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Ashoka Metcast Ltd (ASHOKAMET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540923 NSE: ASHOKAMET Trading | Small Cap | Ashoka Metcast Share Price

₹17.11 2.85 (19.99%)

As on 11-Sep'26 15:15

Ashoka Metcast Ltd (ASHOKAMET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540923 NSE: ASHOKAMET Trading | Small Cap | Ashoka Metcast Share Price

₹17.11 2.85 (19.99%)

As on 11-Sep'26 15:15

Key Metrics
Valuation Multiples
Market Cap
₹36 Cr.
Current Price
₹17.1
52-Week Low / High
₹12 / 21
TTM EPS
₹5.2
TTM Sales
₹26.3 Cr.
Book Value per Share
₹49.6
P/E Ratio
2.76
Lower than its 5-year historical median
Industry PE
40.5
Price to Book (P/B)
0.29
Lower than its 5-year historical median
Price to Sales (P/S)
1.35
Lower than its 5-year historical median
EV/EBITDA
5.02
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
9.36%
Outperforms industry median
Return on Capital Employed (ROCE)
10.02%
Outperforms industry median
Return on Assets (ROA)
6.15%
Operating Profit Margin
23.6%
Net Profit Margin
38.98%
Gross Profit Margin
53%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
81.11%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
72.8%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
96.72%
Asset Quality
Promoter Holding
53.65%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹100 Cr.
Equity
₹25 Cr.
Face Value
₹10
All Time Low / High
₹1.64 / 35.71

Ashoka Metcast stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Ashoka Metcast Ltd a good quality company?
Ashoka Metcast Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ashoka Metcast Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ashoka Metcast Ltd vs industry peers?
Ashoka Metcast Ltd revenue CAGR is 8.08%, compared to the industry median CAGR of 0.9%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Ashoka Metcast Ltd?
Promoters hold 53.65% of the Ashoka Metcast Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ashoka Metcast Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 23.88% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ashoka Metcast Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 23.8%-0.4%-0.3%-0.2%-0%-0.3%0.3%3.5%7.2%1.4%-
Value Creation
Index
0.7-1.0-1.0-1.0-1.0-1.0-1.0-0.8-0.5-0.9-

Growth Parameters

Sales 0.119.2022.202.71.51.83.34
Sales YoY Gr.-19,070%-100%NA11.6%-100%NA-44.8%21.6%81.1%-
Adj EPS 10.7-0-0.1-0-0-0.2000.2-00.1
YoY Gr.--100.3%NANANANANA-100%NA-104.8%-
BVPS (₹) 1319.919.819.819.71614.214.615.415.615.7
Adj Net
Profit
0-0-0.1-0-0-0.30.100.5-00
Cash Flow from Ops. -7.7-15.6-0.41.8-0.41.60.1-1.7-0.30.5-
Debt/CF from Ops. 0-0.2-6.20.10200029.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 47.3%8.1%6.8%81.1%
Adj EPS -146.1%NA-163%-104.8%
BVPS2.1%-4.5%3.2%1.5%
Share Price - 28.5% -4.6% 3.3%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
139.3-0.3-0.4-0.2-0-1.10.301.4-0.10.5
Op. Profit
Mgn %
14.7-0.20-0.71.20-3.5-1.5-15.3-9.9-3.8
Net Profit
Mgn %
10.8-0.20-1.6-0.203.40.628.6-15.7
Debt to
Equity
00.10.1000.10000.4-
Working Cap
Days
38,09316302,9961,79602,7604,2483,1483,100277
Cash Conv.
Cycle
1097409075570163450573318-568

Valuation of Ashoka Metcast - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales19.17021.9954.3067.0350.4466.2538.9627.70
Operating Expenses + 19.280.3321.3952.6862.6645.9859.2235.2121.22
Manufacturing Costs00.012.554.662.791.143.341.632.77
Material Costs19.02017.3845.2857.9742.7853.3831.3616.05
Employee Cost 0.050.070.561.171.111.501.111.161.25
Other Costs 0.210.250.891.570.790.561.401.071.15
Operating Profit -0.10-0.330.601.614.374.467.033.756.48
Operating Profit Margin (%) -0.5%-2.7%3.0%6.5%8.8%10.6%9.6%23.4%
Other Income + 0.010.280.080.040.310.751.754.589.62
Exceptional Items -0.2500000000
Interest 000.300.981.270.721.551.561.42
Depreciation 00.040.270.500.640.430.740.660.84
Profit Before Tax -0.35-0.080.100.172.774.066.496.1113.84
Tax -0.0100.030.050.530.981.700.623.04
Profit After Tax -0.34-0.090.070.132.243.094.795.4910.80
PAT Margin (%) -1.8%-0.3%0.2%3.4%6.1%7.2%14.1%39.0%
Adjusted EPS (₹)-0.3-0.20.00.11.21.31.92.96.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 21.1420.9520.3520.4735.04101.49104.56111.42121.97
Share Capital 10.7110.7110.7110.7117.5425252525
Reserves 10.4310.249.649.7617.5076.4979.5686.4296.98
Debt +5.544.8114.6022.8420.3914.9515.7914.9357.73
Long Term Debt04.816.0712.768.263.261.247.4842.94
Short Term Debt5.5408.5210.0812.1411.6914.557.4514.79
Minority Interest00002.65.016.737.2111.79
Trade Payables004.8645.285.914.635.036.81
Others Liabilities 2.892.923.983.6910.865.606.194.2410.05
Total Liabilities 29.5828.6843.785174.18132.96137.90142.84208.35

Fixed Assets

Net Fixed Assets +4.985.1211.5411.258.498.7317.0116.5616.16
Gross Block55.1811.8712.079.8210.5219.3219.4919.71
Accumulated Depreciation0.020.060.330.831.321.792.312.923.55
CWIP 0.325.10000001.505.73
Investments 12.695.495.445.474.864.5510.3711.1210.35
Inventories008.4711.5824.2031.8734.3439.8950.98
Trade Receivables7.705.7511.8317.1323.5928.6426.2826.1327.64
Cash Equivalents 0.380.780.260.210.211.381.510.801.79
Others Assets 3.506.446.245.3712.8357.8048.3946.8495.71
Total Assets 29.5828.6843.785174.18132.96137.90142.84208.35
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 0-2.26-10.05-7.84-14.58-46.3315.90-6.27-17.18
PBT 0-0.080.100.172.124.206.497.9613.84
Adjustment 0-0.040.480.770.330.290.96-0.52-7.06
Changes in Working Capital 0-2.13-10.62-8.79-17.03-50.829.97-12.82-20.69
Tax Paid 000000-1.52-0.89-3.27
Cash Flow From Investing Activity + 03.27-0.25-0.45-3.64-5.41-13.320.261.47
Capex 02.37-1.60-0.21-0.10-0.73-8.80-1.67-4.45
Net Investments 00002.960.31-4.52-0.755.10
Others 00.901.34-0.24-6.50-4.9902.680.81
Cash Flow From Financing Activity + 0-0.629.798.2518.2152.91-2.455.3016.71
Net Proceeds from Shares 00006.8357.64000
Net Proceeds from Borrowing 001.276.690006.2535.46
Interest Paid 000000-1.53-1.56-1.42
Dividend Paid 000000000
Others 0-0.628.521.5511.38-4.73-0.930.61-17.33
Net Cash Flow 00.39-0.51-0.05-01.170.13-0.710.99
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-1.65-0.430.370.668.244.554.695.139.36
ROCE (%)-1.33-0.321.352.987.765.386.786.2310.02
Asset Turnover Ratio0.6500.611.151.070.490.490.280.16
PAT to CFO Conversion(x)N/AN/A-143.57-60.31-6.51-14.993.32-1.14-1.59
Working Capital Days
Receivable Days146.500145.9097.30110.90189151.30245.50354.20
Inventory Days00140.7067.4097.40202.90182.40347.70598.60
Payable Days005135.7029.2047.703656.30134.70

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Ashoka Metcast Ltd FAQs

The current trading price of Ashoka Metcast on 11-Sep-2026 15:15 is ₹17.11.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Ashoka Metcast stood at ₹35.64 Cr

The latest P/E ratio of Ashoka Metcast as of 10-Sep-2026 is 168.9.

The latest P/B ratio of Ashoka Metcast as of 10-Sep-2026 is 0.91.

The 52-week high of Ashoka Metcast is ₹21.11 and the 52-week low is ₹11.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ashoka Metcast is ₹3.53 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ashoka Metcast Ltd is a below average quality company.

The key valuation ratios of Ashoka Metcast Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ashoka Metcast Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Ashoka Metcast Ltd

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