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Ashoka Metcast Limited (ASHOKAMET) Price & Analysis

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ASHOKAMET Stock Chart & Stats

₹15.05

₹0.07(0.32%)

At close: Jan 09 4:00 PM EST

₹15.05

₹0.07(0.32%)

Day’s Range― - ―

52-Week Range₹11.50 - ₹21.11

Previous CloseN/A

Volume13.00K

Average Volume (3M)39.16K

Market Cap

₹347.94M

Enterprise Value₹944.85M

Total Cash (Recent Filing)₹17.88M

Total Debt (Recent Filing)₹577.28M

Price to Earnings (P/E)2.4

Beta1.32

Next Earnings

Nov 06, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)4.68

Shares Outstanding24,996,000

10 Day Avg. Volume3,134

30 Day Avg. Volume39,160

Financial Highlights & Ratios

PEG Ratio0.02

Price to Book (P/B)0.19

Price to Sales (P/S)0.84

P/FCF Ratio-1.08

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Profitability ImprovementThe large increase in net income and generally stronger margins show improved earnings capacity from a low base. If maintained, this can strengthen retained capital and support reinvestment, although uneven revenue still requires validation.

Expanded Equity BaseA substantially larger equity base provides greater loss-absorption capacity and can support working capital or expansion. This improves structural resilience, although the benefit is partly offset by the sharp increase in debt during 2026.

Demonstrated Cash Generation CapacityThe strong 2024 operating and free cash flow results show that the business has previously been able to convert operations into funding. Re-establishing that capability could reduce reliance on borrowing and improve financial flexibility.

Bears Say

Persistent Negative Cash FlowRepeated negative operating and free cash flow indicates that reported earnings are not consistently converting into liquidity. This can constrain investment, increase dependence on external funding, and raise solvency risk if weak conversion persists.

Sharp Debt IncreaseThe abrupt rise in borrowing materially reduces financial flexibility, especially alongside weak cash generation. Higher debt service and refinancing needs could pressure future investment and make the company more vulnerable to operating volatility.

Volatile Revenue TrajectoryRepeated top-line declines make it harder to assess the durability of recent profit improvement and may limit operating leverage. Uneven demand or execution can weaken margins and cash generation, particularly while borrowing is rising.

Ashoka Metcast Limited News

Ashoka Metcast Names New Company Secretary and Compliance Officer

The latest announcement is out from Ashoka Metcast Limited ( ($IN:ASHOKAMET) ). Ashoka Metcast Limited’s board has approved...

29d ago

Ashoka Metcast Publishes Audited FY26 Results in Newspapers

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has issued an announcement. Ashoka Metcast Limited has announced that it has...

4M ago

Ashoka Metcast Limited Strengthens Board with New Appointment

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) just unveiled an announcement. Ashoka Metcast Limited announced the appointment of Mr....

9M ago

Ashoka Metcast Limited Appoints New Independent Director

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) just unveiled an update. Ashoka Metcast Limited has announced the appointment of...

9M ago

Ashoka Metcast Announces Resignation of Independent Director

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has shared an announcement. Ashoka Metcast Limited has announced the resignation of...

11M ago

Ashoka Metcast Limited Announces 16th AGM and Key Appointments

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has shared an announcement. Ashoka Metcast Limited has announced the scheduling of...

12M ago

Ashoka Metcast Secures Approval to Boost Share Capital

An update from Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) is now available. Ashoka Metcast Limited has successfully passed...

1y ago

Ashoka Metcast Limited Increases Authorised Share Capital to Rs. 95 Crore

Ashoka Metcast Limited ( ($IN:ASHOKAMET) ) has provided an announcement. Ashoka Metcast Limited has announced an amendment to...

1y ago

ASHOKAMET FAQ

What was Ashoka Metcast Limited’s price range in the past 12 months?

Ashoka Metcast Limited lowest stock price was ₹11.50 and its highest was ₹21.11 in the past 12 months.

What is Ashoka Metcast Limited’s market cap?

Ashoka Metcast Limited’s market cap is ₹347.94M.

When is Ashoka Metcast Limited’s upcoming earnings report date?

Ashoka Metcast Limited’s upcoming earnings report date is Nov 06, 2026 which is in 71 days.

How were Ashoka Metcast Limited’s earnings last quarter?

Currently, no data Available

Is Ashoka Metcast Limited overvalued?

According to Wall Street analysts Ashoka Metcast Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Ashoka Metcast Limited pay dividends?

Ashoka Metcast Limited does not currently pay dividends.

What is Ashoka Metcast Limited’s EPS estimate?

Ashoka Metcast Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Ashoka Metcast Limited have?

Ashoka Metcast Limited has 24,996,000 shares outstanding.

What happened to Ashoka Metcast Limited’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Ashoka Metcast Limited?

Currently, no hedge funds are holding shares in IN:ASHOKAMET

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Ashoka Metcast Limited

Ashoka Metcast Limited, founded in 2009, is headquartered in Ahmedabad, India. The company's primary activities revolve around the purchase and sale of steel, alongside a variety of other goods and merchandise, predominantly within the Gujarat area. Its product line encompasses items such as TMT bars, angles, MS bars, and channels.