Ashiana Ispat Ltd
ASHISAshiana Ispat Ltd
ASHIS
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
How to use scorecard? Learn more
Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -54.20 | 0.92 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 30.03 | 3.41 | 1.36% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ashiana Ispat is engaged in the steel business. It is engaged in manufacturing thermo mechanically treated (TMT) bars and ingots. It is engaged in steel manufacturing for domestic construction, engineering, automotive and infrastructure sectors
Peers
Compare with peersJSW Steel Ltd
Tata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 197.86 | 208.53 | 294.82 | 442.33 | 311.08 | 296.56 | 438.99 | 465.54 | 324.47 | 309.60 | ||||||||||
Raw Materials | 156.29 | 155.92 | 228.97 | 364.95 | 277.21 | 263.06 | 399.63 | 405.94 | 278.26 | 298.82 | ||||||||||
| Power & Fuel Cost | 24.27 | 29.16 | 34.56 | 34.28 | 21.80 | 12.30 | 17.08 | 21.02 | 17.06 | |||||||||||
| Employee Cost | 1.53 | 1.25 | 1.64 | 2.05 | 2.02 | 1.70 | 2.62 | 4.78 | 4.69 | |||||||||||
| Selling & Administrative Expenses | 5.15 | 5.43 | 11.61 | 20.79 | 14.77 | 8.95 | 9.92 | 1.98 | 2.02 | |||||||||||
| Operating & Other expenses | 3.48 | 7.18 | 6.07 | 8.57 | -0.24 | 1.90 | -0.79 | 19.02 | 9.50 | |||||||||||
EBITDA | 7.14 | 9.59 | 11.97 | 11.69 | -4.48 | 8.65 | 10.53 | 12.80 | 12.94 | 10.78 | ||||||||||
| Depreciation/Amortization | 1.39 | 1.46 | 1.32 | 1.34 | 1.31 | 1.26 | 1.98 | 2.22 | 1.92 | 1.83 | ||||||||||
| PBIT | 5.75 | 8.13 | 10.65 | 10.35 | -5.79 | 7.39 | 8.55 | 10.58 | 11.02 | 8.95 | ||||||||||
| Interest & Other Items | 4.89 | 3.71 | 5.21 | 4.58 | 6.01 | 5.96 | 6.98 | 7.14 | 9.02 | 9.12 | ||||||||||
| PBT | 0.86 | 4.42 | 5.44 | 5.77 | -11.80 | 1.43 | 1.57 | 3.44 | 2.00 | -0.17 | ||||||||||
| Taxes & Other Items | 0.23 | 1.33 | 1.91 | 1.50 | -0.08 | 0.28 | 0.55 | 0.45 | 0.53 | 0.49 | ||||||||||
| Net Income | 0.63 | 3.09 | 3.53 | 4.27 | -11.72 | 1.15 | 1.02 | 2.99 | 1.47 | -0.66 | ||||||||||
| EPS | 1.44 | 6.92 | 5.68 | 5.36 | -14.71 | 1.44 | 1.28 | 3.75 | 1.85 | -0.83 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Ashiana Ispat Ltd | 24.33 | 0.92 | — |
| JSW Steel Ltd | 26.21 | 2.89 | 0.96% |
| Tata Steel Ltd | -40.64 | 1.95 | 2.49% |
| Jindal Steel And Power Ltd | 15.87 | 2.11 | 0.21% |
Price Comparison
Compare ASHIS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 7.35%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
ASHIS has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeAshiana Ispat has adjourned the meeting of the Board of Directors which was scheduled to be held on 17 December 2024. The meeting will now be held on 23 December 2024.Powered by Capital Market - Live
Ashiana Ispat has adjourned the meeting of the Board of Directors which was scheduled to be held on 16 December 2024. The meeting will now be held on 17 December 2024.Powered by Capital Market - Live
Ashiana Ispat will hold a meeting of the Board of Directors of the Company on 16 December 2024.Powered by Capital Market - Live
Net loss of Ashiana Ispat reported to Rs 4.89 crore in the quarter ended September 2024 as against net profit of Rs 0.86 crore during the previous quarter ended September 2023. Sales declined 66.66% to Rs 32.22 crore in the quarter ended September 2024 as against Rs 96.64 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales32.2296.64 -67 OPM %-8.073.37 - PBDT-4.371.45 PL PBT-4.820.97 PL NP-4.890.86 PL Powered by Capital Market - Live
Ashiana Ispat will hold a meeting of the Board of Directors of the Company on 29 November 2024Powered by Capital Market - Live
Ashiana Ispat will hold a meeting of the Board of Directors of the Company on 16 November 2024Powered by Capital Market - Live
Ashiana Ispat will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Ashiana Ispat announced that the 32th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Ashiana Ispat will hold a meeting of the Board of Directors of the Company on 31 August 2024.Powered by Capital Market - Live
Net profit of Ashiana Ispat reported to Rs 3.17 crore in the quarter ended June 2024 as against net loss of Rs 0.44 crore during the previous quarter ended June 2023. Sales rose 83.49% to Rs 108.79 crore in the quarter ended June 2024 as against Rs 59.29 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales108.7959.29 83 OPM %5.584.06 - PBDT3.710.15 2373 PBT3.27-0.35 LP NP3.17-0.44 LP Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of -6.01%, vs industry avg of 9.86%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.08% to 0.04%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -19.21%, vs industry avg of 4.95%