ANKITMETALCommodities

Ankit Metal & Power Limited

Iron & Steel · ISIN INE106I01010 · BSE 532870 · NSE BZ · FV ₹10
Last price
₹2
+1.80%today
What this company does

Ankit Metal & Power Limited operates in Iron & Steel, part of the Commodities sector. It booked ₹147 cr of revenue in its latest quarter (Q3 FY24) and kept -51.8% of sales as profit.

29out of 100
Equitytale Health Score
Fragile

Healthier than 29% of companies in Commodities, on the 4 of 6 measures we could read for it. Each measure is ranked against the 121–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
56

At close. Not part of the score.

Profitability & returns2

How much profit it earns on the money it employs · lowest in its sector on what we could measure

Balance sheet1

How much it owes, and whether earnings cover the interest · lowest in its sector on what we could measure

Growth & consistency62

Whether sales and profit have grown, and how steadily

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: cash quality, valuation. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 71%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -51.8% net margin
! Sales down 26% vs last year

What if I invest in ANKITMETAL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2 +1.80%
latest close · 2026-09-17
1-year return
-5.6%
52-wk low ₹152-wk high ₹22
How good is the business?
How much profit it earns from its money and its sales.
Net margin-51.8%Loss
ThinDecentStrong
EBITDA margin-45.3%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Interest cover-19,014.1×Risky
RiskyOkayStrong ▸5×
Current ratio0.33Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹24 cr
Book value
₹-73
EPS
₹-5.39
latest quarter
Net debt
₹1,104 cr
owes more than its cash
Enterprise value
₹1,128 cr
EBITDA
₹-266 cr
annualised
EBIT
₹-304 cr
annualised
Operating margin
-51.8%
Return on assets
-25.8%
Earnings yield
P/S
0.04
Sales / share
₹41.6
Tax rate
Face value
₹10
Shares
14.1 cr
Working capital
₹-1,473 cr
Current assets
₹722 cr
Current liabilities
₹2,194 cr
Delivery %
65.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q3 FY24 (consolidated)
Revenue from Operations₹147 cr
Other Income₹0 cr
Total Income₹147 cr
Cost of Materials₹116 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹39 cr
Employee Benefit Expense₹4 cr
Finance Costs₹0.4 L
Depreciation & Amortisation₹10 cr
Other Expenses₹46 cr
Total Expenses₹223 cr
Profit before Tax₹-76 cr
Tax Expense₹0 cr
Net Profit₹-76 cr
Net margin on total income-51.8%
Where the money goes · Q3 FY24
% of total spend
Materials + stock-in-trade₹164 cr73.6%
Employee benefit expense₹4 cr1.6%
Finance costs₹0.4 L0.0%
Depreciation & amortisation₹10 cr4.3%
Other expenses₹46 cr20.5%
Total income ₹147 cr

The company made a net loss of ₹76 cr this quarter — income covered only 66 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ1 FY24Q2 FY24Q3 FY24
Revenue203 cr206 cr147 cr
Total income203 cr213 cr147 cr
Expenses256 cr310 cr223 cr
Profit before tax-53 cr-97 cr-76 cr
Tax0 cr0 cr0 cr
Net profit (owners' share)-53 cr-97 cr-76 cr
Net margin (owners' share, on revenue)-26.2%-47.1%-51.8%
EPS (₹)-3.77-6.87-5.39
YoY (latest quarter): total income -25.5% · net profit
Balance sheet & cash flow · as of Sep 2023
Total assets
₹1,178 cr
Shareholder equity
₹-1,032 cr
parent shareholders
Total debt
₹1,105 cr
Cash
₹1 cr
Cash flow · H1 FY24
Operating
₹0.4 L
Investing
₹0 cr
Financing
₹0 cr
Peer comparison
Iron & Steel · by market value
CompanyPriceMarket capP/E
JSW Steel Limited₹1,253₹3.06 L cr16.4
Tata Steel Limited₹187₹2.34 L cr25.2
JINDAL STEEL LIMITED₹1,128₹1.15 L cr34.0
Steel Authority of India Limited₹175₹72,288 cr11.0
Jindal Stainless Limited₹724₹59,702 cr19.4
Sarda Energy & Minerals Limited₹507₹17,865 cr9.7
Vedanta Iron and Steel Limited₹32₹12,442 cr27.4
NMDC Steel Limited₹42₹12,203 cr54.8
Sandur Manganese & Iron Ores Limited₹183₹8,873 cr9.8
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2024-03-31
No pledge
Promoter
71.0%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
29.0%
Smart-money activity
Bulk / block deals
SoldLOTUS GLOBAL INVESTMENT LIMITED · NSE7.75 L @ ₹2.6511 Aug 15
SoldSINGRODIA BROS HOLDING PR IVATE LIMITED · NSE10.00 L @ ₹2.57 Aug 15
SoldROTOMAC VINIMAY PVT LTD · NSE10.00 L @ ₹2.57 Aug 15
Stake changes
BoughtSBICAP Trustee Company Ltd→ 57.52% · 16.30 L15 Jun 16
SoldSBICAP Trustee company limited→ 65.16% · 16.30 L28 Jul 15
Promoter pledges
PledgedSBICAP Trustee Company Limited1.66 cr · 0.00% held22 Dec 16
PledgedSBICAP Trustee Company Ltd11.60 L · 0.74% held22 Dec 16
PledgedSBICAP TrusteeCompany Ltd13.15 L · 0.60% held22 Dec 16
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 71.0% between them · as of 2024-03-31
Astabhuja Properties Private Limited11.74%
Invesco Finance Private Limited8.02%
Shreyansh Leafin Pvt. Ltd.7.84%
Nucore Exports Pvt. Ltd.7.67%
Vasupujya Enterprises Pvt. Ltd.7.35%
Whitestone Suppliers Private Limited7.14%
Vng Mercantiles Pvt. Ltd.6.38%
Arthodock Vinimay Private Limited6.29%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.