As of 6 Nov 2026, Aanchal Ispat trades at 6.5× trailing earnings, below the industry P/E of 19.9×, and the shares are 89% below their 52-week high. It earns ROCE of 7.9% and ROE of 35%, and sales fell 20% a year over 3 years. Debt is 0.21× equity. It is a small-cap company with a market cap of ₹24 Cr, ranked 134th of 150 Steel companies by market cap; the shares fell 89% over the past year.
- ₹57.00
- ₹57.00
- ₹54.15
- ₹56.05
- 22.4K
Health check
- ReturnsBehind
−89.0% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 6.5 vs industry 19.9.
- GrowthShrinking
Sales −20.2% a year over 3 years.
- ProfitabilityWeak
ROCE 7.9% vs peer median 18.7%.
- Balance sheetFair
Debt 0.21× equity, Piotroski 4 of 9.
- Red flags1 to check
89% below its 52-week high.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹24 Cr
- Small cap
- P/E
- 6.5
- Industry 19.9
- Price to book
- 1.97
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 34.7%
- Peers 23.4%
- ROCE
- 7.9%
- Peers 18.7%
- Debt to equity
- 0.21
- Debt ₹1.69 Cr
- EPS (TTM)
- ₹8.69
- OPM (TTM)
- 0.8%
- Net margin 2.5%
- Sales growth
- +9.2%
- Latest quarter vs a year ago
- Profit growth
- +1070.0%
- Latest quarter vs a year ago
- Price to sales
- 0.24
- EV/EBITDA 25.3
Strengths and risks
Strengths
- Return on equity of 34.7%.
- Quarterly profit up 1070.0% on a year ago.
- P/E of 6.5 against an industry P/E of 19.9.
Risks to check
- 89% below its 52-week high.
About Aanchal Ispat
Aanchal Ispat Limited engages in the manufacture and sale of mild steel TMT re-bars, structural re-bars, angles, channels, TMT bars, MS rounds, and other sectional products in India. The company offers deformed structural steels; and trades in mild steel billets, cement and clinker, and TMT and structural re-bars. It serves the infrastructure and construction industries. The company was formerly known as Vinita Projects Private Limited and changed its…
- Headquarters
- Howrah
- Employees
- 66
- Sector
- Basic Materials
- ISIN
- INE322R01022
- Website
- aanchalispat.com
Price range
- Avg volume (3M)
- 19.4K
- 1-year return
- minus 89.0%
- From 52-week high
- minus 88.8%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| AANCHALISPAanchal Ispat | 56.86 | plus 1.45% | 24 | 6.5 | 69.1 | 7.9% | 0.8% | 0.21 | −20.2% | minus 89.0% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 22.7 | 18.3 | 19.4 | 38.4 | 24.8 | |
| 22.5 | 18.4 | 18.7 | 38.2 | 24.7 | |
| 0.2 | −0.1 | 0.7 | 0.1 | 0.1 | |
| 0.7% | −0.6% | 3.4% | 0.3% | 0.4% | |
| 0.1 | 0.5 | 0.1 | 0.1 | 0.6 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | |
| – | – | – | 1.9 | – | |
| 0.1 | 0.2 | 0.6 | 1.9 | 0.6 | |
| 17.1% | −4.9% | – | 37.1% | – | |
| 0 | 0.2 | 0.6 | 1.2 | 0.6 | |
| 0.02 | 0.75 | 2.01 | 4.21 | 1.72 |
Profit & loss
- Sales CAGR 3Y
- −20.2%
- ROE
- 34.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 194 | 109 | 151 | 98.8 | |
| – | minus 43.7% | +38.2% | minus 34.7% | |
| 196 | 113 | 156 | 97.8 | |
| −2.2 | −3.2 | −4.9 | 1 | |
| −1.1% | −2.9% | −3.2% | 1.0% | |
| 0.4 | 0 | 0.2 | 0.2 | |
| 7.6 | 3.5 | – | – | |
| 0.6 | 0.6 | 0.6 | 0.6 | |
| −20.4 | −0.3 | −12.6 | 2.1 | |
| −30.5 | −7.5 | −17.9 | 2.7 | |
| 23.0% | 17.2% | 25.2% | 25.8% | |
| −23.5 | −6.2 | −13.4 | 2 | |
| -1125.00 | -300.00 | -6.43 | 7.13 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.9 | 20.9 | 20.9 | 2.8 | |
| 2.4 | −4 | −17.4 | 5.4 | |
| 80.9 | 84.1 | 47.2 | 48.9 | |
| 7.2 | 16 | 8.1 | 11.8 | |
| 111 | 117 | 58.8 | 68.9 | |
| 25.8 | 25 | 24.4 | 24 | |
| 0.5 | 0.5 | 0.5 | 0.5 | |
| 0.1 | 0.1 | 0.2 | 0.1 | |
| 0.6 | 6.8 | 3.4 | 6 | |
| 84.4 | 84.6 | 30.4 | 38.2 | |
| 111 | 117 | 58.8 | 68.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.2 | 6.3 | −2.7 | −1.8 | |
| −0.2 | −0.1 | 0.2 | −0 | |
| −4.7 | −0.3 | −0.2 | 4.4 | |
| −2.6 | 5.9 | −2.7 | 2.6 | |
| −0.2 | −0.1 | – | −0.2 | |
| 2 | 6.2 | −2.7 | −2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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