September 9, 2024 - September 11, 2024

Aditya Ultra Steel IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Aditya Ultra Steel IPO.

Aditya Ultra Steel IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Aditya Ultra Steel IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Aditya Ultra Steel IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company enjoys the benefit of its tie up with KMIL and use of its popular Kamdhenu Brand has helped it to create a niche place in TMT bars market with B2B model. It suffered a setback for FY23 in line with adverse conditions in the market with higher coal prices and lower steel prices. Since the things are reversed and it has added capacities, it earned better margins for FY24. Based on concluded fiscal earnings, the issue appears fully priced. Investors may park funds for the medium to long term. Read detail review...

Aditya Ultra Steel IPO Peer Comparison

Aditya Ultra Steel Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Aditya Ultra Steel Limited	4.62	21.93		21.08	2.95	Standalone
Rathi Bars Ltd.	2.19	57.52	15.93	3.8	0.6	Standalone
Mangalam Worldwide Limited	7.78	66.21	16.77	11.68	1.97	Standalone

Notes:

The Current Market Price is considered the same as the issue price of Equity shares for the issuer company.
The P/E Ratio has been computed based on the closing market price of equity shares on the NSE on March 31, 2024, divided by the diluted EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Aditya Ultra Steel IPO Review by Members

Aditya Ultra Steel IPO Reviews, analysis and views by popular members. Read Aditya Ultra Steel Limited IPO reviews by retail investors to find recommended ipo to buy.

Post Recommendation Manage Your IPO Reviews

Aditya Ultra Steel IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	0
%

Member	Review
No recommendation found. Be the first to post the recommendation.

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.

Comments

Add a public comment...