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Ashirwad Steels &Ind share price

Ashirwad Steels & Industries Ltd.

BSE: 526847 SECTOR: Steel/Sponge Iron/Pig Iron  9854   29   2

43.50
+0.60 (1.40%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 43.84

Today's Low

₹ 41.7

52 Week High

₹ 54.63

52 Week Low

₹ 16.6

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

54.38 Cr.

Enterprise Value

53.63 Cr.

No. of Shares

1.25 Cr.

P/E

28.56

P/B

0.68

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  63.91

CASH

0.75 Cr.

DEBT

0 Cr.

Promoter Holding

69.06 %

EPS (TTM)

₹  1.52

Sales Growth

-35.27%

ROE

24 %

ROCE

26.74%

Profit Growth

263.05 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-35.27%
3 Year-36.38%
5 Year-37.6%

Profit Growth

1 Year263.05%
3 Year87.24%
5 Year100.46%

ROE%

1 Year24%
3 Year10.42%
5 Year7.65%

ROCE %

1 Year26.74%
3 Year11.56%
5 Year9.18%

Debt/Equity

0

Price to Cash Flow

3.22

Interest Cover Ratio

707.784090909091

CFO/PAT (5 Yr. Avg.)

0.799914126234435

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 69.06 0
Sep 2023 69.06 0
Jun 2023 69.06 0
Mar 2023 69.06 0
Dec 2022 69.06 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company’s PEG ratio is 0.108565143041844.
  • The company has an efficient Cash Conversion Cycle of 0 days.
  • Company has a healthy liquidity position with current ratio of 11.2865580340663.
  • The company has a high promoter holding of 69.06%.

 Limitations

  • The company has shown a poor revenue growth of -36.3751977221928% for the Past 3 years.
  • The company has a low EBITDA margin of -79.7516601932389% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 0 0.32 0.15 0.23 0.34
Total Expenditure 0.68 0.16 0.34 0.23 0.23
Operating Profit -0.68 0.16 -0.18 0.01 0.11
Other Income 1.02 0.62 0.64 0.7 0.69
Interest 0 0 0.01 0 0.05
Depreciation 0.02 0.02 0.02 0.02 0.02
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.32 0.76 0.43 0.68 0.74
Tax 0.13 0.21 0.14 0.19 0.17
Profit After Tax 0.19 0.55 0.3 0.5 0.57
Adjusted EPS (Rs) 0.16 0.44 0.24 0.4 0.45

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 2.76 8.18 1.58 3.26 2.11
Total Expenditure 7.4 14.24 4.69 4.1 1.56
Operating Profit -4.63 -6.06 -3.11 -0.85 0.55
Other Income 14.74 2.99 3.18 0.87 2.34
Interest 0.03 0.1 0.06 0.2 0.03
Depreciation 0.46 0.36 0.36 0.35 0.08
Exceptional Items 0 0 0 5.31 15.88
Profit Before Tax 9.61 -3.53 -0.35 4.78 18.66
Tax 2.09 0.14 -0.03 0.16 1.89
Net Profit 7.52 -3.67 -0.31 4.62 16.77
Adjusted EPS (Rs.) 6.02 -2.94 -0.25 3.69 13.41

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 12.5 12.5 12.5 12.5 12.5
Total Reserves 48.13 43.26 43.95 48.86 65.88
Borrowings 0 0 0 0 0
Other N/C liabilities 0.69 0.13 0.21 -0.29 -0.24
Current liabilities 3.01 5.44 0.54 0.73 1.9
Total Liabilities 64.34 61.32 57.2 61.8 80.03
Assets
Net Block 4.88 4.99 4.65 0.61 0.42
Capital WIP 0 0 0.94 0 0
Intangible WIP 0 0 0 0 0
Investments 11.91 10.21 8.98 5.21 17.37
Loans & Advances 1.51 4.73 2.82 0.65 0.47
Other N/C Assets 24.11 12.92 12.84 30.95 40.37
Current Assets 21.93 28.47 26.98 24.37 21.4
Total Assets 64.34 61.32 57.2 61.8 80.03
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 9.61 -3.53 -0.35 -0.53 2.78
Adjustment -10.12 1.62 -1.01 2.03 -1.84
Changes in Assets & Liabilities -5.57 5.67 0.34 2.5 1.94
Tax Paid -2.65 -0.1 0 -0.16 -1.89
Operating Cash Flow -8.72 3.66 -1.02 9.15 16.87
Investing Cash Flow 17.15 -16.87 3.49 11.15 -9.65
Financing Cash Flow -0.03 1.9 -2.05 -0.01 -0.02
Net Cash Flow 8.4 -11.31 0.42 20.29 7.2

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 69.06 69.06 69.06 69.06 69.06
anika burman 0.04 0.04 0.04 0.04 0.04
chhibbar business & fisca... 18.14 18.14 18.14 18.14 18.14
dalbir chhibbar 0.87 0.87 0.87 0.87 0.87
dilbag rai chhibbar 0.02 0.02 0.02 0.02 0.02
doyang wood products priv... - - 15.25 15.25 15.25
karanbir chhibbar 0.04 0.04 0.04 0.04 0.04
madan mohan chhibbar 0.02 0.02 0.02 0.02 0.02
madhu chhibbar 0.08 0.08 0.08 0.08 0.08
mala chhibbar 0.06 0.06 0.06 0.06 0.06
meghdoot vyapaar private ... 6.96 6.96 6.96 6.96 6.96
paramjit chhibbar 0.12 0.12 0.12 0.12 0.12
punarvasu vyapaar private... 7.06 7.06 7.06 7.06 7.06
sohini suppliers private ... 18.69 18.69 18.69 18.69 18.69
suman chhibbar 0.40 0.40 0.40 0.40 0.40
sushma chhibbar 0.90 0.90 0.90 0.90 0.90
vishesh chhibbar 0.40 0.40 0.40 0.40 0.40
yudhbir chhibbar 0.02 0.02 0.02 0.02 0.02
doyang wood products limi... 9.87 9.87 - - -
gita devi agarwal 0.06 0.06 - - -
howrah gases ltd. 0.14 0.14 - - -
jagran vyapaar pvt. ltd. 0.72 0.72 - - -
larigo investment private... 0.26 0.26 - - -
m. a. hire purchase priva... 1.26 1.26 - - -
manish agrawal 0.16 0.16 - - -
msp properties (india) li... 1.36 1.36 - - -
prema agrawal 0.08 0.08 - - -
puran mal agrawal 0.04 0.04 - - -
rama alloys pvt. ltd. 0.40 0.40 - - -
ramanand puranmal 0.04 0.04 - - -
saket agrawal 0.16 0.16 - - -
suresh kumar agrawal 0.15 0.15 - - -
swagat trexim pvt. ltd. 0.44 0.44 - - -
usha agrawal 0.04 0.04 - - -
vinod kumar agrawal 0.08 0.08 - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 30.94 30.94 30.94 30.94 30.94
arena textiles and indust... 1.20 1.20 1.20 1.20 1.20
aumit capital advisors li... - 1.00 1.00 1.04 1.04
pratik rajendra gandhi 1.20 1.00 1.00 1.00 1.00
ravi business services pv... 3.30 3.30 3.30 3.30 3.30
shree vinay finvest pvt. ... 1.92 1.92 1.92 1.92 1.92
swagat trexim pvt. ltd. - - - - 3.64
shringar mercantile pvt. ... 2.00 2.00 2.00 2.00 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Ashirwad Steels &Ind - Quaterly Results9 Feb 2024, 4:21PM Ashirwad Steels &Ind - Quaterly Results9 Feb 2024, 4:21PM Ashirwad Steels &Ind - Quaterly Results9 Feb 2024, 4:21PM Ashirwad Steels &Ind - Quaterly Results7 Nov 2023, 4:27PM Ashirwad Steels & Industries informs about press release4 Aug 2023, 2:36PM Ashirwad Steels & Industries informs about outcome of board meeting2 Aug 2023, 5:09PM Ashirwad Steels &Ind - Quaterly Results2 Aug 2023, 4:09PM Ashirwad Steels &Ind - Quaterly Results2 Aug 2023, 4:09PM Ashirwad Steels &Ind - Quaterly Results2 Aug 2023, 4:09PM Ashirwad Steels & Industries informs about disclosure25 Jul 2023, 4:13PM Ashirwad Steels & Industries informs about outcome of AGM13 Jun 2023, 1:19PM Ashirwad Steels & Industries informs about newspaper publication8 May 2023, 12:49PM Ashirwad Steels & Industries informs about outcome of board meeting3 May 2023, 5:09PM Ashirwad Steels &Ind - Quaterly Results3 May 2023, 5:00PM Ashirwad Steels &Ind - Quaterly Results3 May 2023, 5:00PM Ashirwad Steels &Ind - Quaterly Results3 May 2023, 5:00PM Ashirwad Steels &Ind - Quaterly Results27 Jan 2023, 4:43PM Ashirwad Steels &Ind - Quaterly Results27 Jan 2023, 4:43PM Ashirwad Steels &Ind - Quaterly Results27 Jan 2023, 4:43PM Ashirwad Steels & Industries informs about closure of trading window2 Jan 2023, 5:34PM Ashirwad Steels & Industries informs about postal ballot noice14 Dec 2022, 4:32PM Ashirwad Steels & Industries informs about disclosure of related party transactions16 Nov 2022, 5:04PM Ashirwad Steels & Industries informs about newspaper publication25 Oct 2022, 5:15PM Ashirwad Steels & Industries informs about outcome of board meeting25 Oct 2022, 4:56PM Ashirwad Steels &Ind - Quaterly Results21 Oct 2022, 4:14PM Ashirwad Steels &Ind - Quaterly Results21 Oct 2022, 4:14PM Ashirwad Steels & Industries informs about disclosure6 Oct 2022, 4:36PM Ashirwad Steels &Ind - Quaterly Results15 Jul 2022, 4:15PM Ashirwad Steels &Ind - Quaterly Results15 Jul 2022, 4:15PM Ashirwad Steels &Ind - Quaterly Results15 Jul 2022, 4:15PM Ashirwad Steels &Ind - Quaterly Results2 May 2022, 4:40PM Ashirwad Steels &Ind - Quaterly Results2 May 2022, 4:40PM Ashirwad Steels &Ind - Quaterly Results2 May 2022, 4:40PM Ashirwad Steels & Industries to sell sponge iron plant for Rs 15 crore 21 Jan 2022, 11:58AM Ashirwad Steels & Industries informs about compliance certificate7 Jan 2022, 4:39PM Ashirwad Steels & Industries informs about price movement clarification27 Nov 2021, 2:30PM Ashirwad Steels & Industries informs about clarification25 Nov 2021, 2:14PM Ashirwad Steels & Industries informs about annual secretarial compliance report23 Jun 2021, 4:36PM Ashirwad Steels & Industries informs about demise of chairman27 May 2020, 3:16PM

Ashirwad Steels &Ind Stock Price Analysis and Quick Research Report. Is Ashirwad Steels &Ind an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Ashirwad Steels &Ind has a PE ratio of 28.5582983193277 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Ashirwad Steels &Ind has ROA of 23.6416400155676 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Ashirwad Steels &Ind has a Current ratio of 11.2865580340663 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Ashirwad Steels &Ind has a ROE of 23.9956719684099 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Ashirwad Steels &Ind has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Ashirwad Steels &Ind has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Ashirwad Steels &Ind has reported revenue growth of -35.2697222904891 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Ashirwad Steels &Ind for the current financial year is 26.1212092449338 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ashirwad Steels &Ind is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Ashirwad Steels &Ind
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