ANKITMETAL
Ankit Metal & Power financials
- Market cap
- ₹23 Cr
- Sector
- Metals & Mining
What Ankit Metal & Power Limited does
Ankit Metal & Power Limited, incorporated in 2002, is an integrated steel producer manufacturing iron ore pellets, sponge iron, MS billets and re-rolled products. It runs a single manufacturing facility at Bankura, West Bengal that is paired with a Captive Power Plant (CPP) to support its production process. Commercial production commenced in 2005.
Segments
- Iron & Steel
- Captive Power
- Manufacturing facility
- 1 plant at Bankura, West Bengal, integrated with a Captive Power Plant
- Product lines
- 4 (Iron Ore Pellets, Sponge Iron, MS Billets, Re-Rolled products)
- Commercial production since
- 2005
Quarterly results
Q3 FY24: revenue down 25.4%, net profit down 76.7% against the same quarter last year.
| Line item | Q4 FY22 | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 239 | 207 | 187 | 197 | 262 +10% | 203 −2% | 206 +10% | 147 −25% |
| EBITDA | 14 | -4 | -3 | -34 | -22 −257% | -45 −1025% | -94 −3033% | -67 −97% |
| Net profit | 6 | -14 | -12 | -43 | -31 −617% | -53 −279% | -97 −708% | -76 −77% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −15.3% 1Y
1Y: ₹1.9 on 10 Sept 2025 → ₹1.61. High ₹2.11 (25 Sept 2025), low ₹1.29 (30 Mar 2026).
Financials, as filed
Revenue grew 15.1% a year over 1 year, FY22 to FY23. Operating margin narrowed to -7.4%.
| Year ending | FY22 | FY23 |
|---|---|---|
| Revenue | ₹741 Cr | ₹853 Cr |
| Operating profit | ₹-21 Cr | ₹-63 Cr |
| Operating margin | -2.8% | -7.4% |
| Interest | ₹5 Cr | ₹0 Cr |
| Depreciation | ₹42 Cr | ₹35 Cr |
| Net profit | ₹-51 Cr | ₹-100 Cr |
| Net margin | -6.9% | -11.7% |
| Cash from operations | ₹60 Cr | ₹54 Cr |
| Free cash flow | ₹32 Cr | ₹35 Cr |
| ROCE | -12.0% | -34.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|
| Equity capital | ₹141 Cr | ₹141 Cr | ₹141 Cr | ₹141 Cr | ₹141 Cr | ₹141 Cr |
| Reserves | ₹-632 Cr | ₹-724 Cr | ₹-800 Cr | ₹-875 Cr | ₹-926 Cr | ₹-1.2k Cr |
| Borrowings | ₹1.2k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.1k Cr | ₹1.1k Cr |
| Other liabilities | ₹737 Cr | ₹793 Cr | ₹737 Cr | ₹781 Cr | ₹865 Cr | ₹1.1k Cr |
| Total liabilities | ₹1.5k Cr | ₹1.4k Cr | ₹1.3k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.2k Cr |
| Fixed assets | ₹644 Cr | ₹599 Cr | ₹548 Cr | ₹504 Cr | ₹461 Cr | ₹408 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹28 Cr | ₹47 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹841 Cr | ₹831 Cr | ₹727 Cr | ₹712 Cr | ₹729 Cr | ₹722 Cr |
| Total assets | ₹1.5k Cr | ₹1.4k Cr | ₹1.3k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.2k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2024
The ownership split has held steady since Mar 2023. The shareholder count shrank 5% to 33,216.
- Promoters
- 71.0%
- Public
- 29.0%
Since Mar 2023
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Mar '21: Promoters 71.0%, Public 29.0%.Jun '21: Promoters 71.0%, Public 29.0%.Sep '21: Promoters 71.0%, Public 29.0%.Dec '21: Promoters 71.0%, Public 29.0%.Mar '22: Promoters 71.0%, Public 29.0%.Jun '22: Promoters 71.0%, Public 29.0%.Sep '22: Promoters 71.0%, Public 29.0%.Dec '22: Promoters 71.0%, Public 29.0%.Mar '23: Promoters 71.0%, Public 29.0%.Jun '23: Promoters 71.0%, Public 29.0%.Sep '23: Promoters 71.0%, Public 29.0%.Mar '24: Promoters 71.0%, Public 29.0%.
Who is on the register
Named in the Mar 2024 filing
Every holder of Ankit Metal & Power Limited above SEBI's 1% disclosure line, and what changed since Sep 2023.
| Holder | Stake | Change |
|---|---|---|
| Astabhuja Properties Private Limited | 11.74% | unchanged |
| Invesco Finance Private Limited | 8.02% | unchanged |
| Shreyansh Leafin Pvt. Ltd. | 7.84% | unchanged |
| Nucore Exports Pvt. Ltd. | 7.67% | unchanged |
| Vasupujya Enterprises Pvt. Ltd. | 7.35% | unchanged |
| Whitestone Suppliers Private Limited | 7.14% | unchanged |
| Vng Mercantiles Pvt. Ltd. | 6.38% | unchanged |
| Arthodock Vinimay Private Limited | 6.29% | unchanged |
| Poddar Mech Tech Services Pvt. Ltd | 2.58% | unchanged |
| Suanvi Trading & Investment Company Pvt.Ltd | 2.48% | unchanged |
| Ankit Patni | 1.46% | unchanged |
| Rohit Patni | 1.45% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Ankit Metal & Power Limited
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