Ashirwad Steels & Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 25, 2025, 9:03 pm

Market Cap	41.2 Cr.
Current Price	33.0
High / Low	67.6/28.3
Stock P/E	16.6
Book Value	65.7
Dividend Yield	0.00 %
ROCE	4.08 %
ROE	2.84 %
Face Value	10.0
PEG Ratio	0.63

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ashirwad Steels & Industries Ltd

Competitors of Ashirwad Steels & Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Chennai Ferrous Industries Ltd	41.5 Cr.	115	175/100	8.49	141	0.00 %	10.2 %	5.85 %	10.0
Bihar Sponge Iron Ltd	116 Cr.	12.9	26.8/11.1	10.1	5.61	0.00 %	11.0 %	%	10.0
Ashirwad Steels & Industries Ltd	41.2 Cr.	33.0	67.6/28.3	16.6	65.7	0.00 %	4.08 %	2.84 %	10.0
Vaswani Industries Ltd	136 Cr.	43.4	73.9/30.4	14.0	40.4	0.00 %	13.3 %	7.76 %	10.0
Sarda Energy & Minerals Ltd	16,817 Cr.	477	566/201	24.7	168	0.21 %	15.3 %	14.1 %	1.00
Industry Average	16,453.44 Cr	266.48		22.80	102.39	0.10%	19.34%	18.46%	7.08

All Competitor Stocks of Ashirwad Steels & Industries Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	0.27	0.80	0.29	0.10	0.34	0.32	0.15	0.23	0.34	0.86	0.35	0.28	0.34
Expenses	0.22	1.61	0.27	0.45	0.69	0.16	0.33	0.23	0.22	0.28	0.23	0.23	0.23
Operating Profit	0.05	-0.81	0.02	-0.35	-0.35	0.16	-0.18	0.00	0.12	0.58	0.12	0.05	0.11
OPM %	18.52%	-101.25%	6.90%	-350.00%	-102.94%	50.00%	-120.00%	0.00%	35.29%	67.44%	34.29%	17.86%	32.35%
Other Income	0.75	5.73	0.92	17.05	0.69	0.62	0.64	0.70	0.69	0.78	0.70	0.67	0.59
Interest	0.00	0.01	0.02	0.01	0.00	0.00	0.01	0.00	0.05	0.01	0.02	0.00	0.00
Depreciation	0.09	0.08	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Profit before tax	0.71	4.83	0.91	16.67	0.32	0.76	0.43	0.68	0.74	1.33	0.78	0.70	0.68
Tax %	-2.82%	4.35%	18.68%	8.28%	37.50%	27.63%	32.56%	26.47%	22.97%	32.33%	23.08%	27.14%	30.88%
Net Profit	0.73	4.61	0.74	15.28	0.20	0.55	0.30	0.50	0.57	0.90	0.60	0.51	0.47
EPS in Rs	0.58	3.69	0.59	12.22	0.16	0.44	0.24	0.40	0.46	0.72	0.48	0.41	0.38

Last Updated: February 28, 2025, 3:23 pm

Below is a detailed analysis of the quarterly data for Ashirwad Steels & Industries Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 0.34 Cr.. The value appears strong and on an upward trend. It has increased from 0.28 Cr. (Sep 2024) to 0.34 Cr., marking an increase of 0.06 Cr..
For Expenses, as of Dec 2024, the value is 0.23 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.23 Cr..
For Operating Profit, as of Dec 2024, the value is 0.11 Cr.. The value appears strong and on an upward trend. It has increased from 0.05 Cr. (Sep 2024) to 0.11 Cr., marking an increase of 0.06 Cr..
For OPM %, as of Dec 2024, the value is 32.35%. The value appears strong and on an upward trend. It has increased from 17.86% (Sep 2024) to 32.35%, marking an increase of 14.49%.
For Other Income, as of Dec 2024, the value is 0.59 Cr.. The value appears to be declining and may need further review. It has decreased from 0.67 Cr. (Sep 2024) to 0.59 Cr., marking a decrease of 0.08 Cr..
For Interest, as of Dec 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Depreciation, as of Dec 2024, the value is 0.02 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.02 Cr..
For Profit before tax, as of Dec 2024, the value is 0.68 Cr.. The value appears to be declining and may need further review. It has decreased from 0.70 Cr. (Sep 2024) to 0.68 Cr., marking a decrease of 0.02 Cr..
For Tax %, as of Dec 2024, the value is 30.88%. The value appears to be increasing, which may not be favorable. It has increased from 27.14% (Sep 2024) to 30.88%, marking an increase of 3.74%.
For Net Profit, as of Dec 2024, the value is 0.47 Cr.. The value appears to be declining and may need further review. It has decreased from 0.51 Cr. (Sep 2024) to 0.47 Cr., marking a decrease of 0.04 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.38. The value appears to be declining and may need further review. It has decreased from 0.41 (Sep 2024) to 0.38, marking a decrease of 0.03.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 1:59 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	50.00	15.12	5.15	0.86	1.85	22.26	2.77	8.18	1.58	3.26	4.44	4.40	1.83
Expenses	49.79	16.14	7.42	2.91	2.28	22.90	7.40	10.26	3.44	2.75	1.55	1.07	0.97
Operating Profit	0.21	-1.02	-2.27	-2.05	-0.43	-0.64	-4.63	-2.08	-1.86	0.51	2.89	3.33	0.86
OPM %	0.42%	-6.75%	-44.08%	-238.37%	-23.24%	-2.88%	-167.15%	-25.43%	-117.72%	15.64%	65.09%	75.68%	46.99%
Other Income	2.29	2.79	2.99	2.83	1.91	1.77	14.73	-0.99	1.93	4.82	15.88	0.00	2.74
Interest	0.55	0.47	0.29	0.12	0.03	0.12	0.03	0.10	0.06	0.20	0.03	0.07	0.03
Depreciation	1.13	1.13	0.67	0.63	0.63	0.62	0.46	0.36	0.36	0.35	0.08	0.08	0.08
Profit before tax	0.82	0.17	-0.24	0.03	0.82	0.39	9.61	-3.53	-0.35	4.78	18.66	3.18	3.49
Tax %	3.66%	-117.65%	-50.00%	-533.33%	7.32%	-33.33%	21.75%	4.25%	-8.57%	3.14%	10.13%	29.25%
Net Profit	0.80	0.37	-0.13	0.18	0.76	0.52	7.52	-3.67	-0.31	4.62	16.77	2.26	2.48
EPS in Rs	0.64	0.30	-0.10	0.14	0.61	0.42	6.02	-2.94	-0.25	3.70	13.42	1.81	1.99
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-53.75%	-135.14%	238.46%	322.22%	-31.58%	1346.15%	-148.80%	91.55%	1590.32%	262.99%	-86.52%
Change in YoY Net Profit Growth (%)	0.00%	-81.39%	373.60%	83.76%	-353.80%	1377.73%	-1494.96%	240.36%	1498.77%	-1327.34%	-349.51%

Ashirwad Steels & Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-12%
5 Years:	10%
3 Years:	41%
TTM:	76%

Compounded Profit Growth
10 Years:	20%
5 Years:	24%
3 Years:	34%
TTM:	29%

Stock Price CAGR
10 Years:	22%
5 Years:	30%
3 Years:	28%
1 Year:	-24%

Return on Equity
10 Years:	1%
5 Years:	2%
3 Years:	3%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:49 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50
Reserves	37.82	38.19	38.09	38.21	39.71	40.18	48.13	43.26	43.95	48.86	65.88	68.35	69.57
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.99	0.00	0.00	0.00	0.00	0.00
Other Liabilities	5.71	3.32	2.58	2.23	1.55	2.92	1.02	1.02	0.75	0.02	0.00	0.09	0.04
Total Liabilities	56.03	54.01	53.17	52.94	53.76	55.60	61.65	58.77	57.20	61.38	78.38	80.94	82.11
Fixed Assets	11.17	10.04	9.18	8.77	8.24	7.40	4.88	4.99	4.65	0.61	0.42	0.35	33.38
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.94	0.00	0.00	0.00	0.00
Investments	4.49	4.49	4.46	3.02	7.81	8.87	11.91	10.21	8.98	5.21	17.37	31.81	0.00
Other Assets	40.37	39.48	39.53	41.15	37.71	39.33	44.86	43.57	42.63	55.56	60.59	48.78	48.73
Total Assets	56.03	54.01	53.17	52.94	53.76	55.60	61.65	58.77	57.20	61.38	78.38	80.94	82.11

Below is a detailed analysis of the balance sheet data for Ashirwad Steels & Industries Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹12.50 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 12.50 Cr..
For Reserves, as of Sep 2024, the value is ₹69.57 Cr.. The value appears strong and on an upward trend. It has increased from 68.35 Cr. (Mar 2024) to ₹69.57 Cr., marking an increase of 1.22 Cr..
For Borrowings, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹0.04 Cr.. The value appears to be improving (decreasing). It has decreased from 0.09 Cr. (Mar 2024) to ₹0.04 Cr., marking a decrease of 0.05 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹82.11 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 80.94 Cr. (Mar 2024) to ₹82.11 Cr., marking an increase of 1.17 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹33.38 Cr.. The value appears strong and on an upward trend. It has increased from 0.35 Cr. (Mar 2024) to ₹33.38 Cr., marking an increase of 33.03 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 31.81 Cr. (Mar 2024) to ₹0.00 Cr., marking a decrease of 31.81 Cr..
For Other Assets, as of Sep 2024, the value is ₹48.73 Cr.. The value appears to be declining and may need further review. It has decreased from 48.78 Cr. (Mar 2024) to ₹48.73 Cr., marking a decrease of 0.05 Cr..
For Total Assets, as of Sep 2024, the value is ₹82.11 Cr.. The value appears strong and on an upward trend. It has increased from 80.94 Cr. (Mar 2024) to ₹82.11 Cr., marking an increase of 1.17 Cr..

Notably, the Reserves (69.57 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	9.39	-4.92	3.95	-0.67	-1.46	-3.19	-8.72	3.66	-1.02	9.15	16.49	9.20
Cash from Investing Activity +	1.82	2.68	0.84	5.32	2.01	-1.06	17.15	-16.87	3.49	11.15	-9.27	-11.37
Cash from Financing Activity +	-10.83	-2.69	-4.27	2.89	-0.02	-0.11	-0.03	1.90	-2.05	-0.01	-0.02	-0.06
Net Cash Flow	0.38	-4.93	0.53	7.54	0.53	-4.37	8.40	-11.31	0.42	20.29	7.20	-2.23

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	0.21	-1.02	-2.27	-2.05	-0.43	-0.64	-4.63	-4.07	-1.86	0.51	2.89	3.33

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	11.83	49.97	3.54	0.00	0.00	30.33	65.88	39.71	48.51	0.00	0.00	0.00
Inventory Days	42.22	196.33	326.45	1,360.06		100.10	1,733.75	172.05	2,190.00
Days Payable	13.69	0.00	0.00	0.00		0.00	0.00	6.67	0.00
Cash Conversion Cycle	40.35	246.30	329.99	1,360.06	0.00	130.43	1,799.63	205.10	2,238.51	0.00	0.00	0.00
Working Capital Days	129.72	571.64	1,533.00	7,754.13	1,909.84	177.74	2,437.73	1,103.48	5,925.47	2,315.40	1,542.21	793.05
ROCE %	2.60%	1.27%	0.22%	0.97%	2.08%	0.82%	-5.30%	0.93%	1.68%	1.75%	4.02%	4.08%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	67.63%	67.57%	67.57%	69.06%	69.06%	69.06%	69.07%	69.07%	69.07%	69.07%	69.07%	69.07%
DIIs	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Public	32.30%	32.36%	32.36%	30.87%	30.88%	30.87%	30.87%	30.87%	30.86%	30.86%	30.87%	30.86%
No. of Shareholders	4,918	5,634	5,570	5,423	5,503	5,432	5,445	5,865	6,292	6,606	7,565	7,825

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.80	13.41	3.69	-0.25	-2.94
Diluted EPS (Rs.)	1.80	13.41	3.69	-0.25	-2.94
Cash EPS (Rs.)	1.87	13.47	3.98	0.03	-2.65
Book Value[Excl.RevalReserv]/Share (Rs.)	64.68	62.70	49.09	45.16	44.61
Book Value[Incl.RevalReserv]/Share (Rs.)	64.68	62.70	49.09	45.16	44.61
Revenue From Operations / Share (Rs.)	1.27	1.69	0.86	1.26	6.54
PBDIT / Share (Rs.)	2.66	2.31	-0.13	0.05	-2.46
PBIT / Share (Rs.)	2.60	2.25	-0.41	-0.23	-2.75
PBT / Share (Rs.)	2.55	14.93	3.82	-0.27	-2.82
Net Profit / Share (Rs.)	1.80	13.41	3.69	-0.25	-2.94
PBDIT Margin (%)	209.72	136.85	-15.50	4.04	-37.59
PBIT Margin (%)	204.91	133.19	-48.13	-18.77	-41.94
PBT Margin (%)	200.97	885.53	442.18	-22.09	-43.14
Net Profit Margin (%)	142.25	795.68	427.59	-19.98	-44.89
Return on Networth / Equity (%)	2.78	21.39	7.52	-0.55	-6.58
Return on Capital Employeed (%)	4.01	3.58	-0.85	-0.52	-6.14
Return On Assets (%)	2.78	21.38	7.55	-0.55	-6.24
Total Debt / Equity (X)	0.00	0.00	0.00	0.00	0.03
Asset Turnover Ratio (%)	0.01	0.03	0.01	0.02	0.13
Current Ratio (X)	130.60	4434.25	973.80	49.65	8.98
Quick Ratio (X)	130.60	4434.25	973.80	43.58	7.64
Inventory Turnover Ratio (X)	0.00	0.00	0.00	0.00	1.32
Interest Coverage Ratio (X)	53.28	122.19	-12.79	1.22	-31.32
Interest Coverage Ratio (Post Tax) (X)	37.14	38.69	-51.72	-5.02	-36.40
Enterprise Value (Cr.)	45.84	22.75	16.64	12.41	12.93
EV / Net Operating Revenue (X)	28.92	10.80	15.41	7.88	1.58
EV / EBITDA (X)	13.79	7.89	-99.36	194.79	-4.20
MarketCap / Net Operating Revenue (X)	30.49	11.15	18.16	8.38	1.37
Price / BV (X)	0.59	0.29	0.31	0.23	0.20
Price / Net Operating Revenue (X)	30.49	11.16	18.16	8.38	1.37
EarningsYield	0.04	0.71	0.23	-0.02	-0.32

After reviewing the key financial ratios for Ashirwad Steels & Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 1.80. This value is below the healthy minimum of 5. It has decreased from 13.41 (Mar 23) to 1.80, marking a decrease of 11.61.
For Diluted EPS (Rs.), as of Mar 24, the value is 1.80. This value is below the healthy minimum of 5. It has decreased from 13.41 (Mar 23) to 1.80, marking a decrease of 11.61.
For Cash EPS (Rs.), as of Mar 24, the value is 1.87. This value is below the healthy minimum of 3. It has decreased from 13.47 (Mar 23) to 1.87, marking a decrease of 11.60.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 64.68. It has increased from 62.70 (Mar 23) to 64.68, marking an increase of 1.98.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 64.68. It has increased from 62.70 (Mar 23) to 64.68, marking an increase of 1.98.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1.27. It has decreased from 1.69 (Mar 23) to 1.27, marking a decrease of 0.42.
For PBDIT / Share (Rs.), as of Mar 24, the value is 2.66. This value is within the healthy range. It has increased from 2.31 (Mar 23) to 2.66, marking an increase of 0.35.
For PBIT / Share (Rs.), as of Mar 24, the value is 2.60. This value is within the healthy range. It has increased from 2.25 (Mar 23) to 2.60, marking an increase of 0.35.
For PBT / Share (Rs.), as of Mar 24, the value is 2.55. This value is within the healthy range. It has decreased from 14.93 (Mar 23) to 2.55, marking a decrease of 12.38.
For Net Profit / Share (Rs.), as of Mar 24, the value is 1.80. This value is below the healthy minimum of 2. It has decreased from 13.41 (Mar 23) to 1.80, marking a decrease of 11.61.
For PBDIT Margin (%), as of Mar 24, the value is 209.72. This value is within the healthy range. It has increased from 136.85 (Mar 23) to 209.72, marking an increase of 72.87.
For PBIT Margin (%), as of Mar 24, the value is 204.91. This value exceeds the healthy maximum of 20. It has increased from 133.19 (Mar 23) to 204.91, marking an increase of 71.72.
For PBT Margin (%), as of Mar 24, the value is 200.97. This value is within the healthy range. It has decreased from 885.53 (Mar 23) to 200.97, marking a decrease of 684.56.
For Net Profit Margin (%), as of Mar 24, the value is 142.25. This value exceeds the healthy maximum of 10. It has decreased from 795.68 (Mar 23) to 142.25, marking a decrease of 653.43.
For Return on Networth / Equity (%), as of Mar 24, the value is 2.78. This value is below the healthy minimum of 15. It has decreased from 21.39 (Mar 23) to 2.78, marking a decrease of 18.61.
For Return on Capital Employeed (%), as of Mar 24, the value is 4.01. This value is below the healthy minimum of 10. It has increased from 3.58 (Mar 23) to 4.01, marking an increase of 0.43.
For Return On Assets (%), as of Mar 24, the value is 2.78. This value is below the healthy minimum of 5. It has decreased from 21.38 (Mar 23) to 2.78, marking a decrease of 18.60.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.01. It has decreased from 0.03 (Mar 23) to 0.01, marking a decrease of 0.02.
For Current Ratio (X), as of Mar 24, the value is 130.60. This value exceeds the healthy maximum of 3. It has decreased from 4,434.25 (Mar 23) to 130.60, marking a decrease of 4,303.65.
For Quick Ratio (X), as of Mar 24, the value is 130.60. This value exceeds the healthy maximum of 2. It has decreased from 4,434.25 (Mar 23) to 130.60, marking a decrease of 4,303.65.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 4. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 53.28. This value is within the healthy range. It has decreased from 122.19 (Mar 23) to 53.28, marking a decrease of 68.91.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 37.14. This value is within the healthy range. It has decreased from 38.69 (Mar 23) to 37.14, marking a decrease of 1.55.
For Enterprise Value (Cr.), as of Mar 24, the value is 45.84. It has increased from 22.75 (Mar 23) to 45.84, marking an increase of 23.09.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 28.92. This value exceeds the healthy maximum of 3. It has increased from 10.80 (Mar 23) to 28.92, marking an increase of 18.12.
For EV / EBITDA (X), as of Mar 24, the value is 13.79. This value is within the healthy range. It has increased from 7.89 (Mar 23) to 13.79, marking an increase of 5.90.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 30.49. This value exceeds the healthy maximum of 3. It has increased from 11.15 (Mar 23) to 30.49, marking an increase of 19.34.
For Price / BV (X), as of Mar 24, the value is 0.59. This value is below the healthy minimum of 1. It has increased from 0.29 (Mar 23) to 0.59, marking an increase of 0.30.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 30.49. This value exceeds the healthy maximum of 3. It has increased from 11.16 (Mar 23) to 30.49, marking an increase of 19.33.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.71 (Mar 23) to 0.04, marking a decrease of 0.67.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ashirwad Steels & Industries Ltd as of April 28, 2025 is: 25.27

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 28, 2025, Ashirwad Steels & Industries Ltd is Overvalued by 23.42% compared to the current share price 33.00

Intrinsic Value of Ashirwad Steels & Industries Ltd as of April 28, 2025 is: 31.97

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 28, 2025, Ashirwad Steels & Industries Ltd is Overvalued by 3.12% compared to the current share price 33.00

Last 5 Year EPS CAGR: 26.51%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of 0.29 and average Dividend Yield of 292.69%. The company has higher reserves (47.71 cr) compared to borrowings (0.15 cr), indicating strong financial stability. The company has shown consistent growth in sales (9.36 cr) and profit (2.91 cr) over the years.	The stock has a low average ROCE of 1.26%, which may not be favorable. The stock has a high average Working Capital Days of 141.01, which may not be favorable. The stock has a high average Cash Conversion Cycle of 79.68, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ashirwad Steels & Industries Ltd:
1. Net Profit Margin: 142.25%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 4.01% (Industry Average ROCE: 19.34%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 2.78% (Industry Average ROE: 18.46%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 37.14
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 130.6
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 16.6 (Industry average Stock P/E: 22.8)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Ashirwad Steels & Industries Ltd. is a Public Limited Listed company incorporated on 19/02/1986 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L67100WB1986PLC040201 and registration number is 040201. Currently company belongs to the Industry of Steel - Sponge Iron. Company's Total Operating Revenue is Rs. 1.59 Cr. and Equity Capital is Rs. 12.50 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Steel - Sponge Iron	6, Waterloo Street, Kolkata West Bengal 700069	ashirwadsteels@gmail.com http://www.ashirwadsteels.com

Management
Name	Position Held
Mr. Baninder Singh Sahni	Chairman & Ind.Director
Mr. Dalbir Chhibbar	Managing Director
Mr. Neeraj Chhabra	Independent Director
Mrs. Sushma Chhibbar	Director
Mr. Vishesh Chhibbar	Director

FAQ

What is the intrinsic value of Ashirwad Steels & Industries Ltd?

Ashirwad Steels & Industries Ltd's intrinsic value (as of 28 April 2025) is ₹25.27 — 23.42% lower the current market price of 33.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 41.2 Cr. market cap, FY2025-2026 high/low of ₹67.6/28.3, reserves of 69.57 Cr, and liabilities of 82.11 Cr.

What is the Market Cap of Ashirwad Steels & Industries Ltd?

The Market Cap of Ashirwad Steels & Industries Ltd is 41.2 Cr..

What is the current Stock Price of Ashirwad Steels & Industries Ltd as on 28 April 2025?

The current stock price of Ashirwad Steels & Industries Ltd as on 28 April 2025 is 33.0.

What is the High / Low of Ashirwad Steels & Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Ashirwad Steels & Industries Ltd stocks is ₹67.6/28.3.

What is the Stock P/E of Ashirwad Steels & Industries Ltd?

The Stock P/E of Ashirwad Steels & Industries Ltd is 16.6.

What is the Book Value of Ashirwad Steels & Industries Ltd?

The Book Value of Ashirwad Steels & Industries Ltd is 65.7.

What is the Dividend Yield of Ashirwad Steels & Industries Ltd?

The Dividend Yield of Ashirwad Steels & Industries Ltd is 0.00 %.

What is the ROCE of Ashirwad Steels & Industries Ltd?

The ROCE of Ashirwad Steels & Industries Ltd is 4.08 %.

What is the ROE of Ashirwad Steels & Industries Ltd?

The ROE of Ashirwad Steels & Industries Ltd is 2.84 %.

What is the Face Value of Ashirwad Steels & Industries Ltd?

The Face Value of Ashirwad Steels & Industries Ltd is 10.0.