Ashiana Ispat

What does Ashiana Ispat do?

Ashiana Ispat Ltd manufactures cold twisted, high-strength deformed, and thermo mechanical treatment steel bars, operating as a Micro Cap company in the Iron & Steel Products industry. As of December 2024, it reported net sales of 0 Cr and a net profit of -3 Cr, with a market cap of Rs 20 Cr.

Overview: <BR>Ashiana Ispat Ltd is engaged in the manufacturing of cold twisted (CTD), high-strength deformed (HSD), and thermo mechanical treatment (TMT) steel bars, operating within the Iron & Steel Products industry and categorized as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1992, Ashiana Ispat Ltd has remained focused on its core manufacturing activities. The latest quarterly results reported net sales and net profit for the period ending December 2024.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Dec 2024) <BR>Most recent Net Profit: -3 Cr (Quarterly Results - Dec 2024) <BR>Market-cap value: Rs 20 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 2.56 <BR>Return on Equity: -12.33% <BR>Price to Book: 0.52<BR><BR>Contact Details: <BR>Address: A-1116 Phase III, RIICO Indl Area Bhiwadi Alwar Rajasthan : 301019 <BR>Tel: 91-1493-220777-78 <BR>Email: ail@ashianaispat.in <BR>Website: http://www.ashianaispat.in

Has Ashiana Ispat declared dividend?

No Dividend History Available

Who are the peers of the Ashiana Ispat?

Peers of Ashiana Ispat include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and Jindal Saw, among others. APL Apollo Tubes stands out with excellent management and growth, while Ashiana Ispat shows below-average growth and returns.

Peers: The peers of Ashiana Ispat are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Mukat Pipes, Umiya Tubes, Sh. Steel Wire, and Monind.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and the rest have Below Average or do not qualify. Excellent growth is noted at APL Apollo Tubes and Jindal Saw, Average growth is seen at Shyam Metalics and Ratnamani Metals, while Below Average growth is present at Ashiana Ispat, Umiya Tubes, and the rest. Excellent capital structure is attributed to APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is seen at Welspun Corp, and Below Average capital structure is found at Ashiana Ispat, Jindal Saw, Umiya Tubes, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while Jindal Saw has the lowest at -22.99%, with Ashiana Ispat's 1-year return of -35.26% being lower than both. Additionally, several peers, including Ratnamani Metals, Jindal Saw, Umiya Tubes, and Sh. Steel Wire, have negative six-month returns.

What is the technical trend for Ashiana Ispat?

As of May 23, 2025, Ashiana Ispat's technical trend is mildly bearish, with daily moving averages and monthly MACD indicating bearishness, while the weekly MACD and KST show mild bullish signals.

As of 23 May 2025, the technical trend for Ashiana Ispat has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The moving averages on a daily basis are mildly bearish, and the Bollinger Bands reflect a mildly bearish trend in both weekly and monthly time frames. The KST shows a mildly bullish signal on the weekly chart but is bearish on the monthly. There are no clear signals from the RSI or Dow Theory in either time frame. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Who are in the management team of Ashiana Ispat?

As of March 2022, the management team of Ashiana Ispat includes Naresh Chand (Executive Director), Puneet Jain (Managing Director), Harun Rashid Ansari (Company Secretary), Shruti Jain (Independent Director), Anu Bansal (Whole-time Director), Ashita Jain (Chairperson), and Rajesh Kumar Pal (Additional Independent Director). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Ashiana Ispat includes the following members:<BR><BR>1. Naresh Chand - Executive Director<BR>2. Puneet Jain - Managing Director<BR>3. Harun Rashid Ansari - Company Secretary & Compliance Officer<BR>4. Shruti Jain - Independent Director<BR>5. Anu Bansal - Whole-time Director<BR>6. Ashita Jain - Chairperson<BR>7. Rajesh Kumar Pal - Additional Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the top shareholders of the Ashiana Ispat?

The top shareholder of Ashiana Ispat is promoter Puneet Jain, holding 9.33%. Individual investors own 48.66% of the shares, with no pledged promoter holdings or investments from mutual funds or foreign institutional investors.

The top shareholders of Ashiana Ispat include Puneet Jain, who is the promoter with the highest holding at 9.33%. The majority of the company's shares are held by individual investors, accounting for 48.66% of the total. There are no pledged promoter holdings, and currently, there are no mutual funds or foreign institutional investors holding shares in the company.

How big is Ashiana Ispat?

As of 24th July, Ashiana Ispat Ltd has a market capitalization of 18.00 Cr and reported Net Sales of 231.02 Cr with a Net Profit loss of 4.77 Cr for the latest four quarters. As of March 2024, Shareholder's Funds were 38.69 Cr and Total Assets were 173.37 Cr.

As of 24th July, Ashiana Ispat Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashiana Ispat reported Net Sales of 231.02 Cr. However, the company experienced a loss of 4.77 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 38.69 Cr and Total Assets were reported at 173.37 Cr.

Are Ashiana Ispat latest results good or bad?

The latest financial results for Ashiana Ispat are disappointing, with net sales dropping 65.4% and significant declines in profit before tax and profit after tax. Overall, the performance has led to a 'Sell' recommendation, indicating a negative outlook for the company.

The latest financial results for Ashiana Ispat are quite disappointing. The company has experienced a significant decline in key metrics for the quarter ending September 2024. Net sales dropped sharply by 65.4%, totaling Rs 32.22 crore, which is a concerning trend. Additionally, both profit before tax (PBT) and profit after tax (PAT) saw drastic declines of 621.8% and 485.8%, respectively.<BR><BR>The company's operational efficiency has also worsened, as indicated by the lowest operating profit to interest ratio in the last five quarters and a negative operating profit margin. Overall, the financial performance has led to a 'Sell' recommendation from MarketsMOJO, reflecting a negative outlook for the company's near-term prospects. In summary, the results are considered bad, and the company is facing significant challenges moving forward.

Is Ashiana Ispat overvalued or undervalued?

As of October 1, 2025, Ashiana Ispat is considered risky and overvalued due to poor financial ratios, including a PE ratio of -3.30 and an ROE of -12.33%, significantly underperforming compared to peers like JSW Steel and Tata Steel, and has a year-to-date return of -49.26% against the Sensex's 3.64%.

As of 1 October 2025, the valuation grade for Ashiana Ispat has moved from very attractive to risky, indicating a significant shift in its financial health and market perception. The company is currently considered overvalued based on its financial ratios, which include a PE ratio of -3.30, an EV to EBIT of 54.21, and an ROE of -12.33%. These figures suggest that the company is struggling to generate profits relative to its equity, raising concerns about its sustainability.<BR><BR>In comparison to its peers, Ashiana Ispat's financial metrics are considerably weaker. For instance, JSW Steel, which is rated fair, has a PE ratio of 54.74 and an EV to EBITDA of 14.41, while Tata Steel, rated attractive, shows a PE of 43.09 and an EV to EBITDA of 11.21. The stark contrast in these ratios highlights Ashiana Ispat's challenges within the iron and steel industry. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -49.26% compared to the Sensex's 3.64%. This further reinforces the notion that Ashiana Ispat is currently overvalued in the market.

How has been the historical performance of Ashiana Ispat?

Ashiana Ispat's fiscal performance in March 2010 showed net sales of 192.96 crore, with a profit after tax of 2.11 crore and an EPS of 5.0, indicating modest profitability and a balanced asset-liability structure. Total assets and liabilities were both reported at 173.37 crore.

Answer:<BR>The historical performance of Ashiana Ispat shows a range of financial metrics from the fiscal year ending March 2010.<BR><BR>Breakdown:<BR>In March 2010, Ashiana Ispat reported net sales of 192.96 crore, with total operating income also at 192.96 crore. The raw material cost was significant at 159.56 crore, leading to a total expenditure of 184.59 crore, resulting in an operating profit (PBDIT) of 8.46 crore. After accounting for interest and depreciation, the profit before tax stood at 3.23 crore, with a profit after tax of 2.11 crore. The company had an earnings per share (EPS) of 5.0 and a profit after tax margin of 1.01%. The total assets were reported at 173.37 crore, with total liabilities of 173.37 crore as well, indicating a balanced sheet. The book value per share adjusted was 48.58. Overall, the financial data reflects a modest profit generation capability and a stable asset-liability structure for Ashiana Ispat in that fiscal year.

When is the next results date for Ashiana Ispat?

The next results date for Ashiana Ispat is December 10, 2025.

The next results date for Ashiana Ispat is scheduled for December 10, 2025.

Should I buy, sell or hold Ashiana Ispat?

Why is Ashiana Ispat Ltd falling/rising?

As of 13-Mar, Ashiana Ispat Ltd's stock price is rising to 28.90, up 5.78%, supported by strong relative performance and trading above key moving averages. Increased investor participation and a modest annual gain further indicate growing interest in the stock despite broader market declines.

As of 13-Mar, Ashiana Ispat Ltd's stock price is rising, currently at 28.90, reflecting an increase of 1.58 or 5.78%. This upward movement is supported by several factors. The stock has outperformed its sector by 1.04% today, indicating strong relative performance. Additionally, Ashiana Ispat is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive signal for investors. <BR><BR>Moreover, there has been a significant increase in investor participation, with a delivery volume of 20.73k on 11 December, which is up by 203.36% compared to the 5-day average. This surge in trading activity suggests growing interest in the stock. Despite the broader market trends, where the Sensex has seen declines over various periods, Ashiana Ispat's performance over the past year shows a modest gain of 2.52%, contrasting with the Sensex's 1.00% increase. Overall, these factors contribute to the stock's rising price.

Why is Ashiana Ispat Ltd falling/rising?

As of 14-Mar, Ashiana Ispat Ltd's stock price is rising to 28.90, reflecting a 5.78% increase due to strong short-term trading dynamics and increased investor interest, despite underlying long-term challenges such as high debt and declining profitability.

As of 14-Mar, Ashiana Ispat Ltd's stock price is rising, currently at 28.90, reflecting a change of 1.58 or 5.78% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.04%, indicating stronger performance relative to its peers. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals positive momentum and investor confidence.<BR><BR>Moreover, there has been a significant increase in investor participation, with delivery volume rising by 203.36% compared to the 5-day average, suggesting that more investors are willing to buy and hold the stock. The liquidity of the stock is also favorable, as it is liquid enough for trading, based on 2% of the 5-day average traded value.<BR><BR>However, it is important to note that despite the recent rise, the company faces long-term challenges, including weak fundamental strength, high debt levels, and poor profitability metrics. The company has not declared results in the last six months, and its net sales and profits have shown significant declines. These factors could pose risks to the stock's future performance, but the current rise appears to be driven by short-term trading dynamics and increased investor interest.

Why is Ashiana Ispat Ltd falling/rising?

As of 15-Mar, Ashiana Ispat Ltd's stock price is rising to 28.90, up 5.78%, driven by strong performance relative to its sector and trading above key moving averages. Increased investor participation and sufficient liquidity further indicate growing confidence in the stock.

As of 15-Mar, Ashiana Ispat Ltd's stock price is rising, currently at 28.90, reflecting an increase of 1.58 or 5.78%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.04% today, indicating stronger performance relative to its peers. Additionally, Ashiana Ispat is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend in its price movement.<BR><BR>Moreover, there has been a significant increase in investor participation, with a delivery volume of 20.73k on 11 Dec, which is up by 203.36% compared to the 5-day average delivery volume. This surge in trading activity indicates growing interest and confidence among investors in the stock. Lastly, the stock's liquidity is deemed sufficient for trading, further supporting its price stability and potential for growth.

Which are the latest news on Ashiana Ispat?

Which are the latest news on Ashiana Ispat?

Which are the latest news on Ashiana Ispat?