Ankit Metal & Power quarterly results and financials

Ankit Metal & Power (ANKITMETAL)₹1.91−1.55%(9 Nov 2026 close)Iron & Steel

Key facts

In the Dec 2023 quarter (standalone), Ankit Metal & Power reported sales of ₹146 Cr, down 25.4% from Dec 2022, and net profit of −₹76.24 Cr. For the year to Mar 2023, sales were ₹850 Cr and net profit −₹99.36 Cr.

Sales (Dec 2023): ₹146 Cr
Net profit (Dec 2023): −₹76.24 Cr
Sales (FY Mar 2023): ₹850 Cr
Net profit (FY Mar 2023): −₹99.36 Cr
EPS (Dec 2023): ₹−5.40
Borrowings (Mar 2023): ₹1,103 Cr

Company filings, standalone accounts; latest reported quarter Dec 2023

Ankit Metal & Power quarterly results

₹ crore unless stated; each column is a quarter.

Ankit Metal & Power Quarterly results
	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	208	140	211	148	238	206	186	196	261	202	205	146
Expenses	205	181	210	145	223	211	189	230	284	247	299	212
Operating Profit	3.01	−41.06	1.01	5.01	14.03	−4.01	−3.01	−34.06	−22.05	−45.05	−94.18	−67.12
OPM %	1.2%	−29.0%	0.4%	3.1%	6.0%	−2.2%	−1.5%	−17.0%	−9.0%	−22.0%	−45.9%	−45.0%
Other Income	0.00	15.93	0.00	0.00	0.99	0.00	0.00	0.00	0.00	0.00	6.97	0.00
Interest	1.99	1.99	1.99	0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	14.01	12.02	11.01	10.01	9.01	9.01	9.01	9.01	8.01	8.01	9.01	10.01
Profit before tax	−13.03	−39.12	−12.04	−6.02	6.02	−14.04	−12.04	−43.17	−31.11	−53.21	−97.30	−76.25
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Profit	−13.04	−39.12	−12.04	−6.02	6.02	−14.05	−12.05	−43.14	−31.11	−53.23	−97.34	−76.24
EPS (Rs)	−0.95	−2.79	−0.84	−0.46	0.41	−0.97	−0.83	−3.07	−2.18	−3.78	−6.88	−5.40

Ankit Metal & Power profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Ankit Metal & Power Profit and loss
	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	1,188	1,469	1,143	959	23.91	185	407	546	417	754	850	815
Expenses	1,014	1,406	1,161	1,120	258	264	453	526	429	759	914	1,042
Operating Profit	176	65.08	−17.02	−162	−236	−79.16	−45.06	20.05	−13.03	−5.01	−63.15	−228
OPM %	15.0%	4.4%	−1.5%	−17.0%	−998.0%	−42.0%	−11.0%	3.7%	−3.1%	−0.7%	−7.0%	−28.0%
Other Income	0.99	2.99	9.96	0.99	−7.97	0.00	0.00	0.00	0.00	0.99	0.00	6.97
Interest	70.87	115	113	135	14.96	61.91	2.99	43.94	18.96	4.99	0.00	0.00
Depreciation	41.01	60.11	74.03	61.04	41.05	41.01	45.06	51.07	44.02	42.04	35.02	35.04
Profit before tax	65.26	−106	−194	−358	−300	−182	−92.28	−75.20	−76.19	−52.17	−99.36	−258
Tax %	20.9%	−28.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—
Exceptional items	0.00	0.00	0.00	0.00	−8.01	0.00	0.00	0.00	0.00	0.00	0.00	—
Net Profit	51.16	−77.29	−194	−358	−300	−182	−92.27	−75.27	−76.24	−52.19	−99.36	−258
EPS (Rs)	5.38	−6.29	−15.86	−25.35	−21.25	−12.87	−6.55	−5.33	−5.38	−3.67	−7.02	−18.24
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Ankit Metal & Power balance sheet

₹ crore, at each year end.

Ankit Metal & Power Balance sheet
	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	95.29	95.24	122	122	141	141	141	141	141	141	141	142
Reserves	352	403	380	186	−151	−448	−630	−721	−798	−872	−923	−1,021
Borrowings	603	820	831	1,198	1,249	1,241	1,236	1,217	1,193	1,168	1,137	1,103
Other Liabilities	243	336	432	448	660	682	737	792	736	778	864	972
Total Liabilities	1,293	1,654	1,764	1,956	1,899	1,616	1,484	1,429	1,273	1,214	1,218	1,194
Fixed Assets	467	703	846	773	712	682	641	596	546	502	459	424
CWIP	241	165	0.99	0.99	0.99	0.00	0.00	0.00	0.00	0.00	27.95	46.92
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	585	787	916	1,182	1,185	933	842	832	728	713	731	723
Inventories	209	358	427	651	724	524	543	530	530	569	595	571
Trade receivables	178	259	324	331	307	255	150	147	112	51.07	36.01	61.11
Cash & equivalents	24.07	20.07	33.13	24.09	13.04	7.02	2.01	1.01	1.01	1.01	1.01	1.01
Total Assets	1,293	1,654	1,764	1,956	1,899	1,616	1,484	1,429	1,273	1,214	1,218	1,194

Ankit Metal & Power cash flow

₹ crore, for each year.

Ankit Metal & Power Cash flow
	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from operating activity	25.91	17.95	60.82	−254	45.84	83.74	108	138	211	26.91	59.84	53.87
Cash from investing activity	−410	−200	−49.97	17.01	8.01	−6.01	4.01	0.00	0.00	0.00	−27.99	−18.99
Cash from financing activity	387	173	−12.99	242	−58.97	−80.97	−113	−140	−212	−26.96	−31.95	−34.99
Net cash flow	3.01	−8.02	−1.01	5.01	−5.01	−3.01	0.00	−2.01	0.00	0.00	0.00	0.00
Capex	408	202	39.22	0.42	0.04	10.04	0.00	0.07	0.00	0.00	28.49	18.89
Free cash flow	−382	−183	22.04	−255	46.10	74.20	108	139	212	27.04	32.07	35.08
CFO / OP %	34.9%	14.9%	98.9%	1,518.0%	−28.1%	−36.1%	−138.1%	−310.1%	1,045.9%	−211.1%	−1,160.1%	−85.1%

Ankit Metal & Power ratios

Working-capital days and returns, by year.

Ankit Metal & Power Ratios
	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor days	71	80	81	106	117	3,945	294	132	75	46	18	27
Inventory days	99	140	120	231	258	867	943	533	446	651	387	292
Days payable	75	89	89	134	191	916	947	547	415	536	389	301
Cash conversion cycle	92	129	109	201	181	3,893	287	115	104	158	13	16
Working capital days	28	34	−15	92	−3	−5,352	−1,133	−659	−621	−925	−582	−573
ROCE %	9.0%	11.0%	1.0%	−6.0%	−16.0%	−25.0%	−14.1%	−13.0%	−5.0%	−12.0%	−12.0%	−34.1%

Ankit Metal & Power: frequently asked questions

What are the latest quarterly results of Ankit Metal & Power?

For the Dec 2023 quarter, Ankit Metal & Power reported sales of ₹146 Cr, down 25.4% year on year and net profit of −₹76.24 Cr. The operating margin was −45.0%.

What is the annual revenue of Ankit Metal & Power?

Ankit Metal & Power's sales for the year to Mar 2023 were ₹850 Cr; over the last twelve months they were ₹815 Cr.

What is the net profit of Ankit Metal & Power?

Net profit for the year to Mar 2023 was −₹99.36 Cr, and −₹258 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−18.24.

How much debt does Ankit Metal & Power have?

Ankit Metal & Power reported borrowings of ₹1,103 Cr at Mar 2023, against cash and equivalents of ₹1.01 Cr.

What is the free cash flow of Ankit Metal & Power?

Cash from operations was ₹53.87 Cr in the year to Mar 2023; after capital spending, free cash flow was ₹35.08 Cr.

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