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Ashoka Metcast Ltd
BSE:540923

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Ashoka Metcast Ltd
BSE:540923
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Price: 14.42 INR 3.3% Market Closed
Market Cap: ₹360.5m

Gross Margin

17%
Current
Declining
by 2.4%
vs 3-y average of 19.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
17%
=
Gross Profit
₹40.9m
/
Revenue
₹240.4m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
17%
=
Gross Profit
₹40.9m
/
Revenue
₹240.4m

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Ashoka Metcast Ltd
BSE:540923
360.4m INR
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JP
Mitsubishi Corp
TSE:8058
18.8T JPY
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JP
Mitsui & Co Ltd
TSE:8031
16.9T JPY
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JP
Itochu Corp
TSE:8001
16.6T JPY
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JP
Marubeni Corp
TSE:8002
8.8T JPY
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US
Fastenal Co
NASDAQ:FAST
53.4B USD
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US
WW Grainger Inc
XMUN:GWW
46.7B EUR
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US
W W Grainger Inc
NYSE:GWW
52.6B USD
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US
United Rentals Inc
NYSE:URI
51.2B USD
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US
Ferguson Enterprises Inc
NYSE:FERG
45.1B USD
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JP
Sumitomo Corp
TSE:8053
7T JPY
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Market Distribution

Lower than 83% of companies in India
Percentile
17th
Based on 4 996 companies
17th percentile
17%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Ashoka Metcast Ltd
Glance View

Ashoka Metcast Ltd. is a holding company, which engages in the manufacturing and trading of structural steel products. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2018-02-05. The firm is engaged in the business of trading of steel, trading of goods and others. The Company’s products and services include thermo-mechanically treated (TMT) bars, angles, mild steel (MS) bars and channels. Its steel products include round bar, flat bar and other. TMT bars are used for building homes, multistoried high rise, bridges, flyovers and other civil engineering structures. Angle bars are steel bars that are used as support for corners and outer rims that are used for various walls and surfaces. MS Bars are used for tensile stress of Reinforced cement concrete (RCC) slab beams and others in reinforced cement concrete work. Steel channels are used as supports and guide rails. The company offers various channels category, including J channels, Hat channels, U channels and hemmed channels. The firm's wholly owned subsidiary is Rhetan Rolling Mills Private Limited.

ASHOKAMET Intrinsic Value
9.32 INR
Overvaluation 35%
Intrinsic Value
Price
A
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
17%
=
Gross Profit
₹40.9m
/
Revenue
₹240.4m
What is Ashoka Metcast Ltd's current Gross Margin?

The current Gross Margin for Ashoka Metcast Ltd is 17%, which is below its 3-year median of 19.4%.

How has Gross Margin changed over time?

Over the last 3 years, Ashoka Metcast Ltd’s Gross Margin has increased from 13.5% to 17%. During this period, it reached a low of 13.5% on Sep 30, 2022 and a high of 24.6% on Dec 31, 2024.

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