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Ashoka Metcast Ltd

ASHOKAMET

Ashoka Metcast Ltd

ASHOKAMET
IndustrialsCommodities Trading
SmallcapWith a market cap of ₹55 cr, stock is ranked 3,448
High RiskStock is 4.67x as volatile as Nifty
25.161.83% (-0.47)
25.161.83% (-0.47)

Price Chart

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Returns
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsCommodities Trading
SmallcapWith a market cap of ₹55 cr, stock is ranked 3,448
High RiskStock is 4.67x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

Low

Undervalued compared to the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsCommodities Trading
SmallcapWith a market cap of ₹55 cr, stock is ranked 3,448
High RiskStock is 4.67x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
6.150.50
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.987.010.55%

Forecast & Ratings

Detailed Forecast 
0%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Ashoka Metcast is engaged in trading and manufacturing of structural steel products.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 199.96%, vs industry avg of 4.09%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0% to 0.05%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue19.180.2822.0754.3467.3451.1968.0075.59
Raw Materialssubtract19.020.0021.0449.3567.1545.6556.0361.40
Power & Fuel Costsubtract0.000.011.132.421.460.431.46
Employee Costsubtract0.050.070.561.171.111.501.11
Selling & Administrative Expensessubtract0.020.100.491.010.570.380.70
Operating & Other expensessubtract0.430.15-1.97-1.41-7.63-1.98-0.05
Depreciation/Amortizationsubtract0.000.040.410.640.640.430.741.07
Interest & Other Itemssubtract0.000.000.300.981.270.721.531.91
Taxes & Other Itemssubtract-0.070.110.070.030.690.841.692.23
EPS-0.25-0.190.040.141.471.511.923.59
DPS0.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
IndustrialsCommodities Trading

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Ashoka Metcast Ltd11.530.50
Adani Enterprises Ltd104.367.650.04%
MMTC Ltd61.257.24
MSTC Ltd21.935.042.43%

Price Comparison

Compare ASHOKAMET with any stock or ETF
Compare ASHOKAMET with any stock or ETF
ASHOKAMET
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding53.65%0.00%0.00%0.00%46.35%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ASHOKAMET has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

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News & Opinions
Spotlight
Ashoka Metcast Ltd leads gainers in 'B' group

HLV Ltd, Secmark Consultancy Ltd, Skipper Ltd Partly Paidup and Shish Industries Ltd are among the other gainers in the BSE's 'B' group today, 14 October 2024.Ashoka Metcast Ltd spiked 19.98% to Rs 32.13 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 7.44 lakh shares were traded on the counter so far as against the average daily volumes of 1.37 lakh shares in the past one month. HLV Ltd surged 18.22% to Rs 21.28. The stock was the second biggest gainer in 'B' group. On the BSE, 41.64 lakh shares were traded on the counter so far as against the average daily volumes of 8.23 lakh shares in the past one month. Secmark Consultancy Ltd soared 16.72% to Rs 120.74. The stock was the third biggest gainer in 'B' group. On the BSE, 7748 shares were traded on the counter so far as against the average daily volumes of 2305 shares in the past one month. Skipper Ltd Partly Paidup rose 13.79% to Rs 416. The stock was the fourth biggest gainer in 'B' group. On the BSE, 2024 shares were traded on the counter so far as against the average daily volumes of 2105 shares in the past one month. Shish Industries Ltd exploded 12.47% to Rs 136.6. The stock was the fifth biggest gainer in 'B' group. On the BSE, 1.85 lakh shares were traded on the counter so far as against the average daily volumes of 34071 shares in the past one month. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Ashoka Metcast Ltd leads gainers in 'B' group

Sri Havisha Hospitality & Infrastructure Ltd, Pavna Industries Ltd, GTL Ltd and Soma Textiles & Industries Ltd are among the other gainers in the BSE's 'B' group today, 11 October 2024.Ashoka Metcast Ltd surged 19.98% to Rs 26.78 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 12.85 lakh shares were traded on the counter so far as against the average daily volumes of 53163 shares in the past one month. Sri Havisha Hospitality & Infrastructure Ltd soared 19.93% to Rs 3.25. The stock was the second biggest gainer in 'B' group. On the BSE, 8.52 lakh shares were traded on the counter so far as against the average daily volumes of 33077 shares in the past one month. Pavna Industries Ltd spiked 16.90% to Rs 706.5. The stock was the third biggest gainer in 'B' group. On the BSE, 62470 shares were traded on the counter so far as against the average daily volumes of 15363 shares in the past one month. GTL Ltd spurt 15.64% to Rs 15.08. The stock was the fourth biggest gainer in 'B' group. On the BSE, 15.21 lakh shares were traded on the counter so far as against the average daily volumes of 2.89 lakh shares in the past one month. Soma Textiles & Industries Ltd exploded 12.94% to Rs 52.45. The stock was the fifth biggest gainer in 'B' group. On the BSE, 1.45 lakh shares were traded on the counter so far as against the average daily volumes of 38950 shares in the past one month. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Ashoka Metcast consolidated net profit rises 894.29% in the September 2024 quarter

Net profit of Ashoka Metcast rose 894.29% to Rs 3.48 crore in the quarter ended September 2024 as against Rs 0.35 crore during the previous quarter ended September 2023. Sales rose 142.47% to Rs 14.33 crore in the quarter ended September 2024 as against Rs 5.91 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales14.335.91 142 OPM %26.873.72 - PBDT4.220.35 1106 PBT3.870.27 1333 NP3.480.35 894 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Ashoka Metcast to discuss results

Ashoka Metcast will hold a meeting of the Board of Directors of the Company on 10 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Ashoka Metcast to conduct EGM

Ashoka Metcast announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 26 September 2024 .Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Ashoka Metcast schedules board meeting

Ashoka Metcast will hold a meeting of the Board of Directors of the Company on 31 August 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Ashoka Metcast to hold AGM

Ashoka Metcast announced that the Annual General Meeting (AGM) of the company will be held on 12 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Ashoka Metcast AGM scheduled

Ashoka Metcast announced that the Annual General Meeting (AGM) of the company will be held on 12 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Ashoka Metcast consolidated net profit rises 114.08% in the June 2024 quarter

Net profit of Ashoka Metcast rose 114.08% to Rs 1.52 crore in the quarter ended June 2024 as against Rs 0.71 crore during the previous quarter ended June 2023. Sales declined 20.82% to Rs 11.26 crore in the quarter ended June 2024 as against Rs 14.22 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales11.2614.22 -21 OPM %7.908.58 - PBDT1.970.80 146 PBT1.830.72 154 NP1.520.71 114 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Ashoka Metcast to hold board meeting

Ashoka Metcast will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live