# Ashirwad Steel (NSE: ASHSI) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/ASHSI · Pivot · prices to 19 Oct 2026

With a market capitalisation of ₹29 Cr, it ranks 3392nd by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Metals & Mining sector; its industry is Steel.

Its return on equity was 2.8% in FY25. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was ₹1 Cr (−2.4% year on year) and net profit ₹0 Cr (−36.1%), on a standalone basis. Promoters held 69.06% of the company as of 30 Jun 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Market cap | ₹29 Cr |
| ROE | 2.8% (FY25) |
| ROCE | 3.8% (FY25) |
| Debt to equity | 0 |

## Quarterly results (₹ crore, standalone)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY26 | ₹1 Cr | −2.4% | ₹0 Cr | −36.1% | ₹0.37 |
| Q3 FY26 | ₹1 Cr | +58.8% | ₹0 Cr | −6.4% | ₹0.36 |
| Q2 FY26 | ₹0 Cr | +71.4% | ₹1 Cr | +21.6% | ₹0.49 |
| Q1 FY26 | ₹0 Cr | +14.3% | ₹1 Cr | −16.7% | ₹0.40 |
| Q4 FY25 | ₹1 Cr | −3.5% | ₹1 Cr | −20.0% | ₹0.57 |
| Q3 FY25 | ₹0 Cr | 0.0% | ₹0 Cr | −17.5% | ₹0.38 |
| Q2 FY25 | ₹0 Cr | +21.7% | ₹1 Cr | +2.0% | ₹0.41 |
| Q1 FY25 | ₹0 Cr | +133.3% | ₹1 Cr | +100.0% | ₹0.48 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹2 Cr | ₹2 Cr |
| FY24 | ₹2 Cr | ₹2 Cr |
| FY23 | ₹2 Cr | ₹17 Cr |
| FY22 | ₹1 Cr | ₹5 Cr |
| FY21 | ₹2 Cr | −₹0 Cr |
| FY20 | ₹8 Cr | −₹4 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 69.06%
- Domestic institutions: 0.07%
- Non-institutions: 30.87%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Ankit Metal & Power](https://app.pivotnow.in/stock/ANKITMETAL) | ₹2.37 | ₹33 Cr | — | — |
| [Sudal Ind](https://app.pivotnow.in/stock/SUDAI) | — | ₹33 Cr | — | — |
| [Chennai Ferrous](https://app.pivotnow.in/stock/CHENFERRO) | — | ₹32 Cr | — | — |
| [Sampat Aluminiu](https://app.pivotnow.in/stock/SAMPAT) | — | ₹32 Cr | — | — |
| [IMEC Services](https://app.pivotnow.in/stock/IMEC) | — | ₹26 Cr | — | — |
| [Unison Metals](https://app.pivotnow.in/stock/UNISON) | — | ₹25 Cr | — | — |

## Questions and answers

### What is the market cap of Ashirwad Steel?

Ashirwad Steel's market capitalisation is ₹29 Cr (₹29 Cr) at the 19 Oct 2026 close, ranking 3392nd among the NSE companies Pivot tracks.

### What is the ROE and ROCE of Ashirwad Steel?

Return on equity was 2.8% in FY25 and return on capital employed was 3.8% in FY25 (standalone figures).

### Is Ashirwad Steel a debt-free company?

Ashirwad Steel is close to debt-free: its debt-to-equity ratio was 0 in FY25.

### What were Ashirwad Steel's latest quarterly results?

For Q4 FY26 (quarter ended 31 Mar 2026), Ashirwad Steel reported revenue of ₹1 Cr, −2.4% year on year, and net profit of ₹0 Cr, −36.1% year on year.

### What is the shareholding pattern of Ashirwad Steel?

As of 30 Jun 2026: promoters 69.06%, domestic institutions 0.07%, non-institutions 30.87%.

### Who are Ashirwad Steel's competitors?

The listed Metals & Mining companies closest to Ashirwad Steel by market cap are Ankit Metal & Power, Sudal Ind, Chennai Ferrous, Sampat Aluminiu, IMEC Services and Unison Metals.

### Is Ashirwad Steel a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Ashirwad Steel's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on ASHSI against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.