Ashoka Metcast Q2 FY27 Share Price & Earnings Call Analysis

₹14.28+0.21% today
Market cap
₹36 Cr
P/E
2.75
ROE
8.40%
PEG
0.06
Price to sales
1.44
Debt to equity
0.12
52W high / low
₹17.2 / ₹12.2
Sales growth (5Y)
-12.60%
EBITDA margin
3.44%
Net profit margin
35.38%
Promoter holding
53.64%
Sales (last year)
₹25 Cr

Incorporated in 2009, Ashoka Metcast Ltd is in the business of trading of steel, goods and other items[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Metals & Minerals Trading
on management's own guidance

  1. BMW VenturesGood growth
    2
  2. SG MartGood growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Metals & Minerals Trading companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1SG Mart20–40%Up 0–2%₹11,075 Cr73.0
2BMW Ventures20–40%Up 0–2%₹562 Cr14.0
3Adani Enterprises20–40%Flat₹3.71L Cr115.4
420–40%Flat₹1,180 Cr68.7

Financials of Ashoka Metcast

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Ashoka Metcast

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +53.64%53.64%53.64%53.64%53.64%53.64%53.64%53.64%53.64%53.64%53.64%53.64%
Public +46.35%46.36%46.35%46.35%46.35%46.36%46.34%46.35%46.35%46.35%46.36%46.35%
No. of Shareholders4,81811,60816,02915,42619,62719,18718,80418,50517,91317,40216,98517,114

Financials of Ashoka Metcast

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +5.916.7339.3911.2614.336.886.495.455.216.6910.354.073.62
YoY Sales growth-67.97%+104.62%-20.82%+142.47%+2.23%-83.52%-51.60%-63.64%-2.76%+59.48%-25.32%-30.52%
Expenses +5.696.2934.2610.3810.484.719.664.934.094.257.944.816.88
Operating Profit0.220.445.130.883.852.17-3.170.521.122.442.41-0.74-3.26
OPM %3.72%6.54%13.02%7.82%26.87%31.54%-48.84%9.54%21.50%36.47%23.29%-18.18%-90.06%
Other Income +0.110.221.431.300.940.543.661.142.533.172.774.636.93
Interest-0.020.220.910.210.570.400.370.390.380.340.320.330.35
Depreciation0.080.080.500.140.350.26-0.110.150.150.150.400.180.18
Profit before tax0.270.365.151.833.872.050.231.123.125.124.463.383.14
Tax %7.41%5.56%30.49%16.39%9.82%12.68%-139.13%0.00%5.13%12.50%50.22%4.44%2.55%
Net Profit +0.350.383.571.523.481.790.541.132.964.492.223.233.07
EPS in Rs0.140.151.430.611.390.720.220.451.181.800.891.291.23

Financials of Ashoka Metcast

Profit & Loss

Annual income statement trend

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +1902254675066392825
Sales growth-100%+147%+23%-25%+31%-41%-29%+3%
Expenses +1902153634659352124
Operating Profit-0-012447461
OPM %-0.5%3.3%3.2%7%9%11%10%23%3.4%
Other Income +-000001251018
Interest0001112211
Depreciation0001101111
Profit before tax-0-00034661416
Tax %-3%0%20%28%19%24%26%10%22%
Net Profit +-0-00023551113
EPS in Rs-0.26-0.180.030.141.191.291.922.204.325.21
Dividend Payout %0%0%0%0%0%0%0%0%0%

Financials of Ashoka Metcast

Balance Sheet

Capital structure and asset base

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital11111111182525252525
Reserves101010102376808697101
Borrowings +651523211616155815
Other Liabilities +3397131618162935
Total Liabilities3029445174133138143208175
Fixed Assets +5512118917171616
CWIP0500000266
Investments135555510111010
Other Assets +1213273461120111114176143
Total Assets3029445174133138143208175

Financials of Ashoka Metcast

Cash Flows

Operating, investing and financing cash movement

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +0-2-10-8-15-4616-6-17
Cash from Investing Activity +03-0-0-4-5-1301
Cash from Financing Activity +0-11081853-2517
Net Cash Flow00-1-0010-11
Free Cash Flow00-12-8-15-477-5-22
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit0%685%-1,377%-445%-334%-1,039%248%-143%-215%

Financials of Ashoka Metcast

Ratios

Working capital efficiency and return ratios

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days147196115128207145245364
Inventory Days0178931522722354641,159
Days Payable1023233503259155
Cash Conversion Cycle1472721762484293486511,369
Working Capital Days84142931575793857741,269
ROCE %-1%1%3%7%5%5%4%9%

What Ashoka Metcast's management said in earlier quarters

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