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Ardee Industries Limited share price

Ardee Industries Limited engages in the recovery and recycling of end-of-life energy storage products and non-ferrous scrap while claiming resources from waste streams. The company's products include pure lead and lead alloys comprising lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys that applies in energy storage, e-mobility, automotive, chemical, and other industries. It operates in India, Singapore, Hong Kong, South Korea, Switzerland, United Arab Emirates, Japan, Saudi Arabia, and United States of America. The company was incorporated in 1993 and is based in New Delhi, India.Read more
IndustrialsMetal FabricationNSE: ARDEEISIN INE0XNF01022
16 Oct 2026, 3:29 PM IST₹47.81▲ 0.23 (0.48%)
  • Market Cap₹ 1,507 Cr.
  • Current Price₹ 47.81
  • High / Low₹ 73 / 47
  • Stock P/E17.6
  • Book Value₹ 6
  • Dividend Yield0.00 %
  • ROCE76.4 %
  • ROE80.70 %
  • Face Value₹ 2.0
More figures (10)
  • EPS (TTM)₹ 2.72
  • Price / Book8.27
  • OPM8.4 %
  • Debt / Equity1.25
  • Sales growth (3Y)39.4 %
  • Profit growth (3Y)114.6 %
  • Promoter holding72.7 %
  • EV / EBITDA9.4
  • Beta—
  • All-time high₹ 73

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
ARDEE+0.82%——————
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Ardee Industries Limited is in the Metal Fabrication industry (Industrials), with a market value of ₹1,507 crore.
  • It trades at 17.6 times its last 12 months' earnings and 8.3 times book value.
  • Revenue grew 39.4% a year over the last 3 years, profit 114.6% a year.
  • Return on equity was 80.7% and return on capital employed 76.4% in the latest year.
  • Debt was 1.25 times shareholders' equity.
  • The share price is 34.7% below its 52-week high.
  • Promoters and insiders hold about 72.7%; institutions about 5.4%.

Pros

  • Strong return on equity: 63.1% on average over the last 3 years.

Cons

  • Borrowings are high at 1.25 times shareholders' equity.
  • Trades at 8.3 times its book value.
  • The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Ardee Industries Limited

Ardee Industries Limited engages in the recovery and recycling of end-of-life energy storage products and non-ferrous scrap while claiming resources from waste streams. The company's products include pure lead and lead alloys comprising lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys that applies in energy storage, e-mobility, automotive, chemical, and other industries. It operates in India, Singapore, Hong Kong, South Korea, Switzerland, United Arab Emirates, Japan, Saudi Arabia, and United States of America. The company was incorporated in 1993 and is based in New Delhi, India.

Employees
243
Head office
New Delhi

Peer comparison

IndustrialsMetal Fabrication

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Ardee Industries47.8117.61,5070.0020—339—76.4
2.Bharat Forge1,835.00124.289,6710.46-90-131.634,64018.7115.6
3.PTC Industries24,680.00294.839,1110.0029466.2319297.437.9
4.Happy Forgings1,866.0053.917,6150.219139.2444927.0318.9
5.Ramkrishna Forgings691.45118.812,8060.1547297.631,21719.844.7
6.Gravita India1,479.3027.510,7750.0010611.841,47542.2318.1
7.RHI Magnesita India370.15—7,6440.686583.191,0145.59-7.2
8.Aeroflex Industries525.80101.96,9580.0819162.2214572.3816.5
9.Balu Forge Industries480.7020.05,8350.036615.8930128.9519.5
10.Pitti Engineering1,019.0030.43,7610.253028.9352915.8915.6
Median: 13 Co.855.2353.96,9580.053839.2448927.0316.1

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Standalone figures in ₹ crore

₹ CrJun 2026
Sales339
305
Operating Profit34
OPM %10%
Other Income0
Interest4
Depreciation3
Profit before tax27
25%
Net Profit20
EPS in Rs0.78
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital33351
Reserves17265996
81142166184
7243432
Total Liabilities108196262363
42597279
CWIP31368
63124184276
Total Assets108196262363

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
-14-25830
-25-27-23-20
3854134
Net Cash Flow-12-214
Free Cash Flow-36-46-1717

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2023Mar 2024Mar 2025Mar 2026
ROE42.4%36.2%72.4%80.7%
ROCE45.3%36.9%63.2%76.4%
Operating margin4.6%3.4%6.0%8.4%
Net margin2.1%2.0%4.6%7.6%
Debt / equity4.004.872.651.25
Current ratio0.920.911.041.41
Debtor days2032308
Inventory days25402746
Days payable49145
Cash conversion cycle41634349
Working capital days-5-10327

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 67.62%
  • FIIs 0.67%
  • DIIs 5.24%
  • Public 26.47%
%Sep 2026
Promoters67.62%
0.67%
5.24%
26.47%
No. of Shareholders86,287

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Ardee Industries

Holder (above 1%)Stake
BANK OF INDIA SMALL CAP FUNDMutual fund1.50%
The Wealth Company Alternates Trust-Bharat Value FAIF1.50%
The Wealth Company Alternates Trust-Bharat Value FAIF1.20%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 1.50% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

None filed recently.

Credit ratings

None filed recently.

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
1 Jan 1970
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Latest news

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Ardee Industries Limited

What is the share price of Ardee Industries Limited today?
Ardee Industries Limited (ARDEE) last traded at ₹47.81 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of Ardee Industries Limited?
About ₹1,507 crore at the latest price.
What is the P/E ratio of Ardee Industries Limited?
About 17.6 times its earnings over the last 12 months.
Is Ardee Industries Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Ardee Industries Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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