AFLOAT Enterprises Ltd

AFLOAT Enterprises Ltd (ADISHAKTI) is a micro-cap Industrial Products company valued at ₹13 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

AFLOAT Enterprises Ltd last traded at ₹10.66, up 4.92% on the day.

Recent developments

On 2026-06-30, promoter holding fell by 21.10 percentage points to 16.63%, indicating a significant reduction in promoter stake. The company's financial performance has been consistently weak, with no net profit reported in the latest four quarters.

Financial performance

The company's business is deteriorating, with annual revenue falling 70.5% and the latest quarter revenue down 86.9% compared to the same quarter a year earlier. Net profit remains at 0 crore for both the annual and latest quarter, with the net profit margin dropping to 0.0% from 4.5%.

Valuation multiples

A price-to-earnings ratio is not meaningful here; the stock trades at 0.37 times book value.

Things to watch

The company has reported 0 crore net profit for both the annual and latest quarter, with no improvement in the net profit margin. Promoter holding has decreased significantly, raising concerns about ownership stability. The stock is 34.5% below its 52-week high, reflecting a substantial decline in value.

Where it stands

The company continues to report zero net profit, with revenue declining sharply on an annual and quarterly basis. The most significant movement is the 34.5% drop from the 52-week high, highlighting the current weakness in the stock.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.