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Ashiana Ispat Ltd
513401 BSE
Ashiana Ispat Ltd
Industrials BSE: 513401 Industrial Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹14.34 Cr
P/E Ratio
0.46
EBITDA
₹-8.30 Cr
Return on Equity
587.25%
Debt to Equity
1.61
Book Value
₹-9.98
52W High
₹30.05
52W Low
₹16.51
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
6- Company has reduced debt.
- Stock is trading at 0.62 times its book value
- Company has delivered good profit growth of 100% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 46.2%
- Debtor days have improved from 66.4 to 33.0 days.
- Promoter holding has increased by 3.17% over last quarter.
Weaknesses
2- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.30.8 Cr.
Growth Rate
Revenue Growth
-55.01% ↘
Net Income Growth
-3213.33% ↘
Cash Flow Change
880.00% ↗
ROE
15353.95% ↗
ROCE
3135.66% ↗
EBITDA Margin (Avg.)
-242.36% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 143 | 59.29 | 96.64 | 76.66 | 90 | 109 | 32.22 | 0.01 | 0.51 | 87.21 | 408 | 613 | 808 |
| Expenses | 142 | 56.88 | 93.38 | 72.98 | 88.3 | 103 | 34.82 | 1.24 | 15.48 | 87.44 | 407 | 610 | 807 |
| Operating Profit | 1.42 | 2.41 | 3.26 | 3.68 | 1.7 | 6.08 | -2.6 | -1.23 | -14.97 | -0.23 | 1.79 | 2.68 | 0.52 |
| OPM % | 0.99% | 4.06% | 3.37% | 4.8% | 1.89% | 5.59% | -8.07% | -12300% | -2935.29% | -0.26% | 0.44% | 0.44% | 0.06% |
| Other Income | 0.94 | 0 | 0.01 | 0.01 | 1.86 | 0.03 | 0.02 | 0 | -30.5 | 0.01 | -1.36 | 35.49 | -3.3 |
| Interest | 1.7 | 2.26 | 1.82 | 2.29 | 2.65 | 2.39 | 1.79 | 1.69 | 0.33 | 0.26 | 0.22 | 0.35 | 1.02 |
| Depreciation | 0.54 | 0.5 | 0.48 | 0.47 | 0.47 | 0.44 | 0.45 | 0.45 | 0.42 | 0.03 | 0.03 | 0.01 | 0.01 |
| PBT | 0.12 | -0.35 | 0.97 | 0.93 | 0.44 | 3.28 | -4.82 | -3.37 | -46.22 | -0.51 | 0.18 | 37.81 | -3.81 |
| Tax % | 25% | 25.71% | 11.34% | 30.11% | 9.09% | 3.05% | 1.45% | 2.08% | -10.15% | -31.37% | -94.44% | -0.03% | 93.44% |
| Net Profit | 0.09 | -0.44 | 0.86 | 0.65 | 0.39 | 3.17 | -4.89 | -3.44 | -41.53 | -0.35 | 0.34 | 37.82 | -7.38 |
| EPS in Rs | 0.11 | -0.55 | 1.08 | 0.82 | 0.49 | 3.98 | -6.14 | -4.32 | -52.14 | -0.44 | 0.43 | 47.48 | -9.27 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 268 | 192 | 203 | 295 | 441 | 310 | 295 | 439 | 465 | 322 | 142 | 1,916 |
| Expenses | 260 | 191 | 199 | 283 | 429 | 314 | 286 | 428 | 453 | 312 | 154 | 1,911 |
| Operating Profit | 8 | 1 | 4 | 12 | 11 | -5 | 9 | 10 | 12 | 10 | -13 | 5 |
| OPM % | 3% | 1% | 2% | 4% | 3% | -2% | 3% | 2% | 3% | 3% | -9% | 0% |
| Other Income | 2 | 6 | 5 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | -30 | 31 |
| Interest | 6 | 5 | 4 | 5 | 5 | 6 | 6 | 7 | 7 | 9 | 6 | 2 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 0 |
| PBT | 3 | 1 | 4 | 5 | 6 | -12 | 1 | 2 | 3 | 2 | -51 | 34 |
| Tax % | 32% | 26% | 30% | 35% | 26% | -1% | 19% | 35% | 13% | 26% | -9% | 10% |
| Net Profit | 2 | 1 | 3 | 4 | 4 | -12 | 1 | 1 | 3 | 1 | -47 | 30 |
| EPS in Rs | 4.46 | 1.46 | 6.92 | 4.42 | 5.36 | -14.71 | 1.44 | 1.27 | 3.77 | 1.85 | -58.62 | 38.21 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 18 | 19 | 22 | 31 | 36 | 24 | 25 | 26 | 29 | 31 | -16 | 15 |
| Borrowings | 63 | 56 | 46 | 43 | 66 | 79 | 86 | 85 | 91 | 101 | 91 | 37 |
| Other Liabilities | 25 | 22 | 17 | 21 | 36 | 26 | 31 | 35 | 42 | 33 | 29 | 178 |
| Total Liabilities | 110 | 101 | 89 | 104 | 145 | 137 | 150 | 155 | 171 | 173 | 112 | 237 |
| Fixed Assets | 9 | 9 | 9 | 12 | 13 | 11 | 10 | 36 | 32 | 29 | 9 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 12 | 21 | 25 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 100 | 91 | 80 | 92 | 121 | 105 | 114 | 118 | 139 | 144 | 103 | 237 |
| Total Assets | 110 | 101 | 89 | 104 | 145 | 137 | 150 | 155 | 171 | 173 | 112 | 237 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -11 | 8 | 13 | 2 | -4 | 2 | 8 | 11 | -2 | -2 | 12 | 18 |
| Investing | 0 | -1 | 0 | -4 | -14 | -9 | -4 | -3 | 3 | 1 | 1 | 37 |
| Financing | 14 | -12 | -14 | 2 | 18 | 7 | -3 | -8 | -1 | 1 | -14 | -54 |
| Net Cash Flow | 3 | -5 | -1 | 0 | 1 | -1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -12 | 7 | 11 | -2 | -18 | -7 | 3 | 8 | 1 | 0 | 12 | 61 |
| CFO/OP | -132 | 564 | 298 | 20 | -32 | -35 | 88 | 101 | -15 | -16 | -98 | 408 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84 | 102 | 79 | 72 | 63 | 91 | 104 | 66 | 58 | 71 | 96 | 33 |
| Inventory Days | 28 | 61 | 53 | 43 | 34 | 21 | 28 | 24 | 30 | 58 | 73 | 3 |
| Days Payable | 28 | 31 | 13 | 19 | 30 | 30 | 38 | 28 | 31 | 33 | 51 | 32 |
| Cash Conversion Cycle | 85 | 132 | 119 | 96 | 66 | 82 | 95 | 62 | 57 | 95 | 117 | 4 |
| Working Capital Days | 58 | 61 | 68 | 86 | 27 | 26 | 32 | 24 | 30 | 34 | -41 | 2 |
| ROCE % | 12% | 7% | 10% | 14% | 11% | -5% | 7% | 7% | 8% | 7% | -9% | 64% |
Documents
1
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Confirmation certificate received from MUFG Intime India Private Limited, RTA of the Company. 9 Apr - Confirmation certificate received from MUFG Intime India Private Limited, RTA of the Company.
5
Reason For Non Submission Of Financial Results For Quarter And Financial Year Ended On March 31 2026 30 May 2026
General_Announcements
Frequently Asked Questions about Ashiana Ispat Ltd
What does Ashiana Ispat Ltd do?
Incorporated in 1992, Ashiana Ispat Ltd is in the business of manufacturing TMT Bars.[1]
Where is Ashiana Ispat Ltd (513401) listed?
Ashiana Ispat Ltd is listed on the Indian stock exchanges. It is listed on BSE: 513401. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Ashiana Ispat Ltd belong to?
Ashiana Ispat Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Ashiana Ispat Ltd?
Ashiana Ispat Ltd has a market capitalisation of approximately ₹14.34 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Ashiana Ispat Ltd?
The Price-to-Earnings (PE) ratio of Ashiana Ispat Ltd is 0.46. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Ashiana Ispat Ltd?
Over the past 52 weeks, Ashiana Ispat Ltd has traded between a low of ₹16.51 and a high of ₹30.05. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Ashiana Ispat Ltd?
Ashiana Ispat Ltd has a Return on Equity (ROE) of 587.25%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Ashiana Ispat Ltd on Tapetide?
On Tapetide, you can view Ashiana Ispat Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1992, Ashiana Ispat Ltd is in the business of manufacturing TMT Bars.[1]