Is Ashirwad Steels & Industries Ltd (526847) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ashirwad Steels & Industries Ltd is a below average quality company .

Is Ashirwad Steels & Industries Ltd (526847) undervalued or overvalued?

The key valuation ratios of Ashirwad Steels & Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Ashirwad Steels & Industries Ltd (526847) share price return in the past 10 years?

Ashirwad Steels & Industries Ltd share price has appreciated 17.3% annually (CAGR) over the past ten years.

Is Ashirwad Steels & Industries Ltd (526847) a good buy now?

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

What is the share price of Ashirwad Steels & Industries Ltd (526847)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ashirwad Steels & Industries Ltd (526847) on 17-Apr-2026 16:59:59 at 16:59 is 24.54.

What is the P/E ratio of Ashirwad Steels & Industries?

The latest standalone P/E ratio of Ashirwad Steels & Industries as of 17-Apr-2026 is 13.50.

What is the P/B ratio of Ashirwad Steels & Industries Ltd (526847)?

The latest standalone P/B ratio of Ashirwad Steels & Industries Ltd (526847) as of 17-Apr-2026 is 0.36.

What is the 52-week high and low of Ashirwad Steels & Industries Ltd (526847)?

The 52-week high of Ashirwad Steels & Industries Ltd (526847) is Rs. 37.20 and the 52-week low is Rs. 17.00.

Ashirwad Steels & Industries Ltd (526847) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Ashirwad Steels & Industries Ltd (526847)
Brand: Ashirwad Steels & Industries

Ashirwad Steels & Industries Ltd (526847) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Ashirwad Steels & Industries Ltd (526847)

BSE: 526847 NSE:

Key Metrics

Market Cap

₹31 Cr.

P/E Ratio

13.50

Price to Book (P/B)

0.36

Price to Sales (P/S)

13.59

EV/EBITDA

9.28

Return on Capital Employed (ROCE)

3.82%

Current Price

₹24.5

Return on Equity (ROE)

2.80%

Return on Assets (ROA)

2.78%

Operating Profit Margin

41.6%

Net Profit Margin

127.27%

Gross Profit Margin

176%

Book Value per Share

₹68

Sales Growth (YoY)

13.21%

Sales Growth (3 Years)

-17.96%

Operating Profit Growth (1 Year)

39.22%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

1.77%

52-Week Low / High

₹17 / 37

Net Profit Growth (3 Years)

-20.77%

Dividend Yield

0.00%

Promoter Holding

69.06%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Ashirwad Steels & Industries Ltd?

Ashirwad Steels & Industries Ltd revenue growth is 13.2% for FY-2025 , which is above its 5 year CAGR of -26.1% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of Ashirwad Steels & Industries Ltd?

Promoters hold 69.06% of the Ashirwad Steels & Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Ashirwad Steels & Industries Ltd vs industry peers?

Ashirwad Steels & Industries Ltd revenue CAGR is -26.12% , compared to the industry median CAGR of 7.41% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Ashirwad Steels & Industries Ltd belong to?

Ashirwad Steels & Industries Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.

Q.1 Stock return of Ashirwad Steels & Industries Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 17.4% based on the current price.

DeciZen - make an informed investing decision on Ashirwad Steels &Ind

Based on:

Data

M-Cap below 100cr DeciZen not available

Ashirwad Steels & Industries stock performance

Key Ratios

Is Ashirwad Steels & Industries Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0.3%	1.7%	1%	17%	-5.8%	-0.5%	8.5%	26.7%	4.1%	3.8%	-
Value Creation Index ⓘ	-1.0	-0.9	-0.9	0.2	-1.4	-1.0	-0.4	0.9	-0.7	-0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0.9	1.9	22.3	2.8	8.2	1.6	3.3	2.1	1.6	1.8	2
Sales YoY Gr.	-	112.6%	1,103.8%	-87.6%	196.4%	-80.7%	106.3%	-35%	-25%	13.2%	-
Adj EPS ⓘ	0.7	0.7	0.4	-1.1	-0.7	0.5	1.5	4.7	1.8	1.9	1.8
YoY Gr.	-	0%	-50.7%	-394.4%	NA	NA	224.4%	224.7%	-62%	3.3%	-
BVPS (₹) ⓘ	40.6	41.8	42.2	48.5	44.6	45.2	49.1	62.7	64.7	66.5	68
Adj Net Profit ⓘ	0.9	0.9	0.5	-1.3	-0.9	0.6	1.8	5.9	2.3	2.3	2
Cash Flow from Ops. ⓘ	-0.7	-1.5	-3.2	-8.7	3.7	-1	9.2	16.5	9.2	-4.6	-
Debt/CF from Ops. ⓘ	0	0	0	0	0.6	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.4%	-26.1%	-18%	13.2%
Adj EPS ⓘ	11%	NA	8.4%	3.3%
BVPSⓘ	5.6%	8.3%	10.7%	2.8%
Share Price	17.3%	14.3%	6.8%	-26.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	1.8	1.8	0.9	-2.3	-1.6	1	3.1	8.5	2.8	2.8	2.7
Op. Profit Mgn % ⓘ	-156.6	-23.8	-3	-167.2	-25.4	-118.2	15.8	45	32.4	41.7	38.8
Net Profit Mgn % ⓘ	104.4	49.3	2.1	-48	-11.1	35.6	56.2	279.2	142.3	128.8	100.7
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	10,131	5,229	491	4,880	1,790	9,552	5,318	9,850	12,476	9,461	1,366
Cash Conv. Cycle ⓘ	1,501	505	59	923	268	859	196	0	0	0	1,366

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	1.8	-
TTM Sales (₹ Cr.)	2.3	-
BVPS (₹) ⓘ	68	-
Reserves (₹ Cr.) ⓘ	72	-
P/BV ⓘ	0.36	-
PE ⓘ	13.50	-

From the Market
52 Week Low / High (₹)	17.00 / 37.20
All Time Low / High (₹)	1.00 / 67.65
Market Cap (₹ Cr.)	30.7
Equity (₹ Cr.)	12.5
Face Value (₹)	10
Industry PE ⓘ	26.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Ashirwad Steels &Ind - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	0.87	1.85	22.27	2.76	8.18	1.58	3.26	2.12	1.59	1.80
Operating Expenses ⓘ +	3.27	2.53	22.93	7.40	14.24	4.69	4.10	1.56	1.07	1.09
Manufacturing Costs	0.84	0.20	1.87	0.65	0.88	1.65	0.77	0	0.02	0.04
Material Costs	0.85	1.12	19.90	1.96	8.20	0.55	0	0	0	0
Employee Cost	0.25	0.59	0.53	0.62	0.53	0.34	0.33	0.43	0.32	0.24
Other Costs ⓘ	1.33	0.63	0.62	4.15	4.62	2.14	3.01	1.13	0.73	0.82
Operating Profit ⓘ	-2.40	-0.67	-0.66	-4.63	-6.06	-3.11	-0.85	0.56	0.51	0.71
Operating Profit Margin (%)	-275.0%	-36.4%	-3.0%	-167.0%	-74.1%	-197.0%	-26.0%	26.6%	32.4%	39.5%
Other Income ⓘ +	3.17	2.15	1.78	14.74	2.99	3.18	0.87	2.32	2.81	2.49
Exceptional Items ⓘ	0	0	0	0	0	0	5.31	15.88	0	0
Interest ⓘ	0.12	0.03	0.12	0.03	0.10	0.06	0.20	0.03	0.07	0.03
Depreciation ⓘ	0.63	0.63	0.62	0.46	0.36	0.36	0.35	0.08	0.08	0.08
Profit Before Tax ⓘ	0.03	0.82	0.39	9.61	-3.53	-0.35	4.78	18.66	3.19	3.10
Tax ⓘ	-0.15	0.06	-0.13	2.09	0.14	-0.03	0.16	1.89	0.93	0.80
Profit After Tax	0.18	0.76	0.52	7.52	-3.67	-0.31	4.62	16.77	2.26	2.30
PAT Margin (%)	20.9%	41.0%	2.3%	272.2%	-44.9%	-20.0%	141.9%	790.4%	142.3%	127.3%
Adjusted EPS (₹)	0.2	0.6	0.4	6.0	-2.9	-0.3	3.7	13.4	1.8	1.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	50.71	52.21	52.68	60.63	55.76	56.45	61.36	78.38	80.85	83.12
Share Capital ⓘ	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50
Reserves ⓘ	38.21	39.71	40.18	48.13	43.26	43.95	48.86	65.88	68.35	70.62
Debt +	0	0	0	0	1.99	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	1.99	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0	0.14	1.04	0.17	0.53	0	0	0	0	0
Others Liabilities ⓘ	2.23	1.49	1.93	3.53	3.04	0.76	0.44	1.65	0.67	0.61
Total Liabilities ⓘ	52.94	53.84	55.65	64.34	61.32	57.20	61.80	80.03	81.52	83.73
Fixed Assets
Net Fixed Assets ⓘ +	8.95	8.24	7.40	4.88	4.99	4.65	0.61	0.42	0.35	0.40
Gross Block	22.18	22.10	21.88	12.31	12.78	12.80	1.72	1.25	1.25	1.38
Accumulated Depreciation	13.23	13.86	14.48	7.43	7.79	8.15	1.10	0.82	0.90	0.98
CWIP ⓘ	0	0	0	0	0	0.94	0	0	0	0
Investments ⓘ	3.02	7.81	8.87	11.91	10.21	8.98	5.21	17.37	31.81	36.20
Inventories	3.13	2.26	5.46	9.31	3.87	3.30	0	0	0	0
Trade Receivables	0	0	1.85	0.50	0.89	0.21	0	0	0	0
Cash Equivalents	19.97	4.28	3.47	0.41	0.29	0.79	2.97	0.75	2.48	0.46
Others Assets ⓘ	17.87	31.25	28.60	37.33	41.08	38.34	53	61.49	46.87	46.67
Total Assets ⓘ	52.94	53.84	55.65	64.34	61.32	57.20	61.80	80.03	81.52	83.73

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.67	-1.46	-3.19	-8.72	3.66	-1.02	9.15	16.49	9.20	-4.64
PBT ⓘ	0.03	0.82	0.39	9.61	-3.53	-0.35	-0.53	2.78	3.19	3.10
Adjustment ⓘ	-2.07	-1.50	-1.28	-10.12	1.62	-1.01	2.03	-2.22	-2.68	-2.32
Changes in Working Capital ⓘ	0.95	-0.71	-2.25	-5.57	5.67	0.34	2.5	1.94	9.6	-4.62
Tax Paid ⓘ	0.27	-0.08	-0.05	-2.65	-0.10	0	-0.16	-1.89	-0.91	-0.80
Cash Flow From Investing Activity ⓘ +	5.32	2.01	-1.06	17.15	-16.87	3.49	11.15	-9.27	-47.77	2.64
Capex	3.88	-0.10	0.22	15.84	-0.47	-0.01	3.68	0.47	-0	-0.13
Net Investments	-3	-4.80	-1.06	-2.40	1.06	3.85	6.43	-12.06	-50.58	0.27
Others ⓘ	4.44	6.91	-0.22	3.71	-17.45	-0.35	1.03	2.32	2.81	2.49
Cash Flow From Financing Activity ⓘ +	2.89	-0.02	-0.11	-0.03	1.90	-2.05	-0.01	-0.02	-0.06	-0.03
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0.11	-0.02	-0.11	-0.03	-0.10	-0.05	-0.01	-0.02	-0.06	-0.03
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	3	0	0	0	1.99	-1.99	0	0	0	0
Net Cash Flow ⓘ	7.54	0.53	-4.37	8.40	-11.31	0.42	20.29	7.20	-38.63	-2.03

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.36	1.48	0.99	13.28	-6.31	-0.56	7.84	24	2.83	2.8
ROCE (%)	0.29	1.65	0.96	17.02	-5.79	-0.51	8.45	26.74	4.08	3.82
Asset Turnover Ratio	0.02	0.04	0.47	0.05	0.15	0.03	0.05	0.03	0.02	0.02
PAT to CFO Conversion(x)	-3.72	-1.92	-6.13	-1.16	N/A	N/A	1.98	0.98	4.07	-2.02
Working Capital Days
Receivable Days	0	0	26	138	27	119	0	0	0	0
Inventory Days	1,490	515	55	868	254	781	0	0	0	0
Payable Days	0	45	11	112	16	0	0	0	0	0

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Ashirwad Steels & Industries Ltd FAQs

The current trading price of Ashirwad Steels &Ind on 17-Apr-2026 16:59 is ₹24.54.

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 16-Apr-2026 the market cap of Ashirwad Steels &Ind stood at ₹30.68 Cr

The latest P/E ratio of Ashirwad Steels &Ind as of 16-Apr-2026 is 13.50.

The latest P/B ratio of Ashirwad Steels &Ind as of 16-Apr-2026 is 0.36.

The 52-week high of Ashirwad Steels &Ind is ₹37.20 and the 52-week low is ₹17.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ashirwad Steels &Ind is ₹2.26 ( Cr.) .

About Ashirwad Steels & Industries Ltd

Ashirwad Steels and Industries was incorporated in 1986 and its headquarter is situated at Kolkata. The company has two sponge iron plants located at Jamshedpur, Jharkhand and Nalgonda, Andhra Pradesh. It also has two bottling plants located at Howrah, West Bengal and Raigarh, Chhattisgarh.

The registered office of the company is located at 5th Floor, Waterloo Street, Suite No. 506, Kolkata, West Bengal-700069.

Business area of the company:

The company manufactures and supplies sponge iron used in manufacturing finished steel. Under its bottling business, the company is engaged in bottling of hydrocarbon gas and liquefied petroleum gas (LPG).

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Ashirwad Steels & Industries Ltd (526847) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Ashirwad Steels &Ind Share Price