Notes / Company

Ashiana Ispat Ltd.

ASHIS BSE 513401 ISIN INE587D01012 Steel & Iron Products

Fundamentals

Market cap: ₹13.8 cr
ROE: 587.25%
Debt / equity: -11.40
52-week range: 16.51 — 30.05

Research on Tijori Finance

Company snapshot

Ashiana Ispat Ltd.

Steel

₹14 cr

P/E 0.46×

Latest quarter · Sep 2011

Sales₹135 cr

Net profit₹1 cr

Op. margin+3.7%

EPS₹2.97

Strength & growth

Debt / equity-11.40×

Current ratio0.83×

Sales CAGR+25.8%

EPS CAGR+38.7%

The timeline — 2 notes on Ashiana Ispat Ltd.

June 2026

30 Jun 26 · 10:28 PM IST Brief

Brief · Earnings · Micro cap

Ashiana Ispat's FY26 results get qualified audit, going concern flag

After repeated delays, the board approvals come with an auditor's qualified opinion citing pending confirmations, insufficient documentation, and going concern uncertainty. Market cap: ₹14 cr.

May 2026

21 May 26 · 6:42 PM IST Brief

Brief · Micro cap

Ashiana Ispat postpones FY26 results after board meeting adjourned

The company's board met to approve FY26 audited results but adjourned due to 'unavoidable circumstances'. Rescheduled for May 28.

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