Ashoka Metcast Ltd Stock Price Today (NSE: ASHOKAMET)

Ashoka Metcast Ltd

15.610.03 (0.19%)
Market Closed

Fundamental Score

...

Ashoka Metcast Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ashoka Metcast Ltd share price today is 15.61, down 0.19% on NSE/BSE as of 19 June 2026. Ashoka Metcast Ltd (ASHOKAMET) is a Small-cap company in the Trading - Metals sector with a market capitalisation of 38.82 (Cr). The 52-week high for ASHOKAMET share price is 21.00 and the 52-week low is 12.13. At a P/E ratio of 6.05x, ASHOKAMET is currently trading below its industry average P/E of 25.69x. The company has a Return on Equity (ROE) of 2.96% and a debt-to-equity ratio of 0.28.

Ashoka Metcast Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
17.70
Low
15.25
Volume
29.1K
Change
-6.29%

Ashoka Metcast Ltd share price chart: -6.29% return over the past month. 52-week high ₹21.00, 52-week low ₹12.13.

Ashoka Metcast Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
15.7815.7815.5215.618.30K (Cr)
16.3416.3415.6115.6413.48K (Cr)
15.8116.1915.7115.7621.16K (Cr)
15.3016.1815.3015.8018.40K (Cr)
16.5016.6015.7115.7935.25K (Cr)
16.4816.4815.8315.955.80K (Cr)
15.8616.1015.6915.943.53K (Cr)
16.6416.6415.7015.8615.20K (Cr)
15.9016.2915.3715.7917.61K (Cr)
15.9016.6015.8016.0515.25K (Cr)

Ashoka Metcast Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
16.3416.3415.5215.61-4.47%
17.1117.7015.3015.76-7.89%
12.4417.4412.4416.33+31.27%
14.5015.5012.1312.23-15.66%
13.1017.5013.1015.22+16.18%
15.6415.8512.6013.79-11.83%
15.5017.4314.8615.64+0.90%
17.1918.2615.2815.77-8.26%
17.1617.6516.3017.09-0.41%
16.4221.0016.1017.16+4.51%
17.6718.7016.1316.42-7.07%
17.4019.3716.0017.51+0.63%

AI Research Briefing

Powered by Gemini · 2026-04-13

Microcap metal trader; bet on an infrastructure supercycle, but watch the exits.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEBreakdown; 1M: -8.43%, 3M: -4.11%, 6M: -8.48%.Cheap; P/E of 6.05x vs industry P/E of 25.69x.

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

Ashoka Metcast's stock has been volatile. On April 1, 2026, it fell to a 52-week low of However, the stock demonstrated intraday volatility of 6.67% on the same day. The company closed its trading window starting April 1, 2026, for 48 hours, pending the release of audited financial results for FY26. The company held a separate meeting of independent directors on March 23, 2026.

CORE STORY (THE REAL GAME)

Ashoka Metcast is a play on cyclical metal trading, leveraged to infrastructure and EV thematics, but faces significant execution risks and governance concerns.

Why Now
  • Anticipation of Q4 FY26 results with expected revenue and PAT growth.
  • Positive momentum in the overall metals sector.
  • Discounted valuation relative to industry peers.
Potential Catalysts
  • Strong Q4 FY26 earnings beat.
  • New order wins in the steel trading business.
  • Positive policy announcements related to infrastructure spending.
Key Risks
  • Weak long-term fundamentals and low ROCE.
  • Negative free cash flow.
  • Microcap liquidity risk.
Institutional Activity

Promoter holding is high at 53.65%, but no change in FII/DII holdings.

Macro Context

Government-led infrastructure spending supports steel demand, but import dependence and policy uncertainty remain headwinds.

Cash Flow Quality

No; Free Cash Flow 5Y: ₹-70.63 Cr.

3–6 Month Outlook

If Q4 results are strong, the stock could rally. However, long-term sustainability is questionable due to weak fundamentals.

Primary Thesis Risk

Poor fundamentals and governance concerns could lead to a complete collapse.

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

Returns & Performance

Poor

Return on Equity (ROE)

2.96%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.83%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

7.71%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Ashoka Metcast Ltd Valuation Check

Excellent

Price to Earnings (P/E)

6.05x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

25.69x

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

53.65%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-14.94%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-63.64%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.12%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

114.78%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

154.45%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.28x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

5.23x

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

Free Cash Flow (5-Year Total)

-70.63 (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

Ashoka Metcast Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

8 factors identified

Attractive Valuation (P/E: 6.05 vs Industry: 25.69)

Observation: Trading at discount to industry peers.

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

Consistent Growth Track Record (12.12% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (114.78% CAGR)

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

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

Strong Profit Growth Track Record (154.45% CAGR)

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

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

Conservative Debt Levels (D/E: 0.28)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (5.23x)

Observation: Earnings comfortably cover interest obligations.

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

Balanced Promoter Holding (53.65%)

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

6 factors identified

Below-Average Return on Equity (2.96%)

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 (3.83%)

Observation: Returns on capital employed are below expectations.

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

Profit Decline Concern (-14.94%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-63.64%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Negative Free Cash Flow (₹-70.63 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

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.

Ashoka Metcast Ltd vs Trading - Metals Peers

Peer Comparison - Trading - Metals

Compare Ashoka Metcast Ltd with 8 other companies in the same sector

9 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
41.9/100
16
₹38.82
6.0
Average
2.96%
Poor
3.83%
Poor
0.3
Excellent
154.45%
Excellent
12.12%
Good
0.00%
27.2/100
75
₹8213.79
29.1
Average
2.48%
Poor
5.97%
Poor
0.2
Excellent
148.93%
Excellent
382.34%
Excellent
0.18%
17.7/100
601
₹4435.87
37.0
Average
9.01%
Poor
11.33%
Average
0.2
Excellent
0.00%
54.6/100
381
₹785.58
22.3
Average
13.13%
Average
14.45%
Average
0.8
Good
82.00%
Excellent
26.52%
Excellent
0.08%
22.7/100
63
₹418.00
33.1
Average
14.20%
Average
19.17%
Good
0.1
Excellent
0.00%
53.2/100
430
₹258.29
14.60%
Average
36.97%
Excellent
0.0
Excellent
53.06%
Excellent
36.88%
Excellent
0.00%
30.2/100
9
₹134.94
-1.44%
Poor
3.00%
Poor
0.6
Good
6.34%
Good
110.02%
Excellent
0.00%
35.9/100
92
₹39.22
11.2
Average
7.37%
Poor
10.37%
Average
0.0
Excellent
2.64%
Average
94.65%
Excellent
0.00%
54.1/100
31
₹22.29
12.7
Average
19.89%
Good
23.02%
Excellent
1.5
Average
18.90%
Excellent
-15.49%
Poor
0.00%

Ashoka Metcast Ltd PE Ratio History

Historical price-to-earnings ratio for ASHOKAMET — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20252.94₹15.645.3x
FY 20241.92₹23.2312.1x
FY 20231.29₹34.5026.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Ashoka Metcast Ltd Quarterly Performance

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

Revenue Growth (YoY)

-63.64%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-14.94%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.12%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

154.45%

Compounded annual net profit growth over 5 years

Ashoka Metcast Ltd Technical Indicators

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

24RSI 14
Oversold — RSI 24

Selling pressure is heavy — potential reversal zone.

SMA 50
15
▲ Price above SMA 50 — Short-term bullish
SMA 200
16
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
29K shares/day
Average daily traded volume over last 30 trading sessions

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

Ashoka Metcast Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Ashoka Metcast Ltd (ASHOKAMET) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Ashoka Metcast Ltd

About ASHOKAMET (Ashoka Metcast Ltd)

Ashoka Metcast Ltd is a dynamic player in the Indian metals trading landscape, specializing in the sourcing and distribution of a diverse range of ferrous products. Situated in the... industrial heartland of Ahmedabad, the company acts as a crucial link in the supply chain, connecting manufacturers with end-users across the nation. Ashoka Metcast focuses on procuring and delivering essential metal commodities, ensuring businesses have access to the raw materials they need for construction, infrastructure development, and manufacturing processes. Their core business revolves around the efficient and reliable movement of metals, underpinned by a commitment to quality and timely delivery, enabling them to build lasting relationships with suppliers and customers alike. The company's portfolio includes a spectrum of metal products, from versatile long steel products to various structural forms. This extensive range allows Ashoka Metcast to cater to the diverse requirements of its client base, which spans industries like construction, engineering, and fabrication. Beyond just trading, Ashoka Metcast emphasizes building strong partnerships through its sourcing proficiency. The company navigates market complexities effectively to provide competitive rates. The company's operations are supported by a logistical network that enables it to reach clients across the Indian subcontinent, reinforcing their role as a trusted partner for businesses. Ashoka Metcast's commitment extends beyond simple transactions. The company positions itself as a trusted intermediary, actively managing the flow of metals to support India's industrial growth. Operating from a strategically advantageous location, Ashoka Metcast demonstrates a strong understanding of local market dynamics and supply chain intricacies. By leveraging this knowledge and prioritizing customer satisfaction, Ashoka Metcast continues to solidify its position as a key player in the Indian metals trading sector, contributing to the efficiency and stability of the market.

Company Details

Symbol:ASHOKAMET
Industry:Trading - Metals
Sector:Trading - Metals

Key Leadership

Mr. Ashok Chinubhai Shah B.S. Chem., I.JSA
MD & Director
Mr. Harshil Nilesh Vyas
Chief Financial Officer
Ms. Riddhi Mit Shah
Company Secretary & Compliance Officer

ASHOKAMET Share Price: Frequently Asked Questions

What is the current share price of Ashoka Metcast Ltd?

Ashoka Metcast Ltd (ASHOKAMET) trades at ₹15.61 on NSE and BSE. Market cap ₹38.82 (Cr). Educational data only.

What is the P/E ratio of Ashoka Metcast Ltd?

Ashoka Metcast Ltd has a P/E of 6.05x vs industry average 25.69x.

What is the Bull Run score for Ashoka Metcast Ltd?

Ashoka Metcast Ltd has a Bull Run score of 41.9/100 based on 25+ financial parameters.

Does Ashoka Metcast Ltd pay dividends?

Ashoka Metcast Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Ashoka Metcast Ltd?

Ashoka Metcast Ltd has ROE of 2.96%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ashoka Metcast Ltd?

Ashoka Metcast Ltd has debt-to-equity of 0.28.

Is Ashoka Metcast Ltd a good investment?

Bull Run gives Ashoka Metcast Ltd a score of 41.9/100. This is not investment advice — consult a SEBI-registered advisor.