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Ashirwad Steels & Industries Limited

Ashirwad Steels & Industries Limited

ASHSI.BO
Ashirwad Steels & Industries LimitedIN flagBombay Stock Exchange
23.85
INR
+0.57
- -
298.13MMarket Cap
Ashirwad Steels & Industries Limited
ASHSI.BO
(Bombay Stock Exchange)

Recent

price

23.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
30.8
50.58
40
12.1
4.12
0.7
0.86
17.19
1.52
5.78
0.44
1.74
- -
- -
1.45
- -
1.8
Revenue per Share
0.05
-2.91
0.64
0.3
-0.1
0.15
0.61
0.41
6.02
-2.94
-0.25
3.69
13.41
1.8
1.84
- -
1.62
Basic EPS, GAAP
- -
6.4
7.39
-3.94
3.16
-0.71
-1.25
-2.56
-8.7
2.55
-1.58
6.28
13.19
7.36
-3.62
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10.72
10.16
10.87
11.16
11.08
11.68
12.38
12.76
19.12
15.22
15.77
19.7
33.32
35.29
37.16
- -
10.03
Book Value per Share
45.21
39.55
40.25
40.55
40.47
41.07
41.77
42.15
48.51
44.61
45.16
49.09
62.7
64.68
66.6
- -
68.32
Tangible Book Value per Share
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
- -
12
Basic Weighted Avg Shares
359
632
500
151
51
9
11
215
19
72
6
22
- -
- -
18
21
22
Sales/Revenue/Turnover
0.22
-8.37
-1.84
-14.2
-24.17
-223.27
-170.58
-9.27
-115.84
-47.02
-581.76
-39.9
- -
- -
34.96
30.47
28.14
Operating Margin (%)
11
11
11
11
7
6
6
6
5
4
4
4
1
1
1
1
1
Depreciation Expense
1
-36
8
4
-1
2
8
5
75
-37
-3
46
168
23
23
20
20
Net Income, GAAP
- -
- -
2.79
- -
- -
- -
7.16
- -
21.74
- -
- -
3.3
10.15
29.22
25.85
24.5
24.51
Effective Tax Rate (%)
0.16
-5.76
1.6
2.46
-2.51
20.91
70.9
2.41
397.12
-50.86
-56.71
212.3
- -
- -
127.27
97.75
90.26
Profit Margin (%)
374
327
346
356
341
185
140
143
189
230
264
236
195
120
146
195
195
Working Capital
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
527
494
503
507
506
513
522
527
606
558
564
614
784
808
831
851
851
Total Equity
- -
- -
-1.7
- -
- -
- -
-3.27
- -
-3.02
- -
- -
-1.42
-1.59
-1.02
0.57
0.57
0.57
Return on Invested Capital (%)
- -
- -
5.02
- -
- -
- -
5.2
- -
37.87
- -
- -
21.71
50.66
5.36
5.12
6.99
6.99
Return on Capital (%)
0.47
-28.91
6.08
2.7
-0.93
1.28
5.05
3.3
37.77
-17.11
-1.63
20.83
50.6
5.26
5.08
6.86
6.86
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
- -
12
Market Capitalization
392
357
213

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
207
- -
195
Cash, Cash Equivalents & STI
23
- -
27
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.57%
8.96%
2.42%
Free Cash Flow
-45.44%
-116.91%
-2.85%
Net Income, GAAP
-0.22%
-280.04%
-12.04%
Sales/Revenue/Turnover
- -
- -
14.54%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
3
-7
- -
2025
4
3
3
8
18
2026
4
5
5
8
21

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
0.4
0.45
- -
1.8
2025
0.48
0.41
0.38
0.57
1.84
2026
0.4
0.49
0.36
0.37
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ashirwad Steels & Industries Limited manufactures sponge iron, an essential input for finished steel production, and engages in the bottling of hydrocarbon and liquefied petroleum gas (LPG); its core products encompass sponge iron produced from iron ore and coal at plants in Jamshedpur, Jharkhand, and Nalgonda, Andhra Pradesh, alongside gas bottling operations at facilities in Uluberia, Howrah, West Bengal, and Raigarh, Chhattisgarh. The company, founded in 1986 and headquartered in Kolkata, West Bengal, primarily serves the steel and energy sectors across India with a focus on industrial raw materials and gas distribution. In recent years, Ashirwad Steels executes strategic asset sales including the Uluberia LPG bottling plant to SHV Energy Private Limited for approximately 16 crores rupees plus GST under revised agreements, alongside plans to divest or demerge the Jamshedpur sponge iron plant and Raigarh gas facility; it has shifted emphasis toward investment and lending activities in shares and securities, with ongoing board approvals for financial results and auditor appointments through 2025.