What we do Ashoka Metcast Limited trades in structural steel products such as TMT bars, angles, channels, and MS bars, primarily serving the construction industry. |
Founded in 2,009 |
Market share A growing player in steel trading with a rising profit trend and increasing market presence through its subsidiary. |
Problem solved Provides reliable sourcing and trading of structural steel products to meet infrastructure and construction demands efficiently. |
Top clients or who we serve Serves B2B customers in construction, infrastructure, and industrial sectors across India. |
Key management - |
Our journey and innovations Started as a real estate company in 2009, rebranded and shifted focus to steel trading in 2017, with IPO raising Rs 12 crore. |
Where we operate Primarily operates in India with subsidiaries enhancing its market footprint. |
Top products or what we offer Trades in TMT bars, steel angles, channels, and MS bars through Ashoka Metcast Ltd and its subsidiary Rhetan TMT Limited. |
Top brands - |
Raw materials needed Structural steel raw materials like steel billets and scrap for steel bar manufacturing through subsidiary. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily cyclical, tied to construction and infrastructure market cycles. |
Our industry position Emerging steel trader with growing revenues and profitability, bidding for leadership in regional markets. |
Financial highlights Standalone revenue of Rs 4.8 crores and PAT Rs 2.39 crores in 2025; consolidated revenue Rs 38.96 crores with PAT Rs 5.49 crores. |
Geographical revenue split Revenue predominantly from Indian domestic markets. |
Order book - |
Whats driving growth Rising demand for construction materials and strategic expansions via subsidiaries. |
Our future plans Plans to increase authorized capital and strengthen market position in steel trading. |
Our green promise - |
Our people and values Committed to strong governance with active board oversight and compliance culture. |
Key challenges ahead Market volatility in steel prices and competition in the steel trading segment. |
Interesting facts Completed IPO in 2018 to fuel transition from real estate to steel trading business. |
Risks and strategy Managing cyclical industry risks via diversification and strengthening of subsidiary operations. |
