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Ahmedabad Steelcraft Ltd (522273)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522273 NSE: Steel & Iron Products | Small Cap | Ahmd.Steelcraft Share Price

₹210.85 10.00 (4.98%)

As on 03-Jul'26 16:59

Ahmedabad Steelcraft Ltd (522273)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522273 NSE: Steel & Iron Products | Small Cap | Ahmd.Steelcraft Share Price

₹210.85 10.00 (4.98%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹318 Cr.
Current Price
₹210.9
52-Week Low / High
₹84 / 258
TTM EPS
₹12.4
TTM Sales
₹221 Cr.
Book Value per Share
₹97.2
P/E Ratio
17.07
Higher than its 3-year historical median
Industry PE
24.4
Price to Book (P/B)
2.17
Higher than its 5-year historical median
Price to Sales (P/S)
1.44
Lower than its 5-year historical median
EV/EBITDA
12.62
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
22.09%
Outperforms industry median
Return on Capital Employed (ROCE)
22.05%
Outperforms industry median
Return on Assets (ROA)
14.44%
Operating Profit Margin
7%
Net Profit Margin
6.23%
Gross Profit Margin
7.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
22222.08%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
71.42%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹132 Cr.
Equity
₹15.1 Cr.
Face Value
₹10
All Time Low / High
₹2.05 / 391.00

Ahmedabad Steelcraft stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Ahmedabad Steelcraft Ltd a good quality company?
Ahmedabad Steelcraft Ltd is a weak quality company, based on a inconsistent 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 Ahmedabad Steelcraft Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ahmedabad Steelcraft Ltd vs industry peers?
Ahmedabad Steelcraft Ltd revenue CAGR is 89.36%, compared to the industry median CAGR of 7.56%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Ahmedabad Steelcraft Ltd?
Promoters hold 71.42% of the Ahmedabad Steelcraft Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ahmedabad Steelcraft Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 25.1% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Ahmedabad Steelcraft 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.3%0.2%1%4.9%-2.7%-1.2%-2.1%-2.4%-10.7%22.1%-
Value Creation
Index
-0.8-1.0-0.9-0.7-1.2-1.1-1.2-1.2-1.80.6-

Growth Parameters

Sales 3.24.28.710.37.11.90.72.20.8172221
Sales YoY Gr.-31%108.1%18.3%-31.4%-72.5%-64.4%220.3%-65.2%22,222.1%-
Adj EPS 2-0.20.83.4-2.1-0.5-1.5-1.5-8.111.112.4
YoY Gr.--108.3%NA309.5%-159.9%NANANANANA-
BVPS (₹) 61.962.762.76560.762.562.26156.576.597.2
Adj Net
Profit
0.8-0.10.31.4-0.8-0.2-0.6-0.6-3.310.719
Cash Flow from Ops. -2.50.5-3.2-1.4-1.7-0.6-1.1-1.9-0.7-76.7-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 55.7%89.4%529.2%22222.1%
Adj EPS 20.7%NANANA
BVPS2.4%4.8%7.2%35.5%
Share Price 27.7% 66.3% 120.9% -9.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
3.3-0.31.35.4-3.3-0.8-2.4-2.4-13.818.914.2
Op. Profit
Mgn %
-27.5-28.8-9.4-8.6-21.1-60.3-171.5-56.7-615.3711.5
Net Profit
Mgn %
26.1-1.7413.7-11.9-10.1-87.1-27.8-431.66.28.4
Debt to
Equity
00000000000
Working Cap
Days
4693712042403391,2023,2161,0022,164134157
Cash Conv.
Cycle
50706575983257292724719297

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3491072121172
Operating Expenses + 45101193245160
Manufacturing Costs0000000000
Material Costs238962021157
Employee Cost 0000000000
Other Costs 1222211142
Operating Profit -1-1-1-1-2-1-1-1-512
Operating Profit Margin (%) -27.5%-28.8%-11.7%-10.9%-22.4%-62.6%-171.0%-59.5%-615.0%7.0%
Other Income + 2113111120
Exceptional Items 0000000000
Interest 0000000000
Depreciation 0000000000
Profit Before Tax 1001-1-0-1-1-312
Tax -00000-000-02
Profit After Tax 1-001-1-0-1-1-211
PAT Margin (%) 26.4%-0.3%2.4%12.1%-12.9%-11.7%-87.0%-29.8%-298.0%6.2%
Adjusted EPS (₹)2.1-0.00.53.0-2.2-0.6-1.5-1.6-5.611.1
Dividend Payout Ratio (%)36.50%-1,650.20%100.30%16.50%0%0%0%0%0%0%

Valuation of Ahmd.Steelcraft - Standalone

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!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 25262627252625252374
Share Capital 44444444410
Reserves 21222222212121211964
Debt +0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables00000000033
Others Liabilities 10101111018
Total Liabilities 262627272626262623125

Fixed Assets

Net Fixed Assets +2222444400
Gross Block2222555500
Accumulated Depreciation1011111100
CWIP 0000000000
Investments 1819171613151514160
Inventories0000000000
Trade Receivables112222120122
Cash Equivalents 1222202251
Others Assets 4345454421
Total Assets 262627272626262623125

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -31-3-1-2-1-1-2-1-77
PBT 1001-1-0-1-1-312
Adjustment -2-1-1-2-1-1-1-01-0
Changes in Working Capital -21-2-0-000-11-87
Tax Paid -000000000-2
Cash Flow From Investing Activity + 10321112418
Capex -0-0-0-0-3-0005-0
Net Investments -0-1211-0-11-218
Others 2112312110
Cash Flow From Financing Activity + -0-0-0-0-0-00-0-056
Net Proceeds from Shares 00000000040
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-0-0-0-0-0-0-0
Dividend Paid 0-0-0-0-000000
Others 0-0-0-0-0000016
Net Cash Flow -1001-1-0-0-03-3

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.36-0.050.84.76-3.53-0.9-2.35-2.61-9.5122.09
ROCE (%)3.260.150.984.91-2.67-1.24-2.09-2.43-10.722.05
Asset Turnover Ratio0.120.160.330.380.270.070.030.080.032.32
PAT to CFO Conversion(x)-3N/AN/A-1N/AN/AN/AN/AN/A-7
Working Capital Days
Receivable Days129.7080.7063.2075.40108355.70764.10300.800260.10
Inventory Days6.304.904.9000.1000000
Payable Days31.6022.804.404.3013.4056.5021552.50242.9038.20

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ahmedabad Steelcraft Ltd FAQs

The current trading price of Ahmd.Steelcraft on 03-Jul-2026 16:59 is ₹210.8.

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 02-Jul-2026 the market cap of Ahmd.Steelcraft stood at ₹318.2 Cr

The latest P/E ratio of Ahmd.Steelcraft as of 02-Jul-2026 is 17.07.

The latest P/B ratio of Ahmd.Steelcraft as of 02-Jul-2026 is 2.17.

The 52-week high of Ahmd.Steelcraft is ₹257.6 and the 52-week low is ₹84.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ahmd.Steelcraft is ₹221 ( Cr.) .

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

The key valuation ratios of Ahmedabad Steelcraft Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

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

About Ahmedabad Steelcraft Ltd

Ahmedabad Steelcraft, incorporated in 1942, is a pioneer in the manufacturing of component parts of MS steel windows, doors and ventilator fabricated frames. It has a variety of sections to offer and can meet almost any requirement of the clients.

Over 50 types of sections are manufactured at company’s modern, well-equipped and sophisticated plant in Ahmedabad, manned by highly competent and technically qualified personnel. The company is situated in Odhav industrial area in the city of Ahmedabad, the largest city in the state of Gujarat.

In recognition of it’s outstanding export performance the Engineering Export Promotion Council of India (promoted by Government of India, Ministry of Commerce) awarded the EEPC Export Award to company for number of years. 

The company exports sections to fabricators, contractors, builders, engineers for fabricating them into steel doors, windows and ventilators in the US, Canada, UK, Europe, Australia, New Zealand, South East Asia, Caribbean countries, Mauritius, Israel and Guyana.

Ahmedabad Steelcraft can manufacture any shape and profile -- both hot processed and bright bar drawn for engineering technologies like automobiles, railways, textile machinery parts, etc. These parts are developed as per specific orders.

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