how big is Ashirwad Steels?

As of Jun 06, Ashirwad Steels & Industries Ltd has a market capitalization of 41.85 Cr, with net sales of 1.80 Cr and a net profit of 2.30 Cr for the latest four quarters. Shareholder's Funds are 78.38 Cr and Total Assets are 78.14 Cr as of Mar 23.

Market Cap: As of Jun 06, Ashirwad Steels & Industries Ltd has a market capitalization of 41.85 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Ashirwad Steels reported net sales of 1.80 Cr and a net profit of 2.30 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The balance sheet data is Standalone and pertains to the latest annual period ending in Mar 23. Shareholder's Funds are reported at 78.38 Cr, while Total Assets amount to 78.14 Cr.

What does Ashirwad Steels do?

Ashirwad Steels & Industries Ltd is a micro-cap company based in Kolkata, primarily manufacturing sponge iron and hydrocarbon gas. As of March 2025, it reported net sales and profit of 1 Cr each, with a market cap of Rs 43 Cr.

Overview:<BR>Ashirwad Steels & Industries Ltd operates in the Iron & Steel Products industry as a micro-cap company, primarily manufacturing sponge iron and hydrocarbon gas.<BR><BR>History:<BR>The company was incorporated on February 2, 1986, in Kolkata, West Bengal. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 43 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 18.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: -0.01<BR>- Return on Equity: 2.77%<BR>- Price to Book: 0.50<BR><BR>Contact Details:<BR>Address: 6 Waterloo Street, 5th Floor Suit No 506 Kolkata West Bengal : 700069<BR>Tel: 91-033-22430372/76<BR>Email: ashirwadsteels@gmail.com<BR>Website: http://www.ashirwadsteels.com

Has Ashirwad Steels declared dividend?

No Dividend History Available

Who are the peers of the Ashirwad Steels?

Peers of Ashirwad Steels include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Pradhin, Earthstahl &All., Shree Marutinand, and Precision Metal. Ashirwad Steels has average management risk, below average growth, and a 1-year return of -30.17%.

Peers: The peers of Ashirwad Steels are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Pradhin, Earthstahl &All., Shree Marutinand, and Precision Metal.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, Earthstahl &All., and Shree Marutinand. Average management risk is present at Jindal Saw and Ashirwad Steels, while Below Average management risk is noted at Pradhin and Precision Metal. Excellent growth is seen at APL Apollo Tubes and Shree Marutinand, while Good growth is observed at Pradhin. Average growth is found at Shyam Metalics and Ratnamani Metals, and Below Average growth is noted at Welspun Corp, Jindal Saw, Ashirwad Steels, Earthstahl &All., and Precision Metal. Excellent capital structure is present at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is seen at Welspun Corp and Earthstahl &All. Average capital structure is noted at Pradhin, while Below Average capital structure is found at Jindal Saw, Ashirwad Steels, and Shree Marutinand.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.56%, while the peer with the lowest is Pradhin at -74.79%. Ashirwad Steels has a 1-year return of -30.17%, which is higher than Pradhin but lower than Welspun Corp. Additionally, the six-month return is negative for Jindal Saw, Ashirwad Steels, Pradhin, Earthstahl &All., Shree Marutinand, and Ratnamani Metals.

Is Ashirwad Steels overvalued or undervalued?

As of February 13, 2024, Ashirwad Steels is considered very expensive and overvalued with a PE ratio of 18.20 and an EV to EBITDA ratio of 41.39, significantly lagging behind peers like JSW Steel and Tata Steel, and has a year-to-date return of -23.14% compared to the Sensex's 5.62%.

As of 13 February 2024, the valuation grade for Ashirwad Steels has moved from does not qualify to very expensive. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 18.20, an EV to EBITDA ratio of 41.39, and a ROE of 2.77%. <BR><BR>In comparison to its peers, Ashirwad Steels' PE ratio is significantly lower than that of JSW Steel, which has a PE of 64.98, and Tata Steel, which boasts a PE of 51.92. The high EV to EBITDA ratio of 41.39 also suggests that the company is trading at a premium compared to its competitors. Despite a strong historical performance over the long term, recent stock performance has lagged behind the Sensex, particularly with a YTD return of -23.14% compared to the Sensex's 5.62%.

What is the technical trend for Ashirwad Steels?

As of May 16, 2025, Ashirwad Steels shows a mildly bearish trend overall, with daily moving averages indicating bearishness, while mixed signals from weekly and monthly indicators suggest a cautious approach.

As of 16 May 2025, the technical trend for Ashirwad Steels has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend, while the weekly MACD and KST show a mildly bullish signal. However, the monthly MACD and KST are mildly bearish, and both the weekly and monthly Bollinger Bands confirm a bearish outlook. The Dow Theory indicates a mildly bullish trend on the weekly chart but shows no trend on the monthly. Overall, the mixed signals suggest a cautious approach, with the bearish indicators outweighing the bullish ones in the current context.

Who are in the management team of Ashirwad Steels?

As of March 2022, the management team of Ashirwad Steels includes Puranmal Agarwal (Director), Dalbir Chhibbar (Managing Director), Sushma Chhibbar (Director), Vishesh Chhibbar (Executive Director), Neeraj Chhabra (Independent Director), Baninder Singh Sahni (Chairman & Independent Director), and Sonal Agarwal (Company Secretary & Compliance Officer), with Dalbir Chhibbar earning a remuneration of 38.0 lacs INR.

As of March 2022, the management team of Ashirwad Steels includes the following individuals:<BR><BR>1. Puranmal Agarwal - Director<BR>2. Dalbir Chhibbar - Managing Director<BR>3. Sushma Chhibbar - Director<BR>4. Vishesh Chhibbar - Executive Director<BR>5. Neeraj Chhabra - Independent Director<BR>6. Baninder Singh Sahni - Chairman & Independent Director<BR>7. Sonal Agarwal - Company Secretary & Compliance Officer<BR><BR>Dalbir Chhibbar is the only member with a specified remuneration, which is 38.0 lacs INR.

Who are the top shareholders of the Ashirwad Steels?

The top shareholders of Ashirwad Steels include Sohini Suppliers Private Limited with 18.69%, individual investors with 18.75%, and Ravi Business Services Pvt. Ltd. as the highest public shareholder at 3.3%. There are no pledged promoter holdings or foreign institutional investors involved.

The top shareholders of Ashirwad Steels are primarily the promoters, with Sohini Suppliers Private Limited holding the largest stake at 18.69%. Individual investors collectively own 18.75% of the shares. The highest public shareholder is Ravi Business Services Pvt. Ltd., which holds 3.3%. There are currently no pledged promoter holdings, and the company does not have any foreign institutional investors (FIIs) involved. Additionally, there is one mutual fund scheme that holds a small percentage of 0.07%.

When is the next results date for Ashirwad Steels?

The next results date for Ashirwad Steels is August 8, 2025.

The next results date for Ashirwad Steels is scheduled for August 8, 2025.

Are Ashirwad Steels latest results good or bad?

Ashirwad Steels' latest results are poor, with net sales down 51.81% and net profit down 30.56% for the quarter ending June 2025. The stock is rated as a 'Strong Sell' by MarketsMOJO, indicating a cautious outlook for the company.

The latest results for Ashirwad Steels indicate a challenging quarter. The company reported a significant decline in key financial metrics for the quarter ending June 2025. Net sales dropped by 51.81% compared to the previous quarter, and standalone net profit decreased by 30.56%. Additionally, the operating profit saw a drastic decline of 81.40%. <BR><BR>Given these figures, the overall performance can be characterized as poor, especially in light of the previous quarter's growth rates. The stock call from MarketsMOJO of 'Strong Sell' further reflects a cautious outlook on the company's future performance. This suggests that stakeholders should be wary as Ashirwad Steels navigates a competitive environment in the iron and steel products sector.

How has been the historical performance of Ashirwad Steels?

Ashirwad Steels has experienced significant fluctuations in financial performance, with net sales declining from 8.18 Cr in Mar'20 to 1.80 Cr by Mar'25, while operating profit improved from a loss of -6.06 Cr to a profit of 3.17 Cr in the same period. Despite challenges in revenue generation, the company has shown a recovery in profitability metrics recently.

Answer:<BR>The historical performance of Ashirwad Steels shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Ashirwad Steels' net sales have varied, peaking at 8.18 Cr in Mar'20 and declining to 1.80 Cr by Mar'25. Total operating income followed a similar trend, with a high of 8.18 Cr in Mar'20 and a decrease to 1.80 Cr in Mar'25. The company experienced substantial losses in operating profit, reaching a low of -6.06 Cr in Mar'20, but improved to a profit of 3.17 Cr by Mar'25. Profit before tax also showed volatility, with a peak of 18.66 Cr in Mar'23 and a drop to 3.10 Cr in Mar'25. Profit after tax mirrored this trend, decreasing from 16.77 Cr in Mar'23 to 2.30 Cr in Mar'25. The company's total assets increased from 58.77 Cr in Mar'20 to 82.95 Cr in Mar'25, while total liabilities rose from 58.77 Cr to 82.95 Cr in the same period. Cash flow from operating activities fluctuated, with a notable decline to -4.00 Cr in Mar'25, contrasting with a positive cash flow of 16.00 Cr in Mar'23. Overall, Ashirwad Steels has shown a recovery in profitability metrics in recent years, despite the challenges faced in revenue generation.

Should I buy, sell or hold Ashirwad Steels?

Which are the latest news on Ashirwad Steels?

Why is Ashirwad Steels falling/rising?

As of 16-Dec, Ashirwad Steels & Industries Ltd's stock price is Rs 28.00, down 3.18%, reflecting a significant year-to-date decline of 35.45%. The stock's recent performance shows bearish trends, including trading below key moving averages and decreased investor participation.

As of 16-Dec, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at Rs 28.00, reflecting a change of -0.92 (-3.18%). This downward movement can be attributed to several factors. Over the past week, the stock has decreased by 0.99%, while the benchmark Sensex has remained relatively stable with a slight increase of 0.02%. The stock's performance over the past month shows a significant decline of 8.85%, contrasting with a modest gain of 0.14% for the Sensex.<BR><BR>Year-to-date, Ashirwad Steels has seen a substantial drop of 35.45%, while the Sensex has increased by 8.37%. This trend continues over the past year, where the stock has fallen by 30.62% compared to a 3.59% rise in the Sensex. Although the stock has performed well over a longer period, with a 19.91% increase over three years and a remarkable 131.02% rise over five years, the recent performance indicates a troubling trend.<BR><BR>Today's trading activity shows that the stock is close to its 52-week low, being just 3.46% away from Rs 27.03. Additionally, the stock has underperformed its sector by 1.69% today and has fallen after two consecutive days of gains, suggesting a reversal in trend. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment among investors. Furthermore, there has been a notable decrease in investor participation, with a delivery volume drop of 19.6% compared to the 5-day average. This decline in trading activity points to reduced interest in the stock, contributing to its falling price. Overall, these factors collectively explain the current decline in Ashirwad Steels' stock price.