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As of 6 Nov 2026, Ashirwad Steels & Industries trades at 13.2× trailing earnings, below the industry P/E of 19.9×, and the shares are 33% below their 52-week high. Its ROCE of 3.2% is the lowest among the 7 largest Steel peers, and net profit fell 51% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹27 Cr, ranked 130th of 150 Steel companies by market cap; the shares fell 26% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹23.00
Day high
₹23.00
Day low
₹21.22
Prev. close
₹22.89
Volume
1.9K

Health check

4 to check
  • ReturnsBehind

    −25.7% over a year, better than 0 of 7 peers.

  • Price tagDistorted

    A one-off gain inflates profit, so P/E isn’t comparable right now.

  • GrowthShrinking

    Profit −50.6% a year over 3 years.

  • ProfitabilityWeak

    ROCE 3.2% vs peer median 18.7%.

  • Balance sheetn/a

    Balance sheet figures aren’t reported.

  • Red flags4 to check

    Return on equity is low at 2.2%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹27 Cr, #130 of 150 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹2 Cr · profit ₹2 Cr
Market cap
₹27 Cr
Small cap
P/E
13.2
Industry 19.9
Price to book
0.31
Peers 2.28
Dividend yield
0.00%
ROE
2.2%
Peers 23.4%
ROCE
3.2%
Peers 18.7%
Debt to equity
n/a
Debt ₹0.00 Cr
EPS (TTM)
₹1.63
OPM (TTM)
34.0%
Net margin 91.2%
Sales growth
+33.4%
Latest quarter vs a year ago
Profit growth
+2.1%
Latest quarter vs a year ago
Price to sales
13.20
EV/EBITDA 56.5

Strengths and risks

Strengths

  • Quarterly sales up 33.4% on a year ago.

Risks to check

  • Return on equity is low at 2.2%.
  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.
  • 33% below its 52-week high.
  • Interest coverage of only −21.4×.

Derived automatically from reported figures. Not a recommendation.

About Ashirwad Steels & Industries

Ashirwad Steels & Industries Limited engages in the investment and lending business in India. The company invests in shares, bonds, debentures, mutual funds, and securities; short-term financing; and is involved in money lending activities. It also operates LPG bottling plant in Chhattisgarh. The company was incorporated in 1986 and is headquartered in Kolkata, India.

Headquarters
Kolkata
Employees
7
Sector
Basic Materials
ISIN
INE338C01012
Website
ashirwadsteels.com

Price range

52 weeks

₹17.00₹31.95

Today

₹21.22₹23.00
Avg volume (3M)
1.3K
1-year return
minus 25.7%
From 52-week high
minus 32.9%

Peers · Steel

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
ASHSIAshirwad Steels & Industries21.45minus 6.29%2713.2–3.2%34.0%––minus 25.7%
Median of 7 peers–−0.01%1,00,48219.112.218.7%15.9%0.503.6%14.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
0.40.50.50.80.5
0.30.30.40.50.4
0.10.20.20.30.2
22.4%41.6%28.5%32.9%34.4%
0.60.70.40.40.6
00000
00000
0.70.80.50.60.7
29.9%25.2%15.5%25.0%31.8%
0.50.60.40.50.5
0.400.490.360.370.41

Profit & loss

Yearly, ₹ crore
Profit CAGR 3Y
−50.6%
EPS CAGR 3Y
−50.6%
ROE
2.2%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−1.2−1.1−1−1.1
4.44.44.34.2
00.100.1
0.10.10.10.1
15.50−0.1−0.3
18.73.23.12.7
10.1%29.2%25.9%24.5%
16.82.32.32
–minus 86.5%+1.8%minus 12.0%
13.411.801.841.62

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
12.512.512.512.5
65.968.370.672.6
00.100
78.480.983.185.1
0.40.40.73.3
––0.32.9
45.653.956.750.9
0.72.50.51.2
31.624.325.126.8
78.480.983.185.1

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
16.59.2−4.4−4.4
−9.3−47.82.45.1
−0−0.1−0−0.1
7.2−38.6−20.7
−0−0−0.1−0
16.59.2−4.5−4.4

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

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you