ASHOKAMETNSEAshoka Metcast LimitedHighNeutral
Announced Fri, 13 Feb · 13:05 IST

Ashoka Metcast Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Revenue DeclinePat Growth 25pctEbitda Margin ExpansionResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ashoka Metcast Limited filed its Q3 FY26 (Dec 2025) results on both standalone and consolidated basis. On a consolidated basis, revenue from operations fell sharply to ₹1,735.56 lakh for 9MFY26 from ₹3,247.22 lakh a year ago, a drop of about 47%. Despite the revenue fall, consolidated profit after tax (PAT) rose around 26% YoY to ₹857.68 lakh for 9MFY26, helped by a big jump in other income (₹684.80 lakh vs ₹277.28 lakh) and stronger margins in the steel trading segment. For Q3 alone, consolidated PAT nearly 2.5x to ₹449.01 lakh, pushing EPS to ₹1.80 vs ₹0.72 a year ago. Standalone numbers remain tiny (Q3 revenue ₹53.51 lakh, PAT ₹4.24 lakh) because the main steel business runs through subsidiary Rhetan TMT Limited. The auditor GMCA & Co. issued a clean limited review report with no qualifications or adverse remarks.

Likely market impact

The picture is mixed - a steep fall in operating revenue is a concern, but PAT growth driven by other income and better steel-segment margins is supportive in the near term. Investors should watch whether the revenue decline stabilises and whether the boost from other income is a one-off, as recurring earnings power depends on the core steel trading business.