Ashoka Metcast

Ashoka Metcast

17.95
+0.13
(0.73%)
Market Cap
44.87 Cr
EPS
2.94
PE Ratio
6.42
Dividend Yield
0.00 %
52 Week High
35.25
52 Week Low
15.00
PB Ratio
0.40
Debt to Equity
0.14
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%

Company News

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Caret
negative
Ashoka Metcast Limited approved its quarterly results for the quarter ended June 30, 2025. On a standalone basis, the company reported revenue from operations of Rs 41.83 lakh compared to Rs 51.57 lakh in the same quarter last year. Net profit declined to Rs 36.80 lakh from Rs 107.67 lakh in the corresponding quarter of the previous year. On a consolidated basis, revenue from operations decreased to Rs 545.39 lakh from Rs 1,125.69 lakh year-on-year, while consolidated net profit dropped to Rs 112.59 lakh from Rs 152.46 lakh. The company operates in multi-segment trading of steel and chemical activities. Basic earnings per share on consolidated basis stood at Rs 0.45 compared to Rs 0.61 in the same quarter last year.
positive
Ashoka Metcast Limited successfully passed an ordinary resolution to increase its authorized share capital through a postal ballot conducted via remote e-voting. The voting concluded on August 6, 2025, with 99.99% of votes cast in favor of the resolution. Out of 24,996,000 total shares, 13,659,117 votes were polled (54.65% participation), with 13,657,816 votes supporting the increase and only 1,301 votes against. The promoter and promoter group, holding 13,410,000 shares, voted 100% in favor, while public non-institutional shareholders showed 99.48% support. The postal ballot was conducted under the scrutiny of Chintan K. Patel, a practicing company secretary, and the process was facilitated through Central Depository Services (India) Limited's e-voting platform.
positive
Ashoka Metcast: Profit Soars 894% in Q2 FY2025Oct 10, 2024

Ashoka Metcast reported a net profit of Rs 3.48 crore for Q2 FY2025, up 894.29% from Rs 0.35 crore in Q2 FY2024. Sales increased by 142.47% to Rs 14.33 crore. Operating profit margin improved to 26.87% from 3.72% year-over-year.

Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
66.00
#1 8,396.04
30.11
1,570.90
43.62
#1 126
#1 1,371.60
37.93
241.70
717.87
22.29
1,066.00
-
30
68.33
71.44
74.20
509.30
38.14
158.31
-
16
-21.57
51.11
32.99
230.06
12.20
#1 3,878.20
118.43
19
6.82
45.56
430.00
196.48
84.04
798.70
#1 132.58
4
-92.31
21.98
10.03
131.03
30.36
273.30
-52.04
-8
121.05
55.91
38.85
54.00
-
124.50
12.26
-2
0.30
51.03
140.00
50.50
10.65
224.60
0.49
4
35.29
59.44
17.95
#9 44.87
#1 6.42
#10 43.50
#4 32.81
#5 6
#8 -26.67
58.35
33.65
35.17
6.84
365.70
-
6
-
58.56

Automatic Screeners on ScanX

Forecast
Actual
Growth Rate
Revenue Growth
32.81 %
Net Income Growth
54.84 %
Cash Flow Change
-139.43 %
ROE
48.62 %
ROCE
63.40 %
EBITDA Margin (Avg.)
26.65 %

Quarterly Financial Results

Quarterly Financials
Dec 2021
Mar 2022
Sept 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
0
36
19
19
14
6
7
41
13
15
7
10
7
Expenses
0
33
18
17
13
6
6
34
10
11
5
10
5
EBITDA
0
3
2
2
1
0
1
7
2
5
3
1
2
Operating Profit %
0 %
8 %
4 %
10 %
9 %
4 %
7 %
13 %
8 %
27 %
32 %
-49 %
9 %
Depreciation
0
0
0
0
0
0
0
1
0
0
0
-0
0
Interest
0
1
0
0
0
0
0
1
0
1
0
0
0
Profit Before Tax
0
2
1
2
1
0
0
5
2
4
2
0
1
Tax
0
0
-0
0
0
-0
0
2
0
0
0
-0
0
Net Profit
0
2
1
1
1
0
0
4
2
4
2
1
1
EPS in ₹
0.00
0.74
0.45
0.49
0.28
0.14
0.15
1.43
0.61
1.39
0.72
0.22
0.45

Balance Sheet

Balance Sheet
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
30
29
44
51
74
133
138
143
Fixed Assets
5
5
12
11
9
9
17
17
Current Assets
17
7
23
30
50
103
95
99
Capital Work in Progress
0
5
0
0
0
0
0
2
Investments
7
0
0
0
0
0
10
11
Other Assets
17
19
32
40
66
124
111
114
Total Liabilities
30
29
44
51
74
133
138
143
Current Liabilities
6
0
14
16
21
22
24
15
Non Current Liabilities
3
8
10
14
10
5
3
9
Total Equity
21
21
20
21
43
107
111
119
Reserve & Surplus
10
10
10
10
18
77
80
86
Share Capital
11
11
11
11
18
25
25
25

Cash Flow

Cash Flow
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
0
0
0
-1
-0
0
1
0
-1
Investing Activities
0
0
3
-0
-0
-4
-5
-13
-2
Operating Activities
0
0
-2
-10
-8
-15
-46
16
-6
Financing Activities
0
0
-1
10
8
18
53
-3
8

Share Holding

% Holding
Mar 2021
Sept 2021
Mar 2022
Jun 2022
Sept 2022
Mar 2023
May 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Promoter
43.98 %
43.98 %
48.76 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
53.65 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
48.80 %
47.84 %
37.80 %
29.86 %
29.62 %
29.55 %
29.33 %
29.43 %
30.19 %
30.29 %
33.89 %
43.01 %
43.09 %
42.78 %
42.85 %
42.95 %
Others
7.23 %
8.18 %
13.44 %
16.49 %
16.73 %
16.80 %
17.02 %
16.92 %
16.16 %
16.07 %
12.46 %
3.34 %
3.26 %
3.57 %
3.50 %
3.40 %
No of Share Holders
554
573
573
554
555
547
543
661
3,229
4,818
11,608
16,029
15,426
19,627
19,187
18,804

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
26 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Sept 2025 16.46 17.86
09 Nov 2017 CHANGE OF NAME Change Of Name
NA
09 Nov 2017 0.00 0.00
15 Mar 2024 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
15 Mar 2024 26.40 22.70
12 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
12 Sept 2024 19.10 19.56
26 Sept 2024 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
26 Sept 2024 19.46 20.00
10 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Oct 2024 21.04 20.59
13 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Feb 2025 22.56 21.26
28 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 May 2025 17.75 18.61
11 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Aug 2025 17.45 17.45

Announcements

Announcement under Regulation 30 (LODR)-Resignation of Director6 days ago
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 04, 2025
Announcement Under Reg 30 (LODR)-Letter To Shareholders Providing Web-Links Of Annual Report 2024-25Sep 03, 2025
Reg. 34 (1) Annual Report.Sep 03, 2025
Shareholders Meeting-Notice Of 16Th AGM On 26Th September 2025 At 3:30 P.M. IST Through VCSep 03, 2025
Corporate Action-Fixes Book Closure For 16Th AGM Of The CompanyAug 30, 2025
Announcement Under Reg 30 (LODR)-Appointment Of Secretarial Auditor 2025-26 To 2029-30Aug 30, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On 30/08/2025Aug 30, 2025
Board Meeting Intimation for Board Meeting To Be Held On 30/08/2025Aug 26, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 12, 2025
Results-Financial Results For June 30 2025Aug 11, 2025
Board Meeting Outcome for Board Meeting Held On 11/08/2025Aug 11, 2025
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationAug 06, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportAug 06, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotAug 06, 2025
Board Meeting Intimation for Board Meeting To Be Held On 11/08/2025Aug 06, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 08, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotJul 07, 2025
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationJul 04, 2025
Board Meeting Outcome for Board Meeting Held On 04/07/2025Jul 04, 2025
Board Meeting Intimation for Board Meeting To Be Held On 04/07/2025Jun 30, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateJun 26, 2025
Announcement Under Reg 30 (LODR)-Approval Of Remuneration Of Mr. Ashok Shah MD For Remaining 2 Years Of His Tenure I.E. 02/07/2025 To 01/07/2027Jun 26, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJun 26, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJun 26, 2025
Closure of Trading WindowJun 24, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 30, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 28, 2025
Results-Financial Results For March 31 2025May 28, 2025
Board Meeting Outcome for Board Meeting Held On 28/05/2025May 28, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotMay 27, 2025
Approval Of Remuneration Of Mr. Ashok Shah MD For Remaining 2 Years Of His Tenure I.E. 02/07/2025 To 01/07/2027May 23, 2025
Appointment of Company Secretary and Compliance OfficerMay 23, 2025
Board Meeting Outcome for Board Meeting Held On 23/05/2025May 23, 2025
Board Meeting Intimation for Board Meeting To Be Held On 28/05/2025May 23, 2025
Board Meeting Intimation for Board Meeting To Be Held On 23/05/2025May 20, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateMay 14, 2025
Board Meeting Outcome for Board Meeting Held On 14/05/2025May 14, 2025
Board Meeting Intimation for Board Meeting To Be Held On 14/05/2025May 08, 2025
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerApr 29, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementApr 01, 2025
Board Meeting Outcome for Outcome Of Board MeetingApr 01, 2025
Closure of Trading WindowMar 26, 2025
Board Meeting Outcome for Board Meeting Outcome For Board Meeting For Outcome Of Separate Meeting Of The Independent Directors Of The Company Mar 13, 2025
Board Meeting Intimation for Separate Meeting Of Independent DirectorsMar 08, 2025
Announcement under Regulation 30 (LODR)-Resignation of DirectorFeb 15, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 14, 2025

Technical Indicators

RSI(14)
Neutral
58.10
ATR(14)
Less Volatile
0.83
STOCH(9,6)
Neutral
46.31
STOCH RSI(14)
Neutral
54.58
MACD(12,26)
Bullish
0.20
ADX(14)
Strong Trend
31.60
UO(9)
Bearish
37.76
ROC(12)
Uptrend And Accelerating
8.26
WillR(14)
Neutral
-64.90