BSE:526847

Stock Analysis Report

Ashirwad Steels & Industries

Executive Summary

Ashirwad Steels & Industries Limited manufactures and supplies sponge iron in India.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

How has Ashirwad Steels & Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

526847

0.9%

IN Metals and Mining

0.5%

IN Market


1 Year Return

-15.2%

526847

-31.9%

IN Metals and Mining

0.9%

IN Market

Return vs Industry: 526847 exceeded the Indian Metals and Mining industry which returned -31.9% over the past year.

Return vs Market: 526847 underperformed the Indian Market which returned 0.9% over the past year.


Share holder returns

526847IndustryMarket
7 Day0%0.9%0.5%
30 Day9.0%-4.2%1.0%
90 Dayn/a-15.4%-3.2%
1 Year-15.2%-15.2%-29.0%-31.9%2.8%0.9%
3 Year-22.3%-22.3%0.04%-11.2%20.3%14.3%
5 Year20.9%20.9%4.6%-12.7%43.1%29.8%

Price Volatility Vs. Market

How volatile is Ashirwad Steels & Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ashirwad Steels & Industries undervalued based on future cash flows and its price relative to the stock market?

1.12x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate 526847's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 526847's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: 526847 is good value based on its PE Ratio (1.1x) compared to the Metals and Mining industry average (8.3x).

PE vs Market: 526847 is good value based on its PE Ratio (1.1x) compared to the Indian market (13.1x).


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate 526847's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: 526847 is good value based on its PB Ratio (0.1x) compared to the IN Metals and Mining industry average (0.8x).


Next Steps

Future Growth

How is Ashirwad Steels & Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: 526847's forecast earnings growth (11.1% per year) is above the savings rate (7.6%).

Earnings vs Market: 526847's earnings (11.1% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 526847's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 526847's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 526847's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if 526847's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Ashirwad Steels & Industries performed over the past 5 years?

72.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 526847 has become profitable over the past 5 years, growing earnings by 72.7% per year.

Accelerating Growth: 526847's earnings growth over the past year (1268.3%) exceeds its 5-year average (72.7% per year).

Earnings vs Industry: 526847 earnings growth over the past year (1268.3%) exceeded the Metals and Mining industry 14.3%.


Return on Equity

High ROE: 526847's Return on Equity (12%) is considered low.


Return on Assets

ROA vs Industry: 526847 has a higher Return on Assets than the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: 526847 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Ashirwad Steels & Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 526847's short term assets (₹192.4M) exceeds its short term liabilities (₹3.3M)

Long Term Liabilities: 526847's short term assets (192.4M) exceeds its long term liabilities (6.9M)


Debt to Equity History and Analysis

Debt Level: 526847 is debt free.

Reducing Debt: 526847 had no debt 5 years ago.

Debt Coverage: 526847 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 526847 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 526847 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 526847's debt is covered by short term assets.


Next Steps

Dividend

What is Ashirwad Steels & Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate 526847's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 526847's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 526847's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526847's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526847's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Ashirwad Steels & Industries's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average board tenure


CEO

Dalbir Chhibbar 0

0yrs

Tenure

₹900,000

Compensation

Mr. Dalbir Chhibbar serves as the Managing Director of Ashirwad Steels & Industries Ltd. Mr. Chhibbar had been Chairman of Ashirwad Steels & Industries Ltd since April 12, 2016 until April 2019 and serves  ...


CEO Compensation Analysis

Compensation vs. Market: Dalbir's total compensation ($USD12.69K) is too low to compare against companies of similar size in the Indian market ($USD25.38K).

Compensation vs Earnings: Dalbir's compensation has been consistent with company performance over the past year.


Board Age and Tenure

3.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 526847's board of directors are considered experienced (3.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Dalbir Chhibbar

    MD & Director

    • Tenure: 0yrs
    • Compensation: ₹900.00k
  • Vishesh Chhibbar (29yo)

    Compliance Officer & Director

    • Tenure: 3.3yrs
  • Chandra Srivastava

    Chief Financial Officer

    • Tenure: 0.6yrs

Board Members

  • Dalbir Chhibbar

    MD & Director

    • Tenure: 0yrs
    • Compensation: ₹900.00k
  • Puranmal Agarwal (68yo)

    Non-Executive Director

    • Tenure: 26.8yrs
  • Sushma Chhibbar (57yo)

    Non-Executive Director

    • Tenure: 13.3yrs
  • Vishesh Chhibbar (29yo)

    Compliance Officer & Director

    • Tenure: 3.3yrs
  • Lalit Choudhury

    Independent Chairman of the Board

    • Tenure: 0.5yrs
    • Compensation: ₹21.00k
  • Neeraj Chhabra

    Independent Non Executive Director

    • Tenure: 0.8yrs
    • Compensation: ₹3.00k

Company Information

Ashirwad Steels & Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ashirwad Steels & Industries Limited
  • Ticker: 526847
  • Exchange: BSE
  • Founded: 1986
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹83.125m
  • Shares outstanding: 12.50m
  • Website: https://www.ashirwadsteels.com

Number of Employees


Location

  • Ashirwad Steels & Industries Limited
  • 6, Waterloo Street
  • Suite No.506
  • Kolkata
  • West Bengal
  • 700069
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526847BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2005

Biography

Ashirwad Steels & Industries Limited manufactures and supplies sponge iron in India. The company’s sponge iron is used as an input in manufacturing finished steel. It is also involved in bottling hydrocarb ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 12:31
End of Day Share Price2019/10/07 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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