Annual reportSep 2026
Sep 2026 · Updates 7 Sep - 15th AGM on 30 Sep 2026 via VC/OAVM; annual report web link shared, voting dates announced.
Source: Nse
Aditya Ultra Steel Ltd. (AUSL)
SME CapMetals stocks · SME cap · NSE
Aditya Ultra Steel Ltd. operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 01:59 pm ISTDetails
Quote21 Oct, 01:59 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result01 Jun, 07:51 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
34Bearishfull bear SMA stack · SMA20 -6.3% / mo · MACD +
Stock trend: 27
Sector RS: 44
Sector 3M: -5.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
AUSLD candles · FIT view+0.4%Latest close ₹23.50 on 2026-10-15
Bar
+0.0%
RSI
49
MACD hist
0.01
52W pos
31%
2026-10-15O ₹23.50H ₹23.50L ₹23.50C ₹23.50Vol 2,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
AUSLNifty MetalNifty 500
- AUSL
- -9.3%
- Nifty 500
- -4.7%
- Nifty Metal
- -4.1%
- Vs Nifty 500
- -4.6 pp
Chart stats
15 Oct 2026- From 52W high
- -51.3%
- 52W range position
- 20%
- ATR (14)
- 3.7%
- Volume vs 20D
- 0.34x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹21.1 - ₹25.8
₹48.3
₹17.4 - ₹48.3
₹0.9
Latest completed session
20-session average
59.1% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED21
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bearish34
Price trend and sector-relative-strength timing.
Valuation
Legacy model-147.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence57
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹221 Cr | NDF | +20.1% |
| EBITDA | ₹10 Cr | NDF | +900.0% |
| Operating margin | 4.5% | NDF | +390 bps |
| PAT | ₹3 Cr | NDF | +200.0% |
| PAT margin | 1.4% | NDF | +82 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 14.50
- P/B
- 0.56
- EV/EBITDA
- 10.57
- Market Cap
- 58.40Cr
Profitability
- ROE
- 3.96%
- ROCE
- 7.36%
- ROA
- 2.07%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 3.00%
- EPS 5Y
- -3.00%
- Revenue 3Y
- -9.00%
- EPS 3Y
- 13.00%
Balance Sheet
- Debt/Equity
- 0.77
- Interest Coverage
- 1.38×
- Altman Z
- 3.44
- Book Value
- 41.60
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 3/5
- OCF
- 4.00 Cr
- EPS TTM
- 1.62
Shareholding
- Promoter Hold
- 68.76%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 31%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 221+20.1% vs prev
Net Profit
₹ CrLatest: 3.0+200.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term trend unclear. RSI 49.
- SMA20 falling (~6.7% over last month) — short-term momentum negative.
- RSI(14) at 49 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 36% off 52W high · 35% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
46
RS percentile
Stage 1 Base / Transition
1M return
-6.2%
3M return
+7.3%
6M return
+0.0%
1Y return
-29.1%
RS 1D
0
RS 20D
+1
Sector rank
#6
Industry rank
#55
Stage evidence
- Price is within 3.1% of the 30-week proxy.
- The 30-week proxy changed -1.9% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
185 observations
15 Oct 2026Value 66.19-2.45%
RS vs Nifty 50066
Valuation & peers
U-Score 21 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 21 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation14/30
Growth1/25
Quality0/20
Balance Sheet8/15
Cash Flow3/10
Piotroski
6/9 (+3)
Penalties
-8
Raw sum
21
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
21/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 8/15 to the score.
- Valuation contributes 14/30 to the score.
- Cash flow contributes 3/10 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -147.2%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
14.5
PB
0.6
EV/EBITDA
10.6
ROE
4.0%
ROCE
7.4%
FCF Yield
—
Debt/Equity
0.8
MoS
-147.2%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
21
Previous: 21
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-147.2%
Previous: -147.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
21
21
21
21
21
21
21
21
21
21
21
21
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹38.94
+39.7% MoS
Growth-justified P/E
5.9
Growth-justified Value
₹9.51
-147.2% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
NMSTEEL
SME
Newmalayalam Steel Ltd.
Steel
match 89
37
7.1
6.6%
+4%
WATCHLIST
KALANA
SME
Kalana Ispat Ltd.
Steel
match 83
36
23.3
2.2%
+31%
WATCHLIST
ASHOKAMET
Small
Ashoka Metcast Limited
Steel
match 82
50
2.9
8.4%
+92%
FAIR VALUE
CMNL
SME
Chaman Metallics Ltd.
Steel
match 76
15
—
-1.8%
—
OVERVALUED
PSRAJ
SME
P S Raj Steels Ltd.
Steel
match 75
30
44.4
12.4%
-11%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Aditya Ultra Steel Ltd. operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
57Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 20th percentile of the scored universe and 20th percentile within Metals. Main check: financial discipline is weak at 22/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
20th percentile
overall median 67 · Metals: 20th pctile, median 70 · SME: 21st pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
59
watch · leverage and solvency
Discipline
22
weak · capital discipline
Results
63
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 68.8%.
- ▸Promoter pledge is zero.
- ▸OPM spread across recent quarters is 3.9%.
Trust risks
- ▸Interest coverage is 1.4x.
- ▸ROCE is low at 7.4%.
- ▸ROE is low at 4%.
- ▸ROCE trend is -5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Aditya Ultra Steel Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.