Aanchal Ispat (BSE 538812)₹56.46−4.29%Iron & Steel Products
In the Mar 2026 quarter (standalone), Aanchal Ispat reported sales of ₹38.36 Cr, up 11.0% from Mar 2025, and net profit of ₹1.20 Cr. For the year to Mar 2026, sales were ₹98.73 Cr and net profit ₹2.03 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44.66 | 9.01 | 8.34 | 47.28 | 44.00 | 38.70 | 33.78 | 34.56 | 22.65 | 18.31 | 19.41 | 38.36 |
| Expenses | 44.41 | 10.35 | 10.27 | 48.08 | 44.06 | 38.87 | 34.00 | 39.48 | 22.59 | 18.46 | 18.82 | 38.35 |
| Operating Profit | 0.42 | −1.30 | −1.91 | −0.67 | 0.05 | −0.04 | −0.12 | −4.78 | 0.17 | −0.13 | 0.67 | 0.14 |
| OPM % | 0.9% | −14.3% | −22.8% | −1.4% | 0.1% | −0.1% | −0.3% | −13.8% | 0.7% | −0.7% | 3.4% | 0.3% |
| Other Income | 0.02 | 0.03 | 0.02 | 0.00 | 0.10 | 0.00 | 0.05 | −12.55 | 0.06 | 0.49 | 0.07 | 1.95 |
| Interest | 2.14 | 2.12 | 0.00 | −0.74 | −0.02 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Depreciation | 0.17 | 0.17 | 0.17 | 0.16 | 0.14 | 0.14 | 0.14 | 0.27 | 0.16 | 0.17 | 0.17 | 0.16 |
| Profit before tax | −1.86 | −3.53 | −2.04 | −0.09 | 0.00 | −0.15 | −0.21 | −17.54 | 0.07 | 0.21 | 0.55 | 1.89 |
| Tax % | 0.0% | 0.0% | 0.0% | −1,612.4% | 0.0% | 0.0% | 0.0% | −25.6% | 16.8% | −5.0% | 0.0% | 36.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −12.99 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −1.87 | −3.53 | −2.06 | 1.20 | 0.00 | −0.14 | −0.23 | −13.04 | 0.04 | 0.22 | 0.56 | 1.20 |
| EPS (Rs) | −0.88 | −1.69 | −0.97 | 0.57 | 0.00 | −0.06 | −0.10 | −6.25 | 0.01 | 0.09 | 2.00 | 4.19 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 227 | 279 | 384 | 353 | 170 | 121 | 170 | 194 | 109 | 151 | 98.73 | 98.73 |
| Expenses | 221 | 274 | 379 | 344 | 174 | 123 | 174 | 217 | 113 | 156 | 98.18 | 98.22 |
| Operating Profit | 5.86 | 6.26 | 7.18 | 10.13 | −4.18 | −2.29 | −3.06 | −22.84 | −3.27 | −4.87 | 0.86 | 0.85 |
| OPM % | 2.6% | 2.3% | 1.9% | 2.9% | −2.5% | −1.9% | −1.8% | −11.8% | −3.0% | −3.2% | 0.9% | 0.9% |
| Other Income | 1.11 | 1.00 | 0.60 | 0.70 | 1.75 | 3.28 | 4.37 | 0.69 | −0.15 | −12.41 | 2.53 | 2.57 |
| Interest | 4.98 | 4.75 | 4.82 | 5.81 | 5.17 | 6.77 | 6.61 | 7.71 | 3.52 | 0.03 | 0.04 | 0.03 |
| Depreciation | 0.53 | 0.50 | 0.74 | 0.76 | 0.75 | 0.63 | 0.63 | 0.65 | 0.64 | 0.65 | 0.63 | 0.66 |
| Profit before tax | 1.46 | 2.01 | 2.22 | 4.25 | −8.31 | −6.36 | −5.88 | −30.43 | −7.55 | −17.89 | 2.71 | 2.72 |
| Tax % | 31.4% | 38.7% | 40.4% | 34.6% | −0.4% | −15.3% | −20.8% | −22.9% | −17.1% | −25.1% | 25.8% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −12.99 | 0.00 | 0.00 |
| Net Profit | 0.99 | 1.25 | 1.32 | 2.81 | −8.30 | −5.38 | −4.65 | −23.47 | −6.24 | −13.39 | 2.03 | 2.02 |
| EPS (Rs) | 0.47 | 0.58 | 0.63 | 1.33 | −3.97 | −2.57 | −2.22 | −11.22 | −2.99 | −6.42 | 7.11 | 6.29 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20.82 | 20.84 | 20.81 | 20.81 | 20.82 | 20.83 | 20.82 | 20.83 | 20.82 | 20.82 | 20.83 | 2.82 |
| Reserves | 18.34 | 19.34 | 39.50 | 40.81 | 43.56 | 35.12 | 29.57 | 25.91 | 2.37 | −4.03 | −17.39 | 5.35 |
| Borrowings | 23.58 | 27.38 | 39.22 | 39.97 | 45.41 | 61.73 | 70.80 | 77.89 | 80.86 | 84.05 | 0.00 | 1.70 |
| Other Liabilities | 27.74 | 35.03 | 34.01 | 51.72 | 34.50 | 11.17 | 10.64 | 9.73 | 7.18 | 15.99 | 55.40 | 59.07 |
| Total Liabilities | 90.48 | 103 | 134 | 153 | 144 | 129 | 132 | 134 | 111 | 117 | 58.84 | 68.94 |
| Fixed Assets | 5.88 | 7.04 | 25.98 | 26.89 | 26.92 | 26.51 | 25.83 | 26.01 | 25.36 | 24.65 | 24.01 | 23.64 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.46 | 0.47 | 0.47 | 0.47 | 0.47 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 | 0.10 | 0.13 | 0.17 | 0.15 |
| Other Assets | 84.60 | 95.55 | 108 | 126 | 117 | 102 | 106 | 108 | 85.30 | 91.58 | 34.19 | 44.68 |
| Inventories | 25.58 | 37.14 | 35.18 | 38.08 | 31.57 | 14.41 | 20.96 | 17.01 | 16.16 | 11.79 | 9.61 | 9.34 |
| Trade receivables | 54.06 | 49.17 | 58.91 | 77.69 | 67.70 | 77.80 | 73.60 | 77.15 | 54.83 | 56.65 | 5.64 | 10.14 |
| Cash & equivalents | 0.32 | 4.16 | 6.29 | 6.44 | 8.90 | 2.66 | 0.35 | 2.83 | 0.21 | 6.14 | 3.44 | 6.05 |
| Total Assets | 90.48 | 103 | 134 | 153 | 144 | 129 | 132 | 134 | 111 | 117 | 58.84 | 68.94 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −5.62 | 4.73 | −5.21 | 4.92 | 2.97 | −16.82 | −4.53 | 2.19 | 6.27 | −2.67 | −1.77 |
| Cash from investing activity | −2.37 | 0.28 | 0.14 | −1.09 | −0.37 | −0.54 | −0.08 | −0.16 | −0.08 | 0.18 | −0.04 |
| Cash from financing activity | 7.65 | −1.16 | 7.02 | −3.71 | −0.14 | 11.18 | 2.28 | −4.66 | −0.29 | −0.18 | 4.42 |
| Net cash flow | −0.35 | 3.83 | 1.92 | 0.14 | 2.45 | −6.22 | −2.30 | −2.62 | 5.91 | −2.69 | 2.59 |
| Capex | 0.86 | 1.69 | 0.39 | 1.66 | 0.89 | 0.52 | 0.06 | 0.15 | 0.06 | 0.00 | 0.23 |
| Free cash flow | −6.52 | 3.03 | −5.62 | 3.28 | 2.09 | −17.41 | −4.62 | 2.05 | 6.22 | −2.67 | −2.01 |
| CFO / OP % | −105.0% | 82.1% | −72.0% | 79.1% | 44.1% | 405.0% | 199.1% | −10.0% | −193.0% | 52.0% | −183.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 102 | 78 | 76 | 73 | 69 | 166 | 221 | 164 | 102 | 188 | 13 | 36 |
| Inventory days | 53 | 66 | 49 | 39 | 35 | 34 | 68 | 38 | 32 | 43 | 24 | 40 |
| Days payable | 47 | 50 | 39 | 42 | 32 | 15 | 11 | 10 | 1 | 8 | 6 | 22 |
| Cash conversion cycle | 109 | 95 | 87 | 70 | 72 | 185 | 279 | 194 | 134 | 224 | 32 | 55 |
| Working capital days | 60 | 46 | 40 | 30 | 31 | 61 | 256 | 166 | 84 | −79 | −13 | −33 |
| ROCE % | 7.7% | 9.9% | 8.1% | 7.0% | 9.5% | −2.7% | 0.3% | 0.6% | −20.1% | −3.8% | −10.2% | 41.3% |
For the Mar 2026 quarter, Aanchal Ispat reported sales of ₹38.36 Cr, up 11.0% year on year and net profit of ₹1.20 Cr. The operating margin was 0.3%.
Aanchal Ispat's sales for the year to Mar 2026 were ₹98.73 Cr; over the last twelve months they were ₹98.73 Cr.
Net profit for the year to Mar 2026 was ₹2.03 Cr, and ₹2.02 Cr over the last twelve months. Earnings per share over the same trailing period were ₹6.29.
Aanchal Ispat reported borrowings of ₹1.70 Cr at Mar 2026, against cash and equivalents of ₹6.05 Cr.
Cash from operations was −₹1.77 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹2.01 Cr.