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A-One Steels India Ltd (AONESTEELS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544952 NSE: AONESTEELS Steel & Iron Products | | A-One Steels India Share Price

₹417 -45.00 (0.00%)

As on 01-Oct'26 16:59

A-One Steels India Ltd (AONESTEELS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544952 NSE: AONESTEELS Steel & Iron Products | | A-One Steels India Share Price

₹417 -45.00 (0.00%)

As on 01-Oct'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,221 Cr.
Current Price
₹417
52-Week Low / High
₹393 / 469
TTM EPS
₹16.4
TTM Sales
₹4,149 Cr.
Book Value per Share
₹154.4
P/E Ratio
25.46
Industry PE
24.2
Price to Book (P/B)
2.70
Price to Sales (P/S)
0.78
EV/EBITDA
12.21
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
16.65%
Outperforms industry median
Return on Capital Employed (ROCE)
15.76%
Outperforms industry median
Return on Assets (ROA)
4.29%
Operating Profit Margin
7%
Net Profit Margin
3.07%
Gross Profit Margin
5.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
23.33%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
66.15%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
1552.53%
Asset Quality
Promoter Holding
74.51%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,115 Cr.
Equity
₹77.2 Cr.
Face Value
₹10
All Time Low / High
- / -

A-One Steels India stock performance

Key Ratios
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Check Before You Invest

Valuation

NA

Price Trend

Weak
Q.1 Is A-One Steels India Ltd a good quality company?
A-One Steels India 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 A-One Steels India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of A-One Steels India Ltd vs industry peers?
A-One Steels India Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of A-One Steels India Ltd?
Promoters hold 74.51% of the A-One Steels India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of A-One Steels India Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% 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.
A-One Steels India 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'22Mar'23Mar'24TTM
ROCE % ⓘ26%20.7%9.8%-
Value Creation
Index ⓘ
0.90.5-0.3-

Growth Parameters ⓘ

Sales ⓘ2,3512,8303,4903,490
Sales YoY Gr.-20.3%23.3%-
Adj EPS ⓘ15.715.13.53.4
YoY Gr.--4%-77%-
BVPS (₹) ⓘ40.35660.50
Adj Net
Profit ⓘ
71.688.420.426
Cash Flow from Ops. ⓘ-26.1-315202-
Debt/CF from Ops. ⓘ-11.3-2.74.2-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA23.3%
Adj EPS ⓘNANANA-77%
BVPSⓘNANANA8%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24TTM
Return on
Equity % ⓘ
3934.6611.2
Op. Profit
Mgn % ⓘ
5.86.73.6NAN
Net Profit
Mgn % ⓘ
33.10.60.8
Debt to
Equity ⓘ
1.62.62.4-
Working Cap
Days ⓘ
01061290
Cash Conv.
Cycle ⓘ
055630

Valuation of A-One Steels India - 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 *0.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Sales2,7573,1643,8343,5424,149
Operating Expenses ⓘ + 2,5772,9463,6643,3703,864
Manufacturing Costs155161218251303
Material Costs2,3542,6993,3022,9723,410
Employee Cost 2431414953
Other Costs ⓘ 44551029898
Operating Profit ⓘ 180218170171285
Operating Profit Margin (%) 6.5%6.9%4.4%4.8%6.9%
Other Income ⓘ + 521282853
Exceptional Items ⓘ 000-41
Interest ⓘ 317197113109
Depreciation ⓘ 1933435663
Profit Before Tax ⓘ 1351355826167
Tax ⓘ 3437191840
Profit After Tax 10198398127
PAT Margin (%) 3.7%3.1%1.0%0.2%3.1%
Adjusted EPS (₹)17.216.76.61.218.5
Dividend Payout Ratio (%)0%0%0%0%0%
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 283381440695839
Share Capital ⓘ 16.7416.7416.7468.4768.47
Reserves ⓘ 266364423627771
Debt +4281,071966880917
Long Term Debt112237251283336
Short Term Debt316835716597581
Minority Interest0052324
Trade Payables169196552709904
Others Liabilities ⓘ 228325433446506
Total Liabilities ⓘ 1,1081,9742,3962,7533,190

Fixed Assets

Net Fixed Assets ⓘ +304452540622680
Gross Block342522653783901
Accumulated Depreciation3870114160221
CWIP ⓘ 10478712265
Investments ⓘ 1550627879
Inventories294544561798899
Trade Receivables225321484438664
Cash Equivalents 60135127103100
Others Assets ⓘ 200426535593702
Total Assets ⓘ 1,1081,9742,3962,7533,190
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -52-32032510963
PBT ⓘ 1351355826167
Adjustment ⓘ 49101125152128
Changes in Working Capital ⓘ -216-527162-60-209
Tax Paid ⓘ -19-28-20-9-24
Cash Flow From Investing Activity ⓘ + -109-247-191-192-10
Capex -91-170-161-155-65
Net Investments -19-80-31236
Others ⓘ 130-4019
Cash Flow From Financing Activity ⓘ + 169597-15645-39
Net Proceeds from Shares ⓘ 00252470
Net Proceeds from Borrowing ⓘ 00000
Interest Paid ⓘ -28-66-88-93-83
Dividend Paid ⓘ 00-000
Others ⓘ 197663-93-10944
Net Cash Flow ⓘ 830-22-3814
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)35.8429.639.531.3616.65
ROCE (%)22.318.3110.428.8615.76
Asset Turnover Ratio2.492.051.751.381.4
PAT to CFO Conversion(x)-0.51-3.278.3313.630.5
Working Capital Days
Receivable Days29.8031.5038.3047.5048.50
Inventory Days38.9048.3052.607074.70
Payable Days26.3024.7041.4077.4086.30

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A-One Steels India Ltd FAQs

The current trading price of A-One Steels India on 01-Oct-2026 16:59 is ₹417.0.

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 30-Sep-2026 the market cap of A-One Steels India stood at ₹3,220.7 Cr

The latest P/E ratio of A-One Steels India as of 30-Sep-2026 is 123.0.

The latest P/B ratio of A-One Steels India as of 30-Sep-2026 is 0.00.

The 52-week high of A-One Steels India is ₹469.4 and the 52-week low is ₹393.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of A-One Steels India is ₹3,490 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that A-One Steels India Ltd is a below average quality company.

No data found

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

About A-One Steels India Ltd

A-One Steels India was incorporated as ‘A-One Steel and Alloys Private Limited’, a private limited company under the Companies Act, 1956 through a certificate of incorporation dated April 9, 2012 issued by the Registrar of Companies, Bangalore.

The company is a backward/vertically integrated steel manufacturer based in southern India, with a diversified product portfolio comprising long and flat steel products, as well as industrial products used in steel manufacturing. An integrated steel manufacturing setup allows a company to operate across the value chain, from raw material processing to steelmaking and downstream products. 

Its integrated manufacturing process extends from the manufacturing of direct reduced iron, commonly known as sponge iron, to the manufacturing of MS billets and their further conversion into finished steel products including, TMT bars, HR coils, CR coils, HR (MS) pipes, CR pipes and galvanized tubes and pipes. The Sponge iron, MS billets, HR coils and CR coils produced by it are primarily intended to be used for captive consumption in downstream manufacturing process; thereby supporting its integrated operations. Any production in excess of its captive requirements is sold in the open market. It also manufactures industrial products used in steel manufacturing, including met coke and ferro alloys such as silicon manganese and ferro silicon, which are sold in open market.

Its backward-integrated manufacturing operations enable it to exercise greater control over the availability and quality of intermediate products required for its downstream manufacturing processes and reduce its dependence on third-party suppliers. Its manufacturing processes also provide it with the flexibility to manufacture steel products across a range of formats, including various grades of TMT bars, specialised steel and alloy products, and tubes and pipes for varied applications.

Business area of the company

A-one Steels India is a backward-integrated steel manufacturer with a diversified product portfolio, offering both long and flat steel products, as well as industrial products used in steel manufacturing. The company manufactures HR and CR coils from MS billets, which are then converted into HR pipes, CR pipes, and galvanized tubes. It also produces TMT bars from MS billets in long steel products.  

Products of the company

  • MS billet
  • Sponge iron
  • Hot rolled coil
  • HR (MS) pipe
  • GP pipes
  • CR pipes
  • CR coil
  • Met coke
  • Ferro Alloys
  • Ferro Silicon
  • Silicon Manganese

Awards, accreditations or recognitions

  • 2018: Received an award for the ‘outstanding contribution to cordial industrial relations and labour welfare’ as the best owner award by the Government of Andhra Pradesh, Department of Labour.
  • 2019: Received an award for the ‘Most reliable TMT steel brand’ at the Times Business Awards 2019 by Optimal Media Solutions, a Times Group Company.
  • 2019: Received an award for the ‘Best Safety Involvement” at the 48th National Safety Day Celebrations by National Safety Council.
  • 2020: Received an award for the ‘Most popular TMT and Pipes Brand’ at the Times Business Awards 2020 by Optimal Media Solutions, a Times Group Company.
  • 2022: Received an award for the ‘Excellence in steel products manufacturing’ at the Business Leaders and Excellence Awards 2022 by News 18.
  • 2024: Received a certificate of appreciation for their license under ISO 1786:2008 ‘High strength deformed steel bars and wires for concrete reinforcement’ for having zero failure of samples in last three years and continuous efforts to maintain the quality of products at the BIS Foundation Day 2024 by Bureau of Indian Standards

History and milestones

  • 2012: Incorporation of its flagship Company “A-One Steel and Alloys Private Limited” which was renamed as “A-One Steels India Private Limited”, post-merger.
  • 2013: Started Gauribidanur Plant and commenced manufacturing of MS Billets with steel melting furnace.
  • 2014: Aaryan Hitech Steels India Private Limited (which merged with the Company) setup manufacturing of TMT bars at Gauribidanur Plant and subsequently it was leased to the company for manufacturing of TMT bars.
  • 2017: Started manufacturing of TMT bars by replacing structural steels at Hindupur facility.
  • 2017: Acquisition of 100% equity share capital of its subsidiary, Vanya Steels Private Limited pursuant to a share purchase agreement dated March 27, 2017.
  • 2017: Acquired the manufacturing unit at Bellary, Karnataka on lease basis from Basai Steels and Power Private Limited, installed with sponge iron and MS billet production line.
  • 2018: Started manufacturing of HR Coil and MS pipe at Bellary Facility I.
  • 2018: Started procuring green power through captive wind and solar power arrangement.
  • 2017: Started manufacturing of TMT bars by replacing structural steels at Hindupur facility.
  • 2018: Acquired sponge iron plant from Trivista Steels Private Limited at Koppal facility.
  • 2020: Incorporated A-One Gold Steels India Private Limited and A-One Gold Pipes and Tubes Private Limited as wholly owned subsidiaries of the Company and commenced manufacturing of GP coil and pipes.
  • 2022: Leased a manufacturing plant at Chikkantapur for manufacturing of ferro alloys and metcoke.
  • 2024: Conversion of the company to a public limited company.
  • 2024: Acquisition of 70% shareholding in Basai Steels & Power Private Limited.
  • 2025: Started WHRB power plant at Koppal Facility.

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