Ashirwad Steels & Industries Ltd (526847)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Ashirwad Steels' revenue was ₹0.5 Cr (+34.3% year on year, -33.7% on the previous quarter), and net profit ₹0.5 Cr (+1.9% year on year); the operating margin was 34.4%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.5 | +34.3% | -33.7% |
| Operating profit | ₹0.2 | +131.1% | -34.0% |
| Net profit | ₹0.5 | +1.9% | +10.8% |
| EPS (₹) | 0.41 | +2.5% | +10.8% |
| Operating margin | 34.4% | — | — |
📢 Recent Corporate Announcements
Ashirwad Steels & Industries reported a marginal 2.1% YoY increase in Net Profit to ₹50.97 Lacs for Q1 FY27. Revenue from operations grew 33% YoY to ₹53.74 Lacs, though it remains significantly lower than the company's net worth of ₹85 Cr. Notably, 'Other Income' at ₹58.68 Lacs exceeded operational revenue, reflecting the company's current focus on lending and investments rather than industrial steel production. The company remains debt-free but operates at a very small scale relative to its capital base.
- Net Profit for the quarter ended June 30, 2026, stood at ₹50.97 Lacs vs ₹49.90 Lacs in the previous year's corresponding quarter.
- Revenue from operations reached ₹53.74 Lacs, a 33% increase from ₹40.29 Lacs in June 2025.
- Other Income contributed ₹58.68 Lacs, accounting for 52% of the total income of ₹112.42 Lacs.
- Total expenses were controlled at ₹37.67 Lacs, with employee benefit expenses rising to ₹18.10 Lacs from ₹15.90 Lacs YoY.
- The company confirmed it had no trading or industrial business during the quarter, focusing entirely on lending and investments.
Ashirwad Steels & Industries has scheduled a board meeting for August 7, 2026, to consider and approve unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 28 Cr and very low TTM revenue of Rs 2 Cr. Despite the small scale of operations, it maintains a significant net worth of Rs 85 Cr and zero debt. The trading window for insiders has been closed since July 1, 2026, as per SEBI regulations.
- Board meeting scheduled for August 7, 2026, at 3:00 P.M. in Kolkata
- Financial results to be considered for the quarter ended June 30, 2026
- Trading window closed from July 1, 2026, until 48 hours after the results declaration
- Company TTM revenue is low at Rs 2 Cr compared to a net worth of Rs 85 Cr
- Promoter holding remains stable at 69.07% as of June 2026
Financial Performance
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