Ankit Metal & Power Limited
NSE: ANKITMETAL · Iron & Steel
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Snapshot
Unlock Ankit Metal & Power Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Ankit Metal & Power Ltd operates an integrated steel plant that manufactures a diverse range of iron and steel products, including TMT bars, sponge iron, and MS billets. The company also maintains a captive power plant to support its manufacturing operations.
Business Model
The company generates revenue through the production and sale of iron ore pellets and finished steel products. Its integrated model leverages a captive power plant to manage energy costs associated with its steel melting and rolling mill operations.
Growth Outlook
Growth is primarily driven by the demand for infrastructure-grade steel products and the operational efficiency gained from its integrated manufacturing facilities.
Key Risks
- Commodity Price Volatility. Fluctuations in the prices of iron ore and coal significantly impact the company's profit margins.
- Cyclical Industry Demand. The steel sector is highly sensitive to economic cycles and infrastructure spending trends in India.
- Regulatory and Environmental Compliance. Stringent environmental regulations regarding emissions and waste management pose ongoing operational risks.
- Input Cost Inflation. Rising energy and raw material costs can compress margins if the company is unable to pass these costs to customers.
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Peers · Iron & Steel
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Ankit Metal & Power LimitedANKITMETAL | ₹26 Cr | — | — | — | -7.0% | — | — | +2.5% |
NMDC Steel Ltd.NSLNISP | ₹12,880 Cr | 132.10 | 10.79 | 41.6% | 11.6% | 0.6% | 3.4% | -13.5% |
Jai Balaji Industries LimitedJAIBALAJI | ₹6,092 Cr | 39.06 | 16.34 | 2.0% | 6.5% | 6.6% | 11.3% | -37.3% |
MukandMUKANDLTD | ₹2,270 Cr | 3.94 | 5.26 | 7.6% | 14.7% | 51.2% | 45.9% | +25.5% |
Prakash IndustriPRAKASH | ₹2,145 Cr | 6.79 | 4.78 | -10.6% | 15.9% | 9.1% | 10.1% | -28.6% |
Manaksia SteelsMANAKSTEEL | ₹699 Cr | 12.71 | 8.04 | 80.8% | 8.4% | 18.2% | 29.1% | +77.9% |
As of Mar 2023
Financials
Ankit Metal & Power Limited
NSE: ANKITMETAL · Iron & Steel
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Ankit Metal & Power Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Ankit Metal & Power Ltd operates an integrated steel plant that manufactures a diverse range of iron and steel products, including TMT bars, sponge iron, and MS billets. The company also maintains a captive power plant to support its manufacturing operations.
Business Model
The company generates revenue through the production and sale of iron ore pellets and finished steel products. Its integrated model leverages a captive power plant to manage energy costs associated with its steel melting and rolling mill operations.
Growth Outlook
Growth is primarily driven by the demand for infrastructure-grade steel products and the operational efficiency gained from its integrated manufacturing facilities.
Key Risks
- Commodity Price Volatility. Fluctuations in the prices of iron ore and coal significantly impact the company's profit margins.
- Cyclical Industry Demand. The steel sector is highly sensitive to economic cycles and infrastructure spending trends in India.
- Regulatory and Environmental Compliance. Stringent environmental regulations regarding emissions and waste management pose ongoing operational risks.
- Input Cost Inflation. Rising energy and raw material costs can compress margins if the company is unable to pass these costs to customers.
Start your research today
Unlock AI insights, financials, peers and live data on Ankit Metal & Power Limited and 5,000+ companies — free.
Peers · Iron & Steel
As of Mar 2023