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Name of Company | Ashiana ispat Ltd |
BSE Code | 513401 |
NSE Code |
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ICICI Code | |
Established | 1992 |
My Take | So-So |
Headquarters | Alwar, Rajasthan |
Promoters | |
Story | 35% mostly held by family promoters. 5% held by Kamdhenu Ispat – the company for which Ashiana produces steel (using Kamdhenu brand name). |
Sector | Steel |
Sub-sector | TMT, CSD and HSD steel bars |
Website | |
Positives | Revenue rose from 60 Cr in FY08 to 200 Cr in FY08. In the same period, the net profit rose from 28 lakhs to 2.3 Cr. 1% is the the approximate NPM. |
Negatives | 50% of the investors are small investors (those who hold < Rs 1 lakh). Not sure why annual results for FY09 is not updated in BSE. |
Peers |
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May 15, 2010
Ashiana ispat Ltd 513401
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