MarketFriction

Aanchal Ispat Ltd

BSE 538812 · Iron & Steel Products
₹62.21 -3.51%
BSE close2026-10-01
Market cap₹27.1 Cr.
P/E10.8

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9.028.3547.2643.9938.7433.8034.6022.6718.3019.4238.3724.76
Expenses10.3110.2547.9243.9538.7733.9139.3722.5118.4218.7638.2424.66
Operating Profit-1.29-1.90-0.660.04-0.03-0.11-4.770.16-0.120.660.130.10
OPM %-14.30%-22.75%-1.40%0.09%-0.08%-0.33%-13.79%0.71%-0.66%3.40%0.34%0.40%
Other Income0.020.010.000.090.000.04-12.520.050.480.061.940.61
Interest2.110.00-0.73-0.010.000.020.000.000.000.000.020.01
Depreciation0.160.160.150.130.130.130.260.150.160.160.150.14
Profit before tax-3.54-2.05-0.080.01-0.16-0.22-17.550.060.200.561.900.56
Tax %0.00%0.00%-1,612.50%0.00%0.00%0.00%-25.70%16.67%-5.00%0.00%36.84%0.00%
Net Profit-3.54-2.051.210.01-0.15-0.22-13.050.050.210.571.190.55
EPS in Rs-1.70-0.980.580.00-0.07-0.11-6.260.020.102.014.201.30
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales22727938435317012117019410915199101
Expenses22127337734317412317321711315698100
Operating Profit66710-4-2-3-23-3-511
OPM %2.6%2.2%1.9%2.9%-2.5%-1.9%-1.8%-12%-3.0%-3.2%0.9%0.8%
Other Income11112341-0-1233
Interest555657784000
Depreciation101111111111
Profit before tax1224-8-6-6-30-8-1833
Tax %31%39%40%35%-0%-15%-21%-23%-17%-25%26%
Net Profit1113-8-5-5-23-6-1323
EPS in Rs0.480.590.641.34-3.98-2.58-2.23-11.25-3.00-6.437.137.61
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-8%-4%-20%-22%
Compounded Profit Growth7%19%28%407%
Stock Price CAGR29%51%86%%
Return on Equity-10%-28%-14%35%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital21212121212121212121213
Reserves18194041443530262-4-175
Borrowings2427394045627178818402
Other Liabilities28353452351111107165559
Total Liabilities911031341541451291321341111175969
Fixed Assets6726272726262625252424
CWIP000000000000
Investments000000000000
Other Assets859610812711810210610885923445
Total Assets911031341541451291321341111175969
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-65-553-17-5026-3-2
Cash from Investing Activity-200-1-0-1-00-0-00-0
Cash from Financing Activity8-17-4-01120-5-0-04
Net Cash Flow-04202-6-20-36-33
Free Cash Flow-73-632-17-5026-3-2
CFO/OP-105%82%-72%79%44%405%199%0%-10%-193%52%-184%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days103797774701672221651031891437
Inventory Days536649393534683832432440
Days Payable485140433316121129723
Cash Conversion Cycle108948669711842781931332233154
Working Capital Days60464030316125616684-79-13-33
ROCE %8%10%8%7%10%-3%0%1%-20%-4%-10%41%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters32.21%32.09%32.09%31.85%31.71%31.64%31.64%31.64%31.64%94.97%75.00%50.20%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.13%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%16.54%
Public67.79%67.91%67.90%68.15%68.29%68.36%68.36%68.36%68.36%5.03%24.99%31.15%
No. of Shareholders6,5176,4786,3326,2726,0996,2206,2836,2586,2584,2504,2794,624

Fundamentals

Market Cap₹ 27.1 Cr.
Current Price₹ 64.0
Stock P/E10.8
Book Value₹ 28.9
ROCE41.3 %
ROE34.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-22%
Compounded Profit Growth (TTM)407%
Standalone figures.
Valuation
Market capRs 18 Cr
Enterprise valueRs 13 Cr
P/E (TTM)6.99x
Price to book2.15x
Price to sales0.17x
EV / EBITDA3.44x
EV / EBIT4.08x
EV / sales0.13x
Earnings yield14.30%
P/E, 3-year average3.43x
P/B, 3-year average1.22x
P/E, 5-year average3.43x
P/B, 5-year average1.13x
Profitability
Operating margin (excl. other income)0.86%
Operating margin (incl. other income)3.41%
EBITDA margin3.83%
Pre-tax margin3.19%
Net profit margin2.50%
Net margin, latest quarter2.22%
ROE34.71%
ROCE41.26%
ROA3.16%
ROE, 3-year average-42.91%
ROCE, 3-year average1.02%
ROA, 3-year average-5.85%
ROE, 5-year average-41.07%
ROCE, 5-year average-3.26%
ROA, 5-year average-8.03%
ROIC (approx.)62.85%
Tax rate25.74%
Other income / net worth30.77%
Growth
Sales growth (latest year)-34.65%
Sales CAGR, 3 years-20.16%
Sales CAGR, 5 years-3.94%
Sales growth QoQ-35.47%
Profit growth QoQ-53.78%
Sales growth YoY (latest quarter)9.22%
Profit growth YoY (latest quarter)1000.00%
Per share
EPS (TTM)Rs 8.89
EPS (latest year)Rs 7.13
EPS (latest quarter)Rs 1.94
EPS, 3-year averageRs -0.76
EPS, 5-year averageRs -3.16
Book value per shareRs 28.91
Sales per shareRs 355.94
Cash flow per shareRs -6.28
Free cash flow per shareRs -7.06
Efficiency
Asset turnover1.43x
Fixed asset turnover4.20x
Inventory turnover10.06x
Inventory days36 days
Debtor days37 days
Debtors turnover9.77x
Creditor days23 days
Cash conversion cycle54 days
Working capital days-33 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 6 Cr
Net debtRs -4 Cr
Debt to equity0.21x
Net debt / EBITDA-1.13x
Interest coverage108.33x
Owners' fund to total sources11.89%
Debt to assets2.45%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -2 Cr
Statement figures
Net sales (TTM)Rs 101 Cr
Net sales (latest year)Rs 99 Cr
Sales (latest quarter)Rs 25 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 94 Cr
Total expenditure (latest year)Rs 98 Cr
Total income (latest year)Rs 101 Cr
Share capitalRs 3 Cr
ReservesRs 5 Cr
Shareholders' fundsRs 8 Cr
Total assetsRs 69 Cr
Net blockRs 24 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 10 Cr
InventoryRs 9 Cr
Other liabilitiesRs 59 Cr
Shares outstanding (crore)0.28
Ownership
Promoter holding50.20% (+18.56 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.0 is at the 89th percentile of its own 3.8-year range (median 2.1, low 0.5, high 17.1).
P/B 2.15 is at the 93th percentile (median 0.07).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period538812Nifty 50Difference
1 week-4.1%-2.8% -1.4 pts
1 month-9.5%-6.8% -2.7 pts
3 months-48.9%-7.6% -41.3 pts
3 years+491.9%+14.2% +477.7 pts
5 years+598.2%+27.9% +570.3 pts

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 80% vs sales -35% in 2026
lookProfit leans on other income Other income was 93% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹25 Cr +9.2% vs Jun 2025. Net profit ₹1 Cr +1000.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Aanchal Ispat Ltd?

Aanchal Ispat Ltd (538812) has a market capitalisation of Rs 27.1 Cr. at the 2026-10-01 close.

What is the P/E ratio of Aanchal Ispat Ltd?

Aanchal Ispat Ltd trades at a P/E of 10.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Aanchal Ispat Ltd's latest quarterly results?

In the Jun 2026 quarter, Aanchal Ispat Ltd sales was Rs 25 Cr (+9.2% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03