Aditya Ultra Steel Ltd
Metals & Mining | Small Cap
Aditya Ultra Steel Ltd exhibits a mixed financial profile. The company shows strong solvency, growth, and profitability, driven by effective debt management, significant revenue and profit increases, and robust returns on capital and equity. Efficiency is moderate, with high fixed asset turnover balanced by issues in inventory and receivables management. However, the firm's liquidity is notably weak, with low current, quick, and cash ratios, indicating potential challenges in meeting short-term obligations. Coverage ratios are also a concern due to low-interest coverage and no dividend coverage. The company has very low adjusted EPS and book value per share. Despite these challenges, the positive growth and profitability trends suggest potential for improved financial health if liquidity and coverage issues are addressed.
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- Valuation MetricsHighly Undervalued
- Market Metrics
- Stock Reports
- Stock News
- Growth Ratio10.00
- Financial Ratio4.00
- Profitability Ratio10.00
- Efficiency Ratio7.00
- Coverage Ratio4.40
- Solvency Ratio10.00
- Liquidity Ratio2.00
- Peer Assessment
- Management AssessmentBalanced
- Risk AssessmentBalanced
- 1 HourBullish
- 2 HoursNeutral
- 4 HoursNeutral
- 1 DayBearish
- 1 WeekBearish
- 1 MonthNeutral
Aditya Ultra Steel Ltd exhibits a mixed financial profile. The company shows strong solvency, growth, and profitability, driven by effective debt management, significant revenue and profit increases, and robust returns on capital and equity. Efficiency is moderate, with high fixed asset turnover balanced by issues in inventory and receivables management. However, the firm's liquidity is notably weak, with low current, quick, and cash ratios, indicating potential challenges in meeting short-term obligations. Coverage ratios are also a concern due to low-interest coverage and no dividend coverage. The company has very low adjusted EPS and book value per share. Despite these challenges, the positive growth and profitability trends suggest potential for improved financial health if liquidity and coverage issues are addressed.
Overall Valuation Score
P/E RATIO (TTM)
12.35
Industry Median
21.49
Small Cap Median
20.79
P/E RATIO
12.35
P/B RATIO
0.48
Industry Median
1.99
Small Cap Median
1.92
P/S RATIO
0.14
Industry Median
0.90
Small Cap Median
0.80
Others
PEG RATIO
-2.83
EV/EBITDA RATIO
3.75
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹20 as on Jun 19, 2026.
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The company exhibits strong growth trends across revenue, operating profit, EPS, assets, and net income. These consistent increases indicate effective strategic initiatives and market positioning, enhancing its potential for future expansion and profitability.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 48.41 | 2.91 | 10.94 | -0.51 | -30.6 |
| Operating Profit Growth Rate | 0 | -9.09 | 80 | 11.11 | -45 |
| Earnings Per Share (EPS) Growth | 6.93 | -43.14 | 95.61 | -15.7 | -56.91 |
| Asset Growth Rate | 19.48 | 5.43 | 52.58 | 33.11 | -2.03 |
| Net Income Growth Rate | 0 | -40 | 166.67 | 12.5 | -55.56 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
The financial ratios indicate mixed performance. While capital expenditures are well-managed, the adjusted EPS, cash EPS and book value per share are low. The company isn't paying dividends. This might affect investors' opinion on the company.
| Financial Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Adjusted Earnings Per Share (Adjusted EPS) | 4.17 | 2.5 | 4.71 | 3.6 | 1.6 |
| Cash Earnings Per Share (Cash EPS) | 5 | 3.33 | 5.88 | 4.4 | 2.4 |
| Book Value Per Share | 30.83 | 32.5 | 27.65 | 40 | 41.2 |
| Dividend Per Share (DPS) | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures (CapEx) | 0.5 | 1.3 | 2.5 | 3.3 | 14.4 |
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)
Book Value Per Share
Dividend Per Share (DPS)
Capital Expenditures (CapEx)
The company demonstrates excellent profitability, with high gross profit margins, ROCE, ROE, ROA, operating margin, and net margin. These robust returns indicate efficient operations and effective management, positioning the company well for sustained financial success.
| Profitability Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Profit Margin | 1.94 | 1.7 | 2.72 | 3.08 | 2.22 |
| Return on Capital Employed (ROCE) | 13 | 10 | 17 | 13 | 7 |
| Return on Equity (ROE) | 13.51 | 7.69 | 17.02 | 9 | 3.88 |
| Return on Assets (ROA) | 11.96 | 10.31 | 12.16 | 10.15 | 5.7 |
| Operating Margin | 2.14 | 1.89 | 3.06 | 3.42 | 2.71 |
| Net Margin | 0.97 | 0.57 | 1.36 | 1.54 | 0.99 |
Gross Profit Margin
Return on Capital Employed (ROCE)
Return on Equity (ROE)
Return on Assets (ROA)
Operating Margin
Net Margin
Efficiency is mixed. High fixed asset turnover indicates effective use of assets, but zero inventory and receivables turnover is concerning. The capital turnover is solid. The company needs to improve inventory and receivables management to enhance overall operational efficiency.
| Efficiency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Fixed Asset Turnover Ratio | 16.61 | 17.1 | 17.82 | 18.28 | 8.64 |
| Inventory Turnover Ratio | 14.43 | 11.09 | 10.31 | 8.53 | 4.99 |
| Receivables Turnover Ratio | 85.83 | 55.79 | 20.28 | 20.17 | 12.89 |
| Days Sales in Inventory Ratio | 25.29 | 32.91 | 35.4 | 42.79 | 73.15 |
| Receivable Days | 4.25 | 6.54 | 18 | 18.1 | 28.32 |
| Capital Turnover Ratio | 11.44 | 12.05 | 10.89 | 5.74 | 3.87 |
Fixed Asset Turnover Ratio
Inventory Turnover Ratio
Receivables Turnover Ratio
Days Sales in Inventory Ratio
Receivable Days
Capital Turnover Ratio
The coverage ratios present a mixed picture. While the interest coverage ratio is adequate, the lack of equity dividend coverage is a concern. The company should focus on ensuring it can comfortably meet its interest obligations to maintain financial health.
| Coverage Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Interest Coverage Ratio | 3.33 | 1.8 | 2.83 | 2.38 | 1.62 |
| Equity Dividend Coverage Ratio |
Interest Coverage Ratio
Equity Dividend Coverage Ratio
The company demonstrates excellent solvency. Its manageable debt levels relative to equity and assets signal financial stability and reduced risk. This strong position allows for strategic flexibility, supporting future growth and investment opportunities.
| Solvency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debt Ratio | 0.18 | 0.11 | 0.13 | 0.02 | 0.02 |
| Debt to Equity Ratio | 0.22 | 0.12 | 0.15 | 0.02 | 0.02 |
| Equity Ratio | 0.82 | 0.89 | 0.87 | 0.98 | 0.98 |
| Debt To Asset Ratio | 0.09 | 0.05 | 0.05 | 0.01 | 0.01 |
Debt Ratio
Debt to Equity Ratio
Equity Ratio
Debt To Asset Ratio
The liquidity position is weak, as indicated by the low current, quick, and cash ratios. The lack of liquid assets could pose challenges in meeting short-term obligations. The company's operational cash flow is also very low, which indicates that the company is unable to pay off its current liabilities and debts using available cash.
| Liquidity Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Current Ratio | 1.28 | 1.27 | 1.22 | 1.72 | 1.68 |
| Quick Ratio | 0.4 | 0.25 | 0.61 | 0.93 | 0.71 |
| Cash Ratio | 0 | 0 | 0.03 | 0.15 | 0.01 |
| Operating Cash Flow Ratio | -0.13 | 0.15 | 0.05 | -0.46 | 0.05 |
Current Ratio
Quick Ratio
Cash Ratio
Operating Cash Flow Ratio
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Aditya Ultra Steel Ltd | 7.54 | 12.35 | Highly Undervalued | 11.00 | 1.62 | 4.00 |
| 2 | Deem Roll-Tech Ltd | 5.88 | 20.00 | Highly Undervalued | 6.97 | 2.60 | 2.17 |
| 3 | A G Universal Ltd | 5.87 | 426.00 | Neutral | 1.32 | 0.15 | 0.08 |
| 4 | Presstonic Engineering Ltd | 5.83 | 17.22 | Neutral | 7.16 | 2.08 | 2.60 |
| 5 | Surani Steel Tubes Ltd | 4.91 | 324.38 | Neutral | -1.61 | 1.32 | 2.05 |
The management of Aditya Ultra Steel Ltd presents a mixed profile. The company has demonstrated positive profit growth over the past five years. However, sales growth has been inconsistent, and the company's financial leverage has increased. While ROCE and ROE are reasonably strong, increasing borrowings and fluctuating working capital days raise concerns about financial management. Overall, management effectiveness is rated as mixed, requiring careful monitoring of debt and sales sustainability.
| Category | Metric | Value | Assessment |
|---|---|---|---|
| PROS | Compounded Profit Growth (5Y) | 30% | Profit growth is strong |
| ROCE | 20.15% | Capital being used productively | |
| Promoter Holding | 68.76% | Confidence and alignment with shareholders | |
| CONS | Debt/Equity Ratio | Increasing Borrowings | Leverage is increasing |
| Sales Growth (TTM) | -0.42% | Revenue expansion is weak | |
| FII Holding | Declining from 2.30% to 0.01% | Company attractiveness to institutional investors is declining |
Financial Performance & Growth
Aditya Ultra Steel Ltd demonstrates inconsistent financial performance. While the compounded profit growth over the past 5 years is strong, sales growth shows a concerning trend, with TTM sales growth at -0.42%. The operating profit margin is relatively low, hovering around 3%, with fluctuations evident in quarterly results. This inconsistency in sales and OPM indicates potential challenges in maintaining stable revenue and operational efficiency.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Sales Growth % | 4.89% | 48.46% | 2.97% | 10.88% | -0.42% |
| OPM % | 3% | 2% | 2% | 3% | 3% |
Capital Efficiency & Returns
The company exhibits reasonable capital efficiency, with a Return on Capital Employed (ROCE) of 20.15% and a Return on Equity (ROE) of 23.92%. These figures indicate that the company is generating decent returns on its capital and shareholder funds. However, the cash conversion cycle shows some variability, ranging from 34 to 50 days over the past few years, suggesting potential inefficiencies in working capital management.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| ROCE % | 14% | 13% | 10% | 17% | 13% |
| Cash Conversion Cycle | 34 | 36 | 46 | 50 | 49 |
Financial Health & Prudence
Aditya Ultra Steel Ltd's financial health presents some concerns. Borrowings have increased from ₹43 Cr in Mar 2020 to ₹76 Cr in Mar 2025, raising questions about increasing financial leverage. The company does not distribute dividends, which might not appeal to all investors.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Borrowings (₹ Cr) | 43 | 36 | 47 | 50 | 54 | 76 |
Shareholding & Ownership Structure
The shareholding pattern shows strong promoter holding at 68.76% consistently across the last two quarters. DII holding is also notable at 10.34% in Mar 2025. However, FII holding has decreased significantly from 2.30% in Sep 2024 to 0.01% in Mar 2025, which could indicate reduced interest from foreign institutional investors.
| Metric | Sep 2024 | Mar 2025 |
|---|---|---|
| Promoter Holding | 68.76% | 68.76% |
| FII Holding | 2.30% | 0.01% |
| DII Holding | 9.90% | 10.34% |
The risk assessment for Aditya Ultra Steel Ltd indicates a moderate level of risk. While the company exhibits strengths in profitability and promoter holding, increasing debt levels and fluctuating working capital cycles raise concerns. The decline in FII holding also suggests potential market apprehension.
Off-balance sheet exposure quantification
There is no specific data available on off-balance sheet exposure quantification. Therefore, a comprehensive risk assessment in this area cannot be performed.
Contingent liability evaluation
There is no specific data available on contingent liability evaluation. Therefore, a comprehensive risk assessment in this area cannot be performed.
Accounting quality red flags
There is no specific data available on Accounting quality red flags. Therefore, a comprehensive risk assessment in this area cannot be performed.
Segment performance volatility
There is no specific data available on Segment performance volatility. Therefore, a comprehensive risk assessment in this area cannot be performed.
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 1019.27Bullish
- SMA 2019.77Bullish
- SMA 5021.16Bearish
- EMA 1019.48Bullish
- EMA 2019.80Bullish
- EMA 5020.71Bearish
- DEMA 1019.32Bullish
- DEMA 2019.08Bullish
- DEMA 5019.71Bullish
- TEMA 1019.56Bullish
- TEMA 2019.12Bullish
- TEMA 5018.98Bullish
- MACD-0.50Bullish
- ADX30.04Strong Trend
- IndicatorValueSignal
- RSI49.16Neutral
- CCI25.46Neutral
- ROC 92.04Bullish
- ROC 14-2.44Bearish
- ROC 25-4.08Bearish
- Stoch K49.52Neutral
- Stoch D25.08Neutral
- IndicatorValueSignal
- BB Upper21.17Neutral
- BB Middle19.77Neutral
- BB Lower18.37Neutral
- ATR0.27Low Volatility
- IndicatorValueSignal
- MFI40.50Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 2 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 1019.62Bullish
- SMA 2020.12Bearish
- SMA 5021.82Bearish
- EMA 1019.69Bullish
- EMA 2020.17Bearish
- EMA 5021.05Bearish
- DEMA 1019.34Bullish
- DEMA 2019.26Bullish
- DEMA 5020.37Bearish
- TEMA 1019.54Bullish
- TEMA 2019.06Bullish
- TEMA 5019.52Bullish
- MACD-0.66Bullish
- ADX27.03Strong Trend
- IndicatorValueSignal
- RSI44.97Neutral
- CCI-12.27Neutral
- ROC 9-2.44Bearish
- ROC 140.76Bullish
- ROC 25-9.30Bearish
- Stoch K42.28Neutral
- Stoch D21.41Neutral
- IndicatorValueSignal
- BB Upper21.85Neutral
- BB Middle20.12Neutral
- BB Lower18.38Neutral
- ATR0.37Low Volatility
- IndicatorValueSignal
- MFI34.05Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 4 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
- IndicatorValueSignal
- SMA 1019.99Bullish
- SMA 2021.31Bearish
- SMA 5021.70Bearish
- EMA 1020.19Bearish
- EMA 2020.85Bearish
- EMA 5021.25Bearish
- DEMA 1019.46Bullish
- DEMA 2019.95Bullish
- DEMA 50N/AN/A
- TEMA 1019.45Bullish
- TEMA 2019.31Bullish
- TEMA 50N/AN/A
- MACD-0.73Bearish
- ADX20.92Weak Trend
- IndicatorValueSignal
- RSI43.03Neutral
- CCI-66.99Neutral
- ROC 9-4.08Bearish
- ROC 14-9.30Bearish
- ROC 25-14.89Bearish
- Stoch K26.26Neutral
- Stoch D13.30Oversold
- IndicatorValueSignal
- BB Upper24.30Neutral
- BB Middle21.31Neutral
- BB Lower18.31Neutral
- ATR0.64Low Volatility
- IndicatorValueSignal
- MFI17.49Oversold
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 33 Technical Indicators From The 1 Day Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 1020.97Bearish
- SMA 2021.70Bearish
- SMA 5021.05Bearish
- SMA 10022.63Bearish
- SMA 20028.95Bearish
- EMA 1020.77Bearish
- EMA 2021.27Bearish
- EMA 5021.82Bearish
- EMA 10023.68Bearish
- EMA 20028.16Bearish
- DEMA 1019.99Bullish
- DEMA 2020.80Bearish
- DEMA 5020.53Bearish
- DEMA 10019.49Bullish
- DEMA 200N/AN/A
- TEMA 1019.59Bullish
- TEMA 2020.28Bearish
- TEMA 5021.42Bearish
- TEMA 10019.63Bullish
- TEMA 200N/AN/A
- MACD-0.46Bearish
- ADX11.65Weak Trend
- IndicatorValueSignal
- RSI42.85Neutral
- CCI-114.49Oversold
- ROC 14-14.47Bearish
- ROC 25-7.59Bearish
- Stoch K12.14Oversold
- Stoch D7.06Oversold
- IndicatorValueSignal
- BB Upper24.46Neutral
- BB Middle21.70Neutral
- BB Lower18.94Neutral
- ATR0.95High Volatility
- IndicatorValueSignal
- MFI27.39Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 21 Technical Indicators From The 1 Week Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 2021.94Bearish
- SMA 5028.63Bearish
- EMA 2022.75Bearish
- EMA 5027.47Bearish
- DEMA 2020.25Bearish
- DEMA 50N/AN/A
- TEMA 2021.04Bearish
- TEMA 50N/AN/A
- MACD-1.70Bullish
- ADX21.19Weak Trend
- IndicatorValueSignal
- RSI40.35Neutral
- CCI-83.42Neutral
- ROC 14-17.29Bearish
- ROC 25-23.65Bearish
- Stoch K66.21Neutral
- Stoch D67.94Neutral
- IndicatorValueSignal
- BB Upper25.70Neutral
- BB Middle21.94Neutral
- BB Lower18.19Neutral
- ATR2.50Low Volatility
- IndicatorValueSignal
- MFI37.73Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 25 Technical Indicators From The 1 Month Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Momentum Score
No results for this timeframe
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
- IndicatorValueSignal
- SMA 623.24Bullish
- SMA 1229.31Bearish
- SMA 24N/AN/A
- EMA 624.70Bearish
- EMA 1228.43Bearish
- EMA 24N/AN/A
- DEMA 622.00Bullish
- DEMA 12N/AN/A
- DEMA 24N/AN/A
- TEMA 622.72Bullish
- TEMA 12N/AN/A
- TEMA 24N/AN/A
- MACDN/AN/A
- ADXN/AN/A
- IndicatorValueSignal
- RSIN/AN/A
- CCIN/AN/A
- ROC 25N/AN/A
- ROC 50N/AN/A
- Stoch KN/AN/A
- Stoch DN/AN/A
- IndicatorValueSignal
- BB Upper53.00Neutral
- BB Middle33.27Neutral
- BB Lower13.54Neutral
- ATR8.41Low Volatility
- IndicatorValueSignal
- MFI88.72Overbought