About Ashoka Metcast
Ashoka Metcast is a publicly listed company based in Ahmedabad (India) founded in 2009. Steel products manufacturer. Its Indian entity Ashoka Metcast Limited reported revenue of ₹37.32 Cr. Ashoka Metcast offers products and services including Metal Castings and Investor Services. Its focus areas include Chemicals and Materials, Metals and Alloys and Steel.
Company details
Ashoka Metcast was founded in 2009 and is based in Ahmedabad, India. Steel products such as TMT bars, angle bars, mild steel bars, and steel channels are produced by the company within the manufacturing sector. Operations focus on fabrication and supply of these materials for construction and industrial applications. Leadership is provided by Managing Director Shalin Shah, with the domain ashokametcast.in used for online presence.
- Headquarters Ahmedabad, India
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website ashokametcast.in
- Legal Name Ashoka Metcast Limited
- Market Cap₹34.84 Cr
ASHOKAMET · NSE
- Share Price₹14.15
+1.51% today
- Revenue₹27.70 Cr
FY 2025-26 · -28.9% YoY
- EBITDA₹6.47 Cr
Margin 23.4%
- Net Profit₹10.79 Cr
FY 2025-26 · +239.3% YoY
- P/E (TTM)2.7x
P/B 0.3x
Associated legal entities of Ashoka Metcast
Ashoka Metcast operates through Ashoka Metcast 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 |
|---|---|---|---|---|---|---|---|
| Ashoka Metcast Limited Listed CIN L70101GJ2009PLC057642 | Active | 29 Jul 2009 | Ahmedabad, Gujarat | ₹37.3 Cr | 2 | 7 | View details |
Products & Services of Ashoka Metcast
Ashoka Metcast offers a comprehensive portfolio of products and services, including Metal Castings and Investor Services.
Metal castings are produced for industrial applications and are managed through established processes.
Investor relations and compliance services are offered via designated agents to support operational needs.
Board of directors of Ashoka Metcast Limited (Ashoka Metcast)
Ashoka Metcast Limited is the primary company behind Ashoka Metcast. The board of Ashoka Metcast Limited currently have 5 directors; the longest-serving is Shalin Ashok Shah, appointed in 2009. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shalin Ashok Shah DIN 00297447 | Director | 29 Jul 2009 | 17 yrs 3 mo | Ashoka Metcast Limited |
| Ashok Chinubhai Shah DIN 02467830 | Managing Director | 23 Oct 2017 | 9 yrs | Ashoka Metcast Limited |
| Hiteshkumar Madhubhai Donga DIN 03393396 | Director | 06 Apr 2023 | 3 yrs 6 mo | Ashoka Metcast Limited |
| Rushabh Rajnikantbhai Shah DIN 09474282 | Director | 06 Apr 2023 | 3 yrs 6 mo | Ashoka Metcast Limited |
| Deepti Ghanshyam Gavali DIN 10272798 | Director | 11 Aug 2023 | 3 yrs 2 mo | Ashoka Metcast Limited |
People of Ashoka Metcast
1 people are tracked at Ashoka Metcast (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Ashoka Metcast
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Ashoka Metcast
Ashoka Metcast is a publicly listed company on the NSE with ticker symbol ASHOKAMET in India, operating in the Producer manufacturing sector. 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 date05 Feb 2018
- Listed onBSE: 540923 · NSE: ASHOKAMET
- Listed entityAshoka Metcast Limited
- Exchange sectorProducer manufacturing
- ISININE760Y01011
- Share price₹14.68 (+1.45% on the day) · 2026-10-14
- Market capitalisation₹36.6 Cr
- Volume (last session)25,821
Financials of Ashoka Metcast
Exchange-reported figures of Ashoka Metcast Limited, the listed company behind Ashoka Metcast (NSE: ASHOKAMET).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 27.70 | 38.96 | 66.25 | 50.44 | 67.03 | 54.30 | 21.99 |
| Revenue growth | -28.9% | -41.2% | +31.3% | -24.8% | +23.4% | +146.9% | - |
| EBITDA | 6.47 | 3.74 | 7.01 | 4.47 | 4.38 | 1.76 | 0.75 |
| EBITDA margin | +23.4% | +9.6% | +10.6% | +8.9% | +6.5% | +3.2% | +3.4% |
| Profit before tax | 13.83 | 6.09 | 6.49 | 4.07 | 2.78 | 0.18 | 0.12 |
| Net profit | 10.79 | 3.18 | 3.84 | 3.23 | 1.84 | 0.15 | 0.05 |
| Net profit margin | +39.0% | +8.2% | +5.8% | +6.4% | +2.8% | +0.3% | +0.2% |
| EPS (₹) | 6.05 | 2.19 | 1.92 | 1.29 | 1.19 | 0.14 | 0.02 |
| Balance sheet | |||||||
| Total assets | 192 | 134 | 128 | 123 | 64.94 | 44.60 | 37.77 |
| Net worth | 122 | 111 | 105 | 101 | 40.63 | 20.47 | 20.35 |
| Total debt | 57.73 | 14.94 | 15.78 | 15.75 | 20.90 | 23.31 | 14.60 |
| Cash & bank | 1.79 | 0.80 | 1.51 | 1.38 | 0.21 | 0.21 | 0.26 |
| Net working capital | 113 | 90.90 | 85.89 | 93.91 | 41.62 | 24.55 | 17.34 |
| Cash flow | |||||||
| Cash from operations | (17.18) | (6.27) | 15.90 | (46.33) | (14.58) | (7.84) | (10.05) |
| Cash from investing | 1.47 | 0.26 | (13.32) | (5.41) | (3.64) | (0.45) | (0.25) |
| Cash from financing | 16.71 | 5.30 | (2.45) | 52.91 | 18.21 | 8.25 | 9.79 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.07 | 10.35 | 6.69 | 5.21 | 5.45 | 6.49 | 6.88 | 14.33 |
| Revenue growth (YoY) | -25.3% | +59.5% | -2.8% | -63.6% | -51.6% | - | - | - |
| Other income | 4.63 | 2.77 | 3.17 | 2.53 | 1.14 | 3.66 | 0.54 | 0.94 |
| EBITDA | (0.74) | 2.41 | 2.44 | 1.11 | 0.51 | (3.17) | 2.17 | 3.85 |
| EBITDA margin | -18.2% | +23.3% | +36.5% | +21.3% | +9.4% | -48.8% | +31.5% | +26.9% |
| Depreciation | 0.18 | 0.40 | 0.15 | 0.15 | 0.15 | (0.11) | 0.26 | 0.35 |
| Interest | 0.33 | 0.32 | 0.34 | 0.38 | 0.39 | 0.37 | 0.40 | 0.57 |
| Profit before tax | 3.38 | 4.46 | 5.12 | 3.11 | 1.11 | 0.23 | 2.05 | 3.87 |
| Tax | 0.15 | 2.24 | 0.64 | 0.16 | 0.00 | (0.32) | 0.26 | 0.38 |
| Net profit | 3.23 | 2.22 | 4.48 | 2.95 | 1.11 | 0.55 | 1.79 | 3.49 |
| EPS (₹) | 1.29 | 2.62 | 1.80 | 1.18 | 0.45 | 0.22 | 0.72 | 1.39 |
| 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 | 3.26 | 1.80 | 1.48 | 2.68 | 0.00 | 2.21 | 1.98 |
| Revenue growth | +81.1% | +21.6% | -44.8% | - | -100.0% | +11.6% | - |
| EBITDA | (0.15) | (0.22) | (0.04) | (0.09) | (0.23) | 0.16 | 0.12 |
| EBITDA margin | -4.6% | -12.2% | -2.7% | -3.4% | - | +7.2% | +6.1% |
| Profit before tax | 0.67 | 2.71 | 1.24 | 0.09 | (0.09) | 0.00 | (0.04) |
| Net profit | 0.50 | 0.03 | (0.07) | 0.09 | (0.40) | 0.00 | (0.03) |
| Net profit margin | +15.3% | +1.7% | -4.7% | +3.4% | - | 0.0% | -1.5% |
| EPS (₹) | 0.20 | 0.96 | 0.37 | 0.04 | (0.06) | 0.00 | (0.03) |
| Balance sheet | |||||||
| Total assets | 56.17 | 39.67 | 37.28 | 36.35 | 37.60 | 22.07 | 24.28 |
| Net worth | 39.35 | 38.85 | 36.46 | 35.54 | 33.58 | 21.25 | 21.29 |
| Total debt | 16.00 | 0.00 | 0.00 | 0.00 | 3.20 | 0.00 | 0.17 |
| Cash & bank | 1.49 | 0.50 | 0.25 | 1.10 | 0.10 | 0.03 | 0.12 |
| Net working capital | 3.43 | 3.03 | 2.78 | 2.29 | 1.27 | 2.73 | 4.30 |
| Cash flow | |||||||
| Cash from operations | 0.54 | (0.26) | (1.69) | 0.09 | 1.59 | (0.36) | 1.78 |
| Cash from investing | (15.56) | 0.51 | 0.84 | 2.25 | (17.14) | 0.44 | (0.17) |
| Cash from financing | 16.00 | 0.00 | 0.00 | (1.33) | 15.62 | (0.17) | (2.17) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.69 | 1.85 | 0.54 | 0.45 | 0.42 | 0.00 | 0.50 | 0.78 |
| Revenue growth (YoY) | +64.3% | - | +8.0% | -42.3% | -19.2% | - | - | - |
| Other income | 0.18 | 0.56 | 0.00 | 0.08 | 0.46 | 0.24 | 0.53 | 0.93 |
| Total expenses | 0.76 | 1.98 | 0.48 | 0.44 | 0.51 | 0.15 | 0.55 | 0.78 |
| EBITDA | (0.07) | (0.13) | 0.06 | 0.01 | (0.09) | (0.15) | (0.05) | 0.00 |
| EBITDA margin | -10.1% | -7.0% | +11.1% | +2.2% | -21.4% | - | -10.0% | 0.0% |
| Depreciation | 0.03 | 0.26 | 0.01 | 0.01 | 0.01 | 0.05 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.08 | 0.17 | 0.05 | 0.08 | 0.36 | 0.04 | 0.47 | 0.92 |
| Tax | 0.00 | 0.17 | 0.00 | 0.00 | 0.00 | (0.02) | 0.07 | 0.07 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.07 | 10.35 | 6.69 | 5.21 | 5.45 | 6.49 | 6.88 | 14.33 |
| Revenue growth (YoY) | -25.3% | +59.5% | -2.8% | -63.6% | -51.6% | - | - | - |
| Other income | 4.63 | 2.77 | 3.17 | 2.53 | 1.14 | 3.66 | 0.54 | 0.94 |
| EBITDA | (0.74) | 2.41 | 2.44 | 1.11 | 0.51 | (3.17) | 2.17 | 3.85 |
| EBITDA margin | -18.2% | +23.3% | +36.5% | +21.3% | +9.4% | -48.8% | +31.5% | +26.9% |
| Depreciation | 0.18 | 0.40 | 0.15 | 0.15 | 0.15 | (0.11) | 0.26 | 0.35 |
| Interest | 0.33 | 0.32 | 0.34 | 0.38 | 0.39 | 0.37 | 0.40 | 0.57 |
| Profit before tax | 3.38 | 4.46 | 5.12 | 3.11 | 1.11 | 0.23 | 2.05 | 3.87 |
| Tax | 0.15 | 2.24 | 0.64 | 0.16 | 0.00 | (0.32) | 0.26 | 0.38 |
| Net profit | 3.23 | 2.22 | 4.48 | 2.95 | 1.11 | 0.55 | 1.79 | 3.49 |
| EPS (₹) | 1.29 | 2.62 | 1.80 | 1.18 | 0.45 | 0.22 | 0.72 | 1.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 27.70 | 38.96 | 66.25 | 50.44 | 67.03 | 54.30 | 21.99 |
| Revenue growth | -28.9% | -41.2% | +31.3% | -24.8% | +23.4% | +146.9% | - |
| Other income | 9.62 | 4.57 | 1.75 | 0.75 | 0.31 | 0.04 | 0.08 |
| Total expenses | 21.23 | 35.22 | 59.24 | 45.97 | 62.65 | 52.54 | 21.24 |
| Employee cost | 0.00 | 1.16 | 1.11 | 1.50 | 1.11 | 1.17 | 0.56 |
| EBITDA | 6.47 | 3.74 | 7.01 | 4.47 | 4.38 | 1.76 | 0.75 |
| EBITDA margin | +23.4% | +9.6% | +10.6% | +8.9% | +6.5% | +3.2% | +3.4% |
| Depreciation | 0.84 | 0.66 | 0.74 | 0.43 | 0.64 | 0.64 | 0.41 |
| Interest | 1.42 | 1.56 | 1.53 | 0.72 | 1.27 | 0.98 | 0.30 |
| Profit before tax | 13.83 | 6.09 | 6.49 | 4.07 | 2.78 | 0.18 | 0.12 |
| Tax | 3.04 | 0.62 | 1.69 | 0.98 | 0.53 | 0.05 | 0.02 |
| Net profit | 10.79 | 3.18 | 3.84 | 3.23 | 1.84 | 0.15 | 0.05 |
| Net profit margin | +39.0% | +8.2% | +5.8% | +6.4% | +2.8% | +0.3% | +0.2% |
| EPS (₹) | 6.05 | 2.19 | 1.92 | 1.29 | 1.19 | 0.14 | 0.02 |
| 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 | 25.00 | 25.00 | 25.00 | 25.00 | 17.54 | 10.71 | 10.71 |
| Reserves & surplus | 96.98 | 86.42 | 79.56 | 76.49 | 17.50 | 9.76 | 9.64 |
| Shareholders' funds (net worth) | 122 | 111 | 105 | 101 | 40.63 | 20.47 | 20.35 |
| Minority interest | 11.79 | 7.21 | 6.73 | 5.01 | 2.60 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.41 | 1.10 | 2.76 | 3.32 | 1.66 | 0.00 |
| Unsecured loans | 57.73 | 14.53 | 14.68 | 12.99 | 17.58 | 21.65 | 14.60 |
| Total debt | 57.73 | 14.94 | 15.78 | 15.75 | 20.90 | 23.31 | 14.60 |
| Total liabilities | 192 | 134 | 128 | 123 | 64.94 | 44.60 | 37.77 |
| Assets | |||||||
| Gross block | 19.71 | 19.49 | 19.32 | 10.52 | 9.82 | 12.07 | 11.87 |
| Net block | 16.16 | 16.57 | 17.01 | 8.73 | 8.50 | 11.24 | 11.54 |
| Capital work in progress | 5.73 | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 10.35 | 11.12 | 10.37 | 4.55 | 4.86 | 5.47 | 5.44 |
| Inventories | 50.98 | 39.89 | 34.34 | 31.87 | 24.20 | 11.58 | 8.47 |
| Sundry debtors | 27.64 | 26.13 | 26.28 | 28.64 | 23.59 | 17.13 | 11.83 |
| Cash & bank balances | 1.79 | 0.80 | 1.51 | 1.38 | 0.21 | 0.21 | 0.26 |
| Loans & advances | 48.04 | 31.87 | 32.83 | 41.13 | 2.10 | 1.31 | 2.15 |
| Total current assets | 128 | 98.69 | 94.96 | 103 | 50.10 | 30.23 | 22.71 |
| Total current liabilities | 15.60 | 7.79 | 9.07 | 9.11 | 8.48 | 5.68 | 5.37 |
| Net working capital | 113 | 90.90 | 85.89 | 93.91 | 41.62 | 24.55 | 17.34 |
| Total assets | 192 | 134 | 128 | 123 | 64.94 | 44.60 | 37.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.80 | 1.51 | 1.38 | 0.21 | 0.21 | 0.26 | 0.78 |
| Net cash from operating activities | (17.18) | (6.27) | 15.90 | (46.33) | (14.58) | (7.84) | (10.05) |
| Net cash from investing activities | 1.47 | 0.26 | (13.32) | (5.41) | (3.64) | (0.45) | (0.25) |
| Net cash from financing activities | 16.71 | 5.30 | (2.45) | 52.91 | 18.21 | 8.25 | 9.79 |
| Net change in cash | 0.99 | (0.71) | 0.13 | 1.17 | 0.00 | (0.05) | (0.51) |
| Closing cash | 1.79 | 0.80 | 1.51 | 1.38 | 0.21 | 0.21 | 0.26 |
| 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 | -28.9% | -41.2% | +31.3% | -24.8% | +23.4% | +146.9% | - |
| EBITDA growth | +73.0% | -46.7% | +56.8% | +2.1% | +148.9% | +134.7% | - |
| PBT growth | +127.1% | -6.2% | +59.5% | +46.4% | +1444.4% | +50.0% | +9998.0% |
| Net income growth | +239.3% | -17.2% | +18.9% | +75.5% | +1126.7% | +200.0% | - |
| Revenue CAGR (3Y) | -18.1% | -16.6% | +6.9% | +31.9% | - | +41.5% | - |
| EBITDA CAGR (3Y) | +13.1% | -5.1% | +58.5% | +81.3% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +39.0% | +14.0% | +7.3% | +6.1% | +3.4% | +0.2% | +0.5% |
| Return on capital employed | - | +4.0% | +5.6% | +5.3% | +6.9% | +2.8% | +1.2% |
| Return on net worth | - | +3.0% | +3.7% | +4.4% | +6.4% | +0.6% | +0.3% |
| Debt / equity | - | 0.14 | 0.15 | 0.26 | 0.72 | 0.93 | 0.47 |
| Long-term debt / equity | - | 0.04 | 0.02 | 0.05 | 0.22 | 0.37 | 0.26 |
| Interest cover | 25.22 | 50.65 | 24.40 | 17.82 | 33.96 | 87.50 | 88.24 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.01 | 4.44 | 4.96 | 6.12 | 4.54 | 2.58 |
| Inventory turnover | - | 1.05 | 2.00 | 1.80 | 3.75 | 5.42 | 5.19 |
| Debtors turnover | - | 1.49 | 2.41 | 1.93 | 3.29 | 3.75 | 2.50 |
| EPS (₹) | 6.05 | 2.19 | 1.92 | 1.29 | 1.19 | 0.14 | 0.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 44.57 | 41.83 | 40.60 | 19.98 | 19.12 | 19.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.69 | 1.85 | 0.54 | 0.45 | 0.42 | 0.00 | 0.50 | 0.78 |
| Revenue growth (YoY) | +64.3% | - | +8.0% | -42.3% | -19.2% | - | - | - |
| Other income | 0.18 | 0.56 | 0.00 | 0.08 | 0.46 | 0.24 | 0.53 | 0.93 |
| Total expenses | 0.76 | 1.98 | 0.48 | 0.44 | 0.51 | 0.15 | 0.55 | 0.78 |
| EBITDA | (0.07) | (0.13) | 0.06 | 0.01 | (0.09) | (0.15) | (0.05) | 0.00 |
| EBITDA margin | -10.1% | -7.0% | +11.1% | +2.2% | -21.4% | - | -10.0% | 0.0% |
| Depreciation | 0.03 | 0.26 | 0.01 | 0.01 | 0.01 | 0.05 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.08 | 0.17 | 0.05 | 0.08 | 0.36 | 0.04 | 0.47 | 0.92 |
| Tax | 0.00 | 0.17 | 0.00 | 0.00 | 0.00 | (0.02) | 0.07 | 0.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.26 | 1.80 | 1.48 | 2.68 | 0.00 | 2.21 | 1.98 |
| Revenue growth | +81.1% | +21.6% | -44.8% | - | -100.0% | +11.6% | - |
| Other income | 1.10 | 3.00 | 1.31 | 0.24 | 0.31 | 0.00 | 0.00 |
| Total expenses | 3.41 | 2.02 | 1.52 | 2.77 | 0.23 | 2.05 | 1.86 |
| Employee cost | 0.00 | 0.12 | 0.07 | 0.01 | 0.08 | 0.04 | 0.03 |
| EBITDA | (0.15) | (0.22) | (0.04) | (0.09) | (0.23) | 0.16 | 0.12 |
| EBITDA margin | -4.6% | -12.2% | -2.7% | -3.4% | - | +7.2% | +6.1% |
| Depreciation | 0.28 | 0.07 | 0.03 | 0.06 | 0.17 | 0.16 | 0.16 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.67 | 2.71 | 1.24 | 0.09 | (0.09) | 0.00 | (0.04) |
| Tax | 0.17 | 0.31 | 0.32 | 0.00 | 0.00 | 0.00 | (0.01) |
| Net profit | 0.50 | 0.03 | (0.07) | 0.09 | (0.40) | 0.00 | (0.03) |
| Net profit margin | +15.3% | +1.7% | -4.7% | +3.4% | - | 0.0% | -1.5% |
| EPS (₹) | 0.20 | 0.96 | 0.37 | 0.04 | (0.06) | 0.00 | (0.03) |
| 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 | 25.00 | 25.00 | 25.00 | 25.00 | 17.54 | 10.71 | 10.71 |
| Reserves & surplus | 14.35 | 13.85 | 11.46 | 10.54 | 10.45 | 10.54 | 10.58 |
| Shareholders' funds (net worth) | 39.35 | 38.85 | 36.46 | 35.54 | 33.58 | 21.25 | 21.29 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 |
| Unsecured loans | 16.00 | 0.00 | 0.00 | 0.00 | 3.20 | 0.00 | 0.00 |
| Total debt | 16.00 | 0.00 | 0.00 | 0.00 | 3.20 | 0.00 | 0.17 |
| Total liabilities | 56.17 | 39.67 | 37.28 | 36.35 | 37.60 | 22.07 | 24.28 |
| Assets | |||||||
| Gross block | 0.51 | 0.48 | 0.33 | 0.33 | 0.33 | 0.33 | 0.30 |
| Net block | 0.22 | 0.25 | 0.13 | 0.15 | 0.20 | 0.24 | 0.24 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 17.22 | 22.33 | 23.74 | 17.91 | 17.91 | 16.01 | 8.61 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 3.19 | 3.30 | 3.18 | 4.66 | 1.59 | 3.10 | 4.51 |
| Cash & bank balances | 1.49 | 0.50 | 0.25 | 1.10 | 0.10 | 0.03 | 0.12 |
| Loans & advances | 0.05 | 0.19 | 0.07 | 0.07 | 0.07 | 0.06 | 0.09 |
| Total current assets | 4.73 | 3.99 | 3.50 | 5.83 | 1.76 | 3.19 | 4.72 |
| Total current liabilities | 1.30 | 0.96 | 0.72 | 3.54 | 0.49 | 0.46 | 0.42 |
| Net working capital | 3.43 | 3.03 | 2.78 | 2.29 | 1.27 | 2.73 | 4.30 |
| Total assets | 56.17 | 39.67 | 37.28 | 36.35 | 37.60 | 22.07 | 24.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.50 | 0.25 | 1.10 | 0.10 | 0.03 | 0.12 | 0.68 |
| Net cash from operating activities | 0.54 | (0.26) | (1.69) | 0.09 | 1.59 | (0.36) | 1.78 |
| Net cash from investing activities | (15.56) | 0.51 | 0.84 | 2.25 | (17.14) | 0.44 | (0.17) |
| Net cash from financing activities | 16.00 | 0.00 | 0.00 | (1.33) | 15.62 | (0.17) | (2.17) |
| Net change in cash | 0.98 | 0.25 | (0.85) | 1.01 | 0.07 | (0.09) | (0.56) |
| Closing cash | 1.49 | 0.50 | 0.25 | 1.10 | 0.10 | 0.03 | 0.12 |
| 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 | +81.1% | +21.6% | -44.8% | - | -100.0% | +11.6% | - |
| EBITDA growth | +31.8% | -450.0% | +55.6% | +60.9% | -243.8% | +33.3% | - |
| PBT growth | -75.3% | +118.6% | +1277.8% | +9998.0% | +9997.0% | +9997.0% | +33.3% |
| Net income growth | +1566.7% | +142.9% | -177.8% | +122.5% | - | +100.0% | - |
| Revenue CAGR (3Y) | +6.8% | - | -12.5% | +10.6% | - | -51.3% | +170.5% |
| EBITDA CAGR (3Y) | +18.6% | -1.5% | - | - | -6.4% | - | +81.7% |
| Profitability & leverage | |||||||
| Net income margin | +15.3% | +133.3% | +62.2% | +3.4% | - | 0.0% | -1.5% |
| Return on capital employed | - | +0.1% | -0.2% | +0.2% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | +0.1% | -0.2% | +0.3% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.05 | 0.06 | 0.00 | 0.06 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.05 | 0.06 | 0.00 | 0.06 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.44 | 4.48 | 8.12 | 0.00 | 7.02 | 6.60 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.56 | 0.38 | 0.86 | 0.00 | 0.58 | 0.39 |
| EPS (₹) | 0.20 | 0.96 | 0.37 | 0.04 | (0.06) | 0.00 | (0.03) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 15.54 | 14.58 | 14.22 | 15.96 | 19.84 | 19.88 |
Top companies in Metals & Minerals
3 companies that operate in the same segment as Ashoka Metcast (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ashoka Metcast
Complete news archive for Ashoka Metcast
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashoka Metcast
Ashoka Metcast was founded in 2009.
Ashoka Metcast is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Ashoka Metcast, Ashoka Metcast Limited, reported revenue of ₹37.32 Cr for FY 2026, down 29% year on year.
Ashoka Metcast was founded in 2009 and is based in Ahmedabad, India. Steel products such as TMT bars, angle bars, mild steel bars, and steel channels are produced by the company within the manufacturing sector. Operations focus on fabrication and supply of these materials for construction and industrial applications. Leadership is provided by Managing Director Shalin Shah, with the domain ashokametcast.in used for online presence.
Ashoka Metcast offers Metal Castings and Investor Services.
Yes, Ashoka Metcast is publicly traded on NSE under the ticker symbol ASHOKAMET.
Ashoka Metcast operates through Ashoka Metcast Limited.
The legal entities of Ashoka Metcast currently have 7 directors, including Ashok Chinubhai Shah, Shalin Ashok Shah, Hiteshkumar Madhubhai Donga and others.

