Ashirwad Steels & Industries Ltd Stock Price Today (NSE: ASHSI)

Ashirwad Steels & Industries Ltd

24.560.70 (2.77%)
Market Closed

Fundamental Score

...

Ashirwad Steels & Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ashirwad Steels & Industries Ltd share price today is 24.56, down 2.77% on NSE/BSE as of 23 June 2026. Ashirwad Steels & Industries Ltd (ASHSI) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of 38.07 (Cr). The 52-week high for ASHSI share price is 37.20 and the 52-week low is 17.00. At a P/E ratio of 16.48x, ASHSI is currently trading below its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 2.81% and a debt-to-equity ratio of 0.00.

Ashirwad Steels & Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
27.45
Low
23.00
Volume
1.4K
Change
-4.70%

Ashirwad Steels & Industries Ltd share price chart: -4.70% return over the past month. 52-week high ₹37.20, 52-week low ₹17.00.

Ashirwad Steels & Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
26.7926.7923.8024.562.73K (Cr)
23.8725.7023.8725.261.03K (Cr)
25.2325.2323.4023.641.03K (Cr)
24.8624.8624.0024.741.04K (Cr)
25.3025.3024.2124.861.34K (Cr)
26.4326.4324.2625.321.04K (Cr)
25.3726.6324.0025.911.12K (Cr)
25.4525.5524.0625.25586.00 (Cr)
25.7125.7123.1025.49517.00 (Cr)
24.7426.2524.5225.83803.00 (Cr)

Ashirwad Steels & Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
23.8726.7923.8024.56+2.89%
25.9826.6323.0023.64-9.01%
17.1027.9517.1025.22+47.49%
21.8324.9417.0017.10-21.67%
25.3827.9922.0022.28-12.21%
28.7130.0025.0026.90-6.30%
30.1930.9726.0328.57-5.37%
31.4931.9528.5030.33-3.68%
30.7232.4529.0530.32-1.30%
29.4937.2028.3131.35+6.31%
31.9332.4828.3128.34-11.24%
33.5634.9829.0131.94-4.83%

AI Research Briefing

Powered by Gemini · 2026-04-09

Micro-cap lender trading as steel company; business model unproven, avoid.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEConsolidation. 1M: 0.46%, 3M: 2.11%, 6M: -7.47%Cheap relative to industry P/E, but expensive given micro-cap status and business risk.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Ashirwad Steels sought clarification from the exchange on April 1, 2026, regarding significant price movement. The company is awaiting a response. Trading window closed on March 30, 2026, until the audited financial results for the quarter ended March 31, 2026, are published.

CORE STORY (THE REAL GAME)

Ashirwad Steels is no longer a steel manufacturer. It's an investment and lending company with LPG bottling operations. The market is likely mispricing it as a steel play.

Why Now
  • YoY profit growth
  • Low valuation
  • High promoter holding
Potential Catalysts
  • Improved lending environment
  • Successful LPG bottling operations
  • Increased investor awareness of business model
Key Risks
  • Illiquid micro-cap
  • Questionable lending business model
  • Negative sales CAGR
Institutional Activity

Promoter holding stable at 69.06%. No FII/DII activity.

Macro Context

Iron ore imports are projected to hit a seven-year peak by March 31, driven by a scarcity of high-grade ore and robust demand from JSW Steel.

Cash Flow Quality

Profit converting to cash, Free Cash Flow 5Y: ₹32.25 Cr

3–6 Month Outlook

Lending income is key. Watch for asset quality deterioration. LPG bottling needs scale.

Primary Thesis Risk

Lending defaults will wipe out equity.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.81%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.82%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

44.94%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Ashirwad Steels & Industries Ltd Valuation Check

Good

Price to Earnings (P/E)

16.48x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.05x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

69.06%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.07%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

21.57%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

71.43%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-12.07%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

38.58%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

38.58%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

106.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

32.25 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ashirwad Steels & Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASHSI across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Operating Margins (44.94%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 16.48 vs Industry: 22.05)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (21.57%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (71.43%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Excellent EPS Growth (38.58% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (38.58% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (106.00x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹32.25 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (69.06%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (2.81%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.82%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Limited Growth History (-12.07% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Limited Institutional Interest (FII+DII: 0.07%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Ashirwad Steels & Industries Ltd vs Iron & Steel Products Peers

Peer Comparison - Iron & Steel Products

Compare Ashirwad Steels & Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
64.8/100
25
₹38.07
16.5
Average
2.81%
Poor
3.82%
Poor
0.0
Excellent
38.58%
Excellent
-12.07%
Poor
0.00%
58.2/100
1868
₹48140.62
45.9
Average
18.95%
Good
22.36%
Excellent
0.2
Excellent
25.60%
Excellent
21.78%
Excellent
0.33%
68/100
976
₹22904.25
23.6
Average
8.99%
Poor
12.05%
Average
0.1
Excellent
21.75%
Excellent
28.17%
Excellent
0.55%
68.3/100
1353
₹22738.84
12.8
Average
18.59%
Good
21.24%
Excellent
0.2
Excellent
13.17%
Good
7.02%
Good
0.58%
68/100
2587
₹16673.81
27.5
Average
16.01%
Good
21.51%
Excellent
0.1
Excellent
12.03%
Good
14.94%
Good
0.59%
58.9/100
282
₹16393.58
22.1
Average
17.23%
Good
23.25%
Excellent
0.0
Excellent
36.29%
Excellent
10.43%
Good
0.42%
61.5/100
689
₹14229.55
28.9
Average
15.11%
Good
19.20%
Good
0.2
Excellent
77.96%
Excellent
37.76%
Excellent
0.21%
43.7/100
510
₹12879.99
30.5
Average
15.83%
Good
18.75%
Good
0.1
Excellent
-0.10%
Poor
10.03%
Good
0.71%
42.5/100
246
₹10658.72
7.8
Average
16.31%
Good
19.37%
Good
0.4
Excellent
23.92%
Excellent
12.37%
Good
1.20%
62/100
635
₹7894.79
10.1
Average
12.90%
Average
16.63%
Good
0.0
Excellent
36.46%
Excellent
14.78%
Good
1.70%
38.5/100
105
₹6850.49
18.2
Average
4.86%
Poor
12.59%
Average
0.9
Good
16.22%
Excellent
10.52%
Good
0.00%

Ashirwad Steels & Industries Ltd Quarterly Performance

Latest quarterly metrics for ASHSI — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

71.43%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

21.57%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-12.07%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

38.58%

Compounded annual net profit growth over 5 years

Ashirwad Steels & Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ASHSI — calculated from daily price history

42RSI 14
Neutral — RSI 42

Momentum is balanced — neither overbought nor oversold.

SMA 50
24
▲ Price above SMA 50 — Short-term bullish
SMA 200
28
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
2K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Ashirwad Steels & Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Ashirwad Steels & Industries Ltd (ASHSI) — sourced from NSE/BSE filings.

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Fetching financial data for Ashirwad Steels & Industries Ltd

About ASHSI (Ashirwad Steels & Industries Ltd)

Ashirwad Steels & Industries Ltd is a dynamic force within the Indian iron and steel landscape, specializing in the production and distribution of a comprehensive range of high-qua...lity iron and steel products. The company meticulously crafts everything from robust structural steel used in towering skyscrapers and vital infrastructure projects to specialized steel components demanded by the automotive and engineering sectors. Committed to delivering superior materials, ASHSI leverages cutting-edge manufacturing processes and rigorous quality control measures to ensure its products meet the stringent demands of modern construction and industrial applications. Their dedication extends beyond mere production; they prioritize building strong partnerships with clients, providing tailored solutions and expert support to meet diverse project requirements. ASHSI's strength lies in its vertically integrated operations, providing comprehensive control over the entire production chain. From sourcing premium raw materials to employing advanced manufacturing technologies, they ensure consistent quality and competitive pricing. This strategic advantage allows them to respond swiftly to market demands and customize products to meet specific customer needs. Furthermore, Ashirwad Steels & Industries Ltd is deeply committed to sustainable practices, minimizing its environmental footprint through efficient resource utilization and responsible waste management. This dedication to environmental stewardship reflects their broader commitment to responsible corporate citizenship and long-term value creation. With a well-established network spanning across India, Ashirwad Steels & Industries Ltd efficiently delivers its products to diverse locations, supporting critical infrastructure development and industrial growth nationwide. Their focus on innovation and continuous improvement ensures they remain at the forefront of the iron and steel industry, constantly seeking new ways to enhance product performance and streamline operations. By combining technical expertise with a customer-centric approach, ASHSI strives to be a reliable and valued partner, contributing to the success of its clients and the overall advancement of the Indian economy.

Company Details

Symbol:ASHSI
Industry:Iron & Steel Products
Sector:Iron & Steel Products

Key Leadership

Mr. Dalbir Chhibbar
MD & Director
Mr. Chandra Prakash Srivastava
Chief Financial Officer
Ms. Sonal Agarwal
Company Secretary & Compliance Officer

ASHSI Share Price: Frequently Asked Questions

What is the current share price of Ashirwad Steels & Industries Ltd?

Ashirwad Steels & Industries Ltd (ASHSI) trades at ₹24.56 on NSE and BSE. Market cap ₹38.07 (Cr). Educational data only.

What is the P/E ratio of Ashirwad Steels & Industries Ltd?

Ashirwad Steels & Industries Ltd has a P/E of 16.48x vs industry average 22.05x.

What is the Bull Run score for Ashirwad Steels & Industries Ltd?

Ashirwad Steels & Industries Ltd has a Bull Run score of 64.8/100 based on 25+ financial parameters.

Does Ashirwad Steels & Industries Ltd pay dividends?

Ashirwad Steels & Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Ashirwad Steels & Industries Ltd?

Ashirwad Steels & Industries Ltd has ROE of 2.81%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ashirwad Steels & Industries Ltd?

Ashirwad Steels & Industries Ltd has debt-to-equity of 0.00.

Is Ashirwad Steels & Industries Ltd a good investment?

Bull Run gives Ashirwad Steels & Industries Ltd a score of 64.8/100. This is not investment advice — consult a SEBI-registered advisor.