21 Cr1 Cr2 Cr0.80 Cr2 Cr
Other assets4 Cr6 Cr6 Cr5 Cr13 Cr58 Cr48 Cr47 Cr96 Cr
Total assets30 Cr29 Cr44 Cr51 Cr74 Cr133 Cr138 Cr143 Cr208 Cr

Cash flows

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

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity—-2 Cr-10 Cr-8 Cr-15 Cr-47 Cr16 Cr-6 Cr-17 Cr
Cash from investing—3 Cr-0.25 Cr-0.45 Cr-4 Cr-10 Cr-13 Cr-2 Cr1 Cr
Cash from financing—-0.62 Cr10 Cr8 Cr18 Cr59 Cr-2 Cr8 Cr17 Cr
Net cash flow—0.39 Cr-0.51 Cr-0.05 Cr-0.0003 Cr1 Cr0.13 Cr-0.71 Cr0.99 Cr
Free cash flow (OCF − Capex)—-7 Cr-21 Cr-8 Cr-15 Cr-48 Cr7 Cr-8 Cr-17 Cr

Ratios

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %-1.1%-0.9%1.7%5.8%11.5%4.8%6.3%7.1%8.0%
ROE %-1.3%-0.9%0.1%0.7%6.0%3.2%4.3%6.2%8.1%
Debtor days146—196115128207145244363
Inventory days——16089131254224384878
Days payable——————3048117
Cash conversion cycle146—3562042594613385791124
OCF / EBITDA %——n.m.-467.0%-333.5%-1027.9%226.9%-167.0%-265.3%
OCF / EBITDA % (3 years)———n.m.-492.2%-654.2%-287.4%-244.8%-43.8%
Debt / equity0.260.00450.00470.010.000.000.150.130.47
Current ratio—2.461.631.862.374.774.026.484.23
Net debt / EBITDA——-0.48-0.13-0.05-0.302.043.778.64