Ankit Met.Power

How has been the historical performance of the Ankit Met.Power?

Ankit Met.Power reported a net loss of Rs 193.34 crore for the fiscal year ending March 2015, with total sales of Rs 1,144.50 crore and high raw material costs leading to an operating loss. The company's total liabilities were Rs 1,958.08 crore, and it experienced a cash outflow from operations of Rs 254.85 crore, offset by financing activities.

Answer:<BR>The historical performance of Ankit Met.Power shows significant challenges in the fiscal year ending March 2015, with a net loss of Rs 193.34 crore.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2015, Ankit Met.Power reported net sales of Rs 1,144.50 crore and total operating income of Rs 1,147.69 crore. However, the company faced high raw material costs of Rs 745.05 crore and finished goods purchases amounting to Rs 418.04 crore, leading to a total expenditure of Rs 1,164.53 crore, which resulted in an operating loss (PBDIT) of Rs -6.58 crore. The interest expense was substantial at Rs 113.10 crore, contributing to a profit before tax of Rs -193.34 crore, which was also the profit after tax. The earnings per share stood at Rs -15.84, reflecting the company's financial struggles. On the balance sheet, total liabilities reached Rs 1,958.08 crore, with long-term borrowings of Rs 778.25 crore and short-term borrowings of Rs 423.64 crore. The total assets were equal to total liabilities at Rs 1,958.08 crore, with a book value per share of Rs 25.31. Cash flow analysis indicated a cash outflow from operating activities of Rs -254.85 crore, although financing activities provided a net inflow of Rs 243.02 crore, resulting in a slight overall cash inflow of Rs 4.92 crore by the end of the period.

Who are the top shareholders of the Ankit Met.Power?

The top shareholders of Ankit Met.Power include Astabhuja Properties Private Limited with an 11.74% stake and individual investors holding 26.92%. All promoter holdings are pledged, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Ankit Met.Power primarily consist of promoters, with Astabhuja Properties Private Limited holding the largest stake at 11.74%. Additionally, individual investors collectively hold 26.92% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and all promoter holdings are pledged.

how big is Ankit Met.Power?

As of Jun 06, Ankit Metal & Power Ltd has a market capitalization of 32.00 Cr, classifying it as a Micro Cap company, with recent net sales of 770.62 Cr and a net profit of -256.79 Cr.

Market Cap: As of Jun 06, Ankit Metal & Power Ltd has a market capitalization of 32.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the company reported Net Sales of 770.62 Cr and a Net Profit of -256.79 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The Balance Sheet data is Consolidated and pertains to the latest annual period of Mar'15. Shareholder's Funds are reported at 308.99 Cr, while Total Assets amount to 1,958.08 Cr.

What does Ankit Met.Power do?

Ankit Metal & Power Ltd is a micro-cap company in the ferrous metals industry, incorporated in 2002, with recent quarterly net sales of ₹146 Cr and a net loss of ₹76 Cr as of December 2023. The company has a market cap of ₹32 Cr and key metrics indicating financial challenges, including a negative P/E ratio and debt equity of -1.07.

Overview:<BR>Ankit Metal & Power Ltd operates in the ferrous metals industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on 7th August 2002, initially as Ankit Steel Works Private Limited, and was renamed Ankit Metal & Power Private Limited on 9th July 2004. Following a change in corporate status from private to public, it adopted its current name on 31st August 2004. The latest quarterly results reported net sales and net profit for December 2023.<BR><BR>Financial Snapshot:<BR>- Net Sales: 146 Cr (Quarterly Results - Dec 2023)<BR>- Net Profit: -76 Cr (Quarterly Results - Dec 2023)<BR>- Market Cap: Rs 32 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -1.07<BR>- Return on Equity: 24.88%<BR>- Price to Book: -0.03<BR><BR>Contact Details:<BR>- Address: 35 Chittranjan Avenue, Kolkata, West Bengal: 700012<BR>- Tel: 91-33-2211 0225/0226<BR>- Email: cs@ankitmetal.com<BR>- Website: http://www.ankitmetal.com

When is the next results date for Ankit Met.Power?

No Upcoming Board Meetings

Has Ankit Met.Power declared dividend?

Ankit Metal & Power Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 16, 2008. Despite the dividend declaration, the dividend yield is 0%, and total returns have shown significant volatility, with losses in the short term and gains over the long term.

Ankit Metal & Power Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 16 Sep 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -37.11%, the dividend return was 0%, resulting in a total return of -37.11%.<BR><BR>In the 1 year period, the price return was -40.96%, the dividend return was 0%, leading to a total return of -40.96%.<BR><BR>In the 2 years period, the price return was -40.0%, the dividend return was 0%, which resulted in a total return of -40.0%.<BR><BR>In the 3 years period, the price return was -71.54%, the dividend return was 0%, culminating in a total return of -71.54%.<BR><BR>In the 4 years period, the price return was 76.19%, the dividend return was 0%, resulting in a total return of 76.19%.<BR><BR>In the 5 years period, the price return was 534.29%, the dividend return was 0%, leading to a total return of 534.29%.<BR><BR>Overall, while Ankit Metal & Power Ltd did declare a dividend, the dividend yield remains at 0%. The total returns over the periods indicate significant volatility, with substantial losses in the short term and impressive gains over the long term.

Who are the peers of the Ankit Met.Power?

Ankit Met.Power's peers include JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Jindal Stainless, KIOCL, Sarda Energy, and Impex Ferro Tech. Lloyds Metals leads in 1-year returns at 105.66%, while Ankit Met.Power's return is -42.56%.

Peers: The peers of Ankit Met.Power are JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Jindal Stain., KIOCL, Sarda Energy, and Impex Ferro Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lloyds Metals and Jindal Stain., while Good management risk is found at JSW Steel, Tata Steel, Jindal Steel, SAIL, and the rest. Average management risk is noted at Sarda Energy, and the rest have a management risk that does not qualify. Growth is Excellent at Lloyds Metals and Jindal Stain., Good at Jindal Steel and Sarda Energy, Average at Tata Steel, and Below Average at SAIL and KIOCL, while the rest do not qualify. Capital Structure is Excellent at Lloyds Metals, Good at Jindal Steel and Sarda Energy, Average at Tata Steel, Below Average at SAIL, KIOCL, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lloyds Metals at 105.66%, while the lowest is Impex Ferro Tech at -47.74%. Ankit Met.Power's 1-year return is -42.56%, which is higher than Impex Ferro Tech's but lower than Lloyds Metals'. Additionally, KIOCL and Impex Ferro Tech have negative six-month returns.

Should I buy, sell or hold Ankit Met.Power?

Is Ankit Met.Power overvalued or undervalued?

As of April 25, 2023, Ankit Met.Power is classified as risky and overvalued due to its negative PE ratio of -0.13, an EV to EBITDA of -4.98, and a ROCE of -322.05%, significantly underperforming compared to peers like JSW Steel and Tata Steel, and the Sensex.

As of 25 April 2023, the valuation grade for Ankit Met.Power has moved from does not qualify to risky. The company is currently assessed as overvalued, given its negative PE ratio of -0.13, an EV to EBITDA ratio of -4.98, and a ROCE of -322.05%. These figures indicate significant financial distress compared to peers in the ferrous metals industry.<BR><BR>In comparison, JSW Steel has a PE ratio of 64.98 and an EV to EBITDA of 14.20, while Tata Steel shows a PE of 51.92 and an EV to EBITDA of 11.04, both reflecting a much healthier financial position. Notably, Ankit Met.Power has underperformed the Sensex, with a year-to-date return of -52.65% compared to the Sensex's 5.63%, further reinforcing its overvaluation status.

What is the technical trend for Ankit Met.Power?

As of May 15, 2025, Ankit Met.Power's technical trend is mildly bearish, with mixed signals from the MACD and bearish indicators from moving averages, Bollinger Bands, and KST.

As of 15 May 2025, the technical trend for Ankit Met.Power has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The daily moving averages are mildly bearish, reinforcing the overall cautious stance. The Bollinger Bands and KST on both weekly and monthly time frames are bearish, with the weekly OBV also showing a mildly bearish trend. The RSI indicates no signal on both time frames. Overall, the current technical stance is mildly bearish, with key indicators such as the moving averages and Bollinger Bands driving this assessment.

Who are in the management team of Ankit Met.Power?

As of March 2021, the management team of Ankit Met.Power includes Sujata Agarwal, Ankit Jain, Aritro Roy, Sharat Malik, and Debasish Mukherjee as Independent Directors; Vineeta Barmecha as Company Secretary; Subham Bhagat as Chairman & Managing Director; and Satish Kumar Singh as Additional Non-Executive Director. Each member contributes to the company's governance and operations.

As of March 2021, the management team of Ankit Met.Power includes the following individuals:<BR><BR>1. Sujata Agarwal - Independent Director<BR>2. Ankit Jain - Independent Director<BR>3. Aritro Roy - Independent Director<BR>4. Vineeta Barmecha - Company Secretary<BR>5. Subham Bhagat - Chairman & Managing Director<BR>6. Satish Kumar Singh - Additional Non-Executive Director<BR>7. Sharat Malik - Independent Director<BR>8. Debasish Mukherjee - Independent Director<BR><BR>Each member plays a distinct role within the company, contributing to its governance and operational management.

Why is Ankit Metal & Power Ltd falling/rising?

As of 07-Feb, Ankit Metal & Power Ltd's stock price is currently rising at 1.72, despite a significant decline over the past year and three years. The short-term increase is overshadowed by a general downtrend and decreased investor participation.

As of 07-Feb, Ankit Metal & Power Ltd's stock price is rising, currently at 1.72, with a change of 0.04, representing an increase of 2.38%. This rise is noted despite the stock's overall performance showing a decline in various time frames, such as a 42.67% drop over the past year and a 67.36% decrease over the past three years. <BR><BR>Today, the stock has outperformed its sector by 2.35%, which may contribute to the positive movement in its price. However, it is important to note that the stock is trading lower than its moving averages across multiple periods, indicating a general downtrend. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 54.04% compared to the 5-day average, which could suggest a lack of confidence among investors. <BR><BR>Overall, while the stock is experiencing a short-term rise today, the broader context shows a concerning trend of declining performance over longer periods and reduced investor engagement.

Which are the latest news on Ankit Met.Power?