Ashoka Metcast Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L70101GJ2009PLC057642 Incorporated 29 July 2009 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 540923 Public Limited Company metals and minerals
Data last updated
Revenue · FY 2025
₹43.54 Cr
▼ 36.00% YoY
EBITDA · FY 2025
*****
▼ 5.00% YoY
Net profit · FY 2025
*****
▲ 14.00% YoY
Authorised capital
₹95 Cr
Registered with MCA
Paid-up capital
₹25 Cr
Issued & subscribed
Open charges
₹13 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Last financials
Mar 2025
Balance sheet date

About Ashoka Metcast Limited

Data last updated: 05 January 2026

Ashoka Metcast Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 29 July 2009, the company has been in operation for over 17 years.

Registered with ROC Ahmedabad under CIN U70101GJ2009PTC057642. Listed on BSE: 540923.

Capital: an authorised share capital of ₹95 Cr and a paid-up capital of ₹25 Cr. Formerly known as Ashoka Metcast Private Limited and Ashoka Metal Industries Private Limited. It is led by directors including Ashok Chinubhai Shah and Shalin Ashok Shah.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹43.54 Cr, a decline of 36% compared to the previous year.

The company is associated with 1 brand - Ashoka Metcast. As per MCA filings, the company has open charges of ₹13 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashokametcast.in.

Company Details of Ashoka Metcast Limited
CIN L70101GJ2009PLC057642
Registration Number 057642
Incorporation Date 29 July 2009
ROC Ahmedabad
Listing Status Listed (BSE: 540923)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    7Th Floor Ashoka Chambers Opp.Hcg Hospital Mithakhali Six Roads, Mithakhali, Ahmedabad, Gujarat, India – 380006
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Company report
Ashoka Metcast Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Ashoka Metcast Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Ashoka Metcast Limited

Ashoka Metcast Limited has undergone 4 name changes throughout its history. The current legal name is Ashoka Metcast Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Ashoka Metcast Limited Current
Ashoka Metcast Private Limited Previous
Ashoka Metal Industries Private Limited Previous
Ashoka Metals Private Limited Previous
Tanya Estates Private Limited Previous

CIN History of Ashoka Metcast Limited

Ashoka Metcast Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70101GJ2009PLC057642, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L70101GJ2009PLC057642 Current
U70101GJ2009PTC057642 Previous
U70101GJ2009PLC057642 Previous

Associated Brands with Ashoka Metcast Limited

Ashoka Metcast Limited operates one associated brand: Ashoka Metcast. These brands represent Ashoka Metcast Limited's diversified market presence and brand portfolio.

Brand Description Website
Steel products manufacturer ashokametcast.in

Business Activity of Ashoka Metcast Limited

Ashoka Metcast Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading *********

Board of Directors of Ashoka Metcast Limited

Ashoka Metcast Limited is currently managed by 7 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ashok Chinubhai Shah Managing Director 23 Oct 2017 8 Years 8 Months Current
Shalin Ashok Shah Director 29 Jul 2009 16 Years 11 Months Current
Hiteshkumar Madhubhai Donga Director 06 Apr 2023 3 Years 3 Months Current
Rushabh Rajnikantbhai Shah Director 06 Apr 2023 3 Years 3 Months Current
Deepti Ghanshyam Gavali Director 11 Aug 2023 2 Years 11 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Ashoka Metcast Limited FY 2025 filings available

Ashoka Metcast Limited reported revenue of ₹43.54 Cr (down 36% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹43.54 Cr ▼ -36%
Profit
***** ▲ 14%
EBITDA
***** ▼ -5%
Metrics
*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
*****
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
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Managerial Remuneration
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Audit Fees
*****
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Insurance
*****
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Power & Fuel
*****
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Interest
*****
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Depreciation
*****
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
*****
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Extraordinary Items
*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
*****
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Net Margin %
*****
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
*****
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Other Non-Current Liabilities
*****
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Long-Term Provisions
*****
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Current Liabilities
Total Current Liabilities
*****
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Short-Term Borrowings
*****
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Trade Payables
*****
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Other Current Liabilities
*****
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
*****
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LT Loans & Advances
*****
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Other Non-Current Assets
*****
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
*****
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
*****
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
*****
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Cash from Financing Activities (CFF)
Equity Issuance
*****
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
*****
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Metrics
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Liquidity
Current Ratio
*****
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Quick Ratio
*****
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Cash Ratio
*****
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Efficiency
Inventory Days
*****
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Debtor Days
*****
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Creditor Days
*****
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
*****
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Operating Margin %
*****
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ROE %
*****
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ROCE %
*****
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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*****
Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
*****
*****
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Solvency
D/E Ratio
*****
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*****
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ICR
*****
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*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Ashoka Metcast Limited

Open charges
₹13 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹13.00 Cr
Latest charge details
DateLenderAmountStatus
20 Jun 2020 Others ₹13 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Ashoka Metcast Limited

View historical data on people associated with Ashoka Metcast Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Ashoka Metcast Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Ashoka Metcast Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Ashoka Metcast Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Ashoka Metcast Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Ashoka Metcast Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Ashoka Metcast Limited

MSME Payment Delays by Ashoka Metcast Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Ashoka Metcast Limited

Subsidiaries & Group Companies of Ashoka Metcast Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ashoka Metcast Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Ashoka Metcast Limited

MCA Filings & Documents of Ashoka Metcast Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Ashoka Metcast Limited

Activity
26 Sep 2025
Ashoka Metcast Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Directors
13 Jun 2025
Riddhi Mit Shah was appointed as a Company Secretary on 13 Jun 2025 & has been associated with this company since 1 year 30 days.
Directors
08 Apr 2025
Vyas Harshil Nilesh was appointed as a CFO on 08 Apr 2025 & has been associated with this company since 1 year 3 months.
Activity
31 Mar 2025
Ashoka Metcast Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
11 Aug 2023
Deepti Ghanshyam Gavali was appointed as a Director on 11 Aug 2023 & has been associated with this company since 2 years 11 months.
Directors
06 Apr 2023
Hiteshkumar Madhubhai Donga was appointed as a Director on 06 Apr 2023 & has been associated with this company since 3 years 3 months.

Recent News on Ashoka Metcast Limited

Frequently Asked Questions about Ashoka Metcast Limited

Ashoka Metcast Limited is an active public limited company in the metals and minerals sector based in Ahmedabad, Gujarat, India. It was incorporated on 29 July 2009 (17+ years old) and is registered under CIN L70101GJ2009PLC057642. Listed on BSE: 540923.

Ashoka Metcast Limited reported revenue of ₹43.54 Cr for FY 2025 (down 36.00% YoY).

The current directors of Ashoka Metcast Limited are:

The primary industry of Ashoka Metcast Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.

Yes. Ashoka Metcast Limited is listed on BSE with code 540923.

Ashoka Metcast Limited can be reached at the registered office: 7Th Floor Ashoka Chambers Opp.Hcg Hospital Mithakhali Six Roads, Mithakhali, Ahmedabad, Gujarat, India – 380006, or through the website ashokametcast.in.

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