A-One Steels India Limited
NSE: AONESTEELSIron & Steel Products
Share price
₹407.10
-2.36% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
48
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹3,144 Cr
P/E ratio
65.5
P/B ratio
—
ROCE
11.5%
ROE
6.3%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 9.7% a year against a sector median of 10.6% — 0.9 percentage points slower.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| A-One Steels India Limited — this one | -21%/yr | 65.5× | — |
| Welspun Corp Limited | 119%/yr | 30.2× | — |
| APL Apollo Tubes Limited | 23%/yr | 48.2× | ₹2.1 |
| Shyam Metalics and Energy Limited | 9%/yr | 26.2× | ₹2.9 |
| Ratnamani Metals & Tubes Limited | -1%/yr | 40.3× | — |
| Jindal Saw Limited | 14%/yr | 26.4× | ₹1.9 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Iron & Steel Products), it ranks 40 of 70 on returns, 36 of 68 on growth, 52 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 11.5% on capital, ahead of 43% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹125 crore of cash from the business but spent ₹648 crore on plant and equipment, ₹523 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹527 crore to ₹1052 crore. But only about 33 of every 100 rupees of profit it reported over 5 years arrived as cash — the rest is tied up. Its cash comes back more slowly than it used to: it went from being waiting 11 days for its cash to waiting 33 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
5 of 7 checks clear · 71%
Latest result
What the last results showed. Whether management kept its word is in Pro.
Results are expected soon.
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹3,144 Cr
- Prev close
- ₹407.10
- 52w High
- ₹470
- 52w Low
- ₹366
- Enterprise value
- —
- Beta
- —
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 4.0%
- PEG ratio
- -3.1
- P/E ratio
- 65.5
- P/B ratio
- —
- EV / EBITDA
- —
- Industry P/E
- 24.8
- ROCE
- 11.5%
- ROCE 5y average
- 11.8%
- ROE
- 6.3%
- Debt / Equity
- 1.3
- Interest coverage
- 2.5
- Dividend yield
- 0.0%
- ROE 3y average
- 5.0%
- ROE last year
- 6.0%
Annual P&L
- Annual revenue
- ₹4,149 Cr
- Annual profit
- ₹128 Cr
- Operating margin
- 5.0%
- Net profit margin
- 3.1%
- EBITDA margin
- 5.3%
- Sales growth 3y
- 9.5%
- Sales growth 5y
- —
- Profit growth 3y
- -21.0%
- Profit growth 5y
- —
- EPS
- ₹18.5
- Sales growth TTM
- 17.0%
- Profit growth TTM
- 15119.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹955 Cr
- Profit latest quarter
- ₹16 Cr
- YoY quarterly sales growth
- —
- YoY quarterly profit growth
- —
- OPM latest quarter
- 6.0%
Balance Sheet
- Book Value
- —
- Face Value
- ₹10.0
- Total debt
- ₹1,052 Cr
- Total cash
- ₹100 Cr
- Borrowings
- ₹1,052 Cr
- Reserves / Equity
- 11.3
Cash Flow
- Operating cash flow
- ₹63 Cr
- Free cash flow
- -₹2 Cr
- FCF yield
- -3.5%
- Net cash flow
- ₹14 Cr
Shareholding
- Promoter holding
- 74.5%
- FII holding
- 3.2%
- DII holding
- 3.4%
- Public holding
- 18.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | 2,704.60 | 30.9 | 71,345 | 0.18 | 1,047.9 | 198.6 | 4,081.1 | 14.9 | 22.9 |
| APL Apollo Tubes | 2,135.00 | 48.2 | 59,280 | 0.40 | 263.1 | 10.9 | 5,606.7 | 8.4 | 31.8 |
| Shyam Metalics | 1,067.30 | 26.5 | 29,792 | 0.42 | 350.7 | 18.1 | 5,455.1 | 23.4 | 13.0 |
| Jindal Saw | 281.90 | 27.6 | 18,028 | 0.71 | 90.8 | -75.4 | 4,452.3 | 9.0 | 10.4 |
| Ratnamani Metals | 2,524.30 | 40.3 | 17,693 | 0.40 | 107.0 | -37.7 | 971.6 | -15.6 | 17.9 |
| Usha Martin | 520.25 | 29.1 | 15,854 | 0.72 | 142.0 | 40.7 | 1,033.0 | 16.4 | 19.5 |
| Godawari Power | 214.31 | 17.6 | 14,428 | 0.47 | 222.4 | 2.7 | 1,750.5 | 32.3 | 20.5 |
| A-One Steels | 420.35 | 67.3 | 3,247 | 0.00 | 16.4 | 954.6 | 11.5 | ||
| Median | 170.72 | 23.4 | 1,022 | 0.00 | 14.3 | 28.3 | 213.2 | 16.6 | 13.0 |
Competes with: APL Apollo Tubes Limited, Godawari Power And Ispat limited, Jai Balaji Industries Limited, Jindal Saw Limited, MSP Steel & Power Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2024 |
|---|---|
| Sales | 955 |
| Expenses | 893 |
| Operating Profit | 61 |
| OPM % | 6 |
| Other Income | 3 |
| Interest | 27 |
| Depreciation | 13 |
| Profit before tax | 24 |
| Tax % | 34 |
| Net Profit | 16 |
| EPS in Rs | 2.53 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 2,757 | 3,164 | 3,834 | 3,542 | 4,149 |
| Expenses | 2,577 | 2,944 | 3,664 | 3,381 | 3,929 |
| Operating Profit | 180 | 220 | 171 | 161 | 219 |
| OPM % | 7 | 7 | 4.50 | 4.50 | 5 |
| Other Income | 4 | 18 | 28 | 34 | 118 |
| Interest | 30 | 71 | 97 | 113 | 109 |
| Depreciation | 19 | 33 | 43 | 56 | 63 |
| Profit before tax | 135 | 135 | 58 | 26 | 165 |
| Tax % | 25 | 28 | 34 | 59 | 23 |
| Net Profit | 101 | 98 | 38 | 11 | 128 |
| EPS in Rs | 774 | 752 | 225 | 1.24 | 18 |
| Dividend Payout % | -0 | -0 | -0 | -0 | -0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 9%
- TTM
- 17%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- -21%
- TTM
- 15119%
Return on equity
- 10 years
- —
- 5 years
- 12%
- 3 years
- 5%
- Last year
- 6%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 68 | 68 |
| Reserves | 266 | 364 | 422 | 627 | 771 |
| Borrowings | 527 | 1,241 | 1,043 | 1,010 | 1,052 |
| Other Liabilities | 298 | 352 | 914 | 1,048 | 1,298 |
| Total Liabilities | 1,108 | 1,974 | 2,395 | 2,753 | 3,190 |
| Fixed Assets | 304 | 452 | 540 | 622 | 680 |
| CWIP | 10 | 47 | 87 | 122 | 65 |
| Investments | 15 | 50 | 62 | 78 | 79 |
| Other Assets | 779 | 1,425 | 1,706 | 1,931 | 2,366 |
| Total Assets | 1,108 | 1,974 | 2,395 | 2,753 | 3,190 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | -52 | -320 | 325 | 109 | 63 |
| Cash from Investing Activity | -109 | -247 | -191 | -192 | -10 |
| Cash from Financing Activity | 169 | 597 | -156 | 45 | -39 |
| Net Cash Flow | 8 | 30 | -22 | -38 | 14 |
| Free Cash Flow | -143 | -490 | 158 | -46 | -2 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 30 | 37 | 46 | 45 | 58 |
| Inventory Days | 46 | 74 | 62 | 98 | 96 |
| Days Payable | 26 | 27 | 61 | 87 | 97 |
| Cash Conversion Cycle | 49 | 84 | 47 | 56 | 58 |
| Working Capital Days | 11 | 4 | -2 | 21 | 33 |
| ROCE % | 17 | 10 | 8 | 12 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
In the last 1 year the price has not moved enough to draw bricks. Try a longer range.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
a new listing's EV withheld until its first post-issue balance sheet; value = fresh issue (0 = unknown), period = the issue cut-off
355inr_cr
2026-09-29
a new listing's P/B and Book Value withheld until its first post-issue balance sheet; value = fresh issue (0 = unknown), period = the issue cut-off
355inr_cr
2026-09-29
News
News and filings about A-One Steels India Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- coking coal
- iron ore
- steam coal
Depends on the price of
- Coking Coal
- Iron Ore
- coal
- steel
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Capital Goods
- Industry
- Iron & Steel Products
- Classification
- Capital Goods › Iron & Steel Products
- ISIN
- INE0OTC01025
Plants
- Bellary Facility I · Bellary
- Bellary Facility II · Bellary
- Chikkantapur Facility · Chikkantapur
- Gauribidanur Facility · Gauribidanur
- Hindupur Facility · Hindupur
- Koppal Facility · Koppal
News impact
Big market events that reach A-One Steels India Limited, and how the effect spreads.
1 Oct, 10:48 IST · Market event · high impact
A-One Steels India shares make a decent stock market debut; shares list at 14% premium - Business Today
A-One Steels India listed at a 14% premium, rewarding IPO investors with instant gains while rival steelmakers see no change in orders or prices.
Who it hits first
- A-One Steels India debuted on Oct 1, listing 14% above its IPO issue price.
- IPO investors booked an instant listing-day gain as demand outpaced the offer supply.
- Rival steelmakers feel nothing in orders or prices: a listing changes ownership, not steel demand.
Who may gain
- IPO allottees, who banked a 14% gain on listing day
- A-One Steels promoters, whose holding now carries a listed market value
- The company itself, which gains a public currency for future fundraising
Along the supply chain
Downstream
No downstream link: builders and dealers buy steel on price and delivery, not on whether a mill is listed.
Upstream
No upstream link: a listing does not change what the mill buys from iron-ore or coal suppliers.
Where demand moves
Business
No business demand shifts: steel buyers order the same volumes the day a mill lists its shares.
Capital
Fresh equity supply was absorbed at a 14% premium, showing healthy IPO appetite; peer stocks see no spillover flows.
How it spreads across sectors
Metals & Mining
Mildly positive mood: a healthy 14% listing premium supports sentiment for small steel names without changing steel prices.
When it plays out
Immediate
A-One Steels rides listing momentum for 1-7 days while IPO gains settle and flippers exit.
Medium term
Over 1-6 months the stock trades on quarterly output and margins; the listing pop becomes old news.
Short term
Over 1-4 weeks it finds a level as early hype fades and the first results approach.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 1 Oct 2026 | CITADEL SECURITIES SINGAPORE PTE LIMITED | SELL | 6,55,394 | ₹438.13 |
| 1 Oct 2026 | MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED | BUY | 5,73,384 | ₹420.18 |
| 1 Oct 2026 | MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED | SELL | 5,70,096 | ₹425.92 |
| 1 Oct 2026 | GRT STRATEGIC VENTURES LLP | BUY | 5,14,779 | ₹433.80 |
| 1 Oct 2026 | GRT STRATEGIC VENTURES LLP | SELL | 5,14,779 | ₹434.04 |
| 1 Oct 2026 | IRAGE BROKING SERVICES LLP | SELL | 5,10,598 | ₹437.63 |
| 1 Oct 2026 | URMILA MAHESHWARI | SELL | 4,70,649 | ₹450.88 |
| 1 Oct 2026 | URMILA MAHESHWARI | BUY | 4,70,131 | ₹426.73 |
| 1 Oct 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 4,33,827 | ₹431.84 |
| 1 Oct 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 4,33,827 | ₹431.54 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
No documents on record yet.
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.