Adishakti Loha & Ispat Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

AFLOAT Enterprises Ltd., formerly known as Adishakti Loha and Ispat Limited, is an India-based company primarily engaged in the trading of metals and agricultural commodities. The company underwent a significant corporate rebranding, changing its name to AFLOAT Enterprises Limited effective October 26, 2023. Its core business operations involve the trading of iron and steel, while also maintaining a diverse portfolio that includes the buying, selling, and international trading of agricultural products such as wheat, rice, corn, and oils. The company serves as a trade intermediary, leveraging its position to bridge demand and supply in both industrial and consumer commodity markets.

Key Points

• Key Facts:
  • Incorporation/Evolution: Originally incorporated as Aawas Infratech Private Limited, it was renamed Adishakti Loha and Ispat Private Limited in 2019, converted to a Public Limited Company in 2020, and finally rebranded as AFLOAT Enterprises Ltd. in late 2023.
  • Headquarters: New Delhi, India.
  • Stock Listing: Listed on the BSE SME platform (Security Code: 543377).
  • Core Products: Iron, steel, wheat, rice, paddies, corn, and edible oils.
• Operations and Resources: The company operates as a trading entity. Its operational infrastructure is focused on supply chain management and trade logistics rather than manufacturing or mining. As of March 2024, its total asset base stood at ₹51.73 million, down from ₹54.46 million in the previous year.
• Privatization and Ownership: The company is a publicly listed entity with no reported parent company or significant government stake mentioned in the recent annual filings. It transitioned from a private to a public limited company in March 2020.
• Market and Significance: AFLOAT Enterprises operates in the essential commodities and metals sectors, which are strategically important to both the infrastructure (iron and steel) and food security (grains and oils) industries in India and international markets.
• Revenue Breakdown:
  • Annual Revenue (FY 2023-24): ₹18.88 million from operations, a decrease from ₹37.42 million in FY 2022-23.
  • Total Income: ₹23.30 million (including other income of ₹4.43 million).
  • Profitability: The Net Profit after Tax (PAT) for FY 2023-24 was ₹0.28 million, compared to ₹0.73 million in the preceding year.
  • Segmental Data: The company operates as a unified trading business for metals and commodities; specific numerical splits between metal trading and agricultural trading were not detailed in the summary financial tables.
• Business Model: The company follows a trading-led business model, focusing on volume-driven transactions in high-demand commodities. It excels in navigating the regulatory and logistical requirements of both domestic and export-import markets for agricultural and industrial goods.
• Strategic Initiatives: Current efforts are centered on stabilizing operations following the corporate rebranding and managing the shift in its trading mix. The company has maintained a debt-free or low-debt profile, as evidenced by its balance sheet and focus on "Short-term loans and advances" as a major asset component (₹49.88 million).
• Major Subsidiaries: As per the Form AOC-1 filed for the financial year 2023-24, the company has no subsidiaries, associates, or joint ventures.
• Employee Count and Trends: Specific employee headcounts and attrition rates were not detailed in the recent 2024-2025 financial disclosures, though management is led by a Board of Directors including Pawan Kumar Mittal and Swati Jain.

References

1. Annual Report Jun 2024
2. Result Nov 2025