Acrow India

Why is Acrow India Ltd falling/rising?

As of 22-Jun, Acrow India Ltd's stock price is at 867.55, reflecting a 0.53% increase despite earlier losses. The stock has shown strong performance over the past month and year-to-date, but a significant drop in delivery volume raises concerns about sustained investor interest.

As of 22-Jun, Acrow India Ltd's stock price is rising, currently at 867.55, reflecting an increase of 4.55 (0.53%). This upward movement is notable despite the stock having opened with a loss of -3.59% earlier in the day. The stock reached an intraday high of Rs 906.15, which is a 5% increase from its lowest point of Rs 832 during the same trading session. <BR><BR>Over the past month, Acrow India Ltd has shown a positive performance with a 6.69% increase, significantly outperforming the Sensex, which rose by only 2.23% in the same period. Year-to-date, the stock has surged by 38.81%, while the Sensex has declined by 9.54%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price relative to these averages.<BR><BR>However, it's important to note that there has been a decline in investor participation, with delivery volume dropping by 61.08% against the 5-day average. This could suggest a potential concern regarding sustained interest in the stock. Despite this, the overall performance today, including the stock's ability to outperform its sector by 1.94%, supports the current rise in price. The stock is also close to its 52-week high, being only 1.31% away from Rs 918, which may contribute to positive investor sentiment.

Which are the latest news on Acrow India?

What does Acrow India do?

Acrow India Ltd manufactures and markets steel formwork, scaffolding, and related equipment for the construction industry. It is a Micro Cap company with a market cap of INR 54 Cr and reported net sales of 1 Cr and net profit of 0 Cr for the quarter ending March 2026.

Overview:<BR>Acrow India Ltd is engaged in the manufacture and marketing of modern systems of Acrow steel formwork, scaffolding, and allied equipment for the construction industry, operating within the Iron & Steel Products sector and classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in 1960 as a joint venture between Hindustan Construction Company of the Walchand group and Acrow (Engineers), UK, Acrow India Ltd became fully Indian after its collaborator withdrew from equity participation. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 54 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 131.00 <BR>Industry P/E: 9 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 1.96% <BR>Price to Book: 2.53 <BR><BR>Contact Details:<BR>Address: Plot No 2 & 3 Post Ravalgaon, Taluka Malegaon Nasik Maharashtra : 423108 <BR>Tel: 91-02554-645913/645914 <BR>Email: marketing.ail@ravalgaon.in <BR>Website: http://www.acrowindia.com

How big is Acrow India?

As of 10th June, Acrow India Ltd has a market capitalization of 54.00 Cr, with recent net sales of 9.96 Cr and a net profit of 0.44 Cr. The company's shareholder's funds are 22.40 Cr, and total assets amount to 27.87 Cr.

As of 10th June, Acrow India Ltd has a market capitalization of 54.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Acrow India reported Net Sales of 9.96 Cr and a Net Profit of 0.44 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 22.40 Cr and Total Assets of 27.87 Cr.

Who are in the management team of Acrow India?

The management team of Acrow India includes Gopal Agrawal (Chairman & Managing Director), Sanjay Goyal and Shyam Agrawal (Whole-time Directors), Kashinath Iyer Ganapathy, Devinder Khurana, and Sarika Abhijit Kulkarni (Independent Directors), and Bharat Sadanand Patil (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

The management team of Acrow India includes the following individuals:<BR><BR>1. **Gopal Agrawal** - Chairman & Managing Director<BR>2. **Sanjay Goyal** - Whole-time Director<BR>3. **Shyam Agrawal** - Whole-time Director<BR>4. **Kashinath Iyer Ganapathy** - Independent Director<BR>5. **Devinder Khurana** - Independent Director<BR>6. **Sarika Abhijit Kulkarni** - Independent Director<BR>7. **Bharat Sadanand Patil** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Acrow India?

Acrow India's peers include Alliance Integ., Rajas. Tube Mfg, Tulsyan NEC, and others, with varying management risks and capital structures. Umiya Tubes leads in 1-year returns at 137.71%, while Rajas. Tube Mfg has the lowest at -70.59%, with Acrow India achieving a 1-year return of 26.61%.

Peers: The peers of Acrow India are Alliance Integ., Rajas. Tube Mfg, Tulsyan NEC, Dhatre Udyog, Umiya Tubes, Aditya Ultra, Shri Hare-Krish., Mangalam Alloys, and Abha Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shri Hare-Krish., while Average management risk is found at Rajas. Tube Mfg and Mangalam Alloys, and the rest have Below Average management risk. Below Average growth is noted for Alliance Integ., Rajas. Tube Mfg, Tulsyan NEC, Acrow India, Dhatre Udyog, Umiya Tubes, Aditya Ultra, and the rest. Capital Structure is Excellent at Shri Hare-Krish., Average at Abha Power and Mangalam Alloys, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Umiya Tubes has the highest 1-year return at 137.71%, while Rajas. Tube Mfg has the lowest at -70.59%. Acrow India's 1-year return of 26.61% is significantly higher than Rajas. Tube Mfg's return. Additionally, Dhatre Udyog and Umiya Tubes have negative six-month returns.

Should I buy, sell or hold Acrow India Ltd?

Are Acrow India Ltd latest results good or bad?

Acrow India Ltd's latest Q4 FY26 results are concerning, showing a net loss of -₹0.02 crore and an 85.34% decline in revenue to ₹1.05 crore, indicating significant operational challenges and instability in revenue generation. The negative operating margin and low return on equity further highlight the company's struggles in maintaining a sustainable business model.

Acrow India Ltd's latest results for Q4 FY26 are quite concerning. The company reported a net profit of -₹0.02 crore, marking a significant loss compared to a profit of ₹0.45 crore in the previous quarter (Q3 FY26). Revenue also saw a dramatic decline, falling to ₹1.05 crore, which is an 85.34% decrease quarter-over-quarter and a 67.59% drop year-over-year. This indicates severe operational challenges and instability in revenue generation.<BR><BR>The operating margin is deeply negative at -30.48%, reflecting that the company is losing money on its core operations. Additionally, the return on equity (ROE) is very low at just 0.93%, highlighting inefficiencies in capital utilization.<BR><BR>Overall, these results suggest that Acrow India is facing significant operational difficulties and is struggling to maintain a sustainable business model in a competitive market. The combination of negative profitability, declining revenues, and weak operational metrics paints a bleak picture for the company's financial health.

When is the next results date for Acrow India Ltd?

The next results date for Acrow India Ltd is 28 May 2026.

The next results date for Acrow India Ltd is scheduled for 28 May 2026.

How has been the historical performance of Acrow India?

Acrow India reported net sales and total operating income of 3.24 crore in March 2025, a significant increase from previous years, but faced total expenditures of 4.33 crore, resulting in an operating loss of -1.09 crore. Despite improved profit before tax at 1.16 crore, the company recorded a profit after tax loss of -0.88 crore, indicating ongoing profitability challenges.

Answer:<BR>The historical performance of Acrow India shows a significant increase in net sales in March 2025, reaching 3.24 crore, compared to no sales in the previous years. The total operating income for March 2025 also stands at 3.24 crore, marking a notable shift from previous years where it was consistently zero. However, the company faced total expenditure of 4.33 crore in March 2025, leading to an operating profit (PBDIT) of -1.09 crore, although this is an improvement from -1.91 crore in March 2024. The profit before tax for March 2025 is recorded at 1.16 crore, a rise from 0.61 crore in March 2024, but the profit after tax shows a loss of -0.88 crore, contrasting with a profit of 1.02 crore in March 2024.<BR><BR>Breakdown:<BR>Acrow India's financial trajectory reflects a pivotal change in March 2025, with net sales and total operating income both reported at 3.24 crore, a stark contrast to the previous years where these figures were non-existent. Despite this growth in revenue, the company incurred total expenditures of 4.33 crore, resulting in an operating profit of -1.09 crore, which, while still negative, indicates an improvement from the prior year's loss. The profit before tax also improved to 1.16 crore, yet the profit after tax fell to -0.88 crore, highlighting ongoing challenges despite the revenue growth. The company's total assets increased to 27.87 crore in March 2025, up from 22.90 crore in March 2024, while total liabilities also rose to 27.87 crore, reflecting a consistent balance sheet structure. Overall, Acrow India is experiencing a transitional phase with emerging revenues but persistent profitability challenges.

Who are the top shareholders of the Acrow India?

The top shareholders of Acrow India include Gopal Agrawal with 18.24%, individual investors holding 41.26%, and Mita Dipak Shah as the largest public shareholder at 2.42%. There are currently no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of Acrow India include the promoters, with Gopal Agrawal holding the largest share at 18.24%. Individual investors collectively hold 41.26% of the shares. The highest public shareholder is Mita Dipak Shah, who owns 2.42%. Notably, there are no mutual funds or foreign institutional investors (FIIs) currently holding shares in the company.

Is Acrow India overvalued or undervalued?

As of April 25, 2023, Acrow India is considered risky and overvalued, with concerning financial metrics such as a negative PE ratio of -47.36 and a year-to-date decline of 7.50%, making it a less attractive investment compared to peers like Tata Steel.

As of 25 April 2023, Acrow India has moved from a grade of does not qualify to risky, indicating increased concerns regarding its valuation. The company appears to be overvalued, with a PE ratio of -47.36, an EV to EBITDA of -43.75, and a Price to Book Value of 2.13. These ratios suggest significant financial distress and a lack of profitability, which is further underscored by a negative ROCE of -10.02% and ROE of -3.91%.<BR><BR>In comparison to its peers, Acrow India stands out with its negative PE and EV to EBITDA ratios, while other companies in the iron and steel products industry may exhibit more favorable metrics. For instance, if we consider a peer like Tata Steel, which typically has a PE ratio above 10, Acrow's metrics highlight its relative weakness. Despite a strong historical performance over the long term, recent returns show a decline of 7.50% year-to-date, contrasting with a 5.61% gain in the Sensex, reinforcing the notion that Acrow India may not be a prudent investment at its current valuation.

What is the technical trend for Acrow India?

As of May 26, 2025, Acrow India's technical trend is mildly bearish, with mixed signals from the MACD and moving averages, indicating uncertainty in the market.

As of 26 May 2025, the technical trend for Acrow India has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are also mildly bearish, reinforcing the current negative sentiment. Bollinger Bands show a sideways trend on the weekly chart and mildly bearish on the monthly chart. The KST is mildly bullish weekly but bearish monthly, adding to the uncertainty. Overall, the current stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Has Acrow India declared dividend?

Yes, Acrow India Ltd has declared a 50% dividend (₹5.00 per share) as of September 19, 2011. However, the dividend yield is 0%, and while total returns have been significant over the last 3 to 5 years, recent shorter-term returns have been negative.

Acrow India Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5.0000<BR>- Ex-date: Sep-19-2011<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -16.21%, the dividend return was 0%, resulting in a total return of -16.21%.<BR><BR>Over the past year, the price return was -9.23%, with a dividend return of 0%, leading to a total return of -9.23%.<BR><BR>In the 2-year period, the price return was -20.59%, the dividend return was 0%, which resulted in a total return of -20.59%.<BR><BR>For the 3-year period, the price return was 418.68%, with no dividend return, resulting in a total return of 418.68%.<BR><BR>In the 4-year period, the price return was 420.97%, and the dividend return was 0%, leading to a total return of 420.97%.<BR><BR>Over the last 5 years, the price return was 766.59%, with a dividend return of 0%, resulting in a total return of 766.59%.<BR><BR>Overall, Acrow India has declared a dividend, but the dividend yield is 0%, indicating that while there was a dividend declared in the past, it has not contributed to returns in recent periods. The total returns show significant growth over longer periods, particularly in the last 3 to 5 years, despite negative returns in the shorter terms.