Ashoka Metcast Limited
Ashoka Metcast Limited engages in the trading of steel, goods, and other products in India. It provides thermo-mechanically treated, round, flat, mild steel, and angle bars, and steel channels. The company was incorporated in 2009 and is based in Ahmedabad, India.
Ashoka Metcast Limited (ASHOKAMET) - Net Assets
Latest net assets as of September 2025: ₹1.19 Billion INR
Based on the latest financial reports, Ashoka Metcast Limited (ASHOKAMET) has net assets worth ₹1.19 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.59 Billion) and total liabilities (₹399.96 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.19 Billion |
| % of Total Assets | 74.86% |
| Annual Growth Rate | 130.05% |
| 5-Year Change | 479.44% |
| 10-Year Change | 5157773.91% |
| Growth Volatility | 46705.32 |
Ashoka Metcast Limited - Net Assets Trend (2013–2025)
This chart illustrates how Ashoka Metcast Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ashoka Metcast Limited (2013–2025)
The table below shows the annual net assets of Ashoka Metcast Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.19 Billion | +6.59% |
| 2024-03-31 | ₹1.11 Billion | +4.50% |
| 2023-03-31 | ₹1.06 Billion | +146.37% |
| 2022-03-31 | ₹432.27 Million | +111.14% |
| 2021-03-31 | ₹204.73 Million | +0.60% |
| 2020-03-31 | ₹203.52 Million | -2.85% |
| 2019-03-31 | ₹209.48 Million | -0.92% |
| 2018-03-31 | ₹211.42 Million | +162529.31% |
| 2017-03-31 | ₹130.00K | +465.22% |
| 2016-03-31 | ₹23.00K | +130.00% |
| 2015-03-31 | ₹10.00K | +117.54% |
| 2014-03-31 | ₹-57.00K | -205.56% |
| 2013-03-31 | ₹54.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ashoka Metcast Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14308100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹143.07 Million | 12.84% |
| Common Stock | ₹249.96 Million | 22.43% |
| Other Comprehensive Income | ₹614.17 Million | 55.12% |
| Other Components | ₹107.00 Million | 9.60% |
| Total Equity | ₹1.11 Billion | 100.00% |
Ashoka Metcast Limited Competitors by Market Cap
The table below lists competitors of Ashoka Metcast Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kian Santang Muliatama Tbk.
JK:RGAS
|
$1.75 Million |
|
Labrador Iron Mines Holdings Limited
PINK:LBRMF
|
$1.75 Million |
|
DRAGO ENTERTAINM. ZY -10
F:65M
|
$1.75 Million |
|
Groupe JAJ
PA:GJAJ
|
$1.75 Million |
|
Euro Cervantes SOCIMI SA
MC:YEUR
|
$1.75 Million |
|
ELECTRONIC ARTS - Dusseldorf Stock Exchang
DU:ERT
|
$1.75 Million |
|
Tasman Resources Ltd
PINK:TASEF
|
$1.74 Million |
|
Oriental Trimex Limited
NSE:ORIENTALTL
|
$1.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ashoka Metcast Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,045,602,000 to 1,114,196,000, a change of 68,594,000 (6.6%).
- Net income of 73,392,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 614,169,999.
- Other factors decreased equity by 618,967,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹73.39 Million | +6.59% |
| Other Comprehensive Income | ₹614.17 Million | +55.12% |
| Other Changes | ₹-618.97 Million | -55.55% |
| Total Change | ₹- | 6.56% |
Book Value vs Market Value Analysis
This analysis compares Ashoka Metcast Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.31x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2837.14x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹0.00 | ₹14.04 | x |
| 2014-03-31 | ₹-0.01 | ₹14.04 | x |
| 2015-03-31 | ₹0.00 | ₹14.04 | x |
| 2016-03-31 | ₹0.00 | ₹14.04 | x |
| 2017-03-31 | ₹0.01 | ₹14.04 | x |
| 2018-03-31 | ₹19.74 | ₹14.04 | x |
| 2019-03-31 | ₹19.56 | ₹14.04 | x |
| 2020-03-31 | ₹19.00 | ₹14.04 | x |
| 2021-03-31 | ₹18.68 | ₹14.04 | x |
| 2022-03-31 | ₹23.16 | ₹14.04 | x |
| 2023-03-31 | ₹40.40 | ₹14.04 | x |
| 2024-03-31 | ₹41.88 | ₹14.04 | x |
| 2025-03-31 | ₹44.63 | ₹14.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ashoka Metcast Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.84%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.28x
- Recent ROE (6.59%) is below the historical average (61.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -28.30% | 0.00% | 0.00x | 236.28x | ₹-20.30K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | ₹-104.40K |
| 2015 | 670.00% | 0.00% | 0.00x | 1280.30x | ₹66.00K |
| 2016 | 58.33% | 0.00% | 0.00x | 7617.54x | ₹11.60K |
| 2017 | 82.31% | 10.86% | 0.01x | 813.99x | ₹94.00K |
| 2018 | -1.32% | -1.46% | 0.65x | 1.40x | ₹-23.94 Million |
| 2019 | -0.93% | 0.00% | 0.00x | 1.37x | ₹-22.89 Million |
| 2020 | 0.12% | 0.11% | 0.50x | 2.15x | ₹-20.10 Million |
| 2021 | 0.75% | 0.28% | 1.06x | 2.49x | ₹-18.94 Million |
| 2022 | 5.15% | 3.12% | 0.90x | 1.83x | ₹-19.72 Million |
| 2023 | 3.17% | 6.29% | 0.38x | 1.31x | ₹-69.28 Million |
| 2024 | 4.58% | 7.24% | 0.48x | 1.32x | ₹-56.62 Million |
| 2025 | 6.59% | 18.84% | 0.27x | 1.28x | ₹-38.03 Million |
Industry Comparison
This section compares Ashoka Metcast Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,308,012,305
- Average return on equity (ROE) among peers: 13.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ashoka Metcast Limited (ASHOKAMET) | ₹1.19 Billion | -28.30% | 0.34x | $1.75 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $722.48K |
| APL Apollo Tubes Limited (APLAPOLLO) | $24.64 Billion | 25.12% | 0.81x | $4.04 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.83 Billion | 21.21% | 1.65x | $84.98 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.45 Billion | 17.08% | 3.51x | $8.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $61.29 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $31.33 Million |
| Gallantt Ispat Limited (GALLANTT) | $1.10 Billion | 27.96% | 1.96x | $327.71 Million |
| Grand Foundry Limited (GFSTEELS) | $-57.50 Million | 0.00% | 0.00x | $1.30 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $163.26 Million |