ASHOKAMETCommodities

Ashoka Metcast Limited

Trading - Metals · ISIN INE760Y01011 · BSE 540923 · NSE EQ · FV ₹10
Last price
₹15
+0.69%today
What this company does

Ashoka Metcast Limited operates in Trading - Metals, part of the Commodities sector. It booked ₹4 cr of revenue in its latest quarter (Q1 FY27) and kept 79.4% of sales as profit. It is the 6th largest of 6 Trading - Metals companies we track, by market value.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Commodities, on the 5 of 6 measures we could read for it. Each measure is ranked against the 141–173 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)
52

At close. Not part of the score.

Profitability & returns55

How much profit it earns on the money it employs

Balance sheet51

How much it owes, and whether earnings cover the interest

Cash quality19

Whether reported profit actually arrives as cash

Valuation97

What today's price implies, against our models or its peers

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: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 79% net margin
Profit up 187% vs last year
Promoters hold 54%
No promoter shares pledged
Watch-outs
! Sales down 25% vs last year
! Operating cash flow is negative

What if I invest in ASHOKAMET?

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 We do not publish price targets or predict returns.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
₹15 +0.69%
latest close · 2026-09-17
52-wk low ₹1342 sessions so far52-wk high ₹19
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio2.8Low
LowAverageHigh
P/B ratio0.30Below book
Below bookModerateHigh
EV / EBITDA5.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.6%Fair
WeakFairStrong ▸15%
Return on capital8.4%Fair
WeakFairStrong
Net margin79.4%Strong
ThinDecentStrong
EBITDA margin95.6%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.43Comfortable
LowModerateHigh ▸1
Interest cover11.2×Strong
RiskyOkayStrong ▸5×
Current ratio4.23Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹36 cr
Book value
₹49
EPS
₹1.29
latest quarter
Net debt
₹56 cr
owes more than its cash
Enterprise value
₹92 cr
EBITDA
₹16 cr
annualised
EBIT
₹15 cr
annualised
Operating margin
91.3%
Return on assets
6.2%
Earnings yield
35.34%
P/S
2.24
Sales / share
₹6.5
Tax rate
4.4%
Face value
₹10
Shares
2.5 cr
Working capital
₹98 cr
Current assets
₹128 cr
Current liabilities
₹30 cr
Delivery %
64.7%
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 FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 7% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹21₹57, midpoint ₹48

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 · Q1 FY27 (consolidated)
Revenue from Operations₹4 cr
Other Income₹5 cr
Total Income₹9 cr
Cost of Materials₹5 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-98.1 L
Employee Benefit Expense₹28.6 L
Finance Costs₹33.3 L
Depreciation & Amortisation₹17.8 L
Other Expenses₹75.1 L
Total Expenses₹5 cr
Profit before Tax₹3 cr
Tax Expense₹14.9 L
Net Profit₹3 cr
Net margin on total income37.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹4 cr43.3%
Employee benefit expense₹28.6 L3.3%
Finance costs₹33.3 L3.8%
Depreciation & amortisation₹17.8 L2.0%
Other expenses₹75.1 L8.6%
Tax expense₹14.9 L1.7%
Profit for the period₹3 cr37.2%
Total income ₹9 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue7 cr10 cr4 cr
Total income10 cr13 cr9 cr
Expenses5 cr9 cr5 cr
Profit before tax5 cr4 cr3 cr
Tax63.6 L2 cr14.9 L
Net profit (owners' share)4 cr2 cr3 cr
Net margin (owners' share, on revenue)67.1%21.5%79.4%
EPS (₹)1.802.621.29
YoY (latest quarter): total income +31.9% · net profit +187.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹208 cr
Shareholder equity
₹122 cr
parent shareholders
Total debt
₹58 cr
Cash
₹2 cr
Cash flow · H1 FY26
Operating
₹-6 cr
Investing
₹4 cr
Financing
₹2 cr
Peer comparison
Trading - Metals · by market value
CompanyPriceMarket capP/E
Lloyds Enterprises Limited₹67₹10,220 cr22.9
SG Mart Limited₹712₹8,974 cr49.2
BMW Ventures Limited₹50₹435 cr10.3
Abans Enterprises Limited₹27₹186 cr1.4
Bonlon Industries Limited₹37₹61 cr16.3
Ashoka Metcast Limitedthis company₹15₹36 cr2.8
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
53.6%
Public
46.4%
Smart-money activity
Bulk / block deals
BoughtAMRITA JAIN · NSE3.01 L @ ₹17.1511 Sep 26
SoldAMRITA JAIN · NSE2.65 L @ ₹17.1511 Sep 26
SoldRIMPY MITTAL · NSE2.31 L @ ₹16.5324 Feb 26
Stake changes
SoldAarem Insights Private Limited→ 0.00% · 6.81 L13 Jun 24
SoldAarem Insights Private Ltd→ 2.72% · 9.53 L11 Jun 24
SoldMita Harshul Shah alongwith PAC→ 1.40% · 1.50 L31 May 24
What shareholders were asked to approve
3 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 4 Mar 2026
See the official result
1
REGULARIZATION OF APPOINTMENT OF MR. KUNJAN NATHABHAI RATHOD (DIN: 10964701) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
⚑ Passed only because promoters voted yes
Backed by 34% of shareholders other than promotersneeded 75%
47,464 votes for, 92,659 against
2
ALTERATION (ADDITION) IN OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
Backed by 100% of shareholders other than promotersneeded 75%
1.40 L votes for, 124 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

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 — 7 named members
owning 53.6% between them · as of 2026-06-30
Shalin Ashok Shah22.18%
Leena Ashok Shah9.85%
Ashok Chinubhai Shah9.61%
Shalin A Shah (HUF)7.18%
Payal Shalin Shah4.83%
Ashnisha Industries Limitedno shares
Lesha Ventures Private Limitedno shares

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.