Aanchal Ispat

Are Aanchal Ispat latest results good or bad?

Aanchal Ispat's latest results for Q3 FY24-25 show strong growth, with net sales up 304.79% and net profit up 89.76% year-on-year, indicating positive performance. However, analysts have issued a 'Strong Sell' call, suggesting caution for investors despite the favorable financial metrics.

Aanchal Ispat's latest financial results for the third quarter of FY24-25, announced on January 31, 2025, indicate a positive performance overall. The company reported net sales of Rs 33.80 crore, which reflects a remarkable year-on-year growth of 304.79%. This significant increase suggests that Aanchal Ispat is experiencing strong demand for its products and is on a positive sales trajectory.<BR><BR>Furthermore, the standalone net profit also showed a substantial year-on-year growth of 89.76%, indicating improved profitability compared to the previous year. These results highlight a noteworthy improvement in the company's financial performance.<BR><BR>However, it is important to note that despite these positive results, MarketsMOJO has issued a 'Strong Sell' call on the stock, indicating a cautious outlook for investors. This suggests that while the financial metrics have improved, there may be underlying concerns or market conditions that warrant caution.<BR><BR>In summary, Aanchal Ispat's latest results can be characterized as good in terms of sales and profit growth, but the cautious stance from analysts indicates that investors should be aware of potential risks.

Who are the top shareholders of the Aanchal Ispat?

The top shareholders of Aanchal Ispat include Maina Securities Private Limited with 11.76%, and the highest public shareholder is Pravinkumar Washa at 3.17%. Individual investors hold a combined 55.57%, with no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Aanchal Ispat include Maina Securities Private Limited, which holds the highest promoter stake at 11.76%. The highest public shareholder is Pravinkumar Washa, with a holding of 3.17%. Additionally, individual investors collectively hold 55.57% of the company's shares. There are no mutual funds or foreign institutional investors (FIIs) currently holding shares in the company, and there are no pledged promoter holdings.

Who are in the management team of Aanchal Ispat?

As of Mar 2022 The management team of Aanchal Ispat includes Mukesh Goel (Chairman & Managing Director), Manoj Goel (Executive Director), Mukesh Agarwal, Nilu Nigania, and Shikha Jaiswal (Independent Directors), along with Puja Kaul (Company Secretary & Compliance Officer).

As of Mar 2022 The management team of Aanchal Ispat includes the following individuals:<BR><BR>1. Mukesh Goel - Chairman & Managing Director<BR>2. Manoj Goel - Executive Director<BR>3. Mukesh Agarwal - Independent Director<BR>4. Puja Kaul - Company Secretary & Compliance Officer<BR>5. Nilu Nigania - Independent Director<BR>6. Shikha Jaiswal - Additional Independent Director<BR><BR>If you need more specific information about their roles or contributions, feel free to ask!

Has Aanchal Ispat declared dividend?

No Dividend History Available

When is the next results date for Aanchal Ispat?

No Upcoming Board Meetings

Who are the peers of the Aanchal Ispat?

Aanchal Ispat's peers include JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, and others. Aanchal Ispat has below average management risk, negative growth, and a 1-year return of -25.73%, worse than most peers.

Peers: The peers of Aanchal Ispat are JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Monind, Sh. Steel Wire, Shree Precoated, Mahalaxmi Seam, and Aditya Ispat.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jindal Steel, Lloyds Metals, and SAIL, while Good management risk is found at JSW Steel and the rest. Average management risk is seen at Tata Steel, and below average management risk is present at Aanchal Ispat, Sh. Steel Wire, Mahalaxmi Seam, and Aditya Ispat. In terms of growth, excellent growth is noted at Jindal Steel and Lloyds Metals, while average growth is found at JSW Steel, and below average growth is seen at Tata Steel, Aanchal Ispat, Sh. Steel Wire, Mahalaxmi Seam, and Aditya Ispat. For capital structure, excellent capital structure is observed at Lloyds Metals, good capital structure is seen at Jindal Steel and Sh. Steel Wire, while below average capital structure is present at JSW Steel, Tata Steel, Aanchal Ispat, SAIL, Mahalaxmi Seam, and Aditya Ispat.<BR><BR>Return Snapshot: Lloyds Metals has the highest 1-year return at 61.62%, while Tata Steel has the lowest at -15.57%. Aanchal Ispat's 1-year return of -25.73% is worse than both. Additionally, peers such as Tata Steel, SAIL, Sh. Steel Wire, Mahalaxmi Seam, and Aditya Ispat have negative six-month returns.

What does Aanchal Ispat do?

Aanchal Ispat Ltd is a micro-cap company that manufactures and trades steel products, primarily in the Steel/Sponge Iron/Pig Iron industry. As of December 2024, it reported net sales of ₹34 Cr and a market cap of ₹11 Cr.

Overview: <BR>Aanchal Ispat Ltd is a micro-cap company engaged in the manufacturing and trading of steel products, specifically in the Steel/Sponge Iron/Pig Iron industry.<BR><BR>History: <BR>Aanchal Ispat Limited was incorporated on January 30, 1996. 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: 34 Cr (Quarterly Results - Dec 2024) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Dec 2024) <BR>Market-cap value: Rs 11 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 14 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 4.63 <BR>Return on Equity: 5.11% <BR>Price to Book: 0.61<BR><BR>Contact Details: <BR>Address: Mouza-Chamrail, National HighWay-6 Laiuah Howrah West Bengal : 711114 <BR>Tel: 91-3212-246121 <BR>Email: cs@aanchalispat.com <BR>Website: http://www.aanchalispat.com

How has been the historical performance of the Aanchal Ispat?

Aanchal Ispat's historical performance has shown a significant decline, with total reserves dropping from 25.95 crore in March 2022 to -4.03 crore in March 2024, and shareholder's funds decreasing from 46.80 crore to 16.82 crore. Despite eliminating long-term borrowings, the book value per share turned negative, and while cash flow improved with a net inflow of 5.00 crore, the company reported a profit before tax of -7.00 crore in March 2024.

Answer:<BR>The historical performance of Aanchal Ispat shows a declining trend in key financial metrics over the past several years, particularly from March 2022 to March 2024. The company's total reserves have decreased significantly from 25.95 crore in March 2022 to -4.03 crore in March 2024, indicating a substantial loss in retained earnings. Shareholder's funds also reflect this downward trajectory, dropping from 46.80 crore in March 2022 to 16.82 crore in March 2024. Long-term borrowings were eliminated by March 2024, down from 55.70 crore in March 2023, while total liabilities slightly increased from 103.11 crore in March 2023 to 107.50 crore in March 2024. The book value per share has turned negative, falling from 2.44 in March 2023 to -0.56 in March 2024. In terms of cash flow, Aanchal Ispat reported a profit before tax of -7.00 crore in March 2024, an improvement from -30.00 crore in the previous year, and a net cash inflow of 5.00 crore, contrasting with a net outflow of -2.00 crore in March 2023.<BR><BR>Breakdown:<BR>Aanchal Ispat's financial performance has shown a troubling decline, particularly in shareholder equity and reserves. The total reserves decreased from 25.95 crore in March 2022 to negative 4.03 crore in March 2024, while shareholder's funds fell from 46.80 crore to 16.82 crore over the same period. Long-term borrowings were fully paid off by March 2024, indicating a shift in the company's financing strategy. Despite a slight increase in total liabilities, the company's book value per share has deteriorated significantly, moving from a positive 2.44 in March 2023 to a negative 0.56 in March 2024. On the cash flow front, Aanchal Ispat experienced a profit before tax of -7.00 crore in March 2024, though this was an improvement from the previous year. The company managed to achieve a net cash inflow of 5.00 crore, a positive shift compared to the net outflow of -2.00 crore in March 2023.

Should I buy, sell or hold Aanchal Ispat?

Why is Aanchal Ispat Ltd falling/rising?

As of 06-Feb, Aanchal Ispat Ltd's stock price is rising to Rs. 17.39, up 4.95%, supported by a new 52-week high and a 62.37% gain over the past week. The stock shows strong bullish trends, trading above key moving averages and experiencing increased investor participation.

As of 06-Feb, Aanchal Ispat Ltd's stock price is rising, currently at Rs. 17.39, reflecting an increase of Rs. 0.82 or 4.95%. This upward movement is supported by several factors. The stock has achieved a new 52-week high today, indicating strong performance. Over the past week, it has gained an impressive 62.37%, significantly outperforming the Sensex, which only increased by 1.59% during the same period. <BR><BR>Additionally, Aanchal Ispat has been on a consecutive gain streak for the last three days, contributing to its overall positive momentum. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 34.79% compared to the 5-day average, indicating growing interest among investors. <BR><BR>Overall, these factors collectively contribute to the rising stock price of Aanchal Ispat Ltd.

Which are the latest news on Aanchal Ispat?