Ankit Metal & Power (ANKITMETAL) is loss-making over the last 12 months, losing ₹257 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹1.97, 26% below its 52-week high. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹1,105 Cr. It is a small-cap company with a market cap of ₹28 Cr, ranked 129th of 150 Steel companies by market cap; the shares rose 17% over the past year.
- ₹1.97
- ₹1.97
- ₹1.97
- ₹2.01
- 751
Health check
- ReturnsIn line
+16.9% over a year, better than 4 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹28 Cr
- Small cap
- P/E
- n/a
- Industry 19.9
- Price to book
- −0.03
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 23.4%
- ROCE
- n/a
- Peers 18.7%
- Debt to equity
- n/a
- Debt ₹1,105 Cr
- EPS (TTM)
- −₹17.75
- Face value ₹10
- OPM (TTM)
- −51.8%
- Net margin −31.4%
- Sales growth
- −25.5%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.03
- EV/EBITDA −4.9
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- Quarterly sales down 25.5% on a year ago.
- Interest coverage of only −830.5×.
About Ankit Metal & Power
Ankit Metal & Power Limited manufactures and sells iron and steel products in India. The company offers sponge iron, M.S. billets, TMT bars, pig iron, silico manganese, power, ferro silicon, wire Rods, and rolled products. It serves real estate developers, construction units, forging units, wire drawing units, railways, and engineering industries. The company was incorporated in 2002 and is based in Kolkata, India.
- Headquarters
- Kolkata
- Employees
- 1,016
- Sector
- Basic Materials
- ISIN
- INE106I01010
- Website
- ankitmetal.com
Price range
- Avg volume (3M)
- 23.9K
- 1-year return
- plus 16.9%
- From 52-week high
- minus 25.7%
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% |
| ANKITMETALAnkit Metal & Power | 1.97 | minus 1.99% | 28 | – | – | – | −51.8% | – | – | plus 16.9% |
| 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
This company doesn’t report these figures in a format we can read yet.
Profit & loss
| ₹ Cr | Mar 2022 | Mar 2023 |
|---|---|---|
| 676 | 758 | |
| 681 | 820 | |
| −5 | −62.7 | |
| −0.7% | −8.3% | |
| −0.2 | −0.7 | |
| 4.8 | 0.1 | |
| 42.4 | 35.3 | |
| 0.7 | – | |
| −51.6 | −98.7 | |
| −51.6 | −98.7 | |
| -3.66 | -7.00 |
Forecast
Balance sheet
| ₹ Cr | Mar 2022 | Mar 2023 |
|---|---|---|
| 141 | 141 | |
| −926 | −1,024 | |
| 1,140 | 1,105 | |
| 865 | 973 | |
| 1,219 | 1,195 | |
| 490 | 473 | |
| 28.4 | 47.2 | |
| 0.2 | 0.7 | |
| 0.6 | 1.1 | |
| 700 | 673 | |
| 1,219 | 1,195 |
Cash flow
| ₹ Cr | Mar 2022 | Mar 2023 |
|---|---|---|
| 60.1 | 54 | |
| −28.3 | −18.7 | |
| −32 | −34.8 | |
| −0.3 | 0.5 | |
| −28.4 | −18.8 | |
| 31.7 | 35.1 |
Shareholding pattern
- Promoters71.02%
- Public28.98%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 31 Mar 2024 | 71.02% | 28.98% | 0.00 | |
| 30 Sep 2023 | 71.02% | 28.98% | 0.00 | |
| 30 Jun 2023 | 71.02% | 28.98% | 0.00 | |
| 31 Mar 2023 | 71.02% | 28.98% | 0.00 | |
| 31 Dec 2022 | 71.02% | 28.98% | – |
Major shareholders
Filings & events
News
No recent news coverage found.