Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:02 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 522273 | NSE: AHMDSTE

Ahmedabad Steelcraft Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹128.20Fairly Valued by 1.38%vs CMP ₹130.00

P/E (10.4) × ROE (18.4%) × BV (₹82.10) × DY (2.00%)

₹159.93Undervalued by 23.02%vs CMP ₹130.00
MoS: +18.7% (Adequate)Confidence: 43/100 (Low)Models: 4 Under, 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹224.0726%Under (+72.4%)
Graham NumberEarnings₹159.8916%Under (+23%)
Earnings PowerEarnings₹4.6113%Over (-96.5%)
DCFCash Flow₹309.1813%Under (+137.8%)
Net Asset ValueAssets₹82.248%Over (-36.7%)
EV/EBITDAEnterprise₹79.5910%Over (-38.8%)
Earnings YieldEarnings₹138.408%Fair (+6.5%)
Revenue MultipleRevenue₹171.126%Under (+31.6%)
Consensus (8 models)₹159.93100%Undervalued
Key Drivers: EPS CAGR 74.8% lifts DCF — verify sustainability. | Wide model spread (₹5–₹309) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 74.8%

*Investments are subject to market risks

Investment Snapshot

63
Ahmedabad Steelcraft Ltd scores 63/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health72/100 · Strong
ROCE 21.4% ExcellentROE 18.4% ExcellentD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent
Smart Money50/100 · Moderate
Promoter holding at 71.4% Stable
Earnings Quality30/100 · Weak
OPM contracting (-114% → -301%) DecliningWorking capital: 187 days Capital intensive
Quarterly Momentum90/100 · Strong
Revenue (4Q): +120% YoY AcceleratingProfit (4Q): +217% YoY Strong
Industry Rank75/100 · Strong
P/E 10.4 vs industry 12.4 In-lineROCE 21.4% vs industry 16.0% Above peers3Y sales CAGR: 456% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Ahmedabad Steelcraft Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
20/100
Low
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 10.4 vs Ind 12.4 | ROCE 21.4% | ROE 18.4% | CFO/NP N/A
Balance Sheet Stress
0/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.00x | IntCov 0.0x | Current 14.77x | Borrow/Reserve 0.00x
Cash Flow Reliability
29/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹11 Cr | CFO/NP N/A
Ownership Accumulation
0
Neutral
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII N/A | DII N/A | Prom 0.00 pp
Business Momentum
-73
Early weakness
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales -4.3% | Q NP -38.2% | Q OPM -5.8 pp
Derived FieldValueHow it is derived
Valuation Gap %+23.0%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.00xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII ChangeN/ALatest FII% minus previous FII%
DII ChangeN/ALatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change+348Latest shareholder count minus previous count
Quarterly Sales Change-4.3%Latest quarter sales vs previous quarter sales
Quarterly Profit Change-38.2%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change-5.8 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:02 am

Market Cap 196 Cr.
Current Price 130
Intrinsic Value₹159.93
High / Low 303/115
Stock P/E10.4
Book Value 82.1
Dividend Yield0.00 %
ROCE21.4 %
ROE18.4 %
Face Value 10.0
PEG Ratio0.14

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Ahmedabad Steelcraft Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Ahmedabad Steelcraft Ltd 196 Cr. 130 303/11510.4 82.10.00 %21.4 %18.4 % 10.0
Kalyani Steels Ltd 2,667 Cr. 611 989/5749.94 4511.64 %15.6 %14.0 % 5.00
ISMT Ltd 3,612 Cr. 120 /20.8 54.40.00 %17.9 %12.1 % 5.00
Sunflag Iron & Steel Company Ltd 3,841 Cr. 213 322/19217.6 4740.35 %3.95 %2.33 % 10.0
Modern Steels Ltd 16.4 Cr. 11.9 21.7/10.43.33 13.20.00 %28.1 %28.4 % 10.0
Industry Average2,579.00 Cr185.2212.41180.780.33%16.00%25.34%8.33

All Competitor Stocks of Ahmedabad Steelcraft Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 0.770.590.460.220.060.020.0038.4368.1565.3042.6864.6861.90
Expenses 1.030.880.711.130.363.270.3536.9262.0160.5438.1854.2255.49
Operating Profit -0.26-0.29-0.25-0.91-0.30-3.25-0.351.516.144.764.5010.466.41
OPM % -33.77%-49.15%-54.35%-413.64%-500.00%-16,250.00%3.93%9.01%7.29%10.54%16.17%10.36%
Other Income 0.120.440.150.190.221.690.350.020.040.010.000.000.00
Interest 0.000.000.000.000.000.010.000.000.000.000.000.000.06
Depreciation 0.040.040.040.040.040.000.000.000.000.000.000.000.17
Profit before tax -0.180.11-0.14-0.76-0.12-1.570.001.536.184.774.5010.466.18
Tax % 5.56%9.09%7.14%1.32%8.33%-21.02%0.00%7.93%26.62%25.11%28.59%25.57%
Net Profit -0.190.10-0.15-0.77-0.12-1.250.001.535.693.493.367.464.61
EPS in Rs -0.460.24-0.37-1.88-0.29-3.050.003.7413.913.622.234.943.05

Last Updated: March 3, 2026, 12:57 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 4:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1233491072121172235
Expenses 12645101193235160208
Operating Profit 0-4-1-1-1-1-2-1-1-1-51226
OPM % 0%-143%-28%-29%-12%-11%-23%-63%-171%-56%-609%7%11%
Other Income 2221131111200
Interest 0000000000000
Depreciation 0000000000000
Profit before tax 2-21001-1-0-1-1-31226
Tax % 5%-2%-4%200%9%0%28%-32%7%5%-12%14%
Net Profit 2-21-001-1-0-1-1-21119
EPS in Rs 4.42-5.452.05-0.020.493.03-2.22-0.56-1.47-1.61-5.6011.1013.84
Dividend Payout % 23%0%37%-2,045%102%16%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172019-20202020-20212022-20232023-20242024-2025
YoY Net Profit Growth (%)-200.00%150.00%-100.00%-200.00%100.00%0.00%-100.00%650.00%
Change in YoY Net Profit Growth (%)0.00%350.00%-250.00%-100.00%300.00%-100.00%-100.00%750.00%

Ahmedabad Steelcraft Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:53%
5 Years:89%
3 Years:529%
TTM:71420%
Compounded Profit Growth
10 Years:21%
5 Years:69%
3 Years:171%
TTM:757%
Stock Price CAGR
10 Years:24%
5 Years:73%
3 Years:123%
1 Year:6%
Return on Equity
10 Years:2%
5 Years:3%
3 Years:6%
Last Year:19%

Last Updated: September 5, 2025, 2:11 pm

Balance Sheet

Last Updated: December 4, 2025, 2:19 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 444444444441015
Reserves 232121222222212121211981109
Borrowings 0000000000000
Other Liabilities 101010111103566
Total Liabilities 2825262627272626262623125190
Fixed Assets 2222224444002
CWIP 0000000000000
Investments 171818191716141515141600
Other Assets 966581087787124188
Total Assets 2825262627272626262623125190

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 01-31-3-1-2-1-1-2-1-77
Cash from Investing Activity + 0-110321112418
Cash from Financing Activity + 000-0-0-0-0-0-0-0-056
Net Cash Flow 0-1-1001-10-0-03-3
Free Cash Flow 01-30-3-3-3-1-1-24-77
CFO/OP 0%-19%283%-45%312%127%109%49%89%154%16%-620%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow0.00-4.00-1.00-1.00-1.00-1.00-2.00-1.00-1.00-1.00-5.0012.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 1101316296691152907353700260
Inventory Days 009680000000
Days Payable 5485
Cash Conversion Cycle 1108660100691152907353700260
Working Capital Days 181211548191921504721,296416213187
ROCE %7%-9%3%-0%1%5%-3%-1%-2%-2%-18%21%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 67.65%67.78%67.89%67.89%67.89%67.89%67.89%67.89%70.30%71.41%71.41%71.41%
Public 32.34%32.22%32.12%32.12%32.12%32.11%32.11%32.10%29.71%28.58%28.58%28.59%
No. of Shareholders 2,8922,8552,8072,5802,6002,5202,5052,5732,6192,6242,7243,072

Shareholding Pattern Chart

No. of Shareholders

Ahmedabad Steelcraft Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 25.68-5.59-1.61-1.47-0.55
Diluted EPS (Rs.) 17.25-5.59-1.61-1.47-0.55
Cash EPS (Rs.) 11.10-5.29-1.20-1.00-0.07
Book Value[Excl.RevalReserv]/Share (Rs.) 93.6056.4860.9862.1762.48
Book Value[Incl.RevalReserv]/Share (Rs.) 93.6056.4860.9862.1762.48
Revenue From Operations / Share (Rs.) 178.261.875.391.714.73
PBDIT / Share (Rs.) 12.94-5.99-1.10-0.84-0.30
PBIT / Share (Rs.) 12.94-6.29-1.50-1.30-0.78
PBT / Share (Rs.) 12.94-6.34-1.52-1.37-0.81
Net Profit / Share (Rs.) 11.10-5.59-1.61-1.47-0.55
PBDIT Margin (%) 7.26-319.86-20.41-49.15-6.47
PBIT Margin (%) 7.25-335.84-27.90-76.13-16.65
PBT Margin (%) 7.25-338.43-28.25-79.69-17.31
Net Profit Margin (%) 6.22-298.47-29.81-85.62-11.67
Return on Networth / Equity (%) 11.86-9.89-2.63-2.36-0.88
Return on Capital Employeed (%) 13.81-11.13-2.42-2.06-1.24
Return On Assets (%) 8.57-9.74-2.53-2.29-0.86
Asset Turnover Ratio (%) 2.320.030.080.020.07
Current Ratio (X) 3.5716.5910.6915.7514.77
Quick Ratio (X) 3.5716.5910.6915.7514.77
Interest Coverage Ratio (X) 3283.97-123.75-56.99-13.79-9.77
Interest Coverage Ratio (Post Tax) (X) 2817.82-114.47-82.22-23.02-16.60
Enterprise Value (Cr.) 277.1210.265.485.793.96
EV / Net Operating Revenue (X) 1.6113.392.498.262.04
EV / EBITDA (X) 22.21-4.19-12.17-16.81-31.56
MarketCap / Net Operating Revenue (X) 1.6219.773.3010.853.06
Price / BV (X) 3.080.650.290.290.23
Price / Net Operating Revenue (X) 1.6219.783.3010.863.06
EarningsYield 0.03-0.15-0.09-0.07-0.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Ahmedabad Steelcraft Ltd. is a Public Limited Listed company incorporated on 14/07/1972 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L27109GJ1972PLC011500 and registration number is 011500. Currently company belongs to the Industry of Steel - Rolling. Company's Total Operating Revenue is Rs. 171.88 Cr. and Equity Capital is Rs. 9.64 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Steel - RollingOffice No.213, Sakar 5, B/h Natraj Cinema, Ahmedabad Gujarat 380009Contact not found
Management
NamePosition Held
Mr. Sunil Dutt PandeyChairman & Non-Exe.Director
Mr. Rohit PandeyManaging Director
Mrs. Preeti PuniaNon Exe.Non Ind.Director
Mr. Rajeev JainInd. Non-Executive Director
Mr. Rajeev SinghInd. Non-Executive Director

FAQ

What is the intrinsic value of Ahmedabad Steelcraft Ltd and is it undervalued?

As of 05 April 2026, Ahmedabad Steelcraft Ltd's intrinsic value is ₹159.93, which is 23.02% higher than the current market price of ₹130.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (18.4 %), book value (₹82.1), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Ahmedabad Steelcraft Ltd?

Ahmedabad Steelcraft Ltd is trading at ₹130.00 as of 05 April 2026, with a FY2026-2027 high of ₹303 and low of ₹115. The stock is currently near its 52-week low. Market cap stands at ₹196 Cr..

How does Ahmedabad Steelcraft Ltd's P/E ratio compare to its industry?

Ahmedabad Steelcraft Ltd has a P/E ratio of 10.4, which is below the industry average of 12.41. This is broadly in line with or below the industry average.

Is Ahmedabad Steelcraft Ltd financially healthy?

Key indicators for Ahmedabad Steelcraft Ltd: ROCE of 21.4 % indicates efficient capital utilization; ROE of 18.4 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Ahmedabad Steelcraft Ltd profitable and how is the profit trend?

Ahmedabad Steelcraft Ltd reported a net profit of ₹11 Cr in Mar 2025 on revenue of ₹172 Cr. Compared to ₹-1 Cr in Mar 2022, the net profit shows an improving trend.

Does Ahmedabad Steelcraft Ltd pay dividends?

Ahmedabad Steelcraft Ltd has a dividend yield of 0.00 % at the current price of ₹130.00. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ahmedabad Steelcraft Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports