Ashoka Metcast share price & results
- Jun 2026
- Jun 2026
Ahmedabad-based company trading in steel and other goods on a standalone basis, with a majority (55.52%) stake in listed subsidiary Rhetan TMT Limited, a basic iron & steel manufacturer.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 4.1 | −25.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -18.2 | −27.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 3.2 | +185.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 11.07 | +6.7 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -76.61 | −63.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -20.60 | +12.7 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −16.9% 1Y
1Y: ₹16.88 on 24 Oct 2025 → ₹14.03. High ₹17.2 (11 Sept 2026), low ₹12.23 (30 Mar 2026).
- Previous close
- ₹13.75
- Market cap
- ₹37 Cr
- 52-week range
- ₹12.23 – ₹17.2
- One year
- −16.79%
- Price to earnings (TTM to Jun 2026)
- 2.85×
- Return on equity (TTM to Jun 2026)
- 11.07%
Overview
- Symbol
- NSE:ASHOKAMET
- Sector
- Metals & Mining
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What Ashoka Metcast Limited does
Based on the company's own presentations, annual report and earnings calls.
Ashoka Metcast Limited's standalone operations consist of trading in steel and other goods. The company holds a majority stake in Rhetan TMT Limited, a separately listed subsidiary whose stated business is the manufacture of basic iron & steel; this subsidiary accounts for the bulk of the group's consolidated revenue. Beyond the trading and holding activities disclosed in its FY25 annual report, the filing does not describe any manufacturing operations, plants, or products of Ashoka Metcast itself.
Segments
- Steel and goods trading (standalone)
- Basic iron & steel manufacturing (via subsidiary)
- Group manufacturing subsidiary
- Rhetan TMT Limited (listed, manufactures basic iron & steel)
- Standalone business lines
- Steel trading; other goods trading
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +186% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 14 | 7 | 6 | 5 | 5 | 7 | 10 | 4 |
| Expenses | 10 | 5 | 10 | 5 | 4 | 4 | 8 | 5 |
| Operating profit | 4 | 2 | -3 | 1 | 1 | 2 | 2 | -1 |
| Operating margin | 26.9% | 31.5% | −48.8% | 9.5% | 21.5% | 36.5% | 23.3% | −18.2% |
| Other income | 1 | 1 | 4 | 1 | 3 | 3 | 3 | 5 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 2 | 0 | 1 | 3 | 5 | 4 | 3 |
| Tax rate | 9.8% | 12.7% | −139.1% | 0.0% | 5.1% | 12.5% | 50.2% | 4.4% |
| Net profit | 3 | 2 | 1 | 1 | 3 | 4 | 2 | 3 |
| EPS (₹ per share) | 1.39 | 0.72 | 0.22 | 0.45 | 1.18 | 1.80 | 0.89 | 1.29 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 66 | 39 | 28 |
| Expenses | 59 | 35 | 21 |
| Operating profit | 7 | 4 | 6 |
| Other income | 2 | 6 | 10 |
| Interest | 2 | 2 | 1 |
| Depreciation | 1 | 1 | 1 |
| Profit before tax | 7 | 8 | 14 |
| Net profit | 5 | 7 | 11 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 18 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 23 | 76 | 80 | 86 | 85 | 97 |
| Borrowings | 21 | 16 | 16 | 15 | 31 | 58 |
| Other liabilities | 13 | 16 | 18 | 16 | 18 | 29 |
| Total liabilities | 74 | 133 | 138 | 143 | 159 | 208 |
| Fixed assets | 8 | 9 | 17 | 17 | 17 | 16 |
| Capital work in progress | 0 | 0 | 0 | 2 | 2 | 6 |
| Investments | 5 | 5 | 10 | 11 | 7 | 10 |
| Other assets | 61 | 120 | 111 | 114 | 134 | 176 |
| Total assets | 74 | 133 | 138 | 143 | 159 | 208 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -8 | -15 | -46 | 16 | -6 | -17 |
| Cash from investing | 0 | -4 | -5 | -13 | 0 | 1 |
| Cash from financing | 8 | 18 | 53 | -2 | 5 | 17 |
| Net cash flow | 0 | 0 | 1 | 0 | -1 | 1 |
| Free cash flow | -8 | -15 | -47 | 7 | -5 | -22 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 115 | 128 | 207 | 145 | 245 | 364 |
| Inventory days | 93 | 152 | 272 | 235 | 464 | 1159 |
| Days payable | 32 | 33 | 50 | 32 | 59 | 155 |
| Cash conversion cycle | 176 | 248 | 429 | 348 | 651 | 1369 |
| Working capital days | 93 | 157 | 579 | 385 | 774 | 1269 |
| Return on capital employed | 3.0% | 7.0% | 5.0% | 5.0% | 4.0% | 9.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Steel Trading contributes 100.0% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Steel Trading 100.0%
₹4.07 crore
- Trading of Goods 0.0%
₹0.00 crore
- Others 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Steel Trading | 4.07 | 100.0% |
| Trading of Goods | 0.00 | 0.0% |
| Others | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹4.07 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹4.07 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Trading of Goods shrank from 1% to 0% of revenue over the last two years.
| Segment | Mar 2024 | Jun 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Steel Trading | 99% | 95% | 93% | 100% | 100% | 92% | 100% | 100% | -25.4% |
| Trading of Goods | 1% | — | — | — | 0% | 8% | 0% | 0% | — |
| Others | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 53.64% as of Jun 2026.
- Promoters 53.64%
- Public 46.36%
Who is on the register
Named in the Jun 2026 filing
Every holder of Ashoka Metcast Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 22.18% | unchanged | |
| 9.85% | unchanged | |
| 9.61% | unchanged | |
| 7.18% | unchanged | |
| 4.83% | 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.
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