Share Price and Basic Stock Data
Last Updated: November 14, 2025, 11:10 am
| PEG Ratio | 0.36 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Ashoka Metcast Ltd operates in the trading and distribution sector, with a current market capitalization of ₹42.1 Cr and a stock price of ₹16.8. The company has experienced fluctuating revenue trends, with reported sales of ₹67.03 Cr in FY 2022, followed by a decline to ₹50.44 Cr in FY 2023. However, FY 2024 saw a recovery, with revenues rising to ₹66.25 Cr. The latest trailing twelve months (TTM) sales stood at ₹33.15 Cr, reflecting ongoing volatility in its revenue stream. Quarterly sales figures illustrate this inconsistency, with a peak of ₹39.39 Cr in Mar 2024, followed by a significant drop to ₹5.91 Cr in Sep 2023. These trends indicate potential challenges in sustaining consistent revenue generation. The company’s operational performance, indicated by Operating Profit Margin (OPM), improved to 13.02% in Mar 2024, demonstrating a positive shift in profitability, albeit it faced a downturn to -48.84% in Mar 2025. Overall, the revenue trajectory suggests a need for strategic initiatives to stabilize and enhance sales performance.
Profitability and Efficiency Metrics
The profitability of Ashoka Metcast Ltd has shown variability across reporting periods. The net profit for FY 2024 reached ₹4.79 Cr, while it declined to ₹5.49 Cr in FY 2025. The net profit margin improved significantly to 18.83% in Mar 2025, compared to 7.23% in Mar 2024, reflecting effective cost management despite revenue challenges. The company reported an interest coverage ratio of 6.52x, indicating a strong ability to meet interest obligations, which is favorable compared to typical sector benchmarks. However, the Cash Conversion Cycle (CCC) has reached an alarming 650.54 days, indicating inefficiencies in managing receivables and inventory. This extended cycle can strain liquidity and operational efficiency. The Return on Equity (ROE) stood at 2.96%, while the Return on Capital Employed (ROCE) was reported at 3.83%, both suggesting that the company has room for improvement in deploying capital effectively to generate higher returns for shareholders.
Balance Sheet Strength and Financial Ratios
Ashoka Metcast Ltd’s balance sheet reflects a cautious approach to leverage, with total borrowings reported at ₹14.94 Cr against reserves of ₹86.42 Cr. The debt-to-equity ratio is relatively low at 0.13, indicating a conservative capital structure that mitigates financial risk. The current ratio of 6.48x and quick ratio of 3.86x suggest strong liquidity, providing a buffer against short-term obligations. However, the company’s asset turnover ratio of 0.27% indicates inefficiencies in utilizing its assets to generate revenue, which is below typical sector standards. The book value per share has increased to ₹44.58 in Mar 2025, reflecting growing equity and reserves. The price-to-book ratio stands at 0.34x, which indicates that the stock may be undervalued compared to its net asset value. The enterprise value of ₹60.04 Cr, along with an EV/EBITDA ratio of 5.90x, suggests that the market perceives the company as having potential for growth, despite its current operational challenges.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Ashoka Metcast Ltd reveals a stable promoter holding of 53.64%, which has remained unchanged across several reporting periods, indicating strong control by the founding stakeholders. The public shareholding stood at 46.35%, reflecting a balanced distribution of ownership. The number of shareholders has increased significantly, from 547 in Mar 2023 to 19,187 in Mar 2025, showing growing investor interest and confidence in the company. However, the absence of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) raises concerns about institutional backing, which may limit liquidity and perceived credibility in the market. The increasing number of shareholders could enhance retail interest, but the lack of institutional support may hinder substantial price appreciation in the short term. Overall, the stability in promoter shareholding coupled with rising retail participation could provide a foundation for future growth.
Outlook, Risks, and Final Insight
The outlook for Ashoka Metcast Ltd hinges on its ability to address operational inefficiencies and stabilize revenue streams. The significant cash conversion cycle poses risks to liquidity, which could impact the company’s ability to fund operations and invest in growth opportunities. Additionally, the fluctuating profitability metrics indicate a need for strategic initiatives to enhance operational efficiency and market positioning. On the positive side, the low debt levels and strong liquidity ratios provide a cushion that could support recovery efforts. If the company can streamline its operations and improve asset utilization, it may harness its balance sheet strength to capitalize on market opportunities. However, without addressing the existing challenges, including high CCC and inconsistent revenue, Ashoka Metcast Ltd may face difficulties in achieving sustainable growth. Investors should remain vigilant about these risks while considering the potential for recovery in a stabilized operational environment.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Ashoka Metcast Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Minal Industries Ltd | 69.3 Cr. | 3.61 | 5.59/3.20 | 41.2 | 2.77 | 0.00 % | 5.97 % | 2.83 % | 2.00 |
| Mitshi India Ltd | 12.8 Cr. | 14.5 | 18.6/13.0 | 426 | 3.09 | 0.00 % | 0.36 % | 0.37 % | 10.0 |
| Modella Woollens Ltd | 6.37 Cr. | 70.0 | 74.8/52.5 | 4.95 | 0.00 % | % | % | 10.0 | |
| MRC Agrotech Ltd | 91.4 Cr. | 44.6 | 49.8/10.2 | 90.5 | 15.0 | 0.00 % | 5.89 % | 4.46 % | 10.0 |
| MRP Agro Ltd | 107 Cr. | 96.0 | 174/84.4 | 15.1 | 30.6 | 0.00 % | 39.2 % | 30.3 % | 10.0 |
| Industry Average | 11,294.50 Cr | 165.09 | 121.55 | 118.54 | 0.26% | 15.44% | 8.88% | 7.74 |
Quarterly Result
| Metric | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 35.37 | 18.42 | 18.45 | 19.25 | 14.22 | 5.91 | 6.73 | 39.39 | 11.26 | 14.33 | 6.88 | 6.49 | 5.45 |
| Expenses | 32.62 | 18.78 | 17.72 | 17.38 | 13.00 | 5.69 | 6.29 | 34.26 | 10.38 | 10.48 | 4.71 | 9.66 | 4.93 |
| Operating Profit | 2.75 | -0.36 | 0.73 | 1.87 | 1.22 | 0.22 | 0.44 | 5.13 | 0.88 | 3.85 | 2.17 | -3.17 | 0.52 |
| OPM % | 7.77% | -1.95% | 3.96% | 9.71% | 8.58% | 3.72% | 6.54% | 13.02% | 7.82% | 26.87% | 31.54% | -48.84% | 9.54% |
| Other Income | 0.15 | 1.03 | 0.75 | 0.00 | 0.00 | 0.11 | 0.22 | 1.43 | 1.30 | 0.94 | 0.54 | 3.66 | 1.14 |
| Interest | 0.65 | 0.18 | 0.36 | 0.18 | 0.42 | -0.02 | 0.22 | 0.91 | 0.21 | 0.57 | 0.40 | 0.37 | 0.39 |
| Depreciation | 0.33 | 0.07 | 0.14 | 0.14 | 0.08 | 0.08 | 0.08 | 0.50 | 0.14 | 0.35 | 0.26 | -0.11 | 0.15 |
| Profit before tax | 1.92 | 0.42 | 0.98 | 1.55 | 0.72 | 0.27 | 0.36 | 5.15 | 1.83 | 3.87 | 2.05 | 0.23 | 1.12 |
| Tax % | 21.88% | 0.00% | 6.12% | 14.84% | 11.11% | 7.41% | 5.56% | 30.49% | 16.39% | 9.82% | 12.68% | -139.13% | 0.00% |
| Net Profit | 1.56 | 0.43 | 1.12 | 1.25 | 0.71 | 0.35 | 0.38 | 3.57 | 1.52 | 3.48 | 1.79 | 0.54 | 1.13 |
| EPS in Rs | 0.74 | 0.25 | 0.45 | 0.50 | 0.28 | 0.14 | 0.15 | 1.43 | 0.61 | 1.39 | 0.72 | 0.22 | 0.45 |
Last Updated: August 19, 2025, 11:15 pm
Below is a detailed analysis of the quarterly data for Ashoka Metcast Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 5.45 Cr.. The value appears to be declining and may need further review. It has decreased from 6.49 Cr. (Mar 2025) to 5.45 Cr., marking a decrease of 1.04 Cr..
- For Expenses, as of Jun 2025, the value is 4.93 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 9.66 Cr. (Mar 2025) to 4.93 Cr., marking a decrease of 4.73 Cr..
- For Operating Profit, as of Jun 2025, the value is 0.52 Cr.. The value appears strong and on an upward trend. It has increased from -3.17 Cr. (Mar 2025) to 0.52 Cr., marking an increase of 3.69 Cr..
- For OPM %, as of Jun 2025, the value is 9.54%. The value appears strong and on an upward trend. It has increased from -48.84% (Mar 2025) to 9.54%, marking an increase of 58.38%.
- For Other Income, as of Jun 2025, the value is 1.14 Cr.. The value appears to be declining and may need further review. It has decreased from 3.66 Cr. (Mar 2025) to 1.14 Cr., marking a decrease of 2.52 Cr..
- For Interest, as of Jun 2025, the value is 0.39 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.37 Cr. (Mar 2025) to 0.39 Cr., marking an increase of 0.02 Cr..
- For Depreciation, as of Jun 2025, the value is 0.15 Cr.. The value appears to be increasing, which may not be favorable. It has increased from -0.11 Cr. (Mar 2025) to 0.15 Cr., marking an increase of 0.26 Cr..
- For Profit before tax, as of Jun 2025, the value is 1.12 Cr.. The value appears strong and on an upward trend. It has increased from 0.23 Cr. (Mar 2025) to 1.12 Cr., marking an increase of 0.89 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value appears to be increasing, which may not be favorable. It has increased from -139.13% (Mar 2025) to 0.00%, marking an increase of 139.13%.
- For Net Profit, as of Jun 2025, the value is 1.13 Cr.. The value appears strong and on an upward trend. It has increased from 0.54 Cr. (Mar 2025) to 1.13 Cr., marking an increase of 0.59 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.45. The value appears strong and on an upward trend. It has increased from 0.22 (Mar 2025) to 0.45, marking an increase of 0.23.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:53 am
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.17 | 0.00 | 21.99 | 54.30 | 67.03 | 50.44 | 66.25 | 38.96 | 33.15 |
| Expenses | 19.26 | 0.33 | 21.26 | 52.54 | 62.66 | 45.98 | 59.24 | 35.20 | 29.78 |
| Operating Profit | -0.09 | -0.33 | 0.73 | 1.76 | 4.37 | 4.46 | 7.01 | 3.76 | 3.37 |
| OPM % | -0.47% | 3.32% | 3.24% | 6.52% | 8.84% | 10.58% | 9.65% | 10.17% | |
| Other Income | -0.25 | 0.28 | 0.08 | 0.04 | 0.31 | 0.75 | 1.75 | 4.57 | 6.28 |
| Interest | 0.00 | 0.00 | 0.30 | 0.98 | 1.27 | 0.72 | 1.53 | 1.56 | 1.73 |
| Depreciation | 0.00 | 0.04 | 0.4 |