Adishakti Loha and Ispat Limited
BSE: ADISHAKTI · Iron & Steel Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Adishakti Loha and Ispat Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Afloat Enterprises Limited is an Indian company listed on the BSE SME platform that specialises in the wholesale trading of iron and steel products. It acts as an intermediary in the supply chain, sourcing materials like bars, rods, and coils from manufacturers to supply industrial and construction clients.
Business Model
The company operates as a high-volume trader, generating revenue by managing the distribution, inventory, and logistics of metal products. It leverages its supply chain network to bridge the gap between primary manufacturers and end-users in the infrastructure and manufacturing sectors.
Management Commentary
The company has recently undergone corporate restructuring, including a name change from Adishakti Loha and Spreads Limited to Afloat Enterprises to reflect a broader business vision.
Growth Outlook
Growth is expected to be driven by the company's continued focus on the domestic infrastructure and manufacturing industries. The firm aims to expand its market presence by leveraging its established distribution network within the small-cap segment.
Key Risks
- Commodity Price Volatility. As a metal trader, the company is highly susceptible to fluctuations in global and domestic steel prices which can impact profit margins.
- Supply Chain Dependency. The business model relies heavily on the availability of inventory from manufacturers, making it vulnerable to supply chain disruptions.
- Cyclical Industry Exposure. Demand for iron and steel is closely linked to the cyclical nature of the infrastructure and construction sectors in India.
- Liquidity and SME Listing Risks. Being listed on the BSE SME platform may result in lower trading volumes and liquidity compared to mainboard-listed companies.
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Peers · Iron & Steel Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Adishakti Loha and Ispat LimitedADISHAKTI | ₹8 Cr | — | — | — | -6.1% | — | — | — |
Panchmahal SteelPANCHMAHQ | ₹580 Cr | 99.72 | 31.76 | — | 5.0% | 3.9% | 7.2% | +13.9% |
Modern MalleableMODMA | ₹569 Cr | 29.40 | 21.16 | 189.2% | 18.2% | 11.8% | 15.1% | — |
Azad India Mobility LimitedAZADIND | ₹509 Cr | — | — | — | 3.3% | -1.4% | -1.3% | -30.1% |
SurajSURAJLTD | ₹385 Cr | 46.44 | 19.13 | -15.2% | 12.0% | 6.1% | 12.6% | -32.1% |
Shah MetacorpSHAH | ₹369 Cr | 26.71 | 25.43 | 48.8% | 10.1% | 5.6% | 5.4% | +12.3% |
As of Mar 2026
Financials
Adishakti Loha and Ispat Limited
BSE: ADISHAKTI · Iron & Steel Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Adishakti Loha and Ispat Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Afloat Enterprises Limited is an Indian company listed on the BSE SME platform that specialises in the wholesale trading of iron and steel products. It acts as an intermediary in the supply chain, sourcing materials like bars, rods, and coils from manufacturers to supply industrial and construction clients.
Business Model
The company operates as a high-volume trader, generating revenue by managing the distribution, inventory, and logistics of metal products. It leverages its supply chain network to bridge the gap between primary manufacturers and end-users in the infrastructure and manufacturing sectors.
Management Commentary
The company has recently undergone corporate restructuring, including a name change from Adishakti Loha and Spreads Limited to Afloat Enterprises to reflect a broader business vision.
Growth Outlook
Growth is expected to be driven by the company's continued focus on the domestic infrastructure and manufacturing industries. The firm aims to expand its market presence by leveraging its established distribution network within the small-cap segment.
Key Risks
- Commodity Price Volatility. As a metal trader, the company is highly susceptible to fluctuations in global and domestic steel prices which can impact profit margins.
- Supply Chain Dependency. The business model relies heavily on the availability of inventory from manufacturers, making it vulnerable to supply chain disruptions.
- Cyclical Industry Exposure. Demand for iron and steel is closely linked to the cyclical nature of the infrastructure and construction sectors in India.
- Liquidity and SME Listing Risks. Being listed on the BSE SME platform may result in lower trading volumes and liquidity compared to mainboard-listed companies.
Start your research today
Unlock AI insights, financials, peers and live data on Adishakti Loha and Ispat Limited and 5,000+ companies — free.
Peers · Iron & Steel Products
As of Mar 2026