Ashoka Metcast Limited (IN:ASHOKAMET)
:ASHOKAMET
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Ashoka Metcast Limited
(ASHOKAMET)
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Rating:47Neutral
Price Target:
₹15.00
▼(-0.33% Downside)
Action:ReiteratedDate:10/31/25
The overall stock score for Ashoka Metcast Limited is primarily influenced by its financial performance, which is challenged by declining revenues and negative cash flows. Technical analysis shows a neutral to slightly bearish trend, while the lack of valuation data limits the assessment of the stock's attractiveness. The absence of earnings call and corporate events data further restricts the evaluation.
Positive Factors
Low leverage and strong equity ratio
A debt-to-equity of 0.13 and a strong equity ratio provide durable financial flexibility. Low leverage reduces interest burden and bankruptcy risk, enabling the company to withstand cyclical steel demand, fund working capital needs, or invest selectively without immediate external financing pressure.
Negative Factors
Sharp revenue decline
A near-46% revenue drop is a structural concern: it reduces scale, underutilizes capacity, and pressures fixed-cost absorption. If persistent, the revenue base may not support current margins or investment plans, increasing execution risk and making recovery dependent on material demand or market-share gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and strong equity ratio
A debt-to-equity of 0.13 and a strong equity ratio provide durable financial flexibility. Low leverage reduces interest burden and bankruptcy risk, enabling the company to withstand cyclical steel demand, fund working capital needs, or invest selectively without immediate external financing pressure.
Read all positive factors
Ashoka Metcast Limited (ASHOKAMET) vs. iShares MSCI India ETF (INDA)
Market Cap
₹405.69M
Dividend YieldN/A
Average Volume (3M)39.16K
Price to Earnings (P/E)2.2
Beta (1Y)0.98
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees2
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)2.57
Shares Outstanding24,996,000
10 Day Avg. Volume3,134
30 Day Avg. Volume39,160
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.39
Price to Sales (P/S)1.11
P/FCF Ratio-5.46
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
Ashoka Metcast Limited Business Overview & Revenue Model
Company Description
Ashoka Metcast Limited engages in the trading of steel, goods, and other products primarily in Gujarat. It offers TMT bars, angles, MS bars, and channels. The company was incorporated in 2009 and is based in Ahmedabad, India....
How the Company Makes Money
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Ashoka Metcast Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
60
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 240.37M | 389.63M | 662.49M | 511.89M | 670.29M | 542.97M |
| Gross Profit | 40.87M | 76.07M | 127.75M | 76.64M | 90.10M | 89.58M |
| EBITDA | 85.04M | 101.80M | 67.90M | 49.83M | 42.28M | 16.15M |
| Net Income | 64.16M | 73.39M | 47.94M | 32.21M | 20.91M | 1.53M |
Balance Sheet | ||||||
| Total Assets | 1.59B | 1.43B | 1.38B | 1.33B | 741.77M | 510.01M |
| Cash, Cash Equivalents and Short-Term Investments | 8.38M | 7.99M | 15.06M | 13.80M | 2.13M | 821.16K |
| Total Debt | 308.84M | 149.34M | 166.50M | 157.52M | 208.95M | 233.09M |
| Total Liabilities | 399.96M | 242.27M | 266.32M | 264.81M | 309.51M | 305.28M |
| Stockholders Equity | 1.10B | 1.11B | 1.05B | 1.01B | 406.26M | 204.73M |
Cash Flow | ||||||
| Free Cash Flow | -61.05M | -79.37M | 70.98M | -479.86M | -146.79M | -80.51M |
| Operating Cash Flow | -58.39M | -62.66M | 158.97M | -472.07M | -145.75M | -78.45M |
| Investing Cash Flow | 40.53M | -24.16M | -133.20M | -104.82M | -36.38M | -4.49M |
| Financing Cash Flow | 18.25M | 79.76M | -24.52M | 529.11M | 182.12M | 82.45M |
Ashoka Metcast Limited Technical Analysis
Positive
15.05
Price Trends
14.66
Positive
14.97
Positive
16.01
Positive
Market Momentum
0.57
Negative
64.91
Neutral
75.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASHOKAMET, the sentiment is Positive. The current price of 15.05 is above the 20-day moving average (MA) of 14.54, above the 50-day MA of 14.66, and below the 200-day MA of 16.01, indicating a bullish trend. The MACD of 0.57 indicates Negative momentum. The RSI at 64.91 is Neutral, neither overbought nor oversold. The STOCH value of 75.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ASHOKAMET.
Ashoka Metcast Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ₹14.02B | 215.61 | ― | ― | 12.14% | 211.15% | |
59 Neutral | ₹4.00B | 7.26 | ― | ― | 41.39% | -11.23% | |
50 Neutral | ₹475.80M | -1.11 | ― | ― | -31.38% | -403.40% | |
47 Neutral | ₹405.69M | 2.17 | ― | ― | ― | ― |
* Basic Materials Sector Average
IN:ASHOKAMET
Ashoka Metcast Limited
16.23
-1.59
-8.92%
IN:ANKITMETAL
Ankit Metal & Power Limited
1.61
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IN:MAHASTEEL
Mahamaya Steel Industries Ltd.
853.00
587.00
220.68%
IN:MANAKSIA
Manaksia Limited
61.09
-3.64
-5.62%
IN:MANGALAM
Mangalam Drugs & Organics Ltd.
30.06
-46.94
-60.96%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.