Price
Financials
Standalone, Rs crore| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 209 | 141 | 212 | 149 | 239 | 207 | 187 | 197 | 262 | 203 | 206 | 147 |
| Expenses | 206 | 182 | 211 | 145 | 224 | 212 | 190 | 231 | 285 | 248 | 300 | 213 |
| Operating Profit | 3 | -41 | 1 | 5 | 14 | -4 | -3 | -34 | -22 | -45 | -94 | -67 |
| OPM % | 1.2% | -29% | 0.4% | 3.1% | 6% | -2.2% | -1.5% | -17% | -9% | -22% | -46% | -45% |
| Other Income | 0 | 16 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 7 | 0 |
| Interest | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 14 | 12 | 11 | 10 | 9 | 9 | 9 | 9 | 8 | 8 | 9 | 10 |
| Profit before tax | -13 | -39 | -12 | -6 | 6 | -14 | -12 | -43 | -31 | -53 | -97 | -76 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -13 | -39 | -12 | -6 | 6 | -14 | -12 | -43 | -31 | -53 | -97 | -76 |
| EPS in Rs | -0.94 | -2.78 | -0.83 | -0.45 | 0.40 | -0.96 | -0.82 | -3.06 | -2.17 | -3.77 | -6.87 | -5.39 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,193 | 1,476 | 1,148 | 962 | 24 | 186 | 409 | 548 | 418 | 757 | 854 | 818 |
| Expenses | 1,017 | 1,410 | 1,164 | 1,124 | 259 | 265 | 454 | 528 | 431 | 762 | 917 | 1,046 |
| Operating Profit | 176 | 65 | -17 | -162 | -236 | -79 | -45 | 20 | -13 | -5 | -63 | -228 |
| OPM % | 15% | 4.4% | -1.5% | -17% | -998% | -42% | -11% | 3.7% | -3.1% | -0.7% | -7% | -28% |
| Other Income | 1 | 3 | 10 | 1 | -8 | 0 | 0 | 0 | 0 | 1 | 0 | 7 |
| Interest | 71 | 115 | 113 | 135 | 15 | 62 | 3 | 44 | 19 | 5 | 0 | 0 |
| Depreciation | 41 | 60 | 74 | 61 | 41 | 41 | 45 | 51 | 44 | 42 | 35 | 35 |
| Profit before tax | 65 | -106 | -193 | -357 | -299 | -181 | -92 | -75 | -76 | -52 | -99 | -257 |
| Tax % | 21% | -28% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | 51 | -77 | -193 | -357 | -299 | -181 | -92 | -75 | -76 | -52 | -99 | -257 |
| EPS in Rs | 5.37 | -6.27 | -15.83 | -25.30 | -21.21 | -12.85 | -6.54 | -5.32 | -5.37 | -3.66 | -7.00 | -18.20 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -3% | 36% | 16% | -1% | ||
| Compounded Profit Growth | % | 8% | -12% | -310% | ||
| Stock Price CAGR | 1% | 0% | -29% | -6% | ||
| Return on Equity | % | % | % | % |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 95 | 122 | 122 | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 |
| Reserves | 404 | 381 | 187 | -151 | -450 | -632 | -724 | -800 | -875 | -926 | -1,024 | -1,173 |
| Borrowings | 823 | 834 | 1,201 | 1,252 | 1,245 | 1,239 | 1,220 | 1,197 | 1,170 | 1,140 | 1,105 | 1,105 |
| Other Liabilities | 334 | 430 | 447 | 658 | 682 | 737 | 793 | 737 | 781 | 865 | 973 | 1,105 |
| Total Liabilities | 1,656 | 1,766 | 1,957 | 1,899 | 1,618 | 1,485 | 1,430 | 1,275 | 1,216 | 1,219 | 1,195 | 1,178 |
| Fixed Assets | 706 | 849 | 776 | 715 | 685 | 644 | 599 | 548 | 504 | 461 | 426 | 408 |
| CWIP | 165 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 28 | 47 | 47 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 785 | 915 | 1,180 | 1,183 | 932 | 841 | 831 | 727 | 712 | 729 | 722 | 722 |
| Total Assets | 1,656 | 1,766 | 1,957 | 1,899 | 1,618 | 1,485 | 1,430 | 1,275 | 1,216 | 1,219 | 1,195 | 1,178 |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 26 | 18 | 61 | -255 | 46 | 84 | 108 | 139 | 212 | 27 | 60 | 54 |
| Cash from Investing Activity | -410 | -200 | -50 | 17 | 8 | -6 | 4 | -0 | 0 | 0 | -28 | -19 |
| Cash from Financing Activity | 387 | 173 | -13 | 242 | -59 | -81 | -113 | -140 | -212 | -27 | -32 | -35 |
| Net Cash Flow | 3 | -8 | -1 | 5 | -5 | -3 | -0 | -2 | -0 | 0 | -0 | 0 |
| Free Cash Flow | -381 | -183 | 22 | -255 | 46 | 74 | 108 | 139 | 212 | 27 | 32 | 35 |
| CFO/OP | 35% | 15% | 99% | 1,518% | -28% | -36% | -138% | -310% | 1,046% | -211% | -1,160% | -85% |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70 | 79 | 80 | 105 | 116 | 3,944 | 293 | 131 | 74 | 45 | 17 | 26 |
| Inventory Days | 99 | 140 | 120 | 231 | 258 | 867 | 943 | 533 | 446 | 651 | 387 | 292 |
| Days Payable | 76 | 90 | 90 | 135 | 192 | 917 | 948 | 548 | 416 | 537 | 390 | 302 |
| Cash Conversion Cycle | 93 | 130 | 110 | 202 | 182 | 3,894 | 288 | 116 | 105 | 159 | 14 | 17 |
| Working Capital Days | 27 | 33 | -16 | 91 | -4 | -5,353 | -1,134 | -660 | -622 | -926 | -583 | -574 |
| ROCE % | 9% | 11% | 1% | -6% | -16% | -25% | -14% | -13% | -5% | -12% | -12% | -34% |
| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% |
| Public | 28.98% | 28.98% | 28.98% | 28.98% | 28.98% | 28.98% | 28.98% | 28.97% | 28.99% | 28.98% | 28.99% | 28.99% |
| No. of Shareholders | 10,051 | 11,024 | 11,496 | 21,109 | 31,035 | 34,558 | 35,696 | 35,501 | 34,864 | 34,564 | 33,896 | 33,216 |
Fundamentals
Market Cap₹ 27.4 Cr.
Current Price₹ 1.94
Book Value₹ -73.2
ROCE-34.2 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-310%
Standalone figures.
Valuation
Market capRs 29 Cr
Enterprise valueRs 1,133 Cr
Price to book-0.03x
Price to sales0.04x
EV / sales1.38x
Price to cash flow0.54x
Earnings yield-883.38%
P/B, 3-year average-0.08x
P/B, 5-year average-0.05x
Profitability
Operating margin (excl. other income)-7.43%
Operating margin (incl. other income)-7.42%
EBITDA margin-27.04%
Pre-tax margin-31.39%
Net profit margin-31.39%
Net margin, latest quarter-51.79%
ROE11.84%
ROCE-34.20%
ROA-8.18%
ROE, 3-year average9.84%
ROCE, 3-year average-19.25%
ROA, 3-year average-6.17%
ROE, 5-year average11.76%
ROCE, 5-year average-15.19%
ROA, 5-year average-6.07%
ROIC (approx.)-116.05%
Other income / net worth-0.01%
Growth
Sales growth (latest year)12.85%
Sales CAGR, 3 years15.92%
Sales CAGR, 5 years35.59%
Sales growth QoQ-28.67%
Sales growth YoY (latest quarter)-25.51%
Per share
EPS (TTM)Rs -18.20
EPS (latest year)Rs -7.00
EPS (latest quarter)Rs -5.39
EPS, 3-year averageRs -5.34
EPS, 5-year averageRs -5.58
Book value per shareRs -62.55
Sales per shareRs 57.97
Cash flow per shareRs 3.82
Free cash flow per shareRs 2.48
Efficiency
Asset turnover0.71x
Fixed asset turnover2.00x
Inventory turnover1.57x
Inventory days232 days
Debtor days26 days
Debtors turnover13.89x
Creditor days302 days
Cash conversion cycle17 days
Working capital days-574 days
Leverage
Total debtRs 1,105 Cr
Cash and bankRs 1 Cr
Net debtRs 1,104 Cr
Debt to equity-1.25x
Interest coverage-2333.55x
Owners' fund to total sources-73.86%
Debt to assets92.46%
Cash flow
Cash from Operating Activity (latest year)Rs 54 Cr
Cash from Investing Activity (latest year)Rs -19 Cr
Cash from Financing Activity (latest year)Rs -35 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 35 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Sales to cash flow15.82x
Statement figures
Net sales (TTM)Rs 818 Cr
Net sales (latest year)Rs 854 Cr
Sales (latest quarter)Rs 147 Cr
Operating profit excl. other income (latest year)Rs -63 Cr
Operating profit (latest quarter)Rs -67 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -221 Cr
PBDT (TTM)Rs -221 Cr
Profit before tax (TTM)Rs -257 Cr
Net profit (TTM)Rs -257 Cr
Net profit (latest year)Rs -99 Cr
Net profit (latest quarter)Rs -76 Cr
Depreciation (TTM)Rs 35 Cr
Depreciation (latest quarter)Rs 10 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 900 Cr
Total expenditure (latest year)Rs 917 Cr
Total income (latest year)Rs 854 Cr
Share capitalRs 141 Cr
ReservesRs -1,024 Cr
Shareholders' fundsRs -883 Cr
Total assetsRs 1,195 Cr
Net blockRs 426 Cr
Capital work in progressRs 47 Cr
InvestmentsRs 0 Cr
ReceivablesRs 61 Cr
InventoryRs 572 Cr
Other liabilitiesRs 973 Cr
Shares outstanding (crore)14.11
Ownership
Promoter holding71.02% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | ANKITMETAL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +11.4% | -2.8% | +14.1 pts |
| 1 month | +19.8% | -6.8% | +26.6 pts |
| 3 months | +40.1% | -7.6% | +47.8 pts |
| 6 months | +59.7% | +0.4% | +59.3 pts |
| 1 year | -2.4% | -9.9% | +7.5 pts |
| 2 years | -45.1% | -13.6% | -31.5 pts |
| 3 years | -61.9% | +14.2% | -76.0 pts |
| 5 years | +3.0% | +27.9% | -24.9 pts |
Red flags
F-score 5 of 8| serious | Negative equity Shareholders' equity is negative |
| look | Repeated losses Net loss in each of the last two years |
| look | On NSE surveillance On NSE surveillance: GSM, Insolvency |
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
Dec 2023Sales ₹147 Cr -25.4% vs Dec 2022.
Net loss ₹76 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| JSW Steel Ltd | 311,160 | 25.8 | 11.0 % |
| Tata Steel Ltd | 234,690 | 19.8 | 12.5 % |
| Jindal Steel Ltd | 115,270 | 37.3 | 9.70 % |
| Steel Authority of India Ltd | 75,101 | 15.6 | 7.92 % |
| Jindal Stainless Ltd | 60,867 | 18.5 | 19.3 % |
| Sarda Energy & Minerals Ltd | 17,631 | 15.7 | 16.9 % |
| Vedanta Iron & Steel Ltd | 12,846 | % | |
| NMDC Steel Ltd | 12,247 | 146 | 3.06 % |
| Sandur Manganese & Iron Ores Ltd | 8,881 | 12.0 | 24.2 % |
| Jai Balaji Industries Ltd | 5,779 | 39.5 | 9.57 % |
| Prakash Industries Ltd | 2,178 | 6.96 | 9.56 % |
| Manaksia Steels Ltd | 733 | 13.5 | 13.4 % |
| Scan Steels Ltd | 304 | 13.4 | 7.05 % |
| KIC Metaliks Ltd | 108 | 33.6 | 4.01 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2018-09-18 | Annual General Meeting | |
| 2017-09-12 | Annual General Meeting | |
| 2016-09-19 | Annual General Meeting | |
| 2015-09-18 | Annual General Meeting | |
| 2014-09-18 | Annual General Meeting | |
| 2013-09-19 | Annual General Meeting |
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.
| Order date | Forum | Case |
|---|---|---|
| 2020-01-20 | NCLAT | R. S. Fuel Pvt. Ltd. VS Ankit Metal & Power Ltd. |
| 2018-12-18 | NCLT | G.M. Corporation Vs Ankit Metal & Power Ltd. |
| 2017-11-09 | NCLAT | M/s Paharpur Cooling Towers Limited VS M/s Ankit Metal & Power Limited |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
GSMInsolvency Resolution Process(IRP)Less than 100 unique PAN traded in previous 30 daysThe Overall encumbered share in the scrip is more than 50 Percent.Under BZ/SZ Series