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NSE:ASHOKAMET

ASHOKA METCAST LIMITED

Metals & Mining › Metals & Minerals Trading
₹14.20
at close · 27 Oct 2026
▲ 0.59 (+4.34%)

Latest filings

Next results: Tue, 3 Nov · Financial Results
  1. Ashoka Metcast board to approve September 2026 results · Results
  2. RTA compliance certificate for Q2 FY27 under SEBI Reg 74(5) · Compliance
  3. Trading window closed from Oct 1 till Q2 FY26 results announcement · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Trades metals, primarily steel, through the parent and its subsidiary Rhetan TMT Limited. FY26 consolidated revenue was Rs 27.70 crore and net profit was Rs 10.80 crore. Steel trading contributed Rs 27.17 crore of consolidated revenue, with trading of goods contributing Rs 0.54 crore. The latest segment report shows steel trading at 83.6% of segment revenue and trading of goods at 16.4%, with no revenue but Rs 1.10 crore of EBIT from 'Others'. Operations are asset-light: capex was 0.0% of revenue and depreciation 3.0% of revenue. Materials are the largest cost at 76.3% of revenue, with employee cost at 4.5% and other operating expenses at 14.2%. Long-term borrowings rose to Rs 4,294 lakhs from Rs 748 lakhs in FY26, and operating cash flow was negative Rs 1,718 lakhs. The registered office is in Ahmedabad, and the company is listed on NSE and BSE.

Revenue mix · reported segments
Steel Trading83.6%
Trading of Goods16.4%
Others0.0%
Operating scale
Consolidated revenue
Rs 27.70 croreFY26
Steel trading segment revenue
Rs 27.17 croreFY26
Capex as % of revenue
0.0%FY26
Subsidiary
Rhetan TMT Limited (consolidated)FY26
Long-term borrowings
Rs 4,294 lakhsFY26
Registered office
AhmedabadFY26
Who pays it
Steel buyers and distributors (not specified in filings)
Biggest cost
Materials at 76.3% of revenue in FY26
Kind of business
Asset-light metals trading company with no manufacturing footprint
Where it sits
Small-cap listed steel and goods trader on NSE and BSE, operating through a subsidiary
Market Cap
₹35 Cr
P / E (TTM)
2.1×
EV / EBITDA
5.0×
Div Yield
—
Growth
-12.6%▼
Revenue 5y CAGR
PAT — · EBITDA —
Quality
7.5%·
ROCE (5y median)
ROE 8.1% · margin 58.1%
Leverage
0.43·
Debt / Equity · low
Net debt ₹56 Cr
Revenue FY21→FY26
0.5×▼
Revenue change
₹54 Cr → ₹28 Cr
Cash conversion
-0.33×▼
Operating cash ÷ profit · 3 yrs
₹-8 Cr on ₹23 Cr
Moves on a normal day
1.00%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 9 Trading - Metals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#1/9
P/B#1/10
ROCE#5/10
ROE#4/10
Debt / Equity#7/10
EBITDA margin#1/10
Revenue growth#7/10
Profit growth#2/10

Scorecard

Measured from the filed financials, judged against its Trading - Metals peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Revenue shrinking over 5 years (−13% a year)
Returns on capital 7.5% (5-year median)
#5 of 10 in Trading - Metals on the latest reported figures · up from 3.3% in FY21
Over 3 years it reported ₹23 Cr of profit and an operating cash outflow of ₹7.55 Cr — -0.33×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 946 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

ASHOKAMET · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ASHOKA METCAST LIMITED's filed financials and exchange disclosures

What does ASHOKA METCAST LIMITED do?

ASHOKA METCAST LIMITED is a Metals & Minerals Trading company listed on NSE and BSE, trading under the symbol ASHOKAMET.

Is ASHOKA METCAST LIMITED profitable?

Yes. Over the trailing twelve months ASHOKA METCAST LIMITED reported a net profit of ₹13 Cr on revenue of ₹26 Cr.

Does ASHOKA METCAST LIMITED pay a dividend?

Not in the latest reported year — ASHOKA METCAST LIMITED's dividend payout for FY26 was nil.

Is ASHOKA METCAST LIMITED debt-free?

No. It reported borrowings of ₹58 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹56 Cr after cash. Debt stands at 0.43× equity. That is higher than 67% of its 10 Trading - Metals peers.

Is ASHOKA METCAST LIMITED expensive compared with its peers?

On trailing P/E, ASHOKA METCAST LIMITED ranks 1 of 9 in Trading - Metals — cheaper than 100% of them, against an industry median of 30.4×. This is a position, not a valuation judgement.

How much does the ASHOKA METCAST LIMITED share price move in a day?

On a typical session ASHOKA METCAST LIMITED moves 1.00% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are ASHOKA METCAST LIMITED's next results?

Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ASHOKA METCAST LIMITED's announcements?

Every NSE and BSE filing by ASHOKA METCAST LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.