Ashoka Metcast Ltd vs Scan Steels Ltd Stock Comparison
Ashoka Metcast Ltd vs Scan Steels Ltd Stock Comparison
Last Updated on: Jun 01, 2026
Key Highlights
The Latest Trading Price of Ashoka Metcast Ltd is ₹ 15.92 as of 01 Jun 10:53
. The P/E Ratio of Ashoka Metcast Ltd changed from 11.9 on March 2023 to 6 on March 2022 . This represents a CAGR of -12.80% over 5 yearsThe P/E Ratio of Scan Steels Ltd changed from 9.4 on March 2023 to 0 on March 2022 . This represents a CAGR of -100.00% over 5 years The Market Cap of Ashoka Metcast Ltd changed from ₹ 38.47 crore on March 2023 to ₹ 12.56 crore on March 2022 . This represents a CAGR of -20.06% over 5 yearsThe Market Cap of Scan Steels Ltd changed from ₹ 144.91 crore on March 2023 to ₹ 0 crore on March 2022 . This represents a CAGR of -100.00% over 5 years The revenue of Ashoka Metcast Ltd for the Mar '26 is ₹ 13.12 crore as compare to the Dec '25 revenue of ₹ 9.86 crore. This represent the growth of 33.06% The revenue of Scan Steels Ltd for the Mar '26 is ₹ 283.18 crore as compare to the Dec '25 revenue of ₹ 191.63 crore. This represent the growth of 47.77% The ebitda of Ashoka Metcast Ltd for the Mar '26 is ₹ 5.18 crore as compare to the Dec '25 ebitda of ₹ 5.61 crore. This represent the decline of -7.66% The ebitda of Scan Steels Ltd for the Mar '26 is ₹ 15.2 crore as compare to the Dec '25 ebitda of ₹ 10.41 crore. This represent the growth of 46.01% The net profit of Ashoka Metcast Ltd changed from ₹ 1.52 crore to ₹ 2.22 crore over 8 quarters. This represents a CAGR of 20.85%
The net profit of Scan Steels Ltd changed from ₹ 14.59 crore to ₹ 6.91 crore over 8 quarters. This represents a CAGR of -31.18%
The Dividend Payout of Ashoka Metcast 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 Scan Steels Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
About Ashoka Metcast Ltd
Ashoka Metcast Limited was incorporated as 'Tanya Estate Private Limited' on July 29, 2009 with the Registrar of Companies, Gujarat.
The name of the Company was changed from 'Tanya Estate Private Limited' to 'Ashoka Metcast Private Limited' through a fresh Certificate of Incorporation issued on September 13, 2017.
Further, Company changed the name to Ashoka Metcast Limited on November 09, 2017.
The Company is part of Gujarat based diversified business group currently promoted by Mr. Shalin Ashok Shah and Family.
The Company had in its earlier years began to develop real estate, infrastructure and land plotting vertical; however; due to unforeseen circumstances and changes in market dynamics, the real estate business division faced delays in execution of its plans and eventually could not complete the proposed acquisition and related plans.
About Scan Steels Ltd
Scan Steels Limited was formerly incorporated as Mittal Securities Private Limited on January 18, 1994 as a Private Limited Company.
The Company converted in the Public Limited Company on 18 October 1994 and the name was changed to Mittal Securities Finance Limited.
On November 7, 2007, it changed to Clarus Finance & Securities Limited and to Clarus Infrastructure Realties Limited on March 31, 2010 and once again attained the name to 'Scan Steels Limited' with effect from 26 September, 2014.
The Company is engaged in steel manufacturing business such as TMT Re-Bars, Sponge Iron, MS Billets/ Ingots and also generating power for captive consumption.
The Company has manufacturing plants in Odisha and Karnataka.
It operate a production capacity of 3,34,400 MT of TMT Plant.
Initially, the Company engaged in the business of Finance Investment and Trading in Shares and Securities.
FAQs for the comparison of Ashoka Metcast Ltd and Scan Steels Ltd
Which company has a larger market capitalization, Ashoka Metcast Ltd or Scan Steels Ltd?
Market cap of Ashoka Metcast Ltd is 39 Cr while Market cap of Scan Steels Ltd is 227 Cr
What are the key factors driving the stock performance of Ashoka Metcast Ltd and Scan Steels Ltd?
The stock performance of Ashoka Metcast Ltd and Scan Steels 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 Ashoka Metcast Ltd and Scan Steels Ltd?
As of June 1, 2026, the Ashoka Metcast Ltd stock price is INR ₹15.69. On the other hand, Scan Steels Ltd stock price is INR ₹37.52.
How do dividend payouts of Ashoka Metcast Ltd and Scan Steels Ltd compare?
To compare the dividend payouts of Ashoka Metcast Ltd and Scan Steels 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.