1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Ashirwad Steels & Industries Ltd

Ashirwad Steels & Industries Ltd

BBSE:ASHSI
22.02
INR
-1.33
(-5.70%)
1.63EPS
13.81P/E
281.50MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
12.1
4.12
0.7
0.86
17.19
1.52
5.78
0.44
1.74
- -
- -
- -
- -
1.91
Basic EPS, GAAP
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
1.63
Free Cash Flow per Basic Share
-3.94
3.16
-0.71
-1.25
-2.56
-8.7
2.55
-1.58
6.28
13.19
7.36
-3.61
-3.51
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
40.55
40.47
41.07
41.77
42.15
48.51
44.61
45.16
49.09
62.7
64.68
66.5
68.11
- -
Tangible Book Value per Share
40.55
40.47
41.07
41.77
42.15
48.51
44.61
45.16
49.09
62.7
64.68
66.5
68.11
- -
Basic Weighted Avg Shares
13
13
13
13
13
13
13
13
13
13
13
13
13
12
Sales/Revenue/Turnover
151
51
9
11
215
19
72
6
22
- -
- -
- -
- -
24
Operating Margin (%)
-14.2
-24.17
-223.27
-170.58
-9.27
-115.84
-47.02
-581.76
-39.9
- -
- -
- -
- -
30.45
Depreciation Expense
11
7
6
6
6
5
4
4
4
1
1
1
1
1
Net Income, GAAP
4
-1
2
8
5
75
-37
-3
46
168
23
23
20
20
Effective Tax Rate (%)
- -
- -
- -
7.16
- -
21.74
- -
- -
3.3
10.15
29.22
25.85
24.5
25.12
Profit Margin (%)
2.46
-2.51
20.91
70.9
2.41
397.12
-50.86
-56.71
212.3
- -
- -
- -
- -
85.59
Working Capital
356
341
185
140
143
189
230
264
236
195
120
144
195
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
507
506
513
522
527
606
558
564
614
784
808
831
851
- -
Return on Invested Capital (%)
- -
- -
- -
1.44
- -
9.21
- -
- -
7.26
18.82
-1.02
-1.02
-1.05
- -
Return on Capital (%)
- -
- -
- -
1.51
- -
13.31
- -
- -
8.17
24.03
2.89
2.83
2.45
- -
Return on Common Equity (%)
0.74
-0.26
0.36
1.47
0.99
13.28
-6.31
-0.56
7.84
24
2.83
2.8
2.4
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
357
214
282

Working Capital

INR

•

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

Growth Rates

INR

•

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
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4
3
3
8
- -
2026
4
5
5
8
- -
2027
5
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.48
0.41
0.38
0.57
1.84
2026
0.4
0.49
0.36
0.37
1.62
2027
0.41
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Dalbir Chhibbar
Full Time Employees
7
Sector
Non-energy minerals
Industry
Steel
Address
6, Waterloo Street Kolkata WB India 700069
IPO Date
Feb 7, 1995
Website
ashirwadsteels.com
Similar Companies
Tata Steel Limited (NSE:TATASTEEL)
JSW Steel Limited (NSE:JSWSTEEL)
Eregli Demir Ve Celik Fabrikalari T.A.S. (BIST:EREGL)
Steel Authority of India Limited (NSE:SAIL)
Kardemir Karabiik Demir celik Sanayi ve Ticaret A.S. Class D (BIST:KRDMD)
Severstal (MOEX:CHMF)
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.