Afloat Enterprises Limited primarily engages in the manufacture, production, procurement, conversion, buying, sale, and trading of iron and steel products in India. The company also deals in diamonds, gold, tin plates, ETP sheets, TFS, scraps, mild steel products, carbon steels, and stainless products. In addition, it sells, buys, trades, imports, and exports wheat, rice, paddies, corns, oils, and other commodities in India and internationally. The company was formerly known as Adishakti Loha and Ispat Limited and changed its name to Afloat Enterprises Limited in October 2023. Afloat Enterprises Limited was incorporated in 2015 and is based in New Delhi, India.
Metrics to compare | ADIH | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipADIHPeersSector | |
---|---|---|---|---|
P/E Ratio | 23.2x | 23.7x | 12.5x | |
PEG Ratio | 0.03 | −0.30 | 0.03 | |
Price/Book | 0.4x | 1.0x | 1.4x | |
Price / LTM Sales | 1.0x | 1.5x | 1.2x | |
Upside (Analyst Target) | - | 0.0% | 15.3% | |
Fair Value Upside | Unlock | 5.9% | 6.9% | Unlock |