Anchal Ispat

Howrah, India Founded: 1996 • Age: 30 yrs Listed

Contract manufacturer of steel bars

Page last updated 24 Jul 2026

About Anchal Ispat

Anchal Ispat is a publicly listed company based in Howrah (India) founded in 1996. Contract manufacturer of steel bars. The company has 81 employees. Its Indian entity Aanchal Ispat Limited reported revenue of ₹101 Cr. Anchal Ispat offers products and services including TMT Bars and Mild Steel Products. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.

Company details

Anchal Ispat was established in 1996 in Howrah, India, as a contract manufacturer within the steel sector. Steel bars are produced according to client specifications, with operations centered on efficient production processes. Services include customized manufacturing for industrial applications, supported by facilities in the Howrah region. The companys online presence is maintained through the domain aanchalispat.com, facilitating business inquiries and partnerships.

Headquarters Howrah, India
Employees 81
Stage Public
Sectors
Industrial Goods & Manufacturing
Website aanchalispat.com
Legal Name Aanchal Ispat Limited

Operational Areas

Industrial Goods & Manufacturing → Contract & Outsourced Manufacturing

Key Metrics

Market Cap
₹23.90 Cr
AANCHALISP · BSE
Share Price
₹57.00
+0.96% today
Revenue
₹98.76 Cr
FY 2025-26 · -34.7% YoY
EBITDA
₹0.83 Cr
Margin 0.8%
Net Profit
₹2.00 Cr
FY 2025-26 · +335.3% YoY
P/E (TTM)
9.5x
P/B 1.6x
ROE
34.7%
ROCE 7.5%
Debt / Equity
0.15
Interest cover 14.3x
Employee Count
81

Associated legal entities of Anchal Ispat

Anchal Ispat operates through Aanchal Ispat Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.

Legal entity	Status	Incorporated	Registered in	Revenue (FY 2026)	Employees	Directors	Company page
Aanchal Ispat Limited Listed CIN L27106WB1996PLC076866	Active	30 Jan 1996	Howrah, West Bengal	₹101 Cr	81	6	View details

Products & Services of Anchal Ispat

Anchal Ispat offers a comprehensive portfolio of products and services, including TMT Bars and Mild Steel Products.

TMT Bars

Construction Materials

TMT bars are produced for reinforcement in concrete structures, featuring high strength and ductility that are utilized in bridges, buildings, and industrial projects.

Mild Steel Products

Steel Products

Mild steel products such as angles, channels, rounds, and flats are manufactured for general construction and structural applications across various sizes.

Board of directors of Aanchal Ispat Limited (Anchal Ispat)

Aanchal Ispat Limited is the primary company behind Anchal Ispat. The board of Aanchal Ispat Limited currently have 4 directors; the longest-serving is Manoj Goel, appointed in 2009. 19 earlier directors have ceased.

Director	Designation	Appointed	Tenure	Entity
Manoj Goel DIN 00554986	Director	23 Dec 2009	16 yrs 10 mo	Aanchal Ispat Limited
Mukesh Goel DIN 00555061	Managing Director	10 Apr 2025	1 yr 7 mo	Aanchal Ispat Limited
Nilu Nigania DIN 08203037	Director	10 Apr 2025	1 yr 7 mo	Aanchal Ispat Limited
Amit Kumar Agarwalla DIN 01779785	Director	10 Sep 2025	1 yr 2 mo	Aanchal Ispat Limited

IPO & Listings of Anchal Ispat

Anchal Ispat is a publicly listed company on the BSE with ticker symbol AANCHALISP in India. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

IPO date12 Oct 2014
Listed onBSE: 538812
Listed entityAanchal Ispat Limited
ISININE322R01022
Share price₹51.29 (+4.99% on the day) · 2026-10-14
Market capitalisation₹20.7 Cr
Price to earnings5.9
EPS (diluted, trailing year)₹8.68
Volume (last session)31,301

Financials of Anchal Ispat

Exchange-reported figures of Aanchal Ispat Limited, the listed company behind Anchal Ispat (BSE: AANCHALISP).

Financial Highlights

FY 2025-26 · Standalone

Revenue

₹98.76 Cr

-34.7% YoY

EBITDA

₹0.83 Cr

+101.5% YoY

Profit After Tax

₹2.00 Cr

+335.3% YoY

Net Worth

₹8.19 Cr

+137.4% YoY

Total Assets

₹36.22 Cr

-1.5% YoY

Total Debt

₹1.69 Cr

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	98.76	151	109	194	170	121	170
Revenue growth	-34.7%	+38.2%	-43.7%	+14.1%	+40.5%	-29.0%	-
EBITDA	0.83	(56.80)	(3.44)	(22.83)	(3.06)	(2.28)	(4.23)
EBITDA margin	+0.8%	-37.6%	-3.2%	-11.8%	-1.8%	-1.9%	-2.5%
Profit before tax	2.70	(17.91)	(7.54)	(30.47)	(5.90)	(6.37)	(8.32)
Net profit	2.00	(0.85)	(6.07)	(23.65)	(4.67)	(5.39)	(8.23)
Net profit margin	+2.0%	-0.6%	-5.6%	-12.2%	-2.8%	-4.5%	-4.8%
EPS (₹)	7.13	(6.43)	(3.00)	(11.25)	(2.24)	(2.58)	(3.97)
Balance sheet
Total assets	36.22	36.78	101	104	125	121	118
Net worth	8.19	3.45	16.82	23.21	46.80	50.47	55.99
Total debt	1.69	0.00	84.11	80.89	77.92	70.81	61.78
Cash & bank	6.04	3.43	6.13	0.20	2.82	0.34	2.65
Net working capital	(1.23)	(1.77)	66.55	70.26	97.24	95.66	92.00
Cash flow
Cash from operations	(1.78)	(2.68)	6.30	2.20	0.00	(4.54)	(16.89)
Cash from investing	(0.03)	0.17	(0.07)	(0.15)	0.00	(0.07)	(0.53)
Cash from financing	4.41	(0.19)	(0.30)	(4.67)	0.00	2.29	11.19

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	24.76	38.37	19.42	18.30	22.67	34.60	33.80	38.74
Revenue growth (YoY)	+9.2%	+10.9%	-42.5%	-52.8%	-48.5%	-	-	-
Other income	0.61	1.94	0.06	0.48	0.05	0.03	0.04	0.00
Total expenses	24.67	38.25	18.75	18.42	22.51	51.92	33.90	38.77
EBITDA	0.09	0.12	0.67	(0.12)	0.16	(17.32)	(0.10)	(0.03)
EBITDA margin	+0.4%	+0.3%	+3.5%	-0.7%	+0.7%	-50.1%	-0.3%	-0.1%
Depreciation	0.14	0.15	0.16	0.16	0.15	0.26	0.13	0.13
Interest	0.01	0.02	0.00	0.00	0.00	0.00	0.02	0.00
Profit before tax	0.55	1.89	0.57	0.20	0.06	(17.55)	(0.21)	(0.16)
Tax	0.00	0.70	0.00	(0.01)	0.01	(4.51)	0.00	0.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	24.76	38.37	19.42	18.30	22.67	34.60	33.80	38.74
Revenue growth (YoY)	+9.2%	+10.9%	-42.5%	-52.8%	-48.5%	-	-	-
Other income	0.61	1.94	0.06	0.48	0.05	0.03	0.04	0.00
Total expenses	24.67	38.25	18.75	18.42	22.51	51.92	33.90	38.77
EBITDA	0.09	0.12	0.67	(0.12)	0.16	(17.32)	(0.10)	(0.03)
EBITDA margin	+0.4%	+0.3%	+3.5%	-0.7%	+0.7%	-50.1%	-0.3%	-0.1%
Depreciation	0.14	0.15	0.16	0.16	0.15	0.26	0.13	0.13
Interest	0.01	0.02	0.00	0.00	0.00	0.00	0.02	0.00
Profit before tax	0.55	1.89	0.57	0.20	0.06	(17.55)	(0.21)	(0.16)
Tax	0.00	0.70	0.00	(0.01)	0.01	(4.51)	0.00	0.00

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	98.76	151	109	194	170	121	170
Revenue growth	-34.7%	+38.2%	-43.7%	+14.1%	+40.5%	-29.0%	-
Other income	2.52	39.55	0.04	0.68	4.36	3.27	1.80
Total expenses	97.93	208	113	217	173	123	175
Employee cost	2.57	2.34	2.37	1.74	1.24	1.12	1.51
EBITDA	0.83	(56.80)	(3.44)	(22.83)	(3.06)	(2.28)	(4.23)
EBITDA margin	+0.8%	-37.6%	-3.2%	-11.8%	-1.8%	-1.9%	-2.5%
Depreciation	0.62	0.64	0.63	0.64	0.62	0.62	0.74
Interest	0.03	0.02	3.51	7.68	6.58	6.74	5.15
Profit before tax	2.70	(17.91)	(7.54)	(30.47)	(5.90)	(6.37)	(8.32)
Tax	0.70	(4.51)	(1.29)	(7.02)	(1.23)	(0.98)	(0.03)
Net profit	2.00	(0.85)	(6.07)	(23.65)	(4.67)	(5.39)	(8.23)
Net profit margin	+2.0%	-0.6%	-5.6%	-12.2%	-2.8%	-4.5%	-4.8%
EPS (₹)	7.13	(6.43)	(3.00)	(11.25)	(2.24)	(2.58)	(3.97)

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	2.83	20.85	20.85	20.85	20.85	20.85	20.85
Reserves & surplus	5.36	(17.40)	(4.03)	2.36	25.95	29.62	35.14
Shareholders' funds (net worth)	8.19	3.45	16.82	23.21	46.80	50.47	55.99
Secured loans	0.00	0.00	84.11	80.89	77.92	70.81	61.09
Unsecured loans	1.69	0.00	0.00	0.00	0.00	0.00	0.69
Total debt	1.69	0.00	84.11	80.89	77.92	70.81	61.78
Total liabilities	-	-	101	104	125	121	118
Assets
Gross block	35.10	34.86	34.86	25.92	34.66	33.74	34.13
Net block	23.54	23.91	24.56	25.28	25.90	25.73	26.41
Capital work in progress	0.48	0.48	0.48	0.48	0.47	0.00	0.00
Investments	0.14	0.16	0.12	0.09	0.09	0.09	0.09
Inventories	9.33	9.62	11.78	16.15	17.00	20.94	14.40
Sundry debtors	10.11	5.62	56.49	54.64	76.84	73.38	77.47
Cash & bank balances	6.04	3.43	6.13	0.20	2.82	0.34	2.65
Loans & advances	5.99	1.62	7.94	6.28	10.19	11.48	7.53
Total current assets	31.47	20.29	82.34	77.27	107	106	102
Total current liabilities	32.70	22.06	15.79	7.01	9.61	10.48	10.05
Net working capital	(1.23)	(1.77)	66.55	70.26	97.24	95.66	92.00
Total assets	36.22	36.78	101	104	125	121	118

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	3.43	6.13	0.20	2.82	0.00	2.65	8.89
Net cash from operating activities	(1.78)	(2.68)	6.30	2.20	0.00	(4.54)	(16.89)
Net cash from investing activities	(0.03)	0.17	(0.07)	(0.15)	0.00	(0.07)	(0.53)
Net cash from financing activities	4.41	(0.19)	(0.30)	(4.67)	0.00	2.29	11.19
Net change in cash	2.60	(2.70)	5.93	(2.63)	0.00	(2.31)	(6.24)
Closing cash	6.04	3.43	6.13	0.20	2.82	0.34	2.65

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	-34.7%	+38.2%	-43.7%	+14.1%	+40.5%	-29.0%	-
EBITDA growth	+101.5%	-1551.2%	+84.9%	-646.1%	-34.2%	+46.1%	-
PBT growth	+9998.0%	-137.5%	+75.3%	-416.4%	+7.4%	+23.4%	-
Net income growth	+335.3%	+86.0%	+74.3%	-406.4%	+13.4%	+34.5%	-
Revenue CAGR (3Y)	-20.2%	-3.9%	-3.3%	+4.4%	-21.6%	-32.0%	-15.2%
EBITDA CAGR (3Y)	-	+164.8%	+14.7%	+75.4%	-	-	-
Profitability & leverage
Net income margin	+2.0%	-8.9%	-5.7%	-12.1%	-2.8%	-4.5%	-4.9%
Return on capital employed	+7.5%	0.0%	0.0%	0.0%	0.0%	0.0%	-3.3%
Return on net worth	+34.7%	0.0%	0.0%	0.0%	0.0%	0.0%	-19.9%
Debt / equity	0.15	36.73	41.98	4.73	2.46	1.91	1.29
Long-term debt / equity	0.00	0.00	14.17	3.98	-17,781.29	-15,501.25	0.02
Interest cover	14.29	-0.03	-86.24	-32.72	-178.80	-232.41	-103.62
Efficiency & per share
Fixed asset turnover	2.82	5.84	8.86	16.04	10.71	7.82	11.04
Inventory turnover	10.42	14.12	7.83	11.71	8.96	6.85	7.42
Debtors turnover	12.56	4.87	1.97	2.95	2.26	1.60	2.35
EPS (₹)	7.13	(6.43)	(3.00)	(11.25)	(2.24)	(2.58)	(3.97)
Dividend per share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per share (₹)	28.92	1.65	(0.56)	2.44	13.69	15.38	17.97

Top companies in Contract & Outsourced Manufacturing

3 companies that operate in the same segment as Anchal Ispat (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.

Company	Description	Founded	Location	Total funding	Revenue	Employees
Craftsman Automation	Industrial components, mould bases, and storage solutions are manufactured globally.	1986	Coimbatore, Tamil Nadu, India	USD 28 M	USD 853.09 M	43
KRYFS	Single- and three-phase transformers are manufactured in Mumbai.	1993	Mumbai, Maharashtra, India		USD 114.37 M	618
Gokaldas Exports	Apparel and clothing are manufactured and exported on contract.	1979	Bengaluru, Karnataka, India		USD 400 M	40,280

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Related news about Anchal Ispat

Aanchal Ispat standalone net profit rises 1000.00% in the June 2026 quarter | Capital Market News - Business Standard

Business Standard • 2 months ago

Q1 Results 14th Aug Live: Anupam Rasayan PAT up marginally, Ashok Leyland, NMDC, Alkem Lab, Bharat Dynamics, Voltas, 3M India, Cochin Shipyard, Physicswallah, Cholamandalam Fin, PTC Ind, Natco Pharma, Borosil to announce Q1 results, TMPV, Max Health lead Nifty 50 losers after Q1, Page Ind, Jubilant, LG Electronics, Honasa shares zoom - The HinduBusinessLine

Thehindubusinessline • 2 months ago

Q1 Results 14th Aug Highlights: BDL, Ashok Leyland, 3M India Q1 PAT rise y-o-y, Electrotherm, NATCO Pharma, Alkem Lab PAT decline, NMDC, Voltas, Cochin Shipyard, Physicswallah, PTC Ind, Borosil to announce Q1 results - The HinduBusinessLine

Thehindubusinessline • 2 months ago

Board of Aanchal Ispat appoints company secretary

Business Standard • 7 years ago

Board of Aanchal Ispat approves change in directorate

Business Standard • 8 years ago

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Frequently Asked Questions about Anchal Ispat

When was Anchal Ispat founded?

Anchal Ispat was founded in 1996.

Where is Anchal Ispat located?

Anchal Ispat is headquartered in Howrah, India. It is registered at Howrah, West Bengal, India.

How many employees does Anchal Ispat have?

Anchal Ispat has 81 employees.

What is the annual revenue of Anchal Ispat?

The primary company behind Anchal Ispat, Aanchal Ispat Limited, reported revenue of ₹101 Cr for FY 2026, down 35% year on year.

What does Anchal Ispat do?

What products or services does Anchal Ispat offer?

Anchal Ispat offers TMT Bars and Mild Steel Products.

Is Anchal Ispat publicly traded?

Yes, Anchal Ispat is publicly traded on BSE under the ticker symbol AANCHALISP.

Which legal entities are associated with Anchal Ispat?

Anchal Ispat operates through Aanchal Ispat Limited.

Who are the directors of Anchal Ispat?

The legal entities of Anchal Ispat currently have 6 directors, including Manoj Goel, Mukesh Goel, Mukesh Kumar Agarwal and others.