Associated Coaters Ltd (ASSOCIATED) — shareholding pattern, promoter holding, financials and share price
About Associated Coaters Ltd (ASSOCIATED)
Associated Coaters Ltd operates in the Other Industrial Products industry, within the Capital Goods sector. It trades on the NSE as ASSOCIATED and on the BSE under scrip code 544183. Its ISIN is INE0RIQ01013.
Incorporated in 2017, Associated Coaters Ltd is in business of metal coating [1]
Associated Coaters Limited specializes in pre-treatment and powder coating services for aluminium extrusions, primarily serving the Architect and Real Estate industries. It underwent a transformation from a private to a public limited company in December 2023, possibly indicating strategic growth ambitions.
The company employs a detailed, precise powder coating process leveraging electrostatic techniques for superior adhesion and even finish of aluminium surfaces.
Listed peers in Other Industrial Products: Yasons Chemex Care Ltd, Marinetrans India Ltd, Poojawestern Metaliks Ltd, Jiwanram Sheoduttrai Industries Ltd, Amiable Logistics India Ltd.
Valuation & Returns
At ₹92 a share, Associated Coaters Ltd (ASSOCIATED) was valued at a price-to-earnings ratio of 10.86x against an industry P/E of 37x and a price-to-book of 1.59x on a book value of ₹57.86 per share. Solomo computes return on equity of 14.64% and return on capital employed of 18.82% from filed results.
- P/E
- 10.86x
- Industry P/E
- 37x
- P/B
- 1.59x
- EPS (TTM)
- ₹8.47
- Book value / share
- ₹57.86
- ROE
- 14.64%
- ROCE
- 18.82%
- ROA
- 10.46%
- Debt / equity
- 0.01x
- Dividend yield
- 0%
- EBITDA margin
- 20.94%
- 52-week range
- ₹72 – ₹132.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Associated Coaters Ltd (ASSOCIATED) reported revenue of ₹8.26 crore, net profit of ₹1.15 crore and earnings per share of ₹8.51. That compares with revenue of ₹5.96 crore and net profit of ₹1.06 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹5.16 crore and net profit ₹0.61 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1.39 | 3.59 | 5.38 | 5.96 | 8.26 |
| Net profit (₹ cr) | 0.14 | 0.55 | 1.01 | 1.06 | 1.15 |
| EPS (₹) | 46.67 | 183.33 | 10.86 | 7.84 | 8.51 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 62.28% | 10.78% |
| Profit growth | 98.04% | 4.95% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 68.79% of Associated Coaters Ltd (ASSOCIATED). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2024.
Largest disclosed public shareholders in Mar 2026: ANUJ GUPTA 1.66%, BADA BUSINESS PRIVATE LIMITED 1.26%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 68.79% | - | - | - | 31.21% |
| Sep 2025 | 68.79% | - | 0% | 0% | 31.21% |
| Mar 2025 | 68.79% | - | - | - | 31.21% |
| Sep 2024 | 68.79% | - | - | - | 31.21% |