1.91
-3.05%
Close of 9 Nov 2026, in INR
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About Ankit Metal & Power
Its shares trade on NSE under the ticker ANKITMETAL.NS. It has been listed since 10 July 2007. In the fiscal year to 31 March 2023, it reported revenue of ₹7.58bn and a net loss of ₹987.5m. At that date it held total assets of ₹11.95bn and shareholders' equity of −₹8.83bn.
Ankit Metal & Power Ltd. engages in the manufacturing of iron and steel products. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2007-07-10. The firm's integrated steel plant produces 100,000 million tons per annum (MTPA) of rolled products comprising of TMT Bars, Sponge Iron, Steel Melting Shop, Pig Iron, Ferro Silicon, M.S. billets, Billets, and Rolling Mill along with a 12.5 megawatt (MW) Captive Power Plant. The company also produces wire rods and other rolled products. Its products are used in bridges, flyovers, high-rise buildings, and even in areas of high humidity, cyclone-prone areas, and seismic-prone areas. The firm's products also serve real estate developers, construction units, forging units, wire drawing units, railways, and engineering industries. The firm also generates power from Captive Power Plant.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 10 Jul 2007
- Employees
- 1,016
- Website
- ankitmetal.com ↗
Leadership
Pay as last reported
- Mr. Subham BhagatChairman of the Board, Managing Director, since 2021
- Mr. Ajay MishraExecutive Director, since 2018
- Mrs. Sujata AgarwalAdditional Director
- Mr. Sharat MalikAdditional Independent Director
- Mr. Debasish MukherjeeAdditional Independent Director
- Mr. Aritro RoyAdditional Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ankit Metal & Power Ltd produces 100,000 MTPA of rolled products including TMT Bars and Sponge Iron.
- The company's integrated steel plant serves real estate developers and construction units nationwide.
- Its products are used in high-humidity, cyclone-prone, and seismic-prone areas across India.
Weaknesses
- The company's Captive Power Plant generates only 12.5 MW of power, limiting energy independence.
- Ankit Metal & Power Ltd has 1,016 employees, which is relatively small for a Materials sector firm.
- The firm's business is concentrated in Kolkata, West Bengal, limiting geographic diversification.
Opportunities
- Expanding into new markets for wire rods and other rolled products in India's growing construction sector.
- Increasing demand for steel in infrastructure projects like bridges and flyovers nationwide.
- Leveraging the firm's products in high-humidity and cyclone-prone regions for resilient construction.
Threats
- Competition from other Materials sector firms in India's steel industry.
- Fluctuations in global steel prices affecting the company's profitability.
- Regulatory changes in India's Metals & Mining sector impacting operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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