Abha Power

Why is Abha Power and Steel Ltd falling/rising?

As of 24-Aug, Abha Power and Steel Ltd's stock price is at Rs 24.60, reflecting a significant decline of 34.40% year-to-date and 51.53% over the past year, underperforming the benchmark Sensex. The stock is consistently trading below its moving averages and is nearing its 52-week low, indicating a persistent downward trend and reduced investor interest.

As of 24-Aug, Abha Power and Steel Ltd's stock price is falling, currently at Rs 24.60, which reflects a decrease of Rs 0.15 or 0.61%. The stock has underperformed significantly in various time frames, with a year-to-date decline of 34.40% compared to a 7.31% drop in the benchmark Sensex. Over the past year, the stock has plummeted by 51.53%, while the Sensex has only decreased by 2.62%. <BR><BR>Today, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trend. Additionally, the stock is close to its 52-week low, being just 4.27% away from Rs 23.55. Investor participation has also declined, with delivery volume dropping by 66.67% against the 5-day average, suggesting reduced interest from investors. Overall, these factors contribute to the ongoing decline in the stock price of Abha Power and Steel Ltd.

Which are the latest news on Abha Power?

What does Abha Power do?

Abha Power and Steel Ltd specializes in the casting and manufacturing of customized iron and steel products. It operates as a micro-cap company with a market cap of INR 46 Cr and a P/E ratio of 19.00.

Overview:<BR>Abha Power and Steel Ltd is engaged in the business of iron and steel foundry, specializing in casting and manufacturing customized products in all grades of iron and steel, and operates within the micro-cap category of the Iron & Steel Products industry.<BR><BR>History:<BR>Abha Power and Steel Ltd was initially incorporated as "Abha Power and Steel Private Limited" on May 27, 2004. The company converted into a Public Limited Company on June 5, 2024, at which point its name was changed to Abha Power and Steel Limited. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 46 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00<BR>Industry P/E: 24<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.37<BR>Return on Equity: 4.62%<BR>Price-to-Book: 0.86<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Abha Power?

Abha Power's peers include Swastik Pipe, Newmalayalam St., Rajas. Tube Mfg, Nova Iron & Steel, Ecofinity Atomix, Tulsyan NEC, Dhatre Udyog, and Acrow India. Abha Power has below-average growth and the lowest 1-year return at -42.54%, while Newmalayalam St. has the highest return at -23.89%.

Peers: The peers of Abha Power are Swastik Pipe, Newmalayalam St., Rajas. Tube Mfg, Nova Iron &Steel, Ecofinity Atomix, Tulsyan NEC, Dhatre Udyog, and Acrow India.<BR><BR>Quality Snapshot: Below Average management risk is observed at Swastik Pipe, Newmalayalam St., Ecofinity Atomix, Tulsyan NEC, Dhatre Udyog, and Acrow India, while Average management risk is found at Abha Power and Rajas. Tube Mfg. Excellent growth is noted at Ecofinity Atomix, while Below Average growth is seen at Abha Power, Swastik Pipe, Newmalayalam St., Rajas. Tube Mfg, Tulsyan NEC, Dhatre Udyog, and Acrow India. Average capital structure is present at Abha Power and Ecofinity Atomix, while Good capital structure is found at Newmalayalam St., and Below Average capital structure is observed at Swastik Pipe, Rajas. Tube Mfg, Tulsyan NEC, Dhatre Udyog, and Acrow India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Newmalayalam St. at -23.89%, while the peer with the lowest is Abha Power at -42.54%, indicating that Abha Power's return is worse than that of Newmalayalam St. Additionally, Swastik Pipe, Newmalayalam St., and Acrow India have negative six-month returns.

How big is Abha Power?

As of 14th August, Abha Power and Steel Ltd has a market capitalization of 47.68 Cr, classifying it as a Micro Cap company, with no valid financial data available for the latest four quarters. The latest balance sheet shows Shareholder's Funds of 50.84 Cr and Total Assets of 79.18 Cr as of March 2025.

As of 14th August, <BR><BR>Market Cap: Abha Power and Steel Ltd has a market capitalization of 47.68 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 50.84 Cr and Total Assets valued at 79.18 Cr.

Is Abha Power overvalued or undervalued?

As of November 17, 2025, Abha Power's valuation has improved to attractive, indicating it is undervalued with a PE ratio of 11.19 and an EV to EBITDA of 7.02, especially when compared to peers like JSW Steel and Tata Steel, despite a year-to-date underperformance of -19.53% against the Sensex.

As of 17 November 2025, the valuation grade for Abha Power has moved from fair to attractive, indicating a more favorable assessment of its market position. The company appears to be undervalued based on several key financial ratios, including a PE ratio of 11.19, an EV to EBITDA of 7.02, and a ROCE of 17.18%. <BR><BR>In comparison to its peers, Abha Power's valuation stands out; for instance, JSW Steel has a PE ratio of 46.87, while Tata Steel, which is also rated attractive, has a PE of 29.08. This suggests that Abha Power is trading at a significant discount relative to its industry counterparts. Additionally, while the stock has underperformed the Sensex year-to-date with a return of -19.53% compared to the Sensex's 10.02%, the attractive valuation signals potential for recovery and growth moving forward.

How has been the historical performance of Abha Power?

Abha Power has shown strong financial growth over the past three years, with net sales increasing from 54.70 Cr to 70.18 Cr and profit after tax rising from 1.40 Cr to 6.23 Cr, alongside a significant improvement in operating profit and cash reserves. Total assets and liabilities have also increased, indicating balanced growth.

Answer:<BR>The historical performance of Abha Power shows a positive trend in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>Abha Power's net sales increased from 54.70 Cr in Mar'23 to 70.18 Cr in Mar'25, reflecting a strong growth trajectory. Total operating income followed a similar pattern, rising from 54.70 Cr to 70.18 Cr during the same period. The company's total expenditure, excluding depreciation, also grew from 51.36 Cr to 59.43 Cr, primarily driven by higher raw material costs, which rose from 38.73 Cr to 43.47 Cr. Operating profit, excluding other income, improved significantly from 3.34 Cr in Mar'23 to 10.75 Cr in Mar'25, leading to an increase in profit before tax from 1.97 Cr to 8.50 Cr. Consequently, profit after tax surged from 1.40 Cr to 6.23 Cr, showcasing a robust PAT margin growth from 2.56% to 8.88%. The company's total assets increased from 47.36 Cr to 79.18 Cr, while total liabilities rose from 47.36 Cr to 79.18 Cr, indicating a balanced growth in both assets and liabilities. Cash flow from operating activities decreased from 7.00 Cr in Mar'23 to 2.00 Cr in Mar'25, but net cash inflow improved significantly to 15.00 Cr in Mar'25, up from 0.00 Cr in the previous year. Overall, Abha Power has demonstrated substantial growth in revenue and profitability, alongside a healthy increase in cash reserves.

What is the technical trend for Abha Power?

As of June 4, 2025, Abha Power's technical trend is mildly bearish, indicated by bearish Bollinger Bands and Dow Theory, with a current price of 31.85 significantly below its 52-week high of 81.90.

As of 4 June 2025, the technical trend for Abha Power has changed from sideways to mildly bearish. The weekly MACD shows no signal, while the monthly indicators are also unremarkable. The Bollinger Bands indicate a bearish stance on the weekly chart, and Dow Theory confirms a mildly bearish outlook on the weekly timeframe. Although the On-Balance Volume (OBV) is mildly bullish on the weekly, it is not sufficient to counter the overall bearish sentiment. The current price of 31.85 is significantly below the 52-week high of 81.90, reflecting a downward trend. Overall, the technical stance is mildly bearish, driven primarily by the bearish Bollinger Bands and Dow Theory indicators.

Who are the top shareholders of the Abha Power?

The top shareholders of Abha Power include Sunflower Commotrade Pvt Ltd with 29.2%, a foreign institutional investor holding 0.15%, and public shareholder Nikhil Gupta with 1.41%. Individual investors collectively own 23.27% of the shares.

The top shareholders of Abha Power include the promoters, who hold the majority of the shares. The promoter with the highest holding is Sunflower Commotrade Pvt Ltd, which owns 29.2% of the company. Additionally, there is one foreign institutional investor (FII) that holds 0.15% of the shares. The highest public shareholder is Nikhil Gupta, who has a stake of 1.41%. Individual investors collectively hold 23.27% of the company's shares.

When is the next results date for Abha Power?

No Upcoming Board Meetings

Has Abha Power declared dividend?

No Dividend History Available