Penny Stock Under Rs 30: TMT Bar Manufacturer Operating Under the Kamdhenu Brand Reports 21.32 Per Cent Profit Growth In FY25, Stock Trades Below Its Book Value
Stock is trading at 0.76 times its book value.
Aditya Ultra Steel Ltd, a Gujarat-based TMT bar manufacturer operating under the Kamdhenu brand, recently announced its Half Yearly and FY24 financial results. The company, which caters to the construction and infrastructure sectors, has shown mixed performance in its financial metrics while continuing to expand its market reach, especially in Tier-3 cities. Here’s a brief overview of its business operations, financial results, and key stock metrics as of May 2025.
In the Half Yearly Results of March 2025, the company reported a revenue of Rs 272.93 crore, reflecting a decline of 12.63 per cent compared to Rs 312.39 crore in September 2024. The profit after tax (PAT) declined by 20.58 per cent to Rs 4.13 crore from Rs 5.20 crore in September 2024.
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In FY25, the company posted a revenue of Rs 585.32 crore, registering a decline of 0.42 per cent compared to Rs 587.80 crore in FY24. The net profit for the year stood at Rs 9.33 crore, up 21.32 per cent from Rs 7.69 crore in the previous financial year.
Incorporated in 2011, Aditya Ultra Steel Ltd is in the business of TMT bars, Iron, and other Steel products. AUSL manufactures TMT Bars under the Kamdhenu brand and is the sole supplier of Kamdhenu TMT bars in Gujarat. Kamdhenu supports AUSL with a dealer network and marketing, helping expand its presence in Tier-3 cities. The company produces TMT bars from billets using a reheating furnace and rolling mill, catering to the construction and infrastructure sectors. It has sold over 4 lakh TMT bars to date. The company develops products like TMT Fe415 and TMT Fe500 in the sizes of 8 MM, 10 MM, 12 MM, 16 MM, 20 MM, 25 MM and 32 MM.
As of 30 May 2025, Aditya Ultra Steel Ltd is listed on NSE SME with a market capitalisation of Rs 75.4 crore and a current stock price of Rs 30.4. The stock has traded between a 52-week high of Rs 72.0 and a low of Rs 23.6. It has a single-digit price-to-earnings (P/E) ratio of 8.08 and a book value of Rs 40.1. The company is trading below its book value. Its return on capital employed (ROCE) stands at 13.3 per cent, and the return on equity (ROE) is 12.6 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.