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Ashoka Metcast Limited (ASHOKAMET) Price & Analysis

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ASHOKAMET Stock Chart & Stats

₹15.05

₹0.07(0.32%)

At close: Jan 09 4:00 PM EST

₹15.05

₹0.07(0.32%)

Day’s Range― - ―

52-Week Range₹11.50 - ₹21.11

Previous CloseN/A

Volume13.00K

Average Volume (3M)39.16K

Market Cap

₹356.19M

Enterprise Value₹944.85M

Total Cash (Recent Filing)₹17.88M

Total Debt (Recent Filing)₹577.28M

Price to Earnings (P/E)3.0

Beta1.29

Next Earnings

Aug 17, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)4.68

Shares Outstanding24,996,000

10 Day Avg. Volume3,134

30 Day Avg. Volume39,160

Financial Highlights & Ratios

PEG Ratio0.02

Price to Book (P/B)0.19

Price to Sales (P/S)0.84

P/FCF Ratio-1.08

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Improved Profitability And MarginsMaterial improvement in reported net income versus prior years reflects meaningful operational progress and margin expansion. Sustained higher profitability provides internal funding capacity, builds resilience across steel cycles, and creates room to invest in operations or deleverage if maintained.

Significantly Larger Equity BaseA much larger equity base enhances balance-sheet resilience, improving loss absorption and creditor confidence. This structural strengthening increases flexibility for capex or working capital needs, lowering risk of covenant breaches and supporting longer-term strategic options in a capital-intensive industry.

Demonstrated Cash Generation Potential (2024)The strong OCF and FCF in 2024 show the business can convert earnings into cash under favourable operational or pricing conditions. This indicates an operational cash-generation pathway that, if re-established, can sustainably fund operations and reduce external financing needs.

Bears Say

Persistent Negative Cash Flow ConversionRepeated negative operating and free cash flows weaken liquidity and force reliance on external funding. Over time this strains working capital, increases financing costs, and limits ability to reinvest or smooth cyclicality, making durable recovery dependent on structural cash conversion improvement.

Sharp Rise In Debt In 2026A sudden increase in borrowings materially raises leverage and interest obligations, reducing financial flexibility. If cash flows remain weak, higher debt amplifies refinancing and solvency risk, constraining capital allocation and heightening long-term funding vulnerability in cyclic steel markets.

Uneven And Volatile Revenue TrajectoryInconsistent top-line performance undermines forecastability of margins and cash generation. Structural revenue volatility complicates capacity planning and pricing power, making sustained margin improvement and reliable free cash flow generation less certain over a multi-quarter to multi-year horizon.

Ashoka Metcast Limited News

Ashoka Metcast Names New Company Secretary and Compliance Officer

The latest announcement is out from Ashoka Metcast Limited ( ($IN:ASHOKAMET) ). Ashoka Metcast Limited’s board has approved...

6d ago

Ashoka Metcast Publishes Audited FY26 Results in Newspapers

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has issued an announcement. Ashoka Metcast Limited has announced that it has...

3M ago

Ashoka Metcast Limited Strengthens Board with New Appointment

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) just unveiled an announcement. Ashoka Metcast Limited announced the appointment of Mr....

8M ago

Ashoka Metcast Limited Appoints New Independent Director

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) just unveiled an update. Ashoka Metcast Limited has announced the appointment of...

8M ago

Ashoka Metcast Announces Resignation of Independent Director

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has shared an announcement. Ashoka Metcast Limited has announced the resignation of...

11M ago

Ashoka Metcast Limited Announces 16th AGM and Key Appointments

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has shared an announcement. Ashoka Metcast Limited has announced the scheduling of...

11M ago

Ashoka Metcast Secures Approval to Boost Share Capital

An update from Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) is now available. Ashoka Metcast Limited has successfully passed...

12M ago

Ashoka Metcast Limited Increases Authorised Share Capital to Rs. 95 Crore

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has provided an announcement. Ashoka Metcast Limited has announced an amendment to...

12M ago

ASHOKAMET FAQ

What was Ashoka Metcast Limited’s price range in the past 12 months?

Ashoka Metcast Limited lowest stock price was ₹11.50 and its highest was ₹21.11 in the past 12 months.

What is Ashoka Metcast Limited’s market cap?

Ashoka Metcast Limited’s market cap is ₹356.19M.

When is Ashoka Metcast Limited’s upcoming earnings report date?

Ashoka Metcast Limited’s upcoming earnings report date is Aug 17, 2026 which is in 12 days.

How were Ashoka Metcast Limited’s earnings last quarter?

Currently, no data Available

Is Ashoka Metcast Limited overvalued?

According to Wall Street analysts Ashoka Metcast Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Ashoka Metcast Limited pay dividends?

Ashoka Metcast Limited does not currently pay dividends.

What is Ashoka Metcast Limited’s EPS estimate?

Ashoka Metcast Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Ashoka Metcast Limited have?

Ashoka Metcast Limited has 24,996,000 shares outstanding.

What happened to Ashoka Metcast Limited’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Ashoka Metcast Limited?

Currently, no hedge funds are holding shares in IN:ASHOKAMET

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Ashoka Metcast Limited

Ashoka Metcast Limited, founded in 2009, is headquartered in Ahmedabad, India. The company's primary activities revolve around the purchase and sale of steel, alongside a variety of other goods and merchandise, predominantly within the Gujarat area. Its product line encompasses items such as TMT bars, angles, MS bars, and channels.