Ankit Metal & Power Limited

: ANKITMETAL · Iron & Steel

52W Range₹1 ₹2

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.

Start your research

Peers · Iron & Steel

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Ankit Metal & Power LimitedANKITMETAL
₹25 Cr-7.0%-4.3%
NMDC Steel Ltd.NSLNISP
₹14,366 Cr158.1311.7141.6%11.6%0.6%3.4%+29.6%
Jai Balaji Industries LimitedJAIBALAJI
₹6,316 Cr43.8216.902.0%6.5%6.6%11.3%-33.0%
Prakash IndustriPRAKASH
₹2,328 Cr7.445.11-10.6%15.9%9.1%10.1%-17.0%
MukandMUKANDLTD
₹1,983 Cr3.134.887.6%14.7%51.2%45.9%+7.4%
Manaksia SteelsMANAKSTEEL
₹621 Cr11.067.3180.8%8.4%18.2%29.1%+63.2%

As of Mar 2023

Financials