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Ashiana Ispat Ltd vs Newmalayalam Steel Ltd Stock Comparison

Ashiana Ispat Ltd vs Newmalayalam Steel Ltd Stock Comparison

Last Updated on: Jun 03, 2026

Key Highlights

  • The Latest Trading Price of Ashiana Ispat Ltd is ₹ 18.28 as of 01 Jun 15:30 . The P/E Ratio of Ashiana Ispat Ltd changed from 6.9 on March 2021 to 0 on March 2025 . This represents a CAGR of -100.00% over 5 yearsThe P/E Ratio of Newmalayalam Steel Ltd changed from 9.2 on March 2025 to 9.2 on March 2025 . This represents a CAGR of 0.00% over 1 years The Market Cap of Ashiana Ispat Ltd changed from ₹ 7.96 crore on March 2021 to ₹ 19.76 crore on March 2025 . This represents a CAGR of 19.94% over 5 yearsThe Market Cap of Newmalayalam Steel Ltd changed from ₹ 40.37 crore on March 2025 to ₹ 40.37 crore on March 2025 . This represents a CAGR of 0.00% over 1 years The revenue of Ashiana Ispat Ltd for the Dec '25 is ₹ 648.09 crore as compare to the Sep '25 revenue of ₹ 408.52 crore. This represent the growth of 58.64% The revenue of Newmalayalam Steel Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Ashiana Ispat Ltd for the Dec '25 is ₹ 38.18 crore as compare to the Sep '25 ebitda of ₹ 0.44 crore. This represent the growth of 8577% The ebitda of Newmalayalam Steel Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Ashiana Ispat Ltd changed from ₹ 3.17 crore to ₹ 37.82 crore over 7 quarters. This represents a CAGR of 312.32% The net profit of Newmalayalam Steel Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Ashiana Ispat Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Newmalayalam Steel Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Ashiana Ispat Ltd

  • Ashiana Ispat Limited, incorporated in 1992, is engaged in manufacturing of cold twisted (CTD)/ high-strength deformed (HSD)/thermo mechanical treatment (TMT)/ ingot bar.
  • The Company's TMT steel bars are used in all types of construction purposes.
  • Its CTD Steel Bars are used in buildings, reservoirs and power structures. The Company's product portfolio included Ashiana Khamdhenu HSD Bars, Ashiana Khamdhenu TMT Bars and Ashiana Khamdhenu CTD bars.
  • The Company has launched two effective products, Kamdhenu NXT and KAY2 Xenox in 2021-22. The installed production capacity was increased from 134000 MT to 240000 MT per annum in 2024.

About Newmalayalam Steel Ltd

  • Newmalayalam Steel Limited was incorporated on March 31, 2017 as NewMalayalam Steel Private Limited', a Private Limited Company with Registrar of Companies, Central Registration Centre.
  • Further, Company was converted into a Public Limited Company and the name was changed to Newmalayalam Steel Limited' and a fresh Certificate of Incorporation dated February 1, 2024 was issued by the Central Processing Centre.
  • Company is engaged in manufacturing galvanised pipes, tubes, and sheets. The Company took over the entire business of M/s.
  • Demac Steel on a going concern basis, through the Business Transfer Agreement in August 2017.
  • In 2018, the Company commenced manufacturing of galvanised pipes, tubes, and sheets by installing another electric resistance welding tube mill of an installed capacity of 3,500 MT in their manufacturing unit at Thrissur, in Kerala.

FAQs for the comparison of Ashiana Ispat Ltd and Newmalayalam Steel Ltd

Which company has a larger market capitalization, Ashiana Ispat Ltd or Newmalayalam Steel Ltd?

Market cap of Ashiana Ispat Ltd is 14 Cr while Market cap of Newmalayalam Steel Ltd is 40 Cr

What are the key factors driving the stock performance of Ashiana Ispat Ltd and Newmalayalam Steel Ltd?

The stock performance of Ashiana Ispat Ltd and Newmalayalam Steel Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Ashiana Ispat Ltd and Newmalayalam Steel Ltd?

As of June 3, 2026, the Ashiana Ispat Ltd stock price is INR ₹18.28. On the other hand, Newmalayalam Steel Ltd stock price is INR ₹23.3.

How do dividend payouts of Ashiana Ispat Ltd and Newmalayalam Steel Ltd compare?

To compare the dividend payouts of Ashiana Ispat Ltd and Newmalayalam Steel Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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