Ashoka Metcast Limited

Ashoka Metcast Limited (ASHOKAMET) is a micro-cap Metals & Mining company valued at ₹39 crore operating in Trading - Metals on the NSE and BSE.

Recent price move

Ashoka Metcast Limited last traded at ₹15.16, down 3.13% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing a significant rise in net profit despite a decline in revenue. The company has not paid dividends despite reporting profits, which may indicate capitalization of interest costs or other non-operational income.

Financial performance

The company's annual revenue fell 28.2% year-over-year, but net profit surged 120.0% due to improved margins. The latest quarter saw revenue drop 25.3% compared to the same quarter a year earlier, yet net profit jumped 185.8%.

Valuation multiples

The stock trades at 3.5 times earnings, 0.29 times book value.

Things to watch

The company's stock is 30.8% below its 52-week high, and it has not paid dividends despite repeated profits. The net profit margin has increased sharply, but this may be due to non-operational income rather than core business performance.

Where it stands

Ashoka Metcast Limited ended its latest quarter with revenue of ₹4 crore and net profit of ₹3 crore, showing a strong rise in profitability. The stock remains 30.8% below its 52-week high, and the company has not distributed any dividends to shareholders.

Summarised by DocStoX's model on 2026-09-10 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.