Flash Finance

Ankit Metal & Power LimitedANKITMETALCorporate

Steel - Medium / Small Latest results: Dec 2023 13 quarters of data
₹2.41
MCap ₹34 Cr
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🏭 Metal sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹147 Cr
Sales · Dec 2023
-25.4% YoY
₹-67 Cr
Operating Profit · Dec 2023
-97.1% YoY
-45.6%
OPM % · Dec 2023
-163.6% YoY
₹-76 Cr
Net Profit · Dec 2023
-76.7% YoY
₹-5.39
EPS · Dec 2023
-76.1% YoY

📝 Ankit Metal & Power Limited — results explained

Quarter ended December 2023 (Q3 FY24)

Ankit Metal & Power Limited reported revenue of ₹147 crore for the quarter ended December 2023 (Q3 FY24), down 25.4% from ₹197 crore in the same quarter last year, and down 28.6% sequentially over the September 2023 quarter.

The company reported a net loss of ₹76 crore, against a net loss of ₹43 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-5.39.

Operating profit stood at ₹-67 crore — an operating margin (OPM) of -45.6%, compared with -17.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY24, Ankit Metal & Power Limited posted revenue of ₹556 crore, a decline of 34.8% over FY23, with a net loss of ₹226 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹818 crore with a net loss of ₹257 crore.

Valuation snapshot

At the current price of ₹2.41, ANKITMETAL has a market capitalisation of ₹34 crore.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Mar 2024, promoters held 71.02%, public shareholders 28.99% of Ankit Metal & Power Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹34 Cr
Current Price ?
₹2.4
P/E ?
N/A
Industry P/E ?
20.50
P/B ?
-0.03
P/S ?
0.04
P/FCF ?
0.97
Enterprise Value ?
₹1,139 Cr
EV/EBITDA ?
-5.00
PEG ?
N/A
Earnings Yield ?
-23.1%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹818 Cr
OPM ?
-27.9%
Profit after tax (TTM) ?
₹-257 Cr
EPS (TTM) ?
₹-18.21
ROCE ?
-34.0%
ROE ?
24.9%
ROA ?
-21.8%
Growth
Sales — latest qtr ?
₹147 Cr
PAT — latest qtr ?
₹-76 Cr
YoY qtr sales growth ?
-25.4%
YoY qtr profit growth ?
-76.7%
Sales growth (3y) ?
16%
Sales growth (5y) ?
36%
Profit growth (3y) ?
-12%
Profit growth (5y) ?
8%
Financial Health
Debt ?
₹1,105 Cr
Debt to Equity ?
-1.07
Interest Coverage ?
N/A
Current Ratio ?
N/A
Ownership
Promoter holding ?
71.02%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
66.2%
Return 6 months ?
44.3%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Dec bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023 YoY % QoQ %
Sales 66209141212149239207187197262203206147 -25.4% -28.6%
Operating Profit -83-411514-4-3-34-22-45-94-67 -97.1% +28.7%
Other Income 00160010000070 — -100.0%
Interest 3222100000000 — —
Depreciation 914121110999988910 +11.1% +11.1%
Profit Before Tax -20-13-39-12-66-14-12-43-31-53-97-76 -76.7% +21.6%
Net Profit -20-13-39-12-66-14-12-43-31-53-97-76 -76.7% +21.6%
EPS -1.43-0.94-2.78-0.83-0.450.40-0.96-0.82-3.06-2.17-3.77-6.87-5.39 -76.1% +21.5%
OPM % -12.1% 1.4% -29.1% 0.5% 3.4% 5.9% -1.9% -1.6% -17.3% -8.4% -22.2% -45.6% -45.6% -163.6% +0.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY23 FY24 TTM YoY %
Sales ₹853 Cr ₹556 Cr ₹818 Cr -34.8%
Operating Profit ₹-63 Cr ₹-206 Cr ₹-228 Cr -227.0%
OPM % -7.39% -37.05% -27.87% -401.4%
NPM % -11.72% -40.65% -31.42% -246.8%
Other Income ₹0 Cr ₹7 Cr ₹7 Cr —
Depreciation ₹35 Cr ₹27 Cr ₹35 Cr -22.9%
Interest ₹0 Cr ₹0 Cr ₹0 Cr —
EBIT ₹-98 Cr ₹-233 Cr ₹-263 Cr -137.8%
PBT ₹-100 Cr ₹-226 Cr ₹-257 Cr -126.0%
Tax — — — —
Net Profit ₹-100 Cr ₹-226 Cr ₹-257 Cr -126.0%
EPS ₹-7.01 ₹-16.03 ₹-18.20 -128.7%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2021Mar 2022Mar 2023Sep 2023 % Chg
Equity Capital 141141141141 +0.0%
Reserves -875-926-1,024-1,173 -14.6%
Borrowings 1,1701,1401,1051,105 +0.0%
Other Liabilities 7818659731,105 +13.6%
Total Liabilities 1,2161,2191,1951,178 -1.4%
Fixed Assets 504461426408 -4.2%
CWIP 0284747 +0.0%
Investments 0000 —
Other Assets 712729722722 +0.0%
Total Assets 1,2161,2191,1951,178 -1.4%

💧 Cash Flow (latest 4 periods)

Metric Mar 2020Mar 2021Mar 2022Mar 2023 % Chg
Cash from Operating Activity 212276054 -10.0%
Cash from Investing Activity 00-28-19 +32.1%
Cash from Financing Activity -212-27-32-35 -9.4%
Net Cash Flow -00-00 —
Free Cash Flow 212273235 +9.4%
CFO/OP 1,046%-211%-1,160%-85% +92.7%

➗ Ratios (latest 4 periods)

Metric Mar 2020Mar 2021Mar 2022Mar 2023 % Chg
Debtor Days 74451726 +52.9%
Inventory Days 446651387292 -24.5%
Days Payable 416537390302 -22.6%
Cash Conversion Cycle 1051591417 +21.4%
Working Capital Days -622-926-583-574 +1.5%
ROCE % -5%-12%-12%-34% -183.3%

👥 Shareholding (latest 4 periods)

Metric Mar 2023Jun 2023Sep 2023Mar 2024 % Chg
Promoters 71.02%71.02%71.02%71.02% +0.0%
Public 28.99%28.98%28.99%28.99% +0.0%
No. of Shareholders 34,86434,56433,89633,216 -2.0%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 ANKITMETAL Ankit Metal ₹1.64 23 — 818 -257 -27.9% -31.4% -34.8% -126.0% -25.4% -76.7%
❓ Frequently asked questions
What was Ankit Metal & Power Limited's revenue in Q3 FY24?
Ankit Metal & Power Limited reported revenue of ₹147 crore for the quarter ended December 2023 (Q3 FY24), down 25.4% from ₹197 crore in the same quarter last year, and down 28.6% sequentially over the September 2023 quarter.
What was Ankit Metal & Power Limited's net profit in Q3 FY24?
The company reported a net loss of ₹76 crore, against a net loss of ₹43 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-5.39.
What is ANKITMETAL's market capitalisation and P/E ratio?
At the current price of ₹2.41, ANKITMETAL has a market capitalisation of ₹34 crore.
Who owns Ankit Metal & Power Limited? (shareholding pattern)
As of Mar 2024, promoters held 71.02%, public shareholders 28.99% of Ankit Metal & Power Limited.
TTM ends 2023-12-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI